MarketFriction

Tega Industries Ltd

NSE TEGA · BSE 543413 · Industrial Products
₹2,093.40 -0.63%
NSE close2026-10-01
52 week range1,473.00 - 2,198.00
Market cap₹15,481 Cr.
IPO 2021 · +362% since Nifty 500Smallcap 250 Price band 20% Delivery 37.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3773405073403534095363564054045271,723
Expenses2962843682763193183863003363584671,668
Operating Profit82561396434911505669466056
OPM %22%16%27%19%10%22%28%16%17%11%11%3.2%
Other Income47613151271718153718
Interest98777676665117
Depreciation141422232726262323242574
Profit before tax634211548167212443593267-116
Tax %25%15%22%23%54%24%18%18%24%38%37%-7%
Net Profit4736893775410235452043-108
EPS in Rs7.135.3613.455.521.098.1515.325.316.752.625.68-14.41
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5344975496346858069521,2141,4931,6391,6923,059
Expenses4814674755345766137689421,1761,2981,4592,828
Operating Profit533174100109193184271317341233231
OPM %10%6%13%16%16%24%19%22%21%21%14%8%
Other Income6242291250272527488889
Interest2320222523191719332824133
Depreciation30353338384039416410195146
Profit before tax5040465918415523624725920141
Tax %292%2,400%30%30%-11%26%25%22%22%23%29%
Net Profit-10-2283366136117184194200143-1
EPS in Rs-1.74-0.414.885.6611.3723.6817.6327.7329.1430.0818.990.64
Dividend Payout %0%0%0%0%0%0%0%7%7%7%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%16%12%85%
Compounded Profit Growth37%0%-8%-100%
Stock Price CAGR%%30%9%
Return on Equity13%13%11%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital585858585858586666676775
Reserves3813602823113353965476709831,1251,3303,332
Borrowings356320238249252287228245361308330398
Other Liabilities94106171150141140176189219385363504
Total Liabilities8898437497677858811,0101,1701,6291,8852,0894,310
Fixed Assets231234296287284266296298548600623661
CWIP1788549710121148111
Investments8371736077158201199217279262227
Other Assets5585303734154204485056638529951,1573,311
Total Assets8898437497677858811,0101,1701,6291,8852,0894,310
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity60446912817014179252195350
Cash from Investing Activity-148-14-102-80-25-235-96-129-991
Cash from Financing Activity-44-22-93-9-79363-115-381,690
Net Cash Flow230-381811-8641281,050
Free Cash Flow604443102122-27179252195350
CFO/OP212%71%83%136%104%31%83%93%75%195%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1071271181131169710010612110911297
Inventory Days175194240190172177179229200209217233
Days Payable104109169122114871118877104116178
Cash Conversion Cycle178213188181173187168247244215212153
Working Capital Days149156-023484364921098610077
ROCE %6%3%10%12%12%26%19%21%19%18%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.88%74.88%74.78%74.78%74.78%74.80%74.80%74.80%74.80%67.27%67.51%67.51%
FIIs1.83%1.48%1.48%1.70%1.77%1.68%1.73%1.75%1.87%1.48%2.14%2.80%
DIIs17.52%18.33%19.10%18.94%19.11%19.02%18.76%18.38%10.74%18.63%18.97%18.68%
Public5.75%5.30%4.63%4.56%4.32%4.50%4.70%5.07%12.58%12.63%11.38%11.02%
No. of Shareholders59,45859,60356,86256,23353,31853,53452,98653,22957,44756,17453,86753,397

Fundamentals

Market Cap₹ 15,481 Cr.
Current Price₹ 2,061
Book Value₹ 454
ROCE8.14 %
ROE5.94 %
Dividend Yield0.10 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)85%
Compounded Profit Growth (TTM)-100%
Consolidated figures.
Valuation
Market capRs 15,727 Cr
Enterprise valueRs 14,003 Cr
Price to book4.62x
Price to sales5.14x
EV / EBITDA43.73x
EV / EBIT80.22x
EV / sales4.58x
Price to cash flow44.89x
Earnings yield-0.01%
Dividend yield0.10%
P/E, 3-year average59.71x
P/B, 3-year average5.87x
P/E, 5-year average46.22x
P/B, 5-year average5.26x
Profitability
Operating margin (excl. other income)13.75%
Operating margin (incl. other income)18.93%
EBITDA margin10.47%
Pre-tax margin1.35%
Net profit margin-0.03%
Net margin, latest quarter-6.28%
ROE5.94%
ROCE8.14%
ROA4.46%
ROE, 3-year average12.90%
ROCE, 3-year average15.06%
ROA, 3-year average8.52%
ROE, 5-year average15.35%
ROCE, 5-year average17.10%
ROA, 5-year average9.89%
ROIC (approx.)7.36%
Tax rate29.07%
Other income / net worth2.57%
Growth
Sales growth (latest year)3.25%
Profit growth (latest year)-28.72%
Sales CAGR, 3 years11.70%
Sales CAGR, 5 years16.00%
Profit CAGR, 3 years-8.14%
Profit CAGR, 5 years0.90%
Sales growth QoQ227.16%
Profit growth QoQ-353.69%
Sales growth YoY (latest quarter)383.99%
Profit growth YoY (latest quarter)-406.31%
Per share
EPS (TTM)Rs -0.12
EPS (latest year)Rs 18.99
EPS (latest quarter)Rs -14.41
EPS, 3-year averageRs 26.07
EPS, 5-year averageRs 24.71
Book value per shareRs 453.52
Sales per shareRs 407.21
Cash flow per shareRs 46.63
Free cash flow per shareRs 46.59
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 2.00
Dividend per share, 5-year averageRs 2.00
Dividends
Dividend payout10.54%
Dividend payout, 3-year average8.02%
Dividend payout, 5-year average7.82%
Efficiency
Asset turnover0.39x
Fixed asset turnover2.56x
Inventory turnover1.87x
Inventory days195 days
Debtor days97 days
Debtors turnover3.74x
Creditor days178 days
Cash conversion cycle153 days
Working capital days77 days
Leverage
Total debtRs 398 Cr
Cash and bankRs 2,122 Cr
Net debtRs -1,724 Cr
Debt to equity0.12x
Net debt / EBITDA-5.38x
Interest coverage1.31x
Current ratio (filing 2026-03-31)4.72x
Quick ratio (filing 2026-03-31)4.12x
Trade payables (filing 2026-03-31)Rs 334 Cr
Owners' fund to total sources79.05%
Debt to assets9.24%
Cash flow
Cash from Operating Activity (latest year)Rs 350 Cr
Cash from Investing Activity (latest year)Rs -991 Cr
Cash from Financing Activity (latest year)Rs 1,690 Cr
Net Cash Flow (latest year)Rs 1,050 Cr
Free cash flow (latest year)Rs 350 Cr
FCFE (approx.: FCF + change in debt)Rs 419 Cr
Cash from ops / profit, 5 years1.18x
Sales to cash flow4.83x
Statement figures
Net sales (TTM)Rs 3,059 Cr
Net sales (latest year)Rs 1,692 Cr
Sales (latest quarter)Rs 1,723 Cr
Operating profit excl. other income (latest year)Rs 233 Cr
Operating profit (latest quarter)Rs 56 Cr
Other income (TTM)Rs 89 Cr
EBITDA (TTM)Rs 320 Cr
PBDT (TTM)Rs 187 Cr
Profit before tax (TTM)Rs 41 Cr
Tax (latest year)Rs 58 Cr
Net profit (TTM)Rs -1 Cr
Net profit (latest year)Rs 143 Cr
Net profit (latest quarter)Rs -108 Cr
Depreciation (TTM)Rs 146 Cr
Depreciation (latest quarter)Rs 74 Cr
Interest (TTM)Rs 133 Cr
Cost of goods sold (latest year)Rs 817 Cr
Total expenditure (latest year)Rs 1,459 Cr
Total income (latest year)Rs 1,780 Cr
Share capitalRs 75 Cr
ReservesRs 3,332 Cr
Shareholders' fundsRs 3,407 Cr
Total assetsRs 4,310 Cr
Net blockRs 661 Cr
Capital work in progressRs 111 Cr
InvestmentsRs 227 Cr
ReceivablesRs 452 Cr
InventoryRs 437 Cr
Other liabilitiesRs 504 Cr
Shares outstanding (crore)7.51
Ownership
Promoter holding67.51% (-7.29 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 4.62 is at the 5th percentile (median 8.28).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTEGANifty 50Difference
1 week+1.5%-2.8% +4.3 pts
1 month+33.3%-6.8% +40.1 pts
3 months+27.4%-7.6% +35.0 pts
6 months+26.0%+0.4% +25.6 pts
1 year+7.3%-9.9% +17.2 pts
2 years+13.7%-13.6% +27.2 pts
3 years+124.9%+14.2% +110.7 pts
53 mutual fund schemes hold about ₹1,638 Cr. Over three months 1 bought more and 52 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Tata Small Cap Fund3.15%412 -28%
HDFC Small Cap Fund0.88%369 -29%
HDFC Balanced Advantage Fund0.18%195 -27%
Tata Large & Mid Cap Fund2.48%190 -25%
ICICI Pru Aggressive Hybrid Fund(A0.20%107 -28%
HDFC Children's Fund(Lock in)0.68%73 -37%
DSP India T.I.G.E.R Fund0.77%50 -29%
Tata Aggressive Hybrid Fund0.98%40 -32%
ICICI Pru ELSS-Tax Saver Fund0.27%38 -27%
Tata Multi Asset Allocation Fund0.58%30 -28%
Mahindra Manulife Multi Cap Fund0.38%29 -40%
Bajaj Finserv Small Cap Fund0.84%22 -38%
Bandhan Infrastructure Fund1.28%18 -22%
Bandhan Innovation Fund0.64%17 -40%
Bandhan Balanced Advantage Fund0.53%12 -28%
Bandhan Business Cycle Fund1.07%12 -20%
Mahindra Manulife Business Cycle Fund0.64%9 -28%
Nippon India Nifty Smallcap 250 Index Fund0.12%4 -29%
SBI Nifty Smallcap 250 Index Fund0.12%2 -29%
PGIM India Multi Cap Fund0.39%2 -32%
Motilal Oswal Nifty Smallcap 250 Index Fund0.12%2 -29%
Nippon India Nifty 500 Equal Weight Index Fund0.19%1 -24%
ICICI Pru Nifty Smallcap 250 Index Fund0.12%1 -29%
HDFC NIFTY Smallcap 250 Index Fund0.12%1 -29%
JioBlackRock Nifty Smallcap 250 Index Fund0.12%0 -29%

Red flags

F-score 4 of 8
lookShare dilution Share count up 13% in a year, 13% in three
lookProfit leans on other income Other income was 44% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,723 Cr +384.0% vs Jun 2025. Net loss ₹108 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-11Dividend - Rs 2 Per Share
2025-09-08Dividend - Rs 2 Per Share
2024-08-09Dividend - Rs 2 Per Share
2023-08-18Dividend - Rs 2 Per Share
DateTypeWhat it says
2026-09-25Shareholder meetingVoting results.
2026-09-24Shareholder meetingProceedings of Annual General Meeting held on September 24, 2026
2026-09-23General UpdatesGeneral Updates
2026-09-23Shareholder meetingVoting results.
2026-09-22Shareholder meetingVoting results.
2026-09-18General UpdatesIntimation pursuant to Reg. 30 of the SEBI LODR Regulations, 2015.
2026-09-17Volume querySignificant increase in volume has been observed in Tega Industries Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-09-17Volume querySignificant increase in volume has been observed in Tega Industries Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-09-11General UpdatesGeneral Updates
2026-09-08General UpdatesGeneral Updates
2026-09-08General UpdatesGeneral Updates
2026-09-08Volume querySignificant increase in volume has been observed in Tega Industries Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-09-07Volume querySignificant increase in volume has been observed in Tega Industries Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-09-02General UpdatesGeneral Updates
2026-09-01General UpdatesRecord date.
2026-09-01General UpdatesDate of payment of dividend.
2026-09-01Shareholder meetingNotice of Annual General Meeting to be held on September 24, 2026
2026-08-27General UpdatesGeneral Updates
2026-08-22Shareholder meetingNotice of Postal Ballot
2026-08-22Board meeting outcomeOutcome of Board Meeting held on August 22, 2026.
2026-08-20Concall / analyst meetTranscript
2026-08-19Shareholder meetingNotice of Postal Ballot
2026-08-13Concall / analyst meetLink of Recording
2026-08-13Monitoring Agency ReportPlease find enclosed herewith the Monitoring Agency Report for the Quarter ended June 30, 2026.
2026-08-13Investor PresentationInvestor Presentation
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Close to Close price movement greater than 25perc in previous 1 monthScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Tega Industries Ltd?

Tega Industries Ltd (TEGA) has a market capitalisation of Rs 15,481 Cr. at the 2026-10-01 close.

What were Tega Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Tega Industries Ltd sales was Rs 1,723 Cr (+384.0% vs Jun 2025) with a net loss of Rs 108 Cr.

What is the 52-week high and low of Tega Industries Ltd?

The 52-week high is Rs 2,198.00 and the 52-week low is Rs 1,473.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03