30 slides from D. P. Abhushan's earnings presentation, Nov 17, 2023
Slide 1: Cover letter to NSE on investor presentation
DP Date: November 17, 2023 To, Listing Compliance Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra East, Mumbai – 400051. Dear Sir, Sub: Investor presentation. Ref: D. P. Abhushan Limited (Symbol: DPABHUSHAN) Pursuant to Regulation 30 of the Securities
Slide 2: November 2023 | Q2 FY24
NOVEMBER 2023 | Q2 FY24 www.dpjewellers.com 1
Slide 3: Disclaimer
DP 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 relie
Slide 4: Company at a Glance
DP Company at a Glance 80+ Years 25L + Since Formation Families Associated 500+ 8 •• Human Assets Locations - 85-95% ₹ 2,074 Crores Footfall conversion ratio TTM Revenue 3
Slide 5: Company overview, Product Offerings, Financial Overview
Company overview Product Offerings Financial Overview Strategic Priorities Annexure 4
Slide 6: Company Overview
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Slide 7: Company Profile
Company Profile The name “D.P. ABHUSHAN LIMITED” came into existence in the world of listed companies in year 2017, but the brand “D.P. JEWELLERS” is very well known in Central India since 1940. • The journey of D.P. Jewellers began in 1940 from Ratlam a small city of Madhya Pradesh. • The Company c
Slide 8: Board of Directors
Board of Directors DP Mr. SANTOSH KATARIA Mr. ANIL KATARIA Managing Director Executive Director Mr. DEEPAK GADIA Mr. MUKESH JAIN Mr. SANSKAR KOTHARI Independent Director Independent Director Independent Director Ms. APURVA LUNAWAT Ms. RENU KATARIA Women Independent Director Non-executive Director 7
Slide 9: Journey & Milestones
Journey fu Milestones DP Objective: To successfully pass on the family legacy of being the most preferred and trusted jewellers by standing up to the expectations of the founding members as well as the customers. 1940 2010 2012 2015 2017 The journey of D.P. Indore showroom Udaipur showroom Bhopal sh
Slide 10: Store Geographies
Store Geographies DP 1st 2nd 3rd 4th RATLAM (M.P.) INDORE (M.P.) UDAIPUR (RAJ.) BHOPAL (M.P.) ▪ Since 1940 ▪ Opened in March 2010 ▪ Opened in April 2012 ▪ Opened in May 2015 ▪ Store Size 2,100 sq. ft ▪ Store Size 15,00 sq. ft ▪ Store Size 5,054 sq. ft ▪ Store Size 6,000 sq. ft ▪ Rented Premise ▪ Own
Slide 11: Product Offerings
a: Product Offerings ETI
Slide 12: Product Portfolio
DP - - - - Product Portfolio Shop by Collection Shop by Styles Shop by Products Wedding Valentine Chains Rings jewellery Jewellery Gold jewellery Jadau Jewellery Armlets Gajrahs Flower Traditional Jewellery with Collection Jewellery Diamond studded colored stones in gold jewellery Pendants Bangles a
Slide 13: We stand strong leader in Footfall to Conversion Ratio
90% 89% 87% 85% 86% 87% 1,58,460 1,29,946 95,459 83,368 80,433 60,757 FY18 FY19 FY20 FY21 FY22 FY23 We stand strong leader in Footfall to Conversion Walk In Conversion % Ratio 12
Slide 14: Financial Overview
Financial Overview . w ve Nie Was i Yyyyyy NSS re
Slide 15: Financial Snapshot
DP Financial Snapshot Revenue (₹ Cr.) EBITDA (₹ Cr.) PAT (₹ Cr.) Q U A R T E R LY R E S U LT S 546 485 22 15 13 8 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Revenue (₹ Cr.) EBITDA (₹ Cr.) PAT (₹ Cr.) H A L F Y E A R LY R E S U LT S 47 1,018 919 37 29 21 H1 FY23 H1 FY24 H1 FY23 H1 FY24 H1 FY23 H
Slide 16: Volume Metrics
DP - - - - Volume Metrics GOLD (Grm) DIAMONDS (Cts) 16,46,115 15,78,864 14,369 13,788 Revenue Revenue Share Share 91% 7% H1 FY23 H1 FY24 H1 FY23 H1 FY24 SILVER (Grm) PLATINUM (Grm) 24,62,547 494 21,39,421 Revenue Revenue Share Share 121 2% 0.01% H1 FY23 H1 FY24 H1 FY23 H1 FY24 15
Slide 17: Store Metrics
DP - - - - Store Metrics Average Sales Per Sq. ft. – Store wise (₹ lac) 14.9 11.7 3.7 4.0 3.0 2.9 2.1 2.3 1.5 1.6 1.7 1.8 1.0 1.0 1.1 0.8 Ratlam Indore Bhopal Ujjain Udaipur Bhilwara Kota Banswara H1FY23 ■ H1FY24 16
Slide 18: Strategic Priorities
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Slide 19: Business Ambition & Vision of Management
- - - - Business Ambition DP fu Vision ofManagernent <@> @j VISION MISSION GOAL To be a Market Leader in Gems & To Create wealth for all the 8 13 Jewellery Sector in Tier 2 & Tier stakeholders by building a STORES FY23 FY25E 3 Cities of Central India. business based on honest and To become Central I
Slide 20: What makes D.P. Abhushan Different
DP - - - - What makes D.P. Abhushan Different The Company has got natural benefits of Hedging because it follows a The Company is more focused on gold The Company operates in tier 2 & tier weighted average cost method i.e. buy- jewellery as the Central Indian market 3 cities hence its making and ope
Slide 21: SWOT Analysis
- - - - SWOT Analysis DP Strenghts Weaknesses • High brand recall being in Any regulatory change in existence for more than 80 years. government policy that can affect the business. • The Company is following BIS criteria since the inception of DP. Opportunities SWOT Threats • Plans to enter Chhatti
Slide 22: Quality, Expansion, Sustainability, High Customer Satisfaction
Quality Expansion Sustainability High Customer Satisfaction • Dealing with 100% transparency, • DP Abhushan is fast expanding • DP holds its history from the last • DP has built the family of 25 unchallenged purity and rates which company & holds the leverage 82 years and team of young and lacs+ sat
Slide 23: Annexure
DP
Slide 24: Income Statement
- - - - Income Statement DP In ₹ Crores Q2FY24 Q1FY24 QoQ (%) Q2FY23 YoY (%) H1FY24 H1FY23 YoY (%) Total Income 546 472 15.9% 485 12.5% 1,018 919 10.8% Total Expenditure 524 446 17.5% 471 11.4% 971 882 10.0% EBITDA 22 25 -13.3% 15 49.9% 47 37 28.1% EBITDA Margin 4.0% 5.4% -135 bps 3.0% 100 bps 4.6%
Slide 25: Balance Sheet
- - - - Balance Sheet DP Particulars (₹ crores) H1FY24 FY23 Particulars (₹ crores) H1FY24 FY23 Equity and Liabilities Assets Share Capital 210 181 Non-current assets Reserves and Surplus Property, plant and equipment 38 38 Total Equity 210 181 Right to Use Assets 10 11 Other Intangible assets 0 0 No
Slide 26: Achievement and Recognition
- - - - Achievement and Recognition DP Being Inspiring Leader of Indian Excellence Award India’s Best Bridal Diamond Jewellery Retail 2023 -IBC 24 Jewellery Award for the year - All India Gem and Jewellery 2019 Domestic Council Excellence Award Best Bridal Necklace of the Year Winner of India’s Best
Slide 27: Ratlam acclaimed India's Gold City
First Jewellery Ratlam acclaimed company of Central and awarded India which was “India’s Gold listed at NSE on City” 23rd October 2017 Many more awards “Best Promising and recognitions has been earned by DP at Gems and Jewellery various forum and Company” by IBJA organizations from time to time 26
Slide 28: Working Culture at DP Abhushan
l t u r e a t D P A b h u s h a n DP Work i n g C u 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 deca
Slide 29: Investor Relations Contact
Thus summarizing the whole presentation, “DP Abhushan’s growth journey has just began and has a long way to go.” Team DP Abhushan Investors Relation Contact Ms. Aashi Neema Mr. Siddesh Chawan investor@dpjewellers.com Siddesh.Chawan@in.ey.com 28
Slide 30: Store addresses
• ewe ers A BO D OF TRUST SINCE 1940 A VENTURE OF D.P. ABHUSHAN LIMITE,D +RATLAM. 138 Chandani Chowk C07 412·408900 +INDORE: Near Rajani Bhawan Y.N. Road C0731-4099996 + UDAIPUR: 17 Nyay ,Marg, Court Chouraha £0294-2418712/13 +BHOPAL:. 16 Malviya Nagar Rajbhawan Road C0755-2606500 +UJJAIN: Opposite