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Price
PE Ratio
Price

Overview

Detailed Summary
  • Key insightKey insight

    Thejo Engineering Limited is a four-decade old, integrated engineering solutions provider focused on bulk material handling, mineral processing and corrosion protection, delivering products, special machinery and high-skill on‑site technical services with a recurring O&M footprint across mining, cement, steel and related core industries in India and six international markets.

  • Key insightKey insight

    Thejo’s business mix is skewed toward services (57%) with engineered products at 43% and roughly 30% revenue from export markets; the company highlights a DSIR‑approved R&D centre, 25-plus patents and an international footprint spanning subsidiaries and workshops in Australia, Saudi Arabia, UAE, Chile and Brazil, underpinning growth and differentiated technical capability.

  • Key insightKey insight

    Financially, Q3FY26 revenue rose to Rs 16,225 lakhs with 9MFY26 revenue at Rs 45,092 lakhs, while EBITDA and PAT have shown pressure: EBITDA margins contracted to 12.3% in Q3FY26 and 9MFY26 PAT declined year-on-year, reflecting higher employee and other operating expenses and increased depreciation linked to capacity build‑out.

  • Key insightKey insight

    Strategically, Thejo leverages high‑entry barrier engineered rubber, linings and specialty machinery with sticky long‑term rate contracts and 45+ service locations, and it recently completed cross-border acquisitions and won a notable UAE government order—actions that materially strengthen international service capability and recurring revenue potential.

Sector

Engineering

Industry

Engineering - Heavy - Material Handling

Market Cap

1,749 Cr

Volatility

Low Risk

P/E Ratio

36.0

Industry P/E

24.8

PEG Ratio

1.8

P/B Ratio

5.4

52W High

2,485.80

52W Low

1,446.00

Financial Ratios

Sales CAGR

1Y
-1.19%
3Y
16.29%
5Y
16.69%
10Y
11.67%

Profit CAGR

1Y
-11.91%
3Y
19.58%
5Y
29.48%
10Y
27.57%

ROE

TTM
16.39%
3Y
16.98%
5Y
17.69%
10Y
16.95%

ROCE

TTM
21.56%
3Y
22.46%
5Y
23.85%
10Y
24.66%

Financial Statements

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Consolidated Quarterly Results (in ₹ Crores)

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Total Figures
QoQ Changes
Total Figures
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales134150141131133136153136153162
Expenses111121115112117111125119132144
Operating Profit23292518172428162118
OPM %17.2119.3818.1114.1112.6517.8318.4212.0613.7611.38
Other Income0.312.03-0.290.694.04-0.080.432.322.21-1.03
Interest1.661.601.411.461.391.141.231.451.101.31
Depreciation4.755.235.864.494.874.765.243.912.194.37
Profit Before Tax17241813151822132012
Tax %20.2821.9925.0327.0516.1823.9125.2126.6729.4128.60
Net Profit1419139.611214179.76148.39
EPS in Rs12.0015.8511.488.8910.9812.1314.048.6913.928.20

Consolidated Profit Loss (in ₹ Crores)

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Total Figures
YoY Changes
Total Figures
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales185222229304327424474559553558
Expenses161194198255277356415459465472
Operating Profit242831495069591008886
OPM %13.0712.7813.7116.0415.3716.1912.5317.9315.8615.35
Other Income0.340.781.120.592.701.243.133.225.076.71
Interest5.755.594.534.593.693.154.616.435.235.21
Depreciation5.355.426.476.338.761112201919
Profit Before Tax9.28172238415646776868
Tax %33.4723.2431.3420.9727.3424.4623.9722.5123.2723.21
Net Profit6.18131530294335595252
EPS in Rs29.8351.0546.0344.85
Dividend Payout %20.8712.4312.866.9324.085.736.675.8310.86

Consolidated Balance Sheet (in ₹ Crores)

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Total Figures
YoY Changes
Total Figures
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital3.433.433.433.443.463.5211111111
Reserves4652627498125154186240287
Borrowings37382828301838454330
Other Liabilities564458618495100123121119
Total Liabilities143138152167215241303364414446
Fixed Assets30293234324666112108103
CWIP0.311.061.270.230.140.850.731.852.2416
Investments0.000.010.010.000.000.000.000.000.000.00
Other Assets112107118133183194236251303328
Total Assets143138152167215241303364414446

Consolidated Cash Flows (in ₹ Crores)

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Total Figures
YoY Changes
Total Figures
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity4.02122420195227595273
Cash from Investing Activity-3.85-5.05-8.01-6.42-4.63-13-15-51-19-44
Cash from Financing Activity-3.92-3.72-15-8.60-1.63-31-0.04-8.07-15-22
Net Cash Flow-3.762.860.754.92138.12130.00175.75

Documents

Presentations
Concalls
Reports
Presentations
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Investor Presentation

Q3 FY26

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Investor Presentation

Q2 FY26

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Investor Presentation

Q1 FY25

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Frequently Asked Questions about Thejo Engineering Ltd

Thejo Engineering Ltd (THEJO) is currently trading at 1,612.50 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Thejo Engineering Limited is a four-decade old, integrated engineering solutions provider focused on bulk material handling, mineral processing and corrosion protection, delivering products, special machinery and high-skill on‑site technical services with a recurring O&M footprint across mining, cement, steel and related core industries in India and six international markets. Thejo’s business mix is skewed toward services (57%) with engineered products at 43% and roughly 30% revenue from export markets; the company highlights a DSIR‑approved R&D centre, 25-plus patents and an international footprint spanning subsidiaries and workshops in Australia, Saudi Arabia, UAE, Chile and Brazil, underpinning growth and differentiated technical capability. Financially, Q3FY26 revenue rose to Rs 16,225 lakhs with 9MFY26 revenue at Rs 45,092 lakhs, while EBITDA and PAT have shown pressure: EBITDA margins contracted to 12.3% in Q3FY26 and 9MFY26 PAT declined year-on-year, reflecting higher employee and other operating expenses and increased depreciation linked to capacity build‑out. Strategically, Thejo leverages high‑entry barrier engineered rubber, linings and specialty machinery with sticky long‑term rate contracts and 45+ service locations, and it recently completed cross-border acquisitions and won a notable UAE government order—actions that materially strengthen international service capability and recurring revenue potential.

Over the past 52 weeks, Thejo Engineering Ltd has traded between a low of ₹1,446.00 and a high of ₹2,485.80. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Thejo Engineering Ltd has a market capitalization of approximately 1,749.10. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Thejo Engineering Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 35.96 and operates in the Engineering sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 1,749.10 Cr, Thejo Engineering Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Thejo Engineering Ltd operates in the Engineering sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Thejo Engineering Ltd is 35.96. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.