Radhakishan Damani-Backed Consumer Services Company Announces Q4 Results; Share Price Falls 3% Despite PAT Rising 19% YoY

The Indian equity markets traded in the green on Monday, with the Nifty 50 index gaining 0.82 per cent to 24,193.30 during the session. Despite the strength in benchmark indices, stock-specific selling pressure remained visible in select retail counters. In this segment, Avenue Supermarts remained in focus after the company announced its Q4FY26 and FY26 consolidated financial results. Following the earnings announcement, DMart share price declined by 2.81 per cent to Rs 4,457 on Monday.

Avenue Supermarts (DMart) Q4FY26 Results

Avenue Supermarts reported consolidated revenue from operations of Rs 17,683.86 crore in Q4FY26 as against Rs 14,871.86 crore in Q4FY25, registering a growth of 18.9 per cent YoY. Total income stood at Rs 17,702.03 crore compared to Rs 14,896.91 crore in the corresponding quarter last year, reflecting a growth of 18.8 per cent YoY.

Profit before Tax came in at Rs 904.17 crore in Q4FY26 as against Rs 720.30 crore in Q4FY25, marking a growth of 25.5 per cent YoY. Net profit attributable to equity holders of the company stood at Rs 656.42 crore compared to Rs 550.79 crore reported in the year-ago quarter, registering a growth of 19.2 per cent YoY. Earnings per share for the quarter stood at Rs 10.09 as against Rs 8.47 in Q4FY25.

Avenue Supermarts (DMart) FY26 Annual Performance

For the financial year ended March 31, 2026, Avenue Supermarts reported consolidated revenue from operations of Rs 68,820.74 crore as against Rs 59,358.05 crore in FY25, registering a growth of 15.9 per cent YoY. Total income for FY26 stood at Rs 68,894.84 crore compared to Rs 59,482.36 crore in the previous financial year, reflecting a growth of 15.8 per cent YoY.

Profit before tax stood at Rs 4,081.62 crore in FY26 compared to Rs 3,672.67 crore in FY25, marking a growth of 11.1 per cent YoY. Net profit attributable to equity holders of the company came in at Rs 2,969.86 crore as against Rs 2,707.45 crore in FY25, registering a growth of 9.7 per cent YoY. Annual earnings per share stood at Rs 45.65 compared to Rs 41.61 in the previous financial year.

Margin Pressure and Operating Insights

Despite healthy double-digit revenue growth, DMart reported some moderation in profitability margins during the quarter. Consolidated operating margin stood at 4.73 per cent in Q4FY26 as against 4.87 per cent in Q4FY25, while net profit margin narrowed to 3.71 per cent from 3.70 per cent on a largely stable basis. Rising employee costs, store operating expenses and continued expansion investments weighed on near-term margin performance even as topline remained robust.

The company’s consolidated total assets increased to Rs 29,524.26 crore as of March 31, 2026 compared to Rs 24,320.29 crore a year ago, while equity attributable to shareholders rose to Rs 24,464.04 crore, reflecting continued balance sheet strengthening amid store network expansion.

Other Key Developments

Alongside the financial results, the company informed that Independent Director Mr. Chandrashekhar Bhave will complete his second term on May 16, 2026. The Board also approved certain senior management role changes across internal audit, risk and food-pharmacy business operations as part of organisational restructuring.

About Avenue Supermarts

Avenue Supermarts Ltd is the operator of DMart retail chain and is one of India’s largest food and grocery focused supermarket businesses. The company operates large-format value retail stores offering food, FMCG, apparel, home products, general merchandise and daily essentials across major Indian cities.

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Disclaimer: This article is for informational purposes only and not investment advice.