Synopsis:
Shares of a defence and aerospace precision tools manufacturer surged 5% after a bulk stake acquisition by an ace investor. The company posted strong revenue growth, turned profitable, aims to expand capacity, and focuses on becoming a trusted global OEM partner.
The shares of a prominent automation solutions provider hit 5 percent upper circuit after a prominent ace investor, Ashish Kacholia, along with his investment firm, picked up 3,12,800 shares via a bulk deal.
With a market capitalization of Rs 451.93 crore, the shares of TechEra Engineering (India) Limited were trading at Rs 273.55 per share, increasing around 5 percent as compared to the previous closing price of Rs 260.55 apiece.
Bulk Deal
The shares of TechEra Engineering (India) Limited have seen positive movement after Ace investor, Ashish Kacholia, acquired 2 lakh shares, along with his investment firm, he bought an additional 1,12,800 shares in TechEra Engineering at Rs 247.1 per share, totaling a 1.89 percent stake worth Rs 7.72 crore.
However, non-institutional investors: Vishal Mahesh Waghela sold 3.28 lakh shares (1.98 percent stake) at Rs 260.34 per share, and Sheetal Dugar offloaded 3.46 lakh shares (2.09 percent stake) at Rs 247.28 per share. As of March 2025, their shareholding in the company was 4.11 percent and 5.31 percent, respectively.
Also read: Stock under ₹30 hits 5% upper circuit after Authum Investment acquired stake worth ₹131.62 Cr
Financial highlights & Guidance
The company showed a strong financial turnaround, with revenue rising 81% from ₹17.57 crore to ₹31.93 crore. Notably, net losses of ₹1.23 crore in H1FY25 turned into a profit of ₹4.33 crore in H2FY25, reflecting improved operations, better cost management, and growing business momentum.
Further, management expects EBITDA margins to remain project-dependent, fluctuating between 17-25%, while gross margins are likely to stay around 63%, influenced by product mix. They indicated that the historical revenue growth of 28%+ CAGR is a baseline, aiming to achieve an additional 10-15% growth as new capacity comes online.
Management aiming to become a world-class aerospace manufacturing partner, emphasizing trust, precision, and reliability for global OEMs. While a Rs. 1,000 crore turnover target in five years was not formally confirmed, capacity expansion and new subsidiaries are expected to drive growth, unlock new revenue streams, and expand the company’s presence across geographies.
TechEra Engineering (India) Limited is a manufacturer, designer, and supplier of precision tools and components for the aerospace and defence sectors. The company’s product lineup consists of assembly tools, jigs, fixtures, maintenance and repair (MRO) equipment, ground support systems, and precision-machined parts. The company also provides automation system solutions.
Written by Abhishek Singh
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