Thakkers Developers Ltd Stock Analysis

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

BSE Share Price 06-Dec-2022 18:01
140.60 -6.30 (-4.29%)

DeciZen - Make an Informed Decision on Thakkers Developers

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

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Thakkers Developers Price Chart

P/E Ratio (SA) :
6.64
Market Cap :
126.5 Cr.
52-wk low :
96.8
52-wk high :
237.4
Bole Toh?

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 Semi Strong which suggest that the price of Thakkers Developers Ltd is likely to Rise-somewhat 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 13.6%13.8%12.3%6.5%16.4%2%2.5%5.1%11.6%29.9%-
Value Creation Index -0.0-0.0-0.1-0.50.2-0.9-0.8-0.6-0.21.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 39.741.448.728.840.618.816.212.325.753.347
YoY Gr. Rt. %-4.2%17.7%-40.8%40.9%-53.6%-14.2%-23.8%108.7%107%-
Adj EPS 7.38.57.92.615.20.11.14.612.237.221.2
YoY Gr. Rt. %-16.4%-7.3%-67.2%486.5%-99.6%1716.7%322%165.9%203.8%-
BVPS (₹) 4755.463.365.981.181.282.286.899135.9148
Adj Net Profit 6.67.77.12.313.70.114.11133.419
Cash Flow from Ops. -1.2-4239.121.324.3-3.35.41.119.92.1-
Debt/CF from Ops. -24.3-1.91.42.11.3-9.25.925.90.14.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.3%5.6%48.8%107%
Adj EPS 19.8%19.6%224.2%203.8%
BVPS 12.510.918.237.3
Share Price -0.2% 11.5% 32.9% -3.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 16.716.613.3420.70.11.35.513.231.614.9
Op. Profit Mgn % 33.751.649.139.159.21222.23.336.961.941.2
Net Profit Mgn % 16.618.514.68.133.70.36.133.642.862.840.8
Debt to Equity 0.71.610.80.40.40.40.400.10.1
Working Cap Days 1,4301,5851,4922,5581,7223,3963,6344,4782,1651,141759
Cash Conv. Cycle 4565394578144921,7471,9612,4991,254614650

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 48.80%

Net Profit is growing at healthy rate in last 3 years 224.22%

Sales growth is good in last 4 quarters at 127.53%

Return on Equity has declined versus last 3 years average to 14.90%

Latest Financials - Thakkers Developers Ltd.

Standalone Consolidated
TTM EPS (₹) 21.2 20.5
TTM Sales (₹ Cr.) 46.8 48.1
BVPS (₹.) 148 155.5
Reserves (₹ Cr.) 124 131
P/BV 0.95 0.90
PE 6.64 6.85
From the Market
52 Week Low / High (₹) 96.80 / 237.40
All Time Low / High (₹) 1.50 / 237.40
Market Cap (₹ Cr.) 127
Equity (₹ Cr.) 9
Face Value (₹) 10
Industry PE 41.5

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 (%)

News

Thakkers Developers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Thakkers Developers on 06-Dec-2022 18:01 is : 140.6.
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 06-Dec-2022 18:01 the market cap of Thakkers Developers stood at ₹ 126.5.
The latest PE ratio of Thakkers Developers as of 06-Dec-2022 18:01 is 6.64.
The latest PB ratio of Thakkers Developers as of 06-Dec-2022 18:01 is 0.95
The 52-week high of Thakkers Developers is ₹ 237.4 and the 52-week low is ₹ 96.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Thakkers Developers is ₹ 46.78 ( Cr.) .

About Thakkers Developers Ltd

Thakkers Developers is one of the most reliable names in Nashik. Thakkers is one of the leading construction and real estate enterprise of Nashik.

Over the last 46 years, Thakkers has earned its reputation as a leading name in various segments like residential, commercial, retail, agricultural and many more. The Group has so far developed a vast clientele of more than 40,000 happy families by way of constructed premises or housing plots developed by it.

Thakkers have always stressed on vital aspects of quality, reliability and constant pursuit of customer-friendliness.

Thakkers can be aptly called as the Pioneers of technology, wellness and happiness. They were the first developers from Nashik to be listed in the country's fastest growing construction companies

Completed projects of the company:

  • Thakker Treasure - D 
  • Manohar Nagar 
  • Thakkers Homage 
  • Four Villa 
  • Ramrajya 1  to 7
  • Thakker Buzzr - Akole
  • Thakker Buzzr - Savada 
  • Thakker Buzzr - Nashik 
  • Thakker Buzzr - Vadgaon, and many more

Projects underway

  • Indigo Park 
  • Grandeur - B
  • Harmony
  • Nishigandh - B 
  • Sant ‘B’ - Apartment 
  • Nexus Point 
  • Purab Pachim Plaza 
  • Thakkers Mejestry 

Achievements/ recognition:

  • Certificate of ISO-9001:2000
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