SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Thinking Hats Entertainment Solutions Ltd (THESL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 0 NSE: THESL | Film Production, Distribution & Entertainment | Small Cap

BSE Share Price
Not Listed

Thinking Hats Entertainment Solutions Ltd (THESL)

BSE: 0 NSE: THESL
Key Metrics
Market Cap
₹19 Cr.
P/E Ratio
5.11
Price to Book (P/B)
0.67
Price to Sales (P/S)
0.39
EV/EBITDA
4.50
Return on Capital Employed (ROCE)
20.57%
Current Price
₹0
Return on Equity (ROE)
18.81%
Return on Assets (ROA)
9.77%
Operating Profit Margin
11.2%
Net Profit Margin
7.69%
Gross Profit Margin
11.4%
Book Value per Share
₹22.4
Sales Growth (YoY)
79.01%
Sales Growth (3 Years)
60.18%
Operating Profit Growth (1 Year)
6.6%
Operating Profit Growth (3 Years)
N/A%
Net Profit Growth (1 Year)
18.77%
52-Week Low / High
₹0 / 0
Net Profit Growth (3 Years)
114.36%
Dividend Yield
0.00%
Promoter Holding
56.79%
Pledged shares (%)
of Promoter's holding (%)
0.00%

Check Before You Invest

Q.1 What return has the stock given over the last decade?
Q.1 Which industry/sub-sector does Thinking Hats Entertainment Solutions Ltd belong to?
Thinking Hats Entertainment Solutions Ltd belongs to the Media sector, operating specifically within the Film Production, Distribution & Entertainment segment.
Q.1 Revenue growth of Thinking Hats Entertainment Solutions Ltd?
Thinking Hats Entertainment Solutions Ltd revenue growth is 79% for FY-2025, which is above its 3-year CAGR of 60.18%, indicating faster growth.
Q.1 Promoter shareholding and pledge status of Thinking Hats Entertainment Solutions Ltd?
Promoters hold 56.79% of the Thinking Hats Entertainment Solutions Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Revenue growth of Thinking Hats Entertainment Solutions Ltd vs industry peers?
Thinking Hats Entertainment Solutions Ltd revenue CAGR is 60.18%, compared to the industry median CAGR of 15.01%, indicating faster growth and gaining its market share.

DeciZen - make an informed investing decision on Thinking Hats

Based on:

M-Cap below 100cr DeciZen not available

Thinking Hats Entertainment Solutions stock performance

Key Ratios
mw4me loader

Is Thinking Hats Entertainment Solutions Ltd an attractive stock to invest in?

1. Is Thinking Hats Entertainment Solutions Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Thinking Hats Entertainment Solutions Ltd is a average quality company.

2. Is Thinking Hats Entertainment Solutions Ltd undervalued or overvalued?

The key valuation ratios of Thinking Hats Entertainment Solutions Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Thinking Hats Entertainment Solutions Ltd a good buy now?

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

10 Year X-Ray :

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.
Thinking Hats Entertainment Solutions 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'22Mar'23Mar'24Mar'25TTM
ROCE % 12%42.5%37.4%20.6%-
Value Creation
Index
-0.12.01.70.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11.622.226.647.748
Sales YoY Gr.-91%20.2%79%-
Adj EPS 0.52.63.52.92.9
YoY Gr.-447.9%34.2%-16.7%-
BVPS (₹) 4.97.512.622.422.4
Adj Net
Profit
0.423.13.74
Cash Flow from Ops. 12.31.5-1.5-
Debt/CF from Ops. 0.31.83.6-8.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA60.2%79%
Adj EPS NANA83%-16.7%
BVPSNANA66.2%78.3%
Share Price - - - -50.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
9.942.53718.913.1
Op. Profit
Mgn %
-2.613.218.811.2NAN
Net Profit
Mgn %
3.29.111.67.77.7
Debt to
Equity
0.10.70.50.5-
Working Cap
Days
0861321240
Cash Conv.
Cycle
02241500

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 60.18%

Net Profit is growing at healthy rate in last 3 years 82.97%

Debt to equity has declined versus last 3 years average to 0.45

Return on Equity has declined versus last 3 years average to 13.10%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials

Standalone Consolidated
TTM EPS (₹) 2.9 -
TTM Sales (₹ Cr.) 47.7 -
BVPS (₹) 22.4 -
Reserves (₹ Cr.) 15 -
P/BV 0.67 -
PE 5.11 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 18.7
Equity (₹ Cr.) 12.5
Face Value (₹) 10
Industry PE 54.3

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Thinking Hats - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Event Update

Login/Register to view analysis.

Analyst's Notes

data not found
No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales11.6022.1526.6347.67
Operating Expenses + 11.9119.2221.6342.33
Manufacturing Costs6.6615.8917.2736.73
Material Costs3.09000
Employee Cost 1.201.822.142.74
Other Costs 0.961.512.222.86
Operating Profit -0.312.9255.33
Operating Profit Margin (%) -2.6%13.2%18.8%11.2%
Other Income + 0.850.130.070.73
Exceptional Items 0000
Interest 00.210.600.62
Depreciation 0.060.100.170.22
Profit Before Tax 0.482.754.305.23
Tax 0.110.741.211.56
Profit After Tax 0.372.013.093.67
PAT Margin (%) 3.2%9.1%11.6%7.7%
Adjusted EPS (₹)0.52.63.52.9
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 3.725.731127.97
Share Capital 0.760.760.8812.49
Reserves 2.964.9710.1215.48
Debt +0.293.945.0611.31
Long Term Debt01.010.922.98
Short Term Debt0.292.944.148.33
Minority Interest0000
Trade Payables1.893.524.113.72
Others Liabilities 0.511.384.607.28
Total Liabilities 6.4114.5724.7750.28

Fixed Assets

Net Fixed Assets +0.521.661.582.01
Gross Block1.042.292.382.76
Accumulated Depreciation0.520.630.800.75
CWIP 002.3715.33
Investments 1.626.017.659.18
Inventories0000
Trade Receivables3.116.069.8912.35
Cash Equivalents 0.460.250.573.93
Others Assets 0.690.592.727.48
Total Assets 6.4114.5724.7750.28

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.982.341.50-1.52
PBT 0.482.754.305.23
Adjustment 0.060.230.680.39
Changes in Working Capital 0.460.1-2.89-5.68
Tax Paid -0.02-0.74-0.60-1.46
Cash Flow From Investing Activity + -1.51-5.62-4.08-18.75
Capex -0.11-1.25-0.09-0.05
Net Investments -1.50-4.43-1.63-5.26
Others 0.100.06-2.36-13.43
Cash Flow From Financing Activity + 0.273.072.9019.90
Net Proceeds from Shares 002.1715.84
Net Proceeds from Borrowing 00-0.092.06
Interest Paid -0-0.15-0.52-0.54
Dividend Paid 0000
Others 0.273.221.332.53
Net Cash Flow -0.26-0.210.32-0.37

Finance Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)9.9942.4636.9618.81
ROCE (%)12.0442.5137.3620.57
Asset Turnover Ratio1.812.111.351.27
PAT to CFO Conversion(x)2.651.160.49-0.41
Working Capital Days
Receivable Days9875.60109.2085.10
Inventory Days0000
Payable Days223000

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Thinking Hats Entertainment Solutions Ltd FAQs

The current trading price of Thinking Hats on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Thinking Hats stood at ₹18.73 Cr

The latest P/E ratio of Thinking Hats as of 31-Dec-1969 is 5.11.

The latest P/B ratio of Thinking Hats as of 31-Dec-1969 is 0.67.

The 52-week high of Thinking Hats is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Thinking Hats is ₹47.67 ( Cr.) .

About Thinking Hats Entertainment Solutions Ltd

Thinking Hats Entertainment Solutions was incorporated on February 11, 2013 as ‘Thinking Hats Entertainment Solutions Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. For administrative convenience, pursuant to an order passed by the Regional Director, Northern Region, New Delhi on November 29, 2019, the registered office of the Company was shifted from Delhi to the state of Maharashtra. Further, the company was converted into a public limited company pursuant to a resolution passed by its Board of Directors in their meeting held on August 18, 2023, and by the Shareholders at an Extraordinary General Meeting held on August 19, 2023 and consequently the name of the company was changed to ‘Thinking Hats Entertainment Solutions Limited’ and a fresh certificate of incorporation dated September 7, 2023 was issued by the Registrar of Companies, Maharashtra at Mumbai.

Thinking Hats Entertainment Solutions has evolved from a premier concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a strong focus on content development, intellectual property curation and tech centric product development.

With more than a decade of experience in creating events and experiences, the company is a team of visionaries who convert clients' dreams into reality. Its creative and personalized approach executes every event with the utmost professionalism and provides its clients with dependable solutions and the finest attention to detail. Thinking Hats began its event management and retail visual merchandising since incorporation and has been offering event management services related to Corporates Events, Corporate Meetings, Conference Management, Brands and Product Launches, Lifestyle and Fashion Events, Exhibitions & Fairs, Entertainment Show Management, Pan-India Ground Activations and Artist Management among others in India. Its Event Management services are offered from Media, Retail, Financial, Food, Education, Healthcare and Technology industries. It also provides prominent display and retail visual merchandise with a broad spectrum of offerings and in-store solutions to various retail stores.

With exclusive content made for platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc. OTT Platforms have become increasingly popular in recent years due to their convenience and flexibility, allowing consumers to watch their favourite shows and movies on a variety of devices, including smartphones, tablets, laptops, and smart TVs. It also offers a wider range of content options compared to traditional cable TV.

Business area of the company

The company is mainly engaged in the business of entertainment, event management and retail merchandise.

Services of the company

  • Event management services
  • Retail visual merchandising
  • Digital content creation

History and milestones 

  • 2015: It expanded its business operations to Maharashtra.
  • 2015: The company diversified its business by venturing into Retail Visual Merchandising.
  • 2016: The company successfully launched its first OTT production, ‘Aapkey Kamrey Main Koi Rehtaha Hai’.
  • 2022: The company along with JAR Pictures Indian Motion Picture Production Company, successfully launched its first OTT co production, ‘Kathmandu Connection 2’.
  • 2023: Commencement of Noida Office
  • 2024: Commencement of Delhi Office
  • 2024: It successfully registered an intellectual property for its original musical, ‘Soulless’ to secure the creative rights of its musical project.

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×