New Risk • Jul 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 15% Last year net profit margin: 21% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). High level of non-cash earnings (34% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (15% net profit margin). Revenue is less than US$5m (₹402m revenue, or US$4.2m). Market cap is less than US$100m (₹1.67b market cap, or US$17.3m). Reported Earnings • Jul 17
First quarter 2027 earnings released: EPS: ₹2.89 (vs ₹2.26 in 1Q 2026) First quarter 2027 results: EPS: ₹2.89 (up from ₹2.26 in 1Q 2026). Revenue: ₹173.4m (up 107% from 1Q 2026). Net income: ₹28.3m (up 192% from 1Q 2026). Profit margin: 16% (up from 12% in 1Q 2026). The increase in margin was driven by higher revenue. 공고 • Jul 16
Telge Projects Limited Appoints Namrata Bang as Company Secretary and Compliance Officer, Effective July 16, 2026 Telge Projects Limited at its board meeting held on July 16, 2026, on the recommendation of Nomination and Remuneration Committee, approved appointment of Ms. Namrata Bang (Membership no. A78292) as Company Secretary and Compliance Officer of the company. Ms. Namrata is a qualified Company Secretary with professional experience in corporate laws, secretarial compliances, and corporate governance. Prior to joining the Company, she was associated with KPN & Associates, Company Secretaries, where she was involved in advising and assisting clients on compliance with the Companies Act, 2013, SEBI Regulations, and other applicable corporate laws. During her tenure at KPN & Associates, Ms. Bang was involved in secretarial compliance, preparation and filing of statutory documents with regulatory authorities, conducting Board and General Meeting compliances, maintenance of statutory records, and assisting in secretarial audits and other corporate law matters. Ms. Bang possesses a sound understanding of corporate governance practices, regulatory compliances, and secretarial functions, and is well-equipped to discharge the responsibilities of the Company Secretary and Compliance Officer. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹156, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 16x in the Construction industry in India. 공고 • Jul 11
Telge Projects Limited to Report Q1, 2027 Results on Jul 16, 2026 Telge Projects Limited announced that they will report Q1, 2027 results on Jul 16, 2026 New Risk • Jun 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (15% net profit margin). Revenue is less than US$5m (₹402m revenue, or US$4.2m). Market cap is less than US$100m (₹1.26b market cap, or US$13.3m). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹129, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 15x in the Construction industry in India. Reported Earnings • May 20
Full year 2026 earnings released: EPS: ₹7.00 (vs ₹7.65 in FY 2025) Full year 2026 results: EPS: ₹7.00. Revenue: ₹407.4m (up 59% from FY 2025). Net income: ₹59.4m (up 9.7% from FY 2025). Profit margin: 15% (down from 21% in FY 2025). The decrease in margin was driven by higher expenses. 공고 • May 11
Telge Projects Limited to Report Q4, 2026 Results on May 18, 2026 Telge Projects Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on May 18, 2026 New Risk • Feb 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹884.1m (US$9.72m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹884.1m market cap, or US$9.72m). Minor Risk Revenue is less than US$5m (₹385m revenue, or US$4.2m). Reported Earnings • Feb 10
Third quarter 2026 earnings released Third quarter 2026 results: EPS: ₹0.84. Net income: ₹8.27m (up ₹8.27m from 3Q 2025). 공고 • Feb 06
Telge Projects Limited to Report Q3, 2026 Results on Feb 09, 2026 Telge Projects Limited announced that they will report Q3, 2026 results on Feb 09, 2026 Reported Earnings • Nov 09
First half 2026 earnings released First half 2026 results: EPS: ₹4.52. Net income: ₹19.3m (up ₹19.3m from 1H 2025). 공고 • Nov 04
Telge Projects Limited to Report First Half, 2026 Results on Nov 08, 2025 Telge Projects Limited announced that they will report first half, 2026 results on Nov 08, 2025 Board Change • Oct 03
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). MD, CEO & Chairman Shraddha Telge is the most experienced director on the board, commencing their role in 2018. Non-Executive Independent Director Avinash Sachdev was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.