Thakkers Developers Ltd

Dematerialisation/rematerialisation status

• Dematerialisation requests processed; securities dematerialised listed on exchanges.
• Physical certificates for dematerialisation mutilated and cancelled; depository’s name substituted as registered owner within prescribed timelines.

Standalone FY26 results

• 📊 Revenue from operations rose to ₹1,196.96 lakh in FY26 from ₹603.90 lakh.
• 📊 Total income increased to ₹1,800.86 lakh from ₹626.30 lakh.
• 📊 PBT was ₹220.54 lakh versus ₹156.55 lakh last year.
• 📊 PAT from continuing operations was ₹202.79 lakh versus ₹39.94 lakh.
• 📊 Basic and diluted EPS were ₹2.25, versus ₹1.00 last year.
• 📊 Q4 standalone revenue was ₹145.63 lakh; PAT was a ₹114.94 lakh loss.

Standalone segments

• 📊 Construction and contract-related revenue was ₹459.05 lakh in FY26.
• 📊 Estate dealing and development revenue was ₹713.62 lakh in FY26.
• 📊 Segment profit was ₹567.79 lakh for construction and ₹345.24 lakh for estate dealing.
• 📊 Unallocated expenses were ₹1,159.01 lakh for the year.

Consolidated FY26 results

• 📊 Consolidated revenue from operations rose to ₹3,466.56 lakh from ₹3,159.00 lakh.
• 📊 Total income increased to ₹4,074.29 lakh from ₹3,678.78 lakh.
• 📊 PBT was ₹498.53 lakh versus ₹495.43 lakh last year.
• 📊 PAT from continuing operations was ₹379.13 lakh versus ₹511.28 lakh.
• 📊 Basic and diluted EPS were ₹1.21, versus ₹5.68 last year.
• 📊 Q4 consolidated revenue was ₹474.15 lakh; PAT was a ₹209.85 lakh loss.

Consolidated segments

• 📊 Construction and contract-related revenue was ₹2,001.72 lakh in FY26.
• 📊 Estate dealing and development revenue was ₹1,400.56 lakh in FY26.
• 📊 Segment profit was ₹1,041.65 lakh for construction and ₹759.20 lakh for estate dealing.
• 📊 Unallocated expenses were ₹1,352.27 lakh for the year.

Balance sheet and cash

• 📊 Standalone cash and cash equivalents were ₹445.26 lakh at March 31, 2026.
• 📊 Consolidated cash and cash equivalents were ₹145.24 lakh at March 31, 2026.
• 📊 Standalone total assets were ₹19,906.78 lakh; consolidated total assets were ₹21,254.03 lakh.
• 📊 Standalone borrowings were ₹1,299.47 lakh in non-current liabilities and ₹944.04 lakh current.
• 📊 Consolidated borrowings were ₹1,187.66 lakh in non-current liabilities and ₹220.64 lakh current.

Audit and governance

• 📍 Statutory auditors issued an unmodified opinion on standalone and consolidated FY26 results.
• 🗒️ Auditors noted internal financial controls need strengthening to match company size.
• 🗒️ No investor complaints were pending at quarter-end.
• 🗓️ Board approved the results on May 29, 2026.

Business model

• 🏗️ The company operates in construction and contract-related activity.
• 🏘️ It also develops and deals in estate and property projects.
• 🏢 Consolidated results include five wholly owned subsidiaries.

Director Resignation

• Mrs. Poonam Rajendra Thakker resigned as Director effective March 26, 2026.
• Resignation due to pre-occupation elsewhere.
• No directorships held by Mrs. Poonam Rajendra Thakker in other listed entities.
• Board appreciated her valuable contribution during tenure.

Director Appointment

• Ms. Vidhi Narendra Thakker appointed as Additional and Whole-Time Director effective March 26, 2026.
• Appointment subject to shareholders' approval for a five-year term.
• Ms. Vidhi Thakker is a law graduate with expertise in real estate legal matters and business development.
• She is daughter of Mr. Narendra Manohardas Thakker, Executive Director & CEO.
• Ms. Vidhi Thakker is not debarred from holding director office by SEBI or other authorities.

Resignation of Director

• Mrs. Poonam Rajendra Thakker resigned as Woman Director effective March 26, 2026
• Resignation due to pre-occupation elsewhere
• No other material reasons for resignation disclosed
• Vacated position as Woman Director on the Board
• No directorships or committee memberships in other listed entities
• Resignation effective immediately after business hours on March 26, 2026
• No regulatory or shareholder approval required for resignation

Resignation of Director

• Mrs. Poonam Rajendra Thakker resigned as Director effective March 26, 2026
• Resignation due to pre-occupation elsewhere
• No other material reasons disclosed for resignation
• Board appreciated her contribution during tenure
• No other directorships held by resigning director

Appointment of Director

• Ms. Vidhi Narendra Thakker appointed Additional and Whole-Time Director effective March 26, 2026
• Appointment subject to shareholders' approval for five-year term
• Ms. Vidhi Thakker is a law graduate with expertise in real estate and investment strategy
• She is daughter of Mr. Narendra Manohardas Thakker, Executive Director & CEO
• Appointment aims to fill vacancy and strengthen Board composition
• Ms. Vidhi Thakker is not debarred from holding Director office by any authority