The Board of Directors have in their Board meeting held on 21/05/2026, considered financial results for the quarter and year ended 31-03-2026

Revenue growth above 20%Profit growth above 25%EBITDA margin expansionNegative operating cash flowResults View source PDF Explain this filing

DPABHUSHAN · price

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Price reactionminutes from the announcement price · days from the prior close

+2.2%Reaction day

₹899.90

prior close

₹918.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+1.1% vs market

Gems Jewellery And Watches peers, median of 29sector+0.9%+1.4% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.4 pts more than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+2.2+1.1+1.1+0.9+1.4

Next day

+7.2+1.2+6.0+1.7+5.6

+8.8+2.8+6.0+2.1+6.7

+7.3+3.5+3.8+2.1+5.3

+6.6+3.5+3.1+2.0+4.5

+5.1+2.8+2.3+2.5+2.6

+3.3+2.8+0.5+2.4+1.0

15d

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+2.7+10.1-7.4+5.3-2.6

+63.0+10.0+53.0+12.9+50.1

+64.8+14.6+50.2+16.6+48.2

UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

D.P. Abhushan Limited reported strong full-year FY2026 results. Revenue from operations grew 22.8% to Rs 4,06,513 lakh from Rs 3,31,079 lakh in FY2025. Profit after tax (PAT) surged 87.9% to Rs 21,184 lakh versus Rs 11,270 lakh the prior year. EBITDA margin expanded from approximately 5.3% to 7.6%, indicating improved operational efficiency. The auditors (Jeevan Jagetiya & Co.) issued an unmodified (clean) opinion on the financial statements. However, the company reported negative operating cash flow of Rs 9,731 lakh for the year, largely driven by a massive Rs 28,184 lakh increase in inventory (gold/jewellery stock) and a Rs 6,310 lakh reduction in trade payables, reflecting heavy working capital investment in inventory buildup as business scaled up.

Likely market impact

While the company delivered robust topline and bottomline growth with margin expansion, the significant negative operating cash flow due to inventory buildup raises concerns about cash conversion. Shareholders should monitor whether the inventory buildup translates into future sales growth and cash generation.