Tega Industries Future Growth
Future criteria checks 4/6
Tega Industries is forecast to grow earnings and revenue by 24.1% and 17.7% per annum respectively. EPS is expected to grow by 24.2% per annum. Return on equity is forecast to be 19.4% in 3 years.
Key information
24.1%
Earnings growth rate
24.2%
EPS growth rate
| Machinery earnings growth | 16.3% |
| Revenue growth rate | 17.7% |
| Future return on equity | 19.4% |
| Analyst coverage | Low |
| Last updated | 04 Apr 2024 |
Recent future growth updates
Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next
Feb 12
Results: Tega Industries Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Jun 02Recent updates
Here's Why We Think Tega Industries (NSE:TEGA) Is Well Worth Watching
Apr 03Slowing Rates Of Return At Tega Industries (NSE:TEGA) Leave Little Room For Excitement
Mar 05Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next
Feb 12Why We're Not Concerned About Tega Industries Limited's (NSE:TEGA) Share Price
Feb 11Tega Industries (NSE:TEGA) Hasn't Managed To Accelerate Its Returns
Oct 20Here's Why Tega Industries (NSE:TEGA) Has Caught The Eye Of Investors
Jul 27News Flash: Analysts Just Made A Notable Upgrade To Their Tega Industries Limited (NSE:TEGA) Forecasts
Jun 04Results: Tega Industries Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Jun 02Risks To Shareholder Returns Are Elevated At These Prices For Tega Industries Limited (NSE:TEGA)
May 19Weak Statutory Earnings May Not Tell The Whole Story For Tega Industries (NSE:TEGA)
Jun 01Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2026 | 20,890 | 3,042 | 1,503 | N/A | 4 |
| 3/31/2025 | 17,907 | 2,420 | 918 | N/A | 4 |
| 3/31/2024 | 15,320 | 1,886 | 773 | N/A | 4 |
| 12/31/2023 | 13,821 | 1,816 | N/A | N/A | N/A |
| 9/30/2023 | 13,389 | 1,944 | 1,840 | 2,458 | N/A |
| 6/30/2023 | 12,376 | 1,824 | N/A | N/A | N/A |
| 3/31/2023 | 12,140 | 1,840 | 863 | 1,786 | N/A |
| 12/31/2022 | 11,076 | 1,557 | N/A | N/A | N/A |
| 9/30/2022 | 10,685 | 1,409 | 300 | 1,111 | N/A |
| 6/30/2022 | 10,230 | 1,281 | N/A | N/A | N/A |
| 3/31/2022 | 9,518 | 1,169 | -273 | 137 | N/A |
| 12/31/2021 | 9,105 | 1,092 | N/A | N/A | N/A |
| 3/31/2021 | 8,055 | 1,364 | 1,216 | 1,702 | N/A |
| 3/31/2020 | 6,848 | 655 | 1,006 | 1,284 | N/A |
| 3/31/2019 | 6,338 | 326 | 425 | 687 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TEGA's forecast earnings growth (24.1% per year) is above the savings rate (6.7%).
Earnings vs Market: TEGA's earnings (24.1% per year) are forecast to grow faster than the Indian market (17.6% per year).
High Growth Earnings: TEGA's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TEGA's revenue (17.7% per year) is forecast to grow faster than the Indian market (10% per year).
High Growth Revenue: TEGA's revenue (17.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TEGA's Return on Equity is forecast to be low in 3 years time (19.4%).