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Techprecision Corporation  (TPCS)
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Techprecision Corporation Segments

 
 

Business Segments I. Quarter
Revenues
(in millions $)
(Jun 30 2022)
%
(of total Revenues)
I. Quarter
Income
(in millions $)
(Jun 30 2022)
%
(Profit Margin)
Total
7.08 100 % -0.50 -

• View Income Statement • View Competition by Segment • View Annual Report

Growth rates by Segment I. Quarter
Y/Y Revenue
%
(Jun 30 2022)
Q/Q Revenue
%
I. Quarter
Y/Y Income
%
(Jun 30 2022)
Q/Q Income
%
Total
98.23 % 8.68 % - -

• View Growth rates • View Competitors Segment Growth • View Market Share

To get more information on Techprecision's Total segment. Select each division with the arrow.

  Techprecision's

Business Segments Description



We manufacture a wide variety of products pursuant to customer contracts and based on individual customer needs. We also provide manufacturing engineering services to assist customers in optimizing their engineering designs for manufacturing efficiency. We do not design the products we manufacture, but rather manufacture according to “build-to-print” requirements specified by our customers. Accordingly, we do not distribute the products that we manufacture on the open market and we do not market any specific products on an on-going basis. We do not own the intellectual property rights to any proprietary marketed product, and we do not manufacture products in anticipation of orders. Manufacturing operations do not commence on any project before we receive a customer’s purchase order. All contracts cover specific products within the capability of our resources.

Although our focus is to provide long-term integrated solutions to our customers on continuous production programs, our activities include a variety of both custom-based and production-based requirements. The custom-based work is typically either a prototype or unique, one-of-a-kind product. The production-based work is repeat work or a single product with multiple quantity releases.

Changes in market demand for our manufacturing expertise can be significant and sudden and require us to be able to adapt to the collective needs of the customers and industries that we serve. Understanding this dynamic, we have developed the capability to transform our workforce to manufacture products for customers across different industries.

We serve our customers in the defense, aerospace, nuclear, medical and precision industrial markets. Examples of products we have manufactured within such industries during recent years include, but are not limited to custom components for ships and submarines, aerospace equipment, components for nuclear power plants and components for large scale medical systems.
   

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