DMart Share Price: Today we will tell you about DMart Stock Price Target, whose shares you should include in your portfolio. Because of these shares, you can earn a lot of profit in future. If you want to invest your money in India’s E-commerce business, then you will not find a better company than this.
So today we will tell you why the shares of D-mart company are rising so fast, when was this company established and who is the owner of this company and we will also give you a lot of information about this company, after knowing which you can do a very good analysis about this company.
What is Avenue Supermarts Ltd?
Avenue Supermarts Ltd is an Indian company which has very quickly made its hold in the Indian market, which provides you household food items at very cheap rates, due to which you can buy your goods at a very low rate in the market.
This company sells food and non-food items to people and also sells its products in catering service, such as it sells toilet paper, beauty products, clothes, kitchenware, home appliances etc.
This company has 366 Supermarts all over India which has spread its business in the states of India like Gujarat, Maharashtra, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh etc.
| Company Name | Avenue Supermarts Ltd./DMart |
| Founded | 2002 |
| Headquarters | Mumbai, Maharashtra |
| Industry | Indian retail |
| CEO | Ignatius Navil Noronha |
| Stock Exchange Listing | NSE & BSE |
| Official Website | dmartindia.com |
D-Mart Company Profile
You can buy shares of D-Mart company from anywhere in the world because these shares are publicly available. You can buy these shares from anywhere through the National Stock Exchange and Bombay Stock Exchange.
You get all the things here at very low prices. They have a D-Mart Super Store, this company was established on 15 May 2002 and its owner is Radhakishan Damani its headquarters is located in Powai Mumbai (Maharashtra) and this company has 361 stores all over India.
The revenue of this company till now is 5.4 billion dollars, which is about 42840 crores rupees and the employees in this company are also 12108 people are permanent and 48793 people are on contract. If you want to know more about it then you can visit D-Mart India.com.
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DMart Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹2,41,386.18 Cr. |
| ROE | 15.09% |
| ROCE | 20.43% |
| P/E | 84.29 |
| P/B | 11.6 |
| Div. Yield | 0% |
| Book Value | ₹319.81 |
| Face Value | ₹10 |
| EPS (TTM) | ₹44.01 |
| 52 Week High | ₹5,484 |
| 52 Week Low | ₹3,567.35 |
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DMart Grocery Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 507.89B | 18.56% |
| Operating expense | 39.51B | 19.36% |
| Net income | 25.36B | 6.63% |
| Net profit margin | 4.99 | -10.09% |
| Earnings per share | 38.93 | -0.74% |
| EBITDA | 39.15B | -12.97% |
| Effective tax rate | 26.74% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 16.79B | 4.28% |
| Total assets | 211.77B | 16.96% |
| Total liabilities | 24.80B | 22.31% |
| Total equity | 186.97B | — |
| Shares outstanding | 650.73M | — |
| Price to book | 14.13 | — |
| Return on assets | 10.75% | — |
| Return on Capital | 11.73% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 25.36B | 6.63% |
| Cash from operations | 27.46B | 4.39% |
| Cash from investing | -24.68B | -6.71% |
| Cash from financing | -1.48B | 28.03% |
| Net change in cash | 1.30B | 16.01% |
| Free cash flow | -1.05B | 48.33% |
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DMart Share Price Target 2024 to 2030
| Year | Target Price |
|---|---|
| DMart Share Price Target 2024 | ₹3950 |
| DMart Share Price Target 2025 | ₹5300 |
| DMart Share Price Target 2026 | ₹6745 |
| DMart Share Price Target 2027 | ₹7739 |
| DMart Share Price Target 2028 | ₹8746 |
| DMart Share Price Target 2029 | ₹9989 |
| DMart Share Price Target 2030 | ₹11445 |
DMart Grocery Shareholding Pattern
- Promoters: 74.65%
- Retail & Others: 7.91%
- Foreign Institutions: 9.95%
- Other Domestic Institutions: 1.54%
- Mutual Funds: 5.95%
Current Performance
Recently, it has been seen that people are buying more of their goods and also spending more in the store, due to which they will have to expand quickly.
If we talk about the net profit of D-mart, then their profit margin is also going very well, due to which their operational cost and management costs are also being covered very quickly.
D-mart’s stock has shown very good growth in the stock market right now. Due to this investors have also started trusting them after seeing the financial growth.
Their low operating cost and high inventory turnover contribute to the profit. Their supply chain management system is also very good due to which people visit their store again and again and buy their goods.
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Foundation and Growth
The operation of D-mart was started in 2002 by Radhakishan Damani. First of all, Damani ji opened a single store in Mumbai after which he opened many stores in different places.
He made very good property from there, after which it became a company that people still know as D-mart. To build this company, Damani Ji tried many ideas to sell his product at a very cheap price.
The place that he opened was his own and not taken on rent, due to which he got a very good hold in the business, due to which he sells the best products to his customers at the lowest price.
D-Mart uses a Price Strategy every day for its customers, it knows that its customers are very sensitive about price.
As you all know in the retail business, most people sell their daily use products, D-mart sells those products at very low prices in their stores and they have a lot of customers due to which their company also gets more profit.
There are many people in the market who have stepped into the retail business such as Reliance Retail, Big Bazaar, and E-commerce like Amazon, and Flipkart, all these are also people who are trying their hand in retail business.
But among these, D-mart has the highest market share in retail business. Due to more customers, they continuously sell their products at very low prices due to which people come to them very quickly.
They want their retail business to spread everywhere in India. In the coming time, their share price can go very high, due to which you people can get a lot of profit, but on this, you must do your research and consult your financial advisor once.
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Conclusion
In today’s article, we learned about Dmart Share Price Target. Along with this, we understood the company’s business model and sales strategy and also looked at its fundamentals.
To know about the share price target of other similar big companies, visit our website.
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FAQs
Is DMart good to buy?
Yes.
Is DMart profitable?
Yes.
Is DMart undervalued or overvalued?
Overvalued.
Is DMart debt free?
Yes.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
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