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Prices as of 9 Oct 2026 close · Not investment advice

Thakkers Developers Limited

NSE: THAKDEVResidential, Commercial Projects

Share price

₹126.36

-4.99% close of 9 Oct 2026

Market cap ₹114 CrP/E 8.1

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

60

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹114 Cr

P/E ratio

8.1

P/B ratio

0.7

ROCE

4.5%

ROE

3.3%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹161.0052-week low ₹115.10

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Sep 2021 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Sep 2021 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Thakkers Developers Limited — this one-32%/yr8.1×—
Signatureglobal (India) Limited37%/yr——
Max Estates Limited-12%/yr——
Embassy Developments Limited———
Mahindra Lifespace Developers Limited107%/yr23.9×—
GANESH HOUSING LIMITED46%/yr21.9×₹0.48

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Residential, Commercial Projects), it ranks 60 of 86 on returns, 57 of 80 on growth, 49 of 86 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 4.5% on capital, ahead of 30% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹10 crore of cash before any plant spend, funded from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 97 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 603 days for its cash to waiting 1189 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 14 Aug 2026 · Consolidated · Unaudited

Revenue

₹18 Cr

Revenue vs last year

+104.5%

Revenue vs last quarter

+284.6%

Net profit

₹10 Cr

Profit vs last year

+904.9%

Net margin

54.7%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹114 Cr
Prev close
₹126.36
52w High
₹163
52w Low
₹115
Enterprise value
₹124 Cr
Beta
—
Price CAGR 1y
-20.0%
Price CAGR 3y
-5.0%
Price CAGR 5y
12.0%
Price CAGR 10y
6.0%

Ratios

Return on assets
2.4%
PEG ratio
-0.3
P/E ratio
8.1
P/B ratio
0.7
EV / EBITDA
9.5
Industry P/E
23.0
ROCE
4.5%
ROCE 5y average
10.4%
ROE
3.3%
Debt / Equity
0.1
Interest coverage
8.0
Dividend yield
0.0%
ROE 3y average
2.0%
ROE last year
3.0%

Annual P&L

Annual revenue
₹35 Cr
Annual profit
₹5 Cr
Operating margin
12.0%
Net profit margin
14.3%
EBITDA margin
11.4%
Sales growth 3y
-15.5%
Sales growth 5y
4.6%
Profit growth 3y
-32.0%
Profit growth 5y
-15.0%
EPS
₹5.7
Sales growth TTM
21.0%
Profit growth TTM
65.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹18 Cr
Profit latest quarter
₹10 Cr
YoY quarterly sales growth
104.4%
YoY quarterly profit growth
900.0%
OPM latest quarter
52.2%

Balance Sheet

Book Value
₹173
Face Value
₹10.0
Total debt
₹17 Cr
Total cash
₹7 Cr
Borrowings
₹17 Cr
Reserves / Equity
16.3

Cash Flow

Operating cash flow
₹2 Cr
Free cash flow
₹2 Cr
FCF yield
0.9%
Net cash flow
₹1 Cr

Shareholding

Promoter holding
71.3%
FII holding
—
DII holding
—
Public holding
28.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
DLF636.9036.61,57,6531.23793.94.11,280.3-52.96.3
Lodha Developers1,076.8026.11,07,6140.391,373.1103.44,996.743.116.4
Phoenix Mills1,790.0049.464,0240.14394.523.31,074.912.812.4
Oberoi Realty1,676.0023.060,9400.47543.529.01,300.931.717.3
Prestige Estates1,408.3053.360,6600.14271.4-19.42,675.115.910.4
Godrej Propert.1,540.8528.746,4140.64349.4-41.7506.216.57.6
Anant Raj593.0036.821,3410.16149.218.9631.46.612.1
Thakkers Develp.133.008.71200.0010.1583.718.4104.54.5
Median137.1023.69450.008.526.690.712.87.6

Competes with: Anant Raj Limited, Brigade Enterprises Limited, DLF Limited, Godrej Properties, Lodha Developers Limited, Oberoi Realty, Prestige Estates Projects, The Phoenix Mills Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales108.975.196.384.09147.056.188.996.50144.7818
Expenses985841272881069
Material Cost0.84
Change in Inventories5.23
Purchases of Stock-in-Trade0
Employee Cost1.60
Other Expenses1.11
Operating Profit110-2-03-041-15-110
OPM %117.259.63-26-5.8719-1.426114-2034-2352
Other Income0001111213121
Exceptional items (within Other Income)0
Interest0001000000000
Depreciation1111000000010
Profit before tax00-0-2-0305115-010
Tax %00-1,05010050230-2-15,1250
Net Profit001-2-0304115-210
EPS in Rs0.540.060.86-2.51-0.373.200.144.241.600.735.61-2.3311

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales51324228182128555831323544
Expenses24211825151617213730263132
Operating Profit27112434510342016412
OPM %5435571020223862352191227
Other Income0004174211556
Interest117532210011.7211
Depreciation2112211122.311.7722
Profit before tax15418218133520-1.767.74716
Tax %37362584-491115418-461628
Net Profit9214017113416-0.956.48514
EPS in Rs102.50150.391.248.23133818-1.067.205.6815
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
1%
5 years
5%
3 years
-15%
TTM
21%

Compounded profit growth

10 years
8%
5 years
-15%
3 years
-32%
TTM
65%

Stock price CAGR

10 years
6%
5 years
12%
3 years
-5%
1 year
-20%

Return on equity

10 years
9%
5 years
9%
3 years
2%
Last year
3%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital999999999999
Reserves50536667687586120136135142147
Borrowings55453031322731522312017
Other Liabilities112121111927968787660594739
Total Liabilities226228217198188180176220228234218212
Fixed Assets5414181714131415141515
CWIP000000000000
Investments441156741693047
Other Assets217220191175165158160191204190198191
Total Assets226228217198188180176220228234218212

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity392127-36120-3-1015-142
Cash from Investing Activity-10-51-105-125-22271
Cash from Financing Activity-37-17-2110-6-231267-14-3
Net Cash Flow151-15-52-211-01
Free Cash Flow382124-65121-6-1313-162

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days45402810828757295621914
Inventory Days4,1395,3321,929
Days Payable43533
Cash Conversion Cycle45402810828757294,1525,30091,941
Working Capital Days1937186941,0701,5991,4591,2266036581,1771,4151,189
ROCE %922539132913-055

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters717171717171717171717171
Public292929292929292929292929
No. of Shareholders1,3371,3271,4651,3871,3181,3761,3511,3991,4171,3821,3871,377

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Bricks 0

In the last 1 year the price has not moved enough to draw bricks. Try a longer range.

Price moved up one brickPrice moved down one brickLast close ₹126.36 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

10.00inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.86cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Thakkers Developers Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Realty
Industry
Residential, Commercial Projects
Classification
Realty › Residential, Commercial Projects
ISIN
INE403F01017

News impact

Big market events that reach Thakkers Developers Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

No dividends, splits or big trades on record.

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.