THAKDEVBSEThakkers Developers LtdHighNeutral
Announced Fri, 29 May · 17:23 IST

Attached herewith Audited Financial Results for the year ended 31.03.2026

Pat Growth 25pctResults View source PDF

THAKDEV · price

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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹137.00
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AI summary

Thakkers Developers Ltd reported standalone revenue from operations of Rs 1,644.17 lakh for FY26, up 6.2% from Rs 1,548.53 lakh in FY25. The company achieved standalone profit after tax of Rs 271.09 lakh in FY26, a significant jump of 73% compared to Rs 156.55 lakh in FY25. However, Q4 standalone PAT declined sharply to Rs 39.94 lakh from Rs 202.79 lakh in Q4 FY25. On consolidated basis, revenue from operations stood at Rs 4,074.29 lakh with PAT of Rs 547.74 lakh. The company operates in two segments: Construction & Contract Related Activity and Estate Dealing & Development Activity. Auditors issued an unmodified opinion but noted that internal financial controls need strengthening to commensurate with the nature and size of the company.

Likely market impact

The strong annual PAT growth of 73% is positive for shareholders, though the sharp Q4 profit decline raises concerns about quarterly performance consistency. The auditor's comment on weak internal financial controls, while not modifying the opinion, signals governance risk that investors should monitor.