Tribhovandas Bhimji Zaveri Limited has announced that its Chairman & Managing Director, Mr. Shrikant Zaveri, has been honored with the prestigious 'Visionary Leader of the Year' award at the Retail Jeweller MD & CEO Awards 2026. The award ceremony took place on January 7, 2026, recognizing exceptional leadership and transformative impact on the global jewellery business.

Award Recognition and Significance

The 'Visionary Leader of the Year' award is presented to individuals who demonstrate exceptional ability in driving industry growth and inspiring the next generation of professionals. This recognition highlights Mr. Zaveri's role in steering TBZ through an evolving retail landscape while maintaining the brand's core values of trust, transparency, and superior craftsmanship.

Leadership Impact and Vision

Under Mr. Zaveri's leadership, TBZ has successfully integrated modern technology with traditional artistry, ensuring the brand remains at the forefront of the luxury sector. Reflecting on the achievement, Mr. Zaveri stated: "Receiving the Visionary Leader of the Year award is a deeply humbling milestone. To me, true vision is not just about foresight; it is about recognizing untapped possibilities, empowering our people, and crafting a legacy of value that transcends generations. This honour belongs to the entire TBZ team who have reimagined the future of the jewellery business alongside me."

The award reaffirms TBZ's position as a pioneer in the industry, committed to delivering world-class designs and an unparalleled customer experience.

About TBZ Limited

Tribhovandas Bhimji Zaveri Limited is India's renowned and trusted jewellery retailer with a legacy spanning more than 161 years. The company began its journey in 1864, opening its flagship store in Zaveri Bazar, Mumbai. Key highlights of the company include:

• Established itself as a preferred choice for customers in the wedding jewellery segment
• Recognized for exquisite gold and diamond jewellery designs
• First jeweller to offer a buyback guarantee on jewellery
• First to introduce 100% hallmarked jewellery in India
• Transformed from a one-store family-owned business into a professional organization
• Currently operates 37 stores across 27 cities in 12 states
• Led by the 5th generation of the founding family

Regulatory Compliance

The company has informed both the National Stock Exchange of India Limited (Symbol: TBZ) and BSE Limited (Script Code: 534369) about this recognition under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed on January 9, 2026, ensuring compliance with disclosure requirements for listed companies.

Tribhovandas Bhimji Zaveri , a prominent jewelry retailer in India, has reported impressive financial results for the second quarter, showcasing robust growth across key metrics.

Financial Highlights

*EBITDA for the previous year is calculated based on the provided margin.

Strong Performance Indicators

The company has demonstrated significant improvement in its financial performance:

• Net Profit Surge: Tribhovandas Bhimji Zaveri's net profit more than doubled, jumping from ₹132.00 crore to ₹307.00 crore year-over-year.
• Revenue Growth: The company's revenue increased by 21.1%, reaching ₹690.00 crore compared to ₹570.00 crore in the same quarter of the previous year.
• Operational Efficiency: EBITDA saw a substantial rise to ₹63.10 crore, indicating enhanced operational efficiency.
• Margin Expansion: The EBITDA margin expanded by 280 basis points, from 6.39% to 9.19%, reflecting improved profitability.

Business Momentum

The robust financial results suggest strong business momentum for Tribhovandas Bhimji Zaveri. The significant increase in revenue, coupled with an even more substantial rise in profitability, indicates that the company has effectively managed its costs while growing its sales.

The jewelry retailer's performance is particularly noteworthy given the competitive nature of the Indian jewelry market. The expansion in EBITDA margin points to potential improvements in operational efficiency, possibly through better inventory management, optimized pricing strategies, or enhanced cost control measures.

As the company continues to demonstrate strong growth, investors and market watchers may keep a close eye on Tribhovandas Bhimji Zaveri's future performance and strategies for maintaining this positive trajectory in the coming quarters.