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TechEra Engineering India Ltd (TECHERA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: TECHERA Aerospace & Defense | Small Cap | TechEra Engineering Share Price

BSE Share Price
Not Listed

TechEra Engineering India Ltd (TECHERA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: TECHERA Aerospace & Defense | Small Cap | TechEra Engineering Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹246 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹1.7
TTM Sales
₹48.5 Cr.
Book Value per Share
₹31.8
P/E Ratio
88.68
In line with its 5-year historical median
Industry PE
44.8
Price to Book (P/B)
4.67
Lower than its 5-year historical median
Price to Sales (P/S)
5.06
Lower than its 5-year historical median
EV/EBITDA
31.20
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
5.41%
Underperforms industry median
Return on Capital Employed (ROCE)
8.92%
Underperforms industry median
Return on Assets (ROA)
3.03%
Operating Profit Margin
18%
Net Profit Margin
5.71%
Gross Profit Margin
11.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-2.02%
Operating Profit Growth (1 Year)
-
-0.35%
Net Profit Growth (1 Year)
-
-17.56%
Asset Quality
Promoter Holding
36.89%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹36 Cr.
Equity
₹16.5 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

TechEra Engineering India stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Weak
Q.1 Is TechEra Engineering India Ltd a good quality company?
TechEra Engineering India Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does TechEra Engineering India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of TechEra Engineering India Ltd vs industry peers?
TechEra Engineering India Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 13.00%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of TechEra Engineering India Ltd?
Promoters hold 36.89% of the TechEra Engineering India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of TechEra Engineering India Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -46.93% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
TechEra Engineering India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ5.2%-36.5%11.2%18.7%12.9%9.3%-
Value Creation
Index ⓘ
-0.6NA-0.20.3-0.1-0.3-

Growth Parameters ⓘ

Sales ⓘ8.37.226.438.849.548.549
Sales YoY Gr.--13.3%268.1%46.8%27.5%-2%-
Adj EPS ⓘ0.1-9.41.92.421.51.9
YoY Gr.--10533.3%NA21.8%-16.6%-25%-
BVPS (₹) ⓘ6-3.3-1.413.23031.931.9
Adj Net
Profit ⓘ
0-6.31.32.93.22.43
Cash Flow from Ops. ⓘ1.3-7-1.23.24.45.9-
Debt/CF from Ops. ⓘ7.2-1.3-11.74.44.75.5-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNA42.4%22.4%-2%
Adj EPS ⓘNA74.8%-8.7%-25%
BVPSⓘNA39.6%NA6.2%
Share Price - - - -46.9%

Key Financial Parameters ⓘ

Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
1.5-104.412.321.19.94.75.8
Op. Profit
Mgn % ⓘ
18.4-51.715.617.917.618.2NAN
Net Profit
Mgn % ⓘ
0.4-87.24.97.46.556.3
Debt to
Equity ⓘ
4.10.91.20.90.40.6-
Working Cap
Days ⓘ
03802372312483780
Cash Conv.
Cycle ⓘ
0159841121041620

Valuation of TechEra Engineering - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'24Mar'25Mar'26
Sales395048
Operating Expenses ⓘ + 324140
Manufacturing Costs558
Material Costs142013
Employee Cost 81012
Other Costs ⓘ 466
Operating Profit ⓘ 799
Operating Profit Margin (%) 17.7%17.4%17.7%
Other Income ⓘ + 000
Exceptional Items ⓘ 001
Interest ⓘ 223
Depreciation ⓘ 223
Profit Before Tax ⓘ 354
Tax ⓘ 111
Profit After Tax 333
PAT Margin (%) 7.3%6.8%5.7%
Adjusted EPS (₹)2.32.01.7
Dividend Payout Ratio (%)0%0%0%
PARTICULARSMar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 165053
Share Capital ⓘ 12.1416.5216.52
Reserves ⓘ 43336
Debt +111627
Long Term Debt61216
Short Term Debt4411
Minority Interest000
Trade Payables467
Others Liabilities ⓘ 71015
Total Liabilities ⓘ 3781102

Fixed Assets

Net Fixed Assets ⓘ +92344
Gross Block163356
Accumulated Depreciation7912
CWIP ⓘ 391
Investments ⓘ 120
Inventories2715
Trade Receivables171424
Cash Equivalents 220
Others Assets ⓘ 42318
Total Assets ⓘ 3781102
PARTICULARSMar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 346
PBT ⓘ 354
Adjustment ⓘ 345
Changes in Working Capital ⓘ -3-3-3
Tax Paid ⓘ -1-10
Cash Flow From Investing Activity ⓘ + -3-38-17
Capex -2-37-21
Net Investments -1-13
Others ⓘ 000
Cash Flow From Financing Activity ⓘ + -1359
Net Proceeds from Shares ⓘ -0360
Net Proceeds from Borrowing ⓘ 154
Interest Paid ⓘ -2-2-3
Dividend Paid ⓘ 000
Others ⓘ -1-57
Net Cash Flow ⓘ -11-2
PARTICULARSMar'24Mar'25Mar'26
Ratios
ROE (%)17.610.25.41
ROCE (%)17.0113.38.92
Asset Turnover Ratio1.040.840.53
PAT to CFO Conversion(x)11.332
Working Capital Days
Receivable Days162.40115.60142.20
Inventory Days19.8031.8080.70
Payable Days92.6084.50173.70

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Announcements

TechEra Engineering India Ltd FAQs

The current trading price of TechEra Engineering on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of TechEra Engineering stood at ₹245.5 Cr

The latest P/E ratio of TechEra Engineering as of 31-Dec-1969 is 79.75.

The latest P/B ratio of TechEra Engineering as of 31-Dec-1969 is 4.66.

The 52-week high of TechEra Engineering is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TechEra Engineering is ₹48.50 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that TechEra Engineering India Ltd is a below average quality company.

The key valuation ratios of TechEra Engineering India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of TechEra Engineering India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About TechEra Engineering India Ltd

TechEra Engineering (India) (TechEra), established in October 2018, engages in the design, manufacture, and supply of precision tooling, components for the aerospace and defence industries, and automation system solutions. The company's product portfolio includes assembly toolings, jigs, fixtures, maintenance, repair, and overhaul (MRO) toolings, ground support equipment, and precision machined components. It utilizes advanced manufacturing technologies, such as 5-axis machining and 3-D modelling for design visualization, to meet the requirements of its target sectors.

The company is ISO 9001:2015 and AS9100D:2018 certified, reflecting its adherence to quality management systems. It has participated in notable projects, including the manufacture of tooling for the commercial aircraft vertical fin assembly line and fighter wing skin layup tool, indicating its capability to execute complex engineering projects. The company aims to contribute to technological advancement and the upliftment of the sectors it serves, through continuous improvement and innovation in its processes and offerings.

The company was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of ‘Techera Engineering (India) Private Limited’ dated October 03, 2018 issued by the Registrar of Companies, Pune. Subsequently, the name of the Company was changed to ‘TechEra Engineering (India) Limited’ and a fresh Certificate of Incorporation dated May 29, 2023 was issued by the Registrar of Companies, Pune.

Business area of the company

The company is engaged in business of undertaking projects involving Designing and manufacturing of tooling and automation systems for defence and aviation industry.

Products of the company

  • Assembly jig
  • Assembly tooling
  • Ground support equipment
  • Skin layup tool
  • MRO Tool
  • Stretch forming tool

Awards and accreditations

  • 2020: ‘Start-up Company of the Year 2020’ by SME Chamber of India.
  • 2022: GS Parkhi Award for the Innovation in Entrepreneurship - year 2022.

History and milestones

  • 2018: Company Incorporation.
  • 2019: Shifting to New manufacturing Facility Building 20000 Sq feet and Total Land 80000 Sq.feet
  • 2021: Investment in the Company by Maharashtra Defence and Aerospace Venture Fund.
  • 2023: Company conversion from Private Limited to Public Limited.
  • 2023: First time taken participation in AeroIndia 2023.
  • 2024: TechEra got listed on SME portal of NSE.

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