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TechEra Engineering India Ltd (TECHERA)

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

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹247 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹1.9
TTM Sales
₹49.5 Cr.
Book Value per Share
₹30
P/E Ratio
78.12
Lower than its 5-year historical median
Industry PE
44
Price to Book (P/B)
4.98
Lower than its 5-year historical median
Price to Sales (P/S)
5.00
Lower than its 5-year historical median
EV/EBITDA
30.03
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
9.64%
Underperforms industry median
Return on Capital Employed (ROCE)
12.94%
Underperforms industry median
Return on Assets (ROA)
5.36%
Operating Profit Margin
17.6%
Net Profit Margin
6.4%
Gross Profit Margin
13.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
27.54%
Operating Profit Growth (1 Year)
-
25%
Net Profit Growth (1 Year)
-
12.41%
Asset Quality
Promoter Holding
36.89%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹33 Cr.
Equity
₹16.5 Cr.
Face Value
₹10
All Time Low / High
- / -

TechEra Engineering India stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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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 17.94%, 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 5.26% based on the current price.

10 Year X-Ray : Login to view analysis.

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'25TTM
ROCE % 5.2%-36.5%11.2%18.7%12.9%-
Value Creation
Index
-0.6NA-0.20.3-0.1-

Growth Parameters

Sales 8.37.226.438.849.550
Sales YoY Gr.--13.3%268.1%46.8%27.5%-
Adj EPS 0.1-9.41.92.421.9
YoY Gr.--10533.3%NA21.8%-16.6%-
BVPS (₹) 6-3.3-1.413.23030
Adj Net
Profit
0-6.31.32.93.23
Cash Flow from Ops. 1.3-7-1.23.24.5-
Debt/CF from Ops. 7.2-1.3-11.74.44.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA90.3%27.5%
Adj EPS NANANA-16.6%
BVPSNANANA127.4%
Share Price - - - -14.4%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
1.5-104.412.321.19.96.4
Op. Profit
Mgn %
18.4-51.715.617.917.6NAN
Net Profit
Mgn %
0.4-87.24.97.46.56.4
Debt to
Equity
4.10.91.20.90.4-
Working Cap
Days
03802372312480
Cash Conv.
Cycle
0159841121040

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales87263950
Operating Expenses + 711223241
Manufacturing Costs22355
Material Costs13131420
Employee Cost 234810
Other Costs 23346
Operating Profit 1-4479
Operating Profit Margin (%) 17.7%-52.3%15.6%17.7%17.4%
Other Income + 00000
Exceptional Items 00000
Interest 11122
Depreciation 12222
Profit Before Tax 0-6135
Tax 00011
Profit After Tax -0-6133
PAT Margin (%) -0.1%-87.6%4.9%7.3%6.4%
Adjusted EPS (₹)-0.0-9.42.02.31.9
Dividend Payout Ratio (%)0%0%0%0%0%

Valuation of TechEra Engineering - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 210111650
Share Capital 114141217
Reserves 1-4-3433
Debt +87121116
Long Term Debt565612
Short Term Debt32744
Minority Interest00000
Trade Payables221146
Others Liabilities 325710
Total Liabilities 1521393781

Fixed Assets

Net Fixed Assets +689923
Gross Block711141633
Accumulated Depreciation23579
CWIP 30239
Investments 00012
Inventories22427
Trade Receivables22191714
Cash Equivalents 05322
Others Assets 243423
Total Assets 1521393781

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 1-7-134
PBT 0-6135
Adjustment 23334
Changes in Working Capital -0-3-5-3-3
Tax Paid 0-00-1-1
Cash Flow From Investing Activity + -7-2-7-3-38
Capex -7-2-5-2-37
Net Investments -0-1-2-1-1
Others 00000
Cash Flow From Financing Activity + 6134-134
Net Proceeds from Shares 020-036
Net Proceeds from Borrowing 01-015
Interest Paid -1-1-1-2-2
Dividend Paid 00000
Others 6115-1-5
Net Cash Flow -04-4-11

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-0.340037.319.64
ROCE (%)5.19-36.511.218.7112.94
Asset Turnover Ratio0.550.390.871.010.84
PAT to CFO Conversion(x)N/AN/A-111.33
Working Capital Days
Receivable Days96.40115.30149.40171.90115.60
Inventory Days106.10114.403926.6031.80
Payable Days1,035.70222.70177184.9084.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

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 ₹247.4 Cr

The latest P/E ratio of TechEra Engineering as of 31-Dec-1969 is 78.12.

The latest P/B ratio of TechEra Engineering as of 31-Dec-1969 is 4.98.

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 ₹49.50 ( 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) Limited 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.

TechEra Engineering (India), 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.

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.

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