Avenue Supermarts Limited

NSEI:DMART Stock Report

Market Cap: ₹2.4t

Avenue Supermarts Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Ignatius Noronha

Chief executive officer

₹50.2m

Total compensation

CEO salary percentage98.5%
CEO tenure19.1yrs
CEO ownership2.0%
Management average tenure1.1yrs
Board average tenure9.2yrs

Recent management updates

Recent updates

Avenue Supermarts Limited (NSE:DMART) Not Lagging Industry On Growth Or Pricing

Jan 14
Avenue Supermarts Limited (NSE:DMART) Not Lagging Industry On Growth Or Pricing

Avenue Supermarts Limited Just Missed Earnings - But Analysts Have Updated Their Models

Jan 14
Avenue Supermarts Limited Just Missed Earnings - But Analysts Have Updated Their Models

Avenue Supermarts' (NSE:DMART) Returns On Capital Not Reflecting Well On The Business

Dec 26
Avenue Supermarts' (NSE:DMART) Returns On Capital Not Reflecting Well On The Business

Avenue Supermarts Limited's (NSE:DMART) P/S Is On The Mark

Oct 04
Avenue Supermarts Limited's (NSE:DMART) P/S Is On The Mark

Avenue Supermarts (NSE:DMART) Is Reinvesting At Lower Rates Of Return

Sep 19
Avenue Supermarts (NSE:DMART) Is Reinvesting At Lower Rates Of Return

With EPS Growth And More, Avenue Supermarts (NSE:DMART) Makes An Interesting Case

Sep 05
With EPS Growth And More, Avenue Supermarts (NSE:DMART) Makes An Interesting Case

This Is Why We Think Avenue Supermarts Limited's (NSE:DMART) CEO Might Get A Pay Rise Approved By Shareholders

Aug 23
This Is Why We Think Avenue Supermarts Limited's (NSE:DMART) CEO Might Get A Pay Rise Approved By Shareholders

Is Avenue Supermarts (NSE:DMART) Using Too Much Debt?

Aug 15
Is Avenue Supermarts (NSE:DMART) Using Too Much Debt?

Analyst Estimates: Here's What Brokers Think Of Avenue Supermarts Limited (NSE:DMART) After Its First-Quarter Report

Jul 15
Analyst Estimates: Here's What Brokers Think Of Avenue Supermarts Limited (NSE:DMART) After Its First-Quarter Report

Avenue Supermarts Limited's (NSE:DMART) P/S Is On The Mark

Jun 07
Avenue Supermarts Limited's (NSE:DMART) P/S Is On The Mark

Be Wary Of Avenue Supermarts (NSE:DMART) And Its Returns On Capital

May 23
Be Wary Of Avenue Supermarts (NSE:DMART) And Its Returns On Capital

Analyst Estimates: Here's What Brokers Think Of Avenue Supermarts Limited (NSE:DMART) After Its Full-Year Report

May 06
Analyst Estimates: Here's What Brokers Think Of Avenue Supermarts Limited (NSE:DMART) After Its Full-Year Report

Shareholders Should Be Pleased With Avenue Supermarts Limited's (NSE:DMART) Price

Mar 02
Shareholders Should Be Pleased With Avenue Supermarts Limited's (NSE:DMART) Price

Capital Allocation Trends At Avenue Supermarts (NSE:DMART) Aren't Ideal

Feb 16
Capital Allocation Trends At Avenue Supermarts (NSE:DMART) Aren't Ideal

CEO Compensation Analysis

How has Ignatius Noronha's remuneration changed compared to Avenue Supermarts's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

₹27b

Sep 30 2024n/an/a

₹27b

Jun 30 2024n/an/a

₹27b

Mar 31 2024₹50m₹49m

₹25b

Dec 31 2023n/an/a

₹24b

Sep 30 2023n/an/a

₹23b

Jun 30 2023n/an/a

₹24b

Mar 31 2023₹46m₹45m

₹24b

Dec 31 2022n/an/a

₹23b

Sep 30 2022n/an/a

₹23b

Jun 30 2022n/an/a

₹20b

Mar 31 2022₹46m₹45m

₹15b

Dec 31 2021n/an/a

₹15b

Sep 30 2021n/an/a

₹14b

Jun 30 2021n/an/a

₹12b

Mar 31 2021₹46m₹44m

₹11b

Dec 31 2020n/an/a

₹10b

Sep 30 2020n/an/a

₹9b

Jun 30 2020n/an/a

₹10b

Mar 31 2020₹46m₹44m

₹13b

Dec 31 2019n/an/a

₹12b

Sep 30 2019n/an/a

₹11b

Jun 30 2019n/an/a

₹10b

Mar 31 2019₹46m₹44m

₹9b

Mar 31 2018₹46m₹44m

₹8b

Compensation vs Market: Ignatius's total compensation ($USD579.49K) is below average for companies of similar size in the Indian market ($USD1.16M).

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

CEO

Ignatius Noronha (48 yo)

19.1yrs

Tenure

₹50,219,868

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...

Leadership Team

NamePositionTenureCompensationOwnership
Ignatius Noronha
CEO, MD & Directorno data₹50.22m1.98%
₹ 47.2b
Ramakant Baheti
Group CFO & Whole-Time Director6.8yrs₹10.43m0.38%
₹ 9.0b
Elvin Machado
Director of Business Development & Whole-Time Directorno data₹124.23m0.047%
₹ 1.1b
Niladri Deb
Chief Financial Officer6.8yrs₹17.71mno data
Parvez Vandrewala
Chief Operating Officerless than a yearno datano data
Amit Jain
Chief Operating Officerless than a yearno datano data
Biswabrata Chakravorty
Chief Digital & Information Officer1.1yrsno datano data
Rushabh Ghiya
AVP of Investor Relationsno datano datano data
Ashu Gupta
Company Secretary & Compliance Officerno data₹12.37m0.014%
₹ 337.4m
Pallavi Bakshi
Group Chief Human Resources Officer1.3yrsno datano data
Narayanan Bhaskaran
Chief Operating Officer of Retail & Whole-time Directorno data₹12.47m0.076%
₹ 1.8b
Hitesh Shah
VP of FMCG & Head of Pharma Businessless than a year₹4.46m0.066%
₹ 1.6b

1.1yrs

Average Tenure

49yo

Average Age

Experienced Management: DMART's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ignatius Noronha
CEO, MD & Director19.1yrs₹50.22m1.98%
₹ 47.2b
Ramakant Baheti
Group CFO & Whole-Time Director19.1yrs₹10.43m0.38%
₹ 9.0b
Elvin Machado
Director of Business Development & Whole-Time Director9.7yrs₹124.23m0.047%
₹ 1.1b
Narayanan Bhaskaran
Chief Operating Officer of Retail & Whole-time Directorless than a year₹12.47m0.076%
₹ 1.8b
Chandrashekhar Bhave
Non- Executive Independent Chairman8.8yrs₹4.85mno data
Harishchandra Meghraj Bharuka
Independent Director1.1yrs₹865.03kno data
Manjri Chandak
Non-Executive Non-Independent Director13.9yrs₹1.66m38.48%
₹ 917.6b
Kalpana Unadkat
Non Executive Independent Director6.6yrs₹4.40mno data

9.2yrs

Average Tenure

52yo

Average Age

Experienced Board: DMART's board of directors are considered experienced (9.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 21:19
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Avenue Supermarts Limited is covered by 45 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Nihal JhamAmbit Capital
null nullAntique Stockbroking Ltd.