Thakral Services India Ltd (509015)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Thakral Services' revenue was ₹0.2 Cr (+18.4% year on year, -49.8% on the previous quarter), and net profit ₹-0.0 Cr (a smaller loss than a year earlier); the operating margin was -84.7%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.2 | +18.4% | -49.8% |
| Operating profit | ₹-0.1 | loss widened | to loss |
| Net profit | ₹-0.0 | loss narrowed | to loss |
| EPS (₹) | -0.01 | loss narrowed | to loss |
| Operating margin | -84.7% | — | — |
📢 Recent Corporate Announcements
Thakral Services (India) Ltd announced that shareholders at the 43rd AGM held on September 21, 2026, approved the re-appointment of Mrs. Nirmala Sridhar as Managing Director. The reappointment is effective from October 1, 2026, to September 30, 2027, for a tenure of one year. Mrs. Sridhar, aged 66, has been serving as the Managing Director since October 1, 2021, and brings 39 years of banking industry experience. Financially, the company remains sub-scale with a market cap of ₹14 Cr and TTM revenue of ₹1 Cr.
- Re-appointment of Mrs. Nirmala Sridhar approved for a 1-year term from October 1, 2026, to September 30, 2027
- Approval granted by shareholders at the 43rd AGM on September 21, 2026
- Mrs. Nirmala Sridhar (age 66) has served as MD since October 1, 2021, and holds 39 years of banking experience
- Company reports no relationship between the Managing Director and other board directors
Thakral Services (India) Limited has released its 43rd Annual Report for FY2025-26 and scheduled its 43rd AGM on September 21, 2026 via VC/OAVM. Key agenda items include the adoption of FY26 financial statements and the re-appointment of Mrs. Nirmala Sridhar as Managing Director for a 1-year term (October 1, 2026 to September 30, 2027) on a monthly basic salary of Rs 96,200 plus Rs 94,140 allowances. The company's share transfer books will remain closed from September 15 to September 21, 2026. The company continues to operate on a very low revenue base (FY26 revenue of Rs 0.74 cr) with a negative net worth.
- 43rd Annual General Meeting convened for September 21, 2026 at 11:30 AM IST via Video Conferencing.
- Proposed re-appointment of Managing Director Nirmala Sridhar from October 1, 2026 to September 30, 2027 at a monthly basic salary of Rs 96,200 plus Rs 94,140 allowances.
- Book closure dates fixed from September 15, 2026 to September 21, 2026 (both days inclusive).
- Trade payables stood at Rs 127.80 lakh as of March 31, 2026 compared to Rs 134.99 lakh in the prior year.
- FY26 revenue was Rs 0.74 cr with net loss of Rs 0.03 cr and negative net worth of Rs -9 cr.
Thakral Services (India) Limited has scheduled its 43rd Annual General Meeting (AGM) for Monday, September 21, 2026, at 11:30 AM IST via Video Conferencing/OAVM. The cut-off date to determine shareholder eligibility for remote e-voting is September 14, 2026. The remote e-voting window will open on September 18, 2026 (9:00 AM) and conclude on September 20, 2026 (5:00 PM). The register of members and share transfer books will remain closed from September 15, 2026, to September 21, 2026.
- 43rd Annual General Meeting scheduled for September 21, 2026, at 11:30 AM IST via VC/OAVM
- Record/Cut-off date for e-voting eligibility set as September 14, 2026
- Book closure period runs from September 15, 2026, to September 21, 2026 (both days inclusive)
- Remote e-voting period opens September 18, 2026 (9:00 AM) and closes September 20, 2026 (5:00 PM)
Thakral Services reported revenue from operations of ₹16.58 lakh for the quarter ended June 30, 2026, up 15.7% YoY from ₹14.33 lakh, but down 49.3% QoQ from ₹32.69 lakh. The company posted a net loss of ₹1.28 lakh compared to a net profit of ₹12.29 lakh in Q4 FY26 and a loss of ₹7.51 lakh in Q1 FY26. Statutory auditors issued a qualified conclusion regarding unapplied Ind AS 109 discounting on ₹812.51 lakh of interest-free loans and an unprovided EPFO demand of ₹60.36 lakh. Furthermore, auditors highlighted material uncertainty over going concern given accumulated losses of ₹1,274.15 lakh and fully eroded net worth.
- Revenue from operations stood at ₹16.58 lakh compared to ₹14.33 lakh in Q1 FY26 and ₹32.69 lakh in Q4 FY26
- Net loss for the quarter was ₹1.28 lakh versus a net profit of ₹12.29 lakh in the preceding quarter
- Accumulated losses stood at ₹1,274.15 lakh as of June 30, 2026, leading to negative net worth
- Auditors issued a qualified conclusion regarding ₹812.51 lakh of interest-free loans and a ₹60.36 lakh EPFO demand
Thakral Services India Ltd has scheduled a board meeting for August 14, 2026, to discuss an update to its machinery. This announcement comes at a time when the company reports a very low TTM revenue of Rs 1 Cr and a negative net worth of Rs -9 Cr. Given the micro-cap size of Rs 17 Cr, any operational changes are worth noting, though the specific financial impact of this 'update' is not disclosed. Investors should wait for the meeting outcome to assess if this involves significant capital expenditure or capacity changes.
- Board meeting is scheduled to take place on 14/08/2026
- The company reported a TTM revenue of only Rs 1 Cr
- The company's net worth is currently negative at Rs -9 Cr
- Promoter stake is high at 74.0% as of the latest quarter
- The market capitalization of the company is approximately Rs 17 Cr
Thakral Services India Ltd has scheduled a board meeting on August 14, 2026, to consider and approve financial matters, likely quarterly results. The company is a micro-cap with a market capitalization of ₹17 Cr and faces significant financial stress, including a negative net worth of ₹9 Cr. TTM revenue is extremely low at ₹1 Cr with an operating margin of -52.7%. The promoter holding remains stable at 74.0%, but the company's debt of ₹8 Cr is high relative to its negative equity base.
- Board meeting convened on August 14, 2026, for financial approvals
- Company reports a negative net worth of -₹9 Cr as per latest context
- TTM revenue stands at a minimal ₹1 Cr against a debt of ₹8 Cr
- Promoter holding is maintained at 74.0% as of June 2026
- Operating profit margin (TTM) is significantly negative at -52.7%
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