Thejo Engineering Ltd

Thejo Engineering Ltd

₹ 1,543 0.72%
09 Jun - close price
About

Thejo Engineering Ltd., incorporated in 1986, is an Engineering Solutions provider for Bulk Material Handling, Mineral Processing and Corrosion Protection to the Core Sector Industries like mining, power, steel, cement, ports and fertilisers. [1]

Key Points

Business Profile[1]
Established in 1986, the company has over four decades of engineering expertise and has evolved from a conveyor belt service provider into a fully integrated engineering solutions company. It serves 600+ global customers across mining, metals, cement, power, chemicals, and other industries, supported by 2,300+ employees under a Products, Services, and O&M lifecycle model.

  • Market Cap 1,673 Cr.
  • Current Price 1,543
  • High / Low 2,486 / 1,444
  • Stock P/E 32.7
  • Book Value 327
  • Dividend Yield 0.32 %
  • ROCE 19.4 %
  • ROE 15.7 %
  • Face Value 10.0

Pros

Cons

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
122 135 134 150 141 131 133 136 153 136 153 162 181
112 112 111 121 115 112 117 111 125 119 132 144 157
Operating Profit 10 23 23 29 26 18 17 24 28 16 21 18 24
OPM % 8% 17% 17% 19% 18% 14% 13% 18% 18% 12% 14% 11% 13%
1 1 0 2 -0 1 4 -0 0 2 2 -1 3
Interest 1 2 2 2 1 1 1 1 1 1 1 1 1
Depreciation 3 5 5 5 6 4 5 5 5 4 2 4 4
Profit before tax 6 17 17 24 18 13 15 18 22 13 20 12 22
Tax % 24% 23% 20% 22% 25% 27% 16% 24% 25% 27% 29% 29% 23%
5 14 14 19 13 10 12 14 17 10 14 8 17
EPS in Rs 4.39 11.84 12.25 16.15 11.59 8.85 10.98 12.13 14.03 8.68 13.92 8.20 14.60
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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
186 175 178 220 229 303 327 424 474 559 552 632
175 162 158 192 197 254 276 355 414 458 464 552
Operating Profit 11 13 20 27 31 49 50 69 60 100 88 80
OPM % 6% 7% 11% 12% 14% 16% 15% 16% 13% 18% 16% 13%
1 0 0 1 1 0 3 1 3 3 5 7
Interest 6 6 6 6 5 5 4 3 5 6 5 5
Depreciation 6 6 5 5 6 6 9 11 12 20 19 15
Profit before tax 0 1 9 17 22 38 41 56 46 77 68 67
Tax % 1,240% 149% 34% 23% 31% 21% 27% 24% 24% 23% 23% 27%
-2 -1 6 13 15 30 29 43 35 59 52 49
EPS in Rs -0.22 0.20 5.59 10.73 12.97 24.17 25.19 35.31 30.30 51.69 46.00 45.41
Dividend Payout % -522% 572% 21% 12% 13% 7% 8% 6% 7% 6% 11% 0%
Compounded Sales Growth
10 Years: 14%
5 Years: 14%
3 Years: 10%
TTM: 15%
Compounded Profit Growth
10 Years: 80%
5 Years: 14%
3 Years: 16%
TTM: 2%
Stock Price CAGR
10 Years: %
5 Years: 16%
3 Years: 3%
1 Year: -20%
Return on Equity
10 Years: 20%
5 Years: 20%
3 Years: 19%
Last Year: 16%

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 3 3 3 3 3 3 4 11 11 11 11 11
Reserves 48 46 52 62 74 98 125 154 186 240 287 344
37 39 41 34 31 36 18 38 45 43 30 41
60 54 41 54 60 79 94 98 121 119 119 153
Total Liabilities 148 143 138 153 169 216 240 301 362 412 446 549
31 30 29 32 34 32 46 66 112 108 103 152
CWIP 0 0 1 1 0 0 1 1 2 2 16 13
Investments 0 0 0 0 0 0 0 0 0 0 0 0
116 112 108 119 135 184 193 234 249 301 328 384
Total Assets 148 143 138 153 169 216 240 301 362 412 446 549

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
1 4 12 24 20 19 52 27 59 52 73 39
-4 -4 -5 -8 -6 -5 -13 -15 -51 -19 -44 -59
4 -4 -4 -15 -9 -2 -31 -0 -8 -15 -22 -10
Net Cash Flow 1 -4 3 1 5 13 8 13 0 17 6 -31
Free Cash Flow -5 -0 6 15 13 15 39 13 9 31 32 5
CFO/OP 31% 53% 72% 100% 84% 52% 125% 59% 120% 69% 105% 74%

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 108 112 120 109 102 122 104 92 83 89 89 100
Inventory Days 110 281 221 196 315 229 214 198 201 194 209 234
Days Payable 131 193 185 155 207 178 223 131 161 126 130 181
Cash Conversion Cycle 87 200 157 150 210 173 94 159 123 156 168 153
Working Capital Days 25 33 38 52 63 73 75 84 70 82 86 92
ROCE % 7% 8% 16% 22% 24% 33% 28% 31% 21% 28% 22% 19%

Insights

In beta
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Production Volume - Adhesives
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Production Volume - Moulded and Extruded Products
tonnes ・Standalone data
Total Permanent Employees (on rolls)
number ・Standalone data
Product Patents Awarded
number ・Standalone data
Number of Branch Offices (India)
number ・Standalone data
Operations & Maintenance (O&M) Sites
number ・Standalone data
Technical Service Sites
number ・Standalone data
Order Book (Standalone)
Rs. Crore ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
54.34% 54.22% 54.15% 54.02% 53.64% 53.63% 53.62% 53.62% 53.62% 53.62% 53.61% 53.61%
0.14% 0.00% 0.00% 0.49% 0.12% 0.23% 0.66% 0.67% 0.65% 0.66% 0.79% 0.84%
0.45% 0.72% 0.72% 0.76% 0.89% 2.41% 2.45% 3.02% 3.20% 3.34% 3.14% 3.17%
45.07% 45.06% 45.13% 44.72% 45.36% 43.72% 43.27% 42.69% 42.53% 42.38% 42.46% 42.37%
No. of Shareholders 1,1561,4493,6114,3425,4687,2497,7437,6708,0458,3458,0707,909

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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