India's Avenue Supermarts falls; analysts flag quick commerce competition concerns

Avenue Supermarts

13/07/2026 05:36

** D-Mart parent Avenue Supermarts AVEU.NS shares fall 2% to 3,998.10 rupees
** On Saturday, AVEU posted 11.3% Y/Y increase in Q1 consol net profit , while consol revenue rose 14.9% Y/Y
** "In large metros, growth in older stores which have significantly higher revenue per square foot was flat this
quarter. While stores in non-metros continue to grow well" - says MD and CEO Anshul Asawa 
** Brokerage Jefferies says management's comment that older and high throughput metro stores were flat YoY is a bit of a concern
** Citi says profitability remains at risk due to competitive intensity from other large format stores and quick commerce players
** "Rising competition from quick commerce is likely to limit growth across modern trade and D'Mart Ready," Prabhudas Lilladher says
** YTD, AVEU up ~6%

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))