Techno Electric & Engineering Company Ltd
Techno Electric & Engineering Company Ltd (TEECL) is engaged in providing Engineering, Procurement and Construction (EPC), asset ownership and operations and maintenance services in the power infrastructure industry. [1]
- Market Cap ₹ 11,753 Cr.
- Current Price ₹ 1,010
- High / Low ₹ 1,392 / 870
- Stock P/E 27.3
- Book Value ₹ 357
- Dividend Yield 0.69 %
- ROCE 14.9 %
- ROE 12.0 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 26.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 23.3%
Cons
- Company has a low return on equity of 12.5% over last 3 years.
- Promoter holding has decreased over last 3 years: -4.59%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 120 | 1,283 | 986 | 871 | 884 | 999 | 830 | 1,502 | 2,269 | 3,252 | 3,356 | |
| 10 | 988 | 736 | 654 | 668 | 840 | 742 | 1,292 | 1,929 | 2,789 | 2,887 | |
| Operating Profit | 110 | 295 | 250 | 217 | 216 | 159 | 87 | 210 | 339 | 462 | 469 |
| OPM % | 91% | 23% | 25% | 25% | 24% | 16% | 11% | 14% | 15% | 14% | 14% |
| 19 | 42 | 73 | 48 | 67 | 175 | 165 | 134 | 205 | 175 | 130 | |
| Interest | 21 | 25 | 13 | 7 | 9 | 7 | 11 | 17 | 11 | 20 | 21 |
| Depreciation | 37 | 42 | 42 | 42 | 41 | 7 | 8 | 8 | 8 | 17 | 21 |
| Profit before tax | 70 | 271 | 268 | 216 | 232 | 319 | 233 | 319 | 525 | 600 | 557 |
| Tax % | 20% | 24% | 28% | 17% | 22% | 19% | 20% | 16% | 20% | 21% | |
| 56 | 206 | 193 | 179 | 182 | 264 | 187 | 268 | 423 | 474 | 431 | |
| EPS in Rs | 0.63 | 2.31 | 17.16 | 16.28 | 16.53 | 23.99 | 17.36 | 24.95 | 36.37 | 40.75 | 37.06 |
| Dividend Payout % | -0% | -0% | -0% | -0% | 61% | 8% | 35% | 28% | 25% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 58% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 36% |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 26% |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 13% |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 178 | 23 | 23 | 22 | 22 | 22 | 22 | 22 | 23 | 23 |
| Reserves | 484 | 1,209 | 1,404 | 1,474 | 1,594 | 1,815 | 1,909 | 2,142 | 3,716 | 4,134 |
| 273 | 67 | 44 | -0 | 40 | -0 | -0 | -0 | 39 | 72 | |
| 32 | 621 | 547 | 583 | 546 | 679 | 839 | 658 | 1,265 | 1,692 | |
| Total Liabilities | 967 | 1,920 | 2,017 | 2,079 | 2,203 | 2,516 | 2,769 | 2,821 | 5,044 | 5,921 |
| 616 | 585 | 546 | 508 | 467 | 459 | 81 | 76 | 70 | 510 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | 95 | 276 | 442 | 72 |
| Investments | 209 | 450 | 581 | 691 | 714 | 1,049 | 1,305 | 1,142 | 2,836 | 2,258 |
| 141 | 885 | 891 | 881 | 1,022 | 1,008 | 1,288 | 1,327 | 1,696 | 3,082 | |
| Total Assets | 967 | 1,920 | 2,017 | 2,079 | 2,203 | 2,516 | 2,769 | 2,821 | 5,044 | 5,921 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 160 | 212 | 198 | 112 | 125 | 259 | 93 | -198 | 453 | -590 | |
| -158 | 142 | -171 | 38 | -54 | -224 | 13 | 269 | -1,630 | 703 | |
| -55 | -326 | -16 | -161 | -34 | -64 | -103 | -85 | 1,175 | -92 | |
| Net Cash Flow | -54 | 28 | 10 | -11 | 37 | -28 | 3 | -14 | -2 | 21 |
| Free Cash Flow | 116 | 211 | 195 | 111 | 125 | 226 | 28 | -379 | 285 | -657 |
| CFO/OP | 150% | 91% | 106% | 79% | 74% | 205% | 235% | -60% | 158% | -97% |
Ratios
Consolidated / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 230 | 216 | 202 | 240 | 219 | 213 | 282 | 180 | 108 | 137 |
| Inventory Days | 3 | 13 | 59 | 8 | -0 | -0 | ||||
| Days Payable | 185 | 205 | 303 | 173 | ||||||
| Cash Conversion Cycle | 230 | 34 | 202 | 240 | 219 | 22 | 38 | 15 | 108 | 137 |
| Working Capital Days | 161 | 88 | 151 | 159 | 189 | 188 | 239 | 143 | 91 | 183 |
| ROCE % | 26% | 20% | 13% | 12% | 18% | 8% | 17% | 17% | 15% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Wind / Renewable Energy Capacity Owned MW |
|
|||||||||
| Total Order Book (Unexecuted) INR Mn |
||||||||||
| Transmission Segment Order Book INR Mn |
||||||||||
| Smart Meters Awarded (Cumulative Contracts) Million units |
||||||||||
| Data Center IT Load - Pipeline (Planned Hyperscale) MW |
||||||||||
| Smart Meter (DBFOT/TOTEX) Order Book INR Mn |
||||||||||
| Smart Meters Installed/Deployed (Cumulative) Million units |
||||||||||
Extracted by Screener AI
Documents
Announcements
- Closure of Trading Window
-
Announcement under Regulation 30 (LODR)-Credit Rating
- ICRA reaffirmed Techno Electric’s AA/Stable and A1+ ratings for ₹3,282 crore facilities.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Shareholders appointed Aninda Chatterjee as Independent Director for five years, effective September 23, 2026.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
- Announcement under Regulation 30 (LODR)-Newspaper Publication
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
Concalls
-
Aug 2026Transcript REC
-
Aug 2026REC
-
May 2026REC
-
Mar 2026PPT
-
Feb 2026Transcript PPT REC
-
Nov 2025Transcript PPT REC
-
Aug 2025Transcript PPT REC
-
Jun 2025Transcript PPT REC
-
Feb 2025Transcript PPT REC
-
Nov 2024Transcript PPT REC
-
Aug 2024Transcript PPT REC
-
May 2024Transcript PPT REC
-
Feb 2024Transcript PPT
-
Nov 2023Transcript
-
Aug 2023Transcript PPT
-
Jun 2023PPT
-
Jun 2023Transcript PPT
-
Jun 2023PPT
-
Feb 2023Transcript
-
Nov 2022Transcript
-
Oct 2022PPT
-
Aug 2022Transcript
-
Jul 2022PPT
-
May 2022Transcript
-
Feb 2022Transcript PPT
-
Nov 2021Transcript
-
Aug 2021Transcript
-
Jun 2021Transcript
-
Feb 2021Transcript
-
Nov 2020Transcript
-
Aug 2020Transcript
-
Jun 2020Transcript
-
Feb 2020Transcript
-
Nov 2019Transcript
-
Aug 2019Transcript
-
May 2019Transcript
-
Feb 2019Transcript
EPC Business
The company delivers EPC solutions across transmission, smart metering, and FGD projects and smart metering, executing projects across 17 locations in India. In FY25, EPC contributed 99% of total revenue. EPC revenue has grown 125% in FY25 compared to FY23. [1] [2] [3]