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Thangamayil Jewellery Ltd share Price Today

Company details

1,752.35
1,820.05
790.00
1,880.00
6M Return 29.18%
1Y Return 114.11%
Mkt Cap.(Cr) 4,849.84
Volume 37,685
Div Yield 0.56%
OI
-
OI Chg %
-
Volume 37,685

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Gems & Jewellery company Thangamayil Jewellery announced Q1FY24 results:

  • Reported Rs 959 crore sales, the highest so far achieved by the company.
  • Reported the highest EPS of Rs 42.72 for any quarter so far declared by the company.
  • Apart from the operating profits, the company had the benefits of better realization on gold price movement up to Rs 32 crore
  • All products resulted in increased volume sales as given in the annexure. 
  • During Q1FY24, the company opened Kumbakonam retail outlet taking the total retail outlets to 54.
  • The shareholders approved among other things the issue of bonus shares at 1:1 in the AGM held on 05th July 2023.
  • The final dividend of Rs 6/- per share was approved by AGM & paid to all the eligible shareholders on 10th July 2023.
  • Since closure of first quarter gold price declined by 3% and if it continued to be so in the current quarter ending 30/09/2023, it would have an impact on the results going forward on the closing inventory held at the end of first quarter to the extent of unhedged portion of 25% of aggregative inventory.

 

 

Result PDF

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Thangamayil Jewellery Ltd shares SWOT Analysis

Strengths (12)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (1)

  • MACD Crossover Below Signal Line

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (0)

Data not found

Resistance and support

R1 1,807.6
R2 1,847.7
R3 1,875.3
Pivot

1,779.97

S1 1,739.9
S2 1,712.3
S3 1,672.2
EMA SMA
1,669.9
1,514.1
1,421.3
1,313.8
1,671.1
1,430.0
1,361.5
1,367.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-07-25 1087.4 173675 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-07-25 1089.1 173675 NSE
DSP MUTUAL FUND Bulk Purchase 2021-11-22 1322.1 500001 NSE
Name Category Shares
Ramesh.Ba PROMOTER 19.43%
Kumar.N.B PROMOTER 19.23%
Balarama Govinda Das PROMOTER 19.22%
Thangamayil Gold And Diamond Private Limited PROMOTER 5.46%
Balusamy Silvears Jewellery Private Limited PROMOTER 1.75%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Thangamayil Jewellery Ltd Stocks COMPARISON

Financials( in Cr) Thangamayil Jewellery Ltd Titan Company Ltd Kalyan Jewellers India Ltd Rajesh Exports Ltd Senco Gold Ltd
Price 1,767.50 3,229.85 505.25 311.15 966.60
% Change -1.46 0.15 0.27 -1.33 -2.12
Mcap Cr 4,849.84 286,741.56 52,071.72 9,187.01 7,510.87
Revenue TTM Cr 3,826.78 51,084.00 14,071.45 339,689.51 4,077.40
Net Profit TTM Cr 123.24 3,496.00 431.93 1,432.28 158.48
PE TTM 39.41 82.51 86.45 27.69 42.08
1 Year Return 114.11 6.05 208.46 -40.41 138.49
ROCE 20.29 22.46 12.20 10.86 15.29
ROE 27.95 32.91 12.76 10.54 18.96
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 493.18 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 23,094.98 48,430.47
LAST 3M 106,765.53 34,705.49
LAST 6M 194,925.52 15,119.67
LAST 12M 310,053.92 88,243.95

Thangamayil Jewellery Ltd Information

Stock PE (TTM)
39.41
Promoter Holding
67.32%
Book Value
179.7355
ROCE
20.29%
ROE
27.95%
Description
  • Thangamayil Jewellery Ltd is one of the leading jewellery retailers in Madurai, Tamil Nadu. The company trades in Gold Jewellery, Diamond and Platinum jewels. They sell variety of ornaments like Gold chains, Necklaces, Bangles, Ear Studs, Nose Rings, Waist Belts, Kasu Malai, Finger Rings, Bracelets and other items fitting to the taste of the customers. The ornaments are made to order as per specific requirements by the customer and the same are manufactured at the company`s unit near Madurai. Further, the gold jewels are bought readymade from various dealers situated in the states of Andhra Pradesh, Gujarat, Kerala and West Bengal, according to the designs, models and current fashions and demand in the market for sale at the counters. The company introduced the Hallmarking practice for the first time in Madurai and also conducted an awareness campaign introducing this concept to the customers in the market serviced by the company. They are having their showroom at Netaji Road, Madurai. The showroom is housed in a three storied set up in total area of 11,416 sq ft. Thangamayil Jewellery Ltd was incorporated in the year 2000 as a private limited company with the name Thangamayil Jewellery Pvt Ltd. Prior to the formation, the business was carried on by the promoters of the company in the name of Balu Jewellery as a partnership concern. Since 1984, the company is in the business of manufacturing and trading of jewellery. In May 2001, the company purchased the Gold Assaying Machine to ensure quality of gold ornament through laser technology. In June 2001, they opened their exclusive showroom for Diamond and other precious stones at Madurai. In August 2001, they obtained BIS hallmarking license. In May 2003, the company initiated the concept of "Akshya Thritiyai" with the help of world gold council and helped in a breakthrough in gold jewellery market. In January 2006, they registered "Thangamayil" as a trademark. During the year 2007-08, the company acquired the business of Thangamayil Gold and Diamond Pvt Ltd as per the agreement dated August 31, 2007. During the year 2008-09, they took over the business of Silvears Jewellery Pvt Ltd as per the business transfer agreement dated August 01, 2008. During the year 2008-09, the company opened their showrooms at Rajapalayam, Karaikudi and Ramanathpuram. Also, in November 2009, they opened a showroom at Dindigul. During 2009-10, Company opened 3 more branches in Dindigul, Theni and Sivakasi; launched a new chain of retail stores dealing in Fashion Jewellery , Silver items, accessories and gift items. In 2010-11, it opened 2 more retail stores; completed its renovation and modernization at Madurai Main Branch and opened the same for public on and from 29 April 2011; opened 11 more retail stores during 2012-13; Moreover till 24 May, 2013 in the current year, company had opened 2 more branches in Sivagangai (07.04.2013) and Gobichettipalayam (16.04.2013). During 2013-14, Company increased its own manufacturing facilities to produce gold ornaments like chains and other low value mass volume items from 5 kg per day to 10 kg per day at Madurai and Coimbatore outlets. It opened 5 more branches during the year. For operational reasons, the Company merged the Vellakovil Branch with that of Dharapuram by transferring the inventory and customer base. During the year 2015-16, one more branch at Virudhunagar was added aggregating the retail outlets in 31 places and two of the old branches namely Karaikudi and Anna Nagar (Madurai) were refurnished in order to get better ambience. The Company commenced operations in 3 retail outlets in addition to the existing 32 branches during 2019-20. Apart from the existing 35 branches, it opened in the current year two more branches, Devakottai and Usilampatti. In 2020, it commenced operations in twelve retail outlets in addition to the existing 35 branches. The company after a period of consolidation opened 4 retail outlets in 2021-22, Nagercoil on 15th October 2021, Surandai on 27th October, Kalavasal Madurai on 14th November 2021 and Pudukottai on 11th February 2022. It opened its 52nd branch at Trichy, on 14th April 2022.

Registered Address

124 Nethaji Road, , Madurai, Tamil Nadu, 625001

Tel : 91-0452-2345553
Email : thangamayil:gmail.com
Website : http://www.thangamayil.com
Registrar

SKDC Consultants Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 533158
NSE Code : THANGAMAYL
Book Closure Date (Month) : Jun/Jul
BSE Group : B
ISIN : INE085J01014

FAQ’s on Thangamayil Jewellery Ltd Shares

You can buy Thangamayil Jewellery Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Thangamayil Jewellery Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 12, 2024 03:44 PM the closing price of Thangamayil Jewellery Ltd was Rs.1,767.50.

The latest PE ratio of Thangamayil Jewellery Ltd as of Jul 12, 2024 03:44 PM is 39.41

The latest PB ratio of Thangamayil Jewellery Ltd as of Jul 12, 2024 03:44 PM is 0.10

The 52-week high of Thangamayil Jewellery Ltd share price is Rs. 1,880.00 while the 52-week low is Rs. 790.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 12, 2024 03:44 PM, the market cap of Thangamayil Jewellery Ltd stood at Rs. 4,849.84 Cr.

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