Friday 6 November 2026
Export TPCS’s income statement to Excel — free account
Techprecision Corp.
TPCS Industrials Metal Fabrication
Techprecision Corp.’s revenue for fiscal 2026 (year ended March 2026) was $31.6 million, down 7.01% from fiscal 2025.
- Revenue
- +23.3%
- EPS
- +74.8%
- Free cash flow
- +16.0%
- Total debt
- −14.9%
Quarter to June 2026, against a year earlier
5.21
0.19
+3.78%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM Jun ’26 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 19 | 19 | 17 | 16 | 16 | 22 | 31 | 32 | 34 | 32 | 33 | +6.1% | — | — | — | — | |
| Gross margin, % | 32.86 | 21.23 | 27.45 | 19.61 | 22.21 | 15.15 | 15.60 | 13.04 | 12.72 | 15.72 | 16.02 | (17.1) pt | ||||||
| EBT | 2 | 1 | 2 | 0 | 0 | (1) | (1) | (5) | (3) | (2) | (1) | n/m | ||||||
| EBT margin, % | 12.11 | 2.98 | 9.12 | (2.59) | 2.73 | (2.43) | (2.49) | (16.18) | (8.08) | (5.16) | (3.56) | (17.3) pt | ||||||
| Net income | 5 | 0 | 1 | 0 | 0 | 0 | (1) | (7) | (3) | (2) | (1) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 2.66 | 2.60 | 2.31 | 2.19 | 2.12 | 2.75 | 3.66 | 3.62 | 3.60 | 3.19 | 3.30 | +2.1% | |||||
| Earnings | 0.72 | (0.04) | 0.15 | (0.04) | 0.04 | (0.04) | (0.11) | (0.81) | (0.29) | (0.17) | (0.13) | n/m | ||||||
| Cash flow | 0.25 | 0.17 | 0.07 | 0.09 | 0.09 | 0.03 | 0.37 | 0.08 | (0.06) | 0.00 | 0.12 | (48.8%) | ||||||
| Capex | (0.11) | (0.13) | (0.06) | (0.01) | (0.08) | (0.12) | (0.27) | (0.30) | (0.11) | 0.09 | (0.01) | n/m | ||||||
| Free cash flow | 0.14 | 0.05 | 0.02 | 0.09 | 0.00 | (0.08) | 0.10 | (0.22) | (0.18) | 0.09 | 0.11 | (4.6%) | ||||||
| Book value | 1.14 | 1.11 | 1.35 | 1.29 | 1.35 | 1.89 | 1.70 | 0.90 | 0.92 | 0.77 | 0.75 | (4.2%) | ||||||
| Shares, m | 7 | 7 | 7 | 7 | 7 | 8 | 9 | 9 | 9 | 10 | 10 | +4.0% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 4.17 | 0.00 | 26.25 | 0.00 | 108.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.9 | |||||
| P/S | 1.13 | 0.80 | 1.73 | 2.32 | 2.40 | 2.46 | 1.93 | 0.97 | 0.64 | 0.94 | 1.53 | 1.5 | ||||||
| P/B | 2.63 | 1.87 | 2.97 | 3.92 | 3.76 | 3.59 | 4.16 | 3.93 | 2.49 | 3.89 | 6.71 | 3.3 | ||||||
| EV/Sales | 1.26 | 0.92 | 1.86 | 2.42 | 2.51 | 2.73 | 2.11 | 1.36 | 0.85 | 1.15 | 1.67 | 1.7 | ||||||
| EV/FCF | 25.71 | 50.49 | 258.96 | 60.90 | 1,395.86 | (89.37) | 80.79 | (22.28) | (17.21) | 41.53 | 49.12 | 178.5 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 2 | 1 | 1 | 1 | 1 | 0 | 3 | 1 | (1) | 0 | 1 | (46.7%) | |||||
| Capex | (1) | (1) | 0 | 0 | (1) | (1) | (2) | (3) | (1) | 1 | 0 | n/m | ||||||
| Free cash flow | 1 | 0 | 0 | 1 | 0 | (1) | 1 | (2) | (2) | 1 | 1 | (0.8%) | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 5 | 5 | 6 | 6 | 5 | 3 | 6 | (3) | (2) | 0 | 0 | n/m | |||||
| Net debt | 3 | 2 | 2 | 2 | 2 | 6 | 5 | 7 | 7 | 6 | 5 | +11.0% | ||||||
| Shareholders’ equity | 8 | 8 | 10 | 9 | 10 | 15 | 15 | 8 | 9 | 8 | 8 | (0.4%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 36.86 | (1.79) | 7.26 | (2.23) | 2.10 | (1.30) | (2.64) | (19.85) | (8.05) | (5.06) | (3.85) | (41.9) pt | |||||
| ROIC | 17.16 | 5.88 | 9.65 | (0.80) | 3.35 | (4.56) | (3.45) | (19.02) | (8.48) | (4.72) | (3.33) | (21.9) pt | ||||||
| ROE | 104.76 | (3.33) | 12.42 | (3.56) | 3.30 | (2.78) | (6.56) | (62.88) | (33.22) | (20.28) | (15.42) | (125.0) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 102 | 98 | 95 | 94 | 93 | 159 | 155 | 162 | 152 | 160 | — | +5.1% | |||||
| Revenue/emp, $m | 0.18 | 0.19 | 0.18 | 0.17 | 0.17 | 0.14 | 0.20 | 0.20 | 0.22 | 0.20 | — | +0.9% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Mar 2026 · latest quarter Jun 2026
Techprecision Corp. vs peers in Metal Fabrication (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PRLB Proto Labs, Inc. | $1.5B | 43.3× | 47.5× | +14.00% (above 0%: growing) | +63.33% (above 0%: growing) | −34.32% (below 0%: shrinking) | 44.49% | 9.36% | Compare |
| IIIN Insteel Industries, Inc. | $521.4M | 17.9× | 18.8× | +17.94% (above 0%: growing) | −46.67% (below 0%: shrinking) | +215.30% (above 0%: growing) | 10.05% | 4.75% | Compare |
| MEC Mayville Engineering Company, Inc. | $332.8M | — (loss-making) | — (loss-making) | +18.05% (above 0%: growing) | n/m | −196.11% (below 0%: shrinking) | 11.01% | 2.55% | Compare |
| TG Tredegar Corporation | $246.0M | 7.4× | 12.1× | +19.82% (above 0%: growing) | +240.00% (above 0%: growing) | +16.12% (above 0%: growing) | 13.42% | 3.81% | Compare |
| AP Ampco-Pittsburgh Corporation | $122.9M | — (loss-making) | 5.9× | −9.01% (below 0%: shrinking) | n/m | −44.03% (below 0%: shrinking) | 21.61% | 4.93% | Compare |
| TPCS Techprecision Corp. | $50.7M | — (loss-making) | — | +23.27% (above 0%: growing) | n/m | +16.03% (above 0%: growing) | 15.39% | (0.49%) | |
| TRSG Tungray Technologies Inc. | $17.9M | — | — | — | — | −165.61% (below 0%: shrinking) | — | — | Compare |
| HIHO Highway Holdings Limited | $4.0M | — (loss-making) | — (loss-making) | +29.22% (above 0%: growing) | +56.25% (above 0%: growing) | −1,093.33% (below 0%: shrinking) | 41.77% | 2.95% | Compare |
| MTEN Mingteng International Corporation Inc. | $2.8M | — | — | — | — | −297.60% (below 0%: shrinking) | — | — | Compare |
| Median of peers | $184.5M | 17.9× | 15.5× | +18.00% | +59.79% | −104.82% | 17.52% | 4.28% |
Pay and ownership Proxy statement filed 3 September 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2026 | 357.05k | 357.05k | 83.00 |
| 2025 | 337.77k | 337.77k | 45.00 |
| 2024 | 297.99k | 286.05k | 71.00 |
| 2023 | 304.74k | 312.54k | 139.00 |
| 2022 | 356.33k | 356.33k | 133.00 |
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Read the proxy statement