Thacker and Company Limited has fulfilled its quarterly regulatory obligations by submitting the mandatory compliance certificate under SEBI (Depository and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 7, 2026, ensuring adherence to prescribed timelines.

Regulatory Compliance Details

The certificate was submitted under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018, which governs the dematerialization process of physical securities. Company Secretary and Compliance Officer Siddhi Kul, holding ICSI Membership No. A76672, signed the submission letter digitally on April 7, 2026.

Registrar Confirmation

Satellite Corporate Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 6, 2026. The registrar, registered under Category-I with registration number INR000003639, confirmed compliance with dematerialization requirements.

The certificate validates two critical compliance aspects:

• Securities comprised in the certificates have been listed on stock exchanges
• Physical certificates have been duly verified, mutilated, and cancelled with the depository name substituted as the registered owner in company records

Administrative Framework

The submission follows established corporate governance protocols, with the certificate being forwarded to BSE Limited's Corporate Relationship Department at Phiroze Jeejeebhoy Towers, Mumbai. This quarterly filing ensures transparency in the dematerialization process and maintains investor confidence in the company's adherence to regulatory standards.

The compliance certificate represents part of the ongoing regulatory framework that governs securities market operations, ensuring proper handling of physical share certificates during the dematerialization process while maintaining accurate records of ownership transfers.

Thacker and Company Limited has announced its unaudited financial results for the quarter and nine months ended 31st December 2025, demonstrating solid profitability growth despite mixed operational performance. The Mumbai-based company, which operates across investment & finance, business centre, and trading segments, reported encouraging profit margins while navigating challenging market conditions.

Financial Performance Overview

The company's standalone financial results for Q3FY26 showed notable improvement in bottom-line performance. Net profit increased to ₹62.89 lakhs compared to ₹52.84 lakhs in the corresponding quarter of the previous year, marking a growth of 19.05%. This improvement was achieved despite a marginal increase in total income from operations.

Nine-Month Performance Analysis

For the nine-month period ended 31st December 2025, Thacker and Company Limited maintained consistent growth momentum. Net profit reached ₹250.83 lakhs, representing a 16.47% increase from ₹215.35 lakhs in the corresponding period of the previous year. Total income from operations for the nine-month period stood at ₹456.61 lakhs compared to ₹418.27 lakhs in the previous year.

Segment-wise Revenue Performance

The company's diversified business model spans three key segments. The Investment & Finance segment generated revenue of ₹35.68 lakhs in Q3FY26, significantly higher than ₹21.51 lakhs in Q3FY25. The Business Centre segment contributed ₹81.68 lakhs compared to ₹102.56 lakhs in the previous year quarter. The Trading Business segment, focusing on other products, contributed ₹8.11 lakhs in Q3FY26.

Consolidated Results and Associate Performance

Consolidated financial results, which include the company's share of profits from associate companies AMJ Land Holdings Limited and Pudumjee Paper Products Limited, showed substantial performance. Consolidated net profit after taxes and share of profit from associates reached ₹387.59 lakhs in Q3FY26 compared to ₹379.56 lakhs in Q3FY25. The share of profit from associates contributed ₹324.69 lakhs in Q3FY26.

Operational Efficiency and Cost Management

Total expenses for Q3FY26 decreased to ₹47.27 lakhs from ₹54.79 lakhs in the corresponding quarter of the previous year, reflecting improved operational efficiency. Employee benefits expense reduced to ₹2.21 lakhs from ₹3.61 lakhs, while depreciation and amortisation expense decreased to ₹29.49 lakhs from ₹31.72 lakhs. Other expenses also declined to ₹15.27 lakhs from ₹19.33 lakhs in the previous year quarter.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 12th February 2026. The limited review under Regulation 33 of SEBI regulations was conducted by statutory auditors P R Agarwal & Awasthi Chartered Accountants.