Tega Industries Q1 FY27: Molycop Joins, Legacy Grows 21%

Tega Industries Limited reported Q1 FY27 results for the June 2026 quarter on 13 August; the print requires two lenses. Q1 FY27 numbers: Statutory consolidated: revenue Rs 1,723.4 crore vs Rs 356.1 crore YoY; net loss Rs 86.2 crore Adjusted group: PAT Rs 54.7 crore, up 26% YoY, stripping Rs 191 crore of Molycop transaction costs Molycop: one month only (closed 1 June); revenue Rs 1,283.4 crore, adjusted EBITDA Rs 162.8 crore, 109 KT volume, ahead of plan Legacy Tega ex Molycop: revenue Rs 431.8 crore, up 21%; margin 22.1% vs 19.1%; adjusted PAT Rs 44.4 crore, up 26% Order book Rs 1,231.3 crore, up 22%; consumables revenue up 36% Group debt: Rs 11,200 crore including Rs 2,600 crore of preference shares Tega Industries [][***** shares closed near Rs 1,604 on 7 September 2026, down 24 percent from the Rs 2,125 high and 9 percent above the Rs 1,473 low. Market cap near Rs 12,000 crore. Trailing P/E is distorted by the statutory loss.