Teamtech Formwork Solutions Ltd (TEAMTECH) Share Price & Fundamentals

What we do

Teamtech Formwork Solutions Ltd manufactures modular formwork systems used in construction for vertical concrete structures like walls, foundations, and bridges, offering rental and refurbishment services.

Founded in

2,018

Market share

Emerging player in India's modular formwork market with growing revenue and clientele.

Problem solved

Enhances construction speed, efficiency, and flexibility for vertical concrete projects with customized formwork solutions.

Top clients or who we serve

Construction companies and contractors in infrastructure and building sectors; B2B focus.

Key management

Mr. Eldo Varghese (Managing Director), Mr. Chaitanya Prakash Kotagiri (Director), Mr. Salinraj Kunnummal (Director).

Our journey and innovations

Founded in 2018, launched formwork design software for project planning and quotations, offers refurbishment extending product life.

Where we operate

Primarily India with emerging international exports.

Top products or what we offer

Vertical modular T formwork systems, refurbishment services, rental model for formwork usage.

Top brands

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Raw materials needed

Steel panels and components for modular formwork.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue from product sales and refurbishment (cyclical), and rental services (recurring).

Our industry position

Growing revenue with Rs. 53.66 crore turnover and focused on expanding market presence.

Financial highlights

Revenue Rs. 53.66 crore, Net Profit Rs. 11.59 crore for FY 2024-25; steady profit growth.

Geographical revenue split

Revenue primarily from domestic markets with some foreign exchange earnings.

Order book

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Whats driving growth

Infrastructure development, rental offerings reducing customer capital expenditure, software-supported design efficiency.

Our future plans

Proposed Initial Public Offering, expanding production and technology capabilities.

Our green promise

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Our people and values

Committed management team, focus on operational excellence and customer support.

Key challenges ahead

Scaling operations, ERP compliance, competition, technology adoption.

Interesting facts

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Risks and strategy

Risk management in operational, financial, legal areas with proactive controls by management.