DP Abhushan Ltd delivered exceptional financial results for FY26, with profit after tax surging 88% to ₹211.84 crore compared to ₹112.70 crore in the previous year. According to the company's regulatory filing, revenue from operations grew 23% year-on-year to ₹4,070.33 crore in FY26 from ₹3,312.35 crore in the previous year. The company's EBITDA increased 77% to ₹309.67 crore, while EBITDA margin expanded significantly to 7.61% from 5.27% a year earlier, demonstrating improved operational efficiency.
The Ratlam-based jewellery firm continued its strategic expansion during FY26, adding a new showroom in Dhar, Madhya Pradesh, after opening its second outlet in Ratlam earlier in the year. As reported by The Economic Times, this brings the company's total showroom count to 12, maintaining its presence primarily in Madhya Pradesh and Rajasthan. Managing Director Santosh Kataria highlighted that FY26 marked a landmark year for the company, with strong operational performance and disciplined execution despite elevated gold prices and broader industry challenges.
The jewellery retail sector has experienced significant growth, with gold jewellery loans seeing a massive 50% jump year-on-year, reaching ₹19 lakh crore. This makes it the fastest growing retail loan category, driven by rising gold prices and a shift in borrowing habits. This growth surge has boosted the overall retail loan market, with asset quality also improving through declining delinquency levels across most segments. DP Abhushan's strong performance reflects the broader positive momentum in the jewellery retail sector despite challenging market conditions.
In response to market volatility, DP Abhushan has implemented strategic measures to protect margins and manage operational risks. According to the company's regulatory filing, it has initiated utilising Gold Metal Loans (GML) and hedging strategies to manage gold price volatility. These initiatives demonstrate the company's proactive approach to managing commodity price risks while maintaining its growth trajectory in the competitive jewellery retail market.
