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T

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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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹32.03bn

FY2017FY2026

Net income

₹2.02bn

FY2017FY2026

Free cash flow

−₹472.7m

FY2017FY2026

Shareholders' equity

₹8.38bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹32.03bn₹26.25bn₹22.99bn₹23.93bn₹18.44bn₹13.42bn₹18.10bn₹17.64bn₹17.51bn₹16.90bn
Gross profit₹4.51bn₹3.78bn₹3.17bn₹3.01bn₹2.39bn₹2.36bn₹1.34bn₹1.56bn₹1.54bn₹2.41bn
Operating income₹3.32bn₹1.52bn₹1.21bn₹1.46bn₹593.9m₹1.51bn₹891.0m₹735.2m₹733.8m₹127.1m
Net income₹2.02bn₹683.9m₹544.3m₹401.9m₹201.8m₹432.7m₹214.2m₹155.6m₹212.6m₹129.3m
Diluted earnings per share30.3210.258.166.023.026.483.212.333.181.94

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹21.02bn₹17.69bn₹14.59bn₹14.75bn₹14.57bn₹12.15bn₹14.68bn₹14.23bn₹12.19bn₹11.92bn
Cash and short-term investments₹1.02bn₹982.1m₹496.7m₹454.9m₹452.7m₹395.5m₹410.9m₹398.2m₹375.4m₹315.7m
Total liabilities₹12.64bn₹11.12bn₹8.57bn₹9.15bn₹9.29bn₹6.92bn₹9.88bn₹9.40bn₹7.42bn₹7.36bn
Debt₹8.86bn₹7.92bn₹6.14bn₹5.75bn₹5.88bn₹4.38bn₹6.37bn₹6.06bn₹5.69bn₹5.49bn
Shareholders' equity₹8.38bn₹6.57bn₹6.02bn₹5.60bn₹5.28bn₹5.23bn₹4.81bn₹4.84bn₹4.77bn₹4.56bn
Shares outstanding67m67m67m67m67m67m67m67m67m67m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations−₹331.5m−₹268.5m₹396.9m₹931.7m−₹662.0m₹2.31bn₹1.49bn₹323.6m₹415.1m₹1.53bn
Capital spending−₹141.2m−₹119.6m−₹94.6m−₹77.3m−₹10.9m−₹11.6m−₹30.9m−₹150.0m−₹92.2m−₹74.9m
Free cash flow−₹472.7m−₹388.1m₹302.3m₹854.4m−₹672.8m₹2.30bn₹1.46bn₹173.6m₹322.8m₹1.45bn
Dividends paid−₹150.1m−₹116.8m−₹116.8m−₹66.7m−₹166.8m−₹166.8m−₹140.8m−₹60.3m−₹50.0m−₹50.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹8.41bn₹8.30bn₹10.61bn₹6.88bn₹6.24bn₹5.31bn₹9.28bn₹5.67bn
Gross profit₹925.6m₹1.28bn₹1.59bn₹1.31bn₹1.12bn₹837.8m₹1.32bn₹874.7m
Operating income₹637.3m₹1.04bn₹1.25bn₹565.2m₹457.3m₹610.8m₹539.8m₹290.7m
Net income₹339.2m₹676.4m₹806.3m₹315.3m₹225.0m₹94.9m₹298.8m₹119.7m
Diluted earnings per share5.0810.1412.084.723.371.424.481.79
Cash from operations———₹275.0m—−₹268.0m—₹10.0m
Capital spending———−₹81.0m—−₹119.0m—−₹42.0m
Free cash flow———₹194.0m—−₹387.0m—−₹32.0m
Total assets—₹21.02bn—₹20.40bn—₹17.69bn—₹17.16bn
Cash and short-term investments₹1.02bn₹1.02bn₹918.4m₹955.3m₹982.1m₹982.1m₹493.0m₹510.5m
Debt—₹8.03bn—₹8.22bn—₹7.92bn—₹6.64bn
Shareholders' equity₹8.38bn₹8.38bn₹6.96bn₹6.96bn₹6.57bn₹6.57bn₹6.18bn₹6.18bn

Financial ratios

Data as of 5 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin14.1%14.4%13.8%12.6%13.0%17.6%
Operating margin10.4%5.8%5.3%6.1%3.2%11.2%
Net margin6.3%2.6%2.4%1.7%1.1%3.2%
Return on equity24.1%10.4%9.0%7.2%3.8%8.3%
Return on assets9.6%3.9%3.7%2.7%1.4%3.6%
Free cash flow yield-0.5%-0.4%1.2%2.5%-1.6%5.8%
Revenue growth22.0%14.2%-3.9%29.8%37.4%-25.9%
Earnings growth195.8%25.7%35.4%99.1%-53.4%102.0%
Current ratio1.65x1.55x1.66x1.55x1.49x1.67x
Debt to equity0.96x1.10x0.91x0.91x1.00x0.74x
Equity ratio39.9%37.1%41.2%38.0%36.2%43.1%
Interest coverage4.83x2.71x2.44x2.78x1.45x2.92x
Buybacks as a share of market value0.0%-0.1%0.1%-0.1%0.0%-0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.2%19.0%6.8%
Operating income31.3%17.1%22.7%
Net income71.4%36.1%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin14.2%13.7%14.0%12.7%
Operating margin8.3%7.1%7.0%5.6%
Net margin4.6%3.5%3.1%2.1%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings20.616.129.021.326.012.119.615.920.960.9
Price to sales1.30.40.70.40.30.40.20.10.30.5

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 2 Sept 2025.

FY2026FY2025FY2024FY2023FY2022FY2020FY2019FY2016
Paid in the year2.251.751.751.002.501.750.751.00

Sources and methodology

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

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