Price
Financials
Consolidated, Rs crore| Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 201 | 253 | 317 | 326 | 271 | 368 | 356 | 362 | 412 | 254 | 302 | 326 |
| Expenses | 154 | 170 | 276 | 274 | 200 | 256 | 281 | 308 | 311 | 177 | 228 | 284 |
| Operating Profit | 48 | 83 | 40 | 52 | 71 | 112 | 75 | 54 | 102 | 77 | 74 | 42 |
| OPM % | 24% | 33% | 13% | 16% | 26% | 30% | 21% | 15% | 25% | 30% | 24% | 13% |
| Other Income | 29 | 6 | 16 | 10 | 8 | 6 | 5 | 30 | 11 | 11 | 2 | 13 |
| Interest | 11 | 10 | 12 | 11 | 9 | 13 | 8 | 8 | 9 | 6 | 4 | 5 |
| Depreciation | 12 | 12 | 12 | 14 | 13 | 13 | 13 | 11 | 11 | 11 | 11 | 11 |
| Profit before tax | 54 | 67 | 33 | 36 | 56 | 92 | 59 | 66 | 94 | 71 | 61 | 39 |
| Tax % | 29% | 37% | 14% | 73% | 15% | 22% | 31% | 55% | 26% | 15% | 28% | 32% |
| Net Profit | 38 | 45 | 30 | 8 | 48 | 71 | 41 | 33 | 69 | 60 | 43 | 33 |
| EPS in Rs | 3.31 | 3.90 | 2.59 | 0.71 | 4.20 | 6.18 | 3.58 | 2.91 | 6.12 | 5.33 | 3.85 | 2.96 |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 691 | 708 | 805 | 692 | 695 | 783 | 1,078 | 1,330 | 1,294 |
| Expenses | 551 | 543 | 582 | 453 | 497 | 571 | 856 | 1,016 | 1,000 |
| Operating Profit | 141 | 165 | 224 | 239 | 198 | 212 | 222 | 314 | 294 |
| OPM % | 20% | 23% | 28% | 34% | 28% | 27% | 21% | 24% | 23% |
| Other Income | 57 | 32 | 22 | 21 | 12 | 20 | 65 | 52 | 37 |
| Interest | 26 | 28 | 45 | 56 | 51 | 47 | 46 | 38 | 24 |
| Depreciation | 30 | 31 | 56 | 65 | 67 | 60 | 49 | 51 | 42 |
| Profit before tax | 141 | 138 | 145 | 138 | 92 | 125 | 192 | 276 | 265 |
| Tax % | 16% | 18% | 16% | 11% | 4% | 15% | 38% | 30% | |
| Net Profit | 118 | 113 | 122 | 122 | 89 | 106 | 120 | 193 | 206 |
| EPS in Rs | 9.88 | 10.59 | 10.54 | 7.66 | 9.20 | 10.51 | 16.88 | 18.26 | |
| Dividend Payout % | 10% | 10% | 14% | 14% | 20% | 22% | 24% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 11% | 24% | -5% | ||
| Compounded Profit Growth | % | 7% | 25% | 7% | ||
| Stock Price CAGR | -1% | % | % | % | ||
| Return on Equity | % | 13% | 12% | 17% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 23 |
| Reserves | 451 | 551 | 658 | 759 | 826 | 903 | 916 | 1,084 |
| Borrowings | 247 | 290 | 623 | 668 | 608 | 565 | 512 | 303 |
| Other Liabilities | 223 | 478 | 298 | 256 | 205 | 202 | 415 | 497 |
| Total Liabilities | 932 | 1,330 | 1,591 | 1,693 | 1,650 | 1,681 | 1,855 | 1,906 |
| Fixed Assets | 553 | 613 | 1,150 | 1,103 | 1,069 | 1,021 | 824 | 649 |
| CWIP | 0 | 248 | 1 | 1 | 4 | 4 | 0 | 0 |
| Investments | 50 | 39 | 53 | 65 | 187 | 135 | 156 | 466 |
| Other Assets | 329 | 430 | 387 | 525 | 390 | 522 | 875 | 792 |
| Total Assets | 932 | 1,330 | 1,591 | 1,693 | 1,650 | 1,681 | 1,855 | 1,906 |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -136 | 139 | 100 | 103 | 261 | 44 | 33 | 389 |
| Cash from Investing Activity | -49 | -135 | -396 | -6 | -113 | 66 | 198 | -185 |
| Cash from Financing Activity | 159 | 6 | 288 | -43 | -171 | -133 | -145 | -213 |
| Net Cash Flow | -27 | 10 | -7 | 54 | -24 | -23 | 85 | -9 |
| Free Cash Flow | -130 | -82 | -303 | 83 | 255 | 43 | 225 | 533 |
| CFO/OP | -76% | 100% | 58% | 54% | 138% | 32% | 28% | 146% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27 | 87 | 113 | 161 | 108 | 161 | 168 | 154 |
| Inventory Days | 5 | 7 | 2 | 2 | 10 | 5 | 18 | 0 |
| Days Payable | 49 | 245 | 102 | 104 | 91 | 99 | 134 | 133 |
| Cash Conversion Cycle | -17 | -152 | 13 | 59 | 27 | 66 | 51 | 20 |
| Working Capital Days | 49 | -21 | 84 | 147 | 94 | 139 | 148 | 84 |
| ROCE % | 21% | 17% | 14% | 10% | 11% | 12% | 20% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Promoters | 57.98% | 57.98% | 57.98% | 57.98% | 58.75% | 58.75% | 58.75% | 58.75% | 58.75% |
| FIIs | 7.89% | 9.34% | 8.41% | 5.29% | 4.88% | 4.59% | 4.14% | 1.53% | 1.47% |
| DIIs | 17.97% | 16.53% | 15.27% | 17.91% | 17.84% | 17.52% | 18.13% | 22.26% | 22.61% |
| Public | 16.16% | 16.16% | 18.34% | 18.82% | 18.53% | 19.14% | 18.98% | 17.46% | 17.17% |
| No. of Shareholders | 3,864 | 5,774 | 12,108 | 13,266 | 12,963 | 14,082 | 13,289 | 13,712 | 13,020 |
Fundamentals
Market Cap₹ 2,971 Cr.
Current Price₹ 264
Stock P/E14.4
Book Value₹ 111
ROCE19.7 %
ROE16.6 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-5%
Compounded Profit Growth (TTM)7%
Consolidated figures.
Valuation
Market capRs 1,505 Cr
Enterprise valueRs 2,046 Cr
P/E (TTM)7.31x
Price to book1.65x
Price to sales1.16x
EV / EBITDA6.18x
EV / EBIT7.09x
EV / sales1.58x
Price to cash flow34.34x
Earnings yield13.68%
Dividend yield1.52%
P/E, 3-year average5.96x
P/B, 3-year average0.72x
P/E, 5-year average5.70x
P/B, 5-year average0.84x
Profitability
Operating margin (excl. other income)27.11%
Operating margin (incl. other income)29.69%
EBITDA margin25.58%
Pre-tax margin20.48%
Net profit margin15.91%
Net margin, latest quarter10.23%
ROE12.00%
ROCE11.78%
ROA6.31%
ROE, 3-year average13.20%
ROCE, 3-year average11.96%
ROA, 3-year average6.29%
ROE, 5-year average16.25%
ROCE, 5-year average14.98%
ROA, 5-year average7.42%
ROIC (approx.)16.90%
Tax rate14.85%
Other income / net worth2.21%
Growth
Sales growth (latest year)12.67%
Profit growth (latest year)20.11%
Sales CAGR, 3 years-0.94%
Sales CAGR, 5 years2.52%
Profit CAGR, 3 years-4.56%
Profit CAGR, 5 years-2.35%
Sales growth QoQ8.26%
Profit growth QoQ-23.14%
Sales growth YoY (latest quarter)-9.82%
Profit growth YoY (latest quarter)0.42%
Per share
EPS (TTM)Rs 36.07
EPS (latest year)Rs 18.41
EPS (latest quarter)Rs 5.85
EPS, 3-year averageRs 18.27
EPS, 5-year averageRs 19.15
Book value per shareRs 160.22
Sales per shareRs 226.72
Cash flow per shareRs 7.68
Free cash flow per shareRs 93.36
Dividend per share (latest year)Rs 4.00
Dividend per share, 3-year averageRs 3.33
Dividend per share, 5-year averageRs 3.00
Dividends
Dividend payout21.74%
Dividend payout, 3-year average18.52%
Dividend payout, 5-year average15.97%
Efficiency
Asset turnover0.47x
Fixed asset turnover0.77x
Inventory turnover81.11x
Inventory days4 days
Debtor days161 days
Debtors turnover2.27x
Creditor days133 days
Cash conversion cycle20 days
Working capital days84 days
Leverage
Total debtRs 565 Cr
Cash and bankRs 25 Cr
Net debtRs 540 Cr
Debt to equity0.62x
Net debt / EBITDA1.63x
Interest coverage12.26x
Owners' fund to total sources54.40%
Debt to assets33.60%
Cash flow
Cash from Operating Activity (latest year)Rs 44 Cr
Cash from Investing Activity (latest year)Rs 66 Cr
Cash from Financing Activity (latest year)Rs -133 Cr
Net Cash Flow (latest year)Rs -23 Cr
Free cash flow (latest year)Rs 533 Cr
FCFE (approx.: FCF + change in debt)Rs 490 Cr
Cash from ops / profit, 5 years1.32x
Sales to cash flow17.86x
Statement figures
Net sales (TTM)Rs 1,294 Cr
Net sales (latest year)Rs 783 Cr
Sales (latest quarter)Rs 326 Cr
Operating profit excl. other income (latest year)Rs 212 Cr
Operating profit (latest quarter)Rs 42 Cr
Other income (TTM)Rs 37 Cr
EBITDA (TTM)Rs 331 Cr
PBDT (TTM)Rs 308 Cr
Profit before tax (TTM)Rs 265 Cr
Tax (latest year)Rs 19 Cr
Net profit (TTM)Rs 206 Cr
Net profit (latest year)Rs 105 Cr
Net profit (latest quarter)Rs 33 Cr
Depreciation (TTM)Rs 42 Cr
Depreciation (latest quarter)Rs 11 Cr
Interest (TTM)Rs 24 Cr
Cost of goods sold (latest year)Rs 509 Cr
Total expenditure (latest year)Rs 571 Cr
Total income (latest year)Rs 803 Cr
Share capitalRs 11 Cr
ReservesRs 903 Cr
Shareholders' fundsRs 915 Cr
Total assetsRs 1,681 Cr
Net blockRs 1,021 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 135 Cr
ReceivablesRs 345 Cr
InventoryRs 6 Cr
Other liabilitiesRs 202 Cr
Shares outstanding (crore)5.71
Ownership
Promoter holding58.75% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | TECHNO | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.4% | -2.8% | -4.6 pts |
| 1 month | +0.6% | -6.8% | +7.4 pts |
| 3 months | -20.6% | -7.6% | -13.0 pts |
| 6 months | -26.9% | +0.4% | -27.3 pts |
| 1 year | -28.5% | -9.9% | -18.5 pts |
| 2 years | -20.7% | -13.6% | -7.1 pts |
| 3 years | -1.8% | +14.2% | -15.9 pts |
| 5 years | +529.7% | +27.9% | +501.8 pts |
Red flags
F-score 6 of 8| explain | Receivables outrunning sales Receivables grew 67% vs sales +13% in 2017 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2018Sales ₹326 Cr -9.9% vs Mar 2017.
Net profit ₹33 Cr +0.0%.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2017-09-04 | Annual General Meeting | |
| 2017-03-02 | Buy Back | |
| 2016-09-06 | Bonus 1:1 | 0.5000 |
| 2016-07-28 | Annual General Meeting /Dividend - Rs 2/- Per Share | |
| 2016-02-17 | Interim Dividend - Rs 3/- Per Share | |
| 2015-07-30 | Annual General Meeting/Dividend - Rs 1.50/- Per Share | |
| 2014-09-16 | Interim Dividend Rs.2.50 Per Share (Purpose Revised) | |
| 2014-07-18 | Annual General Meeting / Final Dividend Re.0.50/- Per Share | |
| 2014-02-12 | Interim Dividend Rs.2.50/- Per Share (Purpose Revised) | |
| 2013-07-12 | Annual General Meeting/Dividend Rs 3/- Per Share | |
| 2012-07-23 | Annual General Meeting And Dividend Rs.3/- Per Share | |
| 2011-08-11 | Dividend-Rs.2/- Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Techno Electric & Engineering Company Ltd (Merged)?
Techno Electric & Engineering Company Ltd (Merged) (TECHNO) has a market capitalisation of Rs 2,971 Cr. at the 2018-08-07 close.
What is the P/E ratio of Techno Electric & Engineering Company Ltd (Merged)?
Techno Electric & Engineering Company Ltd (Merged) trades at a P/E of 14.4 on trailing twelve-month profit, at the 2018-08-07 close.
What were Techno Electric & Engineering Company Ltd (Merged)'s latest quarterly results?
In the Mar 2018 quarter, Techno Electric & Engineering Company Ltd (Merged) sales was Rs 326 Cr (-9.9% vs Mar 2017) and net profit was Rs 33 Cr.