Avenue Supermarts Limited or 

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.

Trade name DMart

Type Public

Traded as BSE: 540376
NSE: DMART

ISIN INE192R01011

Industry Retail

Founded May 15, 2002; 19 years ago

Founder Radhakishan Damani

Headquarters Powai, 
Mumbai, Maharashtra
, 
India

Number of locations 214 (June 2020)

Area served India

Key people Radhakishan Damani

(Chairman)
 Ignatius Navil Noronha
(CEO)

Products Grocery & Staples

Daily Essentials
Dairy & Frozen
Home and furniture
Home Appliances
Bed & Bath
Clothing
Footwear
Toys
Crockery
Luggage
Health and beauty
Sporting goods and fitness
Grocery
Fruits & Vegetables

Revenue ₹24,930 crore (US$3.5 billion) (2020)

Operating income  ₹1,813 crore (US$250 million) (2020)

Net income  ₹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)

Website www.dmartindia.com

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 238 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.

FOUNDERS
DMart is owned and operated by Avenue Supermarts Ltd. (ASL) – a company founded by Mr.
Radhakishan Damani. Mr. Radhakishan Damani is respected in the business world as an astute
investor in the Indian equity market, he has built a company that constantly strives towards
developing a deep understanding of customer needs and satisfying them with the right products. A
firm believer in core business fundamentals and strong ethical values, Mr. Damani has built DMart
into an efficient, large and profitable retail chain that is highly respected by customers, partners
and employees alike.

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.

OUR CUSTOMER SERVICE PLEDGE

At DMart, we place strong emphasis on excellence in customer service. Our employees believe in
the values of Action, Care and Truth (ACT) to get the job done, with Dedication and Determination.

Action
Focus: To be focused about what I do.
Motivated: To be clear of achieving my goal.
Enthusiastic: To love what I do.
Care
Respect: To respect every individual in the organisation and provide her/him with the dignity and
attention to make her/him believe that she/he makes a difference to the organisation.
Listen: To listen and resolve any employee / customer grievance quickly and fairly.
Truth
Integrity: By being open, honest and fair in all our relationships and being respectful and trustful
to others.
We strongly believe that honesty and sincerity are critical in achieving complete customer
satisfaction. We welcome individuals who share our values and believe in leading by action.

OUR REACH
We are present in India across 11 States and 1 Union Territory

Amravati, Aurangabad, Ichalkaranji, Jaisingpur

Maharashtra
Nanded, Navi Mumbai, Osmanabad, Pune, Rat

Gujarat Ahmedabad, Anand, Baroda, Bhuj, Gandhinaga

Daman Daman

Telangana Hyderabad, Karimnagar, Khammam, Warangal

Andhra Pradesh Eluru, Guntur, Kakinada, Kurnool, Nellore, Ong

Karnataka Bengaluru, Belgaum

Madhya Pradesh Bhopal, Dewas, Indore, Ratlam, Ujjain

Chhattisgarh Bhilai, Raipur

NCR Ghaziabad

Tamil Nadu Chennai, Coimbatore, Salem, Trichy

Punjab Amritsar, Jalandhar, Zirakpur

Rajasthan Ajmer, Bhilwara, Jaipur