The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Thangamayil Jewellery Limited is an India-based company that is primarily involved in the manufacturing and sale of jewelry and other accessories and products. The Company is engaged in the business of gold, diamond, platinum, and silver jewelry and articles. It offers a…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, trading cheap versus its own history.
Thangamayil Jewellery is scored on the consumer / fmcg framework. It keeps a slim 4.1% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.92×). Free cash flow is worth about 1.2% of its market value.
Over the last 3 years revenue compounded at 39%/yr and profit at 64%/yr. Book value itself has compounded 54%/yr — the hallmark of a genuine compounder. Return on equity is an elite 26.0%. In the latest quarter profit fell 40% versus the prior quarter.
At 37× earnings, the stock sits at the 18th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~16%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 32.92 | 88.84 | better |
| P/B | 8.57 | 3.19 | worse |
| EV/EBITDA | 22.69 | — | — |
| ROE | 26.04 | 9.75 | better |
| ROCE | 19.88 | 11.92 | better |
| ROA | 8.52 | 15.69 | worse |
| Quick Ratio | 0.24 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Titan Company | 63.0 | 24.3 | 38.5% |
| Kalyan Jewellers | 42.5 | 9.7 | 21.4% |
| Lalithaa Jewellery MART L | 20.7 | 5.1 | 34.5% |
Revenue has grown every year across all 4 financial years shown. 39% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Profit is growing faster than revenue (64% vs 39%) — margin expansion is at work. The latest year saw a +196% swing — check if it's a one-off or structural.
Operating margin has expanded from 3% to 6% — the business is keeping more of each rupee earned.
ROE at 25% — the business earns well above its cost of equity. High ROE despite single-digit margins — an asset-turn play with high capital velocity.
Profit grew faster than EPS (64% vs 57%) — share dilution is eroding per-share value. 57% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 6% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (40% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 34% above earlier ones.
Profit fell 40% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 61.6% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.