Techno Electric & Engineering Co Ltd (BOM:542141)
₹ 1548 -32.05 (-2.03%) Market Cap: 180.03 Bil Enterprise Value: 169.05 Bil PE Ratio: 48.84 PB Ratio: 7.70 GF Score: 87/100

Q1 2025 Techno Electric & Engineering Company Ltd Earnings Call Transcript

Aug 14, 2024 / 09:30AM GMT
Release Date Price: ₹1568.55 (-3.40%)

Key Points

Positve
  • Total revenue from EPC increased by 19.55% year on year to INR413.74 crores.
  • EBITDA for the company rose by 19.05% year on year to INR56.53 crores.
  • Profit before tax for the quarter increased by 5% year on year to INR75.73 crores.
  • The company successfully collected all outstanding receivables from TANGEDCO and other DISCOMs.
  • The company has a strong unexecuted order book of around INR9,100 crores and is L1 in orders worth INR1,200 crores.
Negative
  • Other income for the first quarter decreased to INR23.2 crores compared to INR30.64 crores last year.
  • The data center project in Chennai is not yet revenue accretive and is still under implementation.
  • Outstanding receivables towards late/interest payment surcharge from the sale of energy stand at INR18.33 crores.
  • The company faces challenges in the availability of skilled manpower for its data center projects.
  • There are potential delays and political risks associated with the deployment of smart meters in certain states.
Operator

Ladies and gentlemen, good day, and welcome to Techno Electric & Engineering Company Limited Q1 FY2025 earnings conference call hosted by Asian Market Securities Limited. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions and expectations of the company as on date of this call.

These statements are not a guarantee of future performance and involve risks and uncertainties that are difficult to predict. Actual results may differ from such expectations, projections, et cetera, whether expressed or implied. Participants are requested to exercise caution while referring to the statements and remarks. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Suraj from Asian Market Securities Limited. Thank you, and over to you, sir.

Suraj Sonulkar
Asian Market Securities Limited - Analyst

Thank you, Siddhant. Good afternoon everyone. On behalf of Asian Market Securities, we welcome you all to Q1 FY2025 earnings

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