Avenue Supermarts Ltd

Avenue Supermarts’ commercial paper limit reaffirmed by ICRA at Rs 1,500 crores

9 Oct 2026

Avenue Supermarts Ltd announced that ICRA Limited has reaffirmed the rating of [ICRA]A1+ for its Commercial Paper with an enhanced limit of Rs 1,500 crores, previously Rs 1,300 crores, and reaffirmed the rating for its Commercial Paper of Rs 1,500.00, noting it is available at www.icra.in and subject to Financial Sector Regulator# Commercial Paper guidelines; ICRA has also indicated that the ratings for unspecified amounts of debt instruments/borrowing require revalidation if not issued within 3 months and remain valid throughout the life of the programme, capped at a maximum of 12 months, while ratings for Debt Securities are currently unavailable.

Avenue Supermarts secures CRISIL AAA/Stable rating for Rs. 1,000 crore Non-Convertible Debentures

31 Aug 2026

Avenue Supermarts Ltd announced that Crisil Ratings Limited has assigned a CRISIL AAA/Stable rating to its Non-Convertible Debentures amounting to Rs. 1,000 crores, representing the first, second, and third tranches; this rating is pronounced as Crisil triple A rating with Stable outlook. Crisil Ratings also provided a rating for a debt issue, noting that the rating reflects the likelihood of timely payment, while Crisil has indicated "N/A" ratings for a comprehensive list of instruments including Listed/Proposed to be listed bonds/debentures/preference share (all securities), Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all securities), Listed PTCs / Securitisation Notes, Unlisted PTCs / Securitisation Notes, Commercial Paper and NCDs, Loan Facilities, External Commercial Borrowings, Certificates of Deposit, Fixed Deposits, Inter Corporate Deposits, Issuer Ratings, Credit Ratings for Capital Protection Oriented Schemes, Credit quality ratings for Mutual Fund Schemes, Security Receipts, Independent Credit Evaluation, and Expected Loss Ratings, all regulated by various bodies including SEBI, RBI, and MCA.

Avenue Supermarts receives AAA ratings from ICRA for Rs 1,000 worth of debentures

24 Aug 2026

Avenue Supermarts Ltd announced that ICRA Limited has assigned an ICRA AAA (Stable) rating to its outstanding Non-Convertible Debentures amounting to Rs 1,000 and a [ICRA]AAA (Stable) rating to its proposed Non-Convertible Debentures amounting to Rs 1,000.00, with the latter also carrying a AAA (Stable) rating from ICRA and being valid throughout the life of the captioned programme, both actions noted as assignments and subject to regulatory oversight from the Financial Sector Regulator, while no other rating agencies have provided commentary or actions regarding any instruments.

Avenue Supermarts' Commercial Paper limit enhanced to Rs. 1,300 crore by ICRA

5 Aug 2026

Avenue Supermarts Ltd announced that ICRA Limited has reaffirmed and assigned an enhanced limit for its Commercial Paper at Rs. 1,300.00 with a rating of [ICRA]A1+, previously enhanced from Rs. 800 crores, and also reaffirmed the rating for its Commercial Paper at Rs. 1,300.00 with a rating of [ICRA]A1+, subject to Financial Sector Regulator; RBI, alongside a Debt Securities Programme with a rating valid throughout the life of the programme (max maturity 12 months) requiring revalidation if not issued within 3 months, and carrying a Sensitivity Label: Restricted; no other rating agencies were involved in this announcement.

Avenue Supermarts dips as flat metro store growth tempers upbeat Q1 results

13 Jul 2026

Avenue Supermarts slipped 2.34% to Rs 3,985.30 after the company reported slower growth in mature stores, with same-store sales growth moderating and performance in large metro markets remaining flat during the first quarter.

Avenue Supermarts, which owns and operates the DMart retail chain, reported an 11.33% increase in consolidated net profit to Rs 860.61 crore for the first quarter of FY27, compared with Rs 772.97 crore in the corresponding quarter last year. Revenue from operations rose 14.88% to Rs 18,794.53 crore in Q1 FY27 as against Rs 16,359.70 crore in Q1 FY26. During the quarter, the company's profit before tax (PBT) increased 11.88% year-on-year to Rs 1,183.14 crore. Consolidated EBITDA increased 15.39% year-on-year to Rs 1,499 crore in Q1 FY27 from Rs 1,299 crore in the corresponding quarter last year. The EBITDA margin improved marginally to 8.0% from 7.9%. Profit before tax (PBT) rallied 11.88% year on year to Rs 1,183.14 crore in Q1 FY27. D-Mart follows Everyday low cost - Everyday low price (EDLC-EDLP) strategy which aims at procuring goods at competitive prices, using operational and distribution efficiency and thereby delivering value for money to customers by selling at competitive prices. On a standalone basis, the company's net profit rose 12.78% to Rs 935.77 crore, while revenue from operations increased 15.13% to Rs 18,343.49 crore in Q1 FY27 over Q1 FY26. The company's standalone EBITDA grew 16.29% to Rs 1,527 crore from Rs 1,313 crore in the year-ago quarter, with the EBITDA margin improving to 8.3% from 8.2%. Anshul Asawa, managing director (MD) & CEO, Avenue Supermarts, commented on the performance of the DMart (Brick and Mortar) Business: 'Our revenue in Q1 FY27 grew by 15.1% over the previous year. Profit after tax (PAT) grew by 12.8% over the previous year. Two years and older DMart stores grew by 5.5% during Q1 FY27 as compared to 7.1% in Q1 FY26. In large metros, growth in older stores which have significantly higher revenue per square foot was flat this quarter. While stores in non-metros continue to grow well. We opened 3 new stores during the quarter taking our total store count to 503'. Vikram Dasu, whole time director & CEO, Avenue E-Commerce commented on the performance of the E-Commerce (DMart Ready) business: We continue to deepen our focus in large metro cities while improving our model. During the quarter, we have discontinued our operations in seven cities which were marginal contributors. As of June 30, 2026, we operate in 11 cities. Meanwhile, the company has re-appointed Bhaskaran N as whole-time director, designated as chief operating officer (COO), for the period from 17 October 2026 to 31 May 2028, subject to shareholders' approval. The company also appointed Lalit Ahuja as chief operating officer and senior management personnel with effect from 13 July 2026. Further, Parvez Vandrewala's designation has been changed from chief operating officer to head ' Centre of Excellence, effective 1 November 2026. He will continue as a senior management personnel of the company. Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is a national supermarket chain that offers customers a range of home and personal products under one roof. The Company offers a wide range of products with a focus on Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories. Powered by Capital Market - Live News