- Avenue Supermarts’ net income for the 4th Quarter didn’t meet analyst predictions, earning 6.04 billion rupees as compared to the estimated 6.38 billion.
- The company saw a 20% year-on-year increase in net income.
- Revenue also showed a year-on-year increase of 20%, reaching 123.9 billion rupees, which aligns very closely with the predicted 123.94 billion rupees.
- Total costs for Avenue Supermarts also rose by 20% over the year, amounting to 116.4 billion rupees.
- The company reported other income of 522 million rupees.
- In terms of stock advice, 11 analysts recommend buying Avenue Supermart’s stock, 5 hold a neutral view while 9 suggests selling.
A look at Avenue Supermarts Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investment analysts are eyeing Avenue Supermarts Ltd‘s long-term future with optimism, as indicated by its Smartkarma Smart Scores. With a solid Growth score of 4, the company is projected to expand and increase its market presence steadily. Additionally, both Resilience and Momentum scores of 4 highlight the company’s ability to weather economic challenges and sustain investor interest, respectively.
However, Avenue Supermarts Ltd‘s Value score of 2 suggests that the stock may not be currently undervalued. The Dividend score of 1 also indicates that the company may not be focusing on distributing profits to shareholders through dividends. Despite these considerations, the overall outlook for Avenue Supermarts Ltd appears promising based on its strong performance in growth, resilience, and momentum.
Summary: Avenue Supermarts Ltd. (ASL) is a company that owns and operates hypermarkets and supermarkets in India, offering a wide range of products from garments and electronics to groceries and household items. With a positive outlook on growth, resilience, and momentum, ASL is positioned well for long-term success according to its Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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