Case study

DMART

Avenue Supermarts

Tread carefully
0Score

Avenue Supermarts (DMART) Stock Analysis & Case Study

Is DMART a good buy? The data-driven verdict.

Avenue Supermarts (DMART) trades at ₹4,331,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, Avenue Supermarts (DMART) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 95.1× earnings, ROE of 13.0%. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

The Downstox take on DMART

The whole story here is whether a steady retailer deserves the valuation of a hyper-growth one. A P/E near 95 prices DMART as if its expansion runway is endless, yet the ROE of 13 percent and ROCE of 17 percent describe a solid but not extraordinary returns profile, and the F-Score of 3 hints the recent operating trend is unconvincing. Zero dividend says everything is plowed back into new stores, so the real question is whether store additions keep compounding earnings fast enough to grow into that price. Watch same-store throughput and margins, not just the store count.

Downstox editorial view, written by our own analysts. Information, not investment advice.

DMART fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹2.83L Cr
Current price
₹4,331
P/E ratio
95.1×
P/B ratio
11.55×
Book value
₹375
ROCE
17.2%
ROE
13.0%
Piotroski F-Score
3/9

Is DMART overvalued? DMART P/E vs its Retail

DMART's P/E of 95.1× sits above the Retail peer median of 17.9×, so on earnings it screens richer than peers.

DMART P/E
95.1×
Peer median P/E
17.9×
Peer median yield
1.23%

The bull case for DMART

  • A healthy 13.0% return on equity.

The bear case & risks

  • A rich 95.1× P/E leaves a thin margin of safety if growth slows.
  • A steep 11.6× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • A low Piotroski F-Score of 3/9 flags weaker financial health this cycle, worth understanding why before committing.

DMART Piotroski F-Score: 3/9, how financially strong is it?

3/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. DMART scores 3/9,weak on the financial-strength checks.

DMART MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy DMART with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox28.0%3.6×
Zerodha23.9%4.2×
DhanCHEAPEST22.0%4.5×

Compare every broker on the DMART MTF page.

Which ace investors hold DMART?

Held by 1 tracked superstar investor (from public NSE/BSE disclosures):

DMART vs peers,Retail comparison

StockP/EDiv yieldMarket cap
DMART (this stock)95.1×₹2.83L Cr
TRENT98.3×0.13%₹1.70L Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr

About Avenue Supermarts: sector, index & market-cap context

Avenue Supermarts (DMART) is a large-cap NSE-listed company in the Retail sector, and a constituent of the Nifty 50 index group, with a market capitalisation of ₹2.83L Cr. See more Nifty 50 stocks.

How the DMART Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Avenue Supermarts's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

DMART analysis, FAQs

Is Avenue Supermarts (DMART) a good buy?

On the numbers, Avenue Supermarts (DMART) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 95.1× earnings, ROE of 13.0%. This is a data snapshot for research, not investment advice.

Is DMART overvalued or undervalued?

DMART trades at 95.1× earnings versus a peer median of 17.9×, so it screens richer than its Retail peers.

What is the bull case for DMART?

A healthy 13.0% return on equity.

What are the risks in DMART?

A rich 95.1× P/E leaves a thin margin of safety if growth slows. A steep 11.6× price-to-book means most of the value is intangible/expectations, not assets on the books. A low Piotroski F-Score of 3/9 flags weaker financial health this cycle, worth understanding why before committing.

More on DMART