Synopsis: Techera Engineering (India) Limited secured three orders worth about ₹6.28 crores, which include ₹4.36 crores for aircraft sub-assemblies, ₹1.34 crores for space layup tools, and ₹57.63 lakhs for GSE tooling.
This Micro-cap Defence stock, engaged in designing, manufacturing, and supplying precision tooling, components, and automation solutions for the aerospace and defence industries, is in focus after securing Rs. 6.28 crore orders from aerospace, space, defence, and private sector clients.
With a market capitalization of Rs. 439.04 crores, the shares of Techera Engineering (India) Limited hit a 5 percent lower circuit of Rs. 265.75 per share on Thursday, down from its previous closing price of Rs. 279.70 per share.
What is the news?
Techera Engineering (India) Limited has received three new work orders with a combined total value of approximately Rs. 6.28 crores. These orders reflect the company’s growing presence in aerospace, defence, and space-related manufacturing.
The first order has been awarded by an Indian public sector aerospace and defence company. Under this order, Techera will provide insourcing services for manufacturing aircraft sub-assemblies. This work is valued at Rs. 4.36 crores and will be completed within 360 days.
The second order comes from a private company in the space and satellite industry. Techera will manufacture and supply layup tools for them. This order is worth Rs. 1.34 crores and will be finished within 90 days. This marks Techera’s entry into space and satellite tooling.
The third order, worth Rs. 57.63 lakhs, is a repeat order from an existing private customer for manufacturing and supplying GSE tooling. These orders further support the company’s growth and strengthen its position in the industry.
Company Overview:
Techera Engineering India Limited was established in October 2018 and is engaged in designing, manufacturing, and supplying precision tooling, components, and automation systems for the aerospace and defence industries. The company focuses on high-quality engineering solutions that meet stringent aerospace standards.
The company produces assembly tooling, jigs, fixtures, and precision components used in the manufacturing and maintenance of aircraft and defence equipment. Techera’s commitment to innovation and quality positions it as a key player in India’s aerospace and defence manufacturing ecosystem.
Recent quarter results:
Coming into financial highlights, Techera Engineering India Limited’s revenue has increased from Rs. 24.43 crore in H2 FY24 to Rs. 31.93 crore in H2 FY25, which has grown by 30.70 percent. The net profit has decreased by 13.92 percent from Rs. 5.03 crore in H2 FY24 to Rs. 4.33 crore in H2 FY25.
In terms of return ratios, the company’s ROCE and ROE stand at 13 percent and 9.68 percent, respectively. Techera Engineering India Limited has an earnings per share (EPS) of Rs. 1.92, and its debt-to-equity ratio is 0.41x.
Written By – Nikhil Naik
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