Revenue and Profitability Exhibit Solid Growth
Kolkata, February 5, 2025 — Tega Industries Limited (BSE: 543413, NSE: TEGA), a global leader in specialized consumables for mineral beneficiation and mining, has announced its unaudited standalone and consolidated financial results for the third quarter (Q3) and nine months ended December 31, 2024.
Key Financial Highlights (Standalone)
| Particulars | Q3 FY2025 (₹ Mn) | Q3 FY2024 (₹ Mn) | YoY Growth (%) | 9M FY2025 (₹ Mn) | 9M FY2024 (₹ Mn) | YoY Growth (%) |
|---|
| Revenue from Operations | 2,474.57 | 1,636.26 | 51.2% | 6,817.74 | 5,085.00 | 34.1% |
| Total Income | 2,671.07 | 1,685.04 | 58.6% | 7,251.58 | 5,267.37 | 37.7% |
| EBITDA | 1,018.18 | 581.42 | 75.2% | 2,450.93 | 1,618.15 | 51.4% |
| Profit Before Tax (PBT) | 699.76 | 304.16 | 130.2% | 1,798.67 | 1,042.77 | 72.5% |
| Net Profit (PAT) | 550.83 | 233.52 | 136.0% | 1,378.56 | 808.97 | 70.4% |
| EPS (Basic & Diluted) | ₹8.43 | ₹4.65 | 81.3% | ₹20.72 | ₹12.77 | 62.3% |
The standalone performance reflects a
significant rise in revenue and profitability, with gross margins improving on account of robust sales growth and operational efficiencies.
Key Financial Highlights (Consolidated)
| Particulars | Q3 FY2025 (₹ Mn) | Q3 FY2024 (₹ Mn) | YoY Growth (%) | 9M FY2025 (₹ Mn) | 9M FY2024 (₹ Mn) | YoY Growth (%) |
|---|
| Revenue from Operations | 4,092.67 | 3,402.02 | 20.3% | 11,025.43 | 9,857.37 | 11.8% |
| Total Income | 4,206.20 | 3,467.34 | 21.3% | 11,390.22 | 10,037.50 | 13.5% |
| EBITDA | 1,239.44 | 700.50 | 76.9% | 3,171.65 | 2,089.40 | 51.8% |
| Profit Before Tax (PBT) | 716.03 | 419.93 | 70.5% | 1,350.81 | 1,320.21 | 2.3% |
| Net Profit (PAT) | 542.44 | 356.16 | 52.3% | 982.11 | 1,043.68 | (-5.9%) |
| EPS (Basic & Diluted) | ₹8.15 | ₹5.36 | 52.1% | ₹14.76 | ₹15.71 | (-6.0%) |
While
revenue from operations grew 20.3% YoY, consolidated net profit saw a marginal decline due to
forex losses and increased depreciation & finance costs associated with global expansions.
Segment-Wise Performance
| Segment | Q3 FY2025 Revenue (₹ Mn) | Q3 FY2024 Revenue (₹ Mn) | YoY Growth (%) | 9M FY2025 Revenue (₹ Mn) | 9M FY2024 Revenue (₹ Mn) | YoY Growth (%) |
|---|
| Consumables | 3,556.44 | 2,856.91 | 24.5% | 9,696.29 | 8,411.72 | 15.3% |
| Equipment | 547.05 | 562.34 | (-2.7%) | 1,363.65 | 1,474.53 | (-7.5%) |
The
Consumables segment, which contributes the majority of revenues, delivered
steady growth, driven by increased demand across international markets. The
Equipment segment saw a slight dip due to project delays and lower capital expenditure from clients.
Key Corporate Announcements
- Expansion Plans: The company continues to invest in its manufacturing capacity, with new facility expansions underway in South America and South Africa.
- Forex Impact: Depreciation of local currencies in some global markets affected margins, though strategic hedging limited the downside.
- Strategic Joint Venture: Hosch Equipment (India) Limited, a joint venture, contributed ₹35.82 million in profits for 9M FY2025.
- Board & Governance: No major changes in leadership or board structure during the quarter.
Management Commentary
Mehul Mohanka, Managing Director & Group CEO, commented:
"We are pleased with the company's strong top-line growth and improved margins, driven by better product mix and operational efficiencies. Despite some external headwinds, we remain focused on global expansion and enhancing shareholder value."
Strategic Outlook
- Revenue Growth Drivers: Continued demand from mining and mineral beneficiation industries, along with expansion into new geographies.
- Operational Efficiency: Improved cost control measures are expected to support margin expansion.
- FX & Interest Rate Risks: The company is actively managing currency volatility through hedging mechanisms.
With strong performance in Q3 and a solid pipeline for Q4,
Tega Industries remains well-positioned for sustainable long-term growth. 