Tega Industries Limited, a prominent player in the mining and mineral processing industry, has announced the establishment of a new wholly-owned subsidiary, Tega MC Investment Pte. Ltd., in Singapore. This strategic move, effective from November 18, 2025, marks a significant step in the company's corporate restructuring efforts.

Key Details of the New Subsidiary

Purpose and Implications

The primary objective behind the creation of Tega MC Investment Pte. Ltd. is to facilitate investments in various businesses, including subsidiaries and joint ventures. This move suggests that Tega Industries is looking to expand its portfolio and potentially explore new business opportunities through this investment arm.

Financial Implications

As a newly incorporated entity, Tega MC Investment Pte. Ltd. is yet to commence business operations and currently has no turnover. The initial stated capital of USD 100 indicates a modest starting point, with the potential for further capitalization as investment opportunities arise.

Corporate Governance and Compliance

Tega Industries has duly informed the stock exchanges about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and the market are kept informed about significant corporate actions.

Outlook

The establishment of an investment arm in Singapore, a major financial hub, could potentially open up new avenues for growth and diversification for Tega Industries. Stakeholders will likely be keen to observe how this new entity contributes to the company's strategic objectives in the coming years.

As the situation develops, more details about Tega MC Investment Pte. Ltd.'s investment strategy and target sectors may emerge, providing clearer insights into Tega Industries' long-term vision and expansion plans.

Tega Industries Limited , a global leader in specialized critical-to-operate and recurring consumable products for the mineral beneficiation, mining, and bulk solids handling industry, has reported robust financial results for the second quarter of fiscal year 2026.

Key Financial Highlights

Tega Industries has demonstrated a remarkable performance in the second quarter of FY26, with significant growth across all key financial metrics. The company's revenue from operations increased by 14.7% year-over-year to 4,053.54 million rupees, up from 3,533.00 million rupees in the same quarter last year.

Profitability Surge

The company's profitability saw a substantial improvement, with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rising to 849.36 million rupees, compared to 478.38 million rupees in Q2 FY25. This represents a significant 77.5% increase year-over-year.

Most notably, Tega Industries' net profit for the quarter surged to 449.39 million rupees, a dramatic 522.5% increase from 72.19 million rupees in the corresponding quarter of the previous fiscal year. This exceptional growth in net profit underscores the company's improved operational efficiency and strong market position.

Margin Expansion

The company's EBITDA margin expanded significantly to 20% in Q2 FY26, up from 13% in the same period last year, indicating improved operational efficiency and cost management.

Segment Performance

Tega Industries operates in two manufacturing segments: Consumables and Equipment. The Consumables segment continued to be the primary revenue driver, contributing 3,388.59 million rupees to the total revenue, while the Equipment segment added 707.14 million rupees.

Geographical Diversity

The company's global presence remains strong, with revenue from operations outside India accounting for 3,126.12 million rupees, while domestic operations contributed 927.42 million rupees.

Balance Sheet Strength

As of September 30, 2025, Tega Industries maintained a robust balance sheet with total assets of 21,498.77 million rupees. The company's strong financial position is further evidenced by its cash and cash equivalents of 1,139.13 million rupees.

Tega Industries' impressive Q2 FY26 performance demonstrates its resilience and ability to capitalize on market opportunities. The significant growth in revenue and profitability, coupled with margin expansion, positions the company well for sustained growth in the coming quarters.