Capital GoodsMid capRs 12,934 crRs 29.1 cr traded a day
Close on 10 September 2026
1,721.60
+2.58%
52-week range47% of the way up
1,477.402,001.60
Market cap
12,934 cr
P/E (TTM)
1,544.4×
industry 48×
EPS (TTM)
1.11
Revenue YoY
+406.9%
Q1 FY27
Profit YoY
-394.6%
Net margin
-6.3%
-17.1pt vs a year ago
Growth trend
+403.0pt
vs last quarter’s YoY
1 month
+5.7%
Below 52w high
16.3%
RSI (14)
48
Daily swing
3.9%
average true range
Volume
3.5×
vs 20-day average
Traded
Rs 29 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
Key metrics
each ranked against every stock scanned tonight
Above the 200-day average
Below the median
-0.0%
One-year return
Below the median
-12.7%
Return on capital employed
Bottom of the universe
1.3%
Debt to equity
Around the median
0.09×
Profitable quarters, last four
of the last four reported
3 of 4
Cash conversion
cash from operations against reported profit
4183%
Revenue growth, year on year
latest reported quarter
+406.9%
Below the 52-week high
from the highest close of the year
-14.0%
1 week
+10.87%
1 month
+5.74%
3 months
−3.37%
6 months
+1.59%
1 year
−12.72%
The read
written from the numbers on this page
The evidence is mixed4 supporting, 5 against, 1 worth knowing
Supporting
matches profit that turns into cash, which has beaten the market by +2.73 points over 20 sessions across 9,184 past signals
4 of the scans it matches have a positive measured record
6 independent kinds of evidence agree today, which is uncommon
revenue grew 407% year on year in the quarter ending 30 June 2026
Against
trading 0% below its 200-day average
down 13% over twelve months
1 of the scans it matches has historically underperformed the market
net margin has narrowed from 13.3% to -6.3% across four quarters
priced at 1544× earnings against an industry median of 48× — 3107% above its peers
Worth knowing
the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
What would change this read: a close back above 1,722, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working4
Revenue rose 387.8% year on year, from Rs 353 cr to Rs 1,723 cr.
+387.8%Rs 353 crRs 1,723 cr
Tega Industries holds more cash than borrowings, with Rs 1,164 cr cash against Rs 318 cr borrowings.
Rs 1,164 crRs 318 cr
Operating cash flow was Rs 350 cr against Rs 8 cr of profit over four quarters, 4183% of it.
Rs 350 crRs 8 cr4183%
4 different kinds of evidence point at it tonight, not 4 versions of the same one.
4 families
Needs watching4
Net profit -1599.5% year on year, Rs 7 cr to Rs -108 cr.
-1599.5%Rs 7 crRs -108 cr
Profit growth was -1599.5%, while revenue growth was +387.8%, indicating profit grew slower than revenue.
-1599.5%+387.8%
Net margin moved from 2.0% to -6.3%.
2.0%-6.3%
A warning rule fires on it tonight: lost the 200-day line.
Lost the 200-day line
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 5 of these 6 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
8 of 47 matched on 10 Sep
TEGA matches 8 of the 47 scans today, across 6 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
TEGA reports 3 business segments. The largest is Consumable Grinding Media at 75% of revenue in the quarter ending 30 June 2026.
SegmentRevenueSharevs a year ago
Consumable Grinding Media1,292 cr74.9%—
Consumable Others397 cr23.0%—
Equipment36 cr2.1%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 31 March 2026
Return on equity
0.2%
trailing profit over shareholders’ funds
Return on capital
1.3%
pre-tax profit over equity plus borrowings
Debt to equity
0.09×
318 cr borrowed against 3,407 cr of equity
Net debt
846 cr
cash exceeds borrowings
Cash conversion
4183%
operating cash flow as a share of profit
Receivable days
54
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
479 sessions since 26 September 2024
54×
median 76×
110×
now 99×
TEGA trades at 99× trailing earnings, above its median of 76× over this window — 30% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · Dividend filings were typically +0.16pt vs the market over the next 5 sessions (n=940)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 407% against the same quarter a year earlier
revenue rose in 3 of the last 4 quarters
Going against it
profit dropped 395% year on year
net margin narrowed from 8.1% to -6.3%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
1,723
-117
-108
—
-6.3%
Q4 FY26
31 Mar · consolidated
527
66
43
5.68
8.1%
Q3 FY26
31 Dec · consolidated
404
31
20
2.83
4.9%
Q3 FY25
31 Dec · consolidated
409
70
54
8.15
13.3%
Q2 FY25
30 Sep · consolidated
353
14
7
1.08
2.0%
Q1 FY25
30 Jun · consolidated
340
46
37
5.52
10.8%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+5.9%
Versus 200-day average-0.0%
Below 52-week high-14.0%
Above 52-week low+16.5%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)47.7
Higher closes in last 54 of 5
Six-month return+1.59%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.85%
Volume versus 20-day3.5x
Median daily turnoverRs 29.1 cr
Peers
Capital Goods · 110 classified companies
TEGA trades at 1544.4× trailing earnings against an industry median of 48.2× across 103 other classified companies in its industry — more expensive than them, by 3107%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
Session
Scans
Which
10 Sep
2
MACD just turned positive, Profit that turns into cash
9 Sep
1
Profit that turns into cash
8 Sep
1
Profit that turns into cash
7 Sep
1
Profit that turns into cash
4 Sep
1
Profit that turns into cash
3 Sep
1
Profit that turns into cash
2 Sep
1
Profit that turns into cash
1 Sep
1
Profit that turns into cash
31 Aug
2
Bearish engulfing, Profit that turns into cash
28 Aug
1
Profit that turns into cash
27 Aug
2
MACD just turned negative, Profit that turns into cash