Thangamayil Jewellery

Thangamayil Jewellery Limited (TMJL), is one of the fastest growing companies in India, positioned in the market as a chain of retail jewellery stores across several districts in Tamil Nadu, a state that is said to have the largest share (40%) of India's total gold consumption (WGC). The company primarily deals with four product lines, i.e., Gold Jewellery, Silver Articles, Diamond Jewellery and Platinum Jewellery. TMJL has also established four manufacturing units that employ in-house goldsmiths to craft designer jewellery, which are in vogue with the current trends in the marketplace. There is a manufacturing division in Madurai and a silver unit at Salem. The flagship store of TMJL is located at Nethaji Road in Madurai. The second and third showrooms were inaugurated at Rajapalayam and Dindigul respectively, before the company went public. Thangamayil turned public limited in 2007. It released its maiden equity shares in 2010 and the shares were listed in BSE and NSE. Every year new outlets have been opened to foster business growth and development, thereby increasing the total number of showrooms in the chain to 33. Today, the company boasts a total of 40,000 square feet in area, across all its 33 showrooms. Today Thangamayil takes pride in having over 2800 shareholders including mutual funds like SBI Magnum Balanced Fund and top-10 institutional and individual shareholders in its fold. One of the key elements of growth for Thangamayil is its retail presence in the various tier II and III locations of Tamilnadu. This growth path will be continued in Tamilnadu till a stage where all the potential towns and habitats are covered in the next 3 years.Thangamayil aims to become the largest jewellery retailer in Tamilnadu by 2020, both in terms of its branch network presence and in terms of sales volume. For more details log on to : https://www.thangamayil.com/corporate/mission-vision/