Slides
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Corporate Presentation Fiscal 2026
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Corporate Presentation Safe Harbor Statement The information contained in this Presentation should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the Presentation. The informationset out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. This presentation is based on the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information contained in this presentation, which neither the Company nor its affiliates, or representatives are under an obligation to update, revise or affirm. You acknowledge and agree that the Company and/or its affiliated companies and/or their respective employees and/or agents have no responsibility or liability (express or implied) whatsoever and howsoever arising (including, without limitation for any claim, proceedings, action, suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this Presentation and neither the Company, its affiliated companies nor their respective employees or agents accepts any liability for any error, omission or misstatement, negligent or otherwise, in this Presentation and any liability in respect of the Presentation or any inaccuracy therein or omission therefrom which might otherwise arise is hereby expressly disclaimed. Certain statements contained in this Presentation may be statements relating to the Company’s beliefs, plans and expectationsabout the future and other forward looking statements that are based on management’s current expectations or beliefs as well as a number of assumptions about the Company’s operations and factors beyond the Company’s control or third party sources and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward looking statements. Forward looking statements contained in this Presentation regarding past trends or activities should not be taken as a representationthat such trends or activities will continue in the future. There is no obligation to update or revise any forward looking statements, whether asa result of new information, future events or otherwise. You should not place undue reliance on forward looking statements, which speak only as of the date of this Presentation. Certain data contained in this Presentation was obtained from various external data sources, and neither the Company nor any of its affiliates, advisers or representatives has verified this data with independent sources. Accordingly, the Company and its affiliates, advisers and representatives make no representation as to the fairness, accuracy, correctness or completeness of that data, and this data involves risks and uncertainties and is subject to change based on various factors. The information contained in this Presentation is not to be taken as any recommendation made by the Company or any other person to enter into any agreement with regard to any investment. You will be solely responsible for your own assessment of the market and the market position of the Company and you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company. This document has not been and will not be reviewed or approved by a regulatory authority in India or by any stock exchange in India. This document and its contents should not be forwarded or transmitted in any manner to any person other than its intended recipient and should not be reproduced in any manner whatsoever.
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Corporate Presentation Table of Contents 2. Business Overview Operating & Financial Summary 1.
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Business Overview 1
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Corporate Presentation FY26 Key Product Categories 5 Non-Foods (FMCG)Foods General Merchandise & Apparel Dairy Fruits & Vegetables Plastic Goods Bed & Bath Crockery Toys & Games Home Care Garments Home AppliancesFootwear Personal Care Toiletries Other over the counter products Staples Frozen Products Groceries Processed Foods Beverages and Confectionery Snacks FY25 Share of Revenue FY26 FY25 Share of Revenue FY26 FY25 Share of Revenue Cooking Oils 57.73% 20.01% 22.26% 57.90% 19.82% 22.28%
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Corporate Presentation Maharashtra (128) Karnataka (50) Gujarat (76) Madhya Pradesh (29) 503 Stores Andhra Pradesh (47) Rajasthan (28) NCR (21) Daman (1) Tamil Nadu (36) Punjab (24) Telangana (48) Maharashtra (76) Karnataka (20) Gujarat (37) Madhya Pradesh & Chhattisgarh (16) Andhra Pradesh (17) Rajasthan (7) NCR (1) Daman (1) Tamil Nadu (10) Punjab (5) Telangana (24) Cluster Based Expansion Strategy Continues 6 2019-20 Q1 2026-27 Numbers in bracket represent stores in that particular state. 2025-26 214 Stores Chhattisgarh (8) Maharashtra (128) Karnataka (50) Gujarat (75) Madhya Pradesh (29) 500 Stores Andhra Pradesh (47) Rajasthan (28) NCR (20) Daman (1) Tamil Nadu (35) Punjab (24) Telangana (48) Chhattisgarh (8) Less than 20 Stores 21 to 50 Stores More than 50 storesNo presence Odisha (1) Uttarakhand (1) Goa (1) Uttar Pradesh (3) Haryana (1)Uttarakhand (1) Uttar Pradesh (3) Haryana (1) Goa (1) Odisha (1)
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Corporate Presentation DMart Ready – Focus only on Key large towns 2019-20 2025-26 Mumbai (MMR) 1 City Q1 2026-27 11 Cities Pune Bangalore Visakhapatnam Hyderabad Nagpur Indore Mumbai (MMR) Bhopal Vadodara Sanand 7 Ahmedabad
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Corporate Presentation Year Wise Store Additions 8 * Sanpada Store at Navi Mumbai currently closed for customers due to reconstruction is included in 500 50 40 41 50 85 FY22 FY23 FY24 FY25 FY26 284 324 365 415 500*
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Operating & Financial Summary 2
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Corporate Presentation Operating & Financial Summary 10 Like For Like Growth (24 Months)* Revenue from Sales per Retail Business Area sq ft# Total Bills Cuts (in Crs) Retail Business Area at Fiscal End (in mn’ sqft) *: LFL growth means the growth in revenue from sales of same stores which have been operational for at least 24 months at the end o f a Fiscal Year #: Annualized revenue from sales calculated on the basis of 365 days in a year (on standalone basis) divided by Retail Busine ss Area at the end of Fiscal Year 18.1 25.8 30.3 35.3 39.8 FY22 FY23 FY24 FY25 FY26 16.7% 24.2% 9.9% 8.4% 8.1% FY22 FY23 FY24 FY25 FY26 27,454 31,096 32,941 33,896 33,422 FY22 FY23 FY24 FY25 FY26 (INR)11.5 13.4 15.1 17.2 20.6 FY22 FY23 FY24 FY25 FY26
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Corporate Presentation Operating & Financial Summary (Cont’d.) 11 PAT & PAT margin* EBITDA^ & EBITDA Margin Net Cash flow from Operations ~ Revenue from Operations # ^ EBITDA = Profit / (Loss) pre Tax + Depr and Amortisation + Finance Costs - Other Income # Revenue from operations is including other operating income and excluding other income ~ Net Cash Flow from Operations = PAT+ Depreciation + Deferred Tax *PAT and PAT margin for FY23 and FY25 not comparable with prior periods , due to one-off tax benefit of Rs 138.8 Crs and 36.0 Crs respectively 30,353 41,833 49,533 57,790 66,968 FY22 FY23 FY24 FY25 FY26 (INR Crs) 2,502 3,659 4,099 4,543 5,255 8.2% 8.7% 8.3% 7.9% 7.8% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 03006009001,2001,5001,800 2,100 2,400 2,700 3,000 3,300 3,600 3,9004,2004,5004,8005,100 5,400 5,700 FY22 FY23 FY24 FY25 FY26 (INR Crs) EBITDA EBITDA margin (as % of Revenue from Operations) 1,616 2,556 2,695 2,927 3,224 5.3% 6.1% 5.4% 5.1% 4.8% 0.5% 1.5% 2.5% 3.5% 4.5% 5.5% 6.5% 7.5% 0150300450600 7509001,0501,200 1,3501,5001,650 1,8001,950 2,1002,250 2,400 2,5502,700 2,8503,000 3,1503,3003,450 FY22 FY23 FY24 FY25 FY26 (INR Crs) 2,050 3,113 3,343 3,724 4,168 FY22 FY23 FY24 FY25 FY26 (INR Crs)
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Corporate Presentation Operating & Financial Summary (Cont’d.) 12 Days Inventory & Days Payables Fixed Asset* and Inventory Turnover^ Ratio * Fixed Asset Turnover = Revenue from Operations/Total Fixed Assets (incl ROU Assets per Ind AS 116) ^ Inventory Turnover Ratio = Revenue from Operations/Average Inventory Days Inventory = (Average Inventory / COGS)*365 ; Days Payables = (Average Payables / COGS)*365 Debt = Short + Long Term borrowings + Current portion of LT Debt + Lease Liab (per Ind AS 116) Return on Net Worth = Net profit after tax / Average Net Worth Return on Capital Employed = EBIT / (Avg Debt + Avg Equity – Avg Cash – Avg Current Investment) # RoNW for FY23 and FY25 not comparable with prior periods, due to one-off tax benefit of Rs. 138.8 Crs and 36 Crs respectively Debt and Equity Return on Net Worth# and Return on Capital Employed 33.3 28.8 29.2 31.4 33.2 7.7 6.3 7.1 7.2 7.2 FY 22 FY23 FY24 FY25 FY26 Days Inventory Days Payables 3.1 3.7 3.6 3.4 3.2 12.8 14.8 14.6 13.6 12.8 FY22 FY23 FY24 FY25 FY26 Fixed Asset Turnover Inventory Turnover Ratio 12.3% 16.8% 15.1% 14.1% 13.5% 15.6% 20.1% 19.1% 17.8% 17.1% 0% 5% 10% 15% 20% 25% FY22 FY23 FY24 FY25 FY26 Return on Net Worth Return on Capital Employed 416 439 464 693 2,267 13,924 16,503 19,281 22,230 25,520 0.03 0.03 0.02 0.03 0.09 0.0 0.1 0.2 0 5,000 10,000 15,000 20,000 25,000 FY22 FY23 FY24 FY25 FY26 (INR Crs) Total Debt Equity Debt/ Equity
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Corporate Presentation Key Financials – Avenue Supermarts Limited Standalone and Consolidated Abridged Profit and loss Account For YE 31 March 2026 Standalone Consolidated 13 Rs Crs YE Mar 2026 YE Mar 2025 YE Mar 26/25 Sales 66,968 57,790 15.9% Tot Inc 67,096 57,964 15.8% COGS 57,391 49,616 15.7% GC 14.30% 14.14% 16 bps Empl Exp 1,352 1,013 33.5% % of Tot Inc 2.02% 1.75% 27 bps Other Exp 2,969 2,618 13.4% % of Tot Inc 4.43% 4.52% -9 bps EBITDA 5,255 4,543 15.7% EBITDA % 7.85% 7.86% -1 bps Fin Costs 130 58 125.0% Dep & Amort 935 776 20.5% PBT 4,319 3,883 11.2% PBT % 6.44% 6.70% -26 bps Tax (A+B) 1,095 956 14.5% Current tax ( A ) 1,095 992 10.3% Related to earlier years ( B ) - -36 PAT 3,224 2,927 10.1% PAT % 4.81% 5.06% -25 bps PAT excl tax gain 3,224 2,891 11.5% PAT excl tax gain % 4.81% 4.99% -18 bps Rs Crs YE Mar 2026 YE Mar 2025 YE Mar 26/25 Sales 68,821 59,358 15.9% Tot Inc 68,895 59,482 15.8% COGS 58,460 50,552 15.6% GC 15.06% 14.84% 22 bps Empl Exp 1,541 1,166 32.2% % of Tot Inc 2.24% 1.96% 28 bps Other Exp 3,633 3,153 15.2% % of Tot Inc 5.27% 5.30% -3 bps EBITDA 5,187 4,487 15.6% EBITDA % 7.54% 7.56% -2 bps Fin Costs 142 69 104.5% Dep & Amort 1,037 870 19.3% PBT 4,082 3,673 11.1% PBT % 5.92% 6.17% -25 bps Tax ( A+B ) 1,112 965 15.2% Current tax ( A ) 1,111 1,001 11.0% Related to earlier years ( B ) 0 -36 PAT 2,970 2,707 9.7% PAT % 4.31% 4.55% -24 bps PAT excl tax gain/loss 2,970 2,671 11.2% PAT excl tax gain % 4.31% 4.49% -18 bps
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Corporate Presentation Financials of Key Subsidiaries Avenue E-Commerce Limited Avenue Food Plaza Private LimitedAlign Retail Trades Private Limited 14 Rs. Crs YE Mar 2026 YE Mar 2025 YE Mar 26/25 Sales 4,094 3,502 16.9% Tot Inc 4,096 3,507 16.8% COGS 3,587 3,069 16.9% GC 12.37% 12.37% 0 bps Empl Exp 130 111 17.8% % of Tot Inc 3.18% 3.16% 3 bps Other Exp 561 451 24.3% % of Tot Inc 13.69% 12.87% 82 bps EBITDA (185) (129) -43.5% EBITDA % -4.52% -3.68% -84 bps Fin Costs 16 16 -3.1% Dep & Amort 109 107 1.6% PBT (307) (247) -23.9% PBT % -7.48% -7.05% -43 bps Tax - - 0.0% PAT (307) (247) -23.9% PAT % -7.48% -7.05% -43 bps Rs. Crs YE Mar 2026 YE Mar 2025 YE Mar 26/25 Sales 3,871 3,322 16.5% Tot Inc 3,874 3,324 16.5% COGS 3,721 3,199 16.3% GC 3.89% 3.71% 19 bps Empl Exp 29 22 30.8% % of Tot Inc 0.74% 0.66% 8 bps Other Exp 50 42 19.0% % of Tot Inc 1.30% 1.27% 3 bps EBITDA 72 59 21.6% EBITDA % 1.86% 1.78% 8 bps Fin Costs 0 0 -62.5% Dep & Amort 12 10 17.7% PBT 62 50 23.5% PBT % 1.60% 1.51% 9 bps Tax 15 13 22.6% PAT 46 38 23.8% PAT % 1.20% 1.13% 7 bps Rs. Crs YE Mar 2026 YE Mar 2025 YE Mar 26/25 Sales 307 226 35.5% Tot Inc 308 227 35.2% COGS 182 149 22.5% GC 40.66% 34.36% 630 bps Empl Exp 22 14 60.8% % of Tot Inc 7.07% 5.95% 112 bps Other Exp 74 63 18.0% % of Tot Inc 24.04% 27.54% -351 bps EBITDA 29 2 1680.1% EBITDA % 9.48% 0.72% 876 bps Fin Costs 1 2 -49.7% Dep & Amort 18 14 33.1% PBT 11 (13) 186.2% PBT % 3.54% -5.56% 910 bps Tax 2 (3) 150.7% PAT 9 (10) 197.2% PAT % 3.05% -4.25% 730 bps
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Corporate Presentation Thank you!