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NSE:THEJO

THEJO ENGINEERING LIMITED

Capital Goods › Industrial Manufacturing
₹2,055.00
at close · 8 Oct 2026
▼ 43.00 (-2.05%)

Latest filings

  1. RTA certificate for Q2 FY26 - no dematerialisation requests · Compliance
  2. Trading window closure from September 30, 2026 for Q2 results · Compliance
  3. AGM results: All 5 resolutions passed, including dividend and director re-appointments · Compliance
All filings ↓
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Snapshot

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

AI · written from filings

Manufactures industrial products for the mining sector, most notably mill liners, and supplies related on-site services through its Service Units segment. In FY26, Service Units brought in ₹451.98 crore (62.2% of segment revenue), Manufacturing Units ₹242.91 crore (33.4%) and Others ₹31.58 crore (4.3%). The company makes THOR-R and THOR-M Mill Liners and received the first tranche of a three-year purchase order from Vale, Brazil valued at USD 0.89 million (about ₹8.46 crore) for two complete sets, due for delivery by October 2026. It employs 2,709 people, operates through subsidiaries in Australia, Brazil, Chile and the Middle East, and earns 13.35% of revenue from exports. Employee cost is the largest single line at 32.5% of revenue, with other opex at 35.1% and raw materials at 20.2%. FY26 total revenue reached ₹632.09 crore, up 14% year-on-year, with EBITDA margin of 13.76% (down from 16.7% the prior year). Consolidated net profit fell to ₹48.85 crore, with the company noting losses at its Saudi subsidiary.

Revenue mix · reported segments
Service Units62.2%
Manufacturing Units33.4%
Others4.3%
Operating scale
Workforce
2,709 employeesFY26
Vale, Brazil purchase order (first tranche)
USD 0.89 million (about ₹8.46 crore) for two complete sets of THOR-R and THOR-M Mill Liners, delivery by October 2026FY26
FY26 revenue
₹632.09 crore (up 14% YoY)FY26
Exports share of revenue
13.35%FY26
International subsidiaries
Australia, Brazil, Chile, Middle EastFY26
Total assets
₹548.69 croreFY26
Who pays it
Large mining companies such as Vale, Brazil, served directly and through overseas subsidiaries
Biggest cost
Employee cost at 32.5% of revenue, followed by other opex at 35.1% and raw materials at 20.2%
Kind of business
Industrial products manufacturer and on-site service provider focused on the mining sector
Where it sits
Supplies mill liners and related services to mining customers in India and overseas through subsidiaries in four international regions
Market Cap
₹2,229 Cr
P / E (TTM)
39.8×
EV / EBITDA
22.9×
Div Yield
0.24%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
17.3%▲
ROCE (FY26)
ROE 12.9% · margin 13.8%
Leverage
0.01·
Debt / Equity · low
Net cash ₹30 Cr
Revenue FY24→FY26
1.1×▲
Margin −2.9 pts
₹559 Cr → ₹632 Cr
Cash conversion
1.02×▲
Operating cash ÷ profit · 3 yrs
₹163 Cr on ₹161 Cr
Moves on a normal day
1.21%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 145 Industrial Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#83/130
P/B#80/112
ROCE#45/142
ROE#35/113
Debt / Equity#30/113
EBITDA margin#45/110
Revenue growth#37/114
Profit growth#38/109

Scorecard

Measured from the filed financials, judged against its Industrial Products peers · as of FY26 — not investment advice

Strengths
Returns on capital 17.3%
#45 of 142 in Industrial Products on the latest reported figures
Debt at 0.01× equity
lower than 74% of its 113 Industrial Products peers
Over 3 years it reported ₹161 Cr of profit and ₹163 Cr of operating cash — 1.02×
Profit is converting into cash
Concerns
Nothing flagged in the filed numbers.

Charts

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

THEJO · price

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▲ 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?

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Financials

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

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from THEJO ENGINEERING LIMITED's filed financials and exchange disclosures

What does THEJO ENGINEERING LIMITED do?

THEJO ENGINEERING LIMITED is a Industrial Manufacturing company listed on NSE, trading under the symbol THEJO.

Is THEJO ENGINEERING LIMITED profitable?

Yes. Over the trailing twelve months THEJO ENGINEERING LIMITED reported a net profit of ₹54 Cr on revenue of ₹674 Cr.

Does THEJO ENGINEERING LIMITED pay a dividend?

Yes. The dividend yield is 0.24% at the current price. It paid out 11% of its profit as dividend in FY26.

Is THEJO ENGINEERING LIMITED debt-free?

On a net basis, yes. It reported borrowings of ₹5.30 Cr on its 31 Mar 2026 balance sheet, but holds ₹30 Cr more cash than debt.

Is THEJO ENGINEERING LIMITED expensive compared with its peers?

On trailing P/E, THEJO ENGINEERING LIMITED ranks 83 of 130 in Industrial Products — cheaper than 36% of them, against an industry median of 28.5×. This is a position, not a valuation judgement.

How much does the THEJO ENGINEERING LIMITED share price move in a day?

On a typical session THEJO ENGINEERING LIMITED moves 1.21% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track THEJO ENGINEERING LIMITED's announcements?

Every NSE and BSE filing by THEJO ENGINEERING LIMITED 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.