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Twamev Construction And Infrastructure Limited (IN:TICL)
:TICL
India Market
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Twamev Construction And Infrastructure (TICL) AI Stock Analysis

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IN:TICL

Twamev Construction And Infrastructure

(TICL)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
₹10.00
▼(-55.34% Downside)
Action:Reiterated
Date:06/30/26
The score is held down primarily by weak financial quality—especially deeply negative FY2026 operating/free cash flow and elevated leverage—despite a clear FY2026 rebound in profitability and margins. Valuation adds pressure with a high P/E (30.72) that increases sensitivity to any earnings/cash-flow disappointment. Technical analysis is neutral due to missing indicator data.
Positive Factors
Profitability rebound
The FY2026 profit recovery with meaningful gross and net margin improvement indicates operational fixes and better project economics. Over 2–6 months this suggests the company can sustain higher earnings if it preserves tighter cost controls and project discipline.
Negative Factors
Poor cash conversion
Large negative operating and free cash flows indicate the company is not converting accounting profits into cash, likely due to working-capital or project timing issues. That structural cash weakness threatens liquidity, may force external financing, and constrains reinvestment.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability rebound
The FY2026 profit recovery with meaningful gross and net margin improvement indicates operational fixes and better project economics. Over 2–6 months this suggests the company can sustain higher earnings if it preserves tighter cost controls and project discipline.
Read all positive factors

Twamev Construction And Infrastructure (TICL) vs. iShares MSCI India ETF (INDA)

Twamev Construction And Infrastructure Business Overview & Revenue Model

Company Description
Twamev Construction and Infrastructure Limited (TCIL) is an India-based firm that specializes in delivering a comprehensive array of infrastructure development solutions. Their expertise spans critical transportation networks, encompassing the con...
How the Company Makes Money
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Twamev Construction And Infrastructure Financial Statement Overview

Summary
FY2026 profitability rebounded with net income of 76.5M and improved margins (gross ~20.4%, net ~11.3%) plus revenue growth (+17.4%), but earnings have been volatile (losses in FY2022–FY2024). Balance sheet leverage is elevated for a cyclical contractor (debt-to-equity ~1.14) and ROE remains low (~2.5%). The largest concern is cash conversion: operating cash flow and free cash flow are deeply negative in FY2026 (-172.8M and -173.6M), indicating weak liquidity generation despite accounting profits.
Income Statement
46
Neutral
Balance Sheet
38
Negative
Cash Flow
23
Negative
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue574.50M674.50M530.50M938.60M1.00B1.02B
Gross Profit344.40M137.30M89.20M-2.80M31.10M88.20M
EBITDA578.83M80.40M-143.10M38.90M44.10M227.40M
Net Income538.30M76.50M-222.20M-24.10M-22.60M157.40M
Balance Sheet
Total Assets0.007.67B6.50B8.37B6.83B6.96B
Cash, Cash Equivalents and Short-Term Investments47.90M54.60M57.34M337.50M355.50M298.90M
Total Debt0.003.54B3.34B3.38B3.38B3.38B
Total Liabilities-2.48B4.56B4.03B5.81B4.24B4.35B
Stockholders Equity2.48B3.11B2.48B2.56B2.58B2.61B
Cash Flow
Free Cash Flow8.90M-173.60M-355.60M8.80M-30.80M390.10M
Operating Cash Flow9.00M-172.80M-354.80M30.70M-20.30M391.70M
Investing Cash Flow-35.40M21.60M155.50M21.80M-56.20M-251.60M
Financing Cash Flow35.80M152.70M84.20M-3.60M-3.90M-9.70M

Twamev Construction And Infrastructure Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
₹10.26B0.2088.23%1548.30%
57
Neutral
₹3.61B9.050.82%-4.73%-29.26%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
₹3.87B-16.1140.80%-109.62%
45
Neutral
₹3.15B25.770.47%4.13%-84.27%
43
Neutral
₹1.60B20.56-20.52%-86.18%
40
Underperform
₹3.56B275.70-41.53%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:TICL
Twamev Construction And Infrastructure
10.35
-21.95
-67.96%
IN:DBEIL
Deepak Builders & Engineers India Limited
7.76
-5.96
-43.44%
IN:GAYAPROJ
Gayatri Projects Limited
22.09
13.64
161.42%
IN:IL&FSENGG
IL&FS Engineering & Construction Co. Ltd.
27.15
-9.25
-25.41%
IN:MBLINFRA
MBL Infrastructure Limited
25.40
-16.74
-39.72%
IN:RPPINFRA
RPP Infra Projects Ltd.
63.48
-68.93
-52.06%

Twamev Construction And Infrastructure Corporate Events

Twamev Construction COO Resigns, Effective October 2025
Jul 3, 2026
Twamev Construction and Infrastructure Limited has announced that its Chief Operating Officer, Debajyoti Debnath, resigned from his role, with the resignation taking effect at the close of business on 31 October 2025. The company stated that Debna...
Twamev Promoter Shrish Tapuria Sells 9.75 Lakh Shares in Open Market
Jul 1, 2026
Twamev Construction and Infrastructure Limited disclosed that promoter Shrish Tapuria has sold 975,000 equity shares out of his total holding of 8,147,260 shares in the company. The transaction was executed through open market sales and triggered ...
Twamev Construction Opens Special Window for Transfer and Demat of Physical Shares
Apr 20, 2026
Twamev Construction and Infrastructure Limited has notified the stock exchanges that, in line with SEBI’s Listing Obligations and Disclosure Requirements and a recent SEBI circular, it has opened a special window for the transfer and demater...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 30, 2026