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Telge Projects Ltd (544544)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544544 NSE: Engineering Consultancy | Small Cap | Telge Projects Share Price

₹181.05 4.20 (2.37%)

As on 18-Aug'26 16:59

Telge Projects Ltd (544544)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544544 NSE: Engineering Consultancy | Small Cap | Telge Projects Share Price

₹181.05 4.20 (2.37%)

As on 18-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹173 Cr.
Current Price
₹181.1
52-Week Low / High
₹77 / 189
TTM EPS
₹2.5
TTM Sales
₹20.6 Cr.
Book Value per Share
₹37.6
P/E Ratio
71.36
Higher than its 5-year historical median
Industry PE
28.7
Price to Book (P/B)
4.70
Higher than its 5-year historical median
Price to Sales (P/S)
8.42
Higher than its 5-year historical median
EV/EBITDA
33.79
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
10.79%
Return on Capital Employed (ROCE)
13.09%
Return on Assets (ROA)
7.02%
Operating Profit Margin
20.9%
Net Profit Margin
11.79%
Gross Profit Margin
19.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
21.86%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-24.69%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-29.77%
Asset Quality
Promoter Holding
72.16%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹27 Cr.
Equity
₹9.8 Cr.
Face Value
₹10
All Time Low / High
₹77.05 / 189.00

Telge Projects stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Telge Projects Ltd a good quality company?
Telge Projects Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Telge Projects Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Telge Projects Ltd vs industry peers?
Telge Projects Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0.98%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Telge Projects Ltd?
Promoters hold 72.16% of the Telge Projects Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Telge Projects Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Telge Projects Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 13.2%29.8%54.1%45.4%13.1%-
Value Creation
Index
-0.11.12.92.2-0.1-

Growth Parameters

Sales 4.57.41116.920.621
Sales YoY Gr.-66.1%48.4%52.9%21.9%-
Adj EPS 0.51.33.34.42.42.5
YoY Gr.-180.4%154.3%33.8%-45.1%-
BVPS (₹) 2.236.31336.437.6
Adj Net
Profit
0.30.92.33.22.42
Cash Flow from Ops. 00.63.12.7-3.5-
Debt/CF from Ops. 04.20.93.5-2.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA40.4%21.9%
Adj EPS NANA23.2%-45.1%
BVPSNANA130.3%180.3%
Share Price - - - -

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
21.45070.946.110.56.7
Op. Profit
Mgn %
25.520.530.133.820.920.9
Net Profit
Mgn %
7.212.120.818.711.511.8
Debt to
Equity
1.81.20.610.30.1
Working Cap
Days
0134161153208262
Cash Conv.
Cycle
059664474212

Valuation of Telge Projects - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26
Sales47111721
Operating Expenses + 3681116
Manufacturing Costs00000
Material Costs10000
Employee Cost 245711
Other Costs 12345
Operating Profit 11364
Operating Profit Margin (%) 23.9%19.7%30.0%33.8%20.9%
Other Income + 00011
Exceptional Items 00000
Interest 00011
Depreciation 10001
Profit Before Tax 01353
Tax 00111
Profit After Tax 01232
PAT Margin (%) 7.0%12.1%20.7%20.5%11.8%
Adjusted EPS (₹)0.51.33.34.82.5
Dividend Payout Ratio (%)0%0%0%0%0%
PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 224936
Share Capital 111110
Reserves 113826
Debt +32388
Long Term Debt31365
Short Term Debt01023
Minority Interest00000
Trade Payables01111
Others Liabilities 01223
Total Liabilities 5692148

Fixed Assets

Net Fixed Assets +32289
Gross Block422910
Accumulated Depreciation11112
CWIP 00001
Investments 00244
Inventories00000
Trade Receivables12449
Cash Equivalents flag 000118
Others Assets 01247
Total Assets 5692148
PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 0133-3
PBT 01453
Adjustment 00121
Changes in Working Capital 0-1-1-3-6
Tax Paid 0-0-0-1-2
Cash Flow From Investing Activity + 0-0-3-9-2
Capex 0-0-300
Net Investments 000-30
Others 0-00-7-2
Cash Flow From Financing Activity + 0-00723
Net Proceeds from Shares 000224
Net Proceeds from Borrowing 0-004-1
Interest Paid 0-0-0-1-1
Dividend Paid 00000
Others 00021
Net Cash Flow 00-0118
PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)20.8143.0670.750.3810.79
ROCE (%)13.2329.8254.1345.3713.09
Asset Turnover Ratio0.931.281.451.10.6
PAT to CFO Conversion(x)N/A11.51-1.5
Working Capital Days
Receivable Days121.30112.90104.2088.10113.50
Inventory Days00000
Payable Days198.200000

Top 5 Mutual Funds Holding

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Announcements

Telge Projects Ltd FAQs

The current trading price of Telge Projects on 18-Aug-2026 16:59 is ₹181.1.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Aug-2026 the market cap of Telge Projects stood at ₹173.1 Cr

The latest P/E ratio of Telge Projects as of 17-Aug-2026 is 71.36.

The latest P/B ratio of Telge Projects as of 17-Aug-2026 is 4.70.

The 52-week high of Telge Projects is ₹189.0 and the 52-week low is ₹77.05.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Telge Projects is ₹20.57 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Telge Projects Ltd is a below average quality company.

The key valuation ratios of Telge Projects Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Telge Projects Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Telge Projects Ltd

Telge Projects Limited was originally incorporated under the name ‘Telge Projects Private Limited’ on January 16, 2018. The company was subsequently converted into a public limited company and the name of the company was changed to ‘Telge Projects Limited’ on January 02, 2024. 

The company is engaged in comprehensive range of engineering design services, such as building information modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting and architectural design to ensure seamless project execution. Further, it serves to EPC (Engineering, Procurement, and Construction) firms, fabricators, and contractors by delivering accurate, cost-effective engineering services in a timely manner. Its design layouts are based on two frameworks i.e. Structural Steel and Pre-cast concrete. Its clientele includes companies across the commercial, industrial, infrastructure, institutional and residential sectors in both domestic and international market.

Its projects include two types of contracts namely fixed-price contracts and time-and-material (T&M) contracts. Under fixed-price contracts, the company determines the prices for its services based on various parameters, including market demand, supply and it varies for customer to customer based on various parameter such as size of projects, payment terms, supply schedule etc. In contrast, its time-and-material contracts are based on an agreed hourly or daily rate, where clients are billed for the actual time and resources expended on the project. Once the project is completed, the company hand over the finalized designs without participating in the actual construction process. 

Business area of the company 

The company is engaged in comprehensive range of engineering design services, such as building information modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting and architectural design to ensure seamless project execution. Its clientele includes companies across the commercial, industrial, infrastructure, institutional and residential sectors in both domestic and international market.

Services of the company

  • Building Information Modeling (BIM) Services: It provides accurate 3D shop drawings, erection plans, general arrangement layouts, part and assembly drawings, bar bending schedules, detailed quantity take-offs, comprehensive reports, and automated CNC files for fabrication.
  • Structural Engineering Design Services: It provides complete 3D representations of structural elements such as foundations, columns, beams, and roofs as well as fully developed as-built models for industrial, residential, and commercial buildings.
  • Material Take- Offs (MTO): It work closely with construction firms and subcontractors to generate accurate quantity take-offs and develop efficient BIM execution plans, ensuring material and component estimates are available before construction begins.
  • 2D Drafting Services: It provides two-dimensional technical drawings using software which serve as essential blueprints across industries such as construction, engineering, and design.
  • Architectural Services: It provides detailed plans, elevations, sections, and other drawings necessary for builders to accurately construct a building.

Awards, accreditations and recognition 

  • 2020: Received award from Marathwada Yuva Munch for ‘Start-Up of the year 2020’.
  • 2023: Received Tekla BIM Award India 2023 from Everton Football Club Stadium for Sports and Recreation Projects Jury Choice Winner.
  • 2024: Received Award for ‘Trimble’s Feature Company of the Month- August 2024’.

History and milestones

  • 2018: Incorporation of the company as private limited company under the name ‘Telge Projects Private Limited’.
  • 2018: Received Trademark Registration of the brand ‘TELGE PROJECTS’ under class 42.
  • 2021: Opened office in Latur for employees.
  • 2022: Opened office in Pune location for commercial purpose.
  • 2023: Received ISO 9001:2015 issued for 3D modeling & detailing of precast structure for civil and construction Industry and 3D modeling & detailing of steel structure for civil and construction industry.
  • 2023: Acquired a company named Telge Projects Inc in Virginia, United States of America.
  • 2024: Converted to Public Limited Company and consequent name change to ‘Telge Projects Limited’.
  • 2024: Acquired Midwest Detailing Inc through subsidiary company Telge Projects Inc in Oklahoma, United States of America.
  • 2024: Acquired Draftco Inc through subsidiary company Telge Projects Inc in Texas, United States of America.

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