ALFA Finder| Revenue growth | Legacy Q2 revenue +19% YoY; consolidated ₹4,254 Cr includes Molycop (inorganic). |
|---|---|
| Margins | Legacy consumables margin 20.8% in Q2; consolidated EBITDA margin 14.2%, flat-ish. |
| Order book | Legacy audible ₹13,976 Cr, up 14% QoQ; ₹11,576 Cr executable within 12 months. |
| Demand visibility | Legacy order book healthy; equipment H2 recovery depends on customer approvals. |
| Management confidence | Balanced: confident on recovery, hedged on timing ('hope', 'crystal ball'). |
Growth
Legacy Q2 revenue +19% YoY, consumables +26%, equipment +72% QoQ off a weak base; legacy EBITDA only +11%.
Outlook
Equipment growth cut to 15% from 25%; Molycop margin +100bps 'in coming year'; Chile plant commercial production by March 2027.
Risks
Equipment depends on customer approvals; Molycop margins flat; non-core asset sales 12-18 months out; ₹710 Cr Apollo liability.
Last quarter's promises, checked
Delivered
- Guided consumables ~15% CAGR → +26% YoY (= BEAT)
- Guided Molycop margin flat → flat (= BEAT)
Partly delivered
- Guided gross margin ~62% → H1 61% (= PARTIAL)
- Guided Molycop net debt down by FYE → ₹1,000 Cr term loan repaid; Molycop net debt unreported (= PARTIAL)
- Guided Chile commercial production Mar-27 → on track, not yet due (= PARTIAL)
Missed
- Guided Molycop volume ~+5% → flat Q2 YoY (= MISS)
- Guided consolidated EBITDA ~15% → 14.2% (= MISS)
Earnings Call Transcript filed with NSE, NSE: TEGA. Summary written with AI assistance from the document.
Tega Industries Ltd: key numbers
- Share price
- ₹1,689.20
- Market cap
- ₹12,771 Cr
- Revenue (annual)
- ₹1,692 Cr
- Net profit (annual)
- ₹142.7 Cr
- P/E (TTM)
- -179.2×Sector 17.0×
- Promoter holding
- 67.08%-0.42% QoQ
- FII holding
- 2.68%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Tega Industries Ltd
All →Tega Industries Investor Presentation: Key Takeaways
H1 FY27 Group total income Rs 60,356 Mn, adj EBITDA Rs 8,720 Mn (14%), adj PAT Rs 452 Mn after Molycop grinding media loss. Tega ex-Molycop adj PAT Rs 602 Mn.
Tega Industries Q2 FY27 Results: Net Loss of ₹58.8 Cr
Tega Industries Ltd reported revenue from operations of ₹4,254 Cr (+949.3% YoY) and a net loss of ₹58.8 Cr for Q2 FY27.
- Key figure
- Net loss ₹58.8 Cr
Tega Industries Other Announcement
Tega Industries shareholding pattern filing for the quarter ending September 2026, showing promoter group holding of about 67.08% and the public breakdown across institutions and non-institutions. The filing is a routine SEBI Reg 31 disclosure with no transaction.
Tega Industries Promoter Buying (Off-Market)
Mehul Mohanka gifted 46 shares of NFSPL to Mehul Mohanka Benefit Trust in an off-market inter-se transfer within the promoter group. No change in Tega Industries' control or overall promoter holding, which remains at 49.56%.
Tega Industries Board Meeting Date
Tega Industries scheduled a Board meeting for November 5, 2026 to approve unaudited Q1/H1 FY27 results. Insider trading window remains closed until November 7.
Tega Industries Legal & Regulatory
The Calcutta High Court set aside tax reassessment proceedings against Tega's subsidiary, TMML, regarding a demand of Rs 13.79 Crore.
- Value
- ₹13.79 Cr