AVENUE SUPERMARTS (DMART) SHARE PRICE TARGET 2023, 2024, 2025 TO 2030

Investors have been keeping an eye on Avenue Supermarts Ltd, the business that runs the well-known retail chain DMart, for a time now. Many people are unsure about the company’s share price’s future given its recent track record of strong revenue and profit growth. Whether Avenue Supermarts Ltd’s share price reaches the aim of 10,000 INR by 2025 is the question on everyone’s mind. It’s critical to assess if a stock is a good one to buy or not because of how unpredictable the stock market remains. In order to decide whether Avenue Supermarts Ltd is a suitable investment option, we will look at the company’s financial performance and future prospects in this article.

Dmart is run by successful investor, Radhakishan Damani, a very well known name in the share market world.

• Consolidated net profit for Q2 FY24 was Rs 623.35 crore, down 9.09% from the previous year and 5.36% from the previous quarter.
• Standalone net profit for Q1 FY24 decreased by 10.91% to Rs 658.54 crore compared to the same quarter last year.
• Consolidated revenue from operations in Q2 FY24 increased by 18.66% YoY to Rs 12,624.37 crore and rose 6.39% from the previous quarter.
• Standalone total revenue for Q2 FY24 grew by 18.51% to Rs 12,307.72 crore compared to the same period last year.
• EBITDA for Q2 FY24 was Rs 1,005 crore, with an EBITDA margin of 8.0%.
• The company opened 9 new stores during the quarter, bringing the total store count to 336.
• While revenue was largely in line with expectations, the profit missed estimates, with a consensus estimate of Rs 675 crore for net profit.

How to purchase Avenue Supermarts Ltd (DMart) shares?

Below are the trading platforms that you can use to purchase Avenue Supermarts Ltd shares:

• Zerodha
• Upstox
• Groww
• AngelOne
• ICICIDirect

Avenue Supermarts Ltd (DMart) Share Price Prediction: 2023 to 2030

Avenue Supermarts (Dmart) Share Price Target 2023

Avenue Supermarts Share Price Target 2024

In 2024, Avenue Supermarts, the parent company of Dmart, is expected to see a range of share price targets, indicating potential developments in its stock value throughout the year. These projections suggest a generally positive trend.

In January, the share price target is estimated to fluctuate between a maximum of ₹4,226.45 and a minimum of ₹3,675.18, while December 2024 is projected to have a target range of ₹4,833.29 at the highest end and ₹4,202.86 at the lowest.

This suggests a favorable outlook for investors, with the company potentially experiencing increased stock value throughout the year. Please note that these are projections and market conditions can change.

Avenue Supermarts Share Price Target 2025

In 2025, Avenue Supermarts, the company behind Dmart, is poised for a year of potential growth as per the projected share price targets. These estimates indicate an optimistic outlook for investors. Starting in January, the share price target is expected to range from a maximum of ₹4,929.96 to a minimum of ₹3,792.28, reflecting early-year confidence in the company’s performance. As the year unfolds, the share price targets continue to climb.

By December 2025, the maximum price target is estimated to reach ₹5,892.46, while the minimum is expected to be ₹4,532.66. This suggests a consistent upward trajectory in the stock’s value throughout the year. However, it’s essential to remember that these projections are subject to market dynamics and various external factors, so investors should exercise caution and perform thorough research before making any financial decisions.

Avenue Supermarts Share Price Target 2026-2030

Avenue Supermarts share price target by Experts

Avenue Supermarts share price target by Motilal Oswal

What is the current share price of Avenue Supermarts Ltd?

As of October 27, 2023, the share price of Avenue Supermarts is ₹3,677.

Can Avenue Supermarts Ltd reach a share price of ₹10,000 by 2025?

It is difficult for Avenue Supermarts Ltd to reach a share price of ₹10,000 by 2025. However, the company has shown consistent growth in revenue and profits over the years, and according to our analysis, Dmart should reach Rs.10,000INR by 2028.

What was the revenue growth of Avenue Supermarts Ltd in the last 5 years?

The revenue growth of Avenue Supermarts Ltd in the last 5 years was 105.5%, from ₹20,005 crores in March 2019 to ₹42,840 crores in March 2023.

What was the profit growth of Avenue Supermarts Ltd in the last 5 years?

The profit growth of Avenue Supermarts Ltd in the last 5 years was 163.97%, from ₹902 crores in March 2019 to ₹2,378 crores in March 2023.

What is the Price to Earnings (P/E) ratio of Avenue Supermarts?

As of October 27, 2023, the P/E ratio of Avenue Supermarts is 103.

What is the dividend payout ratio of Avenue Supermarts?

Dmart does not pay any dividend.

What is the operating profit margin (OPM) of Avenue Supermarts Ltd?

The operating profit margin (OPM) of Avenue Supermarts Ltd for the specified years ranges from approximately 7.22% to 9% from 2019 to 2023.

Is Avenue Supermarts Ltd a good investment option?

Investment decisions should be made after careful consideration of various factors, including the company’s financial performance, industry trends, and market conditions. However, Avenue Supermarts Ltd has shown consistent growth in revenue and profits over the years, which indicates a potential for growth in the future.

How many total DMart stores are there all over India?

Till date, there are 327 DMart stores operating across multiple locations in India.

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Stuck in DMart for 2 years. What should I do?

If you are one of those who bought DMart at a higher valuation, you need to ask yourself, why did you buy DMart then? Is it for long term investment or short term profit? If it was for short term, you can exit the stock taking a loss, and analyse other options where you can fetch better results. However, if you are one of those, who can wait for 2-3 years or more, DMart could be a good stock to hold on.

Conclusion: Is Avenue Supermarts Ltd (DMart) a good share to buy in 2023?

Avenue Supermarts Ltd (DMart) appears to be a promising long investment in 2023. The company has demonstrated consistent revenue growth over the last five years, with a significant increase in sales figures from Rs 20,005 crores in March 2019 to Rs 42,840 crores in March 2023, representing a growth rate of approximately 114.16% in 5 years. Despite rising expenses, DMart has maintained a healthy operating profit margin (OPM) ranging from 7.22% to 9%, indicating effective cost management and operational efficiency.

Moreover, DMart’s net profit has shown steady growth, reaching Rs 2,378 crores in March 2023, representing a profit growth rate of approximately 163.97% over the last five years. This indicates the company’s ability to generate consistent profits and manage its operations effectively.

The current P/E ratio of 101 may make Dmart look highly overvalued, however, there was a time when DMart was trading at a P/E of 313. I think long term institutional investors do not mind paying a higher price for a company like DMart.

However, short term traders may skip DMart, as this is one stock that is not going to give you 100% return in 1 to 2 years. With Dmart, my expectation is 15 to 20% growth every year.

To note: The earnings per share (EPS) has reduced from Rs 14.46 in March 2019 to Rs 10.13 in June 2023.

Considering the positive financial indicators, DMart’s strong market position as a retail company, and its consistent growth in revenue, profit, and EPS, it can be inferred that DMart has the potential to be a good investment in 2023 (but only for long term investors). However, it is essential for investors to conduct further research, analyze market conditions, and evaluate their own investment goals and risk tolerance before making any investment decisions.

Disclaimer: I hold Dmart in my portfolio for long term. I am willing to wait 5-10 years for the stock to increase in its value. I am also not a SEBI approved financial advisor. This post on Dmart share price target is just for education, and not a financial advise.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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