TBZ · Tribhovandas Bhimji Zaveri Ltd · Retail (Specialty)
TBZ · Tribhovandas Bhimji Zaveri Ltd · Retail (Specialty)
As of 05 Nov close
52-week range
23.0% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹841 Cr
Revenue YoY
PAT YoY
+50.8%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
4.2
P/S (TTM)
1
Sector P/E
14.2
Dividend yield
+0.5%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| TBZ (this stock) | 6.1 | 4.2 | +6.3% | +25.5% | 1.06 | +0.5% |
| Kalyan Jewellers India | 43 | 9.4 | +3.8% | +24.3% | 27.12 | +0.3% |
| Thangamayil Jewellery | 50.9 | 10.8 | +4.1% | +27.6% | 0.64 | +0.3% |
| Honasa Consumer | 59.9 | 14.2 | +9.8% | +17.6% | 0.1 | +0.6% |
Promoter
stable
FII
rising 1q
MF
Not available from data source
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 30 Oct 2026 | Shrikant Gopaldas Zaveri | SELL | 3,34,02,275 | ₹698 Cr |
| 30 Oct 2026 | Bindu Shrikant Zaveri | SELL | 35,00,000 | ₹73.15 Cr |
| 30 Oct 2026 | Binaisha Shrikant Zaveri | SELL | 52,85,000 | ₹110 Cr |
| 30 Oct 2026 | Raashi Shrikant Zaveri | SELL | 45,72,500 | ₹95.57 Cr |
| 30 Oct 2026 | Tribhovandas Bhimji Zaveri (TBZ) Private Limited | SELL | 13,50,000 | ₹28.22 Cr |
| 30 Oct 2026 | Tribhovandas Bhimji Zaveri Jewellers (Mumbai) Private Limited | SELL | 13,50,000 | ₹28.22 Cr |
| 30 Oct 2026 | GRT Jewellers (India) Private Limited | BUY | 4,94,59,775 | ₹1,034 Cr |
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-09-09 | TBZ | 334528 | 1 | WEAK | BULK |
| 2026-09-03 | TBZ | 361896 | 1 | WEAK | BULK |
| 2026-09-02 | TBZ | 7351581 | 9 | WEAK | BULK |
| 2026-09-01 | TBZ | 2659310 | 6 | MEDIUM | BULK |
| 2026-08-21 | TBZ | 368884 | 1 | WEAK | BULK |
| 2026-08-12 | TBZ | 396931 | 1 | WEAK | BULK |
| 2026-07-28 | TBZ | 264647 | 1 | STRONG | BULK |
| 2026-07-16 | TBZ | 1418420 | 3 | WEAK | BULK |
| 2026-07-15 | TBZ | 1418420 | 3 | WEAK | BULK |
| 2026-07-14 | TBZ | 3135520 | 5 | WEAK | BULK |
| 2026-07-09 | TBZ | 3135360 | 6 | WEAK | BULK |
| 2026-05-29 | TBZ | 284833 | 1 | STRONG | BULK |
News timeline
- lowbusiness-standard.com· 16 Oct 2026, 12:39 pmSenco, PC Jeweller zoom up to 17%; why are gold-related stocks dazzling?
- mediumcorporate actionthehindubusinessline.com· 13 Oct 2026, 08:29 pmCCI approves GRT Jewellers’ ₹1,034-crore stake acquisition in TBZ
- mediumsector policybusiness-standard.com· 01 Sept 2026, 01:18 pmTitan to Kalyan: Jewellery stocks tank up to 7%; what dented their sheen?
- highcorporate actioneconomictimes.indiatimes.com· 01 Sept 2026, 12:16 amGRT Jewellers to buy out TBZ promoters for ₹1,034cr
- unknowneconomictimes.indiatimes.com· 31 Aug 2026, 01:28 pmPriority Jewels IPO Day 2: Issue book over 15 times so far, GMP signals 23% listing gain. Should you subscribe?
- unknowneconomictimes.indiatimes.com· 31 Aug 2026, 09:00 amPriority Jewels IPO Day 2: GMP points to 23% listing gains. Is it time to subscribe?
- unknowneconomictimes.indiatimes.com· 27 Aug 2026, 10:07 pmPriority Jewels IPO: Co raises Rs 27 crore from Whiteoak Capital and others in anchor round
- lowbusiness-standard.com· 11 Aug 2026, 08:43 amQ1 results: Siemens, MRF, Zydus Lifesciences, RVNL, and 344 more on Aug 11
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation from Tribhovandas Bhimji Zaveri Limited (TBZ) reported significant financial growth for Q4 FY26 and the full fiscal year. Revenue from operations increased by 56.74% year-on-year in Q4, reaching ₹8,297 million, while FY26 revenue grew by 22.23% to ₹32,030 million. Gross profit saw a substantial rise of 99.79% in Q4, with gross margin expanding to 18.93%. EBITDA increased by 204.01% in Q4, reaching ₹1,116 million, and PAT surged by 558.85% to ₹671 million. The presentation highlighted strategic retail expansion, with new showrooms opened in key markets, and successful marketing campaigns that drove customer engagement. TBZ's commitment to corporate social responsibility was also noted, with initiatives supporting women's empowerment and inclusive education. Overall, the document emphasized strong operational performance and strategic growth initiatives.
Management highlighted significant financial growth and strategic initiatives during the presentation.
Sourced from an exchange-filed presentation, dated 28 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedTribhovandas Bhimji Zaveri Limited (TBZ) emphasizes its heritage, craftsmanship, and customer trust as core strengths in its FY2025-26 annual report. The company highlights its diversified jewellery portfolio, strong domestic presence, and commitment to in-store experience. TBZ also outlines its social initiatives, including the Pankhi program for women empowerment and environmental sustainability efforts. The report notes the Indian jewellery sector's growth potential, driven by domestic demand, cultural significance of gold, and expanding organised retail. Management focuses on expanding retail footprint and digital engagement to strengthen market position.
- Rooted in heritage and craftsmanship with strong consumer trust
- Diversified jewellery portfolio catering to traditional and contemporary preferences
- Robust domestic strategy with pan-India retail presence
- Commitment to women empowerment through the Pankhi initiative
- Focus on digital engagement and expanding retail footprint
Key takeaway: TBZ leverages its heritage, craftsmanship, and customer trust to strengthen its position in India's growing jewellery sector, supported by strategic retail expansion and social initiatives.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
1 occurrenceRecent (last 12 months)
The company received non-compliance notices from BSE and NSE under Regulation 17(1A) of the Listing Regulations and submitted clarifications on 28th November 2023.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities, as indicated under section 39.3 of the financial statements, though the specific details of the claims are not fully disclosed in the provided excerpt.
Earlier (1-3 years ago)
The company has contingent liabilities of ₹5.10 lacs for sales tax matters and ₹1.87 lacs for custom duty matters, with no likely reimbursement from other parties.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The company has disclosed related party transactions involving Key Managerial Personnel and their relatives, including payments of remuneration, dividends, and sale of goods with entities under their significant influence or control, such as Tribhovandas Bhimji Zaveri Pvt Ltd and Tribhovandas Bhimji Zaveri Jewellers (Mumbai) Pvt Ltd, with amounts totaling over 2,068.09 lakh during the year.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has unpaid statutory dues under the Customs Act, 1962 (₹23.13 lacs) and Maharashtra Value Added Tax Act, 2002 (₹281.90 lacs) with disputes pending before the Commissioner of Customs (Appeals) and Joint Commissioner of Sales Tax (Appeals), respectively.
Earlier (1-3 years ago)
The company has unpaid statutory dues under the Customs Act, 1962 and Maharashtra Value Added Tax Act, 2002, with amounts of ₹23.13 lakhs and ₹281.90 lakhs respectively, and disputes pending before the commissioner of Customs (Appeals) and Joint Commissioner of Sales Tax (Appeals).