Tega Industries Q1 FY26: Income ₹188 Cr, EPS ₹5.77

Why Tega Industries’ latest numbers matter

Tega Industries Ltd (NSE: TEGA) operates in specialized consumables and equipment used in mineral beneficiation, mining, and bulk solids handling. Its quarterly results provide a read-through for demand across mining-linked capex and replacement cycles. The company reported unaudited Q1 FY26 results (quarter ended 30 June 2025) that were reviewed by statutory auditors Walker Chandiok & Co LLP. The auditors issued unmodified limited review reports for both standalone and consolidated financials. The results were reviewed by the Audit Committee and approved by the Board on 5 August 2025.

While Q1 FY26 saw a quarter-on-quarter decline on the consolidated line versus Q4 FY25, the Sep 2025 quarter snapshot shared in the data indicates sequential improvement from the Jun 2025 quarter. Investors also tracked a later monitoring disclosure related to proceeds parked in mutual funds as of the quarter ended 31 December 2025.

Q1 FY26 at a glance (all figures normalised to ₹ crore)

On a standalone basis, total income for Q1 FY26 stood at ₹188.37 crore and profit after tax (PAT) at ₹38.39 crore. Standalone revenue from operations was ₹167.60 crore, and basic EPS was ₹5.77. On a consolidated basis, Q1 FY26 total income was ₹371.62 crore with PAT of ₹35.34 crore and EPS of ₹5.31.

The dataset also includes a narrative summary for the Jun 2025 quarter showing revenue of ₹356.09 crore and net profit of ₹35.34 crore, with a quarter-on-quarter decline from the immediately preceding quarter’s revenue of ₹536.11 crore and net profit of ₹101.91 crore. These figures align directionally with the consolidated Q1 FY26 line items provided in ₹ million (converted to ₹ crore in this article).

Standalone performance: margins held up better

Standalone total expenses in Q1 FY26 were ₹140.73 crore against total income of ₹188.37 crore. Profit before tax (PBT) was ₹47.64 crore, and tax expense was ₹9.25 crore, resulting in PAT of ₹38.39 crore. The standalone net profit margin was stated at 20.4% for Q1 FY26, compared with 16.9% in Q4 FY25 and 20.8% in Q1 FY25. The standalone PBT margin was stated at 25.3% for Q1 FY26.

A key context point in the filing is that the standalone financial results for Q4 FY25 were described as balancing figures between audited full-year numbers and previously published nine-month figures. That matters when comparing quarter-to-quarter trends, particularly when the prior quarter includes such balancing adjustments.

Consolidated performance: sequential softness after Q4 FY25

On a consolidated basis for Q1 FY26, revenue from operations was ₹356.09 crore, with other income of ₹15.53 crore, taking total income to ₹371.62 crore. Total expenses were ₹329.76 crore. Consolidated PBT came in at ₹43.21 crore, tax expense at ₹7.87 crore, and PAT at ₹35.34 crore. Consolidated net profit margin was stated at 9.5% for Q1 FY26 versus 19.0% in Q4 FY25 and 10.5% in Q1 FY25.

The provided narrative also quantified the quarter-on-quarter change: revenue stood at ₹356.09 crore, down 33.58% from ₹536.11 crore, and net profit stood at ₹35.34 crore, down 65.32% from ₹101.91 crore. It also stated a year-on-year revenue growth of 4.74% and a year-on-year net profit decline of 3.81% for the same quarter.

Business segments and geographic mix in Q1 FY26 (consolidated)

By segment in Q1 FY26, consolidated revenue was led by Consumables at ₹294.02 crore, followed by Equipments at ₹64.32 crore, with inter-segment eliminations of ₹2.25 crore. This took total consolidated revenue from operations to ₹356.09 crore. Segment results before interest, tax and depreciation were ₹49.92 crore for Consumables and ₹5.72 crore for Equipments, with minor eliminations.

Geographically, India revenue in Q1 FY26 was ₹86.91 crore, while revenue outside India was ₹269.18 crore. The split indicates the company’s dependence on overseas markets for a large share of revenue during the quarter.

Sep 2025 quarter snapshot: sequential recovery vs Jun 2025

For the Sep 2025 quarter, the dataset highlights revenue of ₹423.5 crore versus ₹372.97 crore in the Jun 2025 quarter, indicating sequential growth. It also lists EBITDA of ₹87.35 crore versus ₹72.47 crore and net profit of ₹44.94 crore versus ₹35.34 crore over the same period. These changes were described as 13.55% revenue growth, 20.53% EBITDA growth and 27.16% net profit growth.

This suggests that after the softer Jun 2025 quarter, the next quarter saw improvement in operating performance and profitability, at least on the metrics presented.

Annual performance snapshot: FY25 sales and profit growth

For the quarter ended March 2025, the dataset states net profit rose 13.88% to ₹101.91 crore and sales rose 5.75% to ₹536.11 crore versus the quarter ended March 2024. For the full year ended March 2025, it states net profit rose 3.23% to ₹200.12 crore, and sales rose 9.78% to ₹1,638.65 crore versus the year ended March 2024.

A separate annual table in the data also lists total revenue of ₹950.74 crore for FY2025 (labelled “FY 2025” in that section). Because the dataset combines multiple table formats, investors typically cross-check whether the numbers reflect standalone versus consolidated reporting lines and ensure consistent definitions (sales versus total revenue).

Cash flow and leverage indicators (annual)

The dataset provides annual cash flow figures (₹ crore) showing net cash flow from operating activities of ₹195.03 in FY2025, ₹252.14 in FY2024, ₹178.55 in FY2023, and ₹13.71 in FY2022. Net cash used in investing activities was ₹131.52 in FY2025, ₹90.66 in FY2024, ₹233.84 in FY2023, and ₹25.64 in FY2022.

It also lists a Debt/CFO metric of 1.34x in FY2025, 0.96x in FY2024, 1.73x in FY2023, and 15.67x in FY2022. Another cash flow table in the dataset (covering FY2021 to FY2025) lists Total Debt/CFO at 6.14x in FY2025, 1.19x in FY2024, 1.10x in FY2023, 21.31x in FY2022, and 1.05x in FY2021, along with closing cash and cash equivalents of ₹5.25 crore in FY2025.

Crisil monitoring disclosure: proceeds parked in mutual funds

A disclosure dated 12 February (for the quarter ended 31 December 2025) stated that proceeds of ₹1,713.29 crore were parked in mutual funds with no utilization. This kind of monitoring update can draw attention because it speaks to the timing of fund deployment and treasury management, even when operating performance is tracked quarter by quarter.

Stock performance and sector context

The dataset includes a price performance snapshot for Tega Industries: -1.86% (1 day), 2.62% (1 week), -5.19% (1 month), 10.53% (3 months), 44.51% (6 months), and 2.75% (1 year). It also classifies the company under Capital Goods, with industry Engineering - Industrial Equipments.

Such moves often reflect a mix of quarterly earnings sentiment and broader risk appetite in industrials, although the dataset does not attribute the move to any specific event.

Key numbers table (₹ crore unless stated)

What to watch next

The dataset notes an “upcoming earnings date” of 5 August 2025, which corresponds with the board approval date mentioned for Q1 FY26 results. For subsequent quarters, investors typically track whether the Sep 2025 improvement in revenue, EBITDA and net profit sustains, and how the revenue mix between India and overseas markets evolves. Another closely watched area is the utilization of proceeds referenced in the Crisil monitoring report for the quarter ended 31 December 2025.

Tega Industries’ latest disclosures combine operating performance, segment mix, and treasury updates. The near-term story in the numbers presented is a softer Jun 2025 quarter followed by a stronger Sep 2025 quarter on key profit metrics, alongside continued monitoring of funds parked in mutual funds.