Thakkers Developers Ltd

Thakkers Developers Ltd

₹ 157 0.06%
28 Mar 4:01 p.m.
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.

  • Market Cap 141 Cr.
  • Current Price 157
  • High / Low 275 / 116
  • Stock P/E 23.9
  • Book Value 163
  • Dividend Yield 0.00 %
  • ROCE 12.8 %
  • ROE 11.8 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.96 times its book value
  • Company has delivered good profit growth of 113% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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

Sector: Construction Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
10.18 7.15 1.71 29.10 6.82 17.85 9.05 14.33 15.26 19.11 10.26 8.97 5.19
3.93 6.75 1.51 3.14 5.45 11.29 4.54 7.54 14.17 11.15 9.17 8.32 4.69
Operating Profit 6.25 0.40 0.20 25.96 1.37 6.56 4.51 6.79 1.09 7.96 1.09 0.65 0.50
OPM % 61.39% 5.59% 11.70% 89.21% 20.09% 36.75% 49.83% 47.38% 7.14% 41.65% 10.62% 7.25% 9.63%
0.07 3.64 0.37 0.08 0.06 1.95 0.10 0.09 0.24 0.92 0.17 0.20 0.37
Interest 0.05 0.07 0.01 0.02 0.01 0.10 0.01 0.01 0.08 0.25 0.25 0.22 0.34
Depreciation 0.17 0.17 0.10 0.20 0.29 0.39 0.33 0.34 0.43 0.56 0.52 0.58 0.61
Profit before tax 6.10 3.80 0.46 25.82 1.13 8.02 4.27 6.53 0.82 8.07 0.49 0.05 -0.08
Tax % 0.00% 51.32% 10.87% 0.00% 35.40% 12.97% 1.64% 0.00% 1.22% 43.00% 0.00% 0.00% 1,050.00%
6.10 1.85 0.41 25.82 0.73 6.99 4.20 6.53 0.81 4.61 0.49 0.05 0.77
EPS in Rs 6.78 2.06 0.46 28.69 0.81 7.77 4.67 7.26 0.90 5.12 0.54 0.06 0.86
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
13.86 36.83 56.67 50.89 32.14 41.68 28.09 18.41 20.89 27.60 55.48 57.76 43.53
11.67 26.84 37.30 23.54 21.01 17.78 25.40 14.69 16.29 17.23 21.36 37.40 33.33
Operating Profit 2.19 9.99 19.37 27.35 11.13 23.90 2.69 3.72 4.60 10.37 34.12 20.36 10.20
OPM % 15.80% 27.12% 34.18% 53.74% 34.63% 57.34% 9.58% 20.21% 22.02% 37.57% 61.50% 35.25% 23.43%
0.36 0.49 2.29 0.19 0.25 0.13 4.13 0.95 6.63 4.28 2.46 1.35 1.66
Interest 2.29 2.55 2.55 11.19 6.63 4.76 2.89 2.37 1.70 0.54 0.16 0.36 1.06
Depreciation 0.06 0.09 0.25 1.53 1.21 1.16 1.76 1.55 1.16 0.73 0.97 1.66 2.27
Profit before tax 0.20 7.84 18.86 14.82 3.54 18.11 2.17 0.75 8.37 13.38 35.45 19.69 8.53
Tax % 95.00% 34.44% 36.11% 36.84% 36.44% 24.57% 83.87% -49.33% 11.47% 14.57% 4.20% 18.03%
0.01 5.14 12.05 9.35 2.25 13.66 0.35 1.12 7.41 11.43 33.95 16.15 5.92
EPS in Rs 0.09 4.07 13.39 10.39 2.50 15.18 0.39 1.24 8.23 12.70 37.72 17.94 6.58
Dividend Payout % 0.00% 0.00% 8.96% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 16%
3 Years: 40%
TTM: -23%
Compounded Profit Growth
10 Years: %
5 Years: 113%
3 Years: 30%
TTM: -68%
Stock Price CAGR
10 Years: 1%
5 Years: 18%
3 Years: 16%
1 Year: 27%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 18%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 9.00 9.00 9.00 9.04 9.04 9.00 9.00 9.00 9.00 9.00 9.00 9.00 9.00
Reserves 5.14 8.80 19.03 50.27 52.52 66.25 66.60 67.72 75.13 86.47 120.24 136.19 136.72
17.78 18.36 24.52 54.96 45.01 30.39 30.75 32.12 27.30 2.64 15.22 22.32 26.98
64.32 73.78 91.84 112.10 121.42 111.30 91.62 79.35 68.18 78.12 75.94 60.39 64.49
Total Liabilities 96.24 109.94 144.39 226.37 227.99 216.94 197.97 188.19 179.61 176.23 220.40 227.90 237.19
0.38 0.61 2.49 5.08 4.42 14.24 17.93 16.79 14.50 12.67 13.59 14.99 15.84
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 0.52 0.54 0.54 4.15 3.61 11.43 5.40 6.23 6.81 4.01 16.01 8.66 31.23
95.34 108.79 141.36 217.14 219.96 191.27 174.64 165.17 158.30 159.55 190.80 204.25 190.12
Total Assets 96.24 109.94 144.39 226.37 227.99 216.94 197.97 188.19 179.61 176.23 220.40 227.90 237.19

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
23.75 2.33 -0.17 38.98 21.24 26.52 -3.20 5.63 1.11 20.31 -2.65 -9.52
-0.07 -0.26 -1.77 -0.70 0.12 -5.36 1.46 -1.45 0.02 5.15 -11.53 4.71
-23.09 -2.42 3.59 -37.16 -16.66 -20.52 0.51 0.39 -6.19 -23.10 12.40 5.86
Net Cash Flow 0.59 -0.35 1.65 1.11 4.69 0.63 -1.24 4.56 -5.05 2.37 -1.78 1.04

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 90.33 31.52 37.87 45.40 40.32 28.37 107.59 27.76 7.34 57.39 29.21 55.86
Inventory Days 4,139.13
Days Payable 42.85
Cash Conversion Cycle 90.33 31.52 37.87 45.40 40.32 28.37 107.59 27.76 7.34 57.39 29.21 4,152.14
Working Capital Days 736.32 334.48 298.53 276.28 792.01 753.64 1,136.84 1,761.75 1,482.71 1,242.85 612.50 699.79
ROCE % 5.90% 29.90% 46.45% 9.27% 21.55% 4.80% 2.90% 9.14% 13.29% 29.36% 12.85%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
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% 28.69% 28.69% 28.69% 28.69% 28.69% 28.68% 28.69% 28.68% 28.69% 28.69% 28.69%
No. of Shareholders 8608868971,1281,3591,3091,2271,2741,3111,3131,3371,327

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