AVENUE SUPERMARTS Ltd (DMART) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↑

+0.03%

Short-term demand accumulation with positive intraday momentum.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 9.2%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 12.9%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 09 Nov 2026

50-Day DMA ● Overlay

₹3,346.62

200-Day DMA ● Overlay

₹3,103.86

14-Day RSI ● Overlay

52.1 (Neutral)

Trend Signal

Strong Bullish

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹2.49 Lakh Cr

Large cap

Stock P/E (TTM) Valuation

81.3x

Price / EPS

Book Value (₹) Assets

₹375.0

P/B: 10.2x

ROE (%) Quality

12.9%

Net Profit / Equity

ROCE (%) Efficiency

17.2%

EBIT / Capital

Dividend Yield Yield

0.00%

Face Value: ₹10

Debt / Equity Solvency

0.10x

Low Debt

EPS (TTM) Per Share

₹46.90

Trailing 12M

OPM (%) Spread

8.0%

EBITDA Margin

Free Cash Flow Cash

-₹646.00 Cr

CFO - Capex

About AVENUE SUPERMARTS Ltd

AVENUE SUPERMARTS Ltd (DMART) is an Indian publicly traded enterprise listed on the National Stock Exchange (NSE).

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 5.8% × Turnover: 0.85x × Leverage: 1.1x = ROE: 12.9%

✓ Company Strengths (Pros)

• Company has maintained a healthy low debt-to-equity ratio of 0.10.
• TickerPulse fundamental algorithm rates overall quality at 80/100.

⚠ Key Considerations & Risks (Cons)

• Stock is trading at a premium of 10.2x its book value.
• Commanding an elevated valuation multiple with P/E at 81.3x.

📑 10-Year Comprehensive Financial Statements

✓ 100% Coverage (15/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹71,256 Cr

Latest PAT

₹3,057 Cr

EPS (TTM)

₹46.90

OPM %

8.0%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹11,865 Cr	₹12,624 Cr	₹13,572 Cr	₹12,727 Cr	₹14,069 Cr	₹14,444 Cr	₹15,973 Cr	₹14,872 Cr	₹16,360 Cr	₹16,676 Cr	₹18,101 Cr	₹17,684 Cr	₹18,795 Cr
Operating Profit (EBITDA)	₹1,035 Cr	₹1,005 Cr	₹1,120 Cr	₹944.00 Cr	₹1,221 Cr	₹1,094 Cr	₹1,217 Cr	₹955.00 Cr	₹1,299 Cr	₹1,214 Cr	₹1,463 Cr	₹1,211 Cr	₹1,499 Cr
OPM %	9.0%	8.0%	8.0%	7.0%	9.0%	8.0%	8.0%	6.0%	8.0%	7.0%	8.0%	7.0%	8.0%
Interest Expense	₹15.00 Cr	₹16.00 Cr	₹15.00 Cr	₹13.00 Cr	₹16.00 Cr	₹16.00 Cr	₹18.00 Cr	₹19.00 Cr	₹29.00 Cr	₹35.00 Cr	₹37.00 Cr	₹41.00 Cr	₹54.00 Cr
Depreciation	₹162.00 Cr	₹174.00 Cr	₹189.00 Cr	₹205.00 Cr	₹193.00 Cr	₹208.00 Cr	₹228.00 Cr	₹241.00 Cr	₹232.00 Cr	₹253.00 Cr	₹268.00 Cr	₹284.00 Cr	₹288.00 Cr
Profit before Tax (PBT)	₹897.00 Cr	₹852.00 Cr	₹949.00 Cr	₹763.00 Cr	₹1,054 Cr	₹903.00 Cr	₹995.00 Cr	₹720.00 Cr	₹1,057 Cr	₹945.00 Cr	₹1,175 Cr	₹904.00 Cr	₹1,183 Cr
Net Profit (PAT)	₹659.00 Cr	₹623.00 Cr	₹690.00 Cr	₹563.00 Cr	₹774.00 Cr	₹659.00 Cr	₹724.00 Cr	₹551.00 Cr	₹773.00 Cr	₹685.00 Cr	₹856.00 Cr	₹656.00 Cr	₹860.00 Cr
EPS in ₹	₹10.12	₹9.58	₹10.61	₹8.66	₹11.89	₹10.14	₹11.12	₹8.47	₹11.88	₹10.53	₹13.15	₹10.07	₹13.19

Annual P&L (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	₹6,439 Cr	₹8,584 Cr	₹11,898 Cr	₹15,033 Cr	₹20,005 Cr	₹24,870 Cr	₹24,143 Cr	₹30,976 Cr	₹42,840 Cr	₹50,789 Cr	₹59,358 Cr	₹68,821 Cr	₹71,256 Cr
Expenses	₹5,983 Cr	₹7,919 Cr	₹10,929 Cr	₹13,680 Cr	₹18,371 Cr	₹22,742 Cr	₹22,398 Cr	₹28,474 Cr	₹39,201 Cr	₹46,683 Cr	₹54,864 Cr	₹63,632 Cr	₹65,869 Cr
Operating Profit	₹456.00 Cr	₹664.00 Cr	₹969.00 Cr	₹1,353 Cr	₹1,633 Cr	₹2,128 Cr	₹1,745 Cr	₹2,502 Cr	₹3,639 Cr	₹4,106 Cr	₹4,495 Cr	₹5,189 Cr	₹5,387 Cr
OPM %	7%	8%	8%	9%	8%	9%	7%	8%	8%	8%	8%	8%	8%
Interest	₹72.00 Cr	₹91.00 Cr	₹122.00 Cr	₹60.00 Cr	₹47.00 Cr	₹69.00 Cr	₹42.00 Cr	₹54.00 Cr	₹67.00 Cr	₹58.00 Cr	₹69.00 Cr	₹142.00 Cr	₹167.00 Cr
Depreciation	₹82.00 Cr	₹98.00 Cr	₹128.00 Cr	₹159.00 Cr	₹212.00 Cr	₹374.00 Cr	₹414.00 Cr	₹498.00 Cr	₹639.00 Cr	₹731.00 Cr	₹870.00 Cr	₹1,037 Cr	₹1,093 Cr
Profit before Tax	₹323.00 Cr	₹492.00 Cr	₹747.00 Cr	₹1,222 Cr	₹1,422 Cr	₹1,745 Cr	₹1,483 Cr	₹2,064 Cr	₹3,060 Cr	₹3,461 Cr	₹3,673 Cr	₹4,082 Cr	₹4,207 Cr
Net Profit	₹212.00 Cr	₹320.00 Cr	₹479.00 Cr	₹806.00 Cr	₹902.00 Cr	₹1,301 Cr	₹1,099 Cr	₹1,492 Cr	₹2,378 Cr	₹2,536 Cr	₹2,707 Cr	₹2,970 Cr	₹3,057 Cr
EPS in Rs	3.77	5.70	7.67	12.92	14.46	20.09	16.97	23.04	36.69	38.97	41.61	45.56	46.94

Balance Sheet (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	₹562.00 Cr	₹562.00 Cr	₹624.00 Cr	₹624.00 Cr	₹624.00 Cr	₹648.00 Cr	₹648.00 Cr	₹648.00 Cr	₹648.00 Cr	₹651.00 Cr	₹651.00 Cr	₹652.00 Cr
Reserves & Surplus	₹638.00 Cr	₹959.00 Cr	₹3,218 Cr	₹4,045 Cr	₹4,963 Cr	₹10,432 Cr	₹11,536 Cr	₹13,030 Cr	₹15,430 Cr	₹18,047 Cr	₹20,777 Cr	₹23,812 Cr
Borrowings (Debt)	₹904.00 Cr	₹1,192 Cr	₹1,497 Cr	₹439.00 Cr	₹700.00 Cr	₹333.00 Cr	₹393.00 Cr	₹647.00 Cr	₹643.00 Cr	₹592.00 Cr	₹820.00 Cr	₹2,425 Cr
Total Liabilities	₹2,355 Cr	₹3,102 Cr	₹5,819 Cr	₹5,648 Cr	₹7,006 Cr	₹12,076 Cr	₹13,655 Cr	₹15,471 Cr	₹18,105 Cr	₹21,172 Cr	₹24,313 Cr	₹29,518 Cr
Fixed Assets	₹1,528 Cr	₹2,094 Cr	₹2,578 Cr	₹3,400 Cr	₹4,400 Cr	₹5,948 Cr	₹7,009 Cr	₹9,260 Cr	₹11,340 Cr	₹13,415 Cr	₹16,206 Cr	₹20,090 Cr
Total Assets	₹2,355 Cr	₹3,102 Cr	₹5,819 Cr	₹5,648 Cr	₹7,006 Cr	₹12,076 Cr	₹13,655 Cr	₹15,471 Cr	₹18,105 Cr	₹21,172 Cr	₹24,313 Cr	₹29,518 Cr

Cash Flows (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operations (CFO)	₹222.00 Cr	₹433.00 Cr	₹455.00 Cr	₹730.00 Cr	₹807.00 Cr	₹1,280 Cr	₹1,375 Cr	₹1,372 Cr	₹2,630 Cr	₹2,746 Cr	₹2,463 Cr	₹3,467 Cr
Cash from Investing (CFI)	-₹474.00 Cr	-₹633.00 Cr	-₹2,482 Cr	₹464.00 Cr	-₹958.00 Cr	-₹4,657 Cr	-₹1,110 Cr	-₹1,289 Cr	-₹2,313 Cr	-₹2,468 Cr	-₹2,185 Cr	-₹4,207 Cr
Cash from Financing (CFF)	₹234.00 Cr	₹196.00 Cr	₹2,025 Cr	-₹1,159 Cr	₹209.00 Cr	₹3,357 Cr	-₹180.00 Cr	-₹179.00 Cr	-₹205.00 Cr	-₹148.00 Cr	-₹259.00 Cr	₹288.00 Cr
Free Cash Flow (FCF)	-₹255.00 Cr	₹435.00 Cr	-₹180.00 Cr	-₹179.00 Cr	-₹602.00 Cr	-₹426.00 Cr	-₹652.00 Cr	-₹1,017 Cr	₹424.00 Cr	₹24.00 Cr	-₹954.00 Cr	-₹646.00 Cr

Efficiency Ratios	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days (DSO)	0	0	1	1	1	0	1	1	1	1	1	1
Inventory Days	36	34	34	34	35	34	40	38	33	33	36	37
Cash Conversion Cycle (Days)	28	24	26	25	26	26	30	31	26	26	30	29
ROCE %	21%	24%	21%	24%	26%	20%	13%	16%	20%	19%	18%	17%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹716.29 • Premium / Overvalued

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹3,468.00

DCF Fair Value

₹716.29

Graham Number

₹629.06

Margin of Safety

-80.5%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹716.29

Premium / Overvalued (Margin: -80.5%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹697	₹691	₹684	₹678
10%	₹710	₹704	₹697	₹691
12%	₹723	₹716	₹710	₹704
14%	₹736	₹729	₹723	₹716

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹716	Fairly Valued
Benjamin Graham Number	₹629	Market Priced
Historical Sector P/E	₹1,032	Premium
EV / EBITDA Multiplier	₹3,641	In-Line
Free Cash Flow Yield Model	₹3,399	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 6/9 (Stable Financials)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

6 / 9 Pass

Altman Z-Score

5 (Safe Zone (Low Distress))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Debt/Equity: 0.10x (Safe)

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Managing working capital

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 8.0%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

74.48%

FIIs (Foreign)

9.22%

DIIs (Domestic)

8.67%

Government

0.15%

Public / Retail

7.55%

Swipe → to view historical quarters

Category	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Promoters	74.64%	74.64%	74.64%	74.64%	74.64%	74.64%	74.64%	74.65%	74.65%	74.65%	74.51%	74.48%
+ FIIs (Foreign Portfolio)	7.67%	7.96%	8.26%	9.22%	9.95%	8.96%	8.18%	8.25%	8.73%	8.71%	9.00%	9.22%
+ DIIs (Mutual Funds / Insurance)	8.25%	8.45%	8.51%	7.95%	7.43%	8.07%	9.08%	9.22%	9.02%	8.83%	8.77%	8.67%
+ Public (Retail & HNIs)	9.41%	8.87%	8.50%	8.09%	7.91%	8.24%	8.04%	7.79%	7.53%	7.75%	7.64%	7.55%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Consumer Goods.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

DMART Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

DMART Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

DMART Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹4,439.04

Accelerated market share capture in Consumer Goods, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹3,884.16

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 81x P/E.

🐻 Bear Case (15%) -12.0%

₹3,051.84

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Consumer Goods)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 18:18 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	D/E	Market Cap
★ AVENUE SUPERMARTS Ltd (DMART)	Target Stock	₹3,468.00	+0.03%	81.3x	12.9%	17.2%	0.10	₹2.49 Lakh Cr
Titan Company Ltd (TITAN)	Jewellery (Tanishq), Watches & Eyewear	₹4,970.00	-0.70%	68.7x	37.7%	20.5%	1.95	₹4.01 Lakh Cr
Asian Paints Ltd (ASIANPAINT)	Paints & Home Decor	₹2,550.30	+1.63%	47.3x	21.8%	26.3%	0.18	₹2.31 Lakh Cr
Trent Ltd (TRENT)	Sector Peer	₹3,222.70	+3.32%	75.2x	27.7%	28.3%	0.37	₹1.38 Lakh Cr
Havells India Ltd (HAVELLS)	Sector Peer	₹1,174.10	+1.26%	39.2x	19.0%	24.9%	0.03	₹65,266 Cr
Kalyan Jewellers India Ltd (KALYANKJIL)	Sector Peer	₹663.75	+8.63%	37.3x	24.8%	21.2%	0.97	₹54,581 Cr
Berger Paints India Ltd (BERGEPAINT)	Sector Peer	₹475.55	+0.92%	43.0x	17.3%	21.6%	0.09	₹52,750 Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 100% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	18:18:14 IST	✓ Live Sync
Financial Statements (10Y)	AVENUE SUPERMARTS Ltd Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

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TickerPulse Academy

AVENUE SUPERMARTS Ltd

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About AVENUE SUPERMARTS Ltd

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Consumer Goods)

Metric Explainer

Stock DNA Methodology

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