D. P. Abhushan Limited — Investor Meet, 12-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

DP Abhushan reported Q2 FY26 revenue of ₹967.65 Cr (up 79% QoQ, down 4% YoY) and PAT of ₹51.46 Cr (up 105% YoY), with EBITDA margins improving to 7.83%. H1 FY26 revenue was ₹1,508 Cr (flat YoY), but PAT grew 75% to ₹87.88 Cr, driven by higher-margin product mix and cost efficiencies despite a 20% gold volume decline.

Management expects strong H2 recovery due to festive and wedding seasons, projecting 20-25% revenue growth for FY26 and 7-8% EBITDA margins. Expansion includes 8-10 new COCO stores in 2-3 years (1-2 this fiscal), a pilot FOCO model, and an e-commerce launch. The outlook is confident amidst strategic growth and market shifts.