Why is Thakkers Developers Ltd ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
- NET SALES(Q) At Rs 6.50 cr has Fallen at -28.7% (vs previous 4Q average)
- PBT LESS OI(Q) At Rs -1.99 cr has Fallen at -282.2% (vs previous 4Q average)
- OPERATING CF(Y) Lowest at Rs -13.98 Cr
2
With ROE of 4, it has a Very Expensive valuation with a 0.8 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -26.31%, its profits have risen by 473.6% ; the PEG ratio of the company is 0.1
3
Below par performance in long term as well as near term
- Along with generating -26.31% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Realty)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Thakkers Develp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Thakkers Develp.
-26.31%
-0.46
57.82%
Sensex
7.21%
0.61
11.73%
Quality key factors
Factor
Value
Sales Growth (5y)
9.88%
EBIT Growth (5y)
-16.14%
EBIT to Interest (avg)
11.96
Debt to EBITDA (avg)
4.38
Net Debt to Equity (avg)
0.06
Sales to Capital Employed (avg)
0.17
Tax Ratio
17.33%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.08%
ROE (avg)
10.01%
Valuation Key Factors 
Factor
Value
P/E Ratio
21
Industry P/E
39
Price to Book Value
0.85
EV to EBIT
79.41
EV to EBITDA
39.14
EV to Capital Employed
0.86
EV to Sales
4.84
PEG Ratio
0.05
Dividend Yield
NA
ROCE (Latest)
1.08%
ROE (Latest)
3.97%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Movement
5What is working for the Company
PAT(9M)
Higher at Rs 5.95 Cr
-12What is not working for the Company
NET SALES(Q)
At Rs 6.50 cr has Fallen at -28.7% (vs previous 4Q average
PBT LESS OI(Q)
At Rs -1.99 cr has Fallen at -282.2% (vs previous 4Q average
OPERATING CF(Y)
Lowest at Rs -13.98 Cr
PBDIT(Q)
Lowest at Rs -1.33 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at -20.46%
NON-OPERATING INCOME(Q)
is 406.15 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Thakkers Develp.
Profit After Tax (PAT) - Nine Monthly
At Rs 5.95 cr has Grown at 1,951.72%
Year on Year (YoY)MOJO Watch
PAT trend is very positive
PAT (Rs Cr)
Profit After Tax (PAT) - Nine Monthly
Higher at Rs 5.95 Cr
than preceding 12 month period ended Sep 2025 of Rs 0.42 crMOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
PAT (Rs Cr)
Here's what is not working for Thakkers Develp.
Net Sales - Quarterly
At Rs 6.50 cr has Fallen at -28.7% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 9.12 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -1.99 cr has Fallen at -282.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 1.09 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Operating Cash Flow - Annually
Lowest at Rs -13.98 Cr
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs -1.33 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at -20.46%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -1.99 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 406.15 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Non Operating Income - Quarterly
Highest at Rs 2.64 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






