Thangamayil Jewellery Ltd
THANGAMAYLThangamayil Jewellery Ltd
THANGAMAYL
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 57.35 | 11.09 | 0.50% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 38.08 | 6.63 | 0.74% |
Forecast & Ratings
Detailed Forecast from 3 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Thangamayil Jewellery Limited is a jewelry company, which is involved in the gold and silver, and precious metals.
Peers
Compare with peersTitan Company Ltd
Kalyan Jewellers India Ltd
Senco Gold Ltd
P N Gadgil Jewellers Ltd
PC Jeweller Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,274.48 | 1,300.59 | 1,380.84 | 1,446.22 | 1,694.99 | 1,820.94 | 2,194.75 | 3,155.90 | 3,832.19 | 4,281.75 | ||||||||||
Raw Materials | 1,163.35 | 1,206.56 | 1,408.48 | 1,321.53 | 1,531.30 | 1,684.57 | 2,081.64 | 3,032.68 | 3,623.74 | 4,096.71 | ||||||||||
| Power & Fuel Cost | 2.92 | 3.07 | 3.49 | 3.77 | 4.15 | 2.46 | 3.25 | 5.89 | 8.40 | |||||||||||
| Employee Cost | 22.47 | 24.48 | 30.17 | 33.22 | 40.08 | 31.66 | 43.13 | 56.26 | 66.02 | |||||||||||
| Selling & Administrative Expenses | 21.13 | 26.25 | 31.53 | 31.18 | 31.95 | 29.57 | 46.75 | 58.90 | 61.48 | |||||||||||
| Operating & Other expenses | 18.62 | -9.35 | -153.73 | -16.94 | -13.24 | -76.67 | -67.88 | -154.08 | -145.22 | |||||||||||
EBITDA | 45.99 | 49.58 | 60.90 | 73.46 | 100.75 | 149.35 | 87.86 | 156.25 | 217.77 | 185.04 | ||||||||||
| Depreciation/Amortization | 8.15 | 9.43 | 8.17 | 7.59 | 10.19 | 9.47 | 9.65 | 13.39 | 16.36 | 20.17 | ||||||||||
| PBIT | 37.84 | 40.15 | 52.73 | 65.87 | 90.56 | 139.88 | 78.21 | 142.86 | 201.41 | 164.87 | ||||||||||
| Interest & Other Items | 23.64 | 20.84 | 18.79 | 20.34 | 21.15 | 22.91 | 26.18 | 34.92 | 36.33 | 37.43 | ||||||||||
| PBT | 14.20 | 19.31 | 33.94 | 45.53 | 69.41 | 116.97 | 52.03 | 107.94 | 165.08 | 127.44 | ||||||||||
| Taxes & Other Items | 3.66 | 5.33 | 11.06 | 15.28 | 23.76 | 30.39 | 13.48 | 28.20 | 41.84 | 32.08 | ||||||||||
| Net Income | 10.54 | 13.98 | 22.88 | 30.25 | 45.65 | 86.58 | 38.55 | 79.74 | 123.24 | 95.36 | ||||||||||
| EPS | 1.92 | 2.55 | 4.17 | 5.51 | 8.32 | 15.78 | 7.02 | 19.37 | 44.91 | 34.75 | ||||||||||
| DPS | 0.25 | 0.50 | 0.88 | 1.25 | 1.25 | 2.50 | 2.50 | 6.00 | 10.00 | 10.00 | ||||||||||
| Payout ratio | 0.13 | 0.20 | 0.21 | 0.23 | 0.15 | 0.16 | 0.36 | 0.31 | 0.22 | 0.29 |
Company Updates
Peers & Comparison
Consumer DiscretionaryPrecious Metals, Jewellery & Watches
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Thangamayil Jewellery Ltd | 44.38 | 11.09 | 0.50% |
| Titan Company Ltd | 83.95 | 31.25 | 0.33% |
| Kalyan Jewellers India Ltd | 121.98 | 17.40 | 0.17% |
| Senco Gold Ltd | 47.96 | 6.36 | 0.18% |
Price Comparison
Compare THANGAMAYL with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 6.05%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 3.44%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Thangamayil Jewellery Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.8833% | Percentage of the fund’s portfolio invested in the stock 1.93% | Change in the portfolio weight of the stock over the last 3 months 0.38% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 15/81 (+11) |
SBI Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.9229% | Percentage of the fund’s portfolio invested in the stock 0.79% | Change in the portfolio weight of the stock over the last 3 months 0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 52/63 (+1) |
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.2073% | Percentage of the fund’s portfolio invested in the stock 2.34% | Change in the portfolio weight of the stock over the last 3 months 0.31% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 23/44 (-5) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
THANGAMAYL has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.50%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.02 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 18, 2024
Dividend/Share
₹6.00
Ex DateEx Date
Jul 18, 2024
Cash Dividend
Ex DateEx DateFeb 12, 2024
Dividend/Share
₹4.00
Ex DateEx Date
Feb 12, 2024
Cash Dividend
Ex DateEx DateJun 27, 2023
Dividend/Share
₹6.00
Ex DateEx Date
Jun 27, 2023
Cash Dividend
Ex DateEx DateFeb 1, 2023
Dividend/Share
₹6.00
Ex DateEx Date
Feb 1, 2023
Cash Dividend
Ex DateEx DateJul 27, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Jul 27, 2022
Net loss of Thangamayil Jewellery reported to Rs 17.44 crore in the quarter ended September 2024 as against net profit of Rs 8.39 crore during the previous quarter ended September 2023. Sales rose 18.75% to Rs 1178.10 crore in the quarter ended September 2024 as against Rs 992.11 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1178.10992.11 19 OPM %-0.632.46 - PBDT-18.0415.93 PL PBT-23.5512.26 PL NP-17.448.39 PL Powered by Capital Market - Live
Thangamayil Jewellery will hold a meeting of the Board of Directors of the Company on 6 November 2024Powered by Capital Market - Live
The company will consider the proposal for raising of funds by issuance of equity shares or convertible bonds or debentures or any other securities, through permissible modes including but not limited to a rights issue, preferential issue or qualified institutions placement, as may be permitted under applicable law. Thangamayil Jewellery in the business of Gold Jewellery, Diamond and Silver Articles, which constitutes a single business segment. The company's consolidated net profit declined 3.5% to Rs 56.56 crore on 27.3% jump in net sales to Rs 1,220.33 crore in Q1 FY25 over Q1 FY24. Shares of Thangamayil Jewellery declined 1.11% to Rs 2,309.55 on the BSE. It hit an all-time high of Rs 2,451.15 in intraday session. Powered by Capital Market - Live
Thangamayil Jewellery will hold a meeting of the Board of Directors of the Company on 26 September 2024.Powered by Capital Market - Live
Thangamayil Jewellery announced that final dividend of Rs 6 per share will be paid on or before 20 August 2024. Powered by Capital Market - Live
Net profit of Thangamayil Jewellery declined 3.50% to Rs 56.56 crore in the quarter ended June 2024 as against Rs 58.61 crore during the previous quarter ended June 2023. Sales rose 27.27% to Rs 1220.33 crore in the quarter ended June 2024 as against Rs 958.87 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1220.33958.87 27 OPM %7.509.64 - PBDT82.5982.45 0 PBT77.1979.02 -2 NP56.5658.61 -3 Powered by Capital Market - Live
Thangamayil Jewellery will hold a meeting of the Board of Directors of the Company on 25 July 2024.Powered by Capital Market - Live
BRIEF-Thanga Mayil Jewellery Approves Interim Dividend Of 6 Rupees Per Share
BRIEF-India’s Thanga Mayil Jewellery Posts June-Qtr Loss - Investing.com India
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 21.52%, vs industry avg of 10.25%
Increasing Market Share
Over the last 5 years, market share increased from 0.62% to 0.99%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 32.44%, vs industry avg of 8.21%