Thinking Hats Entertainment Solutions Ltd
THESL NSE
Thinking Hats Entertainment Solutions Ltd
Consumer DiscretionaryNSE: THESL Other Consumer Services
Key Fundamentals
SMEEvent ManagementConsumer ServicesMarket Cap
₹15.36 Cr
Volatility
Low Risk
P/E Ratio
4.2
EBITDA
₹6.00 Cr
Debt to Equity
0.46
Book Value
₹22.4
52W High
₹43.5
52W Low
₹11.45
Technical Indicators
Key Insights
Strengths
2- Stock is trading at 0.53 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Weaknesses
1- Though the company is reporting repeated profits, it is not paying out dividend
Growth Rate
Revenue Growth
81.27% ↗
Net Income Growth
19.35% ↗
Cash Flow Change
-201.33% ↘
ROE
-53.36% ↘
ROCE
-54.25% ↘
EBITDA Margin (Avg.)
-34.57% ↘
Quarterly Results
| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Depreciation | 0.08 | 0.09 | 0.07 | 0.15 | 0.2 |
| EPS in Rs | 4.33 | 31.29 | 0.88 | 2.05 | 0.59 |
| Expenses | 5.51 | 16.19 | 6.9 | 35.52 | 6.94 |
| Interest | 0.2 | 0.32 | 0.26 | 0.27 | 0.35 |
| Net Profit | 0.33 | 2.74 | 1.1 | 2.56 | 0.74 |
| OPM % | 11.41% | 20.68% | 20.23% | 8.97% | 16.99% |
| Operating Profit | 0.71 | 4.22 | 1.75 | 3.5 | 1.42 |
| Other Income | 0.03 | 0.03 | 0.11 | 0.62 | 0.14 |
| PBT | 0.46 | 3.84 | 1.53 | 3.7 | 1.01 |
| Sales | 6.22 | 20.41 | 8.65 | 39.02 | 8.36 |
| Tax % | 26.09% | 28.91% | 27.45% | 30.81% | 25.74% |
Profit & Loss
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| Depreciation | 0.06 | 0.1 | 0.17 | 0.22 | 0.35 |
| Div. Payout % | 0% | 0% | 0% | 0% | — |
| EPS in Rs | 4.85 | 26.36 | 35.28 | 2.94 | 2.64 |
| Expenses | 11.91 | 19.22 | 21.63 | 42.32 | 42.46 |
| Interest | 0 | 0.21 | 0.6 | 0.62 | 0.62 |
| Net Profit | 0.37 | 2.01 | 3.09 | 3.67 | 3.3 |
| OPM % | -2.67% | 13.23% | 18.78% | 11.22% | 10.38% |
| Operating Profit | -0.31 | 2.93 | 5 | 5.35 | 4.92 |
| Other Income | 0.85 | 0.13 | 0.07 | 0.72 | 0.76 |
| PBT | 0.48 | 2.75 | 4.3 | 5.23 | 4.71 |
| Sales | 11.6 | 22.15 | 26.63 | 47.67 | 47.38 |
| Tax % | 20.83% | 26.91% | 28.14% | 30.02% | — |
Balance Sheet
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Borrowings | 0.3 | 4.14 | 5.39 | 12.51 | 10.74 |
| CWIP | 0 | 0 | 2.37 | 15.33 | 0.52 |
| Equity Capital | 0.76 | 0.76 | 0.88 | 12.49 | 12.49 |
| Fixed Assets | 0.52 | 1.66 | 1.58 | 2.01 | 22.94 |
| Investments | 1.62 | 6.01 | 7.65 | 9.18 | 7.68 |
| Other Assets | 4.27 | 6.9 | 12.54 | 23.08 | 14.73 |
| Other Liabilities | 2.39 | 4.7 | 7.75 | 9.12 | 6.42 |
| Reserves | 2.96 | 4.97 | 10.12 | 15.48 | 16.22 |
| Total Assets | 6.41 | 14.57 | 24.14 | 49.6 | 45.87 |
| Total Liabilities | 6.41 | 14.57 | 24.14 | 49.6 | 45.87 |
Cash Flow
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| CFO/OP | -323 | 105 | 42 | -1 |
| Financing | 0.27 | 3.07 | 2.9 | 19.9 |
| Investing | -1.51 | -5.62 | -4.08 | -18.75 |
| Operating | 0.98 | 2.34 | 1.5 | -1.52 |
| Free Cash Flow | 0.87 | 1.09 | 1.41 | -2.09 |
| Net Cash Flow | -0.26 | -0.21 | 0.32 | -0.37 |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Cash Conversion Cycle | 97.86 | 99.86 | 136 | 94.56 |
| Debtor Days | 97.86 | 99.86 | 136 | 94.56 |
| Inventory Days | 0 | 0 | 0 | 0 |
| ROCE % | — | 42.62% | 37.32% | 20.61% |
| Working Capital Days | 29.89 | -22.91 | -4.93 | 0.92 |
Documents
Financial Year 2025
from nse
from nse
Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 January 2026 - Regulation 74(5) certificate for quarter ended Dec 31, 2025 confirming dematerialisation compliance.
9 January 2026 - Regulation 74(5) certificate for quarter ended Dec 31, 2025 confirming dematerialisation compliance.
General Updates
9 January 2026 - Listed on NSE EMERGE; corporate governance provisions not applicable for quarter ended Dec 31, 2025.
9 January 2026 - Listed on NSE EMERGE; corporate governance provisions not applicable for quarter ended Dec 31, 2025.
Updates
31 March 2026 - Promoter Gaurav Singhania sold 624,300 shares (4.99%) off-market to promoter-group Sana Warsi on 30-Mar-2026.
31 March 2026 - Promoter Gaurav Singhania sold 624,300 shares (4.99%) off-market to promoter-group Sana Warsi on 30-Mar-2026.
Updates
28 November 2025 - Approved unaudited H1 results for Sep 30, 2025; appointed CFO Vijendra Prasad effective Nov 14, 2025.
28 November 2025 - Approved unaudited H1 results for Sep 30, 2025; appointed CFO Vijendra Prasad effective Nov 14, 2025.
Trading Window
23 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited FY/H1 results for March 31, 2026.
23 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited FY/H1 results for March 31, 2026.
Press Release
20 January 2026 - Announces Sonu Nigam 'Deewana Tera' concerts Feb 7 Indore, Feb 14 Lucknow
20 January 2026 - Announces Sonu Nigam 'Deewana Tera' concerts Feb 7 Indore, Feb 14 Lucknow
Appointment
14 November 2025 - Approved H1 unaudited results; appointed Mr. Vijendra Prasad as CFO effective November 14, 2025.
14 November 2025 - Approved H1 unaudited results; appointed Mr. Vijendra Prasad as CFO effective November 14, 2025.
Updates
1 April 2026 - Gaurav (1,203,700 shares, 9.64%) and Shruti request promoter-to-public reclassification; board to review.
1 April 2026 - Gaurav (1,203,700 shares, 9.64%) and Shruti request promoter-to-public reclassification; board to review.
Frequently Asked Questions about Thinking Hats Entertainment Solutions Ltd
What does Thinking Hats Entertainment Solutions Ltd do?
Incorporated in 2013, Thinking Hats Entertainment Solutions Ltd is in the
business of event management, visual
retail merchandise and Film, Music and
Content Development, Production and Distribution[1]
Where is Thinking Hats Entertainment Solutions Ltd (THESL) listed?
Thinking Hats Entertainment Solutions Ltd is listed on the Indian stock exchanges. It is listed on NSE: THESL. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Thinking Hats Entertainment Solutions Ltd belong to?
Thinking Hats Entertainment Solutions Ltd operates in the Consumer Discretionary sector within the Other Consumer Services industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Thinking Hats Entertainment Solutions Ltd?
Thinking Hats Entertainment Solutions Ltd has a market capitalisation of approximately ₹15.36 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Thinking Hats Entertainment Solutions Ltd?
The Price-to-Earnings (PE) ratio of Thinking Hats Entertainment Solutions Ltd is 4.20. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Thinking Hats Entertainment Solutions Ltd?
Over the past 52 weeks, Thinking Hats Entertainment Solutions Ltd has traded between a low of ₹11.45 and a high of ₹43.5. This range helps investors understand the stock's price volatility and recent trading levels.
How can I research Thinking Hats Entertainment Solutions Ltd on Tapetide?
On Tapetide, you can view Thinking Hats Entertainment Solutions Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2013, Thinking Hats Entertainment Solutions Ltd is in the business of event management, visual retail merchandise and Film, Music and Content Development, Production and Distribution[1]