🛒 Financial Snapshot
| Metric | FY25 | YoY Growth |
|---|---|---|
| Revenue | ₹59,358 crore | ↑ 16.9% |
| Net Profit | ₹2,707 crore | ↑ 6.7% |
| EBITDA | ₹4,487 crore | ↑ 9.3% |
| EBITDA Margin | 7.6% | ↓ 0.5 pp |
| Stores Added | 50 | – |
🏬 Operational Highlights
- Q4 FY25 Revenue: ₹14,872 crore, up 16.9% YoY.
- Q4 Net Profit: ₹551 crore, down 2.2% YoY.
- EBITDA Margin: Contracted to 6.4% from 7.4% YoY.
📉 Margin Pressures
Despite robust revenue growth, DMart faced margin compression due to:
- Increased Competition: Intensifying rivalry in the FMCG sector impacted pricing power.
- Rising Costs: Higher wage expenses and investments in service enhancements.
🛍️ Store Expansion
DMart added 50 new stores in FY25, bringing the total to 415. Notably, non-metro markets outperformed metro areas, with same-store sales growth of 8.1% in Q4.
📈 Market Performance
- Stock Movement: Shares declined by approximately 3% post Q4 results.
- Analyst Outlook: Brokerages have adjusted target prices, reflecting cautious optimism amid margin concerns.
🧾 Conclusion
DMart’s FY25 performance underscores its strong revenue-generating capabilities, even as it navigates margin pressures. The company’s focus on expansion and operational efficiency positions it well for long-term growth, though short-term challenges persist.
