Tega Industries Ltd
Established in 1976, Tega Industries is a leading manufacturer and distributor of specialized, critical, and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry. Globally, Tega industries are the second largest producers of polymer-based mill liners, based on revenues for the year 2020.[1]
- Market Cap ₹ 9,580 Cr.
- Current Price ₹ 1,440
- High / Low ₹ 1,475 / 644
- Stock P/E 84.4
- Book Value ₹ 162
- Dividend Yield 0.14 %
- ROCE 14.1 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 39.9% CAGR over last 5 years
Cons
- Stock is trading at 8.90 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Engineering Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
220 | 303 | 384 | 444 | 447 | 497 | 592 | 715 | 704 | |
208 | 304 | 331 | 361 | 363 | 371 | 484 | 562 | 550 | |
Operating Profit | 12 | -1 | 53 | 83 | 84 | 126 | 108 | 153 | 154 |
OPM % | 6% | -0% | 14% | 19% | 19% | 25% | 18% | 21% | 22% |
21 | 11 | 12 | 19 | 33 | 217 | 45 | 25 | 23 | |
Interest | 4 | 5 | 11 | 15 | 16 | 14 | 9 | 11 | 10 |
Depreciation | 9 | 19 | 24 | 24 | 26 | 25 | 21 | 18 | 19 |
Profit before tax | 20 | -14 | 31 | 63 | 76 | 305 | 124 | 150 | 148 |
Tax % | 35% | -19% | 31% | 19% | 15% | 10% | 22% | 24% | |
13 | -16 | 21 | 51 | 64 | 274 | 96 | 114 | 113 | |
EPS in Rs | 2.30 | -2.81 | 3.69 | 8.83 | 11.19 | 47.49 | 14.47 | 17.15 | 17.08 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 17% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 40% |
3 Years: | 20% |
TTM: | 1% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 112% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 19% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 58 | 58 | 58 | 58 | 58 | 58 | 66 | 66 | 66 |
Reserves | 421 | 345 | 367 | 417 | 481 | 755 | 851 | 965 | 1,009 |
Preference Capital | 9 | 9 | 9 | 9 | 9 | 9 | 0 | 0 | |
45 | 113 | 151 | 138 | 212 | 158 | 170 | 160 | 125 | |
60 | 126 | 109 | 121 | 127 | 144 | 141 | 127 | 199 | |
Total Liabilities | 583 | 642 | 684 | 734 | 877 | 1,115 | 1,228 | 1,318 | 1,400 |
62 | 171 | 159 | 125 | 131 | 142 | 140 | 156 | 156 | |
CWIP | 6 | 8 | 5 | 4 | 9 | 5 | 5 | 8 | 12 |
Investments | 275 | 180 | 168 | 243 | 397 | 626 | 641 | 721 | 783 |
240 | 282 | 352 | 361 | 340 | 342 | 442 | 433 | 448 | |
Total Assets | 583 | 642 | 684 | 734 | 877 | 1,115 | 1,228 | 1,318 | 1,400 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
58 | 15 | 54 | 112 | 132 | 8 | 144 | ||
-31 | -2 | -56 | -152 | -67 | -6 | -119 | ||
-29 | 15 | -34 | 45 | -70 | 1 | -24 | ||
Net Cash Flow | -2 | 28 | -36 | 5 | -5 | 2 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 190 | 156 | 170 | 183 | 151 | 132 | 120 | 105 |
Inventory Days | 211 | 272 | 162 | 146 | 172 | 200 | 231 | 168 |
Days Payable | 129 | 209 | 131 | 134 | 100 | 140 | 94 | 69 |
Cash Conversion Cycle | 272 | 219 | 200 | 196 | 223 | 193 | 257 | 204 |
Working Capital Days | 277 | 157 | 186 | 188 | 170 | 143 | 174 | 134 |
ROCE % | -2% | 8% | 13% | 13% | 37% | 13% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Apr - Of schedule of Analysts/Institutional Investors' meet under Regulation 30 of the SEBI (LODR) Regulations, 2015
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 Apr - In accordance with Regulation 30(6) read with Para A of Schedule III of the SEBI (LODR) Regulations, 2015, as amended, this is to inform you …
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Certificate issued under Regulation 74(5) of the SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended March 31, 2024.
-
Announcement under Regulation 30 (LODR)-Credit Rating
5 Apr - Listing Regulations, we wish to inform you that CRISIL Ratings Limited has upgraded the ratings of the Company.
- Closure of Trading Window 26 Mar
Concalls
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Sep 2023TranscriptPPTREC
-
Aug 2023TranscriptNotesPPT
-
Jun 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
Jun 2022Transcript PPT
-
Feb 2022Transcript PPT
Presence across the Entire Value chain
The company is the second-largest producer globally of polymer-based mill liners in terms of revenues. It is present across the value chain of a mineral processing site, providing a wide range of products and solutions for processing across different stages of mineral processing. [1]