TechPrecision Corporation (TPCS) 10-Year Financial Performance & Capital Metrics

TPCS • • Industrial / General

IndustrialsMetal FabricationPrecision Manufacturing & ToolingPrecision Molds & Tooling

AboutTechPrecision Corporation, together with its subsidiaries, manufactures and sells precision, fabricated, and machined metal structural components and systems in the United States. The company operates through two segments, Ranor and Stadco. It provides custom components for ships, submarines, military helicopters, aerospace equipment, components for nuclear power plants, and components for medical systems. The company also provides support services to its manufacturing capabilities comprising manufacturing engineering, quality control, materials procurement, production control, and final assembly. Its finished products are used various markets, including defense, aerospace, nuclear, medical, and precision industrial. TechPrecision Corporation was founded in 1956 and is headquartered in Westminster, Massachusetts.Show more

Revenue $34M +7.7%
EBITDA $638K +129.0%
Net Income -$3M +61.0%
EPS (Diluted) -0.29 +64.2%
Gross Margin 12.72% -2.4%
EBITDA Margin 1.87% +126.9%
Operating Margin -6.34% +56.8%
Net Margin -8.08% +63.8%
ROE -33.22% +47.2%
ROIC -7.96% +47.0%
Debt/Equity 1.35 -17.3%
Interest Coverage -3.99 +55.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 16.3%
✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y6.44%

5Y16.28%

3Y15.16%

TTM1.15%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM94.3%

EPS CAGR

10Y-

5Y-

3Y-

TTM94.3%

ROCE

10Y Avg5.18%

5Y Avg-8.28%

3Y Avg-12.7%

Latest-12.84%

Peer Comparison

Precision Molds & Tooling

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MTENMingteng International Corporation Inc.	6.14M	0.03	-0.03	24.04%	-22.3%	-48.23%		0.17
TPCSTechPrecision Corporation	50.57M	5.05	-17.41	7.72%	-1.37%	-5.04%		1.35

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	16.85M	18.55M	18.73M	16.7M	16.01M	15.6M	22.28M	31.43M	31.59M	34.03M
Revenue Growth %	-0.08%	0.1%	0.01%	-0.11%	-0.04%	-0.03%	0.43%	0.41%	0.01%	0.08%
Cost of Goods Sold+	11.36M	12.45M	14.75M	12.12M	12.87M	12.13M	18.91M	26.53M	27.47M	29.7M
COGS % of Revenue	0.67%	0.67%	0.79%	0.73%	0.8%	0.78%	0.85%	0.84%	0.87%	0.87%
Gross Profit+	5.49M	6.1M	3.98M	4.58M	3.14M	3.46M	3.38M	4.9M	4.12M	4.33M
Gross Margin %	0.33%	0.33%	0.21%	0.27%	0.2%	0.22%	0.15%	0.16%	0.13%	0.13%
Gross Profit Growth %	1.38%	0.11%	-0.35%	0.15%	-0.32%	0.1%	-0.03%	0.45%	-0.16%	0.05%
Operating Expenses+	3.39M	4.34M	3.01M	2.75M	3.28M	2.84M	4.94M	6.01M	8.75M	6.49M
OpEx % of Revenue	0.2%	0.23%	0.16%	0.16%	0.2%	0.18%	0.22%	0.19%	0.28%	0.19%
Selling, General & Admin	3.39M	4.34M	3.01M	2.75M	2.79M	2.84M	4.62M	6.01M	8.75M	6.49M
SG&A % of Revenue	0.2%	0.23%	0.16%	0.16%	0.17%	0.18%	0.21%	0.19%	0.28%	0.19%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1.2K	8.44K	4.27K	0	495K	4.6K	320K	0	0	0
Operating Income+	2.11M	2.88M	967.3K	1.84M	-141.28K	623.25K	-1.56M	-1.11M	-4.63M	-2.16M
Operating Margin %	0.13%	0.16%	0.05%	0.11%	-0.01%	0.04%	-0.07%	-0.04%	-0.15%	-0.06%
Operating Income Growth %	1.95%	0.37%	-0.66%	0.9%	-1.08%	5.41%	-3.51%	0.29%	-3.19%	0.53%
EBITDA+	2.86M	3.57M	1.67M	2.59M	576.29K	1.33M	-464.3K	1.11M	-2.2M	638K
EBITDA Margin %	0.17%	0.19%	0.09%	0.15%	0.04%	0.09%	-0.02%	0.04%	-0.07%	0.02%
EBITDA Growth %	3.06%	0.25%	-0.53%	0.55%	-0.78%	1.3%	-1.35%	3.4%	-2.98%	1.29%
D&A (Non-Cash Add-back)	747.55K	689.29K	704.28K	749.75K	717.58K	704.05K	1.1M	2.22M	2.43M	2.8M
EBIT	2.11M	2.89M	971.57K	1.88M	-118.53K	627.85K	-1.24M	-427.81K	-4.59M	-2.21M
Net Interest Income+	-752.28K	-644.02K	-412.99K	-354.82K	-296.08K	-202.34K	-269.38K	-355.61K	-521.11K	-541K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	752.28K	644.02K	412.99K	354.82K	296.08K	202.34K	269.38K	355.61K	521.11K	541K
Other Income/Expense	-751.05K	-635.58K	-408.72K	-313.79K	-273.33K	-197.74K	1.02M	321.8K	-477.75K	-592K
Pretax Income+	1.36M	2.25M	558.58K	1.52M	-414.61K	425.51K	-542.19K	-783.42K	-5.11M	-2.75M
Pretax Margin %	0.08%	0.12%	0.03%	0.09%	-0.03%	0.03%	-0.02%	-0.02%	-0.16%	-0.08%
Income Tax+	-768	-2.83M	824.49K	423.36K	-73.04K	104.88K	-192.35K	195.58K	1.93M	-2K
Effective Tax Rate %	1%	2.26%	-0.48%	0.72%	0.82%	0.75%	0.65%	1.25%	1.38%	1%
Net Income+	1.36M	5.08M	-265.91K	1.1M	-341.57K	320.63K	-349.83K	-979.01K	-7.04M	-2.75M
Net Margin %	0.08%	0.27%	-0.01%	0.07%	-0.02%	0.02%	-0.02%	-0.03%	-0.22%	-0.08%
Net Income Growth %	1.38%	2.74%	-1.05%	5.14%	-1.31%	1.94%	-2.09%	-1.8%	-6.19%	0.61%
Net Income (Continuing)	1.36M	5.08M	-265.91K	1.1M	-341.57K	320.63K	-349.83K	-979.01K	-7.04M	-2.75M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.20	0.72	-0.04	0.15	-0.05	0.04	-0.04	-0.11	-0.81	-0.29
EPS Growth %	1.34%	2.6%	-1.05%	5.07%	-1.31%	1.88%	-2.05%	-1.55%	-6.36%	0.64%
EPS (Basic)	0.20	0.72	-0.04	0.15	-0.05	0.04	-0.04	-0.11	-0.81	-0.29
Diluted Shares Outstanding	6.64M	7.15M	7.21M	7.57M	7.31M	7.76M	8.1M	8.6M	8.72M	9.46M
Basic Shares Outstanding	6.6M	6.98M	7.21M	7.22M	7.31M	7.36M	8.1M	8.6M	8.72M	9.46M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	6.41M	7.6M	7.02M	9.18M	8.25M	9.92M	16.07M	14.58M	14.85M	15.35M
Cash & Short-Term Investments	1.33M	3.07M	2.69M	2.04M	930.86K	2.13M	1.05M	534.47K	138.4K	195K
Cash Only	1.33M	3.07M	2.69M	2.04M	930.86K	2.13M	1.05M	534.47K	138.4K	195K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	4.42M	3.97M	3.68M	5.4M	5.49M	6.16M	11.36M	11.28M	10.9M	11.78M
Days Sales Outstanding	95.68	78.07	71.73	118.03	125.3	144.1	186.07	131.04	125.91	126.34
Inventory	128.59K	141.79K	202.74K	1.24M	1.22M	1.29M	2.23M	2.41M	3.25M	2.88M
Days Inventory Outstanding	4.13	4.16	5.02	37.36	34.54	38.76	43.14	33.2	43.17	35.42
Other Current Assets	112.2K	16.93K	140.09K	235.66K	320.38K	7.26K	1.09M	0	43.12K	30K
Total Non-Current Assets+	5.72M	8.41M	7.26M	6.87M	6.33M	6.8M	21.78M	21.63M	19.9M	18.18M
Property, Plant & Equipment	4.81M	4.91M	5.2M	4.86M	4.18M	4.06M	19.54M	19.57M	19.78M	18.06M
Fixed Asset Turnover	3.50x	3.78x	3.60x	3.44x	3.83x	3.84x	1.14x	1.61x	1.60x	1.88x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	223.69K	100K	6.86K	6.23K	32.6K	84.62K	121.26K	121.26K	121.26K	122K
Total Assets+	12.13M	16M	14.28M	16.05M	14.58M	16.72M	37.85M	36.21M	34.75M	33.53M
Asset Turnover	1.39x	1.16x	1.31x	1.04x	1.10x	0.93x	0.59x	0.87x	0.91x	1.02x
Asset Growth %	0.07%	0.32%	-0.11%	0.12%	-0.09%	0.15%	1.26%	-0.04%	-0.04%	-0.04%
Total Current Liabilities+	5.9M	2.62M	2.08M	2.93M	2.65M	4.72M	13.31M	9.02M	17.75M	16.92M
Accounts Payable	996.07K	365.31K	345.7K	609.08K	185.06K	500.85K	3.43M	2.22M	1.41M	2.44M
Days Payables Outstanding	32	10.71	8.55	18.35	5.25	15.07	66.16	30.6	18.71	29.95
Short-Term Debt	953.11K	717.48K	766.35K	822.11K	97.98K	2.47M	4.09M	1.22M	7.56M	7.35M
Deferred Revenue (Current)	1000K	642.83K	180.71K	740.95K	805.05K	218.15K	1000K	1000K	1000K	1000K
Other Current Liabilities	1.44M	324.65K	405.02K	468.85K	1.17M	1.03M	2.49M	1.28M	3.09M	2.04M
Current Ratio	1.09x	2.90x	3.38x	3.14x	3.11x	2.10x	1.21x	1.62x	0.84x	0.91x
Quick Ratio	1.06x	2.85x	3.28x	2.71x	2.65x	1.83x	1.04x	1.35x	0.65x	0.74x
Cash Conversion Cycle	67.81	71.52	68.19	137.05	154.58	167.79	163.06	133.63	150.38	131.8
Total Non-Current Liabilities+	4.5M	5.41M	4.19M	3.41M	2.46M	2.06M	9.27M	12.59M	9.19M	7.87M
Long-Term Debt	3.74M	4.87M	4.19M	3.41M	2.45M	1.3M	3.11M	4.75M	0	3K
Capital Lease Obligations	0	0	0	0	10.16K	37.11K	5.85M	5.14M	4.41M	3.64M
Deferred Tax Liabilities	684.27K	521.43K	480.01K	822.81K	0	720.16K	2.77M	2.32M	0	0
Other Non-Current Liabilities	37.1K	539.17K	0	0	0	0	305.07K	2.7M	4.78M	4.23M
Total Liabilities	10.4M	8.03M	6.27M	6.34M	5.11M	6.78M	22.59M	21.61M	26.94M	24.79M
Total Debt+	4.74M	5.59M	4.95M	4.23M	2.57M	3.82M	13.66M	11.82M	12.7M	11.76M
Net Debt	3.4M	2.53M	2.26M	2.2M	1.64M	1.69M	12.6M	11.29M	12.56M	11.57M
Debt / Equity	2.74x	0.70x	0.62x	0.44x	0.27x	0.38x	0.89x	0.81x	1.63x	1.35x
Debt / EBITDA	1.66x	1.57x	2.96x	1.64x	4.45x	2.88x	-	10.63x	-	18.44x
Net Debt / EBITDA	1.19x	0.71x	1.35x	0.85x	2.84x	1.27x	-	10.15x	-	18.13x
Interest Coverage	2.80x	4.47x	2.34x	5.18x	-0.48x	3.08x	-5.80x	-3.11x	-8.89x	-3.99x
Total Equity+	1.73M	7.97M	8.01M	9.71M	9.47M	9.94M	15.26M	14.59M	7.8M	8.74M
Equity Growth %	4.99%	3.61%	0.01%	0.21%	-0.02%	0.05%	0.54%	-0.04%	-0.47%	0.12%
Book Value per Share	0.26	1.11	1.11	1.28	1.29	1.28	1.89	1.70	0.90	0.92
Total Shareholders' Equity	1.73M	7.97M	8.01M	9.71M	9.47M	9.94M	15.26M	14.59M	7.8M	8.74M
Common Stock	2.73K	2.88K	2.88K	2.92K	2.94K	2.95K	3.43K	861	878	1K
Retained Earnings	-5.39M	-310.71K	-576.62K	993.34K	651.77K	972.4K	622.57K	-356.44K	-7.4M	-10.15M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	21.57K	19.33K	24.24K	21.94K	21.69K	21.84K	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	1.05M	1.73M	1.26M	531.31K	676.78K	635.85K	257.84K	3.14M	1.3M	-599K
Operating CF Margin %	0.06%	0.09%	0.07%	0.03%	0.04%	0.04%	0.01%	0.1%	0.04%	-0.02%
Operating CF Growth %	2.35%	0.65%	-0.27%	-0.58%	0.27%	-0.06%	-0.59%	11.17%	-0.58%	-1.46%
Net Income	1.36M	5.08M	-265.91K	1.1M	-341.57K	320.63K	-349.83K	-979.01K	-7.04M	-2.75M
Depreciation & Amortization	747.55K	689.29K	704.28K	749.75K	717.58K	704.05K	1.46M	2.22M	2.43M	2.8M
Stock-Based Compensation	88.04K	1.16M	303.18K	137.35K	90.92K	179.92K	190.75K	309.39K	1.4M	522K
Deferred Taxes	-69.01K	-2.87M	825.38K	423.36K	-73.04K	181.06K	-192.35K	195.58K	1.93M	0
Other Non-Cash Items	240.08K	-648.88K	142.24K	-84.43K	782.19K	-71.34K	-1.44M	-241.31K	258.08K	243K
Working Capital Changes	-1.32M	-1.68M	-452.99K	-1.8M	-499.3K	-678.47K	590.34K	1.64M	2.33M	-1.41M
Change in Receivables	-1.2M	151.81K	75.79K	436.54K	20.14K	-645.55K	169.84K	75.19K	386.3K	-850K
Change in Inventory	6.22K	-13.2K	-60.95K	-263.62K	22.7K	-53.54K	-42.49K	-177.91K	0	368K
Change in Payables	-668.29K	-630.76K	-19.6K	263.38K	-424.02K	315.78K	245.74K	-1.2M	-815.96K	1.03M
Cash from Investing+	-221.66K	-787.81K	-914.53K	-411.34K	-39.83K	-607.93K	-8.73M	-2.32M	-3.17M	-1.08M
Capital Expenditures	-221.66K	-787.81K	-994.53K	-446.65K	-39.83K	-617.51K	-939K	-2.33M	-3.23M	-4.12M
CapEx % of Revenue	0.01%	0.04%	0.05%	0.03%	0%	0.04%	0.04%	0.07%	0.1%	0.12%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-204.06M	0	80K	35.31M	0	9.58K	0	7K	61.94K	3.04M
Cash from Financing+	-830.06K	792.43K	-717.48K	-772.55K	-1.74M	1.17M	7.4M	-1.34M	1.47M	1.74M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	103.59K	-198.45K	0	182.4K	-41.63K	-24.61K	-505.3K	-57.72K	-50.36K	-329K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	826.43K	941.97K	261.65K	84.66K	636.95K	18.34K	-681.16K	812.54K	-1.93M	-4.72M
FCF Margin %	0.05%	0.05%	0.01%	0.01%	0.04%	0%	-0.03%	0.03%	-0.06%	-0.14%
FCF Growth %	2%	0.14%	-0.72%	-0.68%	6.52%	-0.97%	-38.15%	2.19%	-3.37%	-1.45%
FCF per Share	0.12	0.13	0.04	0.01	0.09	0.00	-0.08	0.09	-0.22	-0.50
FCF Conversion (FCF/Net Income)	0.77x	0.34x	-4.72x	0.48x	-1.98x	1.98x	-0.74x	-3.21x	-0.19x	0.22x
Interest Paid	0	789.74K	343.68K	0	0	135.32K	236.57K	288.08K	0	438K
Taxes Paid	0	65K	32.23K	0	0	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	134.72%	104.76%	-3.33%	12.42%	-3.56%	3.3%	-2.78%	-6.56%	-62.88%	-33.22%
Return on Invested Capital (ROIC)	31.98%	27.66%	6.99%	12.43%	-0.92%	4.11%	-5.93%	-3.08%	-15.02%	-7.96%
Gross Margin	32.6%	32.86%	21.23%	27.45%	19.61%	22.21%	15.15%	15.6%	13.04%	12.72%
Net Margin	8.06%	27.39%	-1.42%	6.59%	-2.13%	2.06%	-1.57%	-3.11%	-22.29%	-8.08%
Debt / Equity	2.74x	0.70x	0.62x	0.44x	0.27x	0.38x	0.89x	0.81x	1.63x	1.35x
Interest Coverage	2.80x	4.47x	2.34x	5.18x	-0.48x	3.08x	-5.80x	-3.11x	-8.89x	-3.99x
FCF Conversion	0.77x	0.34x	-4.72x	0.48x	-1.98x	1.98x	-0.74x	-3.21x	-0.19x	0.22x
Revenue Growth	-7.56%	10.07%	0.97%	-10.82%	-4.16%	-2.57%	42.88%	41.06%	0.51%	7.72%

Revenue by Geography

	2013	2014	2015	2016
U	-	-	17.44M	16.85M
U Growth	-	-	-	-3.36%
C	-	-	794.11K	-
C Growth	-	-	-	-
UNITED STATES	29.15M	20.85M	-	-
UNITED STATES Growth	-	-28.47%	-	-
CHINA	3.33M	219.98K	-	-
CHINA Growth	-	-93.39%	-	-

Frequently Asked Questions

Growth & Financials

TechPrecision Corporation (TPCS) reported $33.6M in revenue for fiscal year 2025. This represents a 1% increase from $33.3M in 2012.

TechPrecision Corporation (TPCS) grew revenue by 7.7% over the past year. This is steady growth.

TechPrecision Corporation (TPCS) reported a net loss of $0.5M for fiscal year 2025.

Dividend & Returns

TechPrecision Corporation (TPCS) has a return on equity (ROE) of -33.2%. Negative ROE indicates the company is unprofitable.

TechPrecision Corporation (TPCS) had negative free cash flow of $5.4M in fiscal year 2025, likely due to heavy capital investments.

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TechPrecision Corporation (TPCS) 10-Year Financial Performance & Capital Metrics

TPCS • • Industrial / General

IndustrialsMetal FabricationPrecision Manufacturing & ToolingPrecision Molds & Tooling

Revenue $34M +7.7%
EBITDA $638K +129.0%
Net Income -$3M +61.0%
EPS (Diluted) -0.29 +64.2%
Gross Margin 12.72% -2.4%
EBITDA Margin 1.87% +126.9%
Operating Margin -6.34% +56.8%
Net Margin -8.08% +63.8%
ROE -33.22% +47.2%
ROIC -7.96% +47.0%
Debt/Equity 1.35 -17.3%
Interest Coverage -3.99 +55.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 16.3%
✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y6.44%

5Y16.28%

3Y15.16%

TTM1.15%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM94.3%

EPS CAGR

10Y-

5Y-

3Y-

TTM94.3%

ROCE

10Y Avg5.18%

5Y Avg-8.28%

3Y Avg-12.7%

Latest-12.84%

Peer Comparison

Precision Molds & Tooling

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MTENMingteng International Corporation Inc.	6.14M	0.03	-0.03	24.04%	-22.3%	-48.23%		0.17
TPCSTechPrecision Corporation	50.57M	5.05	-17.41	7.72%	-1.37%	-5.04%		1.35

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	16.85M	18.55M	18.73M	16.7M	16.01M	15.6M	22.28M	31.43M	31.59M	34.03M
Revenue Growth %	-0.08%	0.1%	0.01%	-0.11%	-0.04%	-0.03%	0.43%	0.41%	0.01%	0.08%
Cost of Goods Sold+	11.36M	12.45M	14.75M	12.12M	12.87M	12.13M	18.91M	26.53M	27.47M	29.7M
COGS % of Revenue	0.67%	0.67%	0.79%	0.73%	0.8%	0.78%	0.85%	0.84%	0.87%	0.87%
Gross Profit+	5.49M	6.1M	3.98M	4.58M	3.14M	3.46M	3.38M	4.9M	4.12M	4.33M
Gross Margin %	0.33%	0.33%	0.21%	0.27%	0.2%	0.22%	0.15%	0.16%	0.13%	0.13%
Gross Profit Growth %	1.38%	0.11%	-0.35%	0.15%	-0.32%	0.1%	-0.03%	0.45%	-0.16%	0.05%
Operating Expenses+	3.39M	4.34M	3.01M	2.75M	3.28M	2.84M	4.94M	6.01M	8.75M	6.49M
OpEx % of Revenue	0.2%	0.23%	0.16%	0.16%	0.2%	0.18%	0.22%	0.19%	0.28%	0.19%
Selling, General & Admin	3.39M	4.34M	3.01M	2.75M	2.79M	2.84M	4.62M	6.01M	8.75M	6.49M
SG&A % of Revenue	0.2%	0.23%	0.16%	0.16%	0.17%	0.18%	0.21%	0.19%	0.28%	0.19%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1.2K	8.44K	4.27K	0	495K	4.6K	320K	0	0	0
Operating Income+	2.11M	2.88M	967.3K	1.84M	-141.28K	623.25K	-1.56M	-1.11M	-4.63M	-2.16M
Operating Margin %	0.13%	0.16%	0.05%	0.11%	-0.01%	0.04%	-0.07%	-0.04%	-0.15%	-0.06%
Operating Income Growth %	1.95%	0.37%	-0.66%	0.9%	-1.08%	5.41%	-3.51%	0.29%	-3.19%	0.53%
EBITDA+	2.86M	3.57M	1.67M	2.59M	576.29K	1.33M	-464.3K	1.11M	-2.2M	638K
EBITDA Margin %	0.17%	0.19%	0.09%	0.15%	0.04%	0.09%	-0.02%	0.04%	-0.07%	0.02%
EBITDA Growth %	3.06%	0.25%	-0.53%	0.55%	-0.78%	1.3%	-1.35%	3.4%	-2.98%	1.29%
D&A (Non-Cash Add-back)	747.55K	689.29K	704.28K	749.75K	717.58K	704.05K	1.1M	2.22M	2.43M	2.8M
EBIT	2.11M	2.89M	971.57K	1.88M	-118.53K	627.85K	-1.24M	-427.81K	-4.59M	-2.21M
Net Interest Income+	-752.28K	-644.02K	-412.99K	-354.82K	-296.08K	-202.34K	-269.38K	-355.61K	-521.11K	-541K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	752.28K	644.02K	412.99K	354.82K	296.08K	202.34K	269.38K	355.61K	521.11K	541K
Other Income/Expense	-751.05K	-635.58K	-408.72K	-313.79K	-273.33K	-197.74K	1.02M	321.8K	-477.75K	-592K
Pretax Income+	1.36M	2.25M	558.58K	1.52M	-414.61K	425.51K	-542.19K	-783.42K	-5.11M	-2.75M
Pretax Margin %	0.08%	0.12%	0.03%	0.09%	-0.03%	0.03%	-0.02%	-0.02%	-0.16%	-0.08%
Income Tax+	-768	-2.83M	824.49K	423.36K	-73.04K	104.88K	-192.35K	195.58K	1.93M	-2K
Effective Tax Rate %	1%	2.26%	-0.48%	0.72%	0.82%	0.75%	0.65%	1.25%	1.38%	1%
Net Income+	1.36M	5.08M	-265.91K	1.1M	-341.57K	320.63K	-349.83K	-979.01K	-7.04M	-2.75M
Net Margin %	0.08%	0.27%	-0.01%	0.07%	-0.02%	0.02%	-0.02%	-0.03%	-0.22%	-0.08%
Net Income Growth %	1.38%	2.74%	-1.05%	5.14%	-1.31%	1.94%	-2.09%	-1.8%	-6.19%	0.61%
Net Income (Continuing)	1.36M	5.08M	-265.91K	1.1M	-341.57K	320.63K	-349.83K	-979.01K	-7.04M	-2.75M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.20	0.72	-0.04	0.15	-0.05	0.04	-0.04	-0.11	-0.81	-0.29
EPS Growth %	1.34%	2.6%	-1.05%	5.07%	-1.31%	1.88%	-2.05%	-1.55%	-6.36%	0.64%
EPS (Basic)	0.20	0.72	-0.04	0.15	-0.05	0.04	-0.04	-0.11	-0.81	-0.29
Diluted Shares Outstanding	6.64M	7.15M	7.21M	7.57M	7.31M	7.76M	8.1M	8.6M	8.72M	9.46M
Basic Shares Outstanding	6.6M	6.98M	7.21M	7.22M	7.31M	7.36M	8.1M	8.6M	8.72M	9.46M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	6.41M	7.6M	7.02M	9.18M	8.25M	9.92M	16.07M	14.58M	14.85M	15.35M
Cash & Short-Term Investments	1.33M	3.07M	2.69M	2.04M	930.86K	2.13M	1.05M	534.47K	138.4K	195K
Cash Only	1.33M	3.07M	2.69M	2.04M	930.86K	2.13M	1.05M	534.47K	138.4K	195K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	4.42M	3.97M	3.68M	5.4M	5.49M	6.16M	11.36M	11.28M	10.9M	11.78M
Days Sales Outstanding	95.68	78.07	71.73	118.03	125.3	144.1	186.07	131.04	125.91	126.34
Inventory	128.59K	141.79K	202.74K	1.24M	1.22M	1.29M	2.23M	2.41M	3.25M	2.88M
Days Inventory Outstanding	4.13	4.16	5.02	37.36	34.54	38.76	43.14	33.2	43.17	35.42
Other Current Assets	112.2K	16.93K	140.09K	235.66K	320.38K	7.26K	1.09M	0	43.12K	30K
Total Non-Current Assets+	5.72M	8.41M	7.26M	6.87M	6.33M	6.8M	21.78M	21.63M	19.9M	18.18M
Property, Plant & Equipment	4.81M	4.91M	5.2M	4.86M	4.18M	4.06M	19.54M	19.57M	19.78M	18.06M
Fixed Asset Turnover	3.50x	3.78x	3.60x	3.44x	3.83x	3.84x	1.14x	1.61x	1.60x	1.88x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	223.69K	100K	6.86K	6.23K	32.6K	84.62K	121.26K	121.26K	121.26K	122K
Total Assets+	12.13M	16M	14.28M	16.05M	14.58M	16.72M	37.85M	36.21M	34.75M	33.53M
Asset Turnover	1.39x	1.16x	1.31x	1.04x	1.10x	0.93x	0.59x	0.87x	0.91x	1.02x
Asset Growth %	0.07%	0.32%	-0.11%	0.12%	-0.09%	0.15%	1.26%	-0.04%	-0.04%	-0.04%
Total Current Liabilities+	5.9M	2.62M	2.08M	2.93M	2.65M	4.72M	13.31M	9.02M	17.75M	16.92M
Accounts Payable	996.07K	365.31K	345.7K	609.08K	185.06K	500.85K	3.43M	2.22M	1.41M	2.44M
Days Payables Outstanding	32	10.71	8.55	18.35	5.25	15.07	66.16	30.6	18.71	29.95
Short-Term Debt	953.11K	717.48K	766.35K	822.11K	97.98K	2.47M	4.09M	1.22M	7.56M	7.35M
Deferred Revenue (Current)	1000K	642.83K	180.71K	740.95K	805.05K	218.15K	1000K	1000K	1000K	1000K
Other Current Liabilities	1.44M	324.65K	405.02K	468.85K	1.17M	1.03M	2.49M	1.28M	3.09M	2.04M
Current Ratio	1.09x	2.90x	3.38x	3.14x	3.11x	2.10x	1.21x	1.62x	0.84x	0.91x
Quick Ratio	1.06x	2.85x	3.28x	2.71x	2.65x	1.83x	1.04x	1.35x	0.65x	0.74x
Cash Conversion Cycle	67.81	71.52	68.19	137.05	154.58	167.79	163.06	133.63	150.38	131.8
Total Non-Current Liabilities+	4.5M	5.41M	4.19M	3.41M	2.46M	2.06M	9.27M	12.59M	9.19M	7.87M
Long-Term Debt	3.74M	4.87M	4.19M	3.41M	2.45M	1.3M	3.11M	4.75M	0	3K
Capital Lease Obligations	0	0	0	0	10.16K	37.11K	5.85M	5.14M	4.41M	3.64M
Deferred Tax Liabilities	684.27K	521.43K	480.01K	822.81K	0	720.16K	2.77M	2.32M	0	0
Other Non-Current Liabilities	37.1K	539.17K	0	0	0	0	305.07K	2.7M	4.78M	4.23M
Total Liabilities	10.4M	8.03M	6.27M	6.34M	5.11M	6.78M	22.59M	21.61M	26.94M	24.79M
Total Debt+	4.74M	5.59M	4.95M	4.23M	2.57M	3.82M	13.66M	11.82M	12.7M	11.76M
Net Debt	3.4M	2.53M	2.26M	2.2M	1.64M	1.69M	12.6M	11.29M	12.56M	11.57M
Debt / Equity	2.74x	0.70x	0.62x	0.44x	0.27x	0.38x	0.89x	0.81x	1.63x	1.35x
Debt / EBITDA	1.66x	1.57x	2.96x	1.64x	4.45x	2.88x	-	10.63x	-	18.44x
Net Debt / EBITDA	1.19x	0.71x	1.35x	0.85x	2.84x	1.27x	-	10.15x	-	18.13x
Interest Coverage	2.80x	4.47x	2.34x	5.18x	-0.48x	3.08x	-5.80x	-3.11x	-8.89x	-3.99x
Total Equity+	1.73M	7.97M	8.01M	9.71M	9.47M	9.94M	15.26M	14.59M	7.8M	8.74M
Equity Growth %	4.99%	3.61%	0.01%	0.21%	-0.02%	0.05%	0.54%	-0.04%	-0.47%	0.12%
Book Value per Share	0.26	1.11	1.11	1.28	1.29	1.28	1.89	1.70	0.90	0.92
Total Shareholders' Equity	1.73M	7.97M	8.01M	9.71M	9.47M	9.94M	15.26M	14.59M	7.8M	8.74M
Common Stock	2.73K	2.88K	2.88K	2.92K	2.94K	2.95K	3.43K	861	878	1K
Retained Earnings	-5.39M	-310.71K	-576.62K	993.34K	651.77K	972.4K	622.57K	-356.44K	-7.4M	-10.15M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	21.57K	19.33K	24.24K	21.94K	21.69K	21.84K	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	1.05M	1.73M	1.26M	531.31K	676.78K	635.85K	257.84K	3.14M	1.3M	-599K
Operating CF Margin %	0.06%	0.09%	0.07%	0.03%	0.04%	0.04%	0.01%	0.1%	0.04%	-0.02%
Operating CF Growth %	2.35%	0.65%	-0.27%	-0.58%	0.27%	-0.06%	-0.59%	11.17%	-0.58%	-1.46%
Net Income	1.36M	5.08M	-265.91K	1.1M	-341.57K	320.63K	-349.83K	-979.01K	-7.04M	-2.75M
Depreciation & Amortization	747.55K	689.29K	704.28K	749.75K	717.58K	704.05K	1.46M	2.22M	2.43M	2.8M
Stock-Based Compensation	88.04K	1.16M	303.18K	137.35K	90.92K	179.92K	190.75K	309.39K	1.4M	522K
Deferred Taxes	-69.01K	-2.87M	825.38K	423.36K	-73.04K	181.06K	-192.35K	195.58K	1.93M	0
Other Non-Cash Items	240.08K	-648.88K	142.24K	-84.43K	782.19K	-71.34K	-1.44M	-241.31K	258.08K	243K
Working Capital Changes	-1.32M	-1.68M	-452.99K	-1.8M	-499.3K	-678.47K	590.34K	1.64M	2.33M	-1.41M
Change in Receivables	-1.2M	151.81K	75.79K	436.54K	20.14K	-645.55K	169.84K	75.19K	386.3K	-850K
Change in Inventory	6.22K	-13.2K	-60.95K	-263.62K	22.7K	-53.54K	-42.49K	-177.91K	0	368K
Change in Payables	-668.29K	-630.76K	-19.6K	263.38K	-424.02K	315.78K	245.74K	-1.2M	-815.96K	1.03M
Cash from Investing+	-221.66K	-787.81K	-914.53K	-411.34K	-39.83K	-607.93K	-8.73M	-2.32M	-3.17M	-1.08M
Capital Expenditures	-221.66K	-787.81K	-994.53K	-446.65K	-39.83K	-617.51K	-939K	-2.33M	-3.23M	-4.12M
CapEx % of Revenue	0.01%	0.04%	0.05%	0.03%	0%	0.04%	0.04%	0.07%	0.1%	0.12%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-204.06M	0	80K	35.31M	0	9.58K	0	7K	61.94K	3.04M
Cash from Financing+	-830.06K	792.43K	-717.48K	-772.55K	-1.74M	1.17M	7.4M	-1.34M	1.47M	1.74M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	103.59K	-198.45K	0	182.4K	-41.63K	-24.61K	-505.3K	-57.72K	-50.36K	-329K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	826.43K	941.97K	261.65K	84.66K	636.95K	18.34K	-681.16K	812.54K	-1.93M	-4.72M
FCF Margin %	0.05%	0.05%	0.01%	0.01%	0.04%	0%	-0.03%	0.03%	-0.06%	-0.14%
FCF Growth %	2%	0.14%	-0.72%	-0.68%	6.52%	-0.97%	-38.15%	2.19%	-3.37%	-1.45%
FCF per Share	0.12	0.13	0.04	0.01	0.09	0.00	-0.08	0.09	-0.22	-0.50
FCF Conversion (FCF/Net Income)	0.77x	0.34x	-4.72x	0.48x	-1.98x	1.98x	-0.74x	-3.21x	-0.19x	0.22x
Interest Paid	0	789.74K	343.68K	0	0	135.32K	236.57K	288.08K	0	438K
Taxes Paid	0	65K	32.23K	0	0	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	134.72%	104.76%	-3.33%	12.42%	-3.56%	3.3%	-2.78%	-6.56%	-62.88%	-33.22%
Return on Invested Capital (ROIC)	31.98%	27.66%	6.99%	12.43%	-0.92%	4.11%	-5.93%	-3.08%	-15.02%	-7.96%
Gross Margin	32.6%	32.86%	21.23%	27.45%	19.61%	22.21%	15.15%	15.6%	13.04%	12.72%
Net Margin	8.06%	27.39%	-1.42%	6.59%	-2.13%	2.06%	-1.57%	-3.11%	-22.29%	-8.08%
Debt / Equity	2.74x	0.70x	0.62x	0.44x	0.27x	0.38x	0.89x	0.81x	1.63x	1.35x
Interest Coverage	2.80x	4.47x	2.34x	5.18x	-0.48x	3.08x	-5.80x	-3.11x	-8.89x	-3.99x
FCF Conversion	0.77x	0.34x	-4.72x	0.48x	-1.98x	1.98x	-0.74x	-3.21x	-0.19x	0.22x
Revenue Growth	-7.56%	10.07%	0.97%	-10.82%	-4.16%	-2.57%	42.88%	41.06%	0.51%	7.72%

Revenue by Geography

	2013	2014	2015	2016
U	-	-	17.44M	16.85M
U Growth	-	-	-	-3.36%
C	-	-	794.11K	-
C Growth	-	-	-	-
UNITED STATES	29.15M	20.85M	-	-
UNITED STATES Growth	-	-28.47%	-	-
CHINA	3.33M	219.98K	-	-
CHINA Growth	-	-93.39%	-	-

Frequently Asked Questions

Growth & Financials

TechPrecision Corporation (TPCS) reported $33.6M in revenue for fiscal year 2025. This represents a 1% increase from $33.3M in 2012.

TechPrecision Corporation (TPCS) grew revenue by 7.7% over the past year. This is steady growth.

TechPrecision Corporation (TPCS) reported a net loss of $0.5M for fiscal year 2025.

Dividend & Returns

TechPrecision Corporation (TPCS) has a return on equity (ROE) of -33.2%. Negative ROE indicates the company is unprofitable.

TechPrecision Corporation (TPCS) had negative free cash flow of $5.4M in fiscal year 2025, likely due to heavy capital investments.