Thejo Engg. Share Price ₹2,200 | P/E 41.1

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Thejo Engg.

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	122	135	134	150	141	131	133	136	153	136	153	162	181
Expenses +	112	112	111	121	115	112	117	111	125	119	132	144	157
Operating Profit	10	23	23	29	26	18	17	24	28	16	21	18	24
OPM %	8%	17%	17%	19%	18%	14%	13%	18%	18%	12%	14%	11%	13%
Other Income +	1	1	0	2	-0	1	4	-0	0	2	2	-1	3
Interest	1	2	2	2	1	1	1	1	1	1	1	1	1
Depreciation	3	5	5	5	6	4	5	5	5	4	2	4	4
Profit before tax	6	17	17	24	18	13	15	18	22	13	20	12	22
Tax %	24%	23%	20%	22%	25%	27%	16%	24%	25%	27%	29%	29%	23%
Net Profit +	5	14	14	19	13	10	12	14	17	10	14	8	17
EPS in Rs	4.39	11.84	12.25	16.15	11.59	8.85	10.98	12.13	14.03	8.68	13.92	8.20	14.60

Financials of Thejo Engg.

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	186	175	178	220	229	303	327	424	474	559	552	632
Expenses +	175	162	158	192	197	254	276	355	414	458	464	552
Operating Profit	11	13	20	27	31	49	50	69	60	100	88	80
OPM %	6%	7%	11%	12%	14%	16%	15%	16%	13%	18%	16%	13%
Other Income +	1	0	0	1	1	0	3	1	3	3	5	7
Interest	6	6	6	6	5	5	4	3	5	6	5	5
Depreciation	6	6	5	5	6	6	9	11	12	20	19	15
Profit before tax	0	1	9	17	22	38	41	56	46	77	68	67
Tax %	1,240%	149%	34%	23%	31%	21%	27%	24%	24%	23%	23%	27%
Net Profit +	-2	-1	6	13	15	30	29	43	35	59	52	49
EPS in Rs	-0.22	0.20	5.59	10.73	12.97	24.17	25.19	35.31	30.30	51.69	46.00	45.41
Dividend Payout %	-522%	572%	21%	12%	13%	7%	8%	6%	7%	6%	11%	0%

Financials of Thejo Engg.

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3	3	3	3	3	3	4	11	11	11	11	11
Reserves	48	46	52	62	74	98	125	154	186	240	287	344
Borrowings +	37	39	41	34	31	36	18	38	45	43	30	41
Other Liabilities +	60	54	41	54	60	79	94	98	121	119	119	153
Total Liabilities	148	143	138	153	169	216	240	301	362	412	446	549
Fixed Assets +	31	30	29	32	34	32	46	66	112	108	103	152
CWIP	0	0	1	1	0	0	1	1	2	2	16	13
Investments	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets +	116	112	108	119	135	184	193	234	249	301	328	384
Total Assets	148	143	138	153	169	216	240	301	362	412	446	549

Financials of Thejo Engg.

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	1	4	12	24	20	19	52	27	59	52	73
Cash from Investing Activity +	-4	-4	-5	-8	-6	-5	-13	-15	-51	-19	-44
Cash from Financing Activity +	4	-4	-4	-15	-9	-2	-31	-0	-8	-15	-22
Net Cash Flow	1	-4	3	1	5	13	8	13	0	17	6
Free Cash Flow	-5	-0	6	15	13	15	39	13	9	31	32
CFO/OP	31%	53%	72%	100%	84%	52%	125%	59%	120%	69%	105%

Financials of Thejo Engg.

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	108	112	120	109	102	122	104	92	83	89	89	100
Inventory Days	110	281	221	196	315	229	214	198	201	194	209	234
Days Payable	131	193	185	155	207	178	223	131	161	126	130	181
Cash Conversion Cycle	87	200	157	150	210	173	94	159	123	156	168	153
Working Capital Days	25	33	38	52	63	73	75	84	70	82	86	92
ROCE %	7%	8%	16%	22%	24%	33%	28%	31%	21%	28%	22%	19%

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Thejo Engg. Share Price & Earnings Call Analysis