By- {Walton}
October 2, 2024
Avenue Supermarts Ltd, the parent company of D-Mart, is a leading player in India’s retail industry. Known for its commitment to providing good quality products at affordable prices, D-Mart has rapidly grown since its inception in 2002. With a solid presence across India, the company offers a wide range of products including groceries, apparel, and home essentials.
In this article, we explore D-Mart’s share price predictions for 2024, 2025, 2030, 2040, and 2050, along with insights from the company’s 2023-24 annual report.
Explore Avenue Supermarts Ltd (D-Mart) share price target predictions for 2024, 2025, 2030, 2040, and 2050. Learn about their financial performance, future plans, and market potential.
Company Background
Avenue Supermarts Ltd (D-Mart) was founded by Mr. Radhakishan Damani in 2002. The company focuses on value retailing and operates more than 365 stores across India. D-Mart’s business model is centered around offering products at Everyday Low Cost/Everyday Low Price (EDLC/EDLP), ensuring high customer satisfaction.
Key Financial Highlights from the 2023-24 Annual Report
- Revenue from Operations: ₹49,533 crore
- EBITDA: ₹4,099 crore
- Profit After Tax (PAT): ₹2,695 crore
- Number of Stores: 365
- Retail Business Area: 15.15 million sq. ft.【source】
Read More: Easy Trip Share Price Target
Yearly Price Prediction Table for Avenue Supermarts Ltd (D-Mart) 2024 To 2050
Year | Minimum Price (₹) | Maximum Price (₹) |
---|---|---|
2024 | ₹4,100 | ₹5,950 |
2025 | ₹6,000 | ₹6,800 |
2030 | ₹7,800 | ₹8,900 |
2040 | ₹13,000 | ₹15,600 |
2050 | ₹19,500 | ₹22,600 |
Summary:
- 2024: Expected price range between ₹4,100 and ₹5,950, driven by D-Mart’s expansion and increasing demand for affordable retail.
- 2025: Projected growth could push the share price between ₹6,000 and ₹6,800 as the company opens more stores.
- 2030: Long-term growth and innovation may see the stock range from ₹7,800 to ₹8,900.
- 2040: Strong operational efficiency and market presence could elevate the price to ₹13,000-₹15,600.
- 2050: As a dominant player in retail, the stock could reach ₹19,500-₹22,600 by 2050.
DMART Share Price Target 2024
Price Prediction Summary (2024):
- Minimum Price Target: ₹4,100
- Maximum Price Target: ₹5,950
Table: 2024 Price Prediction
Year | Minimum Price (₹) | Maximum Price (₹) |
---|---|---|
2024 | ₹4,100 | ₹5,950 |
Summary:
D-Mart’s share price is expected to range between ₹4,100 and ₹5,950 in 2024, driven by its strong expansion strategy and market demand for affordable retail products.
DMART Share Price Target 2025
Price Prediction Summary (2025):
- Minimum Price Target: ₹6,000
- Maximum Price Target: ₹6,800
Table: 2025 Price Prediction
Year | Minimum Price (₹) | Maximum Price (₹) |
---|---|---|
2025 | ₹6,000 | ₹6,800 |
Summary:
In 2025, D-Mart’s share price is projected to rise to ₹6,000-₹6,800 as the company continues its growth trajectory by opening more stores across India.
DMART Share Price Target 2030
Price Prediction Summary (2030):
- Minimum Price Target: ₹7,800
- Maximum Price Target: ₹8,900
Table: 2030 Price Prediction
Year | Minimum Price (₹) | Maximum Price (₹) |
---|---|---|
2030 | ₹7,800 | ₹8,900 |
Summary:
By 2030, D-Mart’s expansion into newer markets and its focus on providing value for money will likely push its stock price to between ₹7,800 and ₹8,900.
DMART Share Price Target 2040
Price Prediction Summary (2040):
- Minimum Price Target: ₹13,000
- Maximum Price Target: ₹15,600
Table: 2040 Price Prediction
Year | Minimum Price (₹) | Maximum Price (₹) |
---|---|---|
2040 | ₹13,000 | ₹15,600 |
Summary:
By 2040, D-Mart could see its share price reach ₹13,000-₹15,600, thanks to its robust operational efficiency and consumer loyalty in India.
DMART Share Price Target 2050
Price Prediction Summary (2050):
- Minimum Price Target: ₹19,500
- Maximum Price Target: ₹22,600
Table: 2050 Price Prediction
Year | Minimum Price (₹) | Maximum Price (₹) |
---|---|---|
2050 | ₹19,500 | ₹22,600 |
Summary:
In 2050, D-Mart’s continued market expansion and a strong focus on sustainability could propel the stock price to a range of ₹19,500-₹22,600.
Competitors
- Reliance Retail – A key player in India’s retail sector, offering a wide range of products from groceries to fashion.
- Big Bazaar – Operates large-scale supermarkets and retail stores across India, focusing on everyday essentials.
- Spencer’s Retail – Specializes in grocery, apparel, and electronics.
- More Retail – Known for its neighborhood stores offering fresh produce, groceries, and daily essentials.
- Aditya Birla Retail – A major player in grocery retail with a strong presence in India.
Risk Factors
- Market Competition: Intense competition from other retail giants like Reliance Retail could affect D-Mart’s growth.
- Supply Chain Disruptions: Any disruption in D-Mart’s efficient supply chain could negatively impact profitability.
- Economic Fluctuations: Economic downturns could reduce consumer spending, especially in discretionary categories.
- Regulatory Changes: Changes in government policies related to retail and foreign investments could pose challenges.
Future Plans
- Store Expansion: D-Mart plans to expand its store network in new regions, targeting both metro and tier-2 cities.
- Sustainability Initiatives: The company is focusing on eco-friendly practices such as solar energy installations and water conservation systems in its stores.
Profit and Loss Summary
Year | Total Revenue (₹ in Crore) | Profit After Tax (₹ in Crore) |
---|---|---|
2023 | ₹49,533 | ₹2,695 |
Summary:
D-Mart’s revenue for FY 2023-24 stood at ₹49,533 crore with a net profit of ₹2,695 crore. This steady growth highlights the company’s strong financial health and ability to capture market share【 Dmart Annual Report source】.
Annual Report Summary
The 2023-24 annual report highlights D-Mart’s impressive growth:
- 41 new stores were added in FY 2023-24, bringing the total to 365 stores across India.
- The company recorded ₹49,533 crore in revenue, reflecting an 18% YoY increase.
Pros and Cons
Pros:
- Strong brand recognition and customer loyalty.
- Consistent financial growth and profitability.
- Efficient supply chain and operational model.
Cons:
- Intense competition from larger retail players.
- Vulnerability to economic downturns.
- Challenges in scaling operations while maintaining profitability.
Conclusion
D-Mart continues to show robust growth in India’s retail market. Its commitment to low-cost retailing, customer satisfaction, and expansion into new regions makes it a strong contender for long-term investment. However, potential investors should be mindful of risks such as competition and market fluctuations before making investment decisions.
FAQs
What is D-Mart’s core business?
D-Mart is a retail chain offering a wide range of products, including groceries, clothing, and home essentials.
What is the share price target for 2024?
The share price for 2024 is expected to range between ₹4,100 and ₹5,950.
What are D-Mart’s future growth plans?
D-Mart plans to expand its store network and focus on sustainability initiatives like solar energy.
Who are D-Mart’s main competitors?
Competitors include Reliance Retail, Big Bazaar, Spencer’s Retail, More Retail, and Aditya Birla Retail.
What are the risks associated with D-Mart?
Risks include competition, supply chain disruptions, and economic fluctuations.
Is D-Mart a good long-term investment?
D-Mart’s solid financial performance and expansion strategy make it a promising option for long-term investors.
What were D-Mart’s earnings in FY 2023-24?
D-Mart reported a revenue of ₹49,533 crore and a net profit of ₹2,695 crore in FY 2023-24.
Disclaimer: This is just an estimate that the share target of D-Mart can be this much. If you want to invest then talk to an advisor and then invest. News.Homedecore24.com will not take any responsibility if your money is lost. Please invest money at your own risk.