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.

When is the next results date for Tega Inds.?

No Upcoming Board Meetings

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.

Are Tega Inds. latest results good or bad?

Tega Industries' latest results are disappointing, with a 48.8% decline in Profit Before Tax and a 13.1% drop in net sales compared to previous quarters, indicating a challenging financial period. The company's reliance on non-operating income raises concerns about sustainability.

Tega Industries' latest financial results for the quarter ending June 2025 are disappointing. The company reported a Profit Before Tax (PBT) of Rs 27.68 crore, which is a significant decline of 48.8% compared to the average PBT of Rs 54.01 crore over the previous four quarters. Similarly, the Profit After Tax (PAT) fell to Rs 35.34 crore, down 29.4% from the average PAT of Rs 50.03 crore during the same period.<BR><BR>Net sales also saw a downturn, totaling Rs 356.09 crore, marking a 13.1% decline from the average net sales of Rs 409.67 crore over the last four quarters. The company’s reliance on non-operating income, which constituted 35.94% of PBT, raises concerns about the sustainability of its financial model. Overall, Tega Industries' financial score has dropped to -8 from 17 in the past three months, indicating a negative trend.<BR><BR>In summary, the results reflect a challenging quarter for Tega Industries, with significant declines in key financial metrics.

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.

Should I buy, sell or hold Tega Inds.?

Which are the latest news on Tega Inds.?

Why is Tega Inds. falling/rising?

As of 04-Dec, Tega Industries Ltd's stock price is at 1,895.70, reflecting a decline of 1.87% and underperforming its sector. The stock has shown negative returns over the past week and month, with waning investor interest and a bearish trend indicated by its moving averages, despite strong management efficiency metrics.

As of 04-Dec, Tega Industries Ltd's stock price is falling, currently at 1,895.70, which reflects a decrease of 36.15 or 1.87%. This decline is part of a broader trend, as the stock has underperformed its sector by 1.31% today and has experienced consecutive falls over the last two days, totaling a drop of 2.16% in that period. <BR><BR>In terms of performance relative to the market, the stock has shown a negative return of 1.22% over the past week, while the Sensex has only decreased by 0.53%. Over the past month, Tega Industries has declined by 2.63%, contrasting with a positive return of 2.16% for the Sensex. <BR><BR>Investor participation appears to be waning, as evidenced by a 23.25% drop in delivery volume compared to the five-day average, indicating reduced interest from investors. Additionally, while the stock is trading above its 200-day moving average, it is below its shorter-term moving averages (5-day, 20-day, 50-day, and 100-day), suggesting a potential bearish trend. <BR><BR>Despite these negative indicators, the company maintains a high management efficiency with a return on capital employed (ROCE) of 20.56% and a low debt-to-equity ratio of 0.01, which are positive factors. However, the current market sentiment and recent performance metrics indicate that the stock is experiencing a downward trajectory.