Ratlam-based listed jewellery firm DP Abhushan Ltd reported an 88% jump in annual profit, helped by strong demand across stores, expansion of its showroom network and improved operating margins.
The company posted a profit after tax of Rs 211.84 crore for the financial year ended March 31, 2026, compared with Rs 112.70 crore a year earlier, according to its regulatory filing.
The company said in its stock exchange filing that revenue from operations rose 23% year-on-year to Rs 4,070.33 crore in FY26 from Rs 3,312.35 crore in the previous year. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 77% to Rs 309.67 crore, while EBITDA margin expanded to 7.61% from 5.27% a year earlier.
“FY26 has been a landmark year for DP Abhushan, marked by strong operational performance, disciplined execution, and continued strategic expansion,” said Santosh Kataria, managing director of the firm. “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.”
The company also said it added a new showroom in Dhar, Madhya Pradesh, after opening its second outlet in Ratlam earlier in the year, bringing its total showroom count to 12.
The company has a presence in Madhya Pradesh and Rajasthan.
The company also said in its regulatory filing that it has initiated utilising Gold Metal Loans (GML) and hedging strategies to manage gold price volatility and protect margins.
