Arthneeti

Thangamayil Jewellery Share Price & Earnings Call Analysis

₹4,532.90+0.36% today
Market cap
₹14,089 Cr
P/E
35.87
ROE
28.07%
PEG
0.56
Price to sales
1.45
Debt to equity
0.64
52W high / low
₹7,310 / ₹2,604
Sales growth (5Y)
36.12%
EBITDA margin
6.62%
Net profit margin
4.16%
Promoter holding
61.65%
Sales (last year)
₹9,622 Cr

Thangamayil Jewellery Limited operates a chain of retail jewellery stores across several districts in Tamil Nadu, a state that have the largest share (40%) of India's total gold consumption.

Potential multibaggers · Q2 FY27

Potential multibaggers in Consumer Durables
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Thangamayil Jewellery rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Consumer Durables companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹151 Cr13.8
240%+Up 0–2%₹2,267 Cr12.2
340%+Up 0–2%₹1,934 Cr16.9
440%+Flat₹2,338 Cr39.6
540%+Flat₹1,975 Cr20.8
640%+Flat₹528 Cr16.7

Sign up free to see every company in the sector ranking and track Thangamayil Jewellery.

Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables ranking

Financials of Thangamayil Jewellery

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Thangamayil Jewellery

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +7729609938969831,2221,1811,1321,3811,5581,7112,4062,839
Expenses +7138689698459331,1301,1881,0491,3231,4711,6052,2342,625
Operating Profit599224515092-7835787106172214
OPM %8%10%2%6%5%7%-1%7%4%6%6%7%8%
Other Income +00000000000-20
Interest1110999911101115161620
Depreciation6344556577111112
Profit before tax427912383677-2467396578143182
Tax %26%26%32%26%22%27%-26%29%19%30%25%27%22%
Net Profit +31598282857-1748314659105143
EPS in Rs10.0118.912.709.009.0818.19-5.6115.5010.1014.7118.8233.7145.90

Financials of Thangamayil Jewellery

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +1,4211,2721,2991,3791,4431,6921,8192,1933,1533,8274,9118,514
Expenses +1,4181,2281,2511,3201,3731,5941,6722,1073,0003,6144,6927,935
Operating Profit3434859719814786153212219579
OPM %0%3%4%4%5%6%8%4%5%6%4%7%
Other Income +23123322356-2
Interest292421192021232635364168
Depreciation889881091013162440
Profit before tax-33141934466911752108165160469
Tax %-32%26%28%33%34%34%26%26%26%25%26%25%
Net Profit +-221114233046873980123119352
EPS in Rs-7.193.404.517.389.7614.7327.9312.4425.7239.6338.19113.14
Dividend Payout %-6%13%20%21%23%15%16%36%21%22%33%16%

Financials of Thangamayil Jewellery

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141414141414141414273131
Reserves1151241361551792062843113754661,0711,385
Borrowings +185146119229178260323417571532797913
Other Liabilities +1011181682132822351541632874566601,491
Total Liabilities4144024376116527157759051,2471,4812,5593,820
Fixed Assets +7478727471817984120154201293
CWIP8111122722117
Investments000000000000
Other Assets +3323233645365806336948141,1251,3252,3473,520
Total Assets4144024376116527157759051,2471,4812,5593,820

Financials of Thangamayil Jewellery

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +827369-5385-3955-7910330-424322
Cash from Investing Activity +-3-5-6-27-17818-21-86-30-138-165
Cash from Financing Activity +-90-64-5674-6224-649478-293637-122
Net Cash Flow-1147-65-78-7287536
Free Cash Flow796866-6380-4849-95-21293-482249
CFO/OP2,886%169%156%-78%133%-22%56%-71%24%175%-171%74%

Financials of Thangamayil Jewellery

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days000010100011
Inventory Days778796140143139149139127127164142
Days Payable9142717219313231
Cash Conversion Cycle687369123122130146138125125162142
Working Capital Days162421222534525338365436
ROCE %-1%13%15%16%17%21%25%11%17%20%14%25%
38out of 100

Momentum score · price trend

38 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+108.2%94%
Last 6 months+13.2%71%
Last 3 months−9.0%47%

The price is 38.2% below its all-time high of ₹7,309.5 (27 Jul 2026). Stocks more than 20% below their peak have their score halved, so 75 became 38.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Thangamayil Jewellery: 0.4 × 94 + 0.4 × 71 + 0.2 × 47 = 75, halved to 38 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

Others in Consumer Durables this season

  • Bata India (Q2 FY27)

    Revenue from Operations for Q2 FY27: INR 8,618 million, up 7.5% YoY. Key investor presentation takeaways from Bata India Ltd's Q2 FY27 investor presentation — a

  • RBZ Jewellers Lt (Q2 FY27)

    Q2 FY27 Operational Revenue: INR 2,247 Mn, up 54.9% YoY (Q2 FY26: INR 1,451 Mn) (Page 32, 28) . Key investor presentation takeaways from RBZ Jewellers Ltd's Q2

  • Global Surfaces (Q2 FY27)

    Q2-FY27 revenue from operations was INR 599 Mn, a 10.7% increase YoY from INR 541 Mn in Q2-FY26 (Page 21). Key investor presentation takeaways from Global Surfa

  • Kabra Jewels (Q2 FY27)

    356 crore, up 14% YoY . Key results statement takeaways from Kabra Jewels Ltd's Q2 FY27 results statement — and how it ranks against sector peers.

Compare:vs Titan Companyvs Asian Paintsvs LG Electronics