Thakkers Developers

NSE: THAKDEVBSE: 526654
Compare with peers
₹ 138.00▲ 5.09 (+3.83%)28 Oct, 01:23 pm IST
Market cap
₹ 130 Cr.
P/E
8.8x
P/B
0.77x
52-week range
115.1 – 163.01
ROE
3%
ROCE
5%
Dividend yield
0%
Debt / equity
0.11
Sector
Realty
Industry
Residential, Commercial Projects
Listed on
NSE, BSE

About

Thakkers Developers Limited is an India-based company engaged in the business of real estate and construction activities. Its segments include Construction & Contract Related Activity and Estate Dealing & Development Activity. It also executes construction projects through its subsidiaries. Its projects include ongoing residential, ongoing commercial, completed residential and completed commercial. Its ongoing residential projects include The Manor, Vida 26, Richmond Heights B, Thakkers Paradise and Eva Luxuria. Its ongoing commercial projects include Highstreet-Center, Manohar Arcade, Nexus-Nashik, M Square, and Nexus-Nagpur. Its completed residential projects consist of Richmond Heights, Indigo Park, Grandeur, Thakkers Treasure, Thakkers Enclave, and Nishigandha Avenue, and others. Its completed commercial projects consist of Purab Pashchim Plaza and Thakkers Majesty. It provides services to the residential, commercial, retail, and agricultural segments, among others.

Quick check

The five things to look at first. Open one for more.

Thakkers Developers against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)8.8 against a typical 23.3: cheaper than most peers (1st = cheapest).33rd of 173
  • Sales growth+100% against a typical +6.6% from a year earlier.24th of 134
  • Profit growth+900% against a typical +2.9% from a year earlier.4th of 108
  • Share price, 3 months−8.7% against a typical −9.9%.67th of 147
  • Size₹ 129.6 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).82nd of 163

Share price

1Y change +6.85%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales956414769614518
Expenses85841272881069
Operating Profit10−203041−15−110
OPM %7%10%−26%−6%19%−1.4%61%14%−20%34%−23%52%
Other Income001111213121
Interest001000000000
Depreciation111000000010
Profit before tax00−20305115010
Tax %0%−1,050%1%0%0%50%23%0%−2%−1%5,125%0%
Net Profit01−20304115−210
EPS in Rs0.060.86−2.51−0.373.20.144.241.60.735.61−2.3311.17

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
1%
5 Years
5%
3 Years
−16%
TTM
21%
Compounded Profit Growth
10 Years
8%
5 Years
−15%
3 Years
−32%
TTM
65%
Stock Price CAGR
10 Years
8%
5 Years
19%
3 Years
8%
TTM
—
Return on Equity
10 Years
9%
5 Years
9%
3 Years
2%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
71.31%
0 pts in a year
Public
28.68%
0 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 8.8xEPS (12 months) ₹ 15.21Median P/E 17.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Thakkers Developers₹ 138.00₹ 130 Cr.8.8x0.8x3%—
Prestige Estates Projects₹ 1,400.00₹ 60,302 Cr.60.3x4.4x7.5%10.3%
Embassy Office Parks REIT₹ 422.00₹ 40,001 Cr.52.8x2x4.3%20.3%
Nexus Select Trust₹ 158.12₹ 23,955 Cr.62.5x1.9x3%15.7%
WeWork India Management₹ 630.90₹ 8,782 Cr.130.7x32.1x—3.2%
NESCO₹ 988.20₹ 6,963 Cr.18.3x2.6x—43.8%

Management

Jitendra Manohardas Thakker
Executive Chairman of the Board
Rajendra Rambhau Bunage
Chief Financial Officer
Shruti Amit Pekam
Compliance Officer, Company Secretary
Rajendra Manohardas Thakker
Managing Director, Whole-Time Director
Narendra Manohardas Thakker
Whole-Time Director
Vidhi Narendra Thakker
Additional Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.