DMart

Mumbai, India Founded: 2002 • Age: 24 yrs Listed Fortune India 500 · #49 India's Most Valuable
Multi-category retail products are distributed through a chain of stores.

About DMart

DMart is a publicly listed company based in Mumbai (India) founded in 2002. Multi-category retail products are distributed through a chain of stores. The company has 90,280 employees. Its chief executive, as recorded, is Ignatius Navil Noronha. Its website dmartindia.com draws about 253 thousand monthly visits. Its Indian entity Avenue Supermarts Limited reported revenue of β‚Ή68,895 Cr. DMart offers products and services including Groceries and Household Items. Its focus areas include Consumer Goods, Retail Chains, Horizontal and Supermarkets.

Company details

A retail chain was established in 2002 in Mumbai, India, focusing on multi-category consumer goods. Home utility items such as food, toiletries, groceries, personal care products, garments, kitchenware, bed and bath linen, home appliances, and beauty products are provided across stores. Operations span the Indian market. In 2022, annual revenues reached 5.22 billion, with net profit recorded at 0.3 billion.

DMart is ranked #49 on the Fortune India 500 (2025).

Recognitions & Rankings of DMart

Fortune India 500 2025 edition
Rank#49
Total income
₹60,599 Cr
Profit
₹2,708 Cr
Last year #51
India's Most Valuable Companies 2025 edition · Source: Hurun India
Valuation
₹2,98,420 Cr
2024 #23 2023 #17 2022 #17
  • Headquarters Mumbai, India
  • Employees 90,280
  • Stage Public
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website dmartindia.com
  • Social LinkedIn X Facebook
  • Legal Name Avenue Supermarts Ltd.
Operational Areas
Key Metrics
  • Market Cap
    ₹2,04,427 Cr

    DMART · NSE

  • Share Price
    ₹3,175.00

    +1.31% today

  • Revenue
    ₹68,821 Cr

    FY 2025-26 · +15.9% YoY

  • EBITDA
    ₹5,187 Cr

    Margin 7.5%

  • Net Profit
    ₹2,968 Cr

    FY 2025-26 · +10.4% YoY

  • P/E (TTM)
    65.9x

    P/B 7.9x

  • ROE
    12.9%

    ROCE 17.2%

  • Debt / Equity
    0.07

    Interest cover 3.4x

  • Latest Funding Round
    $31.66M (USD), Post-IPO

    Sep 2026

  • Employee Count
    90,280

Products & Services of DMart

DMart offers a comprehensive portfolio of products and services, including Groceries and Household Items.

Groceries
Retail Products

Groceries are sold for daily use in various formats

Household Items
Consumer Goods

Household items are distributed to support everyday needs

Funding Insights of DMart

  • Total Rounds 2
  • Last Round Post-IPO β€” $31.66M
  • First Round $574.46M

    (Feb 2020)

All 2 funding rounds of DMart with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2026$31.66MPost-IPO––
–
Feb 2020$574.46MPost-IPO––
–

Board of directors of Avenue Supermarts Limited (DMart)

Avenue Supermarts Limited is the primary company behind DMart. The board of Avenue Supermarts Limited currently have 8 directors; the longest-serving is Ramakant Kanhaiyalal Baheti, appointed in 2006. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramakant Kanhaiyalal Baheti
DIN 00246480
Whole-time director02 Jan 200620 yrs 9 moAvenue Supermarts Limited
Manjri Aditya Chandak
DIN 03503615
Director31 Mar 201115 yrs 6 moAvenue Supermarts Limited
Elvin Elias Machado
DIN 07206710
Whole-time director30 Sep 201511 yrsAvenue Supermarts Limited
Kalpana Vasantrai Unadkat
DIN 02490816
Director30 Jul 20188 yrs 2 moAvenue Supermarts Limited
Harishchandra Meghraj Bharuka
DIN 00306084
Director13 Jan 20242 yrs 9 moAvenue Supermarts Limited
Bhaskaran Narayanan
DIN 10808853
Whole-time director17 Oct 20242 yrsAvenue Supermarts Limited
Rita Amitabh Teaotia
DIN 02876666
Director20 Jun 20251 yr 4 moAvenue Supermarts Limited
Anshul Asawa
DIN 11400809
Managing Director01 Apr 20266 moAvenue Supermarts Limited

People of DMart

1 people are tracked at DMart (1 in leadership); the tracked headcount is 90,280.

NameRoleGroup
CEOLeadership
Premium access

Complete people profiles for DMart

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of DMart

DMart is a publicly listed company on the NSE with ticker symbol DMART in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date21 Mar 2017
  • Listed onBSE: 540376 · NSE: DMART
  • Listed entityAvenue Supermarts Ltd.
  • Exchange sectorRetail trade
  • ISININE192R01011
  • Share price₹3,415.00 (+0.95% on the day) · 2026-10-14
  • Market capitalisation₹220,456 Cr
  • Price to earnings71.4
  • EPS (diluted, trailing year)₹47.82
  • Volume (last session)632,680

Financials of DMart

Exchange-reported figures of Avenue Supermarts Limited, the listed company behind DMart (NSE: DMART).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹68,821 Cr
+15.9% YoY
EBITDA
₹5,187 Cr
+15.6% YoY
Profit After Tax
₹2,968 Cr
+10.4% YoY
Net Worth
₹24,464 Cr
+14.2% YoY
Total Assets
₹26,903 Cr
+20.9% YoY
Total Debt
₹2,425 Cr
+195.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue68,82159,35850,78942,84030,97624,14324,870
Revenue growth+15.9%+16.9%+18.6%+38.3%+28.3%-2.9%-
EBITDA5,1874,4874,1043,6372,4981,7432,128
EBITDA margin+7.5%+7.6%+8.1%+8.5%+8.1%+7.2%+8.6%
Profit before tax4,0823,6733,4613,0602,0641,4831,745
Net profit2,9682,6892,5182,3731,4931,0991,292
Net profit margin+4.3%+4.5%+5.0%+5.5%+4.8%+4.6%+5.2%
EPS (β‚Ή)45.5641.6238.9736.6923.0416.9720.09
Balance sheet
Total assets26,90322,25919,29916,72914,33012,58011,415
Net worth24,46421,42818,69816,07913,67812,18411,080
Total debt2,425820592643647393333
Cash & bank3043586381,4082991,446108
Net working capital4,9764,4434,3093,9462,3583,0331,719
Cash flow
Cash from operations3,4672,4632,7462,6301,3721,3751,280
Cash from investing(4,207)(2,185)(2,468)(2,313)(1,289)(1,110)(4,657)
Cash from financing288(259)(148)(205)(179)(180)3,357
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue19,64418,79517,68418,10116,67616,36014,87215,973
Revenue growth (YoY)+17.8%+14.9%+18.9%+13.3%+15.5%+16.3%--
Other income13.5325.7818.1716.9319.5719.4325.0524.14
EBITDA1,3931,4991,2111,4631,2141,2999551,217
EBITDA margin+7.1%+8.0%+6.8%+8.1%+7.3%+7.9%+6.4%+7.6%
Depreciation318288284268253232241228
Interest63.9054.2840.9736.8234.9629.3018.9618.21
Profit before tax1,0251,1839041,1759451,057720995
Tax282323248319260285170272
Net profit743860656856685773551724
EPS (β‚Ή)11.4013.2010.0913.1310.4911.858.4511.10
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue66,96857,79049,53341,83330,35223,78724,675
Revenue growth+15.9%+16.7%+18.4%+37.8%+27.6%-3.6%-
EBITDA5,2554,5434,0993,6592,5021,7422,122
EBITDA margin+7.9%+7.9%+8.3%+8.8%+8.2%+7.3%+8.6%
Profit before tax4,3183,8833,6113,2312,1821,5451,783
Net profit3,2212,9042,6782,5521,6151,1651,341
Net profit margin+4.8%+5.0%+5.4%+6.1%+5.3%+4.9%+5.4%
EPS (β‚Ή)49.4544.9841.4139.4324.9517.9920.84
Balance sheet
Total assets27,78722,92319,74516,94214,34012,60111,416
Net worth25,52022,23019,28116,50313,92412,30511,136
Total debt2,267693464439416296280
Cash & bank2663315601,3732841,43292.24
Net working capital4,8004,3204,2263,9132,3522,9681,672
Cash flow
Cash from operations3,6122,5972,7432,6781,3151,3851,287
Cash from investing(4,425)(2,322)(2,584)(2,442)(1,292)(1,155)(4,700)
Cash from financing350(204)(86.69)(132)(121)(140)3,384
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue19,20618,34317,20417,61316,21915,93214,46215,565
Revenue growth (YoY)+18.4%+15.1%+19.0%+13.2%+15.4%+16.2%--
Other income23.2737.7630.7030.2732.9234.1339.1336.44
Total expenses17,80316,81715,97316,13214,98914,61913,48114,330
EBITDA1,4031,5271,2311,4811,2301,3139811,235
EBITDA margin+7.3%+8.3%+7.2%+8.4%+7.6%+8.2%+6.8%+7.9%
Depreciation287262256241228210216204
Interest59.5550.6037.6833.7931.8426.6215.9915.19
Profit before tax1,0801,2529681,2361,0031,1117891,053
Tax276316244313256282169268

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 29 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue19,64418,79517,68418,10116,67616,36014,87215,973
Revenue growth (YoY)+17.8%+14.9%+18.9%+13.3%+15.5%+16.3%--
Other income13.5325.7818.1716.9319.5719.4325.0524.14
EBITDA1,3931,4991,2111,4631,2141,2999551,217
EBITDA margin+7.1%+8.0%+6.8%+8.1%+7.3%+7.9%+6.4%+7.6%
Depreciation318288284268253232241228
Interest63.9054.2840.9736.8234.9629.3018.9618.21
Profit before tax1,0251,1839041,1759451,057720995
Tax282323248319260285170272
Net profit743860656856685773551724
EPS (β‚Ή)11.4013.2010.0913.1310.4911.858.4511.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue68,82159,35850,78942,84030,97624,14324,870
Revenue growth+15.9%+16.9%+18.6%+38.3%+28.3%-2.9%-
Other income74.1012414612911719659.99
Total expenses63,63454,87146,68539,20328,47822,40022,742
Employee cost1,5411,166906747616537456
EBITDA5,1874,4874,1043,6372,4981,7432,128
EBITDA margin+7.5%+7.6%+8.1%+8.5%+8.1%+7.2%+8.6%
Depreciation1,037870731639498414374
Interest14269.4558.1367.4153.7941.6569.12
Profit before tax4,0823,6733,4613,0602,0641,4831,745
Tax1,112965926682572384444
Net profit2,9682,6892,5182,3731,4931,0991,292
Net profit margin+4.3%+4.5%+5.0%+5.5%+4.8%+4.6%+5.2%
EPS (β‚Ή)45.5641.6238.9736.6923.0416.9720.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital652651651648648648648
Reserves & surplus23,81120,77718,04715,43013,03011,53610,432
Shareholders' funds (net worth)24,46421,42818,69816,07913,67812,18411,080
Minority interest(1.68)(1.05)(0.48)0.080.250.400.46
Secured loans7150.000.000.000.000.0037.73
Unsecured loans1,710820592643647393295
Total debt2,425820592643647393333
Total liabilities26,90322,25919,29916,72914,33012,58011,415
Assets
Gross block24,96020,10616,57113,81611,1278,3966,927
Net block20,09016,20613,41511,3409,2607,0095,948
Capital work in progress1,3001,0999358291,1291,020364
Investments4.013.261072025.942.9514.68
Inventories5,9015,0443,9273,2432,7432,2481,947
Sundry debtors14915416662.1666.8943.5819.55
Cash & bank balances3043586381,4082991,446108
Loans & advances1,1228351,364532329321258
Total current assets7,4766,3916,0955,2463,4374,0582,333
Total current liabilities2,5001,9481,7861,3011,0781,025614
Net working capital4,9764,4434,3093,9462,3583,0331,719
Total assets26,90322,25919,29916,72914,33012,58011,415
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash35533720795.12192106125
Net cash from operating activities3,4672,4632,7462,6301,3721,3751,280
Net cash from investing activities(4,207)(2,185)(2,468)(2,313)(1,289)(1,110)(4,657)
Net cash from financing activities288(259)(148)(205)(179)(180)3,357
Net change in cash(452)18.36130112(96.38)85.64(19.00)
Closing cash3043586381,4082991,446108
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+15.9%+16.9%+18.6%+38.3%+28.3%-2.9%-
EBITDA growth+15.6%+9.4%+12.8%+45.6%+43.3%-18.1%-
PBT growth+11.1%+6.1%+13.1%+48.3%+39.1%-15.0%+22.7%
Net income growth+10.4%+6.8%+6.1%+59.0%+35.8%-14.9%-
Revenue CAGR (3Y)+17.1%+24.2%+28.1%+19.9%+15.7%+17.1%+27.9%
EBITDA CAGR (3Y)+12.6%+21.6%+33.0%+19.6%+15.2%+8.8%+30.0%
Profitability & leverage
Net income margin+4.3%+4.6%+5.0%+5.6%+4.8%+4.6%+5.2%
Return on capital employed+17.2%+18.0%+19.5%+20.1%+15.7%+12.7%+20.5%
Return on net worth+12.9%+13.5%+14.6%+16.0%+11.5%+9.5%+15.6%
Debt / equity0.070.040.040.040.040.030.06
Long-term debt / equity0.040.020.030.030.030.020.02
Interest cover3.421.921.722.252.693.133.94
Efficiency & per share
Fixed asset turnover3.303.573.683.783.473.444.57
Inventory turnover13.6014.5815.5915.7513.5912.5815.32
Debtors turnover491.16408.44489.16730.73613.97835.83649.38
EPS (β‚Ή)45.5641.6238.9736.6923.0416.9720.09
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)375.23329.29287.34248.01211.15188.09171.04
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue19,20618,34317,20417,61316,21915,93214,46215,565
Revenue growth (YoY)+18.4%+15.1%+19.0%+13.2%+15.4%+16.2%--
Other income23.2737.7630.7030.2732.9234.1339.1336.44
Total expenses17,80316,81715,97316,13214,98914,61913,48114,330
EBITDA1,4031,5271,2311,4811,2301,3139811,235
EBITDA margin+7.3%+8.3%+7.2%+8.4%+7.6%+8.2%+6.8%+7.9%
Depreciation287262256241228210216204
Interest59.5550.6037.6833.7931.8426.6215.9915.19
Profit before tax1,0801,2529681,2361,0031,1117891,053
Tax276316244313256282169268
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue66,96857,79049,53341,83330,35223,78724,675
Revenue growth+15.9%+16.7%+18.4%+37.8%+27.6%-3.6%-
Other income12817418916314120963.33
Total expenses61,71353,24745,43438,17427,85122,04522,553
Employee cost1,3521,013786648548495425
EBITDA5,2554,5434,0993,6592,5021,7422,122
EBITDA margin+7.9%+7.9%+8.3%+8.8%+8.2%+7.3%+8.6%
Depreciation935776633543421371340
Interest13057.7544.2748.0739.6034.4862.76
Profit before tax4,3183,8833,6113,2312,1821,5451,783
Tax1,095956916675566379433
Net profit3,2212,9042,6782,5521,6151,1651,341
Net profit margin+4.8%+5.0%+5.4%+6.1%+5.3%+4.9%+5.4%
EPS (β‚Ή)49.4544.9841.4139.4324.9517.9920.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital652651651648648648648
Reserves & surplus24,86721,57918,63015,85313,27611,65810,488
Shareholders' funds (net worth)25,52022,23019,28116,50313,92412,30511,136
Secured loans7150.000.000.000.000.0037.73
Unsecured loans1,552693464439416296242
Total debt2,267693464439416296280
Total liabilities27,78722,92319,74516,94214,34012,60111,416
Assets
Gross block24,04519,33015,82213,05010,5147,9966,644
Net block19,61915,79313,00910,8378,8296,7215,735
Capital work in progress1,2841,0919308291,0731,006362
Investments1,6071,2551,071977532402287
Inventories5,6304,8053,7233,0562,5872,1671,909
Sundry debtors35734939324723172.1048.53
Cash & bank balances2663315601,3732841,43292.24
Loans & advances9406871,277460249289242
Total current assets7,1936,1735,9545,1353,3513,9612,292
Total current liabilities2,3921,8531,7271,223999993620
Net working capital4,8004,3204,2263,9132,3522,9681,672
Total assets27,78722,92319,74516,94214,34012,60111,416
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash33025918783.4518191.45120
Net cash from operating activities3,6122,5972,7432,6781,3151,3851,287
Net cash from investing activities(4,425)(2,322)(2,584)(2,442)(1,292)(1,155)(4,700)
Net cash from financing activities350(204)(86.69)(132)(121)(140)3,384
Net change in cash(462)71.3072.09103(97.74)89.74(28.66)
Closing cash2663315601,3732841,43292.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+15.9%+16.7%+18.4%+37.8%+27.6%-3.6%-
EBITDA growth+15.7%+10.8%+12.0%+46.3%+43.6%-17.9%-
PBT growth+11.2%+7.5%+11.8%+48.1%+41.2%-13.4%+23.2%
Net income growth+10.9%+8.4%+4.9%+58.0%+38.7%-13.2%-
Revenue CAGR (3Y)+17.0%+23.9%+27.7%+19.2%+15.1%+16.6%+27.6%
EBITDA CAGR (3Y)+12.8%+22.0%+33.0%+19.9%+15.1%+9.2%+30.1%
Profitability & leverage
Net income margin+4.8%+5.1%+5.4%+6.1%+5.3%+4.9%+5.5%
Return on capital employed+17.5%+18.5%+19.9%+21.0%+16.5%+13.2%+20.9%
Return on net worth+13.5%+14.1%+15.1%+16.8%+12.3%+9.9%+16.1%
Debt / equity0.060.030.030.030.030.020.06
Long-term debt / equity0.030.020.020.020.020.020.02
Interest cover3.011.531.281.541.902.523.52
Efficiency & per share
Fixed asset turnover3.343.613.773.913.593.564.72
Inventory turnover13.8914.8816.0716.3113.9712.7715.52
Debtors turnover205.42171.04170.21192.73219.26431.48436.07
EPS (β‚Ή)49.4544.9841.4139.4324.9517.9920.84
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)391.42341.62296.29254.55214.95189.96171.91

Timeline of DMart

4 dated milestones of DMart across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded DMart is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $574.5M.
  4. Funding Latest funding round, Post-IPO, of $31.7M.

Web traffic of DMart

The website of DMart (dmartindia.com) receives about 252.9K visits a month.

  • Monthly visits
    252.9K

    ▲ 20.7% vs previous month

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Top companies in Retail Stores & Chains

2 companies that operate in the same segment as DMart (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Multi-format offline retail is operated in India.
1997Mumbai, Maharashtra, IndiaUSD 3.41 BUSD 280.87 K32
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Related news about Dmart

DMART: RS. 77.58 CRORES NSE BLOCK TRADE; FOR ~ 247,971 SHARES, AT RS. 3128.40
Exchange Update β€’ 1 day ago
DMART: RS. 50.04 CRORES NSE BLOCK TRADE; FOR ~ 157,713 SHARES, AT RS. 3172.90
Exchange Update β€’ 7 days ago
Avenue Supermarts: Reports Q2FY27 EBITDA Margin Decrease Of 0.28% (YOY) To 7.30% Despite 14% EBITDA Growth To ₹1,403 Crore. Analysts Lower FY27–FY28 Earnings Projections After Missed Expectations; Store Expansion May Speed Up In H2FY27.
Exchange Update β€’ 16 days ago
DMart: Citi on Avenue Supermarts (DMart) Maintains Sell, Target Price ₹3,250; standalone EBITDA/PAT grew 14%/8% YoY against 18% revenue growth, with profitability below estimates, EBITDA/PBT per sq. ft. declining 2.2%/7.7% and 1HFY27 free cash flow at -₹16.4bn, lifting gross debt to ₹26.3bn; profit growth has lagged revenue in 11 of the last 14 quarters, prompting 2–4% FY27–29E EPS cuts.
Exchange Update β€’ 17 days ago
DMart: Bernstein on Avenue Supermarts (DMart) Maintains Outperform, Target Price ₹5,000; 18.4% revenue growth and 9.5% like-for-like growth across a 377-store base, most facing quick-commerce competition, reinforce the value-grocery model’s resilience; key challenges remain consistent margins, faster new-store ramp-up and cost control.
Exchange Update β€’ 17 days ago
DMart: CLSA on Avenue Supermarts (DMart) Maintains High Conviction Outperform, Target Price ₹5,723; 9.5% LFL growth, 14.15% gross margin and 14.1% EBITDA growth with a 7.3% margin were broadly in line with estimates, while 28bps YoY margin contraction from minimum-wage hikes and higher depreciation and finance costs limited PAT growth to 7.6%.
Exchange Update β€’ 17 days ago
DMart: Jefferies on Avenue Supermarts (DMart) Maintains Hold, cuts Target Price to ₹4,000; strong traffic, higher inflation and one of the best recent quarterly LFL prints indicate healthy demand, but higher food mix, weaker gross margins, wage inflation and inventory build weighed on earnings and operating cash flow, while unit EBITDA fell to a multi-quarter low; cuts EPS estimates by 2–3%.
Exchange Update β€’ 17 days ago
DMart: MOSL on Avenue Supermarts (DMart) Maintains Neutral, Target Price ₹3,925; revenue growth accelerated to 18% YoY as LFL growth improved to 9.5%, with 15 store additions taking the total to 518; however, EBITDA/PAT missed estimates by 3%/7%, as margins contracted around 30bps due to weaker gross margins and 3% higher cost of retailing per sq. ft. amid wage inflation.
Exchange Update β€’ 17 days ago
AVENUE SUPERMARTS: Q1 REVENUE 196.44B RUPEES VS 166.76B (YOY)
Exchange Update β€’ 19 days ago
AVENUE SUPERMARTS: Q1 CONS NET PROFIT 7.43B RUPEES VS 6.85B (YOY)
Exchange Update β€’ 19 days ago
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Frequently Asked Questions about DMart

DMart was founded in 2002 and raised its 1st funding round 18 years after it was founded.

DMart is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Ignatius Navil Noronha is the CEO of DMart, as recorded in our data.

DMart has 90,280 employees.

The primary company behind DMart, Avenue Supermarts Limited, reported revenue of β‚Ή68,895 Cr for FY 2026, up 16% year on year.

A retail chain was established in 2002 in Mumbai, India, focusing on multi-category consumer goods. Home utility items such as food, toiletries, groceries, personal care products, garments, kitchenware, bed and bath linen, home appliances, and beauty products are provided across stores. Operations span the Indian market. In 2022, annual revenues reached 5.22 billion, with net profit recorded at 0.3 billion.

DMart offers Groceries and Household Items.

Yes, DMart is publicly traded on NSE under the ticker symbol DMART.

DMart operates through Avenue Supermarts Limited.

The legal entities of DMart currently have 10 directors, including Ashu Gupta, Ramakant Kanhaiyalal Baheti, Elvin Elias Machado and others.

The website of DMart receives about 253 thousand visits a month.

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