Techno Electric & Engineering Company · tone and specificity signals across the available quarters.
Language signals
We have robust order book of unexecuted orders as of ₹10,048 crores as on the June end. We are further L1 in orders and also in advance stage of order receipt for worth ₹720 crores. We expect order intake for the financial year would be around ₹3,500 crores. This simply reflects we will have enough orders in hand to keep the growth momentum of around 40% to 50% CAGR for next two years.
The data center ecosystem in India is undergoing a paradigm shift driven by AI, cloud, 5G and data localization imperatives. The market is expected to more than double by 2030. Our investment in hyperscale edge data centers in Chennai, Gurgaon, Kolkata and across tier 2, tier 3 cities via Rail is timely and strategic to capitalize on this.
Look, margins are not so simple to come by. We are a regulated business. As far as EPC is concerned, 14% plus minus will be the benchmark as I have always guided and we have achieved consistently. The further improvements will happen only by our data center business and somewhat out of the AMI business which are the asset based businesses.
We are not just observing the digital revolution. We are building the infrastructure that powers it.
Data centers are at an inflection point. In FY27, we must achieve Rs 100 Cr plus revenue from data centers with 50-60% EBITDA margins, nearly 4x of our EPC margins.
We won't be expanding speculatively but given the way industry is evolving and rapidly evolving, I believe we should be commissioning the entire capacity and maybe more within the next 2.5-3 years.
The war has definitely shaved off ₹200 crore topline and gas non-availability have increased costs of certain vital equipment in our sector—insulators, aluminium, metals, commodity prices all-time high.
By 2030, our data center or digitization will become the face of this company and transmission will be the second side of the coin which is presently the face of the situation.
It is going to be a slow but a rewarding journey but a long journey. We are still gaining ground in the industry, competing with large organizations who've been established for decades.