Tribhovandas Bhimji Zaveri Ltd
TBZTribhovandas Bhimji Zaveri Ltd's earnings have outrun its stock. EPS grew +195.8% in a year against a +28.4% price move.
The sharpest disagreement: profits are rising, but only 13% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a downtrend (54 weeks in) while the P/E sits at the 10th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +655.6% year on year, and 13% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Tribhovandas Bhimji Zaveri Ltd trades at ₹258, in a downtrend and 54 weeks into that stage. That is +50.7% against its own 200-day average. It sits at 100% of a 52-week range of ₹119 to ₹258. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 13 straight weeks.
Today the stock is in a downtrend — week 54 of stage 4. At ₹258 it trades +50.7% versus its 200-day average and sits at 100% of its 52-week range (₹119–₹258).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +398% while the NIFTY 500 moved +274% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 13 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 10th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Tribhovandas Bhimji Zaveri Ltd trades at 8.5× P/E, near the bottom of its own range — cheaper only 10% of the time. Its long-run median P/E is 16.5×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 8.5× is near the bottom of its own range — cheaper only 10% of the time, against a long-run median of 16.5× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.
Why the multiple sits where it does: over the past year annual EPS moved +195.8% against a +28.4% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the +25.9%/yr price move, ~+36.2%/yr came from earnings growth and ~−10.3 pp from the multiple (compressing); over 10y, of the +13.8%/yr price move, ~+27.2%/yr came from earnings growth and ~−13.4 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Tribhovandas Bhimji Zaveri Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 10 quarters across 3 curves, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
The latest quarter’s profit carries a one-off item larger than the operating base, so the profit curve is shown but does not vote in the stage call.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +22.3% | +10.2% | +19.0% | +6.8% |
| Profit | +197.1% | +71.6% | +36.3% | — |
| EPS | +195.8% | +71.4% | +36.2% | — |
| Share price | +28.4% | +44.3% | +25.9% | +13.8% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
75.0/100 — rank 1 of 26 in Diamond, Gems & Jewellery · 83% evidence confidence
Tribhovandas Bhimji Zaveri Ltd scores 75.0 out of 100 against the 26 companies it is compared with in Diamond, Gems & Jewellery, ranking 1. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 27.9 + 15 + 14.3 + 17.8 = 75. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Tribhovandas Bhimji Zaveri Ltd reported ₹830 Cr of revenue in the Mar 26 quarter, +56.9% year on year. That is the 9th straight quarter of year-on-year growth. Over 10 years it has compounded at 6.8% a year. The last full year, FY26, came in at ₹3,203 Cr. The last four reported quarters add to ₹3,203 Cr.
Tribhovandas Bhimji Zaveri Ltd reported ₹830 Cr of revenue in the Mar 26 quarter, +56.9% year on year. That is the 9th straight quarter of year-on-year growth. Over 10 years it has compounded at 6.8% a year. The last full year, FY26, came in at ₹3,203 Cr. The last four reported quarters add to ₹3,203 Cr.
FY26 revenue came in at ₹3,203 Cr (+22.3% on the year), capping 10 years at 6.8% compound. The latest quarter (Mar 26) printed ₹830 Cr, +56.9% year on year — the 9th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +24.3% growth against the decade's 6.8% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +22.3% over the last 4 quarters against +18.0%/yr over the last 8 — accelerating; TTM profit +198.5% vs +93.9%/yr — accelerating.
→ Revenue grew — did margins hold as it scaled? Next: 14.0% this quarter (+7.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Tribhovandas Bhimji Zaveri Ltd's operating margin is 14.0% in the Mar 26 quarter, +7.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged 3.0% to 11.0%. The current quarter is running above every full year in that window.
Tribhovandas Bhimji Zaveri Ltd's operating margin is 14.0% in the Mar 26 quarter, +7.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged 3.0% to 11.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 14.0%, +7.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 3.0%–11.0%, and FY26's 11.0% is the top of that band — a record year.
Why the margin moved: operating margin went +6.7 pp year on year while gross margin went +3.3 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
→ Margins held — did that reach the bottom line? Next: profit +655.6% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Tribhovandas Bhimji Zaveri Ltd earned ₹68.0 Cr of net profit in the Mar 26 quarter, +655.6% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹202 Cr. That is 8.2% of the quarter's revenue. The same quarter a year earlier earned ₹9.0 Cr.
Tribhovandas Bhimji Zaveri Ltd earned ₹68.0 Cr of net profit in the Mar 26 quarter, +655.6% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹202 Cr. That is 8.2% of the quarter's revenue. The same quarter a year earlier earned ₹9.0 Cr.
Mar 26 profit was ₹68.0 Cr, +655.6% year on year — the 4th consecutive quarter of growth. On the full year, FY26 printed ₹202 Cr (+197.1%).
Why profit moved: revenue contributed +56.9% and the margin +7.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +255.4% vs revenue +24.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: 13% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 13% of Tribhovandas Bhimji Zaveri Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹30.0 Cr of operating cash against ₹202 Cr of profit. After ₹47.0 Cr of capital spending, ₹−17.0 Cr was left as free cash.
FY26: operating cash of ₹30.0 Cr against reported profit of ₹202 Cr, leaving free cash of ₹−17.0 Cr after ₹47.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 13% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 13%: the cash cycle tightened 54 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
→ So follow the cash to where it goes. Next: a 226-day cycle and ₹101 Cr of building.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Tribhovandas Bhimji Zaveri Ltd's cash conversion cycle runs 226 days in FY26, down from 280 days in FY21. Capital spending ran ₹101 Cr over the last 3 years. At FY26 sales of ₹3,203 Cr each day of that cycle holds about ₹8.8 Cr, so roughly ₹1,983 Cr sits inside the business at any moment.
FY26: debtors at 0 days, inventory at 249 days — roughly 8.2 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 226 days, tighter than FY21's 280.
The full loop: cash goes out to suppliers and production on day 0; stock waits 249 days to sell; customers pay about 0 days after that; and suppliers themselves are paid at 24 days — netting out to the 226-day cycle.
In money terms: at FY26 sales of ₹3,203 Cr, each day of the cycle holds about ₹8.8 Cr — so the 226-day loop keeps roughly ₹1,983 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹101 Cr over the last 3 fiscal years against ₹78.0 Cr of depreciation — building somewhat ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 21% and the ROIC − WACC spread is +4.6 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified
Tribhovandas Bhimji Zaveri Ltd earns a ROCE of 21% in FY26. That is up from a trough of 3% in FY16. Return on invested capital clears the cost of that capital by +4.6 percentage points, so growth here adds value rather than only size. The wiring behind it is 6.3% net margin on 1.52× asset turns.
FY26 ROCE is 21%, recovered from a FY16 trough of 3% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 6.3% net margin × 1.52× asset turns × 2.51× balance-sheet leverage ≈ 24.0% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 16.6% − 12.0% = a +4.6 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 1.06.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Tribhovandas Bhimji Zaveri Ltd carries total debt of ₹886 Cr against shareholder equity of ₹838 Cr as of Mar 26, a debt-to-equity of 1.06. On the annual view that ratio went from 1.11 in FY22 to 1.06 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of ₹886 Cr against shareholder equity of ₹838 Cr — a debt-to-equity of 1.06. On the annual view, debt-to-equity went from 1.11 (FY22) to 1.06 (FY26). Read the returns on this page with that leverage in mind.
→ Who owns this, and are they adding or leaving? Next: the register is quiet.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Tribhovandas Bhimji Zaveri Ltd moved a full percentage point over the last two years — the register is quiet. Promoters moved +0.0 points over the same window, to 74.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: +0.7 points over 8 quarters to 1.5%; Promoters: +0.0 points over 8 quarters to 74.1%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Tribhovandas Bhimji Zaveri Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Tribhovandas Bhimji Zaveri Ltd this page | 8.5× | ₹1,728 Cr | No read | |||
| Titan Company Ltd | 80.6× | ₹4.2L Cr | Turning around | |||
| Kalyan Jewellers India Ltd | 43.0× | ₹59,233 Cr | Consistent | |||
| Thangamayil Jewellery Ltd | 60.7× | ₹21,467 Cr | Improving | |||
| Bluestone Jewellery & Lifestyle Ltd | 209.0× | ₹11,772 Cr | — | No read | ||
| Sky Gold & Diamonds Ltd | 36.8× | ₹10,124 Cr | Mixed | |||
| PC Jeweller Ltd | 12.6× | ₹9,011 Cr | No read | |||
| P N Gadgil Jewellers Ltd | 21.3× | ₹8,780 Cr | Mixed | |||
| Senco Gold Ltd | 10.9× | ₹6,273 Cr | Turning around | |||
| Vaibhav Global Ltd | 15.7× | ₹4,216 Cr | Improving | |||
| Rajesh Exports Ltd | 20.9× | ₹3,510 Cr | Improving | |||
| D.P. Abhushan Ltd | 74.8× | ₹3,032 Cr | Consistent | |||
| Rajesh Exports Ltd | 23.3× | ₹2,626 Cr | Mixed | |||
| D.P. Abhushan Ltd | 12.3× | ₹2,295 Cr | Consistent | |||
| Shringar House of Mangalsutra Ltd | 18.3× | ₹2,118 Cr | No read | |||
| Khazanchi Jewellers Ltd | 24.0× | ₹1,836 Cr | No read | |||
| Khazanchi Jewellers Ltd | 18.6× | ₹1,666 Cr | No read | |||
| Motisons Jewellers Ltd | 25.2× | ₹1,612 Cr | Mixed | |||
| Shanti Gold International Ltd | 10.9× | ₹1,523 Cr | No read | |||
| PNGS Reva Diamond Jewellery Limited | 19.9× | ₹1,287 Cr | — | — | — | — |
| Utssav CZ Gold Jewels Ltd | 21.1× | ₹1,248 Cr | No read | |||
| Asian Star Company Ltd | 24.0× | ₹971 Cr | Turning around | |||
| PNGS Gargi Fashion Jewellery Ltd | 25.8× | ₹785 Cr | Mixed | |||
| SJ Corporation Ltd | — | ₹776 Cr | — | — | — | — |
| Manoj Vaibhav Gems N Jewellers Ltd | 6.6× | ₹761 Cr | Topping out | |||
| Radhika Jeweltech Ltd | 10.0× | ₹751 Cr | Consistent | |||
| PNGS Gargi Fashion Jewellery Ltd | 21.8× | ₹685 Cr | Topping out | |||
| RBZ Jewellers Ltd | 10.3× | ₹564 Cr | Mixed | |||
| Uday Jewellery Industries Ltd | 13.7× | ₹491 Cr | Mixed | |||
| Golkunda Diamonds & Jewellery Ltd | 16.0× | ₹195 Cr | Mixed |
Frequently asked questions
What is Tribhovandas Bhimji Zaveri Ltd's share price today?
Tribhovandas Bhimji Zaveri Ltd trades at ₹258, +28.4% over the past year. The company is valued at ₹1,728 Cr. The stock sits at 100% of its 52-week range of ₹119–₹258, +50.7% versus its 200-day average. On the tape, the price is in a downtrend, 54 weeks in. — as of 24 July 2026.
What were Tribhovandas Bhimji Zaveri Ltd's latest quarterly results?
Tribhovandas Bhimji Zaveri Ltd reported revenue of ₹830 Cr and net profit of ₹68.0 Cr for the Mar 26 quarter. Revenue rose 56.9% and profit rose 655.6% year on year. Earnings per share were ₹10.14. The operating margin was 14.0%, 7.0 pp higher than a year earlier. — as of 24 July 2026.
What is Tribhovandas Bhimji Zaveri Ltd's revenue?
Tribhovandas Bhimji Zaveri Ltd reported revenue of ₹830 Cr in the Mar 26 quarter, +56.9% year on year. For the full FY26 fiscal year, revenue was ₹3,203 Cr (+22.3%). Over the last 10 years revenue compounded at 6.8% a year. — as of 24 July 2026.
What is Tribhovandas Bhimji Zaveri Ltd's profit?
Tribhovandas Bhimji Zaveri Ltd earned ₹68.0 Cr of net profit in the Mar 26 quarter, +655.6% year on year — the 4th straight quarter of growth. Full-year FY26 profit was ₹202 Cr. The operating margin ran 14.0% in the latest quarter. — as of 24 July 2026.
What is Tribhovandas Bhimji Zaveri Ltd's market cap?
Tribhovandas Bhimji Zaveri Ltd's market capitalisation is ₹1,728 Cr at a share price of ₹258. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Tribhovandas Bhimji Zaveri Ltd's P/E ratio?
Tribhovandas Bhimji Zaveri Ltd trades at a P/E of 8.5×, at the 10th percentile of its own 10-year range, against a long-run median of 16.5×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Tribhovandas Bhimji Zaveri Ltd pay a dividend?
Yes — Tribhovandas Bhimji Zaveri Ltd's dividend payout was 7% of profit in FY26, and it recorded a payout in 11 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Tribhovandas Bhimji Zaveri Ltd overvalued?
On its own history, Tribhovandas Bhimji Zaveri Ltd looks cheap against its own history: its P/E of 8.5× has been cheaper only 10% of the time in 10 years (long-run median 16.5×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 24 July 2026.
Is Tribhovandas Bhimji Zaveri Ltd growing?
Yes — Tribhovandas Bhimji Zaveri Ltd is growing: latest-quarter revenue +56.9% year on year, profit +655.6%, and the margin +7.0 pp at 14.0%. The earnings engine currently reads: improving — as of 24 July 2026.
How is Tribhovandas Bhimji Zaveri Ltd performing?
Tribhovandas Bhimji Zaveri Ltd is in a downtrend, 54 weeks in. Its latest quarter's revenue rose 56.9% and profit rose 655.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 13 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
Is Tribhovandas Bhimji Zaveri Ltd in an uptrend?
No — the price is in a downtrend (week 54 of stage 4), trading +50.7% versus its 200-day average and at 100% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Tribhovandas Bhimji Zaveri Ltd beating the market?
On recent form, yes — Tribhovandas Bhimji Zaveri Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 13 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +398% against the NIFTY 500's +274% — ahead of the index over the full window. — as of 24 July 2026.
Will Tribhovandas Bhimji Zaveri Ltd's share price go up?
This page publishes no price forecast for Tribhovandas Bhimji Zaveri Ltd. What it measures instead: the share price is ₹258, the price is in a downtrend 54 weeks in. Its P/E of 8.5× sits at the 10th percentile of its own 10-year range. — as of 24 July 2026.
Who owns Tribhovandas Bhimji Zaveri Ltd?
Promoters hold 74.1% of Tribhovandas Bhimji Zaveri Ltd, foreign institutions 1.5%, domestic institutions 0.0% and the public 24.4% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 24 July 2026.
Does Tribhovandas Bhimji Zaveri Ltd have too much debt?
It carries real leverage — Tribhovandas Bhimji Zaveri Ltd's debt-to-equity is 1.06, and operating profit covers the interest bill 5×. FY26 borrowings were ₹886 Cr against equity of ₹838 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.
What is Tribhovandas Bhimji Zaveri Ltd's capex?
Tribhovandas Bhimji Zaveri Ltd spent ₹101 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹47.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Tribhovandas Bhimji Zaveri Ltd's cash flow?
Tribhovandas Bhimji Zaveri Ltd generated ₹30.0 Cr of operating cash flow in FY26 and ₹−17.0 Cr of free cash flow after ₹47.0 Cr of capital spending. Reported profit that year was ₹202 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Tribhovandas Bhimji Zaveri Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 13% of Tribhovandas Bhimji Zaveri Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹30.0 Cr against reported profit of ₹202 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Tribhovandas Bhimji Zaveri Ltd in its business cycle?
Tribhovandas Bhimji Zaveri Ltd's FY26 operating margin was 11.0%, against a 13-year band of 3.0%–11.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 14.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Tribhovandas Bhimji Zaveri Ltd story?
The sharpest disagreement: profits are rising, but only 13% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Tribhovandas Bhimji Zaveri Ltd a stock worth studying right now?
This is not investment advice. The machine read: Tribhovandas Bhimji Zaveri Ltd's earnings have outrun its stock. EPS grew +195.8% in a year against a +28.4% price move. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.