538464-BOM

Thirani Projects Ltd.

BSE: 538464

Sector: Financial Services

Industry Group: Finance

Industry: Non Banking Financial Company (NBFC)

3.40+0.1 (+2.10%)

10 Jul, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

Score not available

Value Score

Score not available

Price Momentum Score

Score not available

QVM Score

Score not available

Key Metrics

Market Cap

6.87

P/E (TTM)

14.56

P/B

0.53

P/S (TTM)

6.76

EV/EBITDA

10.77

CAPE (5Y)

ROE (TTM)

3.72

ROCE (TTM)

5.31

ROA (TTM)

3.20

Avg 3Y ROE

-10.41

Earnings 3Y CAGR

Sales 3Y CAGR

9.38

Sales 5Y CAGR

2.92

Debt/Equity

0.09

Consensus TP

Strong Buy %

Promoter Holding

Pledged %

Stock Analysis

Fundamental analysis overview of Thirani Projects Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PB is at a discount to industry median

PB of 0.53 indicates that the stock is cheap on a standalone basis. Discount to industry median P/B is decent at -53.1%

What is P/B Ratio?

Median: 1.13

Value 0.53

058.95

High and improving operating margin

The company reported strong operating margin of 69.08% for 12-month ended 31 Mar 2026 and operating margin improved by 2135 bps from 1 year ago

What is Operating profit margin?

Moderate revenue growth and above median growth of industry

The company delivered moderate revenue growth of 19.35% for 12-month ended 31 Mar 2026 and the growth was 8.3 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 11.05

Value 19.35

-519.5340214.8

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.09 as on 31 Mar 2026 and Debt to Equity increased marginally by 0.09 in the last 1 year

What is Debt to Equity?

Negative

Low and declining ROE

The company reported low ROE of 3.72% for 12-month ended 31 Mar 2026 and ROE declined by -246 bps from 1 year ago

What is ROE (FY)?

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -37.84% for 12-month ended 31 Mar 2026 and the growth was 37.84 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Not enough talking points with neutral stance

Financial Snapshot

See detailed analysis

Multi-year trends for Thirani Projects Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

ROA FY

Thirani Projects Ltd. Shareholding Pattern

Quarterly breakdown of Thirani Projects Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	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
Total Promoter	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	-	-	-
Indian Promoter	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	20.14	-	-	-
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	79.86	100.00	100.00	100.00
Bodies Corporate	-	-	-	-	-	-	-	-	-	-	40.21	40.21	40.21	40.21	40.21	40.21	40.61	40.86	40.86	41.25	40.56	36.07	55.01	53.71	53.14
Others (incl. Retail) No. of shareholders	79.86 6,342	79.86 6,271	79.86 6,176	79.86 6,119	79.86 5,991	79.86 5,898	79.86 5,838	79.86 5,917	79.86 6,486	79.86 6,737	39.65 6,692	39.65 6,629	39.65 6,549	39.65 6,474	39.65 6,376	39.65 6,425	39.25 6,331	39.00 6,284	39.00 6,190	38.61 6,279	39.30 6,605	43.79 6,621	44.99 6,786	46.29 6,829	46.86 6,726

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Thirani Projects Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
APANAPAN DISTRIBUTORS LLP Promoter	September-2025	Market Sale (Disposal) 8th Sep 2025	13.79 %	₹ 4.10	27.87 lac	₹ 1.14 cr
APANAPAN DISTRIBUTORS LLP Promoter	September-2025	Market Sale (Disposal) 3rd Sep 2025	20.14 %	₹ 4.15	12.83 lac	₹ 53.26 lac

No corporate action data available.

Company Profile

Overview of Thirani Projects Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Thirani Projects Limited is an India-based non-banking financial company (NBFC). The Company is engaged in the business of investing and financing. The Company primarily focuses on providing various financial solutions. The main business of the Company is to make both long-term and short-term invest...

Key personnel

Mr. Prabir DasD

Chairman of the Board

Mr. Utpal DeyD

Chief Executive Officer, Managing Director, Executive Director

Mr. Vijay Kumar OjhaD

Chief Financial Officer, Whole Time Director

Mrs. Santosh ChoradiaD

Additional Non-Executive Director

Mr. Pradeep Kumar DagaD

Non-Executive Director

Mr. Satyam JaiswalD

Additional Independent Director

Mr. Arun ChakrabortyD

Non-Executive Independent Director

Mrs. Pritika ChorariaD

Non-Executive Independent Director

View all

Incorporated on

16 Jul 1983

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

16 Jun 2014

Free Float

68,23,095

Website

https://www.thiraniprojects.com/

Phone no.

+913322315686

Address

Subol Dutt Building,, 13, Brabourne Road, Menzzanine Floor, KOLKATA, 700001, India

Frequently Asked Questions

What is the current share price of Thirani Projects Ltd.?

The current share price of Thirani Projects Ltd. is ₹ 3.40 as of 10 Jul 2026.

What is the market capitalisation of Thirani Projects Ltd.?

The market capitalisation of Thirani Projects Ltd. stands at ₹ 6.87 Cr.

What is the PE ratio of Thirani Projects Ltd.?

The Price-to-Earnings (PE) ratio of Thirani Projects Ltd. is 14.56 as of the latest trailing twelve months data.

What is the ROE and ROCE of Thirani Projects Ltd.?

Thirani Projects Ltd. has a Return on Equity (ROE) of 3.72% and a Return on Capital Employed (ROCE) of 5.31% as per the latest financial reports.

What is the 52-week high and low of Thirani Projects Ltd.?

The 52-week high of Thirani Projects Ltd. is - and the 52-week low is -.

What is the dividend yield of Thirani Projects Ltd.?

The dividend yield of Thirani Projects Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Thirani Projects Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 46.86% of Thirani Projects Ltd. shares.

What sector does Thirani Projects Ltd. belong to?

Thirani Projects Ltd. operates in the Financial Services sector.

What is the beta of Thirani Projects Ltd.?

The beta of Thirani Projects Ltd. is -0.11, indicating its price volatility relative to the broader market. Over the past 1 year, Thirani Projects Ltd. has delivered an absolute return of -50.15%.

What is the RSI of Thirani Projects Ltd.?

The 14-day Relative Strength Index (RSI) of Thirani Projects Ltd. is 42.60, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Thirani Projects Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Thirani Projects Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Company Profile

Frequently Asked Questions

Company Profile

Stock Analysis