Skip to content

Twamev Construction and Infrastructure Limited (TICL)

Small Cap

Real Estate stocks · Small cap · NSE

Twamev Construction and Infrastructure Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹7.81
-0.32 · -3.94%
Market cap ₹127 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am IST
Details
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:31 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens

Trend score and candlestick chart

39Bearish

SMA20 -7.3% / mo · MACD + · near 52W low · sector -6.4pp vs Nifty 500 (3M)

Stock trend: 37
Sector RS: 44
Sector 3M: -12.0% vs Nifty 500 -5.6%

Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence

Technical chart

TICLD candles · FIT view-66.7%
Latest close ₹7.81 on 2026-10-19
Bar
-6.2%
RSI
49
MACD hist
0.10
52W pos
9%
Visible chart range
Candle interval
2026-10-19O ₹8.33H ₹8.33L ₹7.74C ₹7.81Vol 69,076 sh
₹4.31₹9.91₹15.51₹21.12₹26.7252L₹7.812026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

TICLNifty RealtyNifty 500
-48%-28%-7%+13%20 Jul1 Sept19 Oct19 Oct 2026TICL -20.1%Nifty Realty -11.0%Nifty 500 -5.6%
TICL
-20.1%
Nifty 500
-5.6%
Nifty Realty
-11.0%
Vs Nifty 500
-14.5 pp
Chart stats
19 Oct 2026
From 52W high
-77.0%
₹34
52W range position
9%
₹5.3 - ₹34
ATR (14)
6.2%
₹0.5
Volume vs 20D
0.08x
Latest completed session
Avg traded value
₹0.5 Cr
20-session average
20D price channel
₹5.3 - ₹9.4
62.4% annualized volatility
Research snapshot

What the evidence says now

Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.

Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · WATCHLIST
40

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Bad
0

Revenue -6.0% · PAT -53.6% YoY

Technical
Bearish
39

Price trend and sector-relative-strength timing.

Valuation
Legacy model
+47.9%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
43

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Bad · 0/100

Rev -6% YoY · PAT -54% YoY · margin expansion

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹11 Cr-6.0%-51.0%
EBITDA₹0.8 Cr+10.7%-55.4%
Operating margin7.5%+113 bps-74 bps
PAT₹0.5 Cr-53.6%-68.3%
PAT margin4.6%-475 bps-253 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
18.00
P/B
0.41
EV/EBITDA
50.42
Market Cap
127.00Cr

Profitability

ROE
2.25%
ROCE
1.17%
ROA
0.92%
Dividend Y
—

Growth (CAGR)

Revenue 5Y
-8.00%
EPS 5Y
16.00%
Revenue 3Y
-10.00%
EPS 3Y
40.00%

Balance Sheet

Debt/Equity
1.14
Interest Coverage
9.89×
Altman Z
0.98
Book Value
20.10

Cash Flow

FCF Yield
—
FCF Positive Y
3/5
OCF
-17.96 Cr
EPS TTM
0.45

Shareholding

Promoter Hold
83.05%
Promoter Pledge
0.00%
Momentum 52W
10%

Financial History

Updated 19/10/2026

Revenue

₹ Cr
Latest: 67.5-20.5% vs prev
0234.6Mar 2017: 235Mar 2018: 187Mar 2019: 218Mar 2020: 136Mar 2021: 102Mar 2022: 100Mar 2023: 93.9Mar 2024: 53.0Mar 2025: 84.9Mar 2026: 67.5FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 7.7-86.3% vs prev
-189.50308.3Mar 2017: -87.2Mar 2018: -19.4Mar 2019: -190Mar 2020: 308Mar 2021: 15.7Mar 2022: -2.3Mar 2023: -2.4Mar 2024: -22.2Mar 2025: 56.0Mar 2026: 7.7FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 2.5-86.7% vs prev
-68.50125.8Mar 2017: -68.5%Mar 2018: -16.5%Mar 2020: 126%Mar 2021: 6.0%Mar 2022: -0.9%Mar 2023: -0.9%Mar 2024: -9.0%Mar 2025: 18.4%Mar 2026: 2.5%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 49.

  • Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
  • SMA20 falling (~7.9% over last month) — short-term momentum negative.
  • RSI(14) at 49 — sideways, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 77% off 52W high · 47% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

2
RS percentile
Stage 4 Downtrend
1M return
+33.5%
3M return
-20.1%
6M return
-63.6%
1Y return
-74.0%
RS 1D
0
RS 20D
+1
Sector rank
#18
Industry rank
#71
Stage evidence
  • Price is 49.4% below the 30-week proxy.
  • The 50-DMA is below the 30-week proxy and its slope is falling -13.4%.
  • Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 34.56-2.92%
184981112143Sept 25Feb 26Jun 26Oct 2635
RS vs Nifty 50035

Valuation & peers

U-Score 40 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies

40U-SCORE
Distress Watch

Fundamental score breakdown

U band · WATCHLIST
Valuation21/30
Growth17/25
Quality0/20
Balance Sheet6/15
Cash Flow2/10
Piotroski
4/9 (+1)
Penalties
-7
Raw sum
40

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

40/100 · legacy band WATCHLIST

Positive drivers

  • Fair-value margin of safety is positive at 47.9%.
  • Valuation contributes 21/30 to the score.
  • Growth contributes 17/25 to the score.

Main drags

  • Altman Z is 1.0, in distress territory.
  • Penalty bucket subtracts 7 points.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Execution business valuation: EV/EBITDA plus order and working-capital risk

Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.

Execution EV/EBITDA
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
18.0
PB
0.4
EV/EBITDA
50.4
ROE
2.3%
ROCE
1.2%
FCF Yield
—
Debt/Equity
1.1
MoS
+47.9%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
40
Previous: 40
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+47.9%
Previous: +47.9%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
40
40
40
40
40
40
40
40
40
40
40
40

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹14.27
+45.3% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹14.99
+47.9% MoS
PEG
0.70

Comparable companies

Peers

Business-comparable peers in Real Estate — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
RUCHINFRA
Small
Ruchi Infrastructure Limited
Real Estate
match 178
48
19.0
1.6%
+32%
FAIR VALUE
USK
Small
Udayshivakumar Infra Limited
Real Estate
match 178
35
8.7
1.0%
-454%
WATCHLIST
SADBHIN
Small
Sadbhav Infrastructure Project Limited
Real Estate
match 176
29
1.1
—
-48%
OVERVALUED
THAKDEV
Small
Thakkers Developers Limited
Real Estate
match 176
40
8.9
3.3%
-196%
WATCHLIST
SEMAC
Small
Semac Construction Limited
Real Estate
match 176
44
11.2
9.2%
+38%
WATCHLIST

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Twamev Construction and Infrastructure Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
43Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 2nd percentile of the scored universe and 6th percentile within Real Estate. Main check: results consistency is weak at 17/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
16 docs text-extracted · 2 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
2nd percentile

overall median 67 · Real Estate: 6th pctile, median 61 · Small: 2nd pctile, median 66

Evidence depth
Financial-only

16 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Do not rely on management narrative unless hard turnaround evidence is visible.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
43
weak · leverage and solvency
Discipline
30
weak · capital discipline
Results
17
weak · quarterly consistency

Trust positives

  • ▸Promoter holding is 83.1%.
  • ▸Promoter pledge is zero.

Trust risks

  • ▸Operating cash flow is negative at ₹-18 Cr.
  • ▸Altman Z is 0.97.
  • ▸2 latest quarters had PAT decline worse than 25% YoY.
  • ▸Promoter holding fell 2.1%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

6 shown
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Sep - Newspaper Publication with respect to Information on e-voting and other details regarding ensuing Annual General Meeting of the Company.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Aug - Information related to e-voting and other details regarding Annual General Meeting.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Aug - Newspaper Publication regarding Special Window for Transfer and Dematerialization of Physical Securities.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.