Tega Industries Limited — Investor Meet, 21-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Tega Industries reported FY25 group revenue of Rs.1,681.8 Cr, up 11% YoY, with EBITDA margin steady at 23%. Q4 revenue reached Rs.542.8 Cr, boosting EBITDA margin to 29%. Consumables make up 87% of sales, growing 11%, while equipment rose 5%, impacted by customer delays. The order book stands at Rs.1,029.2 Cr, with Rs.591.2 Cr executable within a year. Strong demand is driven by gold and copper mining amid geopolitical and green energy trends. Production from the Chile project is expected by mid-2026. Equipment margins improved but remain at 16-17%. The company targets ~15% CAGR growth and equipment share rising to 20-25%. Expansion includes Rs.30 Cr Dahej debottlenecking. Management is confident despite geopolitical and supply chain challenges.