D Mart
 D-Mart Official logo | |
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| DMart | |
| Type | Public |
| ISIN | INE192R01011 |
| Industry | Retail |
| Founded | May 15, 2002 |
| Founder | Radhakishan Damani |
| Headquarters | Powai, , |
Number of locations | 214[1] (June 2020) |
Area served | India |
Key people |
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| Products |
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| Revenue |  ₹24,930 crore (US$3.5 billion) (2020) |
| ₹1,813 crore (US$250 million) (2020) | |
| ₹1,300 crore (US$180 million) (2020) | |
| Total assets | ₹12,076 crore (US$1.7 billion) (2020) |
| Total equity | ₹10,431 crore (US$1.5 billion) (2020) |
Number of employees | 9,456 permanent (2020) 38,952 contractual (2020) |
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of hypermarkets in India. It was founded by Radhakishan Damani in 2002, with its first branch in Powai's Hiranandani Gardens. As of 31 December 2019, it had 196 stores in 72 cities across 11 states in India including Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka, Uttar Pradesh, Daman and Punjab.
DMart is promoted by Avenue Supermarts Ltd. (ASL). The company has its headquarters in Mumbai. As of 31 March 2019, DMart had a total of 7,713 permanent employees and 33,597 employees hired on contractual basis.
After the IPO listing (as Avenue Supermarts Ltd.), it made a record opening on the market on the National Stock Exchange. After the close of the stock on 22 March 2017, its market value rose to ₹39,988 crore. This pegged it as the 65th most valuable Indian firm, ahead of Britannia Industries, Marico and Bank of Baroda.
As of 21 November 2019, the market capitalization of DMart is close to ₹114,000 crore, making it the 33rd largest company listed on the Bombay Stock Exchange.
DMart is a one-stop supermarket chain that aims to offer customers a wide range of basic home and personal products under one roof. Each DMart store stocks home utility products - including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and more - available at competitive prices that our customers appreciate. Our core objective is to offer customers good products at great value.
DMart was started by Mr. Radhakishan Damani and his family to address the growing needs of the Indian family. From the launch of its first store in Powai in 2002, DMart today has a well-established presence in 234 locations across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan. With our mission to be the lowest priced retailer in the regions we operate, our business continues to grow with new locations planned in more cities.
The supermarket chain of DMart stores is owned and operated by Avenue Supermarts Ltd. (ASL). The company has its headquarters in Mumbai.
* The brands D Mart, D Mart Minimax, D Mart Premia, D Homes, Dutch Harbour, etc are brands owned by ASL.
Our mission
At DMart, we research, identify and make available new products and categories that suit the everyday needs of the Indian family. Our mission is to provide the best value possible for our customers, so that every rupee they spend on shopping with us gives them more value for money than they would get anywhere else.
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