Twamev Construction And Infrastructure Ltd.

•

tantiagroup.comBSE: 532738NSE: TICL

Market Cap₹ 125 Cr.

Current Price

High / Low₹ 34 / 8

Stock P/E14.7

Book Value₹ 30

Price to Book1.06

Dividend Yield0.00 %

ROCE12.3 %

ROE13.0 %

Face Value₹ 1

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2015 • Infrastructure: 83.5% • Ready Mix Concrete: 16.5%

AI Sector View

AI GENERATED

Construction

Buy

Construction fundamentals are strong, led by government and infrastructure spending. Capital expenditure was up 66% YoY (2026-06), cement output grew 13.1% YoY (2026-07), and the sector also benefits from improving housing and GFCF conditions. FPI flows turned supportive with INR 1720 crore net inflow over 3 months to 2026-08-31 from INR -9439 crore in the prior 3 months, reinforcing the positive view.

Confidence

80%

View full sector analysis →

PROS

Company comfortably covers its interest (28.7x coverage)
Company maintains a comfortable, low leverage position

CONS

Operating cash flow has been negative in recent years
A large part of profit comes from other income (135.1% of PBT)
Recent results are weak - TTM profit is down 92.1% versus prior year
Promoter holding has decreased over last 2 years: -11.4pp
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.20x)
Company's sales have been declining over the last five years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ConstructionInfrastructureEngineering - Construction

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	LT	3990.00	33.09	548970.57	0.95	4988.03	15.51	67941.74	6.69	15.98	12.00
2.	RVNL	210.50	48.79	43889.67	0.34	159.52	18.73	4321.23	10.55	10.81	4.41
3.	KPIL	1423.40	21.39	24307.76	0.77	311.53	45.85	6407.97	3.84	18.95	8.77
4.	IRB	19.25	24.37	23250.15	1.35	3062.70	1412.58	21372.72	918.25	7.72	53.93
5.	CEMPRO	1315.60	37.57	22600.37	0.23	140.83	2.64	2720.92	7.02	33.53	10.09
6.	ENGINERSIN	277.10	19.86	15574.19	1.80	157.94	141.49	819.84	-5.80	30.94	20.61
7.	TECHNOE	954.95	25.76	11106.03	0.73	93.33	-31.44	630.34	19.84	14.86	15.79
8.	IRCON	117.80	21.16	11079.28	1.61	92.03	-43.92	1955.83	9.49	10.15	9.81
9.	WELENT	793.45	35.93	10982.44	0.38	56.36	-44.29	773.72	-8.44	16.44	19.49
10.	AFCONS	293.15	74.51	10781.61	0.68	30.30	-77.95	2671.00	-20.75	12.88	9.42
11.	KEC	401.55	19.31	10689.26	1.37	72.62	-41.72	5023.54	0.01	16.35	5.79
12.	TICL	8.04	17.70	124.62	0.00	0.51	-53.64	11.04	-5.96	9.97	7.52

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	19	3	8	23	8	12	15	50	12	12	21	23	11
	26	3	8	67	6	12	12	27	11	8	19	20	11
Operating Profit	-7	0	0	-44	1	1	3	22	1	4	2	2	1
OPM %	-38.16%	9.32%	2.84%	-194.75%	19.30%	5.83%	19.71%	45.18%	8.09%	33.87%	9.85%	9.42%	4.62%
	19	19	20	34	0	0	0	34	1	0	0	0	0
Interest	0	0	0	0	0	0	1	1	0	0	0	0	0
Depreciation	1	1	1	0	0	0	0	0	0	0	0	0	0
Profit before Tax	11	19	19	-11	1	0	2	55	1	4	2	2	1
Tax %	46.42%	22.42%	24.28%	601.74%	0.00%	0.00%	0.00%	5.25%	0.00%	0.00%	0.00%	-2.14%	0.00%
Net Profit	6	15	15	55	1	0	2	52	1	4	2	2	1
	2.50	7.74	0.95	3.54	0.07	0.02	0.12	3.38	0.09	0.26	0.12	0.13	0.05

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	406	285	205	217	136	102	100	94	53	85	67
	360	270	208	348	153	95	102	105	104	57	58
Operating Profit	46	15	-2	-131	-17	7	-2	-11	-51	28	9
OPM %	11.30%	5.32%	-1.20%	-60.62%	-12.42%	6.43%	-1.79%	-11.55%	-95.95%	32.57%	13.29%
	5	38	35	36	242	62	60	79	93	35	1
Interest	72	88	62	54	5	2	2	2	1	2	1
Depreciation	12	9	7	7	6	5	4	4	2	2	1
Profit before Tax	-33	-45	-37	-156	215	62	52	62	38	59	8
Tax %	8.80%	-13.56%	98.11%	-5.53%	4.77%	19.24%	26.87%	26.72%	-134.28%	4.96%	-0.47%
Net Profit	-30	-51	-1	-165	205	50	38	45	90	56	8
EPS	0.00	0.00	0.00	-57.26	71.18	17.51	13.33	15.79	58.03	3.59	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: -17%
5 Years:: -9%
3 Years:: -5%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: -23%
3 Years:: 13%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: -66%

RETURN ON EQUITY

10 Years:: -5%
5 Years:: 20%
3 Years:: 18%
Last Year:: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	19	29	29	29	29	29	29	29	16	16
	88	94	93	-71	134	184	222	268	384	440
	796	752	774	823	67	47	46	50	61	68
Trade Payables	109	101	94	129	13	19	11	9	12	15
	182	250	229	237	121	162	174	179	31	38
Total Liabilities	1,195	1,226	1,219	1,147	364	440	481	535	504	577
	51	38	35	31	26	21	13	11	8	7
Capital Work in Progress	0	0	3	0	0	0	0	1	0	0
	86	177	207	240	146	192	246	309	330	329
	243	236	239	86	18	27	22	24	30	25
	0	0	0	0	0	0	0	0	25	44
Cash & Bank	34	35	15	12	7	30	35	34	8	8
	780	739	719	777	167	171	165	156	103	165
Total Assets	1,195	1,226	1,219	1,147	364	440	481	535	504	577

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	29	-36	60	-40	627	34	-12	3	-36	-4
Cash from Investing	-1	8	6	4	6	-38	-3	4	16	0
Cash from Financing	-19	26	-87	30	-833	-1	-0	-2	8	3
	1	5	-9	-0	-1	14	-8	5	-12	-2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	94.42	94.33	94.33	94.33	89.37	85.13	84.52	84.06	83.05
	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.10
	0.00	0.00	0.00	0.00	0.15	0.14	0.34	0.12	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	5.58	5.67	5.67	5.67	10.49	14.72	15.13	15.81	16.85

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-01

Copy of Newspaper Publication

2026-09-01 - Twamev Construction and Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication regarding information o e-voting and other details w.r.t. ensuing 61st AGM of the Company.

2026-08-31

Updates

2026-08-31 - Twamev Construction and Infrastructure Limited has informed the Exchange regarding 'Annual Report for the Financial Year 2025-26 including Notice of 61st Annual General Meeting of the Company as per Regulation 34(1) of SEBI (LODR) Regulations, 2015'.

2026-08-31

Shareholders meeting

2026-08-31 - Twamev Construction and Infrastructure Limited has informed the Exchange regarding Notice of the 61st Annual General Meeting of the Company to be held on Tuesday, September 22, 2026.

2026-08-21

Copy of Newspaper Publication

2026-08-21 - Twamev Construction and Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication regarding information on e-voting and other details for the upcoming Annual General Meeting.

2026-08-21

Copy of Newspaper Publication

2026-08-21 - Twamev Construction and Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication regarding Special Window for Transfer and Dematerialization of Physical Securities.

2026-08-13

Copy of Newspaper Publication

2026-08-13 - Twamev Construction and Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication of Financial Results under Regulation 47 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

2026-08-11

General Updates

2026-08-11 - Twamev Construction and Infrastructure Limited has informed the Exchange regarding the cut off date for the 61st Annual General Meeting of the Company is Tuesday, 15th September, 2026.

2026-08-11

General Updates

2026-08-11 - Twamev Construction and Infrastructure Limited has informed the Exchange about the Company's 61st Annual General Meeting for the FY 2025-26 is scheduled to be held on 22nd September, 2026.

2026-08-11

Change in Management

2026-08-11 - Twamev Construction and Infrastructure Limited has informed the Exchange about change in Management, approving appointment of Mr Biswajit Chakraborty, as the Chief Executive Officer of the Company with immediate effect dated 11.08.2026

News

Recent coverage and analyst commentary for TICL

Loading news…

🤖

AI Stock Analyst

Twamev Construction And Infrastructure Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

3990.00

33.09

548970.57

0.95

4988.03

15.51

67941.74

6.69

15.98

12.00

RVNL

210.50

48.79

43889.67

0.34

159.52

18.73

4321.23

10.55

10.81

4.41

KPIL

1423.40

21.39

24307.76

0.77

311.53

45.85

6407.97

3.84

18.95

8.77

IRB

19.25

24.37

23250.15

1.35

3062.70

1412.58

21372.72

918.25

7.72

53.93

CEMPRO

1315.60

37.57

22600.37

0.23

140.83

2.64

2720.92

7.02

33.53

10.09

ENGINERSIN

277.10

19.86

15574.19

1.80

157.94

141.49

819.84

-5.80

30.94

20.61

TECHNOE

954.95

25.76

11106.03

0.73

93.33

-31.44

630.34

19.84

14.86

15.79

IRCON

117.80

21.16

11079.28

1.61

92.03

-43.92

1955.83

9.49

10.15

9.81

WELENT

793.45

35.93

10982.44

0.38

56.36

-44.29

773.72

-8.44

16.44

19.49

AFCONS

293.15

74.51

10781.61

0.68

30.30

-77.95

2671.00

-20.75

12.88

9.42

KEC

401.55

19.31

10689.26

1.37

72.62

-41.72

5023.54

0.01

16.35

5.79

TICL

8.04

17.70

124.62

0.00

0.51

-53.64

11.04

-5.96

9.97

7.52

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

Operating Profit

-7

-44

OPM %

-38.16%

9.32%

2.84%

-194.75%

19.30%

5.83%

19.71%

45.18%

8.09%

33.87%

9.85%

9.42%

4.62%

Interest

Depreciation

Profit before Tax

-11

Tax %

46.42%

22.42%

24.28%

601.74%

0.00%

5.25%

0.00%

-2.14%

0.00%

Net Profit

2.50

7.74

0.95

3.54

0.07

0.02

0.12

3.38

0.09

0.26

0.12

0.13

0.05

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

406

285

205

217

136

102

100

360

270

208

348

153

102

105

104

Operating Profit

-2

-131

-17

-2

-11

-51

OPM %

11.30%

5.32%

-1.20%

-60.62%

-12.42%

6.43%

-1.79%

-11.55%

-95.95%

32.57%

13.29%

242

Interest

Depreciation

Profit before Tax

-33

-45

-37

-156

215

Tax %

8.80%

-13.56%

98.11%

-5.53%

4.77%

19.24%

26.87%

26.72%

-134.28%

4.96%

-0.47%

Net Profit

-30

-51

-1

-165

205

EPS

0.00

-57.26

71.18

17.51

13.33

15.79

58.03

3.59

—

Dividend Payout %

0.00%

—

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

-71

134

184

222

268

384

440

796

752

774

823

Trade Payables

109

101

129

182

250

229

237

121

162

174

179

Total Liabilities

1,195

1,226

1,219

1,147

364

440

481

535

504

577

Capital Work in Progress

177

207

240

146

192

246

309

330

329

243

236

239

Cash & Bank

780

739

719

777

167

171

165

156

103

165

Total Assets

1,195

1,226

1,219

1,147

364

440

481

535

504

577

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-36

-40

627

-12

-36

-4

Cash from Investing

-1

-38

-3

Cash from Financing

-19

-87

-833

-1

-0

-2

-9

-0

-1

-8

-12

-2

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

94.42

94.33

89.37

85.13

84.52

84.06

83.05

0.00

0.01

0.10

0.00

0.15

0.14

0.34

0.12

0.00

Government

0.00

5.58

5.67

10.49

14.72

15.13

15.81

16.85

Twamev Construction And Infrastructure Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Twamev Construction And Infrastructure Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI