Company Profile

AVENUE SUPERMARTS LTD.

NSE : DMARTBSE : 540376ISIN CODE : INE192R01011Industry : RetailingHouse : DMart
BSE3174.55-19.9 (-0.62 % )
PREV CLOSE (Rs.) 3194.45
OPEN PRICE (Rs.) 3220.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 9913
TODAY'S LOW / HIGH (Rs.)3161.65 3224.90
52 WK LOW / HIGH (Rs.)1900 3328
NSE3175.55 -18.95 (-0.59 % )
PREV CLOSE(Rs.) 3194.50
OPEN PRICE (Rs.) 3215.00
BID PRICE (QTY) 3175.55 (256 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 158635
TODAY'S LOW / HIGH(Rs.) 3161.00 3224.10
52 WK LOW / HIGH (Rs.)1954.85 3330

Company News

Date Heading Details
11-May-2021 Avenue Supermarts informs about newspaper publication <p align="justify">In accordance with Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, Avenue Supermarts has informed that it has enclosed the newspaper publication of the Standalone and Consolidated Audited Financial Statements for the quarter and year ended March 31, 2021, published in the newspapers: ‘Economic Times and Maharashtra Times' both on May 10, 2021</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
10-May-2021 Avenue Supermarts reports 53% rise in Q4 consolidated net profit <p align="justify">Avenue Supermarts has reported results for fourth quarter and year ended March 31, 2021.<p align="justify">The company has reported a rise of 51.62% in its net profit at Rs 434.95 crore for the quarter under review as compared to Rs 286.87 crore for the same quarter in the previous year. Total income of the company increased by 18.09% at Rs 7,355.68 crore for Q4FY21 as compared Rs 6,229.12 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported a rise of 52.56% in its net profit attributed to the owners at Rs 413.88 crore for the quarter under review as compared to Rs 271.29 crore for the same quarter in the previous year. Total income of the company increased by 18.58% at Rs 7,459.80 crore for Q4FY21 as compared Rs 6,290.78 crore for the corresponding quarter previous year.<p align="justify">For the year ended March 31, 2021, the company has reported a fall of 13.67% in its net profit at Rs 1,165.31crore as compared to Rs 1,349.89 crore for the previous year. Total income of the company decreased by 3% at Rs 23,996.10 crore for year under review as compared to Rs 24,738.34 crore for year ended March 31, 2020.<p align="justify">For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 15.49% in its net profit attributed to the owners at Rs 1,099.49 crore as compared to Rs 1,301.08 crore for the previous year. Total income of the company decreased by 2.37% at Rs 24,339.27 crore for year under review as compared to Rs 24,930.19 crore for year ended March 31, 2020.</p>
10-May-2021 Avenue Supermarts rises on reporting 53% rise in Q4 consolidated net profit <p align="justify">Avenue Supermarts is currently trading at Rs. 2903.35, up by 14.60 points or 0.51% from its previous closing of Rs. 2888.75 on the BSE.</p><p align="justify">The scrip opened at Rs. 2939.00 and has touched a high and low of Rs. 2957.60 and Rs. 2892.80 respectively. So far 11299 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3328.00 on 05-Mar-2021 and a 52 week low of Rs. 1900.00 on 20-Jul-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 2954.95 and Rs. 2820.80 respectively. The current market cap of the company is Rs. 187125.91 crore.</p><p align="justify">The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 16.75% and 8.26% respectively.</p><p align="justify">Avenue Supermarts has reported results for fourth quarter and year ended March 31, 2021. The company has reported a rise of 51.62% in its net profit at Rs 434.95 crore for the quarter under review as compared to Rs 286.87 crore for the same quarter in the previous year. Total income of the company increased by 18.09% at Rs 7,355.68 crore for Q4FY21 as compared Rs 6,229.12 crore for the corresponding quarter previous year.</p><p align="justify">On the consolidated basis, the company has reported a rise of 52.56% in its net profit attributed to the owners at Rs 413.88 crore for the quarter under review as compared to Rs 271.29 crore for the same quarter in the previous year. Total income of the company increased by 18.58% at Rs 7,459.80 crore for Q4FY21 as compared Rs 6,290.78 crore for the corresponding quarter previous year.</p><p align="justify">For the year ended March 31, 2021, the company has reported a fall of 13.67% in its net profit at Rs 1,165.31crore as compared to Rs 1,349.89 crore for the previous year. Total income of the company decreased by 3% at Rs 23,996.10 crore for year under review as compared to Rs 24,738.34 crore for year ended March 31, 2020.</p><p align="justify">For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 15.49% in its net profit attributed to the owners at Rs 1,099.49 crore as compared to Rs 1,301.08 crore for the previous year. Total income of the company decreased by 2.37% at Rs 24,339.27 crore for year under review as compared to Rs 24,930.19 crore for year ended March 31, 2020.<br></p>
03-May-2021 Avenue Supermarts informs about newspaper publication <div align="justify"><span>Pursuant to Regulation 47 of the Securities &amp; Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Avenue Supermarts has informed that it has enclosed a copy of newspaper advertisement with respect to notice of the Board Meeting scheduled to be held on Saturday, May 08, 2021, published in following newspapers: Financial Express on May 01, 2021 and Navshakti on May 01, 2021.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The above information is a part of company's filings submitted to BSE.</span></font></div><div><br></div>
30-Apr-2021 Board Meeting Intimation for Consideration Of Financial Results Avenue Supermarts Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/05/2021 ,inter alia, to consider and approve the Standalone & Consolidated Audited Financial Statements for the quarter and financial year ended March 31, 2021.
09-Mar-2021 Avenue Supermarts informs about closure of trading window <p align="justify">Avenue Supermarts has informed that in terms of Code of Internal Procedures and Code of Conduct for Regulating, Monitoring and Reporting of trading by Insiders of the company the ‘Trading window' for dealing in shares of the Company would remain closed for all Designated Persons and their immediate relatives from 15th March, 2021 until 2 trading days after the announcement of financial results of the Company for the quarter and financial year ending on 31st March, 2021.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p><p align="justify"><br></p><p><br></p>
11-Jan-2021 Avenue Supermarts reports 16% rise in Q3 consolidated net profit <p align="justify">Avenue Supermarts has reported results for third quarter ended December 31, 2020.<p align="justify">The company has reported 19.27% rise in its net profit of Rs 470.25 crore for the quarter under review as compared to net profit of Rs 394.26 crore for the same quarter in the previous year. Total income of the company marginally increased by 10.70% at Rs 7481.89 crore for Q3FY21 as compared Rs 6758.88 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported 16.39% rise in its net profit attributable to Equity holders of Rs 446.97 crore for the quarter under review as against net profit of Rs 384.04 crore for the same quarter in the previous year. Total income of the company increased by 11.33% at Rs 7587.32 crore for Q3FY21 as compared Rs 6815.00 crore for the corresponding quarter previous year.</p>
11-Jan-2021 Avenue Supermarts trades higher on reporting 16% rise in Q3 consolidated net profit <p align="justify">Avenue Supermarts is currently trading at Rs. 3020.00, up by 52.45 points or 1.77% from its previous closing of Rs. 2967.55 on the BSE.<p align="justify">The scrip opened at Rs. 3130.00 and has touched a high and low of Rs. 3130.05 and Rs. 2982.00 respectively. So far 65853 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3,130.05 on 11-Jan-2021 and a 52 week low of Rs. 1735.65 on 24-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 3130.05 and Rs. 2804.00 respectively. The current market cap of the company is Rs. 197474.11 crore.<p align="justify">The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 16.38% and 8.63% respectively.<p align="justify">Avenue Supermarts has reported 19.27% rise in its net profit of Rs 470.25 crore for quarter ended December 31, 2020 as compared to net profit of Rs 394.26 crore for the same quarter in the previous year. Total income of the company marginally increased by 10.70% at Rs 7481.89 crore for Q3FY21 as compared Rs 6758.88 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported 16.39% rise in its net profit attributable to Equity holders of Rs 446.97 crore for quarter ended December 31, 2020 as against net profit of Rs 384.04 crore for the same quarter in the previous year. Total income of the company increased by 11.33% at Rs 7587.32 crore for Q3FY21 as compared Rs 6815.00 crore for the corresponding quarter previous year.</p>
20-Oct-2020 Avenue Supermarts surges on converting two stores into fulfilment centres for e-commerce business <p align="justify">Avenue Supermarts is currently trading at Rs. 2117.50, up by 21.75 points or 1.04% from its previous closing of Rs. 2095.75 on the BSE.<p align="justify">The scrip opened at Rs. 2093.00 and has touched a high and low of Rs. 2123.80 and Rs. 2054.05 respectively. So far 21406 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2559.00 on 13-Feb-2020 and a 52 week low of Rs. 1701.00 on 11-Dec-2019.<p align="justify">Last one week high and low of the scrip stood at Rs. 2141.05 and Rs. 1949.30 respectively. The current market cap of the company is Rs. 137004.35 crore.<p align="justify">The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 16.38% and 8.63% respectively.<p align="justify">Avenue Supermarts, which owns and operates supermarket chain DMart, has closed two of its retail stores in Mumbai and converted them into fulfilment centres to cater to its growing e-commerce business in the city. The company opened six new DMart stores during the July-September quarter this fiscal taking its store count to 220 with total retail business area of 8.20 million sq. ft. Besides, D-Mart has also expanded its e-commerce operations in select pin codes of Pune City.<p align="justify">Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.&nbsp;</p>
20-Oct-2020 Wipro, Hero MotoCorp and Zensar Technologies to see some action today <p align="justify"><strong>Wipro</strong> has won an Application Management (AMS) and Services Integration &amp; Management (SIAM) contract from Fortum, one of the leading clean-energy companies headquartered in Espoo, Finland. As a part of the five-year agreement, the company will manage Fortum's application portfolio across hundreds of applications for more than 11,500 users across 18 countries and provide 24/7 support for business-critical applications. It will leverage its Artificial Intelligence and automation platform, Wipro HOLMES to enable process automation for enhanced end-user experience.</p><p align="justify"><strong>Hero MotoCorp</strong> has launched a new edition of the iconic Splendor motorcycle – the Splendor plus Black and Accent. A first-of-its-kind initiative in the motorcycle category, the Splendor plus Black and Accent can be customized with the graphics of customer's choice at the time of purchase. The unique concept is a result of the company's innovative ‘Hero CoLabs' contest.&nbsp; As part of the contest, participants from across the country created graphic design themes for the Splendor plus motorcycle.</p><p align="justify"><strong>Zensar Technologies</strong> has entered into an agreement with Service Express LLC to divest its global Third Party Maintenance (TPM) business. This is in line with Zensar's commitment to focus on and invest in its core businesses which comprised 96 % of its revenues as on Q1FY21. As part of its long-term strategy, Zensar had identified two non-core businesses, comprising Rest of the World (RoW) business and the TPM business. Zensar had divested the RoW business last year and is now divesting the TPM business.</p><p align="justify"><strong>Sunteck Realty</strong> has entered into an agreement to acquire around 50-acre land parcel in Vasind, Thane district, Maharashtra. The project will offer approximately 2.6 million square feet. Envisaged as a one of the large residential development under ‘Sunteck World' brand in Thane District, the project will have a revenue potential of Rs 1,250 crore (Rs 12.5 Billion) spanning over next 4-5 years. The company's Vasind acquisition reflects its differentiated development philosophy of focusing on strategic locations along the growth vector.</p><p align="justify">Tata-SIA joint venture airline Vistara has entered into partnership with the <strong>Indian Hotels Company</strong> (IHCL) for its loyalty program Club Vistara (CV). Under the tie-up, which is effective from October 19, Club Vistara members can earn three CV Points for every Rs 100 eligible spends on a stay at Taj, selections, Vivanta Hotels, and ama Stays &amp; Trails. The airline has also rolled out an introductory offer, in which CV members can earn 2x CV Points (six CV Points) on eligible spends at IHCL hotels until November 2020 (inclusive of the booking and stay dates). </p><p align="justify"><strong>Avenue Supermarts</strong>, which owns and operates supermarket chain DMart, has closed two of its retail stores in Mumbai and converted them into fulfilment centres to cater to its growing e-commerce business in the city. The company opened six new DMart stores during the July-September quarter this fiscal taking its store count to 220 with total retail business area of 8.20 million sq. ft. Besides, D-Mart has also expanded its e-commerce operations in select pin codes of Pune City.</p><p align="justify"><strong>Tata Steel</strong> has enabled the construction of a 2.6-km long six-lane Kanaka Durga flyover in Vijayawada, Andhra Pradesh, the longest in the State. The Company has supplied around 80% of the steel used in the project including 2,000 metric tonnes of Low Relaxation Pre-Stressed Concrete (LRPC) Strands and 10,000 metric tonnes of TMT (thermo-mechanically-treated bars). The strength of the steel proved to be a major enabler in increasing the span between the pillars to 45 metres, nearly double the generally accepted standard of 25 metres.<br></p>