Thangamayil Jewellery Ltd.
•₹ 5,487.50.56%
2026-08-21
PROS
- Company has delivered good profit growth of 32.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.6%
- Company has a healthy return on capital (ROCE) of 20.8%
- Latest quarter profit grew 86.2% YoY, showing strong momentum
- Company has delivered good sales growth of 36.1% CAGR over last 5 years
CONS
- Receivables are growing faster than sales - a possible quality concern
- Promoter holding has decreased over last 2 years: -5.7pp
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.39x)
- Stock is trading at 7.5x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TITAN | 5064.00 | 78.05 | 449574.91 | 0.30 | 1777.00 | 62.88 | 21356.00 | 44.16 | 21.90 | 13.54 |
| 2. | KALYANKJIL | 595.00 | 42.82 | 61448.68 | 0.42 | 348.67 | 32.03 | 10588.93 | 45.68 | 24.86 | 5.97 |
| 3. | THANGAMAYL | 5507.70 | 0.00 | 17119.04 | 0.33 | 85.09 | 86.15 | 2666.38 | 71.44 | 26.62 | 5.43 |
| 4. | BLUESTONE | 815.70 | 221.24 | 12459.77 | 0.00 | 59.61 | 271.56 | 7368.46 | 1395.59 | 9.24 | 14.50 |
| 5. | SKYGOLD | 778.10 | 35.97 | 12050.74 | 0.00 | 104.90 | 140.67 | 2012.79 | 77.93 | 23.71 | 7.79 |
| 6. | PCJEWELLER | 9.67 | 12.17 | 9430.31 | 0.00 | 221.88 | 37.02 | 877.04 | 20.99 | 6.61 | 27.54 |
| 7. | GOLDIAM | 362.80 | 25.90 | 5462.21 | 0.57 | 73.97 | 120.06 | 326.03 | 41.92 | 25.11 | 20.33 |
| 8. | SENCO | 331.65 | 9.52 | 5435.78 | 0.53 | 101.14 | -3.35 | 3056.03 | 67.34 | 22.86 | 6.97 |
| 9. | VAIBHAVGBL | 221.45 | 13.03 | 3711.89 | 2.71 | 563.83 | 1398.27 | 9170.73 | 1026.99 | 18.41 | 10.55 |
| 10. | DPABHUSHAN | 1467.25 | 81.73 | 3349.43 | 0.00 | 9.65 | 16.55 | 439.67 | -25.50 | 34.36 | 4.35 |
| 11. | SHRINGARMS | 224.95 | 0.00 | 2169.24 | 0.00 | 34.00 | 19.26 | 548.49 | 64.90 | 31.85 | 8.92 |
| 12. | MOTISONS | 16.58 | 0.00 | 1885.99 | 0.00 | 11.05 | 37.58 | 107.33 | 23.29 | 14.54 | 15.23 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 959 | 992 | 895 | 981 | 1,220 | 1,178 | 1,132 | 1,380 | 1,555 | 1,705 | 2,401 | 2,838 | 2,666 | |
| 868 | 969 | 845 | 933 | 1,130 | 1,188 | 1,049 | 1,323 | 1,471 | 1,605 | 2,234 | 2,625 | 2,551 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 10 | 9 | 9 | 9 | 9 | 11 | 10 | 11 | 15 | 16 | 16 | 20 | 18 |
| Depreciation | 3 | 4 | 4 | 5 | 5 | 6 | 5 | 7 | 7 | 11 | 11 | 12 | 11 |
| 79 | 12 | 38 | 36 | 77 | -24 | 67 | 39 | 65 | 78 | 143 | 182 | 116 | |
| Tax % | 25.83% | 31.57% | 25.83% | 21.66% | 26.73% | 25.93% | 28.55% | 19.13% | 29.82% | 25.36% | 26.80% | 21.71% | 26.33% |
| Net Profit | 59 | 8 | 28 | 28 | 57 | -17 | 48 | 31 | 46 | 59 | 105 | 143 | 85 |
| 21 | 3 | 10 | 10 | 21 | -6 | 18 | 10 | 15 | 19 | 34 | 46 | 3 | |
| Equity Capital | 14 | 27 | 27 | 27 | 27 | 27 | 27 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 14 | 27 | 27 | 27 | 27 | 27 | 27 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 959
- 868
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 10
- Depreciation
- 3
- 79
- Tax %
- 25.83%
- Net Profit
- 59
- 21
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 14
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 992
- 969
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 9
- Depreciation
- 4
- 12
- Tax %
- 31.57%
- Net Profit
- 8
- 3
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 895
- 845
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 9
- Depreciation
- 4
- 38
- Tax %
- 25.83%
- Net Profit
- 28
- 10
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 981
- 933
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 9
- Depreciation
- 5
- 36
- Tax %
- 21.66%
- Net Profit
- 28
- 10
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,220
- 1,130
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 9
- Depreciation
- 5
- 77
- Tax %
- 26.73%
- Net Profit
- 57
- 21
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,178
- 1,188
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 11
- Depreciation
- 6
- -24
- Tax %
- 25.93%
- Net Profit
- -17
- -6
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,132
- 1,049
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 10
- Depreciation
- 5
- 67
- Tax %
- 28.55%
- Net Profit
- 48
- 18
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,380
- 1,323
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 11
- Depreciation
- 7
- 39
- Tax %
- 19.13%
- Net Profit
- 31
- 10
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,555
- 1,471
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 15
- Depreciation
- 7
- 65
- Tax %
- 29.82%
- Net Profit
- 46
- 15
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,705
- 1,605
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 16
- Depreciation
- 11
- 78
- Tax %
- 25.36%
- Net Profit
- 59
- 19
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,401
- 2,234
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 16
- Depreciation
- 11
- 143
- Tax %
- 26.80%
- Net Profit
- 105
- 34
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,838
- 2,625
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 20
- Depreciation
- 12
- 182
- Tax %
- 21.71%
- Net Profit
- 143
- 46
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,666
- 2,551
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 18
- Depreciation
- 11
- 116
- Tax %
- 26.33%
- Net Profit
- 85
- 3
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,294 | 1,377 | 1,443 | 1,692 | 1,819 | 2,193 | 3,153 | 3,827 | 4,911 | 8,499 | 9,610 | |
| 1,245 | 1,318 | 1,373 | 1,594 | 1,678 | 2,107 | 3,000 | 3,614 | 4,692 | 7,935 | 9,015 | |
| Operating Profit | 50 | 61 | 73 | 101 | 149 | 88 | 156 | 218 | 225 | 579 | — |
| OPM % | 4 | 4 | 5 | 6 | 8 | 4 | 5 | 6 | 5 | 7 | — |
| Other Income | 1 | 2 | 3 | 3 | 8 | 2 | 3 | 5 | 6 | 14 | 0 |
| Interest | 21 | 19 | 20 | 21 | 23 | 26 | 35 | 36 | 41 | 68 | 70 |
| Depreciation | 9 | 8 | 8 | 10 | 9 | 10 | 13 | 16 | 24 | 40 | 45 |
| 19 | 34 | 46 | 69 | 117 | 52 | 108 | 165 | 160 | 469 | 519 | |
| Tax % | 28 | 33 | 34 | 34 | 26 | 26 | 26 | 25 | 26 | 25 | 25 |
| Net Profit | 14 | 23 | 30 | 46 | 87 | 39 | 80 | 123 | 119 | 352 | 391 |
| EPS | 0 | 0 | 0 | 0 | 63 | 28 | 29 | 45 | 38 | 113 | — |
| Dividend Payout % | 20 | 21 | 23 | 15 | 16 | 36 | 21 | 22 | 33 | 16 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 5 | 8 | 11 | 16 | 31 | 14 | 28 | 44 | 38 | 113 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 5 | 8 | 11 | 16 | 31 | 14 | 28 | 44 | 38 | 113 | — |
Mar 2017
- 1,294
- 1,245
- Operating Profit
- 50
- OPM %
- 4
- Other Income
- 1
- Interest
- 21
- Depreciation
- 9
- 19
- Tax %
- 28
- Net Profit
- 14
- EPS
- 0
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2018
- 1,377
- 1,318
- Operating Profit
- 61
- OPM %
- 4
- Other Income
- 2
- Interest
- 19
- Depreciation
- 8
- 34
- Tax %
- 33
- Net Profit
- 23
- EPS
- 0
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2019
- 1,443
- 1,373
- Operating Profit
- 73
- OPM %
- 5
- Other Income
- 3
- Interest
- 20
- Depreciation
- 8
- 46
- Tax %
- 34
- Net Profit
- 30
- EPS
- 0
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2020
- 1,692
- 1,594
- Operating Profit
- 101
- OPM %
- 6
- Other Income
- 3
- Interest
- 21
- Depreciation
- 10
- 69
- Tax %
- 34
- Net Profit
- 46
- EPS
- 0
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2021
- 1,819
- 1,678
- Operating Profit
- 149
- OPM %
- 8
- Other Income
- 8
- Interest
- 23
- Depreciation
- 9
- 117
- Tax %
- 26
- Net Profit
- 87
- EPS
- 63
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
Mar 2022
- 2,193
- 2,107
- Operating Profit
- 88
- OPM %
- 4
- Other Income
- 2
- Interest
- 26
- Depreciation
- 10
- 52
- Tax %
- 26
- Net Profit
- 39
- EPS
- 28
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2023
- 3,153
- 3,000
- Operating Profit
- 156
- OPM %
- 5
- Other Income
- 3
- Interest
- 35
- Depreciation
- 13
- 108
- Tax %
- 26
- Net Profit
- 80
- EPS
- 29
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
Mar 2024
- 3,827
- 3,614
- Operating Profit
- 218
- OPM %
- 6
- Other Income
- 5
- Interest
- 36
- Depreciation
- 16
- 165
- Tax %
- 25
- Net Profit
- 123
- EPS
- 45
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
Mar 2025
- 4,911
- 4,692
- Operating Profit
- 225
- OPM %
- 5
- Other Income
- 6
- Interest
- 41
- Depreciation
- 24
- 160
- Tax %
- 26
- Net Profit
- 119
- EPS
- 38
- Dividend Payout %
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
Mar 2026
- 8,499
- 7,935
- Operating Profit
- 579
- OPM %
- 7
- Other Income
- 14
- Interest
- 68
- Depreciation
- 40
- 469
- Tax %
- 25
- Net Profit
- 352
- EPS
- 113
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 113
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 113
TTM
- 9,610
- 9,015
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 70
- Depreciation
- 45
- 519
- Tax %
- 25
- Net Profit
- 391
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 21%
- 5 Years:
- 36%
- 3 Years:
- 39%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 42%
- 5 Years:
- 32%
- 3 Years:
- 64%
STOCK PRICE CAGR
- 10 Years:
- 44%
- 5 Years:
- 69%
- 3 Years:
- 67%
- 1 Year:
- 163%
RETURN ON EQUITY
- 10 Years:
- 20%
- 5 Years:
- 21%
- 3 Years:
- 24%
- Last Year:
- 28%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 27 | 31 | 31 |
| 136 | 155 | 179 | 206 | 284 | 311 | 375 | 466 | 1,071 | 1,385 | |
| 59 | 160 | 116 | 181 | 207 | 254 | 373 | 325 | 604 | 706 | |
| Trade Payables | 88 | 58 | 75 | 37 | 13 | 7 | 20 | 18 | 33 | 20 |
| 135 | 224 | 269 | 277 | 256 | 319 | 462 | 643 | 816 | 1,673 | |
| Total Liabilities | 431 | 611 | 652 | 715 | 774 | 904 | 1,244 | 1,479 | 2,555 | 3,815 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 72 | 74 | 71 | 81 | 79 | 84 | 120 | 154 | 201 | 293 | |
| Capital Work in Progress | 1 | 1 | 1 | 2 | 2 | 7 | 2 | 2 | 11 | 7 |
| 312 | 476 | 504 | 564 | 649 | 750 | 982 | 1,189 | 1,979 | 2,954 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 9 | 24 | |
| Cash & Bank | 20 | 32 | 52 | 31 | 17 | 17 | 76 | 82 | 242 | 381 |
| 26 | 28 | 24 | 37 | 27 | 46 | 64 | 47 | 114 | 156 | |
| Total Assets | 431 | 611 | 652 | 715 | 774 | 904 | 1,244 | 1,479 | 2,555 | 3,815 |
| Total Debt | 102 | 200 | 155 | 238 | 276 | 384 | 531 | 468 | 723 | 791 |
| Net Working Capital | 95 | 116 | 149 | 191 | 275 | 334 | 405 | 458 | 973 | 1,220 |
| Contingent Liabilities | 69 | 56 | 74 | 45 | 33 | 20 | 39 | 38 | 20 | 20 |
| Book Value per Share | 108.85 | 122.98 | 140.81 | 160.46 | 217.15 | 236.35 | 283.37 | 179.73 | 354.68 | 455.60 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 102 | 200 | 155 | 238 | 276 | 384 | 531 | 468 | 723 | 791 |
| Net Working Capital | 95 | 116 | 149 | 191 | 275 | 334 | 405 | 458 | 973 | 1,220 |
| Contingent Liabilities | 69 | 56 | 74 | 45 | 33 | 20 | 39 | 38 | 20 | 20 |
| Book Value per Share | 108.85 | 122.98 | 140.81 | 160.46 | 217.15 | 236.35 | 283.37 | 179.73 | 354.68 | 455.60 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 14
- 136
- 59
- Trade Payables
- 88
- 135
- Total Liabilities
- 431
- 72
- Capital Work in Progress
- 1
- 312
- 0
- Cash & Bank
- 20
- 26
- Total Assets
- 431
- Total Debt
- 102
- Net Working Capital
- 95
- Contingent Liabilities
- 69
- Book Value per Share
- 108.85
- Face Value
- 10.00
- Total Debt
- 102
- Net Working Capital
- 95
- Contingent Liabilities
- 69
- Book Value per Share
- 108.85
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 14
- 155
- 160
- Trade Payables
- 58
- 224
- Total Liabilities
- 611
- 74
- Capital Work in Progress
- 1
- 476
- 0
- Cash & Bank
- 32
- 28
- Total Assets
- 611
- Total Debt
- 200
- Net Working Capital
- 116
- Contingent Liabilities
- 56
- Book Value per Share
- 122.98
- Face Value
- 10.00
- Total Debt
- 200
- Net Working Capital
- 116
- Contingent Liabilities
- 56
- Book Value per Share
- 122.98
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 14
- 179
- 116
- Trade Payables
- 75
- 269
- Total Liabilities
- 652
- 71
- Capital Work in Progress
- 1
- 504
- 0
- Cash & Bank
- 52
- 24
- Total Assets
- 652
- Total Debt
- 155
- Net Working Capital
- 149
- Contingent Liabilities
- 74
- Book Value per Share
- 140.81
- Face Value
- 10.00
- Total Debt
- 155
- Net Working Capital
- 149
- Contingent Liabilities
- 74
- Book Value per Share
- 140.81
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 14
- 206
- 181
- Trade Payables
- 37
- 277
- Total Liabilities
- 715
- 81
- Capital Work in Progress
- 2
- 564
- 0
- Cash & Bank
- 31
- 37
- Total Assets
- 715
- Total Debt
- 238
- Net Working Capital
- 191
- Contingent Liabilities
- 45
- Book Value per Share
- 160.46
- Face Value
- 10.00
- Total Debt
- 238
- Net Working Capital
- 191
- Contingent Liabilities
- 45
- Book Value per Share
- 160.46
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 14
- 284
- 207
- Trade Payables
- 13
- 256
- Total Liabilities
- 774
- 79
- Capital Work in Progress
- 2
- 649
- 0
- Cash & Bank
- 17
- 27
- Total Assets
- 774
- Total Debt
- 276
- Net Working Capital
- 275
- Contingent Liabilities
- 33
- Book Value per Share
- 217.15
- Face Value
- 10.00
- Total Debt
- 276
- Net Working Capital
- 275
- Contingent Liabilities
- 33
- Book Value per Share
- 217.15
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 14
- 311
- 254
- Trade Payables
- 7
- 319
- Total Liabilities
- 904
- 84
- Capital Work in Progress
- 7
- 750
- 0
- Cash & Bank
- 17
- 46
- Total Assets
- 904
- Total Debt
- 384
- Net Working Capital
- 334
- Contingent Liabilities
- 20
- Book Value per Share
- 236.35
- Face Value
- 10.00
- Total Debt
- 384
- Net Working Capital
- 334
- Contingent Liabilities
- 20
- Book Value per Share
- 236.35
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 14
- 375
- 373
- Trade Payables
- 20
- 462
- Total Liabilities
- 1,244
- 120
- Capital Work in Progress
- 2
- 982
- 0
- Cash & Bank
- 76
- 64
- Total Assets
- 1,244
- Total Debt
- 531
- Net Working Capital
- 405
- Contingent Liabilities
- 39
- Book Value per Share
- 283.37
- Face Value
- 10.00
- Total Debt
- 531
- Net Working Capital
- 405
- Contingent Liabilities
- 39
- Book Value per Share
- 283.37
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 27
- 466
- 325
- Trade Payables
- 18
- 643
- Total Liabilities
- 1,479
- 154
- Capital Work in Progress
- 2
- 1,189
- 4
- Cash & Bank
- 82
- 47
- Total Assets
- 1,479
- Total Debt
- 468
- Net Working Capital
- 458
- Contingent Liabilities
- 38
- Book Value per Share
- 179.73
- Face Value
- 10.00
- Total Debt
- 468
- Net Working Capital
- 458
- Contingent Liabilities
- 38
- Book Value per Share
- 179.73
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 31
- 1,071
- 604
- Trade Payables
- 33
- 816
- Total Liabilities
- 2,555
- 201
- Capital Work in Progress
- 11
- 1,979
- 9
- Cash & Bank
- 242
- 114
- Total Assets
- 2,555
- Total Debt
- 723
- Net Working Capital
- 973
- Contingent Liabilities
- 20
- Book Value per Share
- 354.68
- Face Value
- 10.00
- Total Debt
- 723
- Net Working Capital
- 973
- Contingent Liabilities
- 20
- Book Value per Share
- 354.68
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 31
- 1,385
- 706
- Trade Payables
- 20
- 1,673
- Total Liabilities
- 3,815
- 293
- Capital Work in Progress
- 7
- 2,954
- 24
- Cash & Bank
- 381
- 156
- Total Assets
- 3,815
- Total Debt
- 791
- Net Working Capital
- 1,220
- Contingent Liabilities
- 20
- Book Value per Share
- 455.60
- Face Value
- 10.00
- Total Debt
- 791
- Net Working Capital
- 1,220
- Contingent Liabilities
- 20
- Book Value per Share
- 455.60
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 69 | -53 | 85 | -39 | 55 | -79 | 10 | 330 | -424 | 322 | |
| Cash from Investing | -6 | -27 | -17 | 8 | 18 | -21 | -86 | -30 | -138 | -165 |
| Cash from Financing | -56 | 74 | -62 | 24 | -64 | 94 | 78 | -293 | 637 | -122 |
| 7 | -6 | 5 | -7 | 8 | -7 | 2 | 8 | 75 | 36 | |
| Free Cash Flow | 66 | -62 | 82 | -57 | 51 | -96 | -30 | 279 | -492 | 195 |
| OCF / Net Profit | 4.96 | -2.31 | 2.80 | -0.86 | 0.64 | -2.05 | 0.13 | 2.68 | -3.57 | 0.92 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 79 | -83 | -51 | 146 | -288 | -145 |
| OCF / Net Profit | 4.96 | -2.31 | 2.80 | -0.86 | 0.64 | -2.05 | 0.13 | 2.68 | -3.57 | 0.92 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 79 | -83 | -51 | 146 | -288 | -145 |
Mar 2017
- 69
- Cash from Investing
- -6
- Cash from Financing
- -56
- 7
- Free Cash Flow
- 66
- OCF / Net Profit
- 4.96
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.96
- Cumulative 5-Year FCF
- 0
Mar 2018
- -53
- Cash from Investing
- -27
- Cash from Financing
- 74
- -6
- Free Cash Flow
- -62
- OCF / Net Profit
- -2.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.31
- Cumulative 5-Year FCF
- 0
Mar 2019
- 85
- Cash from Investing
- -17
- Cash from Financing
- -62
- 5
- Free Cash Flow
- 82
- OCF / Net Profit
- 2.80
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.80
- Cumulative 5-Year FCF
- 0
Mar 2020
- -39
- Cash from Investing
- 8
- Cash from Financing
- 24
- -7
- Free Cash Flow
- -57
- OCF / Net Profit
- -0.86
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.86
- Cumulative 5-Year FCF
- 0
Mar 2021
- 55
- Cash from Investing
- 18
- Cash from Financing
- -64
- 8
- Free Cash Flow
- 51
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 79
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 79
Mar 2022
- -79
- Cash from Investing
- -21
- Cash from Financing
- 94
- -7
- Free Cash Flow
- -96
- OCF / Net Profit
- -2.05
- Cumulative 5-Year FCF
- -83
- OCF / Net Profit
- -2.05
- Cumulative 5-Year FCF
- -83
Mar 2023
- 10
- Cash from Investing
- -86
- Cash from Financing
- 78
- 2
- Free Cash Flow
- -30
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- -51
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- -51
Mar 2024
- 330
- Cash from Investing
- -30
- Cash from Financing
- -293
- 8
- Free Cash Flow
- 279
- OCF / Net Profit
- 2.68
- Cumulative 5-Year FCF
- 146
- OCF / Net Profit
- 2.68
- Cumulative 5-Year FCF
- 146
Mar 2025
- -424
- Cash from Investing
- -138
- Cash from Financing
- 637
- 75
- Free Cash Flow
- -492
- OCF / Net Profit
- -3.57
- Cumulative 5-Year FCF
- -288
- OCF / Net Profit
- -3.57
- Cumulative 5-Year FCF
- -288
Mar 2026
- 322
- Cash from Investing
- -165
- Cash from Financing
- -122
- 36
- Free Cash Flow
- 195
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- -145
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- -145
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 10.19 | 16.67 | 22.05 | 33.28 | 63.11 | 28.09 | 58.13 | 44.91 | 38.20 | 113.14 |
| Book Value (₹) | 108.85 | 122.98 | 140.81 | 160.46 | 217.15 | 236.35 | 283.37 | 179.73 | 354.68 | 455.60 |
| Dividend per Share (₹) | 2.00 | 3.50 | 5.00 | 5.00 | 10.00 | 10.00 | 12.00 | 10.00 | 12.50 | 18.00 |
| Cash EPS (₹) | 8.27 | 10.96 | 13.36 | 19.72 | 33.92 | 17.02 | 32.89 | 49.29 | 45.82 | 126.08 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 3.82% | 4.42% | 5.09% | 5.95% | 8.21% | 4.01% | 4.96% | 5.55% | 4.46% | 6.64% |
| Net Margin % | 1.08% | 1.66% | 2.10% | 2.70% | 4.76% | 1.76% | 2.53% | 3.22% | 2.42% | 4.14% |
| ROE % | 9.74% | 14.38% | 16.72% | 22.09% | 33.43% | 12.39% | 22.37% | 27.95% | 14.88% | 27.93% |
| ROCE % | 15.32% | 17.01% | 18.37% | 22.45% | 27.11% | 12.21% | 17.55% | 21.42% | 14.43% | 26.62% |
| 3.41% | 4.39% | 4.79% | 6.68% | 11.63% | 4.59% | 7.42% | 9.05% | 5.89% | 11.04% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Inventory Days | 83 | 104 | 124 | 115 | 122 | 116 | 100 | 104 | 118 | 106 |
| Payable Days | 20 | 22 | 19 | 14 | 6 | 2 | 2 | 2 | 2 | 1 |
| 63 | 83 | 106 | 102 | 116 | 115 | 99 | 102 | 116 | 105 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.68x | 1.18x | 0.80x | 1.08x | 0.93x | 1.18x | 1.37x | 0.95x | 0.66x | 0.56x |
| Interest Coverage (x) | 1.93x | 2.81x | 3.24x | 4.28x | 6.11x | 2.99x | 4.09x | 5.54x | 4.89x | 7.93x |
| 1.38x | 1.28x | 1.36x | 1.44x | 1.68x | 1.72x | 1.58x | 1.54x | 1.72x | 1.54x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 1.72% | 6.48% | 4.78% | 17.22% | 7.49% | 20.59% | 43.75% | 21.39% | 28.32% | 73.08% |
| Operating Profit Growth % | 7.80% | 22.84% | 20.64% | 37.14% | 48.23% | -41.17% | 77.84% | 39.37% | 3.17% | 157.75% |
| Net Profit Growth % | 32.70% | 63.67% | 32.28% | 50.90% | 89.64% | -55.49% | 106.93% | 54.53% | -3.68% | 196.23% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -22.73% | -14.96% | 196.23% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 27.80x | 52.56x | 30.22x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.17x | 5.66x | 7.51x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.78% | 0.62% | 0.53% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.01x | 29.91x | 19.06x |
Mar 2017
- EPS (₹)
- 10.19
- Book Value (₹)
- 108.85
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 8.27
- Operating Margin %
- 3.82%
- Net Margin %
- 1.08%
- ROE %
- 9.74%
- ROCE %
- 15.32%
- 3.41%
- Debtor Days
- 0
- Inventory Days
- 83
- Payable Days
- 20
- 63
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 1.93x
- 1.38x
- Revenue Growth %
- 1.72%
- Operating Profit Growth %
- 7.80%
- Net Profit Growth %
- 32.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 16.67
- Book Value (₹)
- 122.98
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 10.96
- Operating Margin %
- 4.42%
- Net Margin %
- 1.66%
- ROE %
- 14.38%
- ROCE %
- 17.01%
- 4.39%
- Debtor Days
- 0
- Inventory Days
- 104
- Payable Days
- 22
- 83
- Debt to Equity (x)
- 1.18x
- Interest Coverage (x)
- 2.81x
- 1.28x
- Revenue Growth %
- 6.48%
- Operating Profit Growth %
- 22.84%
- Net Profit Growth %
- 63.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 22.05
- Book Value (₹)
- 140.81
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 13.36
- Operating Margin %
- 5.09%
- Net Margin %
- 2.10%
- ROE %
- 16.72%
- ROCE %
- 18.37%
- 4.79%
- Debtor Days
- 0
- Inventory Days
- 124
- Payable Days
- 19
- 106
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 3.24x
- 1.36x
- Revenue Growth %
- 4.78%
- Operating Profit Growth %
- 20.64%
- Net Profit Growth %
- 32.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 33.28
- Book Value (₹)
- 160.46
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 19.72
- Operating Margin %
- 5.95%
- Net Margin %
- 2.70%
- ROE %
- 22.09%
- ROCE %
- 22.45%
- 6.68%
- Debtor Days
- 0
- Inventory Days
- 115
- Payable Days
- 14
- 102
- Debt to Equity (x)
- 1.08x
- Interest Coverage (x)
- 4.28x
- 1.44x
- Revenue Growth %
- 17.22%
- Operating Profit Growth %
- 37.14%
- Net Profit Growth %
- 50.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 63.11
- Book Value (₹)
- 217.15
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 33.92
- Operating Margin %
- 8.21%
- Net Margin %
- 4.76%
- ROE %
- 33.43%
- ROCE %
- 27.11%
- 11.63%
- Debtor Days
- 0
- Inventory Days
- 122
- Payable Days
- 6
- 116
- Debt to Equity (x)
- 0.93x
- Interest Coverage (x)
- 6.11x
- 1.68x
- Revenue Growth %
- 7.49%
- Operating Profit Growth %
- 48.23%
- Net Profit Growth %
- 89.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 28.09
- Book Value (₹)
- 236.35
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 17.02
- Operating Margin %
- 4.01%
- Net Margin %
- 1.76%
- ROE %
- 12.39%
- ROCE %
- 12.21%
- 4.59%
- Debtor Days
- 0
- Inventory Days
- 116
- Payable Days
- 2
- 115
- Debt to Equity (x)
- 1.18x
- Interest Coverage (x)
- 2.99x
- 1.72x
- Revenue Growth %
- 20.59%
- Operating Profit Growth %
- -41.17%
- Net Profit Growth %
- -55.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 58.13
- Book Value (₹)
- 283.37
- Dividend per Share (₹)
- 12.00
- Cash EPS (₹)
- 32.89
- Operating Margin %
- 4.96%
- Net Margin %
- 2.53%
- ROE %
- 22.37%
- ROCE %
- 17.55%
- 7.42%
- Debtor Days
- 0
- Inventory Days
- 100
- Payable Days
- 2
- 99
- Debt to Equity (x)
- 1.37x
- Interest Coverage (x)
- 4.09x
- 1.58x
- Revenue Growth %
- 43.75%
- Operating Profit Growth %
- 77.84%
- Net Profit Growth %
- 106.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 44.91
- Book Value (₹)
- 179.73
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 49.29
- Operating Margin %
- 5.55%
- Net Margin %
- 3.22%
- ROE %
- 27.95%
- ROCE %
- 21.42%
- 9.05%
- Debtor Days
- 0
- Inventory Days
- 104
- Payable Days
- 2
- 102
- Debt to Equity (x)
- 0.95x
- Interest Coverage (x)
- 5.54x
- 1.54x
- Revenue Growth %
- 21.39%
- Operating Profit Growth %
- 39.37%
- Net Profit Growth %
- 54.53%
- -22.73%
- P/E (x)
- 27.80x
- P/B (x)
- 7.17x
- Dividend Yield %
- 0.78%
- 18.01x
Mar 2025
- EPS (₹)
- 38.20
- Book Value (₹)
- 354.68
- Dividend per Share (₹)
- 12.50
- Cash EPS (₹)
- 45.82
- Operating Margin %
- 4.46%
- Net Margin %
- 2.42%
- ROE %
- 14.88%
- ROCE %
- 14.43%
- 5.89%
- Debtor Days
- 0
- Inventory Days
- 118
- Payable Days
- 2
- 116
- Debt to Equity (x)
- 0.66x
- Interest Coverage (x)
- 4.89x
- 1.72x
- Revenue Growth %
- 28.32%
- Operating Profit Growth %
- 3.17%
- Net Profit Growth %
- -3.68%
- -14.96%
- P/E (x)
- 52.56x
- P/B (x)
- 5.66x
- Dividend Yield %
- 0.62%
- 29.91x
Mar 2026
- EPS (₹)
- 113.14
- Book Value (₹)
- 455.60
- Dividend per Share (₹)
- 18.00
- Cash EPS (₹)
- 126.08
- Operating Margin %
- 6.64%
- Net Margin %
- 4.14%
- ROE %
- 27.93%
- ROCE %
- 26.62%
- 11.04%
- Debtor Days
- 1
- Inventory Days
- 106
- Payable Days
- 1
- 105
- Debt to Equity (x)
- 0.56x
- Interest Coverage (x)
- 7.93x
- 1.54x
- Revenue Growth %
- 73.08%
- Operating Profit Growth %
- 157.75%
- Net Profit Growth %
- 196.23%
- 196.23%
- P/E (x)
- 30.22x
- P/B (x)
- 7.51x
- Dividend Yield %
- 0.53%
- 19.06x
Documents
Announcements
- General Updates
2026-08-05 - Thangamayil Jewellery Limited has informed the Exchange about General Updates
- General Updates
2026-08-04 - Thangamayil Jewellery Limited has informed the Exchange about General Updates- AADI PERUKKU SALES PERFORMANCE
Annual Reports
Credit Ratings
- Credit Rating
2026-06-29 - Thangamayil Jewellery Limited has informed the Exchange about Credit Rating
Concalls
Nothing filed yet.