Thangamayil Jewellery Limited
Thangamayil Jewellery Limited operates a chain of retail jewelry stores in India. The company offers gold, diamond, silver, precious stones, and platinum jewelries, as well as silver articles and gold coins. It also involved in the manufacture and sale of jewelry, and other accessories and products. In addition, the company offers gold saving schemes. It provides its products through online. Than… Read more
Thangamayil Jewellery Limited (THANGAMAYL) - Net Assets
Latest net assets as of September 2025: ₹11.67 Billion INR
Based on the latest financial reports, Thangamayil Jewellery Limited (THANGAMAYL) has net assets worth ₹11.67 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹32.48 Billion) and total liabilities (₹20.80 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹11.67 Billion |
| % of Total Assets | 35.94% |
| Annual Growth Rate | 23.89% |
| 5-Year Change | 270.02% |
| 10-Year Change | 701.46% |
| Growth Volatility | 38.25 |
Thangamayil Jewellery Limited - Net Assets Trend (2008–2025)
This chart illustrates how Thangamayil Jewellery Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Thangamayil Jewellery Limited (2008–2025)
The table below shows the annual net assets of Thangamayil Jewellery Limited from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹11.02 Billion | +123.52% |
| 2024-03-31 | ₹4.93 Billion | +26.85% |
| 2023-03-31 | ₹3.89 Billion | +19.90% |
| 2022-03-31 | ₹3.24 Billion | +8.84% |
| 2021-03-31 | ₹2.98 Billion | +35.32% |
| 2020-03-31 | ₹2.20 Billion | +13.96% |
| 2019-03-31 | ₹1.93 Billion | +14.50% |
| 2018-03-31 | ₹1.69 Billion | +11.37% |
| 2017-03-31 | ₹1.51 Billion | +10.14% |
| 2016-03-31 | ₹1.38 Billion | +6.90% |
| 2015-03-31 | ₹1.29 Billion | -16.23% |
| 2014-03-31 | ₹1.54 Billion | -8.45% |
| 2013-03-31 | ₹1.68 Billion | +14.83% |
| 2012-03-31 | ₹1.46 Billion | +48.77% |
| 2011-03-31 | ₹982.12 Million | +31.17% |
| 2010-03-31 | ₹748.73 Million | +126.77% |
| 2009-03-31 | ₹330.17 Million | +14.29% |
| 2008-03-31 | ₹288.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thangamayil Jewellery Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 473220000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹4.73 Billion | 42.93% |
| Common Stock | ₹310.80 Million | 2.82% |
| Other Comprehensive Income | ₹759.10 Million | 6.89% |
| Other Components | ₹5.22 Billion | 47.37% |
| Total Equity | ₹11.02 Billion | 100.00% |
Thangamayil Jewellery Limited Competitors by Market Cap
The table below lists competitors of Thangamayil Jewellery Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xian Peri Power Semiconductor Cond
SHE:300831
|
$457.81 Million |
|
Supply Network Ltd
AU:SNL
|
$457.82 Million |
|
Beijing Abt Networks Co Ltd
SHG:688168
|
$457.98 Million |
|
Toyo Tanso Co. Ltd
F:T9T
|
$458.00 Million |
|
FERRETTI S.P.A. O.N.
F:F3T1
|
$457.57 Million |
|
Silex Systems Limited
OTCQX:SILXF
|
$457.36 Million |
|
Zhejiang Noblelift Equip
SHG:603611
|
$457.30 Million |
|
BALLYS CORP. DL-01
F:358
|
$457.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thangamayil Jewellery Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,931,800,000 to 11,023,500,000, a change of 6,091,700,000 (123.5%).
- Net income of 1,187,100,000 contributed positively to equity growth.
- Dividend payments of 164,600,000 reduced retained earnings.
- Share repurchases of 5,100,000,000 reduced equity.
- New share issuances of 5,100,000,000 increased equity.
- Other comprehensive income increased equity by 110,600,000.
- Other factors increased equity by 4,958,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.19 Billion | +10.77% |
| Dividends Paid | ₹164.60 Million | -1.49% |
| Share Repurchases | ₹5.10 Billion | -46.26% |
| Share Issuances | ₹5.10 Billion | +46.26% |
| Other Comprehensive Income | ₹110.60 Million | +1.0% |
| Other Changes | ₹4.96 Billion | +44.98% |
| Total Change | ₹- | 123.52% |
Book Value vs Market Value Analysis
This analysis compares Thangamayil Jewellery Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.96x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 332.01x to 8.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | ₹10.53 | ₹3495.00 | x |
| 2009-03-31 | ₹12.03 | ₹3495.00 | x |
| 2010-03-31 | ₹27.28 | ₹3495.00 | x |
| 2011-03-31 | ₹35.79 | ₹3495.00 | x |
| 2012-03-31 | ₹53.24 | ₹3495.00 | x |
| 2013-03-31 | ₹61.13 | ₹3495.00 | x |
| 2014-03-31 | ₹55.97 | ₹3495.00 | x |
| 2015-03-31 | ₹46.88 | ₹3495.00 | x |
| 2016-03-31 | ₹50.12 | ₹3495.00 | x |
| 2017-03-31 | ₹55.20 | ₹3495.00 | x |
| 2018-03-31 | ₹61.48 | ₹3495.00 | x |
| 2019-03-31 | ₹70.39 | ₹3495.00 | x |
| 2020-03-31 | ₹80.22 | ₹3495.00 | x |
| 2021-03-31 | ₹108.55 | ₹3495.00 | x |
| 2022-03-31 | ₹118.15 | ₹3495.00 | x |
| 2023-03-31 | ₹141.67 | ₹3495.00 | x |
| 2024-03-31 | ₹179.74 | ₹3495.00 | x |
| 2025-03-31 | ₹390.02 | ₹3495.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thangamayil Jewellery Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.42%
- • Asset Turnover: 1.92x
- • Equity Multiplier: 2.32x
- Recent ROE (10.77%) is below the historical average (16.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 23.75% | 3.06% | 4.15x | 1.87x | ₹39.72 Million |
| 2009 | 26.88% | 3.60% | 2.85x | 2.63x | ₹55.74 Million |
| 2010 | 21.48% | 3.57% | 2.89x | 2.08x | ₹85.98 Million |
| 2011 | 31.90% | 4.76% | 2.56x | 2.62x | ₹215.11 Million |
| 2012 | 40.42% | 5.22% | 2.40x | 3.23x | ₹444.49 Million |
| 2013 | 17.66% | 1.95% | 2.56x | 3.55x | ₹128.57 Million |
| 2014 | -8.18% | -1.06% | 2.49x | 3.12x | ₹-279.29 Million |
| 2015 | -17.32% | -1.57% | 3.43x | 3.22x | ₹-351.47 Million |
| 2016 | 7.66% | 0.83% | 3.17x | 2.92x | ₹-32.23 Million |
| 2017 | 9.21% | 1.08% | 2.95x | 2.90x | ₹-11.97 Million |
| 2018 | 13.56% | 1.66% | 2.26x | 3.62x | ₹60.00 Million |
| 2019 | 15.66% | 2.10% | 2.21x | 3.38x | ₹109.37 Million |
| 2020 | 20.74% | 2.70% | 2.37x | 3.25x | ₹236.41 Million |
| 2021 | 29.06% | 4.76% | 2.35x | 2.60x | ₹567.93 Million |
| 2022 | 11.89% | 1.76% | 2.42x | 2.79x | ₹61.24 Million |
| 2023 | 20.51% | 2.53% | 2.53x | 3.21x | ₹408.61 Million |
| 2024 | 24.99% | 3.22% | 2.58x | 3.00x | ₹739.22 Million |
| 2025 | 10.77% | 2.42% | 1.92x | 2.32x | ₹84.75 Million |
Industry Comparison
This section compares Thangamayil Jewellery Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $3,119,923,945
- Average return on equity (ROE) among peers: 12.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thangamayil Jewellery Limited (THANGAMAYL) | ₹11.67 Billion | 23.75% | 1.78x | $457.79 Million |
| D. P. Abhushan Limited (DPABHUSHAN) | $970.79 Million | 28.23% | 3.07x | $55.26 Million |
| Ethos Limited (ETHOSLTD) | $515.18 Million | 0.29% | 2.67x | $288.97 Million |
| Goenka Diamond and Jewels Limited (GOENKA) | $2.64 Billion | -6.02% | 2.09x | $1.18 Million |
| Goldiam International Limited (GOLDIAM) | $2.55 Billion | 6.69% | 0.63x | $146.11 Million |
| Kalyan Jewellers India Limited (KALYANKJIL) | $21.58 Billion | 6.63% | 2.81x | $1.62 Billion |
| Kanani Industries Limited (KANANIIND) | $171.10 Million | 48.65% | 1.77x | $1.81 Million |
| KDDL Limited (KDDL) | $1.62 Billion | 10.59% | 1.66x | $125.89 Million |
| Laxmi Goldorna House Ltd (LGHL) | $314.55 Million | 0.40% | 2.56x | $37.95 Million |
| Lypsa Gems & Jewellery Limited (LYPSAGEMS) | $267.48 Million | 15.22% | 5.40x | $968.81K |
| Moksh Ornaments Limited (MOKSH) | $572.50 Million | 10.92% | 0.87x | $12.89 Million |