The company delivered exceptional fourth quarter results with revenue more than doubling to ₹28.3 billion from ₹13.8 billion in the same period last year. EBITDA expanded significantly to ₹2.13 billion from ₹571 million, with EBITDA margin improving to 7.52% from 4.14% in the year-ago period. Standalone net profit surged to ₹1.4 billion compared to ₹314 million in Q4 FY25, representing a remarkable 354.33% increase. The strong quarterly performance was mirrored at the full-year level, with total income from operations reaching ₹8,51,375 lakhs for FY26 compared to ₹4,91,630 lakhs in FY25, while net profit surged to ₹35,165 lakhs from ₹11,871 lakhs.
The Board of Directors has recommended a final dividend of ₹18.00 per equity share of face value ₹10 each, translating to 180% of face value, subject to shareholder approval at the upcoming Annual General Meeting scheduled for July 29, 2026 at Madurai. The total dividend payout for FY26 amounts to ₹5,595 lakhs compared to ₹3,885 lakhs in the previous year. The company's books will remain closed from July 23, 2026 to July 29, 2026, with the record date set as July 22, 2026. The specific payment date for the dividend will be announced following shareholder approval at the AGM.
According to the company's exchange filing, Thangamayil Jewellery expanded its retail presence with 66 outlets in operation compared to 60 in the previous year. The company's same store sales growth for FY26 was 38.18% compared to 18.1% in FY25. The company also noted a paradigm shift in strategy towards lightweight jewellery and exchange gold offers to navigate escalated gold prices. The Government of India's recent increase in import duty on gold and silver from 6% to 15% is expected to result in inventory gains of approximately ₹60 crores on existing stock. The company's available liquid funds, including undrawn bank facilities, were at ₹597 crore compared to ₹424 crore in the previous year.
Shares of Thangamayil Jewellery Ltd. experienced significant volatility on Friday, May 15, following the release of their fourth quarter results. According to reports from CNBC TV18, the stock gained up to 7% post results and was trading in the red soon after. The stock hit an intraday high of ₹3,875 per share after reporting earnings, but later witnessed a sharp drop and was trading 0.5% lower at ₹3,599.6 around 1.50 pm. The stock has declined 15.4% in the past month but remains up 10.2% this year. Recent trading data shows the stock has declined 0.62% in one day and 13.92% over five days, while maintaining 78.79% gains over one month and 1,037.26% returns over one year.
