Tega Industries
1,885.60
-11.70(-0.62%)
Market Cap₹12,623.80 Cr
PE Ratio63.14
Company Performance:
1D-0.62%
1M-10.59%
6M+29.79%
1Y+1.34%
5Y+159.71%
View Company Insightsright
More news about Tega Industries
13Sept 25
Tega Industries Unveils Ambitious Rs 4,000 Crore Funding Plan
Tega Industries' board has approved raising up to Rs 4,000 crores through various financial instruments including public issues, preferential allotments, private placements, and QIPs. The board also approved increasing investment and loan limits to Rs 4,000 crores, boosting borrowing power by Rs 2,000 crores, and authorizing charges on company properties for potential borrowings. These measures are subject to shareholder and regulatory approvals.
11Sept 25
Tega Industries to Host Conference Call on Proposed Molycop Acquisition
Tega Industries Limited has scheduled a conference call on September 12, 2025, at 10:00 AM IST to discuss its proposed acquisition of Molycop in consortium with Apollo Funds. The call will feature key executives including the Managing Director & Group CEO and Chief Financial Officer. Participants can join via various international toll-free numbers or a pre-registration link. The acquisition could significantly impact Tega's market position and growth strategies in the mineral beneficiation, mining, and bulk solids handling industry.
10Sept 25
Tega Industries Unveils Ambitious Fundraising and Acquisition Plans
Tega Industries, in consortium with Apollo Global Management affiliates, plans to acquire Molycop for $1.5 billion. The deal combines Tega's polymer mill lining expertise with Molycop's grinding media leadership. Post-acquisition, the consolidated entity is expected to generate $1.73 billion in revenue and $217 million in EBITDA. Tega will own 77% of Molycop. The company is also exploring fundraising options, including equity shares and debt securities issuance. The acquisition aims to create a comprehensive solution provider for mining operations, with presence in over 40 countries and 26 manufacturing sites.
10Sept 25
Tega Industries to Acquire Molycop for $1.5 Billion, Becoming Global Leader in Mining Consumables
Tega Industries Limited plans to acquire Molycop, a global supplier of grinding media, for $1.5 billion. The deal, led by a consortium of Tega (77%) and Apollo Management Singapore (23%), aims to create a leading provider of critical consumables for the mining industry. The combined entity is expected to generate annual revenues of $1.7 billion with an EBITDA of $217 million. The acquisition will expand Tega's product portfolio, global footprint, and R&D capabilities. The transaction is set to close by December 31, 2025, subject to regulatory approvals.
06Sept 25
Tega Industries' Subsidiary Appoints New CEO, Company Revises Dividend Record Date
Tega Industries Limited has appointed Mr. Syed Yaver Imam as the new CEO of its subsidiary, Tega McNally Minerals Limited, effective June 01, 2024. The company has also revised the record date for its final dividend payment for FY 2024-25 from September 08, 2025, to September 09, 2025, due to a public holiday. Shareholders on record as of the new date will be eligible for the dividend. This change complies with SEBI regulations and has been communicated to the BSE and NSE.
05Sept 25
Tega Industries Shifts Dividend Record Date to September 09, 2025
Tega Industries Limited has changed the record date for determining shareholder eligibility for the final dividend payment for FY 2024-25 from September 08 to September 09, 2025. This change is due to an unexpected public holiday declared on September 08, 2025, as communicated by NSE and BSE. The revision ensures compliance with regulatory requirements and affects the timing for shareholders to be registered for dividend eligibility.
05Aug 25
Tega Industries Reports Strong Order Book of ₹1,005 Crore, Q1 Revenue Up 6% YoY
Tega Industries announced an order book of ₹1,005 crore, with ₹610 crore executable within 12 months. Q1 FY26 results show total revenue of ₹3,716.00 million, up 6% YoY. EBITDA stood at ₹711.00 million, and PAT at ₹353.00 million. The company's Consumables segment generated ₹2,940.23 million in revenue, while Equipment segment contributed ₹643.18 million. International operations accounted for ₹2,691.82 million of revenue. Management is focusing on execution efficiency and cost management to improve margins.
05Aug 25
Tega Industries Reports Q1 Revenue Growth Amid Profit Decline
Tega Industries, a manufacturer of specialized products for the global mineral beneficiation and mining industry, reported mixed Q1 results. Revenue from operations increased by 4.74% to ₹3,560.92 crore, but consolidated net profit declined by 3.83% to ₹353.35 crore. EBITDA decreased to ₹556.00 crore, with margin contracting to 15.60%. The company's revenue is primarily driven by international markets, accounting for over 75% of total revenue. Despite challenges, management remains focused on operational efficiency and strategic growth initiatives.
15May 25
Tega Industries Reports Strong Q4 Results, Declares Dividend
Tega Industries, a manufacturer of specialized products for the mineral processing industry, announced its Q4 FY2023 results. The company's consolidated net profit increased by 14% year-over-year to ₹1.02 billion, while revenue grew by 5.1% to ₹5.36 billion. EBITDA for the quarter was ₹1.49 billion with a margin of 27.78%. The board has recommended a final dividend of ₹2 per equity share.
Tega Industries
1,885.60
-11.70
(-0.62%)
1 Year Returns:+1.34%
Industry Peers
Kaynes Technology India
7,019.00
(+0.39%)
Honeywell Automation
36,310.00
(+0.61%)
Jyoti CNC Automation
922.90
(+0.32%)
LMW
15,432.00
(-0.05%)
Syrma SGS
787.00
(-0.36%)
Tega Industries
1,885.60
(-0.62%)
Praj Industries
338.90
(-0.31%)