Tribhovandas Bhimji Zaveri Ltd.
•Add ratio to table
ABOUT
AI Sector View
AI GENERATEDConsumer Durables
Urban discretionary demand is mixed but investable. Credit card transactions rose 27.0% YoY (2026-06), urban CMIE sentiment was 109.5 (2026-07), and consumer spending remained large at INR 44743 billion (Jun/26), even though formal consumer confidence fell to 88.3 points (Jul/26) and debit card transactions were -9.0% YoY (2026-06). Heavy sector inflows of INR 13175 crore over 3 months to 2026-08-31 indicate strong investor positioning behind the theme.
PROS
- Company has delivered good profit growth of 36.0% CAGR over last 5 years
- Latest quarter profit grew 56.9% YoY, showing strong momentum
- Company has delivered good sales growth of 19.0% CAGR over last 5 years
- Operating margins have improved to 11.4% from 5.4%
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
CONS
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.12x)
- Though reporting repeated profits, the company pays out little dividend (8.3%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TITAN | 5005.00 | 77.14 | 444336.97 | 0.30 | 1777.00 | 62.88 | 21356.00 | 44.16 | 21.90 | 13.54 |
| KALYANKJIL | 600.65 | 43.23 | 62032.19 | 0.42 | 348.67 | 32.03 | 10588.93 | 45.68 | 24.86 | 5.97 |
| LALITHAA | 338.50 | 18.76 | 18946.18 | 0.00 | 2082.17 | — | 60312.32 | — | 43.11 | 6.18 |
| THANGAMAYL | 5135.45 | 40.82 | 15962.02 | 0.35 | 85.09 | 86.15 | 2666.38 | 71.44 | 26.62 | 5.43 |
| BLUESTONE | 890.30 | 241.52 | 13601.89 | 0.00 | 59.61 | 271.56 | 7368.46 | 1395.59 | 9.24 | 14.50 |
| PCJEWELLER | 13.70 | 17.25 | 13360.42 | 0.00 | 221.88 | 37.02 | 877.04 | 20.99 | 9.68 | 27.54 |
| SKYGOLD | 827.45 | 38.25 | 12815.04 | 0.00 | 104.90 | 140.67 | 2012.79 | 77.93 | 27.61 | 7.79 |
| AUGMONT | 886.85 | 24.27 | 8103.46 | 0.00 | — | — | — | — | 70.86 | — |
| SENCO | 346.45 | 9.95 | 5678.35 | 0.51 | 101.14 | -3.35 | 3056.03 | 67.34 | 22.86 | 6.97 |
| GOLDIAM | 324.65 | 23.18 | 4887.84 | 0.64 | 73.97 | 120.06 | 326.03 | 41.92 | 24.85 | 20.33 |
| VAIBHAVGBL | 212.80 | 12.53 | 3570.14 | 2.82 | 563.83 | 1398.27 | 9170.73 | 1026.99 | 18.41 | 10.55 |
| TBZ | 522.35 | 16.31 | 3485.67 | 0.48 | 33.92 | 50.76 | 840.97 | 34.78 | 23.29 | 8.60 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 571 | 481 | 741 | 506 | 596 | 567 | 928 | 529 | 624 | 688 | 1,061 | 830 | 841 | |
| 539 | 451 | 696 | 475 | 554 | 531 | 867 | 493 | 573 | 625 | 929 | 718 | 797 | |
| Operating Profit | 32 | 30 | 45 | 31 | 43 | 36 | 60 | 36 | 51 | 63 | 132 | 112 | 44 |
| OPM % | 5.64% | 6.16% | 6.10% | 6.12% | 7.14% | 6.39% | 6.52% | 6.85% | 8.23% | 9.17% | 12.44% | 13.45% | 5.20% |
| 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | |
| Interest | 12 | 13 | 12 | 13 | 13 | 13 | 13 | 17 | 18 | 16 | 18 | 16 | 19 |
| Depreciation | 6 | 6 | 6 | 5 | 6 | 6 | 6 | 7 | 7 | 8 | 6 | 8 | 9 |
| Profit before Tax | 15 | 12 | 29 | 15 | 25 | 18 | 42 | 14 | 28 | 41 | 110 | 90 | 46 |
| Tax % | 24.95% | 25.43% | 26.71% | 17.33% | 25.58% | 28.39% | 27.74% | 28.61% | 25.85% | 25.21% | 25.42% | 25.08% | 27.91% |
| Net Profit | 11 | 9 | 21 | 12 | 18 | 13 | 30 | 10 | 21 | 31 | 82 | 67 | 33 |
| 1.71 | 1.37 | 3.14 | 1.87 | 2.77 | 1.98 | 4.57 | 1.53 | 3.14 | 4.60 | 12.25 | 10.05 | 4.92 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,690 | 1,751 | 1,764 | 1,810 | 1,342 | 1,844 | 2,394 | 2,299 | 2,620 | 3,203 | 3,420 | |
| 1,614 | 1,674 | 1,683 | 1,693 | 1,217 | 1,766 | 2,271 | 2,154 | 2,436 | 2,837 | 3,069 | |
| Operating Profit | 76 | 78 | 81 | 117 | 125 | 78 | 123 | 145 | 184 | 366 | 350 |
| OPM % | 4.47% | 4.44% | 4.57% | 6.49% | 9.30% | 4.21% | 5.12% | 6.29% | 7.03% | 11.44% | 10.25% |
| 4 | 7 | 6 | 5 | 13 | 8 | 6 | 7 | 5 | 8 | 8 | |
| Interest | 55 | 44 | 53 | 62 | 52 | 41 | 53 | 57 | 64 | 77 | 70 |
| Depreciation | 9 | 8 | 10 | 32 | 26 | 22 | 24 | 23 | 25 | 29 | 30 |
| Profit before Tax | 16 | 32 | 23 | 29 | 60 | 23 | 52 | 71 | 100 | 268 | 286 |
| Tax % | -6.85% | 34.01% | 33.78% | 24.02% | 27.81% | 25.20% | 23.00% | 24.11% | 27.44% | 25.31% | 25.68% |
| Net Profit | 17 | 21 | 15 | 22 | 43 | 17 | 40 | 54 | 72 | 200 | 212 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 6.46 | 2.56 | 5.95 | 8.10 | 10.84 | 30.04 | — |
| Dividend Payout % | 0.00% | 23.77% | 32.70% | 30.42% | 38.72% | 39.00% | 29.43% | 21.62% | 20.75% | 8.32% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 7%
- 5 Years:
- 19%
- 3 Years:
- 10%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 36%
- 3 Years:
- 72%
STOCK PRICE CAGR
- 10 Years:
- 23%
- 5 Years:
- 47%
- 3 Years:
- 69%
- 1 Year:
- 180%
RETURN ON EQUITY
- 10 Years:
- 8%
- 5 Years:
- 11%
- 3 Years:
- 16%
- Last Year:
- 26%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 |
| 399 | 420 | 427 | 425 | 467 | 468 | 501 | 541 | 601 | 780 | |
| 550 | 570 | 607 | 609 | 400 | 567 | 554 | 599 | 771 | 868 | |
| Trade Payables | 77 | 90 | 195 | 193 | 140 | 202 | 208 | 111 | 162 | 170 |
| 102 | 82 | 144 | 203 | 186 | 202 | 207 | 219 | 239 | 341 | |
| Total Liabilities | 1,195 | 1,229 | 1,441 | 1,497 | 1,260 | 1,507 | 1,537 | 1,538 | 1,839 | 2,226 |
| 99 | 100 | 108 | 171 | 137 | 131 | 138 | 131 | 144 | 163 | |
| Capital Work in Progress | 2 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 |
| 3 | 2 | 2 | 2 | 2 | 12 | 12 | 12 | 12 | 12 | |
| 1,027 | 1,022 | 1,187 | 1,191 | 996 | 1,206 | 1,223 | 1,197 | 1,463 | 1,773 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 3 | 3 | |
| Cash & Bank | 31 | 37 | 40 | 41 | 39 | 45 | 45 | 49 | 98 | 102 |
| 33 | 68 | 105 | 92 | 86 | 113 | 118 | 133 | 117 | 174 | |
| Total Assets | 1,195 | 1,229 | 1,441 | 1,497 | 1,260 | 1,507 | 1,537 | 1,538 | 1,839 | 2,226 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 152 | 46 | 41 | 158 | 247 | -48 | 100 | 38 | -27 | 29 | |
| Cash from Investing | 1 | -5 | -19 | -4 | 6 | -11 | -6 | -6 | -44 | -9 |
| Cash from Financing | -155 | -27 | -16 | -147 | -233 | 71 | -87 | -29 | 85 | -17 |
| -2 | 7 | -4 | -4 | 3 | 3 | -0 | 3 | 14 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-11 - Tribhovandas Bhimji Zaveri Limited has informed the Exchange about Credit Rating
2026-09-10 - Tribhovandas Bhimji Zaveri Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 09, 2026. Further, the company has informed the Exchange regarding voting results.
2026-09-09 - Tribhovandas Bhimji Zaveri Limited has informed the Exchange about Summary Proceedings of the Annual General Meeting
2026-09-09 - Tribhovandas Bhimji Zaveri Limited has informed the Exchange about Shareholders meeting
2026-09-07 - Axis Capital Limited (Manager to the Offer) has submitted to the Exchange a Detailed public statement dated September 4, 2026 (the Detailed Public Statement ) in relation to the open offer to the Public Shareholders (as defined in the Public Announcement) of Tribhovandas Bhimji Zaveri Limited ( Open Offer ).
2026-09-07 - Tribhovandas Bhimji Zaveri Limited has informed the Exchange about Detailed Public Statement - Open Offer
2026-08-31 - Axis Capital Limited (Manager to the Offer) has submitted to the Exchange a copy of Public Announcement for the attention of the Public Shareholders of Tribhovandas Bhimji Zaveri Limited under Regulations 3(1), 3(2) and 4 read with Regulations 13(1), 13(2), 13(2A), 14 and 15(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto.
2026-08-31 - Tribhovandas Bhimji Zaveri Limited has informed the Exchange regarding 'Receipt of Public Announcement in relation to Open Offer'.
2026-08-31 - Tribhovandas Bhimji Zaveri Limited has informed the Exchange regarding a press release dated August 31, 2026, titled "Press Release ".
News
Recent coverage and analyst commentary for TBZ
Loading news…
AI Stock Analyst
Tribhovandas Bhimji Zaveri Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account

