This small-cap inventory is engaged within the designing and manufacturing of critical-to-operate consumables for the mining, mineral processing, and materials dealing with industries, skyrockets 13.20 p.c after reporting sturdy December quarterly outcomes with a web revenue improve of 651.39 p.c QoQ.
Inventory Value Motion
In Wednesday’s buying and selling session, Tega Industries Restricted’s share reached an intraday excessive of Rs. 1,733.65 per fairness share, rising 13.20 p.c from its earlier day’s shut worth of Rs. 1,531.45. The inventory opened at Rs. 1,548.45 and is at present buying and selling at Rs. 1,635.30. The market capitalization now stands at roughly Rs. 10,880.55 crore.
Q3 FY25 Consequence Walkthrough
Coming into the quarterly outcomes of Tega Industries Restricted, the corporate’s consolidated income from operations elevated by 20.30 p.c YOY, from Rs. 340.20 crore in Q3 FY24 to Rs. 409.27 crore in Q3 FY25, and grew by 15.84 p.c QoQ from Rs. 353.30 crore in Q2 FY25.
The corporate generated section income of 86.67 p.c (Rs. 355.64 crores) from consumables and 13.33 p.c (Rs. 54.71 crores) from tools in Q3 FY25.
In Q3 FY25, Tega Industries Restricted’s consolidated web revenue elevated by 52.30 p.c YOY, reaching Rs. 54.25 crore in comparison with Rs. 35.62 crore throughout the identical interval final yr. As in comparison with Q2 FY25, the web revenue has elevated by 651.39 p.c, from Rs. 7.22 crore.
The fundamental earnings per share elevated by 52.05 p.c and stood at Rs 8.15 as in opposition to Rs 5.36 recorded in the identical quarter within the earlier yr 2024.
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Merchandise providing
The corporate gives a variety of business merchandise throughout two divisions. The primary division supplies mill liners, hydrocyclones, screens, trommels, and conveyor merchandise, together with plant audits and upkeep companies.
Moreover, the second division, Tega McNally Minerals, focuses on heavy tools like crushers, thickeners, centrifuges, flotation cells, and sand-washing crops, specializing in mineral processing and materials dealing with.
World presence and manufacturing capabilities
The corporate has a powerful international presence with operations in Chile (2011), South Africa (2006), and Australia (2010), specializing in mill liners, screens, and chute liners. Domestically, they function three amenities in Dahej (Gujarat), Kolkata (West Bengal), and Kalyani (West Bengal), specializing in mill liners, put on merchandise, hydrocyclones, and conveyor methods.
Tega McNally Minerals has 4 extra items throughout Vadodara, Bangalore, Asansol, and Kumardubi, producing crushers, thickeners, flotation cells, and mills. This in depth community helps each international and home markets effectively.
Enterprise Operations
Tega Industries Restricted operates 10 manufacturing crops and three R&D amenities, using over 1,059 individuals. It has a powerful presence in additional than 92 nations and serves over 700 prospects worldwide. With 4 profitable acquisitions, the corporate continues to increase its attain and strengthen its place within the international market.
Written By – Nikhil Naik
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