Shrikant Zaveri is the Chairman and Managing Director (CMD) of Tribhovandas Bhimji Zaveri Limited (TBZ - The Original), having taken over as the managing partner in 2001. He has over 34 years of experience and is credited with expanding the brand, which was founded in 1864, into a major retail jewelry chain across India.
Mr. Shrikant Zaveri is a doyen of the Indian Gems and Jewellery Industry and is one of the most respected personalities of the Gems and Jewellery Industry in India.
The decline appears to be driven by profit-taking after recent gains and broader weakness in the retail jewelry sector amid concerns about gold price volatility and subdued consumer demand in the domestic market.
Inside the TOP SECRET Factory where Jacob & Co watches are made
Is TBZ a good brand?
TBZ is one of India's oldest jewellers, rooted in heritage and artefacts. The brand is known for its regal gold jewellery, antique styles, bridal collections, and craftsmanship that harks back to traditional design techniques, often combined with modern elegance.
Vanraj Zaveri takes his family legacy in a new direction with the young label, Zaavorr. He steers away from a more traditional outlook towards offering jewellery that underscores elitist glamour. Vanraj Zaveri hails from the celebrated family of fifth-generation jewellers, Tribhovandas Bhimji Zaveri & Sons.
Currently, the company runs 37 showrooms across 13 states in India, of which 32 are operated by the company and the rest are franchisee stores. The company is involved in retail sales of ornaments made of gold, diamond, silver, platinum and precious stones. It is a reputed player in diamond-studded jewellery.
The company is currently considered undervalued based on its financial ratios, with a PE ratio of 16.76, an EV to EBITDA ratio of 10.45, and a PEG ratio of 0.73.
For the last 13 years the compound annual growth rate for Tribhovandas Bhimji Zaveri Ltd's net income is 1%. The projected CAGR for the next 7 years is -16%.
Gems & Jewellery company Tribhovandas Bhimji Zaveri announced Q3FY25 results. Revenue from Operations: Rs 9,278.50 million in Q3FY25, a 25.21% YoY increase from Rs 7,410 million in Q3FY24. Gross Profit: Increased 25.34% YoY in Q3FY25 to Rs 1,157.20 million.
Bharti Airtel, despite posting the highest revenue in 31 quarters, at Rs. 23,939 crore, the company ended the quarter with a net loss of Rs. Rs 15,933 crore- this is a huge loss compared to the loss of Rs. 5,237 crore posted in Q4FY20.
Our story began in 1864 with the vision of Late Shri Bhimji Zaveri's vision to give India the jewellery it deserved, that of uncompromising quality and craftsmanship. This vision was furthered by his son, Late Shri Tribhovandas Bhimji Zaveri, who expanded the business by opening new showrooms.
The founder promoter of the Company Mr. Ashokkumar Zinzuwadia is in the business of Jewellery since 1987 and started proprietorship firm in the name of M/s Radhika Jewellers. He had continued the business in the proprietorship up to June 30, 2014.
A 2019 study by Harvard Business Review found either Vanguard, BlackRock or State Street is the largest listed owner of 88% of S&P 500 companies. There is a perception that a few select companies own a vast majority of the stock market.
Tanishq is an Indian jewellery brand owned by Titan Company. Founded in 1994, it is based in Bengaluru. As of 2023, it has more than 400 retail stores across India, the UAE, the US, Singapore and Qatar.
When designer Kresha Bajaj Zaveri (32) decided to tie the knot with her jeweler beau Vanraj Zaveri, little she did know that her wedding attire would herald a new epoch in her journey as a fashion designer and an entrepreneur. Kresha is the founder and creative director of Label Kresha Bajaj, earlier known as Koecsh.
Whilst obtaining his undergraduate degree in Mumbai, Vanraj interned at a leading diamond manufacturing firm, where he graded and sorted diamonds for a year. Post which in 2009; he joined the family business, Tribhovandas Bhimji Zaveri & Sons to get first hand customer experience.
Vogue Jewellers (Pvt) Ltd , Sri Lanka's biggest gold jeweller founded in 1962 by the late Mr Sarath Hemachandra, has grown into a timeless family legacy and has now proudly stepped onto the international stage with the opening of their very first showroom in Melbourne, Australia in 2025.
