Thangamayil Jewellery Ltd
Un-audited financial results for quarter ended 30.06.2026.
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 11:09 AM IST · BSE ID: 095833cf-ae95-4774-a8b9-05fa04fda835
View Original BSE Filing (PDF)
💡
In Simple Terms
Thangamayil Jewellery significantly increased its sales and profits in the latest quarter compared to the same period last year.
🤖 AI Summary
- Thangamayil Jewellery reported standalone net profit of Rs. 8,509 Lakh for Q1 FY27, an 85% YoY increase.
- Net Sales from Operations stood at Rs. 2,66,245 Lakh in Q1 FY27, growing 71% YoY.
- Basic Earnings Per Share (EPS) was Rs. 27.34 for Q1 FY27, marking an 86% YoY rise.
- Gross profit margin decreased to 9.81% in Q1 FY27 from 17.39% in Q4 FY26 on QoQ basis.
- Same Store Sales (SSS) growth for the quarter ended June 30, 2026, was 44.40%.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Sales
2,66,245 Rs. In Lakhs
71%
Profit/(Loss) for the period
8,509 Rs. In Lakhs
85%
Basic Earnings per equity share
27.34 Rs.
86%
Gross Profit Margin (YoY)
9.81%
Not comparable — limited prior period data.
Same Store Sales (SSS) growth (YoY)
44.40%
Not comparable — limited prior period data.
🏢 How This Affects the Company
The company reported 71% YoY growth in Net Sales and 65% YoY growth in Gold Jewellery sales, indicating increased customer purchases in the retail segment. Contribution to gold revenue from exchange schemes and customer advances improved to 53% of revenue from 47% YoY.
Profit After Tax increased 85% YoY to Rs. 8,509 Lakh. However, Gross Profit Margin declined to 9.81% from 17.39% QoQ, impacting sequential profitability. Inventory Turnover (Annualized) improved to 3.20 times from 2.92 times YoY.
The company opened 2 new outlets in Chennai in June 2026 and plans to open 4 more in Chennai by September 2026, expanding its retail footprint. Hedging on gold was 96% and on silver was 43% as of June 30, 2026.
Gross profit margin reduction of 158 BPS QoQ due to steep increase in import duty from 6% to 15% (from May 13, 2026) and significant INR depreciation poses a margin risk. The company noted continued uncertainty from geopolitical events impacting sales in Q2 FY27.
👥 What This Means For Shareholders
✅
Action Required
No action required based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with Basic EPS at Rs. 27.34 for Q1 FY27, up from Rs. 14.71 in Q1 FY26.
🔍
Management Signal
Management is signaling continued retail expansion with 6 new outlets planned in Chennai and believes postponed demand will return in the second half of FY27.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — monitor sales and profit margin trends.
Status of new Chennai outlets — confirm completion and sales contribution.
Update on gold prices and import duty — assess impact on future margins.
MEDIUM RISK
Decreased gross profit margin and QoQ sales decline, influenced by external factors like import duty and geopolitical events.
💡 Investor Takeaway
Thangamayil Jewellery reported a Q1 FY27 standalone net profit of Rs. 8,509 Lakh, an 85% increase from Rs. 4,571 Lakh YoY. Net Sales grew 71% YoY to Rs. 2,66,245 Lakh. Gross profit margin decreased to 9.81% from 17.39% QoQ, reflecting margin pressures.
⚖️ Strengths & Concerns
✅ Positives
- Net Sales from Operations grew 71% YoY to Rs. 2,66,245 Lakh in Q1 FY27, reflecting strong top-line expansion.
- Profit After Tax increased 85% YoY to Rs. 8,509 Lakh for Q1 FY27, indicating improved profitability compared to the previous year.
⚠️ Concerns
- Gross profit margin decreased by 158 BPS to 9.81% in Q1 FY27 compared to 17.39% in Q4 FY26 due to input cost pressures.
- Gold Ornament Volume sales decreased 10% QoQ to 1,620 Kgs from 1,812 Kgs, attributing to customer postponement of purchases.
❓ Frequently Asked Questions
What was Thangamayil Jewellery's net profit for Q1 FY27?
Thangamayil Jewellery reported a standalone net profit of Rs. 8,509 Lakh for the quarter ended June 30, 2026.
What were Thangamayil Jewellery's net sales in Q1 FY27?
Net Sales from Operations for Thangamayil Jewellery stood at Rs. 2,66,245 Lakh for Q1 FY27, up from Rs. 1,55,532 Lakh in Q1 FY26.
How did Thangamayil Jewellery's Earnings Per Share perform in Q1 FY27?
Thangamayil Jewellery's Basic Earnings Per Share was Rs. 27.34 for Q1 FY27, an increase from Rs. 14.71 in Q1 FY26.
What was the Same Store Sales growth for Thangamayil Jewellery in Q1 FY27?
Same Store Sales (SSS) growth for Thangamayil Jewellery was 44.40% for the 3 months ended June 30, 2026.
What was Thangamayil Jewellery's gross profit margin in Q1 FY27?
Thangamayil Jewellery's gross profit margin was 9.81% in Q1 FY27, compared to 17.39% in Q4 FY26.
Questions based on this BSE filing only. For information purposes.