Thakkers Develp.

Why is Thakkers Developers Ltd falling/rising?

As of 07-Aug, Thakkers Developers Ltd's stock price is declining at 142.80, down 8.17% today and 9.62% over the past week, due to high volatility and decreased investor participation. The company faces significant financial challenges, including operating losses and weak profitability, contributing to its long-term underperformance.

As of 07-Aug, Thakkers Developers Ltd is experiencing a decline in its stock price, currently at 142.80, which reflects a change of -12.7 (-8.17%). The stock has underperformed significantly today, with a performance that is down -8.17% compared to its sector. This decline follows a trend where the stock has been losing for the last two days, resulting in a total drop of -9.62% over the past week.<BR><BR>Several factors contribute to this downward movement. The stock opened with a loss of -5.5% today and reached an intraday low of Rs 139.95, marking a decrease of -10%. Additionally, the stock has shown high volatility today, with an intraday volatility of 12.61%. There has also been a notable decrease in investor participation, as evidenced by a -41.15% drop in delivery volume compared to the five-day average.<BR><BR>From a financial perspective, Thakkers Developers Ltd is facing significant challenges. The company has reported operating losses, with a profit before tax (PBT) of Rs -1.79 crore, which has fallen by -224.7% compared to the previous four-quarter average. The profit after tax (PAT) has also decreased to Rs -2.10 crore, down -176.2% from the previous average. Furthermore, the operating profit to net sales ratio is at its lowest, indicating weak profitability.<BR><BR>The stock's long-term fundamentals appear weak, with a return on equity (ROE) of only 3.3, and it is trading at a premium compared to its peers' average historical valuations. Over the past year, the stock has generated a return of -17.05%, while its profits have decreased by -21.4%. This underperformance in both the near and long term, along with the current operational challenges, is contributing to the stock's decline.

Which are the latest news on Thakkers Develp.?

When is the next results date for Thakkers Developers Ltd?

The next results date for Thakkers Developers Ltd is 14 August 2026.

The next results date for Thakkers Developers Ltd is scheduled for 14 August 2026.

Should I buy, sell or hold Thakkers Developers Ltd?

How big is Thakkers Develp.?

As of 10th June, Thakkers Developers Ltd has a market capitalization of 109.00 Cr, with Net Sales of 34.66 Cr and a Net Profit of 5.05 Cr reported in the latest four quarters.

As of 10th June, Thakkers Developers Ltd has a market capitalization of 109.00 Cr, categorized as a Micro Cap.<BR><BR>In the latest four quarters, the company reported Net Sales of 34.66 Cr and a Net Profit of 5.05 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 151.03 Cr and Total Assets of 216.95 Cr.

Who are in the management team of Thakkers Develp.?

The management team of Thakkers Develp. includes Jitendra M Thakker (Chairman & Executive Director), Rajendra M Thakker (Managing Director), Narendra M Thakker (CEO), and several non-executive directors, along with Hetal Nishant Thakker (Executive Director) and Lalit Avinash Bhanu (Company Secretary).

The management team of Thakkers Develp. includes the following members:<BR><BR>1. **Jitendra M Thakker** - Chairman & Executive Director<BR>2. **Rajendra M Thakker** - Managing Director<BR>3. **Narendra M Thakker** - Director & Chief Executive Officer<BR>4. **Chandrakant H Thakker** - Non-Executive & Independent Director<BR>5. **Jaman H Thakker** - Non-Executive & Independent Director<BR>6. **Gaurav J Deshmukh** - Non-Executive & Independent Director<BR>7. **Manish V Lonari** - Non-Executive & Independent Director<BR>8. **Hetal Nishant Thakker** - Executive Director<BR>9. **Lalit Avinash Bhanu** - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about the company or its management, feel free to ask!

Who are the peers of the Thakkers Develp.?

Thakkers Develp.'s peers include Vipul Ltd, Shri Krishna, V R Infraspace, Art Nirman Ltd, Mega Nirman, Garnet Construct, Shantidoot Infra, Raja Bahadur Int, and Virya Resources. Management risks vary from below average to excellent, with Mega Nirman showing the highest 1-year return at 0.00% and V R Infraspace the lowest at -32.88%.

Peers: The peers of Thakkers Develp. are Vipul Ltd, Shri Krishna, V R Infraspace, Art Nirman Ltd, Mega Nirman, Garnet Construct, Shantidoot Infra, Raja Bahadur Int, and Virya Resources.<BR><BR>Quality Snapshot: Below Average management risk is observed at Vipul Ltd, Shri Krishna, Art Nirman Ltd, Mega Nirman, Garnet Construct, Raja Bahadur Int, and Virya Resources, while Average management risk is found at V R Infraspace. Excellent management risk is noted at Shantidoot Infra. Growth is Excellent at V R Infraspace, Good at Shantidoot Infra and Raja Bahadur Int, and Below Average at Vipul Ltd, Shri Krishna, Art Nirman Ltd, Mega Nirman, Garnet Construct, Virya Resources, and Thakkers Develp. Capital Structure is Excellent at Thakkers Develp., Mega Nirman, and Garnet Construct, Good at Art Nirman Ltd and Shantidoot Infra, Average at V R Infraspace, and Below Average at Vipul Ltd, Shri Krishna, Raja Bahadur Int, and Virya Resources.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mega Nirman at 0.00%, while the peer with the lowest is V R Infraspace at -32.88%. Thakkers Develp.'s 1-year return is not available for comparison. Additionally, peers with a negative six-month return include V R Infraspace, Art Nirman Ltd, and Virya Resources.

What does Thakkers Develp. do?

Thakkers Developers Ltd specializes in constructing residential properties and is a micro-cap company with a market cap of INR 109 Cr. As of March 2026, it reported net sales of 5 Cr and a net loss of 2 Cr.

Overview:<BR>Thakkers Developers Ltd is engaged in the construction of residential premises and complexes, operating within the micro-cap segment of the realty industry.<BR><BR>History:<BR>Incorporated as a Private Limited Company on March 30, 1987, Thakkers Developers Ltd became the first company from North-Maharashtra to transition to a Public Limited Company in 1992. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 5 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 109 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.04 <BR>Return on Equity: 3.27% <BR>Price to Book: 0.70 <BR><BR>Contact Details:<BR>Address: 37/39 Kantol Niwas, Modi Street Fort Mumbai Maharashtra : 400001 <BR>Tel: 91-022-32450425/22679166 <BR>Email: info@thakkersdevelopers.com <BR>Website: http://www.thakkersdevelopers.com

Are Thakkers Developers Ltd latest results good or bad?

Thakkers Developers Ltd's latest results are concerning, showing a net loss of ₹2.10 crores in Q4 FY26, a 141.58% decline from the previous quarter's profit. This significant drop in net sales and negative operating margin indicates a troubling trend in profitability and operational efficiency.

The latest results for Thakkers Developers Ltd are concerning. In Q4 FY26, the company reported a net loss of ₹2.10 crores, which is a significant decline of 141.58% compared to the previous quarter. This marks a stark reversal from the profit of ₹5.05 crores reported in Q3 FY26. Additionally, net sales dropped to ₹4.78 crores, reflecting a 66.78% decrease quarter-over-quarter and a 22.65% decline year-over-year.<BR><BR>The operating margin, excluding other income, turned negative at -23.43%, indicating the weakest performance in recent quarters. This deterioration in financial performance raises serious questions about the company's profitability and operational efficiency.<BR><BR>Overall, the results indicate a troubling trend for Thakkers Developers, characterized by extreme earnings volatility and a collapse in profitability, suggesting that the latest results are indeed bad.

Is Thakkers Develp. overvalued or undervalued?

As of November 17, 2025, Thakkers Development is considered very expensive and overvalued with a PE ratio of 22.64, an EV to EBITDA of 42.93, a low ROCE of 3.49%, and has underperformed the Sensex with a year-to-date return of -22.73%.

As of 17 November 2025, Thakkers Development has moved from an expensive to a very expensive valuation grade. The company is currently overvalued based on its financial ratios and peer comparison. The PE ratio stands at 22.64, while the EV to EBITDA ratio is significantly high at 42.93. Additionally, the ROCE is a mere 3.49%, indicating poor capital efficiency.<BR><BR>In comparison to its peers, Thakkers Development's valuation appears excessive; for instance, DLF has a PE ratio of 43.02 and an EV to EBITDA of 93.34, while Lodha Developers shows a PE of 36.61 and an EV to EBITDA of 27.38. Despite being in the same industry, Thakkers Development's ratios suggest it is not just expensive but very expensive relative to its competitors. Furthermore, the company's stock has underperformed against the Sensex, with a year-to-date return of -22.73% compared to the Sensex's 8.72%, reinforcing the notion of overvaluation.

How has been the historical performance of Thakkers Develp.?

Thakkers Develp. experienced significant fluctuations in financial performance, with net sales declining from 57.76 Cr in Mar'23 to 31.59 Cr in Mar'25, despite a recovery in profitability indicators. The company faced challenges in revenue generation and negative cash flow of -13.00 Cr in Mar'25.

Answer:<BR>The historical performance of Thakkers Develp. shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Thakkers Develp. reported net sales of 31.59 Cr in Mar'25, a slight increase from 30.81 Cr in Mar'24, but a notable decline from 57.76 Cr in Mar'23. Total operating income mirrored this trend, reaching 31.59 Cr in Mar'25, down from 57.76 Cr in Mar'23. The company's total expenditure decreased to 25.52 Cr in Mar'25 from 30.20 Cr in Mar'24, contributing to an operating profit of 11.27 Cr in Mar'25, a recovery from 1.92 Cr in Mar'24 but significantly lower than 21.69 Cr in Mar'23. Profit before tax improved to 7.75 Cr in Mar'25 from a loss of 1.76 Cr in Mar'24, while profit after tax also rebounded to 6.48 Cr in Mar'25 from a loss of 0.95 Cr in Mar'24. The earnings per share (EPS) rose to 7.2 in Mar'25, recovering from -1.06 in Mar'24. Total assets decreased to 216.95 Cr in Mar'25 from 233.34 Cr in Mar'24, and total liabilities also fell to 216.95 Cr from 233.34 Cr. The cash flow from operating activities was negative at -13.00 Cr in Mar'25, contrasting with a positive cash flow of 15.00 Cr in Mar'24. Overall, while Thakkers Develp. showed signs of recovery in profitability in Mar'25, it faced challenges in revenue generation and cash flow management.

Who are the top shareholders of the Thakkers Develp.?

The top shareholders of Thakkers Develp. include Intra Communications Pvt Ltd with 3.56%, Virendra Marketing Private Limited with 4.87%, and individual investors holding a total of 7.26%. There are no pledged promoter holdings, and the company has no mutual funds or foreign institutional investors.

The top shareholders of Thakkers Develp. include the promoters, who hold the majority of the shares. The promoter with the highest holding is Intra Communications Pvt Ltd, which owns 3.56%. Additionally, the highest public shareholder is Virendra Marketing Private Limited, holding 4.87%. Individual investors collectively hold 7.26% of the shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares.

What is the technical trend for Thakkers Develp.?

As of June 2, 2025, Thakkers Develp. shows a neutral technical stance with mixed signals: weekly indicators are mildly bullish while monthly indicators lean bearish, resulting in a sideways trend overall.

As of 2 June 2025, the technical trend for Thakkers Develp. has changed from mildly bullish to sideways. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting some upward momentum. However, daily moving averages are mildly bearish, which adds to the sideways trend. The KST is bullish weekly but mildly bearish monthly, and Dow Theory reflects a mildly bullish stance on the weekly but mildly bearish on the monthly. Overall, the current technical stance is neutral with mixed strength across indicators.

What is the bonus history of the Thakkers Develp.?

Thakkers Developers Ltd issued a 1:1 bonus on August 6, 2008, with a record date of August 7, 2008, allowing shareholders to receive one additional share for each share held.

Thakkers Developers Ltd has a bonus history that includes a 1:1 bonus issue announced with an ex-date of August 6, 2008. The record date for this bonus was August 7, 2008. This means that shareholders on record as of the record date were entitled to receive one additional share for every share they held.

Has Thakkers Develp. declared dividend?

Thakkers Developers Ltd has declared a 14% dividend, amounting to 1.4 per share, with an ex-date of September 17, 2013. However, the dividend yield is 0%, and total returns have varied, showing gains in longer-term periods despite no recent dividend returns.

Thakkers Developers Ltd has declared a 14% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 14%<BR>- Amount per share: 1.4<BR>- Ex-date: 17 Sep 13<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was -11.49%, the dividend return was 0%, resulting in a total return of -11.49%.<BR><BR>In the 1 Year period, the price return was 2.4%, the dividend return was 0%, leading to a total return of 2.4%.<BR><BR>In the 2 Years period, the price return was 39.07%, the dividend return was 0%, which resulted in a total return of 39.07%.<BR><BR>In the 3 Years period, the price return was 39.98%, the dividend return was 0%, culminating in a total return of 39.98%.<BR><BR>In the 4 Years period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>In the 5 Years period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>Overall, while Thakkers Developers Ltd has declared a dividend, the dividend yield remains at 0%. The total returns over various periods show mixed performance, with notable gains in the longer-term periods despite a lack of dividend returns in recent years.