DMart (Avenue Supermarts) Share Price Target for 2024, 2025, to 2030
DMart Share Price Target: This article is about the Avenue Supermart d/b/a DMart share price forecast for the upcoming years. We will analyze the estimated stock price of the company so that you can make a better decision about investing in it. Before we look into the company’s share price forecast, let us first understand the company’s background, financials, technical fundamentals, etc.
Avenue Supermarts Limited (DMart): An Overview
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail chain of hypermarkets founded by Radhakishan Damani. As of June 2023, it had 330 stores across 14 states in India.
In March 2017, the company began its first public offering (IPO) and was admitted to the Bombay Stock Exchange and National Stock Exchange. It rose to the rank of the 65th most valuable Indian company on the day of its listing, March 22, 2017.
| Company Name | Avenue Supermarts Limited |
| Industry | Retail |
| Founded | 2002 |
| Country | India |
| Official Website | www.dmartindia.com |
Key Metrics
| Market Cap (₹) | 2,44,675 Crore |
| Sectoral Market Cap Rank | 1 |
| PE Ratio (x) | 102.11 |
| Price to Book Ratio (x) | 15.36 |
| EPS – TTM (₹) | 36.79 |
| Dividend Yield (%) | 0.00 |
| Stock – 52 Week High & Low (₹) | 4,600.00 / 3,292.00 |
Highlights of the Avenue Supermarts Limited share price forecast are shown in the table below.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2023 | – | ₹ 4,050 |
| 2024 | ₹ 3,850 | ₹ 5,240 |
| 2025 | ₹ 4,200 | ₹ 6,050 |
| 2026 | ₹ 4,900 | ₹ 6,900 |
| 2027 | ₹ 5,400 | ₹ 7,300 |
| 2028 | ₹ 5,800 | ₹ 10,320 |
| 2029 | ₹ 4,900 | ₹ 9,700 |
| 2030 | ₹ 7,500 | ₹ 11,520 |
Important Note: These price predictions of “Avenue Supermarts Limited” are only for reference purposes only, short-term and long-term Avenue Supermarts stock price predictions may be different due to the other analyzed time series. This prediction is only if there are positive market sentiments, and this analysis does not cover any uncertainties in the company or global market condition.
Future Growth of Avenue Supermarts Limited (DMart)
Earnings and Revenue Growth Forecasts of the Company
According to our growth forecast, Avenue Supermarts Limited’s earnings and revenue will grow by 20.10% and 16.10% per year, respectively. EPS is expected to grow by 18%.
Key Information
| Forecasted Earnings Growth Rate | 20.10% |
| Forecasted EPS Growth Rate | 18.00% |
| Forecasted Revenue Growth Rate | 16.10% |
| Forecasted Return on Equity | 17.30% |
Analysis of the future growth forecast of the company
✅ Company’s Earnings vs. Market: As per our forecast, the company’s earnings will grow faster than the market’s earnings, as also depicted in the chart. The company’s earnings will grow at a rate of 20.10% per year, while the market will grow at a rate of 15.80%.
✅ Company Revenue vs. Market: As per our forecast, the company’s revenue will grow faster than the market’s revenue, as also depicted in the chart. The company’s revenue will grow 16.10% per year, while the market will grow 8.40%.
❎ High Growth Revenue: The company’s revenue is forecast to grow at a rate of 16.10% per year, which is slower than 20% per year. A 20% growth rate is considered high.
Forecast Return on Equity (ROE)
✅ Estimated ROE will be 17.30%. which will be the highest in the last three years.
Past Performance of Avenue Supermarts Limited
Earnings and Revenue History of the Company
✅ When we analyze Avenue Supermarts Limited’s past earnings and revenue, its earnings growth rate was 59.36%. The company’s revenue growth rate was 38.19% per year, and its net profit margin was 5.55%, which is higher than its previous year (4.81%).
Key Information
| Earnings Growth Rate | 59.36% |
| EPS Growth Rate | 59.37% |
| Revenue Growth Rate | 38.19% |
| Return on Equity | 14.79% |
Past earnings growth analysis of the company
✅ Earnings Trend: When we analyze the earnings trend of the last 5 years, we find that the earnings of the company have grown by an average of 20% per annum.
✅ Accelerating Growth: The company has 59.36% earnings growth over the past year, which is the highest in its last 5-year earnings.
Return on Equity (ROE)
❎ Avenue Supermarts’s return on equity was 14.79%, which is considered low.
Return on Assets (ROA)
✅ The company had a ROA of 13.13%.
Return on Capital Employed (ROCE)
✅ Last year, the company had an ROCE of 18.79%.
(All figures are from the consolidated statement)
The financial health of Avenue Supermarts Limited
The financial position of the company
✅ Short-term liabilities: The short-term assets of Avenue Supermarts Limited is more than its short-term liabilities. Which is good.
✅ Long-term liabilities: The short-term assets of Avenue Supermarts Limited exceed its long-term liabilities.
Debt analysis
✅ Debt Level: The company is debt free.
Dividend
✅ Dividend Paying Company: Avenue Supermarts does not have a record of paying a dividend.
Avenue Supermarts Limited’s stock forecast for the upcoming years
Avenue Supermarts d/b/a DMart Share Price Target for 2023
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2023 | – | ₹ 4,050 |
Avenue Supermarts d/b/a DMart Share Price Target for 2024
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | ₹ 3,850 | ₹ 5,240 |
Avenue Supermarts d/b/a DMart Share Price Target for 2025
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | ₹ 4,200 | ₹ 6,050 |
Avenue Supermarts d/b/a DMart Share Price Target for 2026
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2026 | ₹ 4,900 | ₹ 6,900 |
Avenue Supermarts d/b/a DMart Share Price Target for 2027
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2027 | ₹ 5,400 | ₹ 7,300 |
Avenue Supermarts d/b/a DMart Share Price Target for 2028
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2028 | ₹ 5,800 | ₹ 10,320 |
Avenue Supermarts d/b/a DMart Share Price Target for 2029
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2029 | ₹ 4,900 | ₹ 9,700 |
Avenue Supermarts d/b/a DMart Share Price Target for 2030
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2030 | ₹ 7,500 | ₹ 11,520 |
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Recommendations: Invest in Avenue Supermarts Limited d/b/a DMart stock or sell it.
Our forecasted stock analyst implies that there will be a positive trend in the future and that Avenue Supermarts Limited shares might be good for investing to make money. If you are good with personal finance and are looking to invest, you can invest in this stock.
FAQs
Does Avenue Supermarts Limited/DMart pay good dividends to its shareholders?
With a dividend yield of 0%. Avenue Supermarts Limited/DMart does not have a record of paying a dividend.
Is Demart debt-free?
DMart or Avenue Supermarts Limited is debt debt-free company.
