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Tribhovandas Bhimji Zaveri TBZ.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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636.15

+7.33%

Close of 9 Nov 2026, in INR

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About Tribhovandas Bhimji Zaveri

Its shares trade on NSE under the ticker TBZ.NS. It has been listed since 9 May 2012. In the fiscal year to 31 March 2026, it reported revenue of ₹32.03bn and net income of ₹2.02bn. At that date it held total assets of ₹21.02bn and shareholders' equity of ₹8.38bn.

Tribhovandas Bhimji Zaveri Ltd. engages in the manufacture and trade of jewellery. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2012-05-09. The firm is in the business of retail sales of ornaments made of gold, diamond, silver, platinum and precious stones. The firm operates approximately 32 showrooms across 12 states in India, of which 29 are operated by it and the rest are franchise stores. The firm has various product categories, such as plain gold, diamond studded, precious and semi-precious stone studded, lightweight and contemporary, temple jewelry, plain and diamond studded platinum, colored stone studded in gold, and solitaires. Its product includes necklaces, bangles, bracelets, pendants, mangal sutra, earrings, rings and various others. The firm has various collections, such as bespoke, Leela, Navya, HUES, Kavya, Svara and Maya. Its bespoke collections are a range of traditional jewelry, which is focused on the tapestry design of Indian traditions, weddings and festivities. Its Leela collection is designed for bridal jewelry.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Specialty Retail
Listed since
9 May 2012
Employees
967

Leadership

Pay as last reported

  • Mr. Shrikant ZaveriExecutive Chairman, Managing Director, since 2021₹24.0m
  • Mr. Mukesh SharmaChief Financial Officer
  • Mr. Rakesh PantPresident Retail Sales and Operations
  • Mr. Arpit MaheshwariCompliance Officer, Company Secretary
  • Ms. Binaisha ZaveriWhole Time Director₹24.0m
  • Ms. Raashi ZaveriWhole-time Director, since 2008₹24.0m
  • Mr. Mayur ChoksiHead - Diamond Operation
  • Mr. Reetesh GadeHead-Advertising & Marketing
  • Ms. Shikha KhuranaHead of Human Resources
  • Mr. Rajeev SagarHead - Gold Operations
  • Mr. Ramesh ChandakAdditional Non-Executive Independent Director
  • Mrs. Sudha NavandarAdditional Non-Executive Independent Director₹860,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Tribhovandas Bhimji Zaveri Ltd operates 32 showrooms across 12 Indian states with 29 company-owned locations.
  • The company offers diverse product categories including plain gold, diamond studded, and temple jewelry for various occasions.
  • Its bespoke collections like Leela and Maya focus on traditional Indian wedding and festive designs.

Weaknesses

  • The firm has only 29 company-operated showrooms out of 32 total locations, relying on franchise stores for expansion.
  • The company's retail presence is limited to 12 Indian states without international expansion plans.
  • Tribhovandas Bhimji Zaveri Ltd has no mention of digital or e-commerce platforms in its current business model.

Opportunities

  • Expanding franchise stores across additional Indian states could increase market reach without significant capital investment.
  • Growing demand for traditional Indian jewelry during weddings and festivals presents a strong market opportunity.
  • The company's diverse product categories like Leela and Maya collections can attract new customer segments.

Threats

  • Competition from other Indian jewelry retailers in the Consumer Discretionary sector may impact market share.
  • Economic downturns in India could reduce consumer spending on luxury items like jewelry.
  • Rising gold prices might affect profit margins for the company's gold-based products.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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