Name: Latest research reports of D P Abhushan Ltd. authored by Arihant Capital and published by - Trendlyne research reports.
Item: D P Abhushan Ltd.
Rating: 5
Author: Arihant Capital

D. P. Abhushan

Buy: D P Abhushan Ltd.

Arihant Capital

Kataria family promoted D. P. Abhushan Ltd (DPAL) is engaged into the retail business of Gold and Diamond Jewellery & Ornaments. At present, company has four showrooms situated at various places from where it operates its Jewellery stores. Company has high growth potential in organised Indian jewellery sector backed by : 1) Strong Brand image; 2) Store Expansion plan 3) Improving gross margins due to better sales mix and lower cost of sales. We estimate DPAL to record PAT CAGR of 12% over the period of FY20-22E backed by improvement in gross...