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Companies / Industrials / TECHPRECISION CORP
TPCS

TECHPRECISION CORP

IndustrialsFabricated Metal
Ticker TPCSWESTMINSTER, MAFiscal year ends MarchBook value per share $0.75Diluted shares 10.1M

TechPrecision Corporation (NASDAQ: TECH) operates as a manufacturer of precision, large-scale fabricated and machined metal structural components and systems serving the defense and precision industrial markets. The company's website is www.techprecision.com. From the company’s description.

Fiscal year 2026 · ends 03-31Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$31.64M
−7.0% year over year
Last 12 mo $33.36M
-3.37%
+3 percentage points
Last 12 mo -1.95%
$-1.66M
+39.4% year over year
Last 12 mo $-1.22M
-21.69%
+9.8 percentage points
Cash & financing
$0.01M
+101.0% year over year
Last 12 mo $1.26M
$-3.26M
+31.0% year over year
Last 12 mo $-3.19M
1.43
Was 1.44× a year earlier
Last 12 mo 0.99
9.9M
+4.8% year over year
Last 12 mo 10.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TECHPRECISION CORP does

In the company’s own words

TechPrecision Corporation (NASDAQ: TECH) operates as a manufacturer of precision, large-scale fabricated and machined metal structural components and systems serving the defense and precision industrial markets. The company's website is www.techprecision.com.

The company operates through two wholly owned subsidiaries that function as reportable segments: Ranor and Stadco. Ranor, acquired in 2006 and tracing its origins to 1956, operates a 145,000 square foot facility on approximately 65 acres in Westminster, Massachusetts. Stadco, acquired in August 2021, operates a 183,000 square foot multi-building complex in Los Angeles, California. Together, these segments provide comprehensive manufacturing solutions including custom fabrication, precision machining, assembly, integration, inspection, non-destructive evaluation, and testing services.

TechPrecision's business model centers on build-to-print manufacturing where the company produces components according to customer specifications rather than designing proprietary products. The company primarily targets repeating custom programs with mature designs, supplemented by multi-unit and one-off requirements. Both subsidiaries maintain certifications including ISO 9001:2015, with Stadco additionally holding AS 9100 D certification and NADCAP non-destructive testing certification. Both operations are ITAR-registered and compliant.

The company derives approximately 99 percent of revenue from the defense sector, with the remaining one percent from precision industrial customers. Defense revenue is generated through contracts with prime contractors and subcontractors involved in U.S. Navy submarine programs, aircraft carriers, military helicopters, and various aerospace platforms. As of March 31, 2026, TechPrecision employed 160 full-time employees across both facilities, with 28 salaried and 64 hourly employees at Ranor and 17 salaried and 51 hourly employees at Stadco. The company maintains no unionized workforce.

TechPrecision's backlog totaled $52.2 million as of March 31, 2026, expected to be fulfilled over the subsequent two to three fiscal years. The company's customer base remains concentrated, with the ten largest customers generating 92 percent of fiscal 2026 revenue. All manufacturing operations and customers are located within the United States.

Company details
Sector
Industrials
Industry
Fabricated Metal
Headquarters
WESTMINSTER, MA
Fiscal year end
March
CIK
1328792
SIC
3440

Financial performance, year by year

Fiscal 2014–2026 · USD
$-11.21M$1.13M$13.47M$25.81M$38.14M2014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TECHPRECISION CORP — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

16
funds hold it
0 of 35
superinvestors hold it
$2.01M
held by funds, at market
4.0%
of shares held by funds

Largest fund holders · TECHPRECISION CORP’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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