Alerts will be sent to your verified email
Verify EmailTHANGAMAYL
Balance sheet of Thangamayil Jeweller is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Thangamayil Jeweller is increasing.
Latest debt of Thangamayil Jeweller is ₹594 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹313 Crs.
The profit is oscillating.
The profit of Thangamayil Jeweller is ₹116 Crs for TTM, ₹123 Crs for Mar 2024 and ₹79.75 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Thangamayil Jeweller latest dividend payout ratio is 22.27% and 3yr average dividend payout ratio is 26.17%
Companies resources are allocated to majorly unproductive assets like Inventory