D. P. Abhushan Ltd. · NSE:DPABHUSHAN
D. P. Abhushan — Q2 FY26 Earnings Presentation
39 slides from D. P. Abhushan's earnings presentation, Nov 6, 2025
Slide 1: D.P. Abhushan Limited exchange filing cover letter
D.P. Abhushan Limited NSE: DPABHUSHAN | BSE: 544161 | ISIN: INE266Y01019 www.dpjewellers.com | investor@dpjewellers.com Date: November 06, 2025 To, To, National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, Bandra East, Mum
Slide 2: D.P. Abhushan Investor Presentation Q2FY26/H1FY26
D.P. Abhushan I N V E S T O R P R E S E N T A T I O N May 2025 | Q4FY25 Q2FY26/H1FY26 www.dpjewellers.com
Slide 3: Disclaimer
Disclaimer This Presentation is for information purposes only and is not intended to be an advertisement and does not constitute or form part of and should not be construed as any offer or invitation for sale or subscription of or solicitation or invitation of any offer to buy or subscribe for any s
Slide 4: Management Commentary
Management Commentary We are pleased to report a resilient performance in Q2FY26, despite the challenging industry environment. The quarter was marked by a sharp surge in gold prices rising nearly 45% YoY and 8% QoQ surpassing ₹100,000 per 10 grams in the retail market. This unprecedented increase,
Slide 5: Table of Contents
Table of Contents Company Overview Market Opportunity Business Highlights Financial Highlights Way Forward 4
Slide 6: Company Overview
Company Overview 5
Slide 7: Introduction to D. P. Abhushan: A Brief History
Introduction to D. P. Abhushan : A Brief History Under the guidance of Late Shri Manohorlal Kataria and Ratanlal Leadership transition from Ji Kataria, and now led by Commitment to quality Originally a partnership firm, Late Shri Dhulchand Ji Kataria Santosh Kataria, Vikas Kataria , and transparency
Slide 8: Through Generations: Upholding Tradition, Embracing Innovation
Through Generations: Upholding Tradition, Embracing Innovation FIRST GENERATION SECOND GENERATION MR. DHULCHAND KATARIA MR. PANNA LAL KATARIA ▪ Established D.P. Jewellers in Ratlam, Madhya Pradesh. ▪ Continued the legacy of D.P. Jewellers. ▪ Laid the foundation of the venture during challenging time
Slide 9: Management Excellence
Management Excellence Mr. Anil Kataria Mr. SANTOSH KATARIA Whole-Time Director Chairman cum Managing Director Anil Kataria aged 54, is the Founder, Promoter and Whole- Santosh Kataria aged 47 is the Promoter and Chairperson Time Director of our Company. He has been a Director on cum Managing Directo
Slide 10: Board of Directors
Board of Directors Mr. MUKESH JAIN Mr. SANSKAR KOTHARI Independent Director Independent Director Mukesh Kumar Jain aged 64, is a Non-Executive Sanskar Kothari aged 55, is a Non-Executive Independent Independent Director of our Company. He has been a Director of our Company. He has been a Director on
Slide 11: Journey & Milestones
Journey & Milestones 2017 UJJAIN BHILWARA AJMER • DP Abhushan 2020 Listed on NSE-SME • Inaugurated Ujjain showroom • Expanded Indore • Inaugurated Bhilwara showroom 2024 Showroom • Listed on BSE RATLAM • Migrated to main board of NSE • Inaugurated Ajmer showroom • Inaugurated NEEMUCH 1940 Neemuch Th
Slide 12: An Array of Offerings: Versatile Product Range
An Array of Offerings: D.P. Abhushan’s Versatile Product Range Shop by Collection Shop by Products Wedding Valentine Chains Rings Jewellery Jewellery Flower Traditional Armlets Gajrahs Collection Jewellery Mewar Idol Bangles & Pendants Collection Collection Jewellery sets Dohra Lightweight and Nose
Slide 13: 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 Considers the designs of jewellery The company conducts periodic inventory Currently operates through 11 and make
Slide 14: Retail Presence Across Central Indian Regions
Retail Presence Across Central Indian Regions 1 RATLAM (M.P.) 2 INDORE (M.P.) 3 UDAIPUR (RAJ.) ▪ Since 1940 ▪ Opened in 2010 and ▪ Opened in April 2012 ▪ Store Size 2,100 sq. ft* Expanded in 2017 ▪ Store Size 5,050 sq. ft* ▪ Rented Premise ▪ Store Size 9,000 sq. ft* ▪ Rented Premise ▪ Owned Premise
Slide 15: Standing Tall as Leaders in Footfall to Conversion Ratio
Standing Tall as Leaders in Footfall to Conversion Ratio 90% 89% 87% 86% 87% 87% 85% 84% 79% 2,03,495 1,96,141 1,58,460 1,29,946 1,06,852 95,459 83,368 80,433 60,757 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 H1FY26* Walk In Conversion % * As on 30th September 2025 14
Slide 16: H1FY26 Store wise Footfall to Conversion
H1FY26 Store wise Footfall to Conversion ( April to September) Store Total Walk in Total Walk Out Conversion % Ratlam* 12,715 1,686 87% BANSWARA 3,695 558 85% NEEMUCH 8,253 1,305 84% INDORE 27,046 5,194 81% UJJAIN 13,471 2,898 78% UDAIPUR 13,389 3,036 77% KOTA 8,768 2,102 76% BHILWARA 5,190 1,255 76
Slide 17: Recognitions & Accolades
Recognitions & Accolades Best Bridal Jewellery Of The Recognised By Iconic Brand Trusted Brand Of The Year Best Promising, Gems & India'S Most Preferred Year(Under 15 Lakh) Dec’2016 Of Mewar Jan’2017 Jewellery Jan’ 2017 Jewellery Company March Jewellers In Regional -IJ Jewellers Choice Award - Db Gr
Slide 18: Market Opportunity
Market Opportunity 17
Slide 19: Industry Overview
Industry Overview Indian jewellery purchases are shifting from weddings to everyday and gifting occasions Indian Jewellery Market Size- By Value (In ₹ Billion) Indian Jewellery Market Split by Occasion (In ₹ Billion) +6% ₹12,000 ₹4,740 ₹6,340 10% 11% ~13% -28% 31% 36% ~45% ₹ 12,000 59% 53% ₹ 6,340 ~
Slide 20: Industry Overview
Industry Overview Tier-3 and beyond cities are expected to drive the next wave of jewellery Organized jewellery retail is projected to grow creating a significant opportunity for demand, increasing their share Branded players Indian Jewellery Market Split by City Tier (In ₹ Billion) Indian Jewellery
Slide 21: Market Trends
Market Trends Manufacturers are strategically focusing on Growing preference among younger producing lightweight pieces to cater to the consumers for lightweight jewellery as a 100 % FDI in the sector through Automatic preferences of younger consumers, particularly fashion statement rather than an r
Slide 22: Business Highlights
Business Highlights 21
Slide 23: Leveraging Jewellery Exhibitions to Broaden Brand Exposure
Leveraging Jewellery Exhibitions to Broaden Brand Exposure Targeted exhibitions initiatives have significantly boosted brand reach, driving revenue growth across key markets Ajmer Ring & Earring Festival July 2025 Dewas Exhibition 22
Slide 24: Leveraging Jewellery Exhibitions to Broaden Brand Exposure
Leveraging Jewellery Exhibitions to Broaden Brand Exposure Kota Jewels of Mewar Exhibition Kota World of Diamond Campaign 23
Slide 25: Leveraging Jewellery Exhibitions to Broaden Brand Exposure
Leveraging Jewellery Exhibitions to Broaden Brand Exposure Neemuch Chain & Bangle Fest Udaipur Chain , Bangle Fest & Jewels of Mewar Exhibition 24
Slide 26: Creating Awareness through 4 point Campaign
Creating Awareness through 4 point Campaign 25
Slide 27: A Glimpse into Elegance: Our New Showrooms
A Glimpse into Elegance: Our New Showrooms ▪ Successfully Launched a new jewellery showroom in ▪ Successfully Launched a new jewellery showroom ▪ Successfully Inaugurates a Second Showroom in Ajmer, Rajasthan, marking significant expansion in Neemuch, Madhya Pradesh marking another Ratlam, Madhya Pr
Slide 28: Financial Highlights
Financial Highlights 27
Slide 29: Financial Snapshot Q2FY26
Financial Snapshot Q2FY26 Total Income (₹ CR) EBITDA (₹ CR) Profit Before Tax (₹ CR) 76 1,005 968 69 4% 55 99% 108% 49 541 YoY 38 YoY YoY 33 79% 37% 43% QoQ QoQ QoQ Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 Profit After Tax (₹ CR) EPS (₹) 51 22.6 36 105% 101% 16.1 YoY YoY 25 11.
Slide 30: Financial Snapshot H1FY26
Financial Snapshot H1FY26 Total Income (₹ CR) EBITDA (₹ CR) Profit Before Tax (₹ CR) 131 1,510 118 1,509 76 67 0% 72% 76% YoY YoY YoY H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 Profit After Tax (₹ CR) EPS (₹) 88 38.6 50 22.4 75% 73% YoY YoY H1FY25 H1FY26 H1FY25 H1FY26 29
Slide 31: Segmental Performance
Segmental Performance Q1FY26 Gold (₹ CR) Silver (₹ CR) 1,397 47 1,374 2% 103% YoY YoY 23 91% 3% Revenue Revenue Share Share H1FY26 H1FY25 H1FY26 H1FY25 Diamonds (₹ CR) 84 82 (3)% YoY 5% Revenue Share H1FY26 H1FY25 30
Slide 32: Store Metrics
Store Metrics (₹ Crores) Store wise sales H1FY26 H1FY25 %YoY Ratlam# 394.08 486.39 (19)% Indore 326.59 345.44 (5)% Bhopal 174.83 182.04 (4)% Ujjain 147.08 140.99 4% Udaipur 144.67 138.83 4% Bhilwara 45.81 48.81 (6)% Kota 118.99 106.72 11% Banswara 43.59 44.65 (2)% Ajmer* (Store Inaugurated on 14th S
Slide 33: Income Statement
Income Statement * ₹ Per Share In ₹ Crores Q2 FY26 Q1 FY26 Q2 FY25 H1FY26 H1FY25 Total Income 967.74 541.32 1004.81 1509.06 1509.54 Total Expenditure 898.43 492.73 971.46 1391.16 1442.53 EBITDA 75.80 55.25 38.07 131.05 76.34 EBITDA Margin 7.83% 10.21% 3.79% 8.68% 5.06% Depreciation 2.72 2.63 1.79 5.
Slide 34: Balance Sheet
Balance Sheet Particulars (₹ crores) H1FY26 FY25 Particulars (₹ crores) H1FY26 FY25 Equity and Liabilities Assets Share Capital 22.83 22.66 Non-current assets Other Equity 483.99 381.47 Property, plant and equipment 58.99 48.01 Total Equity 506.82 404.14 Right to Use Assets 14.81 16.83 Other Intan
Slide 35: Way Forward
Way Forward 34
Slide 36: Business Ambition & Vision of Management
Business Ambition & Vision of Management Market Penetration Vision Expansion Plans Strategic Priorities Strategy To be a leading focused Strategically targeting key Focus on penetrating new Focus on customer-centric jewellery brand with strong markets with high growth geographical areas while approa
Slide 37: D. P. Abhushan's Roadmap & Business Outlook
D. P. Abhushan’ s Roadmap & Business Outlook Strategic Expansion Plan (Next 5 Years) • Strengthening presence across India by opening new showrooms in Gujarat, Chhattisgarh, Madhya Pradesh, and Rajasthan, capitalizing on these regions’ growing purchasing power. • Accelerating expansion after success
Slide 38: Our Growth Pillars
Our Growth Pillars Quality Sustainability Dealing with transparency, DP Abhushan is fast expanding DP holds its history from the last DP has built the family of unchallenged purity and rates satisfied customers over a company & holds the leverage 85 years and team of young and which makes DP
Slide 39: D.P. Abhushan Ernst & Young LLP
D.P. Abhushan Ms Atika Jain Company Secretary & Compliance Officer investor@dpjewellers.com Ernst &Young LLP Mr Siddesh Chawan Ernst and Young LLP/ Investor Relations Siddesh.chawan@in.ey.com | +91 9930235001 Mr Ajit Mishra Ernst and Young LLP/ Investor Relations ajit.j.mishra@in.ey.com | +91 996755