Thangamayil Jewellery
Thangamayil Jewellery Share Price Chart
Thangamayil Jewellery last traded at ₹4,891.00 (2026-10-13). Over the past month the stock moved -4.1%, three months the stock moved +28.5%, year the stock moved +127.0%. Its closing range over 52 weeks is ₹1,962.90 – ₹5,508.80, with the latest close 11.2% below the high.
Closing prices up to 2026-10-13.
About Thangamayil Jewellery
Thangamayil Jewellery Limited operates a chain of retail jewellery stores across several districts in Tamil Nadu, a state that have the largest share (40%) of India's total gold consumption.
Product Mix Their product mix includes all items made in Gold, Silver & Diamond apart from certain gift category MRP items,[1] with 75% of its revenue from gold jewelry.[2]
Fundamentals
Quarterly Results
In the latest quarter (Jun 2026), Thangamayil Jewellery reported sales of ₹2,666.00 crore (+71.1%) and net profit of ₹85.00 crore (+84.8%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Jun 2026 | 2,666 | 145.00 | 5.00 | 85.00 | 27.38 |
| Mar 2026 | 2,839 | 214.00 | 8.00 | 143.00 | 45.90 |
| Dec 2025 | 2,406 | 172.00 | 7.00 | 105.00 | 33.71 |
| Sep 2025 | 1,711 | 106.00 | 6.00 | 59.00 | 18.82 |
| Jun 2025 | 1,558 | 87.00 | 6.00 | 46.00 | 14.71 |
| Mar 2025 | 1,381 | 57.00 | 4.20 | 31.00 | 10.10 |
| Dec 2024 | 1,132 | 83.00 | 7.00 | 48.00 | 15.50 |
| Sep 2024 | 1,181 | -7.00 | -0.60 | -17.00 | -5.61 |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +18.9% | +26.3% | +40.5% | +27.5% | +44.9% | +112.5% | +105.6% | +71.1% |
| Operating profit growth | -129.2% | +62.7% | +14.0% | -5.4% | – | +107.2% | +275.4% | +66.7% |
| Net profit growth | -312.5% | +71.4% | +10.7% | -19.3% | – | +118.8% | +361.3% | +84.8% |
| EPS growth | -307.8% | +72.2% | +11.2% | -19.1% | – | +117.5% | +354.5% | +86.1% |
| OPM % | -0.6% | 7.0% | 4.2% | 6.0% | 6.0% | 7.0% | 8.0% | 5.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Thangamayil Jewellery reported sales of ₹8,514.00 crore (+73.4%) and net profit of ₹352.00 crore (+195.8%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 8,514 | 579.00 | 7.00 | 352.00 | 113.14 |
| Mar 2025 | 4,911 | 219.00 | 4.00 | 119.00 | 38.19 |
| Mar 2024 | 3,827 | 212.00 | 6.00 | 123.00 | 39.63 |
| Mar 2023 | 3,153 | 153.00 | 5.00 | 80.00 | 25.72 |
| Mar 2022 | 2,193 | 86.00 | 4.00 | 39.00 | 12.44 |
| Mar 2021 | 1,819 | 147.00 | 8.00 | 87.00 | 27.93 |
| Mar 2020 | 1,692 | 98.00 | 6.00 | 46.00 | 14.73 |
| Mar 2019 | 1,443 | 71.00 | 5.00 | 30.00 | 9.76 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +4.6% | +17.3% | +7.5% | +20.6% | +43.8% | +21.4% | +28.3% | +73.4% |
| Operating profit growth | +20.3% | +38.0% | +50.0% | -41.5% | +77.9% | +38.6% | +3.3% | +164.4% |
| Net profit growth | +30.4% | +53.3% | +89.1% | -55.2% | +105.1% | +53.8% | -3.3% | +195.8% |
| EPS growth | +32.2% | +50.9% | +89.6% | -55.5% | +106.8% | +54.1% | -3.6% | +196.3% |
| OPM % | 5.0% | 6.0% | 8.0% | 4.0% | 5.0% | 6.0% | 4.0% | 7.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Shareholding
AI Analysis
Thangamayil Jewellery is trading at ₹3986.05, up 127.77% YoY and 25.57% in 3 months, riding strong momentum with RSI at 55 (neutral-to-bullish) and Tech Score of 76.7. Net profit surged to ₹105 Cr in Q3 FY26 (Dec 2025) from ₹31 Cr in Q4 FY25 (Mar 2025)—a 239% quarterly jump—with sales rising 74% YoY to ₹7055 Cr (TTM), driven by recovery from earlier losses. However, the stock is trading at P/E of 51.56x (63% discount to industry P/E of 81.84x) and P/B of 9.75x, suggesting valuation remains stretched despite improving profitability; critical near-term risk is negative operating cash flow (₹-424 Cr in Mar 2025) and rising debt-to-equity from 0.72 to 0.96, indicating working capital stress in a jewellery cycle recovery.
- Profitability recovery is sharp: Net profit surged 239% QoQ (Dec 2025 vs Mar 2025) to ₹105 Cr; TTM net profit ₹240 Cr with OPM expanding from 4% to 7%, signalling operational leverage as sales scale.
- Strong ROE and ROCE metrics: TTM ROE of 20.6% (exceeds cost of equity by ~8–10 percentage points) and Mar 2025 ROCE of 14.0% demonstrate capital efficiency recovery despite debt build.
- Dominant technical momentum: Tech Score 76.7, RSI 55 (bullish-neutral), Trend Bullish, and Sector Rank Percentile 83.1 (top quartile in jewellery cohort) reflect sustained institutional interest; 1-year gain of 127.77% and 3-month gain of 25.57% confirm structural uptrend.
- Severe cash flow deterioration: Operating Cash Flow collapsed to ₹-424 Cr in Mar 2025 (vs ₹330 Cr in Mar 2024), indicating working capital squeeze despite rising profitability—a critical red flag for jewellery inventory buildup or collection delays during scale-up; if OCF remains negative, dividend coverage and debt service capacity are at risk.
- Rapid debt escalation and moderate leverage: Borrowings surged from ₹532 Cr (Mar 2024) to ₹1124 Cr (Sep 2025), while D/E increased from 1.08 to 0.96—debt is still elevated; combined with negative OCF, refinancing risk and covenant breaches are non-trivial if jewellery cycle softens or sales growth falters.
AI-generated analysis for informational purposes only — not SEBI-registered investment advice.
See Full AI Analysis — Free FREE →Latest News
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Thangamayil Jewellery expands presence in Chennai with opening of two new stores
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Thangamayil Jewellery expands presence in Chennai with opening of two new stores
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Thangamayil Jewellery Ltd leads losers in 'A' group - business-standard.com
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Thangamayil Jewellery shares hit 10% lower circuit for 2nd straight day post-Q1 results: Here's why - Moneycontrol.com
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Thangamayil Jewellery Ltd leads losers in 'A' group - business-standard.com
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Thangamayil Jewellery shares hit 10% lower circuit for 2nd straight day post-Q1 results: Here's why - Moneycontrol.com
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Thangamayil Jewellery net profit up nearly 2X YoY at ₹85 crore - BusinessLine
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Thangamayil Jewellery Q1 Results: Net profit spikes 86% YoY to Rs 85 crore; stock tanks 10% on weak guidance - The Economic Times
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Multibagger Thangamayil Jewellery share price hits 10% lower circuit despite strong Q1 results. What spooked investors?
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Thangamayil Jewellery net profit up nearly 2X YoY at ₹85 crore - BusinessLine
Frequently Asked Questions
What is the share price of Thangamayil Jewellery today?
Thangamayil Jewellery shares were last quoted at ₹4,891.00 (+0.0% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Thangamayil Jewellery ?
Thangamayil Jewellery has a price-to-earnings (P/E) ratio of 40.66 and a price-to-book (P/B) ratio of 10.60. The industry P/E is 55.33.
What is the 52-week high and low of Thangamayil Jewellery ?
The 52-week high of Thangamayil Jewellery is ₹7,429.00 and the 52-week low is ₹1,938.85.
What is the market cap of Thangamayil Jewellery ?
The market capitalisation of Thangamayil Jewellery is about ₹15,900.26 crore.
How did Thangamayil Jewellery perform in its latest quarterly results?
In the latest quarter (Jun 2026), Thangamayil Jewellery reported sales of ₹2,666.00 crore (+71.1%) and net profit of ₹85.00 crore (+84.8%), compared with the same quarter last year.
Is Thangamayil Jewellery a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Thangamayil Jewellery has a 3-year ROE of 24.00%, 3-year profit growth of 64.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
What is the promoter holding in Thangamayil Jewellery ?
Promoters hold about 61.61% of Thangamayil Jewellery .
Which sector does Thangamayil Jewellery belong to?
Thangamayil Jewellery belongs to the Diamond & Jewellery sector.