Thinking Hats Entertainment Solutions Ltd

THESL

Summary

Fair Value Assessment
Undervalued (25% Discount)
Fair ValueQ44.01UncertaintyVery High
Close Price33.00Mar 26, 2025
32.00
Price Down by 1.00 | 3.03 %
Previous Close
33.00
Day Range
32.00 – 33.10
Year Range
25.70 – 61.00
Bid / Ask
30.50 × 33.1
Market Cap
399.6 Mil
Volume / Average
204.0 k / 19.6 k
Beta
Shares Outstanding
12.49 Mil
Primary Exchange
National Stock Exchange of India

Business Description
Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.
Contact
5th Floor, B 9 Pinnacle Business Park Sector 3 Noida, Noida, UP 201301
T +91 9810334264
www.thes.in opens in a new tab
Sector
Communication Services
Industry
Advertising Agencies
Most Recent Earnings
Mar 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
35

Key Metrics

Income Statement (in Mil, except ratios)
03/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
266.32 266.32 221.48 116.02
Revenue Growth %
20.25% 20.25% 90.90%
Gross Profit
90.58 90.58 62.91 18.88
Gross Profit Margin %
34.01% 34.01% 28.41% 16.27%
Operating Income
48.86 48.86 28.21 -3.67
Operating Margin %
18.35% 18.35% 12.74% -3.16%
EBIT
48.42 48.42 28.74 4.34
EBIT Margin %
18.18% 18.18% 12.98% 3.74%
EBITDA
50.10 50.10 29.78 4.94
EBITDA Margin %
18.81% 18.81% 13.44% 4.26%
Net Income
30.92 30.92 20.08 3.72
Net Profit Margin %
11.61% 11.61% 9.07% 3.21%
Basic EPS
2.48 2.48 1.61 0.30
Diluted EPS
2.48 2.48 1.61 0.30
Normalized EPS
Total Dividends per Share
Balance Sheet (in Mil, except ratios)
03/31/2024
03/2024
03/2023
03/2022
03/2020
Total Assets
240.32 240.32 145.68 64.11
Total Liabilities
130.34 130.34 88.36 26.87
Total Debt
54.35 54.35 41.37 2.92
Total Equity
109.99 109.99 57.33 37.25
Cash And Cash Equivalents
5.71 5.71 2.53 4.65
Working Capital
96.99 96.99 47.89 29.08
Shares Outstanding (Mil)
12.49 12.49
Book Value Per Share
Total Debt To Equity
0.49 0.49 0.72 0.08
Cash Flow Statement (in Mil, except ratios)
03/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
14.51 14.51 23.36 9.79
Cash From Investing Activities
-40.81 -40.81 -56.16 -15.06
Cash From Financing Activities
29.48 29.48 30.68 2.66
Capital Expenditures
0.89 0.89 12.47 1.08
Free Cash Flow
36.86 36.86 8.41 4.07
Change in Cash
3.18 3.18 -2.12 -2.62

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership


© Copyright 2025 Morningstar, Inc. All rights reserved.
Terms of Use    Privacy Policy
© Copyright 2025 Morningstar, Inc. All rights reserved. Please read our Terms of Use above. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
As of December 1st, 2023, the ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
Company: Morningstar India Private Limited; Regd. Office: 9th floor, Platinum Technopark, Plot No. 17/18, Sector 30A, Vashi, Navi Mumbai – 400705, Maharashtra, India; CIN: U72300MH2004PTC245103; Telephone No.: +91-22-61217100; Fax No.: +91-22-61217200; Contact: Morningstar India Help Desk (e-mail: helpdesk.in@morningstar.com) in case of queries or grievances.
Top