Tega Industries (NSE:TEGA) Days Inventory: 190.09 (As of Mar. 2026) — Near Median


NSE:TEGA Tega Industries Ltd NSE:TEGA
90 GF Score
Price ₹1,669.00
GF Value ₹1,706.51
Valuation Fairly Valued
! 5 Warning Signs
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What is Tega Industries Days Inventory?

Tega Industries NSE:TEGA +0.50% 90 Days Inventory is 190.09 as of Mar. 2026, which is 2% above its 10-year median of 186.36. GuruFocus rates NSE:TEGA with a GF Score™ of 90/100 and a GF Value™ of ₹1,706.51 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,969 Industrial Products companies, Tega Industries ranks worse than 80.06% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Tega Industries's Average Total Inventories for the three months ended in Mar. 2026 was ₹4,369 Mil. Tega Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,098 Mil. Hence, Tega Industries's Days Inventory for the three months ended in Mar. 2026 was 190.09.

The historical rank and industry rank for Tega Industries's Days Inventory or its related term are showing as below:

NSE:TEGA' s Days Inventory Range Over the Past 10 Years
Min: 164.17   Med: 186.36   Max: 226.83
Current: 221.5

During the past 8 years, Tega Industries's highest Days Inventory was 226.83. The lowest was 164.17. And the median was 186.36.

NSE:TEGA's Days Inventory is ranked worse than
80.06% of 2969 companies
in the Industrial Products industry
Industry Median: 119.47 vs NSE:TEGA: 221.50

Tega Industries's Days Inventory increased from Mar. 2025 (168.18) to Mar. 2026 (190.09). It might indicate that Tega Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tega Industries's Inventory Turnover for the three months ended in Mar. 2026 was 0.48.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Tega Industries's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.83.


Tega Industries  (NSE:TEGA) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tega Industries's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Tega Industries's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Tega Industries Days Inventory Related Terms


Tega Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Tega Industries's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tega Industries Days Inventory Chart

Tega Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 186.19 187.38 186.52 205.03 226.83

Tega Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 168.18 259.10 215.75 222.97 190.09

NSE:TEGA vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Tega Industries's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tega Industries Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tega Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tega Industries's Days Inventory falls into.


NSE:TEGA
90GF Score
Tega Industries Ltd NSE:TEGA
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Tega Industries Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tega Industries's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (4145.25 + 4369.48) / 2 ) / 6850.6*365
=4257.365 / 6850.6*365
=226.83

Tega Industries's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 4369.48) / 1 ) / 2097.56*365 / 4
=4369.48 / 2097.56*365 / 4
=190.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 190.09 mean?
Tega Industries (NSE:TEGA) has a Days Inventory of 190.09 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tega Industries and its competitors. This is near median its historical median of 186.36. Over the past decade, Tega Industries' Days Inventory has ranged from 164.17 to 226.83. According to the industry distribution chart, Tega Industries ranks #2377 out of 2969 companies in the Industrial Products industry, placing it in the top 80.1%.
Is Tega Industries' Days Inventory too high?
Tega Industries' current Days Inventory of 190.09 is near median its 10-year median of 186.36. Over the past 10 years, this metric has ranged from a low of 164.17 to a high of 226.83. The Industrial Products industry median Days Inventory is 119.47. Tega Industries' value of 190.09 is 59.1% above this industry median. Based on the distribution chart, Tega Industries ranks #2377 out of 2969 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tega Industries has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tega Industries' Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tega Industries ranks #2377 out of 2969 companies for Days Inventory. This places Tega Industries in the lower half of its industry. The industry median Days Inventory is 119.47. Tega Industries' value of 190.09 is 59.1% above this benchmark. Historically, Tega Industries' own Days Inventory has ranged from 164.17 to 226.83 over the past decade. While the company's 10-year median is 186.36 vs. the industry median of 119.47, Tega Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,969 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tega Industries's current Days Inventory of 190.09 is 59.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tega Industries and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tega Industries's current Days Inventory is 190.09, which is near median its own 10-year median of 186.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tega Industries stock overvalued right now?
Based on GuruFocus' analysis, Tega Industries (NSE:TEGA) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,706.51, compared to a current price of ₹1,669.00 — trading 2.2% below its estimated fair value. The current Days Inventory is 190.09, which is near median its 10-year median of 186.36 and 59.1% above the Industrial Products industry median of 119.47. Tega Industries' overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Tega Industries (NSE:TEGA), the current Days Inventory is 190.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tega Industries (NSE:TEGA) Overvalued in 2026?

Based on GuruFocus' analysis, Tega Industries stock appears to be undervalued. The current stock price of ₹1,669.00 is trading 2.2% below its estimated GF Value™ of ₹1,706.51. GuruFocus considers Tega Industries to be Fairly Valued.

Key valuation signals for NSE:TEGA:

  • Days Inventory: 190.09 (near median its 10-year median of 186.36)
  • GF Value™: ₹1,706.51 vs. price of ₹1,669.00 (2.2% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 59.1% above the Industrial Products median (#2377 of 2969)

No single metric tells the full story. See the NSE:TEGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tega Industries Business Description

Other Exchanges 543413:India
Address Godrej Waterside, Tower-II, Ring Road, Office No 807, 8th Floor, Block DP-5, Salt Lake Sector V, Bidhannagar, Kolkata, WB, IND, 700 091
Tega Industries Ltd is a manufacturer of specialized consumable products for the mineral beneficiation, mining, and bulk solids handling industry. The company offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components required for mining and mineral processing, screening, grinding, and material handling. It operates in India as well as outside India.
90GF Score

Get the complete analysis for NSE:TEGA

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,669.00
Price
₹1,706.51
GF Value