Thinking Hats Entertainment Solutions Peer Comparison

NSE: THESL

₹12.55

₹-0.65 (-4.92%)

As on 09-Nov-2026IST

Market cap

₹16 Cr

Revenue (TTM)

₹24 Cr

P/E Ratio

13.2

P/B Ratio

0.6

Div. Yield

0 %

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	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Market cap (₹ Cr)	16	541	482	243	126
Revenue (₹ Cr)	24	254	230	180	147
Net Profit (₹ Cr)	1.24	-28.37	15.06	18.35	12.65
Net Margin (%)	5.18	-11.12	6.46	10.10	8.56
RoE (%)	4.35	-6.33	13.08	21.69	25.76
Price to Earnings	13.25	--	31.98	12.35	10.02
Price-To-Book	0.56	1.31	3.55	3.48	1.58

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Operating Revenue	23.52	240.94	230.45	180.21	146.83
Total Income	24.04	242.44	233.29	181.67	147.78
Total Expenditure	21.15	183.39	210.80	154.30	128.44
EBITDA	2.37	57.56	19.65	25.90	18.39
Depreciation	0.44	48.80	1.56	1.25	1.80
EBIT	1.93	8.75	18.09	24.65	16.59
Interest	0.82	14.49	1.02	1.38	0.20
Other Income	0.52	1.49	2.84	1.47	0.95
Exceptional Items	--	-0.91	--	--	--
Profit before Tax	1.62	-5.16	19.92	24.73	17.34
Provision for Tax	0.38	4.81	4.85	6.38	4.69
Profit after Tax	1.24	-9.97	15.06	18.35	12.65

Liabilities (₹ Cr)

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Shareholder's Funds	29.21	449.15	121.36	94.98	56.50
Minority Interest	--	17.15	1.64	--	0.46
Non-Current Liabilities	2.21	127.44	5.36	1.45	-0.53
Current Liabilities	16.51	121.76	54.51	61.62	17.39
Total Liabilities	47.94	715.50	183.04	158.30	74.74

Assets (₹ Cr)

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Non-Current Assets	25.01	545.47	42.00	23.26	11.04
Current Assets	22.92	170.03	140.86	134.78	62.78
Total Assets	47.94	715.50	183.04	158.30	74.74
Total Debt*	10.82	58.80	5.60	26.79	0.08
Net Current Assets	6.41	48.27	86.36	73.17	45.38
Contingent Liabilities	0.15	17.97	--	--	2.06

Cashflow (₹ Cr)

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Cash From Operating Activities	3.35	59.91	7.52	-0.43	4.19
Cash Flow from Investing Activities	0.59	-129.99	4.96	-12.78	0.34
Cash from Financing Activities	-2.48	75.77	-7.36	11.99	-0.65
Net Cash Inflow / Outflow	1.46	5.70	5.13	-1.22	3.87

Ratios

Profitability Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
ROCE (%)	6.07	1.90	17.27	24.83	34.85
ROE (%)	4.35	-2.24	13.08	21.69	25.76
ROA (%)	2.53	-1.51	9.36	11.91	19.90
EBIT Margin (%)	12.27	24.51	9.76	15.19	13.17
Net Margin (%)	5.18	-4.11	6.46	10.10	8.56
Cash Profit Margin (%)	7.17	16.12	7.21	10.88	9.84

Growth Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Revenue Growth (%)	-50.65	44.13	-2.25	10.11	26.04
EBIT Growth (%)	-52.41	3.82	0.73	-2.30	37.26
Net Profit Growth (%)	-66.05	-162.12	6.28	-8.90	50.35
EPS Growth (%)	-66.05	-175.24	6.28	-9.20	50.57
Book Value Growth (%)	4.45	1.44	11.39	24.84	30.27

Valuation Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Price / Earnings	12.04	0.00	15.87	12.24	7.17
Price / Book Value	0.51	1.07	1.97	2.39	1.62
Dividend Yield (%)	0.00	0.27	0.44	0.70	0.00
EV/EBITDA	8.28	8.45	9.46	8.46	3.59
Market Cap (₹ Cr)	14.98	478.63	239.09	224.54	90.06

Solvency Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Debt to Equity	0.37	0.13	0.05	0.29	0.00
Short term debt to equity ratio	0.23	0.09	--	0.27	--
Current Ratio	1.39	1.40	2.58	2.19	3.61
Quick Ratio	1.39	1.29	2.58	2.19	3.46
Interest Coverage	2.97	0.64	20.57	18.87	86.90

Operating Efficiency Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Debtors to sales (%)	49.26	32.04	21.28	56.48	15.09
Asset Turnover	0.48	0.36	1.43	1.17	2.31
Receivable days	185.71	95.41	72.85	215.66	40.26
Inventory Days	0.00	18.64	0.00	0.00	7.32
Payable days	--	275.68	--	--	47.98
Cash Conversion Cycle	--	-161.63	--	--	-0.40

Annual
Quarterly