Income Statement TechPrecision Corporation

Stocks

TPCS

US8787392005

Industrial Machinery & Equipment

Market Closed - Nasdaq Other stock markets 01:30:00 18/07/2026 am IST			5-day change	1st Jan Change
4.580 ^USD	+0.22%		-4.58%	-5.18%

29/06	TechPrecision Corporation(NasdaqCM:TPCS) added to Russell 3000E Index	CI
29/06	TechPrecision Corporation(NasdaqCM:TPCS) added to Russell 3000E Growth Benchmark	CI

67.QU5XD_GprvAkqhN6hn_QSahomXKuCZrG6l0ykVM2I4A.JxEHbcmQ-b5um1wl00u3ccwyrUbMe-31rg9b5ApSVswYfA82vtntoR3TcA

Published financial data: TECHPRECISION CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	2.23Cr	3.14Cr	3.16Cr	3.4Cr	3.16Cr
Total Revenues	2.23Cr	3.14Cr	3.16Cr	3.4Cr	3.16Cr
Cost of Goods Sold, Total	1.89Cr	2.65Cr	2.75Cr	2.97Cr	2.67Cr
Gross Profit	33.77L	49.04L	41.18L	43.29L	49.75L
Selling General & Admin Expenses, Total	46.18L	60.09L	57.83L	60.68L	60.42L
Other Operating Expenses, Total	46.18L	60.09L	57.83L	60.68L	60.42L
Operating Income	-12.42L	-11.05L	-16.65L	-17.39L	-10.67L
Interest Expense, Total	-3L	-4L	-5L	-5L	-5L
Interest And Investment Income	-	-	-	-	2T
Net Interest Expenses	-3L	-4L	-5L	-5L	-5L
Other Non Operating Income (Expenses)	3.04T	33.72T	2.96T	-51T	-
EBT, Excl. Unusual Items	-15.08L	-14.27L	-21.83L	-23.31L	-15.5L
Merger & Related Restructuring Charges	-3L	-	-18.5L	-	-
Gain (Loss) On Sale Of Assets	22.01T	-	-	-	-
Insurance Settlements	-	-	40.4T	-	-
Legal Settlements	10T	-	-	-	-
Other Unusual Items	12.54L	6L	-11.17L	-4L	-83T
EBT, Incl. Unusual Items	-5L	-8L	-51.1L	-27.5L	-16.33L
Income Tax Expense	-2L	2L	19.32L	-2T	31T
Earnings From Continuing Operations	-3L	-10L	-70.42L	-27.48L	-16.64L
Net Income to Company	-3L	-10L	-70.42L	-27.48L	-16.64L
Net Income - (IS)	-3L	-10L	-70.42L	-27.48L	-16.64L
Net Income to Common Incl Extra Items	-3L	-10L	-70.42L	-27.48L	-16.64L
Net Income to Common Excl. Extra Items	-3L	-10L	-70.42L	-27.48L	-16.64L
Per Share Items
Net EPS - Basic	-0.04	-0.11	-0.81	-0.29	-0.17
Basic EPS - Continuing Operations	-0.04	-0.11	-0.81	-0.29	-0.17
Basic Weighted Average Shares Outstanding	80.95L	85.96L	87.17L	94.59L	99.13L
Net EPS - Diluted	-0.04	-0.11	-0.81	-0.29	-0.17
Diluted EPS - Continuing Operations	-0.04	-0.11	-0.81	-0.29	-0.17
Diluted Weighted Average Shares Outstanding	80.95L	85.96L	87.17L	94.59L	99.13L
Normalized Basic EPS	-0.12	-0.1	-0.16	-0.15	-0.1
Normalized Diluted EPS	-0.12	-0.1	-0.16	-0.15	-0.1
Supplemental Items
EBITDA	-1L	5L	96.08T	4L	10L
EBITA	-12.42L	-11.05L	-16.65L	-17.39L	-10.67L
EBIT	-12.42L	-11.05L	-16.65L	-17.39L	-10.67L
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	35.48	-24.97	-37.81	0.07	-1.9
Current Domestic Taxes	-	-	1.04T	-2T	31T
Total Current Taxes	-	-	1.04T	-2T	31T
Deferred Domestic Taxes	-2L	2L	19.31L	-	-
Total Deferred Taxes	-2L	2L	19.31L	-	-
Normalized Net Income	-9L	-9L	-13.65L	-14.57L	-10L
Interest Capitalized	-	14.3T	18.64T	1T	-
Interest on Long-Term Debt	3L	4L	5L	5L	5L
Supplemental Operating Expense Items
General and Administrative Expenses	21.33L	31.85L	34.41L	35.83L	27.36L
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	2L	3L	14.02L	5L	6L
Total Stock-Based Compensation	2L	3L	14.02L	5L	6L

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	10.52L	5L	1L	2L	4L
Short Term Investments	-	21.71T	19.8T	30T	20T
Total Cash And Short Term Investments	10.52L	6L	2L	2L	5L
Accounts Receivable, Total	1.14Cr	1.13Cr	1.09Cr	1.18Cr	1.33Cr
Other Receivables	10.94L	-	-	-	-
Total Receivables	1.25Cr	1.13Cr	1.09Cr	1.18Cr	1.33Cr
Inventory	22.35L	24.13L	32.5L	28.82L	29.54L
Prepaid Expenses	3L	3L	5L	4L	5L
Other Current Assets, Total	30.77T	4.56T	43.12T	30T	6L
Total Current Assets	1.61Cr	1.46Cr	1.48Cr	1.53Cr	1.77Cr
Gross Property Plant And Equipment	3.1Cr	3.33Cr	3.58Cr	3.68Cr	3.6Cr
Accumulated Depreciation	-1.15Cr	-1.37Cr	-1.61Cr	-1.88Cr	-2.16Cr
Net Property Plant And Equipment	1.95Cr	1.96Cr	1.98Cr	1.81Cr	1.44Cr
Deferred Tax Assets Long-Term	21.27L	19.31L	-	-	-
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	1L	1L	1L	1L	1L
Total Assets	3.79Cr	3.62Cr	3.47Cr	3.35Cr	3.23Cr
Liabilities
Accounts Payable, Total	34.27L	22.24L	14.08L	24.37L	24.15L
Accrued Expenses, Total	16.09L	17.33L	28.92L	19.77L	21.08L
Current Portion of Long-Term Debt	40.93L	12.18L	75.59L	73.53L	68.84L
Current Portion of Leases	6L	7L	7L	8L	8L
Current Income Taxes Payable	-	-	-	-	31T
Unearned Revenue Current, Total	17.65L	23.34L	37.88L	10.4L	29.17L
Other Current Liabilities	18.27L	8L	13.71L	33.39L	30.12L
Total Current Liabilities	1.33Cr	90.21L	1.78Cr	1.69Cr	1.82Cr
Long-Term Debt	31.15L	47.49L	-	3T	-
Long-Term Leases	58.54L	51.44L	44.08L	36.38L	28.64L
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	3L	26.99L	47.82L	42.3L	35.68L
Total Liabilities	2.26Cr	2.16Cr	2.69Cr	2.48Cr	2.46Cr
Common Stock, Total	3.43T	861	878	1T	1T
Additional Paid In Capital	1.46Cr	1.49Cr	1.52Cr	1.89Cr	1.95Cr
Retained Earnings	6L	-4L	-73.99L	-1.01Cr	-1.18Cr
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	1.53Cr	1.46Cr	78.03L	87.4L	76.73L
Total Equity	1.53Cr	1.46Cr	78.03L	87.4L	76.73L
Total Liabilities And Equity	3.79Cr	3.62Cr	3.47Cr	3.35Cr	3.23Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	85.77L	86.13L	96.19L	97.78L	1Cr
ECS Total Common Shares Outstanding	85.77L	86.13L	87.77L	97.52L	1Cr
Book Value / Share	1.78	1.69	0.89	0.9	0.77
Tangible Book Value	1.53Cr	1.46Cr	78.03L	87.4L	76.73L
Tangible Book Value Per Share	1.78	1.69	0.89	0.9	0.77
Total Debt	1.37Cr	1.18Cr	1.27Cr	1.18Cr	1.05Cr
Net Debt	1.26Cr	1.13Cr	1.25Cr	1.15Cr	1.01Cr
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	9L	16.93L	18.27L	18L	19.27L
Inventories - Work In Process, Total	13.6L	7L	14.23L	10.82L	10.27L
Land - (BS)	1L	1L	1L	1L	1L
Buildings, Total	32.9L	32.94L	32.94L	32.94L	32.94L
Machinery, Total	2.09Cr	2.3Cr	2.56Cr	2.66Cr	2.57Cr
Full Time Employees	159	155	162	152	160
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	53T	-
Order Backlog	4.73Cr	4.4Cr	5Cr	4.86Cr	5.22Cr

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	-3L	-10L	-70.42L	-27.48L	-16.64L
Depreciation & Amortization - CF	14.6L	22.17L	24.29L	27.96L	27.94L
Depreciation & Amortization, Total	14.6L	22.17L	24.29L	27.96L	27.94L
Amortization of Deferred Charges, Total - (CF)	48.25T	59.92T	1L	1L	2L
(Gain) Loss From Sale Of Asset	-	-468	-39.13T	1T	-
Stock-Based Compensation (CF)	2L	3L	3L	1L	6L
Provision and Write-off of Bad Debts	-2L	-2L	2L	1L	-53T
Other Operating Activities, Total	-14.59L	2L	30.48L	4L	-
Change In Accounts Receivable	2L	75.19T	4L	-8L	-15.71L
Change In Inventories	-42.49T	-2L	-8L	4L	-72T
Change In Accounts Payable	2L	-12.03L	-8L	10.29L	-22T
Change in Unearned Revenues	13.9L	6L	14.54L	-11.17L	14.98L
Change In Income Taxes	-	-	-	-	31T
Change in Other Net Operating Assets	-11.73L	23.73L	21.39L	-8L	-17.23L
Cash from Operations	3L	31.38L	13.05L	-6L	6T
Capital Expenditure	-9L	-23.25L	-32.3L	-41.22L	-32.65L
Sale of Property, Plant, and Equipment	-	7T	-	-	-
Cash Acquisitions	-77.96L	-	-	-	-
Other Investing Activities, Total	-	-	61.94T	30.41L	41.33L
Cash from Investing	-87.35L	-23.18L	-31.68L	-10.81L	9L
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	86.12L	1.09Cr	71.6L	1.39Cr	1.82Cr
Total Debt Issued	86.12L	1.09Cr	71.6L	1.39Cr	1.82Cr
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-42.31L	-1.22Cr	-56.42L	-1.42Cr	-1.86Cr
Total Debt Repaid	-42.31L	-1.22Cr	-56.42L	-1.42Cr	-1.86Cr
Issuance of Common Stock	35.23L	-	-	22.99L	-
Repurchase of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-5L	-57.72T	-50.36T	-3L	-2L
Cash from Financing	73.98L	-13.37L	14.67L	17.37L	-6L
Foreign Exchange Rate Adjustments	-	-	-	-	-
Miscellaneous Cash Flow Adjustments	-1	-	-	-	-
Net Change in Cash	-10.79L	-5L	-4L	57T	2L
Supplemental Items
Cash Interest Paid	2L	3L	4L	4L	4L
Cash Income Tax Paid (Refund)	-	-	-	-	4T
Levered Free Cash Flow	-10.26L	-12.75L	10.41L	-32.21L	-11.17L
Unlevered Free Cash Flow	-9L	-11.12L	12.6L	-29.86L	-10L
Change In Net Working Capital	8L	6L	-17L	10.95L	5L
Net Debt Issued / Repaid	43.81L	-12.79L	15.18L	-2L	-4L

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	-2.88	-1.87	-2.93	-3.18	-2.03
Return on Total Capital	-3.64	-2.5	-4.44	-5.3	-3.44
Return On Equity %	-2.78	-6.56	-62.88	-33.22	-20.28
Return on Common Equity	-2.78	-6.56	-62.88	-33.22	-20.28
Margin Analysis
Gross Profit Margin %	15.15	15.6	13.04	12.72	15.72
SG&A Margin	20.73	19.12	18.31	17.83	19.09
EBITDA Margin %	-0.65	1.51	0.3	1.05	3.14
EBITA Margin %	-5.57	-3.52	-5.27	-5.11	-3.37
EBIT Margin %	-5.57	-3.52	-5.27	-5.11	-3.37
Income From Continuing Operations Margin %	-1.57	-3.11	-22.29	-8.07	-5.26
Net Income Margin %	-1.57	-3.11	-22.29	-8.07	-5.26
Net Avail. For Common Margin %	-1.57	-3.11	-22.29	-8.07	-5.26
Normalized Net Income Margin	-4.23	-2.84	-4.32	-4.28	-3.06
Levered Free Cash Flow Margin	-4.6	-4.05	3.3	-9.46	-3.53
Unlevered Free Cash Flow Margin	-4.06	-3.54	3.99	-8.77	-3.06
Asset Turnover
Asset Turnover	0.83	0.85	0.89	1	0.96
Fixed Assets Turnover	1.89	1.61	1.61	1.8	1.95
Receivables Turnover (Average Receivables)	2.55	2.78	2.85	3	2.52
Inventory Turnover (Average Inventory)	10.79	11.42	9.7	9.69	9.14
Short Term Liquidity
Current Ratio	1.21	1.62	0.84	0.91	0.98
Quick Ratio	1.01	1.31	0.62	0.71	0.76
Operating Cash Flow to Current Liabilities	0.02	0.35	0.07	-0.04	0
Days Sales Outstanding (Average Receivables)	143.33	131.48	128.5	121.61	144.61
Days Outstanding Inventory (Average Inventory)	33.84	31.97	37.72	37.68	39.94
Average Days Payable Outstanding	36.08	38.62	23.48	23.92	33.11
Cash Conversion Cycle (Average Days)	141.09	124.83	142.73	135.37	151.44
Long Term Solvency
Total Debt/Equity	89.46	81.01	162.79	134.6	137.47
Total Debt / Total Capital	47.22	44.76	61.95	57.37	57.89
LT Debt/Equity	58.76	67.79	56.49	41.66	37.33
Long-Term Debt / Total Capital	31.01	37.45	21.5	17.76	15.72
Total Liabilities / Total Assets	59.68	59.69	77.54	73.93	76.22
EBIT / Interest Expense	-4.61	-3.11	-3.2	-3.21	-2.2
EBITDA / Interest Expense	0.49	1.33	0.18	0.66	3.55
(EBITDA - Capex) / Interest Expense	-3	-5.21	-6.01	-6.96	-3.18
Total Debt / EBITDA	104.28	24.97	132.21	32.95	6.12
Net Debt / EBITDA	96.25	23.79	130.57	32.32	5.86
Total Debt / (EBITDA - Capex)	-16.9	-6.38	-4.05	-3.12	-6.84
Net Debt / (EBITDA - Capex)	-15.6	-6.08	-4	-3.06	-6.55
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	42.88	41.06	0.51	7.72	-7.01
Gross Profit, 1 Yr. Growth %	-2.53	45.23	-16.02	5.12	14.92
EBITDA, 1 Yr. Growth %	-107.91	-428.16	-79.71	271.88	178.43
EBITA, 1 Yr. Growth %	-210.53	-10.98	50.67	4.44	-38.64
EBIT, 1 Yr. Growth %	-210.53	-10.98	50.67	4.44	-38.64
Earnings From Cont. Operations, 1 Yr. Growth %	-209.11	179.85	619.32	-60.98	-39.45
Net Income, 1 Yr. Growth %	-209.11	179.85	619.32	-60.98	-39.45
Normalized Net Income, 1 Yr. Growth %	-262.92	-5.36	52.99	8.77	-33.5
Diluted EPS Before Extra, 1 Yr. Growth %	-208.04	163.54	611.21	-64.04	-42.22
Accounts Receivable, 1 Yr. Growth %	84.99	-0.66	-3.42	8.08	12.88
Inventory, 1 Yr. Growth %	75.8	7.96	34.7	-11.32	2.5
Net Property, Plant and Equip., 1 Yr. Growth %	380.82	0.2	1.03	-8.68	-20.13
Total Assets, 1 Yr. Growth %	136.52	-4.35	-4.04	-3.51	-3.74
Tangible Book Value, 1 Yr. Growth %	53.53	-4.39	-46.53	12.01	-12.21
Common Equity, 1 Yr. Growth %	53.53	-4.39	-46.53	12.01	-12.21
Cash From Operations, 1 Yr. Growth %	-59.45	1.12T	-58.42	-182.28	-101
Capital Expenditures, 1 Yr. Growth %	52.06	147.63	38.92	27.62	-20.79
Levered Free Cash Flow, 1 Yr. Growth %	-942.87	26.88	-185.49	-409.17	-65.32
Unlevered Free Cash Flow, 1 Yr. Growth %	-560.24	25.76	-219.37	-336.89	-67.62
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	17.98	41.97	19.07	4.05	0.08
Gross Profit, 2 Yr. CAGR %	3.71	18.97	10.44	-6.04	9.91
EBITDA, 2 Yr. CAGR %	-63.25	-49.04	-18.4	-13.17	221.78
EBITA, 2 Yr. CAGR %	87.35	-0.81	15.81	25.44	-19.95
EBIT, 2 Yr. CAGR %	87.35	-0.81	15.81	25.44	-19.95
Earnings From Cont. Operations, 2 Yr. CAGR %	1.2	74.74	348.67	67.54	-51.39
Net Income, 2 Yr. CAGR %	1.2	74.74	348.67	67.54	-51.39
Normalized Net Income, 2 Yr. CAGR %	383.92	24.18	20.33	27.8	-14.95
Diluted EPS Before Extra, 2 Yr. CAGR %	-3.8	68.74	332.94	59.71	-54.42
Accounts Receivable, 2 Yr. CAGR %	43.78	35.56	-2.05	2.17	10.46
Inventory, 2 Yr. CAGR %	35.47	37.77	20.59	9.3	-4.66
Net Property, Plant and Equip., 2 Yr. CAGR %	116.12	119.49	0.61	-3.95	-14.59
Total Assets, 2 Yr. CAGR %	61.12	50.41	-4.19	-3.77	-3.63
Tangible Book Value, 2 Yr. CAGR %	26.96	21.16	-28.5	-22.61	-0.84
Common Equity, 2 Yr. CAGR %	26.96	21.16	-28.5	-22.61	-0.84
Cash From Operations, 2 Yr. CAGR %	-38.28	122.15	124.96	-56.31	-90.92
Capital Expenditures, 2 Yr. CAGR %	385.54	94.05	85.47	33.14	0.54
Levered Free Cash Flow, 2 Yr. CAGR %	-4.57	223.64	1.82	62.61	3.55
Unlevered Free Cash Flow, 2 Yr. CAGR %	-14.95	137.76	19.38	68.16	-12.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.08	25.22	26.53	15.16	0.22
Gross Profit, 3 Yr. CAGR %	-9.69	16.03	5.93	8.64	0.48
EBITDA, 3 Yr. CAGR %	-61.8	-23.76	-62.51	35.25	28.04
EBITA, 3 Yr. CAGR %	-12.26	46.19	14.03	11.89	-1.17
EBIT, 3 Yr. CAGR %	-12.26	46.19	14.03	11.89	-1.17
Earnings From Cont. Operations, 3 Yr. CAGR %	-31.76	42.05	180.05	98.79	19.34
Net Income, 3 Yr. CAGR %	-31.76	42.05	180.05	98.79	19.34
Normalized Net Income, 3 Yr. CAGR %	0.35	180.9	33.12	15.63	2.79
Diluted EPS Before Extra, 3 Yr. CAGR %	-34.31	34.61	172.57	88.73	13.8
Accounts Receivable, 3 Yr. CAGR %	28.12	27.11	21.07	1.22	5.62
Inventory, 3 Yr. CAGR %	21.68	25.6	36.74	8.85	6.98
Net Property, Plant and Equip., 3 Yr. CAGR %	59	67.27	69.47	-2.59	-9.68
Total Assets, 3 Yr. CAGR %	33.12	35.42	29.49	-3.96	-3.76
Tangible Book Value, 3 Yr. CAGR %	16.27	15.51	-7.76	-16.96	-19.29
Common Equity, 3 Yr. CAGR %	16.27	15.51	-7.76	-16.96	-19.29
Cash From Operations, 3 Yr. CAGR %	-21.42	66.75	27.08	32.44	-87.59
Capital Expenditures, 3 Yr. CAGR %	28.1	287.93	73.59	63.74	11.98
Levered Free Cash Flow, 3 Yr. CAGR %	19.96	4.21	104.56	47.46	-2.85
Unlevered Free Cash Flow, 3 Yr. CAGR %	28.41	-3.87	85.72	50.02	-2.89
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.73	10.91	13.59	16.28	15.2
Gross Profit, 5 Yr. CAGR %	-11.14	4.28	-2.12	6.64	7.51
EBITDA, 5 Yr. CAGR %	-43.24	-22.3	-48.25	-19.69	-11.43
EBITA, 5 Yr. CAGR %	-6.73	2.7	-1.95	37.51	-1.02
EBIT, 5 Yr. CAGR %	-6.73	2.7	-1.95	37.51	-1.02
Earnings From Cont. Operations, 5 Yr. CAGR %	-41.44	29.78	44.95	51.74	39
Net Income, 5 Yr. CAGR %	-41.44	29.78	44.95	51.74	39
Normalized Net Income, 5 Yr. CAGR %	6.06	20.64	7.91	105	10.86
Diluted EPS Before Extra, 5 Yr. CAGR %	-43.03	23.28	39.66	44.14	33.22
Accounts Receivable, 5 Yr. CAGR %	43.44	44.44	15.07	16.47	16.71
Inventory, 5 Yr. CAGR %	73.59	2.93	21.24	18.81	18.37
Net Property, Plant and Equip., 5 Yr. CAGR %	31.8	30.35	32.4	33.98	28.84
Total Assets, 5 Yr. CAGR %	19.58	20.45	16.71	18.12	15.06
Tangible Book Value, 5 Yr. CAGR %	13.88	12.74	-4.28	-1.59	-5.05
Common Equity, 5 Yr. CAGR %	13.88	12.74	-4.28	-1.59	-5.05
Cash From Operations, 5 Yr. CAGR %	-31.66	20.09	19.69	-2.41	-60.65
Capital Expenditures, 5 Yr. CAGR %	3.57	18.51	48.54	152.92	39.52
Levered Free Cash Flow, 5 Yr. CAGR %	10.06	99.6	11.88	23.39	55.8
Unlevered Free Cash Flow, 5 Yr. CAGR %	22.08	37.26	24.13	18.99	37.5