Welcome to our dedicated page for TECHPRECISION SEC filings (Ticker: TPCS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
TechPrecision Corporation filings document the reporting record of a Nasdaq-listed custom manufacturer with common stock traded under TPCS. The company's 8-K reports furnish quarterly results, disclose material credit agreements involving Ranor and other borrowers, and record annual-meeting matters such as shareholder voting results and director-nomination deadlines.
Registration and proxy filings cover securities offerings, the company's common stock, smaller-reporting-company status, board elections, auditor ratification, advisory executive-compensation votes, and related governance procedures. The filing record also reflects disclosure subjects tied to TechPrecision's Ranor and Stadco operating segments, including manufacturing operations, customer-designed precision components, capital structure, and exchange-listing details.
TechPrecision Corporation (TPCS) is soliciting proxies for its September 29, 2026 virtual annual meeting, where holders of 10,133,261 common shares as of August 27, 2026 will vote on four main proposals. These include electing five incumbent directors, ratifying CBIZ CPAs P.C. as auditor for the year ending March 31, 2027, an advisory say-on-pay vote on executive compensation, and approving an amended and restated 2016 Equity Incentive Plan.
The amended plan would increase the share pool by 750,000 shares, bringing total authorization since inception to 2,000,000 shares and allowing up to 1,110,635 shares to be issued under the amended plan, which the company states is approximately 9.9% of common stock on a fully diluted basis. The proxy also details director independence, committee structure, CEO and CFO employment terms, multi‑year pay‑versus‑performance data, and auditor fees.
TECHPRECISION CORP (TPCS) director Walter Milton Schenker reported a bona fide gift of 8,000 shares of common stock on 2026-08-19, at a reported price of $0.00 per share. After this gift, he directly holds 71,727 shares and has indirect ownership reported for 300,902 shares held by MAZ Partners LP, subject to a pecuniary-interest-only beneficial ownership disclaimer.
TechPrecision Corporation reported revenue of $9.1 million for the quarter ended June 30, 2026, up from $7.4 million a year earlier, driven by higher defense work at both Ranor and Stadco and improved project execution. Gross profit rose to $1.4 million, and the net loss narrowed to $153 thousand (loss of $0.02 per share) from $597 thousand. EBITDA improved to $651 thousand. Operating cash flow was strong at $1.9 million, while cash on hand was $279 thousand, with total available liquidity of $2.1 million including revolver capacity.
Ranor generated operating income of $916 thousand, while Stadco posted an operating loss of $836 thousand, though Stadco’s loss improved versus the prior year. Backlog remained sizable, with remaining performance obligations of $52.7 million, which the company expects to recognize within 36 months.
Leverage and liquidity present significant risk. Total debt was $5.0 million, and the company is in default of its balance sheet leverage covenant, with no waiver granted. All long-term debt is classified as current, and the revolver matures on September 15, 2026. Management states that these covenant violations, the need to renew or refinance the revolver, and continuing losses at Stadco raise substantial doubt about the company’s ability to continue as a going concern. Management also reports material weaknesses in internal control over financial reporting, and disclosure controls and procedures are deemed not effective.
TechPrecision Corporation reported stronger results for the first quarter of fiscal 2027, the three months ended June 30, 2026. Consolidated revenue was $9.1 million, up 23% from a year earlier on a favorable customer and project mix at both Ranor and Stadco. Gross profit rose 36% to $1.4 million, lifting gross margin to 15%. SG&A fell 3%, and the company nearly reached breakeven, with an operating loss of $45,000, a 90% improvement. Net loss narrowed to $0.2 million, or $0.02 per share, compared with a $0.6 million loss.
EBITDA, a non‑GAAP metric, improved to $0.7 million from $0.2 million, reflecting better margins and cost control. Ranor revenue increased 27% while Stadco revenue grew 22%, with Stadco’s losses narrowing as its cost of revenue was essentially flat. Funded backlog reached $52.7 million with about $22 million of additional unfunded purchase orders, expected to be delivered over one to three fiscal years. The company reaffirmed fiscal 2027 guidance for revenue growth of about 10% to $35–$37 and EBITDA growth of about 80% to $3–$4. Cash was $0.3 million and total debt $5.0 million, with all debt classified as current due to covenant violations, resulting in slightly negative working capital.
TechPrecision Corporation files its annual report describing a defense-focused manufacturing business facing liquidity strain and a going concern warning. Auditors cited substantial doubt about its ability to continue operating because the company breached financial covenants under its Loan Agreement and its lender can demand repayment.
At March 31, 2026, TechPrecision had $7.0 million outstanding under its bank facility, heavy dependence on a few prime defense customers, and recurring losses at its Stadco unit. Revenue remains concentrated in U.S. defense work, with nearly all sales from that sector and a multi‑year order backlog but significant customer concentration risk.
TechPrecision Corporation reported fiscal 2026 results showing stronger profitability despite lower revenue. Full-year revenue was $31.6 million, down 7%, but gross profit rose 15% to $5.0 million as gross margin improved to 16%. The company’s net loss narrowed 41% to $1.6 million and EBITDA increased to $1.6 million from $0.6 million.
Management highlighted a deliberate shift to higher-margin projects at both Ranor and Stadco, which reduced volumes but lifted margins. Funded backlog reached $52.1 million as of March 31, 2026, with about $25 million of additional unfunded orders. For fiscal 2027, TechPrecision projects revenue of $35–$37 million and EBITDA of $3–$4 million.
The balance sheet shows cash of $0.4 million, total debt of $6.9 million and negative working capital of $0.4 million as of March 31, 2026, driven by all debt being classified as current following covenant violations.
TechPrecision Corporation amended its revolving credit facility with Beacon Bank & Trust, which currently has a maximum principal amount of $4,500,000. The amendment extends the revolver’s maturity date from May 15, 2026 to September 15, 2026, giving the company more time before repayment is due.
The borrowers must provide by July 31, 2026 a refinancing term sheet to repay obligations by September 15, 2026, or allow Beacon to conduct field examinations and collateral appraisals. They also agree to cooperate with and pay for a lender-ordered appraisal of one company property. A failure-to-perform fee of $15,000 will be charged, and nonpayment will be an event of default, if any amounts remain outstanding after September 15, 2026.
Straus Robert D reported acquisition or exercise transactions in this Form 4 filing.
TechPrecision Corporation director Robert D. Straus reported stock-based compensation awards rather than open-market trades. On March 6, 2026, he received two grants of Common Stock totaling 16,168 shares. One award covers 12,228 shares of restricted stock that will fully vest on October 28, 2026, subject to the award’s conditions, and was issued in lieu of 50% of his annual cash fee for serving as an independent director for the 2025 service period. Following these grants, Straus directly holds 229,889 TechPrecision shares.
TECHPRECISION CORP director Walter Milton Schenker reported stock-based compensation awards rather than open‑market trades. On March 6, 2026 he acquired 12,228 shares of restricted common stock and an additional 4,279 shares as stock grants at no cash cost.
The 12,228-share restricted stock award will vest in full on October 28, 2026, subject to its conditions, and was issued in lieu of 50% of his annual cash fee for the 2025 independent director service period. Following these awards, he directly holds 79,727 common shares.
He also reports 300,902 common shares held indirectly through MAZ Partners LP. These are attributed to MAZ Partners LP, and he disclaims beneficial ownership beyond his pecuniary interest.
Renuart Victor Eugene reported acquisition or exercise transactions in this Form 4 filing.
TECHPRECISION CORP director Victor Eugene Renuart increased his equity stake through stock awards. On March 6, 2026, he received compensation-related grants totaling 18,206 shares of common stock. One award of 12,228 restricted shares will fully vest on October 28, 2026, subject to the award’s conditions, and was issued in lieu of 50% of his annual cash fee for the 2025 service period. Following these awards, he directly owns 31,926 common shares.