Board Meeting Details
The Board Meeting commenced at 04:30 PM and concluded at 08:30 PM on May 25, 2026.
Key Board Approvals
1. Financial Results: Approved and taken on record the Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026, pursuant to Regulation 33 of SEBI LODR Regulations, 2015.
2. Auditor's Report: Accepted the Auditors' Report on Standalone and Consolidated Results with unmodified opinion.
3. Annual Accounts: Approved the Annual Accounts of the Company for the year ended March 31, 2026.
4. Dividend Recommendation: Recommended a Final Dividend for FY 2025-26 of ₹7 per equity share (face value ₹2 each).
Auditor's Report Highlights
Auditor: Walker Chandiok & Co LLP (Firm Registration No: 001076N/N500013)
Partner: Dhiraj Kumar (Membership No: 060466)
Opinion: Unmodified opinion on both standalone and consolidated financial results.
Emphasis of Matter:
The auditors drew attention to Notes 7, 8, and 9 regarding trade receivables and other financial assets aggregating to ₹885.28 million, which are pending settlement/realization and substantially overdue as of March 31, 2026. Management believes these balances are fully recoverable based on internal assessment, external legal opinions, and certain interim favorable regulatory orders, and thus no impairment provision is required. The auditor's opinion is not modified regarding this matter.
Other Matters:
- The financial results for Q4 FY26 are balancing figures between audited full-year figures and published unaudited year-to-date figures up to Q3 FY26, which were subject to limited review.
- For consolidated results, 14 subsidiaries (with total assets of ₹16,274.26 million) were audited by other auditors.
Standalone Financial Performance (Amounts in ₹ millions)
Income Statement - Year Ended March 31, 2026:
- Total Income: ₹10,161.31
- Total Expenses: ₹8,745.93
- Profit Before Tax: ₹1,741.13
- Total Tax Expense: ₹306.75
- Profit from Continuing Operations (after tax): ₹1,434.38
- Profit from Discontinued Operations (after tax): Not applicable for current year
- Total Profit for the Year: ₹1,434.38
- Other Comprehensive Income: ₹1.04
- Total Comprehensive Income for the Year: ₹1,435.42
Earnings Per Share (₹):
- Basic & Diluted EPS from Continuing Operations: ₹12.33
- Basic & Diluted EPS from Discontinued Operations: ₹0.00
- Basic & Diluted EPS Total: ₹12.33
Balance Sheet (as of March 31, 2026):
- Total Assets: ₹60,190.06
- Equity Share Capital: ₹232.60
- Other Equity: ₹41,809.25
- Total Equity: ₹42,041.85
- Total Liabilities: ₹18,148.21
Consolidated Financial Performance (Amounts in ₹ millions)
Income Statement - Year Ended March 31, 2026:
- Revenue from Operations: ₹32,516.33
- Other Income: ₹1,495.37
- Total Income: ₹34,011.70
- Total Expenses: ₹28,260.22
- Profit Before Tax: ₹5,751.48
- Total Tax Expense: ₹1,264.50
- Profit from Continuing Operations (after tax): ₹4,486.98
- Profit from Discontinued Operations (after tax): ₹251.67
- Total Profit for the Year: ₹4,738.65
- Other Comprehensive Income: ₹480.77
- Total Comprehensive Income for the Year: ₹5,219.42
Attributable to:
- Owners of the Company: ₹5,219.44
- Non-controlling interests: ₹(0.02)
Earnings Per Share (₹):
- Basic & Diluted EPS from Continuing Operations: ₹38.58
- Basic & Diluted EPS from Discontinued Operations: ₹2.16
- Basic & Diluted EPS Total: ₹40.74
Balance Sheet (as of March 31, 2026):
- Total Assets: ₹59,384.98
- Equity Share Capital: ₹232.60
- Other Equity: ₹41,335.95
- Non-controlling interest: ₹0.22
- Total Equity: ₹41,568.77
- Total Liabilities: ₹17,816.21
Notes to Financial Results
1. Preparation Compliance: Results prepared in accordance with Ind AS and SEBI Listing Regulations.
2. Review and Approval: Results reviewed by Audit Committee and approved by Board on May 25, 2026.
3. Audit: FY26 results audited by Statutory Auditors with unmodified opinion.
4. Quarterly Figures: Q4 FY26 figures are balancing figures between audited FY and published YTD Q3 figures.
5. Operating Segments: No reportable segments as per Ind AS 108.
6. Discontinued Operations: In Q1 FY25, recognized profit of ₹336.31 million from discontinued operations (Late Payment Surcharge from sale of energy). Net amount ₹302.68 million received in July 2025.
7. Bengal Energy Project: Completed project in 2012 with ₹1,550 million contract value. Outstanding receivable of ₹118.26 million under arbitration. Proceedings ongoing with arguments expected to complete by June 10, 2026.
8. Afghanistan Project: Terminated due to political changes. Receivables of ₹589.82 million. Asian Development Bank (through UNOPS) processing payments through verification and claim eligibility process (VCEP). Company has started receiving payments.
9. Renewable Energy Certificates: ₹177.20 million receivable for differential rate of RECs. Amount deposited with CERC by buyers. Company monitoring status with no developments during the year.
10. Revenue Recognition: Deferred for projects pending mandatory customer acceptance.
11. Labour Codes: Government consolidated labour laws into four codes effective November 21, 2025. Company estimated additional gratuity and leave liability based on actuarial valuation. Final rules pending notification.
12. Previous Period Figures: Regrouped/reclassified to conform to current period presentation.
13. Dividend: Final dividend of ₹7 per share recommended for FY 2025-26, subject to shareholder approval at AGM.
Subsidiaries Included in Consolidation
The consolidated results include the following entities:
- Techno Infra Developers Private Limited
- Techno Digital Infra Private Limited
- Techno Digital Infra 2 Private Limited
- Rajgarh Agro Products Limited
- Techno Data Center Limited
- Techno AMI Solutions Private Limited
- Techno AMI Solutions 1 Private Limited
- Techno AMI Solutions 2 Private Limited
- Techno AMI Solutions 3 Private Limited
- Techno AMI Solutions 4 Private Limited
- NERES XVI Power Transmission Limited
- NERGS I Power Transmission Limited
- Techno Digital Infra 1 Private Limited
- Techno Electric Overseas Pte. Limited