Avenue Supermarts (NSE:DMART) Asset Turnover: 0.60 (As of Mar. 2026)


NSE:DMART Avenue Supermarts Ltd NSE:DMART
98 GF Score
Price ₹4,294.60
GF Value ₹5,526.62
Valuation Modestly Undervalued
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What is Avenue Supermarts Asset Turnover?

Avenue Supermarts NSE:DMART -0.95% 98 Asset Turnover is 0.60 as of Mar. 2026. GuruFocus rates NSE:DMART with a GF Score™ of 98/100 and a GF Value™ of ₹5,526.62 (Modestly Undervalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Avenue Supermarts's Revenue for the three months ended in Mar. 2026 was ₹176,839 Mil. Avenue Supermarts's Total Assets for the quarter that ended in Mar. 2026 was ₹295,243 Mil. Therefore, Avenue Supermarts's Asset Turnover for the quarter that ended in Mar. 2026 was 0.60.

Asset Turnover is linked to ROE % through Du Pont Formula. Avenue Supermarts's annualized ROE % for the quarter that ended in Mar. 2026 was 10.74%. It is also linked to ROA % through Du Pont Formula. Avenue Supermarts's annualized ROA % for the quarter that ended in Mar. 2026 was 8.90%.


Avenue Supermarts  (NSE:DMART) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Avenue Supermarts's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=26263.6/244640.4
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26263.6 / 707354.4)*(707354.4 / 295242.6)*(295242.6/ 244640.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.71 %*2.3958*1.2068
=ROA %*Equity Multiplier
=8.90 %*1.2068
=10.74 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Avenue Supermarts's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=26263.6/295242.6
=(Net Income / Revenue)*(Revenue / Total Assets)
=(26263.6 / 707354.4)*(707354.4 / 295242.6)
=Net Margin %*Asset Turnover
=3.71 %*2.3958
=8.90 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Avenue Supermarts Asset Turnover Related Terms


Avenue Supermarts Asset Turnover Historical Data

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The historical data trend for Avenue Supermarts's Asset Turnover 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.

Avenue Supermarts Asset Turnover Chart

Avenue Supermarts Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 2.55 2.58 2.61 2.56

Avenue Supermarts Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.67 0.62 0.67 0.60

NSE:DMART vs WMT, COST, TGT: Asset Turnover Comparison

For the Discount Stores subindustry, Avenue Supermarts's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Avenue Supermarts's Asset Turnover falls into.


NSE:DMART
98GF Score
Avenue Supermarts Ltd NSE:DMART
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Avenue Supermarts Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Avenue Supermarts's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=688207.4/( (243202.9+295242.6)/ 2 )
=688207.4/269222.75
=2.56

Avenue Supermarts's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=176838.6/( (0+295242.6)/ 1 )
=176838.6/295242.6
=0.60

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.60 mean?
Avenue Supermarts (NSE:DMART) has a Asset Turnover of 0.60 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Avenue Supermarts and its competitors.
Is Avenue Supermarts' Asset Turnover too high?
Avenue Supermarts' current Asset Turnover is 0.60. 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' Asset Turnover compare to WMT and COST?
Avenue Supermarts' Asset Turnover of 0.60 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Retail - Defensive company?
A good Asset Turnover depends on the Retail - Defensive industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Avenue Supermarts and its competitors. Avenue Supermarts's current Asset Turnover is 0.60. 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 Asset Turnover is 0.60. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Avenue Supermarts (NSE:DMART), the current Asset Turnover is 0.60 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:

  • Asset Turnover: 0.60
  • GF Value™: ₹5,526.62 vs. price of ₹4,294.60 (22.3% below fair value)
  • GF Score™: 98/100

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 Business Description

Other Exchanges 540376:India
Address Road No. 33, Kamgar Hospital Road, Plot No. B-72 and B-72A, Wagle Industrial Estate, Thane, MH, IND, 400604
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

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4,294.60
Price
₹5,526.62
GF Value