About
Basic Data Updated:
12 days agoThe organized retail business of Avenue Supermarts Limited, as stated in its credit rating report, is carried out through its chain of stores branded as 'DMart'. Currently, the company operates 184 hypermarket stores across various states including Maharashtra, Gujarat, Telangana, Karnataka, Andhra Pradesh, Madhya Pradesh, Chhattisgarh, NCR, Tamil Nadu, Punjab, Rajasthan, and Daman. ASL's product range includes a variety of food products such as dairy products, staples, groceries, snacks, frozen products, processed foods, beverages, confectionery, and fruits and vegetables. In addition, the company also offers non-food products like home care products, personal care items, toiletries, and other over the counter products. Furthermore, ASL also provides general merchandise and apparel produ... Read More
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Financials of Avenue Supermarts Limited
Avenue Supermarts Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.72% increase. The company also saw a substantial improvement in profitability, with a 58.18% increase in profit. The company's net worth Soared by an impressive increase of 18.52%.
Enhance accessibility to Avenue Supermarts's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Avenue Supermarts's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Avenue Supermarts Limited
Unlock and access historical data on people associated with Avenue Supermarts, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (4)
ND
Niladri Deb
CFOStatus: Current
AG
Ashu Gupta Company SecretaryStatus: Current
RB
Ramakant Baheti CFOStatus: Current
IN
Ignatius Noronha Managing DirectorAppointment Date: 02-Jan-2006
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 17 Oct 2018 | ₹500.00 Cr | Open |
Others Creation Date: 27 Aug 2015 | ₹50.00 Cr | Open |
Axis Bank Limited Creation Date: 21 Mar 2012 | ₹100.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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32 years 7 months Chandrashekhar Bhave is a mutual person
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Avenue E-Commerce Limited
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Recent activity within the organization
Charges
A charge with Hdfc Bank Limited of Rs. 100.00 cr registered on 04 Oct 2007 with Charge ID 10074564 was modified on 26 Dec 2023.
26 Dec 2023Annual General Meeting
Avenue Supermarts Limited last Annual general meeting of members was held on 10 Aug 2023 as per latest MCA records.
10 Aug 2023Balance Sheet
Avenue Supermarts Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Charges
A charge with Others of Rs. 65.00 cr registered on 24 Nov 2011 with Charge ID 10325558 was modified on 19 Jan 2023.
19 Jan 2023Charges
A charge with Others of Rs. 65.00 cr registered on 20 Nov 2009 with Charge ID 10188271 was modified on 11 Jul 2022.
11 Jul 2022
Recent News, Updates & Announcement
DMart down after weak Q2 results analysts remain positive on longterm .The New Indian Express 16 Oct 2023
- When Wealth Knows No Bounds The Retail King Radhakishan Damanis 17 Billion Net Worth Fuels Grocery Shopping Spree at Avenue Supermarts.
When youre so rich you can buy all the groceries you want AvenueSupermarts RetailKing RadhakishanDamani 17BillionNetWorth.
DNA India 05 Oct 2023
- Radhakishan Damanis DMart buys retail space in Mumbais Kandivali for Rs 89 crore.
Avenue Supermarts the owner of DMart supermarket chain has acquired around 50000 sq ft of commercial space in Mumbais Kandivali suburb The company purchased 17 commercial units across four floors of a residential tower for over INR 8874 crore This acquisition is part of the companys expansion strategy with plans to open 40 stores in the current financial year .
Economic Times 08 Sep 2023
- Radhakishan Damani buys Health Glow for 750 cr.
According to corporate shareholding data available till June 2023 Damani Damani publicly holds 14 stocks with a net worth over 1669496 crore with the largest being VST Industries where he is the single largest shareholder and India Cements where his 21 ownership makes him the single largest public nonpromoter group investor Apart from being an investor in His other retail sector exposure is in Trent the chain backed by Tata Group.
Economic Times 21 Jul 2023
- DMarts Operational Performance Weakens Despite 18 Revenue Growth and 14 Stock Price Increase.
When you thought your topline was strong but your operational performance was weak so your net profit only grew 7 YoY DMart added 18 stores and revenue grew 18 YoY but analysts are expecting only singledigit growth in net profit The stock price went up 14 in June but experts are predicting only 86 YoY growth in net profit Basically its not as good as it seems.
Economic Times 14 Jul 2023
Frequently asked questions
What is the Incorporation or founding date of Avenue Supermarts Limited?
