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D. P. Abhushan Limited (DPABHUSHAN) Q4 2025 Earnings Call Transcript

D. P. Abhushan Limited (NSE: DPABHUSHAN) Q4 2025 Earnings Call dated May. 20, 2025

Corporate Participants:

Ajit MishraInvestor Relations

Anil KatariaChairman and Managing Director

Vikash KatariaDirector

Analysts:

Anjali SinghAnalyst

Rohan SinghAnalyst

Pratik ShahdapuriAnalyst

Unidentified Participant

Presentation:

Operator

Foreign Ladies and gentlemen, welcome to the DB Abhishan Limited Q4FY25 earning conference call. As a reminder, all participant line will be in listen only mode and there will be an opportunity for you to ask questions at the end of today’s presentation. Should you need assistance during the conference call, please signal an operator by pressing Star then zero on your touchstone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Ajit Mishra from EY Investor Relations.

Ajit MishraInvestor Relations

Thank you and over to you sir. Thank you. Good evening to all the participants on this call. I am Ajit Mishra from ENY Investor Relations. Before we proceed to the call, let me remind you that the discussion may contain forward looking statements that may involve known or unknown risk uncertainties and other factors. It must be viewed in conjunction with our business risk that could cause future result, performance or achievements to differ significantly from what it expressed or implied by such forward looking statements. Please note that we have mailed the press release and the results and the same are available on the Exchange and the company’s website.

In case if you have not received the same you can write to us and we will be happy to send the same over to you to take us through the results and answer your questions. Today we have the top management of BP Agusan Limited represented by Santosh Kataria, Chairman and Managing Director Anil Kataria, whole time director and Mr. Vikash Kataria, promoter. We will start the call with an opening remarks on company’s performance for the quarter and year gone past and then we will conduct Q and a session. With that said, I will now hand over the call to Anil. Sir, over to you sir.

Anil KatariaChairman and Managing Director

Namaste. Good evening all. DP Abortion Limited Key Quarter 425 full time director DP Abortion Advocate for Vikas Qataria promoter Pishley Sarkijo Journey is financial or Hamari shareholders may Central India basis Head officer a body yes or Adri Gabu him Unkupura Karna Banani King design Kiyaga second showroom. [Foreign Speech], Idea. Jome Call Vikasko Songa Jomarinivas

Vikash KatariaDirector

Thank you. Good evening everyone. I am Vikas Kataria, promoter of DP Abhor Ltd. I do now like to take this opportunity to share our financial performance for the fourth quarter of financial year 25 and the financial year ended 31st March 2025. Starting with the quarter four financial year 25 performance, total revenue for the quarter stood at 718 crore compared to 557 crore in quarter four financial year 24 registering a strong 29% year on year growth. This performance was primarily supported by sustained wedding and festive demand compared to the previous year along with a sharp rise in gold price which pick a 1 lakh per 10 grams during the quarter. However, the elevated gold price did impact overall industry demand on a sequential basis leading to more cautious consumer spending.

Our EBITDA for quarter four financial year 25 is stood at 42 crore up from 24 crore in the same quarter last year, a 74% increase. Profit after tax came in 25 crore compared to 16 crore in quarter four financial year 24 showing a solid 55% year on year growth. Now coming to our full year financial year 25 performance, the total revenue of financial year 25 stood at 3312 crore, 3312 crore growing 42% from 2340 crore in financial year 24. EBITDA saw an impressive 74% year on year growth reaching 175 crore. With margin expanding by 97 basis point, PET rose sharply by 82% year on year reaching 113 crore with PET margin improving by 76 basis points. Looking at our revenue mix, Gold remain our dominating category contributing 93% of total sales, diamond contribution 5%, silver made up 2% and remaining 0.3 came from the other which include platinum and gemstones. These results are a reflection of our strong brand presence, customer trust, efficient operation and timely market strategies. I’m excited to take you through some of our other key updates beyond the financials. Throughout the year we conduct a series of jewelry exhibition across both our core and newly identified region. This exhibition played a vital role in building brand awareness and connecting with a wider customer base across emerging market in Central India during the fourth quarter. Specifically, we organized exhibition in several key regions of Rajasthan including Beaver, Dungarpur and Kota. In parallel, we also focus on enhancing the visibility of our studied collection in important markets such as Indore, Neema, Jadlam and Ujjain. These efforts were aimed at strengthening our presence and showcasing our craftsmanship to newer audience. We will continue to prioritize such initiative to broaden our brand reach and customer engagement especially in high potential region. With that, I do now like to open the floor for any question and answer. Thank you once again for your time and continued support. Thank you.

Questions and Answers:

Operator

Thank you very much. We will now begin the question and answer session. Anyone who wishes to ask a question may press star and one on the touch tone telephone. If you wish to remove yourself from question queue, you May press star and 2. Participants are requested to use handset while asking a question. Ladies and gentlemen will wait for a moment while the question queue assembles. The first question is from the line of Anjali Singh from Bansal family office. Please go ahead.

Anjali Singh

Hi, thanks for the opportunity. Firstly congratulations on good set of numbers. So my first question is more of regional specific. So as you. Mentioned that this quarter we have a store in Baswara and Bhopal and Jain. So they have seen good traction in the revenue wild wide. Could you please highlight what were the growth drivers and is it sustainable going forward? Hello. So your line is on mute. Okay. Hello. Hello. Yes sir. Yeah. Am I audible?

Anil Kataria

Yeah, yeah. So the key driver is the wedding collection. So we are like more focused on the wedding collection and as you know the India is a very growing into the wedding and this year almost 1 million wedding we are like celebrating in the this financial year. So our major focus is the wedding and definitely this growth will be continue in coming year as well.

Anjali Singh

Okay. Okay. So one more question related to average ticket size during the quarter amid global uncertainties and gold price rise.

Anil Kataria

So the average ticket size is somewhere around 1 lakh to 1. Yeah. 1 lakh. 1. 1. 1 lakh 10,000 the average ticket size.

Anjali Singh

Okay. Okay. Okay. Thank you so much. Thank you.

Anil Kataria

Welcome.

Operator

Thank you. A reminder to all participants you may press star and one to ask questions. Next question is from the line of Rohan Singh from Value equity. Please go ahead. Mr. Singh you can go ahead with your question.

Rohan Singh

Hello. Am I audible?

Operator

Yes sir. Please.

Rohan Singh

So just wanted to get some sense on how our new stores in Ajmer, Neemaj and recently opened Ratnam are getting response from the local customer in respective region and how is the competitive intensity in these particular regions.

Anil Kataria

So yeah we opened this three store in last year. So Ajmer store is a good response. Local reason and competition is also we have a good competition because all the national brand Tanisk is there in Ajumer and not all the national brand in Ajmer. But yeah Tanisk is there but local coffee is strong. But we are getting a good response in Ajmer and definitely Neemat we don’t have any competition. So Neemat is a very good. Response and we have a good market share already, so.

Rohan Singh

Okay, understood. Another question, sir. As we are aware that during quarter four the gold prices rise rose at its peak level reaching 1 lakh. So just wanted to understand how it impacted the customer demand in central India region where TP has strong presence.

Anil Kataria

So I think the demand is still there because the wedding. Wedding season was there. But yeah, maybe I guess gold price toll a reasonable. Definitely we. We do wonders. So because of the gold high gold price compulsory purchasing is hold. But maybe a second quarter, third quarter materialize hoagie. So. But future is impacted. Yeah.

Rohan Singh

Okay, understood. Thank you sir and good luck.

Anil Kataria

Thank you.

Operator

Thank you. A reminder to all participants, you may press star and one to ask questions. Next question is from the line of Pratik Shahdapuri from M3 Investments. Please go ahead.

Pratik Shahdapuri

Hello. Am I audible?

Operator

Yes sir.

Pratik Shahdapuri

I just wanted to know what kind of lease terms do you keep generally on your rented shop? So how many years lease is it? How much lock in period do you keep and what kind of escalations are there?

Anil Kataria

So normally we do the leasing agreement is nine years mostly and renewable. Nine plus nine nine. So normally. And exhalation may be there to kind of exhalation either. 15 after three years are 5% each year. So we are. We are preferring 15 after three years. Every three years. Three years is the lock in period.

Pratik Shahdapuri

Okay. Okay, thank you. That’s it. From three years then lock in period. Yeah.

Operator

Thank you. A reminder to all participants, you may press star and one to ask questions. A reminder to all participants, you may press star and one to ask questions. A reminder to all participants, you may press star and one to ask questions. A reminder to all participants. You may press star and one to ask questions. A reminder to all participants. You may press star and one to ask questions. Next question is from the line of Atishai Jain from an individual investor. Please go ahead.

Unidentified Participant

Hello. I’m audible.

Operator

Yes sir. Please go ahead. Sir.

Unidentified Participant

I have two questions. Firstly, more than 25% and for second question last quarter. Thank you.

Anil Kataria

So Ratlam store definitely we open one more store. Is a big Monday for the jewelry surrounding 200300 km say Joe Gujarat say Rajasthan say and MPK. Especially gold. Julie purchased gold diamonds. Second question. So we are planning to raise some fund but under process definitely will update the thing.

Unidentified Participant

Okay. Thank you so much sir. Happy to be invested in DP Abhishek. Thank you so much, sir.

Operator

Thank you. A reminder to all participants. You may press star and one to ask questions. As there are no further questions from the participants. I now hand the conference over to management for closing remarks.

Ajit Mishra

Good evening. Thank you. Thank you. Thank you.

Operator

Thank you very much on behalf of DP Abhor Limited that conclude this conference. Thank you for joining us. And you may now disconnect your lines.