Avenue Supermarts, the operator of the DMart retail chain, has expanded its footprint significantly by adding 85 new stores in the fiscal year ending 31st March 2026, bringing the total number of stores to 500. This expansion highlights the company’s aggressive growth strategy and its commitment to increasing market presence across India.
The company continues to focus on a cluster-based expansion strategy, which has enabled it to penetrate deeper into various regions. The latest additions have been spread across multiple states, with Maharashtra leading the count at 128 stores, followed by Gujarat with 75 stores, and Karnataka with 50 stores. This strategic distribution aims to enhance accessibility and convenience for customers, aligning with Avenue Supermarts‘ goal to cater to key large towns and cities.
In addition to physical store expansions, Avenue Supermarts is also concentrating on its DMart Ready initiative, which focuses on key large towns. As of FY26, the company operates in 18 cities under this initiative, up from 1 city in FY17, reflecting its commitment to adapting to changing consumer preferences and the growing demand for online shopping.
The company’s product categories remain robust, with foods accounting for 57.90% of revenue in FY26, a slight increase from 57.73% in FY25. Non-foods (FMCG) and general merchandise & apparel categories also continue to contribute significantly to the revenue stream.
Avenue Supermarts’ expansion comes amid a competitive retail landscape in India, where the company seeks to maintain its edge through strategic location choices and a diverse product offering.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).