Tega Industries Eyes Rs 200 Crore Revenue From India Capex By FY27
Tega Industries projects Rs 400-500 crore incremental revenue in FY26-27, driven by Indian capacity expansion and initial contributions from its Chile plant.
Tega Industries anticipates an incremental revenue of Rs 200 crore by March 2027 from capacity expansion in India, along with additional topline growth from the start of operations at its Chile plant, the company’s Managing Director and Group Chief Executive Officer Mehul Mohanka told NDTV Profit on Wednesday.
“We do have some incremental capacity expansion happening in our plants in India as well. So, that will also play out by the financial year ending March 2027,” Mohanka said.
“It's a small capex that we're doing in India, and that should bring in about another Rs 200 crore of incremental revenue growth for us,” he explained.
Mohanka added that while Tega Industries’ Chile plant will be operational by the next financial year, the full revenue potential of Rs 800 crore will be accessed only after March 2027.
“The Chile plant would take about two to three years to completely ramp up. It's not that we are going to be at Rs 800 crore incremental revenue from year one. That is the installed capacity of the plant,” he said.
“It will take us about at least 8 to 10 quarters to be able to get there, from the time we commence commercial production, which will be around FY26,” Mohanka added.
He stated that Tega Industries expects Rs 400-500 crore of incremental revenue in 2026-27 compared to the previous financial year, with the full Rs 800 crore ramp-up to happen thereafter.
The top executive mentioned that his company is bullish on maintaining its 15% revenue growth target and 20%-plus Ebitda margin target.
“We are maintaining our growth estimates as well as our margin estimates. Ebitda margin would be north of 20%. We have always guided the market accordingly,” he said.
“While there are some delays on shipments, they are on track as far as our growth estimates and guidance are concerned,” Mohanka added.
Shares of Tega Industries Ltd. was trading 0.41% lower at Rs 1,584.25 on the NSE on Wednesday. In contrast, the benchmark Nifty 50 was at 23,541 points, down by 0.62%.
