Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Companies›Consumer Discretionary›Realty›Realty
NSE:THAKDEV

THAKKERS DEVELOPERS LTD.

Realty › Realty
₹138.00
at close · 28 Oct 2026
▲ 5.09 (+3.83%)

Latest filings

  1. Reg 74(5) Certificate for Quarter Ended September 2026 · Compliance
  2. All 5 AGM resolutions passed with 100 percent approval · Compliance
  3. Mrs Vidhi Rishabh Shah appointed as Director, Secretarial Auditor reappointed · Management Changes
All filings ↓
Ask Nexa about THAKKERS DEVELOPERS LTD.

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates in real estate through two business segments — Construction & Contract Related Activity and Estate Dealing & Development Activity — with operations run through five wholly-owned subsidiaries and a registered base in Nashik. In FY26, standalone revenue from operations was Rs 1,644.17 lakh, up 6.2% year-on-year, with standalone profit after tax of Rs 271.09 lakh, a 73% jump from FY25. On a consolidated basis, FY26 revenue from operations was Rs 4,074.29 lakh with PAT of Rs 511 lakh. Q3 FY26 standalone revenue rose to Rs 541.83 lakh from Rs 330.59 lakh a year earlier, with PAT at Rs 148.08 lakh. Materials accounted for 18.3% of revenue and employees 19.4% of revenue. Depreciation was 5.5% of revenue and capex 2.7% of revenue in FY26.

Operating scale
Construction & Contract Related Activity revenue
Rs 0.9625 croreQ4 FY26
Estate Dealing & Development Activity revenue
Rs 1.2758 croreQ4 FY26
Wholly-owned subsidiaries
5
Registered office location
Nashik
Who pays it
Buyers of residential and commercial real estate
Biggest cost
Materials at 18.3% of revenue, closely followed by employee cost at 19.4%
Kind of business
Small-cap, family-promoter-controlled real estate developer and contractor
Where it sits
Nashik-based real estate developer with construction contracting and estate development segments, run through five wholly-owned subsidiaries
Market Cap
₹124 Cr
P / E (TTM)
13.4×
EV / EBITDA
14.4×
Div Yield
—
Growth
4.7%▲
Revenue 5y CAGR
PAT -14.7% · EBITDA -7.7%
Quality
4.6%·
ROCE (5y median)
ROE 4.3% (5y median) · margin 28.1%
Leverage
0.11·
Debt / Equity · low
Net debt ₹15 Cr
Revenue FY21→FY26
1.3×▲
Margin −26.3 pts
₹28 Cr → ₹35 Cr
Cash conversion
-0.15×▼
Operating cash ÷ profit · 5 yrs
₹-9 Cr on ₹61 Cr
Moves on a normal day
3.54%·
Median daily move
Last 107 sessions · the yardstick for filing-day moves
Where it sits among 66 Residential Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#17/57
P/B#10/64
ROCE#47/66
ROE#47/64
Debt / Equity#16/64
EBITDA margin#51/66
Revenue growth#58/67
Profit growth#63/66

Scorecard

Measured from the filed financials, judged against its Residential Commercial Projects peers · as of FY26 — not investment advice

Strengths
Debt at 0.11× equity
lower than 76% of its 64 Residential Commercial Projects peers
Concerns
Slow revenue growth — 5% a year over 5 years
Profit shrinking over 5 years (−15% a year)
Erratic profits — up in only 2 of the last 5 years
Returns on capital 4.6% (5-year median)
#47 of 66 in Residential Commercial Projects on the latest reported figures · down from 9.5% in FY21
Over 5 years it reported ₹61 Cr of profit and an operating cash outflow of ₹9.09 Cr — -0.15×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 981 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

THAKDEV · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from THAKKERS DEVELOPERS LTD.'s filed financials and exchange disclosures

What does THAKKERS DEVELOPERS LTD. do?

THAKKERS DEVELOPERS LTD. is a Realty company listed on NSE and BSE, trading under the symbol THAKDEV.

Is THAKKERS DEVELOPERS LTD. profitable?

Yes. Over the trailing twelve months THAKKERS DEVELOPERS LTD. reported a net profit of ₹5.05 Cr on revenue of ₹35 Cr.

Does THAKKERS DEVELOPERS LTD. pay a dividend?

Not in the latest reported year — THAKKERS DEVELOPERS LTD.'s dividend payout for FY26 was nil.

Is THAKKERS DEVELOPERS LTD. debt-free?

No. It reported borrowings of ₹17 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹15 Cr after cash. Debt stands at 0.11× equity. That is lower than 76% of its 64 Residential Commercial Projects peers.

Is THAKKERS DEVELOPERS LTD. expensive compared with its peers?

On trailing P/E, THAKKERS DEVELOPERS LTD. ranks 17 of 57 in Residential Commercial Projects — cheaper than 71% of them, against an industry median of 20.5×. This is a position, not a valuation judgement.

How much does the THAKKERS DEVELOPERS LTD. share price move in a day?

On a typical session THAKKERS DEVELOPERS LTD. moves 3.54% — that is the median absolute close-to-close move across its last 107 trading days. MarketPing measures each filing's price reaction against it.

Where can I track THAKKERS DEVELOPERS LTD.'s announcements?

Every NSE and BSE filing by THAKKERS DEVELOPERS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.