Tribhovandas Bhimji Zaveri LimitedTBZCorporate

Diamond Cutting / Jewellery Latest results: Jun 2026 15 quarters of data
₹759.15
MCap ₹5,066 Cr · P/E 23.6
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹841 Cr
Sales · Jun 2026
+34.8% YoY
₹72 Cr
Operating Profit · Jun 2026
+36.0% YoY
8.6%
OPM % · Jun 2026
+1.2% YoY
₹34 Cr
Net Profit · Jun 2026
+50.8% YoY
₹5.08
EPS · Jun 2026
+50.7% YoY

📝 Tribhovandas Bhimji Zaveri Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Tribhovandas Bhimji Zaveri Limited reported revenue of ₹841 crore for the quarter ended June 2026 (Q1 FY27), up 34.8% from ₹624 crore in the same quarter last year, and up 1.3% sequentially over the March 2026 quarter.

Net profit rose 50.8% year-on-year to ₹34 crore, from ₹22 crore. Earnings per share (EPS) came in at ₹5.08.

Operating profit stood at ₹72 crore — an operating margin (OPM) of 8.6%, compared with 8.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Tribhovandas Bhimji Zaveri Limited posted revenue of ₹3,203 crore, a growth of 22.2% over FY25, with a net profit of ₹203 crore (up 196.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹3,420 crore with a net profit of ₹214 crore.

Valuation snapshot

At the current price of ₹759.15, TBZ has a market capitalisation of ₹5,066 crore and a trailing P/E of about 23.6.

Within the Diamond Cutting / Jewellery industry, it is the 6th-largest of the 17 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.12%, foreign institutional investors (FIIs) 0.45%, domestic institutional investors (DIIs) 0.25%, public shareholders 25.18% of Tribhovandas Bhimji Zaveri Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹5,066 Cr
Current Price ?
₹759.1
P/E ?
23.62above ind
Industry P/E ?
16.40
P/B ?
6.05
P/S ?
1.48
P/FCF ?
316.62
Enterprise Value ?
₹5,952 Cr
EV/EBITDA ?
15.68
PEG ?
0.33
Earnings Yield ?
5.9%
Dividend Yield ?
1.15%
Profitability & Returns
Sales (TTM) ?
₹3,420 Cr
OPM ?
11.1%
Profit after tax (TTM) ?
₹214 Cr
EPS (TTM) ?
₹32.14
ROCE ?
21.0%
ROE ?
25.6%
ROA ?
10.2%
Growth
Sales — latest qtr ?
₹841 Cr
PAT — latest qtr ?
₹34 Cr
YoY qtr sales growth ?
34.8%
YoY qtr profit growth ?
50.8%
Sales growth (3y) ?
10%
Sales growth (5y) ?
19%
Profit growth (3y) ?
71%
Profit growth (5y) ?
36%
Financial Health
Debt ?
₹886 Cr
Debt to Equity ?
1.06
Interest Coverage ?
4.8
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.12%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
194.1%
Return 6 months ?
406.5%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 8124655714817415075965679285296246881,061830841 +34.8% +1.3%
Operating Profit 43313230463141356036536413111272 +36.0% -35.4%
Other Income 111122111122222 -4.3% -17.0%
Interest 111212131213131313171816191619 +6.1% +17.2%
Depreciation 666665666778689 +15.6% +7.2%
Profit Before Tax 2714151229152317421430421089047 +56.5% -48.2%
Net Profit 2012119211317123092232816834 +50.8% -50.1%
EPS 2.991.761.701.353.211.892.551.794.481.423.374.7312.0810.145.08 +50.7% -49.9%
OPM % 5.3% 6.7% 5.7% 6.2% 6.2% 6.2% 6.9% 6.2% 6.5% 6.8% 8.5% 9.3% 12.3% 13.5% 8.6% +1.2% -36.3%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹2,620 Cr ₹3,203 Cr ₹3,420 Cr +22.2%
Operating Profit ₹173 Cr ₹360 Cr ₹379 Cr +108.3%
OPM % 6.60% 11.25% 11.10% +70.5%
NPM % 2.61% 6.34% 6.27% +142.9%
Other Income ₹4 Cr ₹8 Cr ₹7 Cr +73.5%
Depreciation ₹25 Cr ₹29 Cr ₹30 Cr +14.3%
Interest ₹56 Cr ₹69 Cr ₹70 Cr +23.2%
EBIT ₹148 Cr ₹331 Cr ₹349 Cr +124.6%
PBT ₹96 Cr ₹270 Cr ₹287 Cr +181.6%
Tax ₹27 Cr ₹18 Cr ₹23 Cr -35.5%
Net Profit ₹68 Cr ₹203 Cr ₹214 Cr +196.9%
EPS ₹10.24 ₹30.32 ₹32.03 +196.1%
Material Cost ₹2,456 Cr ₹1,271 Cr ₹1,362 Cr -48.3%
Employee Cost ₹93 Cr ₹49 Cr ₹52 Cr -47.0%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 67676767 +0.0%
Reserves 494535590771 +30.7%
Borrowings 575614792886 +11.9%
Other Liabilities 339243320378 +18.1%
Total Liabilities 1,4751,4591,7692,102 +18.8%
Fixed Assets 159151164183 +11.6%
CWIP 1010 -100.0%
Investments 0000 —
Other Assets 1,3161,3081,6041,919 +19.6%
Total Assets 1,4751,4591,7692,102 +18.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 9340-2730 +211.1%
Cash from Investing Activity -7-7-45-10 +77.8%
Cash from Financing Activity -87-2985-17 -120.0%
Net Cash Flow -04132 -84.6%
Free Cash Flow 8631-3916 +141.0%
CFO/OP 82%40%-1%27% +2800.0%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 0300 —
Inventory Days 214223241249 +3.3%
Days Payable 36202724 -11.1%
Cash Conversion Cycle 178205215226 +5.1%
Working Capital Days 63736574 +13.8%
ROCE % 9%11%12%21% +75.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 74.12%74.12%74.12%74.12%74.12% +0.0%
FIIs 0.55%0.00%0.00%0.26%0.45% +73.1%
DIIs 0.00%0.00%0.00%0.00%0.25% —
Public 25.33%25.88%25.88%25.63%25.18% -1.8%
No. of Shareholders 53,83053,33251,97354,10146,200 -14.6%

⚖️ Peer comparison

Industry: Diamond Cutting / Jewellery · 17 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 SKYGOLD SKY GOLD ₹967.60 14,986 62.3 5,337 241 6.9% 4.5% 61.0% 90.4% 77.6% 85.9%
2 PCJEWELLER PC Jeweller ₹13.86 13,594 17.3 3,505 775 22.4% 22.1% 49.4% 23.7% 21.0% 37.0%
3 PNGJL P N ₹612.40 9,015 18.6 11,438 446 5.8% 3.9% 39.6% 87.8% 40.7% 52.7%
4 SENCO Senco Gold ₹333.90 5,473 9.6 9,660 571 10.3% 5.9% 32.0% 262.2% 67.4% -3.7%
5 GOLDIAM Goldiam International ₹321.80 4,845 17.2 1,074 211 21.0% 19.6% 25.1% 46.2% 41.8% 117.6%
6 TBZ Tribhovandas Bhimji ₹624.65 4,168 19.5 3,420 214 11.1% 6.3% 22.2% 196.9% 34.8% 50.8%
7 VAIBHAVGBL Vaibhav Global ₹216.26 3,627 12.7 3,795 285 10.4% 7.5% 9.3% 73.7% 12.7% 48.4%
8 DPABHUSHAN D. P. ₹1,321.60 3,017 — — — — — 10.8% 41.5% 7.1% 45.2%
9 MOTISONS Motisons Jewellers ₹17.74 2,018 26.5 510 67 17.8% 13.1% 5.9% 47.5% 23.3% 37.6%
10 RAJESHEXPO Rajesh Exports ₹62.00 1,831 10.8 887,510 168 0.0% 0.0% 84.1% 16.1% 82.7% 595.0%
11 RGL Renaissance Global ₹164.16 1,763 16.1 3,062 109 6.6% 3.6% 35.1% 22.1% 47.3% 288.8%
12 MVGJL Manoj Vaibhav ₹219.18 1,071 8.8 2,909 122 6.6% 4.2% 15.1% 14.1% 30.0% 31.3%
13 RADHIKAJWE Radhika Jeweltech ₹67.94 803 10.1 693 79 15.8% 11.5% 8.7% 30.0% 53.8% 25.5%
14 RBZJEWEL RBZ Jewellers ₹187.03 748 15.1 468 50 17.4% 10.8% -20.3% 23.5% 58.9% 29.9%
15 SILGO Silgo Retail ₹69.87 223 38.7 47 6 18.7% 12.2% 6.0% 28.4% -19.1% 9.8%
16 KANANIIND Kanani Industries ₹1.44 28 12.2 154 2 0.7% 1.5% 3.2% 230.8% -23.2% -113.8%
17 GOENKA Goenka Diamond ₹0.83 26 — 2 -1 -14.1% -53.8% 57.4% 51.4% -100.0% -35.7%
❓ Frequently asked questions
What was Tribhovandas Bhimji Zaveri Limited's revenue in Q1 FY27?
Tribhovandas Bhimji Zaveri Limited reported revenue of ₹841 crore for the quarter ended June 2026 (Q1 FY27), up 34.8% from ₹624 crore in the same quarter last year, and up 1.3% sequentially over the March 2026 quarter.
What was Tribhovandas Bhimji Zaveri Limited's net profit in Q1 FY27?
Net profit rose 50.8% year-on-year to ₹34 crore, from ₹22 crore. Earnings per share (EPS) came in at ₹5.08.
What is TBZ's market capitalisation and P/E ratio?
At the current price of ₹759.15, TBZ has a market capitalisation of ₹5,066 crore and a trailing P/E of about 23.6.
Who owns Tribhovandas Bhimji Zaveri Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.12%, foreign institutional investors (FIIs) 0.45%, domestic institutional investors (DIIs) 0.25%, public shareholders 25.18% of Tribhovandas Bhimji Zaveri Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
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