Thakkers Developers Ltd
Thakkers Developers Ltd (THAKDEV) last reported results for the quarter ended Jun 2026, with sales of ₹18 crore and net profit of ₹10 crore. The stock last traded at ₹135, a market capitalisation of ₹122 crore, on a P/E of 8.88. Over the past 52 weeks the stock has ranged between ₹83.1 and ₹175. Figures are as of 6 Oct 2026 and are not real time.
Thakkers Developers Ltd share price and key metrics
- Current price
- ₹135
- Market cap
- ₹122 cr
- Stock P/E
- 8.88
- Book value
- ₹185
- ROE
- 3.33%
- ROCE
- 4.55%
- Dividend yield
- 0.00%
- 52w high / low
- 175/83.1
Metrics as of 6 Oct 2026. Not real time.
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Thakkers Developers Ltd growth and returns
- 10 Years
- 1%
- 5 Years
- 5%
- 3 Years
- -15%
- TTM
- 21%
- 10 Years
- 8%
- 5 Years
- -15%
- 3 Years
- -32%
- TTM
- 65%
- 10 Years
- 6%
- 5 Years
- 12%
- 3 Years
- -6%
- 1 Year
- -19%
- 10 Years
- 9%
- 5 Years
- 9%
- 3 Years
- 2%
- Last Year
- 3%
Thakkers Developers Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹18 cr, up 100.0% from ₹9 cr a year earlier. Net profit was ₹10 cr, up 900.0% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 14 | 7 | 6 | 9 | 6 | 14 | 5 | 18 |
| Expenses | 12 | 7 | 2 | 8 | 8 | 10 | 6 | 9 |
| Operating profit | 3 | -0 | 4 | 1 | -1 | 5 | -1 | 10 |
| OPM % | 19% | -1.4% | 61% | 14% | -20% | 34% | -23% | 52% |
| Other income | 1 | 1 | 2 | 1 | 3 | 1 | 2 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Profit before tax | 3 | 0 | 5 | 1 | 1 | 5 | -0 | 10 |
| Tax % | 0% | 50% | 23% | 0% | -2% | -1% | 5,125% | 0% |
| Net profit | 3 | 0 | 4 | 1 | 1 | 5 | -2 | 10 |
| EPS (₹) | 3.20 | 0.14 | 4.24 | 1.60 | 0.73 | 5.61 | -2.33 | 11.17 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Thakkers Developers Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 42 | 28 | 18 | 21 | 28 | 55 | 58 | 31 | 32 | 35 | 44 |
| Operating profit | 24 | 3 | 4 | 5 | 10 | 34 | 20 | 1 | 6 | 4 | 12 |
| OPM % | 57% | 10% | 20% | 22% | 38% | 62% | 35% | 2.0% | 19% | 12% | 27% |
| Net profit | 14 | 0 | 1 | 7 | 11 | 34 | 16 | -1 | 6 | 5 | 14 |
| EPS (₹) | 15.18 | 0.39 | 1.24 | 8.23 | 12.70 | 37.72 | 17.94 | -1.06 | 7.20 | 5.68 | 15.18 |
TTM is the trailing twelve months to the most recent quarter.
Thakkers Developers Ltd balance sheet
| ₹ crore | 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 |
| Reserves | 66 | 67 | 68 | 75 | 86 | 120 | 136 | 135 | 142 | 147 |
| Borrowings | 30 | 31 | 32 | 27 | 3 | 15 | 22 | 31 | 20 | 17 |
| Other liabilities | 111 | 92 | 79 | 68 | 78 | 76 | 60 | 59 | 47 | 39 |
| Total liabilities | 217 | 198 | 188 | 180 | 176 | 220 | 228 | 234 | 218 | 212 |
| Fixed assets | 14 | 18 | 17 | 14 | 13 | 14 | 15 | 14 | 15 | 15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 11 | 5 | 6 | 7 | 4 | 16 | 9 | 30 | 4 | 7 |
| Other assets | 191 | 175 | 165 | 158 | 160 | 191 | 204 | 190 | 198 | 191 |
| Total assets | 217 | 198 | 188 | 180 | 176 | 220 | 228 | 234 | 218 | 212 |
As reported by the company. Total assets equal total liabilities by construction.
Thakkers Developers Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 27 | -3 | 6 | 1 | 20 | -3 | -10 | 15 | -14 | 2 |
| Cash from investing | -5 | 1 | -1 | 0 | 5 | -12 | 5 | -22 | 27 | 1 |
| Cash from financing | -21 | 1 | 0 | -6 | -23 | 12 | 6 | 7 | -14 | -3 |
| Net cash flow | 1 | -1 | 5 | -5 | 2 | -2 | 1 | 1 | -0 | 1 |
| Free cash flow | 24 | -6 | 5 | 1 | 21 | -6 | -13 | 13 | -16 | 2 |
| CFO / operating profit | 124% | -51% | 153% | 47% | 218% | 4% | -30% | 2,356% | -209% | 102% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Thakkers Developers Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 22% | 5% | 3% | 9% | 13% | 29% | 13% | -0% | 5% | 5% |
| Debtor days | 28 | 108 | 28 | 7 | 57 | 29 | 56 | 21 | 9 | 14 |
| Inventory days | — | — | — | — | — | — | 4,139 | 5,332 | — | 1,929 |
| Days payable | — | — | — | — | — | — | 43 | 53 | — | 3 |
| Cash conversion cycle | 28 | 108 | 28 | 7 | 57 | 29 | 4,152 | 5,300 | 9 | 1,941 |
| Working capital days | 694 | 1,070 | 1,599 | 1,459 | 1,226 | 603 | 658 | 1,177 | 1,415 | 1,189 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Thakkers Developers Ltd shareholding pattern
Promoters held 71.31% at Jun 2026, broadly unchanged since Jun 2025.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% |
| Public | 28.69% | 28.69% | 28.68% | 28.68% | 28.68% | 28.68% | 28.70% | 28.68% |
| No. of shareholders | 1,318 | 1,376 | 1,351 | 1,399 | 1,417 | 1,382 | 1,387 | 1,377 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Thakkers Developers Ltd corporate filings
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Company Updatelow impact
Cruxal's analysis: Attached herewith Certificate under Reg.74 (5) of SEBI (DP) Regulations, 2018 for the…
Read the full analysis - Scrutinizer's Report confirms overwhelming shareholder approval for key resolutions at Thakkers Developers' AGM held on 30th September 2026AGM/EGMhigh impact
Cruxal's analysis: Thakkers Developers Ltd. conducted its 39th AGM via Zoom, with shareholder voting results…
Read the full analysis - Thakkers Developers Ltd. appoints new Secretarial Auditor and Director at AGM held on 30th September 2026Company Updatemedium impact
Cruxal's analysis: Thakkers Developers Ltd. announced the appointment of Ashok Surana as Secretarial Auditor…
Read the full analysis - Thakkers Developers Ltd holds AGM with no immediate financial disclosures; no significant corporate actions announcedAGM/EGMlow impact
Cruxal's analysis: Thakkers Developers Ltd conducted its 39th AGM on September 30, 2026, via video…
Read the full analysis - Closure of Trading WindowInsider Trading / SASTlow impact
Cruxal's analysis: Attached herewith Intimation of closure of trading window for the Quarter and Half year…
Read the full analysis - Thakkers Developers Ltd announces 39th Annual General Meeting for September 30, 2026Company Updatelow impact
Cruxal's analysis: Thakkers Developers Ltd has published a newspaper notice regarding its 39th Annual…
Read the full analysis - Thakkers Developers Ltd announces book closure dates for AGMCompany Updatelow impact
Cruxal's analysis: Thakkers Developers Ltd has issued an intimation regarding the book closure dates for its…
Read the full analysis - Thakkers Developers Ltd files Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Thakkers Developers Ltd has submitted its Annual Report in compliance with Regulation…
Read the full analysis - Thakkers Developers Limited Announces 39th Annual General Meeting and Board Re-appointmentsAGM/EGMlow impact
Cruxal's analysis: Thakkers Developers Limited has scheduled its 39th Annual General Meeting (AGM) for…
Read the full analysis - Thakkers Developers reports strong Q1 FY27 performance with consolidated net profit of 10.05 croreBoard Meetinghigh impact
Cruxal's analysis: Thakkers Developers Limited has reported a significant turnaround for the quarter ended…
Read the full analysis - Thakkers Developers Ltd schedules Board Meeting for August 14, 2026, to approve Q1 FY27 financial resultsBoard Meetinglow impact
Cruxal's analysis: Thakkers Developers Ltd has formally intimated the Bombay Stock Exchange regarding a…
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