Thakral Services (India) Limited

About

Thakral Services (India) Limited provides electronic security solutions, including CCTV, access control, fire detection, alarms, and intrusion alarms in India. The company offers surveillance systems, which comprise analog cameras, such as dome, box, speed dome, infra-red, and pinhole cameras, as well as digital video recorders. It also offers fire alarm systems, as well as its components, such as control panels, initiators, and indicating/notifying appliances; intrusion alarm systems and system components; and access control panels and system components, as well as time and attendance, and visitor management software products. In addition, the company provides grid-tied solar systems, building management systems, and accessories. Thakral Services (India) Limited serves clients in the banking and finance, information technology, healthcare, education, retail, media, utilities, and hospitality industries. It also exports its products. The company was formerly known as Primeast Investments Limited and changed its name to Thakral Services (India) Limited in February 2007. Thakral Services (India) Limited was incorporated in 1983 and is headquartered in Bengaluru, India. As of May 20, 2026, Thakral Services (India) Limited operates as a subsidiary of Netizen Properties Pvt Ltd.

Key Metrics

as of Sep 2026

Market Cap18 Cr

P/E611.00

Div Yield0.00 %

Book Value₹-7.85

52w High₹18.80

52w Low₹9.50

Face Value₹3.00

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	0.17	0.33	0.11	0.16	0.14	0.09	0.09	0.07	0.27	3.25	3.98	11.76	5.53
Expenses	0.31	0.30	0.24	0.36	0.23	0.27	0.27	0.27	0.47	3.74	4.01	11.74	8.57
Operating Profit	-0.14	0.03	-0.13	-0.20	-0.09	-0.18	-0.18	-0.20	-0.20	-0.49	-0.03	0.02	-3.04
OPM %	-82.35	9.09	-118.18	-125.00	-64.29	-200.00	-200.00	-285.71	-74.07	-15.08	-0.75	0.17	-54.97
Other Income	0.13	0.09	0.16	0.09	0.01	0.18	0.18	0.05	0.10	0.11	0.05	0.17	0.10
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.18	0.18
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.04	0.03
Profit before tax	-0.01	0.12	0.03	-0.11	-0.08	0.00	0.00	-0.15	-0.10	-0.37	0.02	-0.03	-3.15
Tax %	0.00	0.00	0.00	0.00	0.00	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	-0.01	0.12	0.03	-0.11	-0.08	0.00	0.00	-0.15	-0.10	-0.37	0.02	-0.02	-3.15
EPS in Rs	-0.01	0.10	0.03	-0.09	-0.07	0.00	0.00	-0.13	-0.09	-0.32	0.02	-0.02	-2.68

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	0.74	0.51	24.53	18.44	16.59	16.59	23.30	20.92	19.53	24.12	18.31	29.33
Expenses	1.12	1.27	28.05	21.20	18.98	18.21	22.44	20.06	19.55	22.57	20.16	31.51
Operating Profit	-0.38	-0.76	-3.52	-2.76	-2.39	-1.62	0.86	0.86	-0.02	1.55	-1.85	-2.18
OPM %	-51.35	-149.02	-14.35	-14.97	-14.41	-9.76	3.69	4.11	-0.10	6.43	-10.10	-7.43
Other Income	0.35	0.51	0.43	0.38	0.22	0.57	0.53	0.47	0.64	0.08	0.10	0.22
Interest	0.00	0.00	0.07	0.17	0.00	0.56	0.76	0.76	0.79	0.85	0.95	1.13
Depreciation	0.00	0.00	0.36	0.72	0.18	0.25	0.26	0.28	0.34	0.47	0.46	0.57
Profit before tax	-0.03	-0.25	-3.52	-3.27	-2.35	-1.86	0.37	0.29	-0.51	0.31	-3.16	-3.66
Tax %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	27.59	113.73	-167.74	9.49	-7.38
Net Profit	-0.03	-0.25	-3.51	-3.27	-2.35	-1.87	0.37	0.21	-1.10	0.83	-3.46	-3.39
EPS in Rs	-0.03	-0.21	-2.99	-2.79	-2.00	-1.59	0.32	0.18	-0.94	0.71	-2.95	-2.89
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	3.52	3.52	3.52	3.52	3.52	3.52	3.52	3.52	3.52	3.52	3.52	3.52
Reserves	-12.73	-12.68	-12.42	-8.84	-5.58	-3.33	-1.51	-1.88	-2.13	-0.97	-1.81	1.65
Borrowings	8.11	8.34	7.82	14.14	10.95	8.98	2.58	3.49	5.68	6.23	10.75	12.18
Other Liabilities	2.29	2.56	6.01	7.66	8.72	7.87	15.45	12.29	12.20	12.99	8.55	10.01
Total Liabilities	1.19	1.74	4.93	16.48	17.61	17.04	20.04	17.42	19.27	21.77	21.01	27.36
Fixed Assets	0.00	0.00	0.00	1.35	0.25	0.42	0.51	0.69	0.92	1.00	1.06	1.30
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	0.00	0.00	0.03	0.01	0.01	0.01	0.01	0.02	0.04	0.03	0.03	0.02
Other Assets	1.19	1.74	4.90	15.12	17.35	16.61	19.52	16.71	18.31	20.74	19.92	26.04
Total Assets	1.19	1.74	4.93	16.48	17.61	17.04	20.04	17.42	19.27	21.77	21.01	27.36

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	-0.10	-0.36	4.15	-0.23	-1.95	-0.21	2.61	2.88	2.67	-1.59	2.48	-0.12
Cash from Investing Activity	0.00	0.03	0.25	-0.08	0.03	-0.19	-0.05	-0.07	-0.16	-0.37	-0.23	0.14
Cash from Financing Activity	-0.22	0.52	-5.49	1.38	1.97	-0.57	-1.50	-3.12	-2.29	2.12	-2.31	-0.90
Net Cash Flow	-0.32	0.18	-1.09	1.07	0.05	-0.97	1.05	-0.31	0.21	0.16	-0.05	-0.88
Free Cash Flow	-0.10	-0.36	4.33	-0.33	-1.96	-0.36	2.53	2.82	2.37	-2.00	2.23	0.02
CFO/OP %	26.00	79.00	-116.00	38.00	69.00	-1.00	322.00	379.00	-13,650.00	-219.00	-139.00	-8.00

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	152.91	42.94	57.44	150.83	215.39	223.31	187.83	211.99	260.34	235.92	267.52	229.35
Inventory Days	—	0.00	0.00	99.85	116.12	97.17	100.17	42.77	44.13	41.67	52.95	37.77
Days Payable	—	—	—	138.44	163.08	138.26	92.89	83.84	81.40	39.31	110.03	98.50
Cash Conversion Cycle	152.91	42.94	57.44	112.25	168.43	182.22	195.11	170.91	223.07	238.28	210.44	168.62
Working Capital Days	-680.68	-1,023.43	-22.02	104.12	179.31	182.39	43.55	70.66	100.55	95.79	85.12	84.87
ROCE %	—	—	-89.15	-35.01	-26.02	-18.90	23.25	17.21	3.53	10.92	-14.83	-13.27

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00
Public	26.01	25.99	25.98	25.99	26.00	26.00	25.99	25.99	25.99	25.99	25.99	25.99
No. of Shareholders	4,223	4,207	4,207	4,203	4,036	3,819	3,704	3,683	3,666	3,625	3,629	3,630