Thangamayil Jewellery reported strong Q3 2026 results, with revenue increasing by 112% year-over-year to ₹2,401 Crs. Profit After Tax (PAT) also saw significant growth, up 119% to ₹105 Crs. The company’s Earnings Per Share (EPS) stood at ₹33.71. The business continues to see strong performance in gold, silver and diamond sales, driven by effective hedging strategies and expanding operations.
Financial Performance
Thangamayil Jewellery announced its unaudited financial results for Q3 2026, demonstrating substantial growth compared to the same period last year. Key highlights include:
- Total Income from Operations: ₹2,401.21 Cr (up 112% year-over-year)
- Profit Before Tax: ₹143.14 Cr
- Profit After Tax (PAT): ₹105 Cr, a significant increase of 119%
- Basic and Diluted EPS: ₹33.71
Nine-Month Performance Highlights
The company’s performance over the nine months ending December 31, 2025, also reflects strong growth:
- Total Income from Operations: ₹5,661.13 Cr, a 60% increase year-over-year
- Profit After Tax: ₹209 Crs, up 140%
Volume Growth
The company experienced strong volume growth across its key product categories:
- Gold (in Kgs): 4,742 (up 9%)
- Silver (in Kgs): 18,430 (up 24%)
- Diamond (Cts): 12,929 (up 28%)
Strategic Decisions
In response to volatile gold and silver prices, Thangamayil has maintained a strategy focused on risk mitigation:
- Almost full hedging on gold inventories
- One-third hedging on silver inventories
The company has temporarily deferred opening additional metro-based retail outlets due to high precious metal prices but is continuing with civil and interior work at identified locations.
Other Key Points
- The company’s liquidity remains strong, with approximately ₹311 Crs available.
Source: BSE
