Tribhovandas Bhimji Zaveri

CMP: 225

Tribhovandas Bhimji Zaveri Limited retails jewelry products in India. The Company primarily sell gold jewelry and diamond-studded jewelry through its retails stores. Tribhovandas Bhimji Zaveri also sells other products, including platinum jewelry and jadau jewelry.

Tribhovandas Bhimji Zaveri is a decent bet in mid-cap space trading at a P/E of 23. It runs at a debt of 203 Crores with 2 Crores cash in hand which is pretty acceptable for a jewelry company. Revenues have risen from 439 Crores to 1385 Crores in the last 5 years. Profits have risen from less than 8 Crores to 57 Crores in the last 5 years. Profit margins have more than doubled from less than 2% to 4% in the last 5 years. Buy and hold for long term gains.