Avenue Supermarts (DMART)₹3,467+1.22%Diversified Retail
In the Sep 2026 quarter (consolidated), Avenue Supermarts reported sales of ₹19,635 Cr, up 17.8% from Sep 2025, and net profit of ₹743 Cr, up 8.4% year on year. For the year to Mar 2026, sales were ₹68,781 Cr and net profit ₹2,968 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13,562 | 12,709 | 14,065 | 14,428 | 15,955 | 14,865 | 16,350 | 16,665 | 18,097 | 17,674 | 18,776 | 19,635 |
| Expenses | 12,413 | 11,752 | 12,814 | 13,318 | 14,721 | 13,887 | 15,029 | 15,408 | 16,585 | 16,436 | 17,253 | 18,202 |
| Operating Profit | 1,121 | 945 | 1,221 | 1,095 | 1,217 | 956 | 1,300 | 1,214 | 1,465 | 1,211 | 1,501 | 1,393 |
| OPM % | 8.1% | 7.1% | 9.1% | 8.1% | 8.1% | 6.1% | 8.1% | 7.1% | 8.1% | 7.0% | 8.0% | 7.0% |
| Other Income | 33.12 | 38.17 | 42.17 | 34.13 | 24.11 | 25.11 | 19.06 | 20.09 | 17.07 | 18.07 | 26.10 | 14.05 |
| Interest | 15.03 | 13.04 | 16.03 | 16.04 | 18.04 | 19.04 | 29.05 | 35.09 | 37.07 | 41.09 | 54.08 | 64.09 |
| Depreciation | 189 | 205 | 193 | 208 | 228 | 241 | 232 | 253 | 268 | 284 | 288 | 318 |
| Profit before tax | 947 | 761 | 1,052 | 902 | 994 | 718 | 1,054 | 944 | 1,172 | 902 | 1,180 | 1,023 |
| Tax % | 26.9% | 26.0% | 26.9% | 26.9% | 26.9% | 23.9% | 26.9% | 28.0% | 26.9% | 26.9% | 27.0% | 27.9% |
| Net Profit | 690 | 563 | 774 | 659 | 724 | 551 | 773 | 685 | 856 | 656 | 860 | 743 |
| EPS (Rs) | 10.64 | 8.68 | 11.91 | 10.16 | 11.14 | 8.48 | 11.89 | 10.55 | 13.17 | 10.08 | 13.21 | 11.43 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8,581 | 11,890 | 15,023 | 19,983 | 24,854 | 24,117 | 30,960 | 42,814 | 50,715 | 59,331 | 68,781 | 74,182 |
| Expenses | 7,899 | 10,905 | 13,641 | 18,319 | 22,679 | 22,344 | 28,396 | 39,073 | 46,561 | 54,747 | 63,488 | 68,476 |
| Operating Profit | 665 | 970 | 1,354 | 1,634 | 2,130 | 1,746 | 2,504 | 3,640 | 4,110 | 4,502 | 5,190 | 5,571 |
| OPM % | 8.1% | 8.1% | 9.1% | 8.0% | 9.1% | 7.1% | 8.1% | 8.1% | 8.1% | 8.1% | 8.1% | 7.5% |
| Other Income | 17.06 | 28.10 | 88.33 | 48.20 | 60.21 | 195 | 115 | 129 | 146 | 118 | 72.27 | 75.29 |
| Interest | 91.12 | 122 | 60.13 | 47.09 | 69.17 | 42.07 | 54.11 | 67.19 | 58.16 | 69.16 | 142 | 196 |
| Depreciation | 97.96 | 128 | 159 | 212 | 374 | 414 | 498 | 639 | 731 | 871 | 1,038 | 1,159 |
| Profit before tax | 491 | 745 | 1,219 | 1,420 | 1,742 | 1,480 | 2,061 | 3,054 | 3,454 | 3,663 | 4,075 | 4,277 |
| Tax % | 34.9% | 35.9% | 33.9% | 36.9% | 24.9% | 25.9% | 27.9% | 21.9% | 27.0% | 25.9% | 26.9% | — |
| Exceptional items | 1.01 | 4.01 | 13.04 | 8.02 | 9.02 | 1.01 | 0.00 | 5.01 | 18.06 | 19.05 | 2.01 | — |
| Net Profit | 320 | 479 | 806 | 902 | 1,301 | 1,100 | 1,491 | 2,377 | 2,536 | 2,708 | 2,968 | 3,114 |
| EPS (Rs) | 5.71 | 7.68 | 12.94 | 14.49 | 20.11 | 17.01 | 23.08 | 36.73 | 39.06 | 41.68 | 45.63 | 47.89 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| 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 | 563 | 563 | 625 | 625 | 625 | 649 | 649 | 649 | 649 | 652 | 652 | 653 |
| Reserves | 640 | 962 | 3,228 | 4,055 | 4,976 | 10,459 | 11,570 | 13,056 | 15,469 | 18,090 | 20,821 | 23,866 |
| Borrowings | 906 | 1,194 | 1,500 | 440 | 701 | 333 | 393 | 648 | 644 | 593 | 821 | 2,428 |
| Other Liabilities | 252 | 391 | 482 | 543 | 721 | 666 | 1,084 | 1,152 | 1,390 | 1,891 | 2,075 | 2,642 |
| Total Liabilities | 2,362 | 3,110 | 5,835 | 5,663 | 7,025 | 12,107 | 13,695 | 15,504 | 18,153 | 21,226 | 24,368 | 29,588 |
| Fixed Assets | 1,533 | 2,099 | 2,584 | 3,409 | 4,410 | 5,965 | 7,029 | 9,280 | 11,366 | 13,449 | 16,234 | 20,129 |
| CWIP | 98.17 | 82.22 | 153 | 147 | 378 | 365 | 1,022 | 1,131 | 831 | 937 | 1,102 | 1,304 |
| Investments | 14.97 | 28.93 | 25.92 | 67.90 | 16.95 | 14.98 | 2.99 | 5.99 | 201 | 107 | 2.99 | 3.99 |
| Other Assets | 715 | 900 | 3,073 | 2,039 | 2,220 | 5,762 | 5,643 | 5,087 | 5,754 | 6,735 | 7,028 | 8,150 |
| Inventories | 540 | 672 | 948 | 1,163 | 1,609 | 1,948 | 2,249 | 2,742 | 3,243 | 3,926 | 5,043 | 5,901 |
| Trade receivables | 7.02 | 8.02 | 21.05 | 34.10 | 64.23 | 20.08 | 44.15 | 67.18 | 62.16 | 166 | 154 | 150 |
| Cash & equivalents | 38.13 | 35.12 | 1,891 | 562 | 220 | 108 | 1,452 | 300 | 1,413 | 640 | 360 | 305 |
| Total Assets | 2,362 | 3,110 | 5,835 | 5,663 | 7,025 | 12,107 | 13,695 | 15,504 | 18,153 | 21,226 | 24,368 | 29,588 |
| 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 operating activity | 222 | 434 | 456 | 732 | 808 | 1,283 | 1,378 | 1,376 | 2,638 | 2,752 | 2,469 | 3,474 |
| Cash from investing activity | −475 | −635 | −2,488 | 465 | −960 | −4,670 | −1,113 | −1,293 | −2,320 | −2,473 | −2,190 | −4,214 |
| Cash from financing activity | 233 | 196 | 2,019 | −1,155 | 208 | 3,349 | −180 | −178 | −204 | −148 | −258 | 287 |
| Net cash flow | −16.99 | −2.99 | −0.99 | 33.97 | 57.01 | −19.01 | 86.02 | −96.03 | 112 | 130 | 17.99 | −452 |
| Capex | 479 | 0.00 | 648 | 919 | 1,422 | 1,717 | 2,035 | 2,420 | 2,220 | 2,743 | 3,438 | 4,128 |
| Free cash flow | −254 | 433 | −179 | −178 | −600 | −424 | −649 | −1,014 | 423 | 23.91 | −951 | −644 |
| CFO / OP % | 71.0% | 90.0% | 74.0% | 84.0% | 80.0% | 83.0% | 94.0% | 77.0% | 92.0% | 85.0% | 76.0% | 87.0% |
| 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 | 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 |
| Days payable | 7 | 9 | 8 | 8 | 9 | 7 | 9 | 7 | 7 | 7 | 7 | 7 |
| Cash conversion cycle | 28 | 24 | 26 | 25 | 26 | 26 | 30 | 31 | 26 | 26 | 30 | 29 |
| Working capital days | 21 | 5 | 3 | 15 | 10 | 21 | 22 | 22 | 19 | 24 | 22 | 17 |
| ROCE % | 21.0% | 24.0% | 21.0% | 24.0% | 26.0% | 20.0% | 13.0% | 16.0% | 20.0% | 19.0% | 18.0% | 17.0% |
For the Sep 2026 quarter, Avenue Supermarts reported sales of ₹19,635 Cr, up 17.8% year on year and net profit of ₹743 Cr, up 8.4% year on year. The operating margin was 7.0%.
Avenue Supermarts' sales for the year to Mar 2026 were ₹68,781 Cr; over the last twelve months they were ₹74,182 Cr.
Net profit for the year to Mar 2026 was ₹2,968 Cr, and ₹3,114 Cr over the last twelve months. Earnings per share over the same trailing period were ₹47.89.
Avenue Supermarts reported borrowings of ₹2,428 Cr at Mar 2026, against cash and equivalents of ₹305 Cr.
Cash from operations was ₹3,474 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹644 Cr.