Thakkers Developers Ltd Stock Price Today (NSE: THAKDEV)

Thakkers Developers Ltd

125.501.25 (0.99%)
Market Closed

Fundamental Score

...

Thakkers Developers Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Thakkers Developers Ltd share price today is 125.50, down 0.99% on NSE/BSE as of 17 June 2026. Thakkers Developers Ltd (THAKDEV) is a Small-cap company in the Residential, Commercial Projects sector with a market capitalisation of 138.42 (Cr). The 52-week high for THAKDEV share price is 199.00 and the 52-week low is 83.12. At a P/E ratio of 22.77x, THAKDEV is currently trading below its industry average P/E of 35.86x. The company has a Return on Equity (ROE) of 4.41% and a debt-to-equity ratio of 0.10.

Thakkers Developers Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
149.35
Low
125.50
Volume
185.93333333333334
Change
-1.85%

Thakkers Developers Ltd share price chart: -1.85% return over the past month. 52-week high ₹199.00, 52-week low ₹83.12.

Thakkers Developers Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
141.40141.75141.40141.75123.00 (Cr)
139.60139.60139.60139.600.00 (Cr)
133.00139.65133.00139.60382.00 (Cr)
135.85135.85133.00133.003.00 (Cr)
140.00140.00140.00140.0010.00 (Cr)
142.95142.95142.95142.95100.00 (Cr)
136.80137.00136.80136.85399.00 (Cr)
137.30144.15137.30143.95140.00 (Cr)
140.00140.00137.30137.30225.00 (Cr)
138.65144.50138.65144.5010.00 (Cr)

Thakkers Developers Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
141.40141.75141.40141.75+0.25%
134.45146.40133.00139.60+3.83%
88.00149.3583.12141.45+60.74%
121.20127.5089.4090.00-25.74%
130.00140.40121.10127.20-2.15%
140.00143.70121.65126.00-10.00%
151.85154.00121.00140.00-7.80%
153.00165.00141.00152.90-0.07%
150.70176.95149.00149.00-1.13%
160.00181.95143.15154.95-3.16%
178.00199.00150.70170.00-4.49%
171.10184.00158.20180.00+5.20%

AI Research Briefing

Powered by Gemini · 2026-04-09

Micro-cap real estate play with declining earnings, governance red flags, and high liquidity risk warrants avoidance.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEBreakdown: 1M: 3.22%, 3M: -6.79%, 6M: -19.81%Fair, P/E 22.77x vs Industry P/E 35.86x

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. The stock sank to a 52-week low amidst a stock-specific sell-off earlier this month. Recent news is a mix of neutral and positive, with Markets Mojo rating the stock as a 'Sell' but also noting a shift to fair valuation. A board meeting on March 26, 2026, saw the resignation of a director and the appointment of a new whole-time director.

CORE STORY (THE REAL GAME)

Thakkers Developers is a micro-cap real estate play, heavily reliant on local Nashik market sentiment and execution. The real game is whether they can scale beyond this and deliver consistent profitability.

Why Now
  • Latest quarter profit declined -77.08% YoY
  • Multiple director resignations
  • Negative sentiment from Markets Mojo
Potential Catalysts
  • Significant order wins in new geographies
  • Turnaround in quarterly earnings
  • Improved corporate governance
Key Risks
  • Micro/SME cap: Illiquidity risk
  • Declining YoY profit and sales
  • Multiple director resignations
Institutional Activity

No FII or DII activity. Promoter holding stable.

Macro Context

Residential market is cooling, presenting a headwind.

Cash Flow Quality

Poor, Free Cash Flow 5Y: ₹0.71 Cr

3–6 Month Outlook

Near-term outlook is weak due to poor earnings and governance concerns. A turnaround depends on successful project execution and improved market sentiment.

Primary Thesis Risk

Inability to scale operations and consistent losses will erode shareholder value.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

4.41%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

5.49%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

35.20%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Thakkers Developers Ltd Valuation Check

Excellent

Price to Earnings (P/E)

22.77x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

35.86x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

71.31%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-77.08%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-54.42%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

8.62%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-2.56%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-2.56%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.10x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

7.18x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

0.71 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Thakkers Developers Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of THAKDEV across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Strong Operating Margins (35.20%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 22.77 vs Industry: 35.86)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Conservative Debt Levels (D/E: 0.10)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (7.18x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (71.31%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (4.41%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (5.49%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Profit Decline Concern (-77.08%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-54.42%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Weak Earnings Growth (-2.56% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-2.56% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Thakkers Developers Ltd vs Residential, Commercial Projects Peers

Peer Comparison - Residential, Commercial Projects

Compare Thakkers Developers Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
28/100
126
₹138.42
22.8
Average
4.41%
Poor
5.49%
Poor
0.1
Excellent
-2.56%
Poor
8.62%
Good
0.00%
DLF Ltd...
DLF532868
49.2/100
580
₹176317.23
45.7
Average
11.36%
Average
6.51%
Poor
0.0
Excellent
90.95%
Excellent
5.62%
Good
0.84%
31.7/100
1358
₹71505.13
93.4
Average
3.48%
Poor
7.66%
Poor
0.9
Good
4.12%
Average
-1.99%
Poor
0.11%
45.5/100
1714
₹63179.28
40.8
Average
8.98%
Poor
6.57%
Poor
0.9
Good
40.91%
Excellent
15.06%
Excellent
0.00%
62/100
1748
₹61866.27
57.8
Average
9.36%
Poor
10.75%
Average
0.5
Excellent
23.32%
Excellent
14.48%
Good
0.14%
54.3/100
1649
₹58897.53
26.4
Average
14.67%
Average
17.73%
Good
0.2
Excellent
25.94%
Excellent
18.76%
Excellent
0.49%
62.5/100
660
₹21966.91
27.6
Average
14.92%
Average
13.34%
Average
0.8
Good
36.56%
Excellent
14.03%
Good
0.28%
68.1/100
539
₹20611.94
41.8
Average
10.89%
Average
11.17%
Average
0.1
Excellent
73.92%
Excellent
49.46%
Excellent
0.13%
Sobha Ltd...
SOBHA532784
42.9/100
1385
₹16352.79
110.0
Average
2.68%
Poor
6.44%
Poor
0.2
Excellent
-19.57%
Poor
1.47%
Average
0.20%
39/100
820
₹15880.75
204.2
Average
14.72%
Average
5.42%
Poor
3.6
Poor
30.05%
Excellent
59.56%
Excellent
0.00%
0/100
58
₹10648.01
2.53%
Poor
3.19%
Poor
0.5
Excellent
-7.08%
Poor
-7.79%
Poor
0.00%

Thakkers Developers Ltd Quarterly Performance

Latest quarterly metrics for THAKDEV — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-54.42%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-77.08%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

8.62%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-2.56%

Compounded annual net profit growth over 5 years

Thakkers Developers Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for THAKDEV — calculated from daily price history

48RSI 14
Neutral — RSI 48

Momentum is balanced — neither overbought nor oversold.

SMA 50
121
▲ Price above SMA 50 — Short-term bullish
SMA 200
147
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
0K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Thakkers Developers Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Thakkers Developers Ltd (THAKDEV) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Thakkers Developers Ltd

About THAKDEV (Thakkers Developers Ltd)

Thakkers Developers Ltd is a pioneering force in India's real estate sector, rooted in a legacy of over six decades of unwavering commitment to quality and innovation. From its bas...e in Nashik, the company has grown to become a trusted name synonymous with creating exceptional living and working spaces. THAKDEV is not merely a construction firm; it is a creator of environments, carefully curating spaces that enhance the lives of those who inhabit them. They are dedicated to transforming landscapes and building communities through meticulous planning, sustainable practices, and a customer-centric approach. Their vision is to continually elevate the standards of real estate development, leaving an enduring positive impact on the nation's urban fabric. In the residential sphere, Thakkers Developers excels at crafting homes that seamlessly blend comfort, style, and functionality. Whether it's luxurious villas nestled amidst lush greenery or contemporary apartments designed for modern living, each project reflects a deep understanding of the needs and aspirations of homeowners. Their residential developments are thoughtfully designed to foster a sense of community, with ample green spaces, recreational facilities, and convenient amenities. THAKDEV believes that a home is more than just a structure; it's a sanctuary, a place where memories are made and lives are enriched. They strive to create living environments that offer unparalleled comfort, security, and a sense of belonging. On the commercial front, Thakkers Developers delivers innovative and sustainable spaces that empower businesses to thrive. Their portfolio includes state-of-the-art office buildings, retail complexes, and mixed-use developments, all designed to meet the evolving needs of the modern workplace. THAKDEV understands the importance of creating environments that foster productivity, collaboration, and creativity. Their commercial projects are strategically located, well-connected, and equipped with cutting-edge technology to support the growth and success of businesses. They are committed to building sustainable and eco-friendly commercial spaces that minimize environmental impact and contribute to a healthier future.

Company Details

Symbol:THAKDEV
Industry:Residential, Commercial Projects
Sector:Residential, Commercial Projects

Key Leadership

Mr. Jitendra Manohardas Thakker
Chairman of the Board
Mr. Narendra Manohardas Thakker
CEO & Executive Director
Mr. Rajendra Manohardas Thakker
MD & Executive Director

Corporate Events

Recent
Ex-Dividend Date

THAKDEV Share Price: Frequently Asked Questions

What is the current share price of Thakkers Developers Ltd?

Thakkers Developers Ltd (THAKDEV) trades at ₹125.50 on NSE and BSE. Market cap ₹138.42 (Cr). Educational data only.

What is the P/E ratio of Thakkers Developers Ltd?

Thakkers Developers Ltd has a P/E of 22.77x vs industry average 35.86x.

What is the Bull Run score for Thakkers Developers Ltd?

Thakkers Developers Ltd has a Bull Run score of 28/100 based on 25+ financial parameters.

Does Thakkers Developers Ltd pay dividends?

Thakkers Developers Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Thakkers Developers Ltd?

Thakkers Developers Ltd has ROE of 4.41%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Thakkers Developers Ltd?

Thakkers Developers Ltd has debt-to-equity of 0.10.

Is Thakkers Developers Ltd a good investment?

Bull Run gives Thakkers Developers Ltd a score of 28/100. This is not investment advice — consult a SEBI-registered advisor.