TBZ
Tribhovandas Bhimji Zaveri Limited (TBZ) Stock Analysis
Tribhovandas Bhimji Zaveri Limited is a prominent Indian jewellery retailer selling gold, diamond, and bridal ornaments. It operates showrooms across multiple states under the TBZ brand with a legacy dating to the 19th century. The company targets wedding and festive demand in organised retail jewellery. It is listed on the NSE and BSE.
Consumer Cyclical › Luxury Goods
₹624.60
+4.47% 1W | +223.30% 52W
Market Cap
4.2k CR
P/E Ratio
19.5
52W High
₹698.6
52W Low
₹110.5
Div. Yield
0.42%
Beta
0.4
50 DMA
₹445.5
200 DMA
₹236.5
Profit Margin
6.2%
Inst. Own.
0%
📊 CONSOLIDATION
📈 CONSOLIDATING UP
Fundamentals
Profit & Loss
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 571 | 481 | 741 | 507 | 596 | 567 | 928 | 529 | 624 | 688 | 1,061 | 830 | 841 |
| Expenses | 538 | 451 | 695 | 475 | 555 | 532 | 868 | 493 | 571 | 624 | 930 | 717 | 769 |
| Operating Profit | 32 | 30 | 46 | 31 | 41 | 35 | 60 | 36 | 53 | 64 | 131 | 112 | 72 |
| OPM % | 6% | 6% | 6% | 6% | 7% | 6% | 6% | 7% | 9% | 9% | 12% | 14% | 9% |
| Other Income | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Interest | 12 | 13 | 12 | 13 | 13 | 13 | 13 | 17 | 18 | 16 | 19 | 16 | 19 |
| Depreciation | 6 | 6 | 6 | 5 | 6 | 6 | 6 | 7 | 7 | 8 | 6 | 8 | 9 |
| Profit before tax | 15 | 12 | 29 | 15 | 23 | 17 | 42 | 14 | 30 | 42 | 108 | 90 | 47 |
| Tax % | 25% | 26% | 26% | 17% | 27% | 30% | 28% | 30% | 24% | 25% | 26% | 25% | 27% |
| Net Profit | 11 | 9 | 21 | 13 | 17 | 12 | 30 | 9 | 22 | 32 | 81 | 68 | 34 |
| EPS in Rs | 1.70 | 1.35 | 3.21 | 1.89 | 2.56 | 1.79 | 4.48 | 1.42 | 3.37 | 4.72 | 12.08 | 10.14 | 5.08 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,934 | 1,655 | 1,690 | 1,751 | 1,764 | 1,810 | 1,342 | 1,844 | 2,394 | 2,299 | 2,620 | 3,203 | 3,420 |
| Expenses | 1,854 | 1,612 | 1,617 | 1,672 | 1,681 | 1,690 | 1,216 | 1,762 | 2,269 | 2,153 | 2,439 | 2,834 | 3,040 |
| Operating Profit | 80 | 42 | 73 | 79 | 83 | 120 | 126 | 82 | 124 | 146 | 181 | 369 | 380 |
| OPM % | 4.2% | 2.6% | 4.3% | 4.5% | 4.7% | 7% | 9% | 4.4% | 5% | 6% | 7% | 12% | 11% |
| Other Income | 23 | 4 | 3 | 6 | 4 | 2 | 12 | 8 | 5 | 6 | 4 | 7 | 7 |
| Interest | 57 | 61 | 55 | 44 | 53 | 62 | 52 | 41 | 53 | 57 | 64 | 77 | 70 |
| Depreciation | 9 | 10 | 9 | 9 | 10 | 32 | 27 | 23 | 24 | 24 | 25 | 29 | 30 |
| Profit before tax | 38 | -26 | 12 | 32 | 23 | 28 | 60 | 26 | 52 | 72 | 96 | 270 | 287 |
| Tax % | 36% | 7% | -10% | 34% | 33% | 24% | 28% | 22% | 23% | 24% | 29% | 25% | |
| Net Profit | 24 | -28 | 13 | 21 | 16 | 21 | 43 | 20 | 40 | 54 | 68 | 202 | 214 |
| EPS in Rs | 3.65 | -4.13 | 1.94 | 3.19 | 2.33 | 3.21 | 6.48 | 3.02 | 6.02 | 8.16 | 10.25 | 30.32 | 32.02 |
| Dividend Payout % | 27% | 0% | 0% | 24% | 32% | 31% | 39% | 33% | 29% | 21% | 22% | 8% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 10.0% | 19.0% | 7.0% |
| Profit CAGR | 71.0% | 36.0% | 25.0% |
Shareholding Pattern
Promoters74.12%
Public25.88%
Promoters74.12%
Public25.88%
Promoters74.12%
FIIs0.26%
Public25.63%
Promoters74.12%
FIIs1.47%
Public24.41%
Promoters74.12%
FIIs0.45%
DIIs0.25%
Public25.18%
Promoters74.12%
FIIs0.60%
Public25.27%
Promoters74.12%
FIIs1.02%
Public24.87%
Promoters74.12%
FIIs0.64%
Public25.26%
Promoters74.12%
FIIs0.26%
Public25.63%
Promoters74.12%
FIIs0.45%
DIIs0.25%
Public25.18%
TBZ
Holdings Analysis
Key strengths & risk signals
83
Overall
74
Fundamental
92
Technical
Risks (1)
LOW MARGIN! 6.2% profit margin - thin profits.
Strengths (4)
UNDERVALUED! PEG of 0.27 indicates stock is cheap relative to growth.
BULLISH TREND! 50-day average (445.5) is above 200-day average (236.5) - positive signal.
EXCELLENT YEAR! Stock gained 223.3% in the last year.
BULLISH SENTIMENT! In last 30 days: 18 up days, 12 down days. Avg volume on up days: 3,543,133 vs down days: 1,086,275. Ratio: 3.26x
Fundamental & Technical Analysis
83Overall
74Fundamental
92Technical
Fundamental Breakdown
Growth Quality
26/30
Revenue CAGR: 10.2% (GOOD, 11/15). Profit CAGR: 71.4% (EXCELLENT, 15/15).
Profit Margin
3/10
LOW MARGIN! 6.2% profit margin - thin profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.27 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.42% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 25.31% public ownership - balanced ownership structure.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (445.5) is above 200-day average (236.5) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (624.6) is above both moving averages.
Trend Pattern
14/20
Current trend: CONSOLIDATING UP
52W Performance
10/10
EXCELLENT YEAR! Stock gained 223.3% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 18 up days, 12 down days. Avg volume on up days: 3,543,133 vs down days: 1,086,275. Ratio: 3.26x
RSI
3/5
BULLISH! RSI at 62.4 - positive momentum.
52W Range
5/5
STRONG! Trading at 87.4% of 52W range - near yearly highs.
Momentum
5/5
STRONG MOMENTUM! Price has grown across all timeframes - up 4.5% (1 week), 18.7% (1 month), 140.3% (3 months). Momentum is accelerating.
Beta
5/5
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
Peer Comparison
Consumer Cyclical · Luxury Goods · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TBZ | ₹624.60 | 19.5 | 6.2% | 10.2% | 71.4% | +223.3% | 83 | CONSOLIDATING UP | +50.7% | -49.9% | +34.8% | +1.3% |
| GOLDIAM | ₹307.60 | 22.2 | 19.7% | 22.4% | 26.4% | +9.9% | 66 | BREAKDOWN | +120.2% | +98.9% | +41.9% | +39.0% |
| KDDL | ₹3,842.40 | 48.7 | 4.2% | 24.3% | 18.0% | +43.0% | 71 | BREAKDOWN | +44.1% | +16.2% | +36.3% | +10.2% |
| VAIBHAVGBL | ₹199.70 | 11.8 | 7.5% | 11.1% | 36.4% | -8.5% | 65 | BREAKDOWN | +50.0% | -38.1% | +12.7% | -1.9% |
| SHANTIGOLD | ₹386.70 | 13.6 | 6.4% | 43.8% | 91.9% | +76.6% | 88 | BREAKOUT | +46.8% | -2.7% | +144.7% | +8.7% |
| SHRINGARMS | ₹265.40 | 20.1 | 4.9% | 41.4% | 70.4% | +7.7% | 83 | BREAKOUT | +19.3% | 0.0% | +64.9% | -24.4% |
| PNGSREVA | ₹667.90 | 19.3 | 16.8% | 30.2% | 7.7% | +67.1% | 80 | BREAKOUT | +267.6% | +27.1% | +119.7% | -14.6% |
| MOTISONS | ₹17.50 | 27.8 | 13.1% | 10.2% | 42.1% | +1.9% | 78 | APPROACHING SUPPORT | +37.5% | +32.5% | +23.3% | -22.0% |
Data from TradeAlone · Updated daily
