| Revenue growth | H1 total income +7% YoY; Q2 YoY growth not stated. |
|---|---|
| Margins | H1 EBITDA margin 9.61% vs 8.68%; PAT margin 6.45% vs 5.82%. |
| Demand visibility | Strong early Q3 festive and wedding demand; 75-80% sales from these. |
| Management confidence | Balanced to defensive; deflects peer gaps and fundraise pricing questions. |
Growth
H1 EBITDA +18% to ₹155 Cr; margin 9.61% vs 8.68%. Festive sales ₹815 Cr, +13.8%; gold +9.3%, silver +29%.
Outlook
H2 expected at 65-72% of annual sales; 3-4 new showrooms by March 2027. No revenue or profit growth guidance given.
Risks
Q2 EBITDA only ₹61 Cr; 28-30% of sales via old-gold exchange; diamond unfinalised; fundraise priced below market.
Last quarter's promises, checked
Delivered
- Jabalpur/Dahod 'operational soon' → opened (= BEAT)
- 2-3 FOCO/yr → Jabalpur, Dhar FOCO opened (= BEAT)
- Festive numbers 'once Aug starts' → ₹815 Cr, +13.8% (= BEAT)
Partly delivered
- Demand rebounds on stable gold → festive +13.8%, H1 income +7% vs Q1 +58% (= PARTIAL)
Missed
- 5-6 new stores FY27 → 3-4 by Mar-27 (= MISS)
- Diamond 2-3x by Mar-28 → unfinalised; Q1 diamond ₹29 Cr vs ₹31 Cr (= MISS)
- ~10% volume growth FY27-28 → Q1 1-2%; H1 volume undisclosed (= MISS)
Earnings Call Transcript filed with NSE, NSE: DPABHUSHAN. Summary written with AI assistance from the document.
D P Abhushan Ltd: key numbers
- Share price
- ₹1,965.10
- Market cap
- ₹4,486 Cr
- Revenue (annual)
- ₹4,065 Cr
- Net profit (annual)
- ₹211.8 Cr
- P/E (TTM)
- 19.7×Sector 46.9×
- Promoter holding
- 74.89%+0.00% QoQ
- FII holding
- 0.45%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from D P Abhushan Ltd
All →D P Abhushan Investor Presentation: Key Takeaways
Q2FY27 revenue ₹761 Cr (-21% YoY), EBITDA ₹61 Cr (-19%), PAT ₹40 Cr (-23%). H1FY27 revenue ₹1,615 Cr (+7%), PAT ₹104 Cr (+19%). Festive timing shift cited.
D P Abhushan Management Change
D. P. Abhushan disclosed that statutory auditor Jeevan Jagetiya & Co. resigned effective 10 November 2026, citing capacity constraints. The resignation letter and Annexure I/A details were filed under Regulation 30.
D P Abhushan Results Update
D.P. Abhushan reported H1-FY27 PAT of Rs.104.19 Crore, up 19%, with total revenue of Rs.1,614.90 Crore. The company added showrooms and expects record Q3-FY27 turnover.
D P Abhushan Q2 FY27 Results: Net Profit ₹39.7 Cr, Down 22.9% YoY
D P Abhushan Ltd reported revenue from operations of ₹759.9 Cr (-21.5% YoY) and net profit of ₹39.7 Cr (-22.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹39.7 Cr · -22.9% YoY
D P Abhushan Board Meeting Date
D.P. Abhushan Limited has scheduled a board meeting on November 6, 2026. The board will consider and approve unaudited financial results for the quarter ended September 30, 2026.
D P Abhushan Preferential Issue
D. P. Abhushan's scrutinizer report confirms voting results for its 29 October 2026 EOGM on preferential issues of equity shares and fully convertible warrants. No monetary amount is stated in the filing.