Tega Inds.

Is Tega Inds. overvalued or undervalued?

As of May 15, 2023, Tega Industries is considered very expensive and overvalued with a PE ratio of 53.03, significantly higher than its peers, indicating that its current stock price is not justified despite a recent strong return.

As of 15 May 2023, Tega Industries has moved from expensive to very expensive in its valuation grade. The company is currently overvalued, with a PE ratio of 53.03, a Price to Book Value of 7.60, and an EV to EBITDA ratio of 31.14. These figures suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Tega Industries stands out with a significantly higher PE ratio than Larsen & Toubro Ltd., which has a PE of 34.21, indicating that Tega is priced much higher relative to its earnings. Siemens Ltd. also shows a higher valuation with a PE of 56.88, but Tega's valuation remains on the higher end of the spectrum. Despite a strong return of 26.16% over the past month compared to the Sensex's 3.81%, the overall valuation metrics indicate that Tega Industries is not justified at its current price level.

Who are the top shareholders of the Tega Inds.?

The top shareholders of Tega Industries include Nihal Fiscal Services Private Limited with 55.8%, mutual funds holding 15.69%, and HDFC Trustee Company Ltd. with 3.68%. Individual investors own approximately 3.6%, and there are no pledged promoter holdings.

The top shareholders of Tega Industries include the promoters, who hold the majority of the shares. The promoter with the highest holding is Nihal Fiscal Services Private Limited, which owns 55.8% of the company. Additionally, mutual funds collectively hold 15.69% through 18 different schemes. Among public shareholders, HDFC Trustee Company Ltd., acting on behalf of the HDFC Balanced Advantage Fund, is the largest, with a holding of 3.68%. Individual investors also hold about 3.6% of the shares. There are no pledged promoter holdings reported.

What does Tega Inds. do?

Tega Industries Ltd is a mid-cap company in the industrial manufacturing sector, reporting net sales of 536 Cr and a net profit of 102 Cr for the quarter ending March 2025. Key metrics include a P/E ratio of 54.00 and a market cap of Rs 10,662 Cr.

Overview: <BR>Tega Industries Ltd operates in the industrial manufacturing sector and is classified as a mid-cap company.<BR><BR>History: <BR>Tega Industries Ltd was originally incorporated as Tega India Limited in 1976. The company underwent a name change to Tega Industries Limited on February 1, 2002. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 536 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 102 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 10,662 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 54.00 <BR>Industry P/E: 40 <BR>Dividend Yield: 0.12% <BR>Debt Equity: -0.02 <BR>Return on Equity: 14.33% <BR>Price to Book: 7.73 <BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are in the management team of Tega Inds.?

As of March 2022, Tega Industries' management team includes Chairman Madan Mohan Mohanka, Group CEO Mehul Mohanka, Executive Director Syed Yaver Imam, and several independent and non-executive directors, with varying remuneration levels. Manjuree Rai serves as the Company Secretary & Compliance Officer.

As of March 2022, the management team of Tega Industries includes:<BR><BR>- **Madan Mohan Mohanka**: Chairman & Executive Director, with a remuneration of Rs. 6.04 crore.<BR>- **Mehul Mohanka**: Group CEO & Executive Director, with a remuneration of Rs. 6.95 crore.<BR>- **Syed Yaver Imam**: Executive Director, with a remuneration of Rs. 2.04 crore.<BR>- **Jagdishwar Prasad Sinha**: Independent Director, with a remuneration of Rs. 12.6 lakhs.<BR>- **Madhu Damani**: Independent Director, with a remuneration of Rs. 12.6 lakhs.<BR>- **Ashwani Maheshwari**: Non-Executive Director, with a remuneration of Rs. 12.8 lakhs.<BR>- **Manjuree Rai**: Company Secretary & Compliance Officer, with no remuneration listed.<BR><BR>This outlines the key members of the management team and their respective roles within the company.

Has Tega Inds. declared dividend?

Tega Industries Ltd has declared a 20% dividend, amounting to ₹2 per share, with an ex-date of August 9, 2024. The dividend yield is 0.12%, and total returns have shown strong performance over longer periods, particularly a 250.43% total return over three years.

Tega Industries Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2<BR>- Ex-date: 09 Aug 24<BR><BR>Dividend Yield: 0.12%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 0.13%, with a dividend return of 0%, resulting in a total return of 0.13%.<BR><BR>Over the past year, the price return was 4.21%, with a dividend return of 0.12%, leading to a total return of 4.33%.<BR><BR>In the two-year period, the price return was 79.56%, with a dividend return of 0.43%, culminating in a total return of 79.99%.<BR><BR>For the three-year period, the price return was 249.56%, with a dividend return of 0.87%, resulting in a total return of 250.43%.<BR><BR>In the four-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>Over the five-year period, there was also no price return or dividend return, leading to a total return of 0.0%.<BR><BR>Overall, Tega Industries Ltd has declared a dividend, contributing to a modest dividend yield. The total returns indicate strong performance over longer periods, particularly in the three-year timeframe, despite some periods showing no returns.

Who are the peers of the Tega Inds.?

Tega Inds. peers include LMW, Jupiter Wagons, Elecon Engg.Co, Titagarh Rail, Syrma SGS Tech., Praj Industries, Lloyds Engineeri, Texmaco Rail, GMM Pfaudler, and The Anup Enginee. Management risk varies from excellent to average, with Tega Inds. showing good growth and a 1-year return of 5.04%.

Peers: The peers of Tega Inds. are LMW, Jupiter Wagons, Elecon Engg.Co, Titagarh Rail, Syrma SGS Tech., Praj Industries, Lloyds Engineeri, Texmaco Rail, GMM Pfaudler, and The Anup Enginee.<BR><BR>Quality Snapshot: Excellent management risk is observed at Elecon Engg.Co, Praj Industries, GMM Pfaudler, and The Anup Enginee, while Good management risk is found at Tega Inds., Syrma SGS Tech., and the rest. Average management risk is present at LMW, Jupiter Wagons, Titagarh Rail, Lloyds Engineeri, and Texmaco Rail. Growth is Excellent at Jupiter Wagons, Praj Industries, and Lloyds Engineeri, while Good growth is seen at Elecon Engg.Co, Titagarh Rail, Syrma SGS Tech., and Tega Inds., and the rest show Below Average or Average growth. Capital Structure is Excellent for LMW, Jupiter Wagons, Elecon Engg.Co, Praj Industries, Lloyds Engineeri, and Tega Inds., while Good is found at Syrma SGS Tech. and GMM Pfaudler, and Below Average at Titagarh Rail and Texmaco Rail.<BR><BR>Return Snapshot: Syrma SGS Tech. has the highest 1-year return at 45.44%, while Jupiter Wagons has the lowest at -43.73%. Tega Inds. has a 1-year return of 5.04%, which is significantly higher than Jupiter Wagons but lower than Syrma SGS Tech. Additionally, peers such as Jupiter Wagons, Titagarh Rail, and Texmaco Rail have negative six-month returns.

How big is Tega Inds.?

As of 24th July, Tega Industries Ltd has a market capitalization of 12,974.00 Cr, with net sales of 1,638.66 Cr and a net profit of 200.12 Cr reported in the latest four quarters.

As of 24th July, Tega Industries Ltd has a market capitalization of 12,974.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Tega Industries reported net sales of 1,638.66 Cr and a net profit of 200.12 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with shareholder's funds amounting to 1,191.82 Cr and total assets of 1,871.21 Cr.

Is Tega Inds. technically bullish or bearish?

As of 26 November 2025, Tega Inds. shows a mildly bullish trend supported by daily moving averages, though caution is advised due to mixed signals from weekly and monthly indicators.

As of 26 November 2025, the technical trend for Tega Inds. has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly and monthly MACD and Dow Theory readings are mildly bearish, suggesting some caution. The Bollinger Bands on a monthly basis are mildly bullish, providing additional support to the overall bullish sentiment. The KST shows a mixed signal with a bullish monthly reading but a mildly bearish weekly one. Overall, the strength of the bullish trend is tempered by the bearish signals in the longer time frames.

How has been the historical performance of Tega Inds.?

Tega Inds. has shown consistent growth over the past five years, with net sales increasing from 805.52 Cr in Mar'21 to 1,638.65 Cr in Mar'25, and profit after tax rising from 133.73 Cr to 195.65 Cr. The company's total assets also grew significantly, reflecting robust financial stability.

Answer:<BR>The historical performance of Tega Inds. shows a consistent growth trend across various financial metrics over the past five years.<BR><BR>Breakdown:<BR>Tega Inds. has demonstrated significant growth in net sales, increasing from 805.52 Cr in Mar'21 to 1,638.65 Cr in Mar'25. This upward trend is reflected in total operating income, which rose from 805.52 Cr to 1,638.65 Cr during the same period. The company’s total expenditure also increased, from 618.04 Cr in Mar'21 to 1,298.84 Cr in Mar'25, leading to an operating profit (PBDIT) growth from 187.48 Cr to 382.96 Cr. Profit before tax has similarly improved, reaching 254.73 Cr in Mar'25 compared to 181.18 Cr in Mar'21. Consequently, profit after tax has risen from 133.73 Cr to 195.65 Cr over the same timeframe. The earnings per share (EPS) have increased from 23.68 to 30.08, indicating enhanced shareholder value. On the balance sheet, total assets grew from 856.53 Cr in Mar'21 to 2,058.32 Cr in Mar'25, while total liabilities also increased from 992.71 Cr to 2,058.32 Cr. The cash flow from operating activities peaked at 195.00 Cr in Mar'25, although cash flow from investing activities showed a negative trend, indicating ongoing investments. Overall, Tega Inds. has shown robust financial growth and stability over the past five years.

When is the next results date for Tega Industries Ltd?

The next results date for Tega Industries Ltd is 12 February 2026.

The next results date for Tega Industries Ltd is scheduled for 12 February 2026.

Are Tega Industries Ltd latest results good or bad?

Tega Industries Ltd's latest results show strong revenue growth of 30.48%, but profitability has declined significantly, with net profit margins dropping to 8.10% and a 58.13% year-on-year profit decrease. While revenue growth is positive, concerns about margin compression and reliance on other income suggest underlying challenges for the company.

Tega Industries Ltd's latest results present a mixed picture. On one hand, the company achieved robust revenue growth of 30.48% quarter-on-quarter, reaching ₹526.78 crores in Q4 FY26. This indicates strong demand and operational momentum. However, the profitability metrics reveal significant challenges. <BR><BR>Operating margins, excluding other income, slightly compressed to 11.42% from 11.44% in the previous quarter, and net profit margins fell sharply to 8.10%, down from 19.01% in the same quarter last year. This decline in profitability is concerning, especially given that net profit dropped 58.13% year-on-year, despite only a modest revenue decline of 1.74%.<BR><BR>Additionally, the company's heavy reliance on other income, which constituted 54.25% of profit before tax, raises questions about the sustainability of its earnings. The significant contraction in core operational profitability suggests that Tega Industries is facing substantial headwinds.<BR><BR>Overall, while the revenue growth is a positive sign, the deterioration in margins and profit quality points to underlying issues that investors should be cautious about. The current valuation, trading at a high price-to-earnings ratio compared to industry averages, further complicates the outlook, indicating that the stock may be overvalued given its recent performance.

Should I buy, sell or hold Tega Industries Ltd?

Why is Tega Industries Ltd falling/rising?

As of 02-Jun, Tega Industries Ltd's stock price is rising to 1,827.00, driven by strong recent performance and increased investor interest, despite some concerns about long-term profitability. The stock has outperformed the Sensex significantly over the past week and month, with heightened institutional confidence reflected in increased holdings.

As of 02-Jun, Tega Industries Ltd's stock price is rising, currently at 1,827.00, reflecting a change of 13.1 (0.72%) upward. This increase can be attributed to several factors. The stock has shown strong performance over the past week, with a return of +14.96%, significantly outperforming the Sensex, which declined by -1.79% during the same period. Additionally, the stock has generated a return of +10.17% over the last month, again surpassing the Sensex's -2.94% return.<BR><BR>Investor participation has also increased, with delivery volume rising by 403.82% on June 1 compared to the 5-day average, indicating heightened interest in the stock. Despite today's performance showing a slight underperformance against its sector by -0.31%, the stock reached an intraday high of Rs 1881, reflecting positive trading activity.<BR><BR>Moreover, Tega Industries Ltd has high institutional holdings at 21.11%, which suggests confidence from institutional investors who typically have better resources to analyze company fundamentals. Their stake has increased by 1.02% over the previous quarter, further supporting the stock's upward movement.<BR><BR>However, it is important to note that the stock has experienced a trend reversal, having fallen after three consecutive days of gains. Additionally, while the stock has performed well in the short term, there are concerns regarding its long-term growth, as evidenced by a decline in operating profit over the last five years and negative results reported in March 2026.<BR><BR>In summary, the current rise in Tega Industries Ltd's stock price is primarily driven by strong recent performance, increased investor participation, and positive institutional sentiment, despite some underlying concerns regarding long-term profitability.

Which are the latest news on Tega Inds.?