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Thangamayil Jeweller Overview

Thangamayil Jewellery Ltd operates a chain of retail jewellery stores in India. The organization offers gold, diamond, silver, and platinum jewelries, as well as silver articles, bars, and coins. It additionally manufactures jewellery and different accessories and products. As of March 31, 2021, the employer operated 47 shops and 2 manufacturing centres in Tamil Nadu. It also presents its merchandise via on-line. Thangamayil Jewellery Ltd was founded in 1947 and is based in Madurai, India.

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Thangamayil Jeweller Key Financials

Market Cap ₹13087 Cr.

Stock P/E 110.2

P/B 10.3

Current Price ₹4210.6

Book Value ₹ 409.3

Face Value 10

52W High ₹4388.9

Dividend Yield 0.3%

52W Low ₹ 1750

Thangamayil Jeweller Share Price

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Volume
Price

Thangamayil Jeweller Quarterly Price

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Thangamayil Jeweller Peer Comparison

Thangamayil Jeweller Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 993 896 983 1222 1181 1132 1381 1558 1711 2406
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 993 896 983 1222 1181 1132 1381 1558 1711 2406
Total Expenditure 969 845 933 1130 1189 1049 1323 1471 1605 2234
Operating Profit 24 51 50 92 -7 83 57 87 106 172
Interest 9 9 9 9 11 10 11 15 16 16
Depreciation 4 4 5 5 6 5 7 7 11 11
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -2
Profit Before Tax 12 38 36 77 -24 67 39 65 78 143
Provision for Tax 4 10 8 21 -6 19 7 19 20 38
Profit After Tax 8 28 28 57 -17 48 31 46 59 105
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 8 28 28 57 -17 48 31 46 59 105
Adjusted Earnings Per Share 3 9.9 10 20 -6.2 17 10.1 14.7 18.8 33.7

Thangamayil Jeweller Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1421 1272 1294 1377 1443 1692 1819 2193 3153 3827 4911 7056
Other Income 2 3 1 2 3 3 8 2 3 5 6 0
Total Income 1423 1274 1295 1379 1446 1695 1827 2195 3156 3832 4916 7056
Total Expenditure 1418 1228 1245 1318 1373 1594 1678 2107 3000 3614 4692 6633
Operating Profit 4 46 50 61 73 101 149 88 156 218 225 422
Interest 29 24 21 19 20 21 23 26 35 36 41 58
Depreciation 8 8 9 8 8 10 9 10 13 16 24 36
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 -2
Profit Before Tax -33 14 19 34 46 69 117 52 108 165 160 325
Provision for Tax -11 4 5 11 15 24 30 13 28 42 41 84
Profit After Tax -22 11 14 23 30 46 87 39 80 123 119 241
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -22 11 14 23 30 46 87 39 80 123 119 241
Adjusted Earnings Per Share -7.9 3.7 4.9 8.1 10.7 16.1 30.6 13.6 28.2 43.5 38.2 77.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 28% 31% 24% 13%
Operating Profit CAGR 3% 37% 17% 50%
PAT CAGR -3% 45% 21% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 106% 104% 71% 47%
ROE Average 15% 22% 22% 15%
ROCE Average 14% 18% 19% 16%

Thangamayil Jeweller Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 129 138 149 169 193 220 298 324 389 493 1102
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 50 58 36 31 38 55 62 106 134 114 72
Other Non-Current Liabilities -17 -13 -5 2 1 8 8 8 16 21 32
Total Current Liabilities 235 206 252 410 420 431 407 465 705 850 1349
Total Liabilities 398 389 431 611 652 715 774 904 1244 1479 2555
Fixed Assets 74 78 72 74 71 81 79 84 120 154 201
Other Non-Current Assets 18 11 12 11 12 12 13 20 14 17 33
Total Current Assets 305 300 347 525 569 622 682 799 1110 1308 2321
Total Assets 398 389 431 611 652 715 774 904 1244 1479 2555

Thangamayil Jeweller Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 17 6 2 9 4 9 2 10 4 6 14
Cash Flow from Operating Activities 82 73 69 -53 85 -39 55 -79 10 330 -424
Cash Flow from Investing Activities -3 -5 -6 -27 -17 8 18 -21 -86 -30 -138
Cash Flow from Financing Activities -90 -64 -56 74 -62 24 -64 94 78 -293 637
Net Cash Inflow / Outflow -11 4 7 -6 5 -7 8 -7 2 8 75
Closing Cash & Cash Equivalent 6 9 9 4 9 2 10 4 6 14 89

Thangamayil Jeweller Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -7.87 3.72 4.93 8.08 10.68 16.12 30.57 13.61 28.16 43.51 38.2
CEPS(Rs) -4.95 6.6 8.27 10.96 13.36 19.72 33.92 17.02 32.89 49.29 45.82
DPS(Rs) 0.49 0.49 0.97 1.7 2.43 2.43 4.85 4.85 5.83 9.71 12.5
Book NAV/Share(Rs) 45.43 48.57 52.73 59.58 68.21 77.73 105.19 114.5 137.28 174.14 354.68
Core EBITDA Margin(%) 0.2 3.4 3.73 4.3 4.89 5.78 7.75 3.93 4.85 5.55 4.46
EBIT Margin(%) -0.27 2.97 3.09 3.82 4.56 5.35 7.69 3.57 4.53 5.26 4.09
Pre Tax Margin(%) -2.32 1.12 1.49 2.46 3.16 4.1 6.43 2.37 3.42 4.31 3.26
PAT Margin (%) -1.57 0.83 1.08 1.66 2.1 2.7 4.76 1.76 2.53 3.22 2.42
Cash Profit Margin (%) -0.99 1.47 1.8 2.25 2.62 3.3 5.28 2.2 2.95 3.65 2.9
ROA(%) -5.12 2.68 3.41 4.39 4.79 6.68 11.63 4.59 7.42 9.05 5.89
ROE(%) -15.79 7.91 9.74 14.38 16.72 22.09 33.43 12.39 22.37 27.95 14.88
ROCE(%) -1.11 13.07 15.32 17.01 18.37 22.45 27.11 12.21 17.55 21.42 14.43
Receivable days 0.07 0.08 0.16 0.28 0.44 0.25 0.27 0.43 0.34 0.35 0.48
Inventory Days 81.03 81.73 83.27 104.25 123.91 115.19 121.74 116.44 100.29 103.56 117.73
Payable days 5.4 12.28 20.45 21.55 18.83 13.76 5.71 1.87 1.77 1.99 2.09
PER(x) 0 24.75 23.26 29.09 15.41 7.24 9.3 38.65 17.26 28.69 52.56
Price/Book(x) 2.08 1.9 2.18 3.94 2.41 1.5 2.7 4.59 3.54 7.17 5.66
Dividend Yield(%) 0.51 0.53 0.84 0.72 1.47 2.07 1.7 0.92 1.2 0.78 0.62
EV/Net Sales(x) 0.31 0.3 0.31 0.61 0.39 0.32 0.59 0.85 0.58 1.02 1.37
EV/Core EBITDA(x) 99.53 8.4 8.21 13.69 7.75 5.34 7.13 21.13 11.72 18.01 29.91
Net Sales Growth(%) 19.3 -10.52 1.72 6.48 4.78 17.22 7.49 20.59 43.75 21.39 28.32
EBIT Growth(%) -127.57 1084.87 6.08 31.36 24.93 37.48 54.45 -44.09 82.66 40.99 -0.21
PAT Growth(%) -77.27 147.27 32.7 63.67 32.28 50.9 89.64 -55.49 106.93 54.53 -3.68
EPS Growth(%) -77.27 147.27 32.7 63.67 32.28 50.9 89.64 -55.49 106.93 54.53 -12.22
Debt/Equity(x) 1.38 0.98 0.68 1.18 0.8 1.08 0.93 1.18 1.37 0.95 0.66
Current Ratio(x) 1.3 1.45 1.38 1.28 1.36 1.44 1.68 1.72 1.58 1.54 1.72
Quick Ratio(x) 0.07 0.09 0.14 0.12 0.16 0.13 0.08 0.11 0.18 0.14 0.25
Interest Cover(x) -0.13 1.6 1.93 2.81 3.24 4.28 6.11 2.99 4.09 5.54 4.89
Total Debt/Mcap(x) 0.66 0.52 0.31 0.3 0.33 0.72 0.34 0.26 0.39 0.13 0.12

Thangamayil Jeweller Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 67.31 67.32 67.32 61.27 61.27 61.49 61.53 61.56 61.56 61.61
FII 0.75 0.98 1.08 4.52 4.06 4.41 4.49 4.61 4.7 4.37
DII 11.4 11.51 12.08 12.77 13.56 14.81 14.84 14.93 16.3 17.11
Public 20.54 20.18 19.51 21.43 21.1 19.29 19.15 18.9 17.44 16.91
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Thangamayil Jeweller News

Thangamayil Jeweller Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 22%
  • Company has reduced debt.

Cons

  • Debtor days have increased from 1.99 to 2.09days.
  • Stock is trading at 10.3 times its book value.
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