Tega Industries (TEGA) investor relations material

Executive summary

• Consolidated revenue for FY 2026 reached INR 17,736 million, up 5% year-over-year, with EBITDA before exceptional items at INR 3,967 million and EBITDA margin at 22%.

• Q4 FY26 total income grew 4% year-over-year to INR 5,633 million, with adjusted EBITDA of INR 1,632 million (29% margin).

• Adjusted PAT for FY26 was INR 2,266 million, up 13% year-over-year.

• Order book as of March 31, 2026, stands at INR 12,060 million, with INR 9,060 million executable within 12 months, providing strong revenue visibility.

• Acquisition of Molycop completed on June 1, 2026, in partnership with Apollo Funds, marking a major strategic milestone and expanding global mining solutions capabilities.

Financial highlights

• FY 2026 group total income was INR 70,736 million, up from INR 16,818 million in FY 2025; adjusted EBITDA was INR 3,967 million, with a margin of 22%.

• Gross margin remained healthy at 60% for FY 2026, up from 58% in the prior year.

• Adjusted PAT margin for FY26 was 13%.

• Cash and cash equivalents at March 31, 2026, were INR 11,638.86 million, up from INR 1,142.95 million a year earlier.

• Exceptional items included INR 775 million for Molycop acquisition costs and INR 64 million for labor code impact.

Outlook and guidance

• Consumable business expected to maintain a 15% CAGR going forward.

• Equipment business targets 25% growth, with new product launches and international expansion planned.

• Molycop revenue growth outlook for FY 2027 is 3%, with EBITDA margin near 12%.

• Management remains firm on long-term 15% growth guidance for consumables, despite recent flat performance.

• Forward-looking statements highlight exposure to market risks, economic performance, and industry competition.