D. P. Abhushan Limited (DPABHUSHAN) Earnings Call Transcripts

D. P. Abhushan Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, D. P. Abhushan Limited reported a significant revenue increase of 87% year-on-year, totaling INR 1,338.9 crores, driven by strong demand and new store openings. The company achieved an EBITDA of INR 73 crore, reflecting a 72% increase, with a margin of 5.45%. For the full fiscal year, revenues reached INR 4,070 crores, a 23% growth, with guidance for FY '27 indicating a continued revenue growth target of 20-25%. Management highlighted the importance of gold and silver segments, with gold revenue growing 80% year-on-year in Q4, while silver saw a remarkable 333% increase.

Reported metrics

Guidance from management

Management expects to achieve a revenue growth of 20-25% for FY '27, with plans to reach INR 4,800 to 5,500 crores. They aim to maintain margins through improved operational efficiency and hedging strategies.

What management said

See, definitely, the gold prices playing very important role in the last quarter, which everybody has visualized because of the geopolitical situation. But nevertheless, on the SPV side, for the entire year, when we look at the numbers, so the DC has been increased almost 30% as compared to the previous year where we had a duty of around 7.72% compared to with the 10% GP we have achieved during this year.

It may have an impact slightly on the margin side. But yes, we have started taking all the possible segment of the products available in the market, whether it is BNL or whether it is future market or any kind of leasing, which is available in the market. I mean it is going to help in our working capital cycle also. And definitely, the finance cost is going to gradually down also.

What analysts pressed on

Analysts expressed concerns regarding the drop in gross margins and the increase in inventory days, which rose to 200 days in FY '26. They are particularly worried about the impact of geopolitical factors on future margins and cash flow normalization.

Main topics on the call

• Strong Revenue Growth — D. P. Abhushan reported Q4 FY '26 revenues of INR 1,338.9 crores, an impressive 87% increase year-on-year. Management stated, 'This strong year-on-year growth reflects our improved business scale and profitability.'
• EBITDA and Margin Improvement — The company's EBITDA for Q4 FY '26 was INR 73 crore, up 72% year-on-year, with an EBITDA margin of 5.45%. This reflects operational efficiency improvements, as noted by management.
• Product Mix and Demand Trends — Gold jewelry accounted for 60% of sales, with a notable 80% revenue growth in Q4. The silver segment saw a staggering 333% increase, indicating strong customer traction and improved product mix.
• Store Expansion Strategy — Management confirmed plans to open 3 to 4 new stores annually, targeting regions like Rajasthan and Gujarat. They aim to reach a total of 51 stores by 2030, emphasizing a disciplined approach to expansion.

Read the full D. P. Abhushan Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 D. P. Abhushan Limited earnings call transcripts on record, spanning July 19, 2024 to July 22, 2026. Based on this history, D. P. Abhushan Limited reports annually. The most recent call on file is dated July 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

DPABHUSHAN

Exchange

NSEI

Country

IN

Sector

Consumer Discretionary

Industry

Specialty Retail

Calls on record

4

First call

July 19, 2024

Most recent

July 22, 2026

Reporting cadence

annually