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Techno Electric &Eng share price

Techno Electric & Engineering Company Ltd.

NSE: TECHNOE BSE: 542141 SECTOR: Engineering - Construction  67k   250   23

1625.15
+83.15 (5.39%)
NSE: 20 Dec 04:02 PM

Price Summary

Today's High

₹ 1652.6

Today's Low

₹ 1528

52 Week High

₹ 1822

52 Week Low

₹ 607.2

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

18900.43 Cr.

Enterprise Value

18764.47 Cr.

No. of Shares

11.63 Cr.

P/E

64.52

P/B

5.35

Face Value

₹ 2

Div. Yield

0.43 %

Book Value (TTM)

₹  303.51

CASH

135.96 Cr.

DEBT

0 Cr.

Promoter Holding

56.92 %

EPS (TTM)

₹  25.19

Sales Growth

73.89%

ROE

13.12 %

ROCE

16.94%

Profit Growth

112.53 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year73.89%
3 Year23.9%
5 Year11.26%

Profit Growth

1 Year23.52%
3 Year10.4%
5 Year8.24%

ROE%

1 Year13.12%
3 Year11.26%
5 Year11.82%

ROCE %

1 Year16.94%
3 Year14.78%
5 Year15.23%

Debt/Equity

0

Price to Cash Flow

-56.01

Interest Cover Ratio

20.6691

CFO/PAT (5 Yr. Avg.)

0.189001367639352

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 56.92 0.00
Jun 2024 61.51 0.00
Mar 2024 61.51 0.00
Dec 2023 61.51 0.00
Sep 2023 61.52 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 23.9044159232022% for the Past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 20.6691.
  • Company’s PEG ratio is 0.573356998920819.
  • The company has an efficient Cash Conversion Cycle of 10.5998 days.
  • Company has a healthy liquidity position with current ratio of 4.6302.
  • The company has a high promoter holding of 56.92%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.8652536904803.

 Limitations

  • Company has negative cash flow from operations of -337.4202.
  • The company is trading at a high EV/EBITDA of 51.4093.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 486.46 365.66 482.68 413.74 500.18
Total Expenditure 410.84 320.71 423.83 357.21 430.58
Operating Profit 75.62 44.94 58.85 56.53 69.6
Other Income 28.31 41.64 30.87 23.21 38.74
Interest 3.98 3.95 4.26 2.15 2.03
Depreciation 1.86 1.9 1.9 1.84 1.93
Exceptional Items 0 0 0 0 0
Profit Before Tax 98.09 80.73 83.56 75.74 104.39
Tax 26.66 3.12 14.16 20.13 14.06
Profit After Tax 71.43 77.61 69.4 55.61 90.32
Adjusted EPS (Rs) 6.64 7.21 6.45 5.17 7.77

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 871.49 883.63 999.17 966.62 1680.87
Total Expenditure 654.04 665.97 840.19 847.54 1453.38
Operating Profit 217.44 217.66 158.97 119.08 227.49
Other Income 44.93 83.64 154.36 74.3 131.45
Interest 7.31 9.4 7.11 11.29 17
Depreciation 41.52 41.11 7.08 7.24 7.48
Exceptional Items 0 0 0 0 0
Profit Before Tax 213.55 250.78 299.15 174.85 334.46
Tax 36.85 50.33 59.64 46.73 62.15
Net Profit 176.69 200.45 260.34 218.37 269.74
Adjusted EPS (Rs.) 16.06 18.22 21.77 11.91 25.3

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 22 22 22 21.52 21.52
Total Reserves 1450.2 1588.64 1811.04 1936.48 2170.19
Borrowings 0 0 0 0 0
Other N/C liabilities 417.26 461.67 252.24 259.37 105.56
Current liabilities 422.3 430.54 490.83 579.35 564.9
Total Liabilities 2311.75 2502.85 2576.1 2796.72 2862.17
Assets
Net Block 505.98 464.92 425.67 49.15 44.19
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 150.05 103.4 31.48 61.74 162.29
Loans & Advances 287.45 351.78 36.87 10.77 33.61
Other N/C Assets 5.95 6.26 10.33 21.44 6.51
Current Assets 1362.32 1576.49 2071.75 2653.62 2615.58
Total Assets 2311.75 2502.85 2576.1 2796.72 2862.17
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 213.55 250.78 326.35 288.12 331
Adjustment 2.64 -32.14 -105.68 -107.3 -108.33
Changes in Assets & Liabilities -44.7 -59.13 104.48 -36.34 -487.8
Tax Paid -59.62 -33.83 -65.61 -111.93 -72.29
Operating Cash Flow 111.87 125.69 259.54 32.55 -337.42
Investing Cash Flow 37.54 -54.56 -197.41 73.33 403.29
Financing Cash Flow -160.59 -33.84 -90.39 -103.01 -80.99
Net Cash Flow -11.18 37.28 -28.25 2.87 -15.12

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 61.52 61.51 61.51 61.51 56.92
ankit saraiya 0.20 0.20 0.20 0.20 0.19
avantika gupta 0.07 0.07 0.07 0.07 0.06
checons limited 2.19 2.19 2.19 2.19 2.02
kusum industrial gases lt... 13.56 13.56 13.56 13.56 12.55
padam prakash gupta 0.01 0.01 0.01 0.01 0.01
pragya commerce private l... 1.33 1.33 1.33 1.33 1.23
raj prabha gupta 0.64 0.64 0.64 0.64 0.59
techno leasing and financ... 12.81 12.81 12.81 12.81 11.86
techno power projects ltd... 5.95 5.95 5.95 5.95 5.51
trimurti associates priva... 1.89 1.89 1.89 1.89 1.75
varanasi commercial ltd. 22.86 22.86 22.86 22.86 21.16
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 38.48 38.49 38.49 38.49 43.08
dsp india t.i.g.e.r. fund... 7.83 7.83 7.29 5.97 4.59
hdfc mutual fund - hdfc b... - - - - 5.74
hsbc aggressive hybrid fu... - - - - 2.39
investor education and pr... 0.09 0.09 0.09 - 0.08
kotak balanced advantage ... - - - - 5.45
franklin build india fund... 2.53 2.53 2.49 1.72 -
hdfc mutual fund - hdfc d... - 5.62 5.62 5.51 -
hsbc small cap fund 2.39 2.39 2.39 2.39 -
investor education and pr... - - - 0.09 -
kotak equity hybrid 4.52 4.72 4.72 4.05 -
quant mutual fund - quant... - - - 1.41 -
j.p. financial services p... 1.47 1.47 - - -
hdfc mutual fund - hdfc m... 5.47 - - - -

Ratings & Research Reports

Company Presentations

Company News

Techno Electric &Eng - Quaterly Results 12 Nov, 5:59 PM Techno Electric &Eng - Quaterly Results 12 Nov, 5:59 PM Techno Electric &Eng - Quaterly Results 12 Nov, 5:59 PM Techno Electric & Engineering Company informs about press release 2 Sep, 3:15 PM Techno Electric & Engineering wins prestigious contract from RailTel Corporation of India 2 Sep, 2:26 PM Techno Electric partners with Indigrid 17 Aug, 12:41 PM Techno Electric &Eng - Quaterly Results 13 Aug, 5:28 PM Techno Electric &Eng - Quaterly Results 13 Aug, 5:28 PM Techno Electric &Eng - Quaterly Results 13 Aug, 5:28 PM Techno Electric & Engineering Company informs about compliance certificate 15 Jul, 4:11 PM Techno Electric &Eng - Quaterly Results 28 May, 6:32 PM Techno Electric &Eng - Quaterly Results 28 May, 6:32 PM Techno Electric &Eng - Quaterly Results 28 May, 6:32 PM Techno Electric & Engineering Company informs about analyst meet 23 May, 5:16 PM Techno Electric & Engineering Company gets orders worth Rs 4063 crore 29 Apr, 3:27 PM Techno Electric &Eng - Quaterly Results 13 Feb, 6:27 PM Techno Electric &Eng - Quaterly Results 13 Feb, 6:27 PM Techno Electric & Engineering Company informs about receipt of order 1 Jan, 3:19 PM Techno Electric bags orders worth Rs 1750 crore 29 Dec, 10:38 AM Techno Electric & Engineering Company informs about receipt of order 29 Dec, 10:17 AM Techno Electric & Engineering Company informs about trading window closure 20 Dec, 3:07 PM Techno Electric & Engineering Company inks MoU with Keppel Data Centres 22 Nov, 3:40 PM Techno Electric &Eng - Quaterly Results 10 Nov, 3:04 PM Techno Electric &Eng - Quaterly Results 10 Nov, 3:04 PM Techno Electric & Engineering Company submits analyst meet intimation 4 Nov, 2:36 PM Techno Electric &Eng - Quaterly Results 14 Aug, 5:24 PM Techno Electric &Eng - Quaterly Results 14 Aug, 5:24 PM Techno Electric &Eng - Quaterly Results 14 Aug, 5:24 PM Techno Electric &Eng - Quaterly Results 29 May, 9:20 PM Techno Electric &Eng - Quaterly Results 29 May, 9:20 PM Techno Electric & Engineering Company informs about analyst meet 26 May, 1:15 PM Techno Electric &Eng - Quaterly Results 14 Feb, 6:03 PM Techno Electric &Eng - Quaterly Results 14 Feb, 6:03 PM Techno Electric sells wind power assets 9 Feb, 10:51 AM Techno Electric & Engineering Company informs about updates 12 Dec, 5:26 PM Techno Electric & Engineering Company informs about updates 9 Dec, 5:10 PM Techno Electric & Engineering Company bags order worth Rs 700 crore 28 Nov, 2:28 PM Techno Electric & Engineering Company informs about analyst presentation 19 Nov, 3:04 PM Techno Electric &Eng - Quaterly Results 14 Nov, 4:18 PM Techno Electric &Eng - Quaterly Results 14 Nov, 4:18 PM Techno Electric &Eng - Quaterly Results 14 Nov, 4:18 PM Techno Electric & Engineering Company bags order worth Rs 1,455 crore 17 Aug, 10:22 AM Techno Electric & Engineering Company secures order of Rs 679 crore for transmission 16 Aug, 3:39 PM Techno Electric &Eng - Quaterly Results 12 Aug, 5:34 PM Techno Electric &Eng - Quaterly Results 12 Aug, 5:34 PM Techno Electric & Engineering Company informs about compliances-certificate 13 Jul, 4:16 PM Techno Electric & Engineering Company informs about newspaper publication 17 Jun, 4:58 PM Techno Electric & Engineering Company informs about newspaper publication 31 May, 4:06 PM Techno Electric &Eng - Quaterly Results 30 May, 5:57 PM Techno Electric &Eng - Quaterly Results 30 May, 5:57 PM

Techno Electric &Eng Stock Price Analysis and Quick Research Report. Is Techno Electric &Eng an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Techno Electric &Eng has a PE ratio of 64.5200350956595 which is high and comparatively overvalued .

  • Share Price: - The current share price of Techno Electric &Eng is Rs 1625.15. One can use valuation calculators of ticker to know if Techno Electric &Eng share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Techno Electric &Eng has ROA of 9.624 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Techno Electric &Eng has a Current ratio of 4.6302 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Techno Electric &Eng has a ROE of 13.1241 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Techno Electric &Eng has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Techno Electric &Eng has an Inventory turnover ratio of 29.9275 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Techno Electric &Eng has reported revenue growth of 73.891 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Techno Electric &Eng for the current financial year is 13.5339484285255 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Techno Electric &Eng is Rs 7 and the yield is 0.4302 %.

 

Last Updated on:
Brief about Techno Electric &Eng
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