Thangamayil Jewellery Q1 profit up 86% YoY to ₹85 cr

Key Q1 takeaway: profit and revenue higher year-on-year

Thangamayil Jewellery reported a strong year-on-year improvement in its Q1 standalone performance, led by higher revenue and operating profit. Standalone net profit for the quarter was reported at ₹85 crore, up from ₹45.7 crore in the year-ago period. Revenue for the quarter was reported at ₹2,660 crore compared with ₹1,550 crore a year earlier. EBITDA rose to ₹140 crore from ₹84.4 crore over the same period. The EBITDA margin eased slightly to 5.3% from 5.4%, indicating that profitability expanded largely on the back of scale rather than margin gains. The update keeps the stock in focus ahead of the company’s scheduled board review.

Board meeting on July 29 to review Q1 financials

The company has announced that its board will convene on July 29 to review the company’s financial results for the first quarter (Q1). Such board meetings are the formal step where results are taken on record and disclosures are finalised. This date becomes important for investors tracking official filings and any accompanying commentary. The announcement does not, by itself, indicate any change in operations, but it sets the timeline for the company’s final review of the quarter. For market participants, the meeting date is also relevant because trading activity often increases around result-related disclosures.

Headline numbers: revenue, EBITDA, margin, and profit

The headline performance points to a quarter of higher throughput and higher earnings. Revenue was reported at ₹2,660 crore versus ₹1,550 crore year-on-year. EBITDA was reported at ₹140 crore versus ₹84.4 crore in the comparable quarter. EBITDA margin stood at 5.3% compared with 5.4% a year earlier, showing a marginal contraction. Standalone net profit was reported at ₹85 crore compared with ₹45.7 crore in the year-ago quarter, translating into an 86% year-on-year increase as stated in the update. These numbers together suggest that profitability rose meaningfully even as margin stayed broadly stable.

Snapshot table: Q1 headline metrics (normalised to ₹ crore)

Quarterly financial series available in the dataset

Separate quarterly data (stated as “All Figures in Cr.”) provides a five-quarter view from Mar 2025 to Mar 2026. Net sales were listed at ₹1,380.73 crore (Mar 2025), ₹1,557.86 crore (Jun 2025), ₹1,710.90 crore (Sep 2025), ₹2,405.82 crore (Dec 2025), and ₹2,839.17 crore (Mar 2026). Operating profit over the same period was ₹57.37 crore, ₹86.97 crore, ₹105.65 crore, ₹172.11 crore, and ₹214.40 crore, respectively. Profit after tax in this series was ₹31.40 crore (Mar 2025), ₹45.71 crore (Jun 2025), ₹58.51 crore (Sep 2025), ₹104.78 crore (Dec 2025), and ₹142.66 crore (Mar 2026). Adjusted EPS in the series rose from ₹10.10 (Mar 2025) to ₹45.90 (Mar 2026). The series also shows interest cost and depreciation increasing over time, alongside the growth in scale.

Another Q1 comparison set: QoQ and YoY metrics for Jun 2025

A separate “Quarterly - Thangamayil Jewellery Q1 Results” table for the period Jun 2025 lists total revenue at ₹1,555.32 crore, compared with ₹2,838.21 crore in Mar 2026 and ₹1,220.33 crore in Jun 2024. In this table, net income for Jun 2025 is shown at ₹45.71 crore versus ₹56.56 crore in Jun 2024, and operating income at ₹77.61 crore versus ₹102.64 crore in Jun 2024. The same table also lists operating expenses, depreciation and selling, general and admin costs for the quarter. Investors should note that the dataset contains multiple reported presentations of quarterly information. The numbers above are reproduced as provided, without reconciliation across tables.

FY26 and Q4 context: strong growth reported in the period

The dataset also includes a broader performance snapshot for FY26 and Q4. FY26 net profit was reported as ₹351.65 crore (₹35,165 lakhs), supported by a 73% increase in retail sales to ₹8,159 crore and an EBITDA margin of 7.07%. For Q4 FY26, total income from operations was listed at ₹2,839.17 crore (2,83,917 lakhs), up from ₹1,380.73 crore (1,38,073 lakhs) in Q4 FY25. Q4 FY26 EBITDA was reported at ₹214 crore with an EBITDA margin of 7.84%, compared with 4.33% in Q4 FY25. Standalone net profit for Q4 FY26 was listed at ₹142.66 crore (₹14,266 lakhs) versus ₹31.40 crore (₹3,140 lakhs) in Q4 FY25. The gross profit margin on retail sales in Q4 improved to 11.39% from 9.57% year-on-year, as stated.

Festival-led demand datapoint: Akshaya Tritiya update

The dataset includes a specific event datapoint around Akshaya Tritiya (celebrated on April 19). On that occasion, TMJL reported revenues of ₹279 crore, representing a 76% increase over last year. The update also mentions that, apart from the increase in gold prices, the company posted healthy volume growth of 15%. Such festival periods can materially influence jewellery sales, especially in key retail markets. While the datapoint is not presented as a quarterly figure, it offers context on demand conditions discussed alongside the company’s performance.

Stock and company information disclosed with the update

The dataset includes a “current share price” reference for Thangamayil Jeweller at ₹5,447.7. Another line shows 5,460.00 with a change of +78.25 (1.45%). The data also mentions that Thangamayil shares closed at ₹3,616.50 on May 13, 2026 (NSE), indicating that the dataset spans multiple dates and market snapshots. The company address is listed as No.124, Nethaji Road, Madurai, Tamil Nadu, 625001. These disclosures are typically included in market pages and result summaries, and are helpful for basic company identification rather than financial interpretation.

Market impact: what the numbers indicate, based on disclosed data

A year-on-year rise in revenue and EBITDA, alongside a marginally lower EBITDA margin, points to growth driven primarily by higher sales volumes and/or higher realizations. The move in profit from ₹45.7 crore to ₹85 crore in the headline Q1 snapshot indicates meaningful operating leverage and/or better cost absorption. At the same time, the margin change from 5.4% to 5.3% shows that profitability per rupee of sales was broadly stable rather than expanding sharply. The Q4 and FY26 figures included in the dataset show a period of strong growth in scale and profitability, including an expanded EBITDA margin in Q4. For investors, the July 29 board meeting is the immediate checkpoint for any additional disclosures that accompany the quarter’s review.

Conclusion: Q1 growth in focus ahead of July 29 review

Thangamayil Jewellery’s Q1 update points to strong year-on-year growth in standalone net profit, revenue and EBITDA, with EBITDA margin nearly flat. The dataset also provides broader context through a multi-quarter series and audited Q4 and FY26 figures that indicate a sharp increase in scale over recent quarters. The company’s board meeting scheduled for July 29 remains the next confirmed event, when the quarter’s results are set to be reviewed and taken on record.