Thakkers Developers Ltd

Thakkers Develp. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Thakkers Developers Ltd

₹ 146 4.50%
12 Dec - close price
thakkersdevelopers.com BSE: 526654
About

Incorporated in 1987, Thakkers Developers Ltd is in the business of Real Estate & Construction activities[1]

Key Points

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.

Website BSE
  • Market Cap ₹ 132 Cr.
  • Current Price ₹ 146
  • High / Low ₹ 223 / 135
  • Stock P/E 42.2
  • Book Value ₹ 156
  • Dividend Yield 0.00 %
  • ROCE 2.98 %
  • ROE 1.96 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.94 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.6.76 Cr.
  • Working capital days have increased from 1,776 days to 2,728 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

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
14.08 15.26 16.93 10.26 1.27 3.17 1.78 2.52 3.45 3.31 4.05 2.59 2.51
7.33 13.83 9.21 8.85 2.47 3.31 3.17 2.93 3.03 3.02 3.11 3.03 3.78
Operating Profit 6.75 1.43 7.72 1.41 -1.20 -0.14 -1.39 -0.41 0.42 0.29 0.94 -0.44 -1.27
OPM % 47.94% 9.37% 45.60% 13.74% -94.49% -4.42% -78.09% -16.27% 12.17% 8.76% 23.21% -16.99% -50.60%
0.09 0.24 0.92 0.17 0.20 0.37 0.58 0.83 1.07 1.23 2.04 0.85 2.64
Interest 0.00 0.04 0.23 0.24 0.22 0.34 0.56 0.48 0.43 0.46 0.34 0.16 0.18
Depreciation 0.31 0.40 0.52 0.50 0.55 0.58 0.58 0.42 0.42 0.42 0.44 0.42 0.45
Profit before tax 6.53 1.23 7.89 0.84 -1.77 -0.69 -1.95 -0.48 0.64 0.64 2.20 -0.17 0.74
Tax % 0.00% 1.63% 38.28% 0.00% 0.00% -121.74% -9.74% 0.00% 0.00% 18.75% 7.73% 0.00% 0.00%
6.53 1.21 4.86 0.84 -1.77 0.15 -1.76 -0.47 0.64 0.52 2.03 -0.17 0.74
EPS in Rs 7.26 1.34 5.40 0.93 -1.97 0.17 -1.96 -0.52 0.71 0.58 2.26 -0.19 0.82
Raw PDF

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 TTM
46.21 46.53 29.96 40.23 19.89 14.78 12.33 25.73 53.27 55.33 16.49 13.33 12.46
25.51 22.69 18.82 16.32 17.64 11.23 11.96 16.24 20.27 34.81 17.79 12.07 12.94
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 -0.48
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% -3.85%
0.14 0.19 0.24 0.13 4.11 0.94 6.62 4.27 2.45 1.35 1.31 5.16 6.76
Interest 8.26 11.19 6.63 4.76 2.89 2.37 1.69 0.54 0.11 0.30 1.37 1.72 1.14
Depreciation 1.06 1.53 1.21 1.16 1.76 1.55 1.16 0.73 0.79 1.53 2.22 1.69 1.73
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 3.41
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 3.12
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 3.47
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: 14%
Compounded Profit Growth
10 Years: -9%
5 Years: -8%
3 Years: -57%
TTM: 317%
Stock Price CAGR
10 Years: 3%
5 Years: 32%
3 Years: 1%
1 Year: -26%
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 Sep 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 9.00
Reserves 40.88 47.98 50.26 64.00 64.03 65.02 69.16 80.07 113.33 130.06 127.77 130.54 131.11
80.91 54.92 44.91 30.39 30.50 32.08 27.31 2.63 10.29 17.53 26.23 15.36 12.16
73.85 101.15 110.00 104.25 85.50 72.96 62.82 79.58 70.75 46.66 40.13 46.29 50.59
Total Liabilities 204.64 213.05 214.17 207.64 189.03 179.06 168.29 171.28 203.37 203.25 203.13 201.19 202.86
6.00 5.06 4.40 14.22 15.91 14.79 13.00 11.00 11.86 13.38 13.12 13.25 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 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 2.17 3.98
197.19 206.24 208.56 185.86 169.99 160.31 150.84 158.66 177.73 183.45 170.80 185.77 185.64
Total Assets 204.64 213.05 214.17 207.64 189.03 179.06 168.29 171.28 203.37 203.25 203.13 201.19 202.86

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 5.18 -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 -1.77 -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
Days Payable 25.57 72.71
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 15.61
Working Capital Days 375.51 148.02 646.55 623.12 1,442.02 1,885.26 2,295.98 1,277.29 563.50 596.61 2,002.52 2,727.51
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%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
71.31% 71.31% 71.31% 71.31% 71.31% 71.31% 71.31% 71.31% 71.31% 71.31% 71.31% 71.31%
28.69% 28.68% 28.69% 28.69% 28.69% 28.69% 28.70% 28.69% 28.69% 28.68% 28.68% 28.68%
No. of Shareholders 1,2741,3111,3131,3371,3271,4651,3871,3181,3761,3511,3991,417

Documents

Announcements

Annual reports