Techno Electric & Engineering Company Limited
Techno Electric & Engineering Company Limited provides engineering, procurement, and construction (EPC) services to the power generation, transmission, and distribution sectors in India. It offers operates gas insulated, hybrid, and EHV substations; and offers STATCOM installation services, as well as engages in flue gas desulphurization projects. The company also offers metering infrastructure a… Read more
Techno Electric & Engineering Company Limited (TECHNOE) - Net Assets
Latest net assets as of September 2025: ₹38.93 Billion INR
Based on the latest financial reports, Techno Electric & Engineering Company Limited (TECHNOE) has net assets worth ₹38.93 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹54.05 Billion) and total liabilities (₹15.12 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹38.93 Billion |
| % of Total Assets | 72.02% |
| Annual Growth Rate | 21.25% |
| 5-Year Change | 131.38% |
| 10-Year Change | 268.62% |
| Growth Volatility | 27.85 |
Techno Electric & Engineering Company Limited - Net Assets Trend (2007–2025)
This chart illustrates how Techno Electric & Engineering Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Techno Electric & Engineering Company Limited (2007–2025)
The table below shows the annual net assets of Techno Electric & Engineering Company Limited from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹37.40 Billion | +72.97% |
| 2024-03-31 | ₹21.62 Billion | +11.41% |
| 2023-03-31 | ₹19.41 Billion | +5.66% |
| 2022-03-31 | ₹18.37 Billion | +13.64% |
| 2021-03-31 | ₹16.16 Billion | +8.00% |
| 2020-03-31 | ₹14.97 Billion | +4.92% |
| 2019-03-31 | ₹14.26 Billion | +15.78% |
| 2018-03-31 | ₹12.32 Billion | +11.28% |
| 2017-03-31 | ₹11.07 Billion | +9.12% |
| 2016-03-31 | ₹10.14 Billion | +8.55% |
| 2015-03-31 | ₹9.35 Billion | +49.92% |
| 2014-03-31 | ₹6.23 Billion | -20.96% |
| 2013-03-31 | ₹7.89 Billion | +14.92% |
| 2012-03-31 | ₹6.86 Billion | +22.09% |
| 2011-03-31 | ₹5.62 Billion | +21.51% |
| 2010-03-31 | ₹4.63 Billion | +103.07% |
| 2009-03-31 | ₹2.28 Billion | +32.89% |
| 2008-03-31 | ₹1.71 Billion | +47.09% |
| 2007-03-31 | ₹1.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Techno Electric & Engineering Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2464411400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹24.64 Billion | 65.90% |
| Common Stock | ₹232.60 Million | 0.62% |
| Other Comprehensive Income | ₹249.42 Million | 0.67% |
| Other Components | ₹12.27 Billion | 32.81% |
| Total Equity | ₹37.40 Billion | 100.00% |
Techno Electric & Engineering Company Limited Competitors by Market Cap
The table below lists competitors of Techno Electric & Engineering Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fertilizers and Chemicals Travancore Limited
NSE:FACT
|
$631.43 Million |
|
Jiangsu Hengshun Vinegar-Industry Co Ltd
SHG:600305
|
$631.51 Million |
|
Nufarm Limited
PINK:NUFMF
|
$631.57 Million |
|
Conduit Holdings Limited
OTCGREY:CNDHF
|
$631.85 Million |
|
Guizhou Broadcasting&TV Info
SHG:600996
|
$631.31 Million |
|
Schrödinger, Inc.
F:43Z
|
$631.00 Million |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
$630.67 Million |
|
XiAn Tian He Defense Technology Co Ltd
SHE:300397
|
$630.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Techno Electric & Engineering Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,632,070,000 to 37,396,219,000, a change of 15,764,149,000 (72.9%).
- Net income of 4,229,455,000 contributed positively to equity growth.
- Dividend payments of 814,097,000 reduced retained earnings.
- Share repurchases of 12,287,443,000 reduced equity.
- New share issuances of 12,287,443,000 increased equity.
- Other comprehensive income increased equity by 76,039,999.
- Other factors increased equity by 12,272,751,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹4.23 Billion | +11.31% |
| Dividends Paid | ₹814.10 Million | -2.18% |
| Share Repurchases | ₹12.29 Billion | -32.86% |
| Share Issuances | ₹12.29 Billion | +32.86% |
| Other Comprehensive Income | ₹76.04 Million | +0.2% |
| Other Changes | ₹12.27 Billion | +32.82% |
| Total Change | ₹- | 72.87% |
Book Value vs Market Value Analysis
This analysis compares Techno Electric & Engineering Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 100.92x to 3.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₹10.83 | ₹1093.00 | x |
| 2008-03-31 | ₹15.93 | ₹1093.00 | x |
| 2009-03-31 | ₹21.17 | ₹1093.00 | x |
| 2010-03-31 | ₹42.99 | ₹1093.00 | x |
| 2011-03-31 | ₹52.24 | ₹1093.00 | x |
| 2012-03-31 | ₹62.22 | ₹1093.00 | x |
| 2013-03-31 | ₹71.54 | ₹1093.00 | x |
| 2014-03-31 | ₹57.93 | ₹1093.00 | x |
| 2015-03-31 | ₹85.00 | ₹1093.00 | x |
| 2016-03-31 | ₹94.27 | ₹1093.00 | x |
| 2017-03-31 | ₹102.87 | ₹1093.00 | x |
| 2018-03-31 | ₹114.46 | ₹1093.00 | x |
| 2019-03-31 | ₹132.53 | ₹1093.00 | x |
| 2020-03-31 | ₹139.05 | ₹1093.00 | x |
| 2021-03-31 | ₹150.18 | ₹1093.00 | x |
| 2022-03-31 | ₹170.67 | ₹1093.00 | x |
| 2023-03-31 | ₹179.35 | ₹1093.00 | x |
| 2024-03-31 | ₹201.01 | ₹1093.00 | x |
| 2025-03-31 | ₹321.41 | ₹1093.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Techno Electric & Engineering Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.64%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.35x
- Recent ROE (11.31%) is below the historical average (16.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 24.04% | 7.95% | 2.10x | 1.44x | ₹163.65 Million |
| 2008 | 28.62% | 11.42% | 1.67x | 1.50x | ₹319.14 Million |
| 2009 | 27.68% | 12.97% | 1.16x | 1.84x | ₹402.79 Million |
| 2010 | 25.58% | 16.86% | 0.75x | 2.01x | ₹720.82 Million |
| 2011 | 20.06% | 15.74% | 0.54x | 2.37x | ₹565.67 Million |
| 2012 | 18.05% | 14.75% | 0.52x | 2.38x | ₹539.27 Million |
| 2013 | 15.63% | 17.19% | 0.41x | 2.20x | ₹433.56 Million |
| 2014 | 16.86% | 13.24% | 0.83x | 1.54x | ₹427.43 Million |
| 2015 | 11.49% | 13.24% | 0.47x | 1.84x | ₹136.09 Million |
| 2016 | 11.83% | 10.94% | 0.59x | 1.83x | ₹186.08 Million |
| 2017 | 5.04% | 46.31% | 0.06x | 1.72x | ₹-549.61 Million |
| 2018 | 16.70% | 15.89% | 0.67x | 1.56x | ₹824.74 Million |
| 2019 | 13.56% | 19.56% | 0.49x | 1.41x | ₹507.55 Million |
| 2020 | 11.97% | 20.44% | 0.42x | 1.39x | ₹294.51 Million |
| 2021 | 11.25% | 20.44% | 0.40x | 1.36x | ₹201.55 Million |
| 2022 | 14.37% | 26.41% | 0.40x | 1.37x | ₹802.21 Million |
| 2023 | 9.68% | 22.53% | 0.30x | 1.44x | ₹-61.58 Million |
| 2024 | 12.41% | 17.87% | 0.53x | 1.31x | ₹521.37 Million |
| 2025 | 11.31% | 18.64% | 0.45x | 1.35x | ₹489.83 Million |
Industry Comparison
This section compares Techno Electric & Engineering Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $12,268,288,557
- Average return on equity (ROE) among peers: 4.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Techno Electric & Engineering Company Limited (TECHNOE) | ₹38.93 Billion | 24.04% | 0.39x | $631.31 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $11.77 Billion | 6.75% | 0.79x | $18.39 Million |
| ABINFRA (ABINFRA) | $815.46 Million | 14.00% | 0.92x | $1.98K |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $52.62 Billion | 9.25% | 2.25x | $518.63 Million |
| Ahluwalia Contracts (India) Limited (AHLUCONT) | $17.98 Billion | 11.24% | 1.06x | $202.86 Million |
| Akash Infra-Projects Limited (AKASH) | $823.15 Million | 2.82% | 0.82x | $1.17 Million |
| Ashoka Buildcon Limited (ASHOKA) | $24.25 Billion | 20.75% | 6.89x | $166.24 Million |
| Atal Realtech Limited (ATALREAL) | $377.12 Million | 5.69% | 0.53x | $2.54K |
| AXISCADES Technologies Limited (AXISCADES) | $3.44 Billion | -1.52% | 1.63x | $262.35 Million |
| BGR Energy Systems Limited (BGRENERGY) | $5.37 Billion | -34.09% | 8.98x | $119.54 Million |
| B. L. Kashyap and Sons Limited (BLKASHYAP) | $5.24 Billion | 5.25% | 1.89x | $42.74 Million |