What we do RBZ Jewellers Ltd is a leading organized manufacturer and retailer of gold jewellery in India, specializing in Antique Gold designs with nationwide wholesale and retail presence. |
Founded in 2,008 |
Market share Holds approximately 1% of the organized wholesale gold jewellery market in India with a strong presence in 20 states and 72 cities. |
Problem solved Addresses need for high-quality, authentic antique gold jewellery combining traditional craftsmanship with modern technology, ensuring trust and transparency in the jewellery market. |
Top clients or who we serve Serves over 190 wholesale retailers including Titan, Malabar Gold, Senco; also operates retail store targeting B2B and B2C customers. |
Key management Rajendrakumar K. Zaveri (Chairman & Managing Director), Harit R. Zaveri (Joint Managing Director & CFO), Heli Akash Garala (Company Secretary). |
Our journey and innovations Started as private company in 2008, converted public in 2023, developed advanced manufacturing using casting, laser, 3D printing blending craftsmanship and tech. |
Where we operate Operates across India with manufacturing facility and flagship retail showroom in Ahmedabad, serving clients nationwide. |
Top products or what we offer Gold jewellery specializing in Antique Gold including Jadau, Meena, Kundan; also silver, studded jewellery; products include bangles, chains, necklaces, rings, earrings. |
Top brands Harit Zaveri Jewellers - Retail flagship brand in Ahmedabad, known for bridal and daily wear collections. |
Raw materials needed Gold, silver, gemstones, pearls, alloys for jewellery manufacturing. |
Raw materials supplier Raw materials sourced from trusted suppliers in India aligned with quality standards. |
Recurring vs cyclical contribution Revenue mix includes recurring job work contracts and cyclical retail and wholesale demand tied to festivals and weddings. |
Our industry position Prominent player among organized antique gold jewellery manufacturers with integrated manufacturing and retail capabilities. |
Financial highlights FY25 revenue ₹530.15 crore, net profit ₹38.8 crore; 62% revenue and 80% profit growth year-on-year. |
Geographical revenue split Entire revenue generated from India, spanning 20 states and 72 cities. |
Order book Not explicitly reported in available data. |
Whats driving growth Strong demand driven by festive and wedding seasons, expansion of retail footprint, product innovation, and digital marketing. |
Our future plans Opening 4 new retail showrooms in Gujarat by FY27 and expanding manufacturing capacity as per demand. |
Our green promise Committed to energy conservation and sustainable practices in manufacturing. |
Our people and values Employs 285 workers including 56 women; Great Place to Work certified focusing on employee development and inclusion. |
Key challenges ahead Managing production capacity utilization, increasing market share amid competition, and sustaining growth in volatile markets. |
Interesting facts Operates a modern 23,966 sq ft facility incorporating advanced tech like 3D printing, casting, and laser engraving. |
Risks and strategy Risk management policies in place; strategy focuses on integrated manufacturing, ethical practices and strong retailer relationships. |
