TechPrecision Corporation (TPCS) Stock

TechPrecision Corporation (TPCS) is a Materials stock trading at $5.81 (as of 2026-08-20), with a market capitalization of $58.17M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

TechPrecision Corporation manufactures and sells precision, fabricated, and machined metal structural components and systems through two segments, Ranor and Stadco, with customers in defense, aerospace, nuclear, medical, and precision industrial markets. It also provides manufacturing support functions such as engineering, quality control, materials procurement, production control, and final assembly.

Understand TechPrecision Corporation: how it makes money

TechPrecision Corporation manufactures and sells precision, fabricated, and machined metal structural components and systems (for ships, submarines, military helicopters, aerospace equipment, nuclear power plants, and medical systems), and it also provides manufacturing support services like manufacturing engineering, quality control, materials procurement, production control, and final assembly, through its Ranor and Stadco segments.

Profitability depends on converting incoming demand into custom fabricated component deliveries, with execution quality and scheduling tracked through order momentum and on-time delivery metrics.

Revenue by segment (latest quarter)
Raynor	$0.0B
Stadco	$0.0B

Business quality (Weak): The company shows execution and demand-related operating signals in the provided KPIs, but reported profitability is weak, with gross margin at 5.4% and operating margin at -19.1%.

Bull case

Execution signals in manufacturing: Provided KPIs show STATCO Electron Beam Welding On-Time Delivery of 100% and On-Time Delivery Rate (Customer Recognition) of 100%.
Demand momentum is tracked: The company provides New Orders Booked (Since Quarter End) at 0.01 USD_B, which can indicate whether customer demand is continuing between reporting periods.
Market served spans defense, nuclear, and medical: The company provides custom components for ships, submarines, military helicopters, aerospace equipment, nuclear power plant components, and medical systems.

Bear case

Profitability is currently weak: For 2025-12-31, gross margin is 5.4% and operating margin is -19.1%.
Custom manufacturing can be execution sensitive: Because the work includes custom precision metal components plus manufacturing support services (engineering, quality control, procurement, production control, and final assembly), delays or inefficiencies can pressure margins.
Segment revenue visibility is limited in the provided data: Segment revenue candidates for both Raynor and Stadco are 0.0B in the dataset provided, which limits clarity on how much of reported activity is attributed to each segment.

Valuation — source: SEC EDGAR (first-party)
Price	$5.81
Market Cap	$58.17M
EV / EBITDA	30.8
Price / Book	7.64
Price / Sales	1.78
FCF Yield	-12.6%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$31.64M
Net Margin	-5.3%
Revenue Growth (YoY)	-7.0%
EPS Growth (YoY)	-41.4%
FCF Growth (YoY)	-31.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.76 (distress)

Valuation vs Sector & Industry
Sector P/E (Materials)	25.1
Industry P/E (Construction Materials)	22.6

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	ARS Investment Partners, LLC ($1.64M)
Institutional Holders Tracked	10

Company
Sector	Materials
Industry	Construction Materials
CEO	Alexander Shen
Employees	162
Country	US
IPO Date	2007-12-27

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.