Thanga Mayil Jewellery Limited

Jewelry retailer based in Madurai, Tamil Nadu, offering gold, silver, diamond, and platinum pieces through physical and online stores.

2000 | Madurai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Thanga Mayil Jewellery Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 27.44 Cr
  • Company Age 24 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 790.26 Cr
  • Satisfied Charges ₹ 1,127.76 Cr
  • Revenue Growth 43.79%
  • Profit Growth 106.88%
  • Ebitda 77.41%
  • Net Worth 19.91%
  • Total Assets 37.73%

About Thanga Mayil Jewellery

Thanga Mayil Jewellery Limited (TMJL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 March 2000 and has a history of 24 years and 11 months. Its registered office is in Madurai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533158 and on the National Stock Exchange(NSE) under THANGAMAYL.

The Corporate was formerly known as Thanga Mayil Jewellery Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 27.44 Cr.

The company currently has active open charges totaling ₹790.26 Cr. The company has closed loans amounting to ₹1,127.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Thanga Mayil Jewellery Limited India are Brajesh Kanna as CFO and Veera Raghavan as Company Secretary. Balusamy Ramesh, Balarama Das, Yamunavasinidevadasi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    thangamayil.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L36911TN2000PLC044514

  • Company No.

    044514

  • Stock Symbol

    BSE : 533158 NSE : THANGAMAYL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 2000

  • Date of AGM

    25 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Consumer Goods

What products or services does Thanga Mayil Jewellery Limited offer?

Thanga Mayil Jewellery Limited offers a wide range of products and services, including Fashion Earrings, Pooja Articles, Silver Pooja Articles, Tableware, Dinner Sets, Necklace, Gold Plated Necklace, Gold & Gold Jewellery, Gold Jewelry, Silver Bracelets.

Who are the key members and board of directors at Thanga Mayil Jewellery?

Executive Team (3)

NameDesignationAppointment DateStatus
Balarama Das Country flag representing In Managing Director03-May-2001Current
Brajesh Kanna Country flag representing In CFO25-May-2015Current
Veera Raghavan Company Secretary01-Nov-2007Current

Board Members (7)

NameDesignationAppointment DateStatus
Thiruppathi Karmegam Country flag representing In Director 14-Jun-2024Current
Balusamy Ramesh Country flag representing In Whole-Time Director 03-May-2001Current
Yamunavasinidevadasi Country flag representing In Director 04-Feb-2015Current
Narayanan Kumar Country flag representing In Whole-Time Director 20-Apr-2001Current
Jagatheesan Nagarathinam Country flag representing In Director 14-Jun-2024Current
Sivanandi Chandrasekaran Country flag representing In Director 14-Mar-2020Current

Financial Performance of Thanga Mayil Jewellery.

Thanga Mayil Jewellery Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.79% increase. The company also saw a substantial improvement in profitability, with a 106.88% increase in profit. The company's net worth Soared by an impressive increase of 19.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
43.79%
Revenue from Operations
43.75%
Total Assets
37.73%
Profit or Loss
106.88%
Net Worth
19.91%
EBITDA
77.41%

What is the Ownership and Shareholding Structure of Thanga Mayil Jewellery?

In 2023, Thanga Mayil Jewellery had a promoter holding of 67.16% and a public holding of 32.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹790.26 Cr

Satisfied Charges

₹1,127.76 Cr

Charges Breakdown by Lending Institutions

  • Others : 328.02 Cr
  • Axis Bank Limited : 212.96 Cr
  • Hdfc Bank Limited : 149.28 Cr
  • Yes Bank Limited : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2024Hdfc Bank Limited₹8.29 MOpen
29 Aug 2024Hdfc Bank Limited₹3.00 CrOpen
02 Mar 2024Others₹65.00 CrOpen
12 Oct 2023Others₹75.00 CrOpen
12 Jun 2023Hdfc Bank Limited₹6.50 MOpen

How Many Employees Work at Thanga Mayil Jewellery?

Thanga Mayil Jewellery has a workforce of 1811 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thanga Mayil Jewellery, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Thanga Mayil Jewellery's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Thanga Mayil Jewellery

Recent activity within the organization

  • Charges

    A charge registered on 15 Feb 2016 via Charge ID 10622643 with Idbi Bank Limited was fully satisfied on 12 Nov 2024.

    12 Nov 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.83 Cr with Charge ID 100992056 was registered on 24 Sep 2024.

    24 Sep 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 100.00 Cr registered on 09 Feb 2017 with Charge ID 100098887 was modified on 30 Aug 2024.

    30 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100992038 was registered on 29 Aug 2024.

    29 Aug 2024

  • Annual General Meeting

    Thanga Mayil Jewellery Limited last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records.

    25 Jul 2024

  • Director Appointment

    Jagatheesan Nagarathinam was appointed as a Director was appointed as a Director on 14 Jun 2024 & has been associated with this company since 8 months 9 days .

    14 Jun 2024

Frequently asked questions

  • Thanga Mayil Jewellery Limited was incorporated on 24 Mar 2000.

  • The authorized share capital of Thanga Mayil Jewellery Limited is ₹ 35.00 Cr and paid-up capital is ₹ 27.44 Cr.

  • Currently 10 directors are associated with Thanga Mayil Jewellery Limited.

    • Balusamy Ramesh
    • Balarama Govinda Das
    • Yamunavasinidevadasi
    • Narayanan Balusamy Kumar
    • Jagatheesan Nagarathinam
    • Thiruppathi Rajan Karmegam
    • Sivanandi Chandrasekaran
    • Jeevagan Rajakumari
    • BRajesh Kanna
    • Veera Raghavan Vijaya Raghavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Thanga Mayil Jewellery Limited is 124 Nethaji Road Madurai India, Madurai 625001, Tamil Nadu.

  • The corporate identification number (CIN) of Thanga Mayil Jewellery Limited is L36911TN2000PLC044514 and the company number is 044514 as per Ministry of Corporate Affairs (MCA).

  • Yes, Thanga Mayil Jewellery Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): THANGAMAYL.

  • The Official website of Thanga Mayil Jewellery Limited is https://www.thangamayil.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Thanga Mayil Jewellery Limited has risen by 43.79%.

  • As Per 2023 financial reports, 1811 employees are currently employed by Thanga Mayil Jewellery Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Thanga Mayil Jewellery Limited has experienced an upsurge of 19.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Thanga Mayil Jewellery Limited amount to ₹ 790.26 Cr.

  • The most recent Balance Sheet for Thanga Mayil Jewellery Limited was filed with the ROC on 31 Mar 2024.

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