Avenue Supermarts Limited (DMart) is a popular Indian retail company that operates the DMart chain of supermarkets. This company was established in 2002 and it has 306 stores in 14 states of India. It has a wide range of products at competitive prices in the market.
As a publicly traded company, the share price of Avenue Supermarts (DMart) fluctuates depending on market trends and investor sentiment. Most investors are interested to know the future movement of the stock price.
The company went public in 2017 and since then the share price has been on an upward trend. The initial share price was Rs 637.80 in 2017 and reached Rs 5180.00 in November 2021. Which was an increase in the share price of 713.18% ↑ in 4 years.
Overall, it has a strong management system and positive financial results over the years. Official data shows revenue of Rs 11,569 crore, a 25.51% ↑ increase over the previous year. Net income is Rs 589.68 crore, up 6.71% ↑ and profit margin is 6.74%.
However, its current share price is Rs 3367.40 in March 2023, which is a downward trend. It is time to sell and cannot expect good returns in short term. But, based on the buying price, this stock will be good for the long term. In this article, we will discuss the share price target and factors affecting Avenue Supermarts shares.
Fundamentals of Avenue Supermarts
Before investing in Avenue Supermarts, we must follow the basic rules. We need to research the company’s financial performance and future growth prospects. This could be revenue, net profit, dividend, debt ratio, type of business, past records, types of shareholders, etc.
| Company Name | Avenue Supermarts (DMart) |
| Industry | Retailing Company |
| Country | India |
| Founded | 2002 |
| Primary Exchange | NSE/BSE |
| Traded Volume | 178,636 |
| Market Cap | ₹ 2,18,527 Cr |
| Revenue (FY22) | ₹ 11,569 Cr |
| Net Profit | ₹ 589.68 Cr |
| Net Profit Margin | 5.11% |
| EPS (TTM) | 35.91 |
| PE Ratio | 93.89 |
| Dividend Yield | — |
| Earning per share (Diluted) | 9.11 |
| ROE | 11.54% |
| Debt to Equity | 0.05 |
| 52 Week Low | 3186.00 |
| 52 Week High | 4609.00 |
| Face Value | 10 |
| Official Website | www.dmartindia.com |
Avenue Supermart share price history
| Year | Low | High |
|---|---|---|
| 2018 | 1125.75 | 1611.20 |
| 2019 | 1226.00 | 2010.00 |
| 2020 | 2060.00 | 2780.00 |
| 2021 | 2610.00 | 5180.00 |
| 2022 | 3370.00 | 4799.00 |
| 2023 | 3292.00 | — |
Avenue Supermarts stock growth posibilities
Avenue Supermarts Limited has a market cap of over ₹ 2,18,527.00 crore and is the largest retail company in India. Furthermore, the company’s revenue growth and net profit increased over the years. If we look at its debt ratio, it’s Ok.
The company has consistently performed very well and given huge returns over the years. So we can say, this company may be able to maintain the market share in the near future.
Shareholding pattern
| Promoters | 74.97% |
| Foreign Institutions | 8.63% |
| Domestic Institutions | 0.51% |
| Mutual Funds | 6.40% |
| Retail & Others | 9.49% |
Avenue Supermarts share price targets for 2023, 2025 to 2030
According to our expert team, various brokerage firms, analysts and forecast system, Avenue Supermarts’ share price target is Bullish. Some analysts have set a target of Rs 5,240.20 per share for the year 2025, while others have set a target of Rs 6,520.30 per share for the year 2030.
When making a share price forecast, we look at a company’s financial performance, industry trends, growth prospects, management team, history, competitive position, etc.
So it is based on our experience, research and technical analysis, which may not be accurate. Therefore, the share price target is the estimated future value of a certain company which may differ.
Note: You are advised that the target share price forecast is based on our research, experience and technical analysis. Therefore, the estimated future value may differ from the actual value. Therefore, you are advised to do your own research and consult your financial advisor.
2023
As per the market trends, research, history and technical analysis, the share price is likely to increase in the next few years. And the maximum price of Avenue Supermarts shares can be Rs 3340.20 to Rs 3755.30 by 2023.
2024
In 2024, the minimum share price target will be Rs 3550.50 to Rs 4060.60 based on our research and technical analysis. And at the end of the year, the maximum target price for Avenue Supermarts (DMart) shares will be Rs 4170.50 to Rs 4520.40.
2025
As per the current market trends, history, research and technical analysis, Avenue Supermarts (DMart) share price is likely to be a positive trend in the next few years. While it is impossible to predict the exact price. Still, the estimated share price of Avenue Supermarts could be Rs 4,850.10 to Rs 5,240.20 by 2025.
2026
According to our research, history and forecasting system, the share price is likely to increase. And the maximum price of Avenue Supermarts (DMart) shares can be Rs 5350.510 to Rs 5580.50 by 2026.
2027
Based on the market trends, history and technical analysis, the share price of Avenue Supermarts (DMart) will be good for the long term. And the maximum share price could be Rs 5670.70 to Rs 5790.70 by 2027.
2028
As per our research, history, market trends and technical analysis, the stock price will be good for the long term. And Avenue Supermarts (DMart) highest share price target for 2028 is Rs 5810.20 to Rs 6115.20.
2029
Based on research, history and forecast system, the share price of Avenue Supermarts (DMart) will be good for the long term. And the maximum share price could be Rs 6170.30 to Rs 6370.30 by 2029.
2030
According to our research, history, market trends and technical analysis, the share price is likely to increase in the next few years. And the maximum share price target for Avenue Supermarts (DMart) could be Rs 6,320.20 to Rs 6,520.40 by 2030.
Is it good to buy?
Bankshala team, our research and technical analysis suggest that it is weak in the near term and is likely to decline further. But in the long run, Avenue Supermarts (DMart) will be profitable.
Risk Factors
There are several risk factors with Avenue Supermart Ltd. The company has established unwavering trust with the consumers across all its products. Nevertheless, the stock market is dynamic and changes in the following conditions may affect the company.
- Company Performance: This is one of the major factors that can affect Avenue Supermarts share price. If the revenue, profit and growth prospects of a company are getting worse day by day.
- Industry Trends: Avenue Supermarts operates in the retail sector, which is subject to many market trends and external factors. Changes in consumer behaviour, competition and government policies can all affect a company’s share price.
- Competition: Already established and new market entrants can affect its share price in any way.
- Investor Sentiment: Market mood and investor sentiment have a significant impact on the share price. Such as positive news, strong earnings reports and new stores can drive the stock price up. While negative news, such as declining revenue or regulatory issues, can push the stock price down.
FAQs
A: The Avenue Supermarts (Dmart) share price will be Rs 4,850.10 to Rs 5,240.20 in 2025.
A: The Dmart share price will be Rs Rs 6,320.20 to Rs 6,520.40 in 2030.
A: It is suggested that it is weak in the near term and is likely to decline further. But in the long run, Avenue Supermarts (DMart) will be profitable.
A: The Avenue Supermarts (Dmart) share price will be Rs 3340.20 to Rs 3755.30 in 2023.
Disclaimer: All the share price predictions on our website (bankshala.com) are for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice. Before investing in any company you should do your own research and analyze it and consult your financial advisor.
