Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹277 Cr.
Stock P/E
82.3
P/B
5.6
Current Price
₹167.5
Book Value
₹ 30.2
Face Value
10
52W High
₹325.7
52W Low
₹ 127.6
Dividend Yield
0%

TechEra Engineering Overview

Business

TechEra Engineering India Ltd. is an Indian company operating in the Defence sector. Given its name and industry, the company is likely involved in the design, development, manufacturing, supply, and/or maintenance of engineering solutions, components, or systems for India's defence forces (Army, Navy, Air Force). Its core business model would typically be Business-to-Government (B2G), relying on contracts awarded through tenders, defence procurement policies, and long-term supply agreements. The company would make money by selling its defence-related products, technologies, and services to the Ministry of Defence or associated public sector undertakings.

Revenue Mix

Specific key segments and their revenue contributions for TechEra are not publicly available. However, a company in the defence engineering sector might typically have segments related to land systems, naval systems, aerospace components, electronics, C4I (Command, Control, Communications, Computers, and Intelligence) systems, or maintenance, repair, and overhaul (MRO) services. Without specific data, a breakdown for TechEra cannot be provided.

Industry

The Indian Defence industry is highly strategic, regulated, and largely driven by government procurement. It is characterized by significant capital outlay, long gestation periods for projects, and a strong push for indigenization ('Make in India' initiative). The industry comprises large Defence Public Sector Undertakings (DPSUs), ordnance factories, and a growing number of private sector players. TechEra, as a private entity, positions itself to capitalize on the government's focus on domestic manufacturing, technology transfer, and modernization of the armed forces, likely competing with both other private players and DPSUs for various contracts.

MOAT

Without specific information on TechEra, potential competitive advantages for a company in this sector could include:

Specialized Expertise & IP: Proprietary technology, R&D capabilities, or specialized engineering knowledge in critical defence areas.

Certifications & Approvals: Long-standing accreditations and approvals from defence agencies that are difficult for new entrants to obtain.

Strong Relationships: Established relationships and a track record of reliable delivery with the Indian Ministry of Defence and armed forces.

High Switching Costs: For complex defence systems, once a system is integrated, switching suppliers can be costly and disruptive.

Barriers to Entry: High capital intensity, stringent regulatory requirements, and the need for long-term commitment act as significant barriers.

Growth Drivers

Increasing Defence Budgets: India's sustained increase in defence spending driven by geopolitical imperatives and modernization needs.

"Make in India" & Indigenization: Government policies actively promoting domestic defence manufacturing and reducing reliance on imports.

Armed Forces Modernization: The ongoing multi-billion dollar programs to upgrade equipment and technology across all three services.

Defence Exports: Potential for companies to leverage indigenous capabilities to tap into global defence export markets.

Technological Advancement: Opportunities arising from the adoption of new technologies like AI, drones, cyber warfare, and advanced materials.

Risks

Policy & Procurement Changes: Vulnerability to shifts in government defence policies, procurement cycles, and budget allocations.

Project Delays & Cost Overruns: Defence projects are often complex, subject to delays, and can incur significant cost escalations.

Intense Competition: Competition from established DPSUs, other large private sector players, and international defence majors.

Technological Obsolescence: Rapid advancements in defence technology can render existing products or solutions outdated.

Regulatory & Compliance: Strict adherence to defence-specific regulations, quality standards, and export controls.

Single Customer Concentration: Over-reliance on the Indian government as the primary customer exposes the company to specific risks related to budget and policy.

Management & Ownership

Specific details regarding the promoters, management quality, or precise ownership structure of TechEra Engineering India Ltd. are not available. As is common with many Indian companies, it is likely promoter-driven, with key decisions influenced by the founding family or group. The quality of management would typically be assessed based on their strategic vision, execution capabilities, and ability to navigate the complex defence ecosystem.

Outlook

TechEra Engineering India Ltd. operates in a sector with significant long-term growth potential, driven by India's strategic defence needs and the government's strong push for indigenous manufacturing. The "Make in India" initiative and increasing defence budgets provide a favorable environment for domestic players. However, the company faces inherent challenges including intense competition, the cyclical nature of government procurement, and the high capital and R&D requirements typical of the defence industry. Success will hinge on its ability to secure large contracts, innovate technologically, maintain strong government relationships, and effectively manage project execution and regulatory complexities.

TechEra Engineering Share Price

Live · NSE · Inception: 2018
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

TechEra Engineering Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

TechEra Engineering Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 39 50
Other Income 0 0
Total Income 39 50
Total Expenditure 32 41
Operating Profit 7 9
Interest 2 2
Depreciation 2 2
Exceptional Income / Expenses 0 0
Profit Before Tax 3 5
Provision for Tax 1 1
Profit After Tax 3 3
Adjustments 0 0
Profit After Adjustments 3 3
Adjusted Earnings Per Share 2.3 2

TechEra Engineering Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 16 50
Minority's Interest 0 0
Borrowings 6 12
Other Non-Current Liabilities 1 1
Total Current Liabilities 14 19
Total Liabilities 37 81
Fixed Assets 9 23
Other Non-Current Assets 5 29
Total Current Assets 23 29
Total Assets 37 81

TechEra Engineering Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 3 2
Cash Flow from Operating Activities 3 5
Cash Flow from Investing Activities -3 -38
Cash Flow from Financing Activities -1 34
Net Cash Inflow / Outflow -1 1
Closing Cash & Cash Equivalent 2 2

TechEra Engineering Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.33 2.03
CEPS(Rs) 3.91 3.45
DPS(Rs) 0 0
Book NAV/Share(Rs) 13.21 30.16
Core EBITDA Margin(%) 17.74 17.38
EBIT Margin(%) 13.32 13.51
Pre Tax Margin(%) 8.91 9.54
PAT Margin (%) 7.28 6.79
Cash Profit Margin (%) 12.24 11.51
ROA(%) 7.58 5.68
ROE(%) 17.6 10.2
ROCE(%) 17.01 13.3
Receivable days 162.4 115.62
Inventory Days 19.75 31.76
Payable days 92.59 84.82
PER(x) 0 63.89
Price/Book(x) 0 4.31
Dividend Yield(%) 0 0
EV/Net Sales(x) 0.64 4.7
EV/Core EBITDA(x) 3.51 25.77
Net Sales Growth(%) 0 27.54
EBIT Growth(%) 0 29.39
PAT Growth(%) 0 18.97
EPS Growth(%) 0 -12.55
Debt/Equity(x) 0.89 0.41
Current Ratio(x) 1.63 1.53
Quick Ratio(x) 1.49 1.19
Interest Cover(x) 3.02 3.4
Total Debt/Mcap(x) 0 0.09

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +28% — — —
Operating Profit CAGR +29% — — —
PAT CAGR 0% — — —
Share Price CAGR -33% — — —
ROE Average +10% +14% +14% +14%
ROCE Average +13% +15% +15% +15%

TechEra Engineering Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 36.89 %
FII 0.23 %
DII (MF + Insurance) 0 %
Public (retail) 62.88 %
# Sep 2024 Mar 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 42.2542.2542.2539.6236.8936.89
FII 3.890.0400.220.220.23
DII 15.0112.511.560.020.020
Public 38.8545.256.1960.1462.8762.88
Others 000000
Total 100100100100100100

TechEra Engineering Peer Comparison

Aerospace & Defense Edit Columns

TechEra Engineering Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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TechEra Engineering Pros & Cons

Pros

  • Debtor days have improved from 92.59 to 84.82days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 36.89%.
  • Company has a low return on equity of 14% over the last 3 years.
  • Stock is trading at 5.6 times its book value.
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