About
Thakkers Developers Limited, together with its subsidiaries, operates as a real estate and construction company in India. It operates through Construction and Contract Related Activity, and Estate Dealing and Development Activity segments. The company is involved in various activities, such as plots/land development, commercial construction, housing, agricultural production, and plantation. Thakkers Developers Limited was founded in 1962 and is based in Nashik, India.
Key Metrics
as of Sep 2026Market Cap130 Cr
P/E9.47
Div Yield0.00 %
Book Value₹185.00
52w High₹182.00
52w Low₹83.10
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18.00 | 5.00 | 14.00 | 6.00 | 9.00 | 6.00 | 7.00 | 14.00 | 4.00 | 6.00 | 5.00 | 9.00 | 10.00 |
| Expenses | 9.00 | 6.00 | 10.00 | 8.00 | 8.00 | 2.00 | 7.00 | 12.00 | 4.00 | 8.00 | 5.00 | 8.00 | 9.00 |
| Operating Profit | 10.00 | -1.00 | 5.00 | -1.00 | 1.00 | 4.00 | 0.00 | 3.00 | 0.00 | -2.00 | 0.00 | 1.00 | 1.00 |
| OPM % | 52.00 | -23.00 | 34.00 | -20.00 | 14.00 | 61.00 | -1.40 | 19.00 | -6.00 | -26.00 | 10.00 | 7.00 | 11.00 |
| Other Income | 1.00 | 2.00 | 1.00 | 3.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 10.00 | 0.00 | 5.00 | 1.00 | 1.00 | 5.00 | 0.00 | 3.00 | 0.00 | -2.00 | 0.00 | 0.00 | 0.00 |
| Tax % | 0.00 | 5,125.00 | -1.00 | -2.00 | 0.00 | 23.00 | 50.00 | 0.00 | 0.00 | 1.00 | -1,050.00 | 0.00 | 0.00 |
| Net Profit | 10.00 | -2.00 | 5.00 | 1.00 | 1.00 | 4.00 | 0.00 | 3.00 | 0.00 | -2.00 | 1.00 | 0.00 | 0.00 |
| EPS in Rs | 11.17 | -2.33 | 5.61 | 0.73 | 1.60 | 4.24 | 0.14 | 3.20 | -0.37 | -2.51 | 0.86 | 0.06 | 0.54 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 35.00 | 32.00 | 31.00 | 58.00 | 55.00 | 28.00 | 21.00 | 18.00 | 28.00 | 42.00 | 32.00 | 51.00 |
| Expenses | 31.00 | 26.00 | 30.00 | 37.00 | 21.00 | 17.00 | 16.00 | 15.00 | 25.00 | 18.00 | 21.00 | 24.00 |
| Operating Profit | 4.00 | 6.00 | 1.00 | 20.00 | 34.00 | 10.00 | 5.00 | 4.00 | 3.00 | 24.00 | 11.00 | 27.00 |
| OPM % | 11.00 | 19.00 | 2.00 | 35.00 | 62.00 | 38.00 | 22.00 | 20.00 | 10.00 | 57.00 | 35.00 | 54.00 |
| Other Income | 6.00 | 5.00 | 1.00 | 1.00 | 2.00 | 4.00 | 7.00 | 1.00 | 4.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.00 | 2.00 | 1.00 | 0.00 | 0.00 | 1.00 | 2.00 | 2.00 | 3.00 | 5.00 | 7.00 | 11.00 |
| Depreciation | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 1.00 | 1.00 | 2.00 |
| Profit before tax | 7.00 | 8.00 | -2.00 | 20.00 | 35.00 | 13.00 | 8.00 | 1.00 | 2.00 | 18.00 | 4.00 | 15.00 |
| Tax % | 28.00 | 16.00 | -46.00 | 18.00 | 4.00 | 15.00 | 11.00 | -49.00 | 84.00 | 25.00 | 36.00 | 37.00 |
| Net Profit | 5.00 | 6.00 | -1.00 | 16.00 | 34.00 | 11.00 | 7.00 | 1.00 | 0.00 | 14.00 | 2.00 | 9.00 |
| EPS in Rs | 5.68 | 7.20 | -1.06 | 17.94 | 37.72 | 12.70 | 8.23 | 1.24 | 0.39 | 15.18 | 2.50 | 10.39 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves | 147.00 | 142.00 | 135.00 | 136.00 | 120.00 | 86.00 | 75.00 | 68.00 | 67.00 | 66.00 | 53.00 | 50.00 |
| Borrowings | 17.00 | 20.00 | 31.00 | 22.00 | 15.00 | 3.00 | 27.00 | 32.00 | 31.00 | 30.00 | 45.00 | 55.00 |
| Other Liabilities | 39.00 | 47.00 | 59.00 | 60.00 | 76.00 | 78.00 | 68.00 | 79.00 | 92.00 | 111.00 | 121.00 | 112.00 |
| Total Liabilities | 213.00 | 218.00 | 234.00 | 228.00 | 220.00 | 176.00 | 180.00 | 188.00 | 198.00 | 217.00 | 228.00 | 226.00 |
| Fixed Assets | 15.00 | 15.00 | 14.00 | 15.00 | 14.00 | 13.00 | 14.00 | 17.00 | 18.00 | 14.00 | 4.00 | 5.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 7.00 | 4.00 | 30.00 | 9.00 | 16.00 | 4.00 | 7.00 | 6.00 | 5.00 | 11.00 | 4.00 | 4.00 |
| Other Assets | 191.00 | 198.00 | 190.00 | 204.00 | 191.00 | 160.00 | 158.00 | 165.00 | 175.00 | 191.00 | 220.00 | 217.00 |
| Total Assets | 213.00 | 218.00 | 234.00 | 228.00 | 220.00 | 176.00 | 180.00 | 188.00 | 198.00 | 217.00 | 228.00 | 226.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3.00 | -14.00 | 15.00 | -10.00 | -3.00 | 20.00 | 1.00 | 6.00 | -3.00 | 27.00 | 21.00 | 39.00 |
| Cash from Investing Activity | 1.00 | 27.00 | -22.00 | 5.00 | -12.00 | 5.00 | 0.00 | -1.00 | 1.00 | -5.00 | 0.00 | -1.00 |
| Cash from Financing Activity | -3.00 | -14.00 | 7.00 | 6.00 | 12.00 | -23.00 | -6.00 | 0.00 | 1.00 | -21.00 | -17.00 | -37.00 |
| Net Cash Flow | 1.00 | 0.00 | 1.00 | 1.00 | -2.00 | 2.00 | -5.00 | 5.00 | -1.00 | 1.00 | 5.00 | 1.00 |
| Free Cash Flow | 2.00 | -16.00 | 13.00 | -13.00 | -6.00 | 21.00 | 1.00 | 5.00 | -6.00 | 24.00 | 21.00 | 38.00 |
| CFO/OP % | 133.00 | -209.00 | 2,356.00 | -30.00 | 4.00 | 218.00 | 47.00 | 153.00 | -51.00 | 124.00 | 214.00 | 158.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37.00 | 9.00 | 21.00 | 56.00 | 29.00 | 57.00 | 7.00 | 28.00 | 108.00 | 28.00 | 40.00 | 45.00 |
| Inventory Days | 1,695.00 | — | 5,332.00 | 4,139.00 | — | — | — | — | — | — | — | — |
| Days Payable | 2.00 | — | 53.00 | 43.00 | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 1,730.00 | 9.00 | 5,300.00 | 4,152.00 | 29.00 | 57.00 | 7.00 | 28.00 | 108.00 | 28.00 | 40.00 | 45.00 |
| Working Capital Days | 1,283.00 | 1,096.00 | 1,177.00 | 658.00 | 603.00 | 1,226.00 | 1,459.00 | 1,599.00 | 1,070.00 | 694.00 | 718.00 | 193.00 |
| ROCE % | 5.00 | 5.00 | 0.00 | 13.00 | 29.00 | 13.00 | 9.00 | 3.00 | 5.00 | 22.00 | 9.00 | — |
Corporate Actions
6 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 17 Sep 2013 | — | — | 1.40 | |
| Dividend | 07 Sep 2012 | — | — | 1.30 | |
| Dividend | 08 Sep 2011 | — | — | 1.20 | |
| Dividend | 15 Sep 2008 | — | — | 1.10 | |
| Bonus | 06 Aug 2008 | 18 Aug 2008 | 1:1 | — | |
| Dividend | 26 Sep 2007 | — | — | 1.00 |