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IndiaPulse

Thangamayil Jewellery Limited (THANGAMAYL)

Micro Cap

Consumer stocks · Micro cap · NSE

Thangamayil Jewellery Limited operates in Jewellery, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹5,332
+37.00 · +0.70%
Quote04 Sept, 03:59 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 23.3 (n=433)
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Mixed fundamentals, management trust is supportive, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
FAIR VALUE
56

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
High Trust
85

low confidence · 0/0 claims checked

Technical
Neutral
49

Timing lens: price trend and sector relative strength.

Result consistency
consistent
87

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 30 Jun 2026

Good · 67/100

Rev +71% YoY · PAT +85% YoY · operating leverage · margin compression

Filed 29 Jul 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹2,666 Cr+71.1%-6.1%
EBITDA₹145 Cr+66.7%-32.2%
Operating margin5.0%-100 bps-300 bps
PAT₹85 Cr+84.8%-40.6%
PAT margin3.2%+24 bps-185 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Thangamayil Jewellery Limited operates in Jewellery, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

49Neutral

SMA20 -11.8% / mo · MACD +

Stock trend: 52
Sector RS: 45
Sector 3M: -2.3% vs Nifty -1.5%

Technical chart

THANGAMAYLdaily · 1Y · AUTO+46.7%
Latest close ₹5332.00 on 2026-09-04
Bar
+0.7%
RSI
44
MACD hist
8.69
52W pos
62%
2026-09-04O ₹5293.50H ₹5351.50L ₹5232.00C ₹5332.00Vol 65,612 sh
₹2.90k₹4.09k₹5.28k₹6.46k₹7.65k52H5332.002026-032026-06VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Neutral

Trend is undirectional — long-term uptrend intact. RSI 44.

  • Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
  • SMA20 falling (~13.4% over last month) — short-term momentum negative.
  • RSI(14) at 44 — sideways, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 28% off 52W high · 175% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 56 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor

56U-SCORE
Premium Compounder

Fundamental score breakdown

FAIR VALUE
Valuation0/30
Growth20/25
Quality20/20
Balance Sheet7/15
Cash Flow4/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
56

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

56/100 · FAIR VALUE

Positive drivers

  • Piotroski is strong at 7/9.
  • Quality contributes 20/20 to the score.
  • Growth contributes 20/25 to the score.

Main drags

  • Fair-value margin of safety is negative at -21.3%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model

Consumer valuation: PE/PEG and brand-quality premium

Consumer franchises can deserve higher multiples, but only when growth quality supports them.

Consumer PE/PEG
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
42.2
PB
11.7
EV/EBITDA
25.6
ROE
28.1%
ROCE
25.5%
FCF Yield
0.9%
Debt/Equity
0.6
MoS
-21.3%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 05 Sept 2026
v4.3-runtime-valuation
Final score
56
Previous: 56
Verdict
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-21.3%
Previous: -21.3%

Score history

12 stored score snapshots. Latest stored move: +0 points.

05 Sept 2026
v4.3-runtime-valuation
57
55
53
56
56
56
56
56
56
56
56
56

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹1,136.14
-369.3% MoS
Growth-justified P/E
35.0
Growth-justified Value
₹4,397.06
-21.3% MoS
PEG
0.94

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
85High Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

High Trust: Claim history is still being built. It ranks around the 98th percentile of the scored universe and 99th percentile within Consumer. No major sub-score weakness stands out.

High Trust Lite: Promoter pledge is zero.

Computed 05 Sept 2026
management-trust-v1
6 docs text-extracted · 0 concalls text-extracted
Score band
High Trust

Management behaviour ranks as unusually reliable. Still verify valuation and cycle risk.

Relative rank
98th percentile

overall median 67 · Consumer: 99th pctile, median 66 · Micro: 96th pctile, median 73

Evidence depth
Financial-only

6 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

High Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
82
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
98
strong · capital discipline
Results
87
strong · quarterly consistency

Trust positives

  • Promoter pledge is zero.
  • Promoter holding increased 8%.
  • FCF yield is positive at 0.9%.
  • 7 years of positive FCF.

Trust risks

  • No major Trust Lite risk flags.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
42.20
P/B
11.69
EV/EBITDA
25.64
Market Cap
16573.00Cr

Profitability

ROE
28.10%
ROCE
25.50%
ROA
10.24%
Dividend Y
0.34%

Growth (CAGR)

Revenue 5Y
36.00%
EPS 5Y
32.00%
Revenue 3Y
39.00%
EPS 3Y
64.00%

Balance Sheet

Debt/Equity
0.64
Interest Coverage
9.10×
Altman Z
7.85
Book Value
456.00

Cash Flow

FCF Yield
0.95%
FCF Positive Y
7/5
OCF
322.00 Cr
EPS TTM
125.81

Shareholding

Promoter Hold
25.00%
Promoter Pledge
0.00%
Momentum 52W
62%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
Latest: 8,499+73.1% vs prev
08499Mar 2017: 1,299Mar 2018: 1,379Mar 2019: 1,443Mar 2020: 1,692Mar 2021: 1,819Mar 2022: 2,193Mar 2023: 3,153Mar 2024: 3,827Mar 2025: 4,911Mar 2026: 8,499FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 352+195.8% vs prev
0352.0Mar 2017: 14.0Mar 2018: 23.0Mar 2019: 30.0Mar 2020: 46.0Mar 2021: 87.0Mar 2022: 39.0Mar 2023: 80.0Mar 2024: 123Mar 2025: 119Mar 2026: 352FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 24.9+130.2% vs prev
029.2Mar 2017: 9.3%Mar 2018: 13.6%Mar 2019: 15.5%Mar 2020: 20.9%Mar 2021: 29.2%Mar 2022: 12.0%Mar 2023: 20.6%Mar 2024: 24.9%Mar 2025: 10.8%Mar 2026: 24.9%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Peers

Business-comparable names in Consumer, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.