Thangamayil Jewellery
Market Cap
₹5.2b
Last Updated
2020/10/19 12:55 UTC
Data Sources
Company Financials
Executive Summary
Thangamayil Jewellery Limited operates a chain of retail jewelry stores in India. More Details
Risk Analysis
Snowflake Analysis
Second-rate dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Thangamayil Jewellery's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: THANGAMAYL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-0.8%
THANGAMAYL
-1.7%
IN Specialty Retail
-0.6%
IN Market
1 Year Return
11.2%
THANGAMAYL
-66.7%
IN Specialty Retail
2.2%
IN Market
Return vs Industry: THANGAMAYL exceeded the Indian Specialty Retail industry which returned -66.2% over the past year.
Return vs Market: THANGAMAYL exceeded the Indian Market which returned 1.1% over the past year.
Shareholder returns
| THANGAMAYL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | -1.7% | -0.6% |
| 30 Day | 2.7% | -13.5% | 0.2% |
| 90 Day | 30.0% | -12.6% | 6.7% |
| 1 Year | 13.2%11.2% | -64.4%-66.7% | 3.9%2.2% |
| 3 Year | -8.9%-12.6% | -85.3%-85.5% | 2.6%-2.4% |
| 5 Year | 110.9%100.0% | -71.6%-72.2% | 41.3%30.8% |
Price Volatility Vs. Market
How volatile is Thangamayil Jewellery's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Does Thangamayil Jewellery's (NSE:THANGAMAYL) CEO Pay Reveal?3 weeks ago | Simply Wall St
These 4 Measures Indicate That Thangamayil Jewellery (NSE:THANGAMAYL) Is Using Debt Extensively1 month ago | Simply Wall St
Should You Be Impressed By Thangamayil Jewellery Limited's (NSE:THANGAMAYL) ROE?Valuation
Is Thangamayil Jewellery undervalued compared to its fair value and its price relative to the market?
19.89x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: THANGAMAYL (₹382.75) is trading above our estimate of fair value (₹37.51)
Significantly Below Fair Value: THANGAMAYL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: THANGAMAYL is poor value based on its PE Ratio (19.9x) compared to the IN Specialty Retail industry average (17.2x).
PE vs Market: THANGAMAYL is poor value based on its PE Ratio (19.9x) compared to the Indian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate THANGAMAYL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: THANGAMAYL is overvalued based on its PB Ratio (2.5x) compared to the IN Specialty Retail industry average (0.8x).
Next Steps
Future Growth
How is Thangamayil Jewellery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.2%
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Thangamayil Jewellery has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of THANGAMAYL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Thangamayil Jewellery competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
Past Performance
How has Thangamayil Jewellery performed over the past 5 years?
39.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: THANGAMAYL has high quality earnings.
Growing Profit Margin: THANGAMAYL's current net profit margins (2%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: THANGAMAYL has become profitable over the past 5 years, growing earnings by 39.3% per year.
Accelerating Growth: THANGAMAYL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: THANGAMAYL had negative earnings growth (-19.5%) over the past year, making it difficult to compare to the Specialty Retail industry average (52.3%).
Return on Equity
High ROE: THANGAMAYL's Return on Equity (12%) is considered low.
Next Steps
Financial Health
How is Thangamayil Jewellery's financial position?
Financial Position Analysis
Short Term Liabilities: THANGAMAYL's short term assets (₹6.2B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: THANGAMAYL's short term assets (₹6.2B) exceed its long term liabilities (₹636.8M).
Debt to Equity History and Analysis
Debt Level: THANGAMAYL's debt to equity ratio (113.4%) is considered high.
Reducing Debt: THANGAMAYL's debt to equity ratio has reduced from 142.7% to 113.4% over the past 5 years.
Debt Coverage: THANGAMAYL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: THANGAMAYL's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Thangamayil Jewellery current dividend yield, its reliability and sustainability?
1.31%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: THANGAMAYL's dividend (1.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: THANGAMAYL's dividend (1.31%) is low compared to the top 25% of dividend payers in the Indian market (2.3%).
Stability and Growth of Payments
Stable Dividend: THANGAMAYL's dividend payments have been volatile in the past 10 years.
Growing Dividend: THANGAMAYL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26%), THANGAMAYL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.9yrs
Average board tenure
CEO
Balarama Das (63 yo)
no data
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 ...
CEO Compensation Analysis
Compensation vs Market: Balarama's total compensation ($USD98.04K) is above average for companies of similar size in the Indian market ($USD56.15K).
Compensation vs Earnings: Balarama's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | ₹7.20m | 20.1% ₹ 1.0b | |
| Founder | 20.58yrs | ₹7.20m | 20.71% ₹ 1.1b | |
| Joint MD & Whole-Time Director | 20.58yrs | ₹7.20m | 20.2% ₹ 1.0b | |
| Non-Executive Independent Director | 13.08yrs | ₹30.00k | no data | |
| Non Executive Independent Director | 13.08yrs | ₹25.00k | 0.00073% ₹ 37.9k | |
| Non-Executive Independent Director | 12.92yrs | ₹20.00k | no data | |
| Non-Executive Director | 5.67yrs | ₹25.00k | 0.15% ₹ 7.6m | |
| Non-Executive Independent Director | 4.42yrs | ₹5.00k | no data | |
| Independent Director | 0.58yr | ₹5.00k | no data | |
| Woman Independent Director | 0.083yr | no data | no data |
12.9yrs
Average Tenure
63yo
Average Age
Experienced Board: THANGAMAYL's board of directors are seasoned and experienced ( 12.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: THANGAMAYL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Thangamayil Jewellery Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Thangamayil Jewellery Limited
- Ticker: THANGAMAYL
- Exchange: NSEI
- Founded: 1947
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: ₹5.191b
- Shares outstanding: 13.72m
- Website: https://www.thangamayil.com
Number of Employees
Location
- Thangamayil Jewellery Limited
- No.25/6, Palami Center
- 2nd & 3rd Floors
- Madurai
- Tamil Nadu
- 625014
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| THANGAMAYL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Feb 2010 |
| 533158 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Feb 2010 |
Biography
Thangamayil Jewellery Limited operates a chain of retail jewelry stores in India. The company offers gold, diamond, silver, and platinum jewelries, as well as silver articles, bars, and coins. It also manu ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/19 12:55 |
| End of Day Share Price | 2020/10/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.