Is Tega Industries a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tega Industries Ltd is a average quality company .

Is Tega Industries undervalued or overvalued?

The key valuation ratios of Tega Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Tega Industries share price return in the past 10 years?

Data is not available for this company

Is Tega Industries a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tega Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Tega Industries Ltd - Stock Valuation and Financial Performance

Name: Tega Industries
Brand: Tega Industries

BSE: 543413 | NSE: TEGA | Engineering - Industrial Equipments | Small Cap

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Tega Industries Share Price

₹1,704.05 -42.95 -2.46%
as on 22-Nov'24 16:59

10 Year X-Ray of Tega Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	12.4%	4.7%	-1.5%	7.7%	12.9%	13.5%	36.7%	12.9%	14.1%	14.2%	-
Value Creation Index ⓘ	-0.1	-0.7	-1.1	-0.4	-0.1	-0	1.7	-0.1	0.0	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	330	220	303	383	444	447	497	592	715	737	826
Sales YoY Gr.	-	-33.2%	37.6%	26.4%	15.9%	0.7%	11.1%	19.2%	20.8%	3%	-
Adj EPS ⓘ	4.9	1.2	-2.8	3.6	8.8	11.7	46.2	13.2	15.6	18	22.7
YoY Gr.	-	-76.5%	-342.2%	NA	140.9%	32.8%	296.1%	-71.4%	18.3%	14.9%	-
BVPS (₹) ⓘ	80.7	83	70	73.6	82.4	93.5	141.1	138.4	155.4	172.2	182.4
Adj Net Profit ⓘ	28.5	6.7	-16.2	21	50.5	67.1	266	87.7	104	120	151
Cash Flow from Ops. ⓘ	33.6	58.4	31.8	14.9	54.2	112	132	7.9	144	105	-
Debt/CF from Ops. ⓘ	2.1	0.8	3.5	10.7	2.6	1.9	1.2	21.3	1.1	1.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.4%	10.7%	14%	3%
Adj EPS ⓘ	15.4%	15.4%	-27%	14.9%
BVPSⓘ	8.8%	15.9%	6.9%	10.8%
Share Price	-	-	-	66.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	6.2	1.4	-3.6	5	11	13	38.8	10.1	10.7	11	12.8
Op. Profit Mgn % ⓘ	19.5	6.3	0.1	16.6	19	21.5	26.5	18.9	21.4	22.1	23.2
Net Profit Mgn % ⓘ	8.6	3	-5.3	5.5	11.4	15	53.5	14.8	14.5	16.2	18.2
Debt to Equity ⓘ	0.2	0.1	0.3	0.4	0.3	0.4	0.2	0.2	0.2	0.1	0
Working Cap Days ⓘ	357	543	303	370	445	451	404	389	360	371	150
Cash Conv. Cycle ⓘ	155	207	148	160	185	177	158	153	136	150	96

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.80%

Sales growth is growing at healthy rate in last 3 years 14.04%

Sales growth is good in last 4 quarters at 16.51%

Net Profit has been subdued in last 3 years -26.98%

Latest Financials - Tega Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	22.7	25.4
TTM Sales (₹ Cr.)	826	1,540
BVPS (₹.) ⓘ	182.4	188.1
Reserves (₹ Cr.) ⓘ	1,147	1,185
P/BV ⓘ	9.45	9.16
PE ⓘ	76.08	67.83

From the Market
52 Week Low / High (₹)	965.15 / 2327.45
All Time Low / High (₹)	398.00 / 2327.45
Market Cap (₹ Cr.)	11,467
Equity (₹ Cr.)	66.5
Face Value (₹)	10
Industry PE ⓘ	57.7

Management X-Ray of Tega Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Tega Industries

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Tega Industries

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	330	220	303	384	444	447	497	592	715	737
Operating Expenses ⓘ	265	206	303	330	361	363	374	484	563	574
Manufacturing Costs	24	12	15	19	25	48	48	58	73	78
Material Costs	121	80	111	162	195	187	197	265	322	310
Employee Cost	40	34	48	46	47	49	49	54	67	79
Other Costs ⓘ	81	80	129	103	93	79	80	107	101	107
Operating Profit ⓘ	64	14	0	54	83	84	123	108	153	163
Operating Profit Margin (%)	19.5%	6.3%	0.1%	14.2%	18.6%	18.9%	24.7%	18.3%	21.3%	22.1%
Other Income ⓘ	10	21	11	12	19	34	220	45	26	32
Interest ⓘ	8	5	6	12	15	17	14	9	11	11
Depreciation ⓘ	9	9	19	24	24	26	25	21	18	20
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	57	20	-14	31	63	76	305	124	150	164
Tax ⓘ	25	7	3	9	12	11	31	28	36	37
Profit After Tax	32	13	-16	21	51	64	274	96	114	127
PAT Margin (%)	9.8%	6.0%	-5.3%	5.5%	11.5%	14.4%	55.1%	16.2%	15.9%	17.2%
Adjusted EPS (₹)	5.6	2.3	-2.8	3.7	8.8	11.2	47.5	14.5	17.2	19.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	12%	11%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	474	487	412	433	483	547	821	917	1,031	1,145
Share Capital ⓘ	66	66	66	66	66	66	66	66	66	67
Reserves ⓘ	407	421	345	367	417	481	755	851	965	1,079
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	70	45	113	151	132	200	138	147	136	103
Long Term Debt	1	1	4	34	30	95	75	56	39	18
Short Term Debt	69	44	109	117	102	105	63	91	97	85
Trade Payables	31	28	63	58	72	51	76	68	61	82
Others Liabilities ⓘ	199	23	53	238	259	276	308	352	379	396
Total Liabilities ⓘ	773	583	641	880	946	1,075	1,342	1,484	1,606	1,727
Fixed Assets
Gross Block	123	129	178	189	196	227	259	268	298	329
Accumulated Depreciation	59	67	24	48	71	95	117	128	142	158
Net Fixed Assetsⓘ	64	62	154	142	125	131	142	140	156	171
CWIP ⓘ	8	6	8	5	4	9	5	5	8	7
Investmentsⓘ	255	275	198	186	243	397	626	641	721	764
Inventories	49	46	83	72	78	88	108	168	148	208
Trade Receivables	135	115	130	178	223	185	180	194	205	234
Cash Equivalents	7	5	12	38	1	6	1	4	5	4
Others Assetsⓘ	256	73	56	259	271	259	279	332	362	339
Total Assets ⓘ	773	583	641	880	946	1,075	1,342	1,484	1,606	1,727

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	34	58	32	15	54	112	132	8	144	105
PBT ⓘ	57	20	-14	31	63	76	305	124	150	164
Adjustment ⓘ	15	3	51	48	34	35	-154	4	23	12
Changes in Working Capital ⓘ	-15	46	-1	-58	-32	17	9	-89	4	-35
Tax Paid ⓘ	-23	-11	-5	-6	-11	-16	-28	-30	-32	-35
Cash Flow From Investing Activity ⓘ	-43	-31	-38	-1	-55	-152	-67	-6	-119	-54
Capex	-14	-5	8	29	62	-18	-35	-21	-34	-32
Net Investments	-1	-89	-15	-21	-61	-76	-32	9	-6	-25
Others ⓘ	-28	63	-31	-10	-57	-58	1	6	-80	3
Cash Flow From Financing Activityⓘ	3	-27	8	15	-34	45	-70	1	-24	-51
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	1
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	61	-11	-16	-19	-19
Interest Paid ⓘ	-7	-4	0	0	0	-14	-9	-7	-10	-12
Dividend Paid ⓘ	-2	0	0	0	0	0	0	0	0	0
Others ⓘ	12	-23	8	15	-34	-2	-50	23	5	-21
Net Cash Flow ⓘ	-6	0	2	28	-36	5	-5	2	1	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	7.21	2.81	-3.67	5.13	11.32	12.72	40.49	11.09	11.68	11.62
ROCE (%)	12.44	4.68	-1.46	7.7	12.85	13.46	36.69	12.85	14.08	14.21
Asset Turnover Ratio	0.51	0.33	0.5	0.51	0.49	0.44	0.45	0.42	0.46	0.44
PAT to CFO Conversion(x)	1.06	4.46	N/A	0.71	1.06	1.75	0.48	0.08	1.26	0.83
Working Capital Days
Receivable Days	142	201	147	146	165	167	134	115	102	109
Inventory Days	56	77	78	73	62	68	72	85	81	88
Payable Days	73	125	151	93	68	100	81	72	71	80

Tega Industries Ltd Stock News

Tega Industries Ltd FAQs

What is the share price of Tega Industries?

Company share prices are keep on changing according to the market conditions. The closing price of Tega Industries on 22-Nov-2024 16:59 is ₹1,704.1.

What is the market cap of Tega Industries?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of Tega Industries stood at ₹11,467.4.

What is the P/E ratio of Tega Industries?

The latest P/E ratio of Tega Industries as of 22-Nov-2024 16:59 is 76.08.

What is the P/B ratio of Tega Industries?

The latest P/B ratio of Tega Industries as of 22-Nov-2024 16:59 is 9.45.

What is the 52-week high and low of Tega Industries?

The 52-week high of Tega Industries is ₹2,327.5 and the 52-week low is ₹965.1.

What is the TTM revenue of Tega Industries?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tega Industries is ₹826.2 ( Cr.) .

About Tega Industries Ltd

Tega Industries is a leading manufacturer and distributor of specialized ‘critical to operate’ and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry. It offer comprehensive solutions to marquee global clients in the mineral beneficiation, mining and bulk solids handling industry, through its wide product portfolio of specialized abrasion and wear-resistant rubber, polyurethane, steel and ceramic based lining components, used by its customers across different stages of mining and mineral processing, screening, grinding and material handling, including after-market spends on wear, spare parts, grinding media and power, which are regular operating expenses for its customers. Its engineering capability, which has evolved over decades, has enabled it to consistently offer its quality, complex manufactured products within stipulated timelines, allowing it to reduce downtime and maximize operational efficiency for its customers, and forge robust relationships with its customers leading to high recurring revenues.

The company’s product portfolio comprises more than 55 mineral processing and material handling products. Its mineral processing and material handling products offering covers a wide range of solutions in the mining equipment, aggregates equipment and the mineral consumables industry. Its products offering include consumables required in the mines and mineral processing industry. In the sequence of their usage in the mineral processing value chain, after blasting to floatation, its products include chutes and its liners, grinding mill liners, trommels and screens, hydrocyclones, pumps and flotation parts and conveyor products. Its product range is engineered with a combination of mineral processing engineering, mechanical engineering and material sciences, while utilising its expertise in tribology.

Business area of the company

The company is a leading manufacturer of specialized ‘critical to operate’ and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry. Globally, it is the second largest producers of polymer-based mill liners.

Awards, Accreditations and Recognitions

2008: Madan Mohan Mohanka was recognized by the Indian Institute of Mineral Engineers, Trivandrum, for his eminence and outstanding contribution to the profession of mineral engineering.
2011: Madan Mohan Mohanka was awarded the ‘Outstanding Entrepreneurship Award at the Asia Pacific Entrepreneurship Awards, 2011.
2011: Madan Mohan Mohanka was presented with the ‘Distinguished alumnus award’ by the Indian Institute of Management, Ahmedabad.
2011-12: Madan Mohan Mohanka was conferred the award of excellence for his contributions to society and achievement in the field of his vocation by the Rotary Club of Calcutta Metropolitan, R.I District 3291.
2012: Madan Mohan Mohanka was the finalist in the Ernst & Young Entrepreneur of the Year, 2012, India.
2013: Awarded the ‘Best Existing Large Corporate with turnover between Rs. 300-1000 crore’ at the Economic Times Bengal Corporate Award, 2013.
2015: Granted the Quality Management System ISO 9001:2015 accreditation to Tega Africa.
2018: The Company was granted the Quality Certification, SA 8000:2014 accreditation for manufacturing facility located in Samali, West Bengal.
2019: The company was granted the Quality Certifications ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 accreditation.

Major events:

1975-76: Collaboration of Promoter, Madan Mohan Mohanka with Skega AB, Sweden and incorporation of the Company.
1991: Joint Venture alliance with Hosch (G.B.) Ltd.
1992: Application for registration of our patent in relation to method of preparing liner.
2001: Buyout by Madan Mohan Mohanka of Skega AB’s entire stake in our Company.
2002: Amalgamation of MM Global Private Limited with Company.
2006: Acquired Beruc Equipment, South Africa.
2010: Grant of patent in relation to improved screen panel.
2010-11: Acquired Acotec S.A, Chile and Losugen Pty Ltd, Australia.
2011: Investment by Wagner Limited, an affiliate of TA Associates Management, L.P.
2013: Grant of patent in relation to mosaic liners for chutes.
2018: Amalgamation of Tega Industries (SEZ) Limited with Company.
2019: Grant of trademark in relation to ‘DynaPrime’.