TECHNOEConstruction

Techno Electric & Engineering Company Limited

Civil Construction · ISIN INE285K01026 · BSE 542141 · NSE EQ · FV ₹2
Last price
₹985
+1.41%today
What this company does

Techno Electric & Engineering Company Limited operates in Civil Construction, part of the Construction sector. It booked ₹630 cr of revenue in its latest quarter (Q1 FY27) and kept 14.8% of sales as profit. It is the 8th largest of 9 Civil Construction companies we track, by market value.

In the report:
59out of 100
Equitytale Health Score
Mixed

Healthier than 59% of companies in Construction, on all six measures of filed financials. Each measure is ranked against the 11–23 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
50

At close. Not part of the score.

Profitability & returns52

How much profit it earns on the money it employs

Balance sheet90

How much it owes, and whether earnings cover the interest

Cash quality30

Whether reported profit actually arrives as cash

Growth & consistency91

Whether sales and profit have grown, and how steadily

Valuation0

What today's price implies, against our models or its peers · lowest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 20% vs last year
Promoters hold 57%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Profit down 31% vs last year
! Operating cash flow is negative

What if I invest in TECHNOE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹985 +1.41%
latest close · 2026-09-17
1-year return
+249.0%
52-wk low ₹22252-wk high ₹1,079
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio30.7High
LowAverageHigh
P/B ratio2.75Moderate
Below bookModerateHigh
EV / EBITDA22.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity9.0%Fair
WeakFairStrong ▸15%
Return on capital10.5%Fair
WeakFairStrong
Net margin14.8%Decent
ThinDecentStrong
EBITDA margin20.4%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.02Comfortable
LowModerateHigh ▸1
Interest cover32.0×Strong
RiskyOkayStrong ▸5×
Current ratio4.06Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹11,452 cr
Book value
₹357
EPS
₹8.02
latest quarter
Net debt
₹19 cr
owes more than its cash
Enterprise value
₹11,471 cr
EBITDA
₹514 cr
annualised
EBIT
₹489 cr
annualised
Operating margin
19.4%
Return on assets
6.3%
Earnings yield
3.26%
P/S
4.54
Sales / share
₹216.8
Tax rate
21.2%
Face value
₹2
Shares
11.6 cr
Working capital
₹3,960 cr
Current assets
₹5,253 cr
Current liabilities
₹1,292 cr
Delivery %
52.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹344₹438, midpoint ₹391

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹630 cr
Other Income₹29 cr
Total Income₹659 cr
Cost of Materials₹467 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹28 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹6 cr
Other Expenses₹36 cr
Total Expenses₹541 cr
Profit before Tax₹118 cr
Tax Expense₹25 cr
Net Profit₹93 cr
Net margin on total income14.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹467 cr70.8%
Employee benefit expense₹28 cr4.3%
Finance costs₹4 cr0.6%
Depreciation & amortisation₹6 cr1.0%
Other expenses₹36 cr5.4%
Tax expense₹25 cr3.8%
Profit for the period₹93 cr14.2%
Total income ₹659 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue872 cr1,010 cr630 cr
Total income904 cr1,042 cr659 cr
Expenses760 cr887 cr541 cr
Profit before tax144 cr155 cr118 cr
Tax25 cr41 cr25 cr
Net profit (owners' share)119 cr115 cr93 cr
Net margin (owners' share, on revenue)13.7%11.3%14.8%
EPS (₹)10.259.858.02
YoY (latest quarter): total income +14.8% · net profit -31.4%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹5,938 cr
Shareholder equity
₹4,157 cr
parent shareholders
Total debt
₹72 cr
Cash
₹53 cr
Cash flow · H1 FY26
Operating
₹-175 cr
Investing
₹276 cr
Financing
₹-92 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,836₹5.28 L cr32.0
Rail Vikas Nigam Limited₹202₹42,055 cr66.3
Kalpataru Projects International Limited₹1,399₹23,900 cr19.3
IRB Infrastructure Developers Limited₹19₹22,767 cr18.9
NBCC (India) Limited₹82₹22,175 cr36.0
Cemindia Projects Limited₹1,255₹21,563 cr38.3
Engineers India Limited₹264₹14,824 cr23.5
Techno Electric & Engineering Company Limitedthis company₹985₹11,452 cr30.7
KEC International Limited₹402₹10,700 cr36.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.71%
trailing 12 months
Dividend / share (TTM)
₹7
Last dividend
₹7
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹7 / share11 Sep 2026
Dividend₹9 / share12 Sep 2025
Dividend₹7 / share13 Sep 2024
Dividend₹6 / share15 Sep 2023
Dividend₹2 / share15 Sep 2022
Dividend₹4 / share20 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
56.9%
FII / Foreign
8.1%
DII / Domestic
21.6%
Retail / others
13.4%
Promoter stake down 4.6% over the last 12 quarters.
Smart-money activity
Bulk / block deals
short · NSE173 Sep 26
short · NSE421 Aug 26
short · NSE2824 Jul 26
Stake changes
SoldDSP Trustee Private Limited on behalf of Schemes of DSP Mutual Fund→ 4.56% · 6,19016 Oct 24
BoughtHDFC Mutual Fund: HDFC Trustee Company Limited A/c- HDFC Balanced Advantage Fund, HDFC Multi Cap Fund→ 5.60% · 11.74 L10 Dec 21
BoughtHDFC Mutual Fund:→ 5.60% · 11.74 L10 Dec 21
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 19 Feb 2026
See the official result
1
APPOINTMENT OF MR. SHAILESH KUMAR MISHRA (DIN 08068256), AS A NON-EXECUTIVE INDEPENDENT DIRECTOR FOR A TERM OF FIVE YEARS.(Special Resolution)
⚑ Passed only because promoters voted yes
Backed by 64% of shareholders other than promotersneeded 75%
2.25 cr votes for, 1.26 cr against · 36% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 12 named members
owning 56.9% between them · as of 2026-06-30
VARANASI COMMERCIAL LTD.21.16%
KUSUM INDUSTRIAL GASES LTD12.55%
TECHNO LEASING AND FINANCE CO. PVT. LTD.11.86%
TECHNO POWER PROJECTS LTD.5.51%
CHECONS LIMITED2.02%
TRIMURTI ASSOCIATES PRIVATE LIMITED1.75%
PRAGYA COMMERCE PRIVATE LIMITED1.23%
RAJ PRABHA GUPTA0.59%
Business done with them
FY2025 · 9 of the group
The company paid ₹37 cr to companies in the promoter group last year — about 1.6% of its ₹2,269 cr revenue.
Varanasi Commercial Ltd
Other payments to them · DIVIDEND
also owns 21.16% of the company
₹17 cr
company paid
Kusum Industrial Gases Ltd
Other payments to them · DIVIDEND
also owns 12.55% of the company
₹10 cr
company paid
Techno Power Projects Ltd
Other payments to them · DIVIDEND
also owns 5.51% of the company
₹4 cr
company paid
Checons Ltd
Other payments to them · DIVIDEND
also owns 2.02% of the company
₹2 cr
company paid
Trimurti Associates Pvt Ltd
Other payments to them · DIVIDEND
also owns 1.75% of the company
₹1 cr
company paid
Pragya Commerce Pvt Ltd
Other payments to them · DIVIDEND
also owns 1.23% of the company
₹1 cr
company paid
Raj Prabha Gupta
Other payments to them · Other Expenses
also owns 0.59% of the company
₹48.4 L
company paid
ANKIT SARAIYA
Other payments to them · REMUNERATION/DIVIDEND
also owns 0.01% of the company
₹39.1 L
company paid
PADAM PRAKASH GUPTA
Other payments to them · DIVIDEND
also owns 0.01% of the company
₹0.42 L
company paid

The company also transacted with 3 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹1,250 cr raised in Jul 2025 by selling shares to large investors

The company has not broken this money down into purposes in its filing for Dec 2025, so there is nothing to measure it against yet. Care Ratings Limited watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.