Avenue Supermarts Ltd. · NSE:DMART
Avenue Supermarts — H1 FY2024 Earnings Presentation
13 slides from Avenue Supermarts's earnings presentation, Oct 14, 2023
Slide 1: Cover letter to stock exchanges: Investor Presentation
14th October, 2023 To, BSE Limited The National Stock Exchange of India Ltd. Corporate Services Department Corporate Communications Department Phiroze Jeejeebhoy Towers, “Exchange Plaza”, 5th Floor, Dalal Street, Bandra – Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 BSE Scrip Code
Slide 2: H1 FY 2024 Corporate Presentation
H1 FY 2024 Corporate Presentation
Slide 3: Table of Contents
Table of Contents 1. Business Overview 2. Operating & Financial Summary Corporate Presentation
Slide 4: Business Overview
D2Mart Daily Discounts Daily Savings
Slide 5: Key Product Categories
Key Product Categories Foods Non-Foods (FMCG) General Merchandise & Apparel Share of Revenue Share of Revenue Share of Revenue H1/23 H1/24 H1/23 H1/24 H1/23 H1/24 23.21% 54.75% 56.18% 20.50% 20.61% Bed & Bath Toys & Games Crockery Groceries Dairy Staples Home Care Plastic Snacks Garments Frozen Prod
Slide 6: Cluster Based Expansion Strategy Continues
Cluster Based Expansion Strategy Continues Punjab (11) Gujarat (14) NCR Andhra 55 (9) Maharashtra (34) Pradesh & Stores Punjab Karnataka Telangana (10) Rajasthan Madhya Pradesh (3) (4) NCR (13) (20) 2011-12 (7) Gujarat Rajasthan Madhya Pradesh (57) Rajasthan (11) (18) (3) Madhya Pradesh & Gujarat NC
Slide 7: DMart Ready – Gradual Expansion in Large Towns
DMart Ready – Gradual Expansion in Large Towns Chandigarh Ghaziabad Jaipur Indore Bhopal Jaipur Indore Bhopal Sanand Ahmedabad Ahmedabad Anand Raipur Vadodara Anand Bhilai Raipur Surat Vadodara Bhilai Mumbai Nagpur Surat (MMR) Nagpur Pune Mumbai Visakhapatnam (MMR) Pune Hyderabad Visakhapatnam Kolha
Slide 8: Year Wise Store Additions
Year Wise Store Additions 214 234* 284 302 324** 336 40 12 18 50 22 38 FY20 FY21 FY22 H1/23 FY23 H1/24 * During FY21, we opened 22 new stores and converted 2 stores into Fulfilment Centers for Avenue E-Commerce Limited ** During FY23, 1 location was reconverted from Fulfilment Center to DMart Store
Slide 9: Operating & Financial Summary
2 Operating & Financial Summary
Slide 10: Operating & Financial Summary
Operating & Financial Summary Total Bills Cuts (in Crs) Like For Like Growth (24 Months)** 25.8 41.6% 20.1 18.1 24.2% 15.2 14.7 10.8 10.9% 16.7% 8.6% FY20 FY21 FY22 H1/23* FY23 H1/24* FY20 FY21 FY22 H1/23* FY23 H1/24* -13.1% Retail Business Area at Fiscal End Revenue from Sales per Retail Business A
Slide 11: Operating & Financial Summary (Cont’d.)
Operating & Financial Summary (Cont’d.) Revenue from Operations # EBITDA^ & EBITDA Margin 4,000 3,659 12.0% 41,833 9.4% 8.6% 8.2% 8.7% 8.5% 10.0% 3,000 30,353 7.3% 8.0% 2,122 2,038 23,892 2,502 (INR Crs) 24,675 23,787 1,903 1,742 (INR Crs) 2,000 6.0% 20,192 4.0% 1,000 2.0% 0 0.0% FY20 FY21 FY22 H1/2
Slide 12: Operating & Financial Summary (Cont’d.)
Operating & Financial Summary (Cont’d.) Days Inventory & Days Payables Debt and Equity Total Debt Equity Debt/ Equity 40 36.5 0.2 33.3 32.4 18,000 30.4 28.8 30.3 17,925 30 15,000 16,503 15,333 (INR Crs) 12,000 13,924 12,305 20 0.1 9,000 11,136 6,000 10 0.03 0.03 0.03 0.02 0.03 0.03 9.1 3,000 7.9 7.7
Slide 13: Thank you!
Thank you! Corporate Presentation