Twamev Construction and Infrastructure Limited — Investor Meet, 06-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Twamev Construction’s FY25 revenue rose 60% YoY to ₹84 Cr, with EBITDA turning positive at ₹207 Cr and PAT at ₹56 Cr, boosted by significant arbitration income. The clean balance sheet (net worth ~₹300 Cr) and minimal standalone debt support an asset-light approach. The ₹300-330 Cr order book spans railways, roads, water pipelines, and the Shillong ropeway, to be executed over 2-3 years. Management targets 8-10% margins excluding arbitration gains, focusing on partnerships, geographic expansion, and raising ₹8-20 Cr working capital through QIP and bank facilities. The outlook is cautiously optimistic with steady growth and stronger governance.