DMart: Difference between revisions
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| num_locations = 263<ref>{{Cite web|url=https://www.businessinsider.in/business/news/radhakishan-damani-has-a-string-of-challenges-ahead-of-him-and-falling-profits-at-dmart-dont-help/articleshow/76936913.cms|title = Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don't help}}</ref> |
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| num_locations_year = June 2020 |
| num_locations_year = June 2020 |
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| area_served = [[India]] |
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Revision as of 11:26, 11 February 2022
 D-Mart Official logo | |
 | |
| DMart | |
| Company type | Public |
| ISIN | INE192R01011 |
| Industry | Retail |
| Founded | May 15, 2002 |
| Founder | Radhakishan Damani |
| Headquarters | Powai, , |
Number of locations | 263[1] (June 2020) |
Area served | India |
Key people |
|
| Products |
|
| Revenue |  ₹24,930 crore (US$3.0 billion) (2020)[2] |
| ₹1,813 crore (US$220 million) (2020)[2] | |
| ₹1,300 crore (US$160 million) (2020)[2] | |
| Total assets | ₹12,076 crore (US$1.4 billion) (2020)[2] |
| Total equity | ₹10,431 crore (US$1.2 billion) (2020)[2] |
Number of employees | 9,456 permanent (2020)[2] 38,952 contractual (2020)[2] |
| Website | www |
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of hypermarkets in India. It was founded by Radhakishan Damani in 2002, with its first branch in Powai's Hiranandani Gardens.[3] As of 31 December 2019[update], it had 196 stores in 72 cities across 11 states in India including Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka, Uttar Pradesh, Daman and Punjab.[4][5]
DMart is promoted by Avenue Supermarts Ltd. (ASL).[6] The company has its headquarters in Mumbai. As of 31 March 2019, DMart had a total of 7,713 permanent employees and 33,597 employees hired on contractual basis.[7]
After the IPO listing (as Avenue Supermarts Ltd.), it made a record opening on the market on the National Stock Exchange. After the close of the stock on 22 March 2017, its market value rose to ₹39,988 crore. This pegged it as the 65th most valuable Indian firm, ahead of Britannia Industries, Marico and Bank of Baroda. [8]
As of 21 November 2019, the market capitalization of DMart is close to ₹114,000 crore, making it the 33rd largest company listed on the Bombay Stock Exchange.
See also
References
- ^ "Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don't help".
- ^ a b c d e f g "Avenue SupermartsLtd. Financial Statements". moneycontrol.com.
- ^ "Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don't help". Business Insider. Retrieved 15 September 2020.
- ^ "Submission to BSE - Report on the proceedings of the company meeting and Investor relations update October 2018" (PDF). www.dmartindia.com. Avenue supermarts. Retrieved 15 October 2018.
- ^ "Corporate Presentation Jan 2020" (PDF). www.bseindia.com. 16 January 2020. Retrieved 25 March 2020.
- ^ Sonavane, Ravindra N. (11 June 2018). "D-Mart parent joins Rs1 trillion market cap club". www.livemint.com. Retrieved 11 June 2018.
- ^ "Annual Report 2018-19" (PDF). www.dmartindia.com. 23 July 2019. Retrieved 25 March 2020.
- ^ "D-Mart: Will today's winner Radhakishan Damani of D-Mart face these four challenges of tomorrow?". The Economic Times. Economictimes.indiatimes.com. 23 March 2017. Retrieved 19 July 2018.
