Please find enclosed herewith Audited Financial Results for the Financial Year ended on March 31, 2026.
TEGA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tega Industries reported standalone revenue of ₹7,494.12 million for FY26, down from ₹8,950.96 million in FY25, a decline of about 16%. Standalone PAT fell to ₹1,554.17 million from ₹1,759.24 million. On a consolidated basis, revenue grew marginally to ₹16,919.36 million from ₹16,386.51 million, but consolidated PAT declined sharply to ₹1,425.53 million from ₹2,001.20 million — a ~29% drop. The company raised ₹17,030 million through a preferential equity issue in November 2025, significantly increasing its equity base. Auditors Walker Chandiok & Co LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The company is in the process of acquiring the MolyCop Group and has incurred ₹775.77 million in related expenses. The board recommended a final dividend of ₹2 per share (20%) subject to shareholder approval at the September 2026 AGM.
Revenue decline on standalone basis and a significant ~29% PAT decline on consolidated basis are red flags for investors. The large equity raise dilutes earnings per share, which fell from ₹30.08 to ₹20.54 on consolidated basis. The pending MolyCop acquisition adds execution risk and large upfront costs.