Techno Electric & Engineering Company Limited
₹830.15-₹20.00 (-2.4%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹11,493 Cr
- P/E
- 25.0x
- EV / EBITDA
- 31.4x
- Revenue
- ₹2,402 Cr
- Net margin
- 16.1%
- ROCE
- 10.4%
Price chart
Technical chartScreen technicals →-38.2% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -17.5%
- 3M
- -14.1%
- 6M
- -35.3%
- 1Y
- -38.2%
- 5Y
- +214.3%
52-week range
Day change -₹20.00 (-2.4%) from ₹850 to ₹830 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in TECHNOE, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Maintains healthy dividend payout of 28.0%
Concerns1
- Negative free cash flow (₹1142 Cr)
Rule-based from financial data. Not advice.
About the company
Techno Electric & Engineering Company Limited provides engineering, procurement, and construction (EPC) services to the power generation, transmission, and distribution sectors in India. It offers operates gas insulated, hybrid, and EHV substations; and offers STATCOM installation services, as well as engages in flue gas desulphurization projects. The company also offers metering infrastructure and IT enabled services. In addition, it is involved in generation of wind power; agro business, and operating data centers. The company was incorporated in 1963 and is headquartered in Kolkata, India.
- Sector
- Industrials
- Shares outstanding
- 11.6 Cr shares
- ISIN
- INE285K01026
- BSE code
- 542141
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹11,493 Cr
- P/E
- 25.0x
- P/B
- 2.9x
- EV / EBITDA
- 31.4x
- EV / Sales
- 6.6x
- P/S
- 6.8x
- Earnings yield
- 4.0%
- 52-week high
- ₹1,356.40
- 52-week low
- ₹823.65
Profitability
- Operating margin
- 13.5%
- Net margin
- 16.1%
- EBITDA margin
- 21.2%
- ROE
- 12.3%
- ROCE
- 10.4%
- ROA
- 9.4%
- Dividend payout
- 28.0%
- Tax rate
- 19.0%
- Other income, % of PBT
- 38.9%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,402 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 42.9%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.1%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹356 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.4%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 58.5%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.8%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹337 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -1121.2%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹5.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 2.3%
Solvency and efficiency
- Current ratio
- 4.21
- Debt / Equity
- 0.00
- Debt / Assets
- 0.00
- Interest coverage
- 13.35
- Financial leverage
- 1.31
- CFO / Net profit
- -1.25
- Cash / Market cap
- 14.2%
- Cash per share
- ₹140.09
- Asset turnover
- 0.59
- Fixed asset turnover
- 38.20
- Capital intensity
- 0.03
- Debtor days
- 161 days
- Inventory turnover
- 52.14
- Cash conversion cycle
- 16 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹18 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,074 Cr |
| Sales | Operating profit | ₹328 Cr |
| Operating profit | Interest | ₹10 Cr |
| Operating profit | Depreciation | ₹8 Cr |
| Operating profit | Profit before tax | ₹310 Cr |
| Other income | Profit before tax | ₹220 Cr |
| Profit before tax | Tax and other | ₹103 Cr |
| Profit before tax | Net profit | ₹428 Cr |
Revenue and net profit
Revenue grew 42.9% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹884 Cr | ₹200 Cr |
| FY2022 | ₹999 Cr | ₹260 Cr |
| FY2023 | ₹967 Cr | ₹218 Cr |
| FY2024 | ₹1,681 Cr | ₹270 Cr |
| FY2025 | ₹2,402 Cr | ₹428 Cr |
Cash flows
FY2025: ₹837 Cr from operations, -₹1,142 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹126 Cr | ₹71 Cr |
| FY2022 | ₹260 Cr | ₹63 Cr |
| FY2023 | ₹33 Cr | ₹106 Cr |
| FY2024 | -₹337 Cr | ₹66 Cr |
| FY2025 | ₹837 Cr | -₹1,142 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,402 Cr+42.9%1Y
- Net profit
- ₹428 Cr+58.5%1Y
- Cash from operations
- ₹837 Cr
- Free cash flow
- -₹1,142 Cr-1,830.3%1Y
- Revenue CAGR, 5Y
- 14.1%
- EBITDA CAGR, 5Y
- 6.3%
- Net profit CAGR, 5Y
- 8.8%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,402 Cr | ₹328 Cr | — | ₹428 Cr | ₹837 Cr | -₹1,142 Cr | 11.4% | +42.9% | +58.5% |
Monthly returns
Month-by-month returns of TECHNOE across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹5,592 Cr |
| Equity capital | ₹23 Cr |
| Reserves | ₹3,744 Cr |
| Borrowings | ₹0 Cr |
| Other liabilities | ₹1,825 Cr |
| Assets | ₹5,592 Cr |
| Fixed assets | ₹39 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹3,043 Cr |
| Other assets | ₹2,509 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
TECHNOE trades at 25.0x earnings against a peer median of 38.3x (a 35% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Techno Electric & Engineering Company LimitedTECHNOEthis companyP/E ↓ discount | ₹11,493 Cr | 25.0x | 2.9x | 12.3% | 31.4x |
| Cemindia Projects LimitedCEMPRO | ₹11,749 Cr | 26.4x | 5.8x | — | — |
| Graphite India Ltd.GRAPHITE | ₹11,684 Cr | 38.7x | 2.1x | 16.3% | 9.8x |
| Finolex Cables Ltd.FINCABLES | ₹11,656 Cr | 19.4x | 2.4x | 13.6% | 14.3x |
| Sansera Engineering LimitedSANSERA | ₹11,327 Cr | 48.1x | 3.9x | 13.9% | 26.2x |
| Engineers India Ltd.ENGINERSIN | ₹10,896 Cr | 21.1x | 4.1x | 15.4% | 20.3x |
| RITES LimitedRITES | ₹10,883 Cr | 27.3x | 4.3x | 18.1% | 15.2x |
| Finolex Industries Ltd.FINPIPE | ₹10,798 Cr | 24.7x | 1.9x | 8.2% | 14.2x |
| TD Power Systems LtdTDPOWERSYS | ₹10,719 Cr | 58.9x | 11.6x | 17.7% | 55.3x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
TECHNOE since 1 January, against earlier years.
Historical volatility
TECHNOE's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 25.0% |
| FY2022 | 16.0% |
| FY2023 | 12.0% |
| FY2024 | 14.0% |
| FY2025 | 14.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,402 Cr |
| Costs | |
| Interest | ₹10 Cr |
| Expenses | ₹2,074 Cr |
| Operating profitOperating Profit | ₹328 Cr |
| Other income and charges | |
| Profit before tax | ₹531 Cr |
| Tax | |
| Net profitNet Profit | ₹428 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹5,592 Cr |
| Equity capitalEquity Capital | ₹23 Cr |
| Reserves | ₹3,744 Cr |
| Borrowings | ₹0 Cr |
| Other liabilitiesOther Liabilities | ₹1,825 Cr |
| AssetsTotal Assets | ₹5,592 Cr |
| Fixed assetsFixed Assets | ₹39 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹3,043 Cr |
| Other assetsOther Assets | ₹2,509 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹837 Cr |
| Investing cash flowCash from Investing Activity | -₹1,979 Cr |
| Financing cash flowCash from Financing Activity | ₹1,137 Cr |
| Change in cashNet Cash Flow | -₹5 Cr |
Learn while you research
Academy chapters picked for Techno Electric & Engineering Company Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Growth Investing43% revenue growth is in the top tier, learn how to value growth.7 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read