Teja Engineering Industries IPO Review & Recommendations

Notes:

• Considering the nature and size of the business of our Company the peers are not strictly comparable. However, above company is included for broad comparison.
• The figures for Teja Engineering Industries Limited are based on the restated financial statements for the year ended March 31, 2025.
• The figures are based on the financial statements for the year ended March 31, 2025 of Lakshya Powertech Limited from the Annual reports of the Companies available from the website of the Stock Exchange and website of the Companies.
  CMP of the peer group is as per the closing price as available on https://www.nseindia.com/
• P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as on June 22, 2026 sourced from website of Stock Exchange as divided by the Basic/diluted EPS as applicable.