DMart Q1 Revenue Up 15% But Brokerages Split As Quick Commerce Clouds Metro Growth
Avenue Supermarts posted 15.1% revenue growth to Rs 18,343 crore and 12.8% profit rise to Rs 936 crore, with Ebitda margin steady at 8.3%. Brokerages diverged sharply: Morgan Stanley and Bernstein target Rs 5,000+, while Citi cut to Rs 3,400 and Goldman sits at Rs 4,000, flagging quick commerce pressure on metro same-store sales.
DMart's Q1 FY27 showed 15% revenue growth and steady margins, but brokerages split on outlook as quick commerce competition stalls metro same-store sales. Bulls cite store expansion; bears flag valuation and slowing growth.