Tasmea (ASX: TEA) is an Australian-listed company in the Industrials sector with a market capitalisation of $2.25B and the 201st-largest security on the ASX by market capitalisation. The TEA share price is $8.60, up 2.38% today and up 177.42% over the past 12 months. Shares have traded between $3.05 and $8.69 over the past 52 weeks. TEA trades on a price-to-earnings ratio of 11.85, above the Industrials sector median of 9.20, and pays a trailing dividend yield of 0.90%. In its most recent reported period (ending 31 Dec 2025), Tasmea reported revenue of $400.5M and a net profit of $22.3M (5.6% margin).
About Tasmea Ltd
Tasmea Ltd, an Australian firm founded in 1997 and based in Dulwich, specializes in delivering essential engineering, maintenance, and project solutions. The company serves diverse industries, including oil and gas, mining and resources, waste and water management, power and renewable energy, defense, and infrastructure. Its comprehensive service portfolio includes heavy mechanical and electrical engineering, offering end-to-end project management covering pipe design, engineering, procurement, manufacturing, fabrication, machining, installation, and ongoing maintenance. Tasmea also provides specialized steel fabrication, structural engineering design, erection, welding, pipework installation, pneumatic and hydraulic system integration, light machining, and even wind tower manufacturing. Additionally, the firm offers expert electrical engineering consultancy and project management, encompassing advanced electrical control systems design for heavy industrial, manufacturing, and commercial applications, along with drafting and maintenance support. In the realm of water and fluid solutions, Tasmea excels in geomembrane technologies, supplying flexible liners and floating covers for various applications like dams, reservoirs, tunnels, channels, and landfills. This also extends to constructing geomembrane-lined water storage tanks and designing and supplying stainless steel drainage and pressure systems. Furthermore, the company delivers industrial electrical instrumentation services, comprehensive maintenance, refurbishment, and shutdown services for mechanical assets, electrical systems, and plant operations. Its offerings also include earthworks, waste management, civil maintenance, lubrication solutions, equipment and spare parts supply, and extensive onsite maintenance and repair for quarry, recycling, and heavy industrial sectors. Complementing its technical services, Tasmea provides investment and corporate advisory expertise, assisting clients with the analysis, negotiation, financing, and completion of business transactions. The company underwent several name changes, initially operating as Percheron Capital Pty Ltd, then becoming E&A Limited in October 2007, before its current designation as Tasmea Ltd.
CEO
Stephen Elliott Young B.Ec