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DMart Shares Surge as Retailer Adds 11 Stores and Launches Three-to-Six-Hour Delivery

Avenue Supermarts is preparing to operate 437 outlets following its July Pathankot launch in a move management says leaves its finances untouched by quick-commerce competition.

DMart I Radhakishan Damani | Image: DMart
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Overview

  • Stock climbed nearly 8% intraday on July 30 after management outlined countermeasures to ultra-fast delivery rivals.
  • The company opened its 437th store in Pathankot on July 29 and added 11 new brick-and-mortar outlets in the June quarter.
  • DMart Ready’s revised model targets three-to-six-hour home delivery to emphasize order accuracy and service quality over speed.
  • First-quarter FY26 revenue rose about 16% year-on-year to roughly Rs 15,932 crore while margins slipped below 8% amid wage inflation and deflationary pricing.
  • Major brokerages including Morgan Stanley, Macquarie and Goldman Sachs had cut ratings on margin concerns but confidence was restored by the strategic update.