Thaai

Why is Thaai Casting Ltd falling/rising?

As of 10-Jun, Thaai Casting Ltd's stock price is at 95.10, down 1.96%, underperforming the sector today and showing a bearish trend with declining investor participation. Year-to-date, the stock is down 5.00%, outperforming the Sensex's 11.15% decline.

As of 10-Jun, Thaai Casting Ltd's stock price is falling, currently at 95.10, which reflects a decrease of 1.9 or 1.96%. The stock has underperformed compared to the sector by 1.13% today. Over the past week, the stock has declined by 0.94%, while the benchmark Sensex has only fallen by 0.81%. In the last month, Thaai Casting Ltd has seen a decrease of 2.06%, which is better than the Sensex's decline of 3.98%. However, year-to-date, the stock is down 5.00%, while the Sensex has decreased by 11.15%. <BR><BR>Additionally, the stock's performance today indicates a falling investor participation, as the delivery volume of 21.6k on June 9 has dropped by 12.34% compared to the 5-day average. Although the stock is trading higher than the 50-day and 100-day moving averages, it is below the 5-day, 20-day, and 200-day moving averages, suggesting a bearish trend. Overall, these factors contribute to the current decline in Thaai Casting Ltd's stock price.

What does Thaai do?

Thaai Casting Ltd is a micro-cap company in the auto components industry, formed in 2010 and converted to a public limited company in 2023, with no recent sales or profit data reported. It has a market cap of INR 236 Cr, a P/E ratio of 23.00, and a debt-equity ratio of 1.09.

Overview:<BR>Thaai Casting Ltd operates in the auto components and equipment industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Thaai Casting Ltd was originally formed as a partnership firm on June 2, 2010, and later converted into a public limited company, receiving its Certificate of Incorporation on June 12, 2023. There is no sales or profit data reported for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 236 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00<BR>Industry P/E: 36<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 1.09<BR>Return on Equity: 9.81%<BR>Price-to-Book: 2.25<BR><BR>Contact Details:<BR>Address: Not available<BR>Phone: Not available<BR>Email: Not available<BR>Website: Not available

Which are the latest news on Thaai?

How big is Thaai?

As of 10th June, Thaai Casting Ltd has a market capitalization of 236.00 Cr, classified as a Micro Cap, with Shareholder's Funds at 83.30 Cr and Total Assets of 203.52 Cr; however, no valid financial data is available for the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Thaai Casting Ltd has a market capitalization of 236.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: No valid financial data is available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds valued at 83.30 Cr and Total Assets amounting to 203.52 Cr.

Who are the peers of the Thaai?

Thaai's peers include Remsons Ind., Sundaram Brake, Menon Pistons, SKP Bearing, Bimetal Bearings, Pritika Auto, Pavna Industries, Shivam Autotech, and Setco Automotive. Thaai has the highest 1-year return at 2.26%, while Pavna Industries has the lowest at -63.06%.

Peers: The peers of Thaai are Remsons Ind., Sundaram Brake, Menon Pistons, SKP Bearing, Bimetal Bearings, Pritika Auto, Pavna Industries, Shivam Autotech, Setco Automotive.<BR><BR>Quality Snapshot: Excellent management risk is observed at Menon Pistons and Setco Automotive, while Average management risk is found at Remsons Ind., Sundaram Brake, SKP Bearing, Bimetal Bearings, Pritika Auto, and Thaai. Below Average management risk is noted at Pavna Industries and Shivam Autotech. Growth is rated as Good at Bimetal Bearings and Average at Pritika Auto, Thaai, Remsons Ind., Sundaram Brake, SKP Bearing, and the rest. Below Average growth is seen at Menon Pistons, Pavna Industries, Shivam Autotech, and Setco Automotive. Capital Structure is Excellent at Menon Pistons and Bimetal Bearings, Average at Remsons Ind., Thaai, and the rest, and Below Average at Sundaram Brake, SKP Bearing, Pritika Auto, Pavna Industries, Shivam Autotech, and Setco Automotive.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Thaai at 2.26%, while Pavna Industries has the lowest at -63.06%. Thaai's return is significantly higher than that of Pavna Industries. Additionally, several peers, including Remsons Ind., SKP Bearing, Pavna Industries, Shivam Autotech, and Setco Automotive, have negative six-month returns.

How has been the historical performance of Thaai?

Thaai reported a total operating income of 122.21 crore and a net profit of 11.06 crore for the year ending March 2025, with an operating profit margin of 24.3% and a profit after tax margin of 9.9%. Despite challenges in cash flow management, the company showed solid operational performance with total assets increasing to 203.52 crore.

Answer:<BR>Thaai's historical performance for the year ending March 2025 shows a total operating income of 122.21 crore, with a net profit of 11.06 crore. The operating profit margin, excluding other income, stands at 24.3%, while the profit after tax margin is 9.9%. The company reported earnings per share of 4.78 and a book value per share of 36.01. <BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Thaai achieved total operating income of 122.21 crore, with no raw material costs reported. The total expenditure, excluding depreciation, was 92.51 crore, leading to an operating profit (PBDIT) of 30.59 crore. After accounting for interest and taxes, the profit before tax was 16.96 crore, resulting in a profit after tax of 12.10 crore. The company's total assets increased to 203.52 crore from 136.89 crore the previous year, driven by a rise in shareholder's funds to 83.30 crore and long-term borrowings increasing to 45.88 crore. Cash flow from operating activities improved to 1.00 crore, although the net cash outflow was 9.00 crore, down from a net inflow of 11.00 crore in the prior year. Overall, Thaai's financial metrics indicate a solid operational performance despite challenges in cash flow management.

Is Thaai overvalued or undervalued?

As of August 28, 2025, Thaai is considered very expensive and overvalued with a PE ratio of 21.10, underperforming the Sensex with a year-to-date return of -24.59%, especially when compared to peers like Bosch and Samvardh Mothe.

As of 28 August 2025, Thaai's valuation grade has moved from fair to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued based on its financial ratios, with a PE ratio of 21.10, an EV to EBITDA of 11.21, and a PEG ratio of 2.10. These figures suggest that the stock is trading at a premium compared to its earnings growth potential.<BR><BR>In comparison to its peers, Thaai's valuation stands out, particularly when juxtaposed with Bosch, which has a much higher PE ratio of 52.14, and Samvardh. Mothe., which is rated attractive with a PE of 28.46. The overall peer comparison indicates that while Thaai is overvalued, some competitors are positioned more favorably. Additionally, Thaai's stock has underperformed significantly against the Sensex, with a year-to-date return of -24.59% compared to the Sensex's positive return of 3.62%, reinforcing the notion that the stock may be overvalued in the current market context.

Who are the top shareholders of the Thaai?

The top shareholders of Thaai include Anandan S with 54.87%, Lalit Dua with 7.33%, and individual investors holding 29.32%. There are no pledged promoter holdings or mutual fund schemes involved.

The top shareholders of Thaai include the promoters, with Anandan S holding the highest stake at 54.87%. The highest public shareholder is Lalit Dua, who owns 7.33%. Additionally, individual investors collectively hold 29.32% of the company's shares. There are also three foreign institutional investors (FIIs) that hold a small portion of the shares, amounting to 0.09%. Notably, there are no pledged promoter holdings or mutual fund schemes involved in the shareholding.

What is the technical trend for Thaai?

As of May 3, 2025, Thaai's technical trend is mildly bearish, with mixed signals from the weekly MACD and daily moving averages, while Bollinger Bands also indicate a bearish stance.

As of 3 May 2025, the technical trend for Thaai has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the daily moving averages remain bearish, suggesting mixed signals across time frames. The weekly Bollinger Bands are mildly bearish, and both the KST and Dow Theory show no significant trends. The RSI provides no clear signals on either the weekly or monthly charts. Overall, the current technical stance is mildly bearish, with key indicators like the daily moving averages and Bollinger Bands contributing to this assessment.

When is the next results date for Thaai?

No Upcoming Board Meetings

Has Thaai declared dividend?

No Dividend History Available