Thakkers Developers Ltd - Stock Valuation and Financial Performance

BSE: 526654 | NSE: | Construction - Real Estate | Small Cap

Thakkers Developers Share Price

157.05 0.10 0.06%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Thakkers Developers

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Thakkers Developers stock performance -

mw4me loader
P/E Ratio (SA):
34.63
Market Cap:
141.3 Cr.
52-wk low:
116.2
52-wk high:
274.9

Is Thakkers Developers Ltd an attractive stock to invest in?

1. Is Thakkers Developers Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Thakkers Developers Ltd is a average quality company.

2. Is Thakkers Developers Ltd undervalued or overvalued?

The key valuation ratios of Thakkers Developers Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Thakkers Developers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Thakkers Developers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Thakkers Developers:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Thakkers Developers Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 13.8%12.3%6.5%16.4%2%2.5%5.1%11.6%29.9%12%-
Value Creation
Index
0.0-0.1-0.50.2-0.9-0.8-0.6-0.21.1-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 41.448.728.840.618.816.212.325.753.355.332
Sales YoY Gr.-17.7%-40.8%40.9%-53.6%-14.2%-23.8%108.7%107%3.9%-
Adj EPS 8.57.92.615.20.11.14.612.237.218.84.5
YoY Gr.--7.3%-67.2%486.5%-99.6%1716.7%322%165.9%203.8%-49.4%-
BVPS (₹) 55.463.365.981.181.282.286.899135.9154.5153.6
Adj Net
Profit
7.77.12.313.70.114.11133.416.94
Cash Flow from Ops. -4239.121.324.3-3.35.41.119.92.1-9.7-
Debt/CF from Ops. -1.91.42.11.3-9.25.925.90.14.9-1.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.3%24%64.9%3.9%
Adj EPS 9.2%215.7%59.9%-49.4%
BVPS12.1%13.8%21.2%13.7%
Share Price 1.2% 18.2% 16.1% 23.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
16.613.3420.70.11.35.513.231.6132.9
Op. Profit
Mgn %
51.649.139.159.21222.23.336.961.937.524.7
Net Profit
Mgn %
18.514.68.133.70.36.133.642.862.830.612.9
Debt to
Equity
1.610.80.40.40.40.400.10.10.1
Working Cap
Days
1,5851,4922,5581,7223,3963,6344,4782,1651,1411,1853,645
Cash Conv.
Cycle
5394578144921,7471,9612,4991,2546146202,979

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 64.94%

Net Profit is growing at healthy rate in last 3 years 59.91%

Return on Equity has declined versus last 3 years average to 2.90%

Sales growth is not so good in last 4 quarters at -39.11%

Latest Financials - Thakkers Developers Ltd.

Standalone Consolidated
TTM EPS (₹) 4.5 6.6
TTM Sales (₹ Cr.) 31.6 43.5
BVPS (₹.) 153.6 162.8
Reserves (₹ Cr.) 129 137
P/BV 1.02 0.96
PE 34.63 23.86
From the Market
52 Week Low / High (₹) 116.15 / 274.90
All Time Low / High (₹) 1.50 / 274.90
Market Cap (₹ Cr.) 141
Equity (₹ Cr.) 9
Face Value (₹) 10
Industry PE 76.3

Management X-Ray of Thakkers Developers:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Thakkers Developers

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales41492941191612265355
Operating Expenses 20251817171312162035
Manufacturing Costs0000000000
Material Costs141467733111425
Employee Cost 3344654214
Other Costs 4865445355
Operating Profit 21241124240103321
Operating Profit Margin (%) 51.6%49.1%39.1%59.1%12.0%22.2%3.3%36.9%61.9%37.5%
Other Income 0000417421
Interest 91175322101
Depreciation 1211221112
Exceptional Items 0000000000
Profit Before Tax 1211418214123520
Tax 4414200113
Profit After Tax 87214014113317
PAT Margin (%) 18.4%14.6%7.9%33.7%0.2%6.1%33.6%42.8%62.8%30.6%
Adjusted EPS (₹)8.57.92.515.20.01.14.612.237.218.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5057597373747889122139
Share Capital 9999999999
Reserves 4148506464656980113130
Minority Interest0000000000
Debt7647392427302531017
Long Term Debt633532172221241910
Short Term Debt121267581117
Trade Payables1111104411301
Others Liabilities 6898106107867564787249
Total Liabilities 205213214208189179168173205205

Fixed Assets

Gross Block991012151515131316
Accumulated Depreciation346781011989
Net Fixed Assets6546764357
CWIP 0000000000
Investments 121161213132146
Inventories83798189888485939781
Trade Receivables6543810438
Cash Equivalents 2384272423
Others Assets106118116907368646783100
Total Assets 205213214208189179168173205205

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -42392124-351202-10
PBT 1211418214133520
Adjustment 101386443-4-21
Changes in Working Capital -6119113-81-613-28-28
Tax Paid -2-4-1-3-100-2-3-3
Cash Flow From Investing Activity -2-10-4-3-105-115
Capex -2-1-1-3-3001-3-3
Net Investments 001-1-1-104-117
Others 0000000020
Cash Flow From Financing Activity 43-37-17-2001-6-2386
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -8-11-7-5-3-2-2-100
Dividend Paid -1000000000
Others 52-26-10-1533-4-2386
Net Cash Flow -1151-65-52-21
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)16.5113.293.9320.670.051.335.4413.1631.6312.95
ROCE (%)20.3418.579.5322.124.462.835.5413.2330.8914.22
Asset Turnover Ratio0.220.230.130.190.090.090.070.150.280.27
PAT to CFO Conversion(x)-5.255.5710.51.71-INF50.251.820.06-0.59
Working Capital Days
Receivable Days5541573110810421282538
Inventory Days6406101,0197671,7151,9452,5111,267653588
Payable Days42929263037222425990624412

Thakkers Developers Ltd Stock News

Thakkers Developers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Thakkers Developers on 28-Mar-2024 16:01 is ₹157.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Thakkers Developers stood at ₹141.2.
The latest P/E ratio of Thakkers Developers as of 28-Mar-2024 16:01 is 34.63.
The latest P/B ratio of Thakkers Developers as of 28-Mar-2024 16:01 is 1.02.
The 52-week high of Thakkers Developers is ₹274.9 and the 52-week low is ₹116.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Thakkers Developers is ₹31.64 ( Cr.) .

About Thakkers Developers Ltd

Thakkers Developers Ltd is a public limited company domiciled in India and incorporated on March 30, 1987 under the provision of Companies Act, 1956. The registered office of Company is located at 37/39, Kantol Niwas, Modi Street, Fort, Mumbai 400 001. The administrative office of the Company is at 7, Thakkers, Near Nehru Garden, Nashik. Shares of the Company are listed on Bombay Stock Exchange (BSE). 

Business area of the company

The company is engaged in the business of Real Estate & Construction activities.

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