Avenue Supermarts (DMart) DMART
India's most profitable large grocery retailer; DMart Ready is its online grocery arm with next-day and pick-up delivery
Mapped in 1 theme: Consumer Internet.
Where Avenue Supermarts (DMart) sits in the supply chain
Avenue Supermarts (DMart) appears in 1 supply-chain layer in one theme, Consumer Internet.
Consumer Internet › Quick commerce & dark stores
Potential substituteOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 30,976 | 42,840 | 50,789 | 59,358 | 68,821 |
| Net profit | 1,492 | 2,378 | 2,536 | 2,707 | 2,970 |
Latest-year revenue ₹68,821 Cr (FY26, company-wide).
Note: Exposure here is DMart Ready and the offline grocery benchmark.
Strengths
- Lowest-cost store model in Indian retail sets the price benchmark quick commerce has to match
- Owns most of its stores, so it can keep prices low through discount wars
- DMart Ready gives an online option without dark-store losses
Risks
- Quick commerce is taking top-up grocery baskets from supermarkets in big cities
- DMart Ready is small and slower than 10-minute apps
- Store-growth pace and like-for-like growth have slowed in metros
Common questions
What does Avenue Supermarts (DMart) do?
India's most profitable large grocery retailer; DMart Ready is its online grocery arm with next-day and pick-up delivery.
Where does Avenue Supermarts (DMart) sit in the supply chain?
Avenue Supermarts (DMart) (NSE: DMART) is mapped in 1 supply-chain layer: Quick commerce & dark stores (Consumer Internet).
Who are Avenue Supermarts (DMart)'s peers?
In the Quick commerce & dark stores layer of Consumer Internet: Eternal (Zomato, Blinkit); Swiggy; Zepto (not NSE-listed); Flipkart (not NSE-listed); and Amazon India (not NSE-listed).
What is Avenue Supermarts (DMart)'s market cap and valuation?
As of 6 Nov 2026: market cap ₹2.23L Cr, P/E 71.6x, ROCE 17.2%, ROE 12.9%, dividend yield 0%.