Senco Gold vs Thangamayil Jewellery: Share Price, Comparison and Key Differences

Senco Gold MCap Rs 6,371 Cr, PE 11.09x, ROE 22.85%, D/E 1.07. Thangamayil Jewellery MCap Rs 16,391 Cr, PE 41.92x, ROE 24.83%, D/E 0.64.

Senco Gold vs Thangamayil Jewellery is a comparison regional jewellery investors look up when evaluating two listed Indian regional jewellery retailers. Senco Gold and Diamonds, a Kolkata-based jewellery retailer, is the largest organised jewellery chain in East India selling gold, diamond and silver jewellery through 135+ stores across Eastern and Central India. Thangamayil Jewellery, a Madurai-based company, operates gold and diamond jewellery stores primarily in Tamil Nadu. Both Senco Gold vs Thangamayil Jewellery are profitable regional jewellery retailers with high ROE from their jewellery retail model.

This Senco Gold vs Thangamayil Jewellery article covers reach and market position, key products, latest declared results and stock valuation. The Senco Gold vs Thangamayil Jewellery data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.

Senco Gold vs Thangamayil Jewellery: Reach and Market Position

On the Senco Gold side of the Senco Gold vs Thangamayil Jewellery comparison, Senco Gold operates 135+ stores in West Bengal, Odisha, Bihar, Jharkhand and other eastern states. Market capitalisation is Rs 6,371 Cr.

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On the Thangamayil Jewellery side of the Senco Gold vs Thangamayil Jewellery comparison, Thangamayil Jewellery operates stores primarily in Tamil Nadu (Madurai, Chennai and tier-2 South Tamil Nadu cities). Market capitalisation is Rs 16,391 Cr.

Senco Gold vs Thangamayil Jewellery: Key Products and Business Mix

In the Senco Gold vs Thangamayil Jewellery product comparison, Senco Gold offers: Senco earns from gold jewellery retail (plain gold, diamond-studded, silver). EPS is Rs 35.04. PE is 11.09x, ROE 22.85 percent, D/E 1.07.

For Thangamayil Jewellery in this Senco Gold vs Thangamayil Jewellery breakdown: Thangamayil earns from gold jewellery retail and old gold exchange. EPS is Rs 125.81. PE is 41.92x, ROE 24.83 percent, D/E 0.64.

Senco Gold vs Thangamayil Jewellery: Latest Results

The Senco Gold vs Thangamayil Jewellery results for Senco Gold: Senco Gold has a market cap of Rs 6,371 Cr and PE of 11.09x. ROE is 22.85 percent. Senco is dramatically cheaper on PE than Thangamayil with a comparable ROE.

The Senco Gold vs Thangamayil Jewellery results for Thangamayil Jewellery: Thangamayil Jewellery has a market cap of Rs 16,391 Cr and PE of 41.92x. ROE is 24.83 percent. Thangamayil is 2.6 times larger than Senco and commands a substantial premium PE.

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Senco Gold vs Thangamayil Jewellery: Stock and Valuation

The Senco Gold vs Thangamayil Jewellery stock comparison uses the latest available market data from Groww. Investors tracking Senco Gold vs Thangamayil Jewellery should verify current prices on NSE or BSE before trading.

Senco Gold vs Thangamayil at current valuations: Senco trades at Rs 6,371 Cr market cap, PE 11.09x, ROE 22.85 percent. Thangamayil trades at Rs 16,391 Cr market cap, PE 41.92x, ROE 24.83 percent. Senco is very cheap on PE relative to Thangamayil with nearly the same ROE. Thangamayil commands a premium for its Tamil Nadu market dominance.

Senco Gold vs Thangamayil Jewellery: Quick Comparison Table

The Senco Gold vs Thangamayil Jewellery comparison table below summarises the key metrics covered in this article side by side.

Conclusion

The Senco Gold vs Thangamayil Jewellery comparison above covers the key data points on reach, products, results and valuation. Senco Gold vs Thangamayil Jewellery covers two high-ROE regional jewellery retailers. Senco dominates East India jewellery retail at a very cheap PE (11.09x). Thangamayil dominates South Tamil Nadu at a premium PE (41.92x). Both have strong ROEs from jewellery retail model. Senco vs Thangamayil investors should review same-store sales growth, store additions and gold price impact on gross margins. Senco Gold vs Thangamayil Jewellery are both profitable regional jewellery investments. Consult a SEBI-registered advisor for personalised guidance.

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Frequently Asked Questions

What does Senco Gold sell?

Ans. Senco Gold and Diamonds is the largest organised jewellery chain in East India selling gold jewellery (plain gold, 22kt and 18kt), diamond-studded jewellery and silver articles through 135+ own stores.

What does Thangamayil sell?

Ans. Thangamayil Jewellery sells gold jewellery (traditional South Indian designs, wedding jewellery), diamond jewellery and old gold exchange through its stores concentrated in Madurai and tier-2 South Tamil Nadu cities.

Why is Senco cheaper on PE than Thangamayil?

Ans. Senco’s PE of 11.09x is significantly lower than Thangamayil’s 41.92x despite similar ROE. This may reflect Thangamayil’s faster growth, South Indian jewellery market premium valuation and concentrated Tamil Nadu market dominance.

Are jewellery stocks affected by gold prices?

Ans. Yes. High gold prices increase the cost of inventory but also raise the average transaction value. Jewellery retailers manage gold price risk through gold leasing and inventory management. Higher gold prices can also increase discretionary delay in purchases.

Which is larger, Senco or Thangamayil?

Ans. Thangamayil Jewellery at Rs 16,391 Cr is approximately 2.6 times larger than Senco Gold at Rs 6,371 Cr.

Are Senco and Thangamayil in Nifty 50?

Ans. Neither is in Nifty 50. Both are tracked in smaller indices.

Do they pay dividends?

Ans. Yes. Both pay small dividends – Senco approximately 0.26 percent and Thangamayil approximately 0.34 percent.