Diamond & Jewellery
|Market Cap||476 Cr||EPS||4.2||High||73.95|
|Stock P/E||17.0||Net Profit Margin||1.0||Low||73.05|
About the Company
The company’s flagship showroom in Zaveri Bazar, Mumbai was established in 1864. Since 2001, the company has opened several showrooms, including opening seven showrooms between August 2007 and October 2008. All of the company’s showrooms operate under the name of “Tribhovandas Bhimji Zaveri”. Late Shri Tribhovandas Bhimji Zaveri expanded the business by opening new showrooms. But it was his grandson, Late Shri Gopaldas Zaveri, who shook up the Indian market by offering customers a full value gold buy-back scheme.
Out of company’s 14 showrooms, 11 are termed as “large format” high street showrooms (carpet area of 3,000 sq. ft. or more) and three are termed as “small format” high street showrooms (carpet area of 1,000-3,000 sq. ft.). Four of company’s showrooms are in Mumbai, Maharashtra; one is in Thane, Maharashtra; one is in Pune, Maharashtra; two are in Hyderabad, Andhra Pradesh; one is in Vijayawada, Andhra Pradesh; one is in Ahmedabad, Gujarat; one is in Surat, Gujarat; one is in Rajkot, Gujarat; one is in Indore, Madhya Pradesh; and one is in Kochi, Kerala.
Further, the company plans to open an additional 43 showrooms (25 large format high street showrooms and 18 small format high street showrooms) by the end of Fiscal 2015, which would give them a total of 57 showrooms (with a total carpet area of approximately 150,000 square feet.) in 43 cities across 14 states.
The company is having branches in:
Apart from these, the company also has Wedding, Men's, Temple, Dohra, Surprises, Showstopper and Azvaa collection.
The company is having an exclusive Kalpavruksha Plan through which one can own exquisite 22kt gold, diamond or platinum jewellry through easy installments’.
Retail Jewellers India Awards - Gold Vivah Jewellery of the Year
Retail Jewellers India Awards - TV Campaign of the Year
IJ Jewellers Choice Awards - Best Necklace Design
IJ Jewellers Choice Awards - Best Bridal Design
IJ Jewellers Choice Awards - Kundan Meena Jewellery Award
National Jewellery Award - Best Advertising Campaign of the Year (Print)
Asia Retail Congress Awards in two categories - i. Best Impactful Retail Design and Visual Merchandising and ii. Innovative Retail Concept of the Year
|Parent Organisation||Tribhovandas Bhimji Zaveri Ltd.||Managing Director||Shrikant Zaveri|