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Tega Industries Ltd

(TEGA)

₹1610.753.02%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Tega Industries Ltd Analyst Rating

based on 4 analysts

BUY

75.00%

Buy

25.00%

Hold

0.00%

Sell

Based on 4 analysts offering long term price targets for Tega Industries Ltd. An average target of ₹2040

Source: S&P Global Market Intelligence

Tega Industries Ltd Share analysis

Tega Industries Ltd price forecast by 4 analysts

Upside of22.83%

High

₹2150

Target

₹2040.00

Low

₹1841

Tega Industries Ltd target price ₹2040, a slight upside of 22.83% compared to current price of ₹1610.75. According to 4 analysts rating.

Source: S&P Global Market Intelligence

Tega Industries Ltd Performance

  • Day's Low

    Day's High

    ₹1,589.75
    Day's Price Range
    ₹1,700
  • 52 Week's Low

    52 Week's High

    ₹1,013.25
    52-Week Price Range
    ₹2,328.9
1 Month Return-4.97 %
3 Month Return-9.81 %
1 Year Return+ 54.61 %
Previous Close₹1,660.85
Open₹1,675.00
Volume44.18K
Upper Circuit-
Lower Circuit-
Market Cap₹11,133.05Cr

Tega Industries Ltd Key Statistics

P/E Ratio65.28
PEG Ratio-16.91
Market Cap₹11,133.05 Cr
P/B Ratio7.22
EPS29.14
Dividend Yield0.16
SectorEngineering
ROE11.62

Tega Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹11,133.05 Cr25.75%0.55₹193 Cr₹1,492 Cr
NA₹356.97 Cr151.22%0.74NANA
NA₹2,321.91 Cr245.44%0.56₹59 Cr₹559 Cr
NA₹449.53 Cr1.45%0.70₹10 Cr₹131 Cr
NA₹803.14 Cr72.51%0.51NANA

About Tega Industries Ltd

Tega Industries is an Indian company originally incorporated as Tega India Limited in 1976, but later changed its name to Tega Industries Limited in 2002. Specializing in abrasion-resistant rubber, polyurethane, steel, and ceramic based lining components used across different stages of mining and mineral processing, the company offers comprehensive solutions to global clients in the mineral beneficiation, mining, and bulk solids handling industry.
Tega commenced operations in 1978 with a foreign collaboration with Skega AB Sweden. In October 2013, the company allotted 53,170,032 of equity shares of Rs. 10 each as bonus shares in a ratio of 12:1. In 2021, Tega came out with a Rs. 619.23 crore IPO that was entirely an offer for sale by selling shareholders. The IPO shares were allotted at a price of Rs. 453, including a premium of Rs. 443 per share. The shares were listed on the BSE Ltd and NSE on 13th December 2021.

Share Price: ₹1610.75 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹11,133.05Cr as of today
Revenue: ₹353.30Cr as on September 2024 (Q3 24)
Net Profit: ₹7.22Cr as on September 2024 (Q3 24)
Listing date: 13 Dec, 2021
Chairperson Name: MADAN MOHAN MOHANKA
OrganisationTega Industries Ltd
Headquarters
IndustryEngineering
E-voting on sharesClick here to vote

Key events for Tega Industries Ltd

  • Tega Industries Reports Decline in Net Sales and Profit - 26 Nov, 2024

    Tega Industries reported standalone net sales of Rs 197.61 crore for September 2024, down 0.53% year-on-year. Net profit decreased by 6.53% to Rs 30.95 crore, while EBITDA rose by 3.82% to Rs 51.63 crore. EPS fell to Rs 4.65 from Rs 4.98 in the previous year.
  • Tega Industries Reports Significant Q2 Profit Decline - 18 Nov, 2024

    Tega Industries experienced a substantial 84.8% decline in consolidated profit after tax for Q2 FY25, attributed to weak operational performance and one-time expenses. Despite this, analysts remain optimistic about future growth, maintaining a buy rating with a target price of Rs 2,120 per share.
  • Tega Industries Reports Significant Profit Decline in Q2 - 15 Nov, 2024

    Tega Industries' Q2 2024 results show an 84.76% profit drop year-over-year, with revenue down 6.4%. Despite challenges, analysts maintain a Strong Buy rating, indicating potential growth ahead.
  • Tega Industries Reports Decline in Q2 FY25 Results - 14 Nov, 2024

    Tega Industries shares surged over 4% before announcing Q2 FY25 results, which revealed a 6.4% revenue decline and an 84.7% drop in net profit YoY.

Insights on Tega Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, TEGA has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, TEGA has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 15.82% to 15.99% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 352.8 Cr → 368.17 Cr (in ₹), with an average increase of 4.2% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.70% to 1.76% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.79% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 4.57% to 4.33% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, TEGA stock has moved down by -7.6%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 89.49 Cr → 7.22 Cr (in ₹), with an average decrease of 69.7% per quarter

Tega Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹377.46Cr (-)₹340.20Cr (↓9.87%)₹506.98Cr (↑49.02%)₹339.98Cr (↓32.94%)₹353.30Cr (↑3.92%)
Net Income₹47.36Cr (-)₹35.62Cr (↓24.79%)₹89.49Cr (↑151.24%)₹36.74Cr (↓58.95%)₹7.22Cr (↓80.35%)
Net Profit Margin12.55% (-)10.47% (↓16.57%)17.65% (↑68.58%)10.81% (↓38.75%)2.04% (↓81.13%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,120.80Cr (-)₹1,233.02Cr (↑10.01%)₹1,324.30Cr (↑7.40%)₹1,461.48Cr (↑10.36%)
Total Liabilities₹299.49Cr (-)₹315.68Cr (↑5.41%)₹293.29Cr (↓7.09%)₹315.96Cr (↑7.73%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹109.43Cr (-)₹131.56Cr (↑20.22%)₹7.93Cr (↓93.97%)₹143.84Cr (↑1,713.87%)₹105.02Cr (↓26.99%)

Index Inclusions

S&P BSE Indus.

₹15,035.15

-2.67 (-412.57%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Tega Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.79%
0.00
Foreign Institutions
1.76%
4.03
Mutual Funds
15.99%
1.07
Retail Investors
4.33%
-5.24
Others
3.12%
0.07

Tega Industries Ltd Key Indicators

Details202220232024
Earning Per Share (₹)17.6327.7329.14
Details20202021202220232024
Return On Equity %12.7240.4811.0911.6811.62
Details20202021202220232024
Return On Assets %7.4912.179.4813.913.26
Details202220232024
Book Value Per Share (₹)111.03158.09179.13

Tega Industries Ltd Valuation

Tega Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (20.96x)

February 24, 2022

Industry (61.43x)

December 19, 2024

Today (65.28x)

December 19, 2024

Highest (86.39x)

November 11, 2024

LowHigh

Tega Industries Ltd Earnings and Dividends

  • Tega Industries Ltd Earnings Results

    Tega Industries Ltd’s net profit fell -84.76% since last year same period to ₹7.22Cr in the Q2 2024-2025. On a quarterly growth basis, Tega Industries Ltd has generated -80.35% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Tega Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Tega Industries Ltd has declared dividend of ₹2 - translating a dividend yield of 0.25%.

    Read More about Dividends

Tega Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Tega Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Tega Industries Ltd

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Tega Industries Ltd (TEGA) share price today is ₹1610.75

Tega Industries Ltd is listed on NSE

Tega Industries Ltd is listed on BSE

  • Today’s highest price of Tega Industries Ltd is ₹1700.
  • Today’s lowest price of Tega Industries Ltd is ₹1589.75.

PE Ratio of Tega Industries Ltd is 65.28

PE ratio = Tega Industries Ltd Market price per share / Tega Industries Ltd Earnings per share

Today’s traded volume of Tega Industries Ltd(TEGA) is 44.18K.

Today’s market capitalisation of Tega Industries Ltd(TEGA) is ₹11133.05Cr.

Tega Industries Ltd(TEGAPrice
52 Week High
₹2328.9
52 Week Low
₹1013.25

Tega Industries Ltd(TEGA) share price is ₹1610.75. It is down -30.84% from its 52 Week High price of ₹2328.9

Tega Industries Ltd(TEGA) share price is ₹1610.75. It is up 58.97% from its 52 Week Low price of ₹1013.25

Tega Industries Ltd(TEGAReturns
1 Day Returns
-50.1%
1 Month Returns
-4.97%
3 Month Returns
-9.81%
1 Year Returns
54.61%