Archive · 25 Jan 2026
DP Abhushan targets ₹4,000 cr revenue in FY26
DP Abhushan is a jewellery company that wants to make more money.
They currently have stores in Madhya Pradesh and Rajasthan and plan to open new stores in Gujarat, Chhattisgarh, and Maharashtra.
They want to make ₹4,000 crore in the next year.
The company is focusing on smaller cities where there is less competition.
They are also seeing more people buying lighter jewellery because gold is expensive.
The company is using its own money to pay for the new stores and does not have much debt.
They might start using franchises in the future.
DP Abhushan aims for ₹3,900-4,000 crore revenue in FY26, up from ₹3,300 crore in FY25.
The company plans to expand into Gujarat, Chhattisgarh, and Maharashtra with 3-5 new stores annually.
Current expansion focus is on tier II and III cities due to less competition and good potential.
Demand for lightweight and everyday-use jewellery is increasing, especially for bridal purchases.
The company is funding its expansion through internal accruals with a capex of ₹15-20 crore and has a debt of ₹170-180 crore.
- Who
- DP Abhushan, a jewellery retailer
- What
- Plans to expand into Gujarat, Chhattisgarh, and Maharashtra, targeting ₹4,000 crore revenue in FY26
- When
- Expansion to begin soon, with a target of FY26 for revenue
- Where
- Currently in Madhya Pradesh and Rajasthan, expanding to Gujarat, Chhattisgarh, and Maharashtra
- Why
- To achieve 20-25% annual growth and tap into less competitive markets in tier II and III cities
- Current Revenue (FY25)
- ₹3,300 crore
- Target Revenue (FY26)
- ₹3,900-4,000 crore
- Current Stores
- 11 stores in 10 cities
- Expansion Plan
- 3-5 stores annually in Gujarat, Chhattisgarh, Maharashtra
- Capex for Expansion
- ₹15-20 crore
- Current Debt
- ₹170-180 crore
- Expansion Focus
- Tier II and III cities
- Jewellery Trends
- Increasing demand for lightweight and everyday-use jewellery