Corporate Actions
Avenue Supermarts gains after foreign broker raises price target

18-Sep-25   14:58 Hrs IST
The brokerage described Avenue Supermarts as a major compounder in India's consumption story and expects the company to enter a phase of significant rollout acceleration. It noted that DMart is strengthening its e-commerce business, while steady growth in Same Store Sales ' which rose in high single digits last year ' has eased concerns about competition from quick commerce players.

According to the brokerage, Avenue Supermarts stands to benefit from the nearly $60 billion organised grocery retail market. It projects that the slow and steady penetration of organised retail could allow DMart to grow structurally between 18% to 22% over the long term, supporting the stock's elevated valuations.

Mumbai-based Avenue Supermarts operates the DMart retail chain, a national supermarket network offering a wide range of home and personal products under one roof. Its stores focus on three key categories ' food, FMCG (non-foods), and general merchandise including apparel.

The company's consolidated net profit fell 0.11% to Rs 772.97 crore despite a 16.28% jump in revenue from operations to Rs 16,359.70 crore in Q1 FY26 over Q1 FY25.

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