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DMAR

Avenue SupermartsNSEI:DMART Stock Report

Market Cap

₹3.1t

7D

-7.1%

1Y

106.1%

Updated

28 Nov, 2021

Data

Company Financials +
DMART fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance3/6
Financial Health6/6
Dividends0/6

DMART Stock Overview

Avenue Supermarts Limited operates in the business of organized retail and operates supermarkets under the brand name of D-Mart.

Avenue Supermarts Competitors

Osia Hyper Retail

NSEI:OSIAHYPER

₹1.1b

Amazon.com

NasdaqGS:AMZN

US$1.8t

Trent

BSE:500251

₹367.8b

V-Mart Retail

BSE:534976

₹75.3b

Price History & Performance

Summary of all time highs, changes and price drops for Avenue Supermarts
Historical stock prices
Current Share Price₹4,718.75
52 Week High₹5,900.00
52 Week Low₹2,315.00
Beta0.093
1 Month Change1.80%
3 Month Change21.36%
1 Year Change106.13%
3 Year Change216.16%
5 Year Changen/a
Change since IPO635.47%

Recent News & Updates

Oct 27
If You Like EPS Growth Then Check Out Avenue Supermarts (NSE:DMART) Before It's Too Late

If You Like EPS Growth Then Check Out Avenue Supermarts (NSE:DMART) Before It's Too Late

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

DMARTIN Consumer RetailingIN Market
7D-7.1%-7.1%-3.3%
1Y106.1%105.3%43.0%

Return vs Industry: DMART matched the Indian Consumer Retailing industry which returned 105.3% over the past year.

Return vs Market: DMART exceeded the Indian Market which returned 43% over the past year.

Price Volatility

Is DMART's price volatile compared to industry and market?
DMART volatility
DMART Average Weekly Movement5.6%
Consumer Retailing Industry Average Movement7.2%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market3.8%

Stable Share Price: DMART is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: DMART's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200010,175Ignatius Noronhahttps://www.dmartindia.com

Avenue Supermarts Limited operates in the business of organized retail and operates supermarkets under the brand name of D-Mart. It offers food products, including groceries, staples, processed foods, dairy and frozen products, beverages and confectionery products, and fruits and vegetables; non-food products comprising home care and personal care products, toiletries, and other over the counter products; and general merchandise and apparel products, such as bed and bath products, toys and games, crockery, plastic goods, garments, footwear, utensils, and home appliances. The company is also involved in the online retail of food products and groceries.

Avenue Supermarts Fundamentals Summary

How do Avenue Supermarts's earnings and revenue compare to its market cap?
DMART fundamental statistics
Market Cap₹3.06t
Earnings (TTM)₹13.74b
Revenue (TTM)₹279.26b

222.5x

P/E Ratio

10.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DMART income statement (TTM)
Revenue₹279.26b
Cost of Revenue₹239.00b
Gross Profit₹40.26b
Expenses₹26.52b
Earnings₹13.74b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)21.21
Gross Margin14.42%
Net Profit Margin4.92%
Debt/Equity Ratio0.04%

How did DMART perform over the long term?

See historical performance and comparison

Valuation

Is Avenue Supermarts undervalued compared to its fair value and its price relative to the market?

222.46x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DMART (₹4718.75) is trading above our estimate of fair value (₹242.63)

Significantly Below Fair Value: DMART is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DMART is poor value based on its PE Ratio (222.5x) compared to the Indian Consumer Retailing industry average (16.1x).

PE vs Market: DMART is poor value based on its PE Ratio (222.5x) compared to the Indian market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: DMART is poor value based on its PEG Ratio (6.1x)


Price to Book Ratio

PB vs Industry: DMART is overvalued based on its PB Ratio (24.1x) compared to the IN Consumer Retailing industry average (1.2x).


Future Growth

How is Avenue Supermarts forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

36.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DMART's forecast earnings growth (36.5% per year) is above the savings rate (6.7%).

Earnings vs Market: DMART's earnings (36.5% per year) are forecast to grow faster than the Indian market (20.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DMART's revenue (29.4% per year) is forecast to grow faster than the Indian market (12.7% per year).

High Growth Revenue: DMART's revenue (29.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DMART's Return on Equity is forecast to be low in 3 years time (17.7%).


Past Performance

How has Avenue Supermarts performed over the past 5 years?

13.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DMART has a high level of non-cash earnings.

Growing Profit Margin: DMART's current net profit margins (4.9%) are higher than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: DMART's earnings have grown by 13.5% per year over the past 5 years.

Accelerating Growth: DMART's earnings growth over the past year (53.7%) exceeds its 5-year average (13.5% per year).

Earnings vs Industry: DMART earnings growth over the past year (53.7%) underperformed the Consumer Retailing industry 82.3%.


Return on Equity

High ROE: DMART's Return on Equity (10.8%) is considered low.


Financial Health

How is Avenue Supermarts's financial position?


Financial Position Analysis

Short Term Liabilities: DMART's short term assets (₹38.0B) exceed its short term liabilities (₹11.6B).

Long Term Liabilities: DMART's short term assets (₹38.0B) exceed its long term liabilities (₹4.8B).


Debt to Equity History and Analysis

Debt Level: DMART has more cash than its total debt.

Reducing Debt: DMART's debt to equity ratio has reduced from 50% to 0.04% over the past 5 years.

Debt Coverage: DMART's debt is well covered by operating cash flow (23121.8%).

Interest Coverage: DMART earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Avenue Supermarts's current dividend yield, its reliability and sustainability?

0.023%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DMART's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DMART's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DMART's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DMART's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DMART's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.5yrs

Average board tenure


CEO

Ignatius Noronha (45 yo)

no data

Tenure

₹45,535,836

Compensation

Mr. Ignatius Navil Noronha serves as the Managing Director and Chief Executive Officer of Avenue Supermarts Limited and has been its Director since January 2, 2006. He has several years of experience in th...


CEO Compensation Analysis

Compensation vs Market: Ignatius's total compensation ($USD606.73K) is below average for companies of similar size in the Indian market ($USD1.13M).

Compensation vs Earnings: Ignatius's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: DMART's board of directors are considered experienced (8.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DMART insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Avenue Supermarts Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Avenue Supermarts Limited
  • Ticker: DMART
  • Exchange: NSEI
  • Founded: 2000
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: ₹3.057t
  • Shares outstanding: 647.77m
  • Website: https://www.dmartindia.com

Number of Employees


Location

  • Avenue Supermarts Limited
  • B - 72/72A
  • Wagle Industrial Estate
  • Mumbai
  • Maharashtra
  • 400604
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/28 12:05
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.