Tribhovandas Bhimji Zaveri Ltd (TBZ) — shareholding pattern, promoter holding, financials and share price
About Tribhovandas Bhimji Zaveri Ltd (TBZ)
Tribhovandas Bhimji Zaveri Ltd operates in the Gems, Jewellery And Watches industry, within the Consumer Durables sector. It trades on the NSE as TBZ and on the BSE under scrip code 534369. Its ISIN is INE760L01018.
Incorporated in 2007, Tribhovandas Bhimji Zaveri Ltd is in the business of retail sales of ornaments made of gold, diamond, silver, platinum and precious stones [1]
Tribhovandas Bhimji Zaveri Limited (TBZ) is a leading player in India's organized jewelry market, known for its quality, craftsmanship, and legacy dating back over 160 years. The company specializes in gold and diamond-studded jewelry with an extensive retail presence across India.
TBZ reported significant financial growth in Q3 FY26 with a revenue increase of 14.40% YoY, reaching ₹10,614 million. Gross profit and EBITDA grew by 60.30% and 118.16% respectively, showcasing operational efficiency and cost control benefits.
Listed peers in Gems, Jewellery And Watches: Motisons Jewellers Ltd, Khazanchi Jewellers Ltd, Shanti Gold International Ltd, PNGS Reva Diamond Jewellery Limited, Renaissance Global Ltd, Utssav CZ Gold Jewels Ltd.
Valuation & Returns
10 Jul 2026At ₹228 a share on 10 Jul 2026, Tribhovandas Bhimji Zaveri Ltd (TBZ) was valued at a price-to-earnings ratio of 7.52x against an industry P/E of 50.62x and a price-to-book of 2.32x on a book value of ₹98.49 per share as of Mar 2025. Solomo computes return on equity of 30.78% and return on capital employed of 23.39% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 7.52x
- Industry P/E
- 50.62x
- P/B
- 2.32x
- EPS (TTM)
- ₹30.32
- Book value / share
- ₹98.49
- ROE
- 30.78%
- ROCE
- 23.39%
- ROA
- 11.43%
- Debt / equity
- 1.2x
- Dividend yield
- 0.99%
- EBITDA margin
- 11.5%
- 52-week range
- ₹110.95 – ₹242.15
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Tribhovandas Bhimji Zaveri Ltd (TBZ) reported revenue of ₹3,203 crore, net profit of ₹202 crore and earnings per share of ₹30.32. That compares with revenue of ₹2,620 crore and net profit of ₹68 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹830 crore and net profit ₹68 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,844 | 2,394 | 2,299 | 2,620 | 3,203 |
| Net profit (₹ cr) | 20 | 40 | 54 | 68 | 202 |
| EPS (₹) | 3.02 | 6.02 | 8.16 | 10.25 | 30.32 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 5.24% | 7.68% | 12.43% | 14.07% |
| Profit growth | - | 26.96% | 61.70% | 25.65% |
| Stock price CAGR | 14% | 26% | 44% | 30% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.12% of Tribhovandas Bhimji Zaveri Ltd (TBZ) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.47% and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹1,521 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2012.
Largest disclosed public shareholders in Jun 2026: VIJAYKUMAR CHHOTABHAI KALIDAS PATEL 1.03%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.12% | - | 1.47% | 0% | 25.88% |
| Mar 2026 | 74.12% | - | 0.26% | 0% | 25.88% |
| Dec 2025 | 74.12% | - | 0% | 0% | 25.88% |
| Sep 2025 | 74.12% | - | - | 0% | 25.88% |
| Jun 2025 | 74.12% | - | 0.55% | 0% | 25.88% |
| Mar 2025 | 74.12% | - | 0.63% | 0% | 25.88% |
| Dec 2024 | 74.12% | - | 0.61% | 0.07% | 25.88% |
| Sep 2024 | 74.12% | - | 0.91% | 0.12% | 25.88% |