Avenue Supermarts Ltd
Avenue Supermarts Limited (DMart) is a national supermarket chain, with a focus on value-retailing. We offer a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise
& Apparel product categories.[1]
- Market Cap ₹ 3,31,653 Cr.
- Current Price ₹ 5,096
- High / Low ₹ 5,485 / 3,616
- Stock P/E 118
- Book Value ₹ 296
- Dividend Yield 0.00 %
- ROCE 19.8 %
- ROE 15.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 23.6% CAGR over last 5 years
- Company's median sales growth is 27.6% of last 10 years
Cons
- Stock is trading at 17.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,335 | 4,681 | 6,434 | 8,575 | 11,881 | 15,009 | 19,916 | 24,675 | 23,787 | 30,352 | 41,833 | 49,533 | 51,660 | |
3,124 | 4,346 | 5,983 | 7,918 | 10,917 | 13,672 | 18,274 | 22,553 | 22,044 | 27,849 | 38,172 | 45,432 | 47,376 | |
Operating Profit | 210 | 335 | 450 | 657 | 964 | 1,337 | 1,642 | 2,122 | 1,743 | 2,504 | 3,661 | 4,101 | 4,284 |
OPM % | 6% | 7% | 7% | 8% | 8% | 9% | 8% | 9% | 7% | 8% | 9% | 8% | 8% |
17 | 19 | 23 | 19 | 30 | 73 | 51 | 63 | 207 | 139 | 161 | 187 | 194 | |
Interest | 42 | 55 | 72 | 91 | 122 | 59 | 47 | 63 | 34 | 40 | 48 | 44 | 46 |
Depreciation | 46 | 56 | 81 | 97 | 126 | 155 | 199 | 340 | 371 | 421 | 543 | 633 | 663 |
Profit before tax | 139 | 242 | 321 | 488 | 747 | 1,196 | 1,448 | 1,783 | 1,545 | 2,182 | 3,231 | 3,611 | 3,768 |
Tax % | 33% | 34% | 34% | 35% | 35% | 34% | 35% | 24% | 25% | 26% | 21% | 25% | |
93 | 160 | 211 | 318 | 483 | 785 | 936 | 1,350 | 1,165 | 1,616 | 2,556 | 2,695 | 2,812 | |
EPS in Rs | 1.70 | 2.92 | 3.75 | 5.66 | 7.73 | 12.57 | 15.00 | 20.84 | 17.99 | 24.95 | 39.43 | 41.41 | 43.21 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 27% |
5 Years: | 20% |
3 Years: | 28% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 33% |
5 Years: | 24% |
3 Years: | 32% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 6% |
1 Year: | 39% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 14% |
3 Years: | 15% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 544 | 547 | 562 | 562 | 624 | 624 | 624 | 648 | 648 | 648 | 648 | 651 |
Reserves | 242 | 404 | 631 | 950 | 3,213 | 4,019 | 4,970 | 10,488 | 11,658 | 13,276 | 15,854 | 18,630 |
525 | 624 | 888 | 1,177 | 1,481 | 439 | 695 | 280 | 296 | 416 | 439 | 464 | |
180 | 217 | 267 | 392 | 484 | 531 | 708 | 668 | 1,046 | 1,064 | 1,302 | 1,822 | |
Total Liabilities | 1,490 | 1,791 | 2,348 | 3,082 | 5,802 | 5,612 | 6,998 | 12,084 | 13,646 | 15,404 | 18,244 | 21,566 |
922 | 1,169 | 1,510 | 2,065 | 2,549 | 3,256 | 4,234 | 5,735 | 6,721 | 8,829 | 10,837 | 13,009 | |
CWIP | 107 | 78 | 92 | 82 | 153 | 147 | 377 | 362 | 1,006 | 1,073 | 829 | 930 |
Investments | 20 | 17 | 17 | 30 | 37 | 181 | 212 | 287 | 402 | 532 | 977 | 1,071 |
441 | 527 | 730 | 905 | 3,064 | 2,028 | 2,175 | 5,699 | 5,517 | 4,970 | 5,601 | 6,556 | |
Total Assets | 1,490 | 1,791 | 2,348 | 3,082 | 5,802 | 5,612 | 6,998 | 12,084 | 13,646 | 15,404 | 18,244 | 21,566 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
128 | 206 | 207 | 425 | 449 | 723 | 853 | 1,287 | 1,385 | 1,315 | 2,678 | 2,743 | |
-232 | -266 | -461 | -625 | -2,475 | 432 | -998 | -4,700 | -1,155 | -1,292 | -2,442 | -2,584 | |
118 | 53 | 238 | 196 | 2,024 | -1,122 | 201 | 3,384 | -140 | -121 | -132 | -87 | |
Net Cash Flow | 14 | -8 | -16 | -3 | -2 | 34 | 56 | -29 | 90 | -98 | 103 | 72 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 3 |
Inventory Days | 33 | 33 | 35 | 33 | 34 | 33 | 34 | 33 | 39 | 36 | 31 | 32 |
Days Payable | 12 | 12 | 9 | 10 | 10 | 9 | 10 | 8 | 10 | 7 | 7 | 8 |
Cash Conversion Cycle | 22 | 22 | 27 | 23 | 25 | 25 | 25 | 26 | 30 | 32 | 26 | 27 |
Working Capital Days | 19 | 9 | 14 | 11 | 9 | 16 | 17 | 23 | 24 | 25 | 22 | 27 |
ROCE % | 15% | 21% | 21% | 24% | 22% | 24% | 26% | 21% | 13% | 16% | 21% | 20% |
Documents
Announcements
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Disclosure Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015
24 Sep - Construction site sealed; penalty of Rs. 2,00,000 imposed.
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Store Opening Intimation
18 Sep - Opened new store in Narasaraopet, total stores now 377.
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Store Opening Intimation
14 Sep - Opened new store in Sagar, Madhya Pradesh.
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Disclosure Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015
14 Sep - Penalty of Rs. 5,000 for hygiene issues at store.
- Closure of Trading Window 9 Sep
Annual reports
Concalls
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Aug 2024TranscriptPPTREC
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Jul 2024TranscriptNotesPPT REC
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May 2024TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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Aug 2023TranscriptPPT
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Aug 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Oct 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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Jul 2021Transcript PPT
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Aug 2020Transcript PPT
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Jan 2020TranscriptNotesPPT
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Jun 2019Transcript PPT
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Jun 2018TranscriptNotesPPT
Store Network[1][2]
As of Dec,23 Co. operates 366 stores across 22 cities and one union territory with an 11.8 million square ft retail business area. AVL has its highest presence in Maharashtra with 103 stores and followed by Gujarat with 57 stores and Telangana with 36 stores.