Avenue Supermarts shares in focus after Q1 FY26 revenue rises 16% YoY; store count hits 424
Avenue Supermarts shares price target
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Shares of Avenue Supermarts , which operates the D-Mart retail chain, will be in focus on Thursday after the company reported a 16.2% year-on-year rise in standalone revenue for Q1 FY26. Revenue for the quarter ended June 30, 2025, stood at Rs 15,932.12 crore, up from Rs 13,711.87 crore in the same period last year.The operational update, released on Wednesday, highlights the company's steady growth momentum in India's organised retail space.As of June 30, 2025, Avenue Supermarts operated 424 stores across the country. The company added six net new stores in Q1, including a significant entry into Agra—its first major expansion in Uttar Pradesh since entering Ghaziabad.Uttar Pradesh, India's most populous state, is viewed as a high-potential region for modern retail, and D-Mart's expansion is being closely watched by the market.The Q1 update follows a subdued Q4 FY25 performance, where the company reported a 2% decline in consolidated net profit to Rs 551 crore despite a 17% rise in total revenue to Rs 14,872 crore. EBITDA rose modestly by 1.2% to Rs 955.3 crore, but margins remained under pressure, with the EBITDA margin narrowing to 6.4% from 7.4% a year earlier.Avenue Supermarts continues to pursue a cluster-based expansion strategy, focusing on opening new stores near existing locations and distribution centres. This model helps improve supply chain efficiency and reduce operating costs while strengthening presence in core markets.According to Trendlyne, the average target price for Avenue Supermarts shares is Rs 4,033, implying a potential downside of 8% from current levels. The stock carries a 'Hold' rating from 30 analysts.In the previous session, Avenue Supermarts shares ended 1.35% lower at Rs 4,392.20. The stock is down 8% over the past year but has gained 23% so far in 2025.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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