Thejo Engineering Ltd.

Thejo Engineering Ltd.

NNSE:THEJO
1,933.20
INR
-34.80
(-1.77%)
50.07EPS
37.17P/E
20.81BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
154.82
180.49
169.89
175.14
214.29
221.66
292.64
312.35
398.58
443.74
520.92
508.5
581.87
621.44
Basic EPS, GAAP
3.04
-0.22
0.21
5.59
10.73
12.96
24.3
25.31
35.41
30.35
51.86
46.07
45.41
51.62
Free Cash Flow per Basic Share
-8.6
-4.52
-0.59
6.13
14.82
12.79
14.09
37.54
11.86
8.58
27.28
29.35
3.83
- -
Dividend per Share
- -
- -
- -
- -
1.4
1.61
2.01
1.66
2
2.71
2
3
5
- -
Book Value per Share
51.82
49.68
48.28
54.3
63.83
75.14
95.89
121.91
154.83
183.45
232.51
274.55
326.73
- -
Tangible Book Value per Share
51.69
49.23
47.88
53.97
63.58
74.83
95.67
121.78
154.6
182.82
231.2
274.02
326.1
- -
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
11
11
11
11
11
11
Sales/Revenue/Turnover
1,595
1,859
1,750
1,804
2,207
2,284
3,027
3,264
4,235
4,740
5,589
5,507
6,311
6,741
Operating Margin (%)
6.75
3.08
4.33
8.62
10.14
11.4
14.18
12.72
13.8
10.04
14.3
12.43
10.32
10.75
Depreciation Expense
37
62
57
53
54
65
63
88
105
122
204
194
150
165
Net Income, GAAP
31
-2
2
58
111
134
251
265
376
324
556
499
493
560
Effective Tax Rate (%)
79.13
1,242.73
149.32
33.47
23.24
31.34
20.97
27.34
24.46
23.97
22.51
23.27
26.79
26.88
Profit Margin (%)
1.97
-0.12
0.12
3.19
5.01
5.85
8.3
8.1
8.88
6.84
9.96
9.06
7.8
8.31
Working Capital
178
230
226
277
405
526
845
1,045
1,478
1,432
1,942
2,077
2,265
- -
LT Debt
26
67
80
52
98
76
192
116
334
379
341
255
338
- -
Total Equity
544
541
519
584
703
837
1,113
1,440
1,857
2,195
2,726
3,203
3,789
- -
Return on Invested Capital (%)
1.63
-2.61
-0.8
10.23
16.45
15.77
24.6
18.76
22.6
14.67
21.59
15.7
11.88
- -
Return on Capital (%)
7.04
-59.45
-1.24
8.78
12.14
12.98
16.53
15.79
17.61
13.18
19.14
15.14
13.61
- -
Return on Common Equity (%)
6
-0.44
0.42
10.9
18.17
18.65
28.4
23.19
25.63
17.94
24.92
18.21
15.11
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
71
- -
LT Borrowings
- -
14
- -
LT Finance Leases
- -
324
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
18,924
15,809
20,812

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
3,594
- -
Cash, Cash Equivalents & STI
- -
630
- -
Accounts Receivable, Net
- -
1,734
- -
Inventories
- -
799
- -
Total Current Liabilities
- -
1,329
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
71
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.15%
21.43%
18.3%
Free Cash Flow
-79.39%
9.21%
-86.93%
Net Income, GAAP
291.87%
17.69%
-1.27%
Sales/Revenue/Turnover
14.2%
14.55%
14.6%
Total Cash Common Dividend
- -
30.26%
66.72%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,305
1,334
1,356
1,532
5,507
2026
1,356
1,531
1,623
1,812
6,311
2027
1,776
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8.9
10.99
12.14
14.04
46.07
2026
8.69
13.92
8.2
14.6
45.41
2027
14.9
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Manoj Joseph
Full Time Employees
2,709
Sector
Distribution services
Industry
Wholesale distributors
Address
VDS House Chennai TN India 600086
IPO Date
Sep 18, 2012
Business
Thejo Engineering Limited specializes in delivering comprehensive engineering solutions, encompassing the design, production, marketing, and servicing of rubber and polyurethane-based engineered products. These solutions are vital for bulk material handling systems, mineral processing, and corrosion protection applications, serving clients both within India and across international markets. The company operates through core segments dedicated to Manufacturing, Service provision, and other specialized areas. Its extensive product and service portfolio includes a wide range of conveyor care solutions, such as belt splicing and repair chemicals, advanced vulcanizing equipment, pulley protection systems, various handling equipment, and specialized tools for splicing and repair tasks. Thejo also offers innovative transfer point solutions, including highly effective belt cleaners and trackers, impact cushioning pads, robust skirt sealing systems, and custom-engineered chutes, alongside comprehensive associated services. The company’s offerings further extend to dust suppression technologies, featuring high-pressure fogging systems, and flow promotion products like G-force and BAZOOKA air blasters. For abrasion and wear protection, it provides durable mill liners, bulk flow chutes, wear-resistant panels and sheetings, pump components, rubber hoses and fittings, and rubber-lined pipes. Thejo also supplies screening solutions and related services, covering scalping, sizing, dewatering, flip-flow, trommel, and grater screening media, in addition to filtration products and services with rubber, engineered plastic, and metallic spares. In the realm of corrosion protection, the company offers rubber sheetings, primers, adhesives, repair putties, expansion joints and bellows, and PTFE linings, complemented by expert fabrication and lining services. Beyond products, Thejo provides essential installation, operation, and maintenance (O&M) services for conveyor belts and allied systems, as well as project execution services. These advanced engineering solutions cater to a diverse clientele in critical sectors such as mining, mineral processing, aggregates, sand and gravel, power generation, metal manufacturing, chemical and fertilizer production, cement, paper and pulp, food and grain industries, along with ports and terminals. Founded in 1974, with its headquarters in Chennai, India, Thejo Engineering has expanded its global footprint through subsidiaries in Australia, Saudi Arabia, Brazil, and Chile. Recent strategic developments include the inauguration of an expanded manufacturing facility in Chennai in March 2023, significantly increasing its capacity for moulded and extruded products, and the establishment of a new subsidiary, TE Global FZ-LLC, in the UAE in October 2023, aimed at enhancing market reach in the Middle East, Europe, and Africa. The company also transitioned to the Main Board of the National Stock Exchange of India in October 2023 and announced plans in November 2025 for further manufacturing capacity expansion of approximately 2,600 tonnes per annum.