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Thakkers Developers Limited

Thakkers Developers Limited

NSE: THAKDEV
HomebuildingConsumer DurablesSMALL CAPMCap ₹120.5 Cr
₹133.90₹0.00 (0.00%)

Market Closed • NSE

Market cap₹120.5 Cr
Enterprise value₹117.6 Cr
P/E TTM8.82
P/B0.72
EPS TTM₹15.18
ROCE4.55%
ROE0.09%
ROA0.03%
D/E9.40
Dividend yield0.00%
Face value₹10.00
52W high₹160.00
52W low₹115.10
Price chart(1Y)
1Y Return:-5.34% (₹7.55)
H: ₹163.01L: ₹115.1
1W+0.68%
1M+4.49%
3M+3.00%
Today at a glance

Day range

₹127.00₹134.50

52 week range

₹115.10₹160.00
Volume110.04x 20D avg
Free float50.00%-95.70% volume

Thakkers Developers Limited closed at INR133.90 (+0%) on volume 0.04x its 20-day average, trading 16.31% below its 52-week high.

Technical analysis
RSI (14)50.5Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹6.44High
SMA 20₹130.84BULLISH
SMA 50₹139.71BEARISH
SMA 100—N/A
SMA 200—N/A
CPR bottom₹128.11
Pivot₹128.11
CPR top₹128.11
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +600% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹17.0 Cr₹120.5 Cr14.11%≤ 33%PASS
Non-halal income ratio–₹35.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹213.0 Cr—≥ 20%PASS
Receivables ratio–₹213.0 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E8.828.80
Forward P/E——
P/B0.720.70
EV/EBITDA29.4018.00
PEG—1.50
Earnings yield11.3011.40
Growth & profitability
RevenuePAT
FY21PAT margin 39.30%
FY22PAT margin 61.80%
FY23PAT margin 27.60%
FY24PAT margin -3.20%
FY25PAT margin 18.80%
FY26PAT margin 14.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-15.50%
Revenue CAGR 5Y+4.60%
PAT CAGR 3Y-32.10%
PAT CAGR 5Y-14.60%
Operating margin50.24%
Net margin31.13%
Financial health & cash flow
Net debt₹17.0 CrModerate
Interest coverage4.00xEBIT / interest
CFO / PAT-1.00x3Y average
Net debt / EBITDA4.25xLeverage
Operating cash flow₹3.0 Cr
Capital expenditure–
Free cash flow₹3.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation75/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.09x

Attractive Valuation: P/E of 8.8x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Homebuilding.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
0.00%Institutional holding
28.70%Public holding
5Periods available
0.00%Promoter pledged
1.39KShareholders
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)85.04%-21.40% latest vs average
Highest delivery100.00%on 15 Sept
Average volume (20D)287.7Trading-session average
Conviction trendWeakening-21.40% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

3 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Bengal & Assam Company Limited
Bengal & Assam Company LimitedBENGALASM
Open analysis
₹6,737.428.840.85%—₹197.00—-23.64%
Singer India Limited
Singer India LimitedSINGERIND
Open analysis
₹394.03—0.00%————
Thakkers Developers Limited
Thakkers Developers LimitedTHAKDEV
Current stock
₹120.518.820.00%₹18.00₹10.00+100.00%+900.00%
About Thakkers Developers Limited
Thakkers Developers Limited

Incorporated in 1987, Thakkers Developers Ltd is in the business of Real Estate & Construction activities[1]

IndiaConsumer Durables

Questions investors ask
Is Thakkers Developers Limited Shariah compliant?

Thakkers Developers Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (14.11%) complies with AAOIFI threshold (≤ 33%).

What is Thakkers Developers Limited's current valuation relative to peers?

Thakkers Developers Limited trades at a P/E of 8.8x compared to the sector median of 8.8x, and a Price-to-Book of 0.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.09x and a Net Debt to EBITDA ratio of 4.25x. Interest coverage is 4x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 4.6% while net profit growth averaged -14.6%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-15. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.