D.P. Abhushan Ltd Q3 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Published 15 Jul 2026 | Consumer Durables | Market Cap: ₹3.4K Cr
DP Abhushan aims to double its number of stores in the next 2-3 years, targeting expansion primarily in Tier-2 and Tier-3 towns across Madhya Pradesh, Rajasthan, Gujarat, Chhattisgarh, with considerations for UP and Bihar. DP Abhushan is targeting 20%-25% revenue growth for the upcoming years, building on a strong 42% growth in Q3 FY25.
From D.P. Abhushan Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹1,482
Market Cap
₹3.4K Cr
P/E Ratio
14.2
How does D.P. Abhushan Ltd rank in Consumer Durables?
Compare D.P. Abhushan Ltd against every Consumer Durables company this quarter on revenue, margins and earnings-call signals.
D.P. Abhushan Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.3K Cr, net profit ₹51 Cr.
Full financials →📊 Revenue & Sales Performance
- →DP Abhushan aims to double its number of stores in the next 2-3 years, targeting expansion primarily in Tier-2 and Tier-3 towns across Madhya Pradesh, Rajasthan, Gujarat, Chhattisgarh, with considerations for UP and Bihar.
- →The company plans to raise ₹600 crores via QIP to fund inventory and capex for new showrooms, supporting growth.
- →Sales growth has been strong: 42% YoY revenue growth in Q3 FY25, with 45% growth over nine months, and management targets a conservative 20%-25% growth moving forward.
- →Wedding jewelry, especially 18-carat and rose gold demand, is a key driver, with overall gold demand in India expected to grow 12%-15% by FY25.
- →Expansion includes both company-owned stores and franchises, with 2-3 franchise stores planned initially.
- →Focus on product diversification and strategic marketing to sustain momentum and increase market share.
📈 Profitability & Margins
- →DP Abhushan is targeting 20%-25% revenue growth for the upcoming years, building on a strong 42% growth in Q3 FY25.
- →Management aims to improve margins by focusing on higher-margin categories such as wedding, diamond, studded, and Polki jewelry.
- →EBITDA margin improved by 135 bps to 5.14% in Q3 FY25, indicating operational leverage.
- →The company plans to double its store count in the next 2-3 years, expanding mainly in Tier-2 and Tier-3 towns across Madhya Pradesh, Rajasthan, Gujarat, Chhattisgarh, UP, and Bihar.
- →A QIP of ₹600 crores is being raised primarily to fuel inventory expansion and store openings, supporting future earnings growth.
- →New franchises and company-owned store expansions contribute to expected top-line and profitability enhancements.
- →Outlook remains confident with sustained demand in the jewelry sector, particularly in wedding and premium segments, underpinning future EPS growth potential.
🏗️ Capital Expenditure Plans
- →DP Abhushan Limited is planning strategic expansion with new showroom launches.
- →Recently opened a showroom in Neemuch, Madhya Pradesh (7,700 sq. ft., Ground+3 layout).
- →Construction ongoing for a second showroom in Ratlam with 12,000 sq. ft. (8,000 sq. ft. retail + back-office).
- →Expected to launch the Ratlam showroom by the end of FY25.
- →Planning to raise up to ₹600 crores through QIP, primarily for inventory and CAPEX including store development.
- →Fundraising proceeds will support opening new company-owned stores.
- →Target to double the number of stores in the next 2-3 years with a mix of small and big stores (approx. 10 new stores planned).
- →Expansion focus is on Tier-2 and Tier-3 towns in Madhya Pradesh, Rajasthan, Gujarat, Chhattisgarh, and possibly Uttar Pradesh and Bihar.
- →Also planning to open 2-3 franchise stores within the next 2 years to complement company-owned store growth.
💰 Fundraising & Capital Structure
- →DP Abhushan Limited is planning to raise up to ₹600 crores through a Qualified Institutional Placement (QIP), an equity fundraising route.
- →The primary use of this ₹600 crore fundraise is to support company-owned store expansion, including inventory and CAPEX for new showrooms.
- →There is no mention of any current or planned debt fundraising in the provided document.
- →Additionally, the company plans to open 2-3 franchise stores in the next 2 years, but funding for these franchises is not specified in the call.
- →The QIP proceeds will strengthen market presence and drive long-term value creation through store network expansion across key regions in India.
📋 Order Book & Pipeline
Key Metrics
Frequently Asked Questions
What were D.P. Abhushan Ltd Q3 FY25 results?
DP Abhushan aims to double its number of stores in the next 2-3 years, targeting expansion primarily in Tier-2 and Tier-3 towns across Madhya Pradesh, Rajasthan, Gujarat, Chhattisgarh, with considerations for UP and Bihar. DP Abhushan is targeting 20%-25% revenue growth for the upcoming years, building on a strong 42% growth in Q3 FY25.
What is D.P. Abhushan Ltd share price analysis?
D.P. Abhushan Ltd currently shows a neutral. The stock trades at a P/E of 14.2 with a market cap of ₹3,413 Cr. Investors should review the full earnings analysis for detailed insights.
Is D.P. Abhushan Ltd planning capital expenditure?
DP Abhushan Limited is planning strategic expansion with new showroom launches. - Recently opened a showroom in Neemuch, Madhya Pradesh (7,700 sq.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.