19 Tweets 2 reads Nov 27, 2024
👉 Regional Jewellery Companies Which Has Massive Presence in There States 🔥✚
⭐ Thangamayil Jewellery vs Senco Gold
👉 A Detailed Comparison 👇
#StockMarketIndia #Stockmarkets #stocks #investing #StocksInFocus #jewelry #GOLD #jewelry
👉Senco Gold
Senco Gold Limited is a Pan-India jewelry retailer and is the largest organized jewelry retail player in the Eastern region of India based on the number of stores x.com
👉 Thangamayil Jewellery Ltd
Thangamayil Jewellery operates a chain of retail jewellery stores across several districts in Tamil Nadu, a state that have the largest share (40%) of India's total gold consumption. x.com
👉Strategic Initiatives senco gold
⚡Launched new collections, including a wedding collection and men's jewellery, with brand ambassadors Vidya Balan, Kiara Advani, and Kartik Aaryan targeting younger demographics.
⚡Focused on expanding Sennes brand with new product lines
👉 Growth Opportunities Thangamayil Jewellers
⚡Store Expansion: The company has a strong focus on expanding its retail presence across India, particularly in tier-2 and tier-3 cities.
⚡Product Diversification: While gold jewelry is their core business
👉Financials and Margins senco gold
⚡Consolidated revenue for H1 grew by 18.5% to INR 2,904 crore, with EBITDA improving by 50% to INR 160.7 crore and PAT increasing by 60% to INR 63.4 crore.
⚡Gross margins for H1 were around 14.7%,
👉 Financials overview Thangamayil Jewellery
⭐ Revenue (in cr)
⚡Mar 2024: 983
⚡Jun 2024: 1,222
⚡Sep 2024: 1,181
⭐PAT(in cr)
⚡Mar 2024: 28
⚡Jun 2024: 57
⚡Sep 2024: -17
👉Future Outlook senco gold
⚡Management is optimistic about achieving 18% growth year-on-year for FY25, with a focus on controlling costs and enhancing diamond sales.
⚡Anticipated growth in both gold and diamond segments, driven by upcoming wedding seasons
👉Future Outlook Thangamayil Jewellery
⚡Strong Financial Performance: TMJL has consistently shown strong financial performance with increasing revenue and profitability.
⚡Market Leadership: The company is a leading player in the industry, with a strong brand reputation
👉Festive Season Sales senco gold
Achieved record sales of over INR 1,000 crore in October during the festive season, marking the best-ever month in the company's history.
👉Challenges senco gold
⚡Management acknowledged competitive pressures from unorganized players, especially during periods of price volatility.
⚡Emphasis on creating unique value propositions through design and service to maintain market position.
👉 Challenges Thangamayil Jewellery
⚡Unhedged Inventory: A significant portion of the company's gold inventory remains unhedged, making it vulnerable to fluctuations in gold prices
👉 Shareholding Pattern senco gold
⚡Promoter holding: 67.5 %
⚡Change in Prom Hold: -0.98 %
⚡FII holding: 8.58 %
⚡Chg in FII Hold: 0.86 %
⚡DII holding: 9.58 %
⚡Chg in DII Hold: -0.88 %
⚡Public holding: 14.4 % x.com
👉 Shareholding Pattern Thangamayil Jewellery
⚡Promoter holding: 61.3 %
⚡Change in Prom Hold: -6.05 %
⚡FII holding: 4.52 %
⚡Chg in FII Hold: 3.44 %
⚡DII holding: 12.8 %
⚡Chg in DII Hold: 0.69 %
⚡Public holding: 21.4 % x.com
👉Key Metrics senco gold
⚡Market Cap: ₹ 8,893 Cr.
⚡Current Price: ₹ 1,144
⚡Stock P/E: 40.7
⚡ROCE: 13.8 %
⚡ROE: 16.3 %
⚡Debt to equity: 1.31
⚡Profit Var 3Yrs: 45.3 %
⚡Sales growth 3Years: 25.3 % x.com
👉Key metrics Thangamayil Jewellery
⚡Market Cap: ₹ 5,438 Cr.
⚡Current Price: ₹ 1,981
⚡Stock P/E: 57.0
⚡ROCE: 20.3 %
⚡ROE: 28.0 %
⚡Debt to equity: 1.55
⚡Profit Var 3Yrs: 12.5 %
⚡Sales growth 3Years: 28.1 % x.com
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The content in this post is only for educational purpose and not investment advice. Please consult your financial advisors before investing.

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