Techno Electric & Engineering Company Ltd
TECHNOETechno Electric & Engineering Company Ltd
TECHNOE
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 55.10 | 8.69 | 0.40% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 49.98 | 7.01 | 0.55% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Techno Electric & Engineering Company Limited is a provider of engineering, procurement and construction (EPC) services to core sector industries in India.
Peers
Compare with peersLarsen and Toubro Ltd
GMR Airports Ltd
IRB Infrastructure Developers Ltd
KEC International Ltd
NBCC (India) Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 139.48 | 1,336.69 | 1,061.36 | 924.13 | 956.08 | 1,174.38 | 994.39 | 1,638.49 | 1,777.19 | |||||||||
Raw Materials | 0.00 | 893.82 | 0.00 | 0.00 | 0.00 | 767.10 | 660.20 | 1,124.74 | 1,363.18 | |||||||||
| Power & Fuel Cost | 0.00 | 2.60 | 2.69 | 2.24 | 2.00 | 1.22 | 1.43 | 1.53 | ||||||||||
| Employee Cost | 0.57 | 38.55 | 40.59 | 38.88 | 33.28 | 33.93 | 42.19 | 46.15 | ||||||||||
| Selling & Administrative Expenses | 1.91 | 34.35 | 30.25 | 27.34 | 30.15 | 39.82 | 47.00 | 56.71 | ||||||||||
| Operating & Other expenses | 8.10 | 29.72 | 664.94 | 590.30 | 608.01 | -1.66 | -8.63 | 65.82 | ||||||||||
EBITDA | 128.90 | 337.65 | 322.89 | 265.37 | 282.64 | 333.97 | 252.20 | 343.54 | 414.01 | |||||||||
| Depreciation/Amortization | 37.47 | 42.36 | 41.82 | 41.56 | 41.15 | 7.44 | 7.60 | 7.84 | 7.78 | |||||||||
| PBIT | 91.43 | 295.29 | 281.07 | 223.81 | 241.49 | 326.53 | 244.60 | 335.70 | 406.23 | |||||||||
| Interest & Other Items | 21.41 | 24.77 | 13.39 | 7.38 | 9.40 | 7.11 | 11.29 | 17.02 | 14.35 | |||||||||
| PBT | 70.02 | 270.52 | 267.68 | 216.43 | 232.09 | 319.42 | 233.31 | 318.68 | 391.88 | |||||||||
| Taxes & Other Items | 14.28 | 64.87 | 74.32 | 37.33 | 50.32 | 55.53 | 46.45 | 50.22 | 50.58 | |||||||||
| Net Income | 55.74 | 205.65 | 193.36 | 179.10 | 181.77 | 263.89 | 186.86 | 268.46 | 341.30 | |||||||||
| EPS | 0.63 | 4.10 | 17.16 | 16.09 | 16.52 | 23.99 | 17.17 | 24.95 | 31.71 | |||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 10.00 | 2.00 | 6.00 | 7.00 | 6.00 | |||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.61 | 0.08 | 0.35 | 0.28 | 0.19 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
IndustrialsConstruction & Engineering
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Techno Electric & Engineering Company Ltd | 70.05 | 8.69 | 0.40% |
| Larsen and Toubro Ltd | 38.54 | 4.91 | 0.93% |
| GMR Airports Ltd | -151.59 | -99.59 | — |
| IRB Infrastructure Developers Ltd | 51.28 | 2.26 | 0.58% |
Price Comparison
Compare TECHNOE with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 4.59%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 5.42%
Shareholding Pattern
Mar 2024
Jun 2024
Jul 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.5926% | Percentage of the fund’s portfolio invested in the stock 0.71% | Change in the portfolio weight of the stock over the last 3 months -0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 121/301 (-1) |
Kotak Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.9742% | Percentage of the fund’s portfolio invested in the stock 3.12% | Change in the portfolio weight of the stock over the last 3 months -0.19% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 3/82 (0) |
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.0887% | Percentage of the fund’s portfolio invested in the stock 2.40% | Change in the portfolio weight of the stock over the last 3 months -0.86% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 9/84 (-7) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
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
Dividend/Share
₹7.00
Ex DateEx Date
Sep 13, 2024
Cash Dividend
Ex DateEx DateSep 15, 2023
Dividend/Share
₹6.00
Ex DateEx Date
Sep 15, 2023
Cash Dividend
Ex DateEx DateSep 15, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Sep 15, 2022
Cash Dividend
Ex DateEx DateSep 20, 2021
Dividend/Share
₹4.00
Ex DateEx Date
Sep 20, 2021
Cash Dividend
Ex DateEx DateFeb 24, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Feb 24, 2021
Techno Electric & Engg. Company will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
Techno Electric & Engg. Company will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
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
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
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
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
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
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
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
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
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 9.07%, vs industry avg of 8.83%
Constant Market Share
Over the last 5 years, market share stayed at 0.35%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 6.78%, vs industry avg of 27.61%