Teerth Gopicon Ltd
₹ 274
-4.99%
21 May
3:47 p.m.
About
Incorporated in 2019, Teerth Gopicon Ltd
is an all class civil and Electrical Contractor[1]
Key Points
- Market Cap ₹ 329 Cr.
- Current Price ₹ 274
- High / Low ₹ 774 / 192
- Stock P/E 18.6
- Book Value ₹ 60.5
- Dividend Yield 0.00 %
- ROCE 75.3 %
- ROE 84.1 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.8%
- Debtor days have improved from 177 to 116 days.
- Company's working capital requirements have reduced from 82.0 days to 47.5 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 14 | 46 | 31 | 39 | 105 | 136 | |
| 14 | 45 | 30 | 36 | 87 | 107 | |
| Operating Profit | 0 | 1 | 1 | 3 | 18 | 29 |
| OPM % | 3% | 2% | 2% | 8% | 17% | 21% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 3 |
| Profit before tax | 0 | 1 | 0 | 2 | 16 | 24 |
| Tax % | 0% | 32% | 55% | 29% | 28% | |
| 0 | 0 | 0 | 2 | 12 | 18 | |
| EPS in Rs | 4.90 | 0.92 | 0.30 | 3.40 | 14.45 | 18.09 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | 179% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 193% |
| TTM: | 285% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| Last Year: | 84% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 5 | 5 | 5 | 8 | 12 |
| Reserves | 0 | 1 | 1 | 3 | 11 | 61 |
| 11 | 9 | 14 | 4 | 13 | 16 | |
| 10 | 16 | 23 | 35 | 104 | 86 | |
| Total Liabilities | 23 | 31 | 43 | 47 | 136 | 175 |
| 3 | 1 | 1 | 2 | 13 | 15 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 2 | 2 | 3 | 3 |
| 20 | 28 | 40 | 44 | 120 | 157 | |
| Total Assets | 23 | 31 | 43 | 47 | 136 | 175 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0 | -4 | 15 | 4 | ||
| -2 | -1 | -1 | -14 | ||
| 4 | 4 | -12 | 6 | ||
| Net Cash Flow | 2 | -0 | 3 | -4 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 377 | 99 | 238 | 178 | 116 |
| Inventory Days | 189 | 74 | 110 | 109 | 282 |
| Days Payable | 371 | 153 | 324 | 142 | 79 |
| Cash Conversion Cycle | 196 | 20 | 24 | 144 | 319 |
| Working Capital Days | 247 | 79 | 170 | 28 | 48 |
| ROCE % | 5% | 2% | 16% | 75% |
Documents
Announcements
-
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
7 May 2025 - High Court stays action on ₹184 crore bank guarantee dispute; CBI investigation initiated.
-
Bagging/Receiving of orders/contracts
6 May 2025 - Award of Rs.5.58 Cr rooftop solar project from NHPC under PM Surya Ghar scheme.
-
Press Release
3 May 2025 - Teerth Gopicon wins Indore land tender worth 454.54 Cr; potential revenue ~1875 Cr from development.
-
Bagging/Receiving of orders/contracts
3 May 2025 - TGL awarded Rs. 454 crore land development contract by Indore Smart City, 36-month execution.
-
Incorporation-XBRL
30 April 2025 - TEERTH GOPICON LIMITED has informed regarding Incorporation
Annual reports
Concalls
-
Nov 2024TranscriptNotesPPT
Business Overview:[1][2]
a) TGL is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified company and is also registered as an all-class civil and electrical contractor.
b) It specializes in engineering construction and development, mainly focusing on roads, sewerage, and water distribution projects in Madhya Pradesh, particularly in the cities of Indore, Chhatarpur, Sagar, Dindori, Jabalpur, and Ujjain. It is also expanding its geographical footprint to other states.
c) TGL has executed various projects for government departments and has worked as a registered civil contractor for various central and state government departments such as ISCDL, IMC, USCL, UMC, and MPJNM.
d) The company has also undertaken building works for the private sector.