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 ₹ 8,258 Cr.
- Current Price ₹ 1,241
- High / Low ₹ 1,380 / 644
- Stock P/E 45.5
- Book Value ₹ 163
- Dividend Yield 0.16 %
- ROCE 21.4 %
- ROE 20.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 46.8% CAGR over last 5 years
Cons
- Stock is trading at 7.62 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
622 | 534 | 497 | 549 | 634 | 685 | 806 | 952 | 1,214 | 1,382 | |
547 | 481 | 467 | 475 | 534 | 576 | 613 | 768 | 942 | 1,102 | |
Operating Profit | 75 | 53 | 31 | 74 | 100 | 109 | 193 | 184 | 272 | 280 |
OPM % | 12% | 10% | 6% | 13% | 16% | 16% | 24% | 19% | 22% | 20% |
5 | 6 | 24 | 22 | 9 | 12 | 50 | 27 | 25 | 29 | |
Interest | 36 | 23 | 20 | 22 | 25 | 23 | 19 | 17 | 19 | 28 |
Depreciation | 26 | 30 | 35 | 33 | 38 | 38 | 40 | 39 | 41 | 53 |
Profit before tax | 18 | 5 | 0 | 40 | 46 | 59 | 184 | 155 | 236 | 228 |
Tax % | 183% | 292% | 2,400% | 30% | 30% | -11% | 26% | 25% | 22% | |
-15 | -10 | -2 | 28 | 33 | 66 | 136 | 117 | 184 | 182 | |
EPS in Rs | -2.48 | -1.74 | -0.41 | 4.88 | 5.66 | 11.37 | 23.68 | 17.63 | 27.73 | 27.35 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 21% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 41% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 78% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 21% |
Last Year: | 21% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 58 | 58 | 58 | 58 | 58 | 58 | 58 | 66 | 66 | 66 |
Reserves | 381 | 360 | 282 | 311 | 335 | 396 | 547 | 670 | 983 | 1,017 |
Preference Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 0 | 0 | |
347 | 311 | 230 | 240 | 244 | 278 | 220 | 245 | 361 | 344 | |
103 | 114 | 180 | 159 | 149 | 149 | 185 | 189 | 219 | 300 | |
Total Liabilities | 889 | 843 | 749 | 767 | 785 | 881 | 1,010 | 1,170 | 1,629 | 1,728 |
231 | 234 | 296 | 287 | 284 | 266 | 296 | 298 | 548 | 567 | |
CWIP | 17 | 8 | 8 | 5 | 4 | 9 | 7 | 10 | 12 | 17 |
Investments | 83 | 71 | 73 | 60 | 77 | 158 | 201 | 199 | 217 | 286 |
558 | 530 | 373 | 415 | 420 | 448 | 505 | 663 | 852 | 858 | |
Total Assets | 889 | 843 | 749 | 767 | 785 | 881 | 1,010 | 1,170 | 1,629 | 1,728 |
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 | |
---|---|---|---|---|---|---|---|---|---|
60 | 44 | 69 | 128 | 170 | 14 | 179 | |||
-14 | 8 | -14 | -102 | -80 | -25 | -235 | |||
-44 | -22 | -93 | -9 | -79 | 3 | 63 | |||
Net Cash Flow | 2 | 30 | -38 | 18 | 11 | -8 | 6 |
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 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 107 | 127 | 118 | 113 | 116 | 97 | 100 | 106 | 121 |
Inventory Days | 175 | 194 | 240 | 190 | 172 | 177 | 179 | 229 | 200 |
Days Payable | 104 | 109 | 169 | 122 | 114 | 87 | 111 | 88 | 77 |
Cash Conversion Cycle | 178 | 213 | 188 | 181 | 173 | 187 | 168 | 247 | 244 |
Working Capital Days | 149 | 156 | 106 | 123 | 126 | 121 | 114 | 153 | 162 |
ROCE % | 6% | 3% | 10% | 12% | 12% | 26% | 19% | 21% |
Documents
Announcements
- Closure of Trading Window 2d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Mar - Of schedule of Analysts/Institutional Investors' meet under Regulation 30 of the SEBI (LODR) Regulations, 2015
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Mar
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
13 Mar - Tega Industries Chile SpA, a step down subsidiary of the Company, has informed the Company vide a email dated March 13, 2024, that a fine …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Mar - Of schedule of Analysts/Institutional Investors' meet under Regulation 30 of the SEBI (LODR) Regulations, 2015
Concalls
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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
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]