THANGAMAYL
Thangamayil Jewellery Limited
Each stock's 10,000-path forecast, rendered as light.
Thangamayil Jewellery Limited (THANGAMAYL) Stock Analysis & Case Study
Is THANGAMAYL a good buy? The data-driven verdict.
Thangamayil Jewellery Limited (THANGAMAYL) trades at ₹5,275,on the numbers it mixed signals, a Downstox Snapshot Score of 47/100.
On the numbers, Thangamayil Jewellery Limited (THANGAMAYL) mixed signals, a Downstox Snapshot Score of 47/100, weighing expensive at 41.8× earnings, ROE of 28.1%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
THANGAMAYL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How THANGAMAYL ranks against the 2,373 companies in our screener
- THANGAMAYL's market cap of 16,396 Cr ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- THANGAMAYL's book value of ₹456 ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- THANGAMAYL's promoter holding of 61.6% ranks in the 55th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- THANGAMAYL's 3-year profit (PAT) growth of 64.0% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- THANGAMAYL's 3-year revenue growth of 39.0% ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- THANGAMAYL's debt-to-equity ratio of 0.64x is lower than 28% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is THANGAMAYL overvalued? THANGAMAYL P/E vs peers
THANGAMAYL trades at 41.8× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
THANGAMAYL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of THANGAMAYL history (37%/yr drift, 55%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| THANGAMAYL 2027 | ₹2,620 | ₹5,241 | ₹10,484 | -1% |
| THANGAMAYL 2028 | ₹1,918 | ₹5,207 | ₹14,141 | -1% |
| THANGAMAYL 2029 | ₹1,533 | ₹5,174 | ₹17,457 | -2% |
| THANGAMAYL 2030 | ₹1,276 | ₹5,141 | ₹20,711 | -3% |
| THANGAMAYL 2031 | ₹1,060 | ₹5,108 | ₹24,614 | -3% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability THANGAMAYL goes up, or doubles?
The bull case for THANGAMAYL
- THANGAMAYL's return on equity of 28.1% ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- THANGAMAYL's return on capital employed of 25.5% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹17,457.
The bear case & risks
- THANGAMAYL's P/E of 41.8x is lower than 32% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 11.6× price-to-book means most of the value is intangible/expectations, not assets on the books.
- High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1,533.
THANGAMAYL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years THANGAMAYL compounded at 37%/year with annualized volatility of 55%. That volatility implies a 1-year 80% range of ₹2,620-₹10,484, the honest backbone behind any single price target.
THANGAMAYL price forecast, the full 60-month probability fan
THANGAMAYL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds THANGAMAYL hits common targets within the simulated horizon?
Full multi-horizon detail on the THANGAMAYL price target & forecast page.
THANGAMAYL Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. THANGAMAYL scores 6/8, mixed financial health.
THANGAMAYL MTF margin & leverage across 7 brokers
Margin Trading Facility lets you buy THANGAMAYL with part of the capital. Lower margin % = higher leverage. Rates compared across 7 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Dhan | 64.00% | 1.6× |
| Kotak Neo | 50.00% | 2.0× |
| PocketfulCHEAPEST | 40.55% | 2.5× |
| Fyers | 62.50% | 1.6× |
| Anand Rathi | 50.00% | 2.0× |
| Bajaj Broking | 64.00% | 1.6× |
| Share India | 42.05% | 2.4× |
Compare every broker on the THANGAMAYL MTF page.
About Thangamayil Jewellery Limited: sector, index & market-cap context
Thangamayil Jewellery Limited (THANGAMAYL) is a small-cap NSE-listed company, with a market capitalisation of ₹16,396 Cr. See more stocks on our screener.
How the THANGAMAYL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Thangamayil Jewellery Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
THANGAMAYL analysis, FAQs
Is Thangamayil Jewellery Limited (THANGAMAYL) a good buy?
On the numbers, Thangamayil Jewellery Limited (THANGAMAYL) mixed signals, a Downstox Snapshot Score of 47/100, weighing expensive at 41.8× earnings, ROE of 28.1%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is THANGAMAYL overvalued or undervalued?
THANGAMAYL trades at 41.8× earnings, expensive versus the ~22× long-run Nifty average.
What is the THANGAMAYL share price target for 2031?
THANGAMAYL's probability-weighted 2031 median target is ₹5,108, with an 80% range of ₹1,060-₹24,614 (10,000-path Monte-Carlo).
What is the probability THANGAMAYL doubles in 5 years?
The modelled probability of THANGAMAYL reaching ₹10,550 (2×) within 5 years is 27%.
What is the bull case for THANGAMAYL?
THANGAMAYL's return on equity of 28.1% ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. THANGAMAYL's return on capital employed of 25.5% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in THANGAMAYL?
THANGAMAYL's P/E of 41.8x is lower than 32% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 11.6× price-to-book means most of the value is intangible/expectations, not assets on the books. High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.