TPCSNasdaqFabricated Structural Metal ProductsFiscal year ends March 31
TECHPRECISION CORP
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$5.41−0.02 (-0.37%)
Close on Oct 19, 2026
- Market cap
- $54.64M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
15.7%−6.5 pts over 5 years
Operating margin
-3.4%−7.4 pts over 5 years
Net margin
-5.3%−7.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -7.0% | +0.2% | +15.2% | +6.5% | |
| Gross profit | +14.9% | +0.5% | +7.5% | -1.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 3.3% | -20.3% | |
| Return on assets | – | 2.1% | -5.1% | |
| Current ratio | 2.90 | 2.10 | 0.98 | |
| Debt to equity | 0.70 | 0.38 | – | |
| Net debt to EBITDA | 0.71× | 1.27× | – | |
| Interest coverage | 4.5× | 3.1× | -2.2× | |
| Inventory turnover | – | – | – | |
| Capex to revenue | 4.2% | 3.5% | 10.3% | |
| Diluted shares | 7M | 8M | 10M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Techprecision generated $4.73M from operations and spent $13.88M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$4.73M
Used
$13.88M
Capital expenditure$13.88M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-5.3%
×Asset turnover0.96×
×Equity multiplier4.01×
=Return on equity, FY2026-20.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -5.3% | 0.96× | 4.01× | -20.3% |
| FY2025 | -8.1% | 1.00× | 4.13× | -33.2% |
| FY2024 | -22.3% | 0.89× | 3.17× | -62.9% |
| FY2023 | -3.1% | 0.85× | 2.48× | -6.6% |
| FY2022 | -1.6% | 0.83× | 2.14× | -2.8% |
| FY2021 | 2.1% | 1.02× | 1.58× | 3.3% |
| FY2019 | 6.6% | 1.10× | 1.71× | 12.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$1.66M
- Cash generatingOperating cash flow above zero$6.00K
- Return on assets improvedROA up on the prior year-7.9% → -5.0%
- Earnings backed by cashOperating cash flow above net income$6.00K vs -$1.66M
- Less leverageLong-term debt to assets fell0.0% → –
- Better liquidityCurrent ratio rose0.91 → 0.98
- No dilutionShare count did not rise9M → 10M
- Gross margin improvedGross margin up on the prior year12.72% → 15.72%
- More efficientAsset turnover rose0.98 → 0.94