Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

D. P. Abhushan Limited

NSE: DPABHUSHANGems, Jewellery And WatchesASM stage 2

Share price

₹2,363.80

+4.64% close of 9 Oct 2026

Market cap ₹5,100 CrP/E 21.7 (as of 8 Oct 2026)

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 6 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

65

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹5,100 Cr

P/E ratio

21.7

P/B ratio

8.2

ROCE

39.6%

ROE

40.9%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹2,363.8052-week low ₹887.50

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 30.8% over the past year, and 29.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 5.0% to 8.3% over the last two years.

Whether it grew faster than its sector

It grew 29.2% a year against a sector median of 11.3% — 17.9 percentage points faster.

Room to re-rate, or risk of de-rating

At 21.7× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 39.0×, across 5 companies. It is against its own five-year median of 23.2×, the 37th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 67%.

Profit growthPrice per ₹1 profitPer 1% growth
D. P. Abhushan Limited — this one67%/yr21.7×₹0.32
Titan Company17%/yr66.5×₹3.9
Kalyan Jewellers India Limited45%/yr39.0×₹0.87
Lalithaa Jewellery Mart Limited—20.8×—
Thangamayil Jewellery Limited64%/yr38.0×₹0.59
SKY GOLD AND DIAMONDS LIMITED144%/yr41.0×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Gems, Jewellery And Watches), it ranks 4 of 38 on returns, 9 of 35 on growth, 24 of 40 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 39.6% on capital, ahead of 89% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹38 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹170 crore to ₹304 crore. And the profit is not backed by cash: it reported a profit over 10 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being waiting 25 days for its cash to waiting 48 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 20 Jul 2026 · Standalone · Unaudited

Revenue

₹852 Cr

Revenue vs last year

+57.9%

Revenue vs last quarter

-36.1%

Net profit

₹64 Cr

Profit vs last year

+79.0%

Profit vs last quarter

+26.4%

Net margin

7.6%

EPS

₹28.23

Earnings call transcript · 22 Jul 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹5,100 Cr
Prev close
₹2,363.80
52w High
₹2,345
52w Low
₹866
Enterprise value
₹5,399 Cr
Beta
1.1
Price CAGR 1y
51.0%
Price CAGR 3y
49.0%
Price CAGR 5y
58.0%
Price CAGR 10y
—

Ratios

Return on assets
18.5%
PEG ratio
0.3
P/E ratio
21.7
P/B ratio
8.2
EV / EBITDA
17.6
Industry P/E
21.3
ROCE
39.6%
ROCE 5y average
29.8%
ROE
40.9%
Debt / Equity
0.5
Interest coverage
15.9
Dividend yield
0.0%
ROE 3y average
37.0%
ROE last year
41.0%

Annual P&L

Annual revenue
₹4,060 Cr
Annual profit
₹212 Cr
Operating margin
8.0%
Net profit margin
5.2%
EBITDA margin
7.6%
Sales growth 3y
27.2%
Sales growth 5y
27.3%
Profit growth 3y
67.0%
Profit growth 5y
51.0%
EPS
₹92.8
Sales growth TTM
31.0%
Profit growth TTM
93.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹852 Cr
Profit latest quarter
₹64 Cr
YoY quarterly sales growth
57.8%
YoY quarterly profit growth
77.8%
OPM latest quarter
11.0%

Balance Sheet

Book Value
₹275
Face Value
₹10.0
Total debt
₹304 Cr
Total cash
₹26 Cr
Borrowings
₹304 Cr
Reserves / Equity
26.5

Cash Flow

Operating cash flow
-₹97 Cr
Free cash flow
-₹106 Cr
FCF yield
-2.5%
Net cash flow
₹3 Cr

Shareholding

Promoter holding
74.9%
FII holding
0.2%
DII holding
0.0%
Public holding
24.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Titan Company4,550.0068.94,02,1860.331,777.062.921,356.029.320.5
Kalyan Jewellers548.1538.756,5950.46348.732.010,588.945.721.1
Lalithaa Jewel405.4523.822,6930.00208.4-21.16,039.626.238.0
Thangamayil Jew.4,758.5037.614,7830.3885.186.22,666.471.225.5
Sky Gold & Diam.857.6539.713,2990.00104.9136.92,012.877.926.9
PC Jeweller12.9316.412,6910.00221.937.0877.021.09.6
Bluestone Jewel813.85220.812,4350.006.0120.2736.949.66.8
D.P. Abhushan2,174.0020.54,9080.0064.577.0852.457.739.6
Median223.3219.61,0700.0020.150.3326.039.921.2

Competes with: BlueStone Jewellery and Lifestyle Limited, Ethos Limited, Kalyan Jewellers India Limited, Lalithaa Jewellery Mart Limited, P N Gadgil Jewellers Limited, PC Jeweller Limited, SKY GOLD AND DIAMONDS LIMITED, Thangamayil Jewellery Limited, Titan Company

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4715467655575051,0051,0847175409681,2221,335852
Expenses4465247375324669671,0296754868921,1171,266760
Material Cost16189225219245161
Change in Inventories-10245-124-8321-105
Purchases of Stock-in-Trade591328763950971675
Employee Cost8.669.019.28101111
Other Expenses161519211817
Operating Profit252229243838554254761066993
OPM %543.804.4083.80561089511
Other Income0000001010041
Exceptional items (within Other Income)000000
Interest3350334444545
Depreciation1111222433332
Profit before tax21182223343349354969986786
Tax %25252528262524272526252425
Net Profit16131716252537253651735164
EPS in Rs7.025.997.517.28111117111623322228
Diluted EPS in Rs111623322228

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4516608128071,2151,7281,9712,3403,3114,0654,377
Expenses4336387847731,1641,6531,8932,2343,1313,7534,034
Material Cost704778
Change in Inventories-260-142
Purchases of Stock-in-Trade2,6013,012
Employee Cost3040
Other Expenses6373
Operating Profit18222834517579103176307343
OPM %3.903.303.404.204.204.3044.40588
Other Income30000000255
Exceptional items (within Other Income)00
Interest1210101011151314171917
Depreciation11234555.599.111111
Profit before tax811162237556183151283320
Tax %35282825252625262525
Net Profit58121727404562113212240
EPS in Rs3.665.307.49121820285093105
Diluted EPS in Rs5093
Dividend Payout %0000065400

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
27%
3 years
27%
TTM
31%

Compounded profit growth

10 years
—
5 years
51%
3 years
67%
TTM
93%

Stock price CAGR

10 years
—
5 years
58%
3 years
49%
1 year
51%

Return on equity

10 years
34%
5 years
36%
3 years
37%
Last year
41%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital21222222222222222323
Reserves019314775116159216381610
Borrowings961259997171170126173184304
Other Liabilities212978102129105102126249206
Total Liabilities1381952302693974144095378371,143
Fixed Assets19262730425049496575
CWIP00010000111
Investments00002000012
Other Assets1191692032383523633604887611,055
Total Assets1381952302693974144095378371,143

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity8-9377-291761-0-19-97
Cash from Investing Activity8-17-3-2-12-5-1-4-27-21
Cash from Financing Activity-1630-34-1150-18-602840121
Net Cash Flow130-59-6024-63
Free Cash Flow8-27355-38960-4-46-106

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1110110000
Inventory Days96888911310379697687100
Days Payable592529251412122111
Cash Conversion Cycle92806685796656646689
Working Capital Days78463020192529273648
ROCE %151620222424273440

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757474757575757575
FIIs0000.060.130.200.200.210.230.220.320.23
DIIs000000.050.050.010.01000
Public252525252626252525252525
No. of Shareholders5,0595,5395,5606,5489,1179,2809,2879,2348,7368,9769,31510,316

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +66.1% (₹1,422.80 → ₹2,363.80)Brick size ₹131.90 (fixed)Bricks 15
₹1,000₹1,500₹2,000₹2,364Jan '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹2,363.80 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

4,79,33,884inr

2026-03-31

same-store sales growth %

52.00pct

2026-06-30

News

News and filings about D. P. Abhushan Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • diamonds and diamond jewellery
  • gold bullion/jewellery and stones
  • old gold ornaments/recycled gold (exchange programme)
  • packing materials and consumables
  • platinum jewellery (plain and diamond-studded)
  • precious and semi-precious coloured stones
  • silver bullion and jewellery

Depends on the price of

  • Gold
  • silver

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Gems, Jewellery And Watches
Classification
Consumer Durables › Gems, Jewellery And Watches
ISIN
INE266Y01019

Plants

  • Ajmer showroom · Ajmer, Rajasthan
  • Banswara showroom · Banswara, Rajasthan
  • Bhilwara showroom · Bhilwara, Rajasthan
  • Bhopal showroom · Bhopal, Madhya Pradesh
  • Dhar showroom
  • Indore showroom · Indore, Madhya Pradesh
  • Kota showroom · Kota, Rajasthan
  • Neemuch showroom · Neemuch, Madhya Pradesh
  • Ratlam II showroom
  • Ratlam showroom (flagship)
  • Udaipur showroom · Udaipur, Rajasthan
  • Ujjain showroom · Ujjain, Madhya Pradesh
  • Wind turbine generator facility · Ratlam district, villages Bagia and Naveli, Madhya Pradesh

News impact

Big market events that reach D. P. Abhushan Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

22 Sep 2023unspecified₹1
22 Sep 2022unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 18 rows from NSE's archive (replace 11, delete 1, insert 6), 2018-01-22..2026-02-01 (docs/flat_day_repair.md)1× · 22 Jan 2018

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
16 Mar 2026Vikas Kataria · PromotersEQUITY SHARES2,00,000—
16 Mar 2026Vikas Ratanlal Kataria HUF · Promoter GroupEQUITY SHARES2,00,000—
12 Feb 2026Santosh Kataria · PromotersEQUITY SHARES2,00,000—
12 Feb 2026Santosh Ratanlal Kataria HUF · Promoter GroupEQUITY SHARES2,00,000—

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.