Avenue Supermarts Ltd.

Expensive Rocket

Check Buy or Sell

2820.95 -74.60 (-2.58%)

New 52W High in past week

356.1K Volume

NSEJan 15, 2021 03:31 PM

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Share

14S
7W
5O
3T
182,733.8

Market Cap

Market Leader

2,639.1

AVG Broker Target

-6.45% downside

191

TTM PE Ratio

Market Leader

-8.8

TTM PEG Ratio

Negative PEG TTM Price to Earnings Growth

16.5

Price to Book Ratio

High in industry



Avenue Supermarts Ltd.    
11 Jan 2021
2820.95
-2.58%
buy
by HDFC Securities
Target: 2160 | Upside : 23.4%
HDFC Securities
While we increase our FY22/23 EPS estimates by 5-6% resp. to account for marginally higher revenue/sq. ft, we downgrade the stock to Sell (Earlier Reduce) as the recent run-up leaves no room for an investment case (DCF-based TP: 2,160/sh implying 34x FY23 EV/EBITDA + 2x FY23 sales for e-comm business). D-MART finally hits the growth phase (after a disappointing 1HFY21). The grocer clocked a healthy 10% topline growth (HSIE: 8.5%). While gross margin delivery was strong (15.1% vs HSIE: 14.8%), its underpinnings remain weak (on the back of lower discounting in staples). Non-essential sales remain weak. EBITDAM expanded 52/256bp YoY/QoQ to 9.3% courtesy strong cost control. (HSIE: 9%).
Avenue Supermarts Ltd. has gained 31.43% in the last 6 Months
Avenue Supermarts Ltd.    
11 Jan 2021
2820.95
-2.58%
buy
by ICICI Securities Limited
Target: 3130 | Target met
ICICI Securities Limited
In Q3FY21, we expect construction companies to return to topline growth driven by near optimum labour availability, pick-up in execution. For real estate companies, key highlight will be strong residential sales volumes growth led by factors like pent up demand, benign interest rates, measures like stamp duty cut in Maharashtra. However, financial numbers of real estate companies will look optically weak due to rental waiver in retail...
Avenue Supermarts Ltd. has an average target of 2639.11 from 10 brokers.
Avenue Supermarts Ltd.    
11 Jan 2021
2820.95
-2.58%
buy
by Axis Direct
Target: 3250 | Upside : 15.2%
Axis Direct
We continue to maintain with BUY rating on the stock with a revised target price of Rs 3250 (48x FY23E EV/EBITDA) versus earlier TP of Rs. 3,100.
Avenue Supermarts Ltd. is trading above all available SMAs
Avenue Supermarts Ltd.    
11 Jan 2021
2820.95
-2.58%
buy
by Geojit BNP Paribas
Target: 3110 | Target met
Geojit BNP Paribas
DMart reported healthy revenue growth of 10%YoY post de-growth in the last two quarters on account of Covid-19 led disruption in the industry. The overall sales & sales mix is now trending very close to pre-covid level except for discretionary products like Apparel and footwear, which is taking more time to recover, as per management. The company has added only 1 store Vs 7 stores YoY duie to Covid-19 led disruptions (Added only 9 stores in 9MFY21 Vs 20 stores YoY). However, new store additions are likely to accelerate given recent QIP of Rs.4,098cr. DMart is now considering leased stores also to accelerate growth. DMart, improved its focus on E-Com business and has...
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Avenue Supermarts Ltd. is trading above all available SMAs
Avenue Supermarts Ltd.    
10 Jan 2021
2820.95
-2.58%
buy
by Prabhudas Lilladhar
Target: 3296 | Upside : 16.8%
Prabhudas Lilladhar
leasing of D'Mart store space for E-com operations. We retain Buy and increase our target price to Rs3296 (Rs2316 earlier) despite 52% appreciation since our upgrade in October. As post covid recovery catches up, D'Mart seems gaining confidence on expansion of D'Mart ready with 1) launch in Ahmedabad, Bangalore and Hyderabad 2) allocation of store...
Number of FII/FPI investors decreased from 623 to 587 in Dec 2020 qtr
Avenue Supermarts Ltd.    
22 Dec 2020
2820.95
-2.58%
buy
by Axis Direct
Target: 3100 | Target met
Axis Direct
We are initiating coverage on Avenue Supermart Limited (DMART) with a BUY recommendation and a Target Price of Rs 3,100 which implies 16% upside from the current levels.
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Number of FII/FPI investors decreased from 623 to 587 in Dec 2020 qtr
Avenue Supermarts Ltd.    
21 Oct 2020
2820.95
-2.58%
buy
by Dolat Capital
Target: 2063 | Target met
Dolat Capital
default
Number of FII/FPI investors decreased from 623 to 587 in Dec 2020 qtr
Avenue Supermarts Ltd.    
20 Oct 2020
2820.95
-2.58%
buy
by Geojit BNP Paribas
Target: 2200 | Target met
Geojit BNP Paribas
Avenue Supermarts Ltd. is trading above all available SMAs
Avenue Supermarts Ltd.    
19 Oct 2020
2820.95
-2.58%
buy
by HDFC Securities
Target: 1850 | Upside : 34.4%
HDFC Securities
We maintain our FY22/23 EPS estimates and our Reduce recommendation with a DCF-based target price of Rs. 1,850/sh, implying 33.5x Sept-22 EV/EBITDA for standalone business + 2x sales for e-comm business). D-MART's 2Q revenue decline was a forgone conclusion, given its high exposure to some of the most impacted Indian districts. However, revenue recovery at 87.3% of the base quarter wasn't half as bad in our view. Margin delivery remains reasonable too in the context of "essentials-heavy" consumer wallets. However, non-essentials sales have been progressively recovering (73% base quarter sales). Steady cash flow generation YoY in the backdrop of 12/37% top-line/EBITDA cut YoY is commendable
HDFC Securities increased Sell price target of Avenue Supermarts Ltd. to 2160.0 on 11 Jan, 2021.
Avenue Supermarts Ltd.    
18 Oct 2020
2820.95
-2.58%
buy
by Motilal Oswal
Target: 2100 | Target met
Motilal Oswal
Avenue Supermarts Ltd. is trading above all available SMAs