Tega Industries Limited
₹1,682.00-₹82.00 (-4.6%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹14,107 Cr
- P/E
- 78.1x
- EV / EBITDA
- 72.5x
- Revenue
- ₹895 Cr
- Net margin
- 17.1%
- ROCE
- 13.1%
Price chart
Technical chartScreen technicals →-12.3% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -20.2%
- 3M
- +13.8%
- 6M
- +1.4%
- 1Y
- -12.3%
- 5Y
- +173.8%
52-week range
Day change -₹82.00 (-4.6%) from ₹1,764 to ₹1,682 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in TEGA, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Operating margin of 22.5% exceeds Industrials median (14.1%)
Concerns1
- Valuation elevated — PE of 78.1x is 35% above peer average of 57.8x
Rule-based from financial data. Not advice.
About the company
Tega Industries Limited designs, manufactures, and installs process equipment and accessories for the mineral processing, mining, and material handling industries. It offers a range of grinding mill liners, such as DynaPrime, DynaSteel, DynaPulp, and DynaWear.
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Tega Industries Limited designs, manufactures, and installs process equipment and accessories for the mineral processing, mining, and material handling industries. It offers a range of grinding mill liners, such as DynaPrime, DynaSteel, DynaPulp, and DynaWear. The company also offers conveyor components products comprising centrax, friflo, spill-ex skirt sealing, bed system manufacturer, eco-flip skirt, single wing, ceramic pulley lagging, and ceradisc. In addition, it provides wear products, such as ceramic liners, composite liners, rubber liners, flow promoting liners, thunder air blasters, and engineered chutes; screens and trommels; wear-resistant lining solutions made of rubber, polyurethane, steel and ceramics, essential for mineral processing, screening, grinding, and material handling; and trommels for heavy and light duty applications. Further, the company designs and supplies tornado hydrocyclones for the mining and mineral processing sectors. It operates in North America, South America, Europe, the Middle East, Russia, Africa, South East Asia, Australia, and India. The company was incorporated in 1976 and is based in Kolkata, India. Tega Industries Limited is a subsidiary of Nihal Fiscal Services Private Limited.
- Sector
- Industrials
- Shares outstanding
- 7.5 Cr shares
- ISIN
- INE011K01018
- BSE code
- 543413
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹14,107 Cr
- P/E
- 78.1x
- P/B
- 9.0x
- EV / EBITDA
- 72.5x
- EV / Sales
- 19.2x
- P/S
- 19.1x
- Earnings yield
- 1.3%
- 52-week high
- ₹2,130.50
- 52-week low
- ₹1,477.45
Profitability
- Operating margin
- 22.5%
- Net margin
- 17.1%
- EBITDA margin
- 26.5%
- ROE
- 11.0%
- ROCE
- 13.1%
- ROA
- 8.7%
- Dividend payout
- 11.0%
- Tax rate
- 23.0%
- Other income, % of PBT
- 17.7%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹895 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 21.4%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.5%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹195 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 9.6%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 39.7%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹105 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -27.1%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.3%
Solvency and efficiency
- Current ratio
- 6.97
- Debt / Equity
- 0.11
- Debt / Assets
- 0.09
- Debt / EBITDA
- 0.65
- Interest coverage
- 15.09
- Financial leverage
- 1.27
- CFO / Net profit
- 0.83
- Cash / Market cap
- 3.6%
- Cash per share
- ₹68.16
- Asset turnover
- 0.51
- Fixed asset turnover
- 4.31
- Capital intensity
- 0.23
- Debtor days
- 116 days
- Inventory turnover
- 1.49
- Cash conversion cycle
- 264 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹20 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹687 Cr |
| Sales | Operating profit | ₹208 Cr |
| Operating profit | Interest | ₹9 Cr |
| Operating profit | Depreciation | ₹24 Cr |
| Operating profit | Profit before tax | ₹175 Cr |
| Other income | Profit before tax | ₹55 Cr |
| Profit before tax | Tax and other | ₹54 Cr |
| Profit before tax | Net profit | ₹176 Cr |
Revenue and net profit
Revenue grew 21.4% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹497 Cr | ₹274 Cr |
| FY2022 | ₹592 Cr | ₹96 Cr |
| FY2023 | ₹715 Cr | ₹114 Cr |
| FY2024 | ₹737 Cr | ₹126 Cr |
| FY2025 | ₹895 Cr | ₹176 Cr |
Cash flows
FY2025: ₹17.0 Cr from operations, ₹40.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹132 Cr | ₹65 Cr |
| FY2022 | ₹8 Cr | ₹2 Cr |
| FY2023 | ₹144 Cr | ₹25 Cr |
| FY2024 | ₹105 Cr | ₹51 Cr |
| FY2025 | ₹17 Cr | ₹40 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹895 Cr+21.4%1Y
- Net profit
- ₹176 Cr+39.7%1Y
- Cash from operations
- ₹17 Cr
- Free cash flow
- ₹40 Cr-21.6%1Y
- Revenue CAGR, 5Y
- 10.5%
- EBITDA CAGR, 5Y
- 10.6%
- Net profit CAGR, 5Y
- 14.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹895 Cr | ₹208 Cr | — | ₹176 Cr | ₹17 Cr | ₹40 Cr | 13.5% | +21.4% | +39.7% |
Monthly returns
Month-by-month returns of TEGA across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,556 Cr |
| Equity capital | ₹67 Cr |
| Reserves | ₹1,241 Cr |
| Borrowings | ₹106 Cr |
| Other liabilities | ₹142 Cr |
| Assets | ₹1,556 Cr |
| Fixed assets | ₹183 Cr |
| Capital work in progress | ₹4 Cr |
| Investments | ₹741 Cr |
| Other assets | ₹629 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
TEGA trades at 78.1x earnings against a peer median of 38.3x (a 104% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Tega Industries LimitedTEGAthis companyP/E ↑ premium | ₹14,107 Cr | 78.1x | 9.0x | 11.0% | 72.5x |
| LMW LimitedLMW | ₹15,019 Cr | 98.8x | 5.1x | 13.9% | 25.4x |
| BEML LtdBEML | ₹14,690 Cr | 48.4x | 5.3x | 10.7% | 27.7x |
| Data Patterns (India) LimitedDATAPATTNS | ₹14,502 Cr | 62.1x | 9.4x | 13.7% | 53.2x |
| Elgi Equipments Ltd.ELGIEQUIP | ₹13,958 Cr | 39.7x | 7.6x | 21.9% | 29.2x |
| Syrma SGS Technology LimitedSYRMA | ₹13,598 Cr | 74.8x | 4.9x | 1.4% | 159.4x |
| ELITECON INTERNATIONAL LIMITEDELITECON | ₹13,544 Cr | 228.0x | 83.9x | -7.1% | 1952.1x |
| GALLANTT ISPAT LIMITEDGALLANTT | ₹13,461 Cr | 27.4x | 4.3x | 9.2% | 30.1x |
| Afcons Infrastructure LimitedAFCONS | ₹13,273 Cr | 22.5x | 2.7x | 14.4% | 7.6x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
TEGA since 1 January, against earlier years.
Historical volatility
TEGA's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 25.0% |
| FY2022 | 18.0% |
| FY2023 | 21.0% |
| FY2024 | 23.0% |
| FY2025 | 23.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹895 Cr |
| Costs | |
| Interest | ₹9 Cr |
| Expenses | ₹687 Cr |
| Operating profitOperating Profit | ₹208 Cr |
| Other income and charges | |
| Profit before tax | ₹230 Cr |
| Tax | |
| Net profitNet Profit | ₹176 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,556 Cr |
| Equity capitalEquity Capital | ₹67 Cr |
| Reserves | ₹1,241 Cr |
| Borrowings | ₹106 Cr |
| Other liabilitiesOther Liabilities | ₹142 Cr |
| AssetsTotal Assets | ₹1,556 Cr |
| Fixed assetsFixed Assets | ₹183 Cr |
| Capital work in progressCWIP | ₹4 Cr |
| Investments | ₹741 Cr |
| Other assetsOther Assets | ₹629 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹17 Cr |
| Investing cash flowCash from Investing Activity | ₹23 Cr |
| Financing cash flowCash from Financing Activity | -₹38 Cr |
| Change in cashNet Cash Flow | ₹1 Cr |
Learn while you research
Academy chapters picked for Tega Industries Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 78.1, learn when high multiples are justified.6 min read
- 04 Growth Investing21% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read