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    D. P. Abhushan Limited

    86-year-old family jewellery retailer running 12 showrooms across Madhya Pradesh and Rajasthan under the D.P. Jewellers brand.

    Consumer Durables
    Consumer Discretionary
    View DPABHUSHAN earnings calls
    ₹918.3
    -8.21% from avg

    Overview

    Price

    ₹918.3

    Market Cap

    ₹3.2k Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2222222222232323
    Reserves4775116159216381484610
    Borrowings97169170126173184212290
    Other Liabilities102129105102126249259220
    Total Liabilities2693954144095378379781.1k
    AssetsFixed Assets3042504949657475
    CWIP100001101
    Investments000000012
    Other Assets2383523633604887619031.1k
    Total Assets2693954144095378379781.1k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating377-2917610-19-97
    Cash from Investing-3-2-10-5-1-4-27-21
    Cash from Financing-34-1148-18-602840121
    SummaryCapital Expenditure
    Free Cash Flow355-38960-4-44-106
    FCF Margin

    Valuation

    Assumptions

    Current — DPABHUSHAN
    Price
    ₹918
    EPS (TTM)
    ₹92.91
    PE (TTM)
    9.9
    Profit growth
    50.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (21.1×) and current (9.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹918
    vs
    Fair value · 15% return
    ₹3,666
    299%Undervalued

    At 50.5% growth and a 10× exit, ₹918 only delivers your return if you pay ₹3,666. The price is currently baking in 17% growth.

    EPS grows 50.5%/yr for 5 years, then fades to 6% over 2, exits at 10×.

    YearGrowthEPS (₹)
    FY2750.5%139.83
    FY2850.5%210.44
    FY2950.5%316.72
    FY3050.5%476.66
    FY3150.5%717.37
    FY3228.2% ·fade920.03
    FY336.0% ·fade975.23

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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