Techno Electric reports 31% revenue growth in Q2 FY27

Techno Electric & Engineering Company Limited has announced its financial results for the second quarter of FY27, reporting a significant 31% year-over-year increase in revenue. EBITDA also saw a substantial surge of 63%. The company highlighted strong execution momentum across its transmission EPC and AMI installation segments, contributing to these positive results. The company’s order book remains robust at approximately ₹101,000 million.

Techno Electric Delivers Strong Q2 FY27 Performance

Techno Electric & Engineering Company Limited has unveiled its financial highlights for the quarter ended September 30, 2026, showcasing robust growth across key metrics. The company reported a consolidated revenue from operations of ₹11,079 million, marking a substantial 31.4% increase compared to the same period in the previous year. This growth was driven by strong execution momentum in its transmission EPC and AMI installation businesses.

EBITDA and Profitability Surge

The company’s core EBITDA also demonstrated impressive growth, reaching ₹1,814 million, a significant jump of 63.0% year-over-year. The consolidated EBITDA margin improved to 16.38% from 13.2% in Q2 FY26. Profit After Tax (PAT) for continued operations stood at ₹1,585 million, up by a remarkable 52.4%. The PAT margin improved to 14.3% from 12.3% in the prior year’s comparable quarter.

Key Business Segment Updates

Engine I – Power Infrastructure

In the Power Infrastructure segment, Techno Electric reported an order book of ₹70,258 million for Transmission EPC and TBCB assets. The company has 4 TBCB projects won, with 3 already monetized. Awarded smart meters stand at 2.24 million. The EPC order book alone is valued at ₹66,023 million. Key projects in execution include NERES XVI, Ishanagar (IPTL), and Dhule (DPTL).

Engine II – Digital Infrastructure

Techno Digital, the company’s digital infrastructure arm, is progressing with its hyperscale campuses and edge network initiatives. The planned portfolio is 250 MW by FY32, with 102 locations planned for the edge network across 23 states. The company has approximately 150 MW of IT load under active discussion and over 30 open opportunities in its funnel. Cumulative data centre capex across projects till date is approximately ₹658 crore.

Order Book Strength

The total order book as of 30 September 2026, stands at approximately ₹101,000 million. New orders won during Q2 FY27 amounted to approximately ₹15,284 million, with orders won post Q2 totaling around ₹3,110 million. The L1 position is valued at approximately ₹11,910 million.

Financial Summary (Consolidated)

Particulars (INR Mn) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY
Revenue from Operations 11,079 8,434 +31.4% 17,382 13,694 +26.9%
Core EBITDA 1,814 1,113 +63.0% 2,810 2,037 +37.9%
PAT – Continued Operations 1,585 1,040 +52.4% 2,518 2,149 +17.2%

Balance Sheet Highlights

As of 30 September 2026, total assets stood at ₹62,697 million. Total Shareholder’s Funds were ₹43,344 million. The company maintains a debt-free balance sheet.

Source: BSE

Previous Article

GEM Enviro Management reports unaudited half yearly financial results