Avenue Supermarts Ltd

₹ 4,028 0.67%

11 Feb 9:09 a.m.

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]

Website BSE NSE

Market Cap ₹ 2,62,138 Cr.
Current Price ₹ 4,028
High / Low ₹ 4,950 / 3,337
Stock P/E 91.5
Book Value ₹ 352
Dividend Yield 0.00 %
ROCE 18.0 %
ROE 13.4 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company is almost debt free.
Company's median sales growth is 26.4% of last 10 years

Cons

Stock is trading at 11.4 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.

Peer comparison

Consumer Discretionary Consumer Services Retailing Diversified Retail

Part of BSE 500 BSE 100 BSE 200 BSE Dollex 200 Nifty Next 50 Nifty 500 Nifty 100 Nifty Services Sector Nifty India Consumption Nifty 200 Nifty Low Volatility 50 Nifty 100 Equal Weight BSE Allcap BSE Consumer Discretionary BSE SENSEX Next 50 BSE 100 ESG Index (INR) BSE 250 LargeMidCap Index BSE 100 LargeCap TMC Index Nifty100 ESG Sector Leaders Nifty LargeMidcap 250 Nifty 500 Multicap 50:25:25 Nifty100 ESG Nifty Total Market Nifty India New Age Consumption Nifty500 Equal Weight Nifty500 LargeMidSmall Equal-Cap Weighted

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	11,569	10,594	11,865	12,624	13,572	12,727	14,069	14,444	15,973	14,872	16,360	16,676	18,101
	10,604	9,823	10,830	11,619	12,453	11,783	12,848	13,351	14,755	13,917	15,061	15,463	16,638
Operating Profit	965	772	1,035	1,005	1,120	944	1,221	1,094	1,217	955	1,299	1,214	1,463
OPM %	8%	7%	9%	8%	8%	7%	9%	8%	8%	6%	8%	7%	8%
	32	33	39	37	33	38	42	34	24	25	19	20	17
Interest	17	16	15	16	15	13	16	16	18	19	29	35	37
Depreciation	168	164	162	174	189	205	193	208	228	241	232	253	268
Profit before tax	812	625	897	852	949	763	1,054	903	995	720	1,057	945	1,175
Tax %	27%	26%	27%	27%	27%	26%	27%	27%	27%	24%	27%	28%	27%
	590	460	659	623	690	563	774	659	724	551	773	685	856
EPS in Rs	9.10	7.10	10.12	9.58	10.61	8.66	11.89	10.14	11.12	8.47	11.88	10.53	13.15
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	4,686	6,439	8,584	11,898	15,033	20,005	24,870	24,143	30,976	42,840	50,789	59,358	66,009
	4,345	5,983	7,919	10,929	13,680	18,371	22,742	22,398	28,474	39,201	46,683	54,864	61,078
Operating Profit	341	456	664	969	1,353	1,633	2,128	1,745	2,502	3,639	4,106	4,495	4,931
OPM %	7%	7%	8%	8%	9%	8%	9%	7%	8%	8%	8%	8%	7%
	16	20	17	28	88	48	60	194	114	128	145	117	81
Interest	56	72	91	122	60	47	69	42	54	67	58	69	120
Depreciation	57	82	98	128	159	212	374	414	498	639	731	870	994
Profit before tax	245	323	492	747	1,222	1,422	1,745	1,483	2,064	3,060	3,461	3,673	3,898
Tax %	34%	34%	35%	36%	34%	37%	25%	26%	28%	22%	27%	26%
	161	212	320	479	806	902	1,301	1,099	1,492	2,378	2,536	2,707	2,864
EPS in Rs	2.95	3.77	5.70	7.67	12.92	14.46	20.09	16.97	23.04	36.69	38.97	41.61	44.03
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	25%
5 Years:	19%
3 Years:	24%
TTM:	15%

Compounded Profit Growth
10 Years:	29%
5 Years:	16%
3 Years:	22%
TTM:	5%

Stock Price CAGR
10 Years:	%
5 Years:	6%
3 Years:	5%
1 Year:	9%

Return on Equity
10 Years:	14%
5 Years:	13%
3 Years:	15%
Last Year:	13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	547	562	562	624	624	624	648	648	648	648	651	651	651
Reserves	409	638	959	3,218	4,045	4,963	10,432	11,536	13,030	15,430	18,047	20,777	22,239
	641	904	1,192	1,497	439	700	333	393	647	643	592	820	1,609
	211	251	389	480	540	718	663	1,079	1,146	1,383	1,882	2,065	2,415
Total Liabilities	1,808	2,355	3,102	5,819	5,648	7,006	12,076	13,655	15,471	18,105	21,172	24,313	26,914
	1,172	1,528	2,094	2,578	3,400	4,400	5,948	7,009	9,260	11,340	13,415	16,206	17,652
CWIP	89	98	82	153	147	377	364	1,020	1,129	829	935	1,099	1,525
Investments	16	15	29	26	68	17	15	3	6	202	107	3	3
	532	713	897	3,063	2,033	2,212	5,749	5,624	5,076	5,733	6,716	7,004	7,735
Total Assets	1,808	2,355	3,102	5,819	5,648	7,006	12,076	13,655	15,471	18,105	21,172	24,313	26,914

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	198	222	433	455	730	807	1,280	1,375	1,372	2,630	2,746	2,463
	-270	-474	-633	-2,482	464	-958	-4,657	-1,110	-1,289	-2,313	-2,468	-2,185
	65	234	196	2,025	-1,159	209	3,357	-180	-179	-205	-148	-259
Net Cash Flow	-7	-17	-3	-1	34	57	-19	86	-96	112	130	18

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	1	0	0	1	1	1	0	1	1	1	1	1
Inventory Days	35	36	34	34	34	35	34	40	38	33	33	36
Days Payable	11	8	10	9	9	10	8	10	8	8	8	8
Cash Conversion Cycle	24	28	24	26	25	26	26	30	31	26	26	30
Working Capital Days	20	22	6	4	16	11	22	23	23	20	25	23
ROCE %	21%	21%	24%	21%	24%	26%	20%	13%	16%	20%	19%	18%

Shareholding Pattern

Numbers in percentages

20 Recently

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	74.93%	74.64%	74.64%	74.64%	74.64%	74.64%	74.64%	74.64%	74.64%	74.65%	74.65%	74.65%
	8.17%	8.17%	7.67%	7.96%	8.26%	9.22%	9.95%	8.96%	8.18%	8.25%	8.73%	8.71%
	7.49%	7.66%	8.25%	8.45%	8.51%	7.95%	7.43%	8.07%	9.08%	9.22%	9.02%	8.83%
	0.03%	0.04%	0.04%	0.06%	0.06%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
	9.37%	9.49%	9.41%	8.87%	8.50%	8.09%	7.91%	8.24%	8.04%	7.79%	7.53%	7.75%
No. of Shareholders	8,35,850	8,13,245	8,15,562	7,40,037	6,84,326	6,19,843	5,90,252	7,09,582	6,71,850	6,18,996	5,85,510	5,99,296

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Dec 2025
	82.20%	82.20%	81.20%	74.99%	74.99%	74.99%	74.93%	74.64%	74.64%	74.65%
	4.32%	3.75%	5.91%	9.62%	10.17%	8.83%	8.17%	8.26%	8.18%	8.71%
	3.09%	3.51%	3.20%	6.56%	6.58%	6.77%	7.49%	8.51%	9.08%	8.83%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.06%	0.07%	0.07%
	10.39%	10.54%	9.68%	8.83%	8.26%	9.42%	9.37%	8.50%	8.04%	7.75%
No. of Shareholders	1,22,944	1,57,276	2,00,254	2,61,061	3,06,995	7,42,493	8,35,850	6,84,326	6,71,850	5,99,296

* 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.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

DRHP

Credit ratings

Concalls

Jan 2026

Transcript

AI Summary
PPT
Oct 2025

Transcript

AI Summary
PPT
Aug 2025
Transcript PPT
Jul 2025

Transcript

AI Summary
PPT
May 2025

Transcript

AI Summary
PPT
Jan 2025

Transcript

AI Summary
PPT
Oct 2024

Transcript

AI Summary
PPT
Aug 2024
Transcript
PPT
Jul 2024
Transcript
PPT
REC
Jul 2024

Transcript

AI Summary
PPT REC
May 2024

Transcript

AI Summary
PPT
Oct 2023

Transcript

AI Summary
PPT
Aug 2023
Transcript
PPT
Aug 2023
Transcript PPT
May 2023

Transcript

AI Summary
PPT
Oct 2022

Transcript

AI Summary
PPT
Aug 2022
Transcript PPT
Jul 2021
Transcript PPT
Aug 2020
Transcript PPT
Jan 2020

Transcript

AI Summary
PPT
Jun 2019
Transcript PPT
Jun 2018

Transcript

AI Summary
PPT