---
title: "Transwind Infrastructures Ltd (TRANSWIND) — Share Price, Financials & Analysis"
symbol: "TRANSWIND"
company: "Transwind Infrastructures Ltd"
canonical: "https://tapetide.com/stocks/TRANSWIND"
isin: "INE792X01016"
nse_symbol: "TRANSWIND"
sector: "Services"
industry: "Commercial Services & Supplies"
market_cap_cr: 8.64
generated_at: "2026-09-13T18:46:25.077Z"
---

# Transwind Infrastructures Ltd (TRANSWIND)

Canonical page: https://tapetide.com/stocks/TRANSWIND

## Company

- **NSE Symbol:** TRANSWIND
- **ISIN:** INE792X01016
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2017-07-12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** transwind.in

## About

Incorporated in 1997, Transwind Infrastructures Ltd is in the business of construction and related activities.[1]

## Latest Price

- **Price:** ₹11.3
- **Change:** 0 (0%)
- **Open:** ₹11.3
- **Day High:** ₹11.3
- **Day Low:** ₹11.3
- **Previous Close:** ₹11.3
- **Volume:** 0
- **As Of:** 2026-09-11T03:38:54+00:00

## Key Fundamentals

Observed at 2026-09-11T04:50:39.015482Z.

- **Market Cap:** ₹8.64 Cr
- **Classification:** SME
- **P/E (reported):** 10
- **Book Value:** ₹24.75
- **Price to Book:** 0.46
- **Dividend Yield:** 0%
- **ROE:** 4.55%
- **ROCE:** 8.77%
- **Debt to Equity:** 0.23
- **Revenue (yearly):** ₹22.3 Cr
- **Net Income:** ₹0.9 Cr
- **EBITDA:** ₹1.9 Cr
- **52-Week High:** ₹25.5
- **52-Week Low:** ₹10.8
- **RSI (14):** 24.6

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.46 times its book value
- Company's working capital requirements have reduced from 98.5 days to 70.7 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.35% over last 3 years.
- Earnings include an other income of Rs.0.66 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -98.58% | -98.32% | -95.68% |
| ebitda margin growth | -40% | -4.76% | 22.3% | 77.53% |
| net income growth | -100% | 50% | 23% | 25% |
| revenue growth | 15.38% | -4.7% | -4% | 25% |
| roce | — | -21.77% | 81.57% | 6.91% |
| roe | — | 28.9% | 3.84% | 38.72% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.3 | 5.61 | 7.9 | 11.89 | 10.83 | 13.34 | 5.38 | 9.42 | 7.32 | 15.57 | 11.39 | 10.09 |
| Expenses | 1.46 | 6.22 | 8.51 | 10.84 | 10.34 | 12.9 | 5.05 | 9.12 | 6.87 | 14.44 | 10.51 | 9.84 |
| Operating Profit | -0.16 | -0.61 | -0.61 | 1.05 | 0.49 | 0.44 | 0.33 | 0.3 | 0.45 | 1.13 | 0.88 | 0.25 |
| OPM % | -12.31 | -10.87 | -7.72 | 8.83 | 4.52 | 3.3 | 6.13 | 3.18 | 6.15 | 7.26 | 7.73 | 2.48 |
| Other Income | 0.09 | 0.32 | 0.09 | 0.46 | 0.09 | 0.12 | 0.06 | 0.39 | 0.12 | 0.41 | 0.28 | 0.5 |
| Interest | 0.06 | 0.31 | 0.14 | 0.09 | 0.17 | 0.07 | 0.15 | 0.1 | 0.1 | 0.15 | 0.11 | 0.26 |
| Depreciation | 0.2 | 0.02 | 0.08 | 0.14 | 0.06 | 0.16 | 0.02 | 0.15 | 0.06 | 0.11 | 0.18 | 0.12 |
| Profit before tax | -0.33 | -0.62 | -0.74 | 1.28 | 0.35 | 0.33 | 0.22 | 0.44 | 0.41 | 1.28 | 0.87 | 0.37 |
| Tax % | 0 | -3.23 | 0 | 3.91 | 17.14 | 36.36 | 27.27 | 11.36 | 14.63 | 81.25 | 34.48 | 21.62 |
| Net Profit | -0.33 | -0.59 | -0.74 | 1.23 | 0.29 | 0.21 | 0.16 | 0.38 | 0.35 | 0.23 | 0.57 | 0.29 |
| EPS in Rs | -0.49 | -0.88 | -1.11 | 1.84 | 0.43 | 0.31 | 0.24 | 0.57 | 0.52 | 0.34 | 0.85 | 0.38 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.05 | 14.37 | 15.38 | 8.06 | 6.92 | 19.79 | 24.17 | 14.8 | 22.88 | 21.49 |
| Expenses | 10.09 | 12.9 | 14.8 | 7.63 | 7.66 | 19.22 | 23.25 | 14.05 | 21.28 | 20.24 |
| Operating Profit | 0.96 | 1.47 | 0.58 | 0.43 | -0.74 | 0.57 | 0.92 | 0.75 | 1.6 | 1.25 |
| OPM % | 8.69 | 10.23 | 3.77 | 5.33 | -10.69 | 2.88 | 3.81 | 5.07 | 6.99 | 5.82 |
| Other Income | 0.25 | 0.24 | 0.41 | 0.37 | 0.41 | 0.43 | 0.22 | 0.33 | 0.52 | 0.66 |
| Interest | 0.2 | 0.32 | 0.33 | 0.26 | 0.24 | 0.19 | 0.13 | 0.12 | 0.21 | 0.44 |
| Depreciation | 0.12 | 0.25 | 0.39 | 0.39 | 0.37 | 0.27 | 0.34 | 0.3 | 0.22 | 0.23 |
| Profit before tax | 0.89 | 1.14 | 0.27 | 0.15 | -0.94 | 0.54 | 0.67 | 0.66 | 1.69 | 1.24 |
| Tax % | 30.34 | 28.07 | 18.52 | 26.67 | -2.13 | 9.26 | 26.87 | 16.67 | 65.68 | 30.65 |
| Net Profit | 0.62 | 0.83 | 0.22 | 0.11 | -0.92 | 0.49 | 0.5 | 0.55 | 0.58 | 0.86 |
| EPS in Rs | 21.88 | 1.24 | 0.33 | 0.16 | -1.38 | 0.73 | 0.75 | 0.82 | 0.87 | 1.12 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.28 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 | 7.65 |
| Reserves | 6.35 | 8.22 | 8.44 | 8.55 | 7.63 | 8.12 | 8.62 | 9.17 | 9.75 | 11.28 |
| Borrowings | 1.89 | 2.64 | 1.05 | 1.04 | 2.99 | 1.57 | 0.06 | 0.63 | 5.69 | 4.38 |
| Other Liabilities | 2.58 | 5.17 | 5.43 | 5.23 | 5.63 | 4.89 | 4.99 | 6.7 | 10.42 | 9.44 |
| Total Liabilities | 11.1 | 22.72 | 21.61 | 21.51 | 22.94 | 21.27 | 20.36 | 23.19 | 32.55 | 32.75 |
| Fixed Assets | 1.21 | 3.11 | 2.84 | 2.46 | 2.09 | 1.68 | 1.42 | 0.95 | 1.65 | 1.33 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 |
| Other Assets | 9.25 | 18.97 | 18.13 | 18.41 | 20.21 | 18.95 | 18.3 | 21.6 | 30.26 | 30.78 |
| Total Assets | 11.1 | 22.72 | 21.61 | 21.51 | 22.94 | 21.27 | 20.36 | 23.19 | 32.55 | 32.75 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.47 | -5.38 | 1.02 | 0.39 | -2.21 | 1.39 | -0.85 | 3.57 | 4.23 | 0.06 |
| Cash from Investing Activity | -0.38 | -2 | 0.11 | 0.13 | 0.18 | 0.23 | 1.79 | -3.33 | -4.56 | -1.05 |
| Cash from Financing Activity | 1.59 | 7.47 | -0.92 | -0.64 | 2.11 | -1.59 | -1.09 | -0.13 | 0.15 | 0.95 |
| Net Cash Flow | 0.74 | 0.09 | 0.22 | -0.12 | 0.08 | 0.03 | -0.14 | 0.11 | -0.17 | -0.04 |
| Free Cash Flow | -0.95 | -7.54 | 0.91 | 0.38 | -2.21 | 1.41 | -0.91 | 3.62 | 3.31 | 0.04 |
| CFO/OP | -10 | -346 | 205 | 98 | 299 | 258 | -73 | 499 | 332 | 32 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 79.94 | 120.14 | 122.22 | 246.35 | 266.37 | 35.41 | 74.3 | 182.01 | 52.96 | 103.27 |
| Inventory Days | — | — | — | — | — | — | 615.94 | 1284.43 | — | 1984.5 |
| Days Payable | — | — | — | — | — | — | 422.91 | 2069.87 | — | 2502.86 |
| Cash Conversion Cycle | 79.94 | 120.14 | 122.22 | 246.35 | 266.37 | 35.41 | 267.33 | -603.44 | 52.96 | -415.09 |
| Working Capital Days | 79.94 | 178.82 | 150.22 | 351.87 | 384.52 | 128.37 | 128.21 | 172.39 | 52.33 | 70.66 |
| ROCE % | 15.13 | 11.2 | 3.5 | 2.53 | -4.17 | 5.05 | 5.04 | 5.65 | 9.84 | 7.88 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.81% | 55.81% | 55.81% | 55.81% | 55.81% | 59.31% | 59.31% | 59.43% | 60.53% | 60.53% | 65.49% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.1% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 36.53% | 35.82% | 35.25% | 34.65% | 32.92% | 33.22% | 32.5% | 31.48% | 29.54% | 29.78% | 26.36% |
| Others | 7.66% | 8.37% | 8.94% | 9.54% | 11.27% | 7.47% | 8.19% | 9.09% | 9.93% | 9.69% | 8.05% |
| No. of Shareholders | 415 | 380 | 375 | 371 | 356 | 360 | 390 | 357 | 349 | 346 | 338 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 1 / 13

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 12.12 | Sell |
| EMA (10) | 12.2 | Sell |
| SMA (20) | 13.85 | Sell |
| EMA (20) | 13.83 | Sell |
| SMA (50) | 18.97 | Sell |
| EMA (50) | 16.6 | Sell |
| SMA (100) | 17.84 | Sell |
| EMA (100) | 17.67 | Sell |
| SMA (200) | 18.74 | Sell |
| EMA (200) | 18.56 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 21.82 | Buy |
| MACD (12,26,9) | -2.15 | Sell |
| Stochastic (14,3,3) | 3.97 | Buy |
| ADX (14) | 57.82 | Buy |
| Williams %R (14) | -88.1 | Buy |
| ATR (14) | 0.53 | High Volatility |
| ROC (12) | -18.41 | Sell |
| Stoch RSI (14) | 97.8 | Sell |
| UO (7,14,28) | 16.63 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 7 April 2026 - Transwind reports corporate governance provisions under Regulation 27(2) are not applicable for quarter ended 31 March 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 7 April 2026 - Transwind reports corporate governance provisions under Regulation 27(2) are not applicable for quarter ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/TRANSWIND_07042026175057_27_2__Signed.pdf) |
| 7 April 2026 - Regulation 74(5) compliance certificate for quarter ended 31 March 2026 submitted. | [General Updates 7 April 2026 - Regulation 74(5) compliance certificate for quarter ended 31 March 2026 submitted.](https://nsearchives.nseindia.com/corporate/TRANSWIND_07042026165936_74.pdf) |
| 30 May - Submitted SDD compliance certificate for FY ended March 31, 2026; company reports full compliance. | [Structural Digital Database 30 May - Submitted SDD compliance certificate for FY ended March 31, 2026; company reports full compliance.](https://nsearchives.nseindia.com/corporate/TRANSWIND_30052026182816_CL_SDD_signed.pdf) |
| 3 Jul - Mathuraprasad Pandey has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. | [Disclosure under SEBI Takeover Regulations 3 Jul - Mathuraprasad Pandey has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.](https://nsearchives.nseindia.com/corporate/team_sandeshc_28042026134226_23.pdf) |
| 26 March 2026 - Trading window closed from 1 April 2026 until 48 hours after audited FY2025-26 results declaration (NSE: TRANSWIND). | [Trading Window 26 March 2026 - Trading window closed from 1 April 2026 until 48 hours after audited FY2025-26 results declaration (NSE: TRANSWIND).](https://nsearchives.nseindia.com/corporate/TRANSWIND_26032026154328_Trading_Window_March_2026.pdf) |
| 26 Aug - 29th AGM on 25 Sep 2026; approves FY26 accounts, auditor appointment, and two whole-time director reappointments. | [Shareholders meeting 26 Aug - 29th AGM on 25 Sep 2026; approves FY26 accounts, auditor appointment, and two whole-time director reappointments.](https://nsearchives.nseindia.com/corporate/TRANSWIND_26082026120021_Letter_to_NSE_-_Noticee.pdf) |
| 20 May 2026 - Transwind says Regulation 23(9) RPT disclosure not applicable for period ended March 31, 2026. | [Related Party Transactions 20 May 2026 - Transwind says Regulation 23(9) RPT disclosure not applicable for period ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/TRANSWIND_20052026182333_RPT.pdf) |
| 20 May 2026 - Board approved audited FY26 and half-year results; net profit Rs 86.12 lakh, unmodified audit opinion. | [Outcome of Board Meeting 20 May 2026 - Board approved audited FY26 and half-year results; net profit Rs 86.12 lakh, unmodified audit opinion.](https://nsearchives.nseindia.com/corporate/TRANSWIND_20052026181825_Outcome_Final.pdf) |
| 20 May - Board approved FY26 audited results on 20 May 2026; net profit Rs86.12 lakh, unmodified audit opinion. | [Statement of deviation(s) or variation(s) under Reg. 32 20 May - Board approved FY26 audited results on 20 May 2026; net profit Rs86.12 lakh, unmodified audit opinion.](https://nsearchives.nseindia.com/corporate/TRANSWIND_20052026191420_Outcome_Final.pdf) |
| 20 Aug - Board on 20 Aug 2026 approved auditor appointment, two director reappointments, AGM on 25 Sep 2026, no dividend. | [General Updates 20 Aug - Board on 20 Aug 2026 approved auditor appointment, two director reappointments, AGM on 25 Sep 2026, no dividend.](https://nsearchives.nseindia.com/corporate/TRANSWIND_20082026144854_Outcome_TRANSWIND_20082026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30641_TRANSWIND_2025_2026_A_1629072_26082026124458.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28874_TRANSWIND_2024_2025_A_1369024_07092025124223.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25947_TRANSWIND_2023_2024_06092024125137.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23374_TRANSWIND_2022_2023_04092023163432_09042023170035.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21527_TRANSWIND_2021_2022_06092022185442_09062022190033.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19153_TRANSWIND_2020_2021_02092021105401_09022021110007.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17805_TRANSWIND_2019_2020_12112020160058_17112020113848.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15853_TRANSWIND_2018_2019_06092019115157_06092019120005.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_14035_TRANSWIND_2017_2018_04102018124203.zip) |
| from nse | [Annual Report 2017 from nse](https://archives.nseindia.com/annual_reports/SME_AR_12287_TRANSWIND_2016_2017_27102017141156.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:46:25.077Z.