Tega Industries (NSE:TEGA) Days Payable: 145.10 (As of Mar. 2026) — 53% Above Median


NSE:TEGA Tega Industries Ltd NSE:TEGA
92 GF Score
Price ₹1,643.80
GF Value ₹1,696.22
Valuation Fairly Valued
! 4 Warning Signs
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What is Tega Industries Days Payable?

Tega Industries NSE:TEGA -1.60% 92 Days Payable is 145.10 as of Mar. 2026, which is 53% above its 10-year median of 94.87. GuruFocus rates NSE:TEGA with a GF Score™ of 92/100 and a GF Value™ of ₹1,696.22 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,987 Industrial Products companies, Tega Industries ranks better than 71.78% on this metric.

Tega Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹3,335 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 Payable for the three months ended in Mar. 2026 was 145.10.

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

NSE:TEGA' s Days Payable Range Over the Past 10 Years
Min: 72.18   Med: 94.87   Max: 148.08
Current: 132.73

During the past 8 years, Tega Industries's highest Days Payable was 148.08. The lowest was 72.18. And the median was 94.87.

NSE:TEGA's Days Payable is ranked better than
71.78% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs NSE:TEGA: 132.73

Tega Industries's Days Payable increased from Mar. 2025 (90.20) to Mar. 2026 (145.10). It may suggest that Tega Industries delayed paying its suppliers.


Tega Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Tega Industries's Days Payable 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 Payable Chart

Tega Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 88.59 72.18 83.49 106.01 148.08

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 Payable 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 90.20 138.96 104.40 107.90 145.10

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

For the Specialty Industrial Machinery subindustry, Tega Industries's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Industrial Products Industry

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

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


NSE:TEGA
92GF Score
Tega Industries Ltd NSE:TEGA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tega Industries Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (2223.22 + 3335.43) / 2 ) / 6850.6*365
=2779.325 / 6850.6*365
=148.08

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

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 3335.43) / 1 ) / 2097.56*365 / 4
=3335.43 / 2097.56*365 / 4
=145.10

* 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 Payable →
What does a Days Payable of 145.10 mean?
Tega Industries (NSE:TEGA) has a Days Payable of 145.10 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tega Industries and its competitors. This is 53% above median its historical median of 94.87. Over the past decade, Tega Industries' Days Payable has ranged from 72.18 to 148.08. According to the industry distribution chart, Tega Industries ranks #843 out of 2987 companies in the Industrial Products industry, placing it in the top 28.2%.
Is Tega Industries' Days Payable too high?
Tega Industries' current Days Payable of 145.10 is 53% above median its 10-year median of 94.87. Over the past 10 years, this metric has ranged from a low of 72.18 to a high of 148.08. The Industrial Products industry median Days Payable is 78.05. Tega Industries' value of 145.10 is 85.9% above this industry median. Based on the distribution chart, Tega Industries ranks #843 out of 2987 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tega Industries has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tega Industries' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tega Industries ranks #843 out of 2987 companies for Days Payable. This puts Tega Industries in the upper half of its industry. The industry median Days Payable is 78.05. Tega Industries' value of 145.10 is 85.9% above this benchmark. Historically, Tega Industries' own Days Payable has ranged from 72.18 to 148.08 over the past decade. While the company's 10-year median is 94.87 vs. the industry median of 78.05, 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 Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tega Industries's current Days Payable of 145.10 is 85.9% 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tega Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tega Industries's current Days Payable is 145.10, which is 53% above median its own 10-year median of 94.87. 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 ₹1,696.22, compared to a current price of ₹1,643.80 — trading 3.1% below its estimated fair value. The current Days Payable is 145.10, which is 53% above median its 10-year median of 94.87 and 85.9% above the Industrial Products industry median of 78.05. Tega Industries' overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Tega Industries (NSE:TEGA), the current Days Payable is 145.10 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 ₹1,643.80 is trading 3.1% below its estimated GF Value™ of ₹1,696.22. GuruFocus considers Tega Industries to be Fairly Valued.

Key valuation signals for NSE:TEGA:

  • Days Payable: 145.10 (53% above median its 10-year median of 94.87)
  • GF Value™: ₹1,696.22 vs. price of ₹1,643.80 (3.1% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 85.9% above the Industrial Products median (#843 of 2987)

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.
92GF Score

Get the complete analysis for NSE:TEGA

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

₹1,643.80
Price
₹1,696.22
GF Value