Techno Electric & Engineering Company Q1 FY27 Share Price & Earnings Call Analysis

₹850.00-0.04% today
Market cap
₹9,891 Cr
P/E
19.20
ROE
12.63%
PEG
0.60
Price to sales
2.94
Debt to equity
0.01
52W high / low
₹1,373 / ₹825
Sales growth (5Y)
29.77%
EBITDA margin
13.54%
Net profit margin
15.48%
Promoter holding
56.93%
Sales (last year)
₹3,380 Cr

Techno Electric & Engineering Company Ltd (TEECL) is engaged in providing Engineering, Procurement and Construction (EPC), asset ownership and operations and maintenance services in the power infrastructure industry. [1]

Guidance scorecard · Q1 FY27 call

What Techno Electric & Engineering Company Ltd's management guided
and where it ranks in Construction

#19of 58 in
Construction

RevenueQ1 FY27 call

20–40%
  • Revenue grew by 25% this quarter; order inflow momentum is strong with an order book around INR11,000 crores, providing good visibility.
  • The company expects at least 25% growth in top line and bottom line (EPS) this year.
  • Data center business is nascent; revenue and EBITDA impact expected to start showing from FY27 as customer migrations and commissioning progress.
  • Medium-term data center capacity target is 250 megawatts by 2030, with 150 megawatts already under discussion.
  • Smart metering business has stable annuity cash flows with contract tenures extending to 8+ years, supporting sustained revenues.
  • Chennai data center capacity organically increased from 24 MW to ~35-40 MW through engineering optimizations, enabling higher revenue potential without proportional capex increase.

2 more points from Techno Electric & Engineering Company Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Techno Electric & Engineering Company Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Planned capex of around INR1,000 crores for data centres in FY27, primarily in Noida and Kolkata.
  • Noida data centre is a joint venture with RailTel with about 5 MW capacity initially; demand expected from government entities.
  • Kolkata data centre is in early stages (foundation and piling), commissioning expected in FY28; traction seen around mid next year.
  • Future capital investment needs are uncertain due to AI-driven demand but the company is maintaining a healthy balance sheet to capitalize on opportunities.
  • Smart meter business is largely self-funded; no significant capex expected this year.
  • Total investment in data centres as of March is approximately INR650 crores; cash and current investments stand at around INR1,250 crores (June 26).

2 more points from Techno Electric & Engineering Company Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Techno Electric & Engineering Company Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising
  • Order book as of August 2026 stands at approximately INR 11,000 crores (post 30th June includes new orders).
  • Year-to-date (YTD) order inflow is INR 2,200 crores; Q1 order inflow was INR 660 crores.
  • The L1 (likely to be awarded) order book is around INR 2,100 crores.
  • Current order book includes transmission, high-end station construction involving partners like Power Grid, Adani, and IndiGrid.
  • Typical execution period for order book revenue realization is 2 to 3 years, depending on land parcel availability and project start.
  • Order inflow momentum is strong, surpassing earlier annual guidance of INR 4,000 crores.

2 more points from Techno Electric & Engineering Company Ltd's call on the order book

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Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Construction
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Construction companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹6,531 Cr11.7
240%+Flat₹1,089 Cr9.3
340%+Flat₹898 Cr7.6
440%+Flat₹807 Cr14.7
540%+Flat₹554 Cr13.1
640%+Flat₹516 Cr30.7

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Pro shows every company guiding 40%+ revenue growth →Full Construction ranking

Financials of Techno Electric & Engineering Company Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Techno Electric & Engineering Company Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +3132744623274403754416368165268438721,010
Expenses +306253385270385323371546689434732746878
Operating Profit72178565452709012792111126132
OPM %2%8%17%17%12%14%16%14%16%18%13%14%13%
Other Income +78292945316839445373383232
Interest6444422343746
Depreciation2222222222293
Profit before tax77441019579117105129174161140144155
Tax %21%42%27%4%2%16%11%26%23%16%26%17%26%
Net Profit +6125749278989496135136104119115
EPS in Rs5.652.356.868.547.219.128.108.2511.5811.708.9410.259.85

Financials of Techno Electric & Engineering Company Ltd

Profit & Loss

Annual income statement trend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +1201,2839868718849998301,5022,2693,252
Expenses +109887366546688407421,2921,9292,790
Operating Profit11029525021721615987210339462
OPM %91%23%25%25%24%16%11%14%15%14%
Other Income +1942734867175165134205175
Interest21251379711171119
Depreciation3742424241788817
Profit before tax70271268216232319233319525600
Tax %20%24%28%17%22%19%20%16%20%21%
Net Profit +56206193179182264187268423474
EPS in Rs0.632.3117.1616.2816.5323.9917.3624.9536.3740.75
Dividend Payout %0%0%0%0%61%8%35%28%25%17%

Financials of Techno Electric & Engineering Company Ltd

Balance Sheet

Capital structure and asset base

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital178232322222222222323
Reserves4841,2091,4041,4741,5941,8151,9092,1423,7164,134
Borrowings +27367440400003972
Other Liabilities +326215475835466798396581,2651,709
Total Liabilities9671,9202,0172,0792,2032,5162,7692,8215,0445,938
Fixed Assets +616585546508467459817670510
CWIP0000009527644272
Investments2094505816917141,0491,3051,1422,8362,258
Other Assets +1418858918811,0221,0081,2881,3271,6963,099
Total Assets9671,9202,0172,0792,2032,5162,7692,8215,0445,938

Financials of Techno Electric & Engineering Company Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +16021219811212525993-198453-590
Cash from Investing Activity +-158142-17138-54-22413269-1,630703
Cash from Financing Activity +-55-326-16-161-34-64-103-851,175-92
Net Cash Flow-542810-1137-283-14-221
Free Cash Flow11621119511112522628-379285-657
CFO/OP150%91%106%79%74%205%235%-60%158%-97%

Financials of Techno Electric & Engineering Company Ltd

Ratios

Working capital efficiency and return ratios

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days230216202240219213282180108137
Inventory Days31359800
Days Payable185205303173
Cash Conversion Cycle23034202240219223815108137
Working Capital Days1618815115918918823914392430
ROCE %26%20%13%12%18%8%17%17%15%

Guidance history

How Techno Electric & Engineering Company Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%FlatPlanned—Rising
Q3 FY26 call →20–40%FlatPlanned—Flat

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

7out of 100

Momentum score · price trend

7 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−36.9%15%
Last 6 months−33.8%5%
Last 3 months−12.1%35%

The price is 50.9% below its all-time high of ₹1,731.4 (18 Oct 2024). Stocks more than 20% below their peak have their score halved, so 15 became 7.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Techno Electric & Engineering Company Ltd: 0.4 × 15 + 0.4 × 5 + 0.2 × 35 = 15, halved to 7 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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