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Tega Industries LimitedNSEI:TEGA Stock Report

Market Cap ₹137.3b
Share Price
₹1.82k
₹1.93k
5.7% undervalued intrinsic discount
1Y14.5%
7D13.8%
1D
Portfolio Value
View

Tega Industries Limited

NSEI:TEGA Stock Report

Market Cap: ₹137.3b

Tega Industries (TEGA) Stock Overview

Designs, manufactures, and installs process equipment and accessories for the mineral processing, mining, and material handling industries. More details

TEGA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

TEGA Community Fair Values

Create Narrative

See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

Tega Industries Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tega Industries
Historical stock prices
Current Share Price₹1,821.10
52 Week High₹2,125.00
52 Week Low₹1,467.00
Beta0.36
1 Month Change9.76%
3 Month Change5.04%
1 Year Change14.54%
3 Year Change98.36%
5 Year Changen/a
Change since IPO150.82%

Recent News & Updates

Narrative Update Jun 02

TEGA: Upcoming Board Decisions And CFO Transition Will Support Future Upside

Analysts have revised their fair value estimate for Tega Industries to ₹2,020.25 from ₹2,083.67, reflecting updated assumptions around the discount rate, revenue growth, profit margin, and a higher future P/E multiple. What's in the News A board meeting is scheduled for May 29, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, and to consider recommending a dividend on equity shares, if any.

Recent updates

Narrative Update Jun 02

TEGA: Upcoming Board Decisions And CFO Transition Will Support Future Upside

Analysts have revised their fair value estimate for Tega Industries to ₹2,020.25 from ₹2,083.67, reflecting updated assumptions around the discount rate, revenue growth, profit margin, and a higher future P/E multiple. What's in the News A board meeting is scheduled for May 29, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, and to consider recommending a dividend on equity shares, if any.
Narrative Update Apr 25

TEGA: Upcoming CFO Transition Will Support Confidence In Future Upside

Analysts kept their fair value estimate for Tega Industries steady at ₹2,083.67, indicating only minor model tweaks, such as a small adjustment in the discount rate and future P/E assumption, rather than any change in their core outlook. What's in the News A board meeting is scheduled for Apr 24, 2026 to consider the resignation of Chief Financial Officer Mr. Sharad Kumar Khaitan and the appointment of Mr. Shyama Prasad Ganguly, General Manager, Finance & Accounts, as Interim CFO and Key Managerial Personnel (Key Developments).
Narrative Update Apr 11

TEGA: Upcoming Board Decisions And Stable Assumptions Will Support Future Upside

Analysts have maintained their fair value estimate for Tega Industries at ₹2,083.67 per share, with only slight model adjustments to the discount rate, growth, margin, and future P/E assumptions. As a result, the headline price target remains unchanged while the underlying rationale is refined.
Narrative Update Mar 27

TEGA: Stable Fair Value And Board Actions Will Support Future Upside

Analysts have kept their fair value estimate for Tega Industries steady at ₹2,083.67 per share, with only marginal tweaks to inputs like the discount rate, revenue growth, profit margin, and future P/E. This reflects a broadly unchanged overall view of the company.
Narrative Update Mar 13

TEGA: Board Actions And Higher P/E Expectations Will Support Long Term Prospects

Analysts have lifted their price target for Tega Industries from ₹2,034 to about ₹2,084, reflecting updated views on fair value, discount rate assumptions, revenue growth expectations, profit margins and the future P/E multiple. What's in the News Board meeting scheduled for Feb 12, 2026, at 12:30 Indian Standard Time to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Analysis Article Feb 15

Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

Tega Industries Limited ( NSE:TEGA ) shareholders are probably feeling a little disappointed, since its shares fell...
Narrative Update Feb 06

TEGA: Recent Equity Raise Will Support Stronger Long Term Prospects

Analysts have kept their fair value estimate for Tega Industries steady at ₹2,034.0 per share, with the unchanged view supported by refined assumptions on discount rate, revenue growth, profit margin and future P/E that largely offset each other in their updated models. What's in the News Tega Industries has scheduled a board meeting on February 12, 2026 to consider and approve its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Narrative Update Jan 23

TEGA: Recent Equity Raise Will Support Stronger Long Term Outlook

Analysts have kept their fair value estimate for Tega Industries broadly steady at ₹2,034, with only marginal tweaks to the discount rate and long run assumptions behind revenue growth, profit margins and future P/E to reflect updated modelling rather than a change in conviction. What's in the News On November 28, 2025, Tega Industries Limited closed a private placement of 8,592,206 equity shares at an issue price of ₹1,994 per share, raising gross proceeds of about ₹17.13b (Key Developments).
Narrative Update Jan 08

TEGA: Private Placement And Board Review Will Support Stable Long Term Outlook

Analysts have maintained their fair value estimate for Tega Industries at ₹2,034.00, with only very small model tweaks to the discount rate, growth, margin and future P/E assumptions. This signals a broadly unchanged view on the stock’s long term potential.
Analysis Article Dec 23

Does Tega Industries (NSE:TEGA) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Dec 15

TEGA: Planned Equity Placement And Board Actions Will Shape Balanced Risk Outlook

Analysts have slightly reaffirmed their outlook on Tega Industries, keeping the fair value estimate effectively unchanged at ₹2,034, as modest improvements in the assumed discount rate and stable long term growth and profitability expectations support the existing price target. What's in the News Closed a private placement on November 28, 2025, issuing 8,592,206 equity shares at INR 1,994 each, raising about INR 17.13 billion in gross proceeds (Key Developments).
Narrative Update Dec 01

TEGA: Upcoming Fundraising And Board Decisions Will Influence Risk-Reward Balance

Analysts have revised their price target for Tega Industries to ₹2,034. This change reflects a slight adjustment based on modest increases in projected revenue growth and a minor uptick in the company’s discount rate.
Analysis Article Nov 21

Additional Considerations Required While Assessing Tega Industries' (NSE:TEGA) Strong Earnings

Tega Industries Limited's ( NSE:TEGA ) robust earnings report didn't manage to move the market for its stock. We did...
Narrative Update Nov 17

TEGA: Upcoming Meetings And Fundraising Will Shape Risk-Reward Outlook

Narrative Update on Tega Industries: Analyst Price Target Revision Analysts have raised their fair value estimate for Tega Industries from ₹1,928 to ₹2,034. This update reflects improved profit margin projections and a recalibration of key financial assumptions.
Analysis Article Nov 16

Tega Industries Limited (NSE:TEGA) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Tega Industries Limited ( NSE:TEGA ) came out with its quarterly results last week, and we wanted to see how the...
Analysis Article Sep 14

We Think Shareholders Will Probably Be Generous With Tega Industries Limited's (NSE:TEGA) CEO Compensation

Key Insights Tega Industries to hold its Annual General Meeting on 19th of September Salary of ₹43.0m is part of CEO...
Narrative Update Aug 07

Expanding Chile And African Mining Capacity Will Unlock Markets

The notable upward revision in Tega Industries’ consensus analyst price target is primarily supported by modest improvements in both its future P/E multiple and net profit margin, resulting in a new fair value estimate of ₹2003. What's in the News Board meeting scheduled to consider unaudited financial results for the quarter ended June 30, 2025, including both standalone and consolidated accounts.
Analysis Article Jul 26

Tega Industries Limited's (NSE:TEGA) 27% Jump Shows Its Popularity With Investors

Despite an already strong run, Tega Industries Limited ( NSE:TEGA ) shares have been powering on, with a gain of 27% in...
Analysis Article Jul 01

We Think Tega Industries (NSE:TEGA) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 02

Tega Industries Limited's (NSE:TEGA) P/E Is Still On The Mark Following 26% Share Price Bounce

Tega Industries Limited ( NSE:TEGA ) shareholders have had their patience rewarded with a 26% share price jump in the...
Analysis Article Mar 10

Tega Industries (NSE:TEGA) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
User avatar
New Narrative Feb 09

Capacity Expansions In Chile And Dahej Will Support Future Demand In Gold And Copper Markets

Strong demand from gold and copper mines and operational excellence are driving robust revenue growth and improving net margins.
Analysis Article Feb 09

Tega Industries Limited (NSE:TEGA) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

It's been a good week for Tega Industries Limited ( NSE:TEGA ) shareholders, because the company has just released its...
Analysis Article Jan 15

Tega Industries' (NSE:TEGA) Returns Have Hit A Wall

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article Dec 07

Tega Industries Limited's (NSE:TEGA) Share Price Is Still Matching Investor Opinion Despite 25% Slump

Tega Industries Limited ( NSE:TEGA ) shares have had a horrible month, losing 25% after a relatively good period...
Analysis Article Nov 17

Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

It's been a sad week for Tega Industries Limited ( NSE:TEGA ), who've watched their investment drop 12% to ₹1,930 in...
Analysis Article Aug 04

Tega Industries' (NSE:TEGA) Profits May Not Reveal Underlying Issues

Following the solid earnings report from Tega Industries Limited ( NSE:TEGA ), the market responded by bidding up the...
Analysis Article Aug 02

With EPS Growth And More, Tega Industries (NSE:TEGA) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 05

Tega Industries (NSE:TEGA) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 05

Investors Appear Satisfied With Tega Industries Limited's (NSE:TEGA) Prospects

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 28x, you may consider Tega...
Analysis Article Apr 03

Here's Why We Think Tega Industries (NSE:TEGA) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 05

Slowing Rates Of Return At Tega Industries (NSE:TEGA) Leave Little Room For Excitement

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Feb 12

Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

Last week, you might have seen that Tega Industries Limited ( NSE:TEGA ) released its quarterly result to the market...
Analysis Article Feb 11

Why We're Not Concerned About Tega Industries Limited's (NSE:TEGA) Share Price

Tega Industries Limited's ( NSE:TEGA ) price-to-earnings (or "P/E") ratio of 40.2x might make it look like a sell right...
Analysis Article Oct 20

Tega Industries (NSE:TEGA) Hasn't Managed To Accelerate Its Returns

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Jul 27

Here's Why Tega Industries (NSE:TEGA) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jun 04

News Flash: Analysts Just Made A Notable Upgrade To Their Tega Industries Limited (NSE:TEGA) Forecasts

Celebrations may be in order for Tega Industries Limited ( NSE:TEGA ) shareholders, with the covering analyst...
Analysis Article Jun 02

Results: Tega Industries Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Tega Industries Limited ( NSE:TEGA ) just released its latest full-year results and things are looking bullish. Tega...
Analysis Article May 19

Risks To Shareholder Returns Are Elevated At These Prices For Tega Industries Limited (NSE:TEGA)

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 22x, you may consider Tega...

Shareholder Returns

TEGAIN MachineryIN Market
7D13.8%-0.6%-1.4%
1Y14.5%12.0%-0.9%

Return vs Industry: TEGA exceeded the Indian Machinery industry which returned 12% over the past year.

Return vs Market: TEGA exceeded the Indian Market which returned -0.9% over the past year.

Price Volatility

Is TEGA's price volatile compared to industry and market?
TEGA volatility
TEGA Average Weekly Movement6.0%
Machinery Industry Average Movement7.4%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.3%
10% least volatile stocks in IN Market4.8%

Stable Share Price: TEGA has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: TEGA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1976709Mehul Mohankawww.tegaindustries.com

Tega Industries Limited designs, manufactures, and installs process equipment and accessories for the mineral processing, mining, and material handling industries. It offers a range of grinding mill liners, such as DynaPrime, DynaSteel, DynaPulp, and DynaWear. The company also offers conveyor components products comprising centrax, friflo, spill-ex skirt sealing, bed system manufacturer, eco-flip skirt, single wing, ceramic pulley lagging, and ceradisc.

Tega Industries Limited Fundamentals Summary

How do Tega Industries's earnings and revenue compare to its market cap?
TEGA fundamental statistics
Market cap₹137.27b
Earnings (TTM)₹1.43b
Revenue (TTM)₹17.74b
95.9x
P/E Ratio
7.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TEGA income statement (TTM)
Revenue₹17.74b
Cost of Revenue₹6.85b
Gross Profit₹10.88b
Other Expenses₹9.46b
Earnings₹1.43b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)18.99
Gross Margin61.37%
Net Profit Margin8.04%
Debt/Equity Ratio9.3%

How did TEGA perform over the long term?

See historical performance and comparison

Dividends

0.1%
Current Dividend Yield
7%
Payout Ratio

Does TEGA pay a reliable dividends?

See TEGA dividend history and benchmarks
When do you need to buy TEGA by to receive an upcoming dividend?
Tega Industries dividend dates
Ex Dividend DateSep 11 2026
Dividend Pay DateOct 24 2026
Days until Ex dividend100 days
Days until Dividend pay date143 days

Does TEGA pay a reliable dividends?

See TEGA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 11:25
End of Day Share Price 2026/06/03 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tega Industries Limited is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Ankur PeriwalAxis Capital Limited
Chirag MuchhalaCentrum Broking Limited