Avenue Supermarts Profile
Key Indicators
- Authorised Capital ₹ 750.00 Cr
as on 27-06-2024
- Paid Up Capital ₹ 650.73 Cr
as on 27-06-2024
- Company Age 24 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 890.00 Cr
as on 27-06-2024
- Satisfied Charges ₹ 2,193.94 Cr
as on 27-06-2024
- Revenue 37.72%
(FY 2023)
- Profit 58.18%
(FY 2023)
- Ebitda 46.29%
(FY 2023)
- Net Worth 18.52%
(FY 2023)
- Total Assets 18.43%
(FY 2023)
About Avenue Supermarts
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540376 and on the National Stock Exchange(NSE) under DMART.
The Corporate was formerly known as Avenue Supermarts Private Limited. The Company is engaged in the Consumer Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 750.00 Cr and a paid-up capital of Rs 650.73 Cr.
The company currently has active open charges totaling ₹890.00 Cr. The company has closed loans amounting to ₹2,193.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avenue Supermarts Limited India are Ramakant Baheti as Cfo, Niladri Deb as Cfo, and Ashu Gupta as Company Secretary. Chandrashekhar Bhave, Ramakant Baheti, Harishchandra Bharuka, and Four other members serve as directors at the Company.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Avenue Supermarts?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ignatius Noronha  | Managing Director | 02-Jan-2006 | Current |
| Ramakant Baheti | CFO | Current | |
| Niladri Deb | CFO | Current | |
| Ashu Gupta | Company Secretary | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manjri Chandak | Director | 31-Mar-2011 | Current |
| Chandrashekhar Bhave | Director | 17-May-2016 | Current |
| Ramakant Baheti | Whole-Time Director and Cfo | 02-Jan-2006 | Current |
| Harishchandra Bharuka | Director | Current | |
Kalpana Unadkat  | Director | 30-Jul-2018 | Current |
| Elvin Machado | Whole-Time Director | 10-Jun-2015 | Current |
Financial Performance and Corporate Structure Insights of Avenue Supermarts.
Avenue Supermarts Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.72% increase. The company also saw a substantial improvement in profitability, with a 58.18% increase in profit. The company's net worth Soared by an impressive increase of 18.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Avenue Supermarts?
In 2023, Avenue Supermarts had a promoter holding of 74.93% and a public holding of 25.06%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vistaar Financial Services Private LimitedActive 33 years 3 monthsChandrashekhar Bhave is a mutual person
Mahindra And Mahindra Financial Services LimitedActive 33 years 11 monthsChandrashekhar Bhave is a mutual person
Avenue E-Commerce LimitedActive 10 years 1 monthRamakant Baheti, Ignatius Noronha and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 17 Oct 2018 | ₹500.00 Cr | Open |
Others Creation Date: 27 Aug 2015 | ₹50.00 Cr | Open |
Axis Bank Limited Creation Date: 21 Mar 2012 | ₹100.00 Cr | Open |
How Many Employees Work at Avenue Supermarts?
Avenue Supermarts has a workforce of 12910 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avenue Supermarts, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avenue Supermarts's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
