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Fundamentals for Avenue Supermarts Limited
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Fundamentals for Avenue Supermarts Limited
Business Operations:
Sector: Consumer DefensiveIndustry: Discount Stores
Avenue Supermarts Limited engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India. The company offers food products, such as groceries, staples, processed food products, dairy, frozen products, beverages and confectionery products, and fruits and vegetables; non-food products, including home care and personal care products, toiletries, and other over the counter products; and general merchandise and apparel products comprising bed and bath products, toys and games, crockery, plastic goods, garments, footwear, utensils, and home appliances. It is also involved in the online and multi-channel retail of grocery and household products under the DMart Ready brand name. The company was incorporated in 2000 and is based in Mumbai, India.
Revenue projections:
With Avenue Supermarts Limited's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 1.977000 |
|---|---|
| forwardPE | 60.539234 |
| debtToEquity | 9.913000 |
| earningsGrowth | 0.196000 |
| revenueGrowth | 0.189000 |
| grossMargins | 0.150550 |
| operatingMargins | 0.052420 |
| trailingEps | 45.520000 |
| forwardEps | 71.015110 |
DMART's current ratio being 1.977 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
Avenue Supermarts Limited's forward PE ratio being too high suggests the stock's future gains could be limited, with a potential for price correction. It's critical to weigh this alongside other key fundamental parameters for a comprehensive assessment.
Avenue Supermarts Limited's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with Avenue Supermarts Limited expected to continue increasing its profits and revenue in the coming periods.
DMART's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that DMART is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.
Price projections:
Throughout its recent performance, DMART's price has been consistently close to the lower range of projected values. This suggests that the company may face challenges in achieving higher valuations in the eyes of investors.
Insider Transactions:
97 transactions were made to sell DMART shares, with market price of 4130.260820211824.There were no sell transactions throughout the period under consideration.More recent purchases than sales at current price levels for DMART could signal growing investor confidence. This buying trend might suggest that market sentiment is leaning toward a positive outlook for the stock, possibly indicating expectations of favorable performance in the near future.
Recommendation changes over time:
Avenue Supermarts Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view Avenue Supermarts Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
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