D.P. Abhushan Ltd
D. P. Abhushan Limited is engaged in the business of manufacturing, selling, and trading Jewellery and other precious Metals. It is also engaged in the business of Power generation through Windmill. [1]
Famous Jewellery store in Ratlam (M.P) Three more stores fully operational in Indore, Bhopal & Udaipur.
- Market Cap ₹ 2,522 Cr.
- Current Price ₹ 1,133
- High / Low ₹ 1,201 / 222
- Stock P/E 50.3
- Book Value ₹ 94.3
- Dividend Yield 0.09 %
- ROCE 24.0 %
- ROE 28.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 40.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.4%
Cons
- Stock is trading at 12.0 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 451 | 660 | 812 | 807 | 1,215 | 1,728 | 1,971 | 2,168 | |
| 433 | 638 | 784 | 773 | 1,164 | 1,653 | 1,893 | 2,082 | |
| Operating Profit | 18 | 22 | 28 | 34 | 51 | 75 | 79 | 86 |
| OPM % | 4% | 3% | 3% | 4% | 4% | 4% | 4% | 4% |
| 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 12 | 10 | 10 | 10 | 11 | 15 | 13 | 14 |
| Depreciation | 1 | 1 | 2 | 3 | 4 | 5 | 5 | 6 |
| Profit before tax | 8 | 11 | 16 | 22 | 37 | 55 | 61 | 67 |
| Tax % | 35% | 28% | 28% | 25% | 25% | 26% | 25% | |
| 5 | 8 | 12 | 17 | 27 | 40 | 45 | 50 | |
| EPS in Rs | 3.66 | 5.30 | 7.49 | 12.34 | 18.17 | 20.36 | 22.53 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 6% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 35% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 40% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 87% |
| 3 Years: | 114% |
| 1 Year: | 255% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 31% |
| Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 0 | 19 | 31 | 47 | 75 | 116 | 159 | 188 |
| 96 | 125 | 99 | 97 | 171 | 170 | 126 | 136 | |
| 21 | 29 | 78 | 102 | 129 | 105 | 101 | 149 | |
| Total Liabilities | 138 | 195 | 230 | 269 | 397 | 414 | 408 | 495 |
| 19 | 26 | 27 | 30 | 42 | 50 | 49 | 48 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| 119 | 169 | 203 | 238 | 352 | 363 | 359 | 447 | |
| Total Assets | 138 | 195 | 230 | 269 | 397 | 414 | 408 | 495 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| 8 | -9 | 37 | 7 | -29 | 17 | 60 | |
| 8 | -17 | -3 | -2 | -12 | -5 | -1 | |
| -16 | 30 | -34 | -11 | 50 | -18 | -59 | |
| Net Cash Flow | 1 | 3 | 0 | -5 | 9 | -6 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 1 | 1 | 0 | 1 | 1 | 0 |
| Inventory Days | 96 | 88 | 89 | 113 | 103 | 79 | 69 |
| Days Payable | 5 | 9 | 25 | 29 | 25 | 14 | 12 |
| Cash Conversion Cycle | 92 | 80 | 66 | 85 | 79 | 66 | 56 |
| Working Capital Days | 78 | 72 | 52 | 61 | 63 | 52 | 46 |
| ROCE % | 15% | 16% | 20% | 22% | 24% | 24% |
Documents
Announcements
- The Compliance Certificate In Pursuance Of Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended On 31-03-2024 22 Apr
- Submission Of Certificate Of Practicing Company Secretary Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 17 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Apr - Confirmation certificate and details of share certificates dematerialized during the quarter ended 31/03/2024 received from Bigshare services private Limited, RTA of the Company as per …
- Closure of Trading Window 16 Apr
- Listing of Equity Shares of D.P. Abhushan Ltd 15 Apr
Product Portfolio
Necklaces, Rings, Chains, Bangles, Pendants, Earrings, Armlets, Gajrahs, Nose Rings, Mangalsutra, Gold jewellery, Diamond studded jewellery, Precious and semi-precious stone studded jewellery, Plain and diamond-studded platinum jewellery, Jadau Jewellery, Jewellery with coloured stones in gold and diamond. [1]