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 ₹ 3,741 Cr.
- Current Price ₹ 1,646
- High / Low ₹ 1,928 / 1,187
- Stock P/E 30.2
- Book Value ₹ 178
- Dividend Yield 0.00 %
- ROCE 33.6 %
- ROE 35.1 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 46.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.8%
Cons
- Stock is trading at 9.23 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 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 451 | 660 | 812 | 807 | 1,215 | 1,728 | 1,971 | 2,337 | 3,311 | 3,346 | |
| 433 | 638 | 784 | 773 | 1,164 | 1,653 | 1,893 | 2,234 | 3,138 | 3,157 | |
| Operating Profit | 18 | 22 | 28 | 34 | 51 | 75 | 79 | 103 | 173 | 189 |
| OPM % | 4% | 3% | 3% | 4% | 4% | 4% | 4% | 4% | 5% | 6% |
| 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | |
| Interest | 12 | 10 | 10 | 10 | 11 | 15 | 13 | 14 | 14 | 15 |
| Depreciation | 1 | 1 | 2 | 3 | 4 | 5 | 5 | 6 | 9 | 10 |
| Profit before tax | 8 | 11 | 16 | 22 | 37 | 55 | 61 | 83 | 151 | 166 |
| Tax % | 35% | 28% | 28% | 25% | 25% | 26% | 25% | 26% | 25% | |
| 5 | 8 | 12 | 17 | 27 | 40 | 45 | 62 | 113 | 124 | |
| EPS in Rs | 3.66 | 5.30 | 7.49 | 12.34 | 18.17 | 20.36 | 27.80 | 49.73 | 54.79 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 6% | 5% | 4% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 24% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 41% |
| TTM: | 74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 92% |
| 3 Years: | 60% |
| 1 Year: | 29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 32% |
| Last Year: | 35% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 23 |
| Reserves | 0 | 19 | 31 | 47 | 75 | 116 | 159 | 216 | 381 |
| 96 | 125 | 99 | 97 | 171 | 170 | 126 | 173 | 169 | |
| 21 | 29 | 78 | 102 | 129 | 105 | 102 | 126 | 265 | |
| Total Liabilities | 138 | 195 | 230 | 269 | 397 | 414 | 409 | 537 | 837 |
| 19 | 26 | 27 | 30 | 42 | 50 | 49 | 49 | 65 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 11 |
| Investments | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| 119 | 169 | 203 | 238 | 352 | 363 | 360 | 488 | 761 | |
| Total Assets | 138 | 195 | 230 | 269 | 397 | 414 | 409 | 537 | 837 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 8 | -9 | 37 | 7 | -29 | 17 | 61 | -0 | -19 | |
| 8 | -17 | -3 | -2 | -12 | -5 | -1 | -4 | -27 | |
| -16 | 30 | -34 | -11 | 50 | -18 | -60 | 28 | 40 | |
| Net Cash Flow | 1 | 3 | 0 | -5 | 9 | -6 | 0 | 24 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 |
| Inventory Days | 96 | 88 | 89 | 113 | 103 | 79 | 69 | 76 | 87 |
| Days Payable | 5 | 9 | 25 | 29 | 25 | 14 | 12 | 12 | 21 |
| Cash Conversion Cycle | 92 | 80 | 66 | 85 | 79 | 66 | 56 | 64 | 66 |
| Working Capital Days | 78 | 46 | 30 | 20 | 19 | 25 | 29 | 27 | 36 |
| ROCE % | 15% | 16% | 20% | 22% | 24% | 24% | 27% | 34% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - D. P. Abhushan Limited hereby submits Newspaper Publication of Unaudited Financial results of the Company for quarter ended on June 30, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording of Q1 FY26 earnings call for quarter ended June 30, 2025 released.
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Q1FY26 Investor Presentation for the Unaudited Financial Results of the Company for the First Quarter ended June 30, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 Jul - Q1FY26: Revenue ₹541 Cr (+7% YoY), EBITDA ₹55 Cr (+44%), PAT ₹36 Cr (+45%), new showroom opened, ₹600 Cr QIP planned.
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Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. On July 29, 2025.
29 Jul - Q1 FY2026 unaudited standalone results: Revenue ₹54,037L, Profit ₹3,642L, EPS ₹16.07 approved and reviewed.
Annual reports
Concalls
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Jul 2025TranscriptNotesPPT
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Jul 2024Transcript PPT REC
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May 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Aug 2021TranscriptNotesPPT
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Oct 2020TranscriptNotesPPT
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]