Thakkers Developers Ltd
₹ 171
-2.64%
10 Jul
- close price
About
Incorporated in 1987, Thakkers Developers Ltd is in the business of Real Estate & Construction activities[1]
Key Points
- Market Cap ₹ 154 Cr.
- Current Price ₹ 171
- High / Low ₹ 255 / 141
- Stock P/E 23.7
- Book Value ₹ 168
- Dividend Yield 0.00 %
- ROCE 5.51 %
- ROE 4.41 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.02 times its book value
Cons
- The company has delivered a poor sales growth of 8.62% over past five years.
- Company has a low return on equity of 5.05% over last 3 years.
- Earnings include an other income of Rs.5.17 Cr.
* 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
Loading peers table ...
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 56.67 | 50.89 | 32.14 | 41.68 | 28.09 | 18.41 | 20.89 | 27.60 | 55.48 | 57.76 | 30.81 | 31.59 | |
| 37.30 | 23.54 | 21.01 | 17.78 | 25.40 | 14.69 | 16.29 | 17.23 | 21.36 | 37.40 | 30.19 | 25.51 | |
| Operating Profit | 19.37 | 27.35 | 11.13 | 23.90 | 2.69 | 3.72 | 4.60 | 10.37 | 34.12 | 20.36 | 0.62 | 6.08 |
| OPM % | 34.18% | 53.74% | 34.63% | 57.34% | 9.58% | 20.21% | 22.02% | 37.57% | 61.50% | 35.25% | 2.01% | 19.25% |
| 2.29 | 0.19 | 0.25 | 0.13 | 4.13 | 0.95 | 6.63 | 4.28 | 2.46 | 1.35 | 1.31 | 5.17 | |
| Interest | 2.55 | 11.19 | 6.63 | 4.76 | 2.89 | 2.37 | 1.70 | 0.54 | 0.16 | 0.36 | 1.38 | 1.73 |
| Depreciation | 0.25 | 1.53 | 1.21 | 1.16 | 1.76 | 1.55 | 1.16 | 0.73 | 0.97 | 1.66 | 2.31 | 1.77 |
| Profit before tax | 18.86 | 14.82 | 3.54 | 18.11 | 2.17 | 0.75 | 8.37 | 13.38 | 35.45 | 19.69 | -1.76 | 7.75 |
| Tax % | 36.11% | 36.84% | 36.44% | 24.57% | 83.87% | -49.33% | 11.47% | 14.57% | 4.20% | 18.03% | -46.02% | 16.26% |
| 12.05 | 9.35 | 2.25 | 13.66 | 0.35 | 1.12 | 7.41 | 11.43 | 33.95 | 16.15 | -0.95 | 6.48 | |
| EPS in Rs | 13.39 | 10.39 | 2.50 | 15.18 | 0.39 | 1.24 | 8.23 | 12.70 | 37.72 | 17.94 | -1.06 | 7.20 |
| Dividend Payout % | 8.96% | 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: | -5% |
| 5 Years: | 9% |
| 3 Years: | -17% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -3% |
| 3 Years: | -42% |
| TTM: | 785% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 29% |
| 3 Years: | 11% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 11% |
| 3 Years: | 5% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | 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 | 9.04 | 9.04 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves | 19.03 | 50.27 | 52.52 | 66.25 | 66.60 | 67.72 | 75.13 | 86.47 | 120.24 | 136.19 | 135.49 | 142.03 |
| 24.52 | 54.96 | 45.01 | 30.39 | 30.75 | 32.12 | 27.30 | 2.64 | 15.22 | 22.32 | 31.35 | 18.13 | |
| 91.84 | 112.10 | 121.42 | 111.30 | 91.62 | 79.35 | 68.18 | 78.12 | 75.94 | 60.39 | 58.64 | 48.91 | |
| Total Liabilities | 144.39 | 226.37 | 227.99 | 216.94 | 197.97 | 188.19 | 179.61 | 176.23 | 220.40 | 227.90 | 234.48 | 218.07 |
| 2.49 | 5.08 | 4.42 | 14.24 | 17.93 | 16.79 | 14.50 | 12.67 | 13.59 | 14.99 | 14.26 | 15.31 | |
| 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 | 0.54 | 4.15 | 3.61 | 11.43 | 5.40 | 6.23 | 6.81 | 4.01 | 16.01 | 8.66 | 30.09 | 4.41 |
| 141.36 | 217.14 | 219.96 | 191.27 | 174.64 | 165.17 | 158.30 | 159.55 | 190.80 | 204.25 | 190.13 | 198.35 | |
| Total Assets | 144.39 | 226.37 | 227.99 | 216.94 | 197.97 | 188.19 | 179.61 | 176.23 | 220.40 | 227.90 | 234.48 | 218.07 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.17 | 38.98 | 21.24 | 26.52 | -3.20 | 5.63 | 1.11 | 20.31 | -2.65 | -9.52 | 14.20 | -13.98 | |
| -1.77 | -0.70 | 0.12 | -5.36 | 1.46 | -1.45 | 0.02 | 5.15 | -11.53 | 4.71 | -22.25 | 27.44 | |
| 3.59 | -37.16 | -16.66 | -20.52 | 0.51 | 0.39 | -6.19 | -23.10 | 12.40 | 5.86 | 7.34 | -13.71 | |
| Net Cash Flow | 1.65 | 1.11 | 4.69 | 0.63 | -1.24 | 4.56 | -5.05 | 2.37 | -1.78 | 1.04 | -0.70 | -0.24 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37.87 | 45.40 | 40.32 | 28.37 | 107.59 | 27.76 | 7.34 | 57.39 | 29.21 | 55.86 | 21.09 | 9.47 |
| Inventory Days | 4,139.13 | 5,332.37 | 2,549.10 | |||||||||
| Days Payable | 42.85 | 53.17 | 9.09 | |||||||||
| Cash Conversion Cycle | 37.87 | 45.40 | 40.32 | 28.37 | 107.59 | 27.76 | 7.34 | 57.39 | 29.21 | 4,152.14 | 5,300.30 | 2,549.48 |
| Working Capital Days | 298.53 | 276.28 | 792.01 | 753.64 | 1,136.84 | 1,761.75 | 1,482.71 | 1,242.85 | 612.50 | 699.79 | 1,344.26 | 1,241.62 |
| ROCE % | 46.45% | 9.27% | 21.55% | 4.80% | 2.90% | 9.14% | 13.29% | 29.36% | 12.85% | -0.22% | 5.51% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Certificate issued by Purva Sharegistry (India) Pvt Ltd RTA of the Company
-
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.
-
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.
-
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.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Annual Secretarial Compliance Report confirming full regulatory compliance for FY ended March 2025.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2021
from web
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
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.