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CRISIL reaffirms BBB+ rating of TBZ’s long-term bank facilities

21 Jun 2017 Evaluate

Credit rating agency, CRISIL has reaffirmed its rating on the long term bank facilities of Tribhovandas Bhimji Zaveri (TBZ) at (BBB+/ Stable). The rating continues to reflect the company’s established market position with a strong, brand, experienced management, and moderate financial risk profile marketed by healthy net worth. These strengths are partially offset by TBZ’s exposure to intense competition in jewellery industry and large working capital requirements to fund its inventories.

Tribhovandas Bhimji Zaveri is a well known jewellery retailer in India and is primarily engaged in selling gold and diamond-studded jewellery.

Tribhovandas Bhimji Share Price

149.95 -2.15 (-1.41%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4526.30
Kalyan Jewell.India 426.90
Rajesh Exports 125.34
Senco Gold 326.45
Thangamayil Jeweller 4205.90
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