The Exchange had sought clarification from Thangamayil Jewellery Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is enclosed.
THANGAMAYL · price
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Thangamayil Jewellery responded to NSE's queries about XBRL format discrepancies and filing-path clarifications for its Q4 and FY25 results, confirming the audited results were properly submitted. For the full year ended March 31, 2025, total income from operations grew 28% YoY to Rs. 4,91,630 lakhs (vs Rs. 3,83,218 lakhs), but profit for the year dipped slightly to Rs. 11,871 lakhs from Rs. 12,324 lakhs, with EPS at Rs. 42.00 vs Rs. 43.93. The Board recommended a final dividend of Rs. 12.50 per share (125%), up from Rs. 10 per share last year, with total payout of Rs. 3,885 lakhs. Retail sales rose 28% YoY to Rs. 4,720 Crs across 62 outlets, while the company raised Rs. 510 Crores via a Rights Issue in March 2025 to fund new stores and inventory, with no deviation in use of proceeds.
Shareholders get a higher dividend payout despite a marginal dip in annual profit, while the strong revenue growth and aggressive Chennai expansion (6 new outlets, T. Nagar flagship already opened) signal future earnings potential. The customs duty hit of Rs. 15.47 Crs and higher promotional/depreciation costs are flagged as one-time drags on FY25 profits.