Avenue Supermarts Shares Slide 4% Despite Q1 Profit Jump to Rs 936 Crore

DMart operator's Q1 FY27 net profit rose 12.8% to Rs 936 crore and revenue climbed 15.1% to Rs 18,343 crore, yet shares fell 4.24% to Rs 3,908. The board approved raising up to Rs 1,000 crore via NCDs and appointed Lalit Ahuja as COO.

— Source publishedMon, 13 Jul, 2026, 09:44 IST·First seen Mon, 13 Jul, 2026, 10:50 IST·Source NDTV Profit

What happened

Avenue Supermarts (DMart) · DMart operator Avenue Supermarts shares fell 4% despite Q1 FY27 net profit rising 12.8% to Rs 936 crore and revenue up 15.1%. The

Key facts

  • share price down 4.24% to Rs 3,908
  • net profit up 12.8% to Rs 936 crore
  • year-ago profit Rs 830 crore
  • revenue up 15.1% to Rs 18,343 crore
  • EBITDA up 16.2% to Rs 1,526 crore
  • NCDs up to Rs 1,000 crore

Why this matters

The board's approval to raise up to Rs 1,000 crore via NCDs and the appointment of Lalit Ahuja as COO signal a capital-backed expansion and operational scaling push.

What to watch

  • Gross margin and EBITDA margin trend in Q2 FY27
  • Same-store-sales growth (SSSG) disclosure and store-maturity mix
  • Quick-commerce market-share data in grocery categories
  • NCD subscription pricing and coupon rate signaling borrowing cost
  • DMart Ready GMV growth and losses
  • Brokerages issue revised notes focusing on SSSG and per-square-foot productivity rather than headline profit
  • Management commentary on quick-commerce response and DMart Ready scaling gains scrutiny
  • NCD issuance proceeds channeled to accelerated store additions and warehouse capex
  • COO Lalit Ahuja tasked with operational efficiency and expansion execution