Techno Electric FY26 profit rises 26.5%; Q4 EBITDA at ₹1.3B

2 min read     Updated on 27 May 2026, 09:14 PM
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Techno Electric reported a 26.5% rise in FY26 standalone net profit to ₹5,419.37 million, with revenue increasing to ₹32,524.77 million. The Board recommended a final dividend of ₹7 per share. Auditors flagged overdue receivables of ₹885.28 million, while the company noted an uncaptured impact of ₹4.14 per share on Consolidated EPS.

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Techno Electric & Engineering Company Limited reported a 26.5% increase in standalone net profit to ₹5,419.37 million for the year ended March 31, 2026, compared to ₹4,281.04 million in the previous year. Revenue from operations for the year rose to ₹32,524.77 million from ₹24,017.36 million in FY25. The Board of Directors has recommended a final dividend of ₹7 per equity share of face value ₹2 for the financial year 2025-26, subject to shareholder approval. The company published extracts of the audited financial results in Business Standard and Pioneer newspapers on May 26, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The audited standalone and consolidated financial results were approved by the Board at its meeting held on May 25, 2026. Statutory auditors Walker Chandiok & Co LLP issued an unmodified opinion on the results. However, the auditors drew attention to trade receivables and other financial assets aggregating to ₹885.28 million, which are substantially overdue. The company believes these amounts are fully recoverable based on internal assessments and legal opinions, and thus no provision for impairment has been recognized.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a standalone net profit of ₹1.43B, compared to ₹1.32B in the same period last year, while quarterly revenue stood at ₹10.4B versus ₹8B in the prior year period. Q4 EBITDA came in at ₹1.3B compared to ₹1.03B year-on-year, with EBITDA margin steady at 12.64% in both periods. Total income for the full year grew to ₹34,507.44 million, while total expenses increased to ₹28,600.64 million.

The following table summarises the company's key financial metrics:

Metric: FY26 (₹ millions) FY25 (₹ millions) Change
Revenue from Operations: 32,524.77 24,017.36 Increase
Total Income: 34,507.44 25,772.98 Increase
Total Expenses: 28,600.64 20,915.80 Increase
Net Profit: 5,419.37 4,281.04 26.5% Increase
Earnings Per Share (Basic): 46.60 37.65 Increase

The following table highlights the Q4 performance:

Metric: Q4 FY26 Q4 FY25
Revenue: ₹10.4B ₹8B
Net Profit: ₹1.43B ₹1.32B
EBITDA: ₹1.3B ₹1.03B
EBITDA Margin: 12.64% 12.64%

Auditor's Emphasis and Notes

The auditors' report highlighted that the overdue receivables primarily relate to a project for Bengal Energy Limited (BEL) and a terminated project in Afghanistan. The BEL project, completed in 2012, has an outstanding receivable of ₹118.26 million under arbitration. The Afghanistan project receivables total ₹589.82 million, which the company expects to recover following approval by the United Nations Office for Project Services (UNOPS) and payment by the Asian Development Bank (ADB).

Additionally, the company has recognized a profit of ₹336.31 million from discontinued operations during the quarter ended June 2025, related to a Late Payment Surcharge from the sale of energy. The Board also approved the annual accounts for the year ended March 31, 2026. Pursuant to Ind AS 33, the reported Consolidated EPS of ₹40.74 does not reflect an uncaptured incremental impact of ₹4.14 per share. Had this impact been incorporated, the effective Consolidated EPS would have been ₹44.88, as compared to the Standalone EPS of ₹46.60.

Historical Stock Returns for Techno Electric & Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-0.79%-6.50%-20.89%-8.10%-33.02%+190.32%

What is the expected timeline for the resolution of the ₹589.82 million Afghanistan project receivables pending UNOPS and ADB approvals?

How will the company mitigate the risk associated with the ₹885.28 million in overdue trade receivables if legal recovery efforts for the BEL and Afghanistan projects face further delays?

Will the strong revenue growth and steady EBITDA margins in FY26 drive increased capital expenditure or new project acquisitions in the coming fiscal year?

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Techno Electric & Engineering Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 10 Apr 2026, 04:19 PM
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Techno Electric & Engineering Company Limited has submitted its mandatory SEBI certificate under Regulation 74(5) for Q4 FY26 ended March 31, 2026. The certificate, issued by RTA Niche Technologies Private Limited on April 6, 2026, confirms proper processing of all securities dematerialisation during the quarter. The submission to NSE and BSE on April 10, 2026, demonstrates the company's regulatory compliance and adherence to securities market governance standards.

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Techno electric & engineering Company Limited has fulfilled its regulatory obligations by submitting the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company communicated this compliance to both the National Stock Exchange of India Limited and BSE Limited on April 10, 2026.

Regulatory Compliance Details

The certificate submission confirms that the company's Registrar and Share Transfer Agent (RTA) has verified all dematerialisation processes during the specified quarter. The documentation ensures compliance with securities market regulations governing the conversion of physical share certificates to electronic form.

Parameter: Details
Reporting Quarter: March 31, 2026
Certificate Date: April 6, 2026
Submission Date: April 10, 2026
RTA: Niche Technologies Private Limited

RTA Confirmation Process

Niche Technologies Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the certificate on April 6, 2026. The RTA confirmed that all securities received from depository participants for dematerialisation during Q4 FY26 were properly processed according to regulatory standards.

The certification process involved several key verification steps:

  • Securities received from depository participants were confirmed to depositories
  • All securities included in the certificate are listed on stock exchanges where earlier issued securities are traded
  • Physical security certificates received for dematerialisation were mutilated and cancelled after verification
  • Depository names were substituted in the company's register of members as registered owners

Corporate Communication

The company secretary, N. Brahma (Membership No. A11652), signed the communication to both stock exchanges. The submission included the original certificate from Niche Technologies Private Limited in the prescribed format, ensuring full regulatory compliance.

This routine regulatory filing demonstrates the company's commitment to maintaining proper corporate governance standards and adherence to SEBI regulations governing securities dematerialisation processes.

Historical Stock Returns for Techno Electric & Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-0.79%-6.50%-20.89%-8.10%-33.02%+190.32%

Will Techno Electric continue using Niche Technologies as their RTA, or are they considering switching to larger service providers?

How might upcoming SEBI regulatory changes in 2026-27 impact the company's dematerialisation compliance processes?

What percentage of Techno Electric's shares remain in physical form, and when might full dematerialisation be achieved?

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