
Bhopal: DP Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 86 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 12 different geographics in India, announced its financial results for the fourth quarter and full year ended 31st March 2026.
The company reported a strong performance with Q4FY26 PAT rising 101% YoY to ₹51 crore and revenue surging 87% YoY to ₹1,339 crore. The growth was driven by robust consumer demand, retail expansion, and continued focus on omni-channel initiatives.
Q4FY26 Highlights:
- Profit After Tax (PAT) for Q4FY26 jumped to ₹50.60 crore, up 101 % as against ₹25.15 crore in the corresponding quarter of the previous financial year.
- Total Revenue for the quarter surged to ₹1,338.89 crore, rising by 87 % from ₹717.24 crore in Q4 FY2024-25, reflecting strong consumer demand and the continued expansion of the Company’s retail network.
FY26 Highlights:
- Profit After Tax (PAT) rose 88% YoY to ₹212 crore as against Rs 113 crore in FY26
- Total Revenue for FY26 grew 23% YoY to ₹4,070 crore as compared to Rs 3312 crore in the same period of last year, reflecting resilient performance and healthy demand across stores.
Business Highlights:
- Following the successful launch of its second showroom in Ratlam earlier this year, D. P. Abhushan Limited further strengthened its Central India presence with the inauguration of a new showroom in Dhar, Madhya Pradesh, taking the total showroom count to 12.
- Accelerating Omni-Channel Capabilities to Expand Customer Reach (E-commerce website launched www.dpjewellers.com, mobile app in final testing phase, and active expansion across leading online marketplaces).This initiative is expected to expand digital reach, strengthen customer engagement, and support revenue growth through an integrated omni-channel strategy, in line with the Company’s focus on technology-led customer experience.
- Launched ‘DP Swarn Plus’, a structured gold accumulation scheme designed to enhance customer affordability and convert savings into advance-booked jewellery purchases, thereby strengthening demand visibility in a high gold price environment.
- Initiated utilizing Gold Metal Loans (GML) and hedging strategies to manage gold price volatility and protect margins.
- Footfall Conversion ratio remained at 82%
- Inventory turnover ratio stood 4.7x times in FY26.
- Average tickets during the year stood at ₹1,27,015
Commenting on the performance, Mr. Santosh Kataria, Managing Director said: “FY26 has been a landmark year for D. P. Abhushan Limited, marked by strong operational performance, disciplined execution, and continued strategic expansion. Despite elevated gold prices and broader industry challenges impacting demand volumes, the Company demonstrated remarkable resilience, delivering steady revenue growth supported by robust customer footfalls, strong conversion rates, and deep-rooted brand trust.
During the year, the Company further strengthened its footprint in Central India with the successful inauguration of a new showroom in Dhar, following the expansion in Ratlam earlier in the year, taking the total showroom network to 12. In line with evolving consumer preferences, the Company also launched its official e-commerce platform, marking a significant step towards building a comprehensive omni-channel ecosystem. This initiative is expected to further enhance customer engagement, expand geographic reach, and drive incremental growth by seamlessly integrating online and offline experiences. The Company has also strengthened its risk management framework through Proactive adoption of Gold Metal Loans (GML) and hedging mechanisms to manage volatility and maintain margin stability s, effectively safeguarding inventory against gold price volatility and ensuring stability in margins.
While recent regulatory measures, government announcements, and elevated gold prices may influence short-term consumer sentiment, the Company has already strengthened its demand resilience through initiatives such as gold exchange programs and structured monthly accumulation schemes like DP Swarn Plus. These initiatives enable smoother demand conversion and customer engagement in a challenging environment. Looking ahead, D. P. Abhushan Limited remains well-positioned to benefit from underlying structural demand drivers, supported by its strong brand equity, expanding retail footprint, digital initiatives, and disciplined financial management, with a continued focus on delivering sustainable growth and long-term value for all stakeholders”.