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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Techno Electric & Engineering Company Limited is an India-based power-infrastructure company. The Company is engaged in engineering, procurement, and construction (EPC) services across power generation, transmission, and distribution, catering to diverse industries. The…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, fast-growing business, trading cheap versus its own history — but flagged on governance.
Techno Electric & Engineering is scored on the general / industrial framework. It keeps a healthy 13.9% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -1.24×) — worth a closer look. Free cash flow is worth about 1.0% of its market value.
Over the last 3 years revenue compounded at 56%/yr and profit at 36%/yr. Book value itself has compounded 29%/yr — the hallmark of a genuine compounder. Return on equity is a modest 11.4%. In the latest quarter profit fell 19% versus the prior quarter.
At 23× earnings, the stock sits at the 8th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~12%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-0.18 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 25.08 | 22.44 | worse |
| P/B | 2.6 | 2.58 | worse |
| EV/EBITDA | 18.2 | 29.45 | better |
| ROE | 11.4 | 6.27 | better |
| ROCE | 13.41 | 29.51 | worse |
| ROA | 7.26 | 3.35 | better |
| Quick Ratio | 4.06 | 11.27 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Larsen & Toubro | 27.1 | 5.0 | 15.8% |
| RVNL | 44.7 | 4.1 | 8.9% |
| ACME Solar Holdings | 36.9 | 3.3 | 9.1% |
Revenue has grown every year across all 4 financial years shown. 56% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Revenue is outpacing profit (56% vs 36%) — costs are rising faster than the top line.
Operating margins have been stable around 17% — no major structural shift. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 11% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 6pp across the window.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (36% vs 34%) — share dilution is eroding per-share value. 34% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 37% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (37% spread) — likely seasonality, lumpy orders, or project-based revenue.
Profit fell 18% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (12% → 14%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 56.9% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.