RBZ Jewellers Ltd. – Company Report
1. Company Overview
RBZ Jewellers Ltd., founded in 2008 and headquartered in Ahmedabad, Gujarat, is a leading Indian manufacturer specializing in antique gold and kundan jewellery. The company caters to both wholesale and retail markets across India, offering a diverse line of bridal, occasional, and daily wear jewellery. RBZ Jewellers is renowned for its craftsmanship in jadau, Meena, and Kundan styles, serving a loyal clientele through strong B2B relationships and its flagship retail brand, Harit Zaveri. The company operates modern manufacturing facilities and an in-house design studio, introducing a steady stream of new designs that blend traditional art with contemporary aesthetics.
RBZ is managed by Chairman and Managing Director Rajendrakumar Kantilal Zaveri, who has over three decades of experience in jewellery manufacturing, supported by his son, Harit Rajendrakumar Zaveri (Joint Managing Director and CFO), and a professional executive team. The leadership’s deep industry experience has enabled RBZ to develop longstanding relationships with India’s top jewellery retailers and to establish a robust position in the gold jewellery sector.
Key Highlights:
- Established: 2008
- Headquarters: Ahmedabad, Gujarat, India
- Certifications: ISO 9001:2015
- Retail Brand: Harit Zaveri (flagship showroom in Ahmedabad)
- Leadership: Rajendrakumar Kantilal Zaveri (Chairman & MD), Harit Rajendrakumar Zaveri (Jt. MD & CFO)
- Listed: Publicly traded on Indian stock exchanges
- Core Focus: Antique, bridal, kundan, jadau, and Meena gold jewellery
2. Products and Services
RBZ Jewellers Ltd. offers an extensive product catalogue and customized services tailored for diverse consumer and business needs:
Antique Gold Jewellery:
- Bridal collections, occasion wear, and daily wear
- Jadau, Meena, Kundan, and other traditional hand-crafted styles
- Unique pieces including haarams, chokers, round necklaces, bangles, earrings, and rings
In-House Design & Manufacturing:
- Dedicated design development team producing new patterns to meet ever-changing market trends
- Modern manufacturing setup ensuring quality and consistency
- Focus on both aesthetic appeal and value engineering
Wholesale and Retail Channels:
- B2B supply to leading national jewellery retailers — key clients include Titan Company Limited, Malabar Gold, Joyalukkas India, Senco Gold, Kalamandir Jewellers, and PN Gadgil Jewellers
- Direct-to-consumer retailing via the Harit Zaveri showroom
- Presence across 20 states and 72 cities in India
Customization & Client Service:
- Bespoke jewellery development for weddings, special occasions, and high-value clients
- Value-added design and financial management services for long-term partners
3. Recent News and Financial Performance
Recent Developments:
- Appointed Mr. Rajiv Nitin Mehta as Additional Independent Director in June 2025, bringing multi-industry experience in retail and corporate governance
- Continued expansion of designer collections and deeper ties with top national retailers
- Investments in SAP ERP, design automation, and digital infrastructure to improve efficiency and control
- Improved working capital and liquidity management under the financial leadership team
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹530 crore |
| Net Profit | ₹39 crore |
| Operating Profit | ₹64 crore |
| Operating Profit Margin | 12% |
| Earnings Per Share (EPS) | ₹9.70 |
| Dividend | Not declared (focus on reinvestment) |