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Twamev Construction And Infrastructure Ltd (TICL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532738 NSE: TICL Engineering - Construction | Small Cap | Twamev Construction Share Price

₹22.42 -0.02 (-0.09%)

As on 04-Jun'26 16:59

Twamev Construction And Infrastructure Ltd (TICL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532738 NSE: TICL Engineering - Construction | Small Cap | Twamev Construction Share Price

₹22.42 -0.02 (-0.09%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹348 Cr.
Current Price
₹22.4
52-Week Low / High
₹20 / 35
TTM EPS
₹0.6
TTM Sales
₹67.5 Cr.
Book Value per Share
₹30
P/E Ratio
38.19
Higher than its 5-year historical median
Industry PE
29.9
Price to Book (P/B)
0.75
Higher than its 5-year historical median
Price to Sales (P/S)
5.15
Higher than its 5-year historical median
EV/EBITDA
40.83
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
13.00%
Outperforms industry median
Return on Capital Employed (ROCE)
12.29%
Outperforms industry median
Return on Assets (ROA)
10.28%
Operating Profit Margin
32.6%
Net Profit Margin
65.53%
Gross Profit Margin
123.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
59.96%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-38.17%
Asset Quality
Promoter Holding
84.06%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹449 Cr.
Equity
₹15.5 Cr.
Face Value
₹1
All Time Low / High
₹0.90 / 309.70

Twamev Construction And Infrastructure stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Overvalued

Price Trend

Semi Strong
Q.1 Is Twamev Construction And Infrastructure Ltd a good quality company?
Twamev Construction And Infrastructure Ltd is a average quality company, based on a somewhat consistent 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 Twamev Construction And Infrastructure Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Twamev Construction And Infrastructure Ltd vs industry peers?
Twamev Construction And Infrastructure Ltd revenue CAGR is -9.03%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Twamev Construction And Infrastructure Ltd?
Promoters hold 84.06% of the Twamev Construction And Infrastructure Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Twamev Construction And Infrastructure Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.4% 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.
Twamev Construction And Infrastructure Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.9%4.8%3%-12.6%44.3%25.1%18.2%18.8%9.7%12.3%-
Value Creation
Index
-0.7-0.7-0.8NA2.20.80.30.3-0.3-0.1-

Growth Parameters

Sales 40628520521713610210093.953.184.967
Sales YoY Gr.--29.7%-28%5.5%-37.2%-25.1%-1.6%-6.5%-43.5%60%-
Adj EPS -16.1-17.8-0.4-57.322.114.413.115.850.75.60.6
YoY Gr.-NANANANA-34.7%-9.1%20.2%221.6%-89%-
BVPS (₹) 55.942.542.4-14.856.57487.3103.125829.430
Adj Net
Profit
-30.3-51-1.2-16563.641.537.745.378.686.69
Cash Flow from Ops. 20.4-29.571-34.882653.4-4.32.9-35.7-4.5-
Debt/CF from Ops. 43.9-24.310.5-23.10.11.3-15.523.3-1.8-15.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -16%-9%-5.4%60%
Adj EPS NA-24%-24.8%-89%
BVPS-6.9%-12.2%-30.4%-88.6%
Share Price 3.8% 24.4% 23.3% -12.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-25-44.5-1-413106.122.116.316.622.620.32
Op. Profit
Mgn %
11.36.5-1.2-60.6-12.47.1-1.8-11.6-94.532.613.8
Net Profit
Mgn %
-7.5-17.9-0.6-75.946.740.737.648.3148.2102.113.6
Debt to
Equity
8.55.96.1-18.90.40.30.30.20.20.20.1
Working Cap
Days
8991,2771,7171,5341,4056867007141,165844549
Cash Conv.
Cycle
349495663518358268261289391171315

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales406285205217136102100945385
Operating Expenses + 3602702083481539510210510457
Manufacturing Costs2111321091251047961552629
Material Costs10897671813002326713
Employee Cost 16171512756576
Other Costs 2524173011101318659
Operating Profit 4615-2-131-177-2-11-5128
Operating Profit Margin (%) 11.3%5.3%-1.2%-60.6%-12.4%6.4%-1.8%-11.5%-95.9%32.6%
Other Income + 5383536414960797679
Exceptional Items 0000201130017-44
Interest 72886254522212
Depreciation 12977654422
Profit Before Tax -33-45-37-1562156252623859
Tax -36-36910121417-523
Profit After Tax -30-51-1-1652055038459056
PAT Margin (%) -7.5%-17.8%-0.3%-75.9%150.2%49.4%38.2%48.3%169.5%65.5%
Adjusted EPS (₹)-16.1-17.6-0.2-57.371.217.513.315.858.03.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Twamev Construction - 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!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 106123122-43162213251296400456
Share Capital 19292929292929291616
Reserves 889493-71134184222268384440
Debt +776651647577454545455661
Long Term Debt277175142000003934
Short Term Debt499475506577454545451727
Minority Interest0000000000
Trade Payables1091019412913191191215
Others Liabilities 2033523564831441641751853746
Total Liabilities 1,1951,2271,2191,147364440481535504577

Fixed Assets

Net Fixed Assets +513835312621131187
Gross Block141475154545446454444
Accumulated Depreciation9091622283333343537
CWIP 0030000100
Investments 86177207240146192246309330329
Inventories24323623987182722243025
Trade Receivables280250222215776463612544
Cash Equivalents 34351512730353488
Others Assets 5004904975619010710395103165
Total Assets 1,1951,2271,2191,147364440481535504577

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 20-2971-3582653-43-36-4
PBT -33-45-37-1562156252623859
Adjustment 77673323-103-54-52-60-34-30
Changes in Working Capital -15-58649251526-121-40-33
Tax Paid -96116-36700-0
Cash Flow From Investing Activity + -18646-38-34160
Capex -20-6-0-000-21-0
Net Investments -141034-40-5414-1
Others 2431222211
Cash Flow From Financing Activity + -1926-8730-833-1-0-283
Net Proceeds from Shares 021000000140
Net Proceeds from Borrowing 1131-66-13-20400039-6
Interest Paid -65-39-51-28-96-1-0-2-1-2
Dividend Paid 000-0-000000
Others 34133071-533000-4310
Net Cash Flow 15-9-0-114-85-12-2

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-25.34-44.57-0.57N/A341.5926.8516.5316.5725.8413
ROCE (%)3.914.783.04N/A44.3225.1118.218.789.6512.29
Asset Turnover Ratio0.340.240.170.180.180.250.220.180.10.16
PAT to CFO Conversion(x)N/AN/AN/AN/A4.031.06-0.110.07-0.4-0.07
Working Capital Days
Receivable Days236.50338.60419.10368.70392.20252.90230.40240.10296148.70
Inventory Days218.40306.70422.60274.50140.5081.3088.3089187.80118.90
Payable Days339.60396.80531.90224.30852.700240.40142.20562.20381.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Twamev Construction And Infrastructure Ltd FAQs

The current trading price of Twamev Construction on 04-Jun-2026 16:59 is ₹22.42.

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 03-Jun-2026 the market cap of Twamev Construction stood at ₹347.5 Cr

The latest P/E ratio of Twamev Construction as of 03-Jun-2026 is 38.19.

The latest P/B ratio of Twamev Construction as of 03-Jun-2026 is 0.75.

The 52-week high of Twamev Construction is ₹35.27 and the 52-week low is ₹19.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Twamev Construction is ₹67.45 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Twamev Construction And Infrastructure Ltd is a average quality company.

The key valuation ratios of Twamev Construction And Infrastructure Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Twamev Construction And Infrastructure Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Twamev Construction And Infrastructure Ltd

Tantia Constructions Company was set up in 1964 by the Late G.P. Tantia to strengthen India’s railway infrastructure. It was one of the first Indian companies to be accredited for ISO 9001:2000 from DNV, the Netherlands in 2001.

For decades, eastern India was dismissed as remote and under-invested. This picture is rapidly changing. With fresh investments being made in the development of roads, railways and airports.

The company entered advanced mechanised road construction in compliance with specifications set by the Ministry of Surface Transport in 1990. Since then, TCL has built roadways in iverse terrains – the hills of Mizoram, coastal areas of Kerala, plains of Punjab and the hard plateau of Karnataka – on schedule.

Tantia established its credentials in the field of construction, widening, conversion, maintenance, strengthening and beautification of roadways, road bridges, highways and flyovers. The company's expertise in the maintenance of road infrastructure will translate into complete solutions for the benefit of the client, community and country.

Extensive knowledge of the local terrain and culture, together with prior experience of undertaking projects on a pan-India basis, will result in nationwide road building opportunities.

The one company that is helping to make this a vibrant reality is Tantia Constructions Limited. A core infrastructure company. A pioneer in creating infrastructure in Eastern India. Enjoying a wide and deep footprint across the region.

In 2011 Tantia Constructions has received a project from Eastern Railway, Construction Department, Kolkata and a project from Bharat Heavy Electricals Ltd., Noida

In 2012 Tantia Constructions received a project from South Eastern Railway, Kolkata.

The alliance partners of the company are:

  • TSO, France
  • Road Builder Sdn Berhad Malaysia, Malaysia
  • IVRCL Infrastructure and Projects Limited, India
  • Ramky Infrastructures Limited, India
  • BSBK Limited, India
  • Soma Enterprise Limited, India
  • Basic Engineering Limited, Bangladesh
  • OTBL, Bangladesh

Business area of the company:

  • Roads and highways
  • Railway infrastructure
  • Urban infrastructure
  • Aviation infrastructure
  • Marine infrastructure
  • Power transmission 

Clientele:

  • Eastern Railway
  • East Central Railway
  • Western Railway 
  • North Eastern Railway
  • South Eastern Railway
  • North East Frontier Railway
  •  Kolkata Metro Railway
  •  IRCON International Ltd.
  • RITES
  • National Highway Authority of India (NHAI)
  • HRBC
  • HIDCO
  • NEEPCO and many more.

Achievements/ recognition:

  • ISO 9001:2000 from DNV, the Netherlands in 2001
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