DMart Q1FY27 revenue climbs 15% to Rs 18,343 cr, crosses 500-store mark
Avenue Supermarts posted standalone Q1FY27 revenue of Rs 18,343.49 crore, up 15.13% YoY and 3.7% QoQ. The DMart chain added 58 outlets to reach 503 stores across eleven states including Maharashtra, Gujarat, Karnataka and Telangana.
What happened
Avenue Supermarts' DMart reported Q1FY27 standalone revenue of Rs 18,343.49 crore, up 15.13 pc YoY, while crossing 500 stores after adding 58 outlets, with
Key facts
- Rs 18,343.49 cr revenue
- 15.13 pc YoY rise
- 3.7 pc QoQ growth
- 503 stores
- 58 stores added
Why this matters
The 503-store milestone concentrated across Maharashtra, Gujarat, Karnataka and Telangana highlights room for geographic diversification and potential regional acquisition targets to accelerate penetration in underrepresented states.
What to watch
- Gross and EBITDA margin trend in full Q1FY27 results vs. ~8% baseline
- Same-store sales growth (SSSG) disclosure and per-store revenue trajectory
- General merchandise & apparel mix recovery (higher-margin categories)
- DMart Ready GMV growth and losses
- Quick-commerce market share data in DMart's core metros
- Store-add guidance for remainder of FY27
- Analysts recalibrate SSSG and per-sqft revenue estimates downward; focus shifts from topline to gross margin and footfall recovery
- Management commentary on discretionary/general merchandise mix and DMart Ready economics scrutinized on the call
- Peers (Reliance Retail, Trent, Star Bazaar) benchmark against DMart's store-add cadence
- Investors watch capex intensity vs. free-cash-flow generation as store count scales