Thangamayil Jewellery Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company reported a substantial 55% increase in revenue for the first half of FY27, reaching Rs. 5,043 crore. Earnings per share (EPS) also saw a significant jump of 39%. The board also approved the appointment of two additional directors.
Thangamayil Jewellery Announces Strong H1 FY27 Performance
Thangamayil Jewellery Limited (TMJL) announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company showcased robust performance across key financial metrics, highlighting significant year-over-year growth.
Financial Highlights
Half-Year Ended September 30, 2026
For the first half of the fiscal year 2026-27 (H1 FY27), Thangamayil Jewellery reported a revenue of Rs. 5,043 crore, marking a substantial 55% increase compared to Rs. 3,260 crore in the corresponding period of the previous year (H1 FY26). The Earnings Per Share (EPS) also demonstrated strong growth, rising by 39% to Rs. 46.51 from Rs. 33.53.
Quarter Ended September 30, 2026 (Q2 FY27)
In the second quarter of FY27, the company’s revenue stood at Rs. 2,381 crore, showing a significant 40% increase from Rs. 1,705 crore in Q2 FY26. The reported EBITDA for the quarter grew by 8% to Rs. 114 crore.
Operational Performance
The company also highlighted positive operational trends. Same Store Sales (SSS) growth for the six months ended September 30, 2026, was at a strong 35.93%, compared to 10.31% in the first half of FY25-26. Inventory turnover annualized was reported at 3.03 times for H1 FY27, up from 2.84 times in H1 FY26. The company maintained a strong liquidity position with Rs. 749 crore as of November 3, 2026.
Board Appointments
In addition to the financial results, the Board of Directors approved the appointment of two new directors. Mr. B. Rajesh Kanna was appointed as an Additional Director in the capacity of Whole-Time Director (Executive Category), and Mr. K. Thiagarajan was appointed as an Additional Director in the capacity of Independent Director (Non-Executive Category). Both appointments are subject to shareholder approval.
Source: BSE
