What we do Tribhovandas Bhimji Zaveri Ltd is a leading Indian jeweller specializing in gold and diamond jewellery, offering diverse regional and international designs across retail stores. |
Founded in 2,007 |
Market share Strong presence with 37 stores in 27 cities and 13 states; leader in wedding and occasion jewellery segments. |
Problem solved Provides certified, lightweight, and hallmark gold and diamond jewellery meeting consumer preferences and ensures trust through lifetime buyback. |
Top clients or who we serve Mainly caters to individual retail customers in India with a focus on wedding and occasion segments, through owned and franchise stores. |
Key management Shrikant Zaveri (Chairman & Managing Director), Binaisha Zaveri (Whole-time Director), Raashi Zaveri (Whole-time Director). |
Our journey and innovations Established retail identity in 2007; first in India with lightweight jewellery, lifetime buyback, certified solitaires, 100% BIS hallmark; expanded retail footprint widely. |
Where we operate Operations across India in 27 cities and 13 states; retail presence includes Mumbai, Hyderabad, Ahmedabad, Jaipur, and more. |
Top products or what we offer Gold jewellery, diamond-studded jewellery, platinum, jadau pieces; flagship collections include New Age Brides, Dohra detachable jewellery, and Riwayat bridal. |
Top brands TBZ - The Original, Dohra (detachable bridal jewellery), New Age Brides Wedding Collection, Arya gold collection, Hues diamond collection. |
Raw materials needed Gold bullion, certified diamonds, platinum, jadau materials sourced through banks, bullion dealers, DTC diamond holders, and suppliers. |
Raw materials supplier Banks (gold loans), bullion dealers, DTC site holders for diamonds, and a network of 150+ manufacturing vendors. |
Recurring vs cyclical contribution Revenue largely cyclical, tied to festivals, weddings, and occasions, but steady due to multi-generational clientele and diversified offerings. |
Our industry position A leader in organized Indian jewellery retail with consistent revenue growth, strong margins, and a trusted heritage brand. |
Financial highlights FY 2024-25 revenue approx. Rs. 26,205 crore; net profit approx. Rs. 723 crore; 14% revenue growth year-on-year; EBITDA margin improved over 6%. |
Geographical revenue split 100% revenue from Indian operations across multiple states and cities. |
Order book - |
Whats driving growth Brand strength, innovative product launches, retail expansion, festive and bridal season demand, digital marketing, and franchise development. |
Our future plans Expand retail footprint with new owned and franchise stores; invest in digital platforms and enhanced product lines like detachable jewellery. |
Our green promise Active CSR programs include women empowerment and inclusive education initiatives; committed to sustainability and community development. |
Our people and values Led by fifth-generation family management with professional teams; values multigenerational loyalty and customer-centric culture. |
Key challenges ahead Volatility in gold prices, competition, need for continuous innovation, and managing supply chain risks. |
Interesting facts First in India to offer lifetime buyback and certified solitaires; legacy spanning over 160 years. |
Risks and strategy Mitigates gold price risks via bank gold leases; leverages brand trust and retail expansion to offset market cyclicality. |
