- Net income for Avenue Supermarts in the first quarter reached 8.12 billion rupees, marking a 17% increase year-over-year, but was below the estimate of 8.22 billion rupees.
- Revenue for the quarter stood at 137.1 billion rupees, showing an 18% rise year-over-year, yet falling short of the estimated 139.02 billion rupees.
- Total costs for Avenue Supermarts increased by 19% year-over-year, totaling 126.8 billion rupees.
- Other income grew by 11% year-over-year to reach 519.5 million rupees.
- EBITDA was reported at 12.21 billion rupees, missing the estimate of 12.63 billion rupees.
- Analyst recommendations for Avenue Supermarts include 12 buys, 5 holds, and 8 sells.
A look at Avenue Supermarts Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
**Avenue Supermarts Ltd. (ASL)** owns and operates hypermarkets and supermarkets across India, providing a wide range of products including garments, footwear, toys, groceries, electronics, and more. According to Smartkarma’s Smart Scores, ASL receives varying ratings across different factors influencing its long-term outlook. With a solid **Value score of 2**, Avenue Supermarts Ltd. is perceived to offer reasonable value within its industry. However, its **Dividend score of 1** indicates a lower level of dividend payout. On the bright side, ASL is positioned for strong growth potential with a **Growth score of 4** and high resilience in the face of challenges with a **Resilience score of 4**. Additionally, the company shows a decent level of positive market momentum, reflected in a **Momentum score of 3**.
Looking ahead, Avenue Supermarts Ltd. seems to have a promising future with favorable growth prospects and a robust ability to withstand market disruptions. While the company may not be a top performer in terms of dividends, its focus on value, growth, and resilience positions it well for long-term success in the competitive retail sector in India. Investors keen on a company with solid growth potential and market resilience may find Avenue Supermarts Ltd. to be an attractive investment opportunity based on the Smartkarma Smart Scores analysis.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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