Techno Electric & Engineering Company Limited (TECHNOE) - Net Assets
Based on the latest financial reports, Techno Electric & Engineering Company Limited (TECHNOE) has net assets worth Rs41.57 Billion INR (≈ $449.55 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs59.38 Billion ≈ $642.23 Million USD) and total liabilities (Rs17.82 Billion ≈ $192.68 Million USD). 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. Also explore balance sheet size of Techno Electric & Engineering Company Li for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs41.57 Billion |
| % of Total Assets | 70.0% |
| Annual Growth Rate | 20.7% |
| 5-Year Change | 126.32% |
| 10-Year Change | 275.5% |
| Growth Volatility | 27.26 |
Techno Electric & Engineering Company Limited - Net Assets Trend (2007–2026)
This chart illustrates how Techno Electric & Engineering Company Limited's net assets have evolved over time, based on quarterly financial data. Check Techno Electric & Engineering Company Li tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Techno Electric & Engineering Company Limited (2007–2026)
The table below shows the annual net assets of Techno Electric & Engineering Company Limited from 2007 to 2026. For live valuation and market cap data, see Techno Electric & Engineering Company Li stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs41.57 Billion ≈ $449.55 Million |
+11.16% |
| 2025-03-31 | Rs37.40 Billion ≈ $404.43 Million |
+72.97% |
| 2024-03-31 | Rs21.62 Billion ≈ $233.81 Million |
+11.41% |
| 2023-03-31 | Rs19.41 Billion ≈ $209.88 Million |
+5.66% |
| 2022-03-31 | Rs18.37 Billion ≈ $198.64 Million |
+13.64% |
| 2021-03-31 | Rs16.16 Billion ≈ $174.79 Million |
+8.00% |
| 2020-03-31 | Rs14.97 Billion ≈ $161.84 Million |
+4.92% |
| 2019-03-31 | Rs14.26 Billion ≈ $154.24 Million |
+15.78% |
| 2018-03-31 | Rs12.32 Billion ≈ $133.22 Million |
+11.28% |
| 2017-03-31 | Rs11.07 Billion ≈ $119.72 Million |
+9.12% |
| 2016-03-31 | Rs10.14 Billion ≈ $109.71 Million |
+8.55% |
| 2015-03-31 | Rs9.35 Billion ≈ $101.08 Million |
+49.92% |
| 2014-03-31 | Rs6.23 Billion ≈ $67.42 Million |
-20.96% |
| 2013-03-31 | Rs7.89 Billion ≈ $85.30 Million |
+14.92% |
| 2012-03-31 | Rs6.86 Billion ≈ $74.23 Million |
+22.09% |
| 2011-03-31 | Rs5.62 Billion ≈ $60.79 Million |
+21.51% |
| 2010-03-31 | Rs4.63 Billion ≈ $50.03 Million |
+103.07% |
| 2009-03-31 | Rs2.28 Billion ≈ $24.64 Million |
+32.89% |
| 2008-03-31 | Rs1.71 Billion ≈ $18.54 Million |
+47.09% |
| 2007-03-31 | Rs1.17 Billion ≈ $12.61 Million |
-- |
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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs232.60 Million | 0.56% |
| Other Components | Rs41.34 Billion | 99.44% |
| Total Equity | Rs41.57 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 |
|---|---|
|
Grupo Televisa S.A.B.
F:TLV
|
$1.23 Billion |
|
Biotage AB
ST:BIOT
|
$1.23 Billion |
|
Treehouse Foods Inc
NYSE:THS
|
$1.23 Billion |
|
Tekfen Holding AS
IS:TKFEN
|
$1.23 Billion |
|
Tourmaline Bio Inc.
NASDAQ:TRML
|
$1.23 Billion |
|
COSMO Pharmaceuticals SA
LSE:0RGI
|
$1.23 Billion |
|
WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust
BK:WHART
|
$1.23 Billion |
|
Guizhou Broadcasting&TV Info
SHG:600996
|
$1.23 Billion |
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 2025 to 2026, total equity changed from 37,396,219,000 to 41,568,550,000, a change of 4,172,331,000 (11.2%).
- Net income of 4,738,670,000 contributed positively to equity growth.
- Dividend payments of 1,046,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 249,423,999.
- Other factors increased equity by 729,784,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.74 Billion | +11.4% |
| Dividends Paid | Rs1.05 Billion | -2.52% |
| Other Comprehensive Income | Rs-249.42 Million | -0.6% |
| Other Changes | Rs729.78 Million | +1.76% |
| Total Change | Rs- | 11.16% |
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: 2.74x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 90.51x to 2.74x 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 | Rs10.83 | Rs980.30 | x |
| 2008-03-31 | Rs15.93 | Rs980.30 | x |
| 2009-03-31 | Rs21.17 | Rs980.30 | x |
| 2010-03-31 | Rs42.99 | Rs980.30 | x |
| 2011-03-31 | Rs52.24 | Rs980.30 | x |
| 2012-03-31 | Rs62.22 | Rs980.30 | x |
| 2013-03-31 | Rs71.54 | Rs980.30 | x |
| 2014-03-31 | Rs57.93 | Rs980.30 | x |
| 2015-03-31 | Rs85.00 | Rs980.30 | x |
| 2016-03-31 | Rs94.27 | Rs980.30 | x |
| 2017-03-31 | Rs102.87 | Rs980.30 | x |
| 2018-03-31 | Rs114.46 | Rs980.30 | x |
| 2019-03-31 | Rs132.53 | Rs980.30 | x |
| 2020-03-31 | Rs139.05 | Rs980.30 | x |
| 2021-03-31 | Rs150.18 | Rs980.30 | x |
| 2022-03-31 | Rs170.67 | Rs980.30 | x |
| 2023-03-31 | Rs179.35 | Rs980.30 | x |
| 2024-03-31 | Rs201.01 | Rs980.30 | x |
| 2025-03-31 | Rs321.41 | Rs980.30 | x |
| 2026-03-31 | Rs357.38 | Rs980.30 | 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): 11.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.57%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.43x
- Recent ROE (11.40%) is below the historical average (15.88%), 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 | Rs163.65 Million |
| 2008 | 28.62% | 11.42% | 1.67x | 1.50x | Rs319.14 Million |
| 2009 | 27.68% | 12.97% | 1.16x | 1.84x | Rs402.79 Million |
| 2010 | 25.58% | 16.86% | 0.75x | 2.01x | Rs720.82 Million |
| 2011 | 20.06% | 15.74% | 0.54x | 2.37x | Rs565.67 Million |
| 2012 | 18.05% | 14.75% | 0.52x | 2.38x | Rs539.27 Million |
| 2013 | 15.63% | 17.19% | 0.41x | 2.20x | Rs433.56 Million |
| 2014 | 16.86% | 13.24% | 0.83x | 1.54x | Rs427.43 Million |
| 2015 | 11.49% | 13.24% | 0.47x | 1.84x | Rs136.09 Million |
| 2016 | 11.83% | 10.94% | 0.59x | 1.83x | Rs186.08 Million |
| 2017 | 5.04% | 46.31% | 0.06x | 1.72x | Rs-549.61 Million |
| 2018 | 16.70% | 15.89% | 0.67x | 1.56x | Rs824.74 Million |
| 2019 | 13.56% | 19.56% | 0.49x | 1.41x | Rs507.55 Million |
| 2020 | 11.97% | 20.44% | 0.42x | 1.39x | Rs294.51 Million |
| 2021 | 11.25% | 20.44% | 0.40x | 1.36x | Rs201.55 Million |
| 2022 | 14.37% | 26.41% | 0.40x | 1.37x | Rs802.21 Million |
| 2023 | 9.68% | 22.53% | 0.30x | 1.44x | Rs-61.58 Million |
| 2024 | 12.41% | 17.87% | 0.53x | 1.31x | Rs521.37 Million |
| 2025 | 11.31% | 18.64% | 0.45x | 1.35x | Rs489.83 Million |
| 2026 | 11.40% | 14.57% | 0.55x | 1.43x | Rs581.82 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: $15,788,654,526
- Average return on equity (ROE) among peers: 255.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Techno Electric & Engineering Company Limited (TECHNOE) | Rs41.57 Billion | 24.04% | 0.43x | $1.23 Billion |
| A2Z Infra Engineering Limited (A2ZINFRA) | $11.50 Billion | -9.20% | 1.49x | $29.62 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $52.62 Billion | 9.25% | 2.25x | $1.08 Billion |
| Akash Infra-Projects Limited (AKASH) | $445.41 Million | 21.94% | 1.00x | $4.87 Million |
| Ashoka Buildcon Limited (ASHOKA) | $2.73 Billion | 5.27% | 1.15x | $367.62 Million |
| AXISCADES Technologies Limited (AXISCADES) | $1.03 Billion | 15.50% | 0.70x | $714.31 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $15.17 Billion | 7.93% | 1.08x | $196.44 Million |
| Consolidated Construction Consortium Limited (CCCL) | $275.93 Million | 2437.47% | 18.65x | $74.84 Million |
| Ceigall India (CEIGALL) | $21.46 Billion | 14.53% | 1.57x | $645.73 Million |
| Dilip Buildcon Limited (DBL) | $52.55 Billion | 12.19% | 2.75x | $754.01 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $99.06 Million | 36.26% | 2.08x | $5.04 Million |
About 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