D. P. Abhushan Q3 FY26 Earnings Call Transcript Released
D. P. Abhushan Limited reported Q3 FY26 revenue of ₹1,222.4 crore, up 13% YoY. PAT grew 96% YoY to ₹73.35 crore. The company noted a shift to lightweight and lower-carat jewellery due to high gold prices. Silver revenue surged 118% YoY. Management projects 25-30% revenue growth for FY26 and plans to open 20 new stores in 2-3 years.
The announcement provides detailed financial results and future outlook, including growth projections and expansion plans. This information is material for investors assessing the company's performance and future prospects.
The company reported strong year-on-year growth in revenue, EBITDA, and PAT, with improving margins. Positive outlook on future growth and strategic initiatives also contribute to the positive sentiment.
D. P. Abhushan Limited has released the transcript of its Q3 FY26 earnings call, which was held on January 24, 2026. The call discussed the company's unaudited financial results for the quarter ended December 31, 2025. Management, including Whole-Time Director Anil Kataria, Promoter Vikas Kataria, and CFO Manish Laddha, provided insights into the company's performance and the broader jewellery industry.
During the Q3 FY26, the company reported revenue from operations at ₹1,222.4 crore, a 13% year-on-year increase. EBITDA grew by 89% year-on-year to ₹105.6 crore, with EBITDA margins expanding to 8.64%. Profit After Tax (PAT) stood at ₹73.35 crore, a 96% year-on-year growth, with PAT margins improving to 6.00%. For the nine months ended FY26, revenue was ₹2,731.4 crore (5% YoY growth), EBITDA was ₹236.7 crore (79% YoY growth), and PAT was ₹161.24 crore (84% YoY growth).
Key discussions included the impact of elevated gold prices on consumer behavior, with a noted shift towards lightweight jewellery and lower-purity options like 18-carat and 14-carat. Silver emerged as a significant growth driver, with revenues up 118% year-on-year to ₹114 crore in 9MFY26. The company also highlighted strategic initiatives like brand-building for its studded jewellery portfolio and events such as the 'World of Diamonds' exhibition and 'Diamond Polki Festival'.
Management addressed margin expansion, attributing it to a favorable product mix shift towards diamond and silver jewellery, inventory gains, and improved pricing discipline. The company plans to open approximately 20 additional stores over the next two to three years, focusing on Tier-2 and Tier-3 cities. The QIP process is also ongoing. The company expects strong revenue growth of around 25% to 30% for the current year and similar growth for the next year.
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D. P. Abhushan Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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