Operating profit margin has jumped from 2.28% to 12.37%, leading to 664.04% rise in operating profit to Rs 54.40 crore.  Employee cost decreased from 4.22% to 2.74%.   Other expenses fell from 93.61% to 85.51%.   Selling and administration expenses fell from 82.88% to 78.49%.   Construction development cost fell from 82.88% to 78.49%.   

Other income rose 37.83% to Rs 31.26 crore.  PBIDT rose 187.45% to Rs 85.66 crore.  Provision for interest fell 32.11% to Rs 4.27 crore.  PBDT rose 246.19% to Rs 81.39 crore.  Provision for depreciation rose 1.02% to Rs 1.99 crore.  

Profit before tax grew 268.62% to Rs 79.40 crore.  Share of profit/loss were nil in both the periods.  Provision for tax was expense of Rs 1.86 crore, compared to Rs 16.42 crore.  Effective tax rate was 2.34% compared to 76.23%.

Minority interest was nil in both the periods.  Net profit attributable to owners of the company increased 1,414.45% to Rs 77.54 crore.  

Sales of EPC (Construction) segment has gone up 40.18% to Rs 438.63 crore (accounting for 99.76% of total sales).  Sales of Energy (Power) segment has gone up 17.17% to Rs 1.06 crore (accounting for 0.24% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 39.06% to Rs 52.49 crore.  PBIT of EPC (Construction) segment rose 39.86% to Rs 54.55 crore (accounting for 103.94% of total PBIT).  PBIT of Energy (Power) segment fell 63.68% to Rs -2.07 crore (accounting for -3.94% of total PBIT).  

PBIT margin of EPC (Construction) segment fell from 12.47% to 12.44%.  PBIT margin of Energy (Power) segment fell from negative 139.89% to negative 195.43%.  Overall PBIT margin fell from 12.03% to 11.94%.  

Full year results analysis.

Net sales (including other operating income) of Techno Electric & Engineering Company has increased 81.12% to Rs 1502.38 crore.  Sales of EPC (Construction) segment has gone up 81.54% to Rs 1,492.60 crore (accounting for 99.31% of total sales).  Sales of Energy (Power) segment has gone down 4.06% to Rs 10.44 crore (accounting for 0.69% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 76.21% to Rs 202.23 crore.  PBIT of EPC (Construction) segment rose 79.87% to Rs 202.99 crore (accounting for 100.38% of total PBIT).  PBIT of Energy (Power) reported loss of Rs 0.77 crore compared to profit of Rs 1.91 crore.  

PBIT margin of EPC (Construction) segment fell from 13.73% to 13.60%.  PBIT margin of Energy (Power) segment fell from 17.58% to 7.33%.  Overall PBIT margin fell from 13.78% to 13.45%.  

Operating profit margin has jumped from 10.45% to 13.94%, leading to 141.60% rise in operating profit to Rs 209.42 crore.  Employee cost decreased from 4.88% to 3.15%.   Other expenses fell from 85.08% to 82.58%.   Selling and administration expenses rose from 76.42% to 76.68%.   Construction development cost rose from 76.42% to 76.68%.   

Other income rose 82.36% to Rs 136.11 crore.  PBIDT rose 114.19% to Rs 345.53 crore.  Provision for interest rose 54.13% to Rs 16.43 crore.   PBDT rose 118.44% to Rs 329.1 crore.  Provision for depreciation rose 3.16% to Rs 7.84 crore.   Profit before tax grew 124.56% to Rs 321.26 crore.  Share of profit/loss were nil in both the periods.  Provision for tax was expense of Rs 50.23 crore, compared to Rs 46.45 crore.  Effective tax rate was 15.64% compared to 32.47%. Minority interest was nil in both the periods.  Net profit attributable to owners of the company increased 180.54% to Rs 271.03 crore.  

Equity capital stood at Rs 21.52 crore as of 31 March 2024 to Rs 21.52 crore as of 31 March 2023.  Per share face Value remained same at Rs 2.00.  

Promoters’ stake was 61.51% as of 31 March 2024 ,compared to 61.51% as of 31 March 2023 .  

Loan funds remained nil.  Inventories declined from Rs 101.05 crore as of 31 March 2023 to Rs 25.85 crore as of 31 March 2024.  Sundry debtors were higher at Rs 741.06 crore as of 31 March 2024 compared to Rs 641.31 crore as of 31 March 2023.  Cash and bank balance declined from Rs 146.16 crore as of 31 March 2023 to Rs 137.19 crore as of 31 March 2024.  Investments declined from Rs 1,304.77 crore as of 31 March 2023 to Rs 1,141.94 crore as of 31 March 2024.  Fixed assets increased to Rs 351.64 crore as of 31 March 2024 from Rs 175.82 crore as of 31 March 2023.  

Cash flow from operating activities has turned negative Rs 198.24 crore for year ended March 2024 from positive Rs 93.36 crore for year ended March 2023.  Cash flow used in acquiring fixed assets during the year ended March 2024 stood at Rs 180.43 crore, compared to Rs 65.54 crore during the year ended March 2023.