Techno Electric & Engineering Company Earnings Call Transcripts
Fiscal Year 2026
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Revenue and profit surged in Q3 FY2026, driven by strong EPC and digital infrastructure momentum. Strategic investments in data centers and smart metering are set to transform the business mix, with robust guidance and disciplined capital allocation supporting future growth.
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Revenue and profit margins remained strong in H1 FY2026, with robust order book and continued growth in data center and T&D segments. EPS guidance for FY2026 is INR 50, with data center contributions expected to rise in FY2027. Order execution and grid bottlenecks remain key challenges.
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Q1 FY26 saw 25% revenue growth and 78% PAT growth year-over-year, with strong margins and a robust order book. Data center and AMI businesses are set to drive future margin expansion, while the company remains debt-free and maintains efficient working capital.
Fiscal Year 2025
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Q4 and FY25 saw record revenue and profit growth, with strong cash flows and a robust order book. FY26 guidance targets further revenue and EPS growth, driven by transmission, FGD, smart meters, and expanding data center operations.
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Q3 FY25 saw revenue up 85% and EBITDA up 120% year-on-year, with a robust order book and strong cash position. Data center business is set for major growth, with Chennai phase I to contribute revenue from FY26 and expansion planned nationwide. FY26 guidance targets INR 3,500–3,600 crore revenue and EPS of INR 50.
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H1 FY25 saw revenue of INR 914 crore and PAT up 16.5% YoY, with a robust order book exceeding INR 10,800 crore. Execution is set to accelerate in H2 as land issues resolve, supporting full-year revenue guidance and continued growth in transmission, data centers, and smart metering.
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Q1 FY25 saw 19.55% revenue growth and strong order inflows, with a robust order book and major CapEx plans in transmission, smart metering, and data centers. Guidance targets INR 2,500 crore revenue for FY25 and INR 5,000 crore by 2028, with margins expected to remain stable.