Revenue distribution by industries:

• Retail: 100% (Avenue Supermarts Limited is mainly engaged in retail)

TOP 3 markets and their percentage shares:

• Maharashtra: approx. 30%
• Gujarat: approx. 15%
• Karnataka: approx. 10%

Avenue Supermarts Limited, known for the brand DMart, generates its revenue mainly from retailing of groceries, household items, and clothing. The company's largest markets are located in the western and southern states of India, with Maharashtra having the largest share of revenue. This is due to the high population density and strong economic activity in this state. Gujarat and Karnataka follow as important markets, also making significant contributions to the total revenue.

Production Sites: Avenue Supermarts Limited (NSEI:DMART) mainly sources its products from third-party suppliers and manufacturers in India.

Avenue Supermarts Limited, known for its retail chain DMart, does not produce most of its products itself. Instead, the company collaborates with a variety of suppliers and manufacturers who produce their products in India. This strategy allows DMart to offer a wide range of products at competitive prices.

The company focuses on keeping its costs low and ensuring the quality of the products offered through efficient supply chains and close relationships with local manufacturers and suppliers.

Revenue Growth: 18.5% (2024)

Avenue Supermarts Limited, known for its DMart stores, pursues a growth strategy based on the continuous expansion of its store network. The company plans to expand its presence in existing and new markets in India to benefit from the growing middle class and the increasing demand for modern retail formats.

Another strategic focus is on optimizing the supply chain and improving operational efficiency. This is intended to be achieved through investments in technology and infrastructure to reduce costs and enhance margins.

Additionally, DMart is increasingly focusing on integrating online and offline sales channels to meet changing consumer preferences and provide customers with a seamless shopping experience.

Main imported raw materials/materials: Food, consumer goods, household items

Main supplier countries: China, USA, Indonesia, Vietnam

Avenue Supermarts Limited, known for its D-Mart retail stores, imports a variety of products to complement its wide range of consumer goods. This includes food, household items, and other consumer goods in particular.

China is a significant supplier of electronic items and household goods, while the USA and Indonesia are important sources of food and consumer goods. Vietnam also supplies a variety of consumer goods, especially in the textile and clothing sector.

Avenue Supermarts' import strategy is focused on offering high-quality products at competitive prices to meet the demand of Indian consumers.

Market share: Estimate 10% in the Indian retail sector (2025)
Revenue growth: 18% (2024)
Profit margin: 8% (2024)

Avenue Supermarts Limited, known for its DMart stores, has a significant competitive advantage in the Indian retail sector. The company benefits from strong brand recognition and an efficient business model based on low operating costs and competitive prices.

A key factor in DMart's competitive advantage is its ability to control costs while offering a wide range of products. This allows the company to maintain or even increase its profit margins compared to many competitors.

Furthermore, through its strategic expansion into urban and semi-urban areas, DMart has continuously expanded its market presence. Strong customer loyalty and brand trust also help to strengthen the competitive advantage.

Overall, Avenue Supermarts remains well positioned to benefit from the growing demand in the Indian retail sector, despite intense competition in the industry.

Institutional investor share: 35% (estimated for 2025)
Insider purchases/sales: No significant changes reported (2025)

The institutional investor share in Avenue Supermarts Limited is estimated to be around 35%. This figure reflects the confidence of institutional investors in the company's long-term growth strategy.

Regarding insider purchases or sales, there have been no significant changes in 2025. This suggests that the management and insiders of the company have a stable assessment of the current corporate situation and do not expect drastic changes in the ownership structure.

Market share of Avenue Supermarts Limited (DMART): 10% (estimated, 2025)

Main competitors and their market shares:

1. Reliance Retail - 20%
2. Future Retail - 15%
3. Amazon India - 12%
4. Flipkart (Walmart India) - 11%
5. Avenue Supermarts (DMART) - 10%
6. Spencer's Retail - 8%
7. Big Bazaar - 7%
8. More Retail - 5%
9. Metro Cash & Carry - 4%
10. Star Bazaar - 3%

Moat of Avenue Supermarts Limited:

Avenue Supermarts Limited, known for its DMart stores, has a significant moat due to its efficient cost structure and the ability to offer products at competitive prices. The focus on private labels and strategic store locations also contributes to their competitive advantage.

Compared to competitors like Reliance Retail and Amazon India, which have extensive resources and a wide range of products, DMart has the advantage of strong customer loyalty through its physical stores and shopping experience. However, they must compete against the increasing digitalization and expansion of e-commerce giants, which also have significant moats in the form of technology and logistics networks.

Overall, DMart has a solid, but not impregnable moat. The competitive advantage lies mainly in operational efficiency and customer loyalty, while other companies score points through technological innovations and comprehensive networks.

Revenue Growth: 18% (2024) Profit Growth: 14% (2024) Market Share in Retail: 10% (2024, India)

Avenue Supermarts Limited, known for its DMart stores, recorded a revenue growth of 18% in 2024. This indicates strong operational performance and effective expansion into new markets. The company also achieved a profit growth of 14%, pointing to efficient cost control and improved profit margin.

DMart's market share in the Indian retail sector is approximately 10%, making the company a significant player in the industry. Continuous expansion and opening of new stores contribute to increasing market presence.

Overall, Avenue Supermarts Limited demonstrates a solid financial performance and market position, indicating a potentially good investment. The long-term growth prospects are positive, especially due to the growing middle class in India and increasing urbanization.

Dividend: No payout (as of 2025)

Avenue Supermarts Limited, known for its retail chain DMart, has traditionally not distributed dividends to its shareholders. The company usually reinvests its profits in the business to finance further growth and expansion. This strategy has proven to be effective in the past, as DMart has continuously expanded its market presence and increased its revenues.

Therefore, the reliability of the payout is not relevant as the company does not follow a dividend policy. Investors who invest in Avenue Supermarts typically do so with the aim of increasing capital value through share price gains rather than through dividend yields.