D.P. Abhushan Ltd.

1,482.41.42%

2026-08-21

dpjewellers.comBSE: 544161NSE: DPABHUSHAN
Market Cap₹ 3,349 Cr.
Current Price₹ 1,462
High / Low₹ 1,670 / 866
Stock P/E0.0
Book Value₹ 305
Price to Book7.73
Dividend Yield0.00 %
ROCE34.4 %
ROE35.3 %
Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2021 • Gems & Jewellery: 99.9% • Windmill: 0.1%

PROS

  • 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 31.1%
  • Company has a healthy return on capital (ROCE) of 28.7%
  • Latest quarter profit grew 77.0% YoY, showing strong momentum
  • Company has delivered good sales growth of 32.6% CAGR over last 5 years

CONS

  • Operating cash flow has been negative in recent years
  • Receivables are growing faster than sales - a possible quality concern
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.19x)
  • Stock is trading at 7.7x its book value

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.TITAN5064.0078.05449574.910.301777.0062.8821356.0044.1621.9013.54
2.KALYANKJIL595.0042.8261448.680.42348.6732.0310588.9345.6824.865.97
3.THANGAMAYL5507.700.0017119.040.3385.0986.152666.3871.4426.625.43
4.BLUESTONE815.70221.2412459.770.0059.61271.567368.461395.599.2414.50
5.SKYGOLD778.1035.9712050.740.00104.90140.672012.7977.9323.717.79
6.PCJEWELLER9.6712.179430.310.00221.8837.02877.0420.996.6127.54
7.GOLDIAM362.8025.905462.210.5773.97120.06326.0341.9225.1120.33
8.SENCO331.659.525435.780.53101.14-3.353056.0367.3422.866.97
9.VAIBHAVGBL221.4513.033711.892.71563.831398.279170.731026.9918.4110.55
10.DPABHUSHAN1467.2581.733349.430.009.6516.55439.67-25.5034.364.35
11.SHRINGARMS224.950.002169.240.0034.0019.26548.4964.9031.858.92
12.MOTISONS16.580.001885.990.0011.0537.58107.3323.2914.5415.23
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023
471
446
Operating Profit
OPM %
Other Income
0
Interest
3
Depreciation
1
21
Tax %
24.96%
Net Profit
16
7
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
546
524
Operating Profit
OPM %
Other Income
0
Interest
3
Depreciation
1
18
Tax %
24.86%
Net Profit
13
6
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
765
737
Operating Profit
OPM %
Other Income
0
Interest
5
Depreciation
1
22
Tax %
24.96%
Net Profit
17
8
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
557
532
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
1
23
Tax %
28.13%
Net Profit
16
7
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
505
466
Operating Profit
OPM %
Other Income
0
Interest
3
Depreciation
2
34
Tax %
25.47%
Net Profit
25
11
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
1,005
967
Operating Profit
OPM %
Other Income
0
Interest
3
Depreciation
2
33
Tax %
24.67%
Net Profit
25
11
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
1,084
1,029
Operating Profit
OPM %
Other Income
1
Interest
4
Depreciation
2
49
Tax %
24.40%
Net Profit
37
17
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
717
675
Operating Profit
OPM %
Other Income
0
Interest
4
Depreciation
4
35
Tax %
27.27%
Net Profit
25
11
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
540
486
Operating Profit
OPM %
Other Income
1
Interest
4
Depreciation
3
49
Tax %
25.05%
Net Profit
36
16
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
968
892
Operating Profit
OPM %
Other Income
0
Interest
4
Depreciation
3
69
Tax %
25.75%
Net Profit
51
23
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
1,222
1,117
Operating Profit
OPM %
Other Income
0
Interest
5
Depreciation
3
98
Tax %
25.36%
Net Profit
73
32
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
1,335
1,266
Operating Profit
OPM %
Other Income
4
Interest
4
Depreciation
3
67
Tax %
23.93%
Net Profit
51
22
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
852
767
Operating Profit
OPM %
Other Income
1
Interest
5
Depreciation
3
86
Tax %
25.24%
Net Profit
64
3
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018
660
638
Operating Profit
22
OPM %
3
Other Income
0
Interest
10
Depreciation
1
11
Tax %
28
Net Profit
8
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2019
812
784
Operating Profit
28
OPM %
3
Other Income
0
Interest
10
Depreciation
2
16
Tax %
28
Net Profit
12
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
Minority Interest
0
Share of Associates
0
Adjusted EPS
5
Mar 2020
809
774
Operating Profit
35
OPM %
4
Other Income
0
Interest
10
Depreciation
3
22
Tax %
25
Net Profit
17
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
7
Minority Interest
0
Share of Associates
0
Adjusted EPS
7
Mar 2021
1,218
1,167
Operating Profit
51
OPM %
4
Other Income
0
Interest
11
Depreciation
4
37
Tax %
25
Net Profit
27
EPS
12
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
12
Minority Interest
0
Share of Associates
0
Adjusted EPS
12
Mar 2022
1,731
1,659
Operating Profit
75
OPM %
4
Other Income
3
Interest
15
Depreciation
5
55
Tax %
26
Net Profit
40
EPS
18
Dividend Payout %
6
Minority Interest
0
Share of Associates
0
Adjusted EPS
18
Minority Interest
0
Share of Associates
0
Adjusted EPS
18
Mar 2023
1,975
1,898
Operating Profit
77
OPM %
4
Other Income
0
Interest
11
Depreciation
5
61
Tax %
25
Net Profit
45
EPS
20
Dividend Payout %
5
Minority Interest
0
Share of Associates
0
Adjusted EPS
20
Minority Interest
0
Share of Associates
0
Adjusted EPS
20
Mar 2024
2,340
2,239
Operating Profit
101
OPM %
4
Other Income
0
Interest
12
Depreciation
6
83
Tax %
26
Net Profit
62
EPS
28
Dividend Payout %
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
28
Minority Interest
0
Share of Associates
0
Adjusted EPS
28
Mar 2025
3,311
3,137
Operating Profit
175
OPM %
5
Other Income
2
Interest
15
Depreciation
9
151
Tax %
25
Net Profit
113
EPS
50
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
50
Minority Interest
0
Share of Associates
0
Adjusted EPS
50
TTM
4,377
4,042
Operating Profit
OPM %
Other Income
5
Interest
17
Depreciation
11
320
Tax %
25
Net Profit
240
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
33%
3 Years:
24%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
47%
3 Years:
41%

STOCK PRICE CAGR

10 Years:
5 Years:
49%
3 Years:
53%
1 Year:
-10%

RETURN ON EQUITY

10 Years:
5 Years:
32%
3 Years:
31%
Last Year:
35%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2023

Sep 22

₹ 0.10

2022

Sep 22

₹ 0.10

Mar 2018
Equity Capital
22
19
47
Trade Payables
15
91
Total Liabilities
195
26
Capital Work in Progress
0
0
148
0
Cash & Bank
7
14
Total Assets
195
Total Debt
125
Net Working Capital
89
Contingent Liabilities
0
Book Value per Share
18.46
Face Value
10.00
Total Debt
125
Net Working Capital
89
Contingent Liabilities
0
Book Value per Share
18.46
Face Value
10.00
Mar 2019
Equity Capital
22
31
50
Trade Payables
51
77
Total Liabilities
230
27
Capital Work in Progress
0
0
185
0
Cash & Bank
7
11
Total Assets
230
Total Debt
99
Net Working Capital
74
Contingent Liabilities
0
Book Value per Share
23.76
Face Value
10.00
Total Debt
99
Net Working Capital
74
Contingent Liabilities
0
Book Value per Share
23.76
Face Value
10.00
Mar 2020
Equity Capital
22
47
90
Trade Payables
58
50
Total Liabilities
269
30
Capital Work in Progress
1
0
230
0
Cash & Bank
2
6
Total Assets
269
Total Debt
97
Net Working Capital
47
Contingent Liabilities
0
Book Value per Share
31.33
Face Value
10.00
Total Debt
97
Net Working Capital
47
Contingent Liabilities
0
Book Value per Share
31.33
Face Value
10.00
Mar 2021
Equity Capital
22
75
146
Trade Payables
78
77
Total Liabilities
397
42
Capital Work in Progress
0
2
320
0
Cash & Bank
11
21
Total Assets
397
Total Debt
158
Net Working Capital
74
Contingent Liabilities
0
Book Value per Share
43.67
Face Value
10.00
Total Debt
158
Net Working Capital
74
Contingent Liabilities
0
Book Value per Share
43.67
Face Value
10.00
Mar 2022
Equity Capital
22
116
125
Trade Payables
61
90
Total Liabilities
414
50
Capital Work in Progress
0
0
350
0
Cash & Bank
5
8
Total Assets
414
Total Debt
160
Net Working Capital
125
Contingent Liabilities
0
Book Value per Share
62.04
Face Value
10.00
Total Debt
160
Net Working Capital
125
Contingent Liabilities
0
Book Value per Share
62.04
Face Value
10.00
Mar 2023
Equity Capital
22
159
96
Trade Payables
63
85
Total Liabilities
425
49
Capital Work in Progress
0
0
346
0
Cash & Bank
5
24
Total Assets
425
Total Debt
116
Net Working Capital
161
Contingent Liabilities
0
Book Value per Share
81.36
Face Value
10.00
Total Debt
116
Net Working Capital
161
Contingent Liabilities
0
Book Value per Share
81.36
Face Value
10.00
Mar 2024
Equity Capital
22
216
152
Trade Payables
72
95
Total Liabilities
558
49
Capital Work in Progress
0
0
455
1
Cash & Bank
29
25
Total Assets
558
Total Debt
160
Net Working Capital
204
Contingent Liabilities
0
Book Value per Share
107.28
Face Value
10.00
Total Debt
160
Net Working Capital
204
Contingent Liabilities
0
Book Value per Share
107.28
Face Value
10.00
Mar 2025
Equity Capital
23
376
157
Trade Payables
177
140
Total Liabilities
873
65
Capital Work in Progress
11
0
722
2
Cash & Bank
23
50
Total Assets
873
Total Debt
165
Net Working Capital
346
Contingent Liabilities
1
Book Value per Share
176.15
Face Value
10.00
Total Debt
165
Net Working Capital
346
Contingent Liabilities
1
Book Value per Share
176.15
Face Value
10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018
-9
Cash from Investing
-17
Cash from Financing
30
3
Free Cash Flow
-9
OCF / Net Profit
-1.16
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.16
Cumulative 5-Year FCF
0
Mar 2019
37
Cash from Investing
-3
Cash from Financing
-34
0
Free Cash Flow
35
OCF / Net Profit
3.16
Cumulative 5-Year FCF
0
OCF / Net Profit
3.16
Cumulative 5-Year FCF
0
Mar 2020
7
Cash from Investing
-2
Cash from Financing
-11
-5
Free Cash Flow
1
OCF / Net Profit
0.44
Cumulative 5-Year FCF
0
OCF / Net Profit
0.44
Cumulative 5-Year FCF
0
Mar 2021
-29
Cash from Investing
-12
Cash from Financing
50
9
Free Cash Flow
-43
OCF / Net Profit
-1.07
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.07
Cumulative 5-Year FCF
0
Mar 2022
17
Cash from Investing
-5
Cash from Financing
-18
-6
Free Cash Flow
4
OCF / Net Profit
0.41
Cumulative 5-Year FCF
0
OCF / Net Profit
0.41
Cumulative 5-Year FCF
0
Mar 2023
61
Cash from Investing
-1
Cash from Financing
-60
0
Free Cash Flow
57
OCF / Net Profit
1.35
Cumulative 5-Year FCF
54
OCF / Net Profit
1.35
Cumulative 5-Year FCF
54
Mar 2024
-0
Cash from Investing
-4
Cash from Financing
28
24
Free Cash Flow
-0
OCF / Net Profit
-0.00
Cumulative 5-Year FCF
19
OCF / Net Profit
-0.00
Cumulative 5-Year FCF
19
Mar 2025
-19
Cash from Investing
-27
Cash from Financing
40
-6
Free Cash Flow
-53
OCF / Net Profit
-0.17
Cumulative 5-Year FCF
-35
OCF / Net Profit
-0.17
Cumulative 5-Year FCF
-35

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018
EPS (₹)
3.66
Book Value (₹)
18.46
Dividend per Share (₹)
0.00
Cash EPS (₹)
4.25
Operating Margin %
3.35%
Net Margin %
1.23%
ROE %
19.83%
ROCE %
12.53%
4.18%
Debtor Days
1
Inventory Days
82
Payable Days
9
74
Debt to Equity (x)
3.03x
Interest Coverage (x)
2.18x
2.14x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2019
EPS (₹)
5.30
Book Value (₹)
23.76
Dividend per Share (₹)
0.00
Cash EPS (₹)
6.12
Operating Margin %
3.45%
Net Margin %
1.45%
ROE %
25.10%
ROCE %
16.48%
5.55%
Debtor Days
1
Inventory Days
75
Payable Days
16
60
Debt to Equity (x)
1.87x
Interest Coverage (x)
2.70x
1.57x
Revenue Growth %
23.10%
Operating Profit Growth %
26.79%
Net Profit Growth %
44.73%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2020
EPS (₹)
7.49
Book Value (₹)
31.33
Dividend per Share (₹)
0.00
Cash EPS (₹)
8.84
Operating Margin %
4.30%
Net Margin %
2.06%
ROE %
27.21%
ROCE %
19.95%
6.69%
Debtor Days
1
Inventory Days
94
Payable Days
27
68
Debt to Equity (x)
1.39x
Interest Coverage (x)
3.33x
1.25x
Revenue Growth %
-0.43%
Operating Profit Growth %
24.23%
Net Profit Growth %
41.44%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2021
EPS (₹)
12.34
Book Value (₹)
43.67
Dividend per Share (₹)
0.00
Cash EPS (₹)
14.11
Operating Margin %
4.22%
Net Margin %
2.25%
ROE %
32.91%
ROCE %
22.51%
8.25%
Debtor Days
1
Inventory Days
82
Payable Days
22
61
Debt to Equity (x)
1.63x
Interest Coverage (x)
4.39x
1.27x
Revenue Growth %
50.65%
Operating Profit Growth %
47.98%
Net Profit Growth %
64.67%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
18.17
Book Value (₹)
62.04
Dividend per Share (₹)
1.00
Cash EPS (₹)
20.58
Operating Margin %
4.35%
Net Margin %
2.34%
ROE %
34.38%
ROCE %
25.29%
9.97%
Debtor Days
1
Inventory Days
71
Payable Days
16
56
Debt to Equity (x)
1.16x
Interest Coverage (x)
4.57x
1.52x
Revenue Growth %
42.13%
Operating Profit Growth %
46.29%
Net Profit Growth %
47.24%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
20.36
Book Value (₹)
81.36
Dividend per Share (₹)
1.00
Cash EPS (₹)
22.57
Operating Margin %
3.90%
Net Margin %
2.29%
ROE %
28.40%
ROCE %
24.28%
10.81%
Debtor Days
0
Inventory Days
64
Payable Days
12
52
Debt to Equity (x)
0.64x
Interest Coverage (x)
6.28x
1.76x
Revenue Growth %
14.08%
Operating Profit Growth %
2.37%
Net Profit Growth %
12.07%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
27.80
Book Value (₹)
107.28
Dividend per Share (₹)
1.00
Cash EPS (₹)
30.31
Operating Margin %
4.31%
Net Margin %
2.64%
ROE %
29.47%
ROCE %
27.51%
12.59%
Debtor Days
0
Inventory Days
62
Payable Days
11
51
Debt to Equity (x)
0.67x
Interest Coverage (x)
7.77x
1.67x
Revenue Growth %
18.47%
Operating Profit Growth %
31.46%
Net Profit Growth %
36.51%
36.51%
P/E (x)
30.09x
P/B (x)
7.80x
Dividend Yield %
0.12%
19.67x
Mar 2025
EPS (₹)
49.73
Book Value (₹)
176.15
Dividend per Share (₹)
0.00
Cash EPS (₹)
53.75
Operating Margin %
5.25%
Net Margin %
3.40%
ROE %
35.33%
ROCE %
34.36%
15.75%
Debtor Days
0
Inventory Days
65
Payable Days
15
50
Debt to Equity (x)
0.41x
Interest Coverage (x)
10.82x
1.77x
Revenue Growth %
41.49%
Operating Profit Growth %
73.21%
Net Profit Growth %
82.17%
78.91%
P/E (x)
27.39x
P/B (x)
7.73x
Dividend Yield %
0.00%
18.40x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
75.00
0.06
0.00
Government
0.00
24.94
Sep 2024
73.82
0.13
0.00
Government
0.00
26.05
Dec 2024
73.82
0.20
0.05
Government
0.00
25.93
Mar 2025
74.99
0.20
0.05
Government
0.00
24.76
Jun 2025
74.99
0.21
0.01
Government
0.00
24.78
Sep 2025
74.88
0.23
0.01
Government
0.00
24.89
Dec 2025
74.88
0.22
0.00
Government
0.00
24.89
Mar 2026
74.89
0.32
0.00
Government
0.00
24.79
Jun 2026
74.89
0.23
0.00
Government
0.00
24.88

Documents

Announcements

  • General Updates

    2026-08-17 - D. P. Abhushan Limited announces a new showroom under its brand name "D.P. Jewellers" at Jodhpur, Rajasthan under the COCO Model.

  • Outcome of Board Meeting

    2026-08-05 - D. P. Abhushan Limited has informed the Exchange regarding Outcome of Board Meeting held on August 05, 2026 to change the address at which the books of account are to be maintained

Credit Ratings

Nothing filed yet.

Concalls