Overview
Description
Avenue Supermarts Ltd. operates as a prominent retail corporation in India, recognized for its chain of hypermarkets under the brand name DMart. Established with the primary function of providing a wide range of consumer goods, it focuses on delivering everyday household and personal products at competitive prices. Avenue Supermarts caters to a diverse customer base by offering groceries, food items, apparel, home appliances, and general merchandise. Notably, the company's business model emphasizes cost efficiency through a streamlined supply chain and a focus on suppliers. It has successfully expanded across various Indian states, becoming a dominant player in the retail landscape.
Avenue Supermarts' role in the financial market is significant due to its consistent growth and profitability, appealing to investors seeking exposure to India's burgeoning consumer market. The company is a vital part of the domestic retail sector, contributing to changing shopping habits from traditional corner stores to modern retail formats. Its strategic presence and efficient operations underline its commitment to scaling and sustainability within the competitive retail industry, further solidifying its influence as a key market player.
About
CEO
Mr. Ignatius Navil Noronha
Employees
13971
Address
B-72/72A, Wagle Industrial Estate
Road No. 33 Kamgar Hospital Road Thane
Mumbai, 400604
Road No. 33 Kamgar Hospital Road Thane
Mumbai, 400604
Phone
91 22 3340 0500
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Discount Stores
Country
India
MIC code
XNSE