Thakkers Develp.

how big is Thakkers Develp.?

As of Jun 06, Thakkers Developers Ltd has a market capitalization of 172.00 Cr, with recent net sales of 31.58 Cr and a net profit of 6.50 Cr over the last four quarters.

Market Cap: As of Jun 06, Thakkers Developers Ltd has a market capitalization of 172.00 Cr, classifying it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the company reported a sum of Net Sales amounting to 31.58 Cr and a sum of Net Profit totaling 6.50 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: The balance sheet data is also on a Consolidated basis for the reporting period ending in Mar'24. Shareholder's Funds are recorded at 144.49 Cr, while Total Assets amount to 233.34 Cr.

Who are in the management team of Thakkers Develp.?

As of March 2022, 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). They oversee the company's strategic direction and management.

As of March 2022, the management team of Thakkers Develp. includes the following individuals:<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>This team is responsible for the strategic direction and management of the company.

What does Thakkers Develp. do?

Thakkers Developers Ltd is a Micro Cap company focused on constructing residential properties, with a market cap of Rs 172 Cr and reported net sales of 6 Cr and net profit of 4 Cr for the quarter ending March 2025. The company was established in 1987 and transitioned to a Public Limited Company in 1992.

Overview: <BR>Thakkers Developers Ltd is engaged in the construction of residential premises and complexes, operating within the Realty industry and classified as a Micro Cap company.<BR><BR>History: <BR>Thakkers Developers Ltd was incorporated as a Private Limited Company on March 30, 1987, and became the first company from North-Maharashtra to transition to a Public Limited Company in 1992. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 6 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 4 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 172 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 27.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.17 <BR>Return on Equity: 0.29% <BR>Price to Book: 1.17 <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

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.

Who are the peers of the Thakkers Develp.?

Thakkers Develp.'s peers include DLF, Macrotech Devel., Godrej Propert., Prestige Estates, Oberoi Realty, Samor Reality, Atal Realtech, Manas Properties, and Vipul Ltd. Thakkers Develp. has average management risk, good growth, and a 1-year return of 10.66%.

Peers: The peers of Thakkers Develp. are DLF, Macrotech Devel., Godrej Propert., Prestige Estates, Oberoi Realty, Samor Reality, Atal Realtech, Manas Properties, and Vipul Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Macrotech Devel. and Oberoi Realty, while Average management risk is found at DLF, Godrej Propert., Prestige Estates, and Vipul Ltd. Below Average management risk is noted at Samor Reality, Atal Realtech, Thakkers Develp., and the rest. Growth is Excellent at Macrotech Devel., Good at Thakkers Develp. and Vipul Ltd, while Average growth is seen at DLF and Samor Reality, and Below Average growth is present at Godrej Propert., Prestige Estates, Atal Realtech, and the rest. Capital Structure is Excellent at Oberoi Realty, Good at DLF, Thakkers Develp., and Atal Realtech, while Below Average capital structure is noted at Macrotech Devel., Godrej Propert., Prestige Estates, and Vipul Ltd, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Atal Realtech at 107.49%, while the peer with the lowest is Vipul Ltd at -73.51%. Thakkers Develp. has a 1-year return of 10.66%, which is significantly higher than Vipul Ltd but lower than Atal Realtech. Additionally, the six-month return is negative for DLF, Godrej Propert., Oberoi Realty, Samor Reality, and Vipul Ltd.

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.

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.

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.

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.

When is the next results date for Thakkers Developers Ltd?

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

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

Are Thakkers Developers Ltd latest results good or bad?

Thakkers Developers Ltd's latest Q2 FY26 results are poor, showing a 54.17% decline in net profit to ₹0.66 crore and a negative operating margin of -20.46%. Revenue also fell significantly, raising concerns about the company's operational efficiency and reliance on non-operating income.

Thakkers Developers Ltd's latest results for Q2 FY26 indicate a challenging performance. The company reported a net profit of ₹0.66 crore, which is a significant decline of 54.17% compared to the previous quarter. Revenue also fell sharply to ₹6.50 crore, down 27.70% from ₹8.99 crore in Q1 FY26 and down 54.42% year-on-year from ₹14.26 crore.<BR><BR>One of the most concerning aspects of the results is the operating margin, which turned negative at -20.46%, marking the lowest level in seven quarters. This deterioration in operational efficiency is alarming, especially given that the company had a positive operating margin of 13.90% in the previous quarter.<BR><BR>The reliance on non-operating income has raised questions about the sustainability of the reported earnings. In Q2 FY26, non-operating income surged to ₹2.64 crore, which constituted a staggering 406.15% of profit before tax, highlighting a fundamental weakness in core operations.<BR><BR>Overall, the results reflect significant operational challenges, with severe revenue volatility and negative cash flow concerns. The stock has also underperformed in the market, declining 23.63% over the past year, which is considerably worse than the broader market performance. Given these factors, the latest results can be characterized as poor.

Should I buy, sell or hold Thakkers Developers Ltd?

Why is Thakkers Developers Ltd falling/rising?

As of 04-Mar, Thakkers Developers Ltd's stock price is Rs. 127.50, reflecting a slight increase of 0.3 (0.24%), but it has hit a new 52-week low of Rs. 121 and shows significant underperformance against the benchmark Sensex, with declining investor participation and bearish trends across moving averages.

As of 04-Mar, Thakkers Developers Ltd is experiencing a slight rise in its stock price, currently at Rs. 127.50, which reflects an increase of 0.3 (0.24%). However, this rise occurs against a backdrop of overall negative performance indicators. The stock has hit a new 52-week low of Rs. 121 today, indicating significant downward pressure in the past year, with a decline of 16.12% compared to the previous year. <BR><BR>In terms of recent performance, the stock has underperformed the benchmark Sensex over various periods, including a 1-month decline of 3.77% versus the Sensex's 5.61% drop and a year-to-date decline of 8.93% compared to the Sensex's 7.16%. Additionally, the stock is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically suggests a bearish trend.<BR><BR>Moreover, there has been a significant drop in investor participation, with delivery volume falling by 92.95% against the 5-day average, indicating reduced interest from investors. The construction and real estate sector, in which Thakkers operates, has also seen a decline of 2.76%, further contributing to the stock's challenges.<BR><BR>Overall, while there is a minor increase in the stock price today, the broader context of declining performance metrics and investor participation suggests that the stock is still facing significant headwinds.

Which are the latest news on Thakkers Develp.?