Tribhovandas Bhimji Zaveri Ltd Share Price

Diamond, Gems and Jewellery

NSE: TBZ Small Cap ISIN: INE760L01018

As on 18 November 2025 at 23:48 IST

₹189.64

-1.60

(-0.84%)

Sell Buy

Tribhovandas Bhimji Zaveri Q1 FY26 Results:

Net profit rose 35% to ₹23 crores, compared to ₹17 crores in Q1 FY25. Total income in Q1 FY26 increased 5% to ₹626 crores from ₹597 crores in the same period last year.

About Tribhovandas Bhimji Zaveri Ltd

Tribhovandas Bhimji Zaveri Ltd (TBZ) is one of India's leading jewellery retailers, offering a wide range of finely crafted gold, diamond, and platinum jewellery. It falls under the jewellery and gems sector, specifically within the broader retail industry. TBZ has been in business for over a century. Established in 1864, the company has a rich history and heritage, making it one of the oldest jewellers in India. The headquarters of TBZ is in Mumbai, Maharashtra, India. TBZ's main products include gold jewellery, diamond-studded jewellery, platinum jewellery, and other precious stones. +

Over 1 Month

4.12%

Over 6 Months

-7.74%

Over 1 Year

-15.12%

Over 3 Years

160.54%

Tribhovandas Bhimji Zaveri Ltd Summary

Close ₹191.24

Open ₹195

High ₹197.92

Low ₹190.81

Volume 7,73,344

Net Turnover (in Cr) ₹14.95

52Wk High ₹292

52Wk Low ₹155.99

52Wk High / Low

155.99

292

Tribhovandas Bhimji Zaveri Ltd Fundamentals

Key Financial Data

Market Cap (in Cr) ₹1,276.16

EPS (TTM) 13.83

Book Value (BV) 105.50

Div. Yield 1.18 %

P/E (TTM) 13.82

Price/Book Value 1.81

Delivery % 39.73 %

Face Value 10

Key Ratios

PE Ratio 16.91

PB Ratio 1.83

EV to Sales 0.73

PEG Ratio 0.50

ROA 4.90

ROE 11.34

Debt-Equity 1.10

Net Profit Margin 2.75

Operating Profit Margin 7.19

Tribhovandas Bhimji Zaveri Ltd Financials

Consolidated

Standalone

Yearly

Quarterly

Profit and Loss

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Total Revenue	2,624.85	2,304.70	2,398.60	1,851.62	1,354.32
Total Expenses	2,529.09	2,233.12	2,346.56	1,825.67	1,294.55
Profit Before Tax	95.76	71.59	52.04	25.95	59.77
Profit After Tax	68.39	54.43	40.19	20.18	43.27
Operating Profit After Depreciation	151.87	121.41	96.81	61.53	107.56

Balance Sheet

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Fixed Assets	164.43	150.84	158.57	151.61	139.99
Total Non Current Assets	184.06	169.70	175.09	170.14	154.64
Total Current Assets	1,585.29	1,288.86	1,299.96	1,286.51	1,059.88
Total Assets	1,769.35	1,458.56	1,475.05	1,456.65	1,214.52
Total Shareholder's Fund	657.21	601.53	560.41	527.58	522.88

Cash Flow

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Cash From Operating Activities	-26.85	39.69	93.17	-66.20	231.02
Net Cash Used In Investing Activities	-45.04	-6.57	-6.61	-2.09	5.27
Net Cash Used In Financing Activities	84.94	-29.19	-86.72	70.77	-232.96

Profit and Loss

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Total Revenue	2,625.39	2,305.23	2,399.18	1,852.22	1,354.89
Total Expenses	2,525.68	2,234.05	2,347.66	1,829.34	1,295.20
Profit Before Tax	99.71	71.18	51.53	22.88	59.69
Profit After Tax	72.35	54.02	39.67	17.11	43.09
Operating Profit After Depreciation	155.84	121.02	96.31	58.47	107.53

Balance Sheet

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Fixed Assets	144.32	130.81	138.30	131.05	119.06
Total Non Current Assets	192.71	178.56	183.33	178.66	153.25
Total Current Assets	1,585.35	1,286.90	1,299.01	1,286.98	1,070.27
Total Assets	1,778.06	1,465.46	1,482.34	1,465.64	1,223.52
Total Shareholder's Fund	667.67	608	567.27	534.97	533.68

Cash Flow

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Cash From Operating Activities	-27.35	37.95	92.34	-56.88	230.19
Net Cash Used In Investing Activities	-43.93	-5.81	-5.84	-11.34	6.01
Net Cash Used In Financing Activities	84.92	-29.19	-86.74	70.77	-232.91

Particulars (in ₹ Cr.)	2025-09	2025-06	2025-03	2024-12	2024-09
Total Revenue	687.83	624.01	529.34	927.85	567.05
Total Expenses	623.65	570.86	493.11	867.72	531.82
Profit Before Tax	41.89	29.79	13.57	41.59	17.22
Profit After Tax	31.53	22.50	9.49	29.88	11.97
Operating Profit after Depreciation	66.02	54.88	37.54	60.95	36.47

Particulars (in ₹ Cr.)	2025-09	2025-06	2025-03	2024-12	2024-09
Total Revenue	687.83	624.01	529.34	927.85	567.05
Total Expenses	624.70	572.60	492.62	867.32	530.80
Profit Before Tax	41.05	28.24	14.26	42.18	18.45
Profit After Tax	30.70	20.94	10.18	30.48	13.22
Operating Profit after Depreciation	65.11	53.26	38.17	61.47	37.64

Tribhovandas Bhimji Zaveri Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 188.73

S2 186.21

S3 181.62

Pivot 193.32

R1 195.84

R2 200.43

R3 202.95

Moving Average

20 SMA 185.85

50 SMA 186.18

100 SMA 189.13

200 SMA 188.48

Tribhovandas Bhimji Zaveri Ltd Corporate Actions

Tribhovandas Bhimji Zaveri Ltd

₹2.25/Share

Announcement Date 02 Sep 2025

Record Date 02 Sep 2025

Div Yield 22%

AGM Date: 16 Sep 2021

AGM 16/09/2021 Proceedings of 14th Annual General Meeting of the Company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015(As Per BSE Announcement Dated on 9/16/2021 3:24:22 AM) Outcome / proceedings of the 14th Annual General Meeting of the Company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015(As Per BSE Announcement Dated on 9/17/2021 11:02:41 AM) Disclosure of Voting Results of 14th Annual General Meeting of the Company along with report of scrutinizer of the AGM held on Thursday 16th September 2021 as per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015(As Per BSE Announcement Dated on 9/17/2021 1:24:19 AM) Disclosure of Voting Results of 14th Annual General Meeting of the Company along with report of scrutinizer of the AGM held on Thursday 16th September 2021 as per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Tribhovandas Bhimji Zaveri Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here (As Per BSE Announcement Dated on 9/17/2021)

AGM Date: 29 Aug 2022

AGM 29/08/2022 The Register of Members and the Share Transfer Books of the Company will remain closed from Tuesday, 23rd August, 2022 to Monday, 29th August, 2022 (both days inclusive) for the purpose of 15th Annual General Meeting and determination of entitlement of Dividend for the financial year ended 31st March, 2022. (As Per BSE Announcement Dated on 02.08.2022) Company in respect of information regarding 15th Annual General Meeting {to be held on Monday, 29th August, 2022 at 11.30 am through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)}, remote E-Voting information and Book Closure Dates appearing in The Free Press Journal (in English) and Navshakti (in Marathi) dated 5th August, 2022. (As per BSE Announcement Dated on 05/08/2022) Proceedings of 15th Annual General Meeting of the Company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (As Per BSE Announcement Dated 29.08.2022) Outcome of the 15th Annual General Meeting of the Company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Disclosure of Voting Results along with Scrutinizer Report of 15th Annual General Meeting of the Company along with report of scrutinizer of the AGM held on Monday, 29th August, 2022 as per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Disclosure of Voting Results of 15th Annual General Meeting of the Company along with report of scrutinizer of the AGM held on Monday, 29th August, 2022 as per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Tribhovandas Bhimji Zaveri Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 30/08/2022)

AGM Date: 13 Sep 2023

AGM 13/09/2023 Notice is hereby given that the 16th AGM of the Company will be held on Wednesday, 13th September, 2023 at 11.30 a.m. through Video Conferencing (VC) / other Audio-Visual Means (OVAM) Fixed Record date of Wednesday, 6th September, 2023 for the purpose of AGM and dividend. (As Per BSE Announcement Dated on 16/08/2023) Submission of newspaper notice for shareholders for Notice of AGM, Book Closure, E-voting information for the AGM dated 13.09.23. (As Per BSE Announcement Dated on 19/08/2023) Voting Results along with Scrutinizer''s Report for the 16th Annual General Meeting dated 13.09.23 for the FY 2022-23. (As Per BSE Announcement Dated on 14/09/2023)

AGM Date: 10 Sep 2024

17th AGM of the Company is scheduled to be held on Tuesday, 10th September, 2024 at 4.30 pm through Video Conferencing / OVAM. Declaration of Voting Results of the 17th Annual General Meeting (As per BSE Announcement Dated on 11/09/2024)

AGM Date: 09 Sep 2025

AGM 09/09/2025 Annual Report for the FY 2024-25 along with Notice of 18th Annual General Meeting. (As Per BSE Announcement Dated on: 14.08.2025) Fixing Date of 18th Annual General Meeting : Tuesday 9th September, 2025 Summary of Proceedings of 18th Annual General Meeting Summary of Proceedings of 18th Annual General Meeting. (As Per BSE Announcement Dated on:09.09.2025)

Tribhovandas Bhimji Zaveri Ltd Peer Comparison

Company	Price	Market Cap (in Cr)
Titan Company Ltd	₹3,869.15	₹3,43,497.78
Kalyan Jewellers India Ltd	₹495.60	₹51,173.31
Thangamayil Jewellery Ltd	₹3,267.25	₹10,155.27
P N Gadgil Jewellers Ltd	₹649.25	₹8,810.86
Bluestone Jewellery & Lifestyle Ltd	₹571.20	₹8,643.42

Tribhovandas Bhimji Zaveri Ltd Top Mutal Funds Invested

No data available

Tribhovandas Bhimji Zaveri Ltd News

Tribhovandas Bhimji Zaveri to discuss results

On 14 November 2025

07 Nov 2025, 05:26 pm

Tribhovandas Bhimji Zaveri to hold AGM

On 9 September 2025

07 Aug 2025, 03:40 pm

Tribhovandas Bhimji Zaveri to convene board meeting

On 6 August 2025

01 Aug 2025, 09:45 am

Tribhovandas Bhimji Zaveri appoints President ' Retail Sales & Operations

With effect from 03 June 2025

03 Jun 2025, 07:15 pm

Board of Tribhovandas Bhimji Zaveri recommends final dividend

Of Rs 2.25 per share

22 May 2025, 08:48 pm

Tribhovandas Bhimji Zaveri Ltd Stock Analysis

Annual revenue for Tribhovandas Bhimji Zaveri Ltd increased by 13.89% to ₹2,625.39 crore in FY 2025 from ₹2,305.23 crore in FY 2024.
Annual Net Profit for Tribhovandas Bhimji Zaveri Ltd increased by 33.93% to ₹72.35 crore in FY 2025 from ₹54.02 crore in FY 2024.
Promoter Shareholding in Tribhovandas Bhimji Zaveri Ltd remains unchanged by 0.00% in the most recent quarter, from 74.12% in June 2025 to 74.12% in September 2025.
Tribhovandas Bhimji Zaveri Ltd delivered a 1-year return of -15.12% compared to the Nifty 50, which provided a return of 10.91% as of the last trading session.
Tribhovandas Bhimji Zaveri Ltd share price moved down by 0.84% from its previous close of INR ₹191.24. The latest Tribhovandas Bhimji Zaveri Ltd share price is INR ₹189.64.
Tribhovandas Bhimji Zaveri Ltd share price today has been at a low of 188.25 and a high of 192.04. Over the past 52 weeks, the Tribhovandas Bhimji Zaveri Ltd share price has seen a low of 155.99 and a high of 292.

About Tribhovandas Bhimji Zaveri Ltd

Tribhovandas Bhimji Zaveri Ltd (TBZ) is one of India's leading jewellery retailers, offering a wide range of finely crafted gold, diamond, and platinum jewellery. The company caters to diverse customer preferences with its mix of traditional and contemporary designs. TBZ falls under the jewellery and gems sector, specifically within the broader retail industry.
TBZ has been in business for over a century. Established in 1864, the company has a rich history and heritage, making it one of the oldest jewellers in India. The headquarters of TBZ is in Mumbai, Maharashtra, India.
The promoters of TBZ include Shrikant Gopaldas Zaveri, with a 50.06% stake. He also serves as the Chairman & Managing Director of the company, supported by a team of managerial promoters who oversee its operations. They are-

Raashi Zaveri
Binaisha Zaveri
Sudha Navandar
Ramesh Chandak

TBZ's main products include gold jewellery, diamond-studded jewellery, platinum jewellery, and other precious stones. The company is renowned for its bridal collections, necklaces, rings, earrings, bangles, and other ornaments.
While TBZ is a prominent player in the jewellery retail sector, it is not necessarily the #1 stock or the biggest player in terms of market share or capitalization within its industry. It does, however, enjoy a strong reputation and customer loyalty. The promoter shareholding in TBZ is significant, reflecting the family's continued involvement and commitment to the business.
The registered office of TBZ is in Mumbai, Maharashtra. Meanwhile the office of the registrar is in Hyderabad, Telangana. Overall, Tribhovandas Bhimji Zaveri Ltd (TBZ) is a renowned Indian jewellery retailer with over a century of heritage. It offers a diverse range of high-quality jewellery backed by significant promoter shareholding and strong customer loyalty.

The Contribution of Tribhovandas Bhimji Zaveri Ltd to the Indian Jewellery Market

Tribhovandas Bhimji Zaveri Ltd (TBZ) has made a substantial impact on the Indian jewellery market. Established in 1864, TBZ has been crafting exquisite jewellery for years. The company's contributions can be seen in various aspects of the industry, from design innovation to ethical business practices.
TBZ's long history in the jewellery market has built a reputation for trust and quality. Customers rely on TBZ for its authenticity and high standards. The company's blend of traditional and modern designs caters to a wide range of tastes, making it a favourite among different generations. This versatility has helped TBZ capture a significant market share.
Quality and authenticity have always been at the core of TBZ's operations. The company uses only the finest materials in its products, ensuring that customers receive top-notch jewellery. This commitment to quality has earned TBZ a loyal customer base. Hence, many people choose TBZ, as they are confident in the brand's promise of purity and craftsmanship.
Innovation is another area where TBZ has excelled. The company constantly introduces new designs and styles to stay ahead of market trends. TBZ's ability to anticipate customer preferences and adapt accordingly has kept it relevant in a competitive market. The company's collections feature a wide range of jewellery, from bridal pieces to everyday wear, catering to various needs and occasions.
TBZ's strong market presence is supported by its extensive network of stores. The company has showrooms in key cities and towns across India, making its products accessible to a broad audience. This widespread reach has been instrumental in maintaining TBZ's market position and growing its customer base.
Ethical practices have also been a cornerstone of TBZ's business. The company is committed to sourcing materials responsibly and ensuring that its supply chain adheres to moral standards. TBZ's focus on sustainability and ethical sourcing has enhanced its reputation and attracted environmentally conscious customers.
TBZ's involvement in industry associations and trade bodies has further contributed to the jewellery market. The company has been a vocal advocate for the interests of jewellers and has played a role in shaping industry standards. TBZ's efforts have helped promote the growth and development of the jewellery sector in India.
Marketing has been a crucial element in TBZ's success. The company's branding and advertising campaigns highlight its rich heritage and quality craftsmanship. TBZ's marketing strategies have resonated with customers, reinforcing its position as a leading jewellery brand in India.
Adaptability has been key to TBZ's sustained success. The company has embraced technological advancements like online sales and digital marketing. This has helped it reach a broader audience. TBZ's willingness to adapt to changing market dynamics has allowed it to stay competitive and continue growing in an evolving landscape.
Financial stability and prudent management have also played a role in TBZ's contributions to the market. The company's consistent performance and sound financial practices have enabled it to invest in expansion and innovation. TBZ's economic strength has supported its growth and maintained its market presence.
Overall, Tribhovandas Bhimji Zaveri Ltd has made significant contributions to the Indian jewellery market through its quality products and customer-centric approach. Its rich heritage, combined with its adaptability to changing trends, has strengthened its industry presence. This has cemented its position as a leading player in the market.