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

Q1 2027 TechPrecision Corp Earnings Call Transcript

Aug 13, 2026 / 08:30 PM GMT
Release Date Price: $4.84 (+0.41%)

Key Points

Positve
  • Consolidated revenue increased 23% year-over-year to $9.1 million, driven by growth at both Raynor and Stadco.
  • Gross profit rose 36% to $1.4 million, reflecting higher revenue and improved margins.
  • Raynor revenue grew 27% to $5.5 million, supported by favorable project mix and new equipment funded by $24 million in U.S. Navy grants.
  • Stadco revenue increased 22% to $4.1 million, with gross profit up 65% due to better project mix and throughput.
  • Backlog remains strong at $52 million funded, plus $22 million unfunded, providing revenue visibility for the next 1-3 years.
  • Total debt reduced to $5 million from $7 million, and interest expense decreased 21%.
Negative
  • Net loss of $153,000 in Q1, though improved from prior year.
  • Cash balance declined to $279,000 from $431,000, indicating tight liquidity.
  • Stadco still not profitable, with management acknowledging more work needed to turn it around.
  • Customer-furnished materials with defects (e.g., casting porosity) cause production interruptions and increased costs.
  • Uncertainty around first articles and new work scopes can lead to pricing adjustments and potential delays.
  • New quoting opportunities have a low win rate (1-2 out of 10-15 quotes), limiting near-term growth.


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E D I T E D V E R S I O N

TPCS.OQ - TechPrecision Corp
Q1 2027 TechPrecision Corp Earnings Call
Aug 13, 2026 / 08:30PM 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 2027 first quarter earnings call.

At this time, all participants are on a listen-only mode.

As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mr. Brett Moss, Managing Director of Hayden IR.

Thank you, sir. You may begin.

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Unidentified_2 [2]
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Thank you. On the call today are Alex Shen, Chief Executive Officer, and Philip Hankoski, Chief Financial Officer. Before we begin, I'd like to remind our listeners that
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