THAKKERS DEVELOPERS LTD. (THAKDEV) financials

THAKKERS DEVELOPERS LTD. (THAKDEV) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1987, Thakkers Developers Ltd is in the business of Real Estate & Construction activities[1]

Market Cap: ₹130Cr.
Current Price: ₹144
Stock P/E: 12.6
ROE: 0.64%
ROCE: 1.45%
Book Value: ₹166
Dividend Yield: 0.00%
52W High / Low: ₹166/83.1

In Jun 2026, THAKKERS DEVELOPERS LTD. (THAKDEV) reported sales ₹13.02 Cr and net profit ₹9.21 Cr.

Annual TTM: sales ₹22 Cr, net profit ₹10 Cr.

Shareholding: Promoters 71.31% (Sep 2026), Public 28.68% (Sep 2026), No. of Shareholders 1,390% (Sep 2026).

THAKDEV quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	3.45	3.31	4.05	2.59	2.51	5.42	1.46	13.02
Expenses	3.03	3.02	3.11	3.03	3.78	4.16	2.95	4.27
Operating Profit	0.42	0.29	0.94	-0.44	-1.27	1.26	-1.49	8.75
OPM %	12.17%	8.76%	23.21%	-16.99%	-50.60%	23.25%	-102.05%	67.20%
Other Income	1.07	1.23	2.04	0.85	2.64	0.84	1.71	0.93
Interest	0.43	0.46	0.34	0.16	0.18	0.19	0.15	0.11
Depreciation	0.42	0.42	0.44	0.42	0.45	0.49	0.49	0.35
Profit before tax	0.64	0.64	2.20	-0.17	0.74	1.42	-0.42	9.22
Tax %	-0.00%	18.75%	7.73%	-0.00%	-0.00%	-4.23%	173.81%	-0.00%
Net Profit	0.64	0.52	2.03	-0.17	0.74	1.48	-1.15	9.21
EPS in Rs	0.71	0.58	2.26	-0.19	0.82	1.64	-1.28	10.23
Raw PDF	—	—	—	—	—	—	—	—

THAKDEV profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	12	26	53	55	16	13	12	22
Expenses	12	16	20	35	18	12	14	15
Operating Profit	0	9	33	21	-1	1	-2	7
OPM %	3.0%	37%	62%	37%	-8%	9%	-16%	32%
Other Income	7	4	2	1	1	5	6	6
Interest	2	1	0	0	1	2	1	1
Depreciation	1	1	1	2	2	2	2	2
Profit before tax	4	12	35	20	-4	3	2	11
Tax %	-0%	12%	3%	16%	-29%	10%	42%	—
Net Profit	4	11	33	17	-3	3	1	10
EPS in Rs	4.60	12.22	37.16	18.81	-2.82	3.01	1.00	11.41
Dividend Payout %	-0%	-0%	-0%	-0%	-0%	-0%	-0%	—

THAKDEV balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	9	9	9	9	9	9	9	9
Reserves	65	69	80	113	130	128	131	132
Borrowings	32	27	3	10	18	26	15	15
Other Liabilities	73	63	80	71	47	40	46	43
Total Liabilities	179	168	171	203	203	203	201	199
Fixed Assets	15	13	11	12	13	13	13	12
CWIP	-0	-0	-0	-0	-0	-0	-0	-0
Investments	4	4	2	14	6	19	2	5
Other Assets	160	151	159	178	183	171	186	182
Total Assets	179	168	171	203	203	203	201	199

THAKDEV cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	5	1	20	2	-10	5	-8	-1
Cash from Investing Activity	-1	0	5	-11	5	-14	20	1
Cash from Financing Activity	1	-6	-23	8	6	7	-13	-0
Net Cash Flow	5	-5	2	-2	1	-2	-1	0
Free Cash Flow	5	1	21	-0	-13	3	-9	-2
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	154%	303%	232%	18%	-33%	-398%	-575%	-3%

THAKDEV shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	71.31%	71.31%	71.31%	71.31%	71.31%	71.31%	71.31%	71.31%
Public	28.69%	28.68%	28.68%	28.68%	28.68%	28.70%	28.68%	28.68%
No. of Shareholders	1,376	1,351	1,399	1,417	1,382	1,387	1,377	1,390

THAKDEV key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	33	3	55	24	53	1	16	9
Inventory Days	—	—	—	—	1,823	5,386	—	9,446
Days Payable	—	—	—	—	26	73	—	15
Cash Conversion Cycle	33	3	55	24	1,851	5,314	16	9,440
Working Capital Days	1,885	2,296	1,277	564	597	2,003	2,728	3,323
ROCE %	3%	6%	13%	31%	14%	-1%	3%	1%

THAKDEVUpdated 22 Oct 2026, 9:03

Thakkers Developers Ltd.

THAKDEVUpdated 22 Oct 2026, 9:03

Market Cap

₹130Cr.

Current Price

₹144

High / Low

₹166/83.1

Stock P/E

12.6

ROE0.64%

ROCE1.45%

Book Value₹166

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 1987, Thakkers Developers Ltd is in the business of Real Estate & Construction activities[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	10.26	0.24	8.85	0.17	0.5	0.84	0	0.84	0.93
Sep 2023	1.27	0.22	2.47	0.2	0.55	-1.77	0	-1.77	-1.97
Dec 2023	3.17	0.34	3.31	0.37	0.58	-0.69	-121.74	0.15	0.17
Mar 2024	1.78	0.56	3.17	0.58	0.58	-1.95	-9.74	-1.76	-1.96
Jun 2024	2.52	0.48	2.93	0.83	0.42	-0.48	0	-0.47	-0.52
Sep 2024	3.45	0.43	3.03	1.07	0.42	0.64	0	0.64	0.71
Dec 2024	3.31	0.46	3.02	1.23	0.42	0.64	18.75	0.52	0.58
Mar 2025	4.05	0.34	3.11	2.04	0.44	2.2	7.73	2.03	2.26
Jun 2025	2.59	0.16	3.03	0.85	0.42	-0.17	0	-0.17	-0.19
Sep 2025	2.51	0.18	3.78	2.64	0.45	0.74	0	0.74	0.82
Dec 2025	5.42	0.19	4.16	0.84	0.49	1.42	-4.23	1.48	1.64
Mar 2026	1.46	0.15	2.95	1.71	0.49	-0.42	173.81	-1.15	-1.28
Jun 2026	13.02	0.11	4.27	0.93	0.35	9.22	0	9.21	10.23

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	47	11	23	0	2	11	37	7	7.89
Mar 2016	30	7	19	0	1	4	36	2	2.53
Mar 2017	40	5	16	0	1	18	25	14	15.19
Mar 2018	20	3	18	4	2	2	98	0	0.03
Mar 2019	15	2	11	1	2	1	-72	1	1.09
Mar 2020	12	2	12	7	1	4	0	4	4.6
Mar 2021	26	1	16	4	1	12	12	11	12.22
Mar 2022	53	0	20	2	1	35	3	33	37.16
Mar 2023	55	0	35	1	2	20	16	17	18.81
Mar 2024	16	1	18	1	2	-4	-29	-3	-2.82
Mar 2025	13	2	12	5	2	3	10	3	3.01
Mar 2026	12	1	14	6	2	2	42	1	1
TTM	22	1	15	6	2	11	—	10	11.41

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	71.31%
Public	28.68%

Shareholding trend

Ownership over time%

Quarter	Promoters	Public
Dec 2023	71.31%	28.69%
Mar 2024	71.31%	28.69%
Jun 2024	71.31%	28.7%
Sep 2024	71.31%	28.69%
Dec 2024	71.31%	28.69%
Mar 2025	71.31%	28.68%
Jun 2025	71.31%	28.68%
Sep 2025	71.31%	28.68%
Dec 2025	71.31%	28.68%
Mar 2026	71.31%	28.7%
Jun 2026	71.31%	28.68%
Sep 2026	71.31%	28.68%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	Investments	Other Assets	Total Assets
Mar 2015	9	48	55	101	213	5	2	206	213
Mar 2016	9	50	45	110	214	4	1	209	214
Mar 2017	9	64	30	104	208	14	8	186	208
Mar 2018	9	64	30	86	189	16	3	170	189
Mar 2019	9	65	32	73	179	15	4	160	179
Mar 2020	9	69	27	63	168	13	4	151	168
Mar 2021	9	80	3	80	171	11	2	159	171
Mar 2022	9	113	10	71	203	12	14	178	203
Mar 2023	9	130	18	47	203	13	6	183	203
Mar 2024	9	128	26	40	203	13	19	171	203
Mar 2025	9	131	15	46	201	13	2	186	201
Mar 2026	9	132	15	43	199	12	5	182	199

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	39	-1	-37	1
Mar 2016	21	0	-17	5
Mar 2017	24	-4	-20	1
Mar 2018	-3	-3	0	-6
Mar 2019	5	-1	1	5
Mar 2020	1	0	-6	-5
Mar 2021	20	5	-23	2
Mar 2022	2	-11	8	-2
Mar 2023	-10	5	6	1
Mar 2024	5	-14	7	-2
Mar 2025	-8	20	-13	-1
Mar 2026	-1	1	0	0

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	43	43	29	144	33	3	55	24	53	1	16	9
Inventory Days	—	—	—	—	—	—	—	—	1,823	5,386	—	9,446
Days Payable	—	—	—	—	—	—	—	—	26	73	—	15
Cash Conversion Cycle	43	43	29	144	33	3	55	24	1,851	5,314	16	9,440
Working Capital Days	148	647	623	1,442	1,885	2,296	1,277	564	597	2,003	2,728	3,323
ROCE %	19%	9%	22%	4%	3%	6%	13%	31%	14%	-1%	3%	1%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of THAKKERS DEVELOPERS LTD. (THAKDEV)?

The reported market capitalisation for THAKKERS DEVELOPERS LTD. (THAKDEV) is ₹130Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of THAKDEV?

The current price shown for THAKKERS DEVELOPERS LTD. (THAKDEV) on Fincrux is ₹144 with a 52-week high/low of ₹166/83.1.

What is the P/E ratio of THAKKERS DEVELOPERS LTD. (THAKDEV)?

The stock P/E for THAKKERS DEVELOPERS LTD. (THAKDEV) is 12.6 on Fincrux, with ROE at 0.64% and ROCE at 1.45%.

What were THAKDEV latest quarterly results?

For Jun 2026, THAKKERS DEVELOPERS LTD. (THAKDEV) reported sales ₹13.02 Cr and net profit ₹9.21 Cr (figures in ₹ crore unless noted).

What are THAKDEV annual sales and net profit?

For TTM, THAKKERS DEVELOPERS LTD. (THAKDEV) shows sales of ₹22 Cr and net profit of ₹10 Cr on the Fincrux profit & loss statement.

Who owns THAKKERS DEVELOPERS LTD. (THAKDEV)?

Latest shareholding for THAKKERS DEVELOPERS LTD. (THAKDEV) on Fincrux: Promoters 71.31% (Sep 2026), Public 28.68% (Sep 2026), No. of Shareholders 1,390% (Sep 2026).

Where can I find THAKKERS DEVELOPERS LTD. (THAKDEV) financials?

THAKKERS DEVELOPERS LTD. (THAKDEV) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show THAKDEV balance sheet and cash flow?

Yes. The THAKKERS DEVELOPERS LTD. (THAKDEV) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 22 October 2026 at 9:03