Thakkers Developers Limited operates in residential and commercial real estate projects. With a market cap of ₹138.76 crores, it is a small-scale developer. Revenue model is project-driven, with earnings tied to project completion cycles.
Face value
₹10
Market cap
₹116 Cr
P/E
17.9×
P/B
—
Dividend yield
0%
ROE
—
ROCE
—
Debt / equity
—
OPM
19.2%
EPS (TTM)
₹7.2
Book value
—
52-week high
—
52-week low
—
Key insights
Company research notes and source-linked reviews
Key risks
Extreme quarterly revenue volatility (₹0.68 Cr to ₹10.18 Cr) and operating margin swings (-139.3% to +61.38%) create forecasting difficulty and indicate concentrated project-execution risk.
Current 19.21% operating margin lacks historical context; past quarters ranged from -139.3% to +61.38%, leaving normalized profitability unclear.
Zero institutional investment (0% FII, 0% DII) combined with 71.31% promoter holding suggests limited analyst coverage and potential liquidity constraints.
Negative 1-year return (-10.83%) despite 21.41 PE multiple indicates either deteriorating fundamentals or valuation reset; clarify which.
Generated analysis · source review pending
Growth drivers
Project-driven revenue model with extreme quarterly variance (₹0.68 Cr to ₹10.18 Cr) means growth depends on timing and successful completion of the development pipeline.
Operating margin stabilization — current 19.21% OPM versus historical range of -139.3% to +61.38% — would amplify profit leverage if sustained alongside revenue expansion.
Residential and commercial sector demand recovery in housing cycle and commercial space uptake; verify whether local or national market is entering an upturn phase.
Generated analysis · source review pending
1,508 historical price candles were omitted because the exchange source has not been verified.
₹128.7-4.6%1Y
Quick read
rule-based
Pros
+High promoter holding of 71.3% with no pledge
Cons
−Profit declined 42.4% a year over the last 3 years
−Revenue shrank over the last 3 years (-17.1% a year)
Research score
Structured signal from quality, growth, valuation and momentum.
35/100
Business quality
40
Growth
0
Valuation
66
Revenue & net profit
₹ crore, by fiscal year
RevenuePAT
Margins
% of revenue, by fiscal year
OPMPAT margin
Peers
Comparable companies from the narrowest available industry classification.
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Financials
Reported profit and loss, balance sheet, cash flow and growth history.
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Ratios
Annual operating, return, leverage and working-capital ratios.
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Shareholding
Quarterly ownership, named holders, insider transactions and disclosed deals.
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F&O
Current futures and options contracts with compact option-chain pages.
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Fund holders
Mutual-fund schemes that disclosed a holding in the company.
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Documents
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
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Events
Upcoming dates and the company’s corporate-action history.
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Announcements
Latest exchange announcements, filings and downloadable documents.
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Not in the F&O segment
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
No fund holdings on record
No scheme among the 32 fund houses on record reported a position in Thakkers Developers Limited. Portfolios are published monthly by each AMC; coverage is still partial.
The Exchange has sought clarification from Thakkers Developers Ltd on April 22, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....22 Apr 2026 · Clarification
Un-Audited Standalone & Consolidated Financial Results For The Quarter Ended June 30, 2026 Along With The Limited Review Report Of The Auditors Thereon.
Declaration With Respect To Audit Report With Unmodified Opinion To The Audited Standalone & Consolidated Financial Results For The Financial Year Ended March 31, 2026.
Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 -Audited Standalone And Consolidated Financial Statements For The Year Ended March 31, 2026
Board Meeting Outcome for Regulation 30 & 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 -Audited Standalone And Consolidated Financial Statements For The Year Ended March 31, 2026.
Board Meeting Intimation for Prior Intimation Pursuant To Regulation 29 Of The Securities Exchange And Board Of India (Listing Obligations And Disclosure Requirements), Regulations, 2015 For The Board Meeting To Be Held On Friday, May 29, 2026
Un-Audited Standalone & Consolidated Financial Results For The Quarter Ended June 30, 2026 Along With The Limited Review Report Of The Auditors Thereon.
Declaration With Respect To Audit Report With Unmodified Opinion To The Audited Standalone & Consolidated Financial Results For The Financial Year Ended March 31, 2026.
Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 -Audited Standalone And Consolidated Financial Statements For The Year Ended March 31, 2026
Board Meeting Outcome for Regulation 30 & 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 -Audited Standalone And Consolidated Financial Statements For The Year Ended March 31, 2026.
Board Meeting Intimation for Prior Intimation Pursuant To Regulation 29 Of The Securities Exchange And Board Of India (Listing Obligations And Disclosure Requirements), Regulations, 2015 For The Board Meeting To Be Held On Friday, May 29, 2026