# TECHPRECISION CORP (TPCS) · Edgar & Edgarette company card

> Techprecision (TPCS) saw revenue fall 7.0% in FY2026 to $32 million, operating margin -3.4% against a 8.1% median for fabricated structural metal products, equity 23.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1328792 · fiscal year ended 2026-03-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/TPCS) · [JSON](https://www.pops4.com/boards/company/TPCS.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $32M |
| Revenue growth, 1 year | -7.0% |
| Revenue growth per year | 9.2% |
| Operating margin | -3.4% (prior year -6.3%) |
| Net margin | -5.3% |
| Operating cash flow | $6,000 |
| Capital spending | $3M |
| Free cash flow | −$3M |
| Cash | $431,000 |
| Long-term debt | $7M |
| Total assets | $32M |
| Total equity | $8M |
| Equity ÷ assets | 23.8% |
| Return on equity | -21.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -1.18 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -2.79 (below the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · operating loss: a margin of -3.4% in FY2026; free cash flow was negative: capital spending outran operating cash (-$3.3M in FY2026); revenue is hard to predict: its 80% range is ±43%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $31.6M (FY2026), total debt $6.9M. Experience: revenue down 7.0% on the year, up 9.2% a year over 4 years; operating margin -3.4%, up from -6.3%. Soundness: equity 23.8% of assets, return on equity -21.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $18.8M and $47.6M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $17.7M to $50.8M. A statistical range, not company guidance. Against peers (38 filers, $50M+ revenue, its industry group): operating margin -3.4% against a 8.1% median; growth -7.0% against 2.4%.

Range logged 2026-09-24, receipt 1cb214adaaab011f, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-09-29 ([filing](https://www.sec.gov/Archives/edgar/data/1328792/000110465926111987/0001104659-26-111987-index.htm))

## Recent filings

- 8-K · filed 2026-10-28 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1328792/000110465926119706/0001104659-26-119706-index.htm)
- 8-K · filed 2026-09-29 · 5.02 Departure or Election of Directors; Appointment of Officers; 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1328792/000110465926111987/0001104659-26-111987-index.htm)
- 8-K · filed 2026-09-21 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1328792/000110465926109295/0001104659-26-109295-index.htm)
- DEF 14A · filed 2026-09-03 · [filing](https://www.sec.gov/Archives/edgar/data/1328792/000110465926104865/0001104659-26-104865-index.htm)
- 10-Q · filed 2026-08-13 · [filing](https://www.sec.gov/Archives/edgar/data/1328792/000110465926095944/0001104659-26-095944-index.htm)
- 8-K · filed 2026-08-13 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1328792/000110465926095939/0001104659-26-095939-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001328792.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1328792

## Cite

POPS4, Edgar & Edgarette: TECHPRECISION CORP (TPCS) company card, from the company's own SEC filings, accessed 2026-11-06, https://www.pops4.com/boards/company/TPCS. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.