India · Delayed Price · Currency is INR Avenue Supermarts Earnings Call Transcripts
Fiscal Year 2026
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Expansion remains a top priority, targeting 15% annual store growth with increased openness to leasing and ongoing technology upgrades. E-commerce is consolidated in 11 cities, focusing on profitability and operational efficiency, while competition from quick commerce is most impactful in metros. Financials show steady growth, with margins stable and productivity strong in new markets.
Fiscal Year 2025
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Resilient growth continued with 50 new stores and strong financials, while e-commerce pivoted to home delivery and grew 21%. The company plans to accelerate expansion, especially in North India, and maintain its value focus amid rising competition and operational investments.
Fiscal Year 2024
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GMA mix stabilized at 22-23% with apparel recovering. Store expansion focuses on clusters and will accelerate as capabilities grow. FY24 saw strong financials, stable revenue and margins, and e-commerce prioritizing value and profitability. Private label growth is gradual, supported by ongoing talent investments.