Low PE Multibagger Small-Cap Company Delivers 50% Returns in 3 Weeks; Q1 FY27 PAT Rises 77% YoY, Share Price Jumps 10%
D. P. Abhushan reported a 57.75 per cent YoY rise in revenue and a 76.94 per cent increase in net profit for Q1 FY27, while also approving two new showroom expansions.
✨ Key Takeaways
On Monday, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 84.10 points, or 0.35 per cent, to 24,250.20. Despite the weak broader market sentiment, D. P. Abhushan share price surged 9.06 per cent to Rs 1,457.05, gaining Rs 121.05, after the jewellery retailer reported strong Q1 FY27 earnings and approved the expansion of its retail network. Further, the stock has rallied around 50 per cent over the past three weeks
The stock witnessed strong buying interest during the session, with trading volume reaching 1.25 million shares, compared with its 30-day average volume of 121.64 thousand shares, representing an increase of more than 10 times the average daily volume.
D. P. Abhushan Q1 FY27 Financial Performance
On a standalone basis, revenue from operations increased 57.75 per cent YoY to Rs 852.40 crore in Q1 FY27 from Rs 540.37 crore in the corresponding quarter last year. Total income rose 57.70 per cent YoY to Rs 853.63 crore from Rs 541.32 crore.
The company reported profit before Tax (PBT) of Rs 86.21 crore, registering a 77.42 per cent YoY increase from Rs 48.59 crore in Q1 FY26. Net profit after tax (PAT) grew 76.94 per cent YoY to Rs 64.45 crore from Rs 36.42 crore in the corresponding quarter last year.
Basic earnings per share (EPS) increased to Rs 28.23 from Rs 16.07 a year earlier.
Board Approves Retail Expansion
Alongside the Quarterly Results, the Board approved the opening of a company-owned jewellery showroom at Dahod, Gujarat, as part of the company's retail expansion strategy. The proposed showroom, located at Ambika Society, Dahod, will have an approximate retail area of 3,200 square feet and will be D. P. Abhushan's first showroom in Gujarat, marking its strategic entry into the state's retail market. The company said the showroom will enhance customer accessibility, strengthen brand recognition and offer its complete range of jewellery products. The expected date for commencement of operations is currently under finalisation. Additionally, the Board also approved the opening of a Franchise Owned Company Operated (FOCO) showroom at Jabalpur, Madhya Pradesh.
Also Read - Mukesh Ambani-Led Refineries & Marketing Company Reports Q1 FY27 Results; Net Profit Declines 22% YoY
Key Financial Highlights
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About D. P. Abhushan
D. P. Abhushan Ltd operates under the D. P. Jewellers brand and is engaged in the manufacturing, wholesale and retail sale of gold, diamond and other jewellery products. The company has a lonGSTanding presence in central India and continues to expand its retail network through company-owned as well as franchise-operated stores.
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Disclaimer: The article is for informational purposes only and should not be construed as investment advice.
