Avenue Supermarts Ltd Share Price

DMart’s Slow Bet Could Eventually Pay Off

Quick commerce is reshaping retail, but DMart is refusing to join the 10-minute delivery race. DMart Ready has cut its presence from 24 cities in FY25-26 to 11 in Q1FY27, exiting weak markets. While Blinkit, Instamart and Zepto chase expansion, DMart is focusing on profitable clusters, carefully, a The online business remains loss-making. DMart Ready reported revenue of Rs 4,093.61 crore and a consolidated loss of Rs 306.53 crore in FY26, versus revenue of Rs 1,667.21 crore and a loss of about Rs 142 crore in FY22. Yet its PBT margin improved from -8.52% to -7.49%. DMart’s financial strength is a major advantage. In Q1FY27, consolidated EBITDA was Rs 1,527 crore, with an 8.3% margin, while PAT was Rs 936 crore, at a 5.1% margin. This gives it room to absorb online losses. Delivery economics favour DMart. For some quick-commerce players, delivery costs can equal 12-15% of a Rs 200 basket. DMart Ready’s estimated burden is only about 1.5% on a Rs 2,000 order. Its slower model suits planned, larger household purchases better than impulse buying. The bigger issue is its core business. DMart reached 503 stores and more than 20.7 million sq ft of retail space, with management targeting about 1,000 stores by 2030. However, older stores in large metros were flat in Q1FY27, while non-metros grew. This suggests quick commerce is challenging DMart. Valuation is another concern. DMart’s EV/EBITDA stood at 45.8x, while ROCE and ROE were 17.18% and 12.94%. The stock is expensive. For shareholders, the picture is mixed but potentially positive. Avoiding a costly delivery war can protect margins, while expansion can sustain growth. The risks are slower digital growth and metro market-share pressure. If DMart improves Ready’s margins without abandoning its value proposition, its “slow” strategy could create sustainable shareholder value.

See More

Bernstein favours selective bets amid slower growth

Bernstein’s latest India portfolio reshuffle highlights a more selective investment approach as broader earnings momentum moderates and macro uncertainty remains elevated. The brokerage has added

, Paytm and Adani Ports while exiting Avenue Supermarts (DMart), indicating a preference for companies with visible company-specific catalysts rather than broad-based market exposure. Bernstein noted that NSE200 earnings growth slowed to around 8% in Q1 FY27 from 12.5% in the previous quarter, reinforcing the need for stock-specific opportunities. Eternal’s inclusion reflects its strong position in food delivery and quick commerce, with the brokerage seeing improving operating momentum and a strengthening competitive position. Paytm has been added as a potential beneficiary of a favourable outcome on merchant discount rates (MDR), which could support payment margins and earnings growth. Adani Ports, meanwhile, offers exposure to ports and logistics and is supported by a healthy balance sheet, pricing power and international operations. Bernstein has assigned targets of ₹350 for Eternal, ₹2,200 for Paytm and ₹1,973 for Adani Ports. In contrast, DMart’s exit reflects concerns over intensifying quick-commerce competition, urban consumption trends and the stock’s recent outperformance. Overall, the portfolio changes suggest that investors should focus on businesses with identifiable earnings triggers rather than expecting a broad-based market rally. While the selected stocks offer attractive company-specific opportunities, valuations, execution risks and a volatile macro environment remain key factors to monitor. Investors may therefore consider a selective approach, with preference for stocks where earnings visibility and catalysts support the investment thesis.

See More

AVENUE SUPERMARTS SHARES DECLINE OVER 3% AFTER BLOCK DEAL

Shares of Avenue Supermarts, the operator of the DMart retail chain, fell more than 3% on August 26 after a little over 1% of the company’s equity changed hands through a block deal. Around 69.1 lakh shares, representing approximately 1.06% of Avenue Supermarts’ outstanding equity, were traded in the transaction. Based on the prevailing market price, the stake is estimated to be worth around ₹2,600–2,700 crore. The identities of the buyers and sellers involved in the transaction were not immediately available. Avenue Supermarts shares were trading at around ₹3,781 in afternoon trade, down 3.3% from the previous close. Despite Wednesday’s decline, the stock has gained approximately 1.8% so far in 2026, outperforming the Nifty 50, which has declined 6.9% over the same period. At the current market price, Avenue Supermarts has a market capitalisation of approximately ₹2.47 lakh crore.

See More

5-Year Leadership Extension Boosts Vishal Mega Mart

The reappointment of MD & CEO of

Gunender Kapur for a five-year term (September 2026 to August 2031) addresses a major "key-man risk" for investors following recent senior management turnover in operations, FMCG, and supply chain. Promoter vs. Institutional Shifts: While promoter stake sales reduced ownership from 76% at listing to 40.1% after recent liquidations and lock-in expirations, institutional backing surged—with mutual fund holdings reaching 30.6% and foreign institutional ownership hitting 20.4%. Robust Q1FY27 Financial Performance: Revenue rose 19% year-on-year to ₹3,730 crore, supported by a 10% same-store sales growth (SSSG) and stable EBITDA margins of 14.6%. Growth at higher price points (14% SSSG) outperformed entry-level segments. Network Expansion & Private Label Success: The retailer added 24 net stores to reach 819 locations across 559 cities (13.8 million sq. ft.), with plans to expand small-format stores to 3,000 units. Private labels generated 75% of sales, supported by 175 million loyalty members. Emerging Risks & Valuation Pressure: The stock faces potential headwinds from a demanding valuation (42x FY28 estimated earnings), potential consumption slowdowns, quick-commerce scaling costs, and intensifying market competition from players like DMart and Zudio.

See More

Close crossing last Month High Strategy

Close crossing last Month High Strategy

is trading near its previous month high. • This strategy focuses on stocks that close above the previous month’s high, which often signals fresh momentum and strong buying interest. • A decisive close above this level indicates that the stock is breaking a key resistance zone,potentially starting a new upward trend. • Traders usually look for strong volume, market support, and the stock trading above important moving averages to confirm the breakout strength. • For risk management, many traders place a stop loss slightly below the breakout level while aiming to capture short to medium-term momentum moves. Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing

See More

Update for investors of !Avenue Supermarts

is currently trading at Rs. 4040.15, up by 35.15 points or 0.88% from its previous closing of Rs. 4005.00 on the BSE. The scrip opened at Rs. 4040.00 and has touched a high and low of Rs. 4064.00 and Rs. 4031.25 respectively. So far 43016 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4916.30 on 04-Sep-2025 and a 52 week low of Rs. 3528.65 on 02-Mar-2026. Last one week high and low of the scrip stood at Rs. 4085.00 and Rs. 3886.90 respectively. The current market cap of the company is Rs. 264042.22 crore. The promoters holding in the company stood at 74.48%, while Institutions and Non-Institutions held 17.97% and 7.55% respectively. Avenue Supermarts has raised Rs 300 crore through allotment of Commercial Paper. The instrument has a tenure of 90 days and carries a coupon rate of 6.70% per annum. The instrument is unsecured, rated ICRA A1+ and proposed to be listed on the BSE. Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.

See More