Thinking Hats Entertainment Solutions Peer Comparison

NSE: THESL

₹13.85

₹-0.70 (-4.81%)

As on 24-Sep-2026IST

Market cap

₹18 Cr

Revenue (TTM)

₹48 Cr

P/E Ratio

14.6

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)	18	680	339	198	138
Revenue (₹ Cr)	48	248	230	172	117
Net Profit (₹ Cr)	3.67	-17.45	15.06	20.18	8.41
Net Margin (%)	7.57	-7.02	6.46	11.61	7.18
RoE (%)	18.81	-3.64	13.08	33.56	23.49
Price to Earnings	14.61	--	22.48	10.08	11.01
Price-To-Book	0.65	1.56	2.66	2.84	2.07

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	47.67	167.18	235.75	171.55	116.50
Total Income	48.40	174.43	239.03	173.70	117.13
Total Expenditure	42.33	117.55	216.70	144.63	103.04
EBITDA	5.33	49.62	19.05	26.92	13.46
Depreciation	0.22	27.84	1.27	1.28	2.25
EBIT	5.12	21.78	17.78	25.64	11.21
Interest	0.62	8.05	1.32	0.76	0.24
Other Income	0.73	7.25	3.28	2.15	0.63
Exceptional Items	--	--	--	--	--
Profit before Tax	5.23	20.98	19.74	27.03	11.60
Provision for Tax	1.56	4.93	5.57	6.86	3.18
Profit after Tax	3.67	16.05	14.17	20.18	8.41

Liabilities (₹ Cr)

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Shareholder's Funds	27.97	463.22	108.96	70.79	43.47
Minority Interest	--	15.62	--	0.31	0.33
Non-Current Liabilities	3.11	71.82	6.71	1.16	0.53
Current Liabilities	19.20	58.34	23.39	77.70	9.00
Total Liabilities	50.28	609.00	139.06	151.03	53.82

Assets (₹ Cr)

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Non-Current Assets	17.98	481.19	41.48	11.84	12.24
Current Assets	32.30	127.81	97.58	138.13	41.10
Total Assets	50.28	609.00	139.06	151.03	53.82
Total Debt*	12.52	10.15	6.56	15.21	0.61
Net Current Assets	13.10	69.48	74.18	60.43	32.10
Contingent Liabilities	0.15	4.33	--	--	2.06

Cashflow (₹ Cr)

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Cash From Operating Activities	-1.52	32.54	-8.87	-17.50	4.93
Cash Flow from Investing Activities	-18.75	-242.51	-24.93	2.49	-2.93
Cash from Financing Activities	19.90	158.22	38.55	9.62	3.40
Net Cash Inflow / Outflow	-0.37	-51.75	4.75	-5.39	5.41

Ratios

Profitability Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
ROCE (%)	20.57	7.63	23.75	39.65	31.01
ROE (%)	18.81	4.43	17.89	33.56	23.49
ROA (%)	9.77	3.30	11.79	16.38	18.30
EBIT Margin (%)	12.73	34.02	9.47	16.95	12.10
Net Margin (%)	7.57	9.20	5.93	11.61	7.18
Cash Profit Margin (%)	8.14	26.26	6.55	12.51	9.16

Growth Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Revenue Growth (%)	78.99	82.51	-0.64	15.48	83.33
EBIT Growth (%)	19.62	76.95	-39.93	26.27	35.39
Net Profit Growth (%)	18.55	23.45	-45.87	31.34	34.49
EPS Growth (%)	-16.86	10.64	-51.61	33.27	25.22
Book Value Growth (%)	154.27	57.15	120.07	38.57	47.18

Valuation Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Price / Earnings	9.81	87.86	24.17	9.50	13.50
Price / Book Value	1.29	3.04	3.14	2.75	2.63
Dividend Yield (%)	0.00	0.19	0.61	0.82	0.00
EV/EBITDA	7.34	23.53	14.44	6.48	7.44
Market Cap (₹ Cr)	35.97	1,346.50	342.49	191.75	112.10

Solvency Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Debt to Equity	0.45	0.02	0.06	0.22	0.01
Short term debt to equity ratio	0.30	0.02	--	0.19	0.00
Current Ratio	1.68	2.19	4.17	1.78	4.57
Quick Ratio	1.68	1.98	4.17	1.78	4.20
Interest Coverage	9.43	3.61	15.93	36.62	49.04

Operating Efficiency Ratios

	Thinking Hats Entertainment Solutions	Praveg Communications	Mach Conferences And Events	E Factor Exper	Party Cruisers
Debtors to sales (%)	25.91	29.16	18.22	65.37	8.79
Asset Turnover	1.27	0.34	1.96	1.39	2.53
Receivable days	85.13	75.03	44.43	172.60	26.51
Inventory Days	0.00	26.54	0.00	0.00	10.58
Payable days	--	235.43	--	--	24.73
Cash Conversion Cycle	--	-133.85	--	--	12.36

Annual
Quarterly