Hold Avenue Supermarts, target price Rs 3,880: JM Financial

JM Financial has issued a Hold call on Avenue Supermarts, setting a target price of Rs 3,880, while the current market price is Rs 4,163. Avenue Supermarts reported a consolidated total income of Rs 14,896.91 crore for the quarter ended March 31, ...

Agencies
JM Financial has a Hold call on Avenue Supermarts with a target price of Rs 3,880. The current market price of Avenue Supermarts is Rs 4163. The time period given by the analyst is a year when Avenue Supermarts price can reach the defined target. Avenue Supermarts, incorporated in 2000, is a Large Cap company with a market cap of Rs 270216.91 crore) operating in Retail sector.

Avenue Supermarts Ltd. key products/revenue segments include Income from Retailing and Other Operating Revenue for the year ending 31-Mar-2024.

Financials

For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 14896.91 crore, down -6.88 % from last quarter Total Income of Rs 15996.69 core and up 16.71 % from last year same quarter Total Income of Rs 12764.42 crore. The company has reported net profit after tax of Rs 550.79 Crore in latest quarter.

The company?s top management includes Mr.Chandrashekhar Bhave, Mr.Ignatius Navil Noronha, Mr.Ramakant Baheti, Mr.Elvin Machado, Mrs.Manjri Chandak, Ms.Kalpana Unadkat. The company has S R B C & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 65 crore shares outstanding.


Promoter/FII Holdings
Promoters held 74.65 per cent stake in the company as of 31-Mar-2025, while FIIs owned 8.18 per cent, DIIs 9.08 per cent.
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