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Techno Electric & Engineering Company Ltd

TECHNOE

Techno Electric & Engineering Company Ltd

TECHNOE
IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹17,933 cr, stock is ranked 382
High RiskStock is 3.61x as volatile as Nifty
1,625.155.39% (+83.15)
1,625.155.39% (+83.15)

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1D
1W
1M
1Y
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Max
SIP
IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹17,933 cr, stock is ranked 382
High RiskStock is 3.61x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹17,933 cr, stock is ranked 382
High RiskStock is 3.61x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
50.658.470.41%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.427.240.54%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Techno Electric & Engineering Company Limited is a provider of engineering, procurement and construction (EPC) services to core sector industries in India.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 9.07%, vs industry avg of 8.79%

Constant Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share stayed at 0.34%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 6.78%, vs industry avg of 27.95%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue139.481,336.691,061.36924.13956.081,174.38994.391,638.491,766.70
Raw Materialssubtract0.00893.820.000.000.00767.10660.201,124.741,349.67
Power & Fuel Costsubtract0.002.602.692.242.001.221.431.53
Employee Costsubtract0.5738.5540.5938.8833.2833.9342.1946.15
Selling & Administrative Expensessubtract1.9134.3530.2527.3430.1539.8247.0056.71
Operating & Other expensessubtract8.1029.72664.94590.30608.01-1.66-8.6365.82
Depreciation/Amortizationsubtract37.4742.3641.8241.5641.157.447.607.847.93
Interest & Other Itemssubtract21.4124.7713.397.389.407.1111.2917.0212.40
Taxes & Other Itemssubtract14.2864.8774.3237.3350.3255.5346.4550.2234.97
EPS0.634.1017.1616.0916.5223.9917.1724.9533.61
DPS0.000.000.000.0010.002.006.007.007.00
Payout ratio0.000.000.000.000.610.080.350.280.21

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
IndustrialsConstruction & Engineering

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Techno Electric & Engineering Company Ltd68.248.470.41%
Larsen and Toubro Ltd39.575.040.90%
GMR Airports Ltd-155.10-101.90
IRB Infrastructure Developers Ltd56.992.510.52%

Price Comparison

Compare TECHNOE with any stock or ETF
Compare TECHNOE with any stock or ETF
TECHNOE
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 4.59%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 5.42%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding56.92%22.29%1.83%9.81%9.15%

Mar 2024

Jun 2024

Jul 2024

Sep 2024

Shareholding History

SepDec '23MarJunJulSep2.28%3.21%3.85%4.39%7.93%9.81%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Techno Electric & Engineering Company Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Balanced Advantage Fund - Growth - Direct Plan

Growth
3.5341%0.66%-0.07%31/305 (-9)
Kotak Small Cap Fund - Growth - Direct Plan

Growth
2.9257%2.96%-0.34%2/83 (+1)
DSP Small Cap Fund - Growth - Direct Plan

Growth
2.0547%2.26%-0.54%10/79 (-5)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 13, 2024

Final
Final | Div/Share: ₹7.00

Dividend/Share

7.00

Ex DateEx Date

Sep 13, 2024

Cash Dividend

Ex DateEx DateSep 15, 2023

Final
Final | Div/Share: ₹6.00

Dividend/Share

6.00

Ex DateEx Date

Sep 15, 2023

Cash Dividend

Ex DateEx DateSep 15, 2022

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 15, 2022

Cash Dividend

Ex DateEx DateSep 20, 2021

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Sep 20, 2021

Cash Dividend

Ex DateEx DateFeb 24, 2021

Interim 2
Interim 2 | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Feb 24, 2021

News & Opinions
Corporate
Techno Electric & Engg. Company to declare Quarterly Result

Techno Electric & Engg. Company will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Techno Electric & Engg. Company to discuss results

Techno Electric & Engg. Company will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Techno Electric & Engg. Company to convene AGM

Techno Electric & Engg. Company announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Techno Electric & Engg. Company to conduct AGM

Techno Electric & Engg. Company announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Techno Electric ends higher after bagging contract for data centers from RailTel Corp

Accordingly, the company will establish EDCs in 102 Indian cities for RailTel Corporation under a 20-year concession agreement, extendable by five years. Techno Electric stated that the Edge Data Centers in India will play a pivotal role in meeting the low latency and high bandwidth requirements that are essential for a range of applications, including digital skills, financial inclusion, digital health & literacy, Al, AR, Internet of Things (loT), content delivery, and cloud gaming. This infrastructure will ensure that customers receive optimal digital experiences, driving innovation and progress in various sectors. Ankit Saraiya, director of Techno Electric & Engineering Company (TEECL), said: 'This is a major milestone for us and a testament to our commitment to building digital infrastructure for the people of India. We are bullish about digital empowerment in India, and this contract with RailTel will allow us to fulfil the needs of a rapidly growing digital population. We are honoured to be RailTel's Business Associate and look forward to a long association.' Techno Electric & Engineering Company is a recognized company in the power sector. It provides engineering, procurement and construction services to the three segments of power sector including generation, transmission and distribution. The company is also engaged in generation of wind power through wind turbine generators in the states of Tamil Nadu & Karnataka. The company's consolidated net profit surged to Rs 98.10 crore in Q1 FY25 as compared with Rs 25.56 crore in Q1 FY24. Revenue jumped 37% YoY to Rs 375.37 crore during the quarter. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Techno Electric & Engineering Company bags contract from RailTel

Techno Electric & Engineering Company (TEECL) has been awarded a contract to Design, Build, Finance, Operate, and Transfer Edge Data Centers (EDCs) by RailTel Corporation of India. Techno Electric and Engineeringwill design, build, finance, operate, and transfer Edge Data Centers (EDCs) as a Business Associate of RailTel Corporation of India in 102 cities across India over a twenty-year concession period extendable by five years. Edge Data Centers in India will play a pivotal role in meeting the low latency and high bandwidth requirements that are essential for a range of applications, including digital skills, financial inclusion, digital health & literacy, Al, AR, Internet of Things (IoT), content delivery, and cloud gaming. This infrastructure will ensure that customers receive optimal digital experiences, driving innovation and progress in various sectors. In addition, Edge Data Centers will offer major benefits to Internet Service Providers (ISPs) and Content Delivery Networks (CDNs) by reducing latency and enhancing speed. This capability will enable more efficient content delivery, improve network performance, and support the increasing demand for high-quality, real-time services across the country. Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Techno Electric hits the roof after partnering with IndiGrid to develop greenfield transmission projects

Techno Electric & Engineering Company has entered into securities subscription cum shareholders agreement (SSSHA) with IndiGrid 1 (IGL 1), IndiGrid 2 (IGL 2) and 2 special purpose vehicles (SPVs) of IndiGrid namely Ishanagar Power Transmission (IPTL) and Dhule Power Transmission (DPTL} for acquiring minority equity stake. Under this partnership, Techno Electric will co-develop and invest in IndiGrid's two ISTS projects, IPTL and DPTL. The company will invest minority capital and will also be responsible for the complete execution of the projects on a Lump Sum Turnkey (LSTK) basis. Techno Electric, chairperson, Padam Prakash Gupta,said, 'As a pioneer and lead in the energy transmission sector, Techno is immensely proud and honored to collaborate with IndiGrid, in advancing India's transmission story. This partnership represents @ significant milestone for us, reflecting our commitment to leading the transformation of the energy landscape in India. With our deep execution capabilities, a strong balance sheet, and a shared vision for sustainable growth, we view this collaborationas a long term strategic partnership that will shape the future of energy transmissionin the country.' Techno Electric & Engineering Company is a recognized company in the power sector. It provides engineering, procurement and construction services to the three segments of power sector including generation, transmission and distribution. The company is also engaged in generation of wind power through wind turbine generators in the states of Tamil Nadu & Karnataka. The company's consolidated net profit surged to Rs 98.10 crore in Q1 FY25 as compared with Rs 25.56 crore in Q1 FY24. Revenue jumped 37% YoY to Rs 375.37 crore during the quarter.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Techno Electric partners with Indigrid to develop two ISTS projects

Techno Electric & Engineering Company today announced that it has partnered with Indigrid to collaboratively undertake development of two of the IndiGrid's greenfield Interstate Transmission System (ISTS) projects and signed the Securities Subscription Cum Shareholders Agreement (SSSHA). Under this partnership, Techno Electric will co-develop and invest in IndiGrid's two ISTS projects i.e.Ishanagar Power Transmission (IPTL) and Dhule Power Transmission (DPTL). Techno will invest minority capital and will also be responsible for the complete execution of the projects on a Lump Sum Turnkey (LSTK) basis. Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Techno Electric & Engineering Company appoints director

Techno Electric & Engineering Company has appointed Arun Duggal (DIN: 00024262) as an Additional Non-Executive Independent Director of the company with effect from 13 August 2024. Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Techno Electric & Engineering Company consolidated net profit rises 288.36% in the June 2024 quarter

Net profit of Techno Electric & Engineering Company rose 288.36% to Rs 98.10 crore in the quarter ended June 2024 as against Rs 25.26 crore during the previous quarter ended June 2023. Sales rose 37.03% to Rs 375.37 crore in the quarter ended June 2024 as against Rs 273.93 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales375.37273.93 37 OPM %13.957.71 - PBDT73.8448.11 53 PBT71.9146.12 56 NP98.1025.26 288 Powered by Capital Market - Live

4 months agoCapital Market - Live