Ashish Kacholia Buys Fresh 4.8% Stake in This Defence Stock; Do You Hold It?

Ashish Kacholia Buys Fresh 4.8% Stake in This Defence Stock; Do You Hold It?

Synopsis: TechEra Engineering (India) Limited has recently garnered attention after Ashish Kacholia acquired a fresh stake of 4.8%, investing ₹14.3 crore for 798,400 shares. Additionally, Kacholia also invested ₹7.7 crore in Adcounty Media, securing a 2.9% stake with 656,000 shares.

The shares of a Micro-cap company specialising in designing, manufacturing, and supplying precision tooling, components, and automation solutions for the aerospace and defense industries are in the spotlight after Ashish Kacholia made a fresh stake in the company.

With a market capitalization of Rs. 294.90 Crores on Thursday, the shares of TechEra Engineering (India) Limited hit a 5 percent upper circuit, reaching a high of Rs. 178.50 compared to its previous close of Rs.170.00.

What Happened

TechEra Engineering (India) Limited, engaged in designing, manufacturing, and supplying precision tooling, components, and automation solutions for the aerospace and defense industries are in focus after Ashish Kacholia made an Fresh Investment in the company in the December quarter.

Ashish Kacholia has made a new investment in TechEra Engineering by investing Rs. 14.3 crore to acquire 798,400 shares, representing a 4.8 percent stake in the company. This 4.8 percent stake is divided between two holders: 

Survayanshi Commotrade Private Limited, which holds shares worth Rs. 8.0 crore (449,600 units), accounting for 2.7 percent, and Ashish Kacholia himself, who holds shares worth Rs. 6.2 crore (348,800 units), representing 2.1 percent.

Along with it, Ashish Kacholia has also made a fresh investment in Adcounty Media by investing Rs. 7.7 crore to acquire 656,000 shares, representing a 2.9 percent stake in the company.

Financials

The company’s revenue rose by 38 percent from Rs. 17.58 crore in September 2024 to Rs. 24.30 crore in September 2025. Meanwhile, the Net loss of Rs. 1.23 crore turned to a profit of Rs. 1.31 crore during the same period.

The company has demonstrated decent financial performance with a Return on Capital Employed (ROCE) of 13.3% and a Return on Equity (ROE) of 10.2%. Its debt-to-equity ratio is relatively low at 0.48, indicating manageable leverage. Additionally, there has been a notable improvement in debtor days, which have reduced from 133 to 104 days, suggesting enhanced efficiency in collecting receivables.

TechEra Engineering (India) Limited is an Indian engineering firm specializing in designing, manufacturing, and supplying precision tooling, components, and automation systems for the aerospace and defense sectors, contributing to the country’s technological advancements and national security.

TechEra operates across these key segments: defense, aerospace, and automation. Their aerospace and defense focus is specifically on designing and manufacturing tooling systems critical to aircraft production, such as jigs, fixtures, and related ground and production equipment. 

Over the past seven years, the company has evolved its offerings, progressing from providing individual components to small fixtures, then larger fixtures, and ultimately supporting insourcing efforts within major Public Sector Undertakings (PSUs) plants.

The company’s facility spans 78,000 sq. ft. (7,000 sq. m), with dedicated areas for manufacturing and quality control covering 20,000 sq. ft. and assembly and integration occupying 18,000 sq. ft. It has manufactured over 3,000 aerospace tooling systems, executed more than 600 turnkey projects, and currently employs over 185 skilled professionals.

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  • Sridhar is a NISM-certified Research Analyst with an MBA in Finance and with over 3+ years of experience as a Financial Analyst, possessing strong expertise in both fundamental and technical analysis. Specialises in equity research, company and sector evaluation, IPO analysis, and tracking market trends to produce clear, investor-friendly insights.

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