Thejo Engineering Limited
NSE: THEJO · Other · sector
₹1,901.70NSE close 2026-10-26
Key numbers
Market cap₹2,063 cr
Price₹1,901.70
52w high / low₹2,287 / ₹1,444
P/E36.8xSector median 14.4x
P/B5.8xSector median 1.7x
Book value₹326.7
Dividend yield0.26%Sector median 0.37%
ROE17.2%Sector median 13.8%
ROCE22.1%Sector median 19.6%
OPM12.8%Sector median 10.4%
Debt / equity0.01xSector median 0.29x
EV/EBITDA23.2xSector median 8.4x
Interest cover15.2x
Current ratio2.70x
Sales growth 3y–Sector median +7.7%
Profit growth 3y–Sector median +16.6%
PEG2.91x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹67 cr vs borrowings ₹5 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 15.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 3 years (FY26, FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 17% of net profit in the last 12 months.
- Debtor days went from 88 (FY24) to 100 (FY26).
- Dividend paid in 2 of the last 3 financial years.
- Price ₹1,901.70 on 2026-10-26: -16.8% from the 52-week high, +31.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹2,739.45 · low ₹1,487.30
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 133 | 136 | 153 | 136 | 153 | 162 | 181 | 178 |
| EBITDA | 17 | 24 | 28 | 16 | 21 | 16 | 24 | 25 |
| OPM % | 12.6% | 17.8% | 18.4% | 12.1% | 13.8% | 9.7% | 13.4% | 14.2% |
| Other income | 4 | -0 | 0 | 2 | 2 | 2 | 3 | 2 |
| Net profit | 12 | 13 | 15 | 9 | 15 | 9 | 16 | 16 |
| EPS (₹) | 10.99 | 12.14 | 14.04 | 8.69 | 13.92 | 8.20 | 14.60 | 14.90 |
| Revenue YoY | +14.7% | +19.7% | +18.3% | +31.0% | ||||
| Profit YoY | +26.8% | -32.4% | +4.1% | +71.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 559 | 553 | 632 | 674 |
| EBITDA | 100 | 88 | 77 | 86 |
| Net profit | 56 | 50 | 49 | 56 |
| EPS (₹) | 51.86 | 46.07 | 45.41 | 51.62 |
| Revenue growth | -1.2% | +14.4% | +20.9% | |
| Profit growth | -10.3% | -1.3% | +12.7% | |
| Dividend / share (₹) | – | 3.00 | 5.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +20.9% |
| Net profit | – | – | +12.6% |
| EPS | – | – | – |
| Share price | – | -4.7% (2y) | +5.2% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 250 | 298 | 354 |
| Borrowings | 14 | 3 | 5 |
| Cash & equivalents | 68 | 78 | 67 |
| Total assets | 414 | 446 | 549 |
| Fixed assets | 107 | 102 | 151 |
| Capital work in progress | 2 | 16 | 13 |
| Investments | 0 | 0 | 0 |
| Receivables | 136 | 134 | 173 |
| Inventory | 62 | 66 | 80 |
| Payables | 41 | 41 | 62 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 52 | 73 | 39 |
| Cash from investing | -19 | -44 | -59 |
| Cash from financing | -15 | -22 | -10 |
| Capex | 23 | 41 | 35 |
| Free cash flow | 29 | 32 | 4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 22.2% | 16.8% | 13.9% |
| ROCE % | 31.4% | 24.4% | 20.0% |
| Debtor days | 88 | 89 | 100 |
| Inventory days | 194 | 209 | 234 |
| Payable days | 126 | 130 | 181 |
| Cash conversion cycle (days) | 156 | 168 | 153 |
| Working capital days | 127 | 137 | 131 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 53.79% |
| FIIs | 0.84% |
| DIIs | 3.44% |
| of which Mutual funds | 0.49% |
| Public (non-institutions) | 41.93% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 53.62% | 53.62% | 53.62% | 53.62% | 53.61% | 53.61% | 53.61% | 53.79% |
| Promoter group | % |
|---|---|
| Manoj Joseph | 10.94% |
| Thomas John | 6.00% |
| Rajesh John | 6.00% |
| Celinamma John | 6.00% |
| Rosamma Joseph | 5.01% |
| Manesh Joseph | 4.59% |
| Maya Philip | 4.26% |
| Meena Joseph Kavil | 4.25% |
| Rithu Johnson | 4.08% |
| Sebastian Thomas | 2.45% |
| Winnie Manoj | 0.18% |
| Rosamma Joseph | 0.04% |
| Public holders above 1% | % |
|---|---|
| Girish Gulati HUF | 7.59% |
| Sunny P George | 3.43% |
| Mauryan India Fund | 1.84% |
| Mukul Mahavir Agrawal | 1.66% |
| Jyoti Anand Pethe | 1.57% |
| Orappanyil Joseph Lukose | 1.46% |
| Vadakkakara Antony George | 1.20% |
| Pankaj Prasoon | 1.05% |
7,737 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| THEJO | ₹2,063 cr | 36.8x | 5.8x | 17.2% | 22.1% | 12.8% | – | 0.26% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Service Units | ₹452 cr | 62.2% | ₹46 cr | 10.2% |
| Manufacturing Units | ₹243 cr | 33.4% | ₹50 cr | 20.4% |
| Others | ₹32 cr | 4.3% | ₹-1 cr | -2.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-18 | Dividend | Dividend - Rs 5 Per Share |
| 2025-08-22 | Dividend | Dividend - Rs 5 Per Share |
| 2024-08-22 | Dividend | Dividend - Rs 3 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY16
- Annual report FY15
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacture of rubber products
- Manufacturing: Manufacture of industrial machinery
- Manufacturing: Manufacture of adhesives
- Operation,Maintenance and Services: Maintenance and Repair Services
- Operation,Maintenance and Services: Supply of manpower
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | THEJO |
| BSE code | – |
| ISIN | INE121N01019 |
| Face value | ₹10.0 |
| Incorporated | 1986-03-26 |
| Website | www.thejo-engg.com |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.