Tega Industries Ltd

In the Q1 FY27 earnings call, Tega Industries Limited reported strong quarterly performance, with consolidated revenue from operations of INR17.2 billion, significantly higher than the prior year. The group's EBITDA before one-time expenses was INR2.6 billion, with an adjusted EBITDA margin of 15%. Tega's legacy businesses showed robust performance, with revenue increasing by 21% year-on-year to INR4.3 billion and EBITDA growing by 42% to INR1 billion. The consumables business revenue grew by 36% year-on-year to INR4 billion, with EBITDA margins expanding to 24.1%. Molycop contributed INR12.9 billion in revenue and generated EBITDA before one-time expenses of INR1.6 billion. The integration of Molycop is progressing, with expected synergies of USD20 million over the next two to two and a half years. The company highlighted favorable industry fundamentals, including growth in the global gold and copper markets, and is well-positioned to benefit from increased mining activity and demand for consumables. The group's total order book stands at INR12.3 billion, providing strong visibility for future revenue. Management emphasized the focus on integration synergies, operational excellence, and expanding customer relationships. The company also noted one-time expenses of INR1.9 billion related to the acquisition and integration of Molycop.

The document highlights strong revenue growth, improved EBITDA margins, and positive industry fundamentals, indicating a positive tone.