DMARTConsumer Services

Avenue Supermarts Limited

Diversified Retail · ISIN INE192R01011 · BSE 540376 · NSE EQ · FV ₹10
Last price
₹3,711
-0.24%today
What this company does

Avenue Supermarts Limited operates in Diversified Retail, part of the Consumer Services sector. It booked ₹18,795 cr of revenue in its latest quarter (Q1 FY27) and kept 4.6% of sales as profit. It is the largest of 9 Diversified Retail companies we track, by market value.

The Company is primarily engaged in the business of organised retail and operates supermarkets under A liability is current when: the brand name of “D-Mart”.
Their stated vision

To be the lowest priced retailer in the investigate, identify and make available area of operation / city / region.

Their stated mission

To be the lowest priced retailer in the investigate, identify and make available area of operation / city / region.

In the report:
55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 16–46 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns62

How much profit it earns on the money it employs

Balance sheet65

How much it owes, and whether earnings cover the interest

Cash quality37

Whether reported profit actually arrives as cash

Growth & consistency40

Whether sales and profit have grown, and how steadily

Valuation31

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 15% vs last year
Profit up 11% vs last year
Promoters hold 74%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 4.6% net margin

What if I invest in DMART?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹3,711 -0.24%
latest close · 2026-09-17
1-year return
-3.6%
52-wk low ₹3,18652-wk high ₹5,900
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio70.3High
LowAverageHigh
P/B ratio9.89High
Below bookModerateHigh
EV / EBITDA40.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.1%Fair
WeakFairStrong ▸15%
Return on capital19.2%Strong
WeakFairStrong
Net margin4.6%Thin
ThinDecentStrong
EBITDA margin8.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.10Comfortable
LowModerateHigh ▸1
Interest cover22.8×Strong
RiskyOkayStrong ▸5×
Current ratio1.98Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2.42 L cr
Book value
₹375
EPS
₹13.20
latest quarter
Net debt
₹2,141 cr
owes more than its cash
Enterprise value
₹2.44 L cr
EBITDA
₹6,100 cr
annualised
EBIT
₹4,950 cr
annualised
Operating margin
6.6%
Return on assets
11.7%
Earnings yield
1.42%
P/S
3.22
Sales / share
₹1,152.6
Tax rate
27.3%
Face value
₹10
Shares
65.2 cr
Working capital
₹3,696 cr
Current assets
₹7,478 cr
Current liabilities
₹3,782 cr
Delivery %
59.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹471₹667, midpoint ₹569

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹18,795 cr
Other Income₹26 cr
Total Income₹18,820 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹15,936 cr
Inventory Change (±)₹-110 cr
Employee Benefit Expense₹452 cr
Finance Costs₹54 cr
Depreciation & Amortisation₹288 cr
Other Expenses₹1,017 cr
Total Expenses₹17,637 cr
Profit before Tax₹1,183 cr
Tax Expense₹323 cr
Net Profit₹860 cr
Net margin on total income4.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹15,826 cr84.1%
Employee benefit expense₹452 cr2.4%
Finance costs₹54 cr0.3%
Depreciation & amortisation₹288 cr1.5%
Other expenses₹1,017 cr5.4%
Tax expense₹323 cr1.7%
Profit for the period₹860 cr4.6%
Total income ₹18,820 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue18,101 cr17,684 cr18,795 cr
Total income18,118 cr17,702 cr18,820 cr
Expenses16,943 cr16,798 cr17,637 cr
Profit before tax1,175 cr904 cr1,183 cr
Tax319 cr248 cr323 cr
Net profit (owners' share)856 cr657 cr861 cr
Net margin (owners' share, on revenue)4.7%3.7%4.6%
EPS (₹)13.1510.0913.20
YoY (latest quarter): total income +14.9% · net profit +11.3%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹29,524 cr
Shareholder equity
₹24,464 cr
parent shareholders
Total debt
₹2,425 cr
Cash
₹284 cr
Cash flow · H1 FY26
Operating
₹1,398 cr
Investing
₹-1,855 cr
Financing
₹107 cr
Peer comparison
Diversified Retail · by market value
CompanyPriceMarket capP/E
Avenue Supermarts Limitedthis company₹3,711₹2.42 L cr70.3
Vishal Mega Mart Limited₹101₹47,344 cr46.0
Electronics Mart India Limited₹185₹7,121 cr14.7
V-Mart Retail Limited₹790₹6,285 cr33.3
Shoppers Stop Limited₹413₹4,551 cr
Patel Retail Limited₹203₹677 cr17.8
Spencer's Retail Limited₹28₹254 cr
Future Enterprises Limited₹2₹97 cr
Future Lifestyle Fashions Limited₹1₹22 cr
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
74.5%
FII / Foreign
9.2%
DII / Domestic
8.7%
Retail / others
7.5%
Promoter stake down 0.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldMahesh Sitaram Pawar · Designated Person1,100 · ₹40.3 L11 Sep 26
SoldSudhakar Tiwari · Designated Person410 · ₹15.1 L11 Sep 26
SoldArvind Ayachit · Designated Person180 · ₹6.9 L3 Sep 26
Bulk / block deals
short · NSE29 Sep 26
short · NSE425 Aug 26
short · NSE1,37321 Aug 26
Stake changes
SoldMr. Radhakishan S. Damani, Mr. Gopikishan S. Damani, Mrs. Shrikantdevi R. Damani and Mrs. Kirandevi G. Damani alongwith PACs · promoter→ 74.99% · 1.48 cr17 Feb 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 19 Aug 2026
See the official result
1
To receive, consider and adopt the Audited financial statements (Standalone & Consolidated) of the Company for the financial year ended 31st March, 2026 together with Reports of the Board of Directors and Statutory Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
10.81 cr votes for, 1,131 against · 0% of mutual funds and other big investors said no
2
To re-appoint a Director in place of Mr. Bhaskaran N (DIN: 10808853), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 99% of shareholders other than promotersneeded 50%
10.70 cr votes for, 11.49 L against · 1% of mutual funds and other big investors said no
3
To re-appoint a Director in place of Mr. Elvin Machado (DIN: 07206710), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 99% of shareholders other than promotersneeded 50%
10.67 cr votes for, 14.79 L against · 1% of mutual funds and other big investors said no
4
To approve payment of Commission to Independent Directors of the Company, for a period of five years commencing from 1st April, 2027.
Backed by 100% of shareholders other than promotersneeded 50%
10.82 cr votes for, 7,013 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 53 named members
owning 74.5% between them · as of 2026-06-30
Radhakishan Shivkishan Damani22.97%
Bright Star Investments Private Limited13.61%
Gopikishan Shivkishan Damani5.59%
Gopikishan S. Damani And Radhakishan S. Damani (On behalf of Gulmohar Pvt Beneficiary Trust)4.75%
Gopikishan S. Damani And Radhakishan S. Damani (On behalf of Karnikar Pvt Beneficiary Trust)4.75%
Radhakishan S. Damani And Shrikantadevi Damani (On behalf of Bottle Palm Pvt Beneficiary Trust)4.75%
Radhakishan S. Damani And Shrikantadevi Damani (On behalf of Mountain Glory Pvt Beneficiary Trust)4.75%
Radhakishan S. Damani And Shrikantadevi Damani (On behalf of Royal Palm Pvt Beneficiary Trust)4.75%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.