Revenue GrowthConsistent double-digit revenue growth in 2025 demonstrates durable consumer demand and expanding market reach for TBZ's retail jewelry network. Sustained top-line momentum supports scale economics, funds showroom and assortment investments, and underpins long-term earnings resilience if execution continues.

Improving MarginsMargin expansion—higher gross and operating margins—signals improved sourcing, pricing and operational discipline. Durable margin gains enhance cash generation potential, provide a buffer versus commodity swings, and create capacity to reinvest in stores and brand building over the medium term.

Brand & DistributionA long heritage and extensive showroom network deliver sustained brand equity and distribution advantages in bridal and investment jewelry. Trust, craftsmanship and physical presence support repeat purchases, premium pricing and lower customer-acquisition costs versus newer entrants over multiple years.

Bears Say

Cash Flow WeaknessNegative operating and free cash flows in 2025 point to structural working-capital or cash-conversion issues in a gold-intensive retail model. Ongoing cash-generation weakness increases reliance on external finance, potentially constraining store expansion and inventory funding if not remedied.

Moderate LeverageA debt-to-equity ratio around 1.2 represents moderate leverage that limits financial flexibility. Combined with recent cash-flow weakness, this elevates refinancing and interest-coverage risk, potentially restricting capital expenditure, strategic investments or weathering demand shocks over the medium term.

Commodity Price ExposureTBZ's revenue and margins are structurally exposed to gold and diamond price volatility. Prolonged commodity swings can reduce discretionary demand, compress margins through higher input costs or force inventory markdowns, complicating working-capital management and earnings predictability.

Tribhovandas Bhimji Zaveri Limited News

Tribhovandas Bhimji Zaveri Limited Reports Securities Dematerialization Compliance

The latest update is out from Tribhovandas Bhimji Zaveri Limited ( ($IN:TBZ) ). Tribhovandas Bhimji Zaveri Limited has...

5M ago

TBZ

TBZ FAQ

What was Tribhovandas Bhimji Zaveri Limited’s price range in the past 12 months?

Tribhovandas Bhimji Zaveri Limited lowest stock price was ₹147.05 and its highest was ₹232.75 in the past 12 months.

What is Tribhovandas Bhimji Zaveri Limited’s market cap?

Tribhovandas Bhimji Zaveri Limited’s market cap is ₹10.37B.

When is Tribhovandas Bhimji Zaveri Limited’s upcoming earnings report date?

Tribhovandas Bhimji Zaveri Limited’s upcoming earnings report date is May 06, 2026 which is in 73 days.

How were Tribhovandas Bhimji Zaveri Limited’s earnings last quarter?

Tribhovandas Bhimji Zaveri Limited released its earnings results on Jan 20, 2026. The company reported ₹12.083 earnings per share for the quarter, beating the consensus estimate of N/A by ₹12.083.

Is Tribhovandas Bhimji Zaveri Limited overvalued?

According to Wall Street analysts Tribhovandas Bhimji Zaveri Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Tribhovandas Bhimji Zaveri Limited pay dividends?

Tribhovandas Bhimji Zaveri Limited pays a Annually dividend of ₹2.25 which represents an annual dividend yield of 1.38%. See more information on Tribhovandas Bhimji Zaveri Limited dividends here

What is Tribhovandas Bhimji Zaveri Limited’s EPS estimate?

Tribhovandas Bhimji Zaveri Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Tribhovandas Bhimji Zaveri Limited have?

Tribhovandas Bhimji Zaveri Limited has 66,730,620 shares outstanding.

What happened to Tribhovandas Bhimji Zaveri Limited’s price movement after its last earnings report?

Tribhovandas Bhimji Zaveri Limited reported an EPS of ₹12.083 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.157%.

Which hedge fund is a major shareholder of Tribhovandas Bhimji Zaveri Limited?

Currently, no hedge funds are holding shares in IN:TBZ

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Tribhovandas Bhimji Zaveri Limited

Tribhovandas Bhimji Zaveri Limited designs, manufactures, retails, and sells jewelry primarily in India. Its products portfolio includes bangles, pendants, earrings, necklaces, bracelets, rings, and mangalsutras. The company provides products in a various styles, such as gold, diamond studded, precious and semi-precious stone studded, and plain and diamond studded platinum; Lightweight and contemporary jewelry; jewelry with colored stones studded in gold; loose diamonds; solitaires; loose precious and semi-precious stones; and jadau jewelry. As of March 31, 2022, it operated twenty-eight owned stores and three franchise stores in twenty-five cities and twelve states. Tribhovandas Bhimji Zaveri Limited was founded in 1864 and is based in Mumbai, India.