---
title: "Techno Electric & Engineering Company Ltd (Merged) (TECHNO) — Share Price, Financials & Analysis"
symbol: "TECHNO"
company: "Techno Electric & Engineering Company Ltd (Merged)"
canonical: "https://tapetide.com/stocks/TECHNO"
nse_symbol: "TECHNO"
generated_at: "2026-10-13T10:58:23.974Z"
---

# Techno Electric & Engineering Company Ltd (Merged) (TECHNO)

Canonical page: https://tapetide.com/stocks/TECHNO

## Company

- **NSE Symbol:** TECHNO
- **Stock Type:** DELISTED
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** techno.co.in

## About

Techno Electric & Engineering Company Limited is a leading provider of high quality engineering, procurement and construction services to Indias core sector industries; both in the public and private domain.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 123 days to 83.8 days

### Weaknesses

- Company has a low return on equity of 12.3% over last 3 years.
- Company has high debtors of 154 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 7% | 25% | 7% |
| revenue growth | -5% | 24% | 11% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 201 | 253 | 317 | 326 | 271 | 368 | 356 | 362 | 412 | 254 | 302 | 326 |
| Expenses | 154 | 170 | 276 | 274 | 200 | 256 | 281 | 308 | 311 | 177 | 228 | 284 |
| Operating Profit | 48 | 83 | 40 | 52 | 71 | 112 | 75 | 54 | 102 | 77 | 74 | 42 |
| OPM % | 24 | 33 | 13 | 16 | 26 | 30 | 21 | 15 | 25 | 30 | 24 | 13 |
| Other Income | 29 | 6 | 16 | 10 | 8 | 6 | 5 | 30 | 11 | 11 | 2 | 13 |
| Interest | 11 | 10 | 12 | 11 | 9 | 13 | 8 | 8 | 9 | 6 | 4 | 5 |
| Depreciation | 12 | 12 | 12 | 14 | 13 | 13 | 13 | 11 | 11 | 11 | 11 | 11 |
| Profit before tax | 54 | 67 | 33 | 36 | 56 | 92 | 59 | 66 | 94 | 71 | 61 | 39 |
| Tax % | 29 | 37 | 14 | 73 | 15 | 22 | 31 | 55 | 26 | 15 | 28 | 32 |
| Net Profit | 38 | 45 | 30 | 8 | 48 | 71 | 41 | 33 | 69 | 60 | 43 | 33 |
| EPS in Rs | 3.31 | 3.9 | 2.59 | 0.71 | 4.2 | 6.18 | 3.58 | 2.91 | 6.12 | 5.33 | 3.85 | 2.96 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 691 | 708 | 805 | 692 | 695 | 783 | 1078 | 1330 | 1294 |
| Expenses | 551 | 543 | 582 | 453 | 497 | 571 | 856 | 1016 | 1000 |
| Operating Profit | 141 | 165 | 224 | 239 | 198 | 212 | 222 | 314 | 294 |
| OPM % | 20 | 23 | 28 | 34 | 28 | 27 | 21 | 24 | 23 |
| Other Income | 57 | 32 | 22 | 21 | 12 | 20 | 65 | 52 | 37 |
| Interest | 26 | 28 | 45 | 56 | 51 | 47 | 46 | 38 | 24 |
| Depreciation | 30 | 31 | 56 | 65 | 67 | 60 | 49 | 51 | 42 |
| Profit before tax | 141 | 138 | 145 | 138 | 92 | 125 | 192 | 276 | 265 |
| Tax % | 16 | 18 | 16 | 11 | 4 | 15 | 38 | 30 | — |
| Net Profit | 118 | 113 | 122 | 122 | 89 | 106 | 120 | 193 | 206 |
| EPS in Rs | — | 9.88 | 10.59 | 10.54 | 7.66 | 9.2 | 10.51 | 16.88 | 18.26 |
| Dividend Payout % | 10 | 10 | 14 | 14 | 20 | 22 | 24 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 23 |
| Reserves | 451 | 551 | 658 | 759 | 826 | 903 | 916 | 1084 |
| Borrowings | 247 | 290 | 623 | 668 | 608 | 565 | 512 | 303 |
| Other Liabilities | 223 | 478 | 298 | 256 | 205 | 202 | 415 | 497 |
| Total Liabilities | 932 | 1330 | 1591 | 1693 | 1650 | 1681 | 1855 | 1906 |
| Fixed Assets | 553 | 613 | 1150 | 1103 | 1069 | 1021 | 824 | 649 |
| CWIP | 0 | 248 | 1 | 1 | 4 | 4 | 0 | 0 |
| Investments | 50 | 39 | 53 | 65 | 187 | 135 | 156 | 466 |
| Other Assets | 329 | 430 | 387 | 525 | 390 | 522 | 875 | 792 |
| Total Assets | 932 | 1330 | 1591 | 1693 | 1650 | 1681 | 1855 | 1906 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -136 | 139 | 100 | 103 | 261 | 44 | 33 | 389 |
| Cash from Investing Activity | -49 | -135 | -396 | -6 | -113 | 66 | 198 | -185 |
| Cash from Financing Activity | 159 | 6 | 288 | -43 | -171 | -133 | -145 | -213 |
| Net Cash Flow | -27 | 10 | -7 | 54 | -24 | -23 | 85 | -9 |
| Free Cash Flow | -130 | -82 | -303 | 83 | 255 | 43 | 225 | 533 |
| CFO/OP | -76 | 100 | 58 | 54 | 138 | 32 | 28 | 146 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 27 | 87 | 113 | 161 | 108 | 161 | 168 | 154 |
| Inventory Days | 5 | 7 | 2 | 2 | 10 | 5 | 18 | 0 |
| Days Payable | 49 | 245 | 102 | 104 | 91 | 99 | 134 | 133 |
| Cash Conversion Cycle | -17 | -152 | 13 | 59 | 27 | 66 | 51 | 20 |
| Working Capital Days | 49 | -21 | 84 | 147 | 94 | 139 | 148 | 84 |
| ROCE % | — | 21 | 17 | 14 | 10 | 11 | 12 | 20 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- |
| Promoters | 57.98% | 58.75% | 58.75% |
| FIIs | 5.29% | 1.53% | 1.47% |
| DIIs | 17.91% | 22.26% | 22.61% |
| Public | 18.82% | 17.46% | 17.17% |
| No. of Shareholders | 13266 | 13712 | 13020 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 57.98% | 57.98% | 57.98% | 57.98% | 58.75% | 58.75% | 58.75% | 58.75% | 58.75% |
| FIIs | 7.89% | 9.34% | 8.41% | 5.29% | 4.88% | 4.59% | 4.14% | 1.53% | 1.47% |
| DIIs | 17.97% | 16.53% | 15.27% | 17.91% | 17.84% | 17.52% | 18.13% | 22.26% | 22.61% |
| Public | 16.16% | 16.16% | 18.34% | 18.82% | 18.53% | 19.14% | 18.98% | 17.46% | 17.17% |
| No. of Shareholders | 3864 | 5774 | 12108 | 13266 | 12963 | 14082 | 13289 | 13712 | 13020 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 6 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 267.65 | Sell |
| EMA (10) | 269.27 | Sell |
| SMA (20) | 259.93 | Buy |
| EMA (20) | 266.36 | Sell |
| SMA (50) | 275.42 | Sell |
| EMA (50) | 278.41 | Sell |
| SMA (100) | 311.78 | Sell |
| EMA (100) | 301.94 | Sell |
| SMA (200) | 346.06 | Sell |
| EMA (200) | 328.29 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.04 | Neutral |
| MACD (12,26,9) | 0.63 | Buy |
| Stochastic (14,3,3) | 50.96 | Neutral |
| ADX (14) | 30.11 | Buy |
| Williams %R (14) | -62.64 | Neutral |
| ATR (14) | 17.91 | High Volatility |
| ROC (12) | 8.65 | Buy |
| Stoch RSI (14) | 63.15 | Neutral |
| UO (7,14,28) | 49.06 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-08-09 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=E18164FF_E499_42FF_A3E9_D88C6274C0C1_172831.pdf) |
| 2018-08-09 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/E18164FF_E499_42FF_A3E9_D88C6274C0C1_172831.pdf) |
| 2018-08-02 | [Intent To Place Buyback Proposal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2f23fce-2954-4fe7-8df3-6a3b0a468534.pdf) |
| 2018-08-02 | [Intent To Place Buyback Proposal](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/f2f23fce-2954-4fe7-8df3-6a3b0a468534.pdf) |
| 2018-08-01 | [Revised Record Date for Scheme of Amalgamation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=CAC6763A_ADC0_4BCC_B63C_C85B525AA73A_155155.pdf) |
| 2018-08-01 | [Revised Record Date for Scheme of Amalgamation](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/CAC6763A_ADC0_4BCC_B63C_C85B525AA73A_155155.pdf) |
| 2018-07-30 | [Board Meeting Intimation for Pursuant To Regulation 29 Of The SEBI (LODR) Regulations 2015, Notice Is Hereby Given That A Meeting Of The Board Of The Company Will Be Held On Friday, The 10Th Day Of August, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd64c2a6-1d1e-47f1-bc03-2422a9b44222.pdf) |
| 2018-07-30 | [Corporate Action-Updates on Amalgamation/ Merger / Demerger](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cdb76001-f827-4cf1-901e-93ba0d3e33d6.pdf) |
| 2018-07-30 | [Board Meeting Intimation for Pursuant To Regulation 29 Of The SEBI (LODR) Regulations 2015, Notice Is Hereby Given That A Meeting Of The Board Of The Company Will Be Held On Friday, The 10Th Day Of August, 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/7/fd64c2a6-1d1e-47f1-bc03-2422a9b44222.pdf) |
| 2018-07-30 | [Corporate Action-Updates on Amalgamation/ Merger / Demerger](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/7/cdb76001-f827-4cf1-901e-93ba0d3e33d6.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/533281/5332810317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/533281/5332810316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/533281/5332810315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/533281/5332810314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/533281/5332810313.pdf) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_623_TECHNO_2012_2013_18072013134837.zip) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/533281/5332810312.pdf) |
| 2012 | [Annual Report 2012](https://archives.nseindia.com/annual_reports/AR_TECHNO_2011_2012_24072012102358.zip) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/533281/5332810311.pdf) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_TECHNO_2010_2011_12092011054040.zip) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2018-05-09 | Credit rating update — ICRA |
| 2018-04-20 | Credit rating update — ICRA |
| 2017-07-12 | Credit rating update — ICRA |
| 2017-03-06 | Credit rating update — ICRA |
| 2016-03-02 | Credit rating update — ICRA |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:23.974Z.