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:
Revenue projections for DMART Avenue Supermarts Limited is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
currentRatio
2.89000
forwardPE
64.27501
debtToEquity
3.82500
earningsGrowth
-0.02200
revenueGrowth
0.16900
grossMargins
0.14836
operatingMargins
0.04802
trailingEps
41.36000
forwardEps
52.27000
Avenue Supermarts Limited's current ratio of 2.89 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that Avenue Supermarts Limited is financially well-prepared to meet its liabilities without difficulty. With a forward PE that's too high, DMART may face limited future price growth and an increased risk of correction. It's important for investors to evaluate this alongside other fundamental parameters to get a fuller picture of the stock's valuation. DMART's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that DMART is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
Price projections for DMART Avenue Supermarts Limited's price projections have been revised downward gradually, indicating that analysts are tempering their expectations. This downward shift suggests a more cautious outlook on the company's growth prospects.
Insider Transactions:
Insider Transactions for DMART
Avenue Supermarts Limited experienced 77 sell transactions with market price of 4497.446121017654 per share.Avenue Supermarts Limited stock was bought in 1 transactions, while the market price was at 4778.39990234375.DMART has seen more sells at current price levels, which could indicate a potential decline. If this trend continues, investors may expect the stock's price to drop further as more people exit their positions.
Recommendation changes over time:
Recommendations trend for DMART
The analysts' sell bias for DMART suggests caution for investors, but it's essential to make decisions based on a wide array of market indicators. This approach ensures a comprehensive view of DMART's position, helping to navigate any potential risks more effectively.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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