The Board of Directors at their meeting held today i.e., May 27, 2026 have recommended Dividend for the Financial Year ended March 31, 2026 of Rs. 2.5/- per Equity Share.
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The Board of Directors of Tribhovandas Bhimji Zaveri Ltd has recommended a final dividend of Rs. 2.5 per equity share (25% on face value of Rs. 10) for FY ended March 31, 2026, subject to shareholder approval at the ensuing AGM. The company delivered exceptional FY26 performance with revenue from operations growing 22.23% YoY to Rs. 3,202.95 crore, EBITDA more than doubling by 103.42% to Rs. 358.21 crore, and PAT surging 177.11% to Rs. 200.49 crore. EBITDA margin expanded to 11.18% from 6.72%, marking the company's first double-digit margin profile. The dividend amounts to approximately Rs. 16.68 crore based on 6.67 crore shares outstanding.
The recommended dividend at 25% payout represents a modest distribution given the company's strong profit growth. The exceptionally strong FY26 results with margin expansion should support the stock positively, though the dividend yield remains low given current market prices for mid-cap jewellery companies.