BSE:534369

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Tribhovandas Bhimji Zaveri

Executive Summary

Tribhovandas Bhimji Zaveri Limited designs, manufactures, retails, and sells jewellery primarily in India. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Tribhovandas Bhimji Zaveri's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 534369 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 534369's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

14.3%

534369

1.9%

IN Specialty Retail

3.0%

IN Market


1 Year Return

24.2%

534369

-56.8%

IN Specialty Retail

13.5%

IN Market

Return vs Industry: 534369 exceeded the Indian Specialty Retail industry which returned -57.4% over the past year.

Return vs Market: 534369 exceeded the Indian Market which returned 11.8% over the past year.


Shareholder returns

534369IndustryMarket
7 Day14.3%1.9%3.0%
30 Day27.4%10.9%12.9%
90 Day29.3%-9.3%16.1%
1 Year30.5%24.2%-54.4%-56.8%15.6%13.5%
3 Year-58.4%-61.5%-84.4%-84.5%10.0%4.6%
5 Year-43.1%-47.3%-65.4%-66.0%65.2%52.7%

Long-Term Price Volatility Vs. Market

How volatile is Tribhovandas Bhimji Zaveri's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tribhovandas Bhimji Zaveri undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 534369 (₹48.3) is trading below our estimate of fair value (₹121.9)

Significantly Below Fair Value: 534369 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 534369 is poor value based on its PE Ratio (28.6x) compared to the IN Specialty Retail industry average (12.3x).

PE vs Market: 534369 is poor value based on its PE Ratio (28.6x) compared to the Indian market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 534369's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 534369's PB Ratio (0.7x) is in line with the IN Specialty Retail industry average.


Next Steps

Future Growth

How is Tribhovandas Bhimji Zaveri forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.8%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tribhovandas Bhimji Zaveri has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Tribhovandas Bhimji Zaveri performed over the past 5 years?

32.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 534369 has high quality earnings.

Growing Profit Margin: 534369's current net profit margins (0.8%) are lower than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: 534369 has become profitable over the past 5 years, growing earnings by 32.3% per year.

Accelerating Growth: 534369's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 534369 had negative earnings growth (-36.2%) over the past year, making it difficult to compare to the Specialty Retail industry average (22.7%).


Return on Equity

High ROE: 534369's Return on Equity (2.4%) is considered low.


Next Steps

Financial Health

How is Tribhovandas Bhimji Zaveri's financial position?


Financial Position Analysis

Short Term Liabilities: 534369's short term assets (₹11.0B) exceed its short term liabilities (₹7.3B).

Long Term Liabilities: 534369's short term assets (₹11.0B) exceed its long term liabilities (₹758.3M).


Debt to Equity History and Analysis

Debt Level: 534369's debt to equity ratio (94.5%) is considered high.

Reducing Debt: 534369's debt to equity ratio has reduced from 137.8% to 94.5% over the past 5 years.

Debt Coverage: 534369's debt is well covered by operating cash flow (36.1%).

Interest Coverage: 534369's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Tribhovandas Bhimji Zaveri current dividend yield, its reliability and sustainability?

2.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 534369's dividend (2.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.51%).

High Dividend: 534369's dividend (2.07%) is in the top 25% of dividend payers in the Indian market (2.04%)


Stability and Growth of Payments

Stable Dividend: 534369 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 534369's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as 534369 has not reported any payouts.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure


CEO

Shrikant Zaveri (61 yo)

5.25yrs

Tenure

₹24,000,000

Compensation

Mr. Shrikant Gopaldas Zaveri serves as the Executive Chairman and Managing Director of Tribhovandas Bhimji Zaveri Ltd. and has been its Chief Executive Officer since September 10, 2015 and has been its Dir...


CEO Compensation Analysis

Compensation vs Market: Shrikant's total compensation ($USD325.13K) is above average for companies of similar size in the Indian market ($USD48.82K).

Compensation vs Earnings: Shrikant's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Shrikant Zaveri
Executive Chairman5.25yrs₹24.00m55.3%
₹ 1.7b
Saurav Banerjee
Chief Financial Officer6.83yrs₹10.24mno data
Niraj Oza
Head of Legalno data₹3.47mno data
Monica Bhandari
Chief Human Resource Officer4.33yrs₹11.47mno data
Raashi Zaveri
Whole-Time Director12.42yrs₹24.00m6.85%
₹ 212.6m
Binaisha Zaveri
Whole-Time Director13.42yrs₹24.00m7.92%
₹ 245.8m
Abhishek Maloo
Head of Advertising & Marketing3.67yrsno datano data
Rajeev Sagar
Head of Gold Operationsno data₹3.50m0.040%
₹ 1.2m
Divyesh Kumar Shah
Group Head of Retailno datano datano data
Mayur Choksi
Head of Diamond Operationno datano data0.040%
₹ 1.2m
Mehul Shah
Head of Financial Accounting & Auditno datano datano data
Santosh Nair
Group Head of Watchesno datano datano data

4.8yrs

Average Tenure

47.5yo

Average Age

Experienced Management: 534369's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shrikant Zaveri
Executive Chairman5.25yrs₹24.00m55.3%
₹ 1.7b
Raashi Zaveri
Whole-Time Director12.42yrs₹24.00m6.85%
₹ 212.6m
Binaisha Zaveri
Whole-Time Director13.42yrs₹24.00m7.92%
₹ 245.8m
Kamlesh Vikamsey
Independent Director10.33yrs₹780.00kno data
Sanjay Asher
Independent Director10yrs₹720.00k0.0094%
₹ 292.9k
Ajay Mehta
Independent Director10yrs₹870.00kno data

10.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 534369's board of directors are seasoned and experienced ( 10.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tribhovandas Bhimji Zaveri Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tribhovandas Bhimji Zaveri Limited
  • Ticker: 534369
  • Exchange: BSE
  • Founded: 1864
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: ₹3.103b
  • Shares outstanding: 66.73m
  • Website: https://www.tbztheoriginal.com

Location

  • Tribhovandas Bhimji Zaveri Limited
  • Tulsiani Chambers
  • 11th Floor, 1106 to 1121, West Wing
  • Mumbai
  • Maharashtra
  • 400021
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
534369BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2012
TBZNSEI (National Stock Exchange of India)YesEquity SharesININRMay 2012

Biography

Tribhovandas Bhimji Zaveri Limited designs, manufactures, retails, and sells jewellery primarily in India. The company offers gold, diamond studded, precious and semi-precious stone studded, and plain and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 12:12
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.