Thangamayil Jewellery Limited is navigating a period of rapid retail expansion in Tamil Nadu, balancing high-growth revenue targets against the macro challenge of elevated gold prices. Investors are looking for clarity on how the company’s recent Chennai-led store rollout is impacting margins and whether the firm can sustain its volume momentum amidst shifting consumer spending patterns.
| Results date | May 15, 2026 |
|---|---|
| Quarter | Q4 |
| Previous quarter revenue | Rs. 2,401.21 Crores |
| Previous quarter PAT | Rs. 104.78 Crores |
| Previous quarter EBITDA margin | Not stated |
| Market cap | Rs. 11,279.33 Cr |
| CMP | Rs. 3628.9 |
The board of directors is scheduled to meet on May 15, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026, and to consider and recommend a dividend for FY2026.
In its most recently reported quarter, Thangamayil Jewellery Limited posted revenue of Rs. 2,401.21 Crores, PAT of Rs. 104.78 Crores, and an EBITDA margin of Not stated. The company is managing a significant retail footprint expansion, having opened 10 new outlets in 9M FY26, with a strategic focus on the Chennai market. While Akshaya Tritiya FY26 saw a 59% increase in gold prices, the company reported a 15.14% YoY increase in gold volume to 183.20 kg, demonstrating resilience in a high-price environment. Management is navigating a complex tax litigation landscape, including pending disputes totaling over Rs. 84.67 Crores across various assessment years.
Performance vs Guidance Tracking: Tracking progress against stated strategic targets for the fiscal year.
Chennai Operations and Expansion: Assessing the contribution of the new flagship store and broader regional expansion.
Operational and Financial Risks: Monitoring headwinds from market conditions and legal disputes.
The company will announce its Q4 FY 2025-2026 results on May 15, 2026.
Yes, the board meeting scheduled for May 15, 2026, includes an agenda item to consider and recommend a dividend for FY 2025-2026.
The company reported net sales of Rs. 2,401.21 Crores for the third quarter of FY 2025-2026.
The company aims to reach 40 lakh customers by March 31, 2026. As of the latest update, the customer base stood at 32 lakhs.
Thangamayil reported sales of Rs. 279.27 Crores for Akshaya Tritiya FY26, representing a 75.87% YoY increase. Gold volumes grew by 15.14% despite a 59% rise in gold prices.
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