By FMTeam It is true that DMart is among the biggest competitors in the retail or supermarket segment of India, like out there competing with Reliance Retail and others. So it is about time that we briefly introduce you to this company, especially for those who don’t know anything yet, so let’s get to stuff like DMart Net Worth, Owner, CEO, Head Office, etc.
| Company name | Avenue Supermarts Limited (DMart) |
| Establishment year | 2000 |
| Head Office | Mumbai |
| Owner/Founder | Founder and promoter: Radhakishan S. Damani |
| CEO Name | Neville Noronha |
| Industry | Retail (supermarkets and hypermarkets) |
| Number of employees | 13,971 permanent; 59,961 contractual (March 2024) |
| Net worth (market cap) | ₹2.61 lakh crore, as of Nov 10, 2025 |
| Total revenue in 2024 | ₹59,358 crore |
About The Company
Not a lot of people actually know that Avenue Supermarts was established in 2000, and the initial DMart store was opened in Powai, Mumbai, in 2002. You know, from the very get-go, the company kept expanding with the one simple idea of offering essential products at a low or everyday affordable price. DMart started its online channel named DMart Ready, for groceries and household needs in December 2016. Right now, their main head office is down there in Mumbai.
Current Status And Net Worth
As of late, well, DMart has been utilizing a cluster-based expansion model primarily, which is instrumental in controlling the costs and consequently keeping the prices low for the customers. And the current value? See, the company’s market cap was ₹2.61 lakh crore on 10 November 2025, and this figure is most of the time considered the company’s “net worth” in public markets.
Future Outlook and Recent Updates
No doubt that it is pretty clear from the latest statements and reports that DMart is going on with its expansion vigorously, and new stores are being opened every year. The firm is concentrating again on its DMart Ready services, mostly in big metro cities, and intends to have about 60 new stores in FY26. A few updates also talk about close to 50 new stores in the year.