View ValuationTechno Electric & Engineering 将来の成長Future 基準チェック /46Techno Electric & Engineering利益と収益がそれぞれ年間24%と19.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に13.9% 24%なると予測されています。主要情報24.0%収益成長率24.00%EPS成長率Construction 収益成長17.2%収益成長率19.4%将来の株主資本利益率13.90%アナリストカバレッジLow最終更新日05 Jun 2026今後の成長に関する最新情報Price Target Changed • Jun 02Price target decreased by 10% to ₹1,495Down from ₹1,663, the current price target is an average from 4 analysts. New target price is 40% above last closing price of ₹1,066. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₹53.60 for next year compared to ₹38.58 last year.Price Target Changed • Feb 14Price target decreased by 12% to ₹1,502Down from ₹1,700, the current price target is an average from 3 analysts. New target price is 62% above last closing price of ₹927. Stock is up 11% over the past year. The company is forecast to post earnings per share of ₹30.65 for next year compared to ₹25.18 last year.Price Target Changed • Nov 15Price target increased by 16% to ₹479Up from ₹414, the current price target is an average from 4 analysts. New target price is 22% below last closing price of ₹611. Stock is up 113% over the past year. The company is forecast to post earnings per share of ₹18.60 for next year compared to ₹8.84 last year.Price Target Changed • Apr 08Price target increased to ₹329Up from ₹305, the current price target is an average from 5 analysts. New target price is 5.7% above last closing price of ₹311. Stock is up 42% over the past year.Price Target Changed • Feb 23Price target raised to ₹305Up from ₹277, the current price target is an average from 6 analysts. The new target price is 10% above the current share price of ₹276. As of last close, the stock is down 8.2% over the past year.すべての更新を表示Recent updatesPrice Target Changed • Jun 02Price target decreased by 10% to ₹1,495Down from ₹1,663, the current price target is an average from 4 analysts. New target price is 40% above last closing price of ₹1,066. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₹53.60 for next year compared to ₹38.58 last year.Reported Earnings • May 26Full year 2026 earnings released: EPS: ₹38.58 (vs ₹33.25 in FY 2025)Full year 2026 results: EPS: ₹38.58 (up from ₹33.25 in FY 2025). Revenue: ₹34.0b (up 50% from FY 2025). Net income: ₹4.49b (up 19% from FY 2025). Profit margin: 13% (down from 17% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 47% per year.Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹1,371, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Construction industry in India. Total returns to shareholders of 246% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹797 per share.お知らせ • May 19Techno Electric & Engineering Company Limited to Report Q4, 2026 Results on May 25, 2026Techno Electric & Engineering Company Limited announced that they will report Q4, 2026 results on May 25, 2026Buy Or Sell Opportunity • Mar 24Now 22% overvaluedOver the last 90 days, the stock has fallen 4.9% to ₹1,051. The fair value is estimated to be ₹864, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to grow by 62% in 2 years. Earnings are forecast to grow by 56% in the next 2 years.Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹10.25 (vs ₹8.25 in 3Q 2025)Third quarter 2026 results: EPS: ₹10.25 (up from ₹8.25 in 3Q 2025). Revenue: ₹9.04b (up 42% from 3Q 2025). Net income: ₹1.19b (up 24% from 3Q 2025). Profit margin: 13% (down from 15% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹1,042, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Construction industry in India. Total returns to shareholders of 200% over the past three years.お知らせ • Feb 02Techno Electric & Engineering Company Limited to Report Q3, 2026 Results on Feb 10, 2026Techno Electric & Engineering Company Limited announced that they will report Q3, 2026 results on Feb 10, 2026Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: ₹8.94 (vs ₹8.22 in 2Q 2025)Second quarter 2026 results: EPS: ₹8.94 (up from ₹8.22 in 2Q 2025). Revenue: ₹8.81b (up 100% from 2Q 2025). Net income: ₹1.04b (up 10% from 2Q 2025). Profit margin: 12% (down from 21% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 05Techno Electric & Engineering Company Limited to Report Q2, 2026 Results on Nov 12, 2025Techno Electric & Engineering Company Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 12, 2025Declared Dividend • Sep 03Dividend increased to ₹9.00Dividend of ₹9.00 is 29% higher than last year. Ex-date: 12th September 2025 Payment date: 23rd October 2025 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.お知らせ • Sep 02Techno Electric & Engineering Company Limited announces Annual dividend, payable on October 23, 2025Techno Electric & Engineering Company Limited announced Annual dividend of INR 9.0000 per share payable on October 23, 2025, ex-date on September 12, 2025 and record date on September 12, 2025.お知らせ • Aug 14Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 23, 2025Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 23, 2025.Reported Earnings • Aug 13First quarter 2026 earnings released: EPS: ₹9.54 (vs ₹4.95 in 1Q 2025)First quarter 2026 results: EPS: ₹9.54 (up from ₹4.95 in 1Q 2025). Revenue: ₹5.74b (up 53% from 1Q 2025). Net income: ₹1.11b (up 108% from 1Q 2025). Profit margin: 19% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 06Techno Electric & Engineering Company Limited to Report Q1, 2026 Results on Aug 12, 2025Techno Electric & Engineering Company Limited announced that they will report Q1, 2026 results on Aug 12, 2025Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹1,461, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 22x in the Construction industry in India. Total returns to shareholders of 428% over the past three years.New Risk • May 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change).Reported Earnings • May 28Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: ₹33.25 (up from ₹25.18 in FY 2024). Revenue: ₹24.3b (up 62% from FY 2024). Net income: ₹3.78b (up 40% from FY 2024). Profit margin: 16% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 16Techno Electric & Engineering Company Limited to Report Q4, 2025 Results on May 27, 2025Techno Electric & Engineering Company Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 27, 2025Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹1,281, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 22x in the Construction industry in India. Total returns to shareholders of 350% over the past three years.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹1,158, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 324% over the past three years.Price Target Changed • Feb 14Price target decreased by 12% to ₹1,502Down from ₹1,700, the current price target is an average from 3 analysts. New target price is 62% above last closing price of ₹927. Stock is up 11% over the past year. The company is forecast to post earnings per share of ₹30.65 for next year compared to ₹25.18 last year.Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: ₹8.25 (vs ₹8.53 in 3Q 2024)Third quarter 2025 results: EPS: ₹8.25. Revenue: ₹6.36b (up 95% from 3Q 2024). Net income: ₹959.9m (up 4.5% from 3Q 2024). Profit margin: 15% (down from 28% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India.Buy Or Sell Opportunity • Feb 04Now 24% overvaluedOver the last 90 days, the stock has fallen 33% to ₹1,108. The fair value is estimated to be ₹893, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 171% in 2 years. Earnings are forecast to grow by 80% in the next 2 years.お知らせ • Feb 04Techno Electric & Engineering Company Limited to Report Q3, 2025 Results on Feb 11, 2025Techno Electric & Engineering Company Limited announced that they will report Q3, 2025 results on Feb 11, 2025New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (7.6% average weekly change).Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹1,030, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 334% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹853 per share.Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹1,293, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 21x in the Construction industry in India. Total returns to shareholders of 414% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹848 per share.New Risk • Dec 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Shareholders have been diluted in the past year (8.1% increase in shares outstanding).Reported Earnings • Nov 14Second quarter 2025 earnings released: EPS: ₹8.22 (vs ₹6.85 in 2Q 2024)Second quarter 2025 results: EPS: ₹8.22 (up from ₹6.85 in 2Q 2024). Revenue: ₹4.81b (up 4.0% from 2Q 2024). Net income: ₹942.1m (up 28% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 01+ 1 more updateTechno Electric & Engineering Company Limited to Report Q2, 2025 Results on Nov 12, 2024Techno Electric & Engineering Company Limited announced that they will report Q2, 2025 results on Nov 12, 2024お知らせ • Sep 27+ 1 more updateTechno Electric & Engineering Company Limited Announces Board AppointmentsTECHNO Electric & Engineering Company Limited at its AGM held on September 27, 2024, the shareholders approved approval for appointment of Mr. Shailesh Kumar Mishra (DIN: 08068256) as Non-Executive Director; Mr. James Raymond Trout (DIN:10566465) as Non-Executive Director; Mr. Arun Duggal (DIN: 00024262) as Independent Director.Declared Dividend • Sep 04Dividend increased to ₹7.00Dividend of ₹7.00 is 17% higher than last year. Ex-date: 13th September 2024 Payment date: 26th October 2024 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.9% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Aug 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Aug 14Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2024Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2024.お知らせ • Aug 01Techno Electric & Engineering Company Limited to Report Q1, 2025 Results on Aug 13, 2024Techno Electric & Engineering Company Limited announced that they will report Q1, 2025 results at 4:00 PM, Indian Standard Time on Aug 13, 2024Reported Earnings • Jul 17Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₹25.18 (up from ₹8.85 in FY 2023). Revenue: ₹15.0b (up 81% from FY 2023). Net income: ₹2.71b (up 181% from FY 2023). Profit margin: 18% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 33%. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 72% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₹1,351, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 23x in the Construction industry in India. Total returns to shareholders of 307% over the past three years.New Risk • May 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (95% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change).Reported Earnings • May 29Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₹25.18 (up from ₹8.85 in FY 2023). Revenue: ₹16.4b (up 98% from FY 2023). Net income: ₹2.71b (up 181% from FY 2023). Profit margin: 17% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 33%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.お知らせ • May 19Techno Electric & Engineering Company Limited to Report Q4, 2024 Results on May 28, 2024Techno Electric & Engineering Company Limited announced that they will report Q4, 2024 results on May 28, 2024Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹969, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 245% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,638 per share.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹737, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 19x in the Construction industry in India. Total returns to shareholders of 159% over the past three years.Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹8.53 (vs ₹2.80 in 3Q 2023)Third quarter 2024 results: EPS: ₹8.53 (up from ₹2.80 in 3Q 2023). Revenue: ₹3.71b (up 100% from 3Q 2023). Net income: ₹918.8m (up 201% from 3Q 2023). Profit margin: 25% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.お知らせ • Feb 03Techno Electric & Engineering Company Limited to Report Q3, 2024 Results on Feb 13, 2024Techno Electric & Engineering Company Limited announced that they will report Q3, 2024 results on Feb 13, 2024Price Target Changed • Nov 15Price target increased by 16% to ₹479Up from ₹414, the current price target is an average from 4 analysts. New target price is 22% below last closing price of ₹611. Stock is up 113% over the past year. The company is forecast to post earnings per share of ₹18.60 for next year compared to ₹8.84 last year.Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: ₹6.85 (vs ₹5.35 in 2Q 2023)Second quarter 2024 results: EPS: ₹6.85 (up from ₹5.35 in 2Q 2023). Revenue: ₹4.91b (up 115% from 2Q 2023). Net income: ₹737.8m (up 26% from 2Q 2023). Profit margin: 15% (down from 26% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.お知らせ • Nov 11Techno Electric & Engineering Company Limited Announces Board ChangesTechno Electric & Engineering Company Limited Appointed Mr. Kadenja Krishna Rai, Independent Director as the Chairperson of the Audit Committee and Appointed Mr. Anjan Dasgupta, Independent Director as the Member of the Audit Committee and Chairperson of the Stakeholders Relationship Committee.Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹577, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 16x in the Construction industry in India. Total returns to shareholders of 195% over the past three years.お知らせ • Sep 28Techno Electric & Engineering Company Limited Approves Declaration of Final Dividend for the Financial Year Ended March 31, 2023Techno Electric & Engineering Company Limited at its AGM held on September 26, 2023, approved declaration of Final Dividend of INR 6/- per equity share of nominal value of INR 2/- each for the financial year ended March 31, 2023.Upcoming Dividend • Sep 08Upcoming dividend of ₹6.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 68% and the cash payout ratio is 79%. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.8%).お知らせ • Aug 15Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2023Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2023.Reported Earnings • Aug 15First quarter 2024 earnings released: EPS: ₹2.59 (vs ₹3.23 in 1Q 2023)First quarter 2024 results: EPS: ₹2.59 (down from ₹3.23 in 1Q 2023). Revenue: ₹3.05b (up 76% from 1Q 2023). Net income: ₹278.3m (down 22% from 1Q 2023). Profit margin: 9.1% (down from 21% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.お知らせ • Aug 03Techno Electric & Engineering Company Limited to Report Q1, 2024 Results on Aug 14, 2023Techno Electric & Engineering Company Limited announced that they will report Q1, 2024 results on Aug 14, 2023Reported Earnings • May 31Full year 2023 earnings: Revenues miss analyst expectationsFull year 2023 results: Revenue: ₹9.04b (down 16% from FY 2022). Net income: ₹925.9m (down 65% from FY 2022). Profit margin: 10% (down from 25% in FY 2022). Revenue missed analyst estimates by 20%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 19Techno Electric & Engineering Company Limited to Report Q4, 2023 Results on May 29, 2023Techno Electric & Engineering Company Limited announced that they will report Q4, 2023 results on May 29, 2023Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: ₹2.71 (vs ₹10.44 in 3Q 2022)Third quarter 2023 results: EPS: ₹2.71 (down from ₹10.44 in 3Q 2022). Revenue: ₹2.05b (down 32% from 3Q 2022). Net income: ₹305.0m (down 73% from 3Q 2022). Profit margin: 15% (down from 38% in 3Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.お知らせ • Feb 09An unknown buyer acquired 37.50 MW of its Wind Power Assets in Tamilnadu from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) for INR 1.6 billion.An unknown buyer acquired 37.50 MW of its Wind Power Assets in Tamilnadu from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) for INR 1.6 billion on February 8, 2023. Also Techno Electric entered into MOUS for the sale of another 71.40 MW. TECHNO had installed 111.90 MW wind power assets in the year 2011. An unknown buyer completed the acquisition of 37.50 MW of its Wind Power Assets in Tamilnadu from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) on February 8, 2023.Reported Earnings • Nov 18Second quarter 2023 earnings released: EPS: ₹5.35 (vs ₹5.90 in 2Q 2022)Second quarter 2023 results: EPS: ₹5.35 (down from ₹5.90 in 2Q 2022). Revenue: ₹2.47b (down 9.7% from 2Q 2022). Net income: ₹588.1m (down 9.3% from 2Q 2022). Profit margin: 24% (in line with 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Kadenja Rai was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Kadenja Rai was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Kadenja Rai was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Sep 28Techno Electric & Engineering Company Limited Declares Final Dividend for the Financial Year Ended March 31, 202217th Annual General Meeting of Techno Electric & Engineering Company Limited held on 26th day of September, 2022, Declaration of Final Dividend of INR 2/- per equity share of nominal value of INR 2/- each for the financial year ended March 31, 2022. (Ordinary Resolution).Upcoming Dividend • Sep 08Upcoming dividend of ₹2.00 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 8.7% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (1.2%).お知らせ • Sep 02Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2022Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2022, at 15:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended 31 March, 2022 together; to declare final dividend on equity shares for the financial year ended March 31, 2022; to consider directorate reelections; and to consider other matters.Reported Earnings • Aug 14First quarter 2023 earnings released: EPS: ₹3.23 (vs ₹4.28 in 1Q 2022)First quarter 2023 results: EPS: ₹3.23 (down from ₹4.28 in 1Q 2022). Revenue: ₹1.86b (down 1.8% from 1Q 2022). Net income: ₹355.5m (down 25% from 1Q 2022). Profit margin: 19% (down from 25% in 1Q 2022). Over the next year, revenue is forecast to grow 30%, compared to a 12% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.お知らせ • Aug 03Techno Electric & Engineering Company Limited to Report Q1, 2023 Results on Aug 12, 2022Techno Electric & Engineering Company Limited announced that they will report Q1, 2023 results at 4:00 AM, Indian Standard Time on Aug 12, 2022お知らせ • Jul 12Techno Electric & Engineering Company Limited (NSEI:TECHNOE) announces an Equity Buyback for INR 1,300 million worth of its shares.Techno Electric & Engineering Company Limited (NSEI:TECHNOE) announces a share repurchase program. Under the program, the company will repurchase up to INR 1,300 million. The maximum price paid by the shareholders would not exceed INR 325 per share. As of July 8, 2022, the company had 110,000,000? issued and outstanding shares.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹284, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Construction industry in India. Total returns to shareholders of 11% over the past three years.お知らせ • May 31Techno Electric & Engineering Company Limited Recommends Final Dividend for the Financial Year 2021-22Techno Electric & Engineering Company Limited announced that at the board meeting held on May 30, 2022, the company recommended final dividend for the financial year 2021-22 @ INR 2 (Rupees Two) per Equity share of face value of INR 2.Reported Earnings • May 31Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹23.99 (up from ₹16.53 in FY 2021). Revenue: ₹12.2b (up 38% from FY 2021). Net income: ₹2.64b (up 45% from FY 2021). Profit margin: 22% (up from 20% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 5.7%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 16Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: ₹10.44 (up from ₹2.97 in 3Q 2021). Revenue: ₹4.24b (up 83% from 3Q 2021). Net income: ₹1.15b (up 251% from 3Q 2021). Profit margin: 27% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 31%. Earnings per share (EPS) missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.お知らせ • Feb 04Techno Electric & Engineering Company Limited to Report Q3, 2022 Results on Feb 14, 2022Techno Electric & Engineering Company Limited announced that they will report Q3, 2022 results on Feb 14, 2022Reported Earnings • Aug 18First quarter 2022 earnings released: EPS ₹4.28 (vs ₹3.28 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.89b (up 12% from 1Q 2021). Net income: ₹470.9m (up 31% from 1Q 2021). Profit margin: 25% (up from 21% in 1Q 2021). The increase in margin was driven by higher revenue.Reported Earnings • Jun 30Full year 2021 earnings released: EPS ₹16.53 (vs ₹16.26 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: ₹9.56b (up 9.1% from FY 2020). Net income: ₹1.82b (up 1.5% from FY 2020). Profit margin: 19% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses.Price Target Changed • Apr 08Price target increased to ₹329Up from ₹305, the current price target is an average from 5 analysts. New target price is 5.7% above last closing price of ₹311. Stock is up 42% over the past year.Is New 90 Day High Low • Feb 25New 90-day high: ₹319The company is up 48% from its price of ₹216 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹241 per share.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹319, the stock is trading at a trailing P/E ratio of 19.9x, up from the previous P/E ratio of 17.1x. This compares to an average P/E of 16x in the Construction industry in India. Total returns to shareholders over the past year are 10%.Price Target Changed • Feb 23Price target raised to ₹305Up from ₹277, the current price target is an average from 6 analysts. The new target price is 10% above the current share price of ₹276. As of last close, the stock is down 8.2% over the past year.Is New 90 Day High Low • Feb 05New 90-day high: ₹271The company is up 38% from its price of ₹197 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 49% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹229 per share.お知らせ • Jan 29Techno Electric & Engineering Company Limited to Report Q3, 2021 Results on Feb 13, 2021Techno Electric & Engineering Company Limited announced that they will report Q3, 2021 results on Feb 13, 2021Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹268, the stock is trading at a trailing P/E ratio of 18.9x, up from the previous P/E ratio of 16.4x. This compares to an average P/E of 15x in the Construction industry in India. Total return to shareholders over the past year is a loss of 3.9%.Is New 90 Day High Low • Jan 07New 90-day high: ₹249The company is up 30% from its price of ₹192 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 38% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹227 per share.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹249, the stock is trading at a trailing P/E ratio of 16.9x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 15x in the Construction industry in India. Total return to shareholders over the past year is a loss of 11%.Is New 90 Day High Low • Dec 07New 90-day high: ₹220The company is up 9.0% from its price of ₹201 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹190 per share.お知らせ • Nov 01Techno Electric & Engineering Company Limited to Report Q2, 2021 Results on Nov 12, 2020Techno Electric & Engineering Company Limited announced that they will report Q2, 2021 results on Nov 12, 2020お知らせ • Oct 06+ 1 more updateIndia Grid Trust (BSE:540565) completed the acquisition of 48.96% stake in Jhajjar KT Transco Private Limited from Techno Electric & Engineering Company Limited (NSEI:TECHNOE).India Grid Trust (BSE:540565) entered into definitive agreement to acquire 48.96% stake in Jhajjar KT Transco Private Limited from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) for an enterprise value of INR 3.1 billion on May 29, 2020. Under the terms of consideration, Consideration will be paid in cash. In related transaction, India Grid Trust entered into definitive agreements to acquire remaining 51% stake in Jhajjar KT Transco Private Limited from Kalpataru Power Transmission Limited (BSE:522287) and Klassik Vinyl Products LLP on May 29, 2020. Total Consideration is subject to certain adjustments on account of assets and liabilities at the time of closing of the transaction. Techno Electric & Engineering Company Limited will receive INR 1.5177 billion for its stake. Transaction will be funded through a combination of debt and internal accruals. During the FY 2019-20 Jhajjar KT Transco Private Limited has total revenue of INR 390 million and total net worth of INR 1.1 billion. The transaction is also subject to requisite regulatory approvals and compliances as the approval from Haryana Vidyut Prasaran Nigam Limited has to be obtained for the aforesaid acquisition. As per announcement of September 28, 2020, India Grid Trust acquired 36.22% stake in the sale of first closing sale shares of Jhajjar KT Transco Private Limited after obtaining the requisite regulatory and other approvals and compliance with condition precedents. As a result, India Grid Trust holds 74% stake in Jhajjar KT Transco Private Limited by acquiring stake from other two parties. The acquisition, expected to be consummated over next couple of months. Transaction is 10th accretive acquisition since listing in 2017. JM Financial Limited acted as financial advisor and Cyril Amarchand and Mangaldas as legal advisors to IndiGrid for this transaction. India Grid Trust (BSE:540565) completed the acquisition of 48.96% stake in Jhajjar KT Transco Private Limited from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) on October 5, 2020. Techno Electric & Engineering Company sold 12.74% stake and completed the sale of second closing sale shares. India Grid Trust along with its nominees hold 100% stake in Jhajjar KT Transco Private Limited.お知らせ • Aug 20Techno Electric & Engineering Company Limited to Report Q1, 2021 Results on Aug 29, 2020Techno Electric & Engineering Company Limited announced that they will report Q1, 2021 results on Aug 29, 2020お知らせ • Jun 20Techno Electric & Engineering Company Limited to Report Q4, 2020 Results on Jun 30, 2020Techno Electric & Engineering Company Limited announced that they will report Q4, 2020 results on Jun 30, 2020業績と収益の成長予測BSE:542141 - アナリストの将来予測と過去の財務データ ( )INR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202848,1187,361N/A6,66713/31/202739,9416,113N/A6,34713/31/202632,5164,487-6,571-5,900N/A12/31/202530,5744,688N/AN/AN/A9/30/202528,2134,456-2,081-1,141N/A6/30/202524,1934,358N/AN/AN/A3/31/202522,6873,7812,8464,530N/A12/31/202418,9253,210N/AN/AN/A9/30/202415,8303,1691602,152N/A6/30/202416,0382,965N/AN/AN/A3/31/202415,0242,710-3,787-1,982N/A12/31/202313,7571,997N/AN/AN/A9/30/202312,3441,407-731782N/A6/30/20239,579990N/AN/AN/A3/31/20238,295966278934N/A12/31/20228,9641,555N/AN/AN/A9/30/202210,1192,4631,3681,726N/A6/30/202210,5742,524N/AN/AN/A3/31/20229,9922,4312,2562,593N/A12/31/20219,8112,362N/AN/AN/A9/30/20219,2531,7732,0022,005N/A6/30/20219,0891,928N/AN/AN/A3/31/20218,8921,8181,2531,254N/A12/31/20207,8851,758N/AN/AN/A9/30/20208,0181,500825809N/A6/30/20208,0841,619N/AN/AN/A3/31/20208,7621,7911,1101,115N/A12/31/20199,4972,059N/AN/AN/A9/30/20199,5832,080N/A1,031N/A6/30/20199,2391,793N/AN/AN/A3/31/20199,8861,934N/A1,976N/A12/31/201811,2741,964N/AN/AN/A9/30/201811,5952,075N/AN/AN/A6/30/201811,8442,040N/AN/AN/A3/31/201812,9442,057N/A2,121N/A12/31/201713,2992,058N/AN/AN/A9/30/201713,8462,032N/AN/AN/A6/30/201714,9812,137N/AN/AN/A3/31/20171,204557N/A1,596N/A12/31/201613,2081,881N/AN/AN/A9/30/201612,8121,768N/AN/AN/A6/30/201611,6671,508N/AN/AN/A3/31/201610,9721,201N/A325N/A12/31/20159,9241,349N/AN/AN/A9/30/20158,5831,188N/AN/AN/A6/30/20158,1321,188N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 542141の予測収益成長率 (年間24% ) は 貯蓄率 ( 6.9% ) を上回っています。収益対市場: 542141の収益 ( 24% ) はIndian市場 ( 16% ) よりも速いペースで成長すると予測されています。高成長収益: 542141の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 542141の収益 ( 19.4% ) Indian市場 ( 10.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 542141の収益 ( 19.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 542141の 自己資本利益率 は、3年後には低くなると予測されています ( 13.9 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/11 09:09終値2026/06/11 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Techno Electric & Engineering Company Limited 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Sandeep Tulsiyan360 ONE Capital Market Private LimitedSachin MehtaCentrum Broking LimitedVinod ChariDolat Capital Market Pvt. Ltd.7 その他のアナリストを表示
Price Target Changed • Jun 02Price target decreased by 10% to ₹1,495Down from ₹1,663, the current price target is an average from 4 analysts. New target price is 40% above last closing price of ₹1,066. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₹53.60 for next year compared to ₹38.58 last year.
Price Target Changed • Feb 14Price target decreased by 12% to ₹1,502Down from ₹1,700, the current price target is an average from 3 analysts. New target price is 62% above last closing price of ₹927. Stock is up 11% over the past year. The company is forecast to post earnings per share of ₹30.65 for next year compared to ₹25.18 last year.
Price Target Changed • Nov 15Price target increased by 16% to ₹479Up from ₹414, the current price target is an average from 4 analysts. New target price is 22% below last closing price of ₹611. Stock is up 113% over the past year. The company is forecast to post earnings per share of ₹18.60 for next year compared to ₹8.84 last year.
Price Target Changed • Apr 08Price target increased to ₹329Up from ₹305, the current price target is an average from 5 analysts. New target price is 5.7% above last closing price of ₹311. Stock is up 42% over the past year.
Price Target Changed • Feb 23Price target raised to ₹305Up from ₹277, the current price target is an average from 6 analysts. The new target price is 10% above the current share price of ₹276. As of last close, the stock is down 8.2% over the past year.
Price Target Changed • Jun 02Price target decreased by 10% to ₹1,495Down from ₹1,663, the current price target is an average from 4 analysts. New target price is 40% above last closing price of ₹1,066. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₹53.60 for next year compared to ₹38.58 last year.
Reported Earnings • May 26Full year 2026 earnings released: EPS: ₹38.58 (vs ₹33.25 in FY 2025)Full year 2026 results: EPS: ₹38.58 (up from ₹33.25 in FY 2025). Revenue: ₹34.0b (up 50% from FY 2025). Net income: ₹4.49b (up 19% from FY 2025). Profit margin: 13% (down from 17% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 47% per year.
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹1,371, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Construction industry in India. Total returns to shareholders of 246% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹797 per share.
お知らせ • May 19Techno Electric & Engineering Company Limited to Report Q4, 2026 Results on May 25, 2026Techno Electric & Engineering Company Limited announced that they will report Q4, 2026 results on May 25, 2026
Buy Or Sell Opportunity • Mar 24Now 22% overvaluedOver the last 90 days, the stock has fallen 4.9% to ₹1,051. The fair value is estimated to be ₹864, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to grow by 62% in 2 years. Earnings are forecast to grow by 56% in the next 2 years.
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹10.25 (vs ₹8.25 in 3Q 2025)Third quarter 2026 results: EPS: ₹10.25 (up from ₹8.25 in 3Q 2025). Revenue: ₹9.04b (up 42% from 3Q 2025). Net income: ₹1.19b (up 24% from 3Q 2025). Profit margin: 13% (down from 15% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹1,042, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Construction industry in India. Total returns to shareholders of 200% over the past three years.
お知らせ • Feb 02Techno Electric & Engineering Company Limited to Report Q3, 2026 Results on Feb 10, 2026Techno Electric & Engineering Company Limited announced that they will report Q3, 2026 results on Feb 10, 2026
Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: ₹8.94 (vs ₹8.22 in 2Q 2025)Second quarter 2026 results: EPS: ₹8.94 (up from ₹8.22 in 2Q 2025). Revenue: ₹8.81b (up 100% from 2Q 2025). Net income: ₹1.04b (up 10% from 2Q 2025). Profit margin: 12% (down from 21% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 05Techno Electric & Engineering Company Limited to Report Q2, 2026 Results on Nov 12, 2025Techno Electric & Engineering Company Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 12, 2025
Declared Dividend • Sep 03Dividend increased to ₹9.00Dividend of ₹9.00 is 29% higher than last year. Ex-date: 12th September 2025 Payment date: 23rd October 2025 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
お知らせ • Sep 02Techno Electric & Engineering Company Limited announces Annual dividend, payable on October 23, 2025Techno Electric & Engineering Company Limited announced Annual dividend of INR 9.0000 per share payable on October 23, 2025, ex-date on September 12, 2025 and record date on September 12, 2025.
お知らせ • Aug 14Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 23, 2025Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 23, 2025.
Reported Earnings • Aug 13First quarter 2026 earnings released: EPS: ₹9.54 (vs ₹4.95 in 1Q 2025)First quarter 2026 results: EPS: ₹9.54 (up from ₹4.95 in 1Q 2025). Revenue: ₹5.74b (up 53% from 1Q 2025). Net income: ₹1.11b (up 108% from 1Q 2025). Profit margin: 19% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 06Techno Electric & Engineering Company Limited to Report Q1, 2026 Results on Aug 12, 2025Techno Electric & Engineering Company Limited announced that they will report Q1, 2026 results on Aug 12, 2025
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹1,461, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 22x in the Construction industry in India. Total returns to shareholders of 428% over the past three years.
New Risk • May 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change).
Reported Earnings • May 28Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: ₹33.25 (up from ₹25.18 in FY 2024). Revenue: ₹24.3b (up 62% from FY 2024). Net income: ₹3.78b (up 40% from FY 2024). Profit margin: 16% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 16Techno Electric & Engineering Company Limited to Report Q4, 2025 Results on May 27, 2025Techno Electric & Engineering Company Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 27, 2025
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹1,281, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 22x in the Construction industry in India. Total returns to shareholders of 350% over the past three years.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹1,158, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 324% over the past three years.
Price Target Changed • Feb 14Price target decreased by 12% to ₹1,502Down from ₹1,700, the current price target is an average from 3 analysts. New target price is 62% above last closing price of ₹927. Stock is up 11% over the past year. The company is forecast to post earnings per share of ₹30.65 for next year compared to ₹25.18 last year.
Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: ₹8.25 (vs ₹8.53 in 3Q 2024)Third quarter 2025 results: EPS: ₹8.25. Revenue: ₹6.36b (up 95% from 3Q 2024). Net income: ₹959.9m (up 4.5% from 3Q 2024). Profit margin: 15% (down from 28% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India.
Buy Or Sell Opportunity • Feb 04Now 24% overvaluedOver the last 90 days, the stock has fallen 33% to ₹1,108. The fair value is estimated to be ₹893, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 171% in 2 years. Earnings are forecast to grow by 80% in the next 2 years.
お知らせ • Feb 04Techno Electric & Engineering Company Limited to Report Q3, 2025 Results on Feb 11, 2025Techno Electric & Engineering Company Limited announced that they will report Q3, 2025 results on Feb 11, 2025
New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (7.6% average weekly change).
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹1,030, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 334% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹853 per share.
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹1,293, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 21x in the Construction industry in India. Total returns to shareholders of 414% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹848 per share.
New Risk • Dec 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Shareholders have been diluted in the past year (8.1% increase in shares outstanding).
Reported Earnings • Nov 14Second quarter 2025 earnings released: EPS: ₹8.22 (vs ₹6.85 in 2Q 2024)Second quarter 2025 results: EPS: ₹8.22 (up from ₹6.85 in 2Q 2024). Revenue: ₹4.81b (up 4.0% from 2Q 2024). Net income: ₹942.1m (up 28% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 01+ 1 more updateTechno Electric & Engineering Company Limited to Report Q2, 2025 Results on Nov 12, 2024Techno Electric & Engineering Company Limited announced that they will report Q2, 2025 results on Nov 12, 2024
お知らせ • Sep 27+ 1 more updateTechno Electric & Engineering Company Limited Announces Board AppointmentsTECHNO Electric & Engineering Company Limited at its AGM held on September 27, 2024, the shareholders approved approval for appointment of Mr. Shailesh Kumar Mishra (DIN: 08068256) as Non-Executive Director; Mr. James Raymond Trout (DIN:10566465) as Non-Executive Director; Mr. Arun Duggal (DIN: 00024262) as Independent Director.
Declared Dividend • Sep 04Dividend increased to ₹7.00Dividend of ₹7.00 is 17% higher than last year. Ex-date: 13th September 2024 Payment date: 26th October 2024 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.9% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Aug 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Aug 14Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2024Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2024.
お知らせ • Aug 01Techno Electric & Engineering Company Limited to Report Q1, 2025 Results on Aug 13, 2024Techno Electric & Engineering Company Limited announced that they will report Q1, 2025 results at 4:00 PM, Indian Standard Time on Aug 13, 2024
Reported Earnings • Jul 17Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₹25.18 (up from ₹8.85 in FY 2023). Revenue: ₹15.0b (up 81% from FY 2023). Net income: ₹2.71b (up 181% from FY 2023). Profit margin: 18% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 33%. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 72% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₹1,351, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 23x in the Construction industry in India. Total returns to shareholders of 307% over the past three years.
New Risk • May 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (95% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change).
Reported Earnings • May 29Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₹25.18 (up from ₹8.85 in FY 2023). Revenue: ₹16.4b (up 98% from FY 2023). Net income: ₹2.71b (up 181% from FY 2023). Profit margin: 17% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 33%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.
お知らせ • May 19Techno Electric & Engineering Company Limited to Report Q4, 2024 Results on May 28, 2024Techno Electric & Engineering Company Limited announced that they will report Q4, 2024 results on May 28, 2024
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹969, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 245% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,638 per share.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹737, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 19x in the Construction industry in India. Total returns to shareholders of 159% over the past three years.
Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹8.53 (vs ₹2.80 in 3Q 2023)Third quarter 2024 results: EPS: ₹8.53 (up from ₹2.80 in 3Q 2023). Revenue: ₹3.71b (up 100% from 3Q 2023). Net income: ₹918.8m (up 201% from 3Q 2023). Profit margin: 25% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.
お知らせ • Feb 03Techno Electric & Engineering Company Limited to Report Q3, 2024 Results on Feb 13, 2024Techno Electric & Engineering Company Limited announced that they will report Q3, 2024 results on Feb 13, 2024
Price Target Changed • Nov 15Price target increased by 16% to ₹479Up from ₹414, the current price target is an average from 4 analysts. New target price is 22% below last closing price of ₹611. Stock is up 113% over the past year. The company is forecast to post earnings per share of ₹18.60 for next year compared to ₹8.84 last year.
Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: ₹6.85 (vs ₹5.35 in 2Q 2023)Second quarter 2024 results: EPS: ₹6.85 (up from ₹5.35 in 2Q 2023). Revenue: ₹4.91b (up 115% from 2Q 2023). Net income: ₹737.8m (up 26% from 2Q 2023). Profit margin: 15% (down from 26% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
お知らせ • Nov 11Techno Electric & Engineering Company Limited Announces Board ChangesTechno Electric & Engineering Company Limited Appointed Mr. Kadenja Krishna Rai, Independent Director as the Chairperson of the Audit Committee and Appointed Mr. Anjan Dasgupta, Independent Director as the Member of the Audit Committee and Chairperson of the Stakeholders Relationship Committee.
Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹577, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 16x in the Construction industry in India. Total returns to shareholders of 195% over the past three years.
お知らせ • Sep 28Techno Electric & Engineering Company Limited Approves Declaration of Final Dividend for the Financial Year Ended March 31, 2023Techno Electric & Engineering Company Limited at its AGM held on September 26, 2023, approved declaration of Final Dividend of INR 6/- per equity share of nominal value of INR 2/- each for the financial year ended March 31, 2023.
Upcoming Dividend • Sep 08Upcoming dividend of ₹6.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 68% and the cash payout ratio is 79%. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.8%).
お知らせ • Aug 15Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2023Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2023.
Reported Earnings • Aug 15First quarter 2024 earnings released: EPS: ₹2.59 (vs ₹3.23 in 1Q 2023)First quarter 2024 results: EPS: ₹2.59 (down from ₹3.23 in 1Q 2023). Revenue: ₹3.05b (up 76% from 1Q 2023). Net income: ₹278.3m (down 22% from 1Q 2023). Profit margin: 9.1% (down from 21% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
お知らせ • Aug 03Techno Electric & Engineering Company Limited to Report Q1, 2024 Results on Aug 14, 2023Techno Electric & Engineering Company Limited announced that they will report Q1, 2024 results on Aug 14, 2023
Reported Earnings • May 31Full year 2023 earnings: Revenues miss analyst expectationsFull year 2023 results: Revenue: ₹9.04b (down 16% from FY 2022). Net income: ₹925.9m (down 65% from FY 2022). Profit margin: 10% (down from 25% in FY 2022). Revenue missed analyst estimates by 20%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 19Techno Electric & Engineering Company Limited to Report Q4, 2023 Results on May 29, 2023Techno Electric & Engineering Company Limited announced that they will report Q4, 2023 results on May 29, 2023
Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: ₹2.71 (vs ₹10.44 in 3Q 2022)Third quarter 2023 results: EPS: ₹2.71 (down from ₹10.44 in 3Q 2022). Revenue: ₹2.05b (down 32% from 3Q 2022). Net income: ₹305.0m (down 73% from 3Q 2022). Profit margin: 15% (down from 38% in 3Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Feb 09An unknown buyer acquired 37.50 MW of its Wind Power Assets in Tamilnadu from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) for INR 1.6 billion.An unknown buyer acquired 37.50 MW of its Wind Power Assets in Tamilnadu from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) for INR 1.6 billion on February 8, 2023. Also Techno Electric entered into MOUS for the sale of another 71.40 MW. TECHNO had installed 111.90 MW wind power assets in the year 2011. An unknown buyer completed the acquisition of 37.50 MW of its Wind Power Assets in Tamilnadu from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) on February 8, 2023.
Reported Earnings • Nov 18Second quarter 2023 earnings released: EPS: ₹5.35 (vs ₹5.90 in 2Q 2022)Second quarter 2023 results: EPS: ₹5.35 (down from ₹5.90 in 2Q 2022). Revenue: ₹2.47b (down 9.7% from 2Q 2022). Net income: ₹588.1m (down 9.3% from 2Q 2022). Profit margin: 24% (in line with 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Kadenja Rai was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Kadenja Rai was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Kadenja Rai was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Sep 28Techno Electric & Engineering Company Limited Declares Final Dividend for the Financial Year Ended March 31, 202217th Annual General Meeting of Techno Electric & Engineering Company Limited held on 26th day of September, 2022, Declaration of Final Dividend of INR 2/- per equity share of nominal value of INR 2/- each for the financial year ended March 31, 2022. (Ordinary Resolution).
Upcoming Dividend • Sep 08Upcoming dividend of ₹2.00 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 8.7% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (1.2%).
お知らせ • Sep 02Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2022Techno Electric & Engineering Company Limited, Annual General Meeting, Sep 26, 2022, at 15:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended 31 March, 2022 together; to declare final dividend on equity shares for the financial year ended March 31, 2022; to consider directorate reelections; and to consider other matters.
Reported Earnings • Aug 14First quarter 2023 earnings released: EPS: ₹3.23 (vs ₹4.28 in 1Q 2022)First quarter 2023 results: EPS: ₹3.23 (down from ₹4.28 in 1Q 2022). Revenue: ₹1.86b (down 1.8% from 1Q 2022). Net income: ₹355.5m (down 25% from 1Q 2022). Profit margin: 19% (down from 25% in 1Q 2022). Over the next year, revenue is forecast to grow 30%, compared to a 12% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Aug 03Techno Electric & Engineering Company Limited to Report Q1, 2023 Results on Aug 12, 2022Techno Electric & Engineering Company Limited announced that they will report Q1, 2023 results at 4:00 AM, Indian Standard Time on Aug 12, 2022
お知らせ • Jul 12Techno Electric & Engineering Company Limited (NSEI:TECHNOE) announces an Equity Buyback for INR 1,300 million worth of its shares.Techno Electric & Engineering Company Limited (NSEI:TECHNOE) announces a share repurchase program. Under the program, the company will repurchase up to INR 1,300 million. The maximum price paid by the shareholders would not exceed INR 325 per share. As of July 8, 2022, the company had 110,000,000? issued and outstanding shares.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹284, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Construction industry in India. Total returns to shareholders of 11% over the past three years.
お知らせ • May 31Techno Electric & Engineering Company Limited Recommends Final Dividend for the Financial Year 2021-22Techno Electric & Engineering Company Limited announced that at the board meeting held on May 30, 2022, the company recommended final dividend for the financial year 2021-22 @ INR 2 (Rupees Two) per Equity share of face value of INR 2.
Reported Earnings • May 31Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹23.99 (up from ₹16.53 in FY 2021). Revenue: ₹12.2b (up 38% from FY 2021). Net income: ₹2.64b (up 45% from FY 2021). Profit margin: 22% (up from 20% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 5.7%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 16Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: ₹10.44 (up from ₹2.97 in 3Q 2021). Revenue: ₹4.24b (up 83% from 3Q 2021). Net income: ₹1.15b (up 251% from 3Q 2021). Profit margin: 27% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 31%. Earnings per share (EPS) missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.
お知らせ • Feb 04Techno Electric & Engineering Company Limited to Report Q3, 2022 Results on Feb 14, 2022Techno Electric & Engineering Company Limited announced that they will report Q3, 2022 results on Feb 14, 2022
Reported Earnings • Aug 18First quarter 2022 earnings released: EPS ₹4.28 (vs ₹3.28 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.89b (up 12% from 1Q 2021). Net income: ₹470.9m (up 31% from 1Q 2021). Profit margin: 25% (up from 21% in 1Q 2021). The increase in margin was driven by higher revenue.
Reported Earnings • Jun 30Full year 2021 earnings released: EPS ₹16.53 (vs ₹16.26 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: ₹9.56b (up 9.1% from FY 2020). Net income: ₹1.82b (up 1.5% from FY 2020). Profit margin: 19% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses.
Price Target Changed • Apr 08Price target increased to ₹329Up from ₹305, the current price target is an average from 5 analysts. New target price is 5.7% above last closing price of ₹311. Stock is up 42% over the past year.
Is New 90 Day High Low • Feb 25New 90-day high: ₹319The company is up 48% from its price of ₹216 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹241 per share.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹319, the stock is trading at a trailing P/E ratio of 19.9x, up from the previous P/E ratio of 17.1x. This compares to an average P/E of 16x in the Construction industry in India. Total returns to shareholders over the past year are 10%.
Price Target Changed • Feb 23Price target raised to ₹305Up from ₹277, the current price target is an average from 6 analysts. The new target price is 10% above the current share price of ₹276. As of last close, the stock is down 8.2% over the past year.
Is New 90 Day High Low • Feb 05New 90-day high: ₹271The company is up 38% from its price of ₹197 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 49% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹229 per share.
お知らせ • Jan 29Techno Electric & Engineering Company Limited to Report Q3, 2021 Results on Feb 13, 2021Techno Electric & Engineering Company Limited announced that they will report Q3, 2021 results on Feb 13, 2021
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹268, the stock is trading at a trailing P/E ratio of 18.9x, up from the previous P/E ratio of 16.4x. This compares to an average P/E of 15x in the Construction industry in India. Total return to shareholders over the past year is a loss of 3.9%.
Is New 90 Day High Low • Jan 07New 90-day high: ₹249The company is up 30% from its price of ₹192 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 38% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹227 per share.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹249, the stock is trading at a trailing P/E ratio of 16.9x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 15x in the Construction industry in India. Total return to shareholders over the past year is a loss of 11%.
Is New 90 Day High Low • Dec 07New 90-day high: ₹220The company is up 9.0% from its price of ₹201 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹190 per share.
お知らせ • Nov 01Techno Electric & Engineering Company Limited to Report Q2, 2021 Results on Nov 12, 2020Techno Electric & Engineering Company Limited announced that they will report Q2, 2021 results on Nov 12, 2020
お知らせ • Oct 06+ 1 more updateIndia Grid Trust (BSE:540565) completed the acquisition of 48.96% stake in Jhajjar KT Transco Private Limited from Techno Electric & Engineering Company Limited (NSEI:TECHNOE).India Grid Trust (BSE:540565) entered into definitive agreement to acquire 48.96% stake in Jhajjar KT Transco Private Limited from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) for an enterprise value of INR 3.1 billion on May 29, 2020. Under the terms of consideration, Consideration will be paid in cash. In related transaction, India Grid Trust entered into definitive agreements to acquire remaining 51% stake in Jhajjar KT Transco Private Limited from Kalpataru Power Transmission Limited (BSE:522287) and Klassik Vinyl Products LLP on May 29, 2020. Total Consideration is subject to certain adjustments on account of assets and liabilities at the time of closing of the transaction. Techno Electric & Engineering Company Limited will receive INR 1.5177 billion for its stake. Transaction will be funded through a combination of debt and internal accruals. During the FY 2019-20 Jhajjar KT Transco Private Limited has total revenue of INR 390 million and total net worth of INR 1.1 billion. The transaction is also subject to requisite regulatory approvals and compliances as the approval from Haryana Vidyut Prasaran Nigam Limited has to be obtained for the aforesaid acquisition. As per announcement of September 28, 2020, India Grid Trust acquired 36.22% stake in the sale of first closing sale shares of Jhajjar KT Transco Private Limited after obtaining the requisite regulatory and other approvals and compliance with condition precedents. As a result, India Grid Trust holds 74% stake in Jhajjar KT Transco Private Limited by acquiring stake from other two parties. The acquisition, expected to be consummated over next couple of months. Transaction is 10th accretive acquisition since listing in 2017. JM Financial Limited acted as financial advisor and Cyril Amarchand and Mangaldas as legal advisors to IndiGrid for this transaction. India Grid Trust (BSE:540565) completed the acquisition of 48.96% stake in Jhajjar KT Transco Private Limited from Techno Electric & Engineering Company Limited (NSEI:TECHNOE) on October 5, 2020. Techno Electric & Engineering Company sold 12.74% stake and completed the sale of second closing sale shares. India Grid Trust along with its nominees hold 100% stake in Jhajjar KT Transco Private Limited.
お知らせ • Aug 20Techno Electric & Engineering Company Limited to Report Q1, 2021 Results on Aug 29, 2020Techno Electric & Engineering Company Limited announced that they will report Q1, 2021 results on Aug 29, 2020
お知らせ • Jun 20Techno Electric & Engineering Company Limited to Report Q4, 2020 Results on Jun 30, 2020Techno Electric & Engineering Company Limited announced that they will report Q4, 2020 results on Jun 30, 2020