Twamev Construction and Infrastructure Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Twamev Construction reported standalone revenue of INR 6,745 Lakh for FY 2026, down from INR 8,486 Lakh in FY 2025 — a revenue decline of about 20.5%. Standalone net profit for Q4 FY26 was INR 191 Lakh. The auditors issued a clean unqualified opinion on standalone financials but issued a QUALIFIED opinion on consolidated financials due to issues in two subsidiaries: Tantia Infrastructure Pvt Ltd (loan recognition issues) and Tantia Raxaultollway Pvt Ltd (NHAI project termination, NPA facilities, pending arbitration claims of INR 98,618 Lakh). The company is under NCLT resolution process for settlement of Rs 2,100 Lacs and has an associate (TSPL) admitted to insolvency. Standalone operating cash flow was negative at INR 1,795 Lakh. The auditor highlighted that standalone profit is understated by INR 32 Lakh due to unaccounted rental income.
The stock faces moderate negative pressure due to revenue decline, qualified consolidated audit opinion, negative operating cash flow, and ongoing NCLT/insolvency proceedings in group entities. The qualified opinion on consolidation and subsidiary issues add risk.