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Last Updated: 10 Mar 2026, 03:23:34 PM (IST)

Thakkers Developers Limited

BSE: THAKDEV

BSE
119.50 1.50 (1.27%)

Prev Close

118

Open Price

124

Volume

301

Today Low / High

114.5 / 124

52 WK Low / High

114.5 / 222.75

Range

114 - 125

The stock is currently available for trading on the Bombay Stock Exchange (BSE). Its price is 119.5, reflecting a change of 1.5 (1.27119%). The expected target range on the BSE is 114 - 125. The stock is showing an upward trend on the BSE, making it an appealing option for investors looking for growth in their portfolio.

Thakkers Developers Limited Graph

Thakkers Developers Limited Price Target Predictions: Bullish vs. Bearish Scenarios with Ranges

If you are looking for the target price for Thakkers Developers Limited T1, T2, T3 for both Bullish and Bearish scenarios, here it is. For Bullish: T1, T2, T3. For Bearish: T1, T2, T3. The stock current price is 119.50, with potential price targets ranging from T1, T2, and T3 in both directions based on market conditions.

Scenario Price Target Range
Bullish Scenario 119.50 120.70 108.63 - 132.76
121.89 97.51 - 146.27
123.09 86.16 - 160.01
Bearish Scenario 119.50 118.31 106.47 - 130.14
117.11 93.69 - 140.53
115.92 81.14 - 150.69

Overview of Thakkers Developers Limited

ISIN

INE403F01017

Industry

Real Estate - Development

Vol.Avg

440

Market Cap

1,144,800,000

Last Dividend

0

Official Website

Visit Website

IPO Date

2002-08-07

DCF Diff

90.64

DCF

37

Financial Ratios Every Investor Needs

Stock Dividend of THAKDEV

Date Label Adj Dividend Dividend Record Date Payment Date Declaration Date
2013-09-17 September 17, 13 1.4 1.4
2012-09-07 September 07, 12 1.3 1.3
2011-09-08 September 08, 11 1.2 1.2
2008-09-15 September 15, 08 1.1 1.1
2007-09-26 September 26, 07 0.5 1

Stock Rating Details for THAKDEV

Metric Value Recommendation
Overall Rating A Buy
DCF Score 3 Neutral
ROE Score 3 Neutral
ROA Score 5 Strong Buy
Debt-to-Equity (DE) Score 5 Strong Buy
Price-to-Earnings (PE) Score 3 Neutral
Price-to-Book (PB) Score 3 Neutral

Annual Financial Income Report

Date Revenue Co.Rev GP GPR R&D Expenses G&A Expenses Operating Income Net Income EPS EBITDA NIR
2025-03-31 31.59 Cr 14.85 Cr 16.74 Cr 0.5299 0.00 Cr 0.00 Cr 4.30 Cr 6.48 Cr 7.22 11.24 Cr 0.2050
2024-03-31 30.81 Cr 18.53 Cr 12.28 Cr 0.3985 0.00 Cr 3.10 Cr -1.37 Cr -0.95 Cr -1.05 1.92 Cr -0.0308
2023-03-31 46.01 Cr 25.84 Cr 20.17 Cr 0.4384 0.00 Cr 3.33 Cr 18.99 Cr 16.15 Cr 17.94 21.72 Cr 0.3509
2022-03-31 29.91 Cr 14.63 Cr 15.27 Cr 0.5107 0.04 Cr 3.00 Cr 33.20 Cr 33.95 Cr 37.72 36.59 Cr 1.1352
2021-03-31 26.82 Cr 11.84 Cr 14.98 Cr 0.5587 0.00 Cr 2.08 Cr 9.66 Cr 11.43 Cr 12.70 14.66 Cr 0.4263

Annual Financials Balance Sheet

Date C&C Equ. Tot. Assets Tot. Liab. Stock. Equity Tot. Debt Net Debt Inv. PP&E (Net) Curr. Def. Rev. Non-Curr. Def. Rev. LT Invest. Curr. Liab.
2025-03-31 1.39 Cr 218.07 Cr 67.04 Cr 151.0273 Cr 18.13 Cr 16.73 Cr 103.71 Cr 6.77 Cr 0.00 Cr 0.00 Cr 15.02 Cr 11.2845 Cr
2024-03-31 1.64 Cr 234.49 Cr 90.00 Cr 144.4903 Cr 31.35 Cr 29.71 Cr 104.74 Cr 58.10 Cr 0.00 Cr 16.99 Cr 15.13 Cr 29.9499 Cr
2023-03-31 2.32 Cr 227.90 Cr 82.71 Cr 145.1856 Cr 22.32 Cr 20.00 Cr 112.04 Cr 7.13 Cr 5.91 Cr 21.45 Cr -4.86 Cr 20.6418 Cr
2022-03-31 1.17 Cr 220.40 Cr 91.15 Cr 129.2448 Cr 15.22 Cr 14.06 Cr 121.74 Cr 5.74 Cr 0.00 Cr 20.74 Cr -11.64 Cr 20.6763 Cr
2021-03-31 3.20 Cr 176.24 Cr 80.77 Cr 95.4689 Cr 2.64 Cr -0.56 Cr 104.28 Cr 3.29 Cr 21.43 Cr 18.61 Cr 0.88 Cr 30.6732 Cr

Annual Financials Cash Flow Statement

Date Operating Cash Investing Cash Financing Cash Free Cash Cash Change Cash at End CapEx Income Debt Repay Dividends Inventory
2025-03-31 -13.9788 Cr 27.4444 Cr -13.7105 Cr -15.7751 Cr -0.2449 Cr 1.3939 Cr -1.7963 Cr 7.7449 Cr -11.9922 Cr 0.0000 Cr 0.6026 Cr
2024-03-31 14.2026 Cr -22.2473 Cr 7.3420 Cr 12.2063 Cr -0.7025 Cr 2.9207 Cr -1.9963 Cr -1.7615 Cr 8.7141 Cr 0.0000 Cr 7.7265 Cr
2023-03-31 -9.5226 Cr 4.7074 Cr 5.8589 Cr -12.5772 Cr 1.0437 Cr 3.6232 Cr -3.0546 Cr 19.6917 Cr 6.1995 Cr 0.0000 Cr 9.7038 Cr
2022-03-31 -2.6534 Cr -11.5333 Cr 12.4018 Cr -6.3170 Cr -1.7849 Cr 2.5795 Cr -3.6636 Cr 35.4413 Cr 12.5631 Cr 0.0000 Cr -20.1999 Cr
2021-03-31 20.3118 Cr 5.1500 Cr -23.0964 Cr 20.1591 Cr 2.3654 Cr 4.3644 Cr -0.1526 Cr 13.2951 Cr -22.5588 Cr 0.0000 Cr -5.8257 Cr

Quarterly Financial Income Report

Date Revenue Co.Rev GP GPR Operating Income Net Income EPS EBITDA NIR
2025-12-31 14.39 Cr 8.81 Cr 5.59 Cr 0.3880 4.36 Cr 5.05 Cr 5.61 4.85 Cr 0.3505
2025-09-30 6.50 Cr 4.86 Cr 1.65 Cr 0.2535 -1.79 Cr 0.66 Cr 0.73 1.31 Cr 0.1014
2025-06-30 8.99 Cr 5.04 Cr 3.94 Cr 0.4387 0.81 Cr 1.44 Cr 1.61 2.07 Cr 0.1607
2025-03-31 6.18 Cr -0.66 Cr 6.84 Cr 1.1063 3.28 Cr 3.82 Cr 4.23 5.75 Cr 0.6187
2024-12-31 7.05 Cr 4.40 Cr 2.66 Cr 0.3768 -0.55 Cr 0.13 Cr 0.14 1.16 Cr 0.0178

Quarterly Financials Balance Sheet

Date Cash & Equiv. Short-Term Inv. Cash & Short-Term Net Receivables Inventory Total Curr. Assets PP&E (Net) Total Assets Total Liabilities
2025-12-31 2.81 Cr 4.30 Cr 7.11 Cr 0.36 Cr 91.71 Cr 126.05 Cr 6.24 Cr 214.33 Cr 56.12 Cr
2025-09-30 0.83 Cr 5.37 Cr 6.20 Cr 0.72 Cr 97.83 Cr 128.62 Cr 6.72 Cr 216.71 Cr 63.58 Cr
2025-06-30 2.18 Cr 0.83 Cr 3.01 Cr 1.31 Cr 101.17 Cr 121.35 Cr 6.34 Cr 216.01 Cr 63.54 Cr
2025-03-31 1.39 Cr 1.82 Cr 3.37 Cr 0.82 Cr 103.71 Cr 117.77 Cr 6.77 Cr 218.07 Cr 67.04 Cr
2024-12-31 1.18 Cr 4.47 Cr 5.66 Cr 1.57 Cr 109.01 Cr 145.79 Cr 5.60 Cr 239.99 Cr 92.82 Cr

Quarterly Financials Cash Flow Statement

Date Net Income Operating Cash Flow Investing Cash Flow Financing Cash Flow Net Cash Change Cash at End Cash at Beginning CapEx Free Cash Flow
2025-12-31 5.05 Cr 1.59 Cr -0.83 Cr 1.22 Cr 0.23 Cr 2.81 Cr 2.58 Cr -0.02 Cr 1.57 Cr
2025-09-30 0.65 Cr 4.87 Cr -1.04 Cr -3.66 Cr 0.16 Cr 0.83 Cr 0.67 Cr -0.84 Cr 4.02 Cr
2025-06-30 1.45 Cr -4.67 Cr 3.22 Cr 0.72 Cr -0.72 Cr 0.67 Cr 1.39 Cr -0.03 Cr -4.70 Cr
2025-03-31 4.95 Cr 12.11 Cr 0.52 Cr -12.60 Cr 0.37 Cr 1.39 Cr 2.65 Cr -1.63 Cr 9.94 Cr
2024-12-31 0.24 Cr 1.74 Cr -0.82 Cr -1.15 Cr -0.23 Cr 2.65 Cr 2.87 Cr -0.05 Cr 1.69 Cr

Splits History

Date Label Split Ratio
2008-08-06 August 06, 08 2:1

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Key Executives

Head of Marketing & Chief Marketing Officer
Kiran Karad

Gender: Not Specified

Year Born:

Chairman of the Board
Jitendra Manohardas Thakker

Gender: male

Year Born: 1957

Chief Executive Officer & Executive Director
Narendra Manohardas Thakker

Gender: male

Year Born: 1962

Corporate Head
Nishant Rajendra Thakker

Gender: male

Year Born: 1980

MD & Executive Director
Rajendra Manohardas Thakker

Gender: male

Year Born: 1958

Chief Financial Officer
Rajendra Rambhau Bunage

Gender: male

Year Born: 1969

Company Secretary & Compliance Officer
Shruti Amit Pekam

Gender: female

Year Born:

Legal Head
Vidhi Thakker Shah

Gender: female

Year Born:

Accounts Head
Ashish N. Kakkad

Gender: Not Specified

Year Born: 1971

Chief Operating Officer
Abhijit Dwarkanath Thakur

Gender: Not Specified

Year Born: 1975

FAQs about Thakkers Developers Limited

Who is the CEO of the company?

The CEO is Narendra Manohardas Thakker.

What is the current market price of the stock?

The current price is ₹127.20.

What is the 52-week price range?

The range is ₹121-222.75.

What is the market capitalization of the company?

The market capitalization is ₹114.48 crores.

What is the Price-to-Earnings (P/E) ratio?

The P/E ratio is 10.43.

Which sector does the company belong to?

The company operates in the Real Estate sector.

What does the company do?

Overview of Thakkers Developers Limited (ISIN: INE403F01017) is a leading Real Estate - Development in India. With a market capitalization of ₹114.48 crores and an average daily volume of 440 shares, it operates in the Real Estate - Development. The company last declared a dividend of ₹0.