| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 19,644 | 16,676 | +17.8% |
| EBITDA | 1,393 | 1,214 | +14.8% |
| EBITDA margin | 7.1% | 7.3% | −0.2 pts |
| Profit before tax | 1,025 | 945 | +8.5% |
| Net profit | 743 | 685 | +8.5% |
| EPS | ₹11.40 | ₹10.53 | +8.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 2,04,318 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 160 | 286 | 357 | 444 | 409 | ||
| −2.5 | −1.7 | −1.1 | −0.5 | 0.1 | ||
| 2,425 | 2,425 | 820 | 592 | 643 | ||
| 2,06,580 | — | — | — | — | ||
| 74,223 | 68,821 | 59,358 | 50,789 | 42,840 | ||
| — | +15.9% | +16.9% | +18.6% | — | ||
| 5,566 | 5,187 | 4,487 | 4,104 | 3,637 | ||
| 7.5% | 7.5% | 7.6% | 8.1% | 8.5% | ||
| 4,409 | 4,150 | 3,618 | 3,373 | 2,998 | ||
| 3,116 | 2,970 | 2,707 | 2,536 | 2,378 | ||
| 4.2% | 4.3% | 4.6% | 5.0% | 5.6% | ||
| ₹47.81 | ₹45.56 | ₹41.54 | ₹38.90 | ₹36.48 | ||
| — | +9.7% | +6.8% | +6.6% | — | ||
| — | 3,467 | 2,463 | 2,746 | 2,630 | ||
| — | −4,113 | −3,423 | −2,731 | −2,212 | ||
| −647 | −647 | −960 | 14.6 | 418 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,04,317.7 | |
| - Cash, Equiv & ST Investments | 409.3 | 443.8 | 356.7 | 285.7 | 160.0 | |
| + Minority Interest | 0.1 | -0.5 | -1.1 | -1.7 | -2.5 | |
| + Total Debt | 643.0 | 592.2 | 819.6 | 2,425.0 | 2,425.0 | |
| Enterprise Value | — | — | — | — | 2,06,580.3 | |
| Revenue | 42,839.6 | 50,788.8 | 59,358.1 | 68,820.7 | 74,223.3 | |
| Growth %, YoY | — | +18.6 | +16.9 | +15.9 | — | |
| EBITDA | 3,637.0 | 4,103.8 | 4,487.3 | 5,186.6 | 5,566.2 | |
| Margin % | 8.49 | 8.08 | 7.56 | 7.54 | 7.50 | |
| EBIT | 2,998.2 | 3,373.0 | 3,617.8 | 4,149.6 | 4,408.9 | |
| Net Income | 2,378.3 | 2,535.6 | 2,707.5 | 2,969.9 | 3,115.6 | |
| Margin % | 5.55 | 4.99 | 4.56 | 4.32 | 4.20 | |
| EPS, Adj (current shares) | 36.48 | 38.90 | 41.54 | 45.56 | 47.81 | |
| Growth %, YoY | — | +6.6 | +6.8 | +9.7 | — | |
| Cash from Operations | 2,630.3 | 2,745.8 | 2,463.0 | 3,466.7 | — | |
| Capital Expenditures | -2,212.0 | -2,731.3 | -3,423.0 | -4,113.4 | — | |
| Free Cash Flow | 418.3 | 14.6 | -960.1 | -646.6 | -646.6 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Avenue Supermarts (NSE: DMART) had a market capitalisation of ₹2,07,089 crore at the 29 October 2026 close (₹3,175.00 a share), a PE ratio of 66.4 on the last four quarters' profit and a price-to-book ratio of 7.93. In FY26 its consolidated net profit attributable to shareholders was ₹2,970 crore on revenue of ₹68,821 crore; in Q2 FY27 (July–September 2026) it was ₹744 crore, up 8.5% year on year. Its debt-to-equity ratio was 0.16 on 30 September 2026. Promoters held 74.48% of the shares on 30 September 2026.
DMart's PE ratio is 66.4 at the 29 October 2026 close (₹3,175.00 a share): a market capitalisation of ₹2,07,089 crore divided by consolidated net profit attributable to shareholders of ₹3,117 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹2,970 crore) it is 69.7.
DMart's price-to-book (PB) ratio is 7.93 at the 29 October 2026 close: a market capitalisation of ₹2,07,089 crore divided by shareholders' equity (book value) of ₹26,099 crore on 30 September 2026. That is a book value of ₹400.13 per share against a share price of ₹3,175.00.
DMart's net worth — shareholders' equity in its consolidated balance sheet — was ₹26,099 crore on 30 September 2026, up 14.0% from ₹22,890 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,07,089 crore at the 29 October 2026 close.
DMart's market capitalisation was ₹2,07,089 crore (₹2.07 lakh crore) at the 29 October 2026 close: 65.23 crore shares at ₹3,175.00 each.
No. DMart had borrowings of ₹4,264 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.16. Its cash and current investments were ₹197 crore, so its net debt was ₹4,067 crore.
DMart's basic earnings per share (EPS) were ₹45.65 in FY26, against ₹41.61 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹47.84.
DMart's debt-to-equity ratio was 0.16 on 30 September 2026: borrowings of ₹4,264 crore against total equity of ₹26,096 crore. A year earlier, on 30 September 2025, it was 0.07.
Promoters held 74.48% of DMart on 30 September 2026, unchanged from the previous quarter and down 0.17 percentage points from 74.65% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, DMart generated ₹3,467 crore of cash from operations and spent ₹4,113 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹647 crore. In FY25 it was −₹960 crore.
In FY26, DMart's return on equity (ROE) was 13.0% and its return on capital employed (ROCE) was 17.3%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 13.5% and ROCE 17.5%.
On 30 September 2026, DMart's shares were held by promoters 74.48%, foreign portfolio investors (FII/FPI) 8.49%, domestic institutions (DII) 9.43% (including mutual funds at 7.52%) and retail and other non-institutional investors 7.60%. Over the year, FII holding was down 0.24 percentage points from 8.73% and DII holding was up 0.35 percentage points from 9.08%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, DMart's PE ratio is 69.7, the second highest of the four: Trent 88.7, V-Mart Retail 47.7 and Indian Hotels (IHCL) 55.3, a peer average of 63.9. Each is the company's market capitalisation at that price divided by its FY26 net profit.
DMart's book value per share was ₹400.13 on 30 September 2026: shareholders' equity of ₹26,099 crore divided by the 65.23 crore shares in issue, up 13.8% from ₹351.75 a year earlier. The share price at the 29 October 2026 close was ₹3,175.00.
DMart's latest results are for Q2 FY27 (July–September 2026), filed on 10 October 2026: consolidated net profit attributable to shareholders ₹744 crore, up 8.5% from ₹685 crore in Q2 FY26; revenue from operations ₹19,644 crore, up 17.8% year on year.
In FY26 (April 2025–March 2026), DMart's consolidated net profit attributable to shareholders was ₹2,970 crore, up 9.7% from ₹2,708 crore in FY25, on revenue from operations of ₹68,821 crore (up 15.9%). Over three years, from FY23, net profit was up 24.9%.
DMart has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against Trent, V-Mart Retail and Indian Hotels (IHCL): DMart's operating margin of 6.0% is the third highest of the four (Trent 11.5%, V-Mart Retail 5.7%, Indian Hotels (IHCL) 26.7%; peer average 14.7%); its return on equity of 13.0% is the lowest of the four (Trent 27.6%, V-Mart Retail 14.1%, Indian Hotels (IHCL) 17.2%; peer average 19.6%); its revenue growth over three years of 17.1% a year is the third highest of the four (Trent 34.6% a year, V-Mart Retail 15.4% a year, Indian Hotels (IHCL) 18.6% a year; peer average 22.8% a year).
In FY26, DMart earned net profit attributable to shareholders of ₹2,970 crore on revenue of ₹68,821 crore, against ₹1,720 crore on ₹20,074 crore for Trent. DMart's operating margin was 6.0% (Trent 11.5%) and its return on equity 13.0% (Trent 27.6%). At the 29 October 2026 close, DMart's market capitalisation was ₹2,07,089 crore against ₹1,52,586 crore for Trent, and its PE ratio on FY26 profit 69.7 against 88.7.
From Avenue Supermarts' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.