Thangamayil Jewellery Ltd
UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 11:16 AM IST · BSE ID: 4346dccf-4a13-4c0e-89a4-ac532a60ee56
View Original BSE Filing (PDF)
💡
In Simple Terms
Thangamayil Jewellery's profit significantly increased in the first quarter of the financial year 2027 compared to the same period last year.
🤖 AI Summary
- Thangamayil Jewellery reported Q1 FY27 net profit of Rs. 8,509 Lakh, an 85% increase from Q1 FY26.
- Total income from operations reached Rs. 2,66,638 Lakh for the quarter ended June 30, 2026.
- Basic Earnings Per Share (EPS) for Q1 FY27 stood at Rs. 27.34, up from Rs. 14.71 in Q1 FY26.
- Retail Sales grew by 67% YoY to Rs. 2,517 Crs in Q1 FY27, including Rs. 2,273 Crs from Gold Jewellery.
- Same Store Sales (SSS) growth for the quarter ended June 30, 2026, was 44.40% YoY.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Sales
2,66,245 Rs. In Lakhs
Profit/(Loss) for the period (PAT)
8,509 Rs. In Lakhs
Basic Earnings per equity share
27.34 Rs.
Same Store Sales (SSS) growth
44.40%
Gold Volume Sales
1,620 Kgs
🏢 How This Affects the Company
The company's retail sales grew 67% YoY, indicating robust customer demand despite challenges like increased import duty and INR depreciation mentioned in the performance highlights. Non-gold sales composition improved by 105 BPS.
Net profit increased by 85% YoY to Rs. 8,509 Lakh, with total income from operations also seeing a significant rise. However, gross profit margin decreased to 9.81% from 17.39% QoQ, a reduction of 158 BPS.
Gold hedging was at 96% and silver hedging at 43% as of June 30, 2026. The company is actively expanding its retail network, with 2 new outlets opened in Chennai and 4 more planned.
The performance highlights note a slowdown in sales on a Quarter-on-Quarter (QoQ) basis due to increased import duty, INR depreciation, and geopolitical uncertainties. No visible improvement in sales was witnessed in the first 28 days of Q2 FY27.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this financial results filing.
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Who Is Affected
All shareholders are affected by the company's financial performance, which showed an 85% YoY increase in net profit to Rs. 8,509 Lakh for Q1 FY27.
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Management Signal
Management is signaling continued expansion with 6 new outlets planned in Chennai and maintaining high hedging levels for gold at 96%.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results – observe if sales momentum recovers from Q1 slowdown.
Updates on new store openings in Chennai – assess network expansion progress.
Management commentary on gold import duty and INR depreciation impact on margins.
MEDIUM RISK
QoQ decline in profits and margins, along with external factors like import duty and currency depreciation, pose challenges.
💡 Investor Takeaway
Thangamayil Jewellery's Q1 FY27 net profit increased 85% YoY to Rs. 8,509 Lakh, with total income from operations at Rs. 2,66,638 Lakh. Retail sales grew 67% YoY to Rs. 2,517 Crs. Gross profit margin decreased QoQ to 9.81%.
⚖️ Strengths & Concerns
✅ Positives
- Profit After Tax (PAT) grew by 85% YoY to Rs. 8,509 Lakh for the quarter ended June 30, 2026.
- Total sales increased by 71% YoY to Rs. 2,662 Crs, with retail sales rising 67% YoY to Rs. 2,517 Crs.
⚠️ Concerns
- Gross Profit Margin decreased to 9.81% from 17.39% QoQ, a reduction of 158 BPS for the quarter ended June 30, 2026.
- Profit After Tax (PAT) decreased by 41% QoQ to Rs. 8,509 Lakh from Rs. 14,266 Lakh in Q4 FY26.
📅 Company Track Record
Thangamayil Jewellery's Q1 FY27 net profit grew 85% YoY to Rs. 8,509 Lakh, building on a prior strong Q1 FY26 where the company reported a net profit of Rs. 4,571 Lakh. The company has a turnover of Rs. 8,500 Crores and operates 66 retail outlets.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Thangamayil Jewellery's net profit in Q1 FY27?
Thangamayil Jewellery reported a net profit of Rs. 8,509 Lakh for the quarter ended June 30, 2026 (Q1 FY27).
What was the total income from operations for Thangamayil Jewellery in Q1 FY27?
The total income from operations for Thangamayil Jewellery in Q1 FY27 was Rs. 2,66,638 Lakh.
What was the Basic Earnings Per Share (EPS) for Thangamayil Jewellery in Q1 FY27?
The Basic Earnings Per Share (EPS) for Thangamayil Jewellery in Q1 FY27 was Rs. 27.34.
How did Thangamayil Jewellery's Same Store Sales (SSS) perform in Q1 FY27?
Thangamayil Jewellery recorded a Same Store Sales (SSS) growth of 44.40% for the 3 months ended June 30, 2026 (Q1 FY27).
What was Thangamayil Jewellery's gross profit margin in Q1 FY27?
Thangamayil Jewellery's reported gross profit margin as a percentage of retail sale was 9.81% in Q1 FY27.
Questions based on this BSE filing only. For information purposes.