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NSE · THESL · Entertainment

Thinking Hats Entertainment Solutions Ltd.

ESM · ESM 1
19
market cap
P/E
18
EPS
₹1
Book value
₹23.39
ROE
ROCE
20.49%
Debt / equity
0.46

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

012.124.236.348.4Mar 22Mar 23Mar 24Mar 25
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹48 Cr with net profit ₹4 Cr — a 7.57% net margin, versus 11.58% the period before.

Shareholding

As of 2026-03-31

56.79%
promoter holding
  • Promoter56.79%
  • Public43.21%

427 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

78.29%56.79%Jun 24Mar 26

52-week position

Where the current price sits in its yearly band

11.41943.5

The band spans 3.82× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — ESM · ESM 1. Trading may carry price bands, periodic call auction or higher margins.

Peer comparison

Entertainment / Electronic Media Software · ranked #1 of 94 by market cap · medians across 50 industry peers

P/E
18vs 39.73 peer med
P/B
0.77vs 1.4 peer med
ROE %
vs 3.13 peer med
Margin %
vs 2.12 peer med
CompanyMkt capP/EP/BROEMargin
Sun TV Network Limited₹20,189 Cr13.521.611.39%33.21%
PVR Inox Limited₹11,110 Cr35.031.513.21%6.5%
Zee Entertainment Enterprises Ltd.₹10,717 Cr38.340.912.31%3.36%
Saregama India Limited₹10,048 Cr47.126.3512.23%21.03%
Tips Music Limited₹8,528 Cr39.7332.8183.38%54.48%
Network 18 Media & Investments Ltd.₹4,529 Cr0.9270.01%-1.36%
D.B.Corp Ltd.₹3,767 Cr60.561.5513.67%14.09%
Media Matrix Worldwide Limited₹1,614 Cr28524.058.73%46.54%
Jagran Prakashan Limited₹1,386 Cr81.630.690.1%0.11%
Den Networks Ltd.₹1,305 Cr33.770.344.38%0.17%
Thinking Hats Entertainment Solutions Ltd.(this company)190.81

AI analysis

AI-generated · google/gemini-2.5-flash

Thinking Hats Entertainment Solutions Ltd. (THESL) operates in the Entertainment sector. The company has a PE ratio of 19.05 and a book value of Rs 23.39. It reported an EPS of 1 and a ROCE of 20.49%. The debt-to-equity ratio stands at 0.46. Over the last 52 weeks, the share price has ranged from Rs 11.4 to Rs 43.5.

Positives

  • +Revenue has consistently grown, from Rs 12.452 Cr in Mar 2022 to Rs 48.4002 Cr in Mar 2025.
  • +Net profit increased from Rs 0.3721 Cr in Mar 2022 to Rs 3.665 Cr in Mar 2025.
  • +The Return on Capital Employed (ROCE) is 20.49%.

Negatives

  • Promoter holding decreased from 78.2859% in Jun 2024 to 56.7884% in Mar 2026.
  • Earnings per share (EPS) declined significantly from Rs 26.33 in Mar 2023 to Rs 3.94 in Mar 2024 and further to Rs 3.42 in Mar 2025.
  • The company is currently under ESM (Enhanced Surveillance Measure), specifically ESM 1.

Financial Performance

Thinking Hats Entertainment Solutions Ltd. has shown revenue growth over the past few years. Revenue increased from Rs 12.452 Cr in Mar 2022 to Rs 48.4002 Cr in Mar 2025. Net profit also rose from Rs 0.3721 Cr in Mar 2022 to Rs 3.665 Cr in Mar 2025. Earnings per share (EPS) grew from Rs 4.88 in Mar 2022 to Rs 3.42 in Mar 2025, although it saw a decline from Rs 26.33 in Mar 2023 to Rs 3.94 in Mar 2024.

Profitability & Returns

The company's Return on Capital Employed (ROCE) is reported at 20.49%. EBITDA has increased from Rs 0.4805 Cr in Mar 2022 to Rs 5.7662 Cr in Mar 2025. However, there has been a notable fluctuation in EPS, with a decrease from Rs 26.33 in Mar 2023 to Rs 3.94 in Mar 2024 and further to Rs 3.42 in Mar 2025.

Balance Sheet

Thinking Hats Entertainment Solutions Ltd. has a debt-to-equity ratio of 0.46. The book value per share is Rs 23.39. While the company's financial performance shows revenue growth, the debt-to-equity ratio indicates the proportion of debt used to finance assets relative to shareholders' equity.

Ownership & Pledges

As of March 31, 2026, promoters held 56.7884% of the company's shares, with no promoter pledges. Public shareholding was 43.2116%. The company reported no FII or DII holding and no institutional holding during this period. The number of shareholders as of March 31, 2026 was 427.

Regulatory & Surveillance

Thinking Hats Entertainment Solutions Ltd. is currently under the ESM (Enhanced Surveillance Measure) framework, specifically ESM 1. This indicates that the stock is subject to heightened monitoring by regulatory authorities, which may involve additional trading restrictions or reporting requirements.

Data as of — price: 2026-07-30 · financials: Mar 25 · shareholding: Mar 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

Back to Thinking Hats Entertainment Solutions Ltd.share price & fundamentals

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