D.P. Abhushan reports strong FY25 growth, eyes expansion and diamond jewellery

D.P. Abhushan Limited announced robust financial performance for FY25, with revenue increasing by 42% year-on-year, EBITDA up 73%, and profit after tax marking an 82% year-on-year increase. Total income reached ₹3,312 CR in FY25, up from ₹2,340 CR in FY24, with profit before tax rising to ₹150.98 CR from ₹83.39 CR in the same period. This growth was attributed to sustained wedding and festive demand, alongside a rally in gold prices.

The company continues its strategic expansion, inaugurating a second showroom in Ratlam in April 2025, and new showrooms in Ajmer and Neemuch in September and November 2024, respectively. D.P. Abhushan plans to open eight new stores by the end of FY26, subject to fund raising via QIP, and aims to raise up to ₹600 crores to support this expansion roadmap across Gujarat, Chhattisgarh, Madhya Pradesh, and Rajasthan.

D.P. Abhushan is also diversifying its revenue mix, with an increasing focus on diamond-studded jewellery. The company aims for diamond-studded jewellery to contribute 10% to its revenue share, leveraging premium product offerings and strategic exhibition initiatives to boost profitability. The company operates through 11 stores and emphasizes a company-owned, company-operated (COCO) model for new stores.