DMART

Avenue Supermarts Limited

India's largest value-retail supermarket chain, run on everyday-low-price, low-cost economics

Consumer Discretionary›Consumer Services›Retailing›Diversified Retail

dmartindia.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹3342.00
Market cap
2,17,982 Cr
Stock P/E
69.9
P/B
8.35
ROE (FY26)
12.1%
ROCE (FY26)
15.7%
Operating margin (FY26)
6.0%
Debt / equity (FY26)
0.10
OCF / EBITDA (FY26)
66.8%
OCF / EBITDA (3Y)
63.0%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

DMart (Avenue Supermarts) runs value-retail supermarkets in India that sell groceries, everyday household goods, general merchandise and apparel to mass-market shoppers, mostly from stores it builds on land it buys.

Company snapshot

1stBy market cap

Ranked among 13 companies in Diversified Retail.

What we see

Positives
  • ✓Debt-to-equity of 0.10x — the company is largely funded by its own money, not borrowed funds.
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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Sales13,572 Cr12,727 Cr14,069 Cr14,445 Cr15,973 Cr14,872 Cr16,360 Cr16,676 Cr18,101 Cr17,684 Cr18,795 Cr19,644 Cr
Operating expenses (approx.)12,453 Cr11,783 Cr12,848 Cr13,351 Cr14,755 Cr13,917 Cr15,061 Cr15,463 Cr16,638 Cr16,473 Cr17,295 Cr18,251 Cr
EBITDA1,120 Cr944 Cr1,221 Cr1,094 Cr1,217 Cr955 Cr1,299 Cr1,214 Cr1,463 Cr1,211 Cr1,499 Cr1,393 Cr
OPM %8.3%7.4%8.7%7.6%7.6%6.4%7.9%7.3%8.1%6.8%8.0%7.1%
Other income33 Cr38 Cr42 Cr34 Cr24 Cr25 Cr19 Cr20 Cr17 Cr18 Cr26 Cr14 Cr
Interest15 Cr13 Cr16 Cr16 Cr18 Cr19 Cr29 Cr35 Cr37 Cr41 Cr54 Cr64 Cr
Depreciation189 Cr205 Cr193 Cr208 Cr228 Cr241 Cr232 Cr253 Cr268 Cr284 Cr288 Cr318 Cr
Profit before tax949 Cr763 Cr1,054 Cr903 Cr995 Cr720 Cr1,057 Cr945 Cr1,175 Cr904 Cr1,183 Cr1,025 Cr
Tax %27.2%26.2%26.6%27.0%27.3%23.5%26.9%27.5%27.2%27.4%27.3%27.5%
Net profit690 Cr563 Cr774 Cr659 Cr724 Cr551 Cr773 Cr685 Cr856 Cr656 Cr860 Cr743 Cr
EPS (₹)₹10.62₹8.66₹11.89₹10.14₹11.12₹8.47₹11.88₹10.53₹13.15₹10.09₹13.20₹11.40

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales11,898 Cr15,033 Cr20,005 Cr24,870 Cr24,143 Cr30,976 Cr42,840 Cr50,789 Cr59,358 Cr68,821 CrSign in free for the trailing twelve months
Operating expenses (approx.)10,916 Cr13,680 Cr18,371 Cr22,742 Cr22,400 Cr28,478 Cr39,203 Cr46,685 Cr54,871 Cr63,634 CrSign in free for the trailing twelve months
EBITDA981 Cr1,353 Cr1,633 Cr2,128 Cr1,743 Cr2,499 Cr3,637 Cr4,104 Cr4,487 Cr5,187 CrSign in free for the trailing twelve months
OPM %8.2%9.0%8.2%8.6%7.2%8.1%8.5%8.1%7.6%7.5%Sign in free for the trailing twelve months
Other income29 Cr69 Cr48 Cr60 Cr196 Cr117 Cr129 Cr146 Cr124 Cr74 CrSign in free for the trailing twelve months
Interest122 Cr60 Cr47 Cr69 Cr42 Cr54 Cr67 Cr58 Cr69 Cr142 CrSign in free for the trailing twelve months
Depreciation128 Cr159 Cr212 Cr374 Cr414 Cr498 Cr639 Cr731 Cr870 Cr1,037 CrSign in free for the trailing twelve months
Profit before tax747 Cr1,222 Cr1,422 Cr1,745 Cr1,483 Cr2,064 Cr3,060 Cr3,461 Cr3,673 Cr4,082 CrSign in free for the trailing twelve months
Tax %35.9%34.0%36.5%25.4%25.9%27.7%22.3%26.7%26.3%27.2%Sign in free for the trailing twelve months
Net profit479 Cr806 Cr902 Cr1,301 Cr1,099 Cr1,492 Cr2,378 Cr2,536 Cr2,707 Cr2,970 CrSign in free for the trailing twelve months
EPS (₹)₹8.49₹12.92₹14.46₹20.71₹16.97₹23.04₹36.72₹38.99₹41.61₹45.65Sign in free for the trailing twelve months
Dividend payout %————0.0%0.0%0.0%0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital624 Cr624 Cr624 Cr648 Cr648 Cr648 Cr648 Cr651 Cr651 Cr652 Cr
Reserves3,218 Cr4,045 Cr4,963 Cr10,432 Cr11,536 Cr13,030 Cr15,430 Cr18,047 Cr20,777 Cr23,812 Cr
Borrowings1,120 Cr253 Cr430 Cr299 Cr—647 Cr643 Cr592 Cr820 Cr2,425 Cr
Other liabilities858 Cr725 Cr988 Cr697 Cr1,472 Cr1,148 Cr1,385 Cr1,888 Cr2,074 Cr2,637 Cr
Total liabilities5,819 Cr5,648 Cr7,006 Cr12,076 Cr13,656 Cr15,473 Cr18,106 Cr21,177 Cr24,320 Cr29,524 Cr
Fixed assets (net)2,544 Cr3,276 Cr4,274 Cr5,107 Cr5,939 Cr7,770 Cr9,726 Cr11,759 Cr14,350 Cr17,587 Cr
CWIP153 Cr147 Cr377 Cr364 Cr1,020 Cr1,129 Cr829 Cr935 Cr1,099 Cr1,300 Cr
Investments26 Cr68 Cr35 Cr31 Cr13 Cr15 Cr211 Cr115 Cr11 Cr11 Cr
Inventories948 Cr1,163 Cr1,609 Cr1,947 Cr2,248 Cr2,743 Cr3,243 Cr3,927 Cr5,044 Cr5,901 Cr
Trade receivables21 Cr34 Cr64 Cr20 Cr44 Cr67 Cr62 Cr166 Cr154 Cr149 Cr
Cash & bank33 Cr67 Cr125 Cr106 Cr192 Cr95 Cr207 Cr337 Cr355 Cr284 Cr
Other assets2,095 Cr893 Cr522 Cr4,501 Cr4,202 Cr3,653 Cr3,828 Cr3,937 Cr3,307 Cr4,292 Cr
Total assets5,819 Cr5,648 Cr7,006 Cr12,076 Cr13,656 Cr15,473 Cr18,106 Cr21,177 Cr24,320 Cr29,524 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity455 Cr730 Cr807 Cr1,280 Cr1,375 Cr1,372 Cr2,630 Cr2,746 Cr2,463 Cr3,467 Cr
Cash from investing-2,482 Cr462 Cr-958 Cr-4,657 Cr-1,110 Cr-1,289 Cr-2,313 Cr-2,468 Cr-2,185 Cr-4,207 Cr
Cash from financing2,025 Cr-1,159 Cr209 Cr3,357 Cr-179 Cr-179 Cr-205 Cr-148 Cr-259 Cr288 Cr
Net cash flow-1 Cr33 Cr57 Cr-19 Cr86 Cr-96 Cr112 Cr130 Cr18 Cr-452 Cr
Free cash flow (OCF − Capex)-190 Cr-186 Cr-610 Cr-432 Cr-654 Cr-1,038 Cr418 Cr15 Cr-960 Cr-647 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %17.5%26.0%24.4%15.9%12.5%14.8%18.7%18.2%16.8%15.7%
ROE %12.5%17.3%16.2%11.7%9.0%10.9%14.8%13.6%12.6%12.1%
Debtor days1110111111
Inventory days29282929343228283131
Days payable8886976777
Cash conversion cycle22212223262622222525
OCF / EBITDA %46.4%54.0%49.4%60.1%78.9%54.9%72.3%66.9%54.9%66.8%
OCF / EBITDA % (3 years)——50.2%55.1%62.9%63.2%68.3%65.9%64.1%63.0%
Debt / equity0.290.050.080.03—0.050.040.030.040.10
Current ratio3.152.881.703.233.672.833.713.132.891.98
Net debt / EBITDA1.11—0.190.09-0.110.220.120.060.100.41