Teerth Gopicon Ltd
Incorporated in 2019, Teerth Gopicon Ltd
is an all class civil and Electrical Contractor[1]
- Market Cap ₹ 75.2 Cr.
- Current Price ₹ 62.7
- High / Low ₹ 660 / 38.5
- Stock P/E
- Book Value ₹ 47.3
- Dividend Yield 0.00 %
- ROCE 30.7 %
- ROE 27.0 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Working capital days have increased from 107 days to 181 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 105 | 118 | 51 | |
| 87 | 94 | 57 | |
| Operating Profit | 18 | 25 | -6 |
| OPM % | 17% | 21% | -12% |
| 0 | 0 | 0 | |
| Interest | 1 | 2 | 3 |
| Depreciation | 1 | 5 | 5 |
| Profit before tax | 16 | 18 | -14 |
| Tax % | 28% | 29% | |
| 12 | 13 | -16 | |
| EPS in Rs | 14.45 | 10.70 | -13.23 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -62% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -190% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -89% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 27% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 8 | 12 | 12 |
| Reserves | 11 | 64 | 45 |
| 13 | 24 | 55 | |
| 104 | 74 | 118 | |
| Total Liabilities | 136 | 175 | 230 |
| 13 | 24 | 21 | |
| CWIP | 0 | 0 | 0 |
| Investments | 3 | 3 | 76 |
| 120 | 148 | 133 | |
| Total Assets | 136 | 175 | 230 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 4 | -22 | |
| -14 | -15 | |
| 6 | 39 | |
| Net Cash Flow | -4 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 116 | 85 |
| Inventory Days | 282 | 275 |
| Days Payable | 79 | 30 |
| Cash Conversion Cycle | 319 | 330 |
| Working Capital Days | 34 | 181 |
| ROCE % | 31% |
Documents
Announcements
-
Resignation
26 November 2025 - Company Secretary & Compliance Officer Diksha Joshi resigned effective 26-Nov-2025 due to maternity and health reasons.
-
Outcome of Board Meeting
14 November 2025 - Board approved H1 (30 Sep 2025) results; auditors reported contract terminations totalling ~Rs.974 crore (Jun–Oct 2025).
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Resignation
28 October 2025 - CFO Sagar Shah resigned effective 27.10.2025 due to father's medical condition.
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Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
17 October 2025 - Writ petition by Teerth Gopicon vs Indore Smart City; HC (15-Oct-2025) ordered respondent to hold petitioner’s payment in interest-bearing account.
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Updates
17 October 2025 - LOA dated 01.05.2025 terminated (received 04.10.2025) for 68,510.492 sq.m parcel; instalment non-payment
Annual reports
Concalls
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Jun 2025TranscriptPPTREC
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Nov 2024TranscriptAI SummaryPPT
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.