Thangamayil Jewellery Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Balarama Das

Chief executive officer

₹7.2m

Total compensation

CEO salary percentage	n/a
CEO tenure	23.5yrs
CEO ownership	17.2%
Management average tenure	no data
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Balarama Das's remuneration changed compared to Thangamayil Jewellery's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹954m
Jun 30 2024	n/a	n/a	₹1b
Mar 31 2024	₹7m	n/a	₹1b
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹7m	n/a	₹797m
Dec 31 2022	n/a	n/a	₹567m
Sep 30 2022	n/a	n/a	₹542m
Jun 30 2022	n/a	n/a	₹650m
Mar 31 2022	₹7m	n/a	₹386m
Dec 31 2021	n/a	n/a	₹443m
Sep 30 2021	n/a	n/a	₹599m
Jun 30 2021	n/a	n/a	₹855m
Mar 31 2021	₹5m	n/a	₹866m
Dec 31 2020	n/a	n/a	₹814m
Sep 30 2020	n/a	n/a	₹669m
Jun 30 2020	n/a	n/a	₹264m
Mar 31 2020	₹7m	₹7m	₹457m
Dec 31 2019	n/a	n/a	₹442m
Sep 30 2019	n/a	n/a	₹375m
Jun 30 2019	n/a	n/a	₹327m
Mar 31 2019	₹7m	₹7m	₹303m

Compensation vs Market: Balarama's total compensation ($USD85.29K) is below average for companies of similar size in the Indian market ($USD354.64K).

Compensation vs Earnings: Balarama's compensation has been consistent with company performance over the past year.

CEO

Balarama Das (67 yo)

23.5yrs

Tenure

₹7,200,000

Compensation

Mr. Balarama Govinda Das founded Thangamayil Jewellery Limited and serves as its Managing Director and Chairman. Mr. Das is in the business of Manufacturing and Trading of Gold and Diamond jewellery for mo...

Board Members

Name	Position	Tenure	Compensation	Ownership
Balarama Das	Founder	23.5yrs	₹7.20m	17.21% ₹ 9.5b
Balusamy Darmini	Founder	24.7yrs	₹7.20m	17.45% ₹ 9.6b
Narayanan Kumar	Joint MD & Whole-Time Director	24.7yrs	₹7.20m	17.75% ₹ 9.8b
Yamuna Vasini Dasi	Non-Executive Director	9.8yrs	₹30.00k	0.23% ₹ 123.8m
Sivanandi Chandrasekaran	Independent Director	4.7yrs	₹40.00k	no data
Rajakumari Jeevagan	Woman Independent Director	4.2yrs	₹30.00k	no data
N. Jegatheesan	Independent Director	less than a year	no data	no data
K. Rajan	Independent Director	less than a year	no data	no data

7.2yrs

Average Tenure

64yo

Average Age

Experienced Board: 533158's board of directors are considered experienced (7.2 years average tenure).

Thangamayil Jewellery Management

Management criteria checks 3/4

Key information

Recent management updates

Thangamayil Jewellery Limited Approves Board Appointments

Thangamayil Jewellery Limited, Annual General Meeting, Jul 25, 2024

Thangamayil Jewellery Limited, Annual General Meeting, Jul 24, 2023

Less than half of directors are independent

Less than half of directors are independent

Thangamayil Jewellery Limited Announces the Resignation of V. Ramasamy as Independent Director

Recent updates

Now 20% undervalued after recent price drop

Second quarter 2025 earnings released: ₹6.36 loss per share (vs ₹3.06 profit in 2Q 2024)

Thangamayil Jewellery Limited to Report Q2, 2025 Results on Nov 06, 2024

Price target increased by 12% to ₹2,498

Investor sentiment improves as stock rises 17%

Thangamayil Jewellery Limited Approves Board Appointments

Thangamayil Jewellery Limited Announces Final Dividend, Payable on or Before August 20, 2024

Thangamayil Jewellery Limited to Report Q1, 2025 Results on Jul 25, 2024

Upcoming dividend of ₹6.00 per share

Full year 2024 earnings released: EPS: ₹44.91 (vs ₹29.06 in FY 2023)

Investor sentiment improves as stock rises 21%

Investor sentiment improves as stock rises 18%

Thangamayil Jewellery Limited, Annual General Meeting, Jul 25, 2024

Full year 2024 earnings released: EPS: ₹44.91 (vs ₹29.06 in FY 2023)

Thangamayil Jewellery Limited to Report Fiscal Year 2024 Results on May 20, 2024

Now 20% overvalued

Now 21% overvalued

Now 23% overvalued

Now 21% overvalued

Upcoming dividend of ₹4.00 per share at 0.6% yield

Third quarter 2024 earnings released: EPS: ₹10.21 (vs ₹5.02 in 3Q 2023)

Thangamayil Jewellery Limited Approves Interim Dividend for the Financial Year Ending 31St March, 2024, Payable on or Before 25Th February, 2024

Thangamayil Jewellery Limited to Report Q3, 2024 Results on Feb 01, 2024

Second quarter 2024 earnings released: EPS: ₹3.06 (vs ₹5.82 in 2Q 2023)

Thangamayil Jewellery Limited to Report Q2, 2024 Results on Nov 01, 2023

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: ₹21.36 (vs ₹6.92 in 1Q 2023)

Thangamayil Jewellery Limited to Report Q1, 2024 Results on Jul 24, 2023

Thangamayil Jewellery Limited Announces Final Dividend, Will Be Paid on or Before 25Th July, 2023

Upcoming dividend of ₹6.00 per share at 0.8% yield

Thangamayil Jewellery Limited, Annual General Meeting, Jul 24, 2023

Full year 2023 earnings released: EPS: ₹58.13 (vs ₹28.09 in FY 2022)

Thangamayil Jewellery Limited to Report Fiscal Year 2023 Results on May 22, 2023

Third quarter 2023 earnings released: EPS: ₹10.04 (vs ₹8.25 in 3Q 2022)

Thangamayil Jewellery Limited Declares Interim Dividend for the Financial Year Ending March 31, 2023, Payable on or before February 20, 2023

Thangamayil Jewellery Limited to Report Q3, 2023 Results on Jan 23, 2023

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: ₹11.63 (vs ₹19.47 in 2Q 2022)

Thangamayil Jewellery Limited to Report Q2, 2023 Results on Oct 17, 2022

Less than half of directors are independent

Thangamayil Jewellery Limited Approves the Payment of Dividend, Payable on or Before 25 August, 2022

Upcoming dividend of ₹5.00 per share

Thangamayil Jewellery Limited to Report Q1, 2023 Results on Jul 27, 2022

Full year 2022 earnings released: EPS: ₹28.09 (vs ₹63.11 in FY 2021)

Thangamayil Jewellery Limited Announces the Resignation of V. Ramasamy as Independent Director

Full year 2022 earnings released: EPS: ₹28.09 (vs ₹63.11 in FY 2021)

Thangamayil Jewellery Limited, Annual General Meeting, Aug 04, 2022

Thangamayil Jewellery Limited to Report Fiscal Year 2022 Results on May 19, 2022

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Thangamayil Jewellery Limited Declares Interim Dividend for the Year Ending March 31, 2022

Second quarter 2022 earnings released: EPS ₹19.47 (vs ₹38.01 in 2Q 2021)

Thangamayil Jewellery Limited Announces All of its Showrooms Starts Functioning from June 28, 2021

Full year 2021 earnings released: EPS ₹63.11 (vs ₹33.28 in FY 2020)

Investor sentiment improved over the past week

Chief Financial Officer recently bought ₹106k worth of stock

Founder recently bought ₹2.0m worth of stock

General Manager of Marketing recently bought ₹599k worth of stock

Third quarter 2021 earnings released: EPS ₹19.61 (vs ₹9.05 in 3Q 2020)

Thangamayil Jewellery Limited to Report Q3, 2021 Results on Jan 27, 2021

New 90-day high: ₹662

New 90-day high: ₹604

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹472

Founder recently bought ₹4.0m worth of stock

Founder recently bought ₹220k worth of stock

New 90-day high: ₹434