MarketFriction

Avenue Supermarts Ltd

NSE DMART · BSE 540376 · Diversified Retail
₹3,813.00 +0.31%
NSE close2026-10-01
52 week range3,529.00 - 4,644.00
Market cap₹2,44,592 Cr.
P/E80.0
IPO 2017 · +1175% since Results 10-10 Nifty Next 50Nifty 100Nifty 200Nifty 500Nifty India Consumption No price band Delivery 49.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales12,62413,57212,72714,06914,44415,97314,87216,36016,67618,10117,68418,795
Expenses11,61912,45311,78312,84813,35114,75513,91715,06115,46316,63816,47317,295
Operating Profit1,0051,1209441,2211,0941,2179551,2991,2141,4631,2111,499
OPM %8%8%7%9%8%8%6%8%7%8%7%8%
Other Income373338423424251920171826
Interest161513161618192935374154
Depreciation174189205193208228241232253268284288
Profit before tax8529497631,0549039957201,0579451,1759041,183
Tax %27%27%26%27%27%27%24%27%28%27%27%27%
Net Profit623690563774659724551773685856656860
EPS in Rs9.5810.618.6611.8910.1411.128.4711.8810.5313.1510.0713.19
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8,58411,89815,03320,00524,87024,14330,97642,84050,78959,35868,82171,256
Expenses7,91910,92913,68018,37122,74222,39828,47439,20146,68354,86463,63265,869
Operating Profit6649691,3531,6332,1281,7452,5023,6394,1064,4955,1895,387
OPM %8%8%9%8%9%7%8%8%8%8%8%8%
Other Income17288848601941141281451177280
Interest911226047694254675869142167
Depreciation981281592123744144986397318701,0371,093
Profit before tax4927471,2221,4221,7451,4832,0643,0603,4613,6734,0824,207
Tax %35%36%34%37%25%26%28%22%27%26%27%
Net Profit3204798069021,3011,0991,4922,3782,5362,7072,9703,057
EPS in Rs5.707.6712.9214.4620.0916.9723.0436.6938.9741.6145.5646.94
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth23%23%17%16%
Compounded Profit Growth25%22%8%13%
Stock Price CAGR%-2%1%-16%
Return on Equity14%14%14%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital562562624624624648648648648651651652
Reserves6389593,2184,0454,96310,43211,53613,03015,43018,04720,77723,812
Borrowings9041,1921,4974397003333936476435928202,425
Other Liabilities2513894805407186631,0791,1461,3831,8822,0652,629
Total Liabilities2,3553,1025,8195,6487,00612,07613,65515,47118,10521,17224,31329,518
Fixed Assets1,5282,0942,5783,4004,4005,9487,0099,26011,34013,41516,20620,090
CWIP98821531473773641,0201,1298299351,0991,300
Investments1529266817153620210734
Other Assets7138973,0632,0332,2125,7495,6245,0765,7336,7167,0048,123
Total Assets2,3553,1025,8195,6487,00612,07613,65515,47118,10521,17224,31329,518
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2224334557308071,2801,3751,3722,6302,7462,4633,467
Cash from Investing Activity-474-633-2,482464-958-4,657-1,110-1,289-2,313-2,468-2,185-4,207
Cash from Financing Activity2341962,025-1,1592093,357-180-179-205-148-259288
Net Cash Flow-17-3-13457-1986-9611213018-452
Free Cash Flow-255435-180-179-602-426-652-1,01742424-954-646
CFO/OP71%90%74%84%80%83%94%77%92%85%76%87%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days001110111111
Inventory Days363434343534403833333637
Days Payable810991081088888
Cash Conversion Cycle282426252626303126263029
Working Capital Days2264161122232320252318
ROCE %21%24%21%24%26%20%13%16%20%19%18%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.64%74.64%74.64%74.64%74.64%74.64%74.64%74.65%74.65%74.65%74.51%74.48%
FIIs7.67%7.96%8.26%9.22%9.95%8.96%8.18%8.25%8.73%8.71%9.00%9.22%
DIIs8.25%8.45%8.51%7.95%7.43%8.07%9.08%9.22%9.02%8.83%8.77%8.67%
Government0.04%0.06%0.06%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%
Public9.41%8.87%8.50%8.09%7.91%8.24%8.04%7.79%7.53%7.75%7.64%7.55%
No. of Shareholders8,15,5627,40,0376,84,3266,19,8435,90,2527,09,5826,71,8506,18,9965,85,5105,99,2965,73,7645,42,175

Fundamentals

Market Cap₹ 2,44,592 Cr.
Current Price₹ 3,750
Stock P/E80.0
Book Value₹ 375
ROCE17.2 %
ROE12.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)16%
Compounded Profit Growth (TTM)13%
Consolidated figures.
Valuation
Market capRs 248,592 Cr
Enterprise valueRs 250,713 Cr
P/E (TTM)81.29x
Price to book10.16x
Price to sales3.49x
EV / EBITDA45.86x
EV / EBIT57.31x
EV / sales3.52x
Price to cash flow71.71x
Earnings yield1.23%
P/E, 3-year average100.36x
P/B, 3-year average12.90x
P/E, 5-year average113.50x
P/B, 5-year average14.27x
Profitability
Operating margin (excl. other income)7.54%
Operating margin (incl. other income)7.64%
EBITDA margin7.67%
Pre-tax margin5.90%
Net profit margin4.29%
Net margin, latest quarter4.58%
ROE12.95%
ROCE17.19%
ROA11.04%
ROE, 3-year average13.68%
ROCE, 3-year average18.25%
ROA, 3-year average11.95%
ROE, 5-year average13.71%
ROCE, 5-year average18.13%
ROA, 5-year average12.05%
ROIC (approx.)11.97%
Tax rate27.24%
Other income / net worth0.29%
Growth
Sales growth (latest year)15.94%
Profit growth (latest year)9.69%
Sales CAGR, 3 years17.12%
Sales CAGR, 5 years23.31%
Profit CAGR, 3 years7.69%
Profit CAGR, 5 years21.99%
Sales growth QoQ6.28%
Profit growth QoQ31.07%
Sales growth YoY (latest quarter)14.88%
Profit growth YoY (latest quarter)11.34%
Per share
EPS (TTM)Rs 46.91
EPS (latest year)Rs 45.56
EPS (latest quarter)Rs 13.20
EPS, 3-year averageRs 42.05
EPS, 5-year averageRs 37.18
Book value per shareRs 375.24
Sales per shareRs 1,092.95
Cash flow per shareRs 53.17
Free cash flow per shareRs -9.91
Efficiency
Asset turnover2.33x
Fixed asset turnover3.43x
Inventory turnover10.33x
Inventory days35 days
Debtor days1 days
Debtors turnover460.83x
Creditor days8 days
Cash conversion cycle29 days
Working capital days18 days
Leverage
Total debtRs 2,425 Cr
Cash and bankRs 304 Cr
Net debtRs 2,121 Cr
Debt to equity0.10x
Net debt / EBITDA0.39x
Interest coverage26.19x
Current ratio (filing 2026-03-31)1.98x
Quick ratio (filing 2026-03-31)0.42x
Trade payables (filing 2026-03-31)Rs 1,338 Cr
Owners' fund to total sources82.88%
Debt to assets8.22%
Cash flow
Cash from Operating Activity (latest year)Rs 3,467 Cr
Cash from Investing Activity (latest year)Rs -4,207 Cr
Cash from Financing Activity (latest year)Rs 288 Cr
Net Cash Flow (latest year)Rs -452 Cr
Free cash flow (latest year)Rs -646 Cr
FCFE (approx.: FCF + change in debt)Rs 959 Cr
Cash from ops / profit, 5 years1.05x
Sales to cash flow19.85x
Statement figures
Net sales (TTM)Rs 71,256 Cr
Net sales (latest year)Rs 68,821 Cr
Sales (latest quarter)Rs 18,795 Cr
Operating profit excl. other income (latest year)Rs 5,189 Cr
Operating profit (latest quarter)Rs 1,499 Cr
Other income (TTM)Rs 80 Cr
EBITDA (TTM)Rs 5,467 Cr
PBDT (TTM)Rs 5,300 Cr
Profit before tax (TTM)Rs 4,207 Cr
Tax (latest year)Rs 1,112 Cr
Net profit (TTM)Rs 3,058 Cr
Net profit (latest year)Rs 2,970 Cr
Net profit (latest quarter)Rs 861 Cr
Depreciation (TTM)Rs 1,093 Cr
Depreciation (latest quarter)Rs 288 Cr
Interest (TTM)Rs 167 Cr
Cost of goods sold (latest year)Rs 60,981 Cr
Total expenditure (latest year)Rs 63,632 Cr
Total income (latest year)Rs 68,893 Cr
Share capitalRs 652 Cr
ReservesRs 23,812 Cr
Shareholders' fundsRs 24,464 Cr
Total assetsRs 29,518 Cr
Net blockRs 20,090 Cr
Capital work in progressRs 1,300 Cr
InvestmentsRs 4 Cr
ReceivablesRs 149 Cr
InventoryRs 5,901 Cr
Other liabilitiesRs 2,629 Cr
Shares outstanding (crore)65.20
Ownership
Promoter holding74.48% (-0.17 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 81.3 is at the 1th percentile of its own 9.4-year range (median 125.2, low 81.0, high 279.3).
P/B 10.16 is at the 1th percentile (median 17.30).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodDMARTNifty 50Difference
1 week+0.7%-2.8% +3.5 pts
1 month-0.3%-6.8% +6.5 pts
3 months-4.5%-7.6% +3.1 pts
6 months-3.6%+0.4% -4.0 pts
1 year-16.7%-9.9% -6.8 pts
2 years-28.0%-13.6% -14.5 pts
3 years+3.7%+14.2% -10.4 pts
5 years-10.0%+27.9% -37.9 pts
214 mutual fund schemes hold about ₹18,623 Cr. Over three months 34 bought more and 161 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Aggressive Hybrid Fund2.31%2,048 +43%
ICICI Pru Aggressive Hybrid Fund(A2.62%1,375 +2%
SBI Large Cap Fundd2.18%1,201 -7%
ICICI Pru Balanced Advantage Fund(M1.55%1,169 +28%
Nippon India Large Cap Fund2.13%1,156 -3%
ICICI Pru Flexi Cap Fund4.16%1,077 +2%
ICICI Pru Multi Asset Allocation Fund1.12%980 +18%
ICICI Pru Large Cap Fund1.09%878 +20%
ICICI Pru ELSS-Tax Saver Fund5.23%747 +1%
Nippon India Multi Cap Fund1.21%683 +74%
UTI Flexi Cap Fund2.71%654 -22%
ICICI Pru India Opp Fund0.93%355 +59%
Aditya Birla SL Large Cap Fund1.00%298 -9%
Aditya Birla SL Flexi Cap Fund0.96%280 -14%
ICICI Pru Nifty Next 50 Index Fund2.47%250 -10%
Nippon India ELSS Tax Saver Fund1.51%222 -6%
Kotak Small Cap Fund1.11%219 -11%
UTI Nifty Next 50 Index Fund2.48%187 -10%
Aditya Birla SL ELSS Tax Saver Fund1.27%185 -7%
Mirae Asset Large Cap Fund0.44%170 -6%
DSP Flexi Cap Fund1.26%158 -9%
Mahindra Manulife Multi Cap Fund2.02%154 +1%
Aditya Birla SL Consumption Fund2.44%149 -9%
ICICI Pru Dividend Yield Fund2.18%146 +7%
Axis Large Cap Fund0.44%139 -25%

Red flags

F-score 4 of 8
lookRegulator order or action Regulator order or action 2026-08-26: Avenue Supermarts Limited has informed the Exchange about Action(s) taken or orders passed
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-04-16Satyaraj Sudhakaran-other3,100Rs 0.09 CrESOP
2026-04-16Vijay Sahadeo Chikane-other3,240Rs 0.10 CrESOP
2026-04-16Harish Parmanand Joshi-other11,025Rs 0.33 CrESOP
2026-04-16Umesh Gopal Ahuja-other33,600Rs 1.00 CrESOP
2026-04-16Sampath kumar-other3,780Rs 0.11 CrESOP
2026-04-16Elvin Elias MachadoDirectorother20,000Rs 0.60 CrESOP
2026-04-16Ashu GuptaKey Managerial Personnelother15,000Rs 0.45 CrESOP
2026-03-27Santosh Nagnath Kadam-other2,000Rs 0.06 CrESOP
2026-03-27Vishal Magar-other1,060Rs 0.03 CrESOP
2026-03-27Mangesh Ghorpade-other2,350Rs 0.07 CrESOP
2026-03-27Parag B Lokhande-other22,400Rs 0.67 CrESOP
2026-03-27Ashu GuptaKey Managerial Personnelother2,600Rs 0.08 CrESOP
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹18,795 Cr +14.9% vs Jun 2025. Net profit ₹860 Cr +11.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2021-08-09 Annual General Meeting
2020-08-24 Annual General Meeting
2019-08-09 Annual General Meeting
2018-08-20 Annual General Meeting
2017-08-29 Annual General Meeting
DateTypeWhat it says
2026-09-30General UpdatesAllotment of Commercial Paper of Rs. 500 crores
2026-09-29UpdatesRepayment of Commercial Paper.
2026-09-28UpdatesRepayment Of Commercial Paper.
2026-09-25UpdatesStore Opening Intimation.
2026-09-24UpdatesStore Opening Intimation.
2026-09-23UpdatesStore Opening.
2026-09-22UpdatesStore Opening Intimation.
2026-09-20UpdatesStore Opening Intimation.
2026-09-19UpdatesStore Opening Intimation.
2026-09-17UpdatesStore Opening Intimation.
2026-09-11General UpdatesReceipt of no-objection letter for reclassification from Promoter Group to Public category under Regulation 31A of the SEBI (Listing Obligations
2026-09-08General UpdatesAllotment of Commercial Paper of Rs. 300 crores
2026-09-07UpdatesRepayment of Commercial Paper.
2026-09-07UpdatesStore Opening .
2026-09-01ESOP grantVesting of stock options under Avenue Supermarts Limited Employee Stock Option Scheme 2023
2026-08-31Credit Rating- NewCredit Rating by Crisil Ratings Limited for Non-Convertible Debentures
2026-08-27General UpdatesESG Rating by SES ESG Research Pvt. Ltd.
2026-08-26Regulatory actionAction(s) taken or orders passed
2026-08-24Credit Rating- NewCredit Rating by ICRA Limited for Non-Convertible Debentures
2026-08-21UpdatesStore Opening Intimation.
2026-08-21Shareholder meetingVoting results.
2026-08-20General UpdatesAllotment of Commercial Paper of Rs. 200 crores
2026-08-20UpdatesStore Opening.
2026-08-19Shareholder meetingProceedings of Annual General Meeting held on August 19, 2026
2026-08-11General UpdatesAllotment of Commercial Paper of Rs. 300 crores
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.74
Max pain (expiry 2026-10-27)3,800
Largest call open interest at4,000
Largest put open interest at3,800
Implied volatility, at the money32.0%
Underlying at snapshot3,813.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2017-08-18CESTATAVENUE SUPERMARTS PVT LTD ---VS.--- COMMISSIONER OF CUSTOMS(ADJ.) ADJUDICATION NEW DELHI
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Scrip PE is greater than 50 (4 trailing quarters)
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03