It’s the truth that DMart is one of the largest competitors in the retail and grocery segment of India as well as in competition alongside Reliance Retail and others. It is high the time we introduce you to the company particularly for those who aren’t aware of about it yet. So let’s talk about things such as DMart Net Worth the CEO, owner Head Office, CEO, etc.
| Company name | Avenue Supermarts Limited (DMart) |
| Year of establishment | 2000 |
| Head Office | Mumbai |
| Owner/Founder | Promoter and founder: Radhakishan S. Damani |
| CEO Name | Neville Noronha |
| Industry | The retail sector (supermarkets as well as hypermarkets) |
| The number of employees | 13,971 permanent and 59,961 contract (March 2024) |
| Net worth (market cap) | Rs2.61 lakh crore as of October 10 2025 |
| Total revenue for 2024 | Rs59,358 crore |
About The Company
A lot of people are aware the fact that Avenue Supermarts was established in 2000. The first DMart store opened within Powai, Mumbai, in 2002. From the beginning the business continued to grow by focusing on the simple concept of selling essential goods for sale at an everyday or cost. DMart launched its online store known as DMart Ready, for groceries and household items in December of 2016. Currently, their primary headquarters is located in Mumbai.
Current Status And Net Worth
Since the last time, DMart has been utilizing the cluster-based expansion model that is crucial in reducing cost and keeping prices for the customers low. What is the current value? The company’s market capitalization of Rs2.61 lakh crore as of November 10, 2025. This number is usually considered to be the business’s “net worth” in the public markets.
Future Outlook and Recent Updates
There is no doubt that it’s quite evident from the latest news and statements that DMart continues to accelerate the expansion of its business with vigor and is opening new stores being launched each year. The company is now focusing in the DMart Ready services, mostly in large metro cities and is planning to have around 60 new stores by FY26. There are a few updates that discuss around 50 stores being added during the year.