**Techno Electric Concall Notes
Order Book
H1= Rs 611 Cr + Smart Meter order 536 Cr+ Transmission Order 288cr = 1435 Cr
They are L1 for orders worth 3550 Cr.
Pipeline bids = 5000 Cr
Management has given revenue projections as follows
FY 24 = 1800 Cr
FY 25= 2500 Cr
FY 26 = 3000 Cr
EBITDA Margin @ 13%
Segment wise Projection
FGD business to be Subdued , growth to come from Smart meter, transmission and data center business.
Order book projection
FGD = 1450 Cr
Transmission = 3000 Cr for 3-5 yrs
Smart meter = 2000 Cr every year.
Got 1 order from J&K for 2.5 Lakh meters worth 536 Cr.
Data Centre Capex Update
24 MW IT load
Civil work completed
Invested 220 Cr
1st phase by 2024 March
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Significant interest in developing DC in JV model from partners .
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Smart meter target of 1 mn meters/year
Cash in books = Rs 1500 Cr approx Rs 140/share 
Data Centre rental approx 80-110 $ /KVA or 90-100 lakh INR /MW.
Cost of data centre approx 5 mn/MW .
All in all very bullish commentary from the management .
With a BOE calculation based on the management projections it can double in next 3 yrs from even current levels.
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