D. P. Abhushan Limited hereby submits Ninth Annual Report for the F.Y. 2025-26.

Date: September 3, 2026 To, To, National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, Bandra East, Mumbai – 400051 Mumbai – 400 001 Symbol: “DPABHUSHAN” BSE SCRIP Code – “544161” Respected Sir / Ma’am, Sub: Submission of Annual Report for F.Y. 2025-26 pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 Pursuant to Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith Annual Report of the Company for the financial year 2025-26 along with the Notice of 9th Annual General Meeting of the Company. The 9th Annual General Meeting of the Company is scheduled to be held on Friday, September 25, 2026. The Annual Report is also available on the website of the Company at www.dpjewellers.com. Kindly disseminate the same on your website and oblige us. For D. P. Abhushan Limited Santosh Kataria Chairman and Managing Director DIN: 02855068 Encl: 09th Annual Report Growing with Every Generation D. P. ABHUSHAN LIMITED 9TH ANNUAL REPORT 2025-26 Contents Growing Corporate Overview Statutory Reports Financial Statements with Every 02 About D. P. Abhushan Limited 27 Corporate Information 150 Standalone 04 Our Portfolio 28 Notice of 9th Annual General 06 Presence Meeting Generation 48 Board of Director’s Report 08 Key Milestones 69 Report on Corporate 10 Business Model Governance 12 Our Growth Pillars 94 Business Responsibility & 14 Chairman and Managing Sustainability Report Director’s Message 140 Management Discussion and 16 Key Performance Indicators Analysis Report FY2026 For over eight decades, D. P. Abhushan 18 Future Priorities Limited has evolved from a trusted family-led 20 Marketing Outreach jewellery business into a growing regional 22 Expansion jewellery retail brand, while remaining firmly 24 Board of Directors rooted in trust, purity and craftsmanship. As 26 Awards & Recognitions customer aspirations and preferences have changed, we have continuously evolved our collections, retail presence and customer 2025-26 Highlights experience to remain relevant across generations. Financial Operational Our journey reflects a balance of heritage and evolution. By combining deep market ₹4,070 crore 23% Retail Expansion understanding and enduring customer relationships with contemporary designs, Strengthened presence across Central India with new showrooms in Ratlam and engaging retail experiences, digital Total Revenue Dhar, taking the network to 12 showrooms. capabilities and customer-centric initiatives, we continue to strengthen our connection ₹310 crore with existing customers while welcoming Omni-channel Expansion new generations to the D. P. Abhushan Launched the official e-commerce platform Limited family. EBITDA to enhance customer reach, engagement and online-to-offline integration. Today, we are building on this legacy through expanding market reach, an evolving ₹212 crore 88% omnichannel presence and disciplined Demand Resilience growth. As we look ahead, our focus remains PAT Strengthened customer engagement on preserving the trust that has defined our and purchase conversion through gold journey while embracing new opportunities exchange programmes and DP Swarn Plus to grow alongside the aspirations of Y-o-Y Growth monthly accumulation schemes. every generation. 01-26 27-149 150-205 D.P. Abhushan Ltd. AAnnnnuuaall RReeppoorrtt 22002255--2266 Corporate Overview Statutory Reports Financial Statements ABOUT D. P. ABHUSHAN LIMITED Regional Market Expertise Strong understanding of regional customer preferences and Built on Trust. evolving aspirations enables the Company to curate relevant products and deliver a differentiated customer experience. Growing with Quality & Craftsmanship A consistent focus on purity, quality, craftsmanship and design the Times. reinforces the brand’s positioning and customer proposition. Customer-Centric Approach The Company goes beyond jewellery retail by understanding the emotional and cultural significance associated with D. P. Abhushan Limited is a fourth-generation jewellery purchases, building lasting customer relationships. jewellery retail brand with a legacy spanning 86 years, rooted in Ratlam, Madhya Pradesh. Growth with Strong Foundations Founded under the vision and leadership of A forward-looking strategy focused on market expansion, Shri Dhulchand Ji Kataria, the Company has digital adoption and enhanced customer experiences aims to take the trusted D. P. Jewellers brand to new markets while evolved from a single jewellery store into an preserving its legacy. established regional retailer with a growing Vision presence across Madhya Pradesh and Carry forward a legacy built on trust, purity, Key Strengths Rajasthan. and transparency, by creating jewellery that 86-Year Legacy & Fourth-Generation Heritage honours the values, emotions, and traditions Our journey has been built on the enduring of every generation. Built over four generations, D. P. Abhushan Limited has values of trust, purity and quality, enabling us evolved from a single store in Ratlam into an established to forge strong relationships with generations regional jewellery retailer with a growing presence across Madhya Pradesh and Rajasthan. of customers. Our diverse product portfolio Mission brings together heritage craftsmanship, Strong Brand Trust contemporary designs and occasion-led Ever since its inception, D. P. Abhushan Deep-rooted values of trust, purity and transparency collections, catering to evolving customer Limited has been devoted to offering have fostered enduring relationships with generations preferences across celebrations and jewellery of unmatched purity at honest and of customers. generations. transparent prices. Our mission is to uphold Distinctive Product Portfolio our legacy by refining our craftsmanship, design, quality, and customer experience with A diverse portfolio blends heritage craftsmanship, Building on our strong heritage, we are each passing year. contemporary designs and occasion-led collections, focused on taking our trusted brand catering to varied preferences, celebrations and generations. We strive to be more than just jewellers, and experience to new markets while preserving understand the emotions and significance the values and principles that have defined us behind every purchase. Staying true to across generations. our roots, we carry forward the promise of purity and the pride of a legacy that Key Facts spans generations. 86 12 53,650 sq. ft. Years of legacy Stores Total retail area ~₹7.58 lakhs ~₹1.27 lakhs ₹339 crore Average revenue per sq. ft. Average ticket size Average revenue per store 02 03 01-26 27-149 150-205 D.P. Abhushan Ltd. Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements OUR PORTFOLIO Curated Collections Jewellery for Our signature collections celebrate India’s rich jewellery heritage while embracing Every Expression contemporary tastes: Wedding Jewellery D. P. Abhushan Limited offers a diverse jewellery portfolio designed to complement every occasion, personal style and price point. Blending heritage-inspired craftsmanship with contemporary design, our collections reflect regional preferences and evolving customer aspirations. From everyday elegance to exquisite bridal Valentine Jewellery Flower Collection Traditional Jewellery jewellery, every piece is crafted with a focus on quality, artistry and timeless appeal. Product Category Mix (FY 26) Mewar Collection Idol Collection Lightweight & Trendy Jewellery 15% 60% Corporate & Wedding Other Gifting Product Categories Our portfolio spans a wide range of jewellery categories, including: Festive and Lightweight Chains Rings Armlets Gajras Bangles and Pendants Nose Rings Mangalsutras Jewellery Sets 04 05 01-26 27-149 150-205 D.P. Abhushan Ltd. AAnnnnuuaall RReeppoorrtt 22002255--2266 Corporate [Showing first 8,000 characters — download PDF for full document]