Teerth Gopicon Q4 FY25 Share Price & Earnings Call Analysis

₹9.85-1.99% today
Market cap
₹12 Cr
ROE
26.96%
Price to sales
0.25
Debt to equity
0.96
52W high / low
₹79.9 / ₹9.85
Sales growth (5Y)
53.14%
EBITDA margin
-12.44%
Net profit margin
10.86%
Promoter holding
63.37%
Sales (last year)
₹51 Cr

Incorporated in 2019, Teerth Gopicon Ltd is an all class civil and Electrical Contractor[1]

Guidance scorecard · Q4 FY25 call

What Teerth Gopicon Ltd's management guided
and where it ranks in Construction

#58of 58 in
Construction

RevenueQ4 FY25 call

0–10%
  • Teerth Gopicon Limited (TGL) projects growth aligned with its robust order book of approximately Rs. 2,000 crores spanning infrastructure and renewable energy sectors.
  • Revenue growth depends heavily on government budget announcements, project approvals, and resolution of pending issues like the bank guarantee (BG) investigation.
  • Execution delays due to land acquisition, documentation, and payments from government departments have impacted revenue, especially in H2 FY25.
  • Management is focused on clearing backlog and expects to meet backlog and projected targets once external issues (legal and funding) are resolved.
  • Renewable energy projects (220 MW) are in pipeline; revenue recognition awaits PPA signings and project execution.
  • Real estate projects (e.g., Indore Rs. 454 crores) expected to generate revenue after at least one year due to planning and approvals.

2 more points from Teerth Gopicon Ltd's call on revenue

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Full Q4 FY25 analysis

MarginsQ4 FY25 call

Flat

See what Teerth Gopicon Ltd said on margins — free account, 30 seconds.

Full Q4 FY25 analysis

CapexQ4 FY25 call

Planned
  • Teerth Gopicon Limited has plans related to real estate projects, including an Indore Municipal Corporation project with land parcels worth Rs. 454 crores and revenue potential around Rs. 1,800 crores; execution expected after one year post land…
  • The company has also strategized investments in solar EPC and module manufacturing under renewable energy, although revenue recognition is pending PPA signing and project approvals.
  • Funding for large orders and projects (including the Rs. 2,000+ crore order book) is planned internally with some investor support; specifics on debt vs. equity not yet finalized.
  • Overall, capex and strategic investments focus on infrastructure, real estate developments, and clean energy-linked projects aligning with government budget and policies, with detailed project plans to be disclosed progressively.
Full Q4 FY25 analysis

FundraisingQ4 FY25 call

Planned

See what Teerth Gopicon Ltd said on fundraising — free account, 30 seconds.

Full Q4 FY25 analysis

Order bookQ4 FY25 call

  • Current order book is approximately Rs. 2,000 crores, including both Infrastructure and Renewable sectors.
  • Infra order book is around Rs. 930 crores, with approximately 90% from the Jal Jeevan Mission.
  • Renewable energy orders include a 220 MW project valued at around Rs. 800 crores on a PPA mode, with a two-year execution timeline.
  • Order book has seen changes from previous quarters (Rs. 2,000+ crores vs earlier reported Rs. 930 crores in credit ratings) due to categorization and execution status.
  • Indore Smart City project has an LOA (Letter of Award) around Rs. 434 crores; execution expected to start after one year post land acquisition.
  • Future projects like Ujjain Simhastha 2028 and Namami Gange have large budgets (Rs. 18,000 crores and Rs. 22,500 million respectively) representing growth opportunities.

2 more points from Teerth Gopicon Ltd's call on the order book

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Full Q4 FY25 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Construction
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Construction companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹6,531 Cr11.7
240%+Flat₹1,089 Cr9.3
340%+Flat₹898 Cr7.6
440%+Flat₹807 Cr14.7
540%+Flat₹554 Cr13.1
640%+Flat₹516 Cr30.7

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Financials of Teerth Gopicon Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Teerth Gopicon Ltd

Quarterly Results

Quarter-by-quarter operating performance

No quarterly results data available for this company yet.

Financials of Teerth Gopicon Ltd

Profit & Loss

Annual income statement trend

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +1446313910511851
Expenses +14453036879457
Operating Profit01131825-6
OPM %3%2%2%8%17%21%-12%
Other Income +0000000
Interest0000123
Depreciation0000155
Profit before tax01021618-14
Tax %0%32%55%29%28%29%
Net Profit +00021213-16
EPS in Rs4.900.920.303.4014.4510.70-13.17
Dividend Payout %0%0%0%0%0%0%

Financials of Teerth Gopicon Ltd

Balance Sheet

Capital structure and asset base

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital155581212
Reserves0113116445
Borrowings +119144133955
Other Liabilities +101623351045774
Total Liabilities23314347136172185
Fixed Assets +3112132421
CWIP0000000
Investments0122331
Other Assets +20284044120146163
Total Assets23314347136172185

Financials of Teerth Gopicon Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +0-4154-39
Cash from Investing Activity +-2-1-1-14-15
Cash from Financing Activity +44-12656
Net Cash Flow2-03-41
Free Cash Flow-0-416-9-54
CFO/OP61%-519%539%47%-138%

Financials of Teerth Gopicon Ltd

Ratios

Working capital efficiency and return ratios

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days3779923817811685
Inventory Days18974110109282275
Days Payable3711533241427930
Cash Conversion Cycle1962024144319330
Working Capital Days247791702834182
ROCE %5%2%16%75%28%

What Teerth Gopicon Ltd's management said in earlier quarters

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