Tribhovandas Bhimji Zaveri Limited
NSE: TBZ · Gems, Jewellery And Watches
Snapshot
Unlock Tribhovandas Bhimji Zaveri Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Tribhovandas Bhimji Zaveri Limited is a prominent Indian retailer specialising in the design and manufacture of gold, diamond, and platinum jewellery. The company operates a network of owned and franchise stores across multiple states in India.
Business Model
The company generates revenue primarily through the retail sale of jewellery products, including bangles, necklaces, and solitaires, across its physical store network. It maintains a diverse product portfolio catering to various consumer segments, ranging from traditional jadau to contemporary lightweight designs.
- Owned Stores:28
- Franchise Stores:3
- Geographic Presence:12 states
Growth Outlook
Growth is driven by the expansion of the retail footprint and the diversification of jewellery offerings to meet evolving consumer preferences. The company continues to leverage its long-standing brand heritage to capture market share in the organised jewellery sector.
Key Risks
- Gold Price Volatility. Fluctuations in the global price of gold can significantly impact inventory valuation and consumer demand.
- Regulatory Changes. Changes in government policies regarding gold imports and taxation can adversely affect operational costs and margins.
- Intense Competition. The company faces stiff competition from both large organised retail chains and numerous unorganised local jewellers.
- Economic Sensitivity. Consumer spending on luxury items like jewellery is highly sensitive to macroeconomic conditions and disposable income levels.
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Key Metrics
REVENUE
₹3,420 Cr
TTM · consolidated
NET PROFIT
₹214 Cr
TTM · consolidated
EPS
₹32.03
TTM · consolidated
RETURN ON EQUITY
28.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
42.0%
TTM · consolidated
P/E
15.0x
Q1 FY27 · consolidated
EV/EBITDA
10.2x
Q1 FY27 · consolidated
EBITDA MARGIN
11.3%
TTM · consolidated
NET PROFIT MARGIN
4.0%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.9x
Q1 FY27 · consolidated
Peers · Gems, Jewellery And Watches
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Tribhovandas Bhimji Zaveri LimitedTBZ | ₹3,209 Cr | 15.01 | 10.24 | 29.1% | 11.3% | 28.6% | 42.0% | +159.7% |
Vaibhav Global LimitedVAIBHAVGBL | ₹3,661 Cr | 12.81 | 8.06 | 10.4% | 11.2% | 19.0% | 19.1% | -0.7% |
D. P. Abhushan LimitedDPABHUSHAN | ₹3,228 Cr | 13.44 | 10.02 | 30.8% | 8.0% | 46.3% | 62.7% | -9.6% |
Rajesh Exports LimitedRAJESHEXPO | ₹2,451 Cr | 21.79 | 4.57 | — | 0.0% | 0.7% | 1.9% | -54.6% |
Shringar House of Mangalsutra LimitedSHRINGARMS | ₹2,101 Cr | 16.53 | 13.08 | — | 7.0% | 17.9% | 24.5% | — |
Shanti Gold International LimitedSHANTIGOLD | ₹1,967 Cr | 9.02 | 8.05 | — | 11.0% | 31.1% | 42.3% | +10.0% |
As of Q1 FY27
Financials
Tribhovandas Bhimji Zaveri Limited
NSE: TBZ · Gems, Jewellery And Watches
Snapshot
Unlock Tribhovandas Bhimji Zaveri Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Tribhovandas Bhimji Zaveri Limited is a prominent Indian retailer specialising in the design and manufacture of gold, diamond, and platinum jewellery. The company operates a network of owned and franchise stores across multiple states in India.
Business Model
The company generates revenue primarily through the retail sale of jewellery products, including bangles, necklaces, and solitaires, across its physical store network. It maintains a diverse product portfolio catering to various consumer segments, ranging from traditional jadau to contemporary lightweight designs.
- Owned Stores:28
- Franchise Stores:3
- Geographic Presence:12 states
Growth Outlook
Growth is driven by the expansion of the retail footprint and the diversification of jewellery offerings to meet evolving consumer preferences. The company continues to leverage its long-standing brand heritage to capture market share in the organised jewellery sector.
Key Risks
- Gold Price Volatility. Fluctuations in the global price of gold can significantly impact inventory valuation and consumer demand.
- Regulatory Changes. Changes in government policies regarding gold imports and taxation can adversely affect operational costs and margins.
- Intense Competition. The company faces stiff competition from both large organised retail chains and numerous unorganised local jewellers.
- Economic Sensitivity. Consumer spending on luxury items like jewellery is highly sensitive to macroeconomic conditions and disposable income levels.
Start your research today
Unlock AI insights, financials, peers and live data on Tribhovandas Bhimji Zaveri Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹3,420 Cr
TTM · consolidated
NET PROFIT
₹214 Cr
TTM · consolidated
EPS
₹32.03
TTM · consolidated
RETURN ON EQUITY
28.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
42.0%
TTM · consolidated
P/E
15.0x
Q1 FY27 · consolidated
EV/EBITDA
10.2x
Q1 FY27 · consolidated
EBITDA MARGIN
11.3%
TTM · consolidated
NET PROFIT MARGIN
4.0%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.9x
Q1 FY27 · consolidated
Peers · Gems, Jewellery And Watches
As of Q1 FY27