Tribhovandas Bhimji Zaveri Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
TBZ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.0 pts less than Nifty Microcap 250 and 8.6 pts less than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
TBZ reported FY25 standalone revenue from operations of ₹2,62,048 lacs, up about 14% from ₹2,29,894 lacs in FY24. Standalone profit after tax rose roughly 34% to ₹7,235 lacs versus ₹5,401 lacs last year, pushing EPS to ₹10.84 from ₹8.10. Consolidated PAT grew about 26% to ₹6,838 lacs with EPS of ₹10.25. The board has recommended a final dividend of ₹2.25 per share (22.5%) for FY25, subject to shareholder approval. Statutory auditors Chaturvedi & Shah LLP issued an unmodified (clean) opinion on both standalone and consolidated results. Notably, the company reported net cash used in operating activities of ₹(2,735) lacs in FY25, compared to a positive ₹3,795 lacs in FY24, mainly due to a sharp build-up in inventory. Total assets grew to ₹1,77,806 lacs, supported by a significant rise in current borrowings to ₹69,815 lacs.
Earnings growth and a clean audit opinion are positives for shareholders, while the recommended dividend offers a reasonable income component. However, the swing to negative operating cash flow and the heavy reliance on short-term borrowings (debt nearing equity levels) raise concerns about working capital and balance sheet stress that investors should watch closely.