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NSE:THANGAMAYL

THANGAMAYIL JEWELLERY LTD

Consumer Durables › Consumer Durables·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+5
₹4,675.50
at close · 28 Oct 2026
▼ 99.50 (-2.08%)

Latest filings

Next results: Wed, 4 Nov · Financial Results
  1. Board to approve Q2 and half-year results on November 4, 2026 · Results
  2. Routine quarterly demat compliance certificate filed with exchanges · Compliance
  3. Trading window closed for Q2 FY26-27 results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a chain of 66 jewellery showrooms concentrated in Tamil Nadu, selling primarily gold ornaments (about 89.8% of revenue) along with other jewellery. The retail footprint is being expanded, with two new Chennai outlets opened recently, four more planned in the city, and nine new showrooms targeted in FY27, with a stated goal of reaching 100 stores by 2030. Chennai now contributes around 20% of turnover and the urban share of business has grown from 31% to 42%. FY26 revenue stood at Rs 8,499.33 cr and Q1 FY27 revenue at Rs 2,662 cr, with same-store sales growth of 44.4% year-on-year in Q1 FY27 and active customers reaching 45 lakh. Costs are dominated by raw materials (gold) at Rs 8,507.44 cr in FY26, roughly equal to revenue, with employee cost, other opex and depreciation together adding only a few percentage points.

Operating scale
Showrooms
66 showrooms in one stateFY26
Employees
3,450FY26
Active customers
45 lakhFY26
Same-store sales growth
44.4% YoYQ1 FY27
Store expansion plan
9 new showrooms in FY27, targeting 100 stores by 2030FY27 onward
Chennai share of turnover
20%FY26
Who pays it
Retail jewellery buyers in Tamil Nadu, with rising urban share (42% in FY26)
Biggest cost
Raw materials (gold) at Rs 8,507.44 cr in FY26, around 100% of revenue
Kind of business
Regional, single-state jewellery retail chain with heavy gold inventory
Where it sits
Tamil Nadu-based 66-showroom gold jewellery retailer targeting 100 stores by 2030
Market Cap
₹14,531 Cr
P / E (TTM)
37.2×
EV / EBITDA
24.0×
Div Yield
0.27%
Growth
36.1%▲
Revenue 5y CAGR
PAT +32.4% · EBITDA +31.0%
Quality
26.4%▲
ROCE (5y median)
ROE 20.5% (5y median) · margin 6.8%
Leverage
0.58·
Debt / Equity · moderate
Net debt ₹701 Cr
Revenue FY21→FY26
4.7×▲
Margin −0.6 pts
₹1,819 Cr → ₹8,499 Cr
Cash conversion
0.22×▼
Operating cash ÷ profit · 5 yrs
₹160 Cr on ₹712 Cr
Moves on a normal day
1.85%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 29 Gems Jewellery And Watches peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#19/29
P/B#24/28
ROCE#3/28
ROE#3/28
Debt / Equity#21/28
EBITDA margin#25/30
Revenue growth#5/25
Profit growth#7/25

Scorecard

Measured from the filed financials, judged against its Gems Jewellery And Watches peers · as of FY26 — not investment advice

Strengths
Revenue compounding 36% a year over 5 years
Profit compounding 32% a year over 5 years
Returns on capital 26.4% (5-year median)
#3 of 28 in Gems Jewellery And Watches on the latest reported figures · down from 38.0% in FY21
Concerns
Over 5 years it reported ₹712 Cr of profit and ₹160 Cr of operating cash — 0.22×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 127 days of cash tied up
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

THANGAMAYL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from THANGAMAYIL JEWELLERY LTD's filed financials and exchange disclosures

What does THANGAMAYIL JEWELLERY LTD do?

THANGAMAYIL JEWELLERY LTD is a Consumer Durables company listed on NSE and BSE, trading under the symbol THANGAMAYL.

Is THANGAMAYIL JEWELLERY LTD profitable?

Yes. Over the trailing twelve months THANGAMAYIL JEWELLERY LTD reported a net profit of ₹391 Cr on revenue of ₹9,606 Cr.

Does THANGAMAYIL JEWELLERY LTD pay a dividend?

Yes. The dividend yield is 0.27% at the current price. It paid out 11% of its profit as dividend in FY26.

Is THANGAMAYIL JEWELLERY LTD debt-free?

No. It reported borrowings of ₹826 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹701 Cr after cash. Debt stands at 0.58× equity. That is higher than 74% of its 28 Gems Jewellery And Watches peers.

Is THANGAMAYIL JEWELLERY LTD expensive compared with its peers?

On trailing P/E, THANGAMAYIL JEWELLERY LTD ranks 19 of 29 in Gems Jewellery And Watches — cheaper than 36% of them, against an industry median of 23.8×. This is a position, not a valuation judgement.

How much does the THANGAMAYIL JEWELLERY LTD share price move in a day?

On a typical session THANGAMAYIL JEWELLERY LTD moves 1.85% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are THANGAMAYIL JEWELLERY LTD's next results?

Financial Results on Wed, 4 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track THANGAMAYIL JEWELLERY LTD's announcements?

Every NSE and BSE filing by THANGAMAYIL JEWELLERY LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.