Tega Industries Past Earnings Performance
Past criteria checks 2/6
Tega Industries has been growing earnings at an average annual rate of 24.2%, while the Machinery industry saw earnings growing at 22.4% annually. Revenues have been growing at an average rate of 15.9% per year. Tega Industries's return on equity is 16.8%, and it has net margins of 13.1%.
Key information
24.2%
Earnings growth rate
20.9%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 15.9% |
| Return on equity | 16.8% |
| Net Margin | 13.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Here's Why We Think Tega Industries (NSE:TEGA) Is Well Worth Watching
Apr 03
Slowing 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 01Revenue & Expenses BreakdownBeta
How Tega Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 13,821 | 1,816 | 2,128 | 0 |
| 30 Sep 23 | 13,389 | 1,944 | 1,940 | 0 |
| 30 Jun 23 | 12,376 | 1,824 | 1,804 | 0 |
| 31 Mar 23 | 12,140 | 1,840 | 1,700 | 0 |
| 31 Dec 22 | 11,076 | 1,557 | 1,617 | 0 |
| 30 Sep 22 | 10,685 | 1,409 | 1,572 | 0 |
| 30 Jun 22 | 10,230 | 1,281 | 1,469 | 0 |
| 31 Mar 22 | 9,518 | 1,169 | 1,482 | 0 |
| 31 Dec 21 | 9,105 | 1,092 | 1,435 | 0 |
| 31 Mar 21 | 8,055 | 1,364 | 1,275 | 0 |
| 31 Mar 20 | 6,848 | 655 | 1,218 | 0 |
| 31 Mar 19 | 6,338 | 326 | 1,173 | 0 |
Quality Earnings: TEGA has high quality earnings.
Growing Profit Margin: TEGA's current net profit margins (13.1%) are lower than last year (14.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TEGA's earnings have grown significantly by 24.2% per year over the past 5 years.
Accelerating Growth: TEGA's earnings growth over the past year (16.7%) is below its 5-year average (24.2% per year).
Earnings vs Industry: TEGA earnings growth over the past year (16.7%) did not outperform the Machinery industry 29.7%.
Return on Equity
High ROE: TEGA's Return on Equity (16.8%) is considered low.