Compare Thinking Hats with Similar Stocks
Total Returns (Price + Dividend) 
Thinking Hats for the last several years.
Risk Adjusted Returns v/s 
Returns Beta
News
Is Thinking Hats overvalued or undervalued?
As of 17 November 2025, the valuation grade for Thinking Hats has moved from very attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 10.89, an EV to EBITDA of 8.16, and a ROCE of 15.91%. In comparison to peers, Thinking Hats' PE ratio is significantly lower than that of Prime Focus, which has a PE of 88.08, indicating that Thinking Hats is more reasonably priced. Additionally, PVR Inox, which is considered attractive, has a PE ratio of 9.97, further supporting the notion that Thinking Hats is fairly valued within its industry. Despite the recent underperformance of Thinking Hats compared to the Sensex, with a year-to-date return of -24.97% versus the Sensex's 10.02%, the current valuation suggests stability in its pricing relative to its earnings potential....
Read full news articleHow has been the historical performance of Thinking Hats?
Answer: The historical performance of Thinking Hats shows significant growth across various financial metrics from March 2023 to March 2025. Breakdown: Thinking Hats experienced a notable increase in net sales, rising from 22.15 Cr in March 2023 to 47.67 Cr in March 2025. Total operating income followed the same upward trend, reaching 47.67 Cr in March 2025, compared to 22.15 Cr in March 2023. The company's total expenditure also increased, from 19.28 Cr in March 2023 to 42.42 Cr in March 2025, primarily driven by a rise in raw material costs, which grew from 15.86 Cr to 36.94 Cr during the same period. Operating profit (PBDIT) improved from 3.00 Cr in March 2023 to 5.98 Cr in March 2025, reflecting a healthy operating profit margin of 11.01% in March 2025, down from 12.96% in March 2023. Profit before tax increased from 2.75 Cr to 5.23 Cr, while profit after tax rose from 2.01 Cr to 3.67 Cr. The company's...
Read full news article Announcements 
Corporate Actions 
No Upcoming Board Meetings
No Dividend history available
No Splits history available
No Bonus history available
No Rights history available
Quality key factors 
Valuation key factors
Technicals key factors
Shareholding Snapshot : Sep 2025
Shareholding Compare (%holding) 
Promoters
None
Held by 0 Schemes
Held by 0 FIIs
Rajesh Bhardwaj (36.03%)
Ashish Lalu Hasija (3.05%)
29.52%
Half Yearly Results Snapshot (Standalone) - Sep'25
Growth in half year ended Sep 2025 is -78.58% vs 351.10% in Mar 2025
Growth in half year ended Sep 2025 is -71.09% vs 132.73% in Mar 2025
Annual Results Snapshot (Standalone) - Mar'25
YoY Growth in year ended Mar 2025 is 79.01% vs 20.23% in Mar 2024
YoY Growth in year ended Mar 2025 is 18.77% vs 53.73% in Mar 2024






