Techno Electric & Engineering Company Ltd

About [ edit ]

Techno Electric & Engineering Company Ltd. (TEECL) is one of India’s most important power-infrastructure companies. We are at the top of Engineering, Procurement and Construction (EPC), asset ownership and operations and maintenance services in the three industry segments of generation, transmission and distribution.

  • Market Cap 3,167 Cr.
  • Current Price 291
  • High / Low 327 / 170
  • Stock P/E 16.6
  • Book Value 146
  • Dividend Yield 2.06 %
  • ROCE 15.1 %
  • ROE 12.3 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 44.90% CAGR over last 5 years

Cons

  • Earnings include an other income of Rs.83.98 Cr.
  • Company has high debtors of 240.47 days.
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
326 302 229 269 188 237 264 261 114 170 257 248
284 204 160 221 154 169 166 218 108 125 182 170
Operating Profit 42 98 69 48 34 69 98 43 6 44 75 78
OPM % 13% 32% 30% 18% 18% 29% 37% 16% 6% 26% 29% 31%
Other Income 13 11 12 14 22 13 11 12 9 13 51 11
Interest 5 4 4 1 3 1 2 2 1 1 2 3
Depreciation 11 10 10 10 10 10 10 10 10 10 10 10
Profit before tax 39 95 66 50 42 70 97 43 4 46 114 76
Tax % 32% 30% 19% 39% 27% 27% 7% 25% 18% 25% 15% 25%
Net Profit 27 67 54 31 31 51 90 32 3 34 96 57
EPS in Rs 0.30 0.75 4.76 2.72 2.74 4.66 8.20 2.91 0.29 3.13 8.76 5.15
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
102 64 120 1,283 986 871 788
3 2 10 987 736 654 585
Operating Profit 99 62 110 295 250 217 204
OPM % 97% 96% 92% 23% 25% 25% 26%
Other Income 10 60 19 37 59 45 84
Interest 26 23 21 25 13 7 7
Depreciation 47 36 37 42 42 42 41
Profit before tax 35 63 70 265 254 214 240
Tax % -0% 43% 20% 24% 29% 17%
Net Profit 35 36 56 200 182 177 191
EPS in Rs 0.42 0.43 0.63 2.25 16.12 16.06 17.33
Dividend Payout % 64% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years:%
5 Years:54%
3 Years:93%
TTM:-17%
Compounded Profit Growth
10 Years:%
5 Years:45%
3 Years:47%
TTM:-7%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:-3%
Return on Equity
10 Years:%
5 Years:13%
3 Years:15%
Last Year:12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
166 166 178 23 23 22 22
Reserves 414 408 484 1,200 1,382 1,450 1,582
Borrowings 389 341 273 67 44 -0 46
34 48 32 621 547 583 560
Total Liabilities 1,004 963 967 1,911 1,996 2,055 2,210
812 616 616 585 545 506 485
CWIP -0 -0 -0 -0 -0 -0 -0
Investments 77 79 210 442 561 668 793
115 268 141 885 890 881 931
Total Assets 1,004 963 967 1,911 1,996 2,055 2,210

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
56 -56 160 212 199 112
56 232 -158 142 -173 38
-113 -118 -55 -326 -16 -161
Net Cash Flow -1 58 -54 28 10 -11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 3% 10% 26% 20% 15%
Debtor Days 126 233 230 216 202 240
Inventory Turnover -1.28 -0.63 1.15

Shareholding Pattern

Numbers in percentages

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
58.75 58.75 60.18 60.18 60.18 60.18 60.18 60.18 60.18
1.27 1.22 1.14 1.13 1.11 1.11 1.11 1.08 1.00
23.20 23.57 23.70 27.63 28.21 28.85 28.74 27.99 27.69
16.78 16.46 14.98 11.05 10.50 9.86 9.97 10.74 11.12

Documents

Add document