Financials Techno Electric & Engineering CompanyLtd NSE India S.E.

Equities

TECHNO

INE286K01024

Construction & Engineering

End-of-day quote NSE India S.E. 5-day change 1st Jan Change
- INR -.--% Intraday chart for Techno Electric & Engineering CompanyLtd -8.02% -36.93%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 30,931 26,180 33,754 27,252 36,332 111,122 - -
Enterprise Value (EV) 1 30,652 25,752 26,942 16,300 21,828 106,208 106,561 106,251
P/E ratio 16 x 14.6 x 18.6 x 10.3 x 20.1 x 55.1 x 42 x 32.9 x
Yield - - 3.26% 0.81% 1.78% 0.71% 0.71% 0.71%
Capitalization / Revenue 3.13 x 2.99 x 3.8 x 2.54 x 4.38 x 6.98 x 5.28 x 4.05 x
EV / Revenue 3.1 x 2.94 x 3.03 x 1.52 x 2.63 x 6.67 x 5.06 x 3.88 x
EV / EBITDA 12.3 x 11.9 x 12.5 x 7.34 x 26.4 x 50.1 x 34.4 x 25.6 x
EV / FCF 15.7 x 23.2 x 21.5 x 7.25 x 69.3 x 181 x 395 x 43.3 x
FCF Yield 6.37% 4.31% 4.65% 13.8% 1.44% 0.55% 0.25% 2.31%
Price to Book 2.17 x 1.75 x 2.09 x 1.48 x 1.9 x 5.39 x 4.97 x 4.5 x
Nbr of stocks (in thousands) 112,682 110,000 110,000 110,000 107,619 107,619 - -
Reference price 2 274.5 238.0 306.8 247.8 337.6 1,033 1,033 1,033
Announcement Date 5/30/19 6/30/20 6/29/21 5/30/22 5/29/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,886 8,762 8,892 10,739 8,295 15,913 21,039 27,408
EBITDA 1 2,491 2,162 2,161 2,222 826.6 2,120 3,100 4,147
EBIT 1 2,073 1,746 1,749 1,809 750.6 2,061 2,886 2,632
Operating Margin 20.96% 19.93% 19.67% 16.85% 9.05% 12.95% 13.72% 9.6%
Earnings before Tax (EBT) 1 2,653 2,150 2,339 3,261 1,390 2,693 3,531 4,466
Net income 1 1,934 1,791 1,818 2,639 1,828 2,041 2,678 3,425
Net margin 19.56% 20.44% 20.44% 24.57% 22.04% 12.83% 12.73% 12.5%
EPS 2 17.16 16.26 16.53 23.99 16.77 18.73 24.57 31.40
Free Cash Flow 1 1,953 1,110 1,253 2,247 315.1 585.5 269.8 2,454
FCF margin 19.75% 12.66% 14.09% 20.93% 3.8% 3.68% 1.28% 8.95%
FCF Conversion (EBITDA) 78.39% 51.33% 57.99% 101.14% 38.12% 27.62% 8.7% 59.17%
FCF Conversion (Net income) 100.97% 61.95% 68.93% 85.17% 17.23% 28.68% 10.07% 71.64%
Dividend per Share 2 - - 10.00 2.000 6.000 7.333 7.333 7.333
Announcement Date 5/30/19 6/30/20 6/29/21 5/30/22 5/29/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: März 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,476 2,148 1,895 2,735 3,034 3,076 1,730 2,280 1,853 3,130 2,739 2,973 4,689 6,524
EBITDA 1 774.6 189.5 552 854.1 426.1 390 477.3 710.4 233.5 31.17 - 323 600 914
EBIT - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - -
Earnings before Tax (EBT) 757.1 146.6 602.9 842.5 - - 490 784.3 397.5 - - - - -
Net income 560.2 654 456 648.4 1,149 370.9 355.5 588.1 314.1 567.8 252.6 - - -
Net margin 22.63% 30.45% 24.07% 23.71% 37.87% 12.06% 20.56% 25.79% 16.95% 18.14% 9.22% - - -
EPS - - 4.150 - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 2/13/21 6/29/21 8/13/21 11/12/21 2/14/22 5/30/22 8/12/22 11/14/22 2/14/23 5/29/23 8/14/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 280 428 6,812 10,952 14,505 4,914 4,561 4,872
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,953 1,110 1,253 2,247 315 586 270 2,454
ROE (net income / shareholders' equity) 14.6% 12.3% 11.7% 15.3% 9.68% 10.2% 12.3% 14.2%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 127.0 136.0 147.0 167.0 178.0 192.0 208.0 229.0
Cash Flow per Share - - - - - - - -
Capex 1 23.3 5.77 0.53 337 29.1 792 992 992
Capex / Sales 0.24% 0.07% 0.01% 3.14% 0.35% 4.98% 4.72% 3.62%
Announcement Date 5/30/19 6/30/20 6/29/21 5/30/22 5/29/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
1,033 INR
Average target price
798.7 INR
Spread / Average Target
-22.65%
Consensus

Quarterly revenue - Rate of surprise

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