Tega Industries Limited

NSEI:TEGA Stock Report

Market Cap: ₹100.7b

Tega Industries Management

Management criteria checks 2/4

Tega Industries' CEO is Mehul Mohanka, appointed in Jan 2017, has a tenure of 8.08 years. total yearly compensation is ₹57.94M, comprised of 77% salary and 23% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth ₹5.01M. The average tenure of the management team and the board of directors is 1.4 years and 3.3 years respectively.

Key information

Mehul Mohanka

Chief executive officer

₹57.9m

Total compensation

CEO salary percentage77.0%
CEO tenure8.1yrs
CEO ownership0.005%
Management average tenure1.4yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

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

Jan 15
Tega Industries' (NSE:TEGA) Returns Have Hit A Wall

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

Dec 07
Tega Industries Limited's (NSE:TEGA) Share Price Is Still Matching Investor Opinion Despite 25% Slump

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

Nov 17
Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

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

Aug 04
Tega Industries' (NSE:TEGA) Profits May Not Reveal Underlying Issues

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

Aug 02
With EPS Growth And More, Tega Industries (NSE:TEGA) Makes An Interesting Case

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

Jul 05
Tega Industries (NSE:TEGA) Has A Pretty Healthy Balance Sheet

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

Jun 05
Investors Appear Satisfied With Tega Industries Limited's (NSE:TEGA) Prospects

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

Apr 03
Here's Why We Think Tega Industries (NSE:TEGA) Is Well Worth Watching

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

Mar 05
Slowing Rates Of Return At Tega Industries (NSE:TEGA) Leave Little Room For Excitement

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

Feb 12
Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

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

Feb 11
Why We're Not Concerned About Tega Industries Limited's (NSE:TEGA) Share Price

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

Oct 20
Tega Industries (NSE:TEGA) Hasn't Managed To Accelerate Its Returns

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

Jul 27
Here's Why Tega Industries (NSE:TEGA) Has Caught The Eye Of Investors

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

Jun 04
News Flash: Analysts Just Made A Notable Upgrade To Their Tega Industries Limited (NSE:TEGA) Forecasts

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

Jun 02
Results: Tega Industries Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

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

May 19
Risks To Shareholder Returns Are Elevated At These Prices For Tega Industries Limited (NSE:TEGA)

Weak Statutory Earnings May Not Tell The Whole Story For Tega Industries (NSE:TEGA)

Jun 01
Weak Statutory Earnings May Not Tell The Whole Story For Tega Industries (NSE:TEGA)

CEO Compensation Analysis

How has Mehul Mohanka's remuneration changed compared to Tega Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹58m₹45m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹69m₹49m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹1b

Mar 31 2022₹22m₹10m

₹1b

Dec 31 2021n/an/a

₹1b

Mar 31 2021₹13mn/a

₹1b

Compensation vs Market: Mehul's total compensation ($USD668.57K) is above average for companies of similar size in the Indian market ($USD359.03K).

Compensation vs Earnings: Mehul's compensation has been consistent with company performance over the past year.


CEO

Mehul Mohanka (49 yo)

8.1yrs

Tenure

₹57,940,000

Compensation

Mr. Mehul Mohanka serves as Independent Director at West Bengal State Electricity Distribution Company Limited since 2023. He was Executive Chairman of Tega Industries Ltd. and has been its Group Chief Exe...


Leadership Team

NamePositionTenureCompensationOwnership
Mehul Mohanka
Group CEO8.1yrs₹57.94m0.0050%
₹ 5.0m
Madan Mohanka
Whole-Time Directorless than a year₹56.21m18.98%
₹ 19.1b
Sharad Khaitan
Chief Financial Officer1.6yrsno datano data
Manoj Sinha
Director of Global Operationsno datano datano data
Manjuree Rai
Global Head - Legal & Compliance2.5yrsno datano data
Pratik Roy
President of Product Management1.3yrsno datano data
Sanjeev Mishra
Global Head of Capital Equipment (Capex) Purchaseless than a yearno datano data

1.4yrs

Average Tenure

Experienced Management: TEGA's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mehul Mohanka
Group CEOno data₹57.94m0.0050%
₹ 5.0m
Madan Mohanka
Whole-Time Directorno data₹56.21m18.98%
₹ 19.1b
Madhu Dubhashi
Independent Director3.8yrs₹1.43mno data
Anand Sen
Non-Executive & Independent Additional Director1.1yrsno datano data
Jagdishwar Sinha
Independent Director3.8yrs₹1.91mno data
Ashwani Maheshwari
Independent Director2.8yrs₹1.49mno data

3.3yrs

Average Tenure

65yo

Average Age

Experienced Board: TEGA's board of directors are considered experienced (3.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 22:23
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Tega Industries Limited is covered by 5 analysts. 4 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
Chirag MuchhalaCentrum Broking Limited
Sandeep TulsiyanJM Financial Institutional Securities Limited