Statement of Standalone and Consolidated Unaudited Financial Results of the Company for the Quarter and Nine Months ended on 31st December, 2025.
THACKER · price
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Thacker and Company Limited filed its Q3 FY26 (quarter ended 31 Dec 2025) and nine-month unaudited results on 12 Feb 2026. The company operates mainly as a holding entity with two associates — AMJ Land Holding and Pudumjee Products — whose profits flow into the consolidated numbers via the share-of-associate method. Standalone revenue from operations stayed small (Rs. 169.30 lakhs for the quarter vs Rs. 176.00 lakhs in Q3 FY25), and standalone nine-month bottom line remained in loss territory, though the loss narrowed versus the prior nine-month period. Consolidated nine-month profit after tax jumped sharply to roughly Rs. 379.56 lakhs from Rs. 124.07 lakhs a year earlier, driven primarily by stronger contributions from the associate companies. The limited review reports from statutory auditor P R Agarwal & Awasthi were clean — no qualifications, no emphasis-of-matter paragraphs, and no going-concern flag.
For shareholders, the takeaway is that the standalone Thacker business remains a small, loss-making shell, so the stock's value is effectively a pass-through to its listed associates (AMJ Land and Pudumjee Products). The strong consolidated PAT growth is positive news but largely reflects associate performance rather than operating momentum at Thacker itself, and is unlikely to move the thinly-traded Thacker scrip materially on its own.