RBZ Jewellers Limited
NSE: RBZJEWEL · Gems, Jewellery And Watches · sector
₹171.61NSE close 2026-10-26
Key numbers
Market cap₹686 cr
Price₹171.61
52w high / low₹213 / ₹100
P/E12.1xSector median 16.4x
P/B2.3xSector median 1.9x
Book value₹75.0
Dividend yield–Sector median 0.46%
ROE20.8%Sector median 14.7%
ROCE20.9%Sector median 15.0%
OPM14.2%Sector median 6.6%
Debt / equity0.47xSector median 0.26x
EV/EBITDA8.5xSector median 15.4x
Interest cover5.9x
Current ratio2.99x
Sales growth 3y–Sector median +25.6%
Profit growth 3y–Sector median +26.1%
PEG0.23x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 82 companies in Gems, Jewellery And Watches (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3 cr vs borrowings ₹141 cr (FY26): borrowings are higher by ₹138 cr.
- Operating profit covered interest 5.9x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 3 years (FY26, FY25, FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 1% of net profit in the last 12 months.
- Debtor days went from 14 (FY24) to 32 (FY26).
- No dividend in the last 3 financial years.
- Price ₹171.61 on 2026-10-26: -19.4% from the 52-week high, +71.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹217.42 · low ₹110.93
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 117 | 194 | 137 | 76 | 145 | 226 | 189 | 121 |
| EBITDA | 14 | 22 | 15 | 13 | 28 | 30 | 21 | 18 |
| OPM % | 12.0% | 11.3% | 10.6% | 17.2% | 19.4% | 13.0% | 11.2% | 14.8% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 8 | 13 | 9 | 7 | 19 | 17 | 12 | 9 |
| EPS (₹) | 2.02 | 3.27 | 2.14 | 1.78 | 4.64 | 4.36 | 2.92 | 2.27 |
| Revenue YoY | +24.4% | +16.8% | +38.0% | +59.8% | ||||
| Profit YoY | +130.0% | +33.2% | +36.3% | +27.7% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 327 | 530 | 636 | 682 |
| EBITDA | 38 | 64 | 92 | 97 |
| Net profit | 22 | 39 | 55 | 57 |
| EPS (₹) | 5.39 | 9.70 | 13.70 | 14.19 |
| Revenue growth | +61.9% | +20.1% | +30.3% | |
| Profit growth | +79.9% | +41.2% | +54.1% | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +30.3% |
| Net profit | – | – | +54.1% |
| EPS | – | – | – |
| Share price | – | +1.2% (2y) | +35.2% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 207 | 245 | 300 |
| Borrowings | 69 | 87 | 141 |
| Cash & equivalents | 14 | 3 | 3 |
| Total assets | 284 | 352 | 486 |
| Fixed assets | 26 | 27 | 61 |
| Capital work in progress | 0 | 3 | 25 |
| Investments | 0 | 0 | 0 |
| Receivables | 13 | 17 | 56 |
| Inventory | 224 | 292 | 336 |
| Payables | 3 | 8 | 6 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | -48 | -15 | -7 |
| Cash from investing | -4 | -5 | -33 |
| Cash from financing | 59 | 8 | 41 |
| Capex | 4 | 5 | 33 |
| Free cash flow | -52 | -20 | -40 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 10.4% | 15.8% | 18.3% |
| ROCE % | 13.6% | 18.7% | 20.0% |
| Debtor days | 14 | 12 | 32 |
| Inventory days | 313 | 255 | 251 |
| Payable days | 4 | 7 | 5 |
| Cash conversion cycle (days) | 323 | 260 | 278 |
| Working capital days | 223 | 149 | 151 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 75.00% |
| FIIs | 0.29% |
| DIIs | 0.03% |
| Public (non-institutions) | 24.68% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| Promoter group | % |
|---|---|
| Rajendrakumar Kantilal Zaveri | 38.23% |
| Harit Rajendrakumar Zaveri | 36.75% |
| Rajendrakumar Kantilal Zaveri HUF | 0.02% |
| Kiranben Rajendrakumar Zaveri | 0.00% |
| Harita Rajendrakumar Zaveri | 0.00% |
| Harit Rajendrakumar Zaveri HUF | 0.00% |
| Ekta Harit Zaveri | 0.00% |
| Pruthvi Rajendra Zaveri | 0.00% |
| Bharatbhai B Zaveri | 0.00% |
| Bhagwati Jewellers-BB Zaveri | 0.00% |
| Zaveri Bharatbhai Bababhai HUF | 0.00% |
| B B Zaveri PVT LTD | 0.00% |
| Lalitbhai Bababhai Zaveri | 0.00% |
| Abhishek Zaveri Firm | 0.00% |
| LBZ Sons PVT LTD | 0.00% |
| Public holders above 1% | % |
|---|---|
| Ashika Global Finance Private Limited | 2.00% |
29,215 shareholders. Pledged: – of promoter shares.
Peers in Gems, Jewellery And Watches
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TITAN | ₹3,83,796 cr | 66.9x | 24.4x | 42.2% | 33.3% | 10.1% | +29.2% | 0.25% |
| KALYANKJIL | ₹52,133 cr | 36.3x | 8.3x | 25.8% | 34.4% | 6.6% | +36.4% | 0.30% |
| LALITHAA | ₹17,374 cr | – | – | – | – | – | – | – |
| PCJEWELLER | ₹16,193 cr | 16.0x | 1.7x | 10.8% | 10.3% | 24.5% | +10.7% | – |
| SKYGOLD | ₹14,535 cr | 43.3x | 12.1x | 35.6% | 26.4% | 7.2% | +76.0% | – |
| THANGAMAYL | ₹14,404 cr | 36.8x | 10.2x | 31.1% | 26.3% | 6.4% | +39.2% | 0.27% |
| BLUESTONE | ₹11,583 cr | 110.7x | 6.3x | 6.0% | 11.9% | 17.0% | – | – |
| PNGJL | ₹7,558 cr | 17.0x | 3.9x | 25.4% | 19.9% | 5.8% | – | – |
| ETHOSLTD | ₹6,486 cr | 62.2x | 4.4x | 8.4% | 12.0% | 12.8% | +26.9% | – |
| RBZJEWEL | ₹686 cr | 12.1x | 2.3x | 20.8% | 20.9% | 14.2% | – | – |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Gems, Jewellery And Watches |
| Sub-industry | Gems, Jewellery And Watches |
| Symbol | RBZJEWEL |
| BSE code | 544060 |
| ISIN | INE0PEQ01016 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.