Thakkers Developers Ltd
Incorporated in 1987, Thakkers Developers Ltd is in the business of Real Estate & Construction activities[1]
- Market Cap ₹ 128 Cr.
- Current Price ₹ 150
- High / Low ₹ 182 / 83.1
- Stock P/E 12.4
- Book Value ₹ 166
- Dividend Yield 0.00 %
- ROCE 1.45 %
- ROE 0.64 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.90 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -14.2% over past five years.
- Company has a low return on equity of 0.26% over last 3 years.
- Earnings include an other income of Rs.6.12 Cr.
- Debtor days have increased from 18.7 to 40.0 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47 | 30 | 40 | 20 | 15 | 12 | 26 | 53 | 55 | 16 | 13 | 12 | 22 | |
| 23 | 19 | 16 | 18 | 11 | 12 | 16 | 20 | 35 | 18 | 12 | 14 | 15 | |
| Operating Profit | 24 | 11 | 24 | 2 | 4 | 0 | 9 | 33 | 21 | -1 | 1 | -2 | 7 |
| OPM % | 51% | 37% | 59% | 11% | 24% | 3.0% | 37% | 62% | 37% | -8% | 9% | -16% | 32% |
| 0 | 0 | 0 | 4 | 1 | 7 | 4 | 2 | 1 | 1 | 5 | 6 | 6 | |
| Interest | 11 | 7 | 5 | 3 | 2 | 2 | 1 | 0 | 0 | 1 | 2 | 1 | 1 |
| Depreciation | 2 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 11 | 4 | 18 | 2 | 1 | 4 | 12 | 35 | 20 | -4 | 3 | 2 | 11 |
| Tax % | 37% | 36% | 25% | 98% | -72% | 0% | 12% | 3% | 16% | -29% | 10% | 42% | |
| 7 | 2 | 14 | 0 | 1 | 4 | 11 | 33 | 17 | -3 | 3 | 1 | 10 | |
| EPS in Rs | 7.89 | 2.53 | 15.19 | 0.03 | 1.09 | 4.60 | 12.22 | 37.16 | 18.81 | -2.82 | 3.01 | 1.00 | 11.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -14% |
| 3 Years: | -40% |
| TTM: | 67% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -39% |
| 3 Years: | -62% |
| TTM: | 240% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 16% |
| 3 Years: | 2% |
| 1 Year: | -16% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 0% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 48 | 50 | 64 | 64 | 65 | 69 | 80 | 113 | 130 | 128 | 131 | 132 |
| 55 | 45 | 30 | 30 | 32 | 27 | 3 | 10 | 18 | 26 | 15 | 15 | |
| 101 | 110 | 104 | 86 | 73 | 63 | 80 | 71 | 47 | 40 | 46 | 43 | |
| Total Liabilities | 213 | 214 | 208 | 189 | 179 | 168 | 171 | 203 | 203 | 203 | 201 | 199 |
| 5 | 4 | 14 | 16 | 15 | 13 | 11 | 12 | 13 | 13 | 13 | 12 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 1 | 8 | 3 | 4 | 4 | 2 | 14 | 6 | 19 | 2 | 5 |
| 206 | 209 | 186 | 170 | 160 | 151 | 159 | 178 | 183 | 171 | 186 | 182 | |
| Total Assets | 213 | 214 | 208 | 189 | 179 | 168 | 171 | 203 | 203 | 203 | 201 | 199 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39 | 21 | 24 | -3 | 5 | 1 | 20 | 2 | -10 | 5 | -8 | -0 | |
| -1 | 0 | -4 | -3 | -1 | 0 | 5 | -11 | 5 | -14 | 20 | 1 | |
| -37 | -17 | -20 | 0 | 1 | -6 | -23 | 8 | 6 | 7 | -13 | -1 | |
| Net Cash Flow | 1 | 5 | 1 | -6 | 5 | -5 | 2 | -2 | 1 | -2 | -1 | 0 |
| Free Cash Flow | 38 | 21 | 22 | -6 | 5 | 1 | 21 | -0 | -13 | 3 | -9 | -1 |
| CFO/OP | 182% | 203% | 114% | -90% | 154% | 303% | 232% | 18% | -33% | -398% | -575% | -22% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | 43 | 29 | 144 | 33 | 3 | 55 | 24 | 53 | 1 | 16 | 40 |
| Inventory Days | 1,823 | 5,386 | 6,508 | |||||||||
| Days Payable | 26 | 73 | 8 | |||||||||
| Cash Conversion Cycle | 43 | 43 | 29 | 144 | 33 | 3 | 55 | 24 | 1,851 | 5,314 | 16 | 6,540 |
| Working Capital Days | 148 | 647 | 623 | 1,442 | 1,885 | 2,296 | 1,277 | 564 | 597 | 2,003 | 2,728 | 3,491 |
| ROCE % | 19% | 9% | 22% | 4% | 3% | 6% | 13% | 31% | 14% | -1% | 3% | 1% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Construction Segment Revenue Mix % |
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| Total Permanent Employees count |
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| Finished Stock as % of Total Inventory % |
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Extracted by Screener AI
Documents
Announcements
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Intimation About Book Closure Dates
- Book closure from September 24-30, 2026 for 39th AGM on September 30, 2026.
- Reg. 34 (1) Annual Report.
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Annual General Meeting Be Held On Wednesday, 30Th September, 2026 At 12.00 Noon
- 39th AGM on 30 Sep 2026 via VC; books closed 24-30 Sep, 2026.
-
Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held Today On August 14, 2026
- Board approved Q1 FY27 unaudited standalone and consolidated results on 14 August 2026.
- Un-Audited Standalone & Consolidated Financial Results For The Quarter Ended June 30, 2026 Along With The Limited Review Report Of The Auditors Thereon.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2021
from web
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
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.