Also trades as: THANGAMAYL.BO (BSE) · $vol 1M

₹4,751.50 ($49.35)

-109.50 (-2.25%)

NSE · Consumer Cyclical · Luxury Goods · Tech Score Neutral · Power 45 · ₹151.4B mcap · 11M float · 1.92% daily turnover

Analysis Technicals Weather Peers

Revenue

$85.0B +73.1% ▲

5Y CAGR: +36.1%

Gross Profit

$9.2B +113.5% ▲

5Y CAGR: +34.7%

Operating Income

$5.4B +173.2% ▲

5Y CAGR: +32.2%

Net Income

$3.5B +196.2% ▲

5Y CAGR: +32.4%

EPS (Diluted)

$113.14 +169.4% ▲

5Y CAGR: +29.1%

EBITDA

$5.8B +162.9% ▲

5Y CAGR: +31.0%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$21.9B	$31.5B	$38.3B	$49.1B	$85.0B
YoY Growth	+20.6%	+43.8%	+21.4%	+28.3%	+73.1%
Cost of Revenue	$20.0B	$28.6B	$34.6B	$44.8B	$75.8B
Gross Profit	$2.0B	$3.0B	$3.7B	$4.3B	$9.2B
Gross Margin	9.0%	9.4%	9.6%	8.8%	10.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$359M	$445M	$460M	$1.4B	$917M
Operating Expenses	$474M	$608M	$1.5B	$1.4B	$3.8B
Operating Income	$941M	$1.6B	$2.1B	$2.9B	$5.4B
Operating Margin	4.3%	5.1%	5.6%	5.9%	6.3%
Interest Expense	$262M	$349M	$363M	$411M	$677M
Income Before Tax	$520M	$1.1B	$1.7B	$1.6B	$4.7B
Tax Expense	$135M	$282M	$418M	$412M	$1.2B
Net Income	$386M	$797M	$1.2B	$1.2B	$3.5B
Net Margin	1.8%	2.5%	3.2%	2.4%	4.1%
EPS (Diluted)	$13.61	$28.16	$44.91	$42.00	$113.14
EBITDA	$879M	$1.6B	$2.1B	$2.2B	$5.8B
Shares Outstanding	27M	27M	27M	28M	31M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$12.2B	$11.8B	$11.3B	$13.8B	$15.6B	$17.1B	$24.0B	$28.4B
Cost of Revenue	$11.0B	$11.6B	$10.0B	$12.8B	$13.9B	$15.7B	$21.5B	$25.3B
Gross Profit	$1.2B	$232M	$1.3B	$1.0B	$1.7B	$1.4B	$2.6B	$3.1B
Gross Margin	10.2%	2.0%	11.9%	7.3%	10.7%	8.5%	10.7%	11.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$199M	$280M	$79M	$713M	$568M	$503M	$184M	$274M
Operating Expenses	$199M	$280M	$567M	$801M	$869M	$503M	$945M	$1.1B
Operating Income	$1.0B	-$48M	$774M	$202M	$802M	$946M	$1.6B	$2.0B
Operating Margin	8.5%	-0.4%	6.8%	1.5%	5.2%	5.5%	6.7%	7.1%
Interest Expense	$90M	$106M	$104M	$111M	$150M	$162M	$160M	$204M
Income Before Tax	$772M	-$236M	$674M	$388M	$651M	$784M	$1.4B	$1.8B
Tax Expense	$206M	-$61M	$193M	$74M	$194M	$199M	$384M	$396M
Net Income	$566M	-$174M	$482M	$314M	$457M	$585M	$1.0B	$1.4B
Net Margin	4.6%	-1.5%	4.3%	2.3%	2.9%	3.4%	4.4%	5.0%
EPS (Diluted)	$20.61	$-6.36	$17.01	$10.18	$14.71	$18.82	$33.71	$45.89
EBITDA	$916M	-$74M	$832M	$521M	$870M	$1.1B	$1.7B	$2.1B
Shares Outstanding	27M	27M	27M	31M	31M	31M	31M	31M

THANGAMAYL.NS NSE