Thinkthrough Consulting

New Delhi, India Founded: 2014 • Age: 12 yrs Listed
Provides comprehensive HR, supply chain, legal, IT, and operations advisory services.
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About Thinkthrough Consulting

Thinkthrough Consulting is a publicly listed company based in New Delhi (India) founded in 2014. It provides comprehensive HR, supply chain, legal, IT, and operations advisory services. It operates on a B2B model. The company has 66 employees. Its Indian entity Jindal Saw Limited reported revenue of ₹18,006 Cr. Its focus areas include Consulting, Advisory Services and HR and Operations.

Company details

Thinkthrough Consulting operates with a B2B model, focusing on offering consulting services, providing business support, providing advisory services, and hr and operations. Provides comprehensive HR, supply chain, legal, IT, and operations advisory services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

  • Headquarters New Delhi, India
  • Employees 66
  • Stage Public
  • Sectors
    Business Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website ttcglocal.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Jindal Saw Limited
  • Date of Incorporation 31 Oct, 1984
  • Jurisdiction Uttar Pradesh, India
Operational Areas
Business Services → Professional Consumer Services
Key Metrics
  • Market Cap
    ₹14,846 Cr

    JINDALSAW · NSE

  • Share Price
    ₹231.80

    -0.15% today

  • Revenue
    ₹17,895 Cr

    FY 2025-26 · -14.1% YoY

  • EBITDA
    ₹2,215 Cr

    Margin 12.4%

  • Net Profit
    ₹984 Cr

    FY 2025-26 · -43.7% YoY

  • P/E (TTM)
    27.1x

    P/B 1.2x

  • ROE
    7.7%

    ROCE 10.0%

  • Debt / Equity
    0.40

    Interest cover 39.1x

  • Employee Count
    66

Board of directors of Jindal Saw Limited (Thinkthrough Consulting)

Jindal Saw Limited is the primary company behind Thinkthrough Consulting. The boards of the 2 registered companies of Thinkthrough Consulting currently have 18 directors; the longest-serving is Prithavi Raj Jindal, appointed in 1984. 18 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prithavi Raj Jindal
DIN 00005301
Director31 Oct 198441 yrs 11 moJindal Saw Limited
Sminu Jindal
DIN 00005317
Managing Director01 Sep 199729 yrs 1 moJindal Saw Limited
Amit Phull
DIN 06494448
Director25 Feb 201412 yrs 7 moThinkthrough Consulting Private Limited
Vijay Ganapathy Shankaran
DIN 01430695
Director25 Feb 201412 yrs 7 moThinkthrough Consulting Private Limited
Parul Soni
DIN 01247529
Director25 Feb 201412 yrs 7 moThinkthrough Consulting Private Limited
Tripti Jindal Arya
DIN 00371397
Whole-time director17 May 201412 yrs 5 moJindal Saw Limited
Shraddha Rj Prithvi
DIN 00016940
Whole-time director24 Jul 201412 yrs 3 moJindal Saw Limited
Ajay Kumar Pandey
DIN 07273968
Director16 Feb 201610 yrs 8 moThinkthrough Consulting Private Limited
Rajeev Nagpal
DIN 01430531
Director16 Feb 201610 yrs 8 moThinkthrough Consulting Private Limited
Ajitkumar Hazarika
DIN 00748918
Director12 Jul 201610 yrs 3 moJindal Saw Limited
Sanjeev Shankar
DIN 06872929
Director22 Mar 20197 yrs 7 moJindal Saw Limited
Vinita Jha
DIN 08395714
Director22 Mar 20197 yrs 7 moJindal Saw Limited
Girish Sharma
DIN 05112440
Director22 Mar 20197 yrs 7 moJindal Saw Limited
Satyakam Mishra
DIN 10711600
Director29 Jul 20242 yrs 2 moJindal Saw Limited
Chandra Shekhar Agrawal
DIN 10740719
Director23 Aug 20242 yrs 2 moJindal Saw Limited
Nitin Sharma
DIN 08535415
Whole-time director01 Nov 20241 yr 11 moJindal Saw Limited
Neeraj Kumar
DIN 01776688
Director01 Aug 20251 yr 2 moJindal Saw Limited
Ashutosh Karnatak
DIN 03267102
Director27 Apr 20266 moJindal Saw Limited

People of Thinkthrough Consulting

24 people are tracked at Thinkthrough Consulting (11 in leadership, 13 in team); the tracked headcount is 66.

NameRoleGroup
Foyzul Bari Himel
Country Director - BangladeshLeadership
Ajay Pandey
Partner and Leader for CSR, Strategy and Performance ImprovementLeadership
Rajiv Nagpal
Partner and Leader Research & DocumentationLeadership
Gaurav Bhargava
Senior Vice President Advisory ServicesLeadership
Parul Soni
Global Managing PartnerLeadership
Komal Malhotra
Partner and Leader HR AdvisoryLeadership
Shalil Mistry
Chief Financial OfficerLeadership
Rajeev Nagpal
Partner | Advisory ServicesLeadership
M.D. Foyzul Bari Himel
Country Director, BangladeshLeadership
Vijay Ganapathy
Partner and Leader for M&E and Impact AssessmentLeadership
Amit Phull
Partner and Leader for Governance & Risk AdvisoryLeadership
Ifrat Jahan
InternTeam
Titikhya Barman
Associate ConsultantTeam
Humayun Kabir
Manager- Research And DevelopmentTeam
Don Mani Paul
Development Sector Advisory InternTeam
Amit Chauhan
Consultant, Development Sector AdvisoryTeam
Adnan Ahmad
Consultant - Skilling And Livelihoods (development Sector Advisory)Team
Sandeep Kanda
Advisor - Sustainability & Climate ChangeTeam
Ishan Sood
ConsultantTeam
Achala Yareseeme
ManagerTeam

4 more people are available in the full profile.

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IPO & Listings of Thinkthrough Consulting

Thinkthrough Consulting is a publicly listed company on the NSE with ticker symbol JINDALSAW in India, operating in the Capital Goods-Non Electrical Equipment sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: JINDALSAW
  • Listed entityJindal Saw Limited
  • Exchange sectorCapital Goods-Non Electrical Equipment

Financials of Thinkthrough Consulting

Exchange-reported figures of Jindal Saw Limited, the listed company behind Thinkthrough Consulting (NSE: JINDALSAW).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹17,895 Cr
-14.1% YoY
EBITDA
₹2,215 Cr
-35.4% YoY
Profit After Tax
₹984 Cr
-43.7% YoY
Net Worth
₹12,591 Cr
+10.0% YoY
Total Assets
₹17,127 Cr
+7.3% YoY
Total Debt
₹4,674 Cr
-3.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue17,89520,82920,95817,86813,29810,66411,627
Revenue growth-14.1%-0.6%+17.3%+34.4%+24.7%-8.3%-
EBITDA2,2153,4293,3201,6391,4021,2411,399
EBITDA margin+12.4%+16.5%+15.8%+9.2%+10.5%+11.6%+12.0%
Profit before tax1,0762,3492,216719621499467
Net profit9841,7471,681658410319600
Net profit margin+5.5%+8.4%+8.0%+3.7%+3.1%+3.0%+5.2%
EPS (₹)15.2227.1852.4520.1412.889.9717.35
Balance sheet
Total assets17,12715,96615,28912,56013,05912,07312,221
Net worth12,59111,44510,1287,9557,3646,9836,764
Total debt4,6744,8255,7274,9276,0315,3355,649
Cash & bank543770895213672724342
Net working capital6,3406,1965,4633,9034,0943,0323,009
Cash flow
Cash from operations1,7712,3352,5931,61673.471,5701,665
Cash from investing(947)(897)(1,917)(68.42)(190)(359)(468)
Cash from financing(1,073)(1,524)(12.39)(1,966)61.00(831)(1,168)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue4,4724,4524,6334,9434,2344,0855,0475,271
Revenue growth (YoY)+5.6%+9.0%-8.2%-6.2%-24.0%-17.3%--
Other income51.2723.6723.3722.2739.8728.6627.7429.35
EBITDA258391478613451670736939
EBITDA margin+5.8%+8.8%+10.3%+12.4%+10.7%+16.4%+14.6%+17.8%
Depreciation169164167155156153153151
Interest125108163133153171139173
Profit before tax14.42143172347183374473645
Tax(20.86)52.0847.9799.5744.01(41.17)386166
Net profit35.2890.7912424813941586.92479
EPS (₹)0.741.632.184.042.386.634.567.92
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14,62017,93617,96215,28211,0228,63210,129
Revenue growth-18.5%-0.1%+17.5%+38.7%+27.7%-14.8%-
EBITDA1,7103,2142,9551,4071,1579781,219
EBITDA margin+11.7%+17.9%+16.5%+9.2%+10.5%+11.3%+12.0%
Profit before tax8702,4882,188924637507592
Net profit7901,9241,618567411330673
Net profit margin+5.4%+10.7%+9.0%+3.7%+3.7%+3.8%+6.6%
EPS (₹)12.2629.3150.4822.1812.6810.2918.59
Balance sheet
Total assets15,47115,11414,25811,69911,99711,05111,173
Net worth12,61011,97210,2268,1407,4897,1386,863
Total debt2,7393,0113,8933,2574,3433,7274,042
Cash & bank24758959862.55517487257
Net working capital4,9625,2925,8044,7705,0564,2394,291
Cash flow
Cash from operations1,6381,8552,1371,3381911,3441,465
Cash from investing(1,022)(303)(1,657)(47.24)(288)(355)(393)
Cash from financing(892)(1,519)(40.32)(1,689)161(748)(1,001)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue3,8243,7213,8184,1293,3723,3004,4014,474
Revenue growth (YoY)+13.4%+12.8%-13.2%-7.7%-28.6%-23.9%--
Other income57.5634.2233.2627.4937.2126.4448.3647.27
Total expenses3,6163,4153,4393,6303,0742,7673,5933,639
EBITDA208307380500298533808835
EBITDA margin+5.4%+8.2%+9.9%+12.1%+8.8%+16.2%+18.4%+18.7%
Depreciation129125129122122122122119
Interest92.0370.7212710310813199.14136
Profit before tax43.93145156302105307635626
Tax(26.76)35.2442.3175.1725.46(56.96)161149

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue4,4724,4524,6334,9434,2344,0855,0475,271
Revenue growth (YoY)+5.6%+9.0%-8.2%-6.2%-24.0%-17.3%--
Other income51.2723.6723.3722.2739.8728.6627.7429.35
EBITDA258391478613451670736939
EBITDA margin+5.8%+8.8%+10.3%+12.4%+10.7%+16.4%+14.6%+17.8%
Depreciation169164167155156153153151
Interest125108163133153171139173
Profit before tax14.42143172347183374473645
Tax(20.86)52.0847.9799.5744.01(41.17)386166
Net profit35.2890.7912424813941586.92479
EPS (₹)0.741.632.184.042.386.634.567.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue17,89520,82920,95817,86813,29810,66411,627
Revenue growth-14.1%-0.6%+17.3%+34.4%+24.7%-8.3%-
Other income111145168193153210109
Total expenses15,68017,40017,63816,22911,8969,42210,228
Employee cost1,6301,5271,4921,1791,015897966
EBITDA2,2153,4293,3201,6391,4021,2411,399
EBITDA margin+12.4%+16.5%+15.8%+9.2%+10.5%+11.6%+12.0%
Depreciation630602568470473459422
Interest620623705642460493620
Profit before tax1,0762,3492,216719621499467
Tax1508916232682461725.34
Net profit9841,7471,681658410319600
Net profit margin+5.5%+8.4%+8.0%+3.7%+3.1%+3.0%+5.2%
EPS (₹)15.2227.1852.4520.1412.889.9717.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital81.0598.1598.1598.1563.9563.9563.95
Reserves & surplus12,51011,34710,0297,8577,3006,9196,700
Shareholders' funds (net worth)12,59111,44510,1287,9557,3646,9836,764
Minority interest(292)(457)(726)(642)(515)(444)(475)
Secured loans2,4523,4124,7354,0654,0603,1763,605
Unsecured loans2,2221,4139928621,9722,1592,043
Total debt4,6744,8255,7274,9276,0315,3355,649
Total liabilities17,12715,96615,28912,56013,05912,07312,221
Assets
Gross block15,26213,55012,59510,72510,3059,8369,643
Net block10,4099,3418,8537,4847,3577,3167,491
Capital work in progress453641632300293404423
Investments105168178175224198129
Inventories5,2674,9214,8954,1053,7562,9192,687
Sundry debtors3,0943,5643,4703,5631,8062,1251,864
Cash & bank balances543770895213672724342
Loans & advances1,0568491,0411,0181,023884922
Total current assets9,96010,10410,3008,8987,2576,6525,815
Total current liabilities3,6203,9074,8384,9953,1623,6202,807
Net working capital6,3406,1965,4633,9034,0943,0323,009
Total assets17,12715,96615,28912,56013,05912,07312,221
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash65574177.58497552173144
Net cash from operating activities1,7712,3352,5931,61673.471,5701,665
Net cash from investing activities(947)(897)(1,917)(68.42)(190)(359)(468)
Net cash from financing activities(1,073)(1,524)(12.39)(1,966)61.00(831)(1,168)
Net change in cash(249)(85.66)663(419)(55.29)37928.45
Closing cash543770895213672724342
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-14.1%-0.6%+17.3%+34.4%+24.7%-8.3%-
EBITDA growth-35.4%+3.3%+102.6%+16.9%+12.9%-11.3%-
PBT growth-54.2%+6.0%+208.0%+15.8%+24.5%+7.0%-52.2%
Net income growth-43.7%+3.9%+155.5%+60.6%+28.5%-46.9%-
Revenue CAGR (3Y)+0.1%+16.1%+25.3%+15.4%+3.2%+7.8%+18.0%
EBITDA CAGR (3Y)+10.6%+34.7%+38.8%+5.4%-1.4%+9.8%+26.6%
Profitability & leverage
Net income margin+5.2%+7.0%+7.6%+2.5%+2.8%+3.1%+4.0%
Return on capital employed+10.0%+18.3%+20.0%+10.2%+8.3%+7.9%+9.6%
Return on net worth+7.7%+13.6%+17.7%+5.9%+5.2%+4.8%+7.8%
Debt / equity0.400.490.590.720.790.800.87
Long-term debt / equity0.160.180.230.260.320.370.40
Interest cover39.1122.0525.6154.9449.5362.9763.42
Efficiency & per share
Fixed asset turnover1.241.591.801.701.321.091.26
Inventory turnover3.514.244.664.553.993.803.96
Debtors turnover5.385.925.966.666.775.355.70
EPS (₹)15.2227.1852.4520.1412.889.9717.35
Dividend per share (₹)2.002.004.003.002.002.002.00
Book value per share (₹)196.62178.43315.65247.71230.30218.38211.52
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue3,8243,7213,8184,1293,3723,3004,4014,474
Revenue growth (YoY)+13.4%+12.8%-13.2%-7.7%-28.6%-23.9%--
Other income57.5634.2233.2627.4937.2126.4448.3647.27
Total expenses3,6163,4153,4393,6303,0742,7673,5933,639
EBITDA208307380500298533808835
EBITDA margin+5.4%+8.2%+9.9%+12.1%+8.8%+16.2%+18.4%+18.7%
Depreciation129125129122122122122119
Interest92.0370.7212710310813199.14136
Profit before tax43.93145156302105307635626
Tax(26.76)35.2442.3175.1725.46(56.96)161149
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14,62017,93617,96215,28211,0228,63210,129
Revenue growth-18.5%-0.1%+17.5%+38.7%+27.7%-14.8%-
Other income124242271421221279199
Total expenses12,91014,72215,00713,8769,8657,6548,910
Employee cost1,2301,1911,120877770685683
EBITDA1,7103,2142,9551,4071,1579781,219
EBITDA margin+11.7%+17.9%+16.5%+9.2%+10.5%+11.3%+12.0%
Depreciation494479452374372346310
Interest470488586529369404516
Profit before tax8702,4882,188924637507592
Tax85.98613574215232178(2.86)
Net profit7901,9241,618567411330673
Net profit margin+5.4%+10.7%+9.0%+3.7%+3.7%+3.8%+6.6%
EPS (₹)12.2629.3150.4822.1812.6810.2918.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital81.0598.1598.1563.9563.9563.9563.95
Reserves & surplus12,52911,87410,1278,0767,4257,0746,799
Shareholders' funds (net worth)12,61011,97210,2268,1407,4897,1386,863
Secured loans2,0692,7463,7892,2643,3362,4513,505
Unsecured loans6702661049931,0071,276537
Total debt2,7393,0113,8933,2574,3433,7274,042
Total liabilities15,47115,11414,25811,69911,99711,05111,173
Assets
Gross block11,77110,8079,9808,1257,9057,6317,383
Net block8,3447,7997,3385,8205,8545,9135,973
Capital work in progress308543541206166157205
Investments2,3392,0901,1821,2701,025716638
Inventories4,5454,1823,9703,3513,0712,4542,194
Sundry debtors2,5463,0152,9273,1681,4441,7311,533
Cash & bank balances24758959862.55517487257
Loans & advances8025091,9322,0021,9801,9471,872
Total current assets8,1408,2959,4288,5847,0116,6195,856
Total current liabilities3,1783,0033,6243,8141,9552,3801,565
Net working capital4,9625,2925,8044,7705,0564,2394,291
Total assets15,47115,11414,25811,69911,99711,05111,173
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash51448040.5843937413361.28
Net cash from operating activities1,6381,8552,1371,3381911,3441,465
Net cash from investing activities(1,022)(303)(1,657)(47.24)(288)(355)(393)
Net cash from financing activities(892)(1,519)(40.32)(1,689)161(748)(1,001)
Net change in cash(276)33.66440(398)64.8424171.53
Closing cash24758959862.55517487257
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-18.5%-0.1%+17.5%+38.7%+27.7%-14.8%-
EBITDA growth-46.8%+8.8%+110.1%+21.6%+18.3%-19.8%-
PBT growth-65.0%+13.7%+136.7%+45.1%+25.7%-14.3%-20.2%
Net income growth-59.0%+18.9%+185.6%+37.8%+24.6%-51.0%-
Revenue CAGR (3Y)-1.5%+17.6%+27.7%+14.7%+3.9%+5.7%+21.3%
EBITDA CAGR (3Y)+6.7%+40.6%+44.6%+4.9%-3.7%-2.6%+11.4%
Profitability & leverage
Net income margin+5.4%+10.5%+9.0%+4.6%+3.7%+3.8%+5.9%
Return on capital employed+8.8%+20.3%+21.4%+10.7%+8.7%+8.2%+11.3%
Return on net worth+6.4%+16.9%+17.6%+7.3%+5.5%+4.7%+10.2%
Debt / equity0.230.310.390.490.550.550.62
Long-term debt / equity0.050.080.120.130.190.220.24
Interest cover38.6717.8623.4051.2347.0263.9856.75
Efficiency & per share
Fixed asset turnover1.301.731.981.911.421.151.43
Inventory turnover3.354.404.914.763.993.714.10
Debtors turnover5.266.045.896.636.945.295.97
EPS (₹)12.2629.3150.4822.1812.6810.2918.59
Dividend per share (₹)2.002.004.003.002.002.002.00
Book value per share (₹)196.91186.67318.72254.55234.21223.24214.62

Web traffic of Thinkthrough Consulting

The website of Thinkthrough Consulting (ttcglocal.com) receives about 1.4K visits a month.

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    ▼ 76.9% vs previous month

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JINDALSAW: Q2 REVENUE 44.7B RUPEES VS 42.3B (YOY)
Exchange Update • 10 days ago
JINDALSAW: Q2 CONS NET PROFIT 470M RUPEES VS 1.52B (YOY); EST 1.5B
Exchange Update • 10 days ago
JINDALSAW: Q2 EBITDA 2.6B RUPEES VS 4.5B (YOY); Q2 EBITDA MARGIN 5.83% VS 10.7% (YOY)
Exchange Update • 10 days ago
Up to 52% upside - Jindal SAW, SBI Life, ICICI Bank shares | 360 ONE's 21 biggest bets for investors - Check full list | Stock Market News
mint • 20 days ago
Trade Spotlight: How should you trade Castrol, Ramkrishna Forgings, Sapphire Foods, Jindal Saw, Granules India, and others on September 18?
Moneycontrol • 1 month ago
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Frequently Asked Questions about Thinkthrough Consulting

Thinkthrough Consulting was founded in 2014.

Thinkthrough Consulting is headquartered in New Delhi, India. It is registered at New Delhi, Delhi, India.

Thinkthrough Consulting has 66 employees.

The primary company behind Thinkthrough Consulting, Jindal Saw Limited, reported revenue of ₹18,006 Cr for FY 2026, down 14% year on year.

Thinkthrough Consulting operates with a B2B model, focusing on offering consulting services, providing business support, providing advisory services, and hr and operations. Provides comprehensive HR, supply chain, legal, IT, and operations advisory services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Yes, Thinkthrough Consulting is publicly traded on NSE under the ticker symbol JINDALSAW.

Thinkthrough Consulting is associated with 2 legal entities: Jindal Saw Limited, Thinkthrough Consulting Private Limited.

The legal entities of Thinkthrough Consulting currently have 20 directors, including Ajay Kumar Pandey, Amit Phull, Vijay Ganapathy Shankaran and others.

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