Thakkers Developers Limited

Thakkers Developers Limited (THAKDEV) is a micro-cap Realty company valued at ₹130 crore operating in Residential, Commercial Projects on the NSE and BSE.

Recent price move

Thakkers Developers Limited last traded at ₹133.9, up 4.52% on the day.

Recent developments

2026-06-30: The company reported a significant surge in net profit to ₹10 crore in the latest quarter, marking a sharp recovery from the previous quarter's loss. 2026-03-31: The company posted a net profit loss of ₹2 crore, indicating a challenging period for the business.

Financial performance

The company's business has shown mixed performance, with annual revenue rising 9.4% to ₹35 crore but annual net profit declining 16.7% to ₹5 crore. The latest quarter saw a dramatic turnaround, with revenue jumping 100.0% to ₹18 crore and net profit soaring 900.0% to ₹10 crore compared to the same quarter a year earlier, though the prior quarter ended with a net profit loss of ₹2 crore.

Valuation multiples

The stock trades at 23.6 times earnings, 0.74 times book value.

Things to watch

The company's net profit margin has narrowed by 4.5 percentage points to 14.3%, and return on equity remains low at 3.3%. The company's profit has declined sharply over the past three years, with a 32.1% annualized drop, and the return on capital employed is also weak at 5.0%. The stock is 21.0% below its 52-week high.

Where it stands

Thakkers Developers Ltd has experienced a sharp rebound in the latest quarter, with net profit jumping 900.0% to ₹10 crore, but annual net profit has fallen 16.7% to ₹5 crore. The company's profit growth has been negative over the past three years, and its return on equity remains low at 3.3%. The stock is 21.0% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.