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Thangamayil Is Poised To Drive Up Return Ratios Significantly Over The Next Few Years

Thangamayil Is Poised To Drive Up Return Ratios Significantly Over The Next Few Years Thangamayil (TJL) is one of the leading tier-2 and 3 town-focused jewellers in Tamil Nadu. The past decade has been a roller coaster ride for TJL as it went from nearly doubling revenue/tripling profits every alternate year over FY08-13 to being …

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Buy Thangamayil; Target Of Rs 625: HDFC Securities

Buy Thangamayil; Target Of Rs 625: HDFC Securities HDFC Securities’ research report on Thangamayil Gold jewellery/Silver product volumes declined 9/2% YoY respectively. Despite the top-line disappointment, TJL managed to more than salvage margins led by better product mix. Gross/EBITDA margins expanded 110bp each to 9.7/5.7%. EBITDA/APAT grew by 11/8% (in-line). Reference: 1. Money Control news dated Aug …

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Dindigul Branch

Pollachi Branch Pollachi district, located in the southern state of Tamil Nadu, India, is known for its rich cultural heritage, natural beauty, and agricultural significance. Pollachi was known as Pozhil Vaitchi in Tamil which means “gifted with beauty” and later became Pollachi.  Pollachi is often referred to as the “Coconut City” or the “Land of …

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Ramanathapuram Branch

Ramnad Branch Thangamayil Jewellery bring to fruition its branch @ Ramanad on March 13, 2009. Thangamayil Jewellery relaunches its showroom at Ramnad on 09th April, 2017. This branch was earlier inaugurated on March 13, 2009. In 1910, Ramanathapuram was constituted by clubbing portions from Madurai and Tirunelveli districts. During the British regime this district was …

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Karaikudi Branch

Karaikudi Branch Thangamayil Jewellers brings forward its relaunched branch on 06th January, 2016 at Karaikudi which was earlier inaugurated on September 11, 2008. Karaikudi is the largest town in Chettinad region of Sivagangai district in the Indian state of Tamilnadu. The name Karaikudi originated from the plant’s name karai that abounds in the area, and …

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Rajapalayam Branch

Rajapalayam Branch Thangamayil Jewellery grandly relaunched its relocated Rajapalayam showroom on March 11, 2018, which was inaugurated a decade ago. Rajapalayam is a town and a special grade municipality in Virudhunagar district in Tamil Nadu. It is located 85 km southwest of Madurai in the state of Tamil Nadu. The prime attraction is Ayyanar Falls. …

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Madurai Branch

Madurai, Nethaji Road Branch Our flagship store is located at Nethaji Road, Madurai. It also happens to be our first showroom which was inaugurated on Jun. 1, 2001. It is spread across 12,000 square feet. This showroom stands as an eloquent testimony to the growth of the company and its track record over the years. …

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