Thejo Engineering Limited
NSE: THEJO · Unclassified
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Instant answers about Thejo Engineering Limited — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Revenue | 559.4 | 552.7 | 632.1 |
| EBITDA | 100.3 | 87.7 | 80.1 |
| Operating margin | 17.9% | 15.9% | 12.7% |
| Interest | 6.4 | 5.2 | 5.3 |
| Depreciation | 20.4 | 19.4 | 15.0 |
| Profit before tax | 76.6 | 68.2 | 66.7 |
| Tax | 17.2 | 15.9 | 17.9 |
| Net profit | 55.6 | 49.9 | 49.3 |
| EPS ₹ | 51.86 | 46.07 | 45.41 |
| Operating cash flow | 51.8 | 72.7 | 38.9 |
| Capex | 22.5 | 40.9 | 34.8 |
| Dividend paid | 2.1 | 3.2 | 5.4 |
| Total assets | 413.8 | 446.4 | 548.7 |
| Equity | 250.3 | 297.8 | 354.4 |
Quarterly performance
last 13 quarters · ₹ crore| SEP '22 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 230.6 | 134.0 | 149.9 | 140.8 | 130.5 | 133.4 | 135.6 | 153.2 | 135.6 | 153.1 | 162.2 | 181.2 | 177.6 |
| Operating profit | 34.2 | 23.1 | 29.0 | 25.5 | 18.4 | 16.9 | 24.2 | 28.2 | 16.4 | 21.1 | 18.5 | 24.2 | 25.3 |
| Operating margin | 14.8% | 17.2% | 19.4% | 18.1% | 14.1% | 12.6% | 17.8% | 18.4% | 12.1% | 13.8% | 11.4% | 13.4% | 14.2% |
| Other income | 1.0 | 0.3 | 2.0 | -0.3 | 0.7 | 4.0 | -0.1 | 0.4 | 2.3 | 2.2 | 1.7 | 3.4 | 2.5 |
| Interest | 2.2 | 1.7 | 1.6 | 1.4 | 1.5 | 1.4 | 1.1 | 1.2 | 1.4 | 1.1 | 1.3 | 1.4 | 1.4 |
| Depreciation | 5.6 | 4.8 | 5.2 | 5.9 | 4.5 | 4.9 | 4.8 | 5.2 | 3.9 | 2.2 | 4.4 | 4.5 | 5.5 |
| Profit before tax | 27.4 | 17.0 | 24.2 | 17.9 | 13.2 | 14.7 | 18.2 | 22.2 | 13.3 | 20.0 | 11.8 | 21.7 | 20.9 |
| Tax | 6.7 | 3.4 | 5.3 | 4.5 | 3.6 | 2.4 | 4.3 | 5.6 | 3.5 | 5.9 | 3.4 | 5.1 | 5.6 |
| Net profit | 18.8 | 13.1 | 17.3 | 12.5 | 9.6 | 11.9 | 13.2 | 15.2 | 9.4 | 15.1 | 8.9 | 15.8 | 16.2 |
| EPS ₹ | 17.59 | 12.25 | 16.16 | 11.60 | 8.90 | 10.99 | 12.14 | 14.04 | 8.69 | 13.92 | 8.20 | 14.60 | 14.90 |
| Revenue YoY | — | -41.9% | — | — | — | -0.4% | -9.5% | 8.8% | 3.9% | 14.7% | 19.7% | 18.3% | 31.0% |
| Profit YoY | — | -30.0% | — | — | — | -9.4% | -24.1% | 22.0% | -1.9% | 26.8% | -32.4% | 4.1% | 71.7% |
Returns & margins
trailing-twelve-month, per quarter| JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.0% | 18.9% | 17.4% | 16.8% | 16.7% | 16.4% | 15.1% | 13.9% | 15.8% |
| ROCE | 29.7% | 26.7% | 24.4% | 24.4% | 24.4% | 24.1% | 22.2% | 20.0% | 22.1% |
| Net margin | 9.5% | 9.3% | 8.7% | 9.0% | 8.9% | 9.2% | 8.0% | 7.8% | 8.3% |
| EBITDA margin | 17.3% | 16.2% | 15.7% | 15.9% | 15.3% | 15.6% | 13.9% | 12.7% | 13.2% |
| Debt / equity | 0.06 | 0.05 | 0.05 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest coverage | 12.79 | 12.94 | 12.84 | 14.06 | 14.11 | 15.97 | 14.21 | 13.69 | 15.18 |
| Asset turnover | 1.34 | 1.31 | 1.27 | 1.24 | 1.25 | 1.17 | 1.23 | 1.15 | 1.23 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | |
|---|---|---|---|---|---|---|---|
| Share capital | 10.7 | 10.7 | 10.8 | 10.8 | 10.8 | 10.8 | 10.8 |
| Other equity / reserves | 170.5 | 209.0 | 239.5 | 260.5 | 286.9 | 311.9 | 343.6 |
| Total equity | 181.2 | 219.8 | 250.3 | 271.3 | 297.8 | 322.8 | 354.4 |
| Borrowings | 15.3 | 20.3 | 14.2 | 12.6 | 3.4 | 2.9 | 5.3 |
| Current liabilities | 96.3 | 108.3 | 102.8 | 96.1 | 98.1 | 109.5 | 132.9 |
| Non-current liabilities | 35.6 | 42.6 | 38.4 | 34.4 | 27.9 | 36.7 | 36.8 |
| Total assets | 335.3 | 393.2 | 413.8 | 424.8 | 446.4 | 491.8 | 548.7 |
| Property, plant & equipment | 66.1 | 110.5 | 107.0 | 106.2 | 102.1 | 147.8 | 151.4 |
| Capital work-in-progress | 12.5 | 1.7 | 2.2 | 2.0 | 16.0 | 3.2 | 12.7 |
| Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Inventories | 54.4 | 68.2 | 62.5 | 68.9 | 66.0 | 74.5 | 79.9 |
| Receivables | 113.0 | 130.1 | 135.6 | 134.7 | 134.4 | 137.1 | 173.4 |
| Cash & equivalents | 46.5 | 37.3 | 60.1 | 59.2 | 65.9 | 47.0 | 35.2 |
Cash flow
annual · ₹ crore · line = free cash flow| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Cash from operations | 51.8 | 72.7 | 38.9 |
| Cash from investing | -19.1 | -44.5 | -59.3 |
| Cash from financing | -15.2 | -22.5 | -10.4 |
| Capex | 22.5 | 40.9 | 34.8 |
| Free cash flow | 29.3 | 31.8 | 4.2 |
| Dividends paid | 2.1 | 3.2 | 5.4 |
Where the assets sit
Mar '26 · ₹ crorePeer comparison
largest in Unclassified · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Avantel Limited | 36,86,04,549 | 138.69 | — | 1059360.68 | 0.0% |
| Ducol Organics And Colours Limited | 19,55,275 | 120.00 | — | 20089.13 | 0.0% |
| Jio Platforms Limited | 12,57,181 | 1,406.40 | — | 3.57 | — |
| SBI Funds Management Limited | 1,01,750 | 499.55 | — | — | — |
| Tamilnadu Telecommunication Limited | 91,314 | 9.93 | — | — | — |
| Manipal Health Enterprises Limited | 76,294 | 646.70 | — | — | — |
| INDO-MIM Limited | 59,042 | 1,219.50 | — | — | — |
| AvenuesAI Limited | 45,138 | 129.25 | 153.6 | 9.51 | 6.2% |
| Dhoot Transmission Limited | 32,761 | 1,601.60 | — | 8.11 | — |
| 3M India Limited | 31,071 | 27,570.00 | 53.8 | 17.57 | 32.7% |
| Thejo Engineering Limited | 2,076 | 1,914.20 | 37.1 | 5.86 | 15.8% |
StoxGud checklist: Bullish setup · 7/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
FAQs
What is the share price of Thejo Engineering Limited?
Thejo Engineering Limited (THEJO) closed at ₹1,914.20 on NSE on 06 Nov 2026.
What is the market cap of Thejo Engineering Limited?
₹2,076 crore at the latest close.
What is the P/E ratio of Thejo Engineering Limited?
37.1, on trailing-twelve-month earnings from its filings.
How fast is Thejo Engineering Limited growing?
Thejo Engineering Limited: Latest-quarter revenue is up 31.0% year on year, profit up 71.7%.
How profitable is Thejo Engineering Limited?
On a trailing-twelve-month basis return on equity is 15.8%, return on capital employed 22.1%, operating margin 13.2%, net margin 8.3%.
How much debt does Thejo Engineering Limited have?
Thejo Engineering Limited is debt-free: debt to equity is 0.01 with borrowings of ₹5 cr against cash of ₹35 cr (balance sheet of 2026-03-31). Operating profit covers interest 15.2 times.
Financials parsed from Thejo Engineering Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '22, annual from FY24, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.