Tega Industries Share Price Target 2022, 2023, 2024, 2025, And 2030

Tega Industries Share Price 

Tega Industries Share Price Target 2022, 2023, 2024, 2025, And 2030: Hello Friends, Today’s blog I am going to talk about one of the best company which is listed on the National stock exchange. Tega industries company established in the year 1976 it is a golden opportunity to take part in this company share. So today I am going to talk about Tega industries fundamental analysis and know more about this share.

About Tega industries

Tega Industries incorporated in 1976, Tega Industries is a largest manufacturer and distributor of recurring consumable products which is used in the mining process most of the mining industry use tega industries product in their mining process. Tega industries is the second largest producer of various different types of products like polyurethane, steel, ceramic-based lining components, wear-resistant rubber used by various companies in the across different stages of mining like screening, grinding, mineral processing, and material handling. The tega industries product portfolio comprises more than 55 mineral processing and material handling products.

Tega industries share price
Tega industries share price

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Registered Office

Address 147, Block G, New Alipore,
State West Bengal
City Kolkata
Pin Code 700053
Tel. No. 033-30019000
Emailcompliance.officer@tegaindustries.com
Internetwww.tegaindustries.com

Tega industries – Management

NameDesignation
Mehul Mohanka Managing Director & Group CEO
Madan Mohan MohankaChairman & Executive Director
Hemant Madhusudan NerurkarIndependent Director
Madhu DubhashiIndependent Director
Rudolph Michael EdgeIndependent Director
Syed Yaver ImamExecutive Director
Jagdishwar Prasad SinhaIndependent Director
Tega industries – Management

Tega Industries Income Statement

AnnualMarch 2021March 2020March 2019
Sales496447443
Other Income2203418
Total Income717481462
Total Expenditure400389385
EBIT3179176
Interest121613
Tax311112
Net Profit2736450
Tega Industries Annual Income Statement

Tega Industries Quarterly Income Statement

QuarterlyJun 2021 (₹ cr)
Total Revenue180.00
EBITDA30.29
PBIT19.79
PBT16.18
Net Income11.88
EPS2.10

Tega Industries Share Price Target 2022, 2023, 2024, 2025, And 2030

Tega Industries, a manufacturer of various different types of mining products which is used in the mining process. The tega industries share listed on 13/12/ 2021 on NSE with an attractive share price of about Rs.760. It is a good occasion to include in this company share because tega industries is a good company on the basis of strengths. If I talk about the company’s strengths , it has a strong promoter along with over 40 years of experience in this sector. Also, its engineering capacity, which has developed over decades. Tega industries share ipo , Retail share offered is 35%, QIB shares offered is 50%, and NII (HNI) shares offered is 15%.

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Tega Industries Share Price Target 2022

In this section, I am going to talk about the Technical analysis and Fundamental Analysis of Tega Industries and the business model of tega industries. So, first of all, we cover the company’s basic points. It was incorporated in 1976. The main business of the Tega Industries is the Manufacturing of Mineral and Mining products and Distribution. If we talk about updated data, tega industries is the second biggest company for polymer manufacturing. At the present, the company has 6 manufacturing units and 55 major products and The overview of technical analysis and Fundamental Analysis If we try to predict the first tega industries share price target 2022 it should be Rs.1025. If the company management makes a good decision in upcoming days like this, then the next Tega industries share price target for 2022 is around Rs 1384.

Tega industries share price target
Tega industries share price target

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Tega Industries Share Price Target  2023

When we go through the Company Essentials, the first point of the tega industries is  the Market Cap which we are able to see the Tega Industries Market Cap is Rs. 4068.97. The face value of the Tega industries share price is Rs. 10 and book value of the tega industries share is 123.88 an industry P/E 18.84. tega industries has total debt of Rs 154.13 crore and company has cash reserve 1.28 According to the above mentioned information we can predict tega industries share price target in 2022, here we predict two share price target the first share price is around Rs 1572 and second share price target is around Rs. 1746.

Tega Industries Share Price Target  2024

In this segment, I am going to predict Tega industries share price target 2024  on the basis of business performance and Profile and loss statement of the tega industries in the year 2019 the company net sales around Rs 444.95 crore and net profit was Rs around 50 crore. If in the upcoming few years company sales increase then definitely the profile of the company also increases. Due to corona virus all over world lockdown because of this reason company sales decrease in 2019. In 2020 the net sales of the company is around Rs 447 and net profit around Rs. 64.47. if like this company sales increase year by year then definitely the share price of tega industries going up so on the basis of above mentioned information we can predict try to predict the tega industries share price target for 2024 here we predict two share price target the first share price is around Rs. 2153 and the second Tega industries share price target is around Rs 2553.

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Tega Industries Share Price Target 2025

If we talk about Tega Industries Strength and we try to predict tega share price target for the year of 2025. So, friends as per the latest data in the last 3 years the company’s presence is available in more than 70 countries as well as it has 513 installation units which are handled in a good way. Tega Industries is a second largest producer of the Mining used products in upcoming few years the demand for the Mining industries increase because government also allows various private sector Company to setup mining projects in Mining industries increase the the demand for the product which is used in the mining process automat income then ultimately tega industries sales increase. So with the help of the above explanation we can predict the tega industries share price target for 2025 the first target price which is achieved is around Rs 2967 and second tega industries share price target is around Rs 3243.

Tega Industries Share Price Target 2030

On the basis of the quarterly results and Balance sheet and profit and loss statement we can predict the share price target of tega industries for 2030. If the quarterly results of the tega industries we be good then the Tega industries share price definitely increase in upcoming few years and if government also provide any package to this types of company for its development then definitely the share price of the tega industries increase in upcoming few years and the management of the company also made good decision for the development and expansion of the company the definition the share price of the tega industries goes increasing and one more point if company management it’s debt in a balance mannar. Then the share price definitely increased so here we try to predict two different share price targets for 2030, the first share price target is around Rs 9216 and second share price target is Rs 9565.

Tega Industries Share Price Target 2022, 2023, 2024, 2025 and 2030

Share Target PriceTarget-1Target-2
2022 Rs. 1025 Rs 1384
2023 Rs 1572 Rs. 1746
2024 Rs. 2153 Rs 2553
2025 Rs 2967 Rs 3243
2030 Rs 9216 Rs 9565
Equities & LiabilitiesMarch
2021
March
2020
March
2019
Share Capital666666
Reserves & Surplus754481417
Current Liabilities208218218
Other Liabilities8511131
Total Liabilities1,115877733
AssetsMarch
2021
March
2020
March
2019
Fixed Assets147139147
Current Assets477432378
Other Assets490305207
Total Assets1,115877733

Conclusion

In this blog, we tried predicted tega industries share price target 2022, 2023,. 2024, 2025 and 2030 Prediction / Forecast. in this article we mainly focus on the Financial Analysis and Fundamentals of the company Strengths, and Limitations, etc. If you have any questions related to this article please comment on the comment section.

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