Avenue Supermarts Ltd, the parent company of DMart stores, is gearing up to release its financial results for the quarter and nine months ended December 31, 2024. The announcement will take place on Saturday, January 11, 2025, following a meeting of the company’s Board of Directors.
Q3 FY25 Earnings Expectations:
- Profit After Tax (PAT): Analysts estimate an 18% YoY growth in PAT, expected at ₹873 crore, compared to ₹736 crore in Q3 FY24.
- Revenue: Revenue from operations is projected to grow by 17.3% YoY to ₹15,571 crore, up from ₹13,247 crore in the same period last year.
- EBITDA: EBITDA is expected to rise by 17.3% YoY to ₹1,315 crore, with the margin slightly declining to 8.4% compared to 8.5% in Q3 FY24.
Key Drivers:
- Store Expansion: Revenue growth is attributed to store additions and higher discounts offered during the quarter.
- General Merchandise: Marginal improvement in the sale of general merchandise and apparel is expected due to better consumer sentiment.
- Margins: EBITDA margins might dip due to increased operating expenses, driven by aggressive store expansion and weaker gross margins.
Key Insights to Watch:
- Same-Store Sales Growth (SSSG) rate.
- Commentary on the impact of e-commerce and quick commerce on operations.
- Updates on expansion plans for FY25.
- Insights into general merchandise and apparel sales outlook.
Market Performance:
On Friday, Avenue Supermarts’ shares ended at ₹3,685.70 on the BSE, down 3.34% from the previous close. The stock reached an intra-day high of ₹3,842.20 and a low of ₹3,666.65 during trading hours.
