Avenue Supermarts Analyst Meet Update - To Focus On Growth, Expand The E-Commerce Business: Motilal Oswal

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Avenue Supermarts Ltd. hosted an analyst meet to discussing the ongoing market conditions, its new larger store strategy, remodeling of ecommerce business and the growth outlook.Avenue Supermarts's revenue/square feet has been sluggish (down 8% compound annual growth rate) over the last three years. The management sees little cause for concern as the mass discretionary segment (27% of revenue) is yet to fully recover. It appeared optimistic that high bill values have partly compensated for the lower footfalls and cut in bill sizes. The higher store size has pulled down revenue productivity, but it gives DMart an opportunity to increase product offerings to the mass value customer, thus increasing its wallet share. It also offers a longer term growth visibility. Being on an ownership model, the lower revenue/sqft in the initial period is less concerning as the benefits of long-term high return on invested capital far outpace the lower throughput..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Avenue Supermarts Analyst Meet Update - To Focus On Growth, Expand The E-Commerce Business: Motilal Oswal

Avenue Supermarts - To Focus On Growth, Expand The E-Commerce Business: Motilal Oswal

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