Arvika Ligeonniere enjoyed little more than a stroll to win the John Durkan Memorial Chase after stablemate Sir Des Champs fell at the third fence.
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The Grade One contest had already been hit hard when Flemenstar was taken out 24 hours before the contest and was weakened further by the early loss of last season's Cheltenham Gold Cup runner-up Sir Des Champs.
Happily, Davy Russell and his mount were both quickly on their feet, but Arvika Ligeonniere was left with only outsider Rubi Light to beat.
To his credit, the runner-up gave it his best shot, but Ruby Walsh always had the upper hand aboard the 4/7 favourite, who jumped boldly at times and stretched away between the final two fences, ultimately scoring with ease by nine lengths.
"I'm glad Davy's up and the horse, and that's unlike him, but it is a chase and they're there to be jumped," Walsh told At The Races.
"I don't which way we'll be going now, but I think he's got lots of pace and I'd be going back [in trip] rather than further out.
"I'd imagine he might go back, but Willie [Mullins, trainer] might have different ideas."
Arvika Ligeonniere's owner Rich Ricci added: "He jumped really well, he has really come on from his novice season.
"It's a shame was happened to Sir Des Champs but he's up and around which is good and it's a pity Flemenstar wasn't here for Punchestown.
"Our lad was good today and I'm not sure if anything would have beaten him.
"When he attacks his fences he is beautiful to watch. It's a lovely thing to see.
"I'm not sure what we will do now, but he seems a different horse this season to me.
"We talked about dropping him back in trip just after the race. There's the Dial-A-Bet Chase (Leopardstown, December 27) and a two-five race at Ascot (Betfair Ascot Chase, February 15) coming up.
"He's more exciting to watch over the shorter distances."
Mullins' son and assistant, Patrick, was happy to give a positive bulletin on Sir Des Champs, saying: "He seems fine. He walked away, it was just one of those things.
"At least it's a long way from March and hopefully he'll be okay in the morning. All being well he'll go for the Lexus at Leopardstown.
Davy Russell was stood down for the remainder of the day by the racecourse doctor after his fall.