Avenue Supermarts Ltd
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]
- Market Cap ₹ 3,12,388 Cr.
- Current Price ₹ 4,801
- High / Low ₹ 4,890 / 3,352
- Stock P/E 120
- Book Value ₹ 275
- Dividend Yield 0.00 %
- ROCE 20.9 %
- ROE 16.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 27.0% CAGR over last 5 years
- Company's median sales growth is 32.7% of last 10 years
Cons
- Stock is trading at 17.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.3% over last 3 years.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,203 | 3,335 | 4,681 | 6,434 | 8,575 | 11,881 | 15,009 | 19,916 | 24,675 | 23,787 | 30,352 | 41,833 | 47,477 | |
2,068 | 3,124 | 4,346 | 5,983 | 7,918 | 10,917 | 13,672 | 18,274 | 22,553 | 22,044 | 27,849 | 38,172 | 43,535 | |
Operating Profit | 134 | 210 | 335 | 450 | 657 | 964 | 1,337 | 1,642 | 2,122 | 1,743 | 2,504 | 3,661 | 3,941 |
OPM % | 6% | 6% | 7% | 7% | 8% | 8% | 9% | 8% | 9% | 7% | 8% | 9% | 8% |
16 | 17 | 19 | 23 | 19 | 30 | 73 | 51 | 63 | 207 | 139 | 161 | 179 | |
Interest | 26 | 42 | 55 | 72 | 91 | 122 | 59 | 47 | 63 | 34 | 40 | 48 | 46 |
Depreciation | 37 | 46 | 56 | 81 | 97 | 126 | 155 | 199 | 340 | 371 | 421 | 543 | 596 |
Profit before tax | 87 | 139 | 242 | 321 | 488 | 747 | 1,196 | 1,448 | 1,783 | 1,545 | 2,182 | 3,231 | 3,477 |
Tax % | 32% | 33% | 34% | 34% | 35% | 35% | 34% | 35% | 24% | 25% | 26% | 21% | |
59 | 93 | 160 | 211 | 318 | 483 | 785 | 936 | 1,350 | 1,165 | 1,616 | 2,556 | 2,596 | |
EPS in Rs | 1.11 | 1.70 | 2.92 | 3.75 | 5.66 | 7.73 | 12.57 | 15.00 | 20.84 | 17.99 | 24.95 | 39.43 | 39.92 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 29% |
5 Years: | 23% |
3 Years: | 19% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 39% |
5 Years: | 27% |
3 Years: | 24% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 21% |
1 Year: | 39% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 534 | 544 | 547 | 562 | 562 | 624 | 624 | 624 | 648 | 648 | 648 | 648 | 651 |
Reserves | 146 | 242 | 404 | 631 | 950 | 3,213 | 4,019 | 4,970 | 10,488 | 11,658 | 13,276 | 15,854 | 17,275 |
381 | 525 | 624 | 888 | 1,177 | 1,481 | 439 | 695 | 280 | 296 | 416 | 439 | 463 | |
127 | 180 | 217 | 267 | 392 | 484 | 531 | 708 | 668 | 1,046 | 1,064 | 1,302 | 1,437 | |
Total Liabilities | 1,187 | 1,490 | 1,791 | 2,348 | 3,082 | 5,802 | 5,612 | 6,998 | 12,084 | 13,646 | 15,404 | 18,244 | 19,826 |
779 | 922 | 1,169 | 1,510 | 2,065 | 2,549 | 3,256 | 4,234 | 5,735 | 6,721 | 8,829 | 10,837 | 11,548 | |
CWIP | 74 | 107 | 78 | 92 | 82 | 153 | 147 | 377 | 362 | 1,006 | 1,073 | 829 | 1,019 |
Investments | 24 | 20 | 17 | 17 | 30 | 37 | 181 | 212 | 287 | 402 | 532 | 977 | 1,149 |
310 | 441 | 527 | 730 | 905 | 3,064 | 2,028 | 2,175 | 5,699 | 5,517 | 4,970 | 5,601 | 6,110 | |
Total Assets | 1,187 | 1,490 | 1,791 | 2,348 | 3,082 | 5,802 | 5,612 | 6,998 | 12,084 | 13,646 | 15,404 | 18,244 | 19,826 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
60 | 128 | 206 | 207 | 425 | 449 | 723 | 853 | 1,287 | 1,385 | 1,315 | 2,678 | |
-127 | -232 | -266 | -461 | -625 | -2,475 | 432 | -998 | -4,700 | -1,155 | -1,292 | -2,442 | |
95 | 118 | 53 | 238 | 196 | 2,024 | -1,122 | 201 | 3,384 | -140 | -121 | -132 | |
Net Cash Flow | 29 | 14 | -8 | -16 | -3 | -2 | 34 | 56 | -29 | 90 | -98 | 103 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 2 |
Inventory Days | 36 | 33 | 33 | 35 | 33 | 34 | 33 | 34 | 33 | 39 | 36 | 31 |
Days Payable | 12 | 12 | 12 | 9 | 10 | 10 | 9 | 10 | 8 | 10 | 7 | 7 |
Cash Conversion Cycle | 24 | 22 | 22 | 27 | 23 | 25 | 25 | 25 | 26 | 30 | 32 | 26 |
Working Capital Days | 20 | 19 | 9 | 14 | 11 | 9 | 16 | 17 | 23 | 24 | 25 | 22 |
ROCE % | 12% | 15% | 21% | 21% | 24% | 22% | 24% | 26% | 21% | 13% | 16% | 21% |
Documents
Announcements
- Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 19 Apr
- Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 16 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Compliance Certificate for the quarter ended 31st March, 2024
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Compliance Certificate As Per Regulation 7(3) Of SEBI (LODR) Regulations, 2015
10 Apr - Compliance Certificate as per Regulation 7(3) of SEBI (LODR) Regulations, 2015 for the financial year ended 31st March, 2024
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Compliance Certificate Under Regulation 40 (10) Of SEBI (LODR) Regulations, 2015
10 Apr - Compliance Certificate under Regulation 40 (10) of SEBI (LODR) Regulations, 2015 for the financial year ended 31st March, 2024
Annual reports
Concalls
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Oct 2023TranscriptNotesPPT
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Aug 2023TranscriptPPT
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Aug 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Oct 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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Jul 2021Transcript PPT
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Aug 2020Transcript PPT
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Jan 2020TranscriptNotesPPT
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Jun 2019Transcript PPT
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Jun 2018TranscriptNotesPPT
Store Network[1][2]
As of Dec,23 Co. operates 350 stores across 22 cities and one union territory with an 11.8 million square ft retail business area. AVL has its highest presence in Maharashtra with 103 stores and followed by Gujarat with 57 stores and Telangana with 36 stores.