Tega Industries Ltd Analyst Rating
based on 4 analysts
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 ₹2012.5
Source: S&P Global Market Intelligence
Tega Industries Ltd Share analysis
Tega Industries Ltd price forecast by 4 analysts
Upside of11.10%
High
₹2150
Target
₹2012.50
Low
₹1841
Tega Industries Ltd target price ₹2012.5, a slight upside of 11.1% compared to current price of ₹1747.75. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Tega Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:40.65%
Forecast
Actual
Including amortisation and stock based compensations
Tega Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:63.69%
Forecast
Actual
Source: S&P Global Market Intelligence
Tega Industries Ltd Performance
Day's Low
Day's High
₹1,730₹1,801.852 Week's Low
52 Week's High
₹963.95₹2,328.9
| Returns % | |
| 1 Month Return | -0.24 % |
| 3 Month Return | + 4.06 % |
| 1 Year Return | + 77.48 % |
| Market Stats | |
| Previous Close | ₹1,811.40 |
| Open | ₹1,790.05 |
| Volume | 58.61K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹12,052.24Cr |
Tega Industries Ltd Key Statistics
| P/E Ratio | 71.2 |
| PEG Ratio | -18.45 |
| Market Cap | ₹12,052.24 Cr |
| P/B Ratio | 7.22 |
| EPS | 29.14 |
| Dividend Yield | 0.16 |
| Sector | Engineering |
| ROE | 11.62 |
Tega Industries Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹12,052.24 Cr | 29.9% | 0.55 | ₹193 Cr | ₹1,492 Cr | |
| NA | ₹71.37 Cr | -7.4% | 0.68 | NA | NA | |
| NA | ₹167.31 Cr | 129.47% | 0.65 | NA | NA | |
| NA | ₹23.38 Cr | -10.1% | 0.89 | NA | NA | |
| NA | ₹414.44 Cr | -0.64% | 0.70 | ₹10 Cr | ₹131 Cr |
Tega Industries Ltd Mutual Fund Holdings
About Tega Industries Ltd
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: ₹1747.75 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹12,052.24Cr 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
| Organisation | Tega Industries Ltd |
| Headquarters | |
| Industry | Engineering |
| E-voting on shares | Click here to vote |
Key events for Tega Industries Ltd
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.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 1.70% to 1.76% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, TEGA has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 15.82% to 15.99% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 352.8 Cr → 368.17 Cr (in ₹), with an average increase of 4.2% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 74.79% of holdings in Sep 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 89.49 Cr → 7.22 Cr (in ₹), with an average decrease of 69.7% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, TEGA stock has moved down by -6.2%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 4.57% to 4.33% in Sep 2024 quarter
Tega Industries Ltd Financials
Index Inclusions
Tega Industries Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.79% | 0.00 | |
| Foreign Institutions | 1.76% | 4.03 | |
| Mutual Funds | 15.99% | 1.07 | |
| Retail Investors | 4.33% | ||
| Others | 3.12% | 0.07 |
Tega Industries Ltd Key Indicators
Tega Industries Ltd Valuation
Tega Industries Ltd in the last 5 years
Lowest (20.96x)
February 24, 2022
Industry (59.31x)
November 19, 2024
Today (71.20x)
November 19, 2024
Highest (86.39x)
November 11, 2024
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 ResultsTega Industries Ltd Dividends May,2024
In the quarter ending March 2024, Tega Industries Ltd has declared dividend of ₹2 - translating a dividend yield of 0.23%.
Read More about Dividends
Tega Industries Ltd Technicals Summary
Bearish
Neutral
Bullish
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 ₹1747.75
Tega Industries Ltd is listed on NSE
Tega Industries Ltd is listed on BSE
- Today’s highest price of Tega Industries Ltd is ₹1801.8.
- Today’s lowest price of Tega Industries Ltd is ₹1730.
PE Ratio of Tega Industries Ltd is 71.2
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 58.61K.
Today’s market capitalisation of Tega Industries Ltd(TEGA) is ₹12052.24Cr.
| Tega Industries Ltd(TEGA | Price |
|---|---|
52 Week High | ₹2328.9 |
52 Week Low | ₹963.95 |
Tega Industries Ltd(TEGA) share price is ₹1747.75. It is down -24.95% from its 52 Week High price of ₹2328.9
Tega Industries Ltd(TEGA) share price is ₹1747.75. It is up 81.31% from its 52 Week Low price of ₹963.95
| Tega Industries Ltd(TEGA | Returns |
|---|---|
1 Day Returns | -63.65% |
1 Month Returns | -0.24% |
3 Month Returns | 4.06% |
1 Year Returns | 77.48% |