Get 50% OFF This Summer!

Advertisement
logo

Techno Electric & Engineering Company

TECHNOE
Small Cap
(%) 1D
no_data

No Data Available

1D1W1M3M6M1YMAX

Investor Sentiment

50%50%
Bullish
Bearish
Advertisement

Techno Electric & Engineering Company Share price and Fundamental Analysis

View All Details
View All Details
Techno Electric & Engineering Company Limited (Formerly Simran Wind Project Limited) was incorporated as a Public Limited Company in October 26, 2005. The Company is a recognized company for its expertise in the domains of light construction and heavy engineering segments across the country's power sector. The Company is also engaged in generation of wind power through wind turbine generators in the states of Tamil Nadu & Karnataka. The Company provides engineering, procurement and construction services to the three segments of power sector including generation, transmission and distribution.
Company Incorporation2005
ChairmanP P Gupta
Head QuartersKolkata
Previous NameNA

Key Metrics

Market Cap (Cr)
12,588
PE Ratio
39.22
Industry P/E
34.71
PEG Ratio
2.18
ROE
9.05%
ROCE
9.73%
ROA
8.06%
Total Debt (Cr)
0
Debt to Equity
0
Dividend Yield
0.6%
EPS
27.6
Book Value & P/B
301.13 x 3.59
Face Value
2
Outstanding Shares(Cr)
11.63
Current Ratio
5.64
EV to Sales
6.5

Included In

+More

Stock Returns

1 Week+0.46%
1 Month+16.54%
6 Months-32.18%
1 Year+3.81%
3 Years+301.46%
5 Years+446.73%

CAGR

1 Year CAGR

Revenue Growth

+81.12%

Net Profit Growth

+180.54%

Operating Profit Growth

+114.19%

Dividend Growth

+16.67%

Stock Returns CAGR

+4.98%
no_data

No Stocks

Smart Score

3
icn

Unlock Smart Score

See Detailed Analysis & Insights

icn

Unlock Insights

See Detailed Analysis & Insights

Technicals

Returns Calculator

If you would have invested
In 5 years the current value would be
NaNCRNaNCR( %)

Research Report

No Research Report

View Other Reports >

Corporate Action

Board-Meetings
Board-Meetings
Dividends
Bonus
Splits
Right-issues
AGM-EGM
Bulk-Deal
Block-Deal

Financials

Half Yearly Statement

/ View Standalone

Profit and Loss Statement

/ View Standalone
Credit Rating
Director Report
Chairman Report
Auditor Report

Balance sheet

/ View Standalone

Cashflow Statement

/ View Standalone
Mar 25

Promoters : 56.92%

FIIs : 9.33%

DIIs : 24.50%

Public : 9.24%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr
DII Shareholding Increased by 0.46% to 24.5% in March 2025 Qtr
FII Shareholding Decreased by 0.59% to 9.33% in March 2025 Qtr

Top Shareholders

View all Share Holders

Key Ratios

Profitability
Valuation
Liquidity

ROE

Avg ROE (3 Yrs) : NaN%

ROCE

Avg ROCE (3 Yrs) : NaN%

ROA

Avg ROA (3 Yrs) : NaN%

NPM

Avg NPM (3 Yrs) : NaN%

Dividend History

Techno Electric & Engineering Company Competitors

Sector
Industry

Company Name

MCap(TTM)

PE(TTM)

P/B(TTM)

ROE(TTM)

D/E

Current Ratio(TTM)

5 Year FactSheet

Profitability
Profitability
Growth Ratios
Valuation Ratios
Cashflow Ratios
Debt and Liquidity
Efficiency Ratios

Documents

Annual Reports
Con-Call

News

Techno Electric & Engineering Company Management and History

Company Management

icn

Unlock Management Data

See Detailed Analysis & Insights

Company History

Techno Electric & Engineering Company Limited (Formerly Simran Wind Project Limited) was incorporated as a Public Limited Company in October 26, 2005. The Company is a recognized company for its expertise in the domains of light construction and heavy engineering segments across the country's power sector. The Company is also engaged in generation of wind power through wind turbine generators in the states of Tamil Nadu & Karnataka. The Company provides engineering, procurement and construction services to the three segments of power sector including generation, transmission and distribution.

In FY 2009, the Company became an independent renewable energy producer with 129.9 MW wind energy capacity installed in Tamil Nadu and Karnataka. The customers are mainly central and state public sector undertakings, but also cater to private companies in power-intensive industries. The Company acquired two wind power-generating companies, Simran Wind Project Private Limited and Super Wind Project Private Limited (merged with Techno Electric), with capacities of 50.45 MW and 45 MW, respectively.

In 2011, the Company received private equity investment from International Finance Corporation (IFC), Washington and set up 111.9 MW wind farm in Tamil Nadu.

In FY 2015, the Company bought back the 3.38% stake held by International Finance Corporation. The Company sold 44.45 MW of wind power assets at an effective valuation of Rs 2,150 million during Q1 during the FY 2016.

In FY 2017, it sold 33 MW of wind energy assets in Tamil Nadu at an effective valuation of Rs 1,650 million.

The National Company Law Tribunal Bench at Allahabad vide order dated 20 July 2018 sanctioned the Scheme of Amalgamation of Techno Electric & Engineering Company Limited with the Company with effect from the appointed date i.e., 01 April 2017 and consequent to the amalgamation and upon scheme becoming effective, the name of the Company has been changed from Simran Wind Project Limited to Techno Electric & Engineering Company Limited.

The Company had allotted 11,26,82,400 Equity Shares of Rs. 2/- each as fully paid up on 10th August, 2018 pursuant to the scheme of amalgamation sanctioned by the Hon'ble National Company Law Tribunal, bench at Allahabad (NCLT) vide its Order dated 20th July, 2018 without payment being received in cash to the shareholders of the Company without any consideration. The entire paid up pre-amalgamation share capital of the Company being held by the Transferor Company has been cancelled pursuant to the Scheme of Amalgamation.

The Board of Directors of the Company have approved the buyback of 26,82,400 Equity Shares of ?2 each at a price of Rs 410 per Equity Share from the Equity Shareholders of the Company in the Board Meeting held on 13 December 2018. The buyback has been completed in the month of April, 2019.

The Company sold 74% stake in Patran to India Grid Trust at enterprise value of Rs. 225 crores in FY 2019.

During the FY 2020, the Company entered into the Data Centre business of 25 MW in Chennai, Tamil Nadu. The Company plans to scale presence to develop hyper-density Data Centres of 250 MW capacity across India by FY 2025-26.

The Company disposed off its investment in Joint Venture Company namely, Jhajjar KT Transco Pvt. Ltd and hence, it ceased to be Joint Venture Company with effect from 28th September, 2020.

During the year 2020-21 the following projects were completed successfully by the Company as follows: 1) Contract for AIS Substation Package-SS29 from PGCIL for 765/400kV Bhadla-II PS (Jodhpur) New S/S under Transmission Scheme for Solar Energy Zones in Rajasthan.

2) Installation, testing and commissioning of 400/220 kV, 7X167 MVA Substation at New Kohima associated with North Eastern Region Strengthening Scheme-VI (NERSS-VI) of Kohima-Mariani Transmission Limited.

3) Contract for Construction of 2 nos. 400 kV GIS Line Bays for Termination of Jeerat (New) - Jeerat (WBSETCL) 400 kV D/C Line (ERSS XVIII), Construction of 2 nos. of 400 kV GIS Line Bays for Termination of Sagardighi TPS - Subhasgram PGCIL 400 kV S/C Line (ERSS XV A) and Modification of Termination Arrangement of 4 nos. 400 kV Existing Feeders at Jeerat 400 kV Substation (ERSS XV B), District - 24 Parganas (North) in State of West Bengal of WBSETCL.

4) GIS Sub-station Package MEG-SS-02 for Meghalaya associated with NER Power System Improvement Project. i) 220/132/33kV New Shillong (New) GIS, ii) 220/132kV Mawngap GIS (Upgrade), iii) 220kV Byrnihat AIS (Extn)].

5) Contract for unmetered consumer to metered consumer and New Connection to left over rural/urban household under ESSD at Nirsa, Tundi, Mukunda, Gobindpur, Hirapur, Barwadda & Chirkunda under Pradhan Mantri Sahaj Har Ghar Yojna - Saubhagya Scheme of Jharkhand Bijli Vitran Nigam Limited.

6) Contract for Construction of 132kV Substations and Transmission Lines with associated feeder bays in Western and Central MP (SOR Based) on total Turn-Key Basis of Madhya Pradesh Power Transmission Co. Ltd.

The following projects are ongoing and are expected to be completed as per schedule by the Company as follows: 1. Contract for Supply & Erection of materials/ equipment with Mandatory Spares, Transportation including transit insurance on for Site basis of all the materials/equipment and auxiliaries in all respect on lumpsum turnkey basis for 765/400 kV Substation at Lakadia and 765kV bay extension at Bhuj in the state of Gujarat.

2. Design, engineering, manufacturing, testing & supply of Materials/Equipment, transportation including transit insurance on FOTR site basis of all the material/equipment and auxiliaries in all respect on turnkey basis for 2 No. 765kV at Lakadia Substation under LBTL Package.

3. Contract for Substation Package SS01 for Transmission Line Associated with Intrastate Transmission projects of Uttar Pradesh - Construction of 400/220 kV Rampur & 400/220/132 kV Sambhal GIS Substation (Rampur & Sambhal Project) through tariff based competitive bidding (TCBC) route.

4. Procurement of Plant, Design, Supply, Installation, testing & commissioning of 500 kV Arghande (Kabul) Substation of Da Afghanistan Breshna Sherkat.

5. Contract for Bay Extension of 400/220 KV Bay at CGPL, Mundra SS & extra bays at Lakhadia SS under JKTL.

6. Contract for Extension of 2 Nos. 400kV GIS sub-station and line bays at Jharkhand pool (Chandwa) for termination of 400kV Jharkhand Pool-Latehar D/C Line.

7. Contract for Extension of 400(GIS)/220(AIS) kV New Siliguri sub-station including installation of 1 no., 315MVA, 400/220/33kV, 3-phase transformer along with associated AIS/GIS bay equipment.

8. Contract for Engineering, Procurement & Construction of Extension of Kara Substation & NEW 161/20 KV Substation at Mango in TOGO.

9. On-Shore Supply, Service and Off-Shore contract for GIS Substation package ASM-SS04 under NER Power System Improvement Project - World Bank Funded: Intra-State-Assam of PGCIL.

10. Substation Package -NAG-SS-01 including Transformer for (i) 132/33kV Longnak (New) s/s & (ii) 132/33kV Longleg (New) s/s under Transmission System for Nagaland State associated with NER Power System Improvement of PGCIL.

11. Contract for Construction of 220/132/33 KV (2x160 + 3x50) MVA, GSS at Asthawan, District Nalanda including Residential Quarters with Construction of 02 Nos. 220 KV Line Bays & 06 Nos. 132 KV Line Bays at remote end on Turnkey Basis under State Plan on turnkey basis under State Plan of Bihar State Power Transmission Co. Ltd.

12. Contract for the work providing all services i.e. of Flue gas Desulphurization (FGD) system Package for Bokaro 'Ä' Thermal Power Station, BTPS 'A' (1x500 MW) located at Bokaro, Jharkhand.

13. Contract for Construction of 220 GIS Substations at Thalassery & Kunnamkulam on Turnkey Basis (KIIFB Funding).

14. Contract for Construction of 2 nos. 220kV bays at Nallalam, 2 Nos of 400 kV bays at Madakkathara and Automation & SCADA system at Madakkathara on Turnkey basis (PSDF Funding).

15. Contract for Turnkey implementation of AMI for 2.0 Lakhs ( 1 Lakh in Jammu City + 1 Lakh in Srinagar City ) with 5 years FMS including O&M for Power Development Department (PDD) of Government of J&K under PMDP.

16. Contract for 33/11KV Substation, Distribution Substation along with associated lines and related works in Srinagar Circle of Jammu & Kashmir under IPDS-Package-A.

17. Contract for 33/11KV Substation, Distribution Substation along with associated lines and related works in Srinagar Circle of Jammu & Kashmir under PMDP-Package-A.

During the year 20-2021, the Company successfully bagged the following Orders:

1. SS Package SS-34 for (i) Extension of 400 KV Kanpur S/s including 6 Nos. 400 kV, Ohm, 1 Ph, Series Line reactors, (ii) Extension of 400kV Bhiwani S/s including 3 nos. 400kV, 12 Ohm, 1Ph. Series Bus reactors & (iii) Extention of 400kV Hissar SS under Scheme to control fault level in Northern Region (Ph-II).

2. Contact for establishment of 2x500MVA, 400/220 kV GIS Substation at Kasargoda & Extension of 400kV Bays at Udupi.

3. SS Package SS01 for (i) Establishment of 765/400Kv Sikar II (New) S/S (Including 1x125MVAR, 420kV Bus Reactor); (ii) Construction of 2 Nos. of 765kV Line bays at Bhadla II PS for Sikar II- Bhadla II 765kV D/c line; and (iii) Construction of 2 nos. of 400kv Line bays at Neemrana substation for Sikar-II - Neemrana 400kV D/c line; associated with Transmission Scheme for evacuation of power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II part C through Traiff Based Competitive bidding (TBCB) route.

The Company participated in transmission projects via PPP projects. It implemented innovative solutions in this sector, leveraging its expertise in the EPC sector. The Company mainly have three main projects in the PPP sector. The Company implemented a 400 kV transmission system with double circuit quad moose line that extends from Jharli to Kabulpur in Rohtak (35 km) and from Kabulpur to Dipalpur in Sonepat (64 km) using the Design Build Finance Operate Transfer (DBFOT) arrangement and a transmission network designed to evacuate 2,400 MW in 2012. It has two substations of 400/220 kV of 24 bays each at Rohtak and Sonepat. This was the first transmission project to receive viability gap funding support from the government worth ? 920 million.

2) The Company shouldered responsibility in designing, constructing, erecting, completing and commissioning a 400 kV transmission system with transmission lines extending from Imphal to New Kohima (134 km) and from New Kohima to Mariani (119 km). It set up substations of 400/220 kV at New Kohima for this project. The Company also entered into a definitive agreement with CLP India Pvt. Ltd. to sell 26% stake in Kohima Mariani Transmission Limited (KMTL) at an Enterprise Value of Rs. 1800 crores. Along with this, the Company is focused on expanding Flue Gas Desulphurisation (FGD) business by FY 2022-23.

3) The Company also implemented an end-to-end BOOM transmission network project in Patran, Punjab in 2016. For this project, it set up 400/220kV GIS substation with 14 bays with 1,000 MVA evacuation capacity, comprising LILO of Patiala Kaithal. It also set up a 400 kV double circuit triple snowbird line at Patran.

The Company increased and expanded its presence in overseas markets by bagging the following trans-border projects as follows during the year 2021:

1) The Uganda project was completed in 2016 for design, supply and erection of 160 km 132 kV double circuit Mbarara - Nkendao transmission line and associated substations worth US$18 million.

2) The Project in Communaute Electrique du Benin (CEB), Togo, for extension of Kara substation and design, supply, installation and commissioning of new 161/20 kV substation at Mango worth US$9.69 million.

The Company presently have the following projects on the horizon as follows:

1) In Kenya, the Order worth US$87 million is in the advanced stages of settlement for KETRACO, Government of Kenya Undertaking. Scope:220 kV power network with line sub-contractor being Kalpataru Power Transmission Co. Ltd.

2) Majority of the project has been executed for the Afghanistan Breshna Sherkat (DABS), Kabul, Afghanistan for design, supply and construction of 500 kV substation worth US$35 million.

Techno Electric & Engineering Company Share Price

Techno Electric & Engineering Company share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Techno Electric & Engineering Company Market Cap

Market capitalization of Techno Electric & Engineering Company indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Techno Electric & Engineering Company is valued compared to its competitors.

Techno Electric & Engineering Company PE Ratio

Techno Electric & Engineering Company PE ratio helps investors understand what is the market value of each stock compared to Techno Electric & Engineering Company 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Techno Electric & Engineering Company PEG Ratio

The PEG ratio of Techno Electric & Engineering Company evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Techno Electric & Engineering Company ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Techno Electric & Engineering Company generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Techno Electric & Engineering Company ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Techno Electric & Engineering Company in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Techno Electric & Engineering Company Total Debt

Total debt of Techno Electric & Engineering Company shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Techno Electric & Engineering Company Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Techno Electric & Engineering Company compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Techno Electric & Engineering Company CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Techno Electric & Engineering Company over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Techno Electric & Engineering Company Technical Analysis

Technical analysis of Techno Electric & Engineering Company helps investors get an insight into when they can enter or exit the stock. Key components of Techno Electric & Engineering Company Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Techno Electric & Engineering Company shares often struggle to rise above due to selling pressure.

Techno Electric & Engineering Company Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Techno Electric & Engineering Company ’s financial health and profitability.

Techno Electric & Engineering Company Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Techno Electric & Engineering Company Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Techno Electric & Engineering Company Financials

The financials of Techno Electric & Engineering Company provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Techno Electric & Engineering Company Profit and Loss Statements

The profit and loss statement of Techno Electric & Engineering Company highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Techno Electric & Engineering Company .

Techno Electric & Engineering Company Balance Sheet

The balance sheet presents a snapshot of Techno Electric & Engineering Company ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Techno Electric & Engineering Company Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

Download the App