Tega Industries

NSE: TEGABSE: 543413
Compare with peers
₹ 1,741.70▼ 38.4 (−2.16%)28 Oct, 03:29 pm IST
Market cap
₹ 12,919 Cr.
P/E
85.6x
P/B
3.9x
52-week range
1,473 – 2,198
ROE
6%
ROCE
8%
Dividend yield
0.1%
Debt / equity
0.12
Sector
Industrial Manufacturing
Industry
Industrial Products
Listed on
NSE, BSE

About

Tega Industries Limited is an India-based company, which designs and manufactures consumables for the mining, mineral processing, and material handling industries. The Company operates through two segments: Consumables and Equipments. Consumables is engaged in the manufacturing and distribution of specialized critical to operate and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry. Equipments is engaged in the manufacturing and marketing of crushing, screening, grinding, material handling and mineral processing equipment with integrated customer support and after-sales service. It offers a DynaMax range of mill liners, which includes DynaSteel, DynaPrime, DynaWear, and DynaPulp. Its Ultimo Conveyor Components include Ultimo CenTrax, Ultimo Jumbo, Ultimo Single Wing, and others. It is also a supplier in grinding media for the mining industry. It has manufacturing facilities in India, South Africa, Australia, and Chile.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Industrial Products: 186 companies →

Tega Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)85.6 against a typical 30.9: pricier than most peers (1st = cheapest).159th of 184
  • Sales growth+384% against a typical +20.3% from a year earlier.4th of 147
  • Profit growth−408.6% against a typical +9.4% from a year earlier.121st of 121
  • Share price, 3 months+18.3% against a typical −3.7%.39th of 164
  • Size₹ 12,918.8 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).9th of 176

Latest announcements

Exchange filings and their impact on the company.

  • 16 Oct 2026General UpdatesLow impactPositivePrice −3% on 19 Oct
    Calcutta High Court set aside Rs 13.8 cr tax demand against material subsidiary TMML.

    Tega Industries said its wholly owned material subsidiary Tega McNally Minerals received a favourable order from the Calcutta High Court on October 14, 2026, clarified on October 15, 2026. The court set aside reassessment proceedings for Assessment Year 2017-18 relating to a tax demand including interest of Rs 13.79 crore. This removes the contingent liability for that year and supports the subsidiary's position in similar matters.

    Filing
  • 15 Oct 2026Allotment of SecuritiesLow impactPositivePrice −4.1% that day
    Tega allotted 0.48m shares at Rs 1,994 to raise Rs 95.4 cr, lifting equity by ~2.8% with 0.63% dilution.

    Tega Industries allotted 4,78,435 equity shares at Rs 1,994 per share to AP Jupiter Holdings II Ltd, a non-promoter, raising about Rs 95.4 crore via preferential issue. Paid-up capital rose from 7,51,27,698 to 7,56,06,133 shares, with the new holder owning 0.63%. The cash strengthens the balance sheet with minimal dilution, as the issue price was above the prevailing market price.

    Filing
  • 6 Oct 2026Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvalsLow impactNeutralPrice +1.5% on 7 Oct
    Exchanges cleared a small 4.78 lakh-share preferential issue, paving way for ~0.6% dilution.

    Tega Industries received in-principle approval from NSE and BSE on October 6, 2026 for a preferential issue of 4,78,435 equity shares of Rs 10 each. No issue price, allottees or use of funds were disclosed in this letter. The approval clears a key procedural step before allotment and listing, implying only a small ~0.6% equity dilution.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Look closer

Rated A+ by CRISIL
A+
DefaultRiskyModerateSafeVery safe
  • CRISIL lowered its rating on 14 May 2026.
AgencyCurrent ratingOutlookAs of
CRISILCrisil A+Stable14 May 2026
Credit rating actions
RatingDetails
14 May 2026
▼ Downgrade1 notch
Crisil AA-/Watch Developing → Crisil A+—CRISIL₹ 2,000 Cr.
18 Mar 2026
Reaffirmed
Crisil AA-/Watch Developing—CRISIL₹ 350 Cr.
18 Dec 2025
Reaffirmed
Crisil AA-/Watch Developing—CRISIL₹ 350 Cr.
19 Sep 2025
Rating action
Crisil AA-/Watch Developing—CRISIL₹ 350 Cr.

Fund raises

QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates

Equity fund raises
StageDetails
15 Oct 2026Preferential issueAllotted₹ 95.4 Cr.₹ 1,994−12.65%
6 Oct 2026Preferential issueExchange approval———

Board meetings

Results dates and other board meetings. Full calendar

Details
5 Nov 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
22 Aug 2026Fund RaisingTo consider Fund Raising
13 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
29 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
12 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
13 Nov 2025Financial ResultsTo consider and approve the financial results for the Quarter and half year ended September 30, 2025
18 Sep 2025Fund RaisingTo consider Fund Raising

Share price

1Y change −8.11%
0 of 3 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3773405073403534095363564054045271,723
Expenses2962843682763193183863003363584671,668
Operating Profit82561396434911505669466056
OPM %22%16%27%19%10%22%28%16%17%11%11%3.2%
Other Income47613151271718153718
Interest98777676665117
Depreciation141422232726262323242574
Profit before tax634211548167212443593267−116
Tax %25%15%22%23%54%24%18%18%24%38%37%−7%
Net Profit4736893775410235452043−108
EPS in Rs7.135.3613.455.521.098.1515.325.316.752.625.68−14.41

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
12%
5 Years
16%
3 Years
12%
TTM
85%
Compounded Profit Growth
10 Years
37%
5 Years
0%
3 Years
−8%
TTM
−100%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
22%
TTM
—
Return on Equity
10 Years
13%
5 Years
13%
3 Years
11%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
67.51%
−7.29 pts in a year
FIIs
2.8%
+1.05 pts in a year
DIIs
18.68%
+0.3 pts in a year
Public
11.02%
+5.95 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 85.6xEPS (12 months) ₹ 20.37Median P/E 46.3x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Tega Industries₹ 1,741.70₹ 12,919 Cr.85.6x3.9x6%—
Supreme Industries₹ 3,450.00₹ 43,824 Cr.45.6x7.1x16.1%8.5%
Astral₹ 1,353.00₹ 36,348 Cr.66.9x9.1x14%8.1%
PG Electroplast₹ 472.00₹ 13,535 Cr.90.6x5.8x6.7%3.7%
Garware Hi-Tech Films₹ 7,037.90₹ 16,351 Cr.149.7x6.1x13.5%16%
Finolex Industries₹ 142.00₹ 8,785 Cr.17x1.6x9.7%14.6%

Management

Mehul Mohanka
Group Chief Executive Officer, Managing Director, Executive Director
Sharad Kumar Khaitan
Chief Financial Officer
Manjuree Rai
Compliance Officer, Company Secretary, Global Head - Legal and Compliance

Prices are delayed and for information only. Nothing on this page is investment advice.