Thirani Projects Limited

BSE: TPROJECT538464ISIN INE901C01017

Financial Services
Non Banking Financial Company (NBFC)

Share price

₹2.76-0.13 (-4.50%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹5.30
52W low: ₹2.46
Off 52W high: -47.92%
1M return: -14.81%
3M return: -16.11%
6M return: -37.56%
1Y return: -42.14%
20D avg volume: 4,133
50 DMA: ₹3.26
200 DMA: ₹3.82

Key ratios Standalone

Market cap: ₹5.58 Cr
Current price: ₹2.76
52W high / low: ₹5.30 / ₹2.46
Face value: ₹10.00
P/E: -2.28
P/B: 0.47
EPS (TTM): ₹-1.21
Book value / share: ₹5.87
ROE: -20.68%
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-0.17 Cr
Interest cover: 8.33
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	0.25	0.28	0.26	0.26	0.22	0.24	0.21	0.20	0.20	—
	0.00	0.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.25	0.32	0.26	0.26	0.22	0.24	0.21	0.20	0.20	—
	3.00	0.07	0.10	0.18	0.05	0.06	0.09	0.14	0.15	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.03	0.04	0.04	0.04	0.04	0.06	0.06	0.07	0.08	—
	0.02	0.03	-0.02	0.08	0.00	0.00	0.00	0.00	0.00	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	2.95	0.00	0.07	0.06	0.01	0.01	0.02	0.07	0.01	—
	-2.75	0.25	0.16	0.08	0.17	0.18	0.12	0.06	0.04	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	-2.75	0.25	0.16	0.08	0.17	0.18	0.12	0.06	0.04	—
	0.00	0.19	0.00	0.00	0.00	-0.34	—	—	—	—
	-2.75	0.06	0.16	0.08	0.17	0.51	0.12	0.06	0.04	—
	-1.36	0.03	0.08	0.04	0.08	0.25	0.06	0.03	0.02	—
Key metrics
	—	—	—	—	—	—	0.12	0.06	0.04	—
	—	—	—	—	—	—	57.10%	30.00%	20.00%	—
	-1,100.00%	21.40%	61.50%	30.80%	77.30%	212.50%	57.10%	30.00%	20.00%	—
	13.60%	16.70%	23.80%	30.00%	10.00%	—	—	—	—	—
	-1,717.60%	-88.20%	33.30%	33.30%	325.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1.05	1.02	0.85	—
	0.04	0.04	0.00	—
	1.09	1.06	0.86	—
	3.35	0.40	0.45	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	0.15	0.17	0.27	—
	0.11	0.09	0.00	—
	0.00	0.00	0.00	—
	3.08	0.14	0.17	—
	-2.26	0.66	0.41	—
	0.00	0.00	0.00	—
	-2.26	0.66	0.41	—
	0.19	0.19	-0.34	—
	-2.45	0.47	0.75	—
	-1.21	0.23	0.37	—
Key metrics
	-233.33%	46.10%	88.20%	—
	20.69%	20.00%	—	—
	-384.88%	-37.30%	—	—
	—	-0.18	-0.11	—
	—	-0.38	-0.15	—
	—	0.00	0.00	—
	—	-0.17	-0.07	—
Balance sheet
	—	15.55	13.99	—
	—	0.17	0.07	—
	—	0.00	—	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	12.88	12.46	—
Cash flow
	—	-0.18	-0.11	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	0.00	0.00	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +20.69%
Profit YoY (TTM): -384.88%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 0.00%

Quarter	September 2026	June 2026
Promoter %	0.00%	0.00%

Holder	Type	Holding	Previous	Change
MUKESH COMMERCIAL	Public	5.66%	5.66%	0.00%
ARNAV FINANCIAL SERVICES PRIVATE LIMITED	Public	4.95%	4.95%	0.00%
S K GROWTH FUND PVT LTD	Public	4.95%	4.95%	0.00%
GREATFIN LEASING & CREDIT LIMITED	Public	4.94%	4.94%	0.00%
UNIQUE BARTER PRIVATE LIMITED	Public	4.89%	4.89%	0.00%
FABER TREXIM PRIVATE LIMITED	Public	4.87%	4.87%	0.00%
VENKATESHWARA INDUSTRIAL PROMOTION CO LIMITED	Public	4.76%	4.76%	0.00%
SYMBIOX INVESTMENT & TRADING COMPANY LIMITED	Public	4.70%	4.70%	0.00%
SUNGOLD MERCHANDISE PRIVATE LIMITED	Public	4.66%	4.66%	0.00%
MALAY SHAILESHBHAI PATEL	Public	3.71%	3.71%	0.00%
DINESH KEDIA	Public	3.11%	3.11%	0.00%
STARROSE DEALER PRIVATE LIMITED	Public	2.76%	2.76%	0.00%
KLS COMMODITIES PRIVATE LIMITED	Public	2.22%	2.22%	0.00%
KAJOL SHAILESH PATEL	Public	2.13%	2.13%	0.00%
BHARATBHAI RAVATBHAI KHACHAR	Public	1.58%	1.58%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bajaj Finance Limited	6,18,269	993.05	28.02	—	+18.82% TTM	+18.85% TTM	-6.05%
Shriram Finance Limited	2,13,119	905.70	16.80	—	+13.76% TTM	+28.60% TTM	+13.74%
Tata Capital Limited	1,43,392	337.80	23.16	—	—	—	+2.57%
Cholamandalam Investment and Finance Company Ltd	1,42,265	1,659.05	22.87	—	+21.13% TTM	+33.94% TTM	-5.48%
MUTHOOT FINANCE LIMITED	1,08,792	2,709.85	8.83	—	+47.27% TTM	+70.66% TTM	-15.07%
L&T Finance Limited	66,033	263.45	19.22	—	+20.11% TTM	+27.39% TTM	-5.93%
SBI CARDS AND PAYMENT SERVICES LIMITED S	52,626	553.00	20.18	—	+5.81% TTM	+35.96% TTM	-37.17%
Piramal Finance Limited	45,975	1,942.90	24.08	—	—	—	—
SUNDARAM FINANCE LTD	44,403	3,996.55	27.42	—	—	—	-16.26%
Authum Investment & Infrastructure Limited	43,913	517.10	25.16	—	-24.30% TTM	-56.50% TTM	-10.17%
HDB FINANCIAL SERVICES LIMITED S	42,098	506.65	14.22	—	—	—	-30.70%
POONAWALLA FINCORP LIMITED	41,349	469.55	38.02	—	+75.12% TTM	+399.21% TTM	-0.70%
Mahindra & Mahindra Financial Services Limited	37,542	270.05	10.42	—	+14.94% TTM	+45.99% TTM	-15.21%
Manappuram Finance Limited	29,495	314.00	20.41	—	+4.79% TTM	+85.35% TTM	+17.85%
IIFL FINANCE LIMITED	24,697	578.65	9.35	—	+35.37% TTM	+157.78% TTM	+7.38%
Capri Global Capital Limited	23,121	240.30	17.65	—	+52.88% TTM	+82.77% TTM	+21.89%
Five-Star Business Finance Ltd. S	11,724	397.15	10.50	—	+8.28% TTM	+1.05% TTM	-39.17%
SBFC Finance Limited	9,820	88.32	28.37	—	+28.23% TTM	+45.63% TTM	-24.80%
PAISALO DIGITAL LIMITED	7,279	77.43	27.42	—	+23.60% TTM	+27.97% TTM	+101.17%
Bengal & Assam Company Limited	6,477	5,680.00	8.29	—	+12.05% TTM	+3.26% TTM	-25.74%
Fedbank Financial Services Limited S	5,923	157.85	13.66	—	+21.29% TTM	+76.56% TTM	+10.46%
Mrugesh Trading Ltd. S	5,665	78.41	—	-0.30%	+21.12% TTM	+94.74% TTM	+3,464.09%
SG FINSERVE LIMITED S	4,670	708.75	24.95	—	+104.57% TTM	+86.47% TTM	+85.76%
MAS Financial Services Limited	4,607	253.90	10.89	—	+22.72% TTM	+23.77% TTM	-19.01%
Northern Arc Capital Ltd.	4,481	276.95	9.38	—	+29.02% TTM	+70.21% TTM	+0.64%
Thirani Projects Limited S	6	2.76	-2.28	—	+20.69% TTM	-384.88% TTM	-42.14%

Filings & corporate actions

Recent announcements

Regulation 74(5) of SEBI (DP) Regulations, 201815 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Outcome of AGM held on 30th September, 202630 Sep 2026 · AGM/EGM / AGM
Evoting Result of AGM held on 30th September, 202630 Sep 2026 · AGM/EGM / AGM
Proceedings of AGM held on 30th September, 2026 at 1:00 PM30 Sep 2026 · AGM/EGM / AGM
Closure of Trading Window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Annual Report for the year ended 31st March, 20268 Sep 2026 · Others / Reg. 34 (1) Annual Report
Newspaper Publication for Annual General meeting to be held on 30.09.20267 Sep 2026 · Company Update / Newspaper Publication
Intimation of providing e-voting facility to shareholders5 Sep 2026 · AGM/EGM / AGM
Fixes Book Closure for AGM to be held on 30.09.20265 Sep 2026 · Corp. Action / Book Closure
Outcome of Board Meeting held on 05.09.20265 Sep 2026 · Board Meeting / Outcome of Board Meeting
Appointment of Company Secretary cum Compliance Officer2 Sep 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Appointment of Company Secretary and Compliance Officer2 Sep 2026 · Others / Outcome without intimation
Thirani Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/09/2026 ,inter alia, to consider and approve i. To fix the day, date, time ....31 Aug 2026 · Board Meeting / Board Meeting
Newspaper Publication for Un-audited Financial Result for the quarter ended 30th June, 202617 Aug 2026 · Company Update / Newspaper Publication
Regulation 32(1)14 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
RESULT FOR QUARTER ENDED 30.06.202614 Aug 2026 · Result / Financial Results
Submission of following documents for the quarter ended 30th June 2026 pursuant to SEBI (LODR) Regulations, 201514 Aug 2026 · Board Meeting / Outcome of Board Meeting
Thirani Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve 1. The Un-Audited Standalone ....10 Aug 2026 · Board Meeting / Board Meeting
Regulation under Regulation 74(5) of SEBI (DP) Regulations, 201810 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window27 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Result for Audited Financial Result for the year ended 31st March, 20262 Jun 2026 · Company Update / Newspaper Publication
Statement of Deviation for the quarter and year ended 31st March, 202629 May 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Resignation of Mr. Yogesh Sharma from the post of Company Secretary cum Compliance Officer w.e.f. 29.05.202629 May 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
The Company has not declared the dividend for the FY 2025-202629 May 2026 · Corp Action / Dividend Updates
results-financial results for 31st March, 202629 May 2026 · Result / Financial Results
Outcome of Board Meeting held on 29.05.202629 May 2026 · Board Meeting / Outcome of Board Meeting
Thirani Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve 1. The Audited Standalone ....26 May 2026 · Board Meeting / Board Meeting
Secretarial Compliance Report for the year ended 31st March, 202621 Apr 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Submission under Regulation 74(5) of SEBI (DP) Regulations, 201813 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window for the quarter and year ended 31st March, 202625 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication for Unaudited Financial Statement for the quarter ended 31st December, 202527 Jan 2026 · Company Update / Newspaper Publication
Non applicability of Regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended 31st December, 202522 Jan 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Outcome of Board Meeting held on 22nd January, 202622 Jan 2026 · Board Meeting / Outcome of Board Meeting
Results-Financial Results for 31st December, 202522 Jan 2026 · Result / Financial Results
Thirani Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/01/2026 ,inter alia, to consider and approve the Un-audited Financial Results ....19 Jan 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st December, 202513 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window29 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Approval of Promoter Reclassification18 Dec 2025 · Company Update / General
Newspaper Publication for Unaudited Financial Statement for the half year ended 30th September, 202517 Nov 2025 · Company Update / Newspaper Publication
Newspaper Publication for Unaudited Financial Statement for the half year ended 30th September, 202517 Nov 2025 · Company Update / Newspaper Publication

Board meetings

14 Aug 2026 Board Meeting - Financial Results