Avenue Supermart’s shares climbed 3.5 per cent on Monday, touching an intraday high of Rs 4,518, after the operator of the DMart retail chain delivered a strong fourth‑quarter business update that signalled a revival in revenue momentum. The company posted its fastest two‑year revenue growth in Q4FY26, snapping a five‑quarter deceleration trend, while aggressive store additions underscored a sharp acceleration in expansion plans.
Avenue Supermart’s fourth quarter business update pointed to a clear turnaround in growth momentum, with the company reporting its strongest revenue expansion in two years and a sharp acceleration in store additions. Revenue growth rebounded to 19 per cent year‑on‑year in Q4FY26, breaking a five‑quarter deceleration trend, while standalone revenue came in above market estimates. A rapid ramp‑up in new stores, taking the total count to 500 by the end of December.
Dmart’s standalone revenue from operations came at Rs 17,204.5 crore, which was 3.2 per cent above Bloomberg’s estimate of Rs 16,676 crore. However, its standalone revenue declined 2.3 per cent on a sequential basis compared with Rs 17,613 crore in Q3FY26, reflecting a modest quarter‑on‑quarter slowdown. However, revenue rose a strong 19 per cent year‑on‑year from Rs 14,462.4 crore in Q4FY25
Revenue growth at 2-year high
12 new stores announced across multiple states
In an exchange filing dated March 31, the company announced the opening of 12 new stores spread across several key states, including Maharashtra, Tamil Nadu, Odisha, Uttar Pradesh, Haryana, Chhattisgarh, and Gujarat.
New store locations include:
Avenue Supermart’s shares later pared gains to trade 0.36 per cent higher at Rs 4,381 apiece as of 09:56 AM. Over the timeline, the shares delivered strong near‑term outperformance compared with the Nifty Next 50, gaining 10.5 per cent over the past week and 12.8 per cent over the last month, sharply ahead of the index’s returns of 2.7 per cent and a decline of 8.1 per cent, respectively.
On a year‑to‑date basis, the stock is up 17.6 per cent, contrasting with an 11 per cent drop in the benchmark. Over a one‑year period, DMart has returned 8.2 per cent, marginally ahead of the index, while longer‑term performance remains mixed, with three‑ and five‑year gains of 25.1 per cent and 53.8 per cent, trailing broader market returns over the same horizons.
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