Thangamayil Jewellery Limited
Thangamayil Jewellery Limited operates in Gems, Jewellery And Watches, part of the Consumer Durables sector. It booked ₹2,662 cr of revenue in its latest quarter (Q1 FY27) and kept 3.2% of sales as profit. It is the 3rd largest of 9 Gems, Jewellery And Watches companies we track, by market value.
Healthier than 55% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 25–41 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 31
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in THANGAMAYL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,662 cr |
| Other Income | ₹4 cr |
| Total Income | ₹2,666 cr |
| Cost of Materials | ₹2,776 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Inventory Change (±) | ₹-360 cr |
| Employee Benefit Expense | ₹40 cr |
| Finance Costs | ₹18 cr |
| Depreciation & Amortisation | ₹11 cr |
| Other Expenses | ₹65 cr |
| Total Expenses | ₹2,551 cr |
| Profit before Tax | ₹115 cr |
| Tax Expense | ₹30 cr |
| Net Profit | ₹85 cr |
| Net margin on total income | 3.2% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 2,401 cr | 2,838 cr | 2,662 cr |
| Total income | 2,406 cr | 2,839 cr | 2,666 cr |
| Expenses | 2,260 cr | 2,657 cr | 2,551 cr |
| Profit before tax | 143 cr | 182 cr | 115 cr |
| Tax | 38 cr | 40 cr | 30 cr |
| Net profit (owners' share) | 105 cr | 143 cr | 85 cr |
| Net margin (owners' share, on revenue) | 4.4% | 5.0% | 3.2% |
| EPS (₹) | 33.71 | 45.89 | 27.38 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Titan Company Limited | ₹4,841 | ₹4.30 L cr | 60.4 | 45.3% | 8.3% | — |
| Kalyan Jewellers India Limited | ₹581 | ₹60,049 cr | 43.0 | 22.1% | 3.3% | — |
| Thangamayil Jewellery Limitedthis company | ₹4,811 | ₹14,953 cr | 43.9 | 24.0% | 3.2% | — |
| Lalithaa Jewellery Mart Limited | ₹290 | ₹14,519 cr | 17.5 | — | 3.5% | — |
| BlueStone Jewellery and Lifestyle Limited | ₹831 | ₹12,667 cr | 451.7 | 1.5% | 0.9% | — |
| SKY GOLD AND DIAMONDS LIMITED | ₹793 | ₹12,286 cr | 29.7 | 34.5% | 5.1% | — |
| PC Jeweller Limited | ₹12 | ₹11,992 cr | 13.4 | 10.9% | 25.3% | — |
| P N Gadgil Jewellers Limited | ₹601 | ₹8,158 cr | 19.4 | 21.5% | 4.4% | — |
| Ethos Limited | ₹2,651 | ₹7,093 cr | 63.1 | 7.6% | 6.1% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹18 / share | 22 Jul 2026 |
| Dividend | ₹12.5 / share | 21 Jul 2025 |
| Rights issue | 15:2 | 11 Feb 2025 |
| Dividend | ₹6 / share | 18 Jul 2024 |
| Dividend | ₹4 / share | 12 Feb 2024 |
| Bonus issue | 1:1 | 17 Jul 2023 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Mar 2025, the company says it has spent 75% of what it set aside, leaving ₹127 cr still to be spent. CARE RATINGS LIMITED watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing