D.P. Abhushan Ltd
D. P. Abhushan Limited is engaged in the business of manufacturing, selling, and trading Jewellery and other precious Metals. It is also engaged in the business of Power generation through Windmill. [1]
Famous Jewellery store in Ratlam (M.P) Three more stores fully operational in Indore, Bhopal & Udaipur.
- Market Cap ₹ 3,483 Cr.
- Current Price ₹ 1,543
- High / Low ₹ 1,928 / 540
- Stock P/E 41.9
- Book Value ₹ 149
- Dividend Yield 0.00 %
- ROCE 27.1 %
- ROE 29.5 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 39.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.4%
Cons
- Stock is trading at 10.3 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 451 | 660 | 812 | 807 | 1,215 | 1,728 | 1,971 | 2,337 | 2,832 | |
| 433 | 638 | 784 | 773 | 1,164 | 1,653 | 1,893 | 2,234 | 2,702 | |
| Operating Profit | 18 | 22 | 28 | 34 | 51 | 75 | 79 | 103 | 129 |
| OPM % | 4% | 3% | 3% | 4% | 4% | 4% | 4% | 4% | 5% |
| 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 12 | 10 | 10 | 10 | 11 | 15 | 13 | 14 | 12 |
| Depreciation | 1 | 1 | 2 | 3 | 4 | 5 | 5 | 6 | 6 |
| Profit before tax | 8 | 11 | 16 | 22 | 37 | 55 | 61 | 83 | 112 |
| Tax % | 35% | 28% | 28% | 25% | 25% | 26% | 25% | 26% | |
| 5 | 8 | 12 | 17 | 27 | 40 | 45 | 62 | 83 | |
| EPS in Rs | 3.66 | 5.30 | 7.49 | 12.34 | 18.17 | 20.36 | 27.80 | 37.17 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 6% | 5% | 4% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 24% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 31% |
| TTM: | 57% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 106% |
| 3 Years: | 78% |
| 1 Year: | 167% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 30% |
| Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 23 |
| Reserves | 0 | 19 | 31 | 47 | 75 | 116 | 159 | 216 | 315 |
| 96 | 125 | 99 | 97 | 171 | 170 | 126 | 173 | 186 | |
| 21 | 29 | 78 | 102 | 129 | 105 | 102 | 126 | 199 | |
| Total Liabilities | 138 | 195 | 230 | 269 | 397 | 414 | 409 | 537 | 722 |
| 19 | 26 | 27 | 30 | 42 | 50 | 49 | 49 | 54 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| 119 | 169 | 203 | 238 | 352 | 363 | 360 | 488 | 667 | |
| Total Assets | 138 | 195 | 230 | 269 | 397 | 414 | 409 | 537 | 722 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| 8 | -9 | 37 | 7 | -29 | 17 | 61 | -0 | |
| 8 | -17 | -3 | -2 | -12 | -5 | -1 | -4 | |
| -16 | 30 | -34 | -11 | 50 | -18 | -60 | 28 | |
| Net Cash Flow | 1 | 3 | 0 | -5 | 9 | -6 | 0 | 24 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 0 |
| Inventory Days | 96 | 88 | 89 | 113 | 103 | 79 | 69 | 76 |
| Days Payable | 5 | 9 | 25 | 29 | 25 | 14 | 12 | 12 |
| Cash Conversion Cycle | 92 | 80 | 66 | 85 | 79 | 66 | 56 | 64 |
| Working Capital Days | 78 | 72 | 52 | 61 | 63 | 52 | 47 | 52 |
| ROCE % | 15% | 16% | 20% | 22% | 24% | 24% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2m - Press Release Titled - "D. P. Abhushan Limited Inaugurates a New Showroom in Neemuch, Madhya Pradesh, Further Expanding Footprints in Central India."
-
Announcement Under Regulation 30 -Formulation And Implementation Of "Employee Stock Option Plan 2024" & The Payment Of Remuneration By Way Of Commission To The Independent Directors And Non-Executive Director
23h - Resignation of Independent Director and approval of ESOP 2024.
-
Announcement under Regulation 30 (LODR)-Change in Management
23h - Resignation of Independent Director and approval of ESOP 2024.
-
Board Meeting Outcome for Outcome For Board Meeting Held On 20.11.2024
23h - Resignation of Independent Director and approval of ESOP 2024.
- Closure of Trading Window 15 Nov
Annual reports
Concalls
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Nov 2024Transcript PPT
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Jul 2024Transcript PPT REC
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May 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Oct 2020TranscriptNotesPPT
Product Portfolio
Necklaces, Rings, Chains, Bangles, Pendants, Earrings, Armlets, Gajrahs, Nose Rings, Mangalsutra, Gold jewellery, Diamond studded jewellery, Precious and semi-precious stone studded jewellery, Plain and diamond-studded platinum jewellery, Jadau Jewellery, Jewellery with coloured stones in gold and diamond. [1]