Having commenced its operation in 1978, Tega Industries is a leading manufacturer of ‘critical to operate’ and recurring consumable products and is the 2nd largest producers globally of polymer-based mill liners based on revenues. These products have application in global mineral beneficiation, mining and bulk solids handling industries and are not linked to capex as they cater to the after-market spend of a mining processing unit. Its focus end customer industries are mineral processing sites involved in gold and copper ore beneficiation which combined averaged ~62% (34.92% and 27.25% respectively) of revenues from products over FY19-21. The company has six manufacturing sites of which, three are in India and one each in major mining hubs – Chile, South Africa, and Australia. ~86% of its revenue was derived from operation outside of India
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