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Tribhovandas Bhimji Zaveri Ltd logo

Tribhovandas Bhimji Zaveri Ltd

NSE: TBZ BSE: 534369

149.94

(-2.78)%

Mon, 02 Feb 2026, 06:40 pm

1 Day

0 (0%)

No Result Found

Summary

  • Market Cap

    1028.32

  • Net Profit

    68.39

  • P/B

    1.86

  • Sector P/E

    58.11

  • P/E

    17.89

  • EV/EBITDA

    10.34

  • Debt/Equity (Industry)

    0.73

  • Interest Cover (Industry)

    4.45

  • ROCE (Industry)

    8.90

  • RONW (Industry)

    9.79

  • ROE

    10.87

  • ROCE

    11.87

  • Debt/Equity

    1.12

  • EPS (TTM)

    21.60

  • Dividend Yield

    1.46

  • Book Value

    104.30

  • Interest Cover

    2.49

Analysis

all

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Pros

  • Dividends paid are well covered by earnings (4x coverage).
  • Tribhovandas Bhimji Zaveri's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Tribhovandas Bhimji Zaveri is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Tribhovandas Bhimji Zaveri is profitable, therefore cash runway is not a concern.
  • Tribhovandas Bhimji Zaveri is profitable, therefore cash runway is not a concern.
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Cons

  • Tribhovandas Bhimji Zaveri has only been paying a dividend for 8 years, and since then there has been no growth.
  • Tribhovandas Bhimji Zaveri has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Tribhovandas Bhimji Zaveri's dividend is below the markets top 25% of dividend payers in India (3.08%).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.6x annual interest expense, ideally 3x coverage).
  • Tribhovandas Bhimji Zaveri's level of debt (117.8%) compared to net worth is high (greater than 40%).

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Financials

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Ratios

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Shareholding

ShareholdersDEC 2025SEPT 2025JUN 2025MAR 2025DEC 2024
Promoters74.1274.1274.1274.1274.12
FII0.0000.550.630.61
DII0.000.000.000.000.07
Public25.8825.8825.3325.2525.21
Government00000

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Technical Analysis

RSI

35.72

MACD

-3.15

50 DMA

166.12

200 DMA

185.12

Support and Resistance

TypeR1R2R3PPS1S2S3
Classic244.62207.29183.95169.96146.62132.6395.30
Fibonacci207.29193.03184.22169.96155.70146.89132.63
Camarilla170.87167.44164.02169.96157.18153.76150.33

Pivots Level: Classic

R3

+74.66

244.62

R2

+37.33

207.29

R1

+13.98

183.95

169.96
169.96
Pivot Point
LTP: 149.94

S1

-23.35

146.62

S2

-37.33

132.63

S3

-74.66

95.30

Moving Average

SMAEMA

Period

Value

  • 10-EMA

    159.73

  • 20-EMA

    162.63

  • 30-EMA

    164.38

  • 50-EMA

    167.53

  • 100-EMA

    173.87

  • 200-EMA

    180.93

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Corporate Actions

Announcement DatePurposeActionEx Date
20 Jan 2026board-meetingsQuarterly Results
14 Nov 2025board-meetingsQuarterly Results
06 Aug 2025agm
22 May 2025dividend₹2.25 Dividend /Share02 Sept 2025
09 Aug 2024agm
27 May 2024dividend₹1.75 Dividend /Share04 Sept 2024
16 Aug 2023agm
24 May 2023dividend₹1.75 Dividend /Share06 Sept 2023
02 Aug 2022agm
05 May 2022dividend₹1.00 Dividend /Share23 Aug 2022

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Peer Comparison

Tribhovandas Bhimji Zaveri Ltd logo

Tribhovandas Bhimji Zaveri Ltd

Titan Company Ltd logo

Titan Company Ltd

P N Gadgil Jewellers Ltd logo

P N Gadgil Jewellers Ltd

PC Jeweller Ltd logo

PC Jeweller Ltd

Bluestone Jewellery & Lifestyle Ltd logo

Bluestone Jewellery & Lifestyle Ltd

Kalyan Jewellers India Ltd logo

Kalyan Jewellers India Ltd

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About Tribhovandas Bhimji Zaveri Ltd

Tribhovandas Bhimji Zaveri is in the business of retail sales of ornaments made of gold, diamond, silver, platinum and precious stones through its 30 showrooms and 6 franchisee outlets located across in India.

Industry

Diamond Cutting / Jewellery

Founded

2007

Headquarters

CEO

Shrikant G Zaveri

Employees

Contact

Website icon

Website

http://www.tbztheoriginal.com

Email icon

Email

investors@tbzoriginal.com

Phone icon

Phone

91-22-39565001/40465000/01

Location icon

Location

241/43 Zaveri Bazaar, , Mumbai, Maharashtra, 400002

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tribhovandas bhimji zaveri ltd History

YearHistory
2014
  • TBZ - The Original bags Three Jaipur Jewellery Show - Indian Jeweller Jewellers Choice Design Awards.
  • Tribhovandas Bhimji Zaveri Ltd honoured with Two Awards at the prestigious IJ Jewellers' Choice Design Awards 2014.
2015
  • Tribhovandas Bhimji Zaveri Ltd announces TBZ Franchising Opportunity.
  • Tribhovandas Bhimji Zaveri Ltd honored with 'Best Jewellery Company' award at the second GJTCI Excellence Awards.
  • Tribhovandas Bhimji Zaveri Limited crowned as one of the Asia's Most Promising Brands by World Consulting & Research Corporation (WCRC).
2016
  • Tribhovandas Bhimji Zaveri bags Best Necklace Design award at the JJS-IJ Jewellers' Choice Design Awards 2015.
  • TBZ signs its 4th franchise agreement for its upcoming store in Patna, Bihar.
  • Tribhovandas Bhimji Zaveri announces opening of its Second Franchisee Store.
  • TBZ -The Original wins two awards at the 12th Gemfields Retail Jeweller India Awards 2016.
2017
  • Tribhovandas Bhimji Zaveri Ltd renovated its Vijaywada showroom with a large range of diamond and gold collection.
  • TBZ-The Original won the Best Ring Design Award at the JJS-IJ Jewellers' Choice Design Awards 2016.
2018
  • Tribhovandas Bhimji Zaveri Ltd won the Retail Jewellers India Awards for Diamond Vivah jewellery of the year.

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Deals

Client NameOrder SideQTYAvg PriceDate
NK SECURITIES RESEARCH PRIVATE LIMITEDSell416201173.8921 Jan 2026
JUNOMONETA FINSOL PRIVATE LIMITEDSell333735173.3221 Jan 2026
NK SECURITIES RESEARCH PRIVATE LIMITEDBuy416201173.8121 Jan 2026
HRTI PRIVATE LIMITEDSell810321173.7521 Jan 2026
JUNOMONETA FINSOL PRIVATE LIMITEDBuy331695173.221 Jan 2026
HRTI PRIVATE LIMITEDBuy791941173.6421 Jan 2026
MALABAR GOLD AND DIAMONDS LIMITEDSell528609165.5419 Jan 2026
JUNOMONETA FINSOL PRIVATE LIMITEDSell525069170.609 Jan 2026
JUNOMONETA FINSOL PRIVATE LIMITEDBuy525072170.5809 Jan 2026
HRTI PRIVATE LIMITEDBuy539443170.2109 Jan 2026

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tribhovandas bhimji zaveri ltd News

TBZ Reports 168% PAT Growth in Q3 FY26

Tribhovandas Bhimji Zaveri delivers strong Q3 FY26 results with revenue up 14.40% YoY to ₹10,614.23 million and PAT surging 168.26% to ₹817.67 million. EBITDA margin expands 592 bps to 12.44%.

20 Jan 2026

co actions results

Malabar Gold sells 0.8% TBZ stake for ₹8.75 cr

Malabar Gold and Diamonds offloaded 5.28 lakh shares in Tribhovandas Bhimji Zaveri at ₹165.54 per share on January 19. TBZ shares gained 0.88% despite the stake sale by the Kerala-based jewellery group.

19 Jan 2026

co actions results

TBZ CMD Shrikant Zaveri Wins Visionary Leader Award

Shrikant Zaveri, Chairman & Managing Director of TBZ Limited, has been honored with the 'Visionary Leader of the Year' award at Retail Jeweller MD & CEO Awards 2026, recognizing his outstanding leadership in the jewellery industry.

09 Jan 2026

stocks

TBZ Reports Strong Q2 FY26 Results with 21% Revenue Growth and 132% PAT Surge

Tribhovandas Bhimji Zaveri Limited achieved revenue of ₹6,878.28 million in Q2 FY26, marking 21.30% YoY growth, while PAT surged 132.23% to ₹307 million with improved margins across all key metrics. The jewelry retailer expanded its footprint to 37 stores across 27 cities with new flagship showrooms in Ahmedabad and Hyderabad, benefiting from strong festive campaigns and enhanced operational efficiencies.

17 Nov 2025

earnings

TBZ Reports 21% Revenue Growth and 132% PAT Jump in Q2FY26 with Record Margins

Tribhovandas Bhimji Zaveri Limited delivered strong quarterly results with revenue growing 21.30% YoY to Rs 6,878.28 million and profit after tax surging 132.23% to Rs 307 million, driven by improved gross margins expanding 318 basis points to 16.87%. The jewelry retailer also appointed Kapil Budukh as Head-Advertising Marketing in senior management and expanded its network to 37 stores across 27 cities with new showrooms in Ahmedabad and Hyderabad.

14 Nov 2025

earnings

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800