D.P. Abhushan Q1 FY27 Results (NSE: DPABHUSHAN)
Signal: Growth reaccelerated
The read
Strong Q1 beat with 58% revenue growth, 77% PAT growth and 80bps EBITDA margin expansion, driven by wedding/festive demand and disciplined cost management; same-store sales growth of 52% and high footfall conversion (81%) underscore healthy underlying demand; store expansion into Gujarat (Dahod) and first FOCO model (Jabalpur) signal disciplined growth.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹853.63 Cr | 58% | N/A |
| EBIT | ₹0 Cr | N/A | |
| Net profit | ₹64.45 Cr | 77% | |
| EPS | ₹0 | N/A | |
| EBIT margin | 11.01% |
P&L walk
Revenue grew 58% YoY to ₹853.63 Cr, driven by strong wedding and festive demand; EBITDA margin expanded 80bps to 11.01% on operating leverage and cost discipline, despite Adhik Maas; PAT grew 77% YoY to ₹64.45 Cr, with margin up 82bps.
Key positives
- Revenue grew 58% YoY to ₹853.63 Cr, with PAT up 77% to ₹64.45 Cr.
- EBITDA margin expanded 80bps YoY to 11.01%; PAT margin expanded 82bps to 7.55%.
- Same-store sales growth of 52% indicates strong like-for-like performance.
- Average ticket size of ₹1,57,000 and footfall conversion ratio of 81% reflect healthy customer traction.
- Gold exchange contributed 25% of sales, supporting customer loyalty and inventory efficiency.
- New showrooms in Dahod (Gujarat, first state entry) and Jabalpur (first FOCO model) expand retail footprint.
Research and educational content only. Not investment advice.