Please find enclosed herewith the Audited Financial Results for the FY ended on March 31, 2026.
TEGA · price
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Tega Industries reported standalone revenue of ₹7,494 million for FY26, down 16.3% from ₹8,951 million in FY25. Consolidated revenue grew marginally to ₹16,919 million from ₹16,387 million. However, profitability declined significantly with consolidated PAT dropping 28.8% to ₹1,426 million from ₹2,001 million. The company completed a major preferential equity issue of 8.59 million shares at ₹1,994 each, raising ₹17,030 million. It also recognized ₹776 million in acquisition-related expenses for the pending MolyCop Group purchase. Auditors issued an unmodified (clean) opinion. The board recommended a dividend of ₹2 per share (20%).
Revenue and profit declines are concerning despite the large capital raise. The MolyCop acquisition expenses and higher debt levels from the equity raise may weigh on near-term returns. However, the clean audit opinion and dividend signal management confidence.