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Latest news about Thangamayil Jewellery

Thangamayil Jewellery Hits All-Time High, Surges 53% on Strong Q2 Results Nov 07, 2025

Thangamayil Jewellery's stock price has surged over 53% in five trading sessions, reaching an all-time high of Rs 3,144.00. The company reported impressive Q2 FY24 results, with net profit turning to Rs 58.50 crore from a loss of Rs 17.40 crore in Q2 FY23. Revenue increased by 45% to Rs 1,711.00 crore. October performance was exceptional, with revenue crossing Rs 1,000.00 crore for the first time, up 178% year-over-year. Technical analysis shows a breakout from a year-long consolidation pattern with strong trading volumes. Support levels are identified between Rs 2,800.00 and Rs 2,570.00, with potential upside targets of Rs 3,300.00 - Rs 3,500.00 if the stock maintains above the Rs 2,600.00 - Rs 2,800.00 range.

Thangamayil Jewellery Reports Strong H1 FY26 Performance, Expands Chennai Presence Nov 04, 2025

Thangamayil Jewellery Achieves Record Monthly Revenue of Rs 1,032 Crores in October 2025 Nov 03, 2025

Thangamayil Jewellery Reports Impressive Q2 Turnaround with 585M Rupees Net Profit Nov 03, 2025

Thangamayil Jewellery Expands Presence with Two New Branches in Chennai Sep 15, 2025

More news about Thangamayil Jewellery

13Aug 25

Thangamayil Jewellery Reports 96% Utilization of Rs 510 Crore Rights Issue Proceeds

Thangamayil Jewellery Limited has utilized 96% (Rs 489.44 crore) of its Rs 510 crore rights issue funds, according to a CARE Rating Limited report. The funds were allocated for new store openings, inventory, and corporate purposes. Capital expenditure for new stores and general corporate purposes saw 100% utilization. The company has invested the remaining Rs 20.56 crore in fixed deposits. All necessary government approvals for new stores have been obtained, and no deviations from stated objectives were reported.

28Jul 25

Thangamayil Jewellery Approves Rs. 12.50 Per Share Dividend Amid Strong Q1 Performance

Thangamayil Jewellery Limited announced a final dividend of Rs. 12.50 per equity share at its 25th AGM. Q1 results show total sales up 27% to Rs. 1,555.00 crore, with retail sales increasing 28% to Rs. 1,505.00 crore. Gross profit rose 29% to Rs. 167.00 crore, while PAT decreased to Rs. 46.00 crore. The company expanded its retail network to 64 outlets, with new stores in Chennai. Despite challenges from a 28% increase in gold prices, the company maintained its gross profit margin at 11%. Thangamayil reported liquid funds of Rs. 400.00 crore and improved inventory hedging to 94%.

28Jul 25

Thangamayil Jewellery Approves Rs. 12.50 Per Share Dividend, Reports Strong Q1 Performance

Thangamayil Jewellery Limited announced a final dividend of Rs. 12.50 per equity share at its 25th AGM. The company reported robust Q1 FY2025-26 results with total income rising 27% YoY to Rs. 1,557.86 crore. Retail sales grew 28% to Rs. 1,505 crore, while net profit stood at Rs. 45.71 crore. The company expanded its retail presence to 64 outlets and is actively growing in Chennai with new store openings. Despite challenges from increased gold prices, the company maintained strong growth in retail sales and gross profit.

28Jul 25

Thangamayil Jewellery Reports 19% Profit Decline Despite 12.7% Revenue Growth

Thangamayil Jewellery Limited (TMJL) announced its Q1 FY24 results, showing a 12.7% increase in revenue to ₹1,555.30 crore, driven by a 28% growth in retail sales. However, net profit declined by 19% to ₹45.70 crore. EBITDA fell 71% to ₹69.40 crore, with margins compressing to 4.5% from 17.5%. Same-store sales growth moderated to 6.83%. The company expanded its retail presence to 64 outlets. Despite the mixed results, analysts maintain 'buy' ratings on the stock.

30Jun 25

Thangamayil Jewellery Expands Retail Footprint with Two New Chennai Stores

Thangamayil Jewellery plans to expand its presence in Chennai by opening two new stores. This strategic move aims to strengthen the company's position in the Indian jewelry retail sector and capture a larger market share in a key metropolitan area. The expansion reflects the company's confidence in the local market and potential consumer demand for jewelry products. While specific details about store locations and opening dates are not disclosed, this initiative is part of Thangamayil Jewellery's broader growth strategy.

15May 25

Thangamayil Jewellery Shines with Strong Q4 Performance: Revenue Surges 40% YoY, Announces ₹12.5 Per Share Dividend

Thangamayil Jewellery posted impressive Q4 results with revenue increasing 40% YoY to ₹13.80 billion. Net profit rose 11.3% to ₹314.00 million. For FY 2024, revenue grew 21.43% to ₹3,832.20 crore, while net profit surged 54.58% to ₹123.20 crore. The company declared a dividend of ₹12.5 per share. Despite strong growth, EBITDA margin slightly decreased to 4.14% from 4.92% YoY.

01Apr 25

Thangamayil Jewellery Soars as Promoters Fully Release Pledged Shares

Thangamayil Jewellery Limited (TMJL) announced that its promoters have completely released their pledged shares. The stock price rose 2.33% to ₹2,054.35 following the news. Promoters Balarama Govinda Das, Ba. Ramesh, and N.B. Kumar each released 105,000 shares, representing about 1.95% of the total share capital each. The pledged shares were previously held by Yes Bank Limited and Axis Bank Limited for working capital finance. Promoters now hold a 61.27% stake in the company, all free from encumbrances.

10Mar 25

Thangamayil Jewellery Announces Rights Issue at ₹1,400 Per Share

Thangamayil Jewellery's board has approved a rights issue priced at ₹1,400 per equity share. This corporate action allows existing shareholders to purchase additional shares, potentially increasing their stake in the company. The rights issue is a strategic move to raise capital, possibly for expansion or other corporate purposes. Further details such as the rights entitlement ratio, record date, and use of funds are expected to be announced soon.

07Mar 25

Thangamayil Jewellery Completes Rights Issue, Raises ₹510 Crore

Thangamayil Jewellery Limited (TJML) has successfully completed its rights issue, raising approximately ₹510 crore. The company allotted 36,42,857 fully paid-up equity shares at ₹1,400 per share, including a premium of ₹1,390. This corporate action has increased TJML's paid-up equity share capital from ₹27,43,91,640 to ₹31,08,20,210. The rights issue was approved by the company's Rights Issue Committee on March 7, 2025. This capital infusion comes amid strong financial performance, with TJML reporting a 24% year-on-year growth in retail revenue for the first nine months of FY25.