Thangamayil Jewellery Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported robust performance with a 55% increase in revenue to ₹5,043 crore for H1 FY27, compared to ₹3,260 crore in H1 FY26. Earnings per share (EPS) also saw a substantial rise of 39%. The company also approved the appointment of two new directors.
Thangamayil Jewellery Reports Strong Financial Performance for H1 FY27
Thangamayil Jewellery Limited (TMJL) has announced its unaudited financial results for the second quarter and the first half of the financial year 2026-27, ending September 30, 2026. The company demonstrated significant year-over-year growth, with revenue for the half-year (H1 FY27) reaching ₹5,043 crore, marking a substantial increase of 55% from ₹3,260 crore in the corresponding period of the previous year (H1 FY26).
Key Financial Highlights
The company’s Earnings Per Share (EPS) also reflected strong growth, increasing by 39% to ₹46.51 for H1 FY27, up from ₹33.53 in H1 FY26. The reported Gross Profit for H1 FY27 stood at ₹468 crore, a 33% increase from ₹351 crore in H1 FY26. EBITDA also showed a healthy rise of 34% to ₹259 crore in H1 FY27.
Quarterly Performance
For the second quarter ended September 30, 2026, TMJL’s total sales grew by 40% to ₹2,381 crore compared to ₹1,705 crore in Q2 FY26. Retail sales saw a 41% increase, reaching ₹2,303 crore. Reported Gross Profit for the quarter was ₹221 crore, up 20% year-on-year.
Board Appointments
In addition to the financial results, the Board of Directors has approved the appointment of two new directors: Mr. B. Rajesh Kanna as an Additional Director in the capacity of Whole-Time Director (Executive Category), and Mr. K. Thiagarajan as an Additional Director in the capacity of Independent Director (Non-Executive Category). Both appointments are subject to shareholder approval.
Operational Insights
The company noted a 55% increase in total sales for HY1 2027. Same store sales (SSS) growth for the six months ended 30/09/26 was at 35.93%, a significant jump from 10.31% in the first half of FY 25-26. The company also highlighted strong gold hedging at 95% and silver at 49% as of September 30, 2026.
Source: BSE
