About Tega Industries Limited

Tega Industries Limited, incorporated in 1976 in West Bengal, is a leading manufacturer and distributor of critical-to-operate consumables and complementary equipment for mineral beneficiation, mining, and bulk solids handling, serving 92 countries through a global footprint of 10 plants including India, Chile, South Africa, and Australia. The company’s history features sustained innovation in mill liners, trommels, hydrocyclones, chute liners, screens, conveyor products, and wear solutions, with recent vertical integration strengthened by acquiring McNally Sayaji (now Tega McNally Minerals Limited, TMML) to expand OEM equipment capabilities across crushing, screening, grinding, material handling, and mineral processing. Operations span Kalyani (1978), Samali (1985), Dahej (2013) in India and commissioned international sites in South Africa (2006), Australia (2010), and Chile (2011), offering regionalised production for copper and gold hubs and reducing lead times for marquee mines, including Europe’s largest copper mine engagement for supply, installation, and management of processing plant products. As of March 31, 2025, the group reported consolidated total income of Rs 1,681.81 crore, profit after tax of Rs 200.12 crore, and a global workforce of over 2,200, underpinned by certifications ISO 9001, ISO 14001, ISO 45001, and SA 8000 across plants. The group has 4 material subsidiaries (Tega Holdings Pte. Ltd.; Tega Industries Africa Pty Ltd; Tega Industries Chile SpA; TMML) and numerous wholly owned operating subsidiaries across the USA, Australia, Canada, Brazil, Ghana, Chile, South Africa, and Singapore, reflecting a diversified international structure.

Tega Industries Limited Business Segments

• Consumables: FY 2024-25 revenue Rs 1,430.10 crore; growth 10.8% year-on-year, driven by mill and wear liners and customised solutions for gold and copper mines.

• Equipment: FY 2024-25 revenue Rs 215.70 crore; growth 4.6% year-on-year, delivered through TMML’s OEM portfolio across crushing, screening, grinding, and beneficiation equipment.

Tega Industries Limited Key Management

• Madan Mohan Mohanka — Chairman.

• Mehul Mohanka — Managing Director & Group CEO.

• Sharad Kumar Khaitan — Chief Financial Officer.

• Manoj Kumar Sinha — Director Global Operations.

• Pratik Basu Roy — President, Product Management, Global Sales & Marketing.

• Manjuree Rai — Global Head of Legal and Compliance and Company Secretary.

• Bhanu Sharma — Global Head of Human Resources Administration (appointed March 18, 2025).

• Ashwani Maheshwari — Director (Non-Executive).

• Anand Sen — Director (Non-Executive).

• Syed Yaver Imam — Director (Non-Executive).

Latest Updates on Tega Industries Limited

• TMML commissioned operations at Hutti Gold Mine and won a consortium contract from NMDC for a 7 MTPA screening and beneficiation plant; TMML’s share Rs 119.90 crore (inclusive of taxes) within a total project of Rs 871.60 crore (inclusive of taxes).

• Strategic plan for a new plant in Chile targeted to be operational by FY 2026-27 to serve Latin America, covering Brazil, Chile, Peru, and Argentina.

• Order book of Rs 1,029.20 crore as on March 31, 2025, with around 60% executable within one year, anchored by marquee global mines.

• Sustainability milestones: 7.45% reduction in absolute Scope 1+2 GHG emissions vs FY24, 587 KWp solar installed at Samali with plans for Kalyani, boiler fuel conversion to cleaner gaseous alternatives, and modular 16 KLD STP installed at Samali for water reuse.

• CRISIL ratings upgraded to AA-Stable (long term) and A1 (short term), reflecting strong financial discipline and liquidity.