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 ₹ 626 Cr.
- Current Price ₹ 281
- High / Low ₹ 450 / 272
- Stock P/E 13.8
- Book Value ₹ 81.4
- Dividend Yield 0.36 %
- ROCE 24.6 %
- ROE 28.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- 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
* 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.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
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 | |
|---|---|---|---|---|---|---|---|
| 451 | 660 | 812 | 807 | 1,215 | 1,728 | 1,975 | |
| 433 | 638 | 784 | 773 | 1,164 | 1,653 | 1,897 | |
| Operating Profit | 18 | 22 | 28 | 34 | 51 | 75 | 78 |
| OPM % | 4% | 3% | 3% | 4% | 4% | 4% | 4% |
| 3 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 12 | 10 | 10 | 10 | 11 | 15 | 13 |
| Depreciation | 1 | 1 | 2 | 3 | 4 | 5 | 5 |
| Profit before tax | 8 | 11 | 16 | 22 | 37 | 55 | 61 |
| Tax % | 35% | 28% | 28% | 25% | 25% | 26% | 25% |
| Net Profit | 5 | 8 | 12 | 17 | 27 | 40 | 45 |
| EPS in Rs | 3.66 | 5.30 | 7.49 | 12.34 | 18.17 | 20.36 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 35% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 40% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 76% |
| 1 Year: | -31% |
| 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 | |
|---|---|---|---|---|---|---|---|
| 21 | 22 | 22 | 22 | 22 | 22 | 22 | |
| Reserves | 0 | 19 | 31 | 47 | 75 | 116 | 159 |
| 96 | 125 | 99 | 97 | 171 | 170 | 110 | |
| 21 | 29 | 78 | 102 | 129 | 105 | 117 | |
| Total Liabilities | 138 | 195 | 230 | 269 | 397 | 414 | 408 |
| 19 | 26 | 27 | 30 | 42 | 50 | 49 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
| 119 | 169 | 203 | 238 | 352 | 363 | 359 | |
| Total Assets | 138 | 195 | 230 | 269 | 397 | 414 | 408 |
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% | 25% |
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]