D. P. Abhushan Limited Reports Strong FY26 Results, Highlights 88% PAT Growth
D. P. Abhushan Limited, a major player in the jewellery sector, announced its financial results for the fourth quarter and full year ended March 31, 2026. The company reported strong operational growth, citing an 88% year-on-year (YoY) increase in Profit After Tax (PAT) and a 77% EBITDA expansion for the fiscal year 2026.The company, which operates across 12 different geographies, maintains a legacy spanning 86 years and emphasizes purity and transparency in its product portfolio.
Financial Performance Highlights
The financial results indicate robust growth across key metrics. The following table summarizes the financial performance in ₹ Crore:| Metric | Q4 FY26 | Q4 FY25 | % YoY (Q4) | FY26 | FY25 | % YoY (Annual) |
|---|---|---|---|---|---|---|
| Total Revenue | 1338.89 | 717.64 | 87% | 4070.33 | 3312.35 | 23% |
| EBITDA | 72.99 | 42.39 | 72% | 309.67 | 174.53 | 77% |
| EBITDA Margin% | 5.45% | 5.91% | -45 bps | 7.61% | 5.27% | 234 bps |
| PAT | 50.60 | 25.15 | 101% | 211.84 | 112.70 | 88% |
| PAT Margin% | 3.78% | 3.50% | 28 bps | 5.20% | 3.40% | 180 bps |
For the full year 2026, Total Revenue grew 23% YoY, reaching ₹4,070 crore. EBITDA saw a significant increase of 77% YoY to ₹310 crore, with the EBITDA margin improving to 7.61%. Profit After Tax (PAT) rose 88% YoY, totaling ₹212 crore, reflecting strong profitability growth.
Strategic Growth and Operational Expansion
D. P. Abhushan Limited continued its expansion efforts throughout the year. The company strengthened its presence in Central India with the inauguration of a new showroom in Dhar, Madhya Pradesh. This addition brought the total physical showroom count to 12 locations.To accelerate its customer reach, the company focused on enhancing its omni-channel capabilities. This included the launch of its official e-commerce website at www.dpjewellers.com. Furthermore, the company placed its mobile app in the final testing phase and expanded its presence across leading online marketplaces.
The company also introduced 'DP Swarn Plus,' a structured gold accumulation scheme. This initiative is designed to enhance customer affordability by enabling customers to convert savings into advance-booked jewellery purchases, thereby supporting demand visibility in the current high gold price environment.
Operationally, the company maintained a Footfall Conversion ratio of 82% and saw the Inventory turnover ratio stand at 4.7 times in FY26. Average tickets during the year reached ₹1,27,015.
To manage market risks, D. P. Abhushan Limited also initiated the utilization of Gold Metal Loans (GML) and implemented hedging strategies to protect margins and mitigate gold price volatility.
During the review of the performance, the Managing Director noted that despite industry challenges and elevated gold prices, the company demonstrated remarkable resilience. He emphasized that the combination of strong operational performance, expanding retail footprint, and comprehensive digital initiatives positions D. P. Abhushan Limited to benefit from underlying structural demand drivers.
DPABHUSHAN Stock Price Movement
Today, D. P. Abhushan Limited shares edged higher, closing at ₹927.4, reflecting a gain of 2.72%. The stock saw significant trading activity today, settling on a total traded volume of 98,197 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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