Thakkers Developers Ltd
₹ 174
-2.03%
01 Jul
- close price
About
Incorporated in 1987, Thakkers Developers Ltd is in the business of Real Estate & Construction activities[1]
Key Points
- Market Cap ₹ 156 Cr.
- Current Price ₹ 174
- High / Low ₹ 255 / 141
- Stock P/E 57.6
- Book Value ₹ 155
- Dividend Yield 0.00 %
- ROCE 2.98 %
- ROE 1.96 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.12 times its book value
- Debtor days have improved from 23.2 to 15.6 days.
Cons
- The company has delivered a poor sales growth of 1.57% over past five years.
- Company has a low return on equity of 4.20% over last 3 years.
- Earnings include an other income of Rs.5.16 Cr.
- Working capital days have increased from 1,933 days to 2,844 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 46.21 | 46.53 | 29.96 | 40.23 | 19.89 | 14.78 | 12.33 | 25.73 | 53.27 | 55.33 | 16.49 | 13.33 | |
| 25.51 | 22.69 | 18.82 | 16.32 | 17.64 | 11.23 | 11.96 | 16.24 | 20.27 | 34.81 | 17.79 | 12.07 | |
| Operating Profit | 20.70 | 23.84 | 11.14 | 23.91 | 2.25 | 3.55 | 0.37 | 9.49 | 33.00 | 20.52 | -1.30 | 1.26 |
| OPM % | 44.80% | 51.24% | 37.18% | 59.43% | 11.31% | 24.02% | 3.00% | 36.88% | 61.95% | 37.09% | -7.88% | 9.45% |
| 0.14 | 0.19 | 0.24 | 0.13 | 4.11 | 0.94 | 6.62 | 4.27 | 2.45 | 1.35 | 1.31 | 5.16 | |
| Interest | 8.26 | 11.19 | 6.63 | 4.76 | 2.89 | 2.37 | 1.69 | 0.54 | 0.11 | 0.30 | 1.37 | 1.71 |
| Depreciation | 1.06 | 1.53 | 1.21 | 1.16 | 1.76 | 1.55 | 1.16 | 0.73 | 0.79 | 1.53 | 2.22 | 1.70 |
| Profit before tax | 11.52 | 11.31 | 3.54 | 18.12 | 1.71 | 0.57 | 4.14 | 12.49 | 34.55 | 20.04 | -3.58 | 3.01 |
| Tax % | 34.03% | 37.22% | 35.88% | 24.56% | 97.66% | -71.93% | 0.00% | 11.85% | 3.18% | 15.52% | -28.77% | 9.63% |
| 7.61 | 7.10 | 2.28 | 13.67 | 0.03 | 0.98 | 4.14 | 11.00 | 33.44 | 16.93 | -2.54 | 2.71 | |
| EPS in Rs | 8.46 | 7.89 | 2.53 | 15.19 | 0.03 | 1.09 | 4.60 | 12.22 | 37.16 | 18.81 | -2.82 | 3.01 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -12% |
| 5 Years: | 2% |
| 3 Years: | -37% |
| TTM: | -19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -8% |
| 3 Years: | -57% |
| TTM: | 207% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 28% |
| 3 Years: | 8% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 10% |
| 3 Years: | 4% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves | 40.88 | 47.98 | 50.26 | 64.00 | 64.03 | 65.02 | 69.16 | 80.07 | 113.33 | 130.06 | 127.77 | 130.54 |
| 80.91 | 54.92 | 44.91 | 30.39 | 30.50 | 32.08 | 27.31 | 2.63 | 10.29 | 17.53 | 26.23 | 13.91 | |
| 73.85 | 101.15 | 110.00 | 104.25 | 85.50 | 72.96 | 62.82 | 79.58 | 70.75 | 46.66 | 40.13 | 47.73 | |
| Total Liabilities | 204.64 | 213.05 | 214.17 | 207.64 | 189.03 | 179.06 | 168.29 | 171.28 | 203.37 | 203.25 | 203.13 | 201.18 |
| 6.00 | 5.06 | 4.40 | 14.22 | 15.91 | 14.79 | 13.00 | 11.00 | 11.86 | 13.38 | 13.12 | 13.24 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.45 | 1.75 | 1.21 | 7.56 | 3.13 | 3.96 | 4.45 | 1.62 | 13.78 | 6.42 | 19.21 | 2.18 |
| 197.19 | 206.24 | 208.56 | 185.86 | 169.99 | 160.31 | 150.84 | 158.66 | 177.73 | 183.45 | 170.80 | 185.76 | |
| Total Assets | 204.64 | 213.05 | 214.17 | 207.64 | 189.03 | 179.06 | 168.29 | 171.28 | 203.37 | 203.25 | 203.13 | 201.18 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -41.96 | 39.08 | 21.32 | 24.29 | -3.32 | 5.43 | 1.05 | 19.90 | 2.09 | -9.73 | 6.46 | -7.54 | |
| -1.73 | -0.72 | 0.11 | -3.85 | -3.10 | -1.47 | 0.02 | 5.34 | -11.45 | 4.73 | -13.99 | 19.75 | |
| 42.72 | -37.20 | -16.73 | -19.85 | 0.26 | 0.59 | -6.14 | -23.10 | 7.54 | 6.06 | 7.04 | -12.79 | |
| Net Cash Flow | -0.97 | 1.15 | 4.71 | 0.59 | -6.16 | 4.54 | -5.07 | 2.14 | -1.81 | 1.06 | -0.49 | -0.59 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43.76 | 42.83 | 43.25 | 29.40 | 144.42 | 32.60 | 2.96 | 54.62 | 23.91 | 53.43 | 0.66 | 15.61 |
| Inventory Days | 1,822.98 | 5,385.89 | 7,807.92 | |||||||||
| Days Payable | 25.57 | 72.71 | 8.23 | |||||||||
| Cash Conversion Cycle | 43.76 | 42.83 | 43.25 | 29.40 | 144.42 | 32.60 | 2.96 | 54.62 | 23.91 | 1,850.84 | 5,313.84 | 7,815.30 |
| Working Capital Days | 473.45 | 238.47 | 725.25 | 685.27 | 1,531.57 | 2,087.02 | 2,335.05 | 1,295.73 | 572.75 | 640.02 | 2,315.06 | 2,843.88 |
| ROCE % | 19.77% | 18.54% | 9.48% | 22.05% | 4.48% | 2.80% | 5.51% | 13.22% | 30.90% | 14.07% | -1.38% | 2.98% |
Documents
Announcements
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Declaration With Respect To Audit Report With Unmodified Opinion To The Audited Standalone & Consolidated Financial Results For The Financial Year Ended 31St March, 2025.
29 May - Unmodified audit reports declared for FY ended March 31, 2025 standalone and consolidated results.
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Regulation 33 Of The SEBI (LODR) Regulations, 2015 (LODR-2015) - Audited Standalone And Consolidated Financial Statements For The Year Ended 31St March, 2025.
29 May - Audited standalone and consolidated financial results for FY ended March 31, 2025, with unmodified audit opinion.
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Board Meeting Outcome for Regulation 33 Of The SEBI (LODR) Regulations, 2015 (LODR-2015) - Audited Standalone And Consolidated Financial Statements For The Year Ended 31St March, 2025.
29 May - Audited standalone and consolidated FY25 financial results with unmodified audit opinion disclosed.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Annual Secretarial Compliance Report confirming full regulatory compliance for FY ended March 2025.
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Board Meeting Intimation for Notice Of Board Meeting - Regulations 29 & 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 [SEBI (LODR) Regulations, 2015]
20 May - Board meeting on May 29, 2025, to approve FY25 audited financial results; trading window closed from April 1.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2021
from web
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1]
TDL is a part of Thakkers Group. It is a construction and real estate enterprise in Nashik constructing residential, commercial, plots, retail, agricultural segment, etc.