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Earnings · Diamond & Jewellery · Small cap

D.P. Abhushan's PAT surges 88% in FY26; revenue hits ₹406.5 cr

Net profit margin expands from 3.4% to 5.2%, validating strong operational momentum.

4 earlier stories on D.P. Abhushan Ltd.
Mkt cap₹2,176 cr
P/E10.27×
ROE27.89%
Debt / eq.0.41
₹211.8 cr FY26 PAT, up 88% YoY

What's new

  • FY26 revenue grew 22.8% to ₹406.5 crore; PAT jumped 88% to ₹211.8 crore.
  • Q4 revenue soared 86% with PAT more than doubling versus last year.
  • Net profit margin improved from 3.4% to 5.2% for the full year.

Why this matters

The earnings beat confirms D.P. Abhushan's strong growth in jewellery retail, though the market had already guided these numbers. The margin expansion to 5.2% is a clear sign of scale benefits flowing through to the bottom line.

What we're watching

  • Whether FY27 can sustain this margin improvement and revenue growth.
  • Demand trends from the upcoming wedding and festival season.
  • Any updates on store expansion or new category launches.

The full read

D.P. Abhushan delivered a strong set of audited standalone numbers for FY26. Revenue climbed 22.8% to ₹406.5 crore, but the headline story is profit: PAT surged 88% to ₹211.8 crore, driven by a sharp margin improvement from 3.4% to 5.2%. The fourth quarter was especially robust, with revenue jumping 86% and profit more than doubling. These results confirm the company is benefiting from favourable jewellery demand and better cost control. However, the market had already absorbed these numbers through earlier channels, so the report itself is a confirmation rather than a surprise. The focus now shifts to whether D.P. Abhushan can maintain margin gains and revenue momentum in FY27, particularly as the competitive landscape intensifies.

Mentioned: D.P. Abhushan · FY26 · ₹406.5 cr revenue
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

D.P. Abhushan Ltd.

Jewellery
₹2,199 cr
P/E 10.38×

Latest quarter · Mar 2022

Sales₹440 cr
Net profit₹10 cr
Op. margin+4.3%
EPS₹4.34

Strength & growth

Debt / equity1.16×
Current ratio1.52×
  1. 21 May 2026 · 2:35 PM IST D.P. Abhushan's PAT surges 88% in FY26; revenue hits ₹406.5 cr
  2. 47d ago D.P. Abhushan targets ₹4,800 crore revenue for FY27
  3. 51d ago D.P. Abhushan cuts margin guidance, labels FY26 gains as inventory windfalls
  4. 52d ago D.P. Abhushan's FY26 PAT jumps 88% to ₹212 cr
  5. 52d ago D.P. Abhushan's FY26 PAT jumps 88% as margins expand