Have you been searching for the share price target/prediction of Avenue Supermarts Ltd for the coming years 2022, 2023, 2024, 2025, and 2030? so it may be a useful article for you because in this article, with the help of research I explained all the major points like company fundamentals, financial stats, business model, and cash management so you will learn more about this share from this article.
DMART is a retail corporation that functions as a chain of supermarkets in India. Avenue Supermarts Ltd was founded by Radhakishan Damani in 2002 with its first branch in Mumbai. As of now, they have around 196 stores in 72 cities across 11 states in India including Uttar Pradesh, and Karnataka. The company has its headquarters in Mumbai. As of now, DMART has a total of 8000 permanent employees and 3000 employees hired on a contractual basis.
DMART Ltd Quarterly Report Analysis
In the June quarter of the financial year 2021, Avenue Supermarts Ltd made net sales of Rs.5,031.75 Cr. in which they made a profit of about Rs.115.13 Cr. after paying taxes. In the September quarter of the financial year 2021, DMART made net sales of Rs.7,649.64 Cr. through which they make a profit of around Rs.448.90 Cr. after paying all the essential taxes to government bodies according to sector resemblance.
In the December quarter of 2021, DMART made sales of around Rs.9,065.02 Cr. in which they made a profit of about Rs.585.79 Cr. after paying all the taxes. In the March quarter of 2022, DMART made sales of around Rs.8,606.06 Cr. In which they made a profit of about Rs.466.35 Cr after paying all the taxes. In the June quarter of the financial year 2022, Avenue Supermarts Ltd made net sales of around Rs.9,806.89 Cr. in which they made a profit of about Rs.679.64 Cr after paying all the taxes to government bodies according to their sector resemblance.
DMART Ltd Annual Report Analysis
In the year 2017, DMART made net sales of around Rs.11,881.12 Cr. in which they make a profit of about Rs.482.64 Cr. In the following year, 2018 DMART made net sales of Rs.15,008.89 Cr. and make a profit of around Rs.784.68 Cr. in that year they spend their fund on developing infrastructure. In the next year that is 2019, DMART made net sales of about Rs.19,916.25 Cr. in which they make a profit of around Rs.936.35 Cr.
In the year 2020 DMART made net sales of Rs.24,675.01 Cr. and profit of around Rs.1,349.89 Cr. which is higher than last year which is the result of their investment in developing infrastructure In the year 2021 DMART made sales of around Rs.23,787.20 Cr. make a profit of about Rs.1,165.31 Cr. and next year is 2022 the net sales of this company Rs.30,352.50 Cr. and profit was Rs.1,616.17 Cr. as we can see from last two years they make a good profit after paying taxes that why I said earlier that till the end of this decade that DMART will emerge as the best in their retail supermarket business.
DMART Ltd Balance Sheet Analysis
In the year 2017, DMART invested around Rs.63.99 Cr. and Other Assets of Avenue Supermarts Ltd are about Rs.2,968.11 Cr. and total assets of Avenue Supermarts Ltd available at this time are around Rs.5,802.15 Cr. In the following year, in 2018 DMART invested around Rs.145.83 Cr. and Other Assets of DMART are about Rs.1,946.41 Cr. and total assets of DMART available at this time in 2018 are around Rs.5,612.47 Cr. In the year 2019, DMART invested around Rs.230.10 Cr. and Other Assets of DMART are about Rs.2,029.05 Cr. and total assets of DMART available at that time is around Rs.6,997.57 Cr.
In 2020 DMART invest around Rs.303.83 Cr. and Other Assets of DMART in the year 2020 are about Rs.2,292.27 Cr. and the total assets of the company available at that time in 2020 are around Rs.12,084.13 Cr. In the financial year 2021, Avenue Supermarts Ltd invested around Rs.493.79 Cr. and Other Assets of DMART are about Rs.3960.89 Cr. and the total assets of the company are available at that time were around Rs.13,646.39 Cr. at the session of 2022 the company invested Rs.628.42 Cr. where the total assets were Rs.15,403.96 Cr.
In this part, we are trying to predict a possible target that the shares of Avenue Supermarts Ltd can attain in the upcoming years to come. So, here we go with our possible targets for the future years which are attached below.
|Year||Target Of DMART Ltd|
We will predict two possible share price targets that the share of DMART can attain in the year 2022 first is around Rs.5,301 and after attaining these values share price will go down for while and we will predict the second possible target which they can get in the year 2022 is around Rs.6,291 We predict all these target levels on the basis of a Fibonacci retracement, support.
We can predict first share price target for the share of DMART in the year 2023 is around Rs.7,324 then as every share price after attaining its high will show some downtrend after they again show positive movement in the same year and go uptrend and we can predict the second possible target which they can beat is about Rs.8,078.
We can predict first possible share price target for the shares of DMART for the financial year 2024 is around Rs.9,068 and after attaining that value they also show a similar trend as they show in the year 2023 show some downward trend again for a while which is one of the natural characters of every share and after recovering from this downfall we can predict the second target for the same year is about Rs.10,166.
For the year 2025, we can predict two possible targets which the shares of DMART can find easily first is around Rs.10,898 and the second share price target for the shares of DMART is about Rs.11,888 as I told earlier that DMART shares prices will always be in an uptrend in future and share prices of this company share are increasing day by day in upcoming years.
By the end of this decade, DMART will be the highest revenue-generating company in India in the retail supermarket Sector and Company collaboration with other ventures will help them in a long run. So we predict the first possible target for the shares of DMART which they can attain in the year 2030 is around Rs.29,029 and the second possible target which the shares of DMART can cross by the end of this decade are about Rs.34,292.
In this article, we have done the overall analysis of Avenue Supermarts Ltd for the future year 2022 to 2030. Here we tried to include every aspect in our article which is really essential to know before investing in any specific company shares. If you find this article helpful to you do not forget to share this article with your personal relatives.
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