Thirani Projects Ltd (TPROJECT) — shareholding pattern, promoter holding, financials and share price
About Thirani Projects Ltd (TPROJECT)
Thirani Projects Ltd operates in the Non Banking Financial Company (NBFC) industry, within the Financial Services sector. It trades on the NSE as TPROJECT and on the BSE under scrip code 538464. Its ISIN is INE901C01017.
Incorporated in 1983, Thirani Projects Ltd is in the business of Investing and Financing [1]
Thirani Projects Limited, established in 1983, is a Non-Banking Financial Company engaged in financial services and investing activities. It offers both short-term and long-term loans to its clients.
In 2010-11, Thirani Projects merged with Networth Vyapaar Private Limited, significantly expanding its operations by integrating all of Networth Vyapaar's business activities.
Listed peers in Non Banking Financial Company (NBFC): Rich Universe Network Ltd, Money Masters Leasing & Finance Ltd, Jayabharat Credit Ltd, Indo Credit Capital Ltd, BFL Asset Finvest Ltd, Voltaire Leasing & Finance Ltd.
Valuation & Returns
10 Jul 2026At ₹3.4 a share on 10 Jul 2026, Thirani Projects Ltd (TPROJECT) was valued at a price-to-earnings ratio of 14.62x against an industry P/E of 19.5x and a price-to-book of 0.55x on a book value of ₹6.17 per share as of Mar 2025. Solomo computes return on equity of 3.77% and return on capital employed of 5.8% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 14.62x
- Industry P/E
- 19.5x
- P/B
- 0.55x
- EPS (TTM)
- ₹0.23
- Book value / share
- ₹6.17
- ROE
- 3.77%
- ROCE
- 5.8%
- ROA
- 3.36%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- 72.55%
- 52-week range
- ₹3.31 – ₹7.44
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2013In the year ended Mar 2013, Thirani Projects Ltd (TPROJECT) reported revenue of ₹0.9 crore, net profit of ₹0.04 crore and earnings per share of ₹0.02. That compares with revenue of ₹0.16 crore and net profit of ₹0.01 crore in Mar 2012. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2012, revenue was ₹0.03 crore and net profit ₹-0.02 crore (consolidated).
| Metric | Mar 2012 | Mar 2013 |
|---|---|---|
| Revenue (₹ cr) | 0.16 | 0.9 |
| Net profit (₹ cr) | 0.01 | 0.04 |
| EPS (₹) | 0 | 0.02 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -6.55% | -2.06% | 0.93% | 462.50% |
| Profit growth | 11.58% | - | 73.89% | 300.00% |
| Stock price CAGR | - | 17% | 15% | -8% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 0% of Thirani Projects Ltd (TPROJECT) (unchanged from the previous quarter). Market capitalisation was ₹7 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2014.
Largest disclosed public shareholders in Jun 2026: MUKESH COMMERCIAL 5.66%, ARNAV FINANCIAL SERVICES PRIVATE LIMITED 4.95%, S K GROWTH FUND PVT LTD 4.95%, GREATFIN LEASING & CREDIT LIMITED 4.94%, UNIQUE BARTER PRIVATE LIMITED 4.89%, FABER TREXIM PRIVATE LIMITED 4.87%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 0% | - | - | - | 100% |
| Mar 2026 | 0% | - | - | - | 100% |
| Dec 2025 | 0% | - | - | - | 100% |
| Sep 2025 | 0% | - | - | - | 100% |
| Jun 2025 | 20.14% | - | - | - | 79.86% |
| Mar 2025 | 20.14% | - | - | - | 79.86% |
| Dec 2024 | 20.14% | - | - | - | 79.86% |
| Sep 2024 | 20.14% | - | - | - | 79.86% |