Avenue Supermarts Q3 Revenue Grows 13% to ₹17,613 Crore, Stock Lags Market

2 min read     Updated on 02 Jan 2026, 06:09 PM
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Reviewed by
Jubin VScanX News Team
Overview

Avenue Supermarts posted provisional Q3 revenue growth of 13% to ₹17,613 crore with 442 stores operational. Despite steady business performance, the stock has been a market laggard with only 4% annual returns and trading below technical indicators. Board meeting scheduled for January 10 to approve final results.

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*this image is generated using AI for illustrative purposes only.

Avenue Supermarts Limited, which operates the D-Mart retail chain, has reported provisional standalone revenue from operations of ₹17,613.00 crore for the quarter ended December 31, 2025. This represents a growth of 13.00% compared to ₹15,565.00 crore in the corresponding quarter of the previous year. The company has clarified that these revenue figures are provisional and could change in the actual earnings announcement. The company has also scheduled a board meeting on January 10, 2026, to formally consider and approve the complete Q3FY26 financial results.

Q3 Revenue Performance

The latest revenue figures demonstrate consistent growth trajectory for the retail major. The Radhakishan Damani-promoted retail chain continues to show steady progression, reflecting its strong market position in the retail sector.

Revenue Performance: Amount (₹ crore)
Q3 FY26 (Dec 31, 2025): 17,613.00
Q3 FY25 (Dec 31, 2024): 15,565.00
Q3 FY24 (Dec 31, 2023): 13,247.33
Q3 FY23 (Dec 31, 2022): 11,304.58
YoY Growth: 13.00%

Store Network Expansion

As of December 31, 2025, Avenue Supermarts operated 442 stores across India. The store network includes one location at Sanpada, Navi Mumbai, Maharashtra, which is currently closed to customers due to reconstruction activities. This expansion reflects the company's continued focus on strengthening its retail presence nationwide.

Store Operations: Details
Total Store Count: 442 stores
Geographic Coverage: Across India
Closed for Reconstruction: 1 store (Sanpada, Navi Mumbai)
Operational Status: 441 active stores

Stock Performance Analysis

Shares of Avenue Supermarts have been market laggards, rising around 4.00% over a 1-year period. The stock is currently trading below its key technical indicators, with the current price below both the 50-day and 200-day simple moving averages.

Stock Performance Metrics: Value
1-Year Returns: 4.00%
50-Day SMA: ₹3,968.60
200-Day SMA: ₹4,189.70
Current Status: Below both SMAs

Previous Quarter Performance

In the second quarter, Avenue Supermarts reported revenue growth of 15.50% year-on-year to ₹16,676.30 crore, compared to ₹14,444.50 crore in the same quarter of the previous year. The company achieved a profit of ₹685.00 crore versus ₹659.00 crore, marking a 3.90% year-on-year increase. On a standalone basis, the company's total revenue stood at ₹16,219.00 crore, witnessing a year-on-year growth of 15.40%, while net profit grew 5.00% year-on-year to ₹747.00 crore. The company added 8 new stores during Q2FY26.

Board Meeting Schedule

The company has announced that its Board of Directors will convene on Saturday, January 10, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. This meeting has been scheduled in compliance with SEBI LODR Regulation 29, with formal notifications sent to both BSE Limited and The National Stock Exchange of India.

Meeting Information: Details
Meeting Date: January 10, 2026
Purpose: Q3FY26 Results Approval
Results Type: Standalone & Consolidated
Compliance: SEBI LODR Regulation 29
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Goldman Sachs Downgrades Avenue Supermart to Sell Rating with ₹3,425 Price Target

0 min read     Updated on 17 Dec 2025, 09:22 AM
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Reviewed by
Riya DScanX News Team
Overview

Goldman Sachs has issued a sell rating for Avenue Supermart, the parent company of D-Mart retail chain, with a price target of ₹3,425. This downgrade signals concerns about the stock's near-term performance prospects and represents a significant shift in sentiment towards the company. The recommendation from Goldman Sachs may influence investor sentiment and trading activity in the retail sector stock.

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*this image is generated using AI for illustrative purposes only.

Goldman Sachs has downgraded Avenue Supermart to a sell rating, setting a price target of ₹3,425 for the retail chain operator. The investment bank's bearish stance on the D-Mart parent company signals concerns about the stock's near-term performance prospects.

Analyst Recommendation Details

The following table summarizes Goldman Sachs' latest recommendation:

Parameter Details
Rating Sell
Price Target ₹3,425
Analyst Goldman Sachs

Market Implications

The sell rating from Goldman Sachs represents a significant shift in sentiment toward Avenue Supermart. Investment banks typically issue sell ratings when they expect a stock to underperform the broader market or decline from current trading levels. This recommendation suggests Goldman Sachs analysts have identified factors that could negatively impact the company's stock performance.

Avenue Supermart, which operates the popular D-Mart retail chain across India, is a closely watched stock in the retail sector. Analyst recommendations from major investment banks like Goldman Sachs often influence investor sentiment and trading activity in the stock.

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