Thinking Hats Entertainment Solutions Limited

Thinking Hats Entertainment Solutions Limited (THESL) is a micro-cap Consumer Services company valued at ₹16 crore operating in Other Consumer Services on the NSE and BSE.

Recent price move

Thinking Hats Entertainment Solutions Limited last traded at ₹12.7, unchanged on the day.

Recent developments

2026-09-07: The DocStoX score increased slightly to 3.6, but the verdict remained 'avoid'. 2026-07-14: The score was 2.8, indicating continued concerns about the company's fundamentals. 2026-03-31: The latest financial results showed continued weakness in revenue and profit trends.

Financial performance

The company's business is deteriorating, with annual revenue falling 50.7% and annual net profit dropping 66.2%. The latest quarter shows revenue and net profit both fell sharply compared to the same quarter a year earlier, with revenue down 61.1% and net profit down 80.1%. Margins have also declined, with the net profit margin falling 2.4 percentage points to 5.3%.

Valuation multiples

The stock trades at 12.7 times earnings, 0.59 times book value.

Things to watch

The company's net profit margin has fallen significantly, indicating declining profitability. High debtors and increased working capital days suggest poor cash flow management. The company is not paying dividends despite reporting profits, which raises concerns about its financial health.

Where it stands

The DocStoX verdict of avoid follows from the company's declining revenue and profit trends, weak margin performance, and poor cash flow management. The most critical factor is the sharp drop in net profit, which highlights the company's inability to sustain profitability.

Summarised by DocStoX's model on 2026-09-08 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.