Thangamayil Jewellery: Vanakkam Chennai! Maintain BUY
We believe Thangamayil Jewellery, a leading jewellery player in Tamil Nadu, is set to achieve 28%, 34%, and 40% revenue, EBITDA, and PAT CAGR,...
411 Views
Thangamayil Jewellery (3QFY25): Chennai Store Pre-Op Expenses Dent Profitability. Maintain BUY
TJL’s 3QFY25 performance was weaker than expectations, owing to an adverse sales mix (studied jewellery revenue stood at 8.25% of sales, compared...
397 Views
Thangamayil Jewellery: DigiGold - A Panacea for High Capital Needs. Maintain BUY
Historically, the jewellery business has been low-margin and highly capital-intensive, thereby making it difficult for jewellery companies to fund...
693 Views
Thangamayil Jewellery - DigiGold: A Panacea for High Capital Needs
Historically, the jewellery business has been low-margin and highly capital-intensive, thereby making it difficult for jewellery companies to fund...
509 Views
Thangamayil Jewellery (2QFY25): Mixed Bag—sales Disappoint, Margin Surprises
TJL’s 2QFY25 performance was a mixed bag—although the company disappointed on revenue front, margins were significantly better despite limited...
344 Views