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Thangamayil Jeweller share price

Thangamayil Jewellery Ltd.

NSE: THANGAMAYL BSE: 533158 SECTOR: Diamond & Jewellery  74.78 K   242   21

3041.20
+437.70 (16.81%)
NSE: 04 Nov 4:00 PM

Price Summary

Today's High

₹ 3088.7

Today's Low

₹ 2709.1

52 Week High

₹ 3088.7

52 Week Low

₹ 1523.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

9452.66 Cr.

Enterprise Value

9933.38 Cr.

No. of Shares

3.11 Cr.

P/E

51.43

P/B

8.1

Face Value

₹ 10

Div. Yield

0.41 %

Book Value (TTM)

₹  375.55

CASH

241.79 Cr.

DEBT

722.51 Cr.

Promoter Holding

61.56 %

EPS (TTM)

₹  59.14

Sales Growth

28.32%

ROE

14.88 %

ROCE

14.43%

Profit Growth

-3.68 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year28.32%
3 Year30.83%
5 Year23.75%

Profit Growth

1 Year-3.68%
3 Year45.5%
5 Year21.06%

ROE%

1 Year14.88%
3 Year21.73%
5 Year22.2%

ROCE %

1 Year14.43%
3 Year17.8%
5 Year18.54%

Debt/Equity

0.6554

Price to Cash Flow

-22.29

Interest Cover Ratio

4.8938

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2025 61.56 0.00
Jun 2025 61.53 0.00
Mar 2025 61.49 0.00
Dec 2024 61.27 1.87
Sep 2024 61.27 2.62
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 45.498505199308% for the Past 3 years.
  • The company has shown a good revenue growth of 30.8252595990424% for the Past 3 years.
  • Company has been maintaining healthy ROE of 21.7317333333333% over the past 3 years.
  • The company has a high promoter holding of 61.56%.

 Limitations

  • Company has negative cash flow from operations of -423.99.
  • The company is trading at a high PE of 51.43.
  • The company is trading at a high EV/EBITDA of 30.9011.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 1181.05 1132.46 1380.73 1557.86 1710.9
Total Expenditure 1188.5 1049.29 1323.36 1470.89 1605.25
Operating Profit -7.45 83.17 57.37 86.97 105.65
Other Income 0 0 0 0 0
Interest 10.6 10.36 11.12 15.02 16.2
Depreciation 5.51 5.36 7.42 6.82 11.06
Exceptional Items 0 0 0 0 0
Profit Before Tax -23.56 67.45 38.83 65.13 78.39
Tax -6.11 19.26 7.43 19.42 19.88
Profit After Tax -17.45 48.19 31.4 45.71 58.51
Adjusted EPS (Rs) -6.16 17.02 10.1 14.71 18.83

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 1818.62 2193.08 3152.55 3826.78 4910.58
Total Expenditure 1677.61 2106.89 2999.65 3614.42 4691.62
Operating Profit 141 86.19 152.9 212.36 218.96
Other Income 8.34 1.67 3.35 5.41 5.72
Interest 22.91 26.18 34.92 36.34 41.07
Depreciation 9.47 9.65 13.39 16.35 23.69
Exceptional Items 0 0 0 0 0
Profit Before Tax 116.97 52.03 107.94 165.08 159.92
Tax 30.39 13.49 28.19 41.84 41.21
Net Profit 86.58 38.54 79.75 123.24 118.71
Adjusted EPS (Rs.) 30.57 13.61 28.16 43.51 38.2

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 13.72 13.72 13.72 27.44 31.08
Total Reserves 284.2 310.55 375.07 465.74 1071.27
Borrowings 61.67 106.06 134.24 113.88 71.98
Other N/C liabilities 7.62 8.41 16.48 21.4 32.27
Current liabilities 406.86 465.27 704.67 850.13 1348.62
Total Liabilities 774.08 904.01 1244.18 1478.59 2555.22
Assets
Net Block 78.79 84.44 120.13 153.53 200.61
Capital WIP 2.28 6.84 1.6 2.36 11.27
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 10.73 13.52 12.58 15.07 22.06
Other N/C Assets 0 0 0 0 0
Current Assets 682.27 799.21 1109.87 1307.63 2321.28
Total Assets 774.08 904.01 1244.18 1478.59 2555.22
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 116.97 52.03 107.95 165.08 159.92
Adjustment 31.7 34.63 46.73 48.76 61.44
Changes in Assets & Liabilities -66.04 -148.26 -117.29 158.41 -595.5
Tax Paid -27.48 -17.47 -26.95 -41.87 -49.85
Operating Cash Flow 55.15 -79.07 10.44 330.38 -423.99
Investing Cash Flow 17.63 -21.12 -86.42 -29.65 -137.93
Financing Cash Flow -64.47 93.55 77.99 -292.82 636.91
Net Cash Flow 8.31 -6.64 2.01 7.91 74.99

Corporate Actions

Investors Details

PARTICULARS Sep 2024% Dec 2024% Mar 2025% Jun 2025% Sep 2025%
promoters 61.27 61.27 61.49 61.53 61.56
b r sumati 0.04 0.04 0.04 0.05 0.07
b rajeshkanna 0.20 0.20 0.20 0.20 0.05
balarama govinda das 17.21 17.21 17.22 17.22 17.70
balusamy kumar kishorelal... 0.23 0.23 0.23 0.23 0.08
balusamy silvears jewelle... 1.75 1.75 1.76 1.76 1.76
gokul ramesh 0.18 0.18 0.18 0.18 0.07
k thamarai selvi 0.31 0.31 0.31 0.31 0.31
kumar.n.b 17.21 17.21 17.32 17.33 17.50
narayanan balasubbu arun 0.20 0.20 0.20 0.20 0.04
ramesh.ba 17.41 17.41 17.51 17.51 17.78
shylaja p 0.37 0.37 0.37 0.37 0.21
thangamayil gold and diam... 5.46 5.46 5.46 5.46 5.46
yadeenthranathan darmini 0.47 0.47 0.47 0.47 0.30
yamuna vasini deva dasi 0.23 0.23 0.23 0.23 0.23
PARTICULARS Sep 2024% Dec 2024% Mar 2025% Jun 2025% Sep 2025%
investors 38.73 38.73 38.51 38.47 38.44
chandramogan r g - 1.33 1.34 1.34 1.34
custody bank of japan, lt... - - 2.49 2.49 2.49
dsp small cap fund 5.30 4.96 5.11 5.14 5.40
hsbc elss tax saver fund - - 1.40 1.40 1.40
llp 0.64 0.63 - 0.83 0.80
sbi small cap fund 6.74 6.74 6.72 6.72 6.59
custody bank of japan ltd... - 2.48 - - -
chandramohan r g 1.33 - - - -
custody bank of japan ltd... 2.48 - - - -

Annual Reports

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Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

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Concalls & Presentations

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Company News

Thangamayil Jeweller - Quaterly Results 4 Nov, 12:00 AM Thangamayil Jewellery informs about outcome of board meeting 3 Nov, 5:41 PM Thangamayil Jewellery to open two new branches in Chennai 15 Sep, 3:52 PM Thangamayil Jeweller - Quaterly Results 28 Jul, 3:16 PM Thangamayil Jeweller - Quaterly Results 28 Jul, 3:16 PM Thangamayil Jeweller - Quaterly Results 28 Jul, 3:16 PM Thangamayil Jeweller - Quaterly Results 15 May, 1:25 PM Thangamayil Jeweller - Quaterly Results 15 May, 1:25 PM Thangamayil Jeweller - Quaterly Results 15 May, 1:25 PM Thangamayil Jewellery set to open two new branches in Chennai 8 Apr, 11:08 AM Thangamayil Jewellery informs about disclosure 1 Apr, 10:19 AM Thangamayil Jewellery informs about re-appointment of independent director 15 Mar, 12:45 PM Thangamayil Jewellery informs about newspaper advertisement 13 Mar, 1:14 PM Thangamayil Jewellery opens new store in Chennai 24 Feb, 3:41 PM Thangamayil Jeweller - Quaterly Results 5 Feb, 2:33 PM Thangamayil Jeweller - Quaterly Results 5 Feb, 2:33 PM Thangamayil Jeweller - Quaterly Results 5 Feb, 2:33 PM Thangamayil Jewellery informs about opening of new branch 23 Jan, 5:24 PM Thangamayil Jeweller - Quaterly Results 6 Nov, 1:39 PM Thangamayil Jeweller - Quaterly Results 6 Nov, 1:39 PM Thangamayil Jeweller - Quaterly Results 6 Nov, 1:39 PM Thangamayil Jewellery informs about AGM 25 Jul, 5:21 PM Thangamayil Jeweller - Quaterly Results 25 Jul, 11:52 AM Thangamayil Jeweller - Quaterly Results 25 Jul, 11:52 AM Thangamayil Jeweller - Quaterly Results 25 Jul, 11:52 AM Thangamayil Jewellery informs about board meeting 15 Jul, 3:22 PM Thangamayil Jewellery informs about disclosure 26 Jun, 12:46 PM Thangamayil Jewellery informs about disclosure 26 Jun, 12:14 PM Thangamayil Jewellery informs about audited financial results 20 May, 4:49 PM Thangamayil Jeweller - Quaterly Results 20 May, 1:58 PM Thangamayil Jeweller - Quaterly Results 20 May, 1:58 PM Thangamayil Jeweller - Quaterly Results 20 May, 1:58 PM Thangamayil Jewellery informs about updates 13 May, 5:25 PM Thangamayil Jeweller - Quaterly Results 1 Feb, 1:07 PM Thangamayil Jeweller - Quaterly Results 1 Feb, 1:07 PM Thangamayil Jeweller - Quaterly Results 1 Feb, 1:07 PM Thangamayil Jewellery informs about board meeting 22 Jan, 4:55 PM Thangamayil Jewellery to open two new branches in Tamil Nadu 19 Jan, 10:50 AM Thangamayil Jeweller - Quaterly Results 1 Nov, 1:54 PM Thangamayil Jeweller - Quaterly Results 1 Nov, 1:54 PM Thangamayil Jeweller - Quaterly Results 1 Nov, 1:54 PM Thangamayil Jewellery informs about closure of trading window 27 Sep, 5:21 PM Thangamayil Jewellery informs about new branch opening 26 Sep, 4:52 PM Thangamayil Jewellery to open new branch in Madurai 26 Sep, 11:42 AM Thangamayil Jewellery informs about opening of new branch 31 Jul, 11:02 AM Thangamayil Jeweller - Quaterly Results 24 Jul, 1:35 PM Thangamayil Jeweller - Quaterly Results 24 Jul, 1:35 PM Thangamayil Jeweller - Quaterly Results 24 Jul, 1:35 PM Thangamayil Jewellery informs about outcome of AGM 5 Jul, 2:58 PM Thangamayil Jeweller - Quaterly Results 22 May, 1:34 PM

Thangamayil Jeweller Stock Price Analysis and Quick Research Report. Is Thangamayil Jeweller an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Thangamayil Jeweller. 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Thangamayil Jeweller has a PE ratio of 51.4262620250232 which is high and comparatively overvalued.

  • Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Thangamayil Jeweller has ROA of 5.8858% which is a bad sign for future performance. (Higher values are always desirable.)

  • Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Thangamayil Jeweller has a Current ratio of 1.7212.

  • Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Thangamayil Jeweller has a ROE of 14.8803%. (Higher is better)

  • Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Thangamayil Jeweller has a Debt to Equity ratio of 0.6554 which means that the company has low proportion of debt in its capital.

  • Sales growth: Thangamayil Jeweller has reported revenue growth of 28.3215% which is fair in relation to its growth and performance. 

  • Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Thangamayil Jeweller for the current financial year is 4.45894375002546%.

  • Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Thangamayil Jeweller is Rs 12.5 and the yield is 0.411%.

  • Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Thangamayil Jeweller is Rs 59.1371. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Thangamayil Jeweller in Ticker for free. Also, one can get the intrinsic value of Thangamayil Jeweller by using Valuation Calculators, which are available with a Finology ONE subscription. 

Thangamayil Jeweller FAQs

Q1. What is Thangamayil Jeweller share price today?
Ans: The current share price of Thangamayil Jeweller is Rs 3041.2.

Q2. What is the market capitalisation of Thangamayil Jeweller?
Ans: Thangamayil Jeweller has a market capitalisation of Rs 9452.66422652 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Thangamayil Jeweller?
Ans: The PE ratio of Thangamayil Jeweller is 51.4262620250232 and the P/B ratio of Thangamayil Jeweller is 8.0979421768798, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Thangamayil Jeweller share?
Ans: The 52-week high share price of Thangamayil Jeweller is Rs 3088.7, and the 52-week low share price of Thangamayil Jeweller is Rs 1523.1.

Q5. Does Thangamayil Jeweller pay dividends?
Ans: Currently, Thangamayil Jeweller pays dividends. Dividend yield of Thangamayil Jeweller is around 0.411%.

Q6. What are the face value and book value of Thangamayil Jeweller shares?
Ans: The face value of Thangamayil Jeweller shares is Rs 10, while the book value per share of Thangamayil Jeweller is around Rs 375.5522. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Thangamayil Jeweller?
Ans: Thangamayil Jeweller has a total debt of Rs 722.51 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Thangamayil Jeweller?
Ans: The ROE of Thangamayil Jeweller is 14.8803% and ROCE of Thangamayil Jeweller is 14.4307%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Thangamayil Jeweller a good buy for the long term?
Ans: The Thangamayil Jeweller long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Thangamayil Jeweller undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Thangamayil Jeweller appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Thangamayil Jeweller’s financials?
Ans: You can review Thangamayil Jeweller’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about Thangamayil Jeweller

Thangamayil Jewellery Share Price, Business Overview & News

Thangamayil Jewellery Ltd. (TMJL) is a leading and rapidly growing organised jewellery retailer with a strong presence in the heart of India's largest gold-consuming state, Tamil Nadu. The company has successfully carved a niche for itself by focusing on Tier II and Tier III cities, catering to the price-sensitive yet high-demand customer base in these regions.?

The Business of Thangamayil Jewellery: How It Earns

Thangamayil's business model is built on a high-volume, low-cost strategy that prioritises rapid inventory turnover and operational efficiency. This approach has allowed the company to expand its retail footprint significantly while maintaining profitability in a highly competitive market.?

  • Core Business: Jewellery Retail: The company's primary business is the retail of gold, silver, diamond, and platinum jewellery through its extensive network of showrooms across Tamil Nadu. Gold jewellery is the predominant source of its income, contributing to the majority of its sales.?

  • Unique Operational Model: Thangamayil's success is rooted in its distinct operational strategy:

    • Fast Inventory Turnover: The company maintains a high inventory turnover ratio, which is significantly better than the industry average. This means it sells and replenishes its gold stock much faster than its competitors, reducing its exposure to gold price volatility and minimising capital lock-in.?

    • Focus on Tier II & Tier III Markets: Unlike many national brands that concentrate on metro cities, Thangamayil has strategically expanded into smaller cities and towns where organised jewellery penetration is low but demand is high. This allows for lower operational costs and helps build strong local brand loyalty.?

    • Smart Financing: The company utilises a mix of smart financing options to fund its operations and expansion, reducing its reliance on debt. This includes leasing gold from banks instead of purchasing it outright and running customer advance purchase schemes, which provide interest-free working capital.?

  • Revenue Generation: The company's revenue is primarily generated from the sale of its jewellery products. Its focus on a high-volume business model allows it to offer competitive pricing, which is a key attraction for its target customers. The company also earns from its savings schemes, which are popular among various customer demographics.?

Major News & Developments Happening Right Now

Thangamayil Jewellery has been in the news for its strong growth momentum and ambitious expansion plans. Key news and developments happening right now include:

  • Strong Financial Performance: The company has been consistently reporting strong financial results. The recent announcement of its Q2 FY26 performance, which showed a significant surge in profits, has been a key point of focus, highlighting the company's efficient capital deployment and aggressive growth strategy.?

  • Aggressive Store Expansion: A major ongoing theme for the company is its rapid retail expansion. Thangamayil is in the process of adding a large number of new showrooms, with a plan to significantly increase its store count in the near future. This includes a calculated entry into the competitive Chennai market.?

  • Shift Towards Higher-Margin Products: While the company's foundation is built on plain gold jewellery, it is now strategically shifting its product mix to include more high-margin studded jewellery, such as diamonds and gemstones. This move is aimed at improving its overall profitability as it expands into more brand-conscious metro markets.?

  • Leveraging Technology and Data: Thangamayil is increasingly using data-driven technology to optimise its operations, make informed decisions, and drive sustainable growth. This includes the use of digital platforms like its DigiGold app to engage with customers and secure a steady flow of deposits.?

What You Can Find on This Company Page

This page is your complete resource for all information related to Thangamayil Jewellery Ltd. Here’s what you can access:

  • Live Thangamayil Jewellery Share Price: Track real-time price movements and analyse historical performance with charts.

  • In-Depth Financial Analysis: Access detailed financial statements, key ratios, and peer comparisons.

  • Shareholding Pattern: Get a clear picture of the company's ownership structure.

  • Latest News and Corporate Actions: Stay informed about the latest company announcements, analyst ratings, dividend declarations, and other market-moving news.

  • Company Overview and Business Strategy: A detailed look at the company's unique high-volume, low-cost business model, its strategic focus on Tier II and Tier III markets, and its ambitious expansion plans.

Frequently Asked Questions (FAQs)

Q1: What is the main business of Thangamayil Jewellery?
Thangamayil Jewellery is a retail company that operates a chain of jewellery stores across Tamil Nadu, primarily dealing in gold, silver, diamond, and platinum ornaments.?

Q2: What makes Thangamayil's business model unique?
The company's business model is characterised by its focus on high inventory turnover, a strong presence in Tier II and Tier III cities, and a smart financing strategy that minimises debt, allowing it to offer competitive pricing.?

Q3: Is the company expanding its operations?
Yes, Thangamayil is in the midst of an aggressive expansion plan, with a goal to significantly increase its number of retail showrooms in the coming years.?

Q4: How is Thangamayil managing its working capital?
The company employs smart strategies like leasing gold and running customer advance schemes to manage its high working capital requirements efficiently.

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