Thirani Projects

₹3.6 0.2 | 4.7%

WEBSITE BSE:538464 NSE : TPROJECT 18 May, 10:00

Market Cap ₹7 Cr.

Stock P/E -8.3

P/B 0.4

Current Price ₹3.6

Book Value ₹ 9.7

Face Value 10

52W High ₹4.7

Dividend Yield 0%

52W Low ₹ 2

Edit Ratio

Thirani Projects Research see more...

Overview Inc. Year: 1983Industry: Finance - NBFC

Thirani Projects Ltd operates as a non-banking financial organization in India. The corporation offers short term and long-term loans. It also offers long time and short-time period investments in quoted and unquoted shares. The agency was previously called Soft Touch Silk and Textiles Ltd. The organisation was established in 1983 and is primarily based in Kolkata, India.

Thirani Projects Share Price

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Price: NSE50 DMA200 DMAVolume

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Peer Comparison

Thirani Projects Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Operating Revenue	0	0	0	0	0	0	0	0	0	0
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	0	0	0	0	0	0	0	0	0	0
Total Expenditure	0	0	1	0	0	0	1	0	0	0
Operating Profit	0	0	-0	0	0	0	-1	0	0	0
Interest Expense	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	0	-0	0	0	0	-1	0	0	0
Provision for Tax	0	0	0	0	0	0	0	0	0	0
Profit After Tax	0	0	-0	0	0	0	-1	0	0	0
Adjustments	0	0	0	0	0	0	0	-0	0	0
Profit After Adjustments	0	0	-0	0	0	0	-1	0	0	0
Adjusted Earnings Per Share	0.1	0.1	-0.2	0.1	0.1	0.1	-0.6	0	0.1	0.1

Thirani Projects Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Operating Revenue	1	0	1	2	4	3	1	1	1	1	1	0
Other Income	0	0	0	0	0	0	0	0	0	0	0	0
Total Income	1	0	1	2	4	3	1	1	1	1	1	0
Total Expenditure	1	0	1	1	3	2	1	1	1	1	1	1
Operating Profit	0	0	0	0	0	0	-0	-0	-0	0	-1	-1
Interest Expense	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	-0	0	0	0	0	-0	-0	-0	0	-1	-1
Provision for Tax	0	0	0	0	0	0	-0	0	0	0	0	0
Profit After Tax	0	-0	0	0	0	0	-0	-0	-0	0	-1	-1
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	0	-0	0	0	0	0	-0	-0	-0	0	-1	-1
Adjusted Earnings Per Share	0	0	0	0	0	0.2	-0	-0	-0.1	0.1	-0.3	-0.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	0%	0%	-20%	0%
Operating Profit CAGR	0%	0%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	41%	36%	27%	NA%
ROE Average	-4%	-1%	-1%	0%
ROCE Average	-4%	-1%	-1%	0%

Thirani Projects Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	20	20	20	21	21	21	20	20	20	19	19
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Current Liability	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities & Provisions	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Total Liabilities	20	20	21	21	21	21	20	20	20	19	20
Loans	0	0	0	0	0	0	0	0	0	0	0
Investments	13	19	7	6	5	5	9	9	9	8	8
Fixed Assets	0	0	0	0	0	0	0	0	0	0	0
Other Loans	0	0	0	6	14	15	9	11	10	8	10
Other Non Current Assets	0	0	0	0	0	0	0	0	0	0	0
Current Assets	7	1	14	9	2	1	2	0	1	3	1
Total Assets	20	20	21	21	21	21	20	20	20	19	20

Thirani Projects Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	0	0	0	0	1	1	0	1	3
Cash Flow from Operating Activities	-1	6	-12	-1	-1	-0	-6	0	-0	2	-2
Cash Flow from Investing Activities	1	-6	12	1	1	1	6	-1	1	0	0
Cash Flow from Financing Activities	0	-0	-0	0	0	0	0	0	0	0	0
Net Cash Inflow / Outflow	0	-0	0	0	-0	0	0	-1	1	2	-2
Closing Cash & Cash Equivalent	0	0	0	0	0	1	1	0	1	3	1

Thirani Projects Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0	0	0	0	0	0.16	-0	-0.03	-0.09	0.07	-0.34
CEPS(Rs)	0.03	-0.02	0.14	0.14	0.06	0.16	-0	-0.03	-0.09	0.07	-0.34
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	0	0	0	0	0	10.48	9.71	9.69	9.76	9.3	9.54
Net Profit Margin	5.83	-30.45	20.34	17.77	3.07	12.47	-0.33	-6.86	-19.76	17.14	-87.91
Operating Margin	19.78	-18.09	35.49	26.07	4.38	16.8	-0.8	-6.85	-19.68	17.95	-87.91
PBT Margin	19.76	-20.48	35.47	26.05	4.37	16.79	-0.8	-6.86	-19.76	17.95	-87.91
ROA(%)	0.23	-0.18	1.36	1.34	0.54	1.58	-0.02	-0.33	-0.88	0.73	-3.56
ROE(%)	0.26	-0.18	1.37	1.35	0.54	1.58	-0.02	-0.33	-0.89	0.74	-3.59
ROCE(%)	0.87	-0.11	2.39	1.98	0.77	2.13	-0.05	-0.33	-0.88	0.77	-3.59
Price/Earnings(x)	0	0	0	0	0	214.65	0	0	0	47.37	0
Price/Book(x)	0	0	0	0	0	3.37	0.14	0.02	0.18	0.36	0.22
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	22.55	164.87	14.6	12.64	5.42	26.52	1.38	0.29	3.19	4.85	4.7
EV/Core EBITDA(x)	106.96	440.73	40.92	48.36	123.52	157.86	-173.49	-4.22	-16.22	27.03	-5.35
Interest Earned Growth(%)	442.38	-86.2	1021.29	14.5	133.31	-27.04	-47.28	-32.76	-6.88	-5.9	-6.22
Net Profit Growth	179.83	-172.13	848.99	0.04	-59.75	196.83	-101.38	-1315.23	-168.34	181.62	-580.93
EPS Growth(%)	0	0	0	0	0	0	-101.38	-1315.23	-168.23	181.65	-580.94
Interest Coverage(x) %	1446.35	-7.58	1866.76	1781.45	622.83	5037.41	-316.9	-1543.79	-247.71	0	0

Thirani Projects Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	1.61	1.61	1.61	1.61	1.61	1.61	1.61	1.61	1.61	1.61
Others	0	0	0	0	0	0	0	0	0	0
Total	2.02	2.02	2.02	2.02	2.02	2.02	2.02	2.02	2.02	2.02

Pros

Stock is trading at 0.4 times its book value
Company is almost debt free.

Cons

Promoter holding is low: 20.14%.
Company has a low return on equity of -1% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.