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Thinking Hats Entertainment Solutions

THESL NSE
₹11.45 +0.50 (+4.57%)
View as Markdown
MCP
Close 4 Nov 2026 ₹11.45 −21.55 −65.3% 1Y
Start ₹33.00

Key Fundamentals

SMEOther Consumer ServicesConsumer Services

Price-based figures as of · TTM

ROCE
6.09%
Debt to Equity
0.37
EPS (TTM)
—
Book Value
₹23.39
Market Cap
—
P/E (TTM)
—
P/B
0.49
ROE
4.37%
Dividend Yield
0.00%
EBITDA
₹2.80 Cr
52W High
₹33.60
52W Low
₹10.45
Day Range
₹11.30 – ₹11.45
Volume
9,000

Peer Comparison

Consumer Discretionary › Consumer Services › Event Management › Other Consumer Services

Thinking Hats Entertainment Solutions peer comparison
₹387.0537.32₹5,462 Cr2.111.86%13.90%13.70%₹17,037 Cr₹147 Cr
₹476.70—₹790 Cr1.040.03%26.10%29.60%——
₹227.7020.51₹486 Cr3.950.21%13.50%17.70%₹487 Cr₹23 Cr
₹184.00—₹241 Cr2.670.65%24.40%24.70%₹19 Cr−₹1 Cr
₹92.00—₹110 Cr1.600.00%24.80%34.50%——
₹42.21120.60₹69 Cr0.430.00%14.00%12.00%₹449 Cr₹1 Cr
₹57.00—₹66 Cr1.230.00%55.20%55.60%——
₹11.45—₹14 Cr0.490.00%4.37%6.09%——
Median 8 companies₹138.0037.32₹176 Cr1.420.02%19.20%21.20%₹468 Cr₹12 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

49 Average

Data confidence 81/100

Category scores

Quality
74
Strong
Returns, margins, earnings quality 22% weight
Valuation
73
Strong
Cheap vs sector & own history 24% weight
Growth
5
Poor
Sales & profit trajectory 9% weight
Financial Health
35
Poor
Solvency, leverage, coverage 9% weight
Momentum
14
Poor
Trend strength, vol-adjusted 12% weight
Ownership
34
Poor
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Stock is trading at 0.49 times its book value

Weaknesses

3
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -9.66%
  • Company has high debtors of 180 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1234
OscillatorsBullish234
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
36.51
Neutral
MACD (12,26,9)
−1.24
Bearish
SMA (50)
15.96
Bearish
SMA (200)
20.70
Bearish

As of

Growth Rate

From the financial statements below. 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
3Y+2.02%
1Y−50.66%

Net profit

Net profit growth by window
3Y−14.87%
1Y−66.21%

Operating cash flow

Operating cash flow growth by window
3Y+12.70%
1YTurned positive

Operating margin· change in pp

Operating margin growth by window
3Y−3.15 pp
1Y−1.12 pp

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2022₹11.60 Cr
Mar 2023₹22.15 Cr
Mar 2024₹26.63 Cr
Mar 2025₹47.67 Cr
Mar 2026₹23.52 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2022₹0.37 Cr
Mar 2023₹2.01 Cr
Mar 2024₹3.09 Cr
Mar 2025₹3.67 Cr
Mar 2026₹1.24 Cr

Half-yearly Results

₹ Cr
THESL half-yearly results, ₹ crore
Particulars Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales
6.22
20.41
8.65
39.02
8.36
15.16
Expenses
5.51
16.19
6.9
35.52
6.94
14.25
Operating Profit
0.71
4.22
1.75
3.5
1.42
0.91
OPM %
11.41%
20.68%
20.23%
8.97%
16.99%
6%
Other Income
0.03
0.03
0.11
0.62
0.14
0.38
Interest
0.2
0.32
0.26
0.27
0.35
0.43
Depreciation
0.08
0.09
0.07
0.15
0.2
0.24
PBT
0.46
3.84
1.53
3.7
1.01
0.62
Tax %
26.09%
28.91%
27.45%
30.81%
25.74%
17.74%
Net Profit
0.33
2.74
1.1
2.56
0.74
0.51
EPS (₹)
0.43
3.11
0.88
2.05
0.59
0.41

Profit & Loss

₹ Cr
THESL profit and loss, annual, ₹ crore
Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
11.6
22.15
26.63
47.67
23.52
Expenses
11.91
19.22
21.63
42.33
21.15
Operating Profit
−0.31
2.93
5
5.34
2.37
OPM %
−2.67%
13.23%
18.78%
11.2%
10.08%
Other Income
0.85
0.13
0.07
0.72
0.51
Interest
0
0.21
0.6
0.61
0.82
Depreciation
0.06
0.1
0.17
0.22
0.44
PBT
0.48
2.75
4.3
5.23
1.62
Tax %
20.83%
26.91%
28.14%
30.02%
23.46%
Net Profit
0.37
2.01
3.09
3.67
1.24
EPS (₹)
0.49
2.64
3.51
2.94
0.99
Div. Payout %
0%
0%
0%
0%
0%

Balance Sheet

₹ Cr
THESL balance sheet, annual, ₹ crore
Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.76
0.76
0.88
12.49
12.49
Reserves
2.96
4.97
10.12
15.48
16.72
Borrowings
0.3
4.14
5.39
12.51
10.82
Other Liabilities
2.39
4.7
7.75
9.12
7.62
Total Liabilities
6.41
14.57
24.14
49.6
47.65
Fixed Assets
0.52
1.66
1.58
2.01
2.97
CWIP
0
0
2.37
15.33
21.33
Investments
1.62
6.01
7.65
9.18
4.76
Other Assets
4.27
6.9
12.54
23.08
18.59
Total Assets
6.41
14.57
24.14
49.6
47.65

Cash Flow

₹ Cr
THESL cash flow, annual, ₹ crore
Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0.98
2.34
1.5
−1.52
3.35
Investing
−1.51
−5.62
−4.08
−18.75
0.59
Financing
0.27
3.07
2.9
19.9
−2.48
Net Cash Flow
−0.26
−0.21
0.32
−0.37
1.46
Free Cash Flow
0.87
1.09
1.41
−2.09
3.33
CFO/EBITDA
−323
105
42
−1
185

Ratios

THESL financial ratios, annual
Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
97.86
99.86
136
94.56
180
Inventory Days
0
0
0
0
0
Cash Conversion Cycle
97.86
99.86
136
94.56
180
Working Capital Days
29.89
−22.91
−4.93
0.92
−0.93
ROCE %
—
42.62%
37.32%
20.57%
6.09%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Thinking Hats Entertainment Solutions insights

54 extracted metrics across FY22–FY26.

Shareholding Pattern

As of Sep 2026

  • Promoters 47.13%
  • Public 40.88%
  • Others 11.99%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Thinking Hats Entertainment Solutions

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
Where is Thinking Hats Entertainment Solutions Ltd (THESL) listed?
Thinking Hats Entertainment Solutions Ltd trades as THESL on the NSE.
Which sector does Thinking Hats Entertainment Solutions Ltd belong to?
Thinking Hats Entertainment Solutions Ltd is classified under the Consumer Services sector, in the Event Management industry.
What is the 52-week high and low of Thinking Hats Entertainment Solutions Ltd?
Over the last 52 weeks Thinking Hats Entertainment Solutions Ltd has traded between ₹10.45 and ₹33.6 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Thinking Hats Entertainment Solutions Ltd?
Thinking Hats Entertainment Solutions Ltd reported a return on equity of 4.37%. Its debt-to-equity ratio is 0.37.

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

Website thes.in
Listed 3 Oct 2024
Face Value ₹10

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