Sells gold, silver and diamond-studded jewellery through a 12-showroom retail network in Central India, with gold jewellery being the core product. In Q1 FY27, gold revenue was Rs 781 cr, silver Rs 40 cr and diamond Rs 29 cr, with purchases concentrated around weddings and festivals. Old gold exchange contributed 25% of Q1 FY27 sales, and the company also runs a D.P. Swarna Plus gold accumulation SIP scheme. The studded jewellery mix is targeted to rise from 6-7% to 12-15% by March 2028. The company is targeting 51 stores by FY30, launching its first FOCO pilot in Jabalpur and entering Gujarat via a company-owned store in Dahod. A windmill segment contributes a negligible share of revenue. FY26 cost structure: materials 19.1%, employees 1.0%, other opex 1.8% of revenue. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Gems & Jewellery (100%), Windmill (0%). Asset-light retail jewellery; gold price sensitivity partly hedged via GML and MCX
| ₹ crore · consolidated |
|---|
| Revenue |
| EBITDA (ex other income) |
| margin % |
| Owners' profit |
| EPS, as reported (₹) |
| ROE % · ROCE % |
| Debt / equity (x) |
| Cash from operations |
| Capex |
| ₹ crore | Q3 FY21 | Q1 FY22 | Q3 FY22 |
|---|---|---|---|
| Revenue | 414 | 175 | 668 |
| Profit before tax | 12 | 6 | 21 |
| Net profit | 9 | 4 | 16 |
| EPS (₹) | 3.92 | 1.92 | 7.09 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TITAN COMPANY LIMITED | 4,44,743 | 77.5 | 28.32 | 51.7 | 32.3 | 32.7 | 32.3 | 14.2 |
| KALYAN JEWELLERS IND LTD | 62,083 | 43.3 | 9.84 | 23.4 | 21.4 | 22.1 | 33.0 | 6.5 |
| THANGAMAYIL JEWELLERY LTD | 15,910 | 40.7 | 11.24 | — | 24.8 | 30.3 | — | 5.4 |
| BLUESTONE JEWEL LFSTL LTD | 13,640 | 268.8 | 7.57 | 32.5 | 0.7 | 0.7 | — | 16.7 |
| PC JEWELLER LTD | 13,342 | 13.9 | 1.63 | 16.5 | 8.7 | 8.6 | 3.5 | 27.8 |
| SKY GOLD AND DIAMONDS LTD | 12,822 | 38.2 | 10.63 | 29.1 | 23.4 | 29.8 | — | 8.2 |
| P N GADGIL JEWELLERS LTD | 8,307 | 18.6 | 4.23 | 14.1 | 20.9 | 26.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · Newspaper publication of 9th AGM notice submitted to exchanges | compliance | minimal | — | — |
| 3 Sept 2026 · DP Abhushan to open new jewellery showroom in Dahod, Gujarat on Sep 24, 2026 | business updates | medium | — | — |
| 3 Sept 2026 · D.P. Abhushan files 9th Annual Report for FY26; AGM on Sep 25, 2026 | board shareholder meetings | low | — | — |
| 3 Sept 2026 · D.P. Abhushan submits BRSR for FY26 covering ESG disclosures | compliance | low | — | — |
| 3 Sept 2026 · 9th AGM on Sept 25, 2026; director re-appointments and AoA amendment on agenda | board shareholder meetings | low | — | — |
| 22 Aug 2026 · Board re-appoints MD and WTD for 5 years, alters Articles of Association | management changes | high | — | — |
| 17 Aug 2026 · D.P. Jewellers opens new showroom in Jodhpur under COCO model | business updates | medium | — | — |
| 5 Aug 2026 · Board approves new address for maintaining books of account | compliance | low | — | — |
| 5 Aug 2026 · Board approves new address for maintaining books of account | general | low | — | — |
| 28 Jul 2026 · Q1 FY27 transcript: revenue up 58%, PAT up 77%, margin expansion | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| — |
| 8.0 |
| ETHOS LIMITED | 7,118 | 67.7 | 4.28 | 27.7 | 5.8 | 7.0 | — | 16.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 104.4 | 23.4 | 27 of 29 | 7% |
| EBITDA margin | 3.9 | 10.7 | 26 of 30 | 14% |
| Market cap | 3081 | 2587 | 15 of 30 | 52% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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