Investor Presentation for the year ended 31st March, 2026
DMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
DMart reported FY26 revenue of Rs 66,968 crore, up 15.9% from Rs 57,790 crore in FY25. The company added 85 new stores taking total count to 500 stores across 13 states. Like-for-like growth slowed to 8.1% from 8.4% in FY25. Both EBITDA margin and PAT margin declined to 7.8%, continuing a downward trend from 8.7% in FY23. Net cash flow from operations improved to Rs 4,168 crore. Total debt increased significantly to Rs 2,267 crore from Rs 693 crore, with debt-to-equity rising to 0.09. DMart Ready now operates in 25 cities, expanding beyond the Mumbai region.
The declining margin trend over three consecutive years and rising debt levels may concern investors focused on profitability quality. However, strong cash generation and consistent store expansion demonstrate the business model remains functional.