Thangamayil Jewellery Limited Net Assets

Latest as of March 2026: Rs14.16 Billion INR ≈ $153.14 Million USD

Thangamayil Jewellery Limited net assets. Based on the latest financial reports, Thangamayil Jewellery Limited (THANGAMAYL) has net assets worth Rs14.16 Billion INR (≈ $153.14 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs38.20 Billion ≈ $413.17 Million USD) and total liabilities (Rs24.04 Billion ≈ $260.03 Million USD). 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. Also explore Thangamayil Jewellery Limited annual equity growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs14.16 Billion
% of Total Assets	37.06%
Annual Growth Rate	24.14%
5-Year Change	336.68%
10-Year Change	834.68%
Growth Volatility	37.17

Net Assets of Thangamayil Jewellery Limited (2008–2026)

Net assets of Thangamayil Jewellery Limited from 2008 to 2026. This chart illustrates how Thangamayil Jewellery Limited's net assets have evolved over time, based on quarterly financial data. See Thangamayil Jewellery Limited (THANGAMAYL) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Thangamayil Jewellery Limited (2008–2026)

The table below shows the annual net assets of Thangamayil Jewellery Limited from 2008 to 2026. For live market cap and overall valuation, see Thangamayil Jewellery Limited (THANGAMAYL) market capitalisation.

Year	Net Assets	Change
2026-03-31	Rs14.16 Billion ≈ $153.14 Million	+28.45%
2025-03-31	Rs11.02 Billion ≈ $119.21 Million	+123.52%
2024-03-31	Rs4.93 Billion ≈ $53.34 Million	+26.85%
2023-03-31	Rs3.89 Billion ≈ $42.05 Million	+19.90%
2022-03-31	Rs3.24 Billion ≈ $35.07 Million	+8.84%
2021-03-31	Rs2.98 Billion ≈ $32.22 Million	+35.32%
2020-03-31	Rs2.20 Billion ≈ $23.81 Million	+13.96%
2019-03-31	Rs1.93 Billion ≈ $20.89 Million	+14.50%
2018-03-31	Rs1.69 Billion ≈ $18.25 Million	+11.37%
2017-03-31	Rs1.51 Billion ≈ $16.38 Million	+10.14%
2016-03-31	Rs1.38 Billion ≈ $14.87 Million	+6.90%
2015-03-31	Rs1.29 Billion ≈ $13.91 Million	-16.23%
2014-03-31	Rs1.54 Billion ≈ $16.61 Million	-8.45%
2013-03-31	Rs1.68 Billion ≈ $18.14 Million	+14.83%
2012-03-31	Rs1.46 Billion ≈ $15.80 Million	+48.77%
2011-03-31	Rs982.12 Million ≈ $10.62 Million	+31.17%
2010-03-31	Rs748.73 Million ≈ $8.10 Million	+126.77%
2009-03-31	Rs330.17 Million ≈ $3.57 Million	+14.29%
2008-03-31	Rs288.90 Million ≈ $3.12 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 750850000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Thangamayil Jewellery Limited Net Assets Breakdown (March 2026)

Thangamayil Jewellery Limited net assets breakdown by equity component as of March 2026.

Component	Amount	Percentage
Retained Earnings	Rs7.51 Billion	53.03%
Common Stock	Rs310.80 Million	2.19%
Other Comprehensive Income	Rs1.12 Billion	7.90%
Other Components	Rs5.22 Billion	36.88%
Total Equity	Rs14.16 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
Global Partners LP NYSE:GLP	$1.52 Billion
China Publishing & Media Hldg SHG:601949	$1.52 Billion
Tekfen Holding AS IS:TKFEN	$1.52 Billion
Realia MC:RLIA	$1.52 Billion
Pan Jit International Inc TW:2481	$1.52 Billion
Preformed Line Products Company NASDAQ:PLPC	$1.52 Billion
Dongguan Development Holdings Co Ltd SHE:000828	$1.52 Billion
dentalcorp Holdings Ltd TO:DNTL	$1.52 Billion

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 2025 to 2026, total equity changed from 11,023,500,000 to 14,160,000,000, a change of 3,136,500,000 (28.5%).
Net income of 3,516,500,000 contributed positively to equity growth.
Dividend payments of 388,500,000 reduced retained earnings.
Other comprehensive income increased equity by 360,100,000.
Other factors decreased equity by 351,600,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs3.52 Billion	+24.83%
Dividends Paid	Rs388.50 Million	-2.74%
Other Comprehensive Income	Rs360.10 Million	+2.54%
Other Changes	Rs-351.60 Million	-2.48%
Total Change	Rs-	28.45%

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: 9.95x
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 430.61x to 9.95x 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	Rs10.53	Rs4532.90	x
2009-03-31	Rs12.03	Rs4532.90	x
2010-03-31	Rs27.28	Rs4532.90	x
2011-03-31	Rs35.79	Rs4532.90	x
2012-03-31	Rs53.24	Rs4532.90	x
2013-03-31	Rs61.13	Rs4532.90	x
2014-03-31	Rs55.97	Rs4532.90	x
2015-03-31	Rs46.88	Rs4532.90	x
2016-03-31	Rs50.12	Rs4532.90	x
2017-03-31	Rs55.20	Rs4532.90	x
2018-03-31	Rs61.48	Rs4532.90	x
2019-03-31	Rs70.39	Rs4532.90	x
2020-03-31	Rs80.22	Rs4532.90	x
2021-03-31	Rs108.55	Rs4532.90	x
2022-03-31	Rs118.15	Rs4532.90	x
2023-03-31	Rs141.67	Rs4532.90	x
2024-03-31	Rs179.74	Rs4532.90	x
2025-03-31	Rs390.02	Rs4532.90	x
2026-03-31	Rs455.58	Rs4532.90	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): 24.83%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.14%
• Asset Turnover: 2.22x
• Equity Multiplier: 2.70x
Recent ROE (24.83%) is above the historical average (17.13%), indicating improving 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	Rs39.72 Million
2009	26.88%	3.60%	2.85x	2.63x	Rs55.74 Million
2010	21.48%	3.57%	2.89x	2.08x	Rs85.98 Million
2011	31.90%	4.76%	2.56x	2.62x	Rs215.11 Million
2012	40.42%	5.22%	2.40x	3.23x	Rs444.49 Million
2013	17.66%	1.95%	2.56x	3.55x	Rs128.57 Million
2014	-8.18%	-1.06%	2.49x	3.12x	Rs-279.29 Million
2015	-17.32%	-1.57%	3.43x	3.22x	Rs-351.47 Million
2016	7.66%	0.83%	3.17x	2.92x	Rs-32.23 Million
2017	9.22%	1.08%	2.95x	2.90x	Rs-11.75 Million
2018	13.56%	1.66%	2.26x	3.62x	Rs60.00 Million
2019	15.66%	2.10%	2.21x	3.38x	Rs109.37 Million
2020	20.74%	2.70%	2.37x	3.25x	Rs236.41 Million
2021	29.06%	4.76%	2.35x	2.60x	Rs567.93 Million
2022	11.89%	1.76%	2.42x	2.79x	Rs61.24 Million
2023	20.51%	2.53%	2.53x	3.21x	Rs408.61 Million
2024	24.99%	3.22%	2.58x	3.00x	Rs739.22 Million
2025	10.77%	2.42%	1.92x	2.32x	Rs84.75 Million
2026	24.83%	4.14%	2.22x	2.70x	Rs2.10 Billion

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: $5,426,762,625
Average return on equity (ROE) among peers: 10.75%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Thangamayil Jewellery Limited (THANGAMAYL)	Rs14.16 Billion	23.75%	1.70x	$1.52 Billion
D. P. Abhushan Limited (DPABHUSHAN)	$214.35 Million	22.78%	5.46x	$453.78 Million
Ethos Limited (ETHOSLTD)	$16.64 Billion	5.69%	0.32x	$768.06 Million
Goenka Diamond and Jewels Limited (GOENKA)	$2.34 Billion	-0.90%	2.38x	$2.81 Million
Goldiam International Limited (GOLDIAM)	$2.23 Billion	6.83%	0.58x	$473.00 Million
Kalyan Jewellers India Limited (KALYANKJIL)	$28.27 Billion	-0.22%	2.14x	$5.68 Billion
Laxmi Goldorna House Ltd (LGHL)	$314.55 Million	0.40%	2.56x	$133.87 Million
Lypsa Gems & Jewellery Limited (LYPSAGEMS)	$523.71 Million	34.16%	4.39x	$1.56 Million
Moksh Ornaments Limited (MOKSH)	$6.64 Million	19.75%	29.25x	$7.45 Million
Motisons Jewellers Ltd (MOTISONS)	$1.00 Billion	2.96%	1.50x	$156.87 Million
Manoj Vaibhav Gems 'N' Jewellers Limited (MVGJL)	$2.73 Billion	16.01%	2.30x	$95.27 Million

About Thangamayil Jewellery Limited

NSE:THANGAMAYL India Luxury Goods

Market Cap

$1.52 Billion

Rs140.89 Billion INR

Market Cap Rank

#6893 Global

#331 in India

Share Price

Rs4532.90

Change (1 day)

+0.36%

52-Week Range

Rs3025.40 - Rs7309.50

All Time High

Rs7309.50