U. H. Zaveri Ltd (UHZAVERI) Share Price & Fundamentals

What we do

U. H. Zaveri Ltd is a gems and jewellery company based in Ahmedabad, specializing in wholesale, retail, and trading of custom and branded jewellery collections.

Founded in

1,999

Market share

A well-recognized regional jewellery retailer with a growing presence post its 2018 public listing.

Problem solved

Provides quality, diverse jewellery options including customized pieces at reasonable prices meeting evolving customer preferences.

Top clients or who we serve

Retail customers in Ahmedabad and wholesale clients; operates primarily B2C with some B2B trading.

Key management

Mr. Hitesh Mahendrakumar Shah (Managing Director) and Mr. Mahendrakumar Hargovandas Shah (Director) lead the company.

Our journey and innovations

Founded in 1999, converted to a public company in 2017, and raised capital via public issue in 2018 to expand operations.

Where we operate

Operations concentrated in Ahmedabad, Gujarat, India, with showroom on Nikol Road.

Top products or what we offer

Offers contemporary, antique, kundan, polka, temple jewellery, customized designs, gold and silver articles.

Top brands

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Raw materials needed

Gold, silver, precious and semi-precious stones for jewellery manufacturing.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue primarily cyclical, driven by jewellery demand and seasonal trends.

Our industry position

Steadily establishing a foothold in Ahmedabad’s competitive jewellery market with quality offerings.

Financial highlights

2024-25 revenue Rs 436.86 lacs; net profit Rs 20.88 lacs; reflecting industry challenges.

Geographical revenue split

Revenue generated mainly from Gujarat region, especially Ahmedabad.

Order book

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Whats driving growth

Demand for customized jewellery, brand reputation, and expansions post-public listing driving growth.

Our future plans

Focus on expanding showroom presence and enhancing product portfolio to capture wider customer base.

Our green promise

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Our people and values

Commitment to ethical business with focus on customer satisfaction and employee welfare.

Key challenges ahead

Competition, fluctuating precious metal prices, and maintaining profitability amid cost pressures.

Interesting facts

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Risks and strategy

Mitigates risks through quality control, risk management policies, and maintaining strong stakeholder relationships.