---
title: "Tecpro Systems Ltd (TECPRO) — Share Price, Financials & Analysis"
symbol: "TECPRO"
company: "Tecpro Systems Ltd"
canonical: "https://tapetide.com/stocks/TECPRO"
sector: "Industrials"
industry: "Industrial Manufacturing"
generated_at: "2026-10-13T10:58:46.632Z"
---

# Tecpro Systems Ltd (TECPRO)

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

## Company

- **Sector:** Industrials
- **Industry:** Industrial Manufacturing
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2010-10-12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tecprosystems.com

## About

Tecpro Systems is an engineering company primarily engaged in designing, engineering,manufacturing, supply, installation and erection of material handling systems, power plants including balance of plant packages in power sector.

## Latest Price

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -28.4% over past five years.
- Contingent liabilities of Rs.942 Cr.
- Company has high debtors of 2,936 days.
- Working capital days have increased from 1,638 days to 3,437 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -69% | — | — |
| revenue growth | 4% | -52% | -28% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 861 | 309 | 235 | 187 | 132 | 46 | 70 | 37 | 120 | 41 | 64 | 72 |
| Expenses | 761 | 267 | 252 | 194 | 207 | 83 | 103 | 108 | 319 | 114 | 136 | 158 |
| Operating Profit | 100 | 42 | -18 | -7 | -74 | -37 | -33 | -71 | -198 | -73 | -72 | -86 |
| OPM % | 12 | 13 | -8 | -3.5 | -56 | -79 | -48 | -189 | -165 | -177 | -112 | -119 |
| Other Income | 0 | 0 | 0 | 0 | -1 | 1 | 0 | -1 | 0 | 0 | 0 | 0 |
| Interest | 88 | 97 | 125 | 117 | 150 | 140 | 136 | 151 | 296 | 196 | 221 | 217 |
| Depreciation | 6 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 5 | 4 | 4 | 4 |
| Profit before tax | 6 | -60 | -147 | -128 | -231 | -181 | -173 | -226 | -499 | -273 | -297 | -307 |
| Tax % | 33 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 4 | -60 | -147 | -128 | -233 | -181 | -173 | -226 | -499 | -273 | -297 | -307 |
| EPS in Rs | 0.85 | -11.9 | -29.14 | -25.34 | -46.14 | -35.79 | -34.35 | -44.78 | -98.94 | -54.07 | -58.86 | -60.79 |

### Profit & Loss

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 230 | 482 | 707 | 1455 | 1971 | 2530 | 2610 | 863 | 273 | 298 |
| Expenses | 193 | 413 | 618 | 1229 | 1642 | 2136 | 2251 | 919 | 612 | 726 |
| Operating Profit | 37 | 69 | 89 | 226 | 329 | 394 | 360 | -57 | -339 | -429 |
| OPM % | 16 | 14 | 13 | 16 | 17 | 16 | 14 | -7 | -124 | -144 |
| Other Income | 1 | 4 | 9 | 21 | 14 | 11 | 4 | 0 | 1 | 0 |
| Interest | 4 | 4 | 13 | 71 | 123 | 197 | 301 | 489 | 723 | 930 |
| Depreciation | 1 | 2 | 3 | 7 | 10 | 13 | 20 | 20 | 19 | 18 |
| Profit before tax | 34 | 66 | 82 | 168 | 210 | 195 | 43 | -566 | -1080 | -1376 |
| Tax % | 38 | 38 | 38 | 35 | 35 | 36 | 32 | 0 | 0 | — |
| Net Profit | 21 | 41 | 51 | 110 | 136 | 125 | 29 | -568 | -1080 | -1376 |
| EPS in Rs | — | — | — | — | 26.99 | 24.75 | 5.72 | -112.52 | -213.97 | -272.66 |
| Dividend Payout % | 42 | 45 | 27 | 12 | 11 | 12 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Sep 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 13 | 27 | 28 | 44 | 50 | 50 | 50 | 50 | 50 | 50 |
| Reserves | 38 | 75 | 132 | 308 | 628 | 714 | 739 | 170 | -917 | -1487 |
| Borrowings | 23 | 29 | 100 | 487 | 746 | 1355 | 2122 | 3552 | 4968 | 5204 |
| Other Liabilities | 110 | 235 | 458 | 782 | 1439 | 1998 | 2099 | 1607 | 1606 | 1889 |
| Total Liabilities | 183 | 365 | 718 | 1621 | 2863 | 4117 | 5010 | 5380 | 5708 | 5657 |
| Fixed Assets | 15 | 21 | 27 | 121 | 133 | 239 | 288 | 275 | 249 | 240 |
| CWIP | 5 | 22 | 54 | 11 | 25 | 32 | 45 | 66 | 66 | 66 |
| Investments | 15 | 16 | 23 | 9 | 37 | 22 | 18 | 18 | 7 | 8 |
| Other Assets | 149 | 307 | 614 | 1480 | 2668 | 3824 | 4660 | 5021 | 5386 | 5343 |
| Total Assets | 183 | 365 | 718 | 1621 | 2863 | 4117 | 5010 | 5380 | 5708 | 5657 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -2 | 13 | 15 | 36 | -200 | -176 | -377 | -643 | -976 | -509 |
| Cash from Investing Activity | -6 | -24 | -25 | -44 | -3 | -70 | -113 | 60 | -23 | 1 |
| Cash from Financing Activity | 19 | 22 | 25 | 63 | 289 | 359 | 434 | 498 | 983 | 502 |
| Net Cash Flow | 11 | 11 | 15 | 56 | 87 | 113 | -56 | -85 | -17 | -6 |
| Free Cash Flow | -8 | 3 | -10 | -6 | -243 | -215 | -476 | -718 | -1000 | -509 |
| CFO/OP | 9 | 50 | 41 | 71 | -61 | -32 | -76 | -167 | 1714 | 150 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 118 | 149 | 168 | 200 | 230 | 217 | 238 | 350 | 1057 | 2936 |
| Inventory Days | 59 | 57 | 37 | 61 | 46 | 52 | 55 | 44 | 143 | 171 |
| Days Payable | 143 | 201 | 177 | 283 | 264 | 335 | 340 | 292 | 616 | 960 |
| Cash Conversion Cycle | 34 | 6 | 27 | -22 | 12 | -66 | -46 | 101 | 584 | 2148 |
| Working Capital Days | 34 | 23 | 25 | 31 | 129 | 112 | 126 | 290 | 1189 | 3437 |
| ROCE % | — | 69 | 69 | 49 | 44 | 29 | 22 | 14 | -2 | -9 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-01-25 | [Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=739E9965_D69C_4EFF_9CF6_5F15C37F0E0B_164130.pdf) |
| 2018-01-25 | [Updates](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/1/739E9965_D69C_4EFF_9CF6_5F15C37F0E0B_164130.pdf) |
| 2016-07-14 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=FE0D1EFD_8C7D_4AFE_9E85_14CB116FC34C_124411.pdf) |
| 2016-07-14 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/7/FE0D1EFD_8C7D_4AFE_9E85_14CB116FC34C_124411.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/533266/5332660315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/533266/5332660314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/533266/5332660313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/533266/5332660312.pdf) |
| 2012 | [Annual Report 2012](https://archives.nseindia.com/annual_reports/AR_TECPRO_2011_2012_24072012102533.zip) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/533266/5332660311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/533266/5332660310.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-08-12 | Credit rating update — CRISIL |
| 2025-08-14 | Credit rating update — CRISIL |
| 2024-08-22 | Credit rating update — CRISIL |
| 2023-08-30 | Credit rating update — CRISIL |
| 2022-09-19 | Credit rating update — CRISIL |
| 2021-10-29 | Credit rating update — CRISIL |
| 2020-10-27 | Credit rating update — CRISIL |

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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 2026-10-13T10:58:46.632Z.