Tega Inds.

Why is Tega Industries Ltd falling/rising?

As of N/A, Tega Industries Ltd is facing a stock price decline to 1,621.15, down -1.54%, with a one-year return of -14.68% compared to the market's -0.67%. This underperformance is driven by decreasing profits, low return on capital, and a high valuation relative to peers, leading to diminished investor confidence.

As of N/A, Tega Industries Ltd is experiencing a decline in its stock price, currently at 1,621.15, reflecting a change of -25.3 or -1.54%. The stock has underperformed significantly compared to the broader market, with a one-year return of -14.68%, while the market (BSE500) has only fallen by -0.67%. This substantial underperformance indicates a lack of investor confidence in the company's future prospects.<BR><BR>Several negative factors contribute to this decline. The company's operating profit has decreased at an annual rate of -1.43% over the last five years, suggesting poor long-term growth potential. Recent financial results have also been disappointing, with a reported profit before tax (PBT) falling by -40.2% compared to the previous four-quarter average, and a net profit after tax (PAT) declining by -15.5%. Additionally, the return on capital employed (ROCE) is at a low of 5.88%, indicating inefficiency in generating profits from its capital.<BR><BR>Despite having a low debt-to-equity ratio of 0.03 and high institutional holdings at 21.11%, which have increased by 1.02% over the previous quarter, these factors have not been sufficient to offset the negative sentiment surrounding the stock. The company's valuation appears expensive, with a price-to-book value of 3.6, which is above the average historical valuations of its peers. This premium valuation, combined with declining profits of -28.7% over the past year, further exacerbates the stock's downward pressure.<BR><BR>Overall, the combination of poor financial performance, high valuation relative to peers, and significant underperformance in the market contributes to the falling stock price of Tega Industries Ltd.

Which are the latest news on Tega Inds.?

Should I buy, sell or hold Tega Industries Ltd?

What does Tega Inds. do?

Tega Industries Ltd is a small-cap industrial manufacturing company, originally founded in 1976, with recent quarterly net sales of ₹527 Cr and a net profit of ₹43 Cr. The company has a market cap of ₹13,633 Cr and key financial metrics include a P/E ratio of 92.00 and a dividend yield of 0.10%.

Overview: <BR>Tega Industries Ltd is a small-cap company operating in the industrial manufacturing sector.<BR><BR>History: <BR>Tega Industries Limited 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 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 527 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 43 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 13,633 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 92.00 <BR>Industry P/E: 44 <BR>Dividend Yield: 0.10% <BR>Debt-Equity: -0.56 <BR>Return on Equity: 4.19% <BR>Price to Book: 3.95 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Tega Inds.?

As of 10th June, Tega Industries Ltd has a market capitalization of 13,633.00 Cr, with net sales of 1,691.93 Cr and a net profit of 142.66 Cr reported in the latest four quarters. The balance sheet for March 2025 shows shareholder's funds of 1,396.69 Cr and total assets of 2,058.32 Cr.

As of 10th June, Tega Industries Ltd has a market capitalization of 13,633.00 Cr, which classifies it as a Small Cap company.<BR><BR>In the latest four quarters, Tega Industries reported net sales of 1,691.93 Cr and a net profit of 142.66 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing shareholder's funds of 1,396.69 Cr and total assets of 2,058.32 Cr.

Who are in the management team of Tega Inds.?

The management team of Tega Industries includes Chairman Madan Mohan Mohanka, Group CEO Mehul Mohanka, Executive Director Syed Yaver Imam, Independent Directors Jagdishwar Prasad Sinha and Madhu Damani, Non-Executive Director Ashwani Maheshwari, and Company Secretary Manjuree Rai. They are responsible for guiding the company's strategy and operations.

The management team of Tega Industries includes the following key members:<BR><BR>1. **Madan Mohan Mohanka** - Chairman & Executive Director<BR>2. **Mehul Mohanka** - Group CEO & Executive Director<BR>3. **Syed Yaver Imam** - Executive Director<BR>4. **Jagdishwar Prasad Sinha** - Independent Director<BR>5. **Madhu Damani** - Independent Director<BR>6. **Ashwani Maheshwari** - Non-Executive Director<BR>7. **Manjuree Rai** - Company Secretary & Compliance Officer<BR><BR>These individuals play significant roles in guiding the company's strategy and operations.

Who are the peers of the Tega Inds.?

Tega Inds. peers include Honeywell Auto, Syrma SGS Tech., Kaynes Tech, LMW, Jyoti CNC Auto., Elecon Engg. Co, Jupiter Wagons, Titagarh Rail, and Lloyds Engineering. Syrma SGS Tech. leads in 1-year returns at 134.43%, while Tega Inds. has a 1-year return of 10.34%.

Peers: The peers of Tega Inds. are Honeywell Auto, Syrma SGS Tech., Kaynes Tech, LMW, Jyoti CNC Auto., Elecon Engg.Co, Jupiter Wagons, Titagarh Rail, and Lloyds Engineeri.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto, Jyoti CNC Auto., Elecon Engg.Co, Jupiter Wagons, and Titagarh Rail, while Average management risk is found at Syrma SGS Tech., Kaynes Tech, LMW, and Lloyds Engineeri. Good growth is noted at Syrma SGS Tech., Kaynes Tech, Jyoti CNC Auto., Elecon Engg.Co, and Jupiter Wagons, while Below Average growth is seen at Tega Inds. and Average growth at LMW. Excellent capital structure is present at Honeywell Auto, LMW, Tega Inds., Elecon Engg.Co, Jupiter Wagons, and Lloyds Engineeri, while Good capital structure is found at Syrma SGS Tech., Kaynes Tech, and Jyoti CNC Auto.<BR><BR>Return Snapshot: Syrma SGS Tech. has the highest 1-year return at 134.43%, while Kaynes Tech has the lowest at -44.84%. Tega Inds. has a 1-year return of 10.34%, which is significantly higher than Kaynes Tech but lower than Syrma SGS Tech. Additionally, the six-month return is negative for Tega Inds., Kaynes Tech, Jyoti CNC Auto., and Jupiter Wagons.

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.

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.

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.

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.

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.

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.