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Avenue Supermarts Ltd Stock Analysis

Large Cap
Evaluated by 3293 users | BSE: 540376 | NSE: DMART |
Retailing

Avenue Supermarts incorporated in year in 2002 is Mumbai based supermarket chain D-Mart. The company is among the largest and the most profitable F&G retailer in India. It offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and...

1. Right Stock
Very Good
2. Right Price
3. Right Time

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Avenue Supermarts Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Value Creation
Value Creation Index Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 7.31%7.93%10.28%13.73%14.24%15.96%14.07%15.63%16.84%15.8%
Value Creation Index NANANANA0.120.250.100.230.320.24
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,6892,2033,3354,6816,4348,65212,74015,00919,91624,675
Y-o-Y Gr. Rt.-30.4%51.4%40.4%37.5%34.5%47.3%17.8%32.7%23.9%
Adjusted EPS (Rs.) 0.811.11.692.913.745.647.6612.3614.8120.62
Y-o-Y Gr. Rt.-35.8%53.6%72.2%28.5%50.8%35.8%61.4%19.8%39.2%
Book Value per Share (Rs.) 11.5512.7414.4517.3821.2626.9261.4674.0389.01171.51
Adjusted Net Profit 40.858.992.21592103174787719241,336
Net Op. Cash Flow (Rs. Cr.) 46.861.71282062074254497238531,287
Debt to Cash Flow from Ops 6.386.174.113.034.282.773.30.610.820.03
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Avenue Supermarts Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 34.7%30.9%24.7%23.9%
Adjusted EPS 43.3%40.7%39.1%39.2%
Book Value per Share 3551.840.892.7
Share Price - - 33.7% 47%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 8.149.3212.5818.3519.5923.4117.8718.1918.0615.97
Operating Profit Margin (%) 5.696.156.337.187.077.67.578.918.258.6
Net Profit Margin (%) 2.412.672.763.43.263.663.755.144.645.41
Debt to Equity 0.510.560.670.660.740.780.390.10.130
Working Capital Days 32383533333129292951
Cash Conversion Cycle 13161616181616161617
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 74.99%
Institutions 16.80%
Non-Institutions 8.21%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Avenue Supermarts Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Avenue Supermarts Ltd is a good quality company. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company.

Data is not available for this company

Avenue Supermarts incorporated in year in 2002 is Mumbai based supermarket chain D-Mart. The company is among the largest and the most profitable F&G retailer in India. It offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories. It has many stores located across several cities in India. The company operates and manages all its stores. It also operates distribution centres

Avenue Supermarts incorporated in year in 2002 is Mumbai based supermarket chain D-Mart. The company is among the largest and the most profitable F&G retailer in India. It offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories. It has many stores located across several cities in India. The company operates and manages all its stores. It also operates distribution centres and packing centres which form the backbone of the supply chain to support its retail store network.

Business area of the company

The company operates and manages all their stores. They operate predominantly on an ownership model (including long-term lease arrangements, where lease period is more than 30 years and the building is owned by it) rather than on a rental model. The company opens new stores using a cluster approach on the basis of adjacencies and focusing on an efficient supply chain, targeting densely-populated residential areas with a majority of lower-middle, middle and aspiring upper-middle class consumers. The company operates distribution centres and packing centres which form the backbone of the supply chain to support the retail store network.

The key product categories:

  • Foods: Groceries, staples, processed foods, dairy, frozen products, beverages & confectionery and fruits & vegetables.
  • Non Foods (FMCG): Home care products, personal care products, toiletries and other over-the-counter products.
  • General Merchandise & Apparel: Bed & bath, toys & games, crockery, plastic goods, garments, footwear, utensils and home appliances.

Major events and milestones

  • 2001: The Company was incorporated as Avenue Supermarts.
  • 2003: The Company opened its first store in Powai, Mumbai.
  • 2005: The Company entered into a scheme of amalgamation for transfer of undertakings of Koop Consumer Services, Amodini Real Estates and Shoppers Delight to the company.
  • 2007: The Company opened its first store in Gujarat.2010 The store count of the Company increased to 25 stores and their audited consolidated revenues exceeded Rs 10,000 million.
  • 2011: The Company opened stores in Andhra Pradesh and Karnataka.
  • 2012: The Company was converted from a private company to a public company and the name of the Company changed to Avenue Supermarts.
  • 2012: The store count of their Company increased to 50 stores.
  • 2014: The store count of their Company increased to 75 stores.
  • 2015: The Company opened stores in Madhya Pradesh and Chattisgarh. The audited consolidated revenues of their Company exceeded Rs 50,000 million.
  • 2016: The Company opened 21 stores, highest in any financial year. The store count of their Company increased to 110 and their consolidated revenues exceeded Rs 75,000 million.
  • 2017 : The Company opened a store in the National Capital Region.
  • 2018: The company has incorporated wholly owned subsidiary named ‘Reflect Wholesale and Retail’.
  • 2020: The company converts two stores into fulfilment centres for e-commerce business.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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