Avenue Supermarts Ltd
NSE:DMART

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Avenue Supermarts Ltd Logo
Avenue Supermarts Ltd
NSE:DMART
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Price: 3 686.25 INR -3.34% Market Closed
Market Cap: 2.4T INR
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Avenue Supermarts Ltd
Investor Relations

Avenue Supermarts Ltd., the owner and operator of the popular DMart chain, emerged on the Indian retail landscape with a unique business model that has become a textbook case of operational efficiency and consumer appeal. Founded by Radhakishan Damani in 2000, the company’s inception was defined by a keen understanding of middle-class India’s shopping psyche. By focusing on densely populated urban and suburban areas, DMart built its reputation as a low-cost provider of essential goods. Their stores are a treasure trove of groceries, household staples, and personal care items sold at competitive prices. This strategic emphasis on core, fast-moving consumer goods, coupled with a no-frills approach to store design and operations, enables Avenue Supermarts to maintain lean margins while driving high volumes of sales. Every facet of their operation is finely tuned for efficiency— from sourcing and supply chain management to in-store inventory practices—enhancing their ability to offer discounts that consistently draw consumers into their brick-and-mortar outlets.

Financially, Avenue Supermarts’ profitability hinges on executing the art of quick inventory turnover and cash flow management. The company typically purchases goods in bulk, directly negotiating with manufacturers to secure lower prices and better terms. This allows them to pass on savings to customers, thereby strengthening loyalty and repeat business. Additionally, their focus on self-owned stores, rather than leasing, reduces fixed costs and shields them from rental inflation, permitting long-term cost competitiveness. As a result, Avenue Supermarts generates revenue primarily through high sales volumes, underpinned by a fundamental business strategy that intertwines cost leadership with frugality and customer satisfaction. Their successful model illustrates how understanding and executing fundamental retail principles can create a robust marketplace presence, capturing both the hearts and wallets of a diverse consumer base across India's sprawling urban landscapes.

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Earnings Calls

No Earnings Calls Available

Management

Mr. Ignatius Navil Noronha
CEO, MD & Director
No Bio Available
Mr. Ramakant Baheti
Group CFO & Whole-Time Director
No Bio Available
Mr. Elvin Elias Machado
Director of Business Development & Whole-Time Director
No Bio Available
Mr. Niladri Deb
Chief Financial Officer
No Bio Available
Mr. Amit Jain
Chief Operating Officer
No Bio Available
Mr. Biswabrata Chakravorty
Chief Digital & Information Officer
No Bio Available
Mr. Rushabh Ghiya
AVP of Investor Relations
No Bio Available
Ms. Ashu Gupta
Company Secretary & Compliance Officer
No Bio Available
Ms. Pallavi Bakshi
Group Chief Human Resources Officer
No Bio Available

Contacts

Address
B - 72/72A, Wagle Industrial Estate,, Road No. 33, Kamgar Hospital Road,
Contacts
+912233400500
www.dmartindia.com