D P Abhushan Limited has announced the inauguration of a new retail showroom in Dhar, Madhya Pradesh, marking another milestone in the company's expansion strategy. The showroom commenced operations on March 29, 2026, as disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Showroom Specifications and Strategic Location

The new D P Jewellers showroom is strategically positioned in Happy Villa Colony, Dhar, offering enhanced accessibility to customers across the region. The facility represents a significant investment in the company's retail infrastructure.

Comprehensive Product Portfolio

The Dhar showroom features an extensive collection designed to cater to the region's strong preference for classic and bridal jewellery. The retail outlet combines traditional craftsmanship with contemporary elegance, offering:

• Gold jewellery collections
• Silver jewellery varieties
• Diamond-studded pieces
• Kundan collections
• Polki varieties
• Wedding and bridal jewellery
• Traditional and trendy designs
• Chains, armlets, rings, pendants, and necklaces

Central India Expansion Strategy

This showroom opening aligns with D P Abhushan Limited's broader strategy to strengthen its retail presence across Tier-II cities in Central India. The expansion into Dhar brings the company's total retail footprint to 12 showrooms, spanning locations including Ratlam, Indore, Udaipur, Bhopal, Ujjain, Bhilwara, Kota, Banswara, Ajmer, Neemuch, and now Dhar.

According to Managing Director Santosh Kataria, "Dhar represents the true essence of India's jewellery culture where trust is built over generations and gold is valued as both emotion and security. Our expansion into Dhar is a natural extension of our journey to serve communities that value authenticity, tradition, and long-standing relationships."

Financial Impact and Operational Framework

The company has indicated that this expansion forms part of its regular operational framework and is not expected to have any material impact on the financials for the fiscal year. The showroom opening did not require capital expenditure approval from shareholders, demonstrating the company's disciplined approach to growth.

Company Heritage and Market Position

D P Abhushan Limited operates under the "D P Jewellers" brand and carries forward an 86-year legacy since 1940, now managed by the fourth generation of the founding family. The company went public in 2017 and has established itself as one of Central India's most trusted jewellery brands, with its registered office located in Ratlam, Madhya Pradesh.

D P Abhushan Limited has announced strong financial results for the third quarter and nine months ended December 31, 2025, demonstrating resilient performance despite challenging market conditions. The jewellery retailer reported significant growth across key financial metrics, driven by wedding demand and festive momentum during the quarter.

Q3FY26 Financial Performance

The company delivered impressive quarterly results with substantial year-on-year improvements across all major financial parameters:

Despite elevated gold prices across the industry impacting volumes, the company achieved a healthy 13% year-on-year revenue growth. The significant improvement in profitability metrics reflects the company's effective operational management and strategic positioning.

Nine-Month Performance Overview

For the nine-month period ending December 31, 2025, D P Abhushan maintained steady growth momentum:

The nine-month results showcase the company's ability to deliver consistent performance while navigating market challenges and maintaining operational efficiency.

Segment-wise Performance Analysis

The company's diversified product portfolio showed mixed performance across different segments during Q3FY26:

Gold Segment

Silver Segment - Key Growth Driver

Silver emerged as a standout performer during the quarter, driven by festive gifting and affordability-led demand, registering exceptional growth of 131% year-on-year.

Diamond Segment

Strategic Expansion and Store Operations

The company continues its expansion strategy with successful launches of new showrooms across key markets. Recent store openings include:

The company operates 11 stores with a total store area of 50,650 sq ft as of December 31, 2025, maintaining an average revenue per sq ft of approximately ₹5.39 lakhs for the nine-month period.

Management Commentary and Market Strategy

According to Chairman and Managing Director Santosh Kataria, the company's disciplined inventory management and natural hedging enabled effective navigation of gold price volatility. The management highlighted that customers with committed events, particularly weddings, continued to purchase actively, while investment-oriented customers remained engaged through savings and accumulation schemes.

The company has finalized several new store locations and continues to evaluate further expansion opportunities across tier 2 and tier 3 cities in Madhya Pradesh, Rajasthan, Chhattisgarh, and Gujarat over the next five years.

Source: D P Abhushan Limited Investor Presentation