Saturday 17 October 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. In the quarter to June 2026, revenue grew 23.3%, EPS grew 74.8%, free cash flow grew 16.0% and total debt fell 14.9%, each against the same quarter a year earlier.
5.43
0.03
+0.56%
Follow TPCS
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 1.84 | 1.92 | 3.24 | 4.00 | 4.56 | 5.24 | 5.05 | 2.85 | 2.05 | 2.88 |
Analyst estimates 2027–2029 Powerpack |
|||
| High | 3.96 | 4.00 | 7.12 | 6.96 | 9.36 | 8.40 | 10.76 | 5.95 | 6.25 | 6.31 | |||||
| People | |||||||||||||||
| People | Employees | 102 | 98 | 95 | 94 | 93 | 159 | 155 | 162 | 152 | 160 | ||||
| Revenue/emp, $m | 0.18 | 0.19 | 0.18 | 0.17 | 0.17 | 0.14 | 0.20 | 0.20 | 0.22 | 0.20 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 19 | 19 | 17 | 16 | 16 | 22 | 31 | 32 | 34 | 32 | ||||
| Gross margin, % | 32.86 | 21.23 | 27.45 | 19.61 | 22.21 | 15.15 | 15.60 | 13.04 | 12.72 | 15.72 | |||||
| EBT | 2 | 1 | 2 | 0 | 0 | (1) | (1) | (5) | (3) | (2) | |||||
| EBT margin, % | 12.11 | 2.98 | 9.12 | (2.59) | 2.73 | (2.43) | (2.49) | (16.18) | (8.08) | (5.16) | |||||
| Net income | 5 | 0 | 1 | 0 | 0 | 0 | (1) | (7) | (3) | (2) | |||||
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 3 | |||||
| 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 | ||||
| Earnings | 0.72 | (0.04) | 0.15 | (0.04) | 0.04 | (0.04) | (0.11) | (0.81) | (0.29) | (0.17) | |||||
| Cash flow | 0.25 | 0.17 | 0.07 | 0.09 | 0.09 | 0.03 | 0.37 | 0.08 | (0.06) | 0.00 | |||||
| Capex | (0.11) | (0.13) | (0.06) | (0.01) | (0.08) | (0.12) | (0.27) | (0.30) | (0.11) | 0.09 | |||||
| Free cash flow | 0.14 | 0.05 | 0.02 | 0.09 | 0.00 | (0.08) | 0.10 | (0.22) | (0.18) | 0.09 | |||||
| Book value | 1.14 | 1.11 | 1.35 | 1.29 | 1.35 | 1.89 | 1.70 | 0.90 | 0.92 | 0.77 | |||||
| Shares, m | 7 | 7 | 7 | 7 | 7 | 8 | 9 | 9 | 9 | 10 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 4.17 | 0.00 | 26.25 | 0.00 | 108.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 1.13 | 0.80 | 1.73 | 2.32 | 2.40 | 2.46 | 1.93 | 0.97 | 0.64 | 0.94 | |||||
| P/B | 2.63 | 1.87 | 2.97 | 3.92 | 3.76 | 3.59 | 4.16 | 3.93 | 2.49 | 3.89 | |||||
| EV/Sales | 1.26 | 0.92 | 1.86 | 2.42 | 2.51 | 2.73 | 2.11 | 1.36 | 0.85 | 1.15 | |||||
| EV/FCF | 25.71 | 50.49 | 258.96 | 60.90 | 1,395.86 | (89.37) | 80.79 | (22.28) | (17.21) | 41.53 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 2 | 1 | 1 | 1 | 1 | 0 | 3 | 1 | (1) | 0 | ||||
| Capex | (1) | (1) | 0 | 0 | (1) | (1) | (2) | (3) | (1) | 1 | |||||
| Free cash flow | 1 | 0 | 0 | 1 | 0 | (1) | 1 | (2) | (2) | 1 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 5 | 5 | 6 | 6 | 5 | 3 | 6 | (3) | (2) | 0 | ||||
| Total debt | 6 | 5 | 4 | 3 | 4 | 7 | 6 | 8 | 7 | 7 | |||||
| Net debt | 3 | 2 | 2 | 2 | 2 | 6 | 5 | 7 | 7 | 6 | |||||
| Shareholders’ equity | 8 | 8 | 10 | 9 | 10 | 15 | 15 | 8 | 9 | 8 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 36.86 | (1.79) | 7.26 | (2.23) | 2.10 | (1.30) | (2.64) | (19.85) | (8.05) | (5.06) | ||||
| ROIC | 17.16 | 5.88 | 9.65 | (0.80) | 3.35 | (4.56) | (3.45) | (19.02) | (8.48) | (4.72) | |||||
| ROE | 104.76 | (3.33) | 12.42 | (3.56) | 3.30 | (2.78) | (6.56) | (62.88) | (33.22) | (20.28) | |||||
Negative figures in brackets.
Fiscal years to Mar 2026 · latest quarter Jun 2026
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| RYZ Ryerson Holding Corporation | $1.4B | — (loss-making) | — (loss-making) | +71.57% (above 0%: growing) | +400.00% (above 0%: growing) | −67.35% (below 0%: shrinking) | 17.71% | 1.71% | Compare |
| IIIN Insteel Industries, Inc. | $574.4M | 15.9× | 17.4× | +9.88% (above 0%: growing) | −41.03% (below 0%: shrinking) | −61.18% (below 0%: shrinking) | 10.17% | 5.86% | Compare |
| MEC Mayville Engineering Company, Inc. | $362.4M | — (loss-making) | — (loss-making) | +23.16% (above 0%: growing) | n/m | −153.04% (below 0%: shrinking) | 10.86% | 0.24% | Compare |
| TG Tredegar Corporation | $275.4M | 8.2× | 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 | $174.6M | — (loss-making) | 5.9× | −9.01% (below 0%: shrinking) | n/m | −44.03% (below 0%: shrinking) | 21.61% | 4.93% | Compare |
| TPCS Techprecision Corp. | $54.5M | — (loss-making) | — | +23.27% (above 0%: growing) | n/m | +16.03% (above 0%: growing) | 15.39% | (0.49%) | |
| TRSG Tungray Technologies Inc. | $17.3M | — | — | — | — | −165.61% (below 0%: shrinking) | — | — | Compare |
| MTEN Mingteng International Corporation Inc. | $7.2M | — | — | — | — | −297.60% (below 0%: shrinking) | — | — | Compare |
| HIHO Highway Holdings Limited | $3.8M | — (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 |
| Median of peers | $225.0M | — | 12.1× | +21.49% | +148.13% | −110.19% | 15.57% | 3.38% |
Techprecision Corp. (TPCS) key facts
- Concern: Techprecision Corp.’s revenue for fiscal 2026 (year ended March 2026) was $31.6 million, down 7.01% from fiscal 2025.
- Techprecision Corp. (TPCS) is a Metal Fabrication company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, TPCS traded at $5.43, a market capitalization of $54.5 million.
- Return on equity was −20.3% and debt-to-equity 0.64.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.07 (distress zone) for fiscal 2026.