DIALWEALTH MULTIBAGGER
DATE :- 30/8/2023
NAME :- TECHNO ELECTRIC
CMP :- 520
BUYING RANGE :- 510-530
MCAP :- 5700 CRORE
CASH ON BOOKS :- 1500 CR
FIRST TARGET :- 800+
CONVICTION :- VERY HIGH
DOWNSIDE VERY LIMITED
ALLOCATION CAN BE ON HIGHERSIDE.
Techno electric is mainly into 3 business :-
1)EPC business :-
• Flue Gas Desulphurisation (FGD) plants • Transmission and Distribution • Balance of Plant •
Captive waste heat recovery and up to 200 MW of conventional power plant on turnkey basis
2) Advanced Metering Infrastructure (AMI) / Smart meters :-
Techno electric operates in the AMI or smart meter segment through both EPC and project bidding
on a contract basis or under DBFOOT or TOTEX model.
3) Data Centre :-
From land acquisition and site assessment study to design and engineering, civil, structural and
electro-mechanical works including power intake solutions works, commissioning and obtaining
statutory approvals, we offer end-to-end data centre solutions.
All three are very futuristic business and exponential growth is expected in all three verticals of the
company.
Transmission market :- company has order book of ₹ 1,433 crores and envisions substantial growth
of ₹ 3,000 crores over the next five years, leveraging opportunities in the dynamic Transmission
Market.
Smart Meter Market :- The government's ambitious plan to install 25 crores smart meters by March
2025 with an outlay of ₹ 3.3 lakh crores creates a significant opportunity. We are already capitalising
on this potential, with our current order book standing at ₹ 277 crores in FY 2022-23. Looking ahead,
we have set a target to achieve ₹ 1,000-1,500 crores annually in this segment.
FGD Market fluid gas transmission :- With a current order book of ₹ 1,459 crores and a market size of
₹ 99,366 crores, company aims to capture a substantial market share with an ambitious target of ₹
500 crores annually.
Data Centre Market :- execution of a project worth ₹ 1,400 crores in the Data Centre domain reflects
our ambition to tap into India's expanding digital ecosystem. We aim to secure a market share of ₹
11,250 crores over the next seven years, considering the total addressable market size of ₹ 2,25,000
crores. First phase of data centre is expected to live in October 2023.
We @Dialwealth expect very strong growth for all verticals of the company and investors are
expected to get very good returns in next 6-9 months.