Techno Electric & Engineering Company Limited recently announced a significant change in its board composition. Krishna Murari Poddar, an Independent Director of the company, has tendered his resignation, effective November 19, 2025. This development marks the end of Poddar's tenure in several key positions within the organization.

Resignation Details

Mr. Poddar's departure from the board comes with multiple implications for the company's leadership structure:

Reasons for Resignation

In his resignation letter, Mr. Poddar cited two primary reasons for his decision:

1. Age-related ailments
2. Other managerial and social commitments

He expressed that these factors have made it challenging for him to devote the necessary time and contribute effectively as an Independent Director of the company.

Impact and Transition

The resignation of Mr. Poddar may necessitate a restructuring of the board committees he was involved in. The company will likely need to appoint new members to fill these crucial roles, ensuring the continued smooth functioning of its corporate governance structure.

Company's Response

Techno Electric & Engineering Company Limited has acknowledged Mr. Poddar's resignation and has initiated the necessary regulatory disclosures. As per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has provided detailed information about the resignation to the stock exchanges.

Looking Ahead

While Mr. Poddar's departure marks the end of his association with the company, he expressed his gratitude for the support received during his tenure and wished for the company's continued success and growth in its future endeavors.

The company has not yet announced any immediate plans for filling the vacant positions. Stakeholders and investors will likely be keen to see how Techno Electric & Engineering Company Limited addresses this change in its board composition and maintains the strength of its corporate governance framework.

Techno Electric & Engineering Company Ltd has announced a revision in its financial projections, signaling both caution and optimism in its outlook for the coming years.

Revised Order Inflow Guidance

The company has adjusted its order inflow guidance downward to INR 3,000.00 crores from the previous target of INR 3,500.00 crores. This 14.3% reduction suggests a more conservative approach to future business expectations, possibly in response to current market conditions or project pipeline assessments.

Earnings Per Share Projections

Despite the lowered order inflow target, Techno Electric maintains a positive outlook on its earnings potential:

• For FY26, the company projects an Earnings Per Share (EPS) of INR 50.00
• For FY27, it anticipates an EPS of INR 75.00

These projections are specifically for continuing operations, excluding the data center business, indicating expected growth in the company's core operations.

EBITDA Margin Expectations

For the second half of FY26, Techno Electric expects EBITDA margins to range between 13.5% and 14.0%. This projection suggests stable profitability in the company's operations.

Data Center Business Outlook

The company has provided specific revenue guidance for its data center business:

• For FY27, Techno Electric anticipates data center revenue of INR 125.00 crores

This separate projection for the data center segment indicates the company's focus on diversifying its revenue streams.

Tax Rate Strategy

Techno Electric plans to maintain an effective tax rate of around 20%. This tax strategy could contribute to the company's overall financial efficiency and profitability.

Investor Implications

The revised guidance presents a mixed picture for investors:

1. The lowered order inflow target may raise questions about short-term growth prospects.
2. Strong EPS projections suggest confidence in operational efficiency and profitability.
3. The focus on the data center business indicates potential new growth avenues.
4. Stable EBITDA margins point to consistent operational performance.

Investors and analysts will likely watch closely to see how Techno Electric navigates the balance between its revised order inflow expectations and its earnings projections in the coming fiscal years.

As per the latest LODR data, Techno Electric recently held an Investor's/Analyst Presentation on their financial results for the quarter ended 30th September, 2025. The transcript of this presentation is available on the company's website, which may provide additional context to these revised projections and the company's future strategies.