Tribhovandas Bhimji Zaveri reported a strong financial performance for the year ended March 31, 2026, with profit after tax surging 177.11% year-on-year to ₹2,004.92 crore. Revenue from operations grew 22.23% to ₹32,029.53 crore, while EBITDA increased 103.42% to ₹3,582.13 crore. The Board of Directors has recommended a final dividend of ₹2.5 per equity share, subject to shareholder approval.

Quarterly Financial Performance

For the quarter ended March 31, 2026, the company recorded revenue of ₹8,296.95 crore, a 56.74% increase from ₹5,293.40 crore in the corresponding quarter of the previous year. Net profit for the quarter surged to ₹670.80 crore from ₹101.81 crore year-on-year. EBITDA reached ₹1,115.95 crore compared to ₹367 crore in the same period last year, with the margin expanding to 13.45% from 6.94%.

Full-Year Financial Performance

The operational efficiency improved markedly during FY26, with EBITDA margins expanding to 11.18% from 6.72% in the previous year. The full-year results underscore a broad-based improvement across revenue, profitability, and margins.

Operational Highlights

The jewellery retailer expanded its retail footprint during the year by opening two new Company Owned, Company Operated (COCO) flagship showrooms in C.G. Road, Ahmedabad, and Kondapur, Hyderabad. This expansion increased the company's presence to 37 showrooms across 28 cities. The growth was driven by a mix of design-led collections and an integrated marketing approach across digital and store-led channels.

Auditor and Board Approval

M/s. Chaturvedi & Shah LLP, the Statutory Auditors, issued an audit report with an unmodified opinion on the standalone and consolidated financial results. The Audit Committee reviewed the results, which were approved by the Board of Directors at their meeting held on May 27, 2026.

Tribhovandas Bhimji Zaveri Limited has announced that its board of directors will meet on Wednesday, May 27, 2026. The meeting has been convened in accordance with Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda for the upcoming board meeting includes the consideration and approval of the audited financial results. These results pertain to both the standalone and consolidated financial statements for the quarter and financial year ended March 31, 2026.

Dividend Recommendation

Furthermore, the board will deliberate on the recommendation of a dividend, if any, for the financial year ended March 31, 2026. The decision regarding the dividend payout will be subject to the approval of the board members during the meeting.

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