5434132026-04-012026-06-305434132026-06-305434132026-04-012026-06-30in-capmkt:OtherExpenses1Member5434132026-04-012026-06-30in-capmkt:ReportableSegments1Member5434132026-04-012026-06-30in-capmkt:ReportableSegments2Member5434132026-04-012026-06-30in-capmkt:ReportableSegments3Member5434132026-04-012026-06-30in-capmkt:ReportableSegments1Member5434132026-04-012026-06-30in-capmkt:ReportableSegments2Member5434132026-04-012026-06-30in-capmkt:ReportableSegments3Member5434132026-04-012026-06-30in-capmkt:ReportableSegments1Member5434132026-06-30in-capmkt:ReportableSegments1Member5434132026-04-012026-06-30in-capmkt:ReportableSegments2Member5434132026-06-30in-capmkt:ReportableSegments2Member5434132026-04-012026-06-30in-capmkt:ReportableSegments3Member5434132026-06-30in-capmkt:ReportableSegments3Member5434132026-04-012026-06-30in-capmkt:ReportableSegments1Member5434132026-06-30in-capmkt:ReportableSegments1Member5434132026-04-012026-06-30in-capmkt:ReportableSegments2Member5434132026-06-30in-capmkt:ReportableSegments2Member5434132026-04-012026-06-30in-capmkt:ReportableSegments3Member5434132026-06-30in-capmkt:ReportableSegments3Member5434132026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15434132026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25434132026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss15434132026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares543413TEGANOTLISTEDINE011K01018TEGA INDUSTRIES LIMITEDMain BoardEquity2026-04-012027-03-312026-08-132026-08-06INRMillionsQuarterlyFirst quarterMulti segment2026-08-1312:30:002026-08-1314:25:00Not applicable2026-04-012026-06-30UnauditedConsolidated17234420000174130000174085500008493340000102416000040974000017608900001167080000736240000499056000018582010000-11734600000-117346000098930000-181180000-822500000-10912100000008690000-1082520000208610000-873910000-861890000-220630000-603770000-27014000075128000010-11.47-11.4700-11.47-11.47 <br /> 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Holding Company in their respective meetings held on 13 August 2026 The Statutory Auditors have issued an unmodified report on the above results <br /> 2. These results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting Ind AS 34 prescribed under section 133 of the Companies Act 2013 and other accounting principles generally accepted in India and are in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 as amended <br /> <br /> 3. The Consolidated Financial results include the results for the quarter ended 31 March 2026 being the balancing figure in respect of the full financial year ended 31 March 2026 and the published unaudited year to date figures for the nine months period ended 31 December 2025 which were subject to limited review by the Statutory Auditors of the Group <br /> <br /> 4. In connection with the acquisition of the Molycop Group comprising the direct and indirect subsidiaries of AIP MC Holdings LLC including its joint ventures the Group engaged various consultants and legal advisors for commercial and legal due diligence and for preparing and negotiating transaction related documentation <br /> Accordingly the Group has recognised one time expenses amounting to Rs 1909.55 million under Other Expenses for the quarter ended 30 June 2026 Rs 775.77 million for the year ended 31 March 2026 <br /> <br /> 5. On 28 November 2025 the Group in partnership with Apollo Management Singapore Pte Ltd Apollo entered into definitive agreements to acquire Molycop Group comprising direct and indirect subsidiaries of AIP MC Holdings LLC including joint ventures through a series of steps <br /> <br /> The transaction was subjected to customary conditions precedent and approvals from regulatory authorities in various jurisdictions Upon satisfaction of all such conditions and receipt of the requisite approvals the transaction was completed on 1 June 2026 acquisition date where the Group has acquired controlling stake in Molycop Group for a purchase consideration of Rs 41907.13 million USD 442.7 million <br /> <br /> The Group has obtained control over Molycop Group with effect from 1 June 2026 The acquisition has been accounted for under the acquisition method of accounting in accordance with Ind AS 103 Business Combinations Accordingly the Group has recorded the assets and liabilities acquired through this business acquisition currently determined on a provisional basis which has resulted in the recognition of identifiable intangible assets amounting to Rs 34295.32 million USD 362.3 million and goodwill amounting to Rs 49956.87 million USD 527.74 million which remain subject to finalisation <br /> <br /> The final allocation of purchase consideration to the acquired assets and assumed liabilities is in process and the provisional amounts as mentioned above will be adjusted as necessary within the measurement period of maximum of one year from the acquisition date as allowed under Ind AS 103 <br /> <br /> Further as a result of the acquisition the Group consolidated total assets and total liabilities as at 30 June 2026 increased by approximately Rs 203648.01 million and Rs 168039.47 million respectively and the acquisition contributed approximately Rs 12916.40 million to the Group revenue for the quarter ended 30 June 2026 <br /> <br /> 6. The Board of Directors of the Holding Company at its meeting held on 18 September 2025 approved the issuance and allotment of Equity Shares to promoters and non promoters by way of preferential issue on private placement basis The same has been approved by shareholders at its meeting held on 10 October 2025 <br /> <br /> Accordingly during the year ended 31 March 2026 the Holding Company had allotted 8592206 Equity Shares of face value Rs 10 each at an issue price of Rs 1994 including a premium of Rs 1984 on 28 November 2025 upon receipt of the full consideration Consequent to this allotment the paid up equity share capital of the Holding Company increased from Rs 665.35 million 66535492 fully paid up equity shares of Rs 10 each to Rs 751.28 million 75127698 fully paid up equity shares of Rs 10 each <br /> <br /> 7. Post acquisition of Molycop Group which is operating in the manufacturing and selling of grinding media and ancillary products and services Executive Committee has reviewed all the relevant aspects including in particular the system of internal financial reporting to the Executive Committee which is the Chief Operating Decision Maker CODM Considering the economic characteristics of the operations the Group is of the view that Grinding media is to be considered as a separate business segment It is now operating in three manufacturing segments Consumables Grinding Media Consumables others and Equipments which together are used for the global mineral beneficiation mining and bulk solids handling industry and are considered operating segments as per Ind AS 108 Segment Reporting Consumables others business represents the Pre acquisition consumable business of the Group Equipment business represents the operations of a Subsidiary Company Tega McNally Minerals Limited <br /> Other Expenses4990560000Consumable Grinding Media12916400000Consumable Others3971790000Equipment357790000172459800001156000017234420000Consumable Grinding Media1710510000Consumable Others771690000Equipment-15860000246634000011670800002464030000-1164770000Consumable Grinding Media203648010000Consumable Others15899200000Equipment34416700002229888800002718300000225707180000Consumable Grinding Media168039470000Consumable Others6654220000Equipment16824300001763761200008010970000184387090000Remeasurement gains/ (loss) on post employment defined benefit plans2090000Share of other comprehensive income of joint venture accounted using the equity method100002100000920000Net movement in effective portion of cash flow hedges-186270000Exchange differences on translation of foreign operations357070000170800000-36630000208610000