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 ₹ 2,66,188 Cr.
- Current Price ₹ 4,081
- High / Low ₹ 4,950 / 3,529
- Stock P/E 87.0
- Book Value ₹ 375
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 13.0 %
- Face Value ₹ 10.0
Pros
- Company's median sales growth is 25.3% of last 10 years
Cons
- Stock is trading at 10.9 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 13.6% 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.
Peer comparison
Consumer Discretionary Consumer Services Retailing Diversified Retail
Part of BSE 500 BSE 100 BSE 200 BSE Dollex 200 Nifty Next 50
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,439 | 8,584 | 11,898 | 15,033 | 20,005 | 24,870 | 24,143 | 30,976 | 42,840 | 50,789 | 59,358 | 68,821 | 71,256 | |
| 5,983 | 7,919 | 10,929 | 13,680 | 18,371 | 22,742 | 22,398 | 28,474 | 39,201 | 46,683 | 54,864 | 63,634 | 65,869 | |
| Operating Profit | 456 | 664 | 969 | 1,353 | 1,633 | 2,128 | 1,745 | 2,502 | 3,639 | 4,106 | 4,495 | 5,187 | 5,387 |
| OPM % | 7% | 8% | 8% | 9% | 8% | 9% | 7% | 8% | 8% | 8% | 8% | 8% | 8% |
| 20 | 17 | 28 | 88 | 48 | 60 | 194 | 114 | 128 | 145 | 117 | 74 | 80 | |
| Interest | 72 | 91 | 122 | 60 | 47 | 69 | 42 | 54 | 67 | 58 | 69 | 142 | 167 |
| Depreciation | 82 | 98 | 128 | 159 | 212 | 374 | 414 | 498 | 639 | 731 | 870 | 1,037 | 1,093 |
| Profit before tax | 323 | 492 | 747 | 1,222 | 1,422 | 1,745 | 1,483 | 2,064 | 3,060 | 3,461 | 3,673 | 4,082 | 4,207 |
| Tax % | 34% | 35% | 36% | 34% | 37% | 25% | 26% | 28% | 22% | 27% | 26% | 27% | |
| 212 | 320 | 479 | 806 | 902 | 1,301 | 1,099 | 1,492 | 2,378 | 2,536 | 2,707 | 2,970 | 3,057 | |
| EPS in Rs | 3.77 | 5.70 | 7.67 | 12.92 | 14.46 | 20.09 | 16.97 | 23.04 | 36.69 | 38.97 | 41.61 | 45.56 | 46.94 |
| 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: | 25% |
| 5 Years: | 22% |
| 3 Years: | 8% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 2% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 14% |
| 3 Years: | 14% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 638 | 959 | 3,218 | 4,045 | 4,963 | 10,432 | 11,536 | 13,030 | 15,430 | 18,047 | 20,777 | 23,812 |
| 904 | 1,192 | 1,497 | 439 | 700 | 333 | 393 | 647 | 643 | 592 | 820 | 2,425 | |
| 251 | 389 | 480 | 540 | 718 | 663 | 1,079 | 1,146 | 1,383 | 1,882 | 2,065 | 2,635 | |
| Total Liabilities | 2,355 | 3,102 | 5,819 | 5,648 | 7,006 | 12,076 | 13,655 | 15,471 | 18,105 | 21,172 | 24,313 | 29,524 |
| 1,528 | 2,094 | 2,578 | 3,400 | 4,400 | 5,948 | 7,009 | 9,260 | 11,340 | 13,415 | 16,206 | 20,090 | |
| CWIP | 98 | 82 | 153 | 147 | 377 | 364 | 1,020 | 1,129 | 829 | 935 | 1,099 | 1,300 |
| Investments | 15 | 29 | 26 | 68 | 17 | 15 | 3 | 6 | 202 | 107 | 3 | 4 |
| 713 | 897 | 3,063 | 2,033 | 2,212 | 5,749 | 5,624 | 5,076 | 5,733 | 6,716 | 7,004 | 8,130 | |
| Total Assets | 2,355 | 3,102 | 5,819 | 5,648 | 7,006 | 12,076 | 13,655 | 15,471 | 18,105 | 21,172 | 24,313 | 29,524 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 222 | 433 | 455 | 730 | 807 | 1,280 | 1,375 | 1,372 | 2,630 | 2,746 | 2,463 | 3,467 | |
| -474 | -633 | -2,482 | 464 | -958 | -4,657 | -1,110 | -1,289 | -2,313 | -2,468 | -2,185 | -4,207 | |
| 234 | 196 | 2,025 | -1,159 | 209 | 3,357 | -180 | -179 | -205 | -148 | -259 | 288 | |
| Net Cash Flow | -17 | -3 | -1 | 34 | 57 | -19 | 86 | -96 | 112 | 130 | 18 | -452 |
| Free Cash Flow | -255 | 435 | -180 | -179 | -602 | -426 | -652 | -1,017 | 424 | 24 | -954 | -646 |
| CFO/OP | 71% | 90% | 74% | 84% | 80% | 83% | 94% | 77% | 92% | 85% | 76% | 87% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Inventory Days | 36 | 34 | 34 | 34 | 35 | 34 | 40 | 38 | 33 | 33 | 36 | 37 |
| Days Payable | 8 | 10 | 9 | 9 | 10 | 8 | 10 | 8 | 8 | 8 | 8 | 8 |
| Cash Conversion Cycle | 28 | 24 | 26 | 25 | 26 | 26 | 30 | 31 | 26 | 26 | 30 | 29 |
| Working Capital Days | 22 | 6 | 4 | 16 | 11 | 22 | 23 | 23 | 20 | 25 | 23 | 18 |
| ROCE % | 21% | 24% | 21% | 24% | 26% | 20% | 13% | 16% | 20% | 19% | 18% | 17% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Like-for-Like Growth % ・Standalone data |
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| Number of Stores count ・Standalone data |
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| Retail Business Area mn sq ft ・Standalone data |
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| Revenue from Sales per Retail Business Area sq ft INR per sq ft ・Standalone data |
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| Store Additions count ・Standalone data |
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| Total Bill Cuts crores ・Standalone data |
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| Food Share of Revenue % ・Standalone data |
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| DMart Ready Cities count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Raising of Funds
42m - Board approved private placement of NCDs up to Rs. 1,000 crore on 11 July 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
1h - Bhaskaran N reappointed COO until 31 May 2028; Lalit Ahuja appointed COO from 13 July 2026.
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Announcement under Regulation 30 (LODR)-Investor Presentation
1h - Investor Presentation for the quarter ended 30th June, 2026
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2h - Q1FY27 revenue rose 15.1% to Rs18,343 crore; PAT up 12.8% to Rs936 crore; 3 stores added.
- Financial Results For The Quarter Ended 30Th June, 2026 2h
Annual reports
Concalls
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Jul 2026TranscriptAI SummaryPPT
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Jul 2021Transcript PPT
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Aug 2020Transcript PPT
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Jan 2020TranscriptAI SummaryPPT
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Jun 2019Transcript PPT
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Jun 2018TranscriptAI SummaryPPT
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]