Thangamayil Jewellery Limited — Quarter and year ended March 31, 2026
| S.No. | Particulars | 31-03-2026 (Refer Note 6) | 31-12-2025 (Unaudited) | 31-03-2025 (Refer Note 6) | 31-03-2026 (Audited) | 31-03-2025 (Audited) |
|---|---|---|---|---|---|---|
| I | Income from Operations | |||||
| II | Net Sales | 283,821 | 240,121 | 138,050 | 849,933 | 491,058 |
| III | Other operating income | 96 | 462 | 23 | 1,442 | 572 |
| III | Total Income from Operations (I+II) | 283,917 | 240,582 | 138,073 | 851,375 | 491,630 |
| IV | Expenses | |||||
| (a) Cost of raw materials consumed | 263,527 | 232,753 | 175,264 | 850,744 | 527,164 | |
| (b) Changes in inventories of finished goods, work-in-progress and stock-in-trade | (10,851) | (18,239) | (49,841) | (92,701) | (79,148) | |
| (c) Employee benefit expenses | 3,514 | 3,902 | 2,754 | 14,121 | 9,340 | |
| (d) Interest and finance costs | 2,040 | 1,605 | 1,112 | 6,766 | 4,107 | |
| (e) Depreciation and amortisation expenses | 1,179 | 1,054 | 742 | 4,021 | 2,369 | |
| (f) Advertisement and Publicity Expenses | 2,738 | 1,838 | 1,855 | 9,172 | 4,539 | |
| (g) Other expenses | 3,549 | 3,117 | 2,304 | 12,127 | 7,266 | |
| Total expenses (IV) | 265,696 | 226,030 | 134,190 | 804,250 | 475,638 | |
| V | Profit/(Loss) before exceptional items and | |||||
| tax (III – IV) | 18,221 | 14,552 | 3,883 | 47,125 | 15,992 | |
| VI | Impact of Labour Codes (: Refer to Note No.4) | – | 238 | – | 238 | – |
| VII | Profit/(Loss) before tax (V – VI) | 18,221 | 14,314 | 3,883 | 46,887 | 15,992 |
| VIII | Tax expenses | |||||
| – Current Tax | 3,794 | 4,043 | 634 | 11,873 | 4,243 | |
| – Deferred Tax | 162 | (207) | 109 | (152) | (122) | |
| Total Tax Expenses (VIII) | 3,955 | 3,836 | 743 | 11,722 | 4,121 | |
| IX | Profit/(Loss) for the year (VII-VIII) | 14,266 | 10,478 | 3,140 | 35,165 | 11,871 |
| X | Other comprehensive income | |||||
| Other comprehensive income not to be reclassified | ||||||
| Re-measurements loss of the defined benefit plans | 203 | (32) | (150) | 114 | (111) | |
| Deferred tax charges | 51 | (8) | (38) | 29 | (28) | |
| Total other comprehensive income for the year | 152 | (24) | (112) | 85 | (83) | |
| XI | Total comprehensive income for the year (IX+X) | 14,418 | 10,454 | 3,028 | 35,250 | 11,788 |
| XII | Paid up equity share capital | 3,108 | 3,108 | 3,108 | 3,108 | 3,108 |
| XIII | Other Equity | 138,492 | 107,127 | |||
| XIV | Earnings per equity share of Re. 10 each | |||||
| Basic | 45.89 | 33.71 | 10.18 | 113.14 | 42.00 | |
| Diluted | 45.89 | 33.71 | 10.18 | 113.14 | 42.00 |
| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| (a) Property, Plant and Equipment | 20,505 | 15,369 |
| (b) Capital work-in-progress | 687 | 1,127 |
| (c) Intangible assets | 162 | 166 |
| (d) Right-of – Use Assets | 8,672 | 4,526 |
| (e) Financial assets | ||
| (i) Other financial assets | 61 | 43 |
| (f) Deferred Tax Assets (net) | 523 | 400 |
| (g) Other non-current assets | 2,002 | 2,163 |
| Total non-current assets (A) | 32,611 | 23,794 |
| Current assets | ||
| (a) Inventories | 2,95,363 | 1,97,857 |
| (b) Financial assets | ||
| (i) Trade receivables | 2,386 | 860 |
| (ii) Cash and cash equivalents | 12,418 | 8,856 |
| (iii) Bank balances other than (ii) above | 25,705 | 15,323 |
| (iv) Other financial assets | 263 | 242 |
| (c) Current Tax Assets (Net) | – | 439 |
| (d) Other current assets | 13,300 | 8,551 |
| Total Current Assets (B) | 3,49,435 | 2,32,128 |
| TOTAL ASSETS (A+B) | 3,82,046 | 2,55,922 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| (a) Equity share capital | 3,108 | 3,108 |
| (b) Other equity | 1,38,492 | 1,07,127 |
| Total equity (C) | 1,41,600 | 1,10,235 |
| Non-current liabilities | ||
| (a) Financial liabilities | ||
| (i) Lease Liabilities | 7,839 | 3,627 |
| (ii) Borrowings | 5,141 | 7,198 |
| Total non-current liabilities (D) | 12,980 | 10,825 |
| Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 77,416 | 67,860 |
| (ii) Trade payables | ||
| -Total outstanding dues of micro and small enterprises | 229 | 1,329 |
| -Total outstanding dues of creditors other than micro & small enterprises | 1,762 | 1,978 |
| (iii) Lease Liabilities | 925 | 1,040 |
| (iv) Other financial liabilities | 4,045 | 1,578 |
| (b) Other current liabilities | 1,42,116 | 61,076 |
| (c) Current Tax Liability (net) | 972 | – |
| Total Current Liabilities (E) | 2,27,466 | 1,34,862 |
| Total Liabilities (F = D + E) | 2,40,446 | 1,45,687 |
| TOTAL EQUITY AND LIABILITIES (G = F + C) | 3,82,046 | 2,55,922 |
| Particulars | For the Year Ended March 31, 2026 | For the Year Ended March 31, 2025 |
|---|---|---|
| Cash flow from operating activities | ||
| Net profit before tax | 46,887 | 15,992 |
| Adjustments for : | ||
| Depreciation and amortization expenses | 4,021 | 2,369 |
| Loss/(Profit) on sale of property, plant & equipment | (1) | (21) |
| Loss/(Income) on lease modification | 118 | 65 |
| Interest income | (1,212) | (511) |
| Interest expense | 6,766 | 4,107 |
| Impairment of assets | 27 | 135 |
| Operating profit before working capital changes | 56,606 | 22,137 |
| Movements in working capital: | ||
| (Increase) / Decrease in inventories | (97,506) | (78,934) |
| (Increase) / Decrease in trade receivables | (1,526) | (435) |
| (Increase) / Decrease in other financials and non financial assets | (5,128) | (6,557) |
| Increase / (Decrease) in gold on loan | 8,084 | 4,218 |
| Increase / (Decrease) in trade payable and other financial and non financial liabilities | 82,166 | 22,158 |
| Cash Generated from operations | 42,696 | (37,414) |
| Income taxes paid | (10,462) | (4,984) |
| Net cash generated from operating activities (A) | 32,234 | (42,397) |
| Cash flow from investing activities | ||
| Payment for property, plant & equipment, intangible assets including capital advances | (7,384) | (5,832) |
| Proceeds from sale of property, plant & equipment | 47 | 29 |
| Bank deposits not considered as cash and cash equivalents (net) | (10,381) | (8,501) |
| Interest received | 1,212 | 511 |
| Net cash used in investing activities (B) | (16,507) | (13,794) |
| Cash flow from financing activities | ||
| Proceeds from Issuance of Equity share capital under Rights Issue | – | 51,000 |
| Transaction cost related to Rights Issue | – | (224) |
| Proceeds / (Repayment) of borrowings | 603 | 22,290 |
| Proceeds / (Repayment) of Other borrowings | (1,163) | (2,995) |
| Repayment of Lease liabilities | (1,723) | (856) |
| Interest paid | (5,996) | (3,878) |
| Dividend paid | (3,885) | (1,646) |
| Net cash (used)/generated in financing activities (C) | (12,165) | 63,690 |
| Net increase in cash and cash equivalents (A+B+C) | 3,562 | 7,499 |
| Cash and cash equivalents – opening balances | 8,856 | 1,358 |
| Cash and cash equivalents at the end of the year | 12,418 | 8,856 |
| Components of cash and cash equivalents | ||
| Cash on hand | 2,411 | 1,845 |
| Balance with banks | – | – |
| On current account | 10,007 | 7,012 |
| Total cash and cash equivalents | 12,418 | 8,856 |
| Particulars | Unit | Q4 2026 | Q4 2025 | Increase/ (Decrease) |
|---|---|---|---|---|
| Total Sales | ₹ in Crs | 2,838 | 1,381 | 106% |
| Less: Wholesale | ₹ in Crs | 108 | 65 | 66% |
| Retail Sales | ₹ in Crs | 2,730 | 1,316 | 107% |
| Gold Jewellery | ₹ in Crs | 2,503 | 1,222 | 105% |
| Non gold (Silver, Diamonds, other products etc) | ₹ in Crs | 227 | 94 | 141% |
| Non gold sale as % of retail Sale | In % | 8.32% | 7.14% | 118 bps |
| Gross Profit | ₹ in Crs | 311 | 126 | 147% |
| Gross Profit Margin as % of retail sale | In % | 11.39% | 9.57% | 182 bps |
| EBITDA | ₹ in Crs | 214 | 57 | 275% |
| EBITDA as % of retail sale | In % | 7.84% | 4.33% | 351 bps |
| Particulars | Unit | Current Period | Previous Period | Change |
|---|---|---|---|---|
| Profit Before tax | ₹ in Crs | 182 | 39 | 367% |
| Profit After Tax | ₹ in Crs | 143 | 31 | 361% |
| Volume Gold Ornament | In Kgs | 1,812 | 1,477 | 23% |
| Volume Silver Products | In Kgs | 4,918 | 4,392 | 12% |
| Volume Diamonds Products | In Carat | 4,994 | 3,461 | 44% |
| Inventory Turnover (Annualized) | In times | 3.45 | 3.17 | 9% |
| Interest Cover | In times | 10.63 | 5.16 | 106% |
| Particulars | Unit | Q4 2026 | Q3 2026 | Increase / (Decrease) |
|---|---|---|---|---|
| Total Sales | ₹ in Crs | 2,838 | 2,401 | 18% |
| Less: Wholesale | ₹ in Crs | 108 | 113 | (4%) |
| Retail Sales | ₹ in Crs | 2,730 | 2,288 | 19% |
| Gold Jewellery | ₹ in Crs | 2,503 | 2,087 | 20% |
| Non gold (Silver, Diamonds, other products etc) | ₹ in Crs | 227 | 201 | 13% |
| Non gold sale as % of retail Sale | In % | 8.32% | 8.78% | (46 bps) |
| Gross Profit | ₹ in Crs | 311 | 256 | 21% |