Techprecision Corp (NAS:TPCS)
$ 5.69 -0.11 (-1.9%) Market Cap: 57.47 Mil Enterprise Value: 65.57 Mil PE Ratio: 0 PB Ratio: 7.55 GF Score: 62/100

Q2 2026 TechPrecision Corp Earnings Call Transcript

Nov 13, 2025 / 09:30 PM GMT
Release Date Price: $4.48 (+4.43%)

Key Points

Positve
  • Techprecision Corp (TPCS) reported a 2% increase in consolidated revenue for the fiscal 2026 second quarter, reaching $9.1 million compared to $8.9 million in the previous year.
  • Consolidated gross profit increased significantly by $1.4 million, resulting in a double-digit year-over-year gross margin improvement of 16 percentage points.
  • The company experienced improved margins due to a favorable customer mix at both Raynor and Stadco segments.
  • Techprecision Corp (TPCS) has a strong $48 million backlog, expected to be delivered over the next 1 to 3 fiscal years with gross margin expansion.
  • The company continues to secure strategic customer confidence, leading to new coating opportunities in air defense and submarine defense sectors.
Negative
  • Stadco segment reported an operating loss of $0.5 million despite an $873,000 improvement in operating income.
  • The company faces headwinds from legacy contracts and underpriced one-time contracts, impacting profitability.
  • Interest costs increased due to higher borrowing under the revolving loan, affecting net income.
  • The company continues to deal with challenges related to first article activities, which carry risks and lower margins.
  • Despite improvements, the company acknowledges the need for further work to bring the Stadco subsidiary consistently into profitability.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TPCS.OQ - TechPrecision Corp
Q2 2026 TechPrecision Corp Earnings Call
Nov 13, 2025 / 09:30PM GMT

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Presentation
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Unidentified_1 [1]
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Greetings and welcome to the tech Precision Corporation fiscal year 2026. Second quarter financial results call.

At this time, all participants are placed on a listen-only mode, and a question-and-answer session will follow the formal presentation.

If anyone should require operator assistance during the conference, please press 0 on your telephone keypad.

And please note this conference is being recorded.

I will now turn the conference over to your host, Mr. Brett Mass with Hayden IR. Sir, the floor.

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Unidentified_2 [2]
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