Stock Analysis

Avenue Supermarts Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St

May 07, 2024

Avenue Supermarts (NSE:DMART) Full Year 2024 Results

Key Financial Results

Revenue: ₹507.9b (up 19% from FY 2023).
Net income: ₹25.4b (up 6.6% from FY 2023).
Profit margin: 5.0% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: ₹38.99 (up from ₹36.72 in FY 2023).

revenue-and-expenses-breakdown — NSEI:DMART Revenue and Expenses Breakdown May 7th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Avenue Supermarts EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%.

In the last 12 months, the only revenue segment was Retail Trades through Offline and Online Channels contributing ₹507.9b. Notably, cost of sales worth ₹432.7b amounted to 85% of total revenue thereby underscoring the impact on earnings.Explore how DMART's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Consumer Retailing industry in Asia.

Performance of the market in India.

The company's shares are up 2.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Avenue Supermarts you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.