Avenue Supermarts Limited engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India. The company offers food products, such as groceries, staples, processed food products, dairy, frozen products, beverages and confectionery products, and fruits and vegetables; non-food products, including home care and personal care products, toiletries, and other over the counter products; and general merchandise and apparel products comprising bed and bath products, toys and games, crockery, plastic goods, garments, footwear, utensils, and home appliances. It is also involved in the online and multi-channel retail of grocery and household products under the DMart Ready brand name. The company was incorporated in 2000 and is based in Mumbai, India.
Revenue projections:
Revenue projections for DMART With DMART's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
currentRatio
2.89000
forwardPE
66.23311
debtToEquity
3.82500
earningsGrowth
-0.02200
revenueGrowth
0.16900
grossMargins
0.14836
operatingMargins
0.04802
trailingEps
41.71000
forwardEps
52.27000
Avenue Supermarts Limited's current ratio is 2.89, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting Avenue Supermarts Limited has no trouble covering its short-term financial obligations. DMART's forward PE being elevated could limit price appreciation and heighten the risk of a correction. Investors need to carefully assess this parameter in combination with other fundamentals to determine whether the stock is overvalued. DMART's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Price projections for DMART DMART's price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.
Insider Transactions:
Insider Transactions for DMART
83 transactions were made to sell DMART shares, with market price of 4470.45363092997.1 transactions to buy DMART shares were recorded, with market price at 4778.39990234375.The insider transaction data remains neutral, with no compelling trend in either direction to suggest significant changes in the company's strategy or prospects.
Recommendation changes over time:
Recommendations trend for DMART
DMART has faced a sell bias from analysts recently, indicating that caution is advised. Investors should expand their focus to a broader set of market indicators when making decisions, ensuring a well-rounded approach rather than acting solely on one piece of analysis.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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