BSE: 543991
TECHKNOWGREEN SOLUTIONS LIMITE
Provides environmental and sustainability consulting, air-purification and wastewater-technology products, and accredited laboratory testing across four verticals: knowledge (NABET-accredited regulatory and industrial permitting across 17 sectors), technology (proprietary Yuka Yantra air-purification devices and CEWT wastewater systems), research, and the NABL-accredited TRL9 Climate Lab. FY26 revenue was Rs. 41.07 crore, up 24.4% from Rs. 32.98 crore in FY25, with materials at 42.4% of revenue and employees at 18.7%. Revenue comes primarily from consulting fees for environmental clearances, consents, and compliance work for industrial and data-centre clients — including orders from STT Global Data Centres (Rs. 2.23 crore), NTT Global Data Centers (Rs. 3.60 crore), Web Werks (Rs. 1.70 crore), Amara Raja Infra (Rs. 4.5 crore), and Sterling & Wilson (including a USD 190,598 Saudi Arabia engagement). Device sales contribute through the Yuka Yantra (22–25 units sold at Rs. 10–50 lakh ASP, with 30–50% margins) and a related 13-unit order from Remal Alcast worth Rs. 4.09 crore. The TRL9 Climate Lab holds NABL accreditation under ISO/IEC 17025:2017, and the Yuka Yantra has a granted Indian patent (No. 588783) plus a TRL-8 readiness certificate. Sterling & Wilson is an exclusive sustainability partner, and 100% subsidiaries in Singapore and the US are set to contribute from Q3 FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Knowledge vertical (consulting), Technology vertical (devices), Research vertical, TRL9 Climate Lab. Asset-light environmental services with proprietary device manufacturing and an accredited testing lab.
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 33 | 41 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 10.27 | 13.11 |
| ROE % · ROCE % | — · 25.0 | — · 25.1 |
| Debt / equity (x) | — | — |
| Cash from operations | 7 | 1 |
| Capex | (11) | (8) |
Exhibit 2: Quarterly performance, last 3 quarters
| ₹ crore | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|
| Revenue | 19 | 17 | 24 |
| Profit before tax | 4 | 4 | 8 |
| Net profit | — | — | — |
| EPS (₹) | 5.12 | 4.06 | 9.05 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CENTRAL MINE P N D INST L | 14,645 | 48.1 | 6.41 | — | 26.9 | 34.6 | — | 34.9 |
| IIRM HOLDINGS INDIA LIMITED | 804 | 32.8 | 5.10 | 13.6 | 15.5 | 14.4 | — | 24.9 |
| Qualitek Labs Limited | 643 | 41.2 | — | — | — | 8.5 | — | — |
| Monarch Surveyors and Engineer | 348 | 7.1 | — | — | — | 20.9 | — | — |
| LIKHAMI CONSULTING LIMITED | 311 | 975.6 | 8.84 | — | 0.7 | 0.9 | — | 67.2 |
| Ekansh Concepts Limited | 289 | 91.8 | 6.36 | 172.1 | (6.7) | (6.8) | (12.2) | 48.8 |
| EKI ENERGY SERVICES LTD | 230 | — | 0.60 | 23.4 | (4.3) | (3.0) | — | (6.1) |
| MITCON CON & ENG SER LTD | 135 | 12.3 | 0.78 | 6.5 | 5.4 | 5.1 | — | 12.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.3 | 8.9 | 10 of 23 | 59% |
| ROCE | 23.9 | 8.2 | 2 of 26 | 96% |
| Market cap | 98 | 35 | 10 of 26 | 64% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Oct 2026 · Company Secretary and Compliance Officer resigns | management changes | medium | — | — |
| 29 Sept 2026 · Amendment to Articles of Association approved by shareholders at AGM | general | medium | — | — |
| 29 Sept 2026 · Techknowgreen 4th AGM: All 3 resolutions passed with near-unanimous support | compliance | minimal | — | — |
| 27 Sept 2026 · 4th AGM held on Sept 27, 2026; key resolutions passed | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Order win from Mahindra and Mahindra worth Rs 81.45 lakhs | business updates | medium | — | — |
| 5 Sept 2026 · AGM notice and e-voting info published in newspapers | compliance | minimal | — | — |
| 4 Sept 2026 · Received Maharashtra Udyog Bhushan Puraskar 2026 award | business updates | low | — | — |
| 4 Sept 2026 · Techknowgreen FY26 Annual Report: Revenue Rs 41.04 Cr, Order Book Rs 27.06 Cr | compliance | low | — | — |
| 4 Sept 2026 · 4th AGM on Sept 27, 2026 via VC; dividend waiver article change proposed | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Newspaper notice published for 04th AGM | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.