Tega Industries Q1FY26 Results: Consolidated Net Profit at ₹353.35 Mn, Revenue Rises 4.7% YoY

Kolkata, August 5, 2025 – Tega Industries Ltd (NSE: TEGA, BSE: 543413), a global leader in specialized mining and material handling solutions, delivered a steady performance in the first quarter of FY26. While operational revenue saw moderate year-over-year growth, profitability softened slightly amid shifting market dynamics.

The company’s Q1FY26 financial results were reviewed and approved by the Board of Directors at its meeting held on August 5, 2025.

Key Consolidated Financials 

In Q1FY26, the company reported ₹3,560.92 million in revenue and ₹353.35 million in net profit, with an EPS of ₹5.31. While revenue rose modestly YoY, profit declined slightly from ₹367.44 million in Q1FY25. Compared to Q4FY25’s strong performance, both revenue and profit saw a sharp QoQ decline, indicating a soft start to FY26.

Segment-Wise Performance

In Q1FY26, the Consumables segment saw a 3.5% YoY decline in revenue to ₹2,940.23 million, while the Equipment segment posted a robust 78.4% growth to ₹643.18 million. Combined segmental revenue reached ₹3,583.41 million, reflecting a 5.2% YoY increase. After inter-segment adjustments, total operating revenue stood at ₹3,560.92 million for the quarter.

Geographic Revenue Mix

• India: ₹869.10 million (up from ₹556.25 million in Q1FY25)
• Outside India: ₹2,691.82 million (up from ₹2,843.51 million in Q1FY25)

The revenue of the Indian markets grew sharply by 56.2% YoY, while exports saw a marginal decline.

Standalone Performance

On a standalone basis, Tega Industries generated revenue of ₹167,595 in Q1FY26, compared to ₹236,651 in the same quarter of the previous FY. The net profit was ₹383.89 million, which is a decline compared to the prior quarter (i.e., ₹508.18 million in Q1FY25)—the Earnings Per Share (EPS) of 5.77, down from 7.64 over the last year.

Management Commentary

Mehul Mohanka, Managing Director and Group CEO, stated, “Despite inflationary pressures and a high base, we have maintained operational resilience. The equipment business saw strong growth driven by McNally Minerals, and our India business posted over 50% revenue growth. We continue to focus on cost rationalization and global market penetration.”

Strategic Outlook

The company reaffirmed its two-segment operating structure-Consumables and Equipment serving global mining, beneficiation, and bulk solids handling markets. Tega aims to deepen its presence in Latin America, Africa, and Southeast Asia, while expanding high-margin OEM offerings via subsidiaries like Tega McNally.

Tega Industries Ltd Share Price Performance

As of 5 August 2025, the share price of Tega Industries Ltd closed at ₹1861.50. The share declined by 2.23% compared to its previous close of ₹1,904.00. The low-high range remained between ₹1816 and ₹1929. Despite today’s fall in the share price, it has rallied close to 44% in the past three months. The company has a P/E ratio of 63.33, quite close to the industrial average of 59.14.

REF:https://nsearchives.nseindia.com/corporate/TEGA_05082025144030_SE_Intimation_Outcome_of_Board_Meeting_sd.pdf

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