Tribhovandas Bhimji Zaveri Ltd Stock Analysis

BSE: 534369 | NSE: TBZ | Diamond & Jewellery | Small Cap

BSE Share Price 09-Jun-2023 18:01
89.13 1.52 (1.73%)

DeciZen - Make an Informed Decision on Tribhovandas Bhimji

Overall Rating

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Tribhovandas Bhimji Price Chart

P/E Ratio ( CD) :
Market Cap :
594.8 Cr.
52-wk low :
52-wk high :
Bole Toh?

1. Is Tribhovandas Bhimji Zaveri Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tribhovandas Bhimji Zaveri Ltd is a average quality company.

2. Is Tribhovandas Bhimji Zaveri Ltd undervalued or overvalued?

The key valuation ratios of Tribhovandas Bhimji Zaveri Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Tribhovandas Bhimji Zaveri Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Tribhovandas Bhimji Zaveri Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Tribhovandas Bhimji:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Tribhovandas Bhimji Zaveri Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

ROCE % 17%9.9%5.5%2.1%4.9%5.1%5%6.2%8.2%5.1%-
Value Creation Index 0.2-0.3-0.6-0.9-0.7-0.6-0.7-0.6-0.4-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,6581,8241,9341,6551,6901,7511,7641,8101,3421,8442,393
YoY Gr. Rt. %-10%6%-14.5%2.1%3.6%0.7%2.6%-25.9%37.4%-
YoY Gr. Rt. %--35.3%-68.8%-220.3%NA64.1%-26.6%44.7%90.3%-53.2%-
BVPS (₹) 61.46769.565.468.371.472.57278.479.184
Adj Net Profit 84.554.717.1-20.61321.315.722.743.220.240
Cash Flow from Ops. -303-30.214.814.115341.532.4149231-66.2-
Debt/CF from Ops. -1.4-18.839.7463.613.718.73.71.6-7.7-


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.2%1.8%1.5%37.4%
Adj EPS -14.7%9.2%8.8%-53.2%
BVPS 2.932.90.9
Share Price -9.6% -0.5% 44.7% 48.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on Equity % 29.712.83.8-
Op. Profit Mgn %
Net Profit Mgn % 5.130.9-
Debt to Equity
Working Cap Days 173227234278249212242257322234252
Cash Conv. Cycle 14518819122321118620019724018589

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.40%

Debt to equity has declined versus last 3 years average to 0.96

Sales growth is good in last 4 quarters at 57.84%

Sales growth has been subdued in last 3 years 1.49%

Net Profit has been subdued in last 3 years 8.84%

Latest Financials - Tribhovandas Bhimji Zaveri Ltd.

Standalone Consolidated
TTM EPS (₹) 6 6
TTM Sales (₹ Cr.) 2,393 2,393
BVPS (₹.) 85 84
Reserves (₹ Cr.) 501 494
P/BV 1.05 1.06
PE 14.99 14.80
From the Market
52 Week Low / High (₹) 51.00 / 91.74
All Time Low / High (₹) 16.50 / 301.00
Market Cap (₹ Cr.) 595
Equity (₹ Cr.) 66.7
Face Value (₹) 10
Industry PE 70.6

Management X-Ray of Tribhovandas Bhimji :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Tribhovandas Bhimji

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)


Tribhovandas Bhimji Zaveri Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tribhovandas Bhimji on 09-Jun-2023 18:01 is : 89.13.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2023 18:01 the market cap of Tribhovandas Bhimji stood at ₹ 594.8.
The latest PE ratio of Tribhovandas Bhimji as of 09-Jun-2023 18:01 is 14.99.
The latest PB ratio of Tribhovandas Bhimji as of 09-Jun-2023 18:01 is 1.05
The 52-week high of Tribhovandas Bhimji is ₹ 91.74 and the 52-week low is ₹ 51.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Tribhovandas Bhimji is ₹ 2,393 ( Cr.) .

About Tribhovandas Bhimji Zaveri Ltd

The company’s flagship showroom in Zaveri Bazar, Mumbai was established in 1864. Since 2001, the company has opened several showrooms, including opening seven showrooms between August 2007 and October 2008. All of the company’s showrooms operate under the name of “Tribhovandas Bhimji Zaveri”. Late Shri Tribhovandas Bhimji Zaveri expanded the business by opening new showrooms. But it was his grandson, Late Shri Gopaldas Zaveri, who shook up the Indian market by offering customers a full value gold buy-back scheme.

Out of company’s 14 showrooms, 11 are termed as “large format” high street showrooms (carpet area of 3,000 sq. ft. or more) and three are termed as “small format” high street showrooms (carpet area of 1,000-3,000 sq. ft.). Four of company’s showrooms are in Mumbai, Maharashtra; one is in Thane, Maharashtra; one is in Pune, Maharashtra; two are in Hyderabad, Andhra Pradesh; one is in Vijayawada, Andhra Pradesh; one is in Ahmedabad, Gujarat; one is in Surat, Gujarat; one is in Rajkot, Gujarat; one is in Indore, Madhya Pradesh; and one is in Kochi, Kerala.

Further, the company plans to open an additional 43 showrooms (25 large format high street showrooms and 18 small format high street showrooms) by the end of Fiscal 2015, which would give them a total of 57 showrooms (with a total carpet area of approximately 150,000 square feet.) in 43 cities across 14 states.

The company is having branches in:

  • Mumbai - Zaveri Bazar, Borivali, Ghatkopar, Santacruz, Thane and Churchgate
  • Pune
  • Surat
  • Ahmedabad
  • Rajkot
  • Vadodara
  • Hyderabad - Punjagutta and Basheerbagh
  • Vijaywada
  • Indore
  • Kochi

Product Range

  • Gold - Necklaces, Ear-rings, Rings, Chain, Bangles
  • Diamond- Necklaces, Waist-belts, Ear-rings, Rings, Bangles
  • Platinium- Necklaces, Ear-rings, Love Bands, Rings, Bangles

Apart from these, the company also has Wedding, Men's, Temple, Dohra, Surprises, Showstopper and Azvaa collection.

The company is having an exclusive Kalpavruksha Plan through which one can own exquisite 22kt gold, diamond or platinum jewellry through easy installments’.


Retail Jewellers India Awards - Gold Vivah Jewellery of the Year

 Retail Jewellers India Awards - TV Campaign of the Year
 IJ Jewellers Choice Awards - Best Necklace Design
 IJ Jewellers Choice Awards - Best Bridal Design
 IJ Jewellers Choice Awards - Kundan Meena Jewellery Award

National Jewellery Award - Best Advertising Campaign of the Year (Print)
Asia Retail Congress Awards in two categories - i. Best Impactful  Retail Design and Visual Merchandising and ii. Innovative Retail Concept of the Year

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