TechPrecision Corporation (TPCS)

In the past six months, Techprecision Corp.'s stock (TPCS) has experienced a notable increase of 41.09%. The Q2 Fiscal 2026 Earnings Report in November 2025 contributed to a 4.43% rise in its stock price due to a modest revenue increase and improved profitability. The company received a Nasdaq non-compliance notice in July 2025 due to the delayed filing of its Annual Report, representing a compliance issue but having no immediate effect on the listing or trading of the common stock.

Demand in Techprecision Corp.'s end-use markets can be cyclical and sensitive to general economic conditions, competitive influences, and fluctuations in inventory levels throughout the supply chain. A significant portion of the company's revenue is derived from the defense industry, where programs are often funded with multi-year contracts, providing substantial visibility and stability. The company also reported a strong backlog of $48 million as of November 2025, which is expected to be delivered over the next one to three fiscal years, indicating a stable demand outlook in the near to medium term.

Techprecision Corp. is a U.S.-based manufacturer specializing in metal fabricated and machined precision components and systems, operating within the Industrials sector, specifically in the Metal Fabrication industry. The company offers services to transform raw materials into precision finished products, including custom components for U.S. Navy submarines and aircraft carriers, USMC military helicopters, and other applications within the defense, aerospace, nuclear, medical, and precision industrial markets. The company operates through two wholly-owned subsidiaries, Ranor and Stadco, with Ranor being a significant revenue driver.

Techprecision Corp.'s primary operations and customer base are located within the United States. The company also has a subsidiary in China, Wuxi Critical Mechanical Components Co., Ltd. (WCMC), which manufactures components for alternative energy markets in China.

Techprecision's brand reputation is generally enhanced by its alignment with sectors that demand precision and reliability, such as defense and aerospace. However, in the past year, auditor doubts and a failed Votaw acquisition have potentially impacted its reputation. Auditors expressed doubts about TechPrecision, which could negatively affect investor confidence. The failed Votaw acquisition was cited as an example of poor oversight from the company's board and a lack of business judgment, resulting in significant stockholder dilution and likely damaging the company's credibility among stakeholders.

Techprecision Corp.'s ownership structure includes institutional, insider, and public/individual investors. Approximately 13.86% to 18.8% of the company's stock is owned by institutional investors, while insiders hold around 12.82% to 14.96%. Major institutional owners include Wynnefield Capital Inc, Vanguard Group Inc, ARS Investment Partners, LLC, Geode Capital Management, Llc, Perritt Capital Management Inc, State Street Corp, Diversify Advisory Services LLC, and NewEdge Advisors LLC. Major individual owners (insiders) include Howard Weingrow, Robert K. Lifton, James G. Reindl, Stanley A. Youtt, Andrew A. Levy, Leonard M. Anthony, Michael R. Holly, and Walter Milton Schenker.