Thakral Corporation Ltd reported net profit attributable to shareholders of 170.9 million Singapore dollars for FY2025, a 493 percent increase from the previous year, according to a presentation released on Mar, 31 2026.
Group revenue grew 42 percent year-on-year to 411.3 million Singapore dollars, while earnings per share advanced to 1.35 Singapore dollars. Gross margin widened to 27.5 percent from 18.8 percent.
Net asset value per share rose to 2.60 Singapore dollars as at Dec, 31 2025, compared with 1.28 Singapore dollars a year earlier. The board declared total dividends of 6.5 Singapore-cent per share for the year, implying a 4.1 percent yield based on the share price at Dec, 31 2025.
Segmentally, the Lifestyle division contributed 44.3 million Singapore dollars in results, up 139 percent year-on-year, driven by beauty, fragrance and drone distribution activities in South Asia and Greater China. The Investment segment delivered 153.8 million Singapore dollars, lifted by fair-value gains from listed investees GemLife Communities Group and The Beauty Tech Group.
The company also highlighted an agreement signed on Jan, 23 2026 to acquire an additional 81.64 percent interest in India-based TIL Investments for 93.9 million Singapore dollars, raising its stake to 95.28 percent. The deal, subject to shareholder approval, will be settled through cash and new Thakral shares priced at 1.8128 Singapore dollars each, representing a 10 percent premium to the 20-day volume-weighted average price.
Following the acquisition, Thakral plans to develop a 21-acre mixed-use project in Gurugram comprising residential apartments, a hospital and a wellness centre under a revenue-sharing model aimed at generating recurring income.
As at Feb, 25 2026, Thakral’s market capitalisation stood at 219.6 million Singapore dollars, with the stock trading at 0.67 times book value and 1.29 times historical earnings.