D. P. Abhushan Ltd. · NSE:DPABHUSHAN
D. P. Abhushan — Q2 FY25 Earnings Presentation
34 slides from D. P. Abhushan's earnings presentation, Oct 30, 2024
Slide 1: Exchange filing cover letter
D. P. Abhushan Limited CIN: L74999MP2017PLC043234 Registered Office: 138, Chandani Chowk, Ratlam – 457001, Madhya Pradesh Corporate Office: 19, Chandani Chowk, Ratlam – 457001, Madhya Pradesh Email: cs@dpjewellers.com; Web: www.dpjewellers.com; Phone: +91 7412 247 122 Date: October 30, 2024 To, To,
Slide 2: D.P. Abhushan Investor Presentation Q2FY25
D.P. Abhushan I N V E S T O R P R E S E N T A T I O N October 2024 | Q2FY25 www.dpjewellers.com
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by DP ABHUSHAN for informational purposes only and does not constitute or form any part of any offer, invitation or recommendation to purchase or subscribe for any securities in any jurisdiction, and no part of it shall form the basis of, or be relied u
Slide 4: Management Commentary
Management Commentary We are pleased to announce a robust performance this quarter, with revenue surging 84% YoY and EBITDA growing by 51% YoY, driven by a strong uptick in overall gold and jewellery demand. Building on this momentum and in line with our strategic expansion plan, we are thrilled to
Slide 5: Table of Contents
Table of Contents Company Overview 5 Market Opportunity 15 Business Highlights 18 Financial Highlights 21 Way Forward 25
Slide 6: Company Overview
Company Overview
Slide 7: Introduction to D. P. Abhushan: A Brief History
Introduction to D. P. Abhushan : A Brief History Under the guidance of Late Shri Leadership transition from Manhorlal Ji Kataria and Shri Late Shri Dhulchand Ji Ratanlal Ji Kataria, and now led Commitment to fair and Originally a partnership firm, Kataria to Late Shri Panna by Shri Santosh Ji Katari
Slide 8: Through Generations: Upholding Tradition, Embracing Innovation
Through Generations: Upholding Tradition, Embracing Innovation FIRST GENERATION SECOND GENERATION THIRD GENERATION MR. MANHORLAL KATARIA / MR. DHULCHAND KATARIA MR. PANNA LAL KATARIA MR. RATANLAL KATARIA Established D.P. Jewellers in 1940 in Ratlam, Continued the legacy of D.P. Jewellers. Mana
Slide 9: Board of Directors
Board of Directors Mr. SANTOSH KATARIA Mr. ANIL KATARIA Managing Director Whole Time Director Mr. DEEPAK GADIA Mr. MUKESH JAIN Mr. SANSKAR KOTHARI Independent Director Independent Director Independent Director MRS. SEEMA MANDLOI Ms. APURVA LUNAWAT Ms. RENU KATARIA Non-executive Independent Women Ind
Slide 10: Journey & Milestones
Journey & Milestones New showroom at Ajmer 9
Slide 11: An Array of Offerings: Versatile Product Range
An Array of Offerings: D.P. Abhushan’s Versatile Product Range Shop by Collection Shop by Styles Shop by Products Wedding Valentine Chains Rings jewellery Jewellery Gold jewellery Jadau Jewellery Flower Traditional Armlets Gajrahs Collection Jewellery Jewellery with Diamond studded colored stones in
Slide 12: Business Model
Business Model Centralized purchasing at Ratlam ensures smooth inventory flow, minimizing dead stock and maximizing operational efficiency across all stores within a 300-kilometer radius Operating in tier 2 and tier 3 cities Considers the designs of jewellery and enables the company to reduce its Be
Slide 13: Store Geographics
Store Geographics 1 RATLAM (M.P.) 2 INDORE (M.P.) Since 1940 Opened in 2010 and Store Size 2,100 sq. ft Expanded in 2017 Rented Premise Store Size 15,000 sq. ft Owned Premise 6 3 UDAIPUR (RAJ.) 4 BHOPAL (M.P.) 6 7 Opened in April 2012 Opened in May 2015 3 Store Size 5,054 sq. ft
Slide 14: Standing Tall as Leaders in Footfall to Conversion Ratio
Standing Tall as Leaders in Footfall to Conversion Ratio 90% 89% 87% 85% 86% 87% 87% 1,96,141 1,58,460 1,29,946 95,459 83,368 80,433 60,757 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Walk In Conversion % 13
Slide 15: Achievement and Recognition
Achievement and Recognition Best Promising, Gems & Jewellery Best Business Ethics Award at Gem Company 2017 Best Ring Design at IJ Jewellers and Jewellery Trade Council of India - India Bullion and Jewellers Choice Design Awards 2019 Excellence Award 2019 Association Lts. Best Bridal Necklace of the
Slide 16: Market Opportunity
Market Opportunity
Slide 17: Industry Overview
Industry Overview Compared to global counterparts, India emerges as the top revenue generator in the jewellery market, forecasting a robust revenue of US$81 billion in 2024 and is expected to achieve an annual growth rate of 4.59% from 2024 to 2028 India, renowned as the world’s second-largest c
Slide 18: Key Market Trends
Key Market Trends Lightweight jewellery with intricate designs is considered a budget-friendly option Lower-carat (18K and 14K) jewellery has gained popularity in the face of an elevated gold price Trend of Daily wear Jewellery is on rise. Ring and bracelets are currently the bestsellers. Sovereign
Slide 19: Business Highlights
Business Higlights
Slide 20: Marketing and Promotion Strategies
Marketing and Promotion Strategies Targeted marketing initiatives have significantly boosted brand reach, driving revenue growth across key markets 19
Slide 21: A Glimpse into Elegance: Our New Ajmer Showroom
A Glimpse into Elegance: Our New Ajmer Showroom Successfully Launched a new jewellery showroom in Ajmer, Rajasthan, marking significant expansion Ajmer showroom aims to cater to rising demand for gold, diamond, and silver jewellery in the region Plot area of approximately 1,500 sq ft, Spans
Slide 22: Strategic Expansions
Strategic Expansions RATLAM, MADHYA PRADESH NEEMUCH, MADHYA PRADESH Initiated construction for a second Commenced construction for a brand-new showroom in Ratlam to meet rising demand showroom in Neemuch, Madhya Pradesh for gold, diamond, and silver jewellery Neemuch offers significant potenti
Slide 23: Financial Highlights
Financial Higlights
Slide 24: Financial Snapshot Q2FY25
Financial Snapshot Q2FY25 Total Revenue (₹ CR) Gross Profit (₹ CR) EBITDA (₹ CR) 38 61 1,005 22 35 546 84% 77% 74% YoY YoY YoY Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Profit Before Tax (₹ CR) Profit After Tax (₹ CR) EPS (₹) 33 25 11 18 13 88% 89% 6 88% YoY YoY YoY Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY2
Slide 25: Financial Snapshot H1FY25
Financial Snapshot H1FY25 Total Revenue (₹ CR) Gross Profit (₹ CR) EBITDA (₹ CR) 1,510 115 76 1,018 72 47 48% 61% 62% YoY YoY YoY H1FY24 H1FY25 H1FY24 H2FY25 H1FY24 H1FY25 Profit Before Tax (₹ CR) Profit After Tax (₹ CR) EPS (₹) 67 50 22 39 29 13 74% 73% 77% YoY YoY YoY H1FY24 H1FY25 H1FY24 H1FY25 H
Slide 26: Store Metrics
Store Metrics Store wise sales (₹ Crores) H1FY25 H1FY24 YoY Growth Ratlam 486.39 312.29 55.75% Indore 353.09 247.49 42.67% Bhopal 182.04 106.09 71.59% Udaipur 142.30 116.83 21.80% Ujjain 140.99 85.45 64.99% Kota 106.72 82.36 29.58% Bhilwara 48.81 39.38 23.95% Banswara 44.65 27.83 60.45% Ajmer* 4.39
Slide 27: Income Statement
Income Statement In ₹ Crores Q2 FY25 Q1 FY25 Q2 FY24 H1FY25 H1FY24 FY24 Total Income 1004.81 504.70 546.25 1509.54 1017.80 2340.40 Total Expenditure 966.75 466.47 524.36 1433.20 970.61 2239.80 EBITDA 38.07 38.23 21.89 76.34 47.19 100.60 EBITDA Margin 3.79% 7.57% 4.01% 5.06% 4.64% 4.30% Depreciation
Slide 28: Balance Sheet Statement
Balance sheet Statement Particulars (₹ crores) H1FY25 FY24 Particulars (₹ crores) H1FY25 FY24 Equity and Liabilities Assets Share Capital 22.61 22.25 Non-current assets Reserves and Surplus 314.72 216.50 Property, plant and equipment 39.06 37.71 Total Equity 337.33 238.75 Right to Use Assets 14.06 1
Slide 29: Way Forward
Way Forward
Slide 30: Business Ambition & Vision of Management
Business Ambition & Vision of Management Vision Expansion Plans Market Penetration Strategic Priorities Strategy To be a Market Leader in Gems Strategically targeting key Focus on penetrating new Focus on customer-centric & Jewellery Sector in Tier 2 & markets with high growth geographical areas whi
Slide 31: D. P. Abhushan's Expansion Roadmap
D. P. Abhushan’s Expansion Roadmap 01 Planning to expand in Madhya Pradesh, Rajasthan, Store Chhattisgarh and Gujarat to tap into emerging markets with growing purchasing power 1940 We plan to open 3 new stores in FY25 out of which 1 new 08 store has been successfully inaugurated in Ajmer, aimin
Slide 32: Investment in Talent
Investment in Talent All our stores have highly trained staff which ensures that every customer leaves our showroom completely satisfied. D.P. Abhushan is giving a promise to the customers for a transparent business practice & value for money destination. Over the decades, DP Abhushan has been servi
Slide 33: Our Growth Pillars
Our Growth Pillars Quality Sustainability Dealing with 100% DP holds its history from the transparency, unchallenged last 82 years and team of young purity and rates which makes DP Abhushan is fast expanding and dynamic entrepreneurs DP Abhushan customers 1st company & holds the leverage DP
Slide 34: Thank You
D.P. Abhushan Thank You Ernst &Young LLP Ernst &Young LLP Ms Aashi Neema Mr Siddesh Chawan Mr Ajit Mishra Company Sectretary & Compliance Officer Ernst and Young LLP/ Investor Relations Ernst and Young LLP/ Investor Relations investor@dpjewellers.com Siddesh.chawan@in.ey.com | +91 9930235001 ajit.j.