Ashish Kacholia Acquires 4.8% Stake in TechEra Engineering for ₹14.3 Crore
Ashish Kacholia has acquired a 4.8% stake in TechEra Engineering (India) Limited for ₹14.3 crore, split between Survayanshi Commotrade Private Limited (2.7%) and direct holding (2.1%). The aerospace and defense company showed strong financial performance with 38% revenue growth from ₹17.58 crore to ₹24.30 crore and turned profitable with ₹1.31 crore net profit. TechEra operates from a 78,000 sq. ft. facility and has manufactured over 3,000 aerospace tooling systems across 600+ turnkey projects.
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Prominent investor Ashish Kacholia has made a strategic investment in the aerospace and defense sector by acquiring a fresh 4.8% stake in TechEra Engineering (India) Limited. The investment, worth ₹14.3 crore for 798,400 shares, was completed during the December quarter and has generated significant market interest.
Investment Details and Market Response
The 4.8% stake acquisition is structured through two entities, providing Kacholia with strategic positioning in the micro-cap defense company.
| Investment Structure: | Details |
|---|---|
| Total Investment: | ₹14.3 crore |
| Total Shares: | 798,400 units |
| Total Stake: | 4.8% |
| Survayanshi Commotrade Pvt Ltd: | ₹8.0 crore (449,600 shares, 2.7%) |
| Ashish Kacholia Direct: | ₹6.2 crore (348,800 shares, 2.1%) |
Following the investment announcement, TechEra Engineering's shares responded positively, hitting a 5% upper circuit and reaching a high of ₹178.50 compared to the previous close of ₹170.00. The company currently maintains a market capitalization of ₹294.90 crore.
Strong Financial Performance
TechEra Engineering has demonstrated robust financial growth, showing significant improvement across key metrics during the recent reporting period.
| Financial Metrics: | September 2024 | September 2025 | Change |
|---|---|---|---|
| Revenue: | ₹17.58 crore | ₹24.30 crore | +38% |
| Net Profit/Loss: | -₹1.23 crore | +₹1.31 crore | Turnaround |
| ROCE: | - | 13.3% | - |
| ROE: | - | 10.2% | - |
| Debt-to-Equity Ratio: | - | 0.48 | - |
| Debtor Days: | 133 days | 104 days | -29 days |
The company's transformation from a net loss of ₹1.23 crore to a profit of ₹1.31 crore demonstrates operational efficiency improvements. Additionally, the reduction in debtor days from 133 to 104 days indicates enhanced receivables collection efficiency.
Business Operations and Capabilities
TechEra Engineering specializes in designing, manufacturing, and supplying precision tooling, components, and automation solutions for the aerospace and defense industries. The company operates across three key segments: defense, aerospace, and automation, with particular focus on manufacturing tooling systems critical to aircraft production.
| Operational Highlights: | Details |
|---|---|
| Facility Size: | 78,000 sq. ft. (7,000 sq. m) |
| Manufacturing & QC Area: | 20,000 sq. ft. |
| Assembly & Integration: | 18,000 sq. ft. |
| Aerospace Tooling Systems: | 3,000+ manufactured |
| Turnkey Projects: | 600+ executed |
| Workforce: | 185+ skilled professionals |
Over the past seven years, TechEra has evolved its offerings from individual components to comprehensive solutions, progressing through small fixtures, larger fixtures, and ultimately supporting insourcing efforts within major Public Sector Undertakings plants. The company manufactures jigs, fixtures, and related ground and production equipment essential for aircraft production.
Additional Investment Activity
Alongside the TechEra Engineering investment, Ashish Kacholia also made a fresh investment in Adcounty Media, investing ₹7.7 crore to acquire 656,000 shares representing a 2.9% stake in that company, demonstrating his continued interest in emerging growth opportunities across different sectors.
