Capital GoodsMid capRs 13,096 crRs 17.3 cr traded a day
Close on 2026-08-21
1,743.20
−1.87%
52-week range42% of the way up
1,477.402,108.90
Market cap
13,096 cr
P/E (TTM)
1,563.7×
industry 52×
EPS (TTM)
1.11
Revenue YoY
+406.9%
Q1 FY27
Profit YoY
-394.6%
Net margin
-6.3%
-17.1pt vs a year ago
Growth trend
+403.0pt
vs last quarter’s YoY
1 month
+12.0%
Below 52w high
21.0%
RSI (14)
75
overbought
Daily swing
3.6%
average true range
Volume
0.6×
vs 20-day average
Traded
Rs 17 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
+2.31%
1 month
+12.05%
3 months
+9.73%
6 months
−5.60%
1 year
−12.65%
The read
written from the numbers on this page
The evidence is mixed3 supporting, 4 against, 1 worth knowing
Supporting
trading 0% above its 200-day average
4 independent kinds of evidence agree today, which is uncommon
revenue grew 407% year on year in the quarter ending 2026-06-30
Against
down 13% over twelve months
2 of the scans it matches have historically underperformed the market
net margin has narrowed from 13.3% to -6.3% across four quarters
priced at 1564× earnings against an industry median of 52× — 2901% above its peers
Worth knowing
RSI at 75 is stretched; strong stocks stay stretched for a long time, so this is a note on entry timing, not on direction
What would change this read: a close below 1,742, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Revenue rose 387.8% year on year, from Rs 353 cr to Rs 1,723 cr.
+387.8%Rs 353 crRs 1,723 cr
Tega Industries holds more cash than borrowings, with Rs 1,164 cr cash against Rs 318 cr borrowings.
Rs 1,164 crRs 318 cr
Operating cash flow was Rs 350 cr against Rs 8 cr of profit over four quarters, 4183% of it.
Rs 350 crRs 8 cr4183%
Needs watching3
Net profit -1599.5% year on year, Rs 7 cr to Rs -108 cr.
-1599.5%Rs 7 crRs -108 cr
Profit growth was -1599.5%, while revenue growth was +387.8%, indicating profit grew slower than revenue.
-1599.5%+387.8%
Net margin moved from 2.0% to -6.3%.
2.0%-6.3%
Every figure here is computed from the company’s own filings. Wording of 5 of these 6 lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, measured against zero
What the scans say today
6 of 47 matched on 2026-08-21
TEGA matches 6 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
TEGA reports 3 business segments. The largest is Consumable Grinding Media at 75% of revenue in the quarter ending 2026-06-30.
SegmentRevenueSharevs a year ago
Consumable Grinding Media1,292 cr74.9%—
Consumable Others397 cr23.0%—
Equipment36 cr2.1%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
0.2%
trailing profit over shareholders’ funds
Return on capital
1.3%
pre-tax profit over equity plus borrowings
Debt to equity
0.09×
318 cr borrowed against 3,407 cr of equity
Net debt
846 cr
cash exceeds borrowings
Cash conversion
4183%
operating cash flow as a share of profit
Receivable days
54
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
493 sessions since 2024-09-06
54×
median 75×
110×
now 99×
TEGA trades at 99× trailing earnings, above its median of 75× over this window — 31% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362) · Board meeting filings were typically -0.04pt vs the market over the next 5 sessions (n=5,458)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 407% against the same quarter a year earlier
revenue rose in 3 of the last 4 quarters
Going against it
profit dropped 395% year on year
net margin narrowed from 8.1% to -6.3%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
1,723
-117
-108
—
-6.3%
Q4 FY26
2026-03-31 · consolidated
527
66
43
5.68
8.1%
Q3 FY26
2025-12-31 · consolidated
404
31
20
2.83
4.9%
Q3 FY25
2024-12-31 · consolidated
409
70
54
8.15
13.3%
Q2 FY25
2024-09-30 · consolidated
353
14
7
1.08
2.0%
Q1 FY25
2024-06-30 · consolidated
340
46
37
5.52
10.8%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+5.0%
Versus 200-day average+0.1%
Below 52-week high-17.3%
Above 52-week low+18.0%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)75.0
Higher closes in last 52 of 5
Six-month return−5.60%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.59%
Volume versus 20-day0.6x
Median daily turnoverRs 17.3 cr
Peers
Capital Goods · 107 classified companies
TEGA trades at 1563.7× trailing earnings against an industry median of 52.1× across 102 other classified companies in its industry — more expensive than them, by 2901%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
Session
Scans
Which
2026-08-21
2
Profit falling while the price holds up, Profit that turns into cash