The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Tega Industries Limited is an India-based company, which designs and manufactures consumables for the mining, mineral processing, and material handling industries. The Company operates through two segments: Consumables and Equipments. Consumables is engaged in the…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection.
Tega Industries is scored on the general / industrial framework. It keeps a slim 8.0% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.46× reported profit. Free cash flow is worth about -5.1% of its market value.
Over the last 3 years revenue compounded at 13%/yr and profit at -8%/yr. Book value itself has compounded 48%/yr — the hallmark of a genuine compounder. Return on equity is a weak -3.3%. In the latest quarter profit fell 354% versus the prior quarter.
At 82× earnings, the stock sits at the 91st percentile of its own 3.6-year range — the expensive end of where it has historically traded. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | -121.88 | — | — |
| P/B | 3.87 | 5.05 | better |
| EV/EBITDA | 14.81 | 12.75 | worse |
| ROE | -3.27 | 10.19 | worse |
| ROCE | 3.03 | 12.02 | worse |
| ROA | -0.46 | 4.74 | worse |
| Quick Ratio | 4.11 | 3.69 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Cummins India | 49.9 | 13.5 | 27.1% |
| Welspun Corp | 24.6 | 5.5 | 22.3% |
| Indo-mim | 109.9 | 21.2 | 23.4% |
Revenue has grown every year across all 4 financial years shown. 13% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. Revenue is outpacing profit (13% vs -8%) — costs are rising faster than the top line.
Operating margin has compressed from 19% to 11% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 4% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 13pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -10% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.5× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 209% sequentially — momentum is building. Wide quarterly swings (76% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 175% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 354% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (11% → -6%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 67.1% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.