Avenue Supermarts Analyst Meet Update - Growth Blocks In Place: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Prabhudas Lilladher Report.We retain our positive stance on Avenue Supermarts Ltd. post annual analyst Interaction given huge growth runway at 5.5 times than existing stores and rising scale in DMart Ready. We believe that DMart model is maturing with significant operating leverage and capacity to cut costs, balance sheet strength to invest in real estate/build stores and sustained 'everyday low prices' in a highly consolidated but nascent modern trade in food and grocery. We remain positive on DMart Ready and expect it to post sales of Rs 15-20 billion by FY23, which should provide scale and mark a move towards being profitable in future. .Click on the attachment to read the full report: .DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Avenue Supermarts Analyst Meet Update - Growth Blocks In Place: Prabhudas Lilladher

Avenue Supermarts Analyst Meet Update - Growth Blocks In Place: Prabhudas Lilladher

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