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 ₹ 12,895 Cr.
- Current Price ₹ 1,938
- High / Low ₹ 2,329 / 1,200
- Stock P/E 64.4
- Book Value ₹ 210
- Dividend Yield 0.10 %
- ROCE 17.7 %
- ROE 15.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 24.8% CAGR over last 5 years
Cons
- Stock is trading at 9.23 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
622 | 534 | 497 | 549 | 634 | 685 | 806 | 952 | 1,214 | 1,493 | 1,639 | |
547 | 481 | 467 | 475 | 534 | 576 | 613 | 768 | 942 | 1,176 | 1,299 | |
Operating Profit | 75 | 53 | 31 | 74 | 100 | 109 | 193 | 184 | 271 | 317 | 340 |
OPM % | 12% | 10% | 6% | 13% | 16% | 16% | 24% | 19% | 22% | 21% | 21% |
5 | 6 | 24 | 22 | 9 | 12 | 50 | 27 | 25 | 27 | 48 | |
Interest | 36 | 23 | 20 | 22 | 25 | 23 | 19 | 17 | 19 | 33 | 27 |
Depreciation | 26 | 30 | 35 | 33 | 38 | 38 | 40 | 39 | 41 | 64 | 101 |
Profit before tax | 18 | 5 | 0 | 40 | 46 | 59 | 184 | 155 | 236 | 247 | 259 |
Tax % | 183% | 292% | 2,400% | 30% | 30% | -11% | 26% | 25% | 22% | 22% | 23% |
-15 | -10 | -2 | 28 | 33 | 66 | 136 | 117 | 184 | 194 | 200 | |
EPS in Rs | -2.48 | -1.74 | -0.41 | 4.88 | 5.66 | 11.37 | 23.68 | 17.63 | 27.73 | 29.14 | 30.08 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 7% | 7% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 19% |
3 Years: | 20% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 32% |
5 Years: | 25% |
3 Years: | 20% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 60% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 19% |
3 Years: | 17% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 58 | 58 | 58 | 58 | 58 | 58 | 58 | 66 | 66 | 67 | 67 |
Reserves | 381 | 360 | 282 | 311 | 335 | 396 | 547 | 670 | 983 | 1,125 | 1,330 |
356 | 320 | 238 | 249 | 252 | 287 | 228 | 245 | 361 | 308 | 330 | |
94 | 106 | 171 | 150 | 141 | 140 | 176 | 189 | 219 | 385 | 369 | |
Total Liabilities | 889 | 843 | 749 | 767 | 785 | 881 | 1,010 | 1,170 | 1,629 | 1,885 | 2,095 |
231 | 234 | 296 | 287 | 284 | 266 | 296 | 298 | 548 | 600 | 625 | |
CWIP | 17 | 8 | 8 | 5 | 4 | 9 | 7 | 10 | 12 | 11 | 46 |
Investments | 83 | 71 | 73 | 60 | 77 | 158 | 201 | 199 | 217 | 279 | 262 |
558 | 530 | 373 | 415 | 420 | 448 | 505 | 663 | 852 | 995 | 1,163 | |
Total Assets | 889 | 843 | 749 | 767 | 785 | 881 | 1,010 | 1,170 | 1,629 | 1,885 | 2,095 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
60 | 44 | 69 | 128 | 170 | 14 | 179 | 252 | 195 | |||
-14 | 8 | -14 | -102 | -80 | -25 | -235 | -96 | -132 | |||
-44 | -22 | -93 | -9 | -79 | 3 | 63 | -115 | -38 | |||
Net Cash Flow | 2 | 30 | -38 | 18 | 11 | -8 | 6 | 41 | 26 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 107 | 127 | 118 | 113 | 116 | 97 | 100 | 106 | 121 | 109 | 112 |
Inventory Days | 175 | 194 | 240 | 190 | 172 | 177 | 179 | 229 | 200 | 209 | 217 |
Days Payable | 104 | 109 | 169 | 122 | 114 | 87 | 111 | 88 | 77 | 104 | 116 |
Cash Conversion Cycle | 178 | 213 | 188 | 181 | 173 | 187 | 168 | 247 | 244 | 215 | 212 |
Working Capital Days | 149 | 156 | 106 | 123 | 126 | 121 | 114 | 153 | 162 | 121 | 194 |
ROCE % | 6% | 3% | 10% | 12% | 12% | 26% | 19% | 21% | 19% | 18% |
Documents
Announcements
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Clarification Sought For Increase In Volume By BSE Vide Letter Dated July 16, 2025
2d - Company clarifies no undisclosed price sensitive info amid volume rise.
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Clarification sought from Tega Industries Ltd
2d - Exchange has sought clarification from Tega Industries Ltd on July 16, 2025, with reference to Movement in Volume.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Jul - Certificate issued under Regulation 74(5) of the SEBI (Depositories and Participants)Regulations, 2018 for the quarter ended on June 30, 2025.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
10 Jul - CRISIL reaffirms and assigns ratings for Rs. 220 Cr bank loans of Tega McNally Minerals Ltd.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
7 Jul - Tega McNally Minerals appoints Sourav Sen as CEO effective July 8, 2025, replacing Syed Yaver Imam.
Annual reports
Concalls
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May 2025Transcript PPT
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Sep 2023TranscriptPPTREC
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Aug 2023TranscriptNotesPPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
Business Segments
1) Consumables (86% in FY24 vs ~97% in FY23): The company manufactures and distributes specialized ‘critical to operate’ and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry.