Techno Electric and Engineering Co (Delisted) financials and balance sheet
BSE: 533281
Last traded ₹263.70 on 7 Aug 2018
Delisted on 19 Feb 2019.
8 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Techno Electric and Engineering Co annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Peak revenue ₹1,236 Cr, year to Mar 2017
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs.
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
Results for the year to Mar 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue1,173
- Operating expenses−990
- Operating profit183
- Depreciation−2.7
- Other income+23
- Finance costs−11
- Profit before tax193
- Tax−61
- Net profit132
Profit and loss
Standalone, ₹ crore, years to March.Techno Electric and Engineering Co quarterly results
| ₹ crore | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 681 | 732 | 551 | 594 | 689 | 1,033 | 1,236 | 1,173 |
| Operating expensesOperating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 550 | 591 | 459 | 510 | 580 | 874 | 1,034 | 990 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 131 | 141 | 93 | 84 | 110 | 159 | 202 | 183 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 19.2% | 19.2% | 16.8% | 14.1% | 15.9% | 15.4% | 16.4% | 15.6% |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. | 15 | 15 | 15 | 15 | 14 | 14 | 13 | 3 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 116 | 126 | 77 | 69 | 96 | 146 | 189 | 181 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 28 | 19 | 20 | 21 | 24 | 28 | 42 | 23 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 18 | 24 | 21 | 16 | 17 | 21 | 16 | 11 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. | 125 | 121 | 76 | 74 | 103 | 153 | 215 | 193 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. | 1 | −5 | 0 | 0 | 0 | −1 | – | – |
| Profit before tax | 126 | 116 | 76 | 74 | 103 | 152 | 215 | 193 |
| 25 | 23 | 15 | 4 | 19 | 27 | 69 | 61 | |
| Current taxCurrent tax. Income tax payable on the period's own taxable profit. | – | 23 | 15 | – | 19 | 27 | 66 | 62 |
| Deferred taxDeferred tax. Tax charged or credited now that will be paid or saved in later years, because the tax rules count some income and costs in a different year from the accounts. | – | 0 | 0 | – | 0 | 0 | 4 | −1 |
| Net profit | 101 | 93 | 61 | 70 | 85 | 125 | 145 | 132 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 14.8% | 12.7% | 11.0% | 11.8% | 12.3% | 12.1% | 11.8% | 11.3% |
Ratios
Standalone, years to March.
| Ratio | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. | – | 7.5% | −24.7% | 7.7% | 16.0% | 49.9% | 19.7% | −5.1% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. | – | 7.7% | −34.3% | −9.4% | 30.8% | 45.3% | 26.9% | −9.3% |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. | – | −8.2% | −34.6% | 15.4% | 21.1% | 47.2% | 16.7% | −9.1% |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. | – | – | – | – | – | – | – | −8.8% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 6.3 | 5.1 | 3.6 | 4.4 | 5.7 | 7.0 | 11.9 | 16.9 |
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2018.
| Measure | 5 years | 3 years |
|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | 16.3% | 19.4% |
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | 16.9% | 16.0% |
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly operating profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 15.5% | 15.8% |
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 11.8% | 11.7% |
| Interest cover, averageInterest cover, average. 3 years: The plain average of the yearly interest cover over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly interest cover over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly interest cover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 9.2 | 11.9 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 19.93 | 20.09 | 19.95 | 5.10 | 17.96 | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.