India · Delayed Price · Currency is INR Avenue Supermarts Earnings Call Transcripts
Fiscal Year 2026
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The business remains focused on everyday low pricing, disciplined expansion, and technology upgrades, targeting 15% annual store growth and maintaining strong partnerships with FMCG vendors. E-commerce is being consolidated in 11 cities for profitability, while competition from quick commerce is most pronounced in metros. Margins are stable, with ongoing investments in capability and productivity.
Fiscal Year 2025
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Resilient growth continues with 50 new stores added and strong expansion plans, especially in North India. E-commerce business pivoted to home delivery, growing 21%, while margins face pressure from competition and higher costs. Leadership transition aims to maintain customer focus and accelerate store expansion.
Fiscal Year 2024
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GMA mix stabilized at 22-23% with strong apparel recovery, while food share rose due to inflation. Store expansion continues at 40-60 per year, with a focus on cluster-based growth and operational excellence. DMart Ready prioritizes value and profitability, with home delivery as the preferred model and ongoing improvements in margin profile.