Techera Engineering India Ltd

Techera Engineering India Ltd

₹ 142 -4.91%
05 Jun - close price
About

Incorporated in 2018, Techera Engineering (India) Limited designs, manufactures and supplies precise tooling and components for the aerospace and defense industries.[1]

Key Points

Business Profile[1] TechEra Engineering (India) Limited provides precision tooling, components, and automation solutions for the aerospace and defense sectors.

  • Market Cap 235 Cr.
  • Current Price 142
  • High / Low 326 / 142
  • Stock P/E 105
  • Book Value 31.9
  • Dividend Yield 0.00 %
  • ROCE 7.59 %
  • ROE 4.40 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 4.46 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -2.73%
  • Promoter holding is low: 36.9%
  • Company has a low return on equity of 9.01% over last 3 years.
  • Company has high debtors of 178 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
14.38 24.43 17.57 31.93 24.30 24.20
14.97 16.95 17.19 23.78 19.54 20.50
Operating Profit -0.59 7.48 0.38 8.15 4.76 3.70
OPM % -4.10% 30.62% 2.16% 25.52% 19.59% 15.29%
0.04 0.16 0.08 0.16 0.11 1.29
Interest 0.79 0.92 0.92 1.05 1.28 1.69
Depreciation 0.88 1.04 0.92 1.42 1.19 1.67
Profit before tax -2.22 5.68 -1.38 5.84 2.40 1.63
Tax % -0.45% 11.27% -11.59% 26.03% 42.50% -4.29%
-2.21 5.03 -1.23 4.33 1.39 1.69
EPS in Rs -12.21 4.14 -0.74 2.62 0.84 1.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
8.28 7.18 26.43 38.81 49.50 48.50
6.81 10.90 22.31 31.93 40.88 40.07
Operating Profit 1.47 -3.72 4.12 6.88 8.62 8.43
OPM % 17.75% -51.81% 15.59% 17.73% 17.41% 17.38%
0.24 0.16 0.15 0.21 0.22 1.40
Interest 0.59 0.80 1.09 1.71 1.97 2.94
Depreciation 1.12 1.91 1.83 1.93 2.34 2.86
Profit before tax 0.00 -6.27 1.35 3.45 4.53 4.03
Tax % 0.32% 2.96% 18.26% 30.24% 23.57%
-0.01 -6.29 1.31 2.82 3.17 3.08
EPS in Rs -0.10 -34.74 7.23 2.32 1.92 1.86
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 42%
3 Years: 22%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: 196%
3 Years: 19%
TTM: -29%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -22%
Return on Equity
10 Years: %
5 Years: %
3 Years: 9%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 1.00 1.81 1.81 12.14 16.52 16.52
Reserves 1.21 -4.02 -2.72 3.90 33.11 36.19
9.12 20.86 25.77 14.35 20.37 32.21
3.81 2.71 14.36 6.89 10.90 16.72
Total Liabilities 15.14 21.36 39.22 37.28 80.90 101.64
5.61 8.00 8.57 8.73 23.24 44.06
CWIP 3.06 0.21 2.33 2.66 9.19 1.07
Investments 0.00 0.00 0.00 0.83 2.17 0.01
6.47 13.15 28.32 25.06 46.30 56.50
Total Assets 15.14 21.36 39.22 37.28 80.90 101.64

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1.26 -6.95 -1.18 3.24 4.46 5.87
-6.95 -2.12 -6.63 -3.11 -38.05 -17.24
5.55 12.83 3.95 -1.17 34.47 8.91
Net Cash Flow -0.14 3.75 -3.86 -1.03 0.88 -2.46
Free Cash Flow -5.67 -8.51 -5.72 0.81 -32.42 -14.87
CFO/OP 86% 187% -29% 58% 69% 69%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 96.54 119.46 266.26 162.42 103.90 178.21
Inventory Days 1,072.74 225.70 98.59 53.01 119.89 406.40
Days Payable 1,032.68 194.38 304.07 92.64 102.02 197.21
Cash Conversion Cycle 136.60 150.78 60.77 122.79 121.76 387.40
Working Capital Days -89.49 6.10 35.77 70.07 56.19 93.24
ROCE % -36.29% 11.26% 18.68% 12.97% 7.59%

Insights

In beta
Mar 2024 Mar 2025
Manufacturing Facility Area
Sq. Ft.

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Number of Manufacturing Plants
Count
Order Book
₹ Crore
Revenue Mix - Aerospace & Defence
%
Revenue Mix - Export
%
Capacity Utilization
%
Number of Employees
Count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

7 Recently
Sep 2024Mar 2025Sep 2025Dec 2025Mar 2026
42.25% 42.25% 42.25% 39.62% 36.89%
3.89% 0.04% 0.00% 0.22% 0.22%
15.76% 12.51% 1.56% 0.02% 0.02%
38.10% 45.20% 56.19% 60.14% 62.87%
No. of Shareholders 1,2378141,0881,7661,895

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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