Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹4278 Cr.
Stock P/E
20.2
P/B
—
Current Price
₹1874
Book Value
₹ 0
Face Value
10
52W High
₹1928.8
52W Low
₹ 856.3
Dividend Yield
0%

D.P. Abhushan Overview

Business

D.P. Abhushan Ltd. is an Indian company operating in the Diamond & Jewellery sector. Its core business involves the manufacturing, retailing, and trading of various types of jewelry, primarily gold and diamond jewelry. The company's business model revolves around sourcing precious metals and stones, designing and crafting jewelry pieces, and then selling them to end-consumers through its retail network. It makes money from the sales margin on its jewelry products.

Revenue Mix

Based on the provided information, D.P. Abhushan Ltd. operates primarily within the Diamond & Jewellery segment. Its revenue is generated from the sale of gold jewelry, diamond jewelry, and other precious stone-studded ornaments. Specific breakdowns of revenue contribution from different product categories (e.g., gold vs. diamond) or geographical segments are not available in the given data.

Industry

The Indian Diamond & Jewellery industry is one of the largest globally, characterized by a mix of organized and unorganized players. It is highly competitive and fragmented, driven by strong cultural significance, wedding traditions, and festive demands. D.P. Abhushan Ltd. likely positions itself as a regional or national player, competing with established national brands, other regional chains, and numerous local jewelers. Its positioning would depend on its specific target demographic, product range, pricing strategy, and brand reputation in its operating regions.

MOAT

In the jewelry sector, potential moats often derive from strong brand trust and reputation, design exclusivity, extensive retail network with prime locations, and deep customer relationships built over time. For D.P. Abhushan Ltd., if it has cultivated a strong, trusted brand image within its operating regions, it could possess a soft moat based on customer loyalty and perceived quality. However, without specific details, it is challenging to confirm a durable competitive advantage. The ability to consistently offer unique designs, maintain competitive pricing, and provide excellent customer service could contribute to a moat.

Growth Drivers

Key factors that can drive growth for D.P. Abhushan Ltd. over the next 3-5 years include:

Rising Disposable Incomes: Growth in India's middle class and increasing discretionary spending.

Urbanization & Demographic Shifts: Expansion into new urban and semi-urban markets with growing consumer bases.

Cultural Significance: Continued strong demand for jewelry during weddings, festivals, and auspicious occasions.

Retail Expansion: Opening new stores in strategic locations to increase market reach.

E-commerce Adoption: Leveraging online sales channels to tap into a broader customer base, although physical trust remains critical for high-value items.

Product Innovation: Introducing new designs and collections to cater to evolving consumer preferences.

Risks

Commodity Price Volatility: Significant fluctuations in the prices of gold, diamonds, and other precious metals/stones can impact raw material costs, inventory valuation, and profit margins.

Economic Slowdown: As jewelry is a discretionary expense, an economic downturn or recession can reduce consumer spending and demand.

Intense Competition: The highly fragmented and competitive nature of the Indian jewelry market can put pressure on pricing and market share.

Regulatory Changes: Changes in import duties, taxation (e.g., GST), or hallmarking regulations can affect business operations and profitability.

Changing Consumer Preferences: Shifts in fashion trends or preference away from traditional jewelry could impact sales.

Counterfeit & Trust Issues: Maintaining consumer trust in authenticity and purity is crucial in this sector, and any lapse can severely damage reputation.

Management & Ownership

Specific details regarding the promoters, key management personnel, and a detailed breakdown of the ownership structure are not provided in the given information. Typically, many companies in the Indian Diamond & Jewellery sector are promoter-driven, often with significant family involvement in management and ownership, aiming to build long-term generational businesses.

Outlook

D.P. Abhushan Ltd. operates in a market with significant structural tailwinds from India's economic growth and cultural affinity for jewelry. The company has potential for growth by expanding its retail footprint and leveraging its brand. However, the business faces inherent risks from volatile commodity prices, intense competition, and sensitivity to economic cycles. Success will largely depend on its ability to manage these risks, maintain a strong brand reputation for trust and design, and effectively scale its operations while adapting to evolving consumer trends and regulatory landscapes.

D.P. Abhushan Share Price

Live · BSE / NSE · Inception: 2017
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

D.P. Abhushan Quarterly Results

#(Fig in Cr.) Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Net Sales 236 234 42 172 414 590 175 448 668 440
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 236 234 42 172 414 590 175 448 668 440
Total Expenditure 227 223 35 160 399 574 165 429 642 421
Operating Profit 9 11 7 12 16 16 10 19 26 19
Interest 2 3 2 2 3 4 3 4 4 4
Depreciation 1 1 1 1 1 1 1 1 1 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 6 8 4 10 12 11 6 15 21 13
Provision for Tax 1 2 1 2 3 3 1 4 5 4
Profit After Tax 4 6 3 7 9 8 4 11 16 10
Adjustments 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments 4 6 3 7 9 8 4 11 16 10
Adjusted Earnings Per Share 1.9 2.5 1.5 3.2 3.9 3.7 1.9 4.9 7.1 4.3

D.P. Abhushan Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 TTM
Net Sales 809 1218 1731 1731
Other Income 0 0 0 0
Total Income 809 1218 1732 1731
Total Expenditure 774 1167 1656 1657
Operating Profit 35 51 75 74
Interest 10 11 15 15
Depreciation 3 4 5 5
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 22 37 55 55
Provision for Tax 6 9 14 14
Profit After Tax 17 27 41 41
Adjustments 0 0 0 0
Profit After Adjustments 17 27 41 41
Adjusted Earnings Per Share 7.5 12.3 18.4 18.2

D.P. Abhushan Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022
Shareholder's Funds 70 97 138
Minority's Interest 0 0 0
Borrowings 5 10 27
Other Non-Current Liabilities 3 12 10
Total Current Liabilities 191 275 238
Total Liabilities 269 395 414
Fixed Assets 30 42 50
Other Non-Current Assets 1 1 1
Total Current Assets 238 352 363
Total Assets 269 395 414

D.P. Abhushan Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022
Opening Cash & Cash Equivalents 7 2 11
Cash Flow from Operating Activities 7 -29 17
Cash Flow from Investing Activities -2 -10 -5
Cash Flow from Financing Activities -11 48 -18
Net Cash Inflow / Outflow -5 9 -6
Closing Cash & Cash Equivalent 2 11 5

D.P. Abhushan Ratios

# Mar 2020 Mar 2021 Mar 2022
Earnings Per Share (Rs) 7.49 12.31 18.41
CEPS(Rs) 8.84 14.09 20.67
DPS(Rs) 0 0 1
Book NAV/Share(Rs) 31.33 43.62 62.04
Core EBITDA Margin(%) 4.25 4.21 4.34
EBIT Margin(%) 3.93 3.9 4.04
Pre Tax Margin(%) 2.75 3.01 3.16
PAT Margin (%) 2.06 2.25 2.34
Cash Profit Margin (%) 2.43 2.57 2.66
ROA(%) 6.21 8.26 10.02
ROE(%) 23.92 32.86 34.48
ROCE(%) 19.05 22.6 25.43
Receivable days 0.47 0.53 0.55
Inventory Days 103.77 82.41 70.68
Payable days 28.71 21.96 15.68
PER(x) 8.09 9.54 20.31
Price/Book(x) 1.93 2.69 6.03
Dividend Yield(%) 0 0 0.27
EV/Net Sales(x) 0.28 0.33 0.57
EV/Core EBITDA(x) 6.61 7.9 13.08
Net Sales Growth(%) 0 50.65 42.13
EBIT Growth(%) 0 49.29 47.53
PAT Growth(%) 0 64.31 47.93
EPS Growth(%) 0 64.31 49.56
Debt/Equity(x) 1.39 1.61 1.16
Current Ratio(x) 1.25 1.28 1.52
Quick Ratio(x) 0.04 0.11 0.05
Interest Cover(x) 3.33 4.39 4.57
Total Debt/Mcap(x) 0.72 0.6 0.19

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +42% — — —
Operating Profit CAGR +47% — — —
PAT CAGR +52% — — —
Share Price CAGR +31% +43% +54% —
ROE Average +34% +30% +30% +30%
ROCE Average +25% +22% +22% +22%

D.P. Abhushan Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 74.89 %
FII 0.23 %
DII (MF + Insurance) 0 %
Public (retail) 24.88 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 757573.8273.8274.9974.9974.8874.8874.8974.89
FII 00.060.130.20.20.220.220.220.320.23
DII 0000.050.050.010.01000
Public 2524.9426.0525.9324.7624.7824.8924.8924.7924.88
Others 0000000000
Total 100100100100100100100100100100

D.P. Abhushan Peer Comparison

Diamond & Jewellery Edit Columns

D.P. Abhushan Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

D.P. Abhushan Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 30%
  • Debtor days have improved from 21.96 to 15.68days.

Cons

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp