Thangamayil stock hits record high on Chennai expansion, doubled Q4 revenue
Thangamayil Jewellery shares jumped 18% to a record Rs 5,648.95 after the retailer announced two new Chennai branches at Neelankarai and Pallavaram opening June 2026. Q4FY26 net profit surged to Rs 143 cr from Rs 31.4 cr; revenue nearly doubled to Rs 2,839 cr. Board declared Rs 18/share dividend.
What happened
Thangamayil Jewellery stock hit record high, up 18%, after announcing two new Chennai branches at Neelankarai and Pallavaram opening June 2026. Q4FY26 net
Key facts
- +17.84% intraday
- Rs 5,648.95 high
- Rs 5,522.20 close
- +70.46% 6M
- Q4 net profit Rs 143 cr vs Rs 31.4 cr
- Q4 revenue Rs 2,839.2 cr vs Rs 1,380.5 cr
- EBITDA Rs 214 cr vs Rs 57 cr
- dividend Rs 18/share (180%)
- 2 new branches
Why this matters
Thangamayil's aggressive Chennai footprint expansion and cash-flush balance sheet position it as both a regional consolidator and a credible takeout target for national jewellery chains eyeing Tamil Nadu share.