---
title: "Thakkers Developers Ltd (526654) — Share Price, Financials & Analysis"
symbol: "526654"
company: "Thakkers Developers Ltd"
canonical: "https://tapetide.com/stocks/526654"
isin: "INE403F01017"
nse_symbol: "THAKDEV"
bse_code: "526654"
sector: "Realty"
industry: "Residential Commercial Projects"
market_cap_cr: 121.5
generated_at: "2026-09-13T19:59:43.064Z"
---

# Thakkers Developers Ltd (526654)

Canonical page: https://tapetide.com/stocks/526654

## Company

- **NSE Symbol:** THAKDEV
- **BSE Code:** 526654
- **ISIN:** INE403F01017
- **Sector:** Realty
- **Industry:** Residential Commercial Projects
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2026-04-20
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** thakkersdevelopers.com

## About

Incorporated in 1987, Thakkers Developers Ltd  is in the business of Real Estate & Construction activities[1]

## Latest Price

- **Price:** ₹128.15
- **Change:** -10.84 (-7.8%)
- **Open:** ₹130.65
- **Day High:** ₹139.8
- **Day Low:** ₹125.35
- **Previous Close:** ₹138.99
- **Volume:** 660
- **As Of:** 2026-09-11T09:59:22+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:45.025739Z.

- **Market Cap:** ₹121.5 Cr
- **Classification:** Microcap
- **P/E (reported):** 9
- **P/E (TTM):** 8.44
- **EPS (TTM):** ₹15.18
- **Book Value:** ₹184.82
- **Price to Book:** 0.74
- **Dividend Yield:** 0%
- **ROE:** 4.29%
- **ROCE:** 4.77%
- **Debt to Equity:** 0.11
- **Revenue (yearly):** ₹34.67 Cr
- **Net Income:** ₹5.39 Cr
- **EBITDA:** ₹3.66 Cr
- **52-Week High:** ₹163.01
- **52-Week Low:** ₹115.1
- **RSI (14):** 37.76

## Tapetide Score

- **Score:** 64 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 95.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 79.92 | 9% |
| growth | 70.1 | 9% |
| momentum | 83.06 | 12% |
| ownership | 50 | 24% |
| quality | 61.28 | 22% |
| valuation | 63.63 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.69 times its book value
- Company is expected to give good quarter

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.67% over past five years.
- Company has a low return on equity of 2.39% over last 3 years.
- Earnings include an other income of Rs.6.14 Cr.
- Debtor days have increased from 22.5 to 37.0 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -190.66% | -46.85% | -168.83% |
| ebitda margin growth | — | -70.67% | 50.17% | -85.77% |
| net income growth | 580.95% | -17.08% | -32% | -15% |
| revenue growth | 196.92% | -5.79% | -16% | 5% |
| roce | — | — | -50.67% | 8.33% |
| roe | -578.57% | -750% | 4.92% | -64.16% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 9 | 5 | 6 | 4 | 14 | 7 | 6 | 9 | 6 | 14 | 5 | 18 |
| Expenses | 8 | 5 | 8 | 4 | 12 | 7 | 2 | 8 | 8 | 10 | 6 | 9 |
| Operating Profit | 1 | 0 | -2 | 0 | 3 | 0 | 4 | 1 | -1 | 5 | -1 | 10 |
| OPM % | 7 | 10 | -26 | -6 | 19 | -1.4 | 61 | 14 | -20 | 34 | -23 | 52 |
| Other Income | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 1 | 3 | 1 | 2 | 1 |
| Interest | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Profit before tax | 0 | 0 | -2 | 0 | 3 | 0 | 5 | 1 | 1 | 5 | 0 | 10 |
| Tax % | 0 | -1050 | 1 | 0 | 0 | 50 | 23 | 0 | -2 | -1 | 5125 | 0 |
| Net Profit | 0 | 1 | -2 | 0 | 3 | 0 | 4 | 1 | 1 | 5 | -2 | 10 |
| EPS in Rs | 0.06 | 0.86 | -2.51 | -0.37 | 3.2 | 0.14 | 4.24 | 1.6 | 0.73 | 5.61 | -2.33 | 11.17 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 28 | 18 | 21 | 28 | 55 | 58 | 31 | 32 | 35 | 44 |
| Expenses | 25 | 15 | 16 | 17 | 21 | 37 | 30 | 26 | 31 | 32 |
| Operating Profit | 3 | 4 | 5 | 10 | 34 | 20 | 1 | 6 | 4 | 12 |
| OPM % | 10 | 20 | 22 | 38 | 62 | 35 | 2 | 19 | 11 | 27 |
| Other Income | 4 | 1 | 7 | 4 | 2 | 1 | 1 | 5 | 6 | 6 |
| Interest | 3 | 2 | 2 | 1 | 0 | 0 | 1 | 2 | 1 | 1 |
| Depreciation | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 2 | 1 | 8 | 13 | 35 | 20 | -2 | 8 | 7 | 16 |
| Tax % | 84 | -49 | 11 | 15 | 4 | 18 | -46 | 16 | 28 | — |
| Net Profit | 0 | 1 | 7 | 11 | 34 | 16 | -1 | 6 | 5 | 14 |
| EPS in Rs | 0.39 | 1.24 | 8.23 | 12.7 | 37.72 | 17.94 | -1.06 | 7.2 | 5.68 | 15.18 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 66 | 67 | 68 | 75 | 86 | 120 | 136 | 135 | 142 | 147 |
| Borrowings | 30 | 31 | 32 | 27 | 3 | 15 | 22 | 31 | 20 | 17 |
| Other Liabilities | 111 | 92 | 79 | 68 | 78 | 76 | 60 | 59 | 47 | 39 |
| Total Liabilities | 217 | 198 | 188 | 180 | 176 | 220 | 228 | 234 | 218 | 213 |
| Fixed Assets | 14 | 18 | 17 | 14 | 13 | 14 | 15 | 14 | 15 | 15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 11 | 5 | 6 | 7 | 4 | 16 | 9 | 30 | 4 | 7 |
| Other Assets | 191 | 175 | 165 | 158 | 160 | 191 | 204 | 190 | 198 | 191 |
| Total Assets | 217 | 198 | 188 | 180 | 176 | 220 | 228 | 234 | 218 | 213 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 27 | -3 | 6 | 1 | 20 | -3 | -10 | 15 | -14 | 3 |
| Cash from Investing Activity | -5 | 1 | -1 | 0 | 5 | -12 | 5 | -22 | 27 | 1 |
| Cash from Financing Activity | -21 | 1 | 0 | -6 | -23 | 12 | 6 | 7 | -14 | -3 |
| Net Cash Flow | 1 | -1 | 5 | -5 | 2 | -2 | 1 | 1 | 0 | 1 |
| Free Cash Flow | 24 | -6 | 5 | 1 | 21 | -6 | -13 | 13 | -16 | 2 |
| CFO/OP | 124 | -51 | 153 | 47 | 218 | 4 | -30 | 2356 | -209 | 133 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 28 | 108 | 28 | 7 | 57 | 29 | 56 | 21 | 9 | 37 |
| Inventory Days | — | — | — | — | — | — | 4139 | 5332 | — | 1695 |
| Days Payable | — | — | — | — | — | — | 43 | 53 | — | 2 |
| Cash Conversion Cycle | 28 | 108 | 28 | 7 | 57 | 29 | 4152 | 5300 | 9 | 1730 |
| Working Capital Days | 694 | 1070 | 1599 | 1459 | 1226 | 603 | 658 | 1177 | 1096 | 1283 |
| ROCE % | 22 | 5 | 3 | 9 | 13 | 29 | 13 | 0 | 5 | 5 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% | 71.31% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 7.31% | 7.33% | 7.19% | 7.23% | 7.31% | 7.27% | 7.26% | 7.24% | 7.14% | 7.03% | 6.93% | 7% |
| Others | 21.38% | 21.35% | 21.5% | 21.46% | 21.37% | 21.42% | 21.42% | 21.45% | 21.55% | 21.66% | 21.75% | 21.68% |
| No. of Shareholders | 1337 | 1327 | 1465 | 1387 | 1318 | 1376 | 1351 | 1399 | 1417 | 1382 | 1387 | 1377 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 142.47 | Sell |
| EMA (10) | 140.94 | Sell |
| SMA (20) | 145.89 | Sell |
| EMA (20) | 143.1 | Sell |
| SMA (50) | 141.91 | Sell |
| EMA (50) | 141.48 | Sell |
| SMA (100) | 132.93 | Sell |
| EMA (100) | 138.51 | Sell |
| SMA (200) | 136.3 | Sell |
| EMA (200) | 141.83 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.41 | Neutral |
| MACD (12,26,9) | -1.59 | Sell |
| Stochastic (14,3,3) | 15.3 | Buy |
| ADX (14) | 14.65 | Neutral |
| Williams %R (14) | -90.36 | Buy |
| ATR (14) | 9.81 | High Volatility |
| ROC (12) | -10.67 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 53.92 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e6160f5-4243-4421-93c7-5cf0741493eb.pdf) |
| 2026-09-07 | [Annual General Meeting Be Held On Wednesday 30Th September 2026 At 12.00 Noon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=adb5db03-0523-4b6a-a23f-0a80f6f2df75.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69395c9c-d59d-4738-b7f4-b8859d11418f.pdf) |
| 2026-09-07 | [Intimation About Book Closure Dates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c1cdbff-b4a6-4c91-ac53-b2f7aa490aad.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held Today On August 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c524f5b6-2e9d-4ddf-8826-d437e309a017.pdf) |
| 2026-08-06 | [Board Meeting Intimation for Intimation Of The Board Meeting To Be Held On Friday August 14 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81d6e328-70d3-46e5-b626-54ba346de7f3.pdf) |
| 2026-07-06 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7eafe86b-2b5d-4ba9-8f8e-d0ab697f8fec.pdf) |
| 2026-06-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42bdb061-d2af-443c-9231-159cd23ea3b1.pdf) |
| 2026-05-29 | [Board Meeting Outcome for Regulation 30 & 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 -Audited Standalone And Consolidated Financial Statements For The Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7363f8f-9c73-4e2a-939b-237ea799b509.pdf) |
| 2026-05-29 | [Declaration With Respect To Audit Report With Unmodified Opinion To The Audited Standalone & Consolidated Financial Results For The Financial Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ca376b4-eb34-457c-ac81-67b40be6e011.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Un-Audited Standalone & Consolidated Financial Results For The Quarter Ended June 30 2026 Along With The Limited Review Report Of The Auditors Thereon.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=220025e0-8485-4842-855c-9f2928ab2e67.pdf) |
| 2026-05-29 | [Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 -Audited Standalone And Consolidated Financial Statements For The Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff09c9e7-59a0-47f7-ac5a-edf0e72f0e68.pdf) |
| 2026-02-14 | [The Unaudited Financial Results For The Quarter Ended December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b4e29aa6-7102-4161-ba39-f4e3477eb193.pdf) |
| 2025-11-14 | [Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (LODR-2015) - Unaudited Standalone And Consolidated Financial Statements For The Quarter Ended 30Th September 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b797d962-29d3-4b3d-ab39-07b698a6061d.pdf) |
| 2025-08-12 | [Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (LODR-2015) - Unaudited Standalone And Consolidated Financial Statements For The Quarter Ended 30Th June 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36853f0c-60fd-4161-a55c-7b476aa721cf.pdf) |
| 2025-05-29 | [Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (LODR-2015) - Audited Standalone And Consolidated Financial Statements For The Year Ended 31St March 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1dae5a3a-0d0b-4e2c-873d-63b63331eed5.pdf) |
| 2025-02-14 | [Outcome Of Board Meeting Held On 14Th February 2025 For Consideration And Approval Of Limited Review Report And Unaudited Financial Statement For The Quarter Ended December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4775a67-96a4-457a-8200-b601da250e80.pdf) |
| 2024-11-14 | [Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (LODR-2015) - Unaudited Standalone And Consolidated Financial Statements For The Quarter Ended 30Th September, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb46659a-9ee0-4c3d-9a63-7e954ded140a.pdf) |
| 2024-08-14 | [Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (LODR-2015) - Unaudited Standalone And Consolidated Financial Statements For The Quarter Ended 30Th June, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=105c337c-9863-4755-85c1-180ec75b3590.pdf) |
| 2024-05-30 | [Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (LODR-2015) - Audited Standalone And Consolidated Financial Statements For The Year Ended 31St March, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c9dc37a-c22b-42c2-976d-c5338d9d9153.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Board meeting on 13 Feb 2026 to approve Q3/9M unaudited results; trading window closed Jan 1 until 48 hours post-results. | [Board Meeting Intimation for Consider And Approve The Standalone Unaudited Financial Results Of The Company Along With Other Reports For The Quarter And Nine Months Ended 31St December 2025. 6 Feb - Board meeting on 13 Feb 2026 to approve Q3/9M unaudited results; trading window closed Jan 1 until 48 hours post-results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d200abf-b4d0-4d81-8c3a-b8b322907ba3.pdf) |
| 6 Apr - Regulation 74(5) certificate for Jan-March 2026 dematerialisation submitted, with two share certificates listed. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Regulation 74(5) certificate for Jan-March 2026 dematerialisation submitted, with two share certificates listed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1d2601a-2aa4-4af9-bd42-9474fa8a271d.pdf) |
| 5 Feb - Board meeting Feb 14, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed. | [Board Meeting Intimation for Intimation Of The Board Meeting For The Quarter Ended December 31, 2025. 5 Feb - Board meeting Feb 14, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3976054-a97a-470d-8a3f-67364f1792c4.pdf) |
| 3 Jan - Reg.74(5) certificate for quarter ended 31/12/2025; 100 shares dematerialised on 13/12/2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Jan - Reg.74(5) certificate for quarter ended 31/12/2025; 100 shares dematerialised on 13/12/2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac0d76e2-48c2-48a5-b5a0-48572df00cdd.pdf) |
| 27 Apr - Thakkers Developers says it is not a Large Corporate; outstanding borrowings were Rs 15.13 crore as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 27 Apr - Thakkers Developers says it is not a Large Corporate; outstanding borrowings were Rs 15.13 crore as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd6545be-0f01-4fe8-b4b1-9e4490aab6f2.pdf) |
| 27 Apr - Annual Secretarial Compliance Report for FY2026 filed; no material non-compliances reported. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 27 Apr - Annual Secretarial Compliance Report for FY2026 filed; no material non-compliances reported.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2dc8627-66ab-4c22-aaaa-db5a84e34341.pdf) |
| 26 Mar - Resignation of Poonam Rajendra Thakker; Vidhi Narendra Thakker appointed Whole-Time Director effective March 26, 2026. | [Announcement under Regulation 30 (LODR)-Change in Directorate 26 Mar - Resignation of Poonam Rajendra Thakker; Vidhi Narendra Thakker appointed Whole-Time Director effective March 26, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d79907e7-1b41-435a-bfc6-6469f5575298.pdf) |
| 26 Mar - Resignation of Poonam R. Thakker; Vidhi N. Thakker appointed Whole-Time Woman Director effective March 26, 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 26 Mar - Resignation of Poonam R. Thakker; Vidhi N. Thakker appointed Whole-Time Woman Director effective March 26, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a4db9096-a651-4cfe-acf9-590693d4fc99.pdf) |
| 26 Mar - Resignation of Poonam R. Thakker; Vidhi N. Thakker appointed whole-time Woman Director effective March 26, 2026, five-year term. | [Announcement under Regulation 30 (LODR)-Cessation 26 Mar - Resignation of Poonam R. Thakker; Vidhi N. Thakker appointed whole-time Woman Director effective March 26, 2026, five-year term.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/442c33cd-7cb3-4ba9-a481-757c718c3893.pdf) |
| 26 Mar - Poonam Rajendra Thakker resigned; Vidhi Narendra Thakker appointed Whole‑Time Director effective March 26, 2026, five-year term. | [Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held Today I.E., March 26, 2026. 26 Mar - Poonam Rajendra Thakker resigned; Vidhi Narendra Thakker appointed Whole‑Time Director effective March 26, 2026, five-year term.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/977938bc-b1c7-45b7-a0ed-b2f132f0d066.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from web | [Annual Report 2021 from web](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87e24551-0f35-48d1-83ad-d087ad5b3b29.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/091ab949-76ba-4421-ab33-dcf9f17c2198.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/655cab14-87a3-4beb-9f60-769eaefbfc3a.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd2bc280-8c2b-42f5-9887-541fe9258f6f.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9583ac5-3894-440b-be9b-0973be059283.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a487b854-1535-4cab-818b-73a2ba3378dc.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f4c318a2-0861-4e5b-81d8-0fabe7f5ff1a.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/520081/75737520081.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526654/76909526654.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/520081/71408520081.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:59:43.064Z.