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Tega Industries Ltd.

TEGAIndustrials filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

19 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (1 of 19 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202202212021-12-31yes
TRANSCRIPT202206022022-03-31yes
TRANSCRIPT202208132022-06-30yes
TRANSCRIPT202211182022-09-30yes
TRANSCRIPT202302062022-12-31yes
TRANSCRIPT202306032023-03-31yes
TRANSCRIPT202308182023-06-30yes
TRANSCRIPT202311172023-09-30yes
TRANSCRIPT202402152023-12-31yes
TRANSCRIPT202405302024-03-31yes
TRANSCRIPT202408162024-06-30yes
TRANSCRIPT202411212024-09-30yes
TRANSCRIPT202502112024-12-31yes
TRANSCRIPT202505212025-03-31yes
TRANSCRIPT202508082025-06-30yes
TRANSCRIPT202511192025-09-30yes
TRANSCRIPT202602192025-12-31yes
TRANSCRIPT202606082026-03-31yes
TRANSCRIPT202608202026-06-30yes

TEGA

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close2,062.00
52-week range1477.4 – 2129.0
Return 1M23.13%
Return 3M19.18%
Return 1Y7.99%
Return 3Y125.45%
Return 5Ynot reported for this period
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations1,723.00
Other income17.00
Total income1,741.00
Cost of materials consumed849.00
Purchases of stock-in-trade102.00
Changes in inventories41.00
Employee benefit expense176.00
Finance costs117.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.680.00
institutions foreign0.030.01
institutions domestic0.19-0.00
mutual funds0.14-0.01
public0.330.00

Documents on file

ClassMost recentOn file
TRANSCRIPT2026-06-3019

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-06-302022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations244.00276.00297.00396.00268.00377.00340.00507.00340.00353.00409.00356.00405.00404.00527.001,723.00
Other income-3.007.0011.007.008.003.007.004.0012.0013.0011.0016.0016.0014.0037.0017.00
Total income241.00283.00308.00403.00276.00381.00347.00511.00352.00367.00421.00372.00421.00418.00563.001,741.00
Cost of materials consumed107.00126.00129.00168.00134.00166.00169.00226.00152.00211.00184.00139.00154.00202.00221.00849.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00102.00
Changes in inventories-6.00-9.006.008.00-23.00-6.00-23.002.00-14.00-43.00-16.007.0013.00-40.00-12.0041.00
Employee benefit expense39.0042.0040.0042.0049.0056.0058.0057.0057.0062.0066.0063.0070.0075.0071.00176.00
Finance costs5.005.005.003.008.009.008.007.007.007.006.006.006.006.005.00117.00
Depreciation and amortisation9.0010.0010.0012.0014.0014.0014.0022.0023.0027.0026.0023.0023.0024.0025.0074.00
Other expenses59.0063.0056.0075.0069.0079.0080.0083.0081.0089.0084.0092.0099.00120.00185.00499.00
Total expenses212.00237.00245.00309.00250.00319.00306.00398.00305.00352.00350.00330.00365.00387.00497.001,858.00
Profit before exceptional items and tax29.0046.0062.0094.0026.0062.0041.00113.0046.0014.0070.0042.0056.0031.0066.00-117.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax29.0046.0062.0094.0026.0062.0041.00113.0046.0014.0070.0042.0056.0031.0066.00-117.00
Current tax10.0011.0016.0012.009.0015.007.0026.0021.009.0019.0013.0027.0010.0041.0010.00
Deferred tax-3.001.00-1.006.00-4.001.00-1.00-0.00-10.00-0.00-1.00-5.00-13.002.00-16.00-18.00
Tax expense7.0012.0015.0018.005.0016.006.0025.0011.009.0017.008.0014.0012.0025.00-8.00
Profit for the period23.0035.0048.0077.0021.0047.0036.0089.0037.007.0054.0035.0045.0020.0043.00-108.00
Profit attributable to owners23.0035.0048.0077.0021.0047.0036.0089.0037.007.0054.0035.0045.0020.0043.00-86.00
Profit attributable to non-controlling interests0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-22.00
Other comprehensive income-14.00-11.0024.003.00-11.00-11.005.00-22.0010.0019.00-24.00-1.0012.0020.00147.0021.00
Total comprehensive income9.0024.0073.0080.0011.0037.0041.0068.0047.0026.0031.0034.0057.0040.00190.00-87.00
Earnings per share, basic3.485.337.3011.653.227.135.3613.485.521.088.155.316.752.835.68-11.47
Earnings per share, diluted3.465.317.2611.623.217.115.3413.435.521.088.155.316.752.835.68-11.47

Annual results, as filed

Line2022-03-312023-03-312024-03-312026-03-31
Revenue from operations952.001,214.001,493.001,692.00
Other income24.0021.0022.0082.00
Total income976.001,235.001,515.001,774.00
Cost of materials consumed404.00529.00696.00717.00
Purchases of stock-in-trade0.000.000.000.00
Changes in inventories-1.00-1.00-50.00-32.00
Employee benefit expense143.00163.00220.00280.00
Finance costs16.0018.0032.0023.00
Depreciation and amortisation39.0041.0064.0095.00
Other expenses223.00253.00311.00496.00
Total expenses824.001,003.001,272.001,579.00
Profit before exceptional items and tax152.00232.00243.00195.00
Exceptional items0.000.000.000.00
Profit before tax152.00232.00243.00195.00
Current tax36.0049.0056.0092.00
Deferred tax2.003.00-3.00-33.00
Tax expense38.0052.0053.0058.00
Profit for the period117.00184.00194.00143.00
Profit attributable to owners117.00184.00194.00143.00
Profit attributable to non-controlling interests0.000.000.000.00
Other comprehensive income5.002.00-38.00178.00
Total comprehensive income122.00186.00156.00321.00
Earnings per share, basic19.6527.7629.1720.54
Earnings per share, diluted17.5527.6229.0920.54

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-09-302026-03-31
Total assets1,172.001,634.001,728.001,890.001,936.002,150.004,314.00
Non-current assets414.00630.00642.00669.00737.00803.00907.00
Current assets758.001,004.001,086.001,221.001,200.001,347.003,407.00
Property, plant and equipment257.00478.00494.00528.00563.00554.00578.00
Capital work-in-progress19.0012.0017.0011.0027.0055.00107.00
Goodwill60.0062.0061.0061.0066.0067.0074.00
Other intangible assets1.004.006.008.006.007.005.00
Inventories272.00290.00351.00370.00401.00396.00437.00
Trade receivables219.00403.00338.00448.00378.00448.00452.00
Cash and cash equivalents39.0046.0059.0086.0096.00114.001,164.00
Total equity and liabilities1,172.001,634.001,728.001,890.001,936.002,150.004,314.00
Equity769.001,049.001,083.001,192.001,252.001,476.003,407.00
Equity share capital66.0066.0066.0067.0067.0067.0075.00
Other equity703.00983.001,017.001,125.001,185.001,409.003,332.00
Total liabilities403.00585.00645.00698.00685.00674.00907.00
Non-current liabilities90.00193.00191.00172.00165.00143.00186.00
Current liabilities314.00392.00453.00526.00520.00531.00721.00
Borrowings, non-current52.00142.00127.00116.00107.0084.00128.00
Borrowings, current141.00168.00144.00127.00113.00145.00190.00
Trade payables81.00112.00149.00183.00197.00191.00334.00

Cash flow, as filed

Line2022-03-312022-09-302023-03-312023-09-302024-03-312024-09-302025-09-302026-03-31
Net cash from operating activities14.0097.00179.00165.00252.00114.00154.00350.00
Net cash from investing activities-26.00-58.00-234.00-89.00-91.00-46.00-89.00-1,004.00
Net cash from financing activities3.00-37.0063.00-61.00-115.00-65.00-72.001,690.00
Purchase of property, plant and equipment41.0057.0092.0027.0055.0078.0049.00136.00
Net increase in cash-8.00-0.006.0013.0041.0010.00-0.001,050.00
con:CFO.BEFORE_TAX57.00114.00224.00193.00294.00145.00208.00453.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.001.000.000.000.000.00
con:TAX_PAID.OPERATING43.0016.0046.0025.0042.0027.0054.00103.00
con:CF_OTHER.OPERATING0.000.000.00-4.000.00-5.000.000.00
con:INVESTMENTS_PURCHASED0.000.000.000.000.000.000.000.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.000.000.00
con:PPE_DISPOSALS1.001.001.000.001.000.000.001.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-11-282025-12-312026-03-312026-06-30
Promoter and promoter group74.9974.8874.8874.7974.7974.7974.8074.8074.800.750.670.670.680.68
Domestic institutions16.6417.5318.3319.1018.9519.1219.0218.7718.380.110.180.190.190.19
Mutual funds————————15.300.090.140.150.150.14
Insurance companies2.182.572.992.992.893.103.013.033.020.020.030.030.030.04
Foreign institutions2.501.831.481.471.701.761.681.731.750.020.010.010.020.03
Government—————————————0.00
Public25.0125.1225.1225.2125.2125.2125.2025.2025.200.250.330.330.330.33
Non-institutional5.875.765.314.644.574.334.504.705.070.130.130.130.110.11
Shares outstanding6635411266452227664522276653549266535492665354926653549266535492665354926653549275127698751276987512769875127698

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Tega Holdings Pte LimitedSubsidiariesAny other transaction, Interest received, Loan, Purc903,080,000.005
Tega Industries Canada Inc.SubsidiariesAny other transaction, Sale of goods or services343,060,000.002
Tega Industries Inc.SubsidiariesAny other transaction, Sale of goods or services335,300,000.004
Losugen Pty LtdSubsidiariesLoan, Purchase of goods or services, Sale of goods o154,580,000.004
Tega Industries Chile SpASubsidiariesAny other transaction, Interest received, Loan, Sale152,080,000.005
Tega Industries Africa Proprietary LimitedSubsidiariesPurchase of goods or services, Sale of goods or serv131,100,000.003
Tega Industries Australia Pty. Ltd.SubsidiariesSale of goods or services112,050,000.001
Hosch Equipment (India) LimitedJoint VentureDividend received, Purchase of goods or services, Sa73,120,000.003
Tega Do Brasil Servicos Technicos LtdaSubsidiariesAny other transaction, Purchase of goods or services30,150,000.002
Mr. Mehul MohankaKey Management Personnel (KMP)Any other transaction28,210,000.001
Mr. Madan Mohan MohankaKey Management Personnel (KMP)Any other transaction27,930,000.001
Tega McNally Minerals LimitedSubsidiariesAny other transaction, Purchase of goods or services24,770,000.003
Tega Holdings Pty Ltd.SubsidiariesInterest received15,840,000.001
Sharad Kumar KhaitanKey Management Personnel (KMP)Any other transaction7,630,000.001
Tega India Ltd & Associated Companies Superannuation FunPost Employment Benefit PlanAny other transaction7,040,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-08-20Q1FY27MOLYCOP, TEGA INDUSTRIES LIMITEDRead the call
2026-06-08Q4FY26MOLYCOP, TEGA INDUSTRIES LIMITED, TEGA MCNALLY MINERALS LIMITEDRead the call
2026-02-19Q3FY26INDUSTRIES LIMITEDRead the call
2025-11-19Q2FY26TEGA INDUSTRIES LIMITEDRead the call
2025-08-08Q1FY26TEGA INDUSTRIES LIMITEDRead the call
2025-05-21Q4FY25TEGA INDUSTRIES LIMITEDRead the call
2025-02-11Q3FY25TEGA INDUSTRIES LIMITEDRead the call
2024-11-21Q2FY25DIRECTOR,, INDUSTRIES, TEGA INDUSTRIES LIMITEDRead the call
2024-08-16Q1FY25TEGA INDUSTRIES LIMITEDRead the call
2024-05-30Q4FY24INDUSTRIES LIMITEDRead the call
2024-02-15Q3FY24Read the call
2023-11-17Q2FY24EXECUTIVE, GROUP, INDUSTRIES LIMITEDRead the call
2023-08-18Q1FY24INDUSTRIES LIMITEDRead the call
2023-06-03Q4FY23INDUSTRIES LIMITEDRead the call
2023-02-06Q3FY23PRIVATE LIMITEDRead the call
2022-11-18Q2FY23INDUSTRIES LIMITEDRead the call
2022-08-13Q1FY23Read the call
2022-06-02Q4FY22COMPLIANCE, OFFICER,Read the call
2022-02-21Q3FY22MR. MEHUL MOHANKA –, MR. NACHIKET KALE –Read the call

What they said about it, quarter by quarter

TopicQ3FY24Q3FY25Q3FY26Q4FY22Q4FY23Q4FY24Q4FY25Q4FY26
CapexBut I tell you, I mean, if you're looking at Metso and FLSmidth, etc., the problem is that they have a whole range of CAPEX equipment.Sir, my first question is on -- as you highlighted that Chile capex is bit postponed.—Sir because we have just started looking the company if you can throw some light on what kind of in terms of our product portfolio which are the produ…And also from a capital allocation perspective, just want to understand what is the kind of capex we have planned in this entity?The revenue potential we see from the project will be about USD 100 million after this capex.So could you just break up where have we spent this Rs.170 crore in FY’25 and what is our CAPEX for let's say FY’26 and 27?So FY '27, what will be the total capex?
Capital allocationNow I have a question whether this Tega Industries Limited February 09, 2024 is consumable, F23 Consumable business, the organic 15% growth or you are…—The margins were marginally lower due to a one-time acquisition-related expense and charges arising from the implementation of the new labor code regu…What is going to happen is that we are in the acquisition stage as far as DynaPrime sites are now so our consultation is there to get into the major m…My last question is, sir, what kind of synergy is expected from the acquisition of the McNally Sayaji Engineering and what are your plans to scale up …So, as it is for every new acquisition, there are challenges.—As on 1st June 2026, we have successfully completed the acquisition of Molycop in partnership with Apollo Funds, a significant minority shareholder, m…
CostsThe next question is like there is a cost plus formula that passes the inflation to our customers with a reasonable lag.—We have maintained healthy gross margins of 60% at the group level, vis-à-vis 59% same period last year, in spite of raw material volatility, global u…On the commodity prices yes we are seeing some volatility in terms of price movements on our input costs but as we had mentioned earlier we have alway…—Sir, I wanted to ask on what is the raw material strategy on rubber side and how do we -- I mean, how is the sort of mix between spot and sort of the …We have been able to maintain healthy blended gross margins of approximately 57% in-line with last year, in spite of raw material volatility and globa…Actually, raw material inventory has come down.
Debt and cash—So when there is such delay in lifting of material or any approval, what protection does Tega has in terms of, let's say, profitability and cash flow?—Now if you see here that the inventory is mainly the reason for the working capital cycle goes up.So, our present debt-equity ratio is in 0.3 and our net debt positions after this acquisition remains at INR70 crores.The revenue contract is spread over a period of five plus one six years and the cash flows account for us over the period on a regular basis.And second on your cash flow statement, so I observed that this year we have spent around Rs.170 crore in a fixed asset.Historically, we have been pretty consistent in terms of our net working capital.
DemandSo, that will also be increased in production as well as our demand for our goods.February 06, 2025 The global mine demand of gold appears to be robust and coupled with declining grades would lead to increased consumption of Tega's …Tega Industries Limited February 12, 2026 We continue to make focused efforts to accelerate our growth trajectory in Q4 and Q1 FY'27, supported by a h…Sir in the larger plant in Chile additional larger plant in Chile what kind of gross estimations and what kind of timelines you have and what kind of …And from the demand perspective, like how do you see the other business growing as in the Tega business growing for the next two, three years?—The demand for gold appears to be robust with an upward price trend as geopolitical tensions continue, there is strong central bank purchases that off…June 02, 2026 As per ICSG data, global copper demand is growing at 3% annually, while supply growth remains relatively constrained at 2%, reflecting l…
GuidanceMy second question was on the sales guidance because if I heard you right, you said you are on track to meet a 15% sales target but I thought that was…And how your capex -- how will you guide for the capex for next 2 years?And sir, what would be your guidance for FY27 for both the segments in terms of revenue?Sure and we expect this to continue to grow at 25% to 30%?A bit too early to answer this question, Dhiral, because it’s just been two or three months we are into this company, and it will take some time for u…Yes, the Chile project as informed you we are starting the construction very soon and we expect the construction to be complete by June 25.Sir my first question is regarding, what is the demand outlook for consumable in FY’26, are we seeing any kind of demand headwinds because if you look…Sir, firstly, on Molycop, if you can provide a medium-term outlook for the days ahead.
Margin334 crores -335 crores resulting in an EBITDA of 22%.The total group revenues for the 9 months ended December '24 stood at INR1,139 crores with an EBITDA of INR230 crores, that is an EBITDA margin of 20%…We delivered an EBITDA of Rs.216.1 crores for the nine-month period, with EBITDA margins of 18%.Operating EBITDA stood at Rs.69 Crores which is a jump of 25.2% against Q4 FY2022 same period.So, you are right that it is showing a dip in terms of the overall margin, but if you see on a quarter-on-quarter basis, we are improving and that is …I just wanted to understand are there any one-offs in that and what is the sustainable margin for consumables business going forward?As mentioned earlier, we have achieved steady EBITDA margins of 23% for the year at the group level.Our adjusted EBITDA for FY '26 is INR3,967 million, excluding onetime exceptional items towards Molycop acquisition and Labour Code.
PeopleOkay, so what is our current capacity utilization?——How do you see the growth going forward and what is the current capacity utilization?Could you help us with utilization levels at each plant for FY’22 as well as FY’23?And secondly capacity utilization for the quarter and for the full year as well?See Chirag, the average capacity utilization which we have is about 60% - 65% and we plan for our capacities well ahead in advance.—
PricingSo, with a lag of one or two quarter depending upon the contract level, we are able to pass on our price increases.And how does its pricing compare with steel liners in terms of customer acceptance?——And the price increase is in the range of 5% to 6%.——So is this a function of volume changing or we are changing our assumptions for the steel pricing because it's a function of that?
Revenue growthAnd we are on track and the percentage increase this year, as well as the full impact of the increase in the European mines that will come into play n…February 06, 2025 And as I informed you earlier that this delay will not impact my revenue growth because we have put up alternate plant.The Chile CAPEX project is on track with the project in full action and we are trying to have the same ready for commercial production in Q2 of FY27. …For the Q4 performance on a consolidated basis the company’s operating net revenue has gone up to Rs.290 Crores in Q4 FY2022 as against Rs.250 Crores …And sir, can you just quantify what was the overall growth of DynaPrime that we have seen in FY’23 as a whole or maybe the overall mill liner growth a…And in that context, also, why is the growth of the IRM between McNally and the small...We have achieved a double digit revenue growth of approximately 11% during FY’25 over FY’24 in spite of the heightened uncertainty driven by geopoliti…Equipment business has shown a robust growth of 25% at revenue from operation level.

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2026-08-20Q1FY27TEGA INDUSTRIES LIMITEDWe expect to realize approximately USD20 million of synergies in the next two to two and a half years.