Share Price and Basic Stock Data
Last Updated: October 28, 2025, 7:22 pm
| PEG Ratio | 2.64 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Thangamayil Jewellery Ltd operates in the diamond cutting, precious metals, and jewellery industry, with its share price currently standing at ₹2,082 and a market capitalization of ₹6,470 Cr. The company reported a significant increase in sales, rising from ₹2,193 Cr in March 2022 to ₹3,153 Cr in March 2023, and further to ₹3,827 Cr in March 2024. This upward trajectory continued with a trailing twelve months (TTM) revenue of ₹5,252 Cr. The quarterly sales figures also reflect this growth, with sales jumping from ₹772 Cr in March 2023 to ₹960 Cr in June 2023, and peaking at ₹1,558 Cr in June 2025. The company has shown resilience in a challenging market, maintaining a consistent sales growth rate, which positions it favorably within the jewellery sector. The increase in sales can be attributed to a robust demand for gold and diamond jewellery, particularly during festive seasons, coupled with Thangamayil’s expanding retail footprint.
Profitability and Efficiency Metrics
Thangamayil Jewellery Ltd reported a net profit of ₹108 Cr, with a P/E ratio of 60.0, indicating a premium valuation compared to industry standards. The company achieved an operating profit margin (OPM) of 6%, with the operating profit for the fiscal year ending March 2025 recorded at ₹219 Cr. The operating profit margin has shown fluctuations, hitting a high of 10% in June 2023 but declining to 4% in March 2025. The return on equity (ROE) stood at 14.9%, while the return on capital employed (ROCE) was measured at 13.7%. These profitability ratios are moderate when compared to sector norms, suggesting that while Thangamayil is profitable, there is room for improvement in operational efficiency. Its cash conversion cycle (CCC) of 162 days indicates a longer duration in converting investments in inventory and receivables into cash, which could be an area for operational focus.
Balance Sheet Strength and Financial Ratios
The balance sheet of Thangamayil Jewellery Ltd reflects a total equity capital of ₹31 Cr and reserves of ₹1,071 Cr as of March 2025, indicating a strong equity base. However, the company also reported total borrowings of ₹797 Cr, leading to a debt-to-equity ratio of 0.68, which is relatively high. This level of leverage can pose risks, especially in a volatile market environment, but the interest coverage ratio (ICR) of 5.47x suggests that the company is well-positioned to meet its interest obligations. The price-to-book value (P/BV) ratio of 5.66x indicates that investors are willing to pay a premium for the stock, reflecting confidence in its growth potential. The current ratio of 1.72x demonstrates adequate short-term liquidity, suggesting that the company can cover its short-term liabilities effectively. Overall, while the balance sheet shows strength in reserves, the significant borrowings warrant careful monitoring.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Thangamayil Jewellery Ltd indicates a strong promoter holding of 61.56%, providing stability and confidence in the company’s governance. The foreign institutional investors (FIIs) have increased their stake to 4.61%, while domestic institutional investors (DIIs) hold 15.25% of the shares, reflecting a growing interest from institutional investors. The number of shareholders has also risen significantly, from 14,890 in December 2022 to 46,389 by March 2025, indicating robust investor interest and engagement. This increase in public participation, along with a steady promoter share, suggests a solid foundation for future growth. However, the decline in promoter holding from 67.16% in March 2023 to 61.56% may raise concerns about potential dilution of control and influence in strategic decisions.
Outlook, Risks, and Final Insight
Looking ahead, Thangamayil Jewellery Ltd faces both opportunities and challenges. The growing demand for jewellery, especially during festive seasons, presents a favorable market environment for revenue growth. However, risks such as fluctuating gold prices and increased competition in the jewellery sector could impact profitability. Additionally, the high level of debt could pose challenges if market conditions worsen, leading to tighter liquidity. The company’s ability to improve operational efficiency and manage its working capital effectively will be crucial in navigating these challenges. If Thangamayil can leverage its strong market position and enhance its operational metrics, it is likely to maintain a competitive edge. Conversely, failure to address its operational inefficiencies and manage debt levels could hinder its growth trajectory and investor confidence.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Thangamayil Jewellery Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Thangamayil Jewellery Ltd | 6,480 Cr. | 2,084 | 2,299/1,523 | 60.1 | 355 | 0.60 % | 13.7 % | 14.9 % | 10.0 |
| Silgo Retail Ltd | 154 Cr. | 65.9 | 79.0/26.2 | 33.0 | 31.6 | 0.00 % | 10.5 % | 7.96 % | 10.0 |
| Shubhlaxmi Jewel Art Ltd | 12.8 Cr. | 14.5 | 36.6/13.4 | 14.2 | 25.6 | 0.00 % | 7.98 % | 4.07 % | 10.0 |
| Renaissance Global Ltd | 1,439 Cr. | 134 | 207/102 | 19.0 | 130 | 0.00 % | 7.39 % | 6.02 % | 2.00 |
| Rajesh Exports Ltd | 5,266 Cr. | 179 | 270/151 | 71.7 | 531 | 0.00 % | 1.47 % | 0.61 % | 1.00 |
| Industry Average | 3,521.33 Cr | 339.38 | 162.00 | 139.94 | 0.08% | 6.50% | 8.99% | 6.75 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 826 | 813 | 745 | 772 | 960 | 993 | 896 | 983 | 1,222 | 1,181 | 1,132 | 1,381 | 1,558 |
| Expenses | 790 | 782 | 715 | 713 | 868 | 969 | 845 | 933 | 1,130 | 1,188 | 1,049 | 1,323 | 1,471 |
| Operating Profit | 36 | 32 | 30 | 59 | 92 | 24 | 51 | 50 | 92 | -7 | 83 | 57 | 87 |
| OPM % | 4% | 4% | 4% | 8% | 10% | 2% | 6% | 5% | 7% | -1% | 7% | 4% | 6% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 8 | 8 | 9 | 11 | 10 | 9 | 9 | 9 | 9 | 11 | 10 | 11 | 15 |
| Depreciation | 2 | 3 | 2 | 6 | 3 | 4 | 4 | 5 | 5 | 6 | 5 | 7 | 7 |
| Profit before tax | 26 | 21 | 19 | 42 | 79 | 12 | 38 | 36 | 77 | -24 | 67 | 39 | 65 |
| Tax % | 27% | 25% | 26% | 26% | 26% | 32% | 26% | 22% | 27% | -26% | 29% | 19% | 30% |
| Net Profit | 19 | 16 | 14 | 31 | 59 | 8 | 28 | 28 | 57 | -17 | 48 | 31 | 46 |
| EPS in Rs | 6.12 | 5.15 | 4.44 | 10.01 | 18.91 | 2.70 | 9.00 | 9.08 | 18.19 | -5.61 | 15.50 | 10.10 | 14.71 |
Last Updated: August 1, 2025, 10:30 am
Below is a detailed analysis of the quarterly data for Thangamayil Jewellery Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,558.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,381.00 Cr. (Mar 2025) to 1,558.00 Cr., marking an increase of 177.00 Cr..
- For Expenses, as of Jun 2025, the value is 1,471.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,323.00 Cr. (Mar 2025) to 1,471.00 Cr., marking an increase of 148.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 87.00 Cr.. The value appears strong and on an upward trend. It has increased from 57.00 Cr. (Mar 2025) to 87.00 Cr., marking an increase of 30.00 Cr..
- For OPM %, as of Jun 2025, the value is 6.00%. The value appears strong and on an upward trend. It has increased from 4.00% (Mar 2025) to 6.00%, marking an increase of 2.00%.
- For Other Income, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Interest, as of Jun 2025, the value is 15.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11.00 Cr. (Mar 2025) to 15.00 Cr., marking an increase of 4.00 Cr..
- For Depreciation, as of Jun 2025, the value is 7.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 7.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 65.00 Cr.. The value appears strong and on an upward trend. It has increased from 39.00 Cr. (Mar 2025) to 65.00 Cr., marking an increase of 26.00 Cr..
- For Tax %, as of Jun 2025, the value is 30.00%. The value appears to be increasing, which may not be favorable. It has increased from 19.00% (Mar 2025) to 30.00%, marking an increase of 11.00%.
- For Net Profit, as of Jun 2025, the value is 46.00 Cr.. The value appears strong and on an upward trend. It has increased from 31.00 Cr. (Mar 2025) to 46.00 Cr., marking an increase of 15.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 14.71. The value appears strong and on an upward trend. It has increased from 10.10 (Mar 2025) to 14.71, marking an increase of 4.61.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:18 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,191 | 1,421 | 1,272 | 1,299 | 1,379 | 1,443 | 1,692 | 1,819 | 2,193 | 3,153 | 3,827 | 4,911 | 5,252 |
| Expenses | 1,177 | 1,418 | 1,228 | 1,251 | 1,320 | 1,373 | 1,594 | 1,672 | 2,107 | 3,000 | 3,614 | 4,692 | 5,032 |
| Operating Profit | 15 | 3 | 43 | 48 | 59 | 71 | 98 | 147 | 86 | 153 | 212 | 219 | 220 |
| OPM % | 1% | 0% | 3% | 4% | 4% | 5% | 6% | 8% | 4% | 5% | 6% | 4% | 4% |
| Other Income | 5 | 2 | 3 | 1 | 2 | 3 | 3 | 2 | 2 | 3 | 5 | 6 | 0 |
| Interest | 35 | 29 | 24 | 21 | 19 | 20 | 21 | 23 | 26 | 35 | 36 | 41 | 47 |
| Depreciation | 6 | 8 | 8 | 9 | 8 | 8 | 10 | 9 | 10 | 13 | 16 | 24 | 25 |
| Profit before tax | -21 | -33 | 14 | 19 | 34 | 46 | 69 | 117 | 52 | 108 | 165 | 160 | 148 |
| Tax % | -39% | -32% | 26% | 28% | 33% | 34% | 34% | 26% | 26% | 26% | 25% | 26% | |
| Net Profit | -13 | -22 | 11 | 14 | 23 | 30 | 46 | 87 | 39 | 80 | 123 | 119 | 108 |
| EPS in Rs | -4.05 | -7.19 | 3.40 | 4.51 | 7.38 | 9.76 | 14.73 | 27.93 | 12.44 | 25.72 | 39.63 | 38.19 | 34.70 |
| Dividend Payout % | -11% | -6% | 13% | 20% | 21% | 23% | 15% | 16% | 36% | 21% | 22% | 33% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -69.23% | 150.00% | 27.27% | 64.29% | 30.43% | 53.33% | 89.13% | -55.17% | 105.13% | 53.75% | -3.25% |
| Change in YoY Net Profit Growth (%) | 0.00% | 219.23% | -122.73% | 37.01% | -33.85% | 22.90% | 35.80% | -144.30% | 160.30% | -51.38% | -57.00% |
Thangamayil Jewellery Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 24% |
| 3 Years: | 31% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 21% |
| 3 Years: | 45% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | 65% |
| 3 Years: | 59% |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 21% |
| 3 Years: | 20% |
| Last Year: | 15% |
Last Updated: September 5, 2025, 1:41 pm
Balance Sheet
Last Updated: July 25, 2025, 2:13 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 27 | 31 |
| Reserves | 140 | 115 | 124 | 136 | 155 | 179 | 206 | 284 | 311 | 375 | 466 | 1,071 |
| Borrowings | 236 | 185 | 146 | 119 | 229 | 178 | 260 | 323 | 417 | 571 | 532 | 797 |
| Other Liabilities | 89 | 101 | 118 | 168 | 213 | 282 | 235 | 154 | 163 | 287 | 456 | 660 |
| Total Liabilities | 479 | 414 | 402 | 437 | 611 | 652 | 715 | 775 | 905 | 1,247 | 1,481 | 2,559 |
| Fixed Assets | 82 | 74 | 78 | 72 | 74 | 71 | 81 | 79 | 84 | 120 | 154 | 201 |
| CWIP | 7 | 8 | 1 | 1 | 1 | 1 | 2 | 2 | 7 | 2 | 2 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 390 | 332 | 323 | 364 | 536 | 580 | 633 | 694 | 814 | 1,125 | 1,325 | 2,347 |
| Total Assets | 479 | 414 | 402 | 437 | 611 | 652 | 715 | 775 | 905 | 1,247 | 1,481 | 2,559 |
Below is a detailed analysis of the balance sheet data for Thangamayil Jewellery Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 31.00 Cr.. The value appears strong and on an upward trend. It has increased from 27.00 Cr. (Mar 2024) to 31.00 Cr., marking an increase of 4.00 Cr..
- For Reserves, as of Mar 2025, the value is 1,071.00 Cr.. The value appears strong and on an upward trend. It has increased from 466.00 Cr. (Mar 2024) to 1,071.00 Cr., marking an increase of 605.00 Cr..
- For Borrowings, as of Mar 2025, the value is 797.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 532.00 Cr. (Mar 2024) to 797.00 Cr., marking an increase of 265.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 660.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 456.00 Cr. (Mar 2024) to 660.00 Cr., marking an increase of 204.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 2,559.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,481.00 Cr. (Mar 2024) to 2,559.00 Cr., marking an increase of 1,078.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 201.00 Cr.. The value appears strong and on an upward trend. It has increased from 154.00 Cr. (Mar 2024) to 201.00 Cr., marking an increase of 47.00 Cr..
- For CWIP, as of Mar 2025, the value is 11.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Mar 2024) to 11.00 Cr., marking an increase of 9.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 2,347.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,325.00 Cr. (Mar 2024) to 2,347.00 Cr., marking an increase of 1,022.00 Cr..
- For Total Assets, as of Mar 2025, the value is 2,559.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,481.00 Cr. (Mar 2024) to 2,559.00 Cr., marking an increase of 1,078.00 Cr..
Notably, the Reserves (1,071.00 Cr.) exceed the Borrowings (797.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -221.00 | -182.00 | -103.00 | -71.00 | -170.00 | -107.00 | -162.00 | -176.00 | -331.00 | -418.00 | -320.00 | -578.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 1 |
| Inventory Days | 113 | 77 | 87 | 96 | 140 | 143 | 139 | 149 | 139 | 127 | 127 | 164 |
| Days Payable | 2 | 9 | 14 | 27 | 17 | 21 | 9 | 3 | 1 | 3 | 2 | 3 |
| Cash Conversion Cycle | 111 | 68 | 73 | 69 | 123 | 122 | 130 | 146 | 138 | 125 | 125 | 162 |
| Working Capital Days | 20 | 16 | 24 | 21 | 22 | 25 | 34 | 52 | 53 | 38 | 36 | 54 |
| ROCE % | 4% | -1% | 13% | 15% | 16% | 17% | 21% | 25% | 11% | 17% | 20% | 14% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| DSP Small Cap Fund | 1,337,384 | 1.48 | 199.45 | 1,337,384 | 2025-04-22 15:56:52 | 0% |
| SBI Small Cap Fund | 1,140,000 | 0.72 | 170.01 | 1,140,000 | 2025-04-22 14:12:24 | 0% |
| SBI Conservative Hybrid Fund | 500,000 | 0.73 | 68.59 | 500,000 | 2025-04-22 15:56:52 | 0% |
| SBI Conservative Hybrid Fund - Div (Annual) | 500,000 | 0.73 | 68.59 | 500,000 | 2025-04-22 15:56:52 | 0% |
| SBI Conservative Hybrid Fund - Div (Monthly) | 500,000 | 0.73 | 68.59 | 500,000 | 2025-04-22 15:56:52 | 0% |
| SBI Magnum Childrens Benefit Fund - Investment Plan | 143,847 | 1.43 | 21.45 | 143,847 | 2025-04-22 15:56:52 | 0% |
| SBI Magnum Children Benefit Plan | 7,000 | 0.9 | 0.96 | 7,000 | 2025-04-22 15:56:52 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 42.00 | 44.91 | 58.13 | 28.09 | 63.11 |
| Diluted EPS (Rs.) | 42.00 | 44.91 | 58.13 | 28.09 | 63.11 |
| Cash EPS (Rs.) | 45.82 | 50.87 | 67.88 | 35.13 | 70.01 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 354.68 | 179.73 | 283.38 | 236.35 | 217.15 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 354.68 | 179.73 | 283.38 | 236.35 | 217.15 |
| Dividend / Share (Rs.) | 12.50 | 10.00 | 12.00 | 10.00 | 10.00 |
| Revenue From Operations / Share (Rs.) | 1579.98 | 1394.60 | 2297.84 | 1598.49 | 1325.56 |
| PBDIT / Share (Rs.) | 72.29 | 79.36 | 113.89 | 64.04 | 108.86 |
| PBIT / Share (Rs.) | 64.67 | 73.40 | 104.13 | 57.01 | 101.95 |
| PBT / Share (Rs.) | 51.45 | 60.16 | 78.67 | 37.92 | 85.26 |
| Net Profit / Share (Rs.) | 38.19 | 44.91 | 58.12 | 28.09 | 63.11 |
| PBDIT Margin (%) | 4.57 | 5.69 | 4.95 | 4.00 | 8.21 |
| PBIT Margin (%) | 4.09 | 5.26 | 4.53 | 3.56 | 7.69 |
| PBT Margin (%) | 3.25 | 4.31 | 3.42 | 2.37 | 6.43 |
| Net Profit Margin (%) | 2.41 | 3.22 | 2.52 | 1.75 | 4.76 |
| Return on Networth / Equity (%) | 10.76 | 24.98 | 20.50 | 11.88 | 29.06 |
| Return on Capital Employeed (%) | 16.60 | 31.92 | 26.36 | 17.78 | 38.00 |
| Return On Assets (%) | 4.63 | 8.32 | 6.39 | 4.25 | 11.17 |
| Long Term Debt / Equity (X) | 0.06 | 0.23 | 0.34 | 0.32 | 0.20 |
| Total Debt / Equity (X) | 0.68 | 1.01 | 1.41 | 1.11 | 0.90 |
| Asset Turnover Ratio (%) | 2.43 | 2.81 | 2.93 | 2.61 | 2.44 |
| Current Ratio (X) | 1.72 | 1.54 | 1.58 | 1.72 | 1.68 |
| Quick Ratio (X) | 0.25 | 0.13 | 0.18 | 0.10 | 0.08 |
| Inventory Turnover Ratio (X) | 3.11 | 3.16 | 3.15 | 2.79 | 2.69 |
| Dividend Payout Ratio (NP) (%) | 13.86 | 15.58 | 18.92 | 32.03 | 9.50 |
| Dividend Payout Ratio (CP) (%) | 11.55 | 13.76 | 16.20 | 25.61 | 8.56 |
| Earning Retention Ratio (%) | 86.14 | 84.42 | 81.08 | 67.97 | 90.50 |
| Cash Earning Retention Ratio (%) | 88.45 | 86.24 | 83.80 | 74.39 | 91.44 |
| Interest Coverage Ratio (X) | 5.47 | 5.99 | 4.47 | 3.36 | 6.52 |
| Interest Coverage Ratio (Post Tax) (X) | 3.89 | 4.39 | 3.28 | 2.47 | 4.78 |
| Enterprise Value (Cr.) | 6747.79 | 3954.63 | 1848.21 | 1832.92 | 1057.20 |
| EV / Net Operating Revenue (X) | 1.37 | 1.03 | 0.58 | 0.83 | 0.58 |
| EV / EBITDA (X) | 30.03 | 18.16 | 11.83 | 20.86 | 7.08 |
| MarketCap / Net Operating Revenue (X) | 1.27 | 0.92 | 0.43 | 0.67 | 0.44 |
| Retention Ratios (%) | 86.13 | 84.41 | 81.07 | 67.96 | 90.49 |
| Price / BV (X) | 5.66 | 7.17 | 3.54 | 4.59 | 2.70 |
| Price / Net Operating Revenue (X) | 1.27 | 0.92 | 0.43 | 0.67 | 0.44 |
| EarningsYield | 0.01 | 0.03 | 0.05 | 0.02 | 0.10 |
After reviewing the key financial ratios for Thangamayil Jewellery Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 42.00. This value is within the healthy range. It has decreased from 44.91 (Mar 24) to 42.00, marking a decrease of 2.91.
- For Diluted EPS (Rs.), as of Mar 25, the value is 42.00. This value is within the healthy range. It has decreased from 44.91 (Mar 24) to 42.00, marking a decrease of 2.91.
- For Cash EPS (Rs.), as of Mar 25, the value is 45.82. This value is within the healthy range. It has decreased from 50.87 (Mar 24) to 45.82, marking a decrease of 5.05.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 354.68. It has increased from 179.73 (Mar 24) to 354.68, marking an increase of 174.95.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 354.68. It has increased from 179.73 (Mar 24) to 354.68, marking an increase of 174.95.
- For Dividend / Share (Rs.), as of Mar 25, the value is 12.50. This value exceeds the healthy maximum of 3. It has increased from 10.00 (Mar 24) to 12.50, marking an increase of 2.50.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1,579.98. It has increased from 1,394.60 (Mar 24) to 1,579.98, marking an increase of 185.38.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 72.29. This value is within the healthy range. It has decreased from 79.36 (Mar 24) to 72.29, marking a decrease of 7.07.
- For PBIT / Share (Rs.), as of Mar 25, the value is 64.67. This value is within the healthy range. It has decreased from 73.40 (Mar 24) to 64.67, marking a decrease of 8.73.
- For PBT / Share (Rs.), as of Mar 25, the value is 51.45. This value is within the healthy range. It has decreased from 60.16 (Mar 24) to 51.45, marking a decrease of 8.71.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 38.19. This value is within the healthy range. It has decreased from 44.91 (Mar 24) to 38.19, marking a decrease of 6.72.
- For PBDIT Margin (%), as of Mar 25, the value is 4.57. This value is below the healthy minimum of 10. It has decreased from 5.69 (Mar 24) to 4.57, marking a decrease of 1.12.
- For PBIT Margin (%), as of Mar 25, the value is 4.09. This value is below the healthy minimum of 10. It has decreased from 5.26 (Mar 24) to 4.09, marking a decrease of 1.17.
- For PBT Margin (%), as of Mar 25, the value is 3.25. This value is below the healthy minimum of 10. It has decreased from 4.31 (Mar 24) to 3.25, marking a decrease of 1.06.
- For Net Profit Margin (%), as of Mar 25, the value is 2.41. This value is below the healthy minimum of 5. It has decreased from 3.22 (Mar 24) to 2.41, marking a decrease of 0.81.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.76. This value is below the healthy minimum of 15. It has decreased from 24.98 (Mar 24) to 10.76, marking a decrease of 14.22.
- For Return on Capital Employeed (%), as of Mar 25, the value is 16.60. This value is within the healthy range. It has decreased from 31.92 (Mar 24) to 16.60, marking a decrease of 15.32.
- For Return On Assets (%), as of Mar 25, the value is 4.63. This value is below the healthy minimum of 5. It has decreased from 8.32 (Mar 24) to 4.63, marking a decrease of 3.69.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.06. This value is below the healthy minimum of 0.2. It has decreased from 0.23 (Mar 24) to 0.06, marking a decrease of 0.17.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.68. This value is within the healthy range. It has decreased from 1.01 (Mar 24) to 0.68, marking a decrease of 0.33.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 2.43. It has decreased from 2.81 (Mar 24) to 2.43, marking a decrease of 0.38.
- For Current Ratio (X), as of Mar 25, the value is 1.72. This value is within the healthy range. It has increased from 1.54 (Mar 24) to 1.72, marking an increase of 0.18.
- For Quick Ratio (X), as of Mar 25, the value is 0.25. This value is below the healthy minimum of 1. It has increased from 0.13 (Mar 24) to 0.25, marking an increase of 0.12.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.11. This value is below the healthy minimum of 4. It has decreased from 3.16 (Mar 24) to 3.11, marking a decrease of 0.05.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 13.86. This value is below the healthy minimum of 20. It has decreased from 15.58 (Mar 24) to 13.86, marking a decrease of 1.72.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 11.55. This value is below the healthy minimum of 20. It has decreased from 13.76 (Mar 24) to 11.55, marking a decrease of 2.21.
- For Earning Retention Ratio (%), as of Mar 25, the value is 86.14. This value exceeds the healthy maximum of 70. It has increased from 84.42 (Mar 24) to 86.14, marking an increase of 1.72.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 88.45. This value exceeds the healthy maximum of 70. It has increased from 86.24 (Mar 24) to 88.45, marking an increase of 2.21.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 5.47. This value is within the healthy range. It has decreased from 5.99 (Mar 24) to 5.47, marking a decrease of 0.52.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.89. This value is within the healthy range. It has decreased from 4.39 (Mar 24) to 3.89, marking a decrease of 0.50.
- For Enterprise Value (Cr.), as of Mar 25, the value is 6,747.79. It has increased from 3,954.63 (Mar 24) to 6,747.79, marking an increase of 2,793.16.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.37. This value is within the healthy range. It has increased from 1.03 (Mar 24) to 1.37, marking an increase of 0.34.
- For EV / EBITDA (X), as of Mar 25, the value is 30.03. This value exceeds the healthy maximum of 15. It has increased from 18.16 (Mar 24) to 30.03, marking an increase of 11.87.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.27. This value is within the healthy range. It has increased from 0.92 (Mar 24) to 1.27, marking an increase of 0.35.
- For Retention Ratios (%), as of Mar 25, the value is 86.13. This value exceeds the healthy maximum of 70. It has increased from 84.41 (Mar 24) to 86.13, marking an increase of 1.72.
- For Price / BV (X), as of Mar 25, the value is 5.66. This value exceeds the healthy maximum of 3. It has decreased from 7.17 (Mar 24) to 5.66, marking a decrease of 1.51.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.27. This value is within the healthy range. It has increased from 0.92 (Mar 24) to 1.27, marking an increase of 0.35.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.01, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Thangamayil Jewellery Ltd:
- Net Profit Margin: 2.41%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 16.6% (Industry Average ROCE: 6.5%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.76% (Industry Average ROE: 8.99%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 3.89
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.25
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 60.1 (Industry average Stock P/E: 162)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.68
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.41%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Gems, Jewellery & Precious Metals | No.124, Nethaji Road, Madurai Tamil Nadu 625001 | companysecretary@thangamayil.com http://www.thangamayil.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Balarama Govinda Das | Chairman & Managing Director |
| Mr. N B Kumar | Joint Managing Director |
| Mr. Ba Ramesh | Joint Managing Director |
| Ms. Yamuna Vasini Deva Dasi | Non Executive Director |
| Mr. S M Chandrasekaran | Independent Director |
| Mrs. Jeevagan Rajakumari | Independent Director |
| Dr. N Jegatheesan | Independent Director |
| Mr. K Thiruppathi Rajan | Independent Director |
FAQ
What is the intrinsic value of Thangamayil Jewellery Ltd?
Thangamayil Jewellery Ltd's intrinsic value (as of 28 October 2025) is 2558.45 which is 22.77% higher the current market price of 2,084.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 6,480 Cr. market cap, FY2025-2026 high/low of 2,299/1,523, reserves of ₹1,071 Cr, and liabilities of 2,559 Cr.
What is the Market Cap of Thangamayil Jewellery Ltd?
The Market Cap of Thangamayil Jewellery Ltd is 6,480 Cr..
What is the current Stock Price of Thangamayil Jewellery Ltd as on 28 October 2025?
The current stock price of Thangamayil Jewellery Ltd as on 28 October 2025 is 2,084.
What is the High / Low of Thangamayil Jewellery Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Thangamayil Jewellery Ltd stocks is 2,299/1,523.
What is the Stock P/E of Thangamayil Jewellery Ltd?
The Stock P/E of Thangamayil Jewellery Ltd is 60.1.
What is the Book Value of Thangamayil Jewellery Ltd?
The Book Value of Thangamayil Jewellery Ltd is 355.
What is the Dividend Yield of Thangamayil Jewellery Ltd?
The Dividend Yield of Thangamayil Jewellery Ltd is 0.60 %.
What is the ROCE of Thangamayil Jewellery Ltd?
The ROCE of Thangamayil Jewellery Ltd is 13.7 %.
What is the ROE of Thangamayil Jewellery Ltd?
The ROE of Thangamayil Jewellery Ltd is 14.9 %.
What is the Face Value of Thangamayil Jewellery Ltd?
The Face Value of Thangamayil Jewellery Ltd is 10.0.