Debt-free EPC major for India's power grid, now building smart-meter AMI and hyperscale/edge data centers.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 22 | 22 | 22 | 22 | 22 | 23 | 23 | 23 |
| Reserves | 1.4k | 1.6k | 1.8k | 1.9k | 2.2k | 3.7k | 3.9k | 4.2k |
| Borrowings | 0 | 40 | 0 | 0 | 0 | 0 | 61 | 21 |
| Other Liabilities | 583 | 547 | 680 | 839 | 670 | 1.8k | 1.5k | 1.8k |
| Total Liabilities | 2.1k | 2.2k | 2.5k | 2.8k | 2.9k | 5.6k | 5.4k | 6.0k |
| AssetsFixed Assets | 506 | 465 | 426 | 49 | 44 | 39 | 89 | 58 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 471 | 9 |
| Investments | 668 | 710 | 1.1k | 1.3k | 1.2k | 3.0k | 2.5k | 2.9k |
| Other Assets | 881 | 1.0k | 1.0k | 1.4k | 1.6k | 2.5k | 2.3k | 3.1k |
| Total Assets | 2.1k | 2.2k | 2.5k | 2.8k | 2.9k | 5.6k | 5.4k | 6.0k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 199 | 112 | 126 | 260 | 33 | -337 | 837 | -575 |
| Cash from Investing | -173 | 38 | -55 | -197 | 73 | 403 | -2.0k | 699 |
| Cash from Financing | -16 | -161 | -34 | -90 | -103 | -81 | 1.1k | -103 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 197 | 111 | 126 | 258 | 32 | -359 | 835 | -592 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
TECHNOE · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.