D. P. Abhushan Limited has informed the Exchange about Credit Rating
DPABHUSHAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CARE Ratings has reaffirmed its credit ratings on D. P. Abhushan Limited's bank facilities: CARE A-; Stable on long-term facilities of ₹51.95 crore (reduced from ₹56.06 crore) and CARE A-; Stable / CARE A2+ on long-term/short-term working capital limits of ₹288 crore (enhanced from ₹158 crore). The company posted strong FY25 results with total operating income of ₹3,312 crore, up 42% year-on-year, and PBILDT margin improving to 5.34%. Overall gearing remained comfortable at 0.46x with interest coverage of 10.37x, supported by ₹67.74 crore raised via preferential allotment and convertible warrants. The Stable outlook reflects CARE's view that DPAL will continue to benefit from its 80-year brand legacy and planned store expansion (2 more in FY26, 14 over next two years).
Positive for shareholders — the reaffirmed investment-grade rating and a near-doubling of sanctioned working capital limits signal strong banker confidence and ample headroom for the company's store expansion plans. The Stable outlook indicates no near-term rating pressure, though margins remain exposed to gold price volatility.