DMart

Avenue Supermarts Limited
Trade name	DMart
Type	Public
Traded as	BSE: 540376; NSE: DMART;
ISIN	INE192R01011
Industry	Retail
Genre	Supermarket
Founded	Powai, Mumbai, Maharashtra (15 May 2002)
Founder	Radhakishan Damani
Headquarters	Anjaneya Cooperative Housing Society Ltd, Orchard Avenue, Powai, Mumbai, Maharashtra, India
Number of locations	214[1] (June 2020)
Area served	India
Revenue	$2.71 billion (FY19)
Net income	$133.85 million (FY19)
Website	dmartindia.com

Avenue Supermarts Limited, doing business as DMart, is an Indian chain of hypermarkets in India founded by Radhakishan Damani in the year 2002, with its first branch in Powai’s Hiranandani Gardens.[2] As of 31 December 2019, it had 196 stores in 72 cities across 11 states in India including Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka, Uttar Pradesh, Daman and Punjab.[3][4]

DMart is promoted by Avenue Supermarts Ltd. (ASL).[5] The company has its headquarters in Mumbai. As of 31 March 2019, DMart had a total of 7,713 permanent employees and 33,597 employees hired on contractual basis.[6]

After the IPO listing (as Avenue Supermarts Ltd.), it made a record opening on the market on the National Stock Exchange. After the close of the stock on 22 March 2017, its market value rose to ₹39,988 crore. This pegged it as the 65th most valuable Indian firm, ahead of Britannia Industries, Marico and Bank of Baroda. [7]

As of 21 November 2019, the market capitalization of DMart is close to ₹114,000 crore, making it the 33rd largest company listed on the Bombay Stock Exchange.

A DMart store in Tirupati.

References

https://www.businessinsider.in/business/news/radhakishan-damani-has-a-string-of-challenges-ahead-of-him-and-falling-profits-at-dmart-dont-help/articleshow/76936913.cms
""D'Mart beats the Goliaths"". Business Standard.
"Submission to BSE - Report on the proceedings of the company meeting and Investor relations update October 2018" (PDF). www.dmartindia.com. Avenue supermarts. Retrieved 15 October 2018.
"Corporate Presentation Jan 2020" (PDF). www.bseindia.com. 16 January 2020. Retrieved 25 March 2020.
Sonavane, Ravindra N. (11 June 2018). "D-Mart parent joins Rs1 trillion market cap club". www.livemint.com. Retrieved 11 June 2018.
"Annual Report 2018-19" (PDF). www.dmartindia.com. 23 July 2019. Retrieved 25 March 2020.
"D-Mart: Will today's winner Radhakishan Damani of D-Mart face these four challenges of tomorrow?". Economictimes.indiatimes.com. 23 March 2017. Retrieved 19 July 2018.

External links

Official website

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[1] ttps://www.businessinsider.in/business/news/radhakishan-damani-has-a-string-of-challenges-ahead-of-him-and-falling-profits-at-dmart-dont-help/articleshow/76936913.cms

[2] ""D'Mart beats the Goliaths"". Business Standard.

[3] "Submission to BSE - Report on the proceedings of the company meeting and Investor relations update October 2018" (PDF). www.dmartindia.com. Avenue supermarts. Retrieved 15 October 2018.

[4] "Corporate Presentation Jan 2020" (PDF). www.bseindia.com. 16 January 2020. Retrieved 25 March 2020.

[5] Sonavane, Ravindra N. (11 June 2018). "D-Mart parent joins Rs1 trillion market cap club". www.livemint.com. Retrieved 11 June 2018.

[6] "Annual Report 2018-19" (PDF). www.dmartindia.com. 23 July 2019. Retrieved 25 March 2020.

[7] "D-Mart: Will today's winner Radhakishan Damani of D-Mart face these four challenges of tomorrow?". Economictimes.indiatimes.com. 23 March 2017. Retrieved 19 July 2018.