Techno Electric & Engineering Company Limited Net Assets
Techno Electric & Engineering Company Limited 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 Techno Electric & Engineering Company Li (TECHNOE) net asset momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Techno Electric & Engineering Company Limited (2007–2026)
Net assets of Techno Electric & Engineering Company Limited from 2007 to 2026. This chart illustrates how Techno Electric & Engineering Company Limited's net assets have evolved over time, based on quarterly financial data. See how leveraged is Techno Electric & Engineering Company Li's balance sheet to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see TECHNOE market cap overview.
| 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.
Techno Electric & Engineering Company Limited Net Assets Breakdown (March 2026)
Techno Electric & Engineering Company Limited net assets breakdown by equity component as of 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 |
|---|---|
|
Alvotech
IC:ALVO
|
$1.07 Billion |
|
Harrow Health Inc
NASDAQ:HROW
|
$1.07 Billion |
|
Vinati Organics Limited
NSE:VINATIORGA
|
$1.07 Billion |
|
Beijing Haitian Ruisheng Science Technology Ltd
SHG:688787
|
$1.07 Billion |
|
Tompkins Financial Corporation
NYSE MKT:TMP
|
$1.07 Billion |
|
HBM HLDGS LTD DL-000025
F:6XY
|
$1.07 Billion |
|
Giant Manufacturing Co Ltd
TW:9921
|
$1.07 Billion |
|
Shenzhen Xinyichang Technology Co. Ltd. A
SHG:688383
|
$1.07 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: 2.38x
- 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 78.49x to 2.38x 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 | Rs850.10 | x |
| 2008-03-31 | Rs15.93 | Rs850.10 | x |
| 2009-03-31 | Rs21.17 | Rs850.10 | x |
| 2010-03-31 | Rs42.99 | Rs850.10 | x |
| 2011-03-31 | Rs52.24 | Rs850.10 | x |
| 2012-03-31 | Rs62.22 | Rs850.10 | x |
| 2013-03-31 | Rs71.54 | Rs850.10 | x |
| 2014-03-31 | Rs57.93 | Rs850.10 | x |
| 2015-03-31 | Rs85.00 | Rs850.10 | x |
| 2016-03-31 | Rs94.27 | Rs850.10 | x |
| 2017-03-31 | Rs102.87 | Rs850.10 | x |
| 2018-03-31 | Rs114.46 | Rs850.10 | x |
| 2019-03-31 | Rs132.53 | Rs850.10 | x |
| 2020-03-31 | Rs139.05 | Rs850.10 | x |
| 2021-03-31 | Rs150.18 | Rs850.10 | x |
| 2022-03-31 | Rs170.67 | Rs850.10 | x |
| 2023-03-31 | Rs179.35 | Rs850.10 | x |
| 2024-03-31 | Rs201.01 | Rs850.10 | x |
| 2025-03-31 | Rs321.41 | Rs850.10 | x |
| 2026-03-31 | Rs357.38 | Rs850.10 | 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: $10,449,482,376
- Average return on equity (ROE) among peers: 3.76%
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 | $1.07 Billion |
| A2Z Infra Engineering Limited (A2ZINFRA) | $409.94 Million | 28.43% | 2.98x | $24.67 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $52.62 Billion | 9.25% | 2.25x | $840.83 Million |
| Akash Infra-Projects Limited (AKASH) | $484.51 Million | 7.59% | 0.45x | $4.30 Million |
| Ashoka Buildcon Limited (ASHOKA) | $24.25 Billion | 20.75% | 6.89x | $304.96 Million |
| AXISCADES Technologies Limited (AXISCADES) | $243.57 Million | 13.90% | 0.26x | $848.03 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $71.78 Million | -65.91% | 6.52x | $138.12 Million |
| Consolidated Construction Consortium Limited (CCCL) | $224.79 Million | 35.50% | 3.03x | $50.54 Million |
| Ceigall India (CEIGALL) | $18.44 Billion | 15.95% | 1.30x | $748.31 Million |
| Dilip Buildcon Limited (DBL) | $7.03 Billion | 11.54% | 6.73x | $668.10 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $722.07 Million | -39.45% | 0.64x | $4.08 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