Thakkers Developers Ltd
₹ 186
-2.08%
13 Jun
- close price
About
Incorporated in 1987, Thakkers Developers Ltd is in the business of Real Estate & Construction activities[1]
Key Points
- Market Cap ₹ 167 Cr.
- Current Price ₹ 186
- High / Low ₹ 255 / 141
- Stock P/E 25.7
- 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 1.11 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
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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: | 3% |
| 5 Years: | 31% |
| 3 Years: | 11% |
| 1 Year: | -2% |
| 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
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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.
-
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
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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.