DMart

DMart is a one-stop supermarket chain that aims to offer customers a wide range of basic home and personal products under one roof. DMart was started by Mr Radhakishan Damani and his family to address the growing needs of the Indian family. Each DMart store stocks home utility products – including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and more. From the launch of its first store in Powai in 2002, DMart today has a well-established presence in 234 locations across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan. 

The supermarket chain of DMart stores is owned and operated by Avenue Supermarts Ltd. (ASL). The company has its headquarters in Mumbai. The brands D Mart, D Mart Minimax, D Mart Premia, D Homes, Dutch Harbour, etc are brands owned by ASL. At DMart, they research, identify and make available new products and categories that suit the everyday needs of the Indian family. Its mission is to provide the best value possible for the customers. 

The company have a school excellence program through which aims to develop infrastructure, improve educational facilities and work towards sustainable progress in public schools in selected wards of Mumbai. They work with these schools and seek to implement better teaching facilities (such as libraries & science labs) and develop infrastructure (such as toilets and playgrounds) by working with partner organisations. Their constant focus is on educating the citizens of tomorrow. 

D-Mart follows Everyday low cost – Everyday low price (EDLC-EDLP) strategy which aims at procuring goods at competitive price, using operational and distribution efficiency and thereby delivering value for money to customers by selling at competitive prices.

Their shareholding pattern consists of Promoters and Promoter Group having 74.99% of shares, Public having 8.26% shares, following by FII’s having 10.04% shares and DII’s with 6.71% shares.

For the quarter ended 30-06-2021, the company has reported a Consolidated Total Income of Rs 5214.58 Crore, from last quarter (Q4 FY 21) Total Income of Rs 7459.80 Crore. Company has reported net profit of Rs 95.36 Crore in the latest quarter (Q1 FY 22) as against Rs 413.87 Crore in the previous quarter (Q4 FY 21). The total revenue generated in the latest quarter is Rs 5183.52 Crore.