$TPCS
TECHPRECISION CORP Stock $tpcs

$tpcs Overview Financials Valuation SEC Filings Company Website

2011 Q4 Form 10-Q Financial Statement

#000095015912000103 Filed on February 14, 2012

Income Statement

Concept	2011 Q4	2011 Q1	2010 Q4
Revenue	$10.86M	$8.080M	$9.670M
YoY Change	12.34%	73.39%	83.85%
Cost Of Revenue	$10.12M	$5.920M	$6.814M
YoY Change	48.57%	112.95%	60.72%
Gross Profit	$740.0K	$2.160M	$2.856M
YoY Change	-74.09%	14.89%	182.78%
Gross Profit Margin	6.81%	26.73%	29.53%
Selling, General & Admin	$1.924M	$1.760M	$1.274M
YoY Change	51.06%	91.3%	28.66%
% of Gross Profit	260.01%	81.48%	44.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$132.1K	$90.00K	$90.00K
YoY Change	46.8%	-18.18%	-10.0%
% of Gross Profit	17.85%	4.17%	3.15%
Operating Expenses	$1.924M	$1.760M	$1.274M
YoY Change	51.06%	91.3%	28.66%
Operating Profit	-$1.184M	$400.0K	$1.582M
YoY Change	-174.84%	-58.33%	7811.43%
Interest Expense	$77.55K	-$100.0K	$103.8K
YoY Change	-25.28%	0.0%	-194.34%
% of Operating Profit		-25.0%	6.56%
Other Income/Expense, Net	-$56.86K	$0.00	-$213.1K
YoY Change	-73.32%		-2230.97%
Pretax Income	-$1.241M	$300.0K	$1.369M
YoY Change	-190.64%	-64.71%	-2055.98%
Income Tax	-$92.68K	$120.0K	$540.1K
% Of Pretax Income		40.0%	39.44%
Net Earnings	-$1.148M	$180.0K	$829.1K
YoY Change	-238.5%	-71.88%	314.56%
Net Earnings / Revenue	-10.57%	2.23%	8.57%
Basic Earnings Per Share	-$0.07		$0.06
Diluted Earnings Per Share	-$0.07	$7.874K	$0.04
COMMON SHARES
Basic Shares Outstanding	17.07M shares		14.28M shares
Diluted Shares Outstanding	17.07M shares		21.65M shares

Balance Sheet

Concept	2011 Q4	2011 Q1	2010 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.090M	$7.540M	$8.930M
YoY Change	-65.4%	-14.03%	-4.7%
Cash & Equivalents	$3.086M	$7.541M	$8.930M
Short-Term Investments
Other Short-Term Assets	$669.5K	$441.8K	$350.0K
YoY Change	91.29%	-3.95%	-64.29%
Inventory	$5.230M	$3.580M	$5.570M
Prepaid Expenses
Receivables	$5.543M	$5.578M	$3.110M
Other Receivables	$1.000M	$120.0K	$0.00
Total Short-Term Assets	$16.16M	$17.39M	$17.96M
YoY Change	-10.03%	14.25%	9.18%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.303M	$3.140M	$4.630M
YoY Change	57.73%	-23.61%	36.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$390.0K	$180.0K	$190.0K
YoY Change	105.26%	100.0%	111.11%
Total Long-Term Assets	$7.691M	$5.493M	$4.810M
YoY Change	59.89%	30.79%	38.62%
TOTAL ASSETS
Total Short-Term Assets	$16.16M	$17.39M	$17.96M
Total Long-Term Assets	$7.691M	$5.493M	$4.810M
Total Assets	$23.85M	$22.88M	$22.77M
YoY Change	4.74%	17.83%	14.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.320M	$1.093M	$1.620M
YoY Change	-18.5%	148.49%	244.68%
Accrued Expenses	$1.760M	$958.0K	$440.0K
YoY Change	299.89%	54.52%	-12.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.360M	$1.370M	$1.370M
YoY Change	-0.73%	69.14%	69.14%
Total Short-Term Liabilities	$4.754M	$3.805M	$4.450M
YoY Change	6.84%	97.16%	27.87%
LONG-TERM LIABILITIES
Long-Term Debt	$5.810M	$5.220M	$4.910M
YoY Change	18.33%	-3.51%	-2.96%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$5.810M	$5.220M	$4.910M
YoY Change	18.33%	-3.51%	-2.96%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.754M	$3.805M	$4.450M
Total Long-Term Liabilities	$5.810M	$5.220M	$4.910M
Total Liabilities	$10.67M	$9.360M	$9.370M
YoY Change	13.87%	27.35%	9.72%
SHAREHOLDERS EQUITY
Retained Earnings	$7.610M	$8.465M
YoY Change
Common Stock	$1.751K	$1.543K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$13.17M	$13.86M	$13.40M
YoY Change
Total Liabilities & Shareholders Equity	$23.85M	$22.88M	$22.77M
YoY Change	4.74%	17.83%	14.31%

Cashflow Statement

Concept	2011 Q4	2011 Q1	2010 Q4
OPERATING ACTIVITIES
Net Income	-$1.148M	$180.0K	$829.1K
YoY Change	-238.5%	-71.88%	314.56%
Depreciation, Depletion And Amortization	$132.1K	$90.00K	$90.00K
YoY Change	46.8%	-18.18%	-10.0%
Cash From Operating Activities	-$1.790M	-$1.000M	$1.230M
YoY Change	-245.53%	1328.57%	1437.5%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	-$1.430M	-$110.0K
YoY Change	-100.0%	70.24%	450.0%
Acquisitions
YoY Change
Other Investing Activities		$650.0K	$50.00K
YoY Change			400.0%
Cash From Investing Activities	$0.00	-$780.0K	-$60.00K
YoY Change	-100.0%	-7.14%	500.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-350.0K	390.0K	-1.480M
YoY Change	-76.35%	30.0%	543.48%
NET CHANGE
Cash From Operating Activities	-1.790M	-1.000M	1.230M
Cash From Investing Activities	0.000	-780.0K	-60.00K
Cash From Financing Activities	-350.0K	390.0K	-1.480M
Net Change In Cash	-2.140M	-1.390M	-310.0K
YoY Change	590.32%	127.87%	93.75%
FREE CASH FLOW
Cash From Operating Activities	-$1.790M	-$1.000M	$1.230M
Capital Expenditures	$0.00	-$1.430M	-$110.0K
Free Cash Flow	-$1.790M	$430.0K	$1.340M
YoY Change	-233.58%	-44.16%	1240.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-183673	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	14723	USD
	us-gaap	Interest Expense InterestExpense	214769	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	16373	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-528434	USD
CY2010Q4	us-gaap	Net Income Loss NetIncomeLoss	829126	USD
CY2010Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	540063	USD
CY2010Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1369189	USD
CY2010Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-213097	USD
CY2010Q4	tpcs	Finance Costs Expenses FinanceCostsExpenses	110931	USD
CY2010Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	1613	USD
CY2010Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2010Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.06
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-712107	USD
CY2010Q4	us-gaap	Interest Expense InterestExpense	103779	USD
CY2010Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	1582286	USD
CY2010Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1273748	USD
CY2010Q4	us-gaap	Gross Profit GrossProfit	2856034	USD
CY2010Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	6814384	USD
CY2010Q4	us-gaap	Sales Revenue Net SalesRevenueNet	9670418	USD
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16364844	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16364844	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.05
	us-gaap	Net Income Loss NetIncomeLoss	-854978	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	142871	USD
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	1751	USD
CY2011Q4	us-gaap	Preferred Stock Value PreferredStockValue	1701077	USD
CY2011Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	5814580	USD
CY2011Q4	us-gaap	Liabilities Current LiabilitiesCurrent	4754392	USD
CY2011Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	1362766	USD
CY2011Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	154057	USD
CY2011Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	157703	USD
CY2011Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1759532	USD
CY2011Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1320334	USD
CY2011Q4	us-gaap	Assets Assets	23849431	USD
CY2011Q4	us-gaap	Deferred Costs DeferredCosts	163299	USD
CY2011Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7303075	USD
CY2011Q4	us-gaap	Assets Current AssetsCurrent	16158681	USD
CY2011Q4	us-gaap	Prepaid Taxes PrepaidTaxes	991560	USD
CY2011Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	641458	USD
CY2011Q4	us-gaap	Other Assets Current OtherAssetsCurrent	669507	USD
CY2011Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	292403	USD
CY2011Q4	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs CostsInExcessOfBillingsOnUncompletedContractsOrPrograms	4934239	USD
CY2011Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5543444	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3086070	USD
CY2011Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22881955	USD
CY2011Q1	us-gaap	Stockholders Equity StockholdersEquity	13859278	USD
CY2011Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8465283	USD
CY2011Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	5905	USD
CY2011Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
CY2011Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	7325982	shares
CY2011Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2011Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	3346916	USD
CY2011Q1	us-gaap	Common Stock Value CommonStockValue	1543	USD
CY2011Q1	us-gaap	Preferred Stock Value PreferredStockValue	2039631	USD
CY2011Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	7325982	shares
CY2011Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	8878982	shares
CY2011Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2011Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2011Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2011Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15422888	shares
CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	17505204	shares
CY2011Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15422888	shares
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17505204	shares
CY2011Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	90000000	shares
CY2011Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	90000000	shares
CY2011Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	25010	USD
CY2011Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	25010	USD
CY2011Q1	tpcs	Convertible Preferred Stock Series A Liquidation Preference ConvertiblePreferredStockSeriesALiquidationPreference	2530510	USD
CY2011Q4	tpcs	Convertible Preferred Stock Series A Liquidation Preference ConvertiblePreferredStockSeriesALiquidationPreference	2087905	USD
CY2011Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	8878982	shares
CY2011Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-92682	USD
CY2011Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-1241023	USD
CY2011Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-56858	USD
CY2011Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	4316	USD
CY2011Q4	us-gaap	Interest Expense InterestExpense	77547	USD
CY2011Q4	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	16373	USD
CY2011Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-1184165	USD
CY2011Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1924095	USD
CY2011Q4	us-gaap	Gross Profit GrossProfit	739930	USD
CY2011Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	10124081	USD
CY2011Q4	us-gaap	Sales Revenue Net SalesRevenueNet	10864011	USD
CY2010Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21646768	shares
CY2010Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14283346	shares
CY2011Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	5217421	USD
CY2011Q1	us-gaap	Liabilities Current LiabilitiesCurrent	3805256	USD
CY2011Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	1371767	USD
CY2011Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	382130	USD
CY2011Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	958009	USD
CY2011Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1093350	USD
CY2011Q1	us-gaap	Assets Assets	22881955	USD
CY2011Q1	us-gaap	Deferred Costs DeferredCosts	181141	USD
CY2011Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	2172420	USD
CY2011Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3139692	USD
CY2011Q1	us-gaap	Assets Current AssetsCurrent	17388702	USD
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	23849431	USD
CY2011Q1	us-gaap	Prepaid Taxes PrepaidTaxes	122263	USD
CY2011Q1	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	462226	USD
CY2011Q1	us-gaap	Other Assets Current OtherAssetsCurrent	441833	USD
CY2011Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	723400	USD
CY2011Q1	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs CostsInExcessOfBillingsOnUncompletedContractsOrPrograms	2519908	USD
CY2011Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5578072	USD
CY2011Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7541000	USD
CY2011Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2011Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	13174438	USD
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	7610305	USD
CY2011Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-230825	USD
CY2011Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4092130	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5610744	USD
CY2011Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17072721	shares
	us-gaap	Gross Profit GrossProfit	5082310	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	22105308	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	27187618	USD
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21071813	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14248601	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
	us-gaap	Net Income Loss NetIncomeLoss	2504076	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1473179	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	3977255	USD
CY2011Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	17072721	shares
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-366816	USD
	tpcs	Finance Costs Expenses FinanceCostsExpenses	116110	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	8215	USD
	us-gaap	Interest Expense InterestExpense	321796	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	62875	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	4344071	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	16448066	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	24205239	USD
CY2011Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
CY2011Q4	us-gaap	Net Income Loss NetIncomeLoss	-1148341	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	11913	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	622639	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	1111239	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1699397	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	-1030	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	35511	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-2342542	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2342542	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-2746940	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-228074	USD
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	157703	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	381942	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	218335	USD
	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	869047	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	226468	USD
	tpcs	Increase Decrease In Costs Incurred On Uncompleted Contracts IncreaseDecreaseInCostsIncurredOnUncompletedContracts	2414331	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-437494	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-40998	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	91188	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	372385	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	370289	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	878754	USD
	us-gaap	Interest Paid InterestPaid	321796	USD
CY2010Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8774223	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	154286	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-1411020	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	4321544	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	9835	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	15501	USD
	tpcs	Capital Distribution Of Equity CapitalDistributionOfEquity	1326162	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	122940	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	120399	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-721052	USD
	us-gaap	Repayments Of Advances For Construction RepaymentsOfAdvancesForConstruction	650498	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	130554	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	60000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	2286358	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	727961	USD
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	243279	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-183866	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1172670	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-237508	USD
	tpcs	Increase Decrease In Costs Incurred On Uncompleted Contracts IncreaseDecreaseInCostsIncurredOnUncompletedContracts	2625927	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-106252	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	419253	USD
	us-gaap	Interest Paid InterestPaid	246938	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	62875	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	275006	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-4454930	USD
	dei	Entity Registrant Name EntityRegistrantName	TECHPRECISION CORP
	dei	Entity Central Index Key EntityCentralIndexKey	0001328792
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2011-12-31
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3

Files In Submission

Name	View Source	Status
0000950159-12-000103-index-headers.html	Edgar Link	pending
0000950159-12-000103-index.html	Edgar Link	pending
0000950159-12-000103.txt	Edgar Link	pending
0000950159-12-000103-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
form10-q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
tpcs-20111231.xml	Edgar Link	completed
tpcs-20111231.xsd	Edgar Link	pending
tpcs-20111231_cal.xml	Edgar Link	unprocessable
tpcs-20111231_def.xml	Edgar Link	unprocessable
tpcs-20111231_lab.xml	Edgar Link	unprocessable
tpcs-20111231_pre.xml	Edgar Link	unprocessable

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$TPCS
TECHPRECISION CORP Stock $tpcs

2011 Q4 Form 10-Q Financial Statement

#000095015912000103 Filed on February 14, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TPCS TECHPRECISION CORP Stock $tpcs

2011 Q4 Form 10-Q Financial Statement

#000095015912000103 Filed on February 14, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TPCS
TECHPRECISION CORP Stock $tpcs