Thakral Services

Why is Thakral Services (India) Ltd falling/rising?

As of 01-Sep, Thakral Services (India) Ltd's stock price has risen to 15.15, reflecting a 2.57% increase, driven by strong short-term performance and investor interest, despite long-term financial challenges such as a negative book value and declining net sales.

As of 01-Sep, Thakral Services (India) Ltd is experiencing a rise in its stock price, currently at 15.15, with a change of 0.38 (2.57%) upwards. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 13.23% while the Sensex declined by 0.92%. Similarly, in the last month, the stock has increased by 12.31%, contrasting with a 1.47% drop in the Sensex.<BR><BR>The stock has shown strong performance year-to-date, with a return of 14.77%, significantly higher than the Sensex's decline of 9.71%. Over the past year, Thakral Services has generated a remarkable return of 52.72%, compared to the market's return of only 2.32%. This market-beating performance is likely attracting investor interest.<BR><BR>Additionally, the stock has been on a consecutive gain streak for the last three days, accumulating a total return of 15.06% in that period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Increased investor participation is evident, with a delivery volume of 1.23k on August 31, which has risen by 66.94% compared to the 5-day average.<BR><BR>However, it is important to note that despite the positive short-term performance, the company has a negative book value and has shown weak long-term fundamental strength, with net sales declining at an annual rate of -46.15% over the last five years. This presents a risk to investors, as the company has recorded a negative EBITDA of Rs. -0.43 crore.<BR><BR>In summary, the rise in Thakral Services (India) Ltd's stock price is primarily driven by strong short-term performance metrics, outpacing the market and increasing investor engagement, despite underlying long-term financial challenges.

Who are in the management team of Thakral Services?

The management team of Thakral Services includes Bikramjit Singh Thakral, C D P Rajendran, Kanwaljeet Singh Bawa, R C Bhavuk (Managing Director), K R Vijayendra (Independent Director), Prasanna Panicker (Chairman and Independent Director), and Nelijane Debnath (Company Secretary).

The management team of Thakral Services includes the following individuals:<BR><BR>1. **Bikramjit Singh Thakral** - Director<BR>2. **C D P Rajendran** - Director<BR>3. **Kanwaljeet Singh Bawa** - Director<BR>4. **R C Bhavuk** - Managing Director<BR>5. **K R Vijayendra** - Independent Director<BR>6. **Prasanna Panicker** - Chairman and also serves as an Independent Director<BR>7. **Nelijane Debnath** - Company Secretary<BR><BR>If you have any more questions about the company or its management, feel free to ask!

What does Thakral Services do?

Thakral Services (India) Ltd is a micro-cap company in the industrial manufacturing sector, incorporated in 1983, with recent quarterly results showing net sales and profit of 0 Cr. The company has a market cap of INR 17 Cr and operates from Bengaluru, Karnataka.

Overview:<BR>Thakral Services (India) Ltd operates in the industrial manufacturing sector and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated on January 25, 1983, initially as Parvidhgaar Leasing Pvt. Ltd. It became a limited company on November 18, 1985, changing its name to Parvidhgaar Leasing & Finance Limited. On November 16, 1994, it was renamed Primeast Investments Limited, and finally, on February 06, 2007, it adopted its current name, Thakral Services (India) Limited. The most recent quarterly results reported net sales and net profit of 0 Cr for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 0 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 17 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 578.00<BR>- Industry P/E: 56<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.86<BR>- Return on Equity: -0.33%<BR>- Price to Book: -1.79<BR><BR>Contact Details:<BR>- Address: 8 Th Floor The Estate No 121, Dickenson Road Bangaluru Karnataka : 560042<BR>- Tel: 080-25593891<BR>- Email: complaints@thakral-india.co.in<BR>- Website: http://www.thakral-india.co.in

Who are the peers of the Thakral Services?

Thakral Services' peers include Miven Mach. Tool, Veejay Lak. Eng., Benara Bearings, and others. Thakral Services leads with a 1-year return of 52.11%, while Pan Electronics has the lowest at -56.37%.

Peers: The peers of Thakral Services are Miven Mach. Tool, Veejay Lak. Eng., Benara Bearings, Envair Electrody, Sterling Powerg., Arrowhead Sepera, Shivagrico Impl., Incon Engineers, Rajasthan Cylind, and Pan Electronics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Arrowhead Sepera, while Below Average management risk is found at Veejay Lak. Eng., Benara Bearings, Envair Electrody, Sterling Powerg., Shivagrico Impl., and Rajasthan Cylind, and the rest. Management risk does not qualify for Miven Mach. Tool, Incon Engineers, and Pan Electronics. Growth does not qualify for Miven Mach. Tool, Thakral Services, Incon Engineers, and Pan Electronics, while Below Average growth is noted for Veejay Lak. Eng., Benara Bearings, Envair Electrody, Sterling Powerg., Arrowhead Sepera, Shivagrico Impl., and Rajasthan Cylind, and the rest. Capital structure does not qualify for Miven Mach. Tool, Thakral Services, Incon Engineers, and Pan Electronics, while Below Average capital structure is observed at Veejay Lak. Eng., Benara Bearings, Envair Electrody, Sterling Powerg., Arrowhead Sepera, Shivagrico Impl., and Rajasthan Cylind, and the rest.<BR><BR>Return Snapshot: Thakral Services has a 1-year return of 52.11%, which is the highest among its peers, while the lowest is Pan Electronics at -56.37%. Thakral Services significantly outperforms all its peers in this regard. Additionally, the six-month return is negative for Envair Electrody, Shivagrico Impl., and Rajasthan Cylind.

How big is Thakral Services?

As of 31st August, Thakral Services (India) Ltd has a market capitalization of 17.00 Cr, with recent net sales of 0.77 Cr and a net profit of 0.03 Cr. The balance sheet as of March 2025 shows shareholder's funds at a loss of 9.16 Cr and total assets valued at 1.74 Cr.

As of 31st August, Thakral Services (India) Ltd has a market capitalization of 17.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Thakral Services reported Net Sales of 0.77 Cr and a Net Profit of 0.03 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds at a loss of 9.16 Cr and Total Assets valued at 1.74 Cr.

Which are the latest news on Thakral Services?

Should I buy, sell or hold Thakral Services (India) Ltd?

Are Thakral Services (India) Ltd latest results good or bad?

Thakral Services (India) Ltd's latest Q4 FY26 results show significant improvements in net profit and revenue growth, but the low absolute figures and negative equity position raise concerns about the company's financial health and sustainability. Overall, while there are positive signs, caution is advised due to underlying challenges.

Thakral Services (India) Ltd's latest results for Q4 FY26 present a mixed picture. On one hand, the company reported a net profit of ₹0.12 crores, which is a significant improvement of 300.00% compared to the previous quarter. Revenue also saw a dramatic increase, with net sales rising to ₹0.33 crores, reflecting a 200.00% quarter-on-quarter growth and a 266.67% year-on-year increase.<BR><BR>However, despite these positive percentage changes, the absolute figures remain quite low for a publicly listed company, raising concerns about the operational scale and sustainability of the business. The operating margin improved to 12.12%, a notable turnaround from a negative margin in the same quarter last year, indicating better operational efficiency.<BR><BR>A critical issue is the company's negative equity position, with a book value per share of ₹-7.81, which poses serious questions about its financial health. The overall financial situation is precarious, with accumulated losses leading to negative shareholder equity of ₹-9.16 crores.<BR><BR>In summary, while there are signs of improvement in profitability and revenue growth, the underlying financial challenges, particularly the negative equity and low revenue base, suggest that the results should be viewed cautiously.

When is the next results date for Thakral Services (India) Ltd?

The next results date for Thakral Services (India) Ltd is 12 February 2026.

The next results date for Thakral Services (India) Ltd is scheduled for 12 February 2026.

How has been the historical performance of Thakral Services?

Thakral Services has shown fluctuating financial performance, with a recovery in net sales and profits in 2017 after previous losses, but it faces increasing liabilities and negative equity, indicating ongoing financial challenges. Cash flow improved in 2024 but dropped to zero in 2025, highlighting volatility in cash management.

Answer:<BR>The historical performance of Thakral Services shows a significant fluctuation in key financial metrics over the years.<BR><BR>Breakdown:<BR>Thakral Services reported net sales of 24.12 Cr in March 2017, an increase from 18.31 Cr in March 2016, but a decline from 29.33 Cr in March 2015. The total operating income mirrored this trend, with figures of 24.12 Cr in March 2017, 18.31 Cr in March 2016, and 29.33 Cr in March 2015. The total expenditure, excluding depreciation, decreased from 31.66 Cr in March 2015 to 20.24 Cr in March 2016, and further to 22.55 Cr in March 2017. Operating profit turned positive in March 2017 at 1.61 Cr, compared to losses of 1.83 Cr in March 2016 and 2.11 Cr in March 2015. Profit before tax also improved to 0.33 Cr in March 2017 from losses of 3.16 Cr in March 2016 and 3.65 Cr in March 2015, leading to a profit after tax of 0.85 Cr in March 2017, a recovery from losses of 3.46 Cr and 3.39 Cr in the previous two years. The earnings per share (EPS) reflected this recovery, rising to 0.73 in March 2017 from -2.95 in March 2016 and -2.88 in March 2015. However, the company faced challenges with total liabilities increasing from 20.04 Cr in March 2020 to 1.74 Cr in March 2025, while shareholder's funds turned negative, indicating a decline in financial health. Cash flow from operating activities showed a positive trend in March 2024 at 4.00 Cr, but dropped to zero in March 2025, reflecting volatility in cash management. Overall, Thakral Services has experienced a challenging financial trajectory with signs of recovery in recent years, but still faces significant liabilities and negative equity.

Who are the top shareholders of the Thakral Services?

The top shareholders of Thakral Services are Til Investments Pvt. Ltd. with 34.33%, followed by Trust Leasing And Finance Pvt. Ltd. at 12.48%, and individual investors holding 4.42%. There are no mutual funds or foreign institutional investors in the company's shareholding.

The top shareholders of Thakral Services include the promoters, with Til Investments Pvt. Ltd. holding the largest share at 34.33%. The highest public shareholder is Trust Leasing And Finance Pvt. Ltd., which owns 12.48%. Additionally, individual investors hold about 4.42% of the shares. There are currently no mutual funds or foreign institutional investors involved in the company's shareholding.

Is Thakral Services overvalued or undervalued?

As of March 14, 2024, Thakral Services is considered risky and overvalued, with a negative PE ratio of -10.56 and significant underperformance compared to the Sensex, reflecting financial distress in contrast to its peers like ABB and BHEL.

As of 14 March 2024, Thakral Services has moved from a grade of "does not qualify" to "risky." The company is currently overvalued, as indicated by its negative PE ratio of -10.56, a price to book value of -1.15, and an EV to EBITDA ratio of -18.83. These figures suggest significant financial distress, particularly with negative returns on capital employed and equity.<BR><BR>In comparison to its peers, Thakral Services stands out unfavorably against companies like ABB, which has a PE ratio of 67.88, and BHEL, with a PE ratio of 166.73, both categorized as very expensive. The stark contrast in valuation ratios highlights the challenges Thakral Services faces in the industrial manufacturing sector. Additionally, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -82.78% compared to the Sensex's 5.61%, reinforcing the notion of its overvaluation.

What is the technical trend for Thakral Services?

As of April 23, 2025, Thakral Services has shifted to a bearish trend with moderate strength, driven by bearish MACD, moving averages, and KST indicators, despite a mildly bullish signal from Dow Theory.

As of 23 April 2025, the technical trend for Thakral Services has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly time frame, bearish moving averages on the daily time frame, and a bearish KST on the weekly. Additionally, Bollinger Bands are indicating a mildly bearish trend on both weekly and monthly time frames. Despite the Dow Theory showing a mildly bullish signal on the weekly, the overall technical indicators suggest a bearish outlook.

Has Thakral Services declared dividend?

No Dividend History Available