NSEI:THANGAMAYL

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Thangamayil Jewellery

Executive Summary

Thangamayil Jewellery Limited operates a chain of retail jewelry stores in India. More Details


Snowflake Analysis

Solid track record with adequate 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 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: THANGAMAYL's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

1.2%

THANGAMAYL

-2.3%

IN Specialty Retail

2.0%

IN Market


1 Year Return

55.6%

THANGAMAYL

-22.3%

IN Specialty Retail

17.7%

IN Market

Return vs Industry: THANGAMAYL exceeded the Indian Specialty Retail industry which returned -22.3% over the past year.

Return vs Market: THANGAMAYL exceeded the Indian Market which returned 17.7% over the past year.


Shareholder returns

THANGAMAYLIndustryMarket
7 Day1.2%-2.3%2.0%
30 Day9.9%13.6%7.0%
90 Day61.8%44.0%26.0%
1 Year58.3%55.6%-10.8%-22.3%19.8%17.7%
3 Year4.4%0.2%-86.6%-86.8%11.9%6.5%
5 Year222.8%206.1%-65.1%-65.8%88.7%74.4%

Long-Term 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

Valuation

Is Thangamayil Jewellery undervalued compared to its fair value and its price relative to the market?

12.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: THANGAMAYL (₹612.25) is trading above our estimate of fair value (₹41.19)

Significantly Below Fair Value: THANGAMAYL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: THANGAMAYL is good value based on its PE Ratio (12.6x) compared to the IN Specialty Retail industry average (13x).

PE vs Market: THANGAMAYL is good value based on its PE Ratio (12.6x) compared to the Indian market (19.6x).


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 (3.2x) compared to the IN Specialty Retail industry average (0.9x).


Next Steps

Future Growth

How is Thangamayil Jewellery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.5%

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

Past Performance

How has Thangamayil Jewellery performed over the past 5 years?

37.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: THANGAMAYL has a high level of non-cash earnings.

Growing Profit Margin: THANGAMAYL's current net profit margins (5.3%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: THANGAMAYL's earnings have grown significantly by 37% per year over the past 5 years.

Accelerating Growth: THANGAMAYL's earnings growth over the past year (78%) exceeds its 5-year average (37% per year).

Earnings vs Industry: THANGAMAYL earnings growth over the past year (78%) exceeded the Specialty Retail industry 22.7%.


Return on Equity

High ROE: THANGAMAYL's Return on Equity (25.2%) is considered high.


Next Steps

Financial Health

How is Thangamayil Jewellery's financial position?


Financial Position Analysis

Short Term Liabilities: THANGAMAYL's short term assets (₹6.0B) exceed its short term liabilities (₹3.6B).

Long Term Liabilities: THANGAMAYL's short term assets (₹6.0B) exceed its long term liabilities (₹711.5M).


Debt to Equity History and Analysis

Debt Level: THANGAMAYL's debt to equity ratio (89.3%) is considered high.

Reducing Debt: THANGAMAYL's debt to equity ratio has reduced from 106.8% to 89.3% 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 well covered by EBIT (8x coverage).


Balance Sheet


Next Steps

Dividend

What is Thangamayil Jewellery current dividend yield, its reliability and sustainability?

0.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: THANGAMAYL's dividend (0.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: THANGAMAYL's dividend (0.82%) is low compared to the top 25% of dividend payers in the Indian market (1.8%).


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: Unable to calculate sustainability of dividends as THANGAMAYL has not reported any payouts.


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?

13.2yrs

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 ($USD98.48K) is above average for companies of similar size in the Indian market ($USD44.13K).

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


Board Members

NamePositionTenureCompensationOwnership
Balarama Das
Founderno data₹7.20m20.39%
₹ 1.8b
Balusamy Darmini
Founder20.83yrs₹7.20m21.04%
₹ 1.8b
N. Kumar
Joint MD & Whole-Time Director20.83yrs₹7.20m20.5%
₹ 1.8b
S. Rethinavelu
Non-Executive Independent Director13.33yrs₹30.00kno data
Lalji Vora
Non Executive Independent Director13.33yrs₹25.00kno data
V. Muthu
Non-Executive Independent Director13.17yrs₹20.00kno data
Yamuna Vasini Dasi
Non-Executive Director5.92yrs₹25.00k0.15%
₹ 12.8m
V. Ramasamy
Non-Executive Independent Director4.67yrs₹5.00kno data
Sivanandi Chandrasekaran
Independent Director0.83yr₹5.00kno data
Rajakumari Jeevagan
Woman Independent Director0.33yrno datano data

13.2yrs

Average Tenure

63yo

Average Age

Experienced Board: THANGAMAYL's board of directors are seasoned and experienced ( 13.2 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: ₹8.682b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
THANGAMAYLNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2010
533158BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/15 12:15
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.