- DMart’s net income for the 4th quarter was 6.20 billion rupees, marking an increase of 2.6% compared to the previous year.
- The net income was below analyst estimates of 6.58 billion rupees.
- Revenue reached 144.62 billion rupees, an increase of 17% year-over-year, but slightly below the estimate of 144.64 billion rupees.
- Total costs for the quarter rose by 18% year-over-year, amounting to 137.13 billion rupees.
- Other income for DMart fell by 25%, totaling 391.3 million rupees.
- Following the earnings report, DMart’s shares decreased by 3.4%, closing at 4,059 rupees with 752,499 shares traded.
- Market analysts have varied opinions on DMart with 12 buy ratings, 9 hold ratings, and 10 sell ratings.
Avenue Supermarts Ltd on Smartkarma
Analyst coverage of Avenue Supermarts Ltd on Smartkarma is shedding light on the impact of Quick Commerce on the company’s growth and valuation. Nimish Maheshwari, in his report titled “Impact of Quick Commerce on Dmart’s Growth and Valuation,” discusses how Quick Commerce is revolutionizing retail in India by offering fast deliveries and competitive pricing, which poses challenges for traditional leaders like Dmart. The retail landscape in India is rapidly transforming with the rise of Quick Commerce, challenging traditional retail models with its combination of competitive pricing and super-fast deliveries. For Dmart, a prominent player in value retailing, this shift brings significant challenges to Same Store Sales Growth, store expansion plans, and overall valuation.
A look at Avenue Supermarts Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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
Investors considering Avenue Supermarts Ltd should take note of its Smartkarma Smart Scores, which provide an insight into the company’s long-term outlook across various key factors. With a solid Growth score of 4 and a Momentum score of 5, Avenue Supermarts shows promising signs of potential expansion and positive market performance. Its Resilience score of 3 indicates a moderate ability to weather economic challenges, while its Value score of 2 suggests a fair valuation in the market. However, its Dividend score of 1 implies limited returns in terms of dividend payouts. Overall, Avenue Supermarts appears well-positioned for growth and market momentum in the long term.
As a prominent player in the hypermarket and supermarket sector in India, Avenue Supermarts Ltd, or ASL, offers a wide range of products catering to diverse consumer needs. From garments and electronics to groceries and household items, ASL has established a strong presence throughout the country. While the company may not offer significant dividend returns, its focus on growth, market momentum, and resilience indicates a promising outlook for investors seeking to capitalize on India’s retail market potential. With a strategic positioning and a diversified product offering, Avenue Supermarts presents itself as a key player to watch in the retail sector.
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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