Thakkers Developers Ltd
Incorporated in 1987, Thakkers Developers Ltd is in the business of Real Estate & Construction activities[1]
- Market Cap ₹ 130 Cr.
- Current Price ₹ 144
- High / Low ₹ 182 / 83.1
- Stock P/E 9.47
- Book Value ₹ 185
- Dividend Yield 0.00 %
- ROCE 4.55 %
- ROE 3.33 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.78 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 4.67% over past five years.
- Company has a low return on equity of 2.39% over last 3 years.
- Earnings include an other income of Rs.6.14 Cr.
- Debtor days have increased from 22.5 to 37.0 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 51 | 32 | 42 | 28 | 18 | 21 | 28 | 55 | 58 | 31 | 32 | 35 | 44 | |
| 24 | 21 | 18 | 25 | 15 | 16 | 17 | 21 | 37 | 30 | 26 | 31 | 32 | |
| Operating Profit | 27 | 11 | 24 | 3 | 4 | 5 | 10 | 34 | 20 | 1 | 6 | 4 | 12 |
| OPM % | 54% | 35% | 57% | 10% | 20% | 22% | 38% | 62% | 35% | 2.0% | 19% | 11% | 27% |
| 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 | 15 | 4 | 18 | 2 | 1 | 8 | 13 | 35 | 20 | -2 | 8 | 7 | 16 |
| Tax % | 37% | 36% | 25% | 84% | -49% | 11% | 15% | 4% | 18% | -46% | 16% | 28% | |
| 9 | 2 | 14 | 0 | 1 | 7 | 11 | 34 | 16 | -1 | 6 | 5 | 14 | |
| EPS in Rs | 10.39 | 2.50 | 15.18 | 0.39 | 1.24 | 8.23 | 12.70 | 37.72 | 17.94 | -1.06 | 7.20 | 5.68 | 15.18 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 5% |
| 3 Years: | -16% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | -15% |
| 3 Years: | -32% |
| TTM: | 65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 15% |
| 3 Years: | 1% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 50 | 53 | 66 | 67 | 68 | 75 | 86 | 120 | 136 | 135 | 142 | 147 |
| 55 | 45 | 30 | 31 | 32 | 27 | 3 | 15 | 22 | 31 | 20 | 17 | |
| 112 | 121 | 111 | 92 | 79 | 68 | 78 | 76 | 60 | 59 | 47 | 39 | |
| Total Liabilities | 226 | 228 | 217 | 198 | 188 | 180 | 176 | 220 | 228 | 234 | 218 | 213 |
| 5 | 4 | 14 | 18 | 17 | 14 | 13 | 14 | 15 | 14 | 15 | 15 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 4 | 11 | 5 | 6 | 7 | 4 | 16 | 9 | 30 | 4 | 7 |
| 217 | 220 | 191 | 175 | 165 | 158 | 160 | 191 | 204 | 190 | 198 | 191 | |
| Total Assets | 226 | 228 | 217 | 198 | 188 | 180 | 176 | 220 | 228 | 234 | 218 | 213 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 27 | -3 | 6 | 1 | 20 | -3 | -10 | 15 | -14 | 3 | |
| -1 | 0 | -5 | 1 | -1 | 0 | 5 | -12 | 5 | -22 | 27 | 1 | |
| -37 | -17 | -21 | 1 | 0 | -6 | -23 | 12 | 6 | 7 | -14 | -3 | |
| Net Cash Flow | 1 | 5 | 1 | -1 | 5 | -5 | 2 | -2 | 1 | 1 | -0 | 1 |
| Free Cash Flow | 38 | 21 | 24 | -6 | 5 | 1 | 21 | -6 | -13 | 13 | -16 | 2 |
| CFO/OP | 158% | 214% | 124% | -51% | 153% | 47% | 218% | 4% | -30% | 2,356% | -209% | 133% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 45 | 40 | 28 | 108 | 28 | 7 | 57 | 29 | 56 | 21 | 9 | 37 |
| Inventory Days | 4,139 | 5,332 | 1,695 | |||||||||
| Days Payable | 43 | 53 | 2 | |||||||||
| Cash Conversion Cycle | 45 | 40 | 28 | 108 | 28 | 7 | 57 | 29 | 4,152 | 5,300 | 9 | 1,730 |
| Working Capital Days | 193 | 718 | 694 | 1,070 | 1,599 | 1,459 | 1,226 | 603 | 658 | 1,177 | 1,096 | 1,283 |
| ROCE % | 9% | 22% | 5% | 3% | 9% | 13% | 29% | 13% | -0% | 5% | 5% |
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 % ・Standalone data |
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| Total Permanent Employees count ・Standalone data |
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| Finished Stock as % of Total Inventory % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
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.
-
Board Meeting Intimation for Intimation Of The Board Meeting To Be Held On Friday, August 14, 2026.
- Board meeting on August 14, 2026 to approve June quarter unaudited financial results; trading window closed from July 1.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Regulation 74(5) compliance certificate for quarter ended June 30, 2026; no shares dematerialised.
- Closure of Trading Window
Annual reports
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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
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Annual Report 2012
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.