TECHNOE share price, P/E, ROE & financials

Techno Electric & Engineering Company (TECHNOE) had a P/E of 25.1× on 6 Nov 2026, above the industry P/E of 16.4×, and the shares are 33% below their 52-week high. Its ROCE of 12% is the second-lowest among the 7 largest Engineering & Construction peers, and sales and net profit grew 56% and 36% a year over 3 years. It has almost no debt, and its dividend yield is 0.8%. It is a small-cap company with a market cap of ₹10,798 Cr, ranked 9th of 156 Engineering & Construction companies by market cap; the shares fell 28% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹930.00
Day high: ₹942.75
Day low: ₹923.50
Prev. close: ₹942.75
Volume: 1.9 L

Health check

1 good · 1 fair · 4 to check

ReturnsBehind
−27.7% over a year, better than 2 of 7 peers.
Price tagPricier
P/E 25.1 vs industry 16.4.
GrowthStrong
Sales +56.3%, profit +36.4% a year over 3 years.
ProfitabilityWeak
ROCE 12.5% vs peer median 19.9%.
Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
Red flags3 to check
Quarterly profit down 31.4% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Engineering & Construction

155 listed peers. Screen the industry

Small cap

₹10,798 Cr, #9 of 156 in its industry by size.

Moves with the market

Beta 0.82 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹3,356 Cr · profit ₹431 Cr

Market cap: ₹10,798 Cr; Small cap
P/E: 25.1; Industry 16.4
Price to book: 2.60; Peers 4.92
Dividend yield: 0.75%
ROE: 12.0%; Peers 17.9%
ROCE: 12.5%; Peers 19.9%
Debt to equity: 0.02; Debt ₹72 Cr
EPS (TTM): ₹37.06; Face value ₹2
OPM (TTM): 14.0%; Net margin 12.8%
Sales growth: +19.8%; Latest quarter vs a year ago
Profit growth: −31.4%; Latest quarter vs a year ago
Price to sales: 3.22; EV/EBITDA 18.3

Strengths

Practically debt-free.
Quarterly sales up 19.8% on a year ago.

Risks to check

Quarterly profit down 31.4% on a year ago.
P/E of 25.1 against an industry P/E of 16.4.
33% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Techno Electric & Engineering Company

Techno Electric & Engineering Company Limited provides engineering, procurement, and construction (EPC) services to the power generation, transmission, and distribution sectors in India and internationally. The company operates gas insulated, hybrid, and EHV substations; and offers STATCOM installation services, as well as engages in flue gas desulphurization projects business. It also provides metering infrastructure and IT enabled services. In addition,…

Headquarters: Kolkata
Employees: 703
Sector: Industrials
ISIN: INE285K01026
Website: techno.co.in

Price range

52 weeks

₹802.00₹1,383.90

Today

₹923.50₹942.75

Avg volume (3M): 2 L
1-year return: minus 27.7%
From 52-week high: minus 32.9%

Peers · Engineering & Construction

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
LTLarsen & Toubro	4,117.70	plus 1.67%	5,66,549	31.7	19.6	14.6%	9.6%	1.05	16.1%	plus 3.2%
RVNLRail Vikas Nigam	193.34	minus 0.18%	40,312	44.9	56.9	11.0%	4.3%	0.49	0.2%	minus 40.5%
CEMPROCemindia Projects	1,323.30	plus 2.79%	24,405	36.4	24.2	37.1%	10.4%	0.35	25.5%	plus 49.2%
KPILKalpataru Projects International	1,370.80	minus 0.04%	23,410	19.7	10.1	19.9%	8.3%	0.46	18.4%	plus 4.3%
NBCCNBCC (India)	78.00	minus 2.90%	21,060	26.5	19.8	34.3%	6.1%	0.00	12.9%	minus 29.5%
ENGINERSINEngineers India	292.70	minus 1.94%	16,451	18.3	21.5	28.1%	21.2%	0.00	5.7%	plus 51.1%
WABAGVA Tech Wabag	1,988.20	plus 6.57%	12,434	29.4	20.8	16.3%	10.9%	0.09	9.9%	plus 33.2%
TECHNOETechno Electric & Engineering Company	928.50	minus 1.51%	10,798	25.1	18.6	12.5%	14.0%	0.02	56.3%	minus 27.7%
Median of 7 peers	–	−0.04%	23,410	29.4	20.8	19.9%	9.6%	0.35	12.9%	4.3%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
526	843	872	1,010	630
434	732	746	878	531
92.4	111	126	132	99.5
17.6%	13.2%	14.5%	13.1%	15.8%
48.3	37.5	31.7	32	29.1
2.5	6.8	4.3	5.7	3.8
2.1	2.4	9.4	3.1	6.3
136	140	144	155	118
18.5%	25.5%	17.2%	26.3%	21.2%
136	104	119	115	93.3
11.70	8.94	10.25	9.85	8.02

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +56.3%
Profit CAGR 3Y: +36.4%
EPS CAGR 3Y: +33.6%
ROE: 12.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
827	1,498	2,243	3,160
–	+81.0%	+49.8%	+40.9%
722	1,288	1,900	2,697
105	210	343	463
12.7%	14.0%	15.3%	14.6%
47.7	86.8	63.3	94.9
5.3	10.5	1.3	3.8
24.6	7.8	8.1	17
20	42.8	84.1	38.3
143	321	481	575
32.5%	15.6%	21.3%	22.0%
187	268	423	474
–	+43.7%	+57.5%	+12.0%
17.10	24.94	37.19	40.74

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
21.5	21.5	23.3	23.3
1,909	2,142	3,716	4,134
–	–	39.1	72.5
839	670	1,278	1,709
2,769	2,834	5,056	5,938
176	371	531	589
94.6	295	461	79.1
9.7	6.2	41.1	60.3
1,383	1,179	2,834	2,254
1,106	982	1,189	2,957
2,769	2,834	5,056	5,938

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
93.4	−198	453	−590
12.6	269	−1,630	703
−103	−84.5	1,175	−91.7
2.9	−14	−2.1	21
−65.5	−180	−168	−67.1
27.8	−379	285	−657
−22	−64.6	−81.4	−105

Shareholding pattern

Source: NSE filings

56.9%

promoters

Promoters56.92%
Public43.08%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	56.92%	43.08%	0.00
30 Jun 2026	56.92%	43.08%	0.00
31 Mar 2026	56.92%	43.08%	0.00
31 Dec 2025	56.92%	43.08%	0.00
30 Sep 2025	56.92%	43.08%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you