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Techno Elec.Engg

  • Market Cap: Mid Cap
  • Industry: Capital Goods
  • ISIN: INE285K01026
  • NSEID: TECHNOE
  • BSEID: 542141
INR
987.70
68.2 (7.42%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 4.09 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

4.09 lacs (185.10%) Volume

Shareholding (Dec 2024)

FII

9.92%

Held by 127 FIIs

DII

24.04%

Held by 26 DIIs

Promoter

56.92%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 14.79% and Operating profit at 5.12% over the last 5 years

 
2

Stock is technically in a Bearish range

3

With ROE of 9.4, it has a Very Expensive valuation with a 3.1 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Capital Goods

stock-summary
Market cap

INR 11,487 Cr (Mid Cap)

stock-summary
P/E

32.00

stock-summary
Industry P/E

33

stock-summary
Dividend Yield

0.76%

stock-summary
Debt Equity

-0.81

stock-summary
Return on Equity

9.38%

stock-summary
Price to Book

3.05

Revenue and Profits (1 Year):
Net Sales:
636 Cr
(Quarterly Results - Dec 2024)
Net Profit:
96 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.76%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-42.48%
0%
-42.48%
1 Year
19.64%
0.68%
20.32%
2 Years
189.95%
3.38%
193.33%
3 Years
254.84%
5.83%
260.67%
4 Years
216.47%
6.05%
222.52%
5 Years
344.61%
13.12%
357.73%

Latest dividend: 7 per share ex-dividend date: Sep-13-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
14.79%
EBIT Growth (5y)
5.12%
EBIT to Interest (avg)
19.41
Debt to EBITDA (avg)
0.21
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.56
Tax Ratio
16.77%
Dividend Payout Ratio
28.06%
Pledged Shares
0
Institutional Holding
33.96%
ROCE (avg)
21.56%
ROE (avg)
10.11%
Valuation key factors
Factor
Value
P/E Ratio
32
Industry P/E
33
Price to Book Value
3.05
EV to EBIT
30.42
EV to EBITDA
29.48
EV to Capital Employed
11.59
EV to Sales
4.16
PEG Ratio
1.27
Dividend Yield
0.76%
ROCE (Latest)
33.18%
ROE (Latest)
9.38%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 21 Schemes (22.23%)

FIIs

Held by 127 FIIs (9.92%)

Promoter with highest holding

Varanasi Commercial Ltd. (21.16%)

Highest Public shareholder

Hdfc Mutual Fund - Hdfc Business Cycle F (5.96%)

Individual Investors Holdings

7.35%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 94.79% vs 76.26% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 4.47% vs 192.52% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "636.08",
          "val2": "326.54",
          "chgp": "94.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "90.00",
          "val2": "56.33",
          "chgp": "59.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.75",
          "val2": "3.95",
          "chgp": "-30.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "95.99",
          "val2": "91.88",
          "chgp": "4.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.15%",
          "val2": "17.25%",
          "chgp": "-3.10%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 10.94% vs 122.24% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 94.17% vs 4.96% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "816.79",
          "val2": "736.22",
          "chgp": "10.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "122.55",
          "val2": "98.67",
          "chgp": "24.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.18",
          "val2": "8.21",
          "chgp": "-49.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "44.83",
          "val2": "-2.57",
          "chgp": "1,844.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "192.31",
          "val2": "99.04",
          "chgp": "94.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.00%",
          "val2": "13.40%",
          "chgp": "1.60%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 36.71% vs 105.75% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 51.01% vs 51.80% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,452.87",
          "val2": "1,062.76",
          "chgp": "36.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "212.55",
          "val2": "155.00",
          "chgp": "37.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.93",
          "val2": "12.16",
          "chgp": "-43.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "44.83",
          "val2": "-2.57",
          "chgp": "1,844.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "288.30",
          "val2": "190.92",
          "chgp": "51.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.63%",
          "val2": "14.58%",
          "chgp": "0.05%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 81.12% vs -16.98% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 43.67% vs -27.18% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,502.38",
          "val2": "829.50",
          "chgp": "81.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "209.41",
          "val2": "86.67",
          "chgp": "141.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "16.43",
          "val2": "10.66",
          "chgp": "54.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-2.57",
          "val2": "90.25",
          "chgp": "-102.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "268.46",
          "val2": "186.86",
          "chgp": "43.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.94%",
          "val2": "10.45%",
          "chgp": "3.49%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
636.08
326.54
94.79%
Operating Profit (PBDIT) excl Other Income
90.00
56.33
59.77%
Interest
2.75
3.95
-30.38%
Exceptional Items
0.00
0.00
Consolidate Net Profit
95.99
91.88
4.47%
Operating Profit Margin (Excl OI)
14.15%
17.25%
-3.10%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 94.79% vs 76.26% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 4.47% vs 192.52% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
816.79
736.22
10.94%
Operating Profit (PBDIT) excl Other Income
122.55
98.67
24.20%
Interest
4.18
8.21
-49.09%
Exceptional Items
44.83
-2.57
1,844.36%
Consolidate Net Profit
192.31
99.04
94.17%
Operating Profit Margin (Excl OI)
15.00%
13.40%
1.60%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 10.94% vs 122.24% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 94.17% vs 4.96% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,452.87
1,062.76
36.71%
Operating Profit (PBDIT) excl Other Income
212.55
155.00
37.13%
Interest
6.93
12.16
-43.01%
Exceptional Items
44.83
-2.57
1,844.36%
Consolidate Net Profit
288.30
190.92
51.01%
Operating Profit Margin (Excl OI)
14.63%
14.58%
0.05%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 36.71% vs 105.75% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 51.01% vs 51.80% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,502.38
829.50
81.12%
Operating Profit (PBDIT) excl Other Income
209.41
86.67
141.62%
Interest
16.43
10.66
54.13%
Exceptional Items
-2.57
90.25
-102.85%
Consolidate Net Profit
268.46
186.86
43.67%
Operating Profit Margin (Excl OI)
13.94%
10.45%
3.49%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 81.12% vs -16.98% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 43.67% vs -27.18% in Mar 2023

stock-summaryCompany CV
About Techno Electric & Engineering Company Ltd stock-summary
stock-summary
Techno Electric & Engineering Company Ltd
Mid Cap
Capital Goods
Techno Electric & Engineering Company Limited (Formerly Simran Wind Project Limited) was incorporated as a Public Limited Company in October 26, 2005. The Company name was thereafter changed from Simran Wind Project Limited to Techno Electric & Engineering Company Limited effective from August 3, 2010. Techno Electric & Engineering Company Limited is a recognised company in the power sector.
Company Coordinates stock-summary
Company Details
C-218 Ground Floor (GR-2), Sector-63 Noida Uttar Pradesh : 201307
stock-summary
Tel: 91-0120-2466030
stock-summary
desk.investors@techno.co.in
Registrar Details
Niche Technologies Pvt Ltd , D-511, Bagree Market 5th Floor, 71 B R B B Road , Kolkata