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D. P. Abhushan

NSEI:DPABHUSHAN
Snowflake Description

Proven track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DPABHUSHAN
NSEI
₹1B
Market Cap
  1. Home
  2. IN
  3. Retail
Company description

D. P. Abhushan Limited engages in the retail of various jewelleries and ornaments in India. The last earnings update was 143 days ago. More info.


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DPABHUSHAN Share Price and Events
7 Day Returns
20.3%
NSEI:DPABHUSHAN
-8%
IN Specialty Retail
-3.9%
IN Market
1 Year Returns
25.5%
NSEI:DPABHUSHAN
-77.2%
IN Specialty Retail
-32.2%
IN Market
DPABHUSHAN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
D. P. Abhushan (DPABHUSHAN) 20.3% -9.6% 26.3% 25.5% - -
IN Specialty Retail -8% -56.6% -64.6% -77.2% -77.1% -65.9%
IN Market -3.9% -26.8% -31.7% -32.2% -23.8% -14.9%
1 Year Return vs Industry and Market
  • DPABHUSHAN outperformed the Specialty Retail industry which returned -77.2% over the past year.
  • DPABHUSHAN outperformed the Market in India which returned -32.2% over the past year.
Price Volatility
DPABHUSHAN
Industry
5yr Volatility vs Market
Related Companies

Value

 Is D. P. Abhushan undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of D. P. Abhushan to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for D. P. Abhushan.

NSEI:DPABHUSHAN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 14.9%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:DPABHUSHAN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.736 (1 + (1- 35%) (78.78%))
1.076
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (1.076 * 7.85%)
14.93%

Discounted Cash Flow Calculation for NSEI:DPABHUSHAN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for D. P. Abhushan is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NSEI:DPABHUSHAN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 14.93%)
2020 107.63 Est @ 30.12% 93.65
2021 132.41 Est @ 23.03% 100.25
2022 156.33 Est @ 18.06% 102.99
2023 179.13 Est @ 14.59% 102.68
2024 200.91 Est @ 12.16% 100.21
2025 221.91 Est @ 10.45% 96.31
2026 242.46 Est @ 9.26% 91.56
2027 262.89 Est @ 8.43% 86.38
2028 283.51 Est @ 7.84% 81.05
2029 304.59 Est @ 7.43% 75.77
Present value of next 10 years cash flows ₹930.00
NSEI:DPABHUSHAN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹304.59 × (1 + 6.48%) ÷ (14.93% – 6.48%)
₹3,839.63
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹3,839.63 ÷ (1 + 14.93%)10
₹955.17
NSEI:DPABHUSHAN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹930.00 + ₹955.17
₹1,885.17
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹1,885.17 / 22.25
₹84.71
NSEI:DPABHUSHAN Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹84.71
Current discount Discount to share price of ₹60.75
= -1 x (₹60.75 - ₹84.71) / ₹84.71
28.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price D. P. Abhushan is available for.
Intrinsic value
28%
Share price is ₹60.75 vs Future cash flow value of ₹84.71
Current Discount Checks
For D. P. Abhushan to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • D. P. Abhushan's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • D. P. Abhushan's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for D. P. Abhushan's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are D. P. Abhushan's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:DPABHUSHAN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in INR ₹5.41
NSEI:DPABHUSHAN Share Price ** NSEI (2020-04-03) in INR ₹60.75
India Specialty Retail Industry PE Ratio Median Figure of 14 Publicly-Listed Specialty Retail Companies 13.2x
India Market PE Ratio Median Figure of 2,614 Publicly-Listed Companies 9.41x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of D. P. Abhushan.

NSEI:DPABHUSHAN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:DPABHUSHAN Share Price ÷ EPS (both in INR)

= 60.75 ÷ 5.41

11.23x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • D. P. Abhushan is good value based on earnings compared to the IN Specialty Retail industry average.
  • D. P. Abhushan is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does D. P. Abhushan's expected growth come at a high price?
Raw Data
NSEI:DPABHUSHAN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.23x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Specialty Retail Industry PEG Ratio Median Figure of 81 Publicly-Listed Specialty Retail Companies 0.86x
India Market PEG Ratio Median Figure of 400 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for D. P. Abhushan, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on D. P. Abhushan's assets?
Raw Data
NSEI:DPABHUSHAN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in INR ₹26.75
NSEI:DPABHUSHAN Share Price * NSEI (2020-04-03) in INR ₹60.75
India Specialty Retail Industry PB Ratio Median Figure of 23 Publicly-Listed Specialty Retail Companies 0.83x
India Market PB Ratio Median Figure of 3,613 Publicly-Listed Companies 0.63x
NSEI:DPABHUSHAN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:DPABHUSHAN Share Price ÷ Book Value per Share (both in INR)

= 60.75 ÷ 26.75

2.27x

* Primary Listing of D. P. Abhushan.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • D. P. Abhushan is overvalued based on assets compared to the IN Specialty Retail industry average.
X
Value checks
We assess D. P. Abhushan's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. D. P. Abhushan has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is D. P. Abhushan expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as D. P. Abhushan has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.2%
Expected Specialty Retail industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is D. P. Abhushan expected to grow at an attractive rate?
  • Unable to compare D. P. Abhushan's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare D. P. Abhushan's earnings growth to the India market average as no estimate data is available.
  • Unable to compare D. P. Abhushan's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:DPABHUSHAN Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 8.2%
Asia Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 8.1%
India Market Earnings Growth Rate Market Cap Weighted Average 19.2%
India Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:DPABHUSHAN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:DPABHUSHAN Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-09-30 8,321 172 121
2019-06-30 8,221 272 119
2019-03-31 8,121 372 118
2018-03-31 7,198 -103 89
2017-03-31 4,510 85 49

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if D. P. Abhushan is high growth as no earnings estimate data is available.
  • Unable to determine if D. P. Abhushan is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:DPABHUSHAN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from D. P. Abhushan Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:DPABHUSHAN Past Financials Data
Date (Data in INR Millions) EPS *
2019-09-30 5.41
2019-06-30 5.35
2019-03-31 5.30
2018-03-31 4.61
2017-03-31 3.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if D. P. Abhushan will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Check out D. P. Abhushan's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  2. D. P. Abhushan's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  3. D. P. Abhushan's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess D. P. Abhushan's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
D. P. Abhushan has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has D. P. Abhushan performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare D. P. Abhushan's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • D. P. Abhushan has delivered over 20% year on year earnings growth in the past 5 years.
  • D. P. Abhushan's 1-year earnings growth is less than its 5-year average (16.6% vs 33.5%)
  • D. P. Abhushan's earnings growth has exceeded the IN Specialty Retail industry average in the past year (16.6% vs 0.8%).
Earnings and Revenue History
D. P. Abhushan's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from D. P. Abhushan Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:DPABHUSHAN Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 8,321.27 120.55 159.39
2019-06-30 8,221.30 119.23 153.60
2019-03-31 8,121.32 117.91 147.81
2018-03-31 7,198.03 88.87 148.26
2017-03-31 4,510.18 49.05 123.29
2016-03-31 4,873.80 32.47 109.28
2015-03-31 4,592.98 13.15 68.05
2014-03-31 4,089.17 21.54 56.84

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst D. P. Abhushan has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • D. P. Abhushan used its assets more efficiently than the IN Specialty Retail industry average last year based on Return on Assets.
  • D. P. Abhushan has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess D. P. Abhushan's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
D. P. Abhushan has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is D. P. Abhushan's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up D. P. Abhushan's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • D. P. Abhushan is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • D. P. Abhushan's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of D. P. Abhushan's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from D. P. Abhushan Company Filings, last reported 6 months ago.

NSEI:DPABHUSHAN Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 596.24 1,065.08 57.02
2019-06-30 528.70 988.75 72.29
2019-03-31 528.70 988.75 72.29
2018-03-31 410.79 1,246.59 68.51
2017-03-31 214.56 957.12 22.66
2016-03-31 169.22 1,000.02 14.13
2015-03-31 161.27 774.04 13.72
2014-03-31 149.84 735.78 46.89
  • D. P. Abhushan's level of debt (178.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (485.3% vs 178.6% today).
  • Debt is not well covered by operating cash flow (16.1%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess D. P. Abhushan's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. D. P. Abhushan has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is D. P. Abhushan's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from D. P. Abhushan dividends.
If you bought ₹2,000 of D. P. Abhushan shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate D. P. Abhushan's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate D. P. Abhushan's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:DPABHUSHAN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 1.4%
India Market Average Dividend Yield Market Cap Weighted Average of 1419 Stocks 2%
India Minimum Threshold Dividend Yield 10th Percentile 0.4%
India Bottom 25% Dividend Yield 25th Percentile 1%
India Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as D. P. Abhushan has not reported any payouts.
  • Unable to verify if D. P. Abhushan's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of D. P. Abhushan's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as D. P. Abhushan has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess D. P. Abhushan's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can D. P. Abhushan afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. D. P. Abhushan has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of D. P. Abhushan's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Amit Bandi
COMPENSATION ₹875,880
TENURE AS CEO 1.4 years
CEO Bio

Mr. Amit Bandi has been Chief Executive Officer at D. P. Abhushan Limited since November 12, 2018.

CEO Compensation
  • Insufficient data for Amit to compare compensation growth.
  • Amit's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the D. P. Abhushan management team in years:

2.9
Average Tenure
43
Average Age
  • The tenure for the D. P. Abhushan management team is about average.
Management Team

Vikas Kataria

TITLE
Chairman & MD
COMPENSATION
₹4M
AGE
37
TENURE
2.9 yrs

Amit Bandi

TITLE
Chief Executive Officer
COMPENSATION
₹876K
TENURE
1.4 yrs

Vijesh Kasera

TITLE
Chief Financial Officer
COMPENSATION
₹596K
AGE
43
TENURE
2.8 yrs

Nusrat Parveen

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹120K
TENURE
1.3 yrs

Santosh Kataria

TITLE
Whole Time Director
COMPENSATION
₹3M
AGE
41

Ratan Kataria

TITLE
Head of Marketing
AGE
66
TENURE
2.9 yrs

Anil Kataria

TITLE
Head of Business Development
AGE
49
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure and age of the D. P. Abhushan board of directors in years:

2.8
Average Tenure
43
Average Age
  • The average tenure for the D. P. Abhushan board of directors is less than 3 years, this suggests a new board.
Board of Directors

Vikas Kataria

TITLE
Chairman & MD
COMPENSATION
₹4M
AGE
37
TENURE
2.8 yrs

Santosh Kataria

TITLE
Whole Time Director
COMPENSATION
₹3M
AGE
41
TENURE
2.9 yrs

Mukesh Jain

TITLE
Independent Director
COMPENSATION
₹14K
AGE
58
TENURE
2.8 yrs

Sanskar Kothari

TITLE
Non Executive Independent Director
COMPENSATION
₹14K
TENURE
1.8 yrs

Renu Kataria

TITLE
Non Executive Director
AGE
45
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by D. P. Abhushan individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
27. Jan 20 Buy Anil Kataria Individual 24. Jan 20 24. Jan 20 40,000 ₹55.70 ₹2,227,999
25. Jan 20 Buy Anil Kataria Individual 23. Jan 20 23. Jan 20 40,000 ₹55.88 ₹2,235,199
29. Jan 20 Buy Anil Kataria Individual 28. Jan 20 28. Jan 20 40,000 ₹59.85 ₹2,394,000
29. Jan 20 Buy Renu Kataria Individual 28. Jan 20 28. Jan 20 80,000 ₹59.90 ₹4,789,998
X
Management checks
We assess D. P. Abhushan's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. D. P. Abhushan has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does D. P. Abhushan (NSE:DPABHUSHAN) Have A Healthy Balance Sheet?

When we think about a company's use of debt, we first look at cash and debt together. … Abhushan's conversion of EBIT to free cash flow and its track record of staying on top of its total liabilities make us rather uncomfortable with its debt levelsD … Abhushan to be really rather risky, as a result of its balance sheet health.

Simply Wall St -

Did You Manage To Avoid D. P. Abhushan's (NSE:DPABHUSHAN) 15% Share Price Drop?

Abhushan Limited (NSE:DPABHUSHAN) share price is down 15% in the last yearP … There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS)P … Since we can't easily explain the share price movement based on these metrics, it might be worth considering how market sentiment has changed towards the stock.

Simply Wall St -

D. P. Abhushan Limited (NSE:DPABHUSHAN) Delivered A Better ROE Than Its Industry

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for D. … Abhushan: 22% = ₹118m ÷ ₹529m (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … A company that can achieve a high return on equity without debt could be considered a high quality business.

Simply Wall St -

Here's What D. P. Abhushan Limited's (NSE:DPABHUSHAN) ROCE Can Tell Us

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for D. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE. … Abhushan's high level of current liabilities boost the ROCE - but its ROCE is still impressive.

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand D. P. Abhushan Limited (NSE:DPABHUSHAN)

The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for D. … Earnings growth means that in the future the 'E' will be higher? … Hypothetically, a company could reduce its future P/E ratio by spending its cash (or taking on debt) to achieve higher earnings.

Simply Wall St -

What Kind Of Shareholders Own D. P. Abhushan Limited (NSE:DPABHUSHAN)?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Abhushan is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

What Can We Make Of D. P. Abhushan Limited’s (NSE:DPABHUSHAN) High Return On Capital?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Do Insiders Own Shares In D. P. Abhushan Limited (NSE:DPABHUSHAN)?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Taking a look at the our data on the ownership groups (below), it's seems that. … institutions don't own shares in the companyP

Simply Wall St -

Read This Before You Buy D. P. Abhushan Limited (NSE:DPABHUSHAN) Because Of Its P/E Ratio

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Abhushan Limited's (NSE:DPABHUSHAN) P/E ratio to inform your assessment of the investment opportunityP … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS).

Simply Wall St -

Here's What D. P. Abhushan Limited's (NSE:DPABHUSHAN) ROCE Can Tell Us

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it. … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Company Info

Description

D. P. Abhushan Limited engages in the retail of various jewelleries and ornaments in India. The company’s portfolio of jewellery collections include bridal, Rajasthani, junagadhi, calcutti, polka, fine pearl, and other antique jewelry items, as well as guroor, paakeezah, sumukh, amaya, meraki, and riwaj collection. It offers jewellery products in gold, diamond, and platinum studded with precious and semi-precious stones, such as rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, and bangles, as well as customized jewellery for weddings; and accessories comprising brooches, belts, eye frames, pens, watches, buttons, cuff links, tie pins, etc. The company sells jewellery through four retail showrooms located in Ratlam, Indore, Bhopal, and Udaipur. In addition, it generates electricity through windmill. The company was founded in 1940 and is headquartered in Ratlam, India.

Details
Name: D. P. Abhushan Limited
DPABHUSHAN
Exchange: NSEI
Founded: 1940
₹1,351,982,137
22,254,850
Website: http://www.dpjewellers.com
Address: D. P. Abhushan Limited
19, Chand ani Chowk,
Ratlam,
Madhya Pradesh, 457001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI DPABHUSHAN Equity Shares National Stock Exchange of India IN INR 25. Oct 2017
Number of employees
Current staff
Staff numbers
296
D. P. Abhushan employees.
Industry
Apparel Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 13:43
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2019/11/13
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.