Avenue Supermarts Ltd

Avenue Supermarts Ltd

₹ 4,144 -2.17%
20 May - close price
About

Avenue Supermarts Limited (DMart) is a national supermarket chain, with a focus on value-retailing. We offer a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise
& Apparel product categories.[1]

Key Points

Business Overview
The company operates the DMart retail chain, first launched in Mumbai in 2002. It follows the "Everyday Low Cost - Everyday Low Price" strategy, focusing on competitive procurement, operational efficiency, and cost-effective distribution to offer value-for-money pricing to customers.[1] [2]

  • Market Cap 2,70,270 Cr.
  • Current Price 4,144
  • High / Low 4,950 / 3,529
  • Stock P/E 83.8
  • Book Value 391
  • Dividend Yield 0.00 %
  • ROCE 17.5 %
  • ROE 13.5 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company's median sales growth is 25.1% of last 10 years

Cons

  • Stock is trading at 10.6 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
10,337 11,584 12,308 13,247 12,393 13,712 14,050 15,565 14,462 15,932 16,219 17,613 17,204
9,555 10,548 11,306 12,126 11,453 12,491 12,945 14,330 13,481 14,619 14,989 16,132 15,973
Operating Profit 782 1,036 1,002 1,121 940 1,221 1,105 1,235 981 1,313 1,230 1,481 1,231
OPM % 8% 9% 8% 8% 8% 9% 8% 8% 7% 8% 8% 8% 7%
42 47 46 44 52 52 46 36 39 34 33 30 31
Interest 13 11 12 11 11 13 13 15 16 27 32 34 38
Depreciation 142 141 151 163 178 171 185 204 216 210 228 241 256
Profit before tax 670 932 885 991 804 1,089 953 1,053 789 1,111 1,003 1,236 968
Tax % 25% 25% 26% 26% 25% 25% 25% 25% 21% 25% 26% 25% 25%
505 695 659 737 604 812 710 785 620 830 747 923 725
EPS in Rs 7.79 10.69 10.12 11.32 9.28 12.49 10.92 12.06 9.52 12.75 11.47 14.18 11.11
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
6,434 8,575 11,881 15,009 19,916 24,675 23,787 30,352 41,833 49,533 57,790 66,968
5,983 7,918 10,917 13,672 18,274 22,553 22,044 27,849 38,172 45,432 53,246 61,713
Operating Profit 450 657 964 1,337 1,642 2,122 1,743 2,504 3,661 4,101 4,544 5,255
OPM % 7% 8% 8% 9% 8% 9% 7% 8% 9% 8% 8% 8%
23 19 30 73 51 63 207 139 161 187 173 128
Interest 72 91 122 59 47 63 34 40 48 44 58 130
Depreciation 81 97 126 155 199 340 371 421 543 633 776 935
Profit before tax 321 488 747 1,196 1,448 1,783 1,545 2,182 3,231 3,611 3,883 4,318
Tax % 34% 35% 35% 34% 35% 24% 25% 26% 21% 25% 25% 25%
211 318 483 785 936 1,350 1,165 1,616 2,556 2,695 2,927 3,224
EPS in Rs 3.75 5.66 7.73 12.57 15.00 20.84 17.99 24.95 39.43 41.41 44.98 49.45
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 23%
5 Years: 23%
3 Years: 17%
TTM: 16%
Compounded Profit Growth
10 Years: 26%
5 Years: 23%
3 Years: 8%
TTM: 11%
Stock Price CAGR
10 Years: %
5 Years: 6%
3 Years: 7%
1 Year: 1%
Return on Equity
10 Years: 14%
5 Years: 14%
3 Years: 14%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 562 562 624 624 624 648 648 648 648 651 651 652
Reserves 631 950 3,213 4,019 4,970 10,488 11,658 13,276 15,854 18,630 21,579 24,868
888 1,177 1,481 439 695 280 296 416 439 464 693 2,267
267 392 484 531 708 668 1,046 1,064 1,302 1,822 1,969 2,518
Total Liabilities 2,348 3,082 5,802 5,612 6,998 12,084 13,646 15,404 18,244 21,566 24,891 30,304
1,510 2,065 2,549 3,256 4,234 5,735 6,721 8,829 10,837 13,009 15,793 19,619
CWIP 92 82 153 147 377 362 1,006 1,073 829 930 1,091 1,284
Investments 17 30 37 181 212 287 402 532 977 1,071 1,255 1,607
730 905 3,064 2,028 2,175 5,699 5,517 4,970 5,601 6,556 6,753 7,794
Total Assets 2,348 3,082 5,802 5,612 6,998 12,084 13,646 15,404 18,244 21,566 24,891 30,304

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
207 425 449 723 853 1,287 1,385 1,315 2,678 2,743 2,597 3,612
-461 -625 -2,475 432 -998 -4,700 -1,155 -1,292 -2,442 -2,584 -2,322 -4,425
238 196 2,024 -1,122 201 3,384 -140 -121 -132 -87 -204 350
Net Cash Flow -16 -3 -2 34 56 -29 90 -98 103 72 71 -462
Free Cash Flow -257 427 -184 -167 -516 -390 -582 -967 549 58 -748 -413
CFO/OP 68% 89% 73% 84% 82% 83% 94% 75% 92% 85% 78% 89%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0 0 1 1 1 1 1 3 2 3 2 2
Inventory Days 35 33 34 33 34 33 39 36 31 32 35 36
Days Payable 9 10 10 9 10 8 10 7 7 8 7 8
Cash Conversion Cycle 27 23 25 25 25 26 30 32 26 27 30 30
Working Capital Days 12 7 5 16 11 22 22 24 21 26 24 18
ROCE % 21% 24% 22% 24% 26% 21% 13% 16% 21% 20% 18% 18%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Like For Like (LFL) Growth (>24 Months)
Percentage

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Number of Stores
Number
Retail Business Area
Million Square Feet
Revenue from Sales per Retail Business Area sq ft
INR
Total Bill Cuts
Crores
Fixed Assets Turnover
Times
DMart Ready Cities Coverage
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

36 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
74.64% 74.64% 74.64% 74.64% 74.64% 74.64% 74.64% 74.64% 74.65% 74.65% 74.65% 74.51%
8.17% 7.67% 7.96% 8.26% 9.22% 9.95% 8.96% 8.18% 8.25% 8.73% 8.71% 9.00%
7.66% 8.25% 8.45% 8.51% 7.95% 7.43% 8.07% 9.08% 9.22% 9.02% 8.83% 8.77%
0.04% 0.04% 0.06% 0.06% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
9.49% 9.41% 8.87% 8.50% 8.09% 7.91% 8.24% 8.04% 7.79% 7.53% 7.75% 7.64%
No. of Shareholders 8,13,2458,15,5627,40,0376,84,3266,19,8435,90,2527,09,5826,71,8506,18,9965,85,5105,99,2965,73,764

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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