As of 6 Nov 2026, Thakral Services (India) trades at 443.7× trailing earnings, and the shares are 27% below their 52-week high. Sales fell 76% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹8.11 Cr. It is a small-cap company with a market cap of ₹16 Cr; the shares fell 15% over the past year.
- ₹12.82
- ₹13.31
- ₹12.82
- ₹12.70
- 23
Health check
- ReturnsWeak
−15.4% over the past year.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- GrowthShrinking
Sales −76.2% a year over 3 years.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags2 to check
Negative net worth: liabilities exceed assets.
Small cap
Defensive
Key metrics
- Market cap
- ₹16 Cr
- Small cap
- P/E
- 443.7
- Price to book
- −1.78
- Book value ₹−7.49
- Dividend yield
- 0.00%
- ROE
- n/a
- Return on equity
- ROCE
- n/a
- Return on capital employed
- Debt to equity
- n/a
- Debt ₹8.11 Cr
- EPS (TTM)
- ₹0.03
- OPM (TTM)
- −56.6%
- Net margin 4.0%
- Sales growth
- +15.7%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 20.47
Strengths and risks
Strengths
- Quarterly sales up 15.7% on a year ago.
Risks to check
- Negative net worth: liabilities exceed assets.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
About Thakral Services (India)
Thakral Services (India) Limited provides electronic security solutions, including CCTV, access control, fire detection, alarms, and intrusion alarms in India. The company offers surveillance systems, which comprise analog cameras, such as dome, box, speed dome, infra-red, and pinhole cameras, as well as digital video recorders. It also offers fire alarm systems, as well as its components, such as control panels, initiators, and indicating/notifying…
- Headquarters
- Bengaluru
- Sector
- Industrials
- ISIN
- INE190F01028
- Website
- thakral-india.co.in
Price range
- Avg volume (3M)
- 1.1K
- 1-year return
- minus 15.4%
- From 52-week high
- minus 27.3%
Peers
We couldn’t find listed peers for this company.
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.1 | 0.2 | 0.1 | 0.3 | 0.2 | |
| 0.2 | 0.4 | 0.2 | 0.3 | 0.3 | |
| −0.1 | −0.2 | −0.1 | 0 | −0.1 | |
| −60.4% | −123.9% | −118.1% | 11.4% | −84.7% | |
| 0 | 0.1 | 0.2 | 0.1 | 0.1 | |
| −0.1 | −0.1 | 0 | 0.1 | −0 | |
| −0.1 | −0.1 | 0 | 0.1 | −0 | |
| -0.06 | -0.09 | 0.03 | 0.10 | -0.01 |
Profit & loss
- Sales CAGR 3Y
- −76.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14.1 | 24.5 | 0.2 | 0.2 | |
| – | +73.8% | minus 99.1% | minus 14.5% | |
| 16.6 | 22.8 | 0.6 | 0.4 | |
| −2.5 | 1.7 | −0.4 | −0.2 | |
| −17.4% | 7.0% | −190.5% | −98.5% | |
| 0.1 | 0.2 | 0.3 | 0.2 | |
| 0.2 | 0.1 | – | – | |
| 0.7 | 0.4 | – | – | |
| −0 | −5 | −0.1 | −0 | |
| −3.3 | −3.5 | −0.3 | −0 | |
| −3.3 | −3.5 | −0.3 | −0 | |
| -2.78 | -2.99 | -0.22 | -0.03 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.5 | 3.5 | 3.5 | 3.5 | |
| −8.8 | −12.4 | −12.7 | −12.7 | |
| 14.1 | 7.8 | 8.3 | 8.1 | |
| 7.7 | 6 | 2.6 | 2.3 | |
| 16.5 | 4.9 | 1.7 | 1.2 | |
| 1.3 | – | – | – | |
| 0 | 0 | 0 | 0 | |
| 1.4 | 0.3 | 0.5 | 0.2 | |
| 13.7 | 4.6 | 1.2 | 1 | |
| 16.5 | 4.9 | 1.7 | 1.2 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.2 | 4.1 | −0.4 | −0.1 | |
| −0.1 | 0.3 | 0 | −0 | |
| 1.4 | −5.5 | 0.5 | −0.2 | |
| 1.1 | −1.1 | 0.2 | −0.3 | |
| −0.1 | – | – | – | |
| −0.3 | 4.1 | −0.4 | −0.1 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.