161-year-old Mumbai jewellery retailer running 37 branded stores with in-house diamond manufacturing.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 |
| Reserves | 414 | 456 | 461 | 494 | 535 | 590 | 629 | 771 |
| Borrowings | 637 | 438 | 588 | 575 | 614 | 792 | 822 | 886 |
| Other Liabilities | 350 | 254 | 341 | 339 | 243 | 320 | 522 | 378 |
| Total Liabilities | 1.5k | 1.2k | 1.5k | 1.5k | 1.5k | 1.8k | 2.0k | 2.1k |
| AssetsFixed Assets | 174 | 140 | 152 | 159 | 151 | 164 | 171 | 183 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1.3k | 1.1k | 1.3k | 1.3k | 1.3k | 1.6k | 1.9k | 1.9k |
| Total Assets | 1.5k | 1.2k | 1.5k | 1.5k | 1.5k | 1.8k | 2.0k | 2.1k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 32 | 149 | 231 | -66 | 93 | 40 | -27 | 30 |
| Cash from Investing | -21 | -6 | 5 | -2 | -7 | -7 | -45 | -10 |
| Cash from Financing | -16 | -147 | -233 | 71 | -87 | -29 | 85 | -17 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 17 | 146 | 230 | -67 | 86 | 31 | -39 | 16 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
TBZ · CYCLICAL_UNMODELABLE
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