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    Thangamayil Jewellery Limited

    Gold, diamond and silver jewellery retail chain with showrooms across Tamil Nadu, headquartered in Madurai.

    Consumer Durables
    Consumer Discretionary
    ₹6,436
    +20.06% from avg

    Overview

    Price

    ₹6,436

    Market Cap

    ₹22.7k Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    1

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1414141427313131
    Reserves2062843113754661.1k1.1k1.4k
    Borrowings2603234175715327971.1k913
    Other Liabilities2351541632874566609561.5k
    Total Liabilities7157759051.2k1.5k2.6k3.2k3.8k
    AssetsFixed Assets817984120154201250293
    CWIP227221177
    Investments00000000
    Other Assets6336948141.1k1.3k2.3k3.0k3.5k
    Total Assets7157759051.2k1.5k2.6k3.2k3.8k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating85-3955-7910330-424322
    Cash from Investing-17818-21-86-30-138-165
    Cash from Financing-6224-649478-293637-122
    SummaryCapital Expenditure
    Free Cash Flow80-4849-95-21293-482249
    FCF Margin

    Valuation

    Assumptions

    Current — THANGAMAYL
    Price
    ₹6,907
    EPS (TTM)
    ₹113.14
    PE (TTM)
    61.0
    Profit growth
    64.0%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (36.7×) and current (61.0×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹6,907
    vs
    Fair value · 15% return
    ₹26,717
    287%Undervalued

    At 64% growth and a 37× exit, ₹6907 only delivers your return if you pay ₹26,717. The price is currently baking in 29% growth.

    EPS grows 64%/yr for 5 years, then fades to 6% over 2, exits at 37×.

    YearGrowthEPS (₹)
    FY2764.0%185.55
    FY2864.0%304.30
    FY2964.0%499.05
    FY3064.0%818.45
    FY3164.0%1342.26
    FY3235.0% ·fade1812.05
    FY336.0% ·fade1920.77

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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