# Tega Industries (TEGA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/tega

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,688.9
- Change: -2.33%
- As of: 2026-11-06
- 1D return: -2.33%
- 5D return: +0.34%
- 1M return: -13.75%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

TEGA’s daily technical structure is bearish as of 2026-11-06, with the price at ₹1688.9 trading below all key moving averages and the Supertrend indicator. The stock experienced an extreme downward gap on this date (-2.3%, z-score -7.86), following a high-volume decline on 2026-11-05 where volume was 4.12 times the average. Trend strength is weak across all timeframes (Daily ADX 19.17, Weekly ADX 14.5, Monthly ADX 17.92). Despite the short-term weakness, the monthly and weekly Supertrends remain bullish, creating a conflicting signal where longer-term momentum has not yet confirmed the daily breakdown. Price is positioned near the lower end of its 20-day (+21.2%) and 50-day (+23.3%) ranges. Immediate support lies at ₹1680.1 (0.52% below) and ₹1625.47 (3.76% below), while resistance is clustered at ₹1730.95 (2.49% above) and ₹1748.73 (3.54% above). The stock is currently in a -20.7% drawdown from its available high.

- Daily trend is bearish: Price trades below EMA/SMA 20/50/200 and Supertrend; ADX 19.17 indicates weak trend conviction.
- Recent volatility spike: Extreme downward gap on 2026-11-06 (-2.3%) followed by high-volume selling on 2026-11-05 (volume ratio 4.12).
- Timeframe conflict: While daily indicators are bearish, monthly and weekly Supertrends remain bullish, suggesting potential for mean reversion or consolidation.
- Key levels to monitor: Support at ₹1680.1 and ₹1625.47; Resistance at ₹1730.95 and ₹1748.73.

- Outside Bar
- Shooting Star
- Doji
- Harami

### News Context

Tega Industries reported a net loss of ₹47.4 crore for Q2 FY27, driven by one-time acquisition expenses of ₹66.6 crore following the June 1, 2026 buyout of the Molycop Group. Despite the loss, revenue from operations surged to ₹4,254 crore from ₹405 crore in the prior year period. EBITDA margin contracted to 11.5% from 17%. The company's shares fell 8.86% on the NSE as it consolidated its position across three manufacturing segments serving global mining and mineral beneficiation industries.

- Q2 FY27 net loss of ₹47.4 crore attributable to owners, primarily due to ₹66.6 crore one-time acquisition expenses from the Molycop Group buyout completed on June 1, 2026.
- Revenue from operations increased significantly to ₹4,254 crore compared to ₹405 crore in the prior year period.
- EBITDA margin decreased to 11.5% from 17% in the previous year.
- Shares declined 8.86% on the NSE amid consolidation across three manufacturing segments targeting global mining and mineral beneficiation markets.

- [Tega Industries Q2 results: Net loss at ₹47.4 crore, revenue jumps to ₹4,254 crore](https://www.cnbctv18.com/market/earnings/tega-industries-q2-results-net-loss-at-rs47-4-crore-revenue-jumps-to-rs4254-crore-20028100.htm)

### What Changed

Tega Industries reported Q2 FY27 results on November 5, 2026, marked by a significant structural shift following the June 1, 2026 acquisition of the Molycop Group. Revenue from operations surged to ₹4,254 crore in Q2, up sharply from ₹405 crore in the prior year period, driven by consolidation. However, the company posted a net loss of ₹47.4 crore, primarily due to one-time acquisition expenses of ₹66.6 crore. Adjusted EBITDA margin contracted to 11.5% from 17% in the prior year. On the NSE, shares fell 8.86%, closing at ₹1,688.90 on November 6, down from ₹1,729.20 previously. The order book excluding grinding media grew 21% YoY to ₹13,976 Mn, while Grinding Media volume reached 415.6 KT.

- Q2 FY27 revenue jumped to ₹4,254 crore (from ₹405 crore YoY) post-Molycop acquisition, but net loss widened to ₹47.4 crore due to ₹66.6 crore one-time acquisition costs.
- EBITDA margin declined to 11.5% from 17% YoY; Equipment business revenue saw a YoY decline of INR 378 Mn.
- Order book excluding grinding media rose 21% YoY to ₹13,976 Mn; Grinding Media volume stood at 415.6 KT.
- Stock price fell 8.86% to close at ₹1,688.90 on November 6, 2026, after opening at ₹1,729.20.

- [Tega Industries Q2 results: Net loss at ₹47.4 crore, revenue jumps to ₹4,254 crore](https://www.cnbctv18.com/market/earnings/tega-industries-q2-results-net-loss-at-rs47-4-crore-revenue-jumps-to-rs4254-crore-20028100.htm)
- [Tega Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TEGA_06112026120430_Intimation_of_newspaper_publication_sd.pdf)
- [Tega Industries Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TEGA_05112026160744_Intimation_of_Investor_ppt_sd.pdf)
- [Tega Industries Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEGA_05112026195446_Intimation_of_Audio_Recording_sb.pdf)

### Official Filings

Tega Industries Limited has disclosed its unaudited financial results for the half-year ended September 30, 2026, following Board approval on November 5, 2026. The consolidated financials reveal a significant divergence between top-line growth and bottom-line performance: while consolidated revenue grew to ₹59,774.77 million, the Group reported a net loss of ₹1,670.26 million. This contrasts with the standalone entity, which posted a profit of ₹431.63 million on revenue of ₹4,932.76 million.

Operational data from the investor presentation highlights that Grinding Media (Molycop) volumes reached 415.6 KT, contributing to an Adjusted EBITDA margin of 14% (₹8,720 Mn) on total Group revenue of ₹60,356 Mn. However, the Equipment business experienced a year-on-year revenue decline of ₹378 Mn. Despite this, the order book excluding grinding media expanded by 21% year-on-year to ₹13,976 Mn, indicating sustained demand in non-grinding segments. The Molycop acquisition, completed on June 1, 2026, is now reflected in these consolidated figures. Statutory auditors Walker Chandiok & Co LLP issued unmodified limited-review reports on the results.

- Consolidated H1 FY27 revenue was ₹59,774.77 million, but the Group recorded a net loss of ₹1,670.26 million, contrasting with a standalone profit of ₹431.63 million.
- Grinding Media (Molycop) volume stood at 415.6 KT, supporting a Group Adjusted EBITDA margin of 14% (₹8,720 Mn).
- The Equipment business saw a YoY revenue decline of ₹378 Mn, while the order book excluding grinding media grew 21% YoY to ₹13,976 Mn.
- The Molycop Group acquisition, completed on June 1, 2026, is fully integrated into the current reporting period's financials.

- [Tega Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TEGA_06112026120430_Intimation_of_newspaper_publication_sd.pdf)
- [Tega Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TEGA_05112026145213_Intimation_Outcome_Board_Meeting_sd.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753491_05112026032537_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753493_05112026032625_WEB.xml)
- [Tega Industries Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TEGA_05112026160744_Intimation_of_Investor_ppt_sd.pdf)
- [Tega Industries Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEGA_05112026195446_Intimation_of_Audio_Recording_sb.pdf)
- [Tega Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEGA_30102026131133_Intimation_of_Earnings_Call_sd.pdf)
- [AS ON DATE : 15-Oct-2026 | PR_AND_PRGRP: 67.08 | PUBLIC_VAL: 32.92 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 30-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1749806_30102026032918_WEB.xml)
- [Tega Industries Limited has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19890_WebXMLFile_20261027_134854767.xml)
- [Board Meeting Intimation |Meeting Date: 05-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19890_WebXMLFile_20261027_134854767.xml)

### Fundamentals

Tega Industries is navigating a significant structural transition marked by massive asset expansion and recent operational losses. In Q2 FY2026-27, revenue surged 147% sequentially to ₹4,254 crore, yet the company reported a net loss of ₹58.8 crore, an improvement from the ₹108 crore loss in Q1. This indicates that while top-line growth is accelerating, profitability remains under pressure as the business scales.

The balance sheet has expanded dramatically, with total assets jumping from ₹2,150 crore to ₹22,707 crore between September 2025 and September 2026, driven largely by non-current assets rising to ₹12,914 crore. Cash reserves strengthened significantly to ₹716 crore, supported by substantial financing inflows observed in Mar 2026 (₹1,690 crore). However, historical efficiency metrics show deterioration: ROCE fell to 8% in Mar 2026, and inventory days increased to 233 days. The most critical earnings quality signal is the TTM interest expense of ₹133 crore against a TTM operating profit of only ₹231 crore, suggesting high leverage costs are currently eroding margins.

Ownership structure shifted notably in Sep 2026, with promoter holding declining to 67.51% as DIIs and FIIs increased their stakes. The immediate checkpoint is whether Q3 results can demonstrate sustained margin recovery and effective working capital management amidst this heavy capex cycle.

- Q2 FY2026-27 revenue grew 147% sequentially to ₹4,254 crore, but net loss narrowed to ₹58.8 crore from ₹108 crore in Q1, indicating scaling challenges persist despite strong sales growth.
- Total assets expanded nearly tenfold to ₹22,707 crore by Sep 2026, with cash reserves rising to ₹716 crore, reflecting a major capital-intensive phase.
- TTM interest expenses (₹133 crore) consume over 57% of TTM operating profit (₹231 crore), highlighting significant leverage costs impacting bottom-line performance.
- Promoter stake diluted to 67.51% in Sep 2026, while institutional holdings (DIIs + FIIs) rose to ~20%, signaling changing investor composition during this transition.

### Bear Case

Tega Industries faces near-term headwinds driven by a significant earnings miss and deteriorating technical momentum. In Q2 FY27, the company reported a net loss of ₹47.4 crore, primarily due to one-time acquisition expenses of ₹66.6 crore following the Molycop Group buyout completed on June 1, 2026. While revenue expanded sharply to ₹4,254 crore from ₹405 crore in the prior year period, profitability metrics weakened, with EBITDA margins contracting from 17% to 11.5%. This operational pressure coincided with an 8.86% share price decline on the NSE.

Technically, the stock exhibits bearish signals on daily timeframes, with the Supertrend direction turning negative and the 20-day EMA slope showing a steep decline of -42.11. The stock has underperformed significantly over longer horizons, posting a year-to-date return of -13.4% and a one-month return of -19.3%. Current volatility is elevated, with annualized volatility at +38.2% and a current drawdown of -20.7%, indicating substantial recent selling pressure. Although monthly trends remain bullish, the immediate market setup reflects caution as investors digest the impact of consolidation costs and margin compression.

- Q2 FY27 net loss of ₹47.4 crore driven by ₹66.6 crore one-time acquisition expenses post-Molycop buyout (June 1, 2026).
- EBITDA margin contraction from 17% to 11.5% despite revenue surge to ₹4,254 crore from ₹405 crore YoY.
- Daily technical trend is bearish with Supertrend reversal and sharp negative slope in 20-day EMA (-42.11).
- Significant underperformance with YTD return of -13.4%, 1-month return of -19.3%, and current drawdown of -20.7%.

- [Tega Industries Q2 results: Net loss at ₹47.4 crore, revenue jumps to ₹4,254 crore](https://www.cnbctv18.com/market/earnings/tega-industries-q2-results-net-loss-at-rs47-4-crore-revenue-jumps-to-rs4254-crore-20028100.htm)
- [Tega Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TEGA_06112026120430_Intimation_of_newspaper_publication_sd.pdf)
- [Tega Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TEGA_05112026145213_Intimation_Outcome_Board_Meeting_sd.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753491_05112026032537_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753493_05112026032625_WEB.xml)
- [Tega Industries Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TEGA_05112026160744_Intimation_of_Investor_ppt_sd.pdf)
- [Tega Industries Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEGA_05112026195446_Intimation_of_Audio_Recording_sb.pdf)
- [Tega Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEGA_30102026131133_Intimation_of_Earnings_Call_sd.pdf)
- [AS ON DATE : 15-Oct-2026 | PR_AND_PRGRP: 67.08 | PUBLIC_VAL: 32.92 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 30-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1749806_30102026032918_WEB.xml)
- [Tega Industries Limited has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19890_WebXMLFile_20261027_134854767.xml)

### FAQs

**Why did Tega Industries report a net loss despite a massive revenue jump in Q2 FY27?**

Tega reported a consolidated net loss of ₹1,670.26 million for H1 FY27, driven by one-time acquisition expenses of ₹66.6 crore in Q2 following the June 1, 2026 buyout of Molycop Group. While revenue surged to ₹4,254 crore in Q2 (up from ₹405 crore YoY), EBITDA margin contracted to 11.5% from 17%. The standalone business remained profitable with ₹431.63 million profit.

**What is the current status of Tega's order book and Grinding Media volumes?**

As of H1 FY27, the order book excluding grinding media stood at ₹13,976 million, up 21% year-on-year. Grinding Media volume reached 415.6 KT. However, the Equipment business saw a year-on-year revenue decline of ₹378 million, indicating mixed operational performance across segments.

**How has Tega's stock price performed recently, and what are key technical levels?**

The stock closed at ₹1,688.90 on November 6, 2026, down 8.86% following results. It has declined 19.3% over the past month and is currently 20.7% below its recent peak. Key support lies near ₹1,680, while resistance is observed at ₹1,730.95. Daily trends show bearish momentum, though monthly indicators remain bullish.

- [Tega Industries Q2 results: Net loss at ₹47.4 crore, revenue jumps to ₹4,254 crore](https://www.cnbctv18.com/market/earnings/tega-industries-q2-results-net-loss-at-rs47-4-crore-revenue-jumps-to-rs4254-crore-20028100.htm)
- [Tega Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/TEGA_06112026120430_Intimation_of_newspaper_publication_sd.pdf)
- [Tega Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/TEGA_05112026145213_Intimation_Outcome_Board_Meeting_sd.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753491_05112026032537_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753493_05112026032625_WEB.xml)
- [Tega Industries Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/TEGA_05112026160744_Intimation_of_Investor_ppt_sd.pdf)
- [Tega Industries Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEGA_05112026195446_Intimation_of_Audio_Recording_sb.pdf)
- [Tega Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/TEGA_30102026131133_Intimation_of_Earnings_Call_sd.pdf)
- [AS ON DATE : 15-Oct-2026 | PR_AND_PRGRP: 67.08 | PUBLIC_VAL: 32.92 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 30-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1749806_30102026032918_WEB.xml)
- [Tega Industries Limited has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19890_WebXMLFile_20261027_134854767.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,748.73
- Risk regime: Price Risk Requires Attention

### Support levels
- 1680.1
- 1618.9
- 1563.1375

### Resistance levels
- 1730.9499999999998
- 1778.225
- 1901.4953125

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -2.33% |
| return_10 | -2.01% |
| return_1m | -19.29% |
| return_1y | -11.57% |
| return_20 | -13.75% |
| return_3m | +6.67% |
| return_5 | +0.34% |
| return_6m | +1.86% |
| return_since_start | +8.57% |
| return_ytd | -13.38% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -29.94% |
| annualized_volatility | +38.21% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Tega Industries Limited Q2 FY2026-27: Revenue up 949% year on year

Revenue from operations rose to ₹4,254 crore in the quarter ended 30 September 2026, up 147% sequentially and 949% year on year. Profit before tax was ₹69 crore, compared with a loss in the previous quarter and profit of ₹56 crore a year earlier, while the company reported a net loss of ₹59 crore.

## Revenue growth and pre-tax profit

Revenue from operations increased from ₹1,723 crore in Q1 FY2026-27 and ₹405 crore in Q2 FY2025-26. Total expenses were ₹4,225 crore, up from ₹1,858 crore in Q1. They included ₹2,414 crore of materials consumed, ₹387 crore of employee benefit expense and ₹169 crore of depreciation and amortisation.

Profit before tax was ₹69 crore, against a loss of ₹117 crore in Q1 FY2026-27 and profit of ₹56 crore in Q2 FY2025-26. Segment profit before tax was ₹73 crore, compared with a loss of ₹116 crore in the previous quarter and profit of ₹59 crore a year earlier.

## Finance costs and net loss

Finance costs rose to ₹292 crore from ₹117 crore in Q1 FY2026-27. The tax expense was ₹132 crore, compared with a tax credit of ₹8 crore in the previous quarter. Loss from continuing operations was ₹62 crore and total loss for the period was ₹59 crore, including a loss of ₹47 crore attributable to owners of the parent and ₹11 crore attributable to non-controlling interests.

Other comprehensive income was ₹29 crore, bringing total comprehensive loss to ₹30 crore. Earnings per share was a loss of ₹6.32, narrower than the ₹11.47 loss in Q1 FY2026-27.

## Cash flow and liquidity

Operating activities generated ₹713 crore, while investing activities used ₹4,971 crore; free cash flow was negative ₹4,258 crore. Financing activities provided ₹3,770 crore. At 30 September 2026, cash and cash equivalents were ₹716 crore and other bank balances were ₹202 crore, compared with ₹1,164 crore and ₹959 crore, respectively, at 31 March 2026.

## Balance sheet and working capital

Total assets stood at ₹22,707 crore at 30 September 2026, up from ₹4,315 crore at 31 March 2026. The closing balance included goodwill of ₹5,133 crore, other intangible assets of ₹3,480 crore and property, plant and equipment of ₹3,345 crore.

Non-current borrowings were ₹11,035 crore, compared with ₹128 crore at March-end; current borrowings were ₹458 crore. Inventories were ₹5,543 crore, trade receivables ₹2,559 crore and trade payables ₹4,778 crore, against ₹437 crore, ₹452 crore and ₹334 crore, respectively, at 31 March 2026. Equity totalled ₹3,388 crore, including ₹3,202 crore attributable to owners of the parent, and current liabilities were ₹6,390 crore.

## Key Takeaway

Q2 combined a sharp increase in revenue with a return to pre-tax profit and higher pre-tax earnings than a year earlier. The company nevertheless remained loss-making after tax, while negative free cash flow and much larger borrowings and working-capital balances are significant features of its expanded balance sheet.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +67.50%
- FII holding: +2.80%
- DII holding: +18.68%
- Mutual fund holding: +14.35%
- Retail holding: +4.52%
- Promoter pledged: +0.00%

### Major reported shareholders

- Nihal Fiscal Services Private Limited — +49.88% (Bodies Corporate)
- M M Business Trust — +9.69% (Trusts)
- Madan Mohan Mohanka — +7.32%
- Tata Mutual Fund - Tata Small Cap Fund — +5.58%
- Hdfc Small Cap Fund — +5.47%
- Tata Aia Life Insurance Company Ltd - Non Unit Linked Life Policy Holders Fund Participating — +2.97%
- Icici Prudential Equity & Debt Fund — +1.22%
- Mehul Mohanka — +0.28%
- Manju Mohanka — +0.13%
- Manish Mohanka Benefit Trust — +0.13% (Trusts)

## Official filings

- 2026-11-06 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_06112026120430_Intimation_of_newspaper_publication_sd.pdf)
- 2026-11-05 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_05112026145213_Intimation_Outcome_Board_Meeting_sd.pdf)
- 2026-11-05 — Financial Results Filing: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753491_05112026032537_WEB.xml)
- 2026-11-05 — Financial Results Filing: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753493_05112026032625_WEB.xml)
- 2026-11-05 — Earnings Presentation: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_05112026160744_Intimation_of_Investor_ppt_sd.pdf)
- 2026-11-05 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_05112026195446_Intimation_of_Audio_Recording_sb.pdf)
- 2026-10-30 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_30102026131133_Intimation_of_Earnings_Call_sd.pdf)
- 2026-10-30 — Shareholding Disclosure: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1749806_30102026032918_WEB.xml)
- 2026-10-27 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19890_WebXMLFile_20261027_134854767.xml)
- 2026-10-27 — Board Meeting Notice: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19890_WebXMLFile_20261027_134854767.xml)
- 2026-10-27 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19890_WebXMLFile_20261027_135636668.xml)
- 2026-10-27 — Board Meeting Notice: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_19890_WebXMLFile_20261027_135636668.xml)
- 2026-10-27 — Board Meeting Notice: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_27102026135503_Prior_Intimation_of_Board_Meeting_sd.pdf)
- 2026-10-16 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_16102026180802_Intimation_of_Stat_Auditor_Cert_sd.pdf)
- 2026-10-16 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_16102026180956_Intimation_pursuant_Reg_30_material_subsidiary_sd.pdf)
- 2026-10-15 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_15102026105407_Initmation_for_allotment_shares_sd.pdf)
- 2026-10-15 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_19890_WebXMLFile_20261015_134816190.xml)
- 2026-10-08 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_19890_WebXMLFile_20261008_120130595.xml)
- 2026-10-07 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_07102026164005_Intimation_under_Reg_74_complied_sd.pdf)
- 2026-10-06 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_06102026191055_Intimation_Of_In_principle_approval_sd.pdf)
- 2026-09-28 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_28092026112631_Intimation_of_Trading_Window_Closure_sd.pdf)
- 2026-09-28 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_19890_WebXMLFile_20260928_113247456.xml)
- 2026-09-25 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_25092026184625_Intimation_of_Results_sd.pdf)
- 2026-09-24 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_24092026170816_Intimation_outcome_of_AGM_sd.pdf)
- 2026-09-23 — Generic Announcement: Tega Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/TEGA_23092026135844_Intimation_of_Postal_Ballot_Result_sd.pdf)

## News and market events

- 2026-11-05 — CNBC-TV18: **Tega Industries Q2 results: Net loss at ₹47.4 crore, revenue jumps to ₹4,254 crore** — Tega Industries reported a Q2 FY27 net loss of ₹47.4 crore attributable to owners, driven by one-time acquisition expenses of ₹66.6 crore following the June 1, 2026 buyout of the Molycop Group. Despite the loss, revenue from operations surged to ₹4,254 crore from ₹405 crore in the prior year period, while EBITDA margin contracted to 11.5% from 17%. The company's shares fell 8.86% on the NSE as it consolidated its position across three manufacturing segments serving global mining and mineral beneficiation industries. — [Source](https://www.cnbctv18.com/market/earnings/tega-industries-q2-results-net-loss-at-rs47-4-crore-revenue-jumps-to-rs4254-crore-20028100.htm)
- 2026-09-30 — Mint: **Tega Industries shares jump 6% | What’s driving the stock’s 30% monthly rally?** — Tega Industries shares rose over 6% on September 30 amid a market rebound. The stock hit an intraday high of ₹2,197.50, reflecting a 29.94% increase in one month. Analysts predict positive momentum and support at ₹2,060– ₹2,050, as the company focuses on debt reduction and growth. — [Source](https://www.livemint.com/market/stock-market-news/tega-industries-shares-jump-6-what-s-driving-the-stock-s-30-monthly-rally-11790744547404.html)
- 2026-09-23 — The Hindu: **Stock Market Today Highlights, Sept 23: Nifty closes at 23,446, gains 118 points, Sensex ends at 74,828 on stronger domestic growth momentum** — Sensex Today, Nifty 50 | Stock Market Highlights - Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 23 September 2026 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-highlights-23rd-september-2026/article71495500.ece)
- 2026-09-21 — CNBC-TV18: **Sensex jumps 564 points, Nifty ends above 23,400: 5 reasons behind today's market rally** — The Sensex rose 564 points to 74,859, while the Nifty Bank gained 112 points to 56,471. The Nifty Midcap index, however, fell 178 points to 62,013. — [Source](https://www.cnbctv18.com/market/sensex-jumps-564-points-nifty-ends-above-23400-5-reasons-behind-todays-market-rally-19994934.htm)
- 2026-09-21 — BUSINESS: **Tega Industries jumps as Tega McNally bags Rs 126 crore order** — Tega Industries jumped 6.78% to Rs 2,077 after its wholly owned material subsidiary, Tega McNally Minerals, secured a domestic contract worth Rs 126 crore from Kalpataru Projects International. — [Source](https://www.business-standard.com/markets/capital-market-news/tega-industries-jumps-as-tega-mcnally-bags-rs-126-crore-order-126092100206_1.html)
- 2026-09-17 — BUSINESS: **Volumes soar at India Cements Ltd counter** — India Cements Ltd recorded volume of 12.54 lakh shares by 14:14 IST on NSE, a 26.47 times surge over two-week average daily volume of 47358 shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-soar-at-india-cements-ltd-counter-126091700777_1.html)
- 2026-09-17 — BUSINESS: **Syrma SGS Technology Ltd leads gainers in 'A' group** — Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Yatharth Hospital & Trauma Care Services Ltd, Tega Industries Ltd and HBL Engineering Ltd are among the other gainers in the BSE's 'A' group today, 17 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/syrma-sgs-technology-ltd-leads-gainers-in-a-group-126091700387_1.html)
- 2026-09-10 — CNBC-TV18: **IRB Infra, Ola Electric lead Nifty 500 gainers; HEG, Craftsman Automation fall at market open** — Monthly toll revenue data was among the reasons that moved a stock over 5% on the Nifty 500 at market open, while one stock extending its decline toward a fresh 52-week low — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/stocks/irb-infrastructure-ola-electric-nifty-500-gainers-heg-craftsman-automation-sai-life-sciences-share-price-19988093.htm)
- 2026-08-24 — CNBC-TV18: **Tega Industries sees Molycop driving growth as it works to cut debt** — Tega Industries plans to bring its net debt down to around three times EBITDA over the next four to five years while Apollo Global has invested ₹95 crore through a preferential issue at a premium to the market price. The company expects the Molycop acquisition to become EPS accretive in FY27 and deliver synergy benefits over the next two years. — [Source](https://www.cnbctv18.com/business/companies/tega-industries-sees-molycop-driving-growth-as-it-works-to-cut-debt-19975631.htm)
- 2026-08-13 — CNBC-TV18: **Tega Industries Q1 reports ₹86 crore loss as Molycop acquisition costs hit profit** — Shares of Tega Industries Ltd ended at ₹1,662.00, down by ₹35.30, or 2.17%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/tega-industries-share-price-q1-reports-rs-86-crore-loss-as-molycop-acquisition-costs-hit-profit-19968737.htm)
- 2026-08-13 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty falls to 24,350 again; Hindalco down 3%** — Sensex Today | Stock Market LIVE Updates: We are in the second half of this Sensex weekly expiry session, and the markets are under pressure again, as the Nifty index falls close to 50 points, falling below 24,350. The Nifty bank index is taking a heavier blow, down over 300 points. Grasim, Ultratech and Hindalco are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-expiry-today-nifty-50-msci-gcpl-lg-tata-motors-lenskart-laurus-adani-ashok-leyland-share-price-liveblog-19968111.htm)
- 2026-07-21 — Economic Times: **MTAR Technologies falls 5%, extends 4-day slide to 20%** — MTAR Technologies shares hit the 5% lower circuit for a fourth straight session on Tuesday, taking their four-day decline to nearly 20% and one-month loss to 31%. The sell-off came as promoter and mutual fund holdings declined in the June quarter. However, foreign institutional investors raised their stake to 24.80% from 17.31%, signalling stronger overseas participation. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/mtar-technologies-falls-5-extends-4-day-slide-to-20/articleshow/132528710.cms)

## Business profile

**Strategic vision:** Designs and manufactures critical consumables for global mining and processing industries.

### Business segments
- **Mining, Mineral Processing, and Material Handling Consumables:** Supplies high-performance consumables essential for the continuous operation of mineral processing and material handling equipment, ensuring efficiency and reliability in demanding industrial environments.

### Competitive strengths
- Global operational footprint with multiple manufacturing facilities across continents.
- Extensive customer base spanning 92 countries.
- Focus on specialized, critical-to-operate consumables for demanding industrial environments.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/tega
Markdown representation: https://faxioms.com/stocks/tega?render=md