Avenue SupermartsNSE:DMART -0.95%98 Net Margin % is 3.71% as of Mar. 2026, which is 21% below its 10-year median of 4.70. GuruFocus rates NSE:DMART with a GF Score™ of 98/100 and a GF Value™ of ₹5,526.62 (Modestly Undervalued). Among 310 Retail - Defensive companies, Avenue Supermarts ranks better than 75.16% on this metric.
The historical rank and industry rank for Avenue Supermarts's Net Margin % or its related term are showing as below:
NSE:DMART'
s Net Margin % Range Over the Past 10 Years
Min: 4.01 Med: 4.7 Max: 5.57
Current: 4.32
NSE:DMART's Net Margin % is ranked better than 75.16% of 310
companies
in the Retail - Defensive industry
Industry Median: 2.155
vs NSE:DMART: 4.32
Avenue Supermarts (NSE:DMART) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Avenue Supermarts Net Margin % Related Terms
Avenue Supermarts Net Margin % Historical Data
* Premium members only.
The historical data trend for Avenue Supermarts's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:DMART vs WMT, COST, TGT: Net Margin % Comparison
For the Discount Stores subindustry, Avenue Supermarts's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Avenue Supermarts Net Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's Net Margin % distribution charts can be found below:
* The bar in red indicates where Avenue Supermarts's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Avenue Supermarts (NSE:DMART) has a Net Margin % of 3.71% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Avenue Supermarts and its competitors. This is 21% below median its historical median of 4.70. Over the past decade, Avenue Supermarts' Net Margin % has ranged from 4.01 to 5.57. According to the industry distribution chart, Avenue Supermarts ranks #77 out of 310 companies in the Retail - Defensive industry, placing it in the top 24.8%.
Is Avenue Supermarts' Net Margin % too high?
Avenue Supermarts' current Net Margin % of 3.71% is 21% below median its 10-year median of 4.70. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 5.57. The Retail - Defensive industry median Net Margin % is 2.16. Avenue Supermarts' value of 3.71% is 72.2% above this industry median. Based on the distribution chart, Avenue Supermarts ranks #77 out of 310 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Avenue Supermarts has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avenue Supermarts' Net Margin % compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Avenue Supermarts ranks #77 out of 310 companies for Net Margin %. This places Avenue Supermarts in the top 25% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.16. Avenue Supermarts' value of 3.71% is 72.2% above this benchmark. Historically, Avenue Supermarts' own Net Margin % has ranged from 4.01 to 5.57 over the past decade. While the company's 10-year median is 4.70 vs. the industry median of 2.16, Avenue Supermarts has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Defensive company?
The median Net Margin % among Retail - Defensive companies is 2.16, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avenue Supermarts's current Net Margin % of 3.71% is 72.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Avenue Supermarts and its competitors. For the Retail - Defensive industry, the median Net Margin % is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avenue Supermarts's current Net Margin % is 3.71%, which is 21% below median its own 10-year median of 4.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avenue Supermarts stock overvalued right now?
Based on GuruFocus' analysis, Avenue Supermarts (NSE:DMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,526.62, compared to a current price of ₹4,294.60 — trading 22.3% below its estimated fair value. The current Net Margin % is 3.71%, which is 21% below median its 10-year median of 4.70 and 72.2% above the Retail - Defensive industry median of 2.16. Avenue Supermarts' overall GF Score™ is 98/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Avenue Supermarts (NSE:DMART), the current Net Margin % is 3.71% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Avenue Supermarts (NSE:DMART) Overvalued in 2026?
Based on GuruFocus' analysis, Avenue Supermarts stock appears to be undervalued.
The current stock price of ₹4,294.60 is trading 22.3% below its estimated GF Value™ of ₹5,526.62.
GuruFocus considers Avenue Supermarts to be Modestly Undervalued.
Key valuation signals for NSE:DMART:
Net Margin %: 3.71% (21% below median its 10-year median of 4.70)
GF Value™: ₹5,526.62 vs. price of ₹4,294.60 (22.3% below fair value)
Industry Position: 72.2% above the Retail - Defensive median (#77 of 310)
No single metric tells the full story. See the NSE:DMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.
98GF Score
Get the complete analysis for NSE:DMART
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:DMART has been successfully added to your 
