Thangamayil Jewellery Limited announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company reported a substantial 55% year-over-year growth in revenue for the half-year, reaching ₹5,043 crore. Earnings per share (EPS) also saw significant growth, standing at ₹46.51 for the half-year. The Board also approved the appointment of two new directors and reviewed the financial statements prepared under Indian Accounting Standards.
Thangamayil Jewellery Reports Strong Financial Performance
Thangamayil Jewellery Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company has demonstrated robust growth, with revenue for the half-year (HY1) reaching ₹5,043 crore, marking a 55% increase compared to ₹3,260 crore in HY1 2026. The reported Earnings Per Share (EPS) for the half-year stands at ₹46.51, an increase from ₹33.53 in the previous year.
Quarterly Performance Highlights
For the second quarter (Q2) of FY27, Thangamayil Jewellery reported total sales of ₹2,381 crore, a significant 40% increase from ₹1,705 crore in Q2 FY26. The company’s Reported Gross Profit for the quarter grew by 20% to ₹221 crore. EBITDA also saw an 8% increase year-on-year to ₹114 crore. Profit Before Tax for the quarter stood at ₹80 crore, with Profit After Tax at ₹59 crore.
Appointment of Directors
In addition to the financial results, the Board of Directors approved the appointment of two new directors. Mr. B. Rajesh Kanna (DIN: 01334048) was appointed as an Additional Director in the capacity of Whole-Time Director (Executive Category). Mr. K. Thiagarajan (DIN:03638370) was appointed as an Additional Director in the capacity of Independent Director (Non-Executive Category). Both appointments are subject to shareholder approval.
Key Financial Metrics (Half-Yearly Comparison)
- Revenue: HY1 2027 ₹5,043 crore vs. HY1 2026 ₹3,260 crore (55% increase)
- EPS: HY1 2027 ₹46.51 vs. HY1 2026 ₹33.53 (39% increase)
- Reported Gross Profit: HY1 2027 ₹468 crore vs. HY1 2026 ₹351 crore (33% increase)
- Reported EBITDA: HY1 2027 ₹259 crore vs. HY1 2026 ₹193 crore (34% increase)
- Profit Before Tax: HY1 2027 ₹194 crore vs. HY1 2026 ₹144 crore (35% increase)
- Profit After Tax: HY1 2027 ₹144 crore vs. HY1 2026 ₹104 crore (38% increase)
Operational Performance
The company also highlighted operational achievements, including a Same Store Sales (SSS) growth of 35.93% for the six months ended September 30, 2026, compared to 10.31% in the corresponding period last year. Revenue per square foot (Sq.ft) on a retail basis increased by 34% to ₹6.44 Lakhs. The company also reported a healthy Net Worth of ₹1,505.03 crore, a 29% increase year-on-year.
Source: BSE
