Teerth Gopicon Ltd.

Teerth Gopicon Ltd.

NNSE:TGL
10.85
INR
-0.20
(-1.81%)
3.79BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
38.5
25.97
32.57
87.44
99.93
- -
Basic EPS, GAAP
0.39
0.13
1.42
9.63
10.85
- -
Free Cash Flow per Basic Share
-0.22
-3.51
12.6
3.39
-18.99
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
4.95
5.08
6.83
16.07
63.31
63.31
Tangible Book Value per Share
4.95
5.08
6.83
16.07
56.77
56.77
Basic Weighted Avg Shares
12
12
12
12
12
12
Sales/Revenue/Turnover
462
312
391
1,049
1,183
- -
Operating Margin (%)
1.46
1.02
6.55
16.08
17
- -
Depreciation Expense
4
4
5
13
45
- -
Net Income, GAAP
5
2
17
116
128
- -
Effective Tax Rate (%)
31.81
53.54
28.87
27.98
28.51
- -
Profit Margin (%)
1.01
0.49
4.35
11.02
10.86
- -
Working Capital
126
167
84
108
613
613
LT Debt
93
137
37
73
120
120
Total Equity
59
61
82
193
760
760
Return on Invested Capital (%)
- -
0.83
10.83
46.96
19.88
- -
Return on Capital (%)
- -
0.94
10.99
53.84
21.35
- -
Return on Common Equity (%)
- -
2.54
23.78
84.13
26.96
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'24
Sep'25
Mar'25
ST Debt
62
81
123
LT Borrowings
73
81
120
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
- -
7,004
3,786

Working Capital

INR

•

in mil. unless spec.
Mar'24
Sep'25
Mar'25
Total Current Assets
1,203
1,566
1,478
Cash, Cash Equivalents & STI
11
10
26
Accounts Receivable, Net
333
456
274
Inventories
589
650
628
Total Current Liabilities
1,095
942
865
Payables & Accruals
- -
- -
- -
ST Debt
62
81
123
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
294.04%
Free Cash Flow
- -
- -
-652.33%
Net Income, GAAP
- -
- -
11.07%
Sales/Revenue/Turnover
- -
- -
12.72%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
391
2024
- -
- -
1,049
2025
- -
- -
1,183

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1.42
2024
- -
- -
9.63
2025
- -
- -
10.85

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Maheshbhai M. Kumbhani
Full Time Employees
262
Sector
Industrial services
Industry
Engineering & construction
Address
204, Amar Metro Indore MP India 452007
IPO Date
Apr 16, 2024
Business
Teerth Gopicon Ltd (TGL:NSI) is an India-based engineering, procurement, and construction (EPC) company focused on civil engineering projects including road construction, sewerage networks, water supply and distribution systems; building construction; sewage and water treatment plants; overhead tanks and reservoirs; nalla tapping and reuse networks; lake rejuvenation; and related infrastructure works such as dams, canals, gabion structures, and compound walls. The company serves central and state government departments including ISCDL, IMC, USCL, UMC, and MPJNM, as well as private sector clients, with primary operations in Madhya Pradesh cities such as Indore, Ujjain, Jabalpur, Chhatarpur, Sagar, and Dindori. Founded in 2009 and headquartered at 204 Amar Metro, Pagnis Paga, Indore, Madhya Pradesh, with a registered office in Ahmedabad, Gujarat, Teerth Gopicon employs approximately 262 personnel and holds ISO 9001:2015 certification. In recent developments, the company listed on the NSE Emerge SME platform in April 2024 following an initial public offering that raised Rs 44.4 crore to fund working capital and corporate purposes. In August 2024, Teerth Gopicon amended its object clause at an extraordinary general meeting to diversify into renewable energy, encompassing solar, wind, and hybrid projects, aligning with India's sustainability goals. This strategic expansion was marked by a Rs 236.8 crore order secured in December 2024 from Rajasthan Renewable Energy Corporation for rooftop solar installations on state government buildings, including design, supply, installation, and 25-year operation and maintenance. The company's order book reached Rs 1,081.25 crore as of November 2024, supported by robust H1 FY25 financials showing 82% revenue growth to Rs 681.2 crore and 202% EBITDA increase.