The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
D. P. Abhushan Limited is an India-based company, which is engaged in the business of manufacturing, sale and trading of gold jewelry, diamond jewelry, platinum jewelry, silver jewelry, and other precious metals. The Company operates through the gems and jewelry segment,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, fully valued — but flagged on governance.
D. P. Abhushan is scored on the consumer / fmcg framework. It keeps a slim 5.2% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.46×) — worth a closer look. Free cash flow is worth about -2.7% of its market value.
Over the last 3 years revenue compounded at 27%/yr and profit at 67%/yr. Book value itself has compounded 43%/yr — the hallmark of a genuine compounder. Return on equity is an elite 34.5%. In the latest quarter profit grew 27% versus the prior quarter.
At 39× earnings, the stock sits at the 77th percentile of its own 4.6-year range — the expensive end of where it has historically traded. Today's price implies ~9%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-0.13 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 20.54 | 98.84 | better |
| P/B | 6.03 | 3.28 | worse |
| EV/EBITDA | 13.22 | — | — |
| ROE | 34.47 | 9.74 | better |
| ROCE | 24.31 | 11.66 | better |
| ROA | 13.12 | 15.54 | worse |
| Quick Ratio | 0.05 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Titan Company | 63.0 | 24.3 | 38.5% |
| Kalyan Jewellers | 42.5 | 9.7 | 21.4% |
| Lalithaa Jewellery MART L | 20.7 | 5.1 | 34.5% |
Revenue has grown every year across all 4 financial years shown. 27% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (67% vs 27%) — margin expansion is at work. The latest year saw a +88% swing — check if it's a one-off or structural.
Operating margin has expanded from 3% to 7% — the business is keeping more of each rupee earned.
ROE at 28% — the business earns well above its cost of equity. High ROE despite single-digit margins — an asset-turn play with high capital velocity. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (67% vs 55%) — share dilution is eroding per-share value. 55% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 36% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (36% spread) — likely seasonality, lumpy orders, or project-based revenue.
Profit jumped 27% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (5% → 8%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 4.6y median.
Promoters hold 74.9% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.