Avenue Supermarts | Business Upturn

Avenue Supermarts reports 85 new store additions in FY26, reaching 500 total

Kinjal — Sat, 02 May 2026 12:12:57 +0000

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).

Avenue Supermarts reports Rs 17,205 crore revenue for Q4FY26 with 19% growth

Arunika Jain — Sat, 02 May 2026 12:00:49 +0000

Avenue Supermarts Ltd. (ASL), a leading food and grocery retailer in India, announced its financial results for the quarter and year ended 31st March 2026, showcasing robust growth in revenue and profit.

For the quarter ending March 31, 2026, Avenue Supermarts reported a standalone total revenue of ₹17,205 crore, marking a 19.0% year-on-year increase from ₹14,462 crore in the same period last year. The company’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for Q4FY26 stood at ₹1,231 crore, a 25.5% rise compared to ₹981 crore in the corresponding quarter of the previous year. The EBITDA margin improved to 7.2% from 6.8% in Q4FY25.

The company’s Profit After Tax (PAT) for Q4FY26 was ₹725 crore, up 16.9% from ₹620 crore in the previous year’s corresponding quarter, with a PAT margin of 4.2%, slightly down from 4.3% in Q4FY25. Basic Earnings Per Share (EPS) increased to ₹11.13 from ₹9.52 for Q4FY25.

On a yearly basis, Avenue Supermarts’ total revenue for FY26 was ₹66,968 crore, reflecting a 15.9% increase from ₹57,790 crore in FY25. The EBITDA for FY26 was ₹5,255 crore, up 15.7% from ₹4,543 crore in FY25, with an EBITDA margin of 7.8%, slightly lower than 7.9% in the previous year. The net profit for FY26 was ₹3,224 crore, a 10.1% increase from ₹2,927 crore in FY25, with a PAT margin of 4.8% compared to 5.1% in FY25. The basic EPS for FY26 stood at ₹49.54, up from ₹44.98 in FY25.

The consolidated revenue for Q4FY26 was ₹17,684 crore, up from ₹14,872 crore in the same period last year. The consolidated EBITDA for the quarter was ₹1,211 crore, up from ₹955 crore, with an EBITDA margin of 6.8% compared to 6.4% in Q4FY25. The consolidated net profit for the quarter was ₹656 crore, up from ₹551 crore, with a PAT margin of 3.7%.

For the full year, consolidated revenue was ₹68,821 crore, up from ₹59,358 crore in FY25. The consolidated EBITDA was ₹5,187 crore, up from ₹4,487 crore, with a margin of 7.5%. The consolidated net profit for FY26 was ₹2,970 crore, up from ₹2,707 crore, with a PAT margin of 4.3%.

Avenue Supermarts added 58 new stores in Q4FY26 and 85 stores throughout FY26, reaching a total of 500 stores. The company’s DMart Ready business is operational in 18 cities as of March 31, 2026.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts issues Rs 500 crore commercial paper with 6.60% interest

Kinjal — Fri, 10 Apr 2026 13:13:17 +0000

Avenue Supermarts has announced the issuance of commercial paper worth ₹500 crores. The commercial paper is slated for listing on BSE Limited, with a tenure of 80 days from the date of allotment on 10th April 2026 to its maturity on 29th June 2026.

The commercial paper offers an interest rate of 6.60%, with the payment scheduled upon maturity. The instrument is unsecured and has been assigned a credit rating of ICRA A1+, indicating a high degree of safety regarding timely payment of financial obligations.

No special rights, interests, or privileges are attached to this instrument. Additionally, there are no delays or defaults in the payment of interest or principal reported for a period exceeding three months from the due date.

The issuance does not include any comments or letters regarding payment or non-payment of interest or principal, nor any other matters concerning the security or the assets.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts reports Rs 17,204.50 crore revenue in Q4 FY26

Kinjal — Fri, 03 Apr 2026 11:24:51 +0000

Avenue Supermarts, the operator of the DMart retail chain, reported standalone revenue from operations of ₹17,204.50 crore for the quarter ending 31 March 2026. This marks a significant increase compared to the ₹14,462.39 crore recorded in the same quarter of the previous year.

The quarterly revenue figures for the past three years show a consistent upward trend. For the quarter ending 31 March 2024, Avenue Supermarts reported ₹12,393.46 crore, while the figure for the quarter ending 31 March 2023 was ₹10,337.12 crore. This growth trajectory highlights the company’s robust performance over the years.

As of 31 March 2026, Avenue Supermarts operated a total of 500 stores. This number includes one store located in Sanpada, Navi Mumbai, Maharashtra, which is currently closed for customers due to reconstruction efforts.

The reported standalone revenue for the quarter ending 31 March 2026 is subject to audit by the company’s statutory auditors. Further details can be accessed on the company’s official website under the Investor Relations section.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens 12 new stores, total count reaches 500

Kinjal — Tue, 31 Mar 2026 13:41:57 +0000

Avenue Supermarts has expanded its retail footprint by opening 12 new stores across various locations in India. The company announced that these new stores are located in Daund, Pune (Maharashtra); Tiruvottiyur, Chennai (Tamil Nadu); SGBL Square Mall, Cuttack (Odisha); Kanpur Road, Lucknow (Uttar Pradesh); Omaxe Connaught Place Mall, Greater Noida (Uttar Pradesh); IMT Faridabad (Haryana); Dattawadi, Pune (Maharashtra); Sarkanda, Bilaspur (Chhattisgarh); Zundal, Gandhinagar (Gujarat); Singarwa, Ahmedabad (Gujarat); Kachimet, Nagpur (Maharashtra); and Avadi, Chennai (Tamil Nadu).

With these additions, the total number of stores operated by Avenue Supermarts now stands at 500. The company continues to strengthen its presence across key regions in India, enhancing accessibility for its customers.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts redeems Rs 100 crore in commercial papers

Yash Agarwal — Mon, 30 Mar 2026 13:21:18 +0000

Avenue Supermarts has successfully redeemed commercial papers worth ₹100 crore, according to a recent announcement. The redemption was conducted in full, with the maturity proceeds duly paid to the holders of the commercial papers.

The company confirmed that the redemption was based on maturity, with no partial redemption involved. A total of 2,000 commercial papers were redeemed, with both the due date and the actual date for redemption being 30th March 2026. Following this redemption, there is no outstanding amount left.

The commercial papers, identified by the ISIN INE192R14311, were redeemed as per the guidelines issued by the Securities and Exchange Board of India (SEBI) and in accordance with the FAQs for Listing of Commercial Papers issued by BSE Limited.

This transaction marks a significant financial move for Avenue Supermarts, as it effectively manages its short-term debt obligations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens seven new stores, total count reaches 488

Kinjal — Mon, 30 Mar 2026 13:09:35 +0000

Avenue Supermarts has expanded its retail footprint by opening seven new stores across India, bringing its total store count to 488. The company announced the openings on 30th March 2026, highlighting its continued growth and presence in various regions.

The new stores have been launched in diverse locations, including Vavol in Gandhinagar, Gujarat; Raichur in Karnataka; Annathanapatti in Salem, Tamil Nadu; Ilavala in Mysore, Karnataka; Haveri in Karnataka; City Centre Mall in Rohini, Delhi; and Devpuri in Raipur, Chhattisgarh. This strategic expansion is part of Avenue Supermarts’ ongoing efforts to enhance its accessibility and service to customers across the country.

The addition of these seven stores signifies Avenue Supermarts’ commitment to increasing its market presence and catering to the growing demand for its products and services. Each new store is expected to offer a wide range of products, consistent with the company’s reputation for quality and value.

As Avenue Supermarts continues to grow, it remains focused on delivering exceptional customer experiences and maintaining its position as a leading player in the Indian retail sector. The company’s expansion strategy reflects its confidence in the Indian market and its dedication to meeting the needs of its diverse customer base.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens three new stores, total count reaches 481

Yash Agarwal — Sun, 29 Mar 2026 13:18:00 +0000

Avenue Supermarts has expanded its retail footprint by inaugurating three new stores across India. The new locations include Pipla in Nagpur, Maharashtra; AU Family Hub in Ghaziabad, Uttar Pradesh; and Vijay Nagar in Jabalpur, Madhya Pradesh. With these additions, the total number of Avenue Supermarts stores now stands at 481.

The company continues to strengthen its presence in key regions, aligning with its strategy to enhance accessibility and convenience for customers. The new store openings are part of Avenue Supermarts’ ongoing expansion efforts to cater to the growing demand for retail services across the country.

The strategic choice of locations reflects Avenue Supermarts’ commitment to tapping into emerging markets and urban centres, ensuring that a wider customer base can benefit from its diverse range of products and services.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens new store in Bengaluru, total reaches 478

Business Desk — Sat, 28 Mar 2026 15:31:39 +0000

Avenue Supermarts has expanded its retail footprint by opening a new store at Gopalan Arcade Mall in Bengaluru, Karnataka. This latest addition brings the total number of stores operated by the company to 478.

The new store opening is part of Avenue Supermarts‘ ongoing strategy to increase its presence across India. The company, known for its popular retail chain DMart, continues to strengthen its market position by enhancing accessibility for its customers.

Avenue Supermarts has been consistently expanding its network, aiming to cater to the growing demand for retail shopping in various regions. The addition of the Bengaluru store is expected to contribute positively to the company’s overall growth and revenue.

The company has been actively pursuing opportunities to open new stores in strategic locations, ensuring that it meets the needs of a diverse customer base. The Gopalan Arcade Mall location is anticipated to attract a significant number of shoppers, given its strategic position in a bustling area of Bengaluru.

With this new store, Avenue Supermarts reinforces its commitment to providing quality products at competitive prices, a hallmark that has contributed to its popularity among consumers.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens 5 new stores, takes total count to 477

Arunika Jain — Fri, 27 Mar 2026 13:32:47 +0000

Avenue Supermarts, the operator of the DMart retail chain, opened five new stores on 27 March 2026, expanding its footprint across multiple Indian states.

The new stores were inaugurated in Tirunelveli in Tamil Nadu, Padoli in Chandrapur (Maharashtra), Bareilly in Uttar Pradesh, Sumthana in Nagpur (Maharashtra), and Shahapur in Thane (Maharashtra). With these additions, the company’s total store count has reached 477.

The store opening announcement was communicated to the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) through a regulatory filing dated 27 March 2026. The notification was signed by Ashu Gupta, Company Secretary and Compliance Officer at Avenue Supermarts.

The expansion reflects the company’s ongoing strategy to enhance its retail presence across the country. DMart operates a network of convenience retail stores offering a range of fast-moving consumer goods and household products. The latest store additions demonstrate the company’s commitment to serving customers in tier-II and tier-III cities as well as suburban areas across India.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens two new stores, total count reaches 472

Business Desk — Thu, 26 Mar 2026 12:16:41 +0000

Avenue Supermarts has expanded its retail footprint by inaugurating two new stores in India. The new outlets are located in Cuddalore, Tamil Nadu, and Khasa, Amritsar, Punjab. With these additions, the company’s total store count has reached 472.

The latest store openings are part of Avenue Supermarts‘ ongoing strategy to enhance its presence across the country. The company continues to focus on reaching more customers by strategically positioning its stores in key locations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens new store in Sriperumbudur, total count reaches 470

Kinjal — Wed, 25 Mar 2026 12:20:39 +0000

Avenue Supermarts has expanded its retail footprint by opening a new store in Sriperumbudur, Kancheepuram, Tamil Nadu. This latest addition brings the company’s total number of stores to 470 as of today.

The new store opening is part of Avenue Supermarts‘ ongoing strategy to increase its presence across India, catering to the growing demand for retail services in various regions. The company, known for its popular retail chain DMart, continues to focus on providing a wide range of products at competitive prices, a strategy that has contributed to its steady growth and expansion.

This development marks another milestone for Avenue Supermarts as it continues to strengthen its market position in the Indian retail sector. With each new store, the company aims to enhance customer convenience and accessibility, further solidifying its reputation as a leading retail player.

The opening of the Sriperumbudur store aligns with Avenue Supermarts’ commitment to reaching more customers and offering them a comprehensive shopping experience. As the company continues to grow its store network, it remains focused on maintaining high standards of service and product availability.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts completes Rs 200 crore commercial paper redemption

Arunika Jain — Tue, 24 Mar 2026 13:42:08 +0000

Avenue Supermarts has successfully redeemed its commercial papers amounting to ₹200 crore, as confirmed in a recent announcement. The redemption was executed in full, with the maturity proceeds paid to the holders on the due date of 24th March 2026.

The commercial papers, identified by the ISIN INE192R14303, reached maturity, prompting the redemption. A total of 4,000 commercial papers were redeemed, leaving no outstanding amount. The transaction was completed on the scheduled maturity date, ensuring timely fulfilment of the company’s financial obligations.

This redemption marks a significant financial event for Avenue Supermarts, reflecting its commitment to maintaining robust financial management and meeting its debt obligations promptly.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens two new stores, total store count reaches 469

Arunika Jain — Tue, 24 Mar 2026 13:35:52 +0000

Avenue Supermarts has expanded its retail footprint with the opening of two new stores in India. The company inaugurated new outlets at Turkayamjal in Rangareddy, Telangana, and MVP Colony in Visakhapatnam, Andhra Pradesh, on 24th March 2026. With these additions, the total number of Avenue Supermarts stores now stands at 469.

The new store openings are part of Avenue Supermarts’ ongoing expansion strategy to increase its presence across the country. The company continues to focus on enhancing accessibility for its customers by strategically opening stores in key locations.

Avenue Supermarts, known for its D-Mart retail chain, has been steadily increasing its store count to cater to the growing demand for its products and services. The company’s ability to open new stores reflects its strong operational capabilities and commitment to growth.

The latest additions in Telangana and Andhra Pradesh are expected to boost the company’s market presence in these regions, providing customers with a convenient shopping experience.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens new store in Bhopal, total count reaches 467

Business Desk — Mon, 23 Mar 2026 12:56:32 +0000

Avenue Supermarts has expanded its retail footprint by opening a new store at Bling Square Mall in Bhopal, Madhya Pradesh. This latest addition brings the total number of Avenue Supermarts stores to 467 as of today.

The company, which operates under the brand name DMart, continues to strengthen its presence across India with strategic store openings. The new Bhopal location is expected to cater to the growing demand for quality retail services in the region, providing a wide range of products to local consumers.

Avenue Supermarts’ expansion strategy focuses on reaching more customers by establishing stores in key locations. The company aims to offer convenience and accessibility to its diverse customer base, ensuring that its stores are well-stocked with essential items and a variety of other goods.

The opening of the Bhopal store is part of Avenue Supermarts’ ongoing efforts to enhance its market position and increase its reach within the Indian retail sector. By continuously adding new locations, the company is poised to capture a larger share of the retail market, meeting the needs of consumers across different regions.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens two new stores in Jodhpur and Bengaluru, total reaches 466

Arunika Jain — Fri, 20 Mar 2026 12:17:54 +0000

Avenue Supermarts has expanded its retail footprint by opening two new stores in India. The new outlets are located in Sangariya, Jodhpur, Rajasthan, and Malleshwaram, Bengaluru, Karnataka, bringing the total number of stores to 466.

The company, known for its popular retail chain DMart, continues to strengthen its presence in key markets across the country. The addition of these stores aligns with Avenue Supermarts‘ strategy to enhance its reach and cater to a broader customer base.

The new store in Jodhpur is expected to serve the growing demand in Rajasthan, while the Bengaluru store aims to tap into the bustling market of Karnataka’s capital city. Both locations are strategically chosen to maximise customer convenience and accessibility.

Avenue Supermarts’ expansion comes amid a competitive retail landscape in India, where the company continues to maintain its position as a leading player. The consistent growth in its store count reflects its commitment to scaling operations and meeting consumer needs effectively.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens new store in Ambala, total count reaches 464

Kinjal — Thu, 19 Mar 2026 12:33:06 +0000

Avenue Supermarts has expanded its retail footprint by inaugurating a new store in Urban Village, Ambala, Haryana. With this addition, the total number of stores operated by the company now stands at 464.

The new store opening is part of Avenue Supermarts‘ ongoing strategy to widen its presence and enhance accessibility for customers across various regions. The company continues to focus on delivering value to its customers through its extensive network of stores.

This latest development underscores Avenue Supermarts’ commitment to growth and expansion in the Indian retail sector, catering to the increasing demand for quality retail services.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts authorises key personnel for material disclosures from April 2026

Business Desk — Sat, 14 Mar 2026 14:11:35 +0000

Avenue Supermarts has announced the authorisation of key managerial personnel to determine the materiality of events and make necessary disclosures to stock exchanges from 1st April 2026.

The company has designated Mr. Anshul Asawa, Managing Director and Chief Executive Officer, Mr. Ramakant Baheti, Whole-time Director and Group Chief Financial Officer, and Mrs. Ashu Gupta, Company Secretary and Compliance Officer, as the authorised personnel. These individuals will be responsible for assessing significant events and ensuring timely communication to the exchanges.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Avenue Supermarts opens two new stores, total count reaches 463

Business Desk — Thu, 12 Mar 2026 11:27:42 +0000

Avenue Supermarts has expanded its retail footprint by opening two new stores in India.

The new stores are located in Bavdhan, Pune, Maharashtra, and Chilakaluripeta, Palnadu, Andhra Pradesh. With these additions, the total number of Avenue Supermarts stores across the country has reached 463. This expansion is part of the company’s ongoing strategy to increase its presence and accessibility to customers in various regions.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

DMart Q4 FY25 Update: Revenue rises 16.7% YoY to Rs 14,462 crore, store count reaches 415

Aditya Bhagchandani — Thu, 03 Apr 2025 11:55:14 +0000

Avenue Supermarts Limited, the operator of the DMart retail chain, reported a solid financial performance for the quarter ended March 31, 2025 (Q4 FY25). The company posted a standalone revenue from operations of ₹14,462.39 crore, marking a robust 16.7% year-on-year growth compared to ₹12,393.46 crore in the same quarter last year.

This also marks a significant improvement from Q4 FY23 and Q4 FY22, when the company posted revenues of ₹10,337.12 crore and ₹8,606.09 crore, respectively. The growth underscores continued consumer traction and DMart’s strong operational footprint across India.

As of March 31, 2025, the total number of operational DMart stores stood at 415, indicating ongoing expansion momentum despite challenges in the retail environment.

The revenue figures disclosed are subject to audit by the company’s statutory auditors. Avenue Supermarts noted that detailed financial results will be shared after board approval in the coming weeks.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Nuvama cuts target price for DMart (Avenue Supermarts) stock by nearly Rs 1000 post Q3 results

Markets Desk — Mon, 13 Jan 2025 01:25:44 +0000

Nuvama has maintained a ‘HOLD’ rating on Avenue Supermarts (DMart) following its Q3FY25 earnings, citing pressure on margins amid rising competition and the company’s focus on market share over profitability. The brokerage has revised its target price downward to ₹4,212 from ₹5,040, reflecting a significant reduction in revenue and PAT estimates for FY25 and FY26 by 0.5%/11% and 2.1%/17.4%, respectively.

Strong revenue growth and store expansion

DMart reported a 17.5% YoY revenue growth and a 10.8% QoQ increase for Q3FY25, underpinned by a blended like-to-like (LFL) growth of 8.3%. Revenue per square foot stood at ₹39,035, up 3% YoY but still 2% below pre-COVID levels. Bills cut per store rose 3.4%, while the average bill size remained flat.

The company opened 10 new stores during the quarter, bringing the total count to 387. Over 9MFY25, DMart added 22 stores compared to 17 in the same period last year and is on track to meet its annual target of 45 new stores, aided by its pattern of higher Q4 store additions.

DMart Ready’s steady growth

DMart Ready, the company’s e-commerce arm, recorded a 21.5% growth in H1FY25, continuing its strong trajectory following a 32% full-year growth in FY24. Improved delivery execution has bolstered the segment, although higher discounts, particularly in the FMCG category, have weighed on profitability.

Margin pressures persist

Gross margins declined to 14.1%, missing estimates of 14.5% and dropping 10 basis points YoY and 40 basis points QoQ. The decline was attributed to customers favoring food over non-food products, driven by price competition in the food segment amid quick-commerce competition. Operating expenses rose due to service improvements and future investments, causing EBITDA margins to remain below pre-COVID levels at 7.9%, despite a 10.2% YoY growth in EBITDA to ₹10.3 billion.

Nuvama anticipates that DMart’s margin pressures will persist as management prioritizes market share growth. While the company’s robust store expansion strategy and revenue growth remain key positives, the challenges of maintaining profitability in a competitive environment weigh on its outlook.

Avenue Supermarts shares jump 13% after revenue increases 17.5% YoY in Q3

Aman Shukla — Fri, 03 Jan 2025 04:05:31 +0000

Avenue Supermarts (DMart) shares jumped 13% after the company reported a 17.5% increase in standalone revenue for the third quarter of FY24. The retail giant’s revenue from operations stood at Rs 15,565.23 crore for the quarter ended December 31, 2024, compared to Rs 13,247.33 crore during the same period last year.

The company, which operates 387 stores as of December 2024, attributed the growth to strong performance across its retail outlets. Revenue for the quarter is subject to a limited review by statutory auditors.

Avenue Supermarts’ stock opened at ₹3,840, with a high of ₹4,110 and a low of ₹3,820. Over the past 52 weeks, the stock reached a high of ₹5,484.85 and a low of ₹3,399.

As of 9:34 AM, Avenue Supermarts shares were trading 13.37% higher at Rs 4,093.95.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Avenue Supermarts reports revenue growth of 17.5% YoY to Rs 15,565 crore for Q3 FY2024-25

Matrika Shukla — Thu, 02 Jan 2025 11:36:56 +0000

Avenue Supermarts Limited, the operator of the DMart retail chain, has announced its standalone revenue from operations for the third quarter (October-December) of the financial year 2024-25. The company reported revenue of ₹15,565.23 crores for the quarter ended December 31, 2024, marking a notable year-on-year growth.

Revenue Growth Over Three Years

The company also shared a comparison of revenue figures for Q3 over the last three years, showcasing consistent growth:

Q3 FY2024-25: ₹15,565.23 crores
Q3 FY2023-24: ₹13,247.33 crores
Q3 FY2022-23: ₹11,304.58 crores
Q3 FY2021-22: ₹9,065.02 crores

This represents a compound annual growth rate (CAGR) of approximately 19% over the period.

As of December 31, 2024, DMart operates a total of 387 stores across India, reflecting the company’s steady expansion strategy.

The standalone revenue figure reported for Q3 FY2024-25 is provisional and subject to limited review by the company’s statutory auditors.

Further details are available on Avenue Supermarts’ official website under the Investor Relations section.

Avenue Supermarts’ market cap declines by Rs 6,675 crore – Know More

Aditya Bhagchandani — Thu, 21 Nov 2024 06:26:36 +0000

Avenue Supermarts Limited, operating as D-Mart, saw its shares dip by 2.73% to Rs 3,649.90, down from the previous close of Rs 3,752.45. This decline resulted in an approximate market cap loss of Rs 6,675 crore, bringing the company’s market capitalization to Rs 2,37,498.05 crore.

Key Trading Highlights:

Previous Close: Rs 3,752.45
Closing Price: Rs 3,649.90
Market Cap Loss: Rs 6,675 crore
Current Market Cap: Rs 2,37,498.05 crore

Price and Volume Details:

Opening Price: Rs 3,765.05
Intraday High: Rs 3,774.55
Intraday Low: Rs 3,631.60 (also a new 52-week low)
Volume Traded: 5.05 lakh shares
Turnover: Rs 184.82 crore

52-Week Performance:

52-Week High: Rs 5,484.85 (September 24, 2024)
52-Week Low: Rs 3,631.60 (November 21, 2024)

The retail giant’s decline reflects broader market challenges and pressures on consumer-focused companies in the current trading environment.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. The author or platform is not liable for any losses arising from the use of this information.

JPMorgan downgrades Avenue Supermarts post Q2 results, cuts target price by 13%

Markets Desk — Mon, 14 Oct 2024 02:13:14 +0000

JPMorgan has downgraded Avenue Supermarts (DMart) to a “Neutral” rating, cutting its target price by approximately 13% from ₹5,400 to ₹4,700. The downgrade comes after the company’s Q2 results fell below expectations, with revenue growth slowing to 14% year-on-year, down from 18% in Q1. The slowdown is attributed to a decline in like-for-like (LFL) growth, which moderated to 5.5% compared to 9.1% in the previous quarter.

JPMorgan highlighted a shift in the company’s narrative. Despite Avenue Supermarts’ management stating two months ago that the impact of Quick Commerce (QC) on growth would be marginal, the latest press release acknowledged the influence of online grocery formats, including DMart Ready, particularly in high-throughput metro stores.

The unexpected moderation in same-store sales growth (SSSG) has prompted JPMorgan to revise its revenue and SSSG forecasts for FY25-26E down by 4-6%. This revision has led to further cuts in margin and earnings estimates, with FY25/26E EBITDA projections reduced by 8% and 10%, respectively

Avenue Supermarts (D-Mart) stock in focus as EBITDA rises 10.3% YoY to ₹1,105 crore in Q2 results

Aditya Bhagchandani — Mon, 14 Oct 2024 01:53:32 +0000

Avenue Supermarts Ltd. (D-Mart) has reported its financial results for Q2 and H1 FY25, showing steady growth. Key highlights for Q2 FY25 include:

Standalone revenue increased by 14.2% year-over-year (YoY), reaching ₹14,050 crore.
EBITDA grew by 10.3% YoY, amounting to ₹1,105 crore.
PAT saw a 7.9% YoY growth, totaling ₹710 crore, with a basic EPS of ₹10.92.
6 new stores were added in Q2 FY25.

For H1 FY25, key figures are as follows:

Total revenue rose by 16.2% YoY to ₹27,762 crore.
PAT increased by 12.5% YoY, amounting to ₹1,523 crore, with an EPS of ₹23.41.
12 new stores were added in H1 FY25.

The company continues to maintain its “Everyday low cost – Everyday low price” strategy. CEO Neville Noronha highlighted a 7.4% revenue growth in older stores for H1 FY25 and a 21.8% growth in DMart Ready’s online grocery business. D-Mart now operates 377 stores across India with a total retail area of 15.8 million sq. ft.

Avenue Supermarts Share Price history

Day	Open	Close	Day’s change
Fri, Oct 11 2024	₹4,643.10	₹4,572.70	-0.76%
Thu, Oct 10 2024	₹4,664.80	₹4,607.50	-0.82%
Wed, Oct 9 2024	₹4,510.00	₹4,645.40	+4.03%
Tue, Oct 8 2024	₹4,544.15	₹4,465.45	-1.73%
Mon, Oct 7 2024	₹4,741.00	₹4,544.15	-4.08%
Fri, Oct 4 2024	₹4,875.00	₹4,737.55	-4.15%
Thu, Oct 3 2024	₹4,924.55	₹4,942.60	-0.24%
Tue, Oct 1 2024	₹5,095.00	₹4,954.35	-2.79%

Avenue Supermarts (DMart) stock declines over 3% – Check Details

Aditya Bhagchandani — Mon, 07 Oct 2024 06:21:05 +0000

Shares of Avenue Supermarts Ltd, operator of DMart, dropped over 3.6% today to trade at ₹4,566.95 following a mixed reaction from brokerages on its Q2FY25 business update. The company reported a 14% year-on-year rise in standalone revenues to ₹14,050 crore for the quarter ended September 2024. However, concerns were raised regarding the pace of growth.

Morgan Stanley maintained an ‘Overweight’ rating on Avenue Supermarts with a target price of ₹5,769, noting that the revenue growth was slower than anticipated but operational metrics showed improvement. The firm awaits further clarification from the management in the upcoming Q2 results.

Macquarie rated DMart as ‘Outperform’ with a target price of ₹5,600, pointing out that store additions and sales growth have slowed. They anticipate a sequential decline in gross margins due to changes in the product mix.

Goldman Sachs took a bearish stance, maintaining a ‘Sell’ rating with a target price of ₹4,050, highlighting a slowdown in growth, attributed to a rise in quick commerce and a decrease in Same Store Sales Growth (SSSG).

Citi also echoed a negative sentiment with a ‘Sell’ rating and a target price of ₹3,350, suggesting that throughput is being affected by an unfavorable product mix and store additions.

As of September 30, Avenue Supermarts operated 377 stores across the country, adding six new stores in the quarter. Analysts at Goldman Sachs pointed out potential risks in store expansions and growth estimates. The company aims to add 45 stores in FY25 within a medium-term target of 45-60 stores per year.

Block Trades: Avenue Supermarts, Ashok Leyland, Indus Towers, HDFC Bank, Axis Bank, Patanjali Foods see significant shares change hands today

News Desk — Fri, 04 Oct 2024 08:56:24 +0000

The National Stock Exchange (NSE) witnessed several significant block trades today, with major companies such as Avenue Supermarts, HDFC Bank, and Axis Bank seeing large quantities of shares change hands.

Below is a summary of the most notable trades:

Company Name	Value of Block Trade (₹ Crores)	Shares Traded	Price (₹)
Avenue Supermarts Ltd	99.17	2,06,930	4,792.25
HDFC Bank Ltd	80.24	4,76,919	1,682.50
HDFC Bank Ltd	80.95	4,80,465	1,684.90
Patanjali Foods Ltd	23.49	1,42,435	1,649.00
Axis Bank Ltd	205.40	17,34,849	1,183.95
Axis Bank Ltd	103.50	8,76,929	1,180.30
Ashok Leyland Ltd	35.67	15,30,068	228.21
FSN E-Commerce Ventures Ltd	19.52	10,14,526	192.45
Indus Towers Ltd	38.27	10,08,885	379.30
Havells India Ltd	117.57	5,98,325	1,964.95
Bajaj Auto Ltd	59.92	51,166	1,1710.00
ICRA Ltd	21.28	29,978	7,100.00
Max Healthcare Institute Ltd	62.14	6,64,442	935.25

Key Highlights:

Avenue Supermarts Ltd saw the highest value block trade today, with ₹99.17 crore worth of shares changing hands at a price of ₹4,792.25 per share. A total of 2,06,930 shares were traded in this transaction.
HDFC Bank Ltd was involved in two significant block trades. The first involved ₹80.24 crore for 4,76,919 shares traded at ₹1,682.50 per share, followed by another trade worth ₹80.95 crore for 4,80,465 shares at ₹1,684.90.
Axis Bank Ltd witnessed two large block trades, with the larger of the two worth ₹205.40 crore involving 17,34,849 shares traded at ₹1,183.95 per share. An additional ₹103.50 crore trade occurred for 8,76,929 shares at ₹1,180.30 per share.
Ashok Leyland Ltd and Indus Towers Ltd also saw considerable activity, with Ashok Leyland recording ₹35.67 crore in block trades for 15,30,068 shares at ₹228.21 per share, and Indus Towers trading ₹38.27 crore worth of shares.
Other notable trades included Havells India Ltd with ₹117.57 crore traded for 5,98,325 shares at ₹1,964.95, and Max Healthcare Institute Ltd, which saw ₹62.14 crore worth of shares traded at ₹935.25.

Block trades, usually executed by institutional investors, represent a large number of shares being traded outside of the open market, often at negotiated prices. These trades can indicate significant market activity and investor sentiment, impacting stock prices in the short term.

Disclaimer: The data provided is for informational purposes and should not be construed as investment advice.

Avenue Supermarts Q2 Report: Standalone revenue jumps 14%, net profit rises 17.5% YoY

Aditya Bhagchandani — Thu, 03 Oct 2024 19:38:35 +0000

Avenue Supermarts Ltd., the operator of D-Mart supermarkets, announced a 14% growth in standalone revenue from operations for Q2 FY25, reaching ₹14,050.32 crore. This marks an increase from ₹12,307.72 crore in the same quarter of the previous fiscal year. The company had reported revenue of ₹10,384.66 crore for the same period in FY23.

The company also reported revenue from operations amounting to ₹7,649.64 crore for the July–September quarter in FY22. Avenue Supermarts’ net profit grew by 17.5% in the first quarter of FY25, with revenue rising 18.6% during the period to ₹14,069 crore. The net profit for the quarter stood at ₹774 crore, up from ₹659 crore in the corresponding quarter last year.

As of September 30, Avenue Supermarts operates a total of 377 stores across India. During this quarter, the company opened six new stores.

Shares of Avenue Supermarts closed marginally lower by 0.24% at ₹4,942.60 on the NSE, compared to a 2.12% fall in

CLSA increases target price for D-Mart (Avenue Supermart) shares, expects stock to rally 13%

News Desk — Tue, 27 Aug 2024 02:37:31 +0000

Avenue Supermarts, the parent company of the popular retail chain D-Mart, has received an update from CLSA, a brokerage firm. CLSA has maintained its “Outperform” rating on Avenue Supermarts and has raised its target price to ₹5,650 from the previous ₹5,535 per share. With the current market price (CMP) at ₹4,968, CLSA expects a 13% upside for investors.

Sustainability and Social Metrics

In its annual report analysis, CLSA highlighted Avenue Supermarts’ focus on sustainability. The company is improving across various environmental and social metrics. Notably, Avenue Supermarts is enhancing its utilization of solar energy and pursuing green building certifications.Furthermore, the company has made strides in employee welfare by paying a greater proportion of its workers above the minimum wage compared to the previous fiscal year.

Outlook for Avenue Supermarts

CLSA remains positive about the outlook for Avenue Supermarts’ stock, citing its cost leadership in the Indian retail market. The company has demonstrated its ability to maintain low operating costs, allowing it to offer competitive prices to consumers.Avenue Supermarts operates on a model that prioritizes everyday low prices. With an addressable market exceeding $500 billion, of which less than 5% is organized, the potential for growth remains substantial.

CLSA’s upgraded target price and “Outperform” rating for Avenue Supermarts reflect the brokerage’s view on the company’s direction and efficiency. Avenue Supermarts is focused on sustainability, social responsibility, and cost leadership. Investors can look forward to the company’s growth and its commitment to delivering value to customers and shareholders.

Disclaimer: The information provided in this article regarding Avenue Supermarts and its stock performance is for informational purposes only and should not be considered as financial advice. The analysis and opinions expressed are based on data available at the time of writing and may not reflect the most current developments or market conditions.

Stocks To Watch Today: IGL, Avenue Supermarts, AMI Organics, DLF, Adani Enterprises

Markets Desk — Mon, 15 May 2023 01:36:11 +0000

The SGX Nifty signals a weak start for the Sensex, Nifty today. Cues from US markets remained mixed as Dow Jones, S&P 500 and Nasdaq ended in red on Friday. Markets in India recovered sharply on Friday, with the Nifty comfortably ending above the 18,300 mark.

Top stocks to watch today are IGL, Avenue Supermarts, AMI Organics, DLF, Adani Enterprises, besides others.

IGL: Shares of Indraprastha Gas Ltd (IGL) will be in focus today on the back of its Q4 numbers. The company reported a operational miss in the quarter, with margins coming in lower than the analyst and street expectations. The company’s revenue came in at Rs 3,685 crore against Rs 3,711 crore in the previous quarter. Margin came in at 12.6% against a CNBC-TV18 poll of 13.8%.

Avenue Supermarts (DMart): Avenue Supermarts reported a good set of Q4 numbers with its net profit coming in higher by 8% on a YoY basis at Rs 460 crore against Rs 426 crore in Q4FY22. The company’s revenue grew 20.6% to Rs 10,594 crore against Rs 8,786 crore in the same quarter last year.

Adani Enterprises: Shares of Adani Enterprises will be in focus today as the company’s board has approved a fund raise of Rs 12,500 crore via QIP.

Ami Organics, DLF, Max Financials will be a few other stocks in focus on the back of their Q4 numbers.