Thakral Services
Thakral Services
Capital GoodsKey Fundamentals
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Key Insights
Weaknesses
2- The company has delivered a poor sales growth of -46.3% over past five years.
- Company has high debtors of 153 days.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | 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 | 5.53 | 11.76 | 3.98 | 3.25 | 0.27 | 0.07 | 0.09 | 0.09 | 0.14 | 0.16 | 0.11 | 0.33 | 0.17 |
| Expenses | 8.57 | 11.74 | 4.01 | 3.74 | 0.47 | 0.27 | 0.27 | 0.27 | 0.23 | 0.36 | 0.24 | 0.3 | 0.31 |
| Operating Profit | -3.04 | 0.02 | -0.03 | -0.49 | -0.2 | -0.2 | -0.18 | -0.18 | -0.09 | -0.2 | -0.13 | 0.03 | -0.14 |
| OPM % | -54.97% | 0.17% | -0.75% | -15.08% | -74.07% | -285.71% | -200% | -200% | -64.29% | -125% | -118.18% | 9.09% | -82.35% |
| Other Income | 0.1 | 0.17 | 0.05 | 0.11 | 0.1 | 0.05 | 0.18 | 0.18 | 0.01 | 0.09 | 0.16 | 0.09 | 0.13 |
| Interest | 0.03 | 0.04 | 0 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.18 | 0.18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -3.15 | -0.03 | 0.02 | -0.37 | -0.1 | -0.15 | 0 | 0 | -0.08 | -0.11 | 0.03 | 0.12 | -0.01 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | — | — | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -3.15 | -0.02 | 0.02 | -0.37 | -0.1 | -0.15 | 0 | 0 | -0.08 | -0.11 | 0.03 | 0.12 | -0.01 |
| EPS in Rs | -2.68 | -0.02 | 0.02 | -0.32 | -0.09 | -0.13 | 0 | 0 | -0.07 | -0.09 | 0.03 | 0.1 | -0.01 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 29.33 | 18.31 | 24.12 | 19.53 | 20.92 | 23.3 | 16.59 | 16.59 | 18.44 | 24.53 | 0.51 | 0.74 | 0.77 |
| Expenses | 31.51 | 20.16 | 22.57 | 19.55 | 20.06 | 22.44 | 18.21 | 18.98 | 21.2 | 28.05 | 1.27 | 1.12 | 1.21 |
| Operating Profit | -2.18 | -1.85 | 1.55 | -0.02 | 0.86 | 0.86 | -1.62 | -2.39 | -2.76 | -3.52 | -0.76 | -0.38 | -0.44 |
| OPM % | -7.43% | -10.1% | 6.43% | -0.1% | 4.11% | 3.69% | -9.76% | -14.41% | -14.97% | -14.35% | -149.02% | -51.35% | -57.14% |
| Other Income | 0.22 | 0.1 | 0.08 | 0.64 | 0.47 | 0.53 | 0.57 | 0.22 | 0.38 | 0.43 | 0.51 | 0.35 | 0.47 |
| Interest | 1.13 | 0.95 | 0.85 | 0.79 | 0.76 | 0.76 | 0.56 | 0 | 0.17 | 0.07 | 0 | 0 | 0 |
| Depreciation | 0.57 | 0.46 | 0.47 | 0.34 | 0.28 | 0.26 | 0.25 | 0.18 | 0.72 | 0.36 | 0 | 0 | 0 |
| PBT | -3.66 | -3.16 | 0.31 | -0.51 | 0.29 | 0.37 | -1.86 | -2.35 | -3.27 | -3.52 | -0.25 | -0.03 | 0.03 |
| Tax % | -7.38% | 9.49% | -167.74% | 113.73% | 27.59% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
| Net Profit | -3.39 | -3.46 | 0.83 | -1.1 | 0.21 | 0.37 | -1.87 | -2.35 | -3.27 | -3.51 | -0.25 | -0.03 | 0.03 |
| EPS in Rs | -2.89 | -2.95 | 0.71 | -0.94 | 0.18 | 0.32 | -1.59 | -2 | -2.79 | -2.99 | -0.21 | -0.03 | 0.03 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.52 | 3.52 | 3.52 | 3.52 | 3.52 | 3.52 | 3.52 | 3.52 | 3.52 | 3.52 | 3.52 | 3.52 |
| Reserves | 1.65 | -1.81 | -0.97 | -2.13 | -1.88 | -1.51 | -3.33 | -5.58 | -8.84 | -12.42 | -12.68 | -12.73 |
| Borrowings | 12.18 | 10.75 | 6.23 | 5.68 | 3.49 | 2.58 | 8.98 | 10.95 | 14.14 | 7.82 | 8.34 | 8.11 |
| Other Liabilities | 10.01 | 8.55 | 12.99 | 12.2 | 12.29 | 15.45 | 7.87 | 8.72 | 7.66 | 6.01 | 2.56 | 2.29 |
| Total Liabilities | 27.36 | 21.01 | 21.77 | 19.27 | 17.42 | 20.04 | 17.04 | 17.61 | 16.48 | 4.93 | 1.74 | 1.19 |
| Fixed Assets | 1.3 | 1.06 | 1 | 0.92 | 0.69 | 0.51 | 0.42 | 0.25 | 1.35 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.02 | 0.03 | 0.03 | 0.04 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0 | 0 |
| Other Assets | 26.04 | 19.92 | 20.74 | 18.31 | 16.71 | 19.52 | 16.61 | 17.35 | 15.12 | 4.9 | 1.74 | 1.19 |
| Total Assets | 27.36 | 21.01 | 21.77 | 19.27 | 17.42 | 20.04 | 17.04 | 17.61 | 16.48 | 4.93 | 1.74 | 1.19 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -0.12 | 2.48 | -1.59 | 2.67 | 2.88 | 2.61 | -0.21 | -1.95 | -0.23 | 4.15 | -0.36 | -0.1 |
| Investing | 0.14 | -0.23 | -0.37 | -0.16 | -0.07 | -0.05 | -0.19 | 0.03 | -0.08 | 0.25 | 0.03 | 0 |
| Financing | -0.9 | -2.31 | 2.12 | -2.29 | -3.12 | -1.5 | -0.57 | 1.97 | 1.38 | -5.49 | 0.52 | -0.22 |
| Net Cash Flow | -0.88 | -0.05 | 0.16 | 0.21 | -0.31 | 1.05 | -0.97 | 0.05 | 1.07 | -1.09 | 0.18 | -0.32 |
| Free Cash Flow | 0.02 | 2.23 | -2 | 2.37 | 2.82 | 2.53 | -0.36 | -1.96 | -0.33 | 4.33 | -0.36 | -0.1 |
| CFO/OP | -8 | -139 | -219 | -13,650 | 379 | 322 | -1 | 69 | 38 | -116 | 79 | 26 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 229 | 268 | 236 | 260 | 212 | 188 | 223 | 215 | 151 | 57.44 | 42.94 | 153 |
| Inventory Days | 37.77 | 52.95 | 41.67 | 44.13 | 42.77 | 100 | 97.17 | 116 | 99.85 | 0 | 0 | — |
| Days Payable | 98.5 | 110 | 39.31 | 81.4 | 83.84 | 92.89 | 138 | 163 | 138 | — | — | — |
| Cash Conversion Cycle | 169 | 210 | 238 | 223 | 171 | 195 | 182 | 168 | 112 | 57.44 | 42.94 | 153 |
| Working Capital Days | 84.87 | 85.12 | 95.79 | 101 | 70.66 | 43.55 | 182 | 179 | 104 | -22.02 | -1,023 | -681 |
| ROCE % | -13.27% | -14.83% | 10.92% | 3.53% | 17.21% | 23.25% | -18.9% | -26.02% | -35.01% | -89.15% | — | — |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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60 extracted metrics + investor summaries across FY10–FY26.
Documents
Frequently Asked Questions about Thakral Services
What does Thakral Services (India) Ltd do?
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Company Information
Incorporated in 1983, Thakral Services (India) Ltd is in the business of sale of security equipment and maintenance.[1]
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