Thejo Engineering
- Market cap
- ₹ 2,076 Cr.
- P/E
- 35.9x
- P/B
- 5.92x
- 52-week range
- 1,443.6 – 2,286.6
- ROE
- 16%
- ROCE
- 19%
- Dividend yield
- 0.3%
- Debt / equity
- 0.12
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE
About
Thejo Engineering Limited is an India-based company. The Company is an engineering solutions provider for bulk material handling, mineral processing and corrosion protection to the core sector industries like mining, power, steel, cement, ports and fertilizers. The Company is engaged in manufacturing rubber and polyurethane-based engineered products, marketing and servicing activities catering to installation, operation and maintenance of conveyor belts and allied services. The Company's segments include Manufacturing Units, Service Units and Others. Its services include conveyor belt services, project execution, transfer point services, abrasion and wear services, filtration services, screening services, corrosion protection services, and more. Its product categories include conveyer care, transfer point solutions, dust suppression, flow promotion, abrasion and wear protection, corrosion protection, screening solutions, filtration solutions, and speciality.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Thejo Engineering 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)35.9 against a typical 30.9: pricier than most peers (1st = cheapest).108th of 184
- Sales growth+30.9% against a typical +20.3% from a year earlier.55th of 147
- Profit growth+50% against a typical +9.4% from a year earlier.42nd of 121
- Share price, 3 months+0.6% against a typical −3.8%.64th of 164
- Size₹ 2,076.3 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).38th of 176
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 16 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 16 Jun 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 135.5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results | To consider the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026 |
| 27 May 2026 | Financial Results/Dividend | To consider the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended 31st March, 2026 and to recommend dividend, if any, on Equity Shares for the Financial Year 2025-26. |
| 9 Feb 2026 | Financial Results | To consider the financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025 |
| 10 Nov 2025 | Financial Results | To consider the Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the Unaudited financial results for the quarter ended Jun 30, 2025 |
| 28 May 2025 | Financial Results/Dividend | To consider the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended 31st March, 2025 and recommend dividend, if any, on Equity Shares for the Financial Year 2024-25. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 134 | 150 | 141 | 131 | 133 | 136 | 153 | 136 | 153 | 162 | 181 | 178 |
| Expenses | 111 | 121 | 115 | 112 | 117 | 111 | 125 | 119 | 132 | 144 | 157 | 152 |
| Operating Profit | 23 | 29 | 26 | 18 | 17 | 24 | 28 | 16 | 21 | 18 | 24 | 25 |
| OPM % | 17% | 19% | 18% | 14% | 13% | 18% | 18% | 12% | 14% | 11% | 13% | 14% |
| Other Income | 0 | 2 | 0 | 1 | 4 | 0 | 0 | 2 | 2 | −1 | 3 | 2 |
| Interest | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 5 | 5 | 6 | 4 | 5 | 5 | 5 | 4 | 2 | 4 | 4 | 5 |
| Profit before tax | 17 | 24 | 18 | 13 | 15 | 18 | 22 | 13 | 20 | 12 | 22 | 21 |
| Tax % | 20% | 22% | 25% | 27% | 16% | 24% | 25% | 27% | 29% | 29% | 23% | 27% |
| Net Profit | 14 | 19 | 13 | 10 | 12 | 14 | 17 | 10 | 14 | 8 | 17 | 15 |
| EPS in Rs | 12.25 | 16.15 | 11.59 | 8.85 | 10.98 | 12.13 | 14.03 | 8.68 | 13.92 | 8.2 | 14.6 | 14.91 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 14%
- 5 Years
- 14%
- 3 Years
- 10%
- TTM
- 21%
- 10 Years
- 80%
- 5 Years
- 14%
- 3 Years
- 16%
- TTM
- 16%
- 10 Years
- —
- 5 Years
- 22%
- 3 Years
- 9%
- TTM
- —
- 10 Years
- 20%
- 5 Years
- 20%
- 3 Years
- 19%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Thejo Engineering | ₹ 1,895.00 | ₹ 2,076 Cr. | 35.9x | 5.9x | 16% | — |
| Delhivery | ₹ 370.00 | ₹ 27,724 Cr. | 226x | 3.8x | 1.6% | 1.5% |
| Urban Company | ₹ 132.65 | ₹ 20,457 Cr. | — | 8.9x | −11.9% | −15.1% |
| Indegene | ₹ 570.00 | ₹ 13,763 Cr. | 29.5x | 3.9x | 13.9% | 11.4% |
| BLS International Services | ₹ 208.70 | ₹ 8,593 Cr. | 14.2x | 3.9x | 32.7% | 24.1% |
| Axiscades Technologies | ₹ 1,915.00 | ₹ 8,154 Cr. | 83.3x | 9.1x | 10.5% | 6.2% |
Management
- V. A. George
- Executive Chairman of the Board
- K. J. Joseph
- Chairman Emeritus
- M. D. Ravikanth
- Chief Financial Officer, Chief Compliance Officer, Company Secretary
- Manoj Joseph
- Managing Director, Whole Time Director
- Rajesh John
- Whole Time Director
- Manesh Joseph
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.