Avenue Supermarts: DMart Q4 Revenue Grows 16.6%, Stock Falls 5% Despite Expansion
Avenue Supermarts, D-Mart's parent company, reported Q4 FY2024-25 standalone revenue of ₹14,462.40 crore, up 16.60% year-over-year. The company added 28 new stores, reaching 415 total. However, same-store sales growth of 3.00% fell short of expectations, leading to a 5.00% stock drop. Analysts maintain cautious ratings.

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Avenue Supermarts , the parent company of the popular D-Mart retail chain, has announced its standalone revenue for the fourth quarter of the fiscal year 2024-25, showcasing growth and expansion, but facing some investor disappointment.
Q4 Revenue Highlights
Avenue Supermarts reported a standalone revenue of ₹14,462.40 crore for the quarter ended March 31, 2025. This represents a significant increase of 16.60% compared to the same quarter in the previous fiscal year, which stood at ₹12,393.46 crore.
Store Expansion and Sales Growth
The company added 28 new stores during the quarter, bringing its total store count to 415 across India. This expansion in the store network has contributed to the company's revenue growth. However, the implied same-store sales growth was only 3.00%, which fell short of investor expectations.
Stock Performance and Analyst Reactions
Following the revenue update, Avenue Supermarts' stock fell over 5.00%, reflecting investor disappointment with the same-store sales growth figures. Analysts from major financial institutions have maintained cautious stances on the stock:
- Citi has maintained a 'Sell' rating
- Morgan Stanley has kept an 'Underweight' rating
Year-over-Year Performance
The company's financial update provides insight into its growth over the past few years:
Quarter Ended | Revenue (₹ in crore) | Year-over-Year Growth |
---|---|---|
March 31, 2025 | 14,462.40 | 16.60% |
March 31, 2024 | 12,393.46 | 19.90% |
March 31, 2023 | 10,337.12 | 20.10% |
March 31, 2022 | 8,606.09 | - |
The table illustrates Avenue Supermarts' revenue growth trajectory over the past four fiscal years, showing a slight deceleration in the growth rate.
Additional Information
The company noted that the reported standalone revenue figures are subject to audit by their statutory auditors. Investors and stakeholders can access more detailed information on the company's website under the Investor Relations section.
Conclusion
While Avenue Supermarts continues to show revenue growth and expand its store network, the lower-than-expected same-store sales growth has raised concerns among investors. The company faces the challenge of maintaining robust growth rates as it scales up operations. The market reaction and analyst ratings suggest a cautious outlook for the stock in the near term.
Historical Stock Returns for Avenue Supermarts DMart
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+3.21% | +5.46% | +13.90% | +6.59% | -5.84% | +96.97% |