Tribhovandas Bhimji Zaveri Ltd (TBZ)

Tribhovandas Bhimji Zaveri Ltd (TBZ) is a leading player in the organised jewellery markets with a legacy dating back over 150 years. It was the first jeweller to offer buyback guarantees for jewellery purchased in 1938. The company leverages strong creative designers, skilled craftsmanship and modern research to deliver products to match the latest trends and consumer preferences. TBZ has a retail presence of 110666 sq. ft. across 37 showrooms in 26 cities over 11 Indian states. They primarily sell gold jewellery and diamond-studded jewellery as well as other products such as platinum and jadau jewellery, all under the brand name ‘Tribhovandas Bhimji Zaveri’. The company also offers jewelleries from various parts of the world and customizes jewelleries for individual needs. TBZ also has a state-of-the-art manufacturing facility in Kandivali, Mumbai with an annual capacity of 200000 carats of diamond jewelry, 4000 kg of gold and 4500 kg of gold jewellery components. The company came out with an initial public offering in 2012 with the aim of expanding their retail footprint. They also launched collections such as the ‘New Age Brides Wedding Collection’ and an ‘Everyday Wear Diamond Collection’, catering to different customers’ needs and preferences. Recently, TBZ opened four owned mall stores in different locations and also two franchisee stores, adding up the total showrooms to 37.

Share Price: ₹122.10 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹821.79Cr as of today
Revenue: ₹740.99Cr as on December 2023 (Q4 23)
Net Profit: ₹21.44Cr as on December 2023 (Q4 23)
Listing date: 09 May, 2012
Chairperson Name: Shrikant G Zaveri