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- TEGA
TEGA
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- 6M
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Summary
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Recent events
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News
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Corporate Actions
India's Tega Industries surges on higher Q3 profit, revenue
** Shares of India's Tega Industries TEGA.NS surge nearly 14% to two-month high of 1,736.5 rupees
** Co, which makes consumable products for mining sector, posts 52% y/y rise in Q3 consolidated profit; revenue up 20%
** Its Q3 total expenses gain 14.6%, slower than revenue growth of 20%, aiding profit rise
** Stock up 10.9% so far in 2025; rose 36% last year
** Analysts' average rating on stock is "buy"; median PT 1,980.50 rupees - data compiled by LSEG
(Reporting by Vivek Kumar M)
** Shares of India's Tega Industries TEGA.NS surge nearly 14% to two-month high of 1,736.5 rupees
** Co, which makes consumable products for mining sector, posts 52% y/y rise in Q3 consolidated profit; revenue up 20%
** Its Q3 total expenses gain 14.6%, slower than revenue growth of 20%, aiding profit rise
** Stock up 10.9% so far in 2025; rose 36% last year
** Analysts' average rating on stock is "buy"; median PT 1,980.50 rupees - data compiled by LSEG
(Reporting by Vivek Kumar M)
Tega Industries Says Sept-Quarter Consol Net Profit At 72.2 Million Rupees
Nov 14 (Reuters) - Tega Industries Ltd TEGA.NS:
TEGA INDUSTRIES LTD SEPT-QUARTER CONSOL NET PROFIT 72.2 MILLION RUPEES
TEGA INDUSTRIES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.53 BILLION RUPEES
Source text: ID:nNSE8rMPF5
Further company coverage: TEGA.NS
(([email protected];))
Nov 14 (Reuters) - Tega Industries Ltd TEGA.NS:
TEGA INDUSTRIES LTD SEPT-QUARTER CONSOL NET PROFIT 72.2 MILLION RUPEES
TEGA INDUSTRIES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.53 BILLION RUPEES
Source text: ID:nNSE8rMPF5
Further company coverage: TEGA.NS
(([email protected];))
Tega Industries Says Unit Gets Tax Demand Order For 8 Mln Rupees, Interest 7.3 Mln Rupees
Sept 19 (Reuters) - Tega Industries Ltd TEGA.NS:
UNIT GETS TAX DEMAND ORDER FOR 8 MILLION RUPEES, INTEREST 7.3 MILLION RUPEES
Source text for Eikon: ID:nBSE9Pz7s4
Further company coverage: TEGA.NS
(([email protected];;))
Sept 19 (Reuters) - Tega Industries Ltd TEGA.NS:
UNIT GETS TAX DEMAND ORDER FOR 8 MILLION RUPEES, INTEREST 7.3 MILLION RUPEES
Source text for Eikon: ID:nBSE9Pz7s4
Further company coverage: TEGA.NS
(([email protected];;))
Tega Industries June-Quarter Consol Net Profit At 367.4 Million Rupees
Aug 8 (Reuters) - Tega Industries Ltd TEGA.NS:
JUNE-QUARTER CONSOL NET PROFIT 367.4 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.4 BILLION RUPEES
Further company coverage: TEGA.NS
(([email protected];))
Aug 8 (Reuters) - Tega Industries Ltd TEGA.NS:
JUNE-QUARTER CONSOL NET PROFIT 367.4 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.4 BILLION RUPEES
Further company coverage: TEGA.NS
(([email protected];))
Tega Industries Says Unit Procured Land In Chile
July 11 (Reuters) - Tega Industries Ltd TEGA.NS:
UNIT PROCURED LAND IN CHILE
UNIT PROCURED LAND IN CHILE FOR 214.2 MILLION RUPEES
Source text for Eikon: ID:nBSEpvw3D
Further company coverage: TEGA.NS
(([email protected];))
July 11 (Reuters) - Tega Industries Ltd TEGA.NS:
UNIT PROCURED LAND IN CHILE
UNIT PROCURED LAND IN CHILE FOR 214.2 MILLION RUPEES
Source text for Eikon: ID:nBSEpvw3D
Further company coverage: TEGA.NS
(([email protected];))
India's Tega Industries rises on unit getting contract in consortium with NMDC
** Shares of consumable products maker for mining Tega Industries TEGA.NS rise as much as 5.4% to 1684 rupees, last up 2.1%
** Unit Tega McNally Minerals (TMML) enters into a contract as a consortium member with NMDC NMDC.NS for supply and commissioning of new 7 MTPA iron ore screening & beneficiation Plant in Karnataka
** Contract worth 8.72 billion rupees ($104.6 million) with TMML's share at 1.20 billion rupees
** TEGA up ~32% in June-quarter so far, on track for third straight quarter of gains
** Stock up ~42% YTD, had gained ~99% in 2023 for best ever yearly gains since listing in 2021
($1 = 83.3970 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of consumable products maker for mining Tega Industries TEGA.NS rise as much as 5.4% to 1684 rupees, last up 2.1%
** Unit Tega McNally Minerals (TMML) enters into a contract as a consortium member with NMDC NMDC.NS for supply and commissioning of new 7 MTPA iron ore screening & beneficiation Plant in Karnataka
** Contract worth 8.72 billion rupees ($104.6 million) with TMML's share at 1.20 billion rupees
** TEGA up ~32% in June-quarter so far, on track for third straight quarter of gains
** Stock up ~42% YTD, had gained ~99% in 2023 for best ever yearly gains since listing in 2021
($1 = 83.3970 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
Tega Industries Says Unit Entered Into Contract As Consortium Member With Nmdc Limited
June 27 (Reuters) - Tega Industries Ltd TEGA.NS:
TEGA INDUSTRIES LTD - UNIT ENTERED INTO CONTRACT AS CONSORTIUM MEMBER WITH NMDC LIMITED
TEGA INDUSTRIES LTD - CONTRACT FOR DESIGN, ENGINEERING OF NEW 7 MTPA IRON ORE SCREENING & BENEFICIATION PLANT
TEGA INDUSTRIES LTD - TOTAL VALUE OF CONTRACT AWARDED TO CONSORTIUM IS APPROXIMATELY 8.72 BILLION RUPEES
TEGA INDUSTRIES LTD - TMML'S SHARE OF BUSINESS IN CONTRACT IS 1.20 BILLION RUPEES
TEGA INDUSTRIES LTD - CONTRACT IS REQUIRED TO BE EXECUTED OVER A PERIOD OF 26 MONTHS
Source text for Eikon: ID:nNSE39BsKx
Further company coverage: TEGA.NS
(([email protected];))
June 27 (Reuters) - Tega Industries Ltd TEGA.NS:
TEGA INDUSTRIES LTD - UNIT ENTERED INTO CONTRACT AS CONSORTIUM MEMBER WITH NMDC LIMITED
TEGA INDUSTRIES LTD - CONTRACT FOR DESIGN, ENGINEERING OF NEW 7 MTPA IRON ORE SCREENING & BENEFICIATION PLANT
TEGA INDUSTRIES LTD - TOTAL VALUE OF CONTRACT AWARDED TO CONSORTIUM IS APPROXIMATELY 8.72 BILLION RUPEES
TEGA INDUSTRIES LTD - TMML'S SHARE OF BUSINESS IN CONTRACT IS 1.20 BILLION RUPEES
TEGA INDUSTRIES LTD - CONTRACT IS REQUIRED TO BE EXECUTED OVER A PERIOD OF 26 MONTHS
Source text for Eikon: ID:nNSE39BsKx
Further company coverage: TEGA.NS
(([email protected];))
Tega Industries March-Quarter Consol Net Profit 894.9 Million Rupees
May 23 (Reuters) - Tega Industries Ltd TEGA.NS:
TEGA INDUSTRIES MARCH-QUARTER CONSOL NET PROFIT 894.9 MILLION RUPEES VERSUS PROFIT 772.6 MILLION RUPEES
TEGA INDUSTRIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.07 BILLION RUPEES VERSUS 3.96 BILLION RUPEES
DIVIDEND 2 RUPEES PER SHARE
Source text for Eikon: ID:nNSErpC56
Further company coverage: TEGA.NS
(([email protected];))
May 23 (Reuters) - Tega Industries Ltd TEGA.NS:
TEGA INDUSTRIES MARCH-QUARTER CONSOL NET PROFIT 894.9 MILLION RUPEES VERSUS PROFIT 772.6 MILLION RUPEES
TEGA INDUSTRIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.07 BILLION RUPEES VERSUS 3.96 BILLION RUPEES
DIVIDEND 2 RUPEES PER SHARE
Source text for Eikon: ID:nNSErpC56
Further company coverage: TEGA.NS
(([email protected];))
Tega Industries Says Unit Informed Step-Down Unit, Edoctum Peru S.A.C., Has Been Dissolved
Jan 23 (Reuters) - Tega Industries Ltd TEGA.NS:
UNIT INFORMED STEP-DOWN UNIT, EDOCTUM PERU S.A.C., HAS BEEN DISSOLVED
Source text for Eikon: ID:nBSEQnS79
Further company coverage: TEGA.NS
(([email protected];))
Jan 23 (Reuters) - Tega Industries Ltd TEGA.NS:
UNIT INFORMED STEP-DOWN UNIT, EDOCTUM PERU S.A.C., HAS BEEN DISSOLVED
Source text for Eikon: ID:nBSEQnS79
Further company coverage: TEGA.NS
(([email protected];))
Tega Industries Says Unit Entered Into Agreement With A Copper Mine In Europe To Supply Co's Mill And Non-Mill Products For Mineral Processing Plant
Aug 11 (Reuters) - Tega Industries Ltd TEGA.NS:
UNIT ENTERED INTO AGREEMENT WITH A COPPER MINE IN EUROPE TO SUPPLY CO'S MILL AND NON-MILL PRODUCTS FOR MINERAL PROCESSING PLANT
AGREEMENT COVERS SUPPLY, MAINTENANCE, AND OTHER SERVICES FOR FIVE + ONE YEARS EFFECTIVE JAN 1, 2024
MINIMUM AMOUNT CUSTOMER IS EXPECTED TO SPEND DURING SIX YEAR TERM ESTIMATED TO BE 6.85 BILLION RUPEES
Source text for Eikon: ID:nNSENq27b
Further company coverage: TEGA.NS
(([email protected];))
Aug 11 (Reuters) - Tega Industries Ltd TEGA.NS:
UNIT ENTERED INTO AGREEMENT WITH A COPPER MINE IN EUROPE TO SUPPLY CO'S MILL AND NON-MILL PRODUCTS FOR MINERAL PROCESSING PLANT
AGREEMENT COVERS SUPPLY, MAINTENANCE, AND OTHER SERVICES FOR FIVE + ONE YEARS EFFECTIVE JAN 1, 2024
MINIMUM AMOUNT CUSTOMER IS EXPECTED TO SPEND DURING SIX YEAR TERM ESTIMATED TO BE 6.85 BILLION RUPEES
Source text for Eikon: ID:nNSENq27b
Further company coverage: TEGA.NS
(([email protected];))
Tega Industries Names Sharad Kumar Khaitan As CFO
July 10 (Reuters) - Tega Industries Ltd TEGA.NS:
NAMES SHARAD KUMAR KHAITAN AS THE CHIEF FINANCIAL OFFICER
Further company coverage: TEGA.NS
(([email protected];))
July 10 (Reuters) - Tega Industries Ltd TEGA.NS:
NAMES SHARAD KUMAR KHAITAN AS THE CHIEF FINANCIAL OFFICER
Further company coverage: TEGA.NS
(([email protected];))
Tega Industries Promoters Mehul Mohanka, Nihal Fiscal Services Propose To Sell Up To 4.11% Stake In Co
June 16 (Reuters) - Tega Industries Ltd TEGA.NS:
PROMOTERS MEHUL MOHANKA, NIHAL FISCAL SERVICES TO SELL UP TO 4.11% STAKE IN CO
PROMOTERS PROPOSE STAKE SALE FOR ACHIEVING MINIMUM PUBLIC SHAREHOLDING
Source text for Eikon: ID:nNSE7VF3HD
Further company coverage: TEGA.NS
(([email protected];))
June 16 (Reuters) - Tega Industries Ltd TEGA.NS:
PROMOTERS MEHUL MOHANKA, NIHAL FISCAL SERVICES TO SELL UP TO 4.11% STAKE IN CO
PROMOTERS PROPOSE STAKE SALE FOR ACHIEVING MINIMUM PUBLIC SHAREHOLDING
Source text for Eikon: ID:nNSE7VF3HD
Further company coverage: TEGA.NS
(([email protected];))
India's Tega Industries hits record high after Q4 profit climb
** Shares of Tega Industries Ltd TEGA.NS up as much as 10% at a record high of 899.45 rupees
** Stock posted biggest intra day pct jump since Dec. 5
** The maker of consumable products for mining reported an ~58% YoY jump in March qtr profit while revenue from ops rose ~37%
** TEGA on track to rise for third straight session, if gains hold
** Over 190,000 shares change hands by 09:30 a.m. IST, 2.0x the 30-day moving avg
** As of last close, stock up ~41%, YTD
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Tega Industries Ltd TEGA.NS up as much as 10% at a record high of 899.45 rupees
** Stock posted biggest intra day pct jump since Dec. 5
** The maker of consumable products for mining reported an ~58% YoY jump in March qtr profit while revenue from ops rose ~37%
** TEGA on track to rise for third straight session, if gains hold
** Over 190,000 shares change hands by 09:30 a.m. IST, 2.0x the 30-day moving avg
** As of last close, stock up ~41%, YTD
(Reporting by Kashish Tandon in Bengaluru)
India's Tega Industries March-Quarter Consol Net Profit Rises
May 30 (Reuters) - Tega Industries Ltd TEGA.NS:
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.96 BILLION RUPEES VERSUS 2.9 BILLION RUPEES
MARCH-QUARTER CONSOL NET PROFIT 772.6 MILLION RUPEES VERSUS 488.8 MILLION RUPEES
FINAL DIVIDEND 2 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: TEGA.NS
(([email protected];))
May 30 (Reuters) - Tega Industries Ltd TEGA.NS:
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.96 BILLION RUPEES VERSUS 2.9 BILLION RUPEES
MARCH-QUARTER CONSOL NET PROFIT 772.6 MILLION RUPEES VERSUS 488.8 MILLION RUPEES
FINAL DIVIDEND 2 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: TEGA.NS
(([email protected];))
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Popular questions
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What does Tega Industries do?
Tega Industries Limited is a prominent manufacturer and distributor of specialized products for the mineral beneficiation, mining, and bulk solids handling industry, providing a wide range of abrasion and wear-resistant components.
Who are the competitors of Tega Industries?
Tega Industries major competitors are GMR Power and Urban, Praj Industries, Lloyds Engr Works, BEML, Skipper, Inox Green Enrgy Ser, GMM Pfaudler. Market Cap of Tega Industries is ₹9,388 Crs. While the median market cap of its peers are ₹7,807 Crs.
Is Tega Industries financially stable compared to its competitors?
Tega Industries seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Tega Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Tega Industries latest dividend payout ratio is 6.86% and 3yr average dividend payout ratio is 7.04%
How has Tega Industries allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory
How strong is Tega Industries balance sheet?
Balance sheet of Tega Industries is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Tega Industries improving?
The profit is oscillating. The profit of Tega Industries is ₹182 Crs for TTM, ₹194 Crs for Mar 2024 and ₹184 Crs for Mar 2023.
Is the debt of Tega Industries increasing or decreasing?
Yes, The debt of Tega Industries is increasing. Latest debt of Tega Industries is ₹123 Crs as of Sep-24. This is greater than Mar-24 when it was ₹69.92 Crs.
Is Tega Industries stock expensive?
Yes, Tega Industries is expensive. Latest PE of Tega Industries is 50.02, while 3 year average PE is 39.0. Also latest EV/EBITDA of Tega Industries is 28.93 while 3yr average is 25.63.
Has the share price of Tega Industries grown faster than its competition?
Tega Industries has given lower returns compared to its competitors. Tega Industries has grown at ~44.13% over the last 2yrs while peers have grown at a median rate of 84.38%
Is the promoter bullish about Tega Industries?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Tega Industries is 74.8% and last quarter promoter holding is 74.8%.
Are mutual funds buying/selling Tega Industries?
The mutual fund holding of Tega Industries is decreasing. The current mutual fund holding in Tega Industries is 15.69% while previous quarter holding is 15.99%.