Tega Industries Ltd.
NSE: TEGATega Industries Ltd.: A 30-second snapshot
Tega Industries trades at Rs 1,477.4, down 20.76% over the past year and 30.48% below its 52-week high, sitting below both its 50-DMA and 200-DMA with an RSI of 28.09 (oversold). Trailing PE of 72.32 is well above the forward PE of 15.87, against 5-year earnings growth of -63.6%, revenue growth of -1.7%, ROE of 5.94%, and a composite quality score of 13/100 that ranks last among 6 tracked Infrastructure peers.
P/E
72.3
Forward P/E
15.9
ROE
+5.9%
Debt / Equity
11.69
Profit Margin
+8.4%
Div. Yield
+0.1%
5Y ROE > 15%
2/5
5Y FCF > 0
4/5
Quality
33/100
News
8 headlines · 0 positive · 1 negative
Tega Chile tax appeal dismissed, ₹32.32 cr loss carry forward disallowed - scanx.trade
scanx.trade
3 Indian Cash Flow Stocks Trading Below Fair Value - simplywall.st
simplywall.st
Ahead of Market: 10 things that will decide stock market action on Wednesday - economictimes.com
economictimes.com
3 Indian Stocks Backed by Cash Flow Value That Deserve a Closer Look - simplywall.st
simplywall.st
ADVAN's New President O'Tega Ogra Calls for Dialogue Over Confrontation, Pledges Stronger Indus... - BrandCrunch Nigeria
BrandCrunch Nigeria
Recent context
- ·Chile tax appeal dismissed (reported 14-Jul-2026 via scanx.trade), disallowing a Rs 32.32 cr loss carry-forward.
- ·The stock is down 8.7% over the past 3 months and sits in oversold RSI territory (28.09) in the latest technical read, having fallen 30.48% from its 52-week high.
- ·Recent news flow is mostly generic aggregator 'cash flow value stock' list mentions (simplywall.st, 28/31-Jul-2026) and a keyword collision from an unrelated Nigerian telecom-association article referencing a different 'O'Tega', with limited company-specific coverage beyond the tax item.
Strengths
- +Debt-to-equity works out to roughly 0.12x (11.693 on a Yahoo percentage scale, divided by 100) with a flat debt trend -- leverage is low for an industrial/infrastructure name.
- +Free cash flow was positive in 4 of the years covered by the persistence dataset.
- +Net profit margin stands at 8.43%, and the forward PE of 15.87 is well below the trailing PE of 72.32.
- +ROE ranks 2nd of 6 tracked Infrastructure peers, though only CUMMINSIND has a recorded ROE figure (29.46%) among the rest of the peer set, limiting the comparison.
Weaknesses
- −5-year earnings growth of -63.6% and revenue growth of -1.7% alongside ROE of 5.94% and a quality score of 13/100 point to sustained core-profitability deterioration rather than a single-year dip.
- −A Chile tax appeal was dismissed (14-Jul-2026), disallowing a Rs 32.32 cr loss carry-forward, a concluded adverse tax ruling affecting future tax liability.
- −Price sits 12.4% below the 50-DMA and 16.6% below the 200-DMA, down 30.48% from the 52-week high and down 20.76% over 1 year, with RSI at 28.09 (oversold).
- −Quality score of 13/100 ranks last (6 of 6) among the tracked Infrastructure peer set (BEL, LT, ABB, CGPOWER, CUMMINSIND).
Open questions
- ?What underlies the gap between the trailing PE of 72.32 and forward PE of 15.87 -- is a specific earnings recovery guided by management, or is it embedded in a single tracked analyst estimate (count=1)?
- ?Does the Chile tax-appeal outcome (Rs 32.32 cr disallowed loss carry-forward) have further appeal avenues, and what is its expected impact on cash tax outflows going forward?
- ?What is driving 5-year earnings growth of -63.6% despite roughly flat revenue (-1.7%) -- margin compression, one-off charges, or a more structural shift?
- ?Given debt-to-equity of about 0.12x and FCF positive in only 4 of the years tracked, how is the company deploying its comparatively low leverage capacity?
Peer comparison: Infrastructure
Ranks 6 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| TEGA | Tega Industries Ltd.You're viewing | 72.3 | +5.9% | 13 |
| Industry avg | across 5 peers | 70.3 | +29.5% | 47 |
| CUMMINSIND | Cummins India Ltd. | 64.7 | +29.5% | 65 |
| BEL | Bharat Electronics Ltd. | 46.2 | — | 50 |
| ABB | ABB India Ltd. | 98.9 | — | 47 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 109.2 | — | 38 |
| LT | Larsen & Toubro Ltd. | 32.7 | — | 37 |
Technical state
Current price
₹1,477.40
SMA 50
₹1,685.73
SMA 200
₹1,771.26
RSI (14)
28.1 (oversold)
From 52w high
-30.5%
1Y return
-20.8%
3M return
-8.7%
50-DMA
Below
200-DMA
Below
Algorithmic resistance levels
Risk flags
- high5-year earnings growth of -63.6% alongside 5-year revenue growth of -1.7% and ROE of 5.94% points to sustained core-profitability deterioration; ROE has exceeded 15% in only 2 of the years tracked and the composite quality score is 13/100.
- mediumA Chile tax appeal was dismissed (reported 14-Jul-2026), disallowing a Rs 32.32 cr loss carry-forward -- a concluded adverse tax ruling that reduces the available tax shield and can raise future cash tax outflows.
- mediumPrice of Rs 1,477.4 is 12.4% below the 50-DMA (Rs 1,685.73) and 16.6% below the 200-DMA (Rs 1,771.26), down 30.48% from the 52-week high and down 20.76% over the past year; RSI of 28.09 is in oversold territory and the 3-month return is -8.7%.
- mediumTEGA ranks last (6 of 6) by quality score among tracked Infrastructure peers (BEL, LT, ABB, CGPOWER, CUMMINSIND); its PE ranks 4th of 6. Most peer entries lack recorded ROE or 1-year price-change data, limiting the reliability of the peer comparison.
- lowAnalyst coverage is limited to a single tracked source with no numerical rating recorded (count=1, rating=null), and no support levels were identified in the technical data -- only 3 resistance levels are recorded (Rs 1,721.6, Rs 1,770, Rs 1,849).
- lowOf 8 tracked news items, only 1 is company-specific and substantive (the Chile tax-appeal dismissal); the rest are generic aggregator 'value stock' list mentions or an unrelated keyword collision (a Nigerian telecom-association article referencing a different, unrelated 'O'Tega'), which limits confidence in the aggregate neutral sentiment label.
Cross-section contradictions
- Trailing PE of 72.32 sits far above the forward PE of 15.87, implying a substantial earnings recovery is priced in, while 5-year earnings growth of -63.6% and revenue growth of -1.7% show no such recovery in the historical record.
- The aggregate news sentiment label is 'neutral' (0 positive/7 neutral/1 negative), but the only company-specific headline in the set is negative (the disallowed loss carry-forward), while the neutral count is driven mainly by generic aggregator content rather than company-specific coverage.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 31 Jul 2026 · rotates through NIFTY 500 every ~5 days