Avenue Supermarts share price
NSE: DMARTBSE: 540376RetailingLarge Cap
Avenue Supermarts Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Mar 2017 · Issue price ₹299
Last close ₹3,200.00up ₹50.00 (1.59%)BSE ₹3,200.00
Share price at the NSE close on 27 Oct 2026. Previous close ₹3,150.00.
27 Oct: open ₹3,155.00, high ₹3,200.00, low ₹3,131.00
52-week range of traded prices to 27 Oct 2026
₹3,102.30Low, 23 Oct 2026₹4,644.00High, 17 Apr 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,08,719 Cr33rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 66.97
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 8.00
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 12.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 14.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.16
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 6,61,68353.3% delivered
About Avenue Supermarts
Avenue Supermarts Limited runs DMart, a national supermarket chain in India that focuses on value retailing.1 Its stores sell everyday-use items in foods, non-foods (FMCG, fast-moving consumer goods such as soaps and detergents) and general merchandise and apparel.12 It works on an Everyday Low Cost/Everyday Low Price model: it keeps buying and operating costs low so that prices stay low every day rather than through special promotions.3
Its stores are in 15 states, 1 union territory and the National Capital Region, and it expands cluster by cluster, adding stores where it is already present before entering new regions.4 The company describes value retail as more supply chain than retail: it buys in bulk and moves goods through its own large distribution centres instead of having vendors deliver small lots to each store.56 Its subsidiary Avenue E-Commerce Limited runs DMart Ready, which takes grocery and household orders through a mobile app and website.7 Other subsidiaries pack and sell grocery products, spices and dry fruits (Align Retail Trades Private Limited), run food outlets at DMart stores (Avenue Food Plaza Private Limited) and run pharmacy stores (Reflect Healthcare and Retail Private Limited).8
DMart was conceived by Radhakishan Damani, a value investor (one who buys shares he judges to be priced below their worth), as a grocery retail chain aimed at the value segment, and its first store opened in Mumbai, Maharashtra, in 2002.910 It was incorporated in 2000.11 Promoters held 74.51% of the company's shares at 31 March 2026.12
Avenue Supermarts key points
Results
- Consolidated revenue from operations was ₹68,820.74 crore in the year to Mar 2026, up 15.94% from ₹59,358.05 crore a year earlier.13
- Consolidated EBITDA (profit before tax, with depreciation and finance costs added back and other income taken out) was ₹5,187 crore in the year to Mar 2026, up 15.6% from ₹4,487 crore.1415
- Consolidated profit after tax was ₹2,970 crore in the year to Mar 2026, against ₹2,707 crore a year earlier, which included a one-off tax gain the company says makes it not comparable; without the gain it was ₹2,671 crore.1615
- The board recommended no dividend for the year to Mar 2026, to keep funds for expanding the business.17
Revenue mix
- Share of standalone turnover by category18
Item year to Mar 2026 Foods 57.90% General merchandise and apparel 22.28% Non-foods (FMCG) 19.82%
Branches and reach
- DMart had 500 stores at the end of March 2026, after adding 85 stores in the year to Mar 2026, and 503 stores at the end of June 2026.1920
- DMart stores in the largest states, end of March 202621
Item Mar 2026 Maharashtra 128 Gujarat 75 Karnataka 50 Telangana 48 Andhra Pradesh 47 Tamil Nadu 35 - At 31 March 2026 the company had 84 distribution centres and 12 packing centres serving its stores.21
- On its earnings call of 28 Jul 2026, the company said its approach has always been to buy land and build its stores, that it has 68 leased stores, and that it is open to long-term leases that meet its requirements.22
Store productivity
- DMart's retail business area (the selling floor area of its stores) was 20.58 million square feet at the end of March 2026.23
- DMart's stores issued 39.8 crore bills in the year to Mar 2026, against 35.3 crore a year earlier.24
- On a standalone basis, DMart's annualised revenue from sales per square foot of retail business area was ₹33,422 in the year to Mar 2026, against ₹33,896 a year earlier.2425
- DMart's like-for-like growth (growth in sales at stores open at least 24 months) was about 8.1% in the year to Mar 2026.2625
DMart Ready and subsidiaries
- Sales of key subsidiaries27
Item year to Mar 2026 year to Mar 2025 Avenue E-Commerce Limited ₹4,094 crore ₹3,502 crore Align Retail Trades Private Limited ₹3,871 crore ₹3,322 crore Avenue Food Plaza Private Limited ₹307 crore ₹226 crore - Avenue E-Commerce Limited made a loss of ₹307 crore in the year to Mar 2026, against a loss of ₹247 crore a year earlier.28
- On its earnings call of 28 Jul 2026, the company said it is focusing DMart Ready on 11 cities, where most of its online business comes from, and aims to prove a 6-hour delivery model there before taking it further.2930
What the company expects
- On its earnings call of 28 Jul 2026, the company said its internal benchmark is to add stores equal to around 15% of its store base each year, a few percentage points higher or lower in some years.31
- On its earnings call of 28 Jul 2026, the company said a gross margin (sales less the cost of goods sold) of about 15% and a net margin (profit after tax as a share of sales) of around 5% should be its aim.32
Recent events
- On 9 Oct 2026, ICRA, a credit rating agency, reaffirmed its A1+ rating on the company's commercial paper (short-term debt sold to investors) and assigned it to the limit raised to ₹1,500 crore from ₹1,300 crore.33
- On 31 Aug 2026, Crisil, a credit rating agency, assigned a rating of AAA with a stable outlook (a view that the rating is unlikely to change soon) to ₹1,000 crore of the company's non-convertible debentures (bonds that cannot be turned into shares).34
- On 8 Jun 2026, the company invested ₹1,49,99,98,500 in new shares of Avenue E-Commerce Limited, taking its holding to 99.79% from 99.77%.3536
- Anshul Asawa became chief executive on 1 Feb 2026 and managing director on 1 Apr 2026, after Ignatius Navil Noronha completed his term as managing director and chief executive on 31 Jan 2026.37
Litigation and regulatory matters
- On 24 Jul 2026, the company disclosed penalties of ₹50 lakh from NOIDA and ₹12.14 lakh from the Pune Metropolitan Region Development Authority for non-compliance in construction at project sites; it said operations are not materially affected.3839
- On 25 Aug 2026, the Greater Bengaluru Authority imposed a penalty of ₹28.28 lakh for non-compliance in construction at a project site; the company said operations are not materially affected.40
- At the end of March 2026, 93 consumer cases were pending against the company, 57 of them over charging customers for carry bags.41
Last updated
All 41 sources, each with its page
- 1. Annual report, 23 Jul 2026, page 43
- 2. Annual report, 23 Jul 2026, page 11
- 3. Annual report, 23 Jul 2026, page 92
- 4. Annual report, 23 Jul 2026, page 9
- 5. Annual report, 23 Jul 2026, page 19
- 6. Annual report, 23 Jul 2026, page 20
- 7. Annual report, 23 Jul 2026, page 46
- 8. Annual report, 23 Jul 2026, page 46
- 9. Annual report, 23 Jul 2026, page 5
- 10. Annual report, 23 Jul 2026, page 43
- 11. Annual report, 23 Jul 2026, page 87
- 12. Annual report, 23 Jul 2026, page 79
- 13. Annual report, 23 Jul 2026, page 43
- 14. Investor presentation, 24 Jul 2026, page 14
- 15. Investor presentation, 24 Jul 2026, page 12
- 16. Investor presentation, 24 Jul 2026, page 14
- 17. Annual report, 23 Jul 2026, page 46
- 18. Annual report, 23 Jul 2026, page 87
- 19. Investor presentation, 24 Jul 2026, page 7
- 20. Annual report, 23 Jul 2026, page 9
- 21. Annual report, 23 Jul 2026, page 43
- 22. Earnings call, 28 Jul 2026, page 7
- 23. Annual report, 23 Jul 2026, page 3
- 24. Annual report, 23 Jul 2026, page 43
- 25. Investor presentation, 24 Jul 2026, page 11
- 26. Earnings call, 28 Jul 2026, page 5
- 27. Investor presentation, 24 Jul 2026, page 15
- 28. Investor presentation, 24 Jul 2026, page 15
- 29. Earnings call, 28 Jul 2026, page 4
- 30. Earnings call, 28 Jul 2026, page 37
- 31. Earnings call, 28 Jul 2026, page 4
- 32. Earnings call, 28 Jul 2026, page 19
- 33. Exchange filing, 9 Oct 2026, page 1
- 34. Exchange filing, 31 Aug 2026, page 1
- 35. Exchange filing, 8 Jun 2026, page 1
- 36. Exchange filing, 8 Jun 2026, page 2
- 37. Annual report, 23 Jul 2026, page 47
- 38. Exchange filing, 24 Jul 2026, page 1
- 39. Exchange filing, 24 Jul 2026, page 1
- 40. Exchange filing, 26 Aug 2026, page 1
- 41. Annual report, 23 Jul 2026, page 119
Results
Consolidated; ₹ crore.Avenue Supermarts quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +16.2%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +14.1%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹19,644 Crup 4.52%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹743 Crdown 13.65%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 3.8%
Revenue by quarter
Peak revenue ₹19,644 Cr, quarter to Sep 2026; lowest ₹14,872 Cr, quarter to Mar 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,973 | 14,872 | 16,360 | 16,676 | 18,101 | 17,684 | 18,795 | 19,644 |
| Net profit | 724 | 551 | 773 | 685 | 856 | 656 | 860 | 743 |
| Net margin | 4.5% | 3.7% | 4.7% | 4.1% | 4.7% | 3.7% | 4.6% | 3.8% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹68,821 Crup 15.94%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,970 Crup 9.69%
- Net margin
- 4.3%
Revenue by year
Peak revenue ₹68,821 Cr, year to Mar 2026; lowest ₹11,898 Cr, year to Mar 2017
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11,898 | 15,033 | 20,005 | 24,870 | 24,143 | 30,976 | 42,840 | 50,789 | 59,358 | 68,821 |
| Net profit | 479 | 806 | 902 | 1,301 | 1,099 | 1,492 | 2,378 | 2,536 | 2,707 | 2,970 |
| Net margin | 4.0% | 5.4% | 4.5% | 5.2% | 4.6% | 4.8% | 5.6% | 5.0% | 4.6% | 4.3% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Retail, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Avenue Supermarts PE ratio and valuation
Price to earnings
At or below today's level on 0.2% of 2,166 trading days since Jan 2018.
LowestHighest
Its median108.70Industry median24.30
Price to book
At or below today's level on 0.2% of 1,851 trading days since May 2019.
LowestHighest
Its median15.32Industry median3.26
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −3.1% | +9.7% | −11.7% | 0.0% |
| 3 years | +5.2% | +7.5% | −2.2% | 0.0% |
| 5 years | +6.7% | +21.9% | −12.4% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
225 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 100 of the 133 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.All 225 funds holding Avenue Supermarts
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 13
- AddedAdded. Funds that held more shares than at the end of the month before.
- 86
- CutCut. Funds that held fewer shares than at the end of the month before.
- 47
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 73
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 4
| Fund | |||
|---|---|---|---|
 SBI Aggressive Hybrid FundSBI Mutual Fund | 54,34,388 | 2.40% | ₹2,065.8 Cr |
 ICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund | 36,04,932 | 2.70% | ₹1,370.4 Cr |
 Nippon India Large Cap FundNippon India Mutual Fund | 33,21,087 | 2.46% | ₹1,262.5 Cr |
| SBI Large Cap FundSBI Mutual Fund | 30,80,000 | 2.24% | ₹1,170.8 Cr |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 29,97,047 | 1.58% | ₹1,139.3 Cr |
| ICICI Prudential Flexi Cap FundICICI Prudential Mutual Fund | 27,62,491 | 4.18% | ₹1,050.1 Cr |
| ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 25,13,922 | 1.14% | ₹955.6 Cr |
| ICICI Prudential Large Cap FundICICI Prudential Mutual Fund | 24,70,948 | 1.23% | ₹939.3 Cr |
| Nippon India Multi Cap FundNippon India Mutual Fund | 23,02,718 | 1.63% | ₹875.4 Cr |
| ICICI Prudential ELSS - Tax Saver FundICICI Prudential Mutual Fund | 19,15,254 | 5.39% | ₹728.1 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Avenue Supermarts insider trading
Bought on the marketBought on the market. The value each filer stated for its purchases on the exchange, added up; gifts, transfers and pledges are not counted. A purchase filed with no value is counted under the sum, not in it. Sold on the marketSold on the market. The value each filer stated for its sales on the exchange, added up; gifts, transfers and pledges are not counted. A sale filed with no value is counted under the sum, not in it.
- Directors and key managers0 purchases, 16 salesNo purchase₹50 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹50 Cr1 pledge created · 5 off-market moves
- Employees0 purchases, 4 salesNo purchase₹12 CrNet−₹12 Cr
- Others1 purchase, 95 sales₹0.11 Cr₹72 CrNet−₹71 Cr52 pledges created · 16 pledges released · 44 pledges invoked by a lender · 8 pledge filings of unclear kind · 72 off-market moves
- Promoters and promoter group: no market trade · 1 pledge released
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Avenue Supermarts competitors and peers
Diversified Retail, 17 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Avenue Supermarts in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Consumer services companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Vishal Mega MartVMM | 41,222 | 45.93 | 5.22 | +17.8% | +21.9% | 12.1% | 16.0% | 0.00% |
 V-Mart RetailVMART | 6,121 | 44.48 | 6.44 | +19.1% | +104.7% | 15.6% | 22.3% | 0.13% |
 Electronics Mart IndiaEMIL | 6,100 | 29.59 | 3.75 | +16.8% | +88.8% | 13.1% | 16.2% | 0.00% |
 Shoppers StopSHOPERSTOP | 3,771 | – | 13.37 | +8.7% | −161.9% | −4.0% | 40.2% | 0.00% |
 Patel RetailPATELRMART | 791 | 19.00 | 2.17 | – | – | 11.4% | 11.5% | 0.00% |
 Jay Jalaram TechnologiesKORE | 378 | 36.80 | 4.52 | +27.6% | +64.4% | 13.7% | – | 0.00% |
 Magson Retail and DistributionMAGSON | 273 | 361.12 | – | +61.1% | +88.4% | 1.4% | – | 0.00% |
 Spencer's RetailSPENCERS | 161 | – | – | −0.5% | – | – | −27.7% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Avenue Supermarts announcements
Oct 2026
27 Oct · Legal
10 Oct · Business
10 Oct · Results
9 Oct · Rating
Avenue Supermarts share price by year
Each calendar year to 2025.Avenue Supermarts share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 3,782.20 | +6.2% | 4,829.30 | 3,403.95 |
| 2024 | 3,561.85 | −12.8% | 5,391.45 | 3,408.30 |
| 2023 | 4,082.65 | +0.3% | 4,137.15 | 3,306.80 |
| 2022 | 4,068.75 | −12.9% | 4,731.35 | 3,230.60 |
| 2021 | 4,671.45 | +69.0% | 5,323.75 | 2,651.50 |
| 2020 | 2,763.60 | +50.3% | 2,763.60 | 1,789.90 |
| 2019 | 1,838.35 | +14.4% | 1,994.65 | 1,234.25 |
| 2018 | 1,606.65 | +36.0% | 1,669.70 | 1,105.70 |
| 2017 | 1,181.35 | – | 1,268.65 | 614.40 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 21 Mar 2017.
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 3,153.90 | 3,183.70 | 3,115.40 | 3,150.00 | 3,146.50 | 2,87,751 | 34.4% |
| 23 Oct 2026 | 3,166.20 | 3,176.00 | 3,102.30 | 3,157.70 | 3,135.22 | 3,81,432 | 41.8% |
| 22 Oct 2026 | 3,231.10 | 3,231.20 | 3,149.40 | 3,166.00 | 3,172.24 | 13,29,097 | 60.6% |
| 21 Oct 2026 | 3,310.00 | 3,327.50 | 3,224.50 | 3,250.90 | 3,254.61 | 4,50,149 | 49.3% |
| 19 Oct 2026 | 3,355.90 | 3,360.00 | 3,296.00 | 3,304.00 | 3,321.50 | 4,21,181 | 52.3% |
| 16 Oct 2026 | 3,375.00 | 3,375.00 | 3,322.20 | 3,342.00 | 3,345.95 | 6,80,436 | 43.2% |
| 15 Oct 2026 | 3,415.00 | 3,423.20 | 3,340.30 | 3,378.40 | 3,371.59 | 4,36,451 | 54.4% |
| 14 Oct 2026 | 3,372.40 | 3,416.00 | 3,351.80 | 3,415.00 | 3,396.84 | 6,32,694 | 53.2% |
| 13 Oct 2026 | 3,373.00 | 3,390.00 | 3,345.90 | 3,383.00 | 3,364.32 | 4,30,557 | 37.8% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- DMART
- BSE code
- 540376
- ISIN
- INE192R01011
- Industry
- Retailing
- Website
- www.dmartindia.com
- CIN
- L51900MH2000PLC126473
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2000
- Registered office
- Anjaneya CHS Limited, Orchard Avenue, Opp. Hiranandani Foundation School, Powa, Mumbai 400076, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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