Avenue Supermarts Ltd

Avenue Supermarts Ltd. (ASL) reported its financial results for the quarter and half-year ended September 30, 2026. For Q2 FY27, standalone total revenue increased by 18.4% year-on-year to ₹19,206 Crore, with Profit After Tax (PAT) growing by 7.6% to ₹804 Crore. EBITDA stood at ₹1,403 Crore, a 14.1% increase YoY. The company added 15 new stores in the quarter, bringing the total to 518. For the half-year ended H1 FY27, standalone total revenue grew 16.8% to ₹37,550 Crore, and PAT rose 10.3% to ₹1,739 Crore. Consolidated revenue for Q2 FY27 was ₹19,644 Crore, up 17.8% YoY, with PAT at ₹743 Crore. The company continues to focus on its EDLC-EDLP strategy.

Avenue Supermarts Ltd announced its un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these financial statements along with the Limited Review Report from S R B C & Co LLP. The meeting to approve these results commenced at 1:40 p.m. and concluded at 2:35 p.m. on October 10, 2026.

Avenue Supermarts (DMart) reported consolidated revenue of ₹19,644 Cr for Q2 FY27 (quarter ended Sep 30, 2026), up 17.8% YoY from ₹16,676 Cr and up 4.5% QoQ from ₹18,795 Cr. Consolidated PAT was ₹743 Cr, up 8.5% YoY from ₹685 Cr but down 13.7% QoQ from ₹860 Cr. Standalone (parent-only) PAT was higher at ₹804 Cr (EPS ₹12.32) versus consolidated EPS of ₹11.40 — the gap is a loss-making subsidiary, not a standalone/consolidated discrepancy in the core business. Revenue and EPS landed essentially in line with the pre-result preview (~₹19,200 Cr revenue, EPS ₹11–12), and consolidated operating margin of 7.09% sat inside the previewed 7.0–7.3% watch band, though at the low end — continuing the YoY compression flagged going in: OPM fell from 7.28% a year ago, and NPM from 4.11% to 3.78%. Gross margin, by contrast, held up at roughly 14.9% of revenue, within management's stated 14–15% North Star band, so the squeeze sits below the gross-margin line: employee costs rose to ₹447 Cr from ₹376 Cr YoY, depreciation to ₹318 Cr from ₹253 Cr as the store and capex base expanded, and finance costs nearly doubled YoY to ₹64 Cr as short-term borrowings climbed to ₹2,629 Cr from ₹965 Cr at FY26-end. The sequential PAT decline is largely a seasonality artifact typical of the July–September quarter for grocery retail — Q1 FY27 carried a materially richer 4.58% NPM — and should not be read as a standalone warning sign. Street sentiment going in was split (32% Buy, 39% Hold, 29% Sell per our pre-result tracking), with bears citing the stock's 18% de-rating from its 2024 ATH on margin and same-store-sales concerns; this print, with margins compressing roughly as expected rather than materially worse, does not resolve that debate either way. The company added 3 stores in the quarter (including one in Ahmedabad) to reach 518, consistent with its 15% annual store-addition target, and separately rolled over ₹500 Cr of commercial paper on Sep 30 after repaying ₹300 Cr and ₹200 Cr of maturing CP in late September — routine working-capital activity, not a liquidity signal. No same-store-sales figure was disclosed in this filing to check progress against management's stated 7–8% FY27 target, and no separate press-release commentary from management was available to cross-check against the numbers. With consolidated net margin at 3.78%, still below the ~5% net-margin North Star management maintains as a long-term target, the key swing factor into Q3 FY27 — DMart's seasonally strongest, festive quarter — is whether operating leverage from festive footfall offsets the employee-cost and finance-cost drag seen this quarter.

Avenue Supermarts Ltd. has announced its financial update for the second quarter (Q2) of the Financial Year 2026-27, ending September 30, 2026. The company reported standalone revenue from operations of INR 19,206.18 crores for the quarter. This represents a significant year-on-year growth compared to previous quarters, with revenues standing at INR 16,218.79 crores in Q2 FY26, INR 14,050.32 crores in Q2 FY25, and INR 12,307.72 crores in Q2 FY24. As of September 30, 2026, Avenue Supermarts operated a total of 518 stores, including one temporarily closed for reconstruction. The reported revenue is subject to a limited review by the statutory auditors.

Avenue Supermarts Ltd has announced that its Board of Directors will convene on October 10, 2026. The primary agenda for this meeting is to consider and approve the Un-audited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring timely information dissemination to stakeholders regarding the company's financial performance.

Avenue Supermarts Ltd has announced the allotment of Commercial Paper worth ₹500 crores. The instrument has a tenure of 90 days, with an allotment date of September 30, 2026, and a maturity date of December 29, 2026. The coupon/interest offered is 6.12%, payable on maturity. The Commercial Paper is unsecured and has received an ICRA A1+ credit rating. This move indicates the company's ability to access short-term debt financing.

Avenue Supermarts Ltd has confirmed the full repayment of Commercial Papers (CP) amounting to ₹300 Crores. The redemption occurred on September 29, 2026, which was the due date for maturity. The ISIN for the redeemed CP is INE192R14352. This action signifies the company's adherence to its financial obligations and effective management of its short-term debt instruments.

Avenue Supermarts Ltd has confirmed the full repayment of Commercial Papers (CP) amounting to ₹200 Crores. The redemption was made on the maturity date, September 28, 2026, for 4,000 Commercial Papers with ISIN INE192R14345. This action aligns with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137. The outstanding amount is now Nil, indicating the successful closure of this debt instrument.

Avenue Supermarts Ltd announced the opening of three new stores today, expanding its retail footprint. The new stores are located in Ranala (Nagpur, Maharashtra), Balachaur (Shaheed Bhagat Singh Nagar, Punjab), and Hoskote (Bengaluru, Karnataka). This expansion brings the company's total store count to 518. The move is part of the company's ongoing strategy to increase its market presence and accessibility across various regions in India.

Avenue Supermarts Ltd announced the opening of a new store located in Bodakdev, Ahmedabad, Gujarat. This expansion brings the company's total store count to 515. The new store is expected to contribute to the company's continued growth and market presence in the region.