TBZNSETribhovandas Bhimji Zaveri Limited· Gems Jewellery And WatchesLowNeutral
Announced Fri, 23 May · 15:25 IST

Tribhovandas Bhimji Zaveri Limited has informed the Exchange regarding a press release dated May 23, 2025, titled "Audited Financial Results (Standalone & Consolidated) for the Quarter and Financial Year ended 31st March, 2025.".

TBZ · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

TBZ reported its FY25 results with strong full-year growth: revenue rose 14% to ₹26,205 million, EBITDA grew 27% to ₹1,761 million, and PAT climbed 34% to ₹724 million, with EPS improving to ₹10.84 from ₹8.10. Gross margin expanded 61 basis points to a decade-high 13.66% and EBITDA margin improved 71 bps to 6.72%, reflecting a richer product mix and better cost efficiency. However, Q4 FY25 showed a softer picture with PAT down 18.6% YoY to ₹102 million due to higher depreciation from new stores and a normalised tax rate. The company added 4 new stores in FY25 and 2 flagship stores post year-end (Hyderabad and Ahmedabad), expanding its footprint to 37 showrooms across 27 cities, supported by digital marketing campaigns that drove 80 million impressions and 44% growth in new customer acquisition.

Likely market impact

Strong full-year earnings with margin expansion and store network growth are positive signals for shareholders, suggesting a sustained profitable-growth trajectory. The Q4 PAT decline is a near-term concern but appears driven by investments in expansion rather than core business weakness, so the stock may respond positively to the overall FY25 performance.