RBZ Jewellers IPO Financial Analysis

About Business

Reputable national, regional, and local family jewellers from 19 states and 72 cities in India make up the company's wholesale clientele. RBZ Jewellers Limited is a prominent participant in Ahmedabad and runs its retail showroom under the "Harit Zaveri" brand.

The production plant employs 185 salespeople and can accommodate up to 250 craftspeople.

Their Product & Capacity

The Ahmedabad, Gujarat-based production facility of RBZ Jewellers Limited is capable of designing and producing gold jewellery all under one roof. RBZ Jewellers is the owner of the 23,966 square foot production plant.

Major Client

Titan Company Limited, Malabar Gold Private Limited, Joyalukkas India Limited, Senco Gold Limited, Hazoorilal Jewellers Private Limited, and other are the company's top volume clients as of FY23.
 

Financial Summary

Analysis

1. The assets of the company are increasing rapidly is the indication of operation have been healthily improving the assets of the company.
2. The revenue of the company faced through some ups and downs as it is in the highly competitive market in India.
3. The Net Worth of the company decently increasing over the years.
4. The borrowing of the company indicate that the company drives on the borrowing vehicle as the debt as now increase over 100 crores.

Peer Comparison

Analysis

The RBZ Jewellers Limited company’s EPS and the Diluted EPS and the NAV and also last but not the least the RoNW are below the Average of the industry.

Key Performance Indicator

The Key Performance Indicator of the company indicate that the performance of the company is thriving on the growth persistently.

Key Growth Strategies

• Deepen and penetrate the existing customer relationships and continue to expand geographically;
• Increase the production and enhance product portfolio
• Continue to invest in the marketing and brand building initiatives;
• Strengthen the Inventory Management practices;
• Leverage technology to grow