Teerth Gopicon Ltd
Incorporated in 2019, Teerth Gopicon Ltd
is an all class civil and Electrical Contractor[1]
- Market Cap ₹ 138 Cr.
- Current Price ₹ 115
- High / Low ₹ 774 / 95.0
- Stock P/E 10.8
- Book Value ₹ 63.3
- Dividend Yield 0.00 %
- ROCE 28.7 %
- ROE 27.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 92.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.1%
- Debtor days have improved from 126 to 84.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 108 days to 248 days
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 14 | 46 | 31 | 39 | 105 | 118 | |
| 14 | 45 | 30 | 36 | 87 | 94 | |
| Operating Profit | 0 | 1 | 1 | 3 | 18 | 25 |
| 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 | 5 |
| Profit before tax | 0 | 1 | 0 | 2 | 16 | 18 |
| Tax % | 0% | 32% | 55% | 29% | 28% | 29% |
| 0 | 0 | 0 | 2 | 12 | 13 | |
| EPS in Rs | 4.90 | 0.92 | 0.30 | 3.40 | 14.45 | 10.70 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 56% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 92% |
| 3 Years: | 341% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -75% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 38% |
| Last Year: | 27% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 5 | 5 | 5 | 8 | 12 |
| Reserves | 0 | 1 | 1 | 3 | 11 | 64 |
| 11 | 9 | 14 | 4 | 13 | 33 | |
| 10 | 16 | 23 | 35 | 104 | 63 | |
| Total Liabilities | 23 | 31 | 43 | 47 | 136 | 172 |
| 3 | 1 | 1 | 2 | 13 | 24 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 2 | 2 | 3 | 3 |
| 20 | 28 | 40 | 44 | 120 | 146 | |
| Total Assets | 23 | 31 | 43 | 47 | 136 | 172 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0 | -4 | 15 | 4 | -39 | ||
| -2 | -1 | -1 | -14 | -15 | ||
| 4 | 4 | -12 | 6 | 56 | ||
| Net Cash Flow | 2 | -0 | 3 | -4 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 377 | 99 | 238 | 178 | 116 | 85 |
| Inventory Days | 189 | 74 | 110 | 109 | 282 | 275 |
| Days Payable | 371 | 153 | 324 | 142 | 79 | 30 |
| Cash Conversion Cycle | 196 | 20 | 24 | 144 | 319 | 330 |
| Working Capital Days | 247 | 79 | 170 | 28 | 48 | 248 |
| ROCE % | 5% | 2% | 16% | 75% | 29% |
Documents
Announcements
-
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
10 July 2025 - Litigation update: next hearing scheduled for July 21, 2025; no settlement or key personnel involvement.
-
Updates
5 July 2025 - Termination of 10-year turnkey water supply contract by MP Jal Nigam due to bank guarantee issues.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
3 July 2025 - Certificate confirming compliance with SEBI dematerialization regulations for Q1 FY2026.
-
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
1 July 2025 - Update on pending litigation; investigation ongoing, next hearing on 09.07.2025.
-
Clarification - Financial Results
1 July 2025 - Exchange has sought clarification from Teerth Gopicon Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
Annual reports
Concalls
-
Jun 2025TranscriptPPTREC
-
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.