Attached herewith Audited Financial Results for the year ended 31.03.2026
Please find enclosed herewith copy of Audited Standalone and Consolidated Financial Statements along with copy of Auditor’s Report and Declaration of unmodified opinion as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Quarter & Financial Year ended on March 31, 2026.
We wish to inform you that a meeting of the Board of Directors of Thakkers Developers Limited (“the Company”) is scheduled to be held on Friday, May 29, 2026, inter alia, to consider and approve the following agenda item: 1. To consider & approve the Audited Financial Results along with the Auditor’s Report for the quarter and financial year ended March 31, 2026. Further, the trading window for dealing in securities of the Company by the Designated Persons of the Company and/or their immediate relatives was closed from April 01, 2026, and will remain closed up to 48 (Forty-Eight) hours after the declaration of the financial results of the Company for the quarter and financial year ended March 31, 2026.
Attached herewith Annual Secretarial Compliance Report for the year end March 31, 2026
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyThakkers Developers Ltd 2CIN NO.L45200MH1987PLC043034 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 15.13 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: SHRUTI PEKAM Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER EmailId: lalitbhanu@thakkersdevelopers.com Name of the Chief Financial Officer: RAJENDRA BUNAGE Designation: CFO EmailId: rajendra.bunage@thakkersdevelopers.com Date: 27/04/2026 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Attached herewith the clarification regarding the price movement mail dated from exchange on 22-04-2026 bearing reference No. L/SURV/ONL/PV/SJ/ 2026-2027 / 3796
Attached herewith the certificate under regulation 74 (5) of SEBI (DP), regulations 2018 for the quarter ended 31 March 2026
As per attached
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 10.26 | 8.97 | 5.19 | 6.38 | 4.09 | 14.26 | 7.05 | 6.18 | 8.99 | 6.50 | 14.39 | 4.78 |
| YOY Revenue Growth % | 13.39% | -37.39% | -65.99% | -66.6% | -60.12% | 59.02% | 35.91% | -3.21% | 119.54% | -54.41% | 104.04% | -22.61% |
| Other Income | 0.17 | 0.20 | 0.37 | 0.58 | 0.83 | 1.07 | 1.26 | 2.04 | 0.85 | 2.64 | 0.85 | 1.75 |
| Total Income | 10.43 | 9.17 | 5.56 | 6.96 | 4.92 | 15.34 | 8.31 | 8.22 | 9.83 | 9.14 | 15.24 | 6.53 |
| Total Expenses + | 9.94 | 9.12 | 5.63 | 9.19 | 5.25 | 12.46 | 8.07 | 3.24 | 8.36 | 8.49 | 10.23 | 6.57 |
| Cost of Materials Consumed | 3.94 | 2.39 | 2.71 | 2.35 | 1.75 | 18.04 | 0.33 | -5.90 | 2.49 | 0.91 | 1.77 | 1.16 |
| Employee Benefit Expense | 1.36 | 1.59 | 1.77 | 1.73 | 1.56 | 1.58 | 1.88 | 1.74 | 1.61 | 1.73 | 1.90 | 1.47 |
| Other Expenses | 1.19 | 0.85 | 1.21 | 1.98 | 0.88 | 0.78 | 0.88 | 1.36 | 1.09 | 1.24 | 1.23 | 1.41 |
| Operating Profit | 0.32 | -0.15 | -0.44 | -2.81 | -1.16 | 1.80 | -1.01 | 2.94 | 0.63 | -1.99 | 4.16 | -1.79 |
| OPM % | 3.1% | -1.6% | -8.5% | -44% | -28.3% | 12.7% | -14.3% | 47.6% | 7% | -30.5% | 28.9% | -37.4% |
| Profit Before Tax + | 0.49 | 0.05 | -0.07 | -2.23 | -0.33 | 2.88 | 0.24 | 4.99 | 1.45 | 0.65 | 4.97 | -0.04 |
| Tax Expense | 0.00 | 0.00 | -0.84 | 0.03 | 0.00 | 0.00 | 0.12 | 1.16 | 0.00 | -0.01 | -0.07 | 2.05 |
| Tax % | 0% | 0% | - | - | - | 0% | 48.7% | 23.3% | 0.1% | -1% | -1.4% | - |
| Profit After Tax | 0.49 | 0.05 | 0.77 | -2.26 | -0.33 | 2.88 | 0.13 | 3.82 | 1.44 | 0.66 | 5.05 | -2.10 |
| EPS (Basic) | 0.54 | 0.06 | 0.86 | -2.51 | -0.37 | 3.20 | 0.14 | 4.25 | 1.61 | 0.73 | 5.61 | -2.33 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 34.67 | 31.59 | 30.81 | 57.76 | 55.48 | 27.60 |
| YOY Revenue Growth % | 9.74% | 2.54% | -46.66% | 4.1% | 101.01% | - |
| Other Income | 6.08 | 5.20 | 1.31 | 1.35 | 2.46 | 4.28 |
| Total Income | 40.74 | 36.79 | 32.12 | 59.11 | 57.94 | 31.88 |
| Total Expenses + | 33.65 | 29.01 | 33.88 | 39.42 | 22.50 | 18.58 |
| Cost of Materials Consumed | 6.34 | 14.22 | 11.39 | 15.96 | 34.85 | 12.32 |
| Employee Benefit Expense | 6.71 | 6.77 | 6.44 | 5.41 | 1.85 | 2.44 |
| Other Expenses | 4.97 | 3.90 | 5.23 | 6.17 | 4.89 | 3.04 |
| Operating Profit | 1.01 | 2.58 | -3.07 | 18.34 | 32.98 | 9.02 |
| OPM % | 2.9% | 8.2% | -10% | 31.8% | 59.5% | 32.7% |
| Profit Before Exceptional | 7.09 | 7.78 | -1.76 | 19.69 | 35.44 | 13.30 |
| Exceptional Items | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 7.09 | 7.81 | -1.76 | 19.69 | 35.44 | 13.30 |
| Tax Expense | 1.98 | 1.27 | -0.81 | 3.54 | 1.49 | 1.95 |
| Tax % | 27.9% | 16.2% | - | 18% | 4.2% | 14.7% |
| Profit After Tax | 5.11 | 6.54 | -0.95 | 16.15 | 33.95 | 11.34 |
| EPS (Basic) | 5.68 | 7.27 | -1.05 | 17.94 | 37.72 | 12.60 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 71.90 | 100.29 | 74.76 | 93.38 | 92.33 | 46.91 |
| Property, Plant & Equipment | 5.77 | 6.77 | 6.76 | 7.12 | 5.73 | 3.28 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Investments | 2.59 | 2.59 | 2.58 | 2.55 | 2.89 | 3.02 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 140.68 | 117.77 | 159.73 | 134.51 | 128.06 | 129.33 |
| Inventories | 89.79 | 103.71 | 104.31 | 112.04 | 121.74 | 101.54 |
| Trade Receivables | 3.51 | 0.82 | 1.78 | 8.84 | 4.44 | 4.52 |
| Cash and Cash Equivalents | 1.96 | 1.39 | 1.64 | 2.32 | 1.17 | 3.20 |
| Current Investments | 4.45 | 1.82 | 27.52 | 6.11 | 13.12 | 0.98 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 156.29 | 151.03 | 144.49 | 145.19 | 129.24 | 95.47 |
| Equity Share Capital | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Other Equity | 147.29 | 142.03 | 135.49 | 136.19 | 120.24 | 86.47 |
| Non-Current Liabilities | 44.10 | 55.75 | 60.05 | 62.07 | 70.48 | 50.80 |
| Current Liabilities | 12.19 | 11.28 | 29.95 | 20.64 | 20.68 | 29.96 |
| Total Liabilities | 56.29 | 67.04 | 90.00 | 82.71 | 91.15 | 80.77 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 2.86 | -13.98 | 14.20 | -9.52 | -2.65 | 20.31 |
| Cash from Investing Activities | 0.93 | 27.44 | -22.25 | 4.71 | -11.53 | 5.15 |
| Cash from Financing Activities | -3.22 | -13.71 | 7.34 | 5.86 | 12.40 | -23.10 |
| Net Increase/Decrease in Cash | 0.57 | -0.24 | -0.70 | 1.04 | -1.78 | 2.37 |