Tega Industries
- 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.
- 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.
- 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.
- 6 Oct 2026Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvalsLow impactNeutralPrice +1.5% on 7 OctExchanges 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.
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- CRISIL lowered its rating on 14 May 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+ | Stable | 14 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 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
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 15 Oct 2026 | Preferential issue | Allotted | ₹ 95.4 Cr. | ₹ 1,994 | −12.65% | |
| 6 Oct 2026 | Preferential issue | Exchange approval | — | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 22 Aug 2026 | Fund Raising | To consider Fund Raising |
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 29 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the Quarter and half year ended September 30, 2025 |
| 18 Sep 2025 | Fund Raising | To consider Fund Raising |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 377 | 340 | 507 | 340 | 353 | 409 | 536 | 356 | 405 | 404 | 527 | 1,723 |
| Expenses | 296 | 284 | 368 | 276 | 319 | 318 | 386 | 300 | 336 | 358 | 467 | 1,668 |
| Operating Profit | 82 | 56 | 139 | 64 | 34 | 91 | 150 | 56 | 69 | 46 | 60 | 56 |
| OPM % | 22% | 16% | 27% | 19% | 10% | 22% | 28% | 16% | 17% | 11% | 11% | 3.2% |
| Other Income | 4 | 7 | 6 | 13 | 15 | 12 | 7 | 17 | 18 | 15 | 37 | 18 |
| Interest | 9 | 8 | 7 | 7 | 7 | 6 | 7 | 6 | 6 | 6 | 5 | 117 |
| Depreciation | 14 | 14 | 22 | 23 | 27 | 26 | 26 | 23 | 23 | 24 | 25 | 74 |
| Profit before tax | 63 | 42 | 115 | 48 | 16 | 72 | 124 | 43 | 59 | 32 | 67 | −116 |
| Tax % | 25% | 15% | 22% | 23% | 54% | 24% | 18% | 18% | 24% | 38% | 37% | −7% |
| Net Profit | 47 | 36 | 89 | 37 | 7 | 54 | 102 | 35 | 45 | 20 | 43 | −108 |
| EPS in Rs | 7.13 | 5.36 | 13.45 | 5.52 | 1.09 | 8.15 | 15.32 | 5.31 | 6.75 | 2.62 | 5.68 | −14.41 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 12%
- 5 Years
- 16%
- 3 Years
- 12%
- TTM
- 85%
- 10 Years
- 37%
- 5 Years
- 0%
- 3 Years
- −8%
- TTM
- −100%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 22%
- TTM
- —
- 10 Years
- 13%
- 5 Years
- 13%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Tega Industries | ₹ 1,741.70 | ₹ 12,919 Cr. | 85.6x | 3.9x | 6% | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 45.6x | 7.1x | 16.1% | 8.5% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 66.9x | 9.1x | 14% | 8.1% |
| PG Electroplast | ₹ 472.00 | ₹ 13,535 Cr. | 90.6x | 5.8x | 6.7% | 3.7% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 149.7x | 6.1x | 13.5% | 16% |
| Finolex Industries | ₹ 142.00 | ₹ 8,785 Cr. | 17x | 1.6x | 9.7% | 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.