DMart Share Price Dips to 10-Month Low as Q3 Revenue Growth Slows | Stock Market Today

Shares of Avenue Supermarts, the company behind retail giant DMart, witnessed a notable decline in the stock market today. On Monday, January 5, the DMart share price dropped 2.25%, hitting a 10-month low of ₹3,635 per share.

Investors and market participants reacted to the release of the company’s Q3 business update, reflecting caution around the slowdown in revenue growth and store expansion pace.

Market Performance

• DMart share price today: ₹3,635
• Decline: 2.25%
• Trading session: Monday, January 5
• Significance: 10-month low

The stock’s drop came after the company reported its Q3FY26 results, which showed growth but fell slightly short of market expectations.

DMart Q3FY26 Revenue Highlights

According to the filing submitted to stock exchanges on Friday:

• Standalone revenue from operations: ₹17,612.62 crore in Q3FY26
• YoY growth: 13.15% compared to ₹15,565.23 crore in Q3FY25

While the company posted positive growth, the top-line increase was slower than earlier quarters. The first two quarters of FY26 saw revenue growth of 16% and 15%, highlighting a slight moderation in momentum during Q3.

Store Expansion

The company continued its retail footprint expansion, adding 10 new stores during the quarter.

• Total store count: 442 stores
• Note: One store at Sanpada, Navi Mumbai, Maharashtra, is temporarily closed due to reconstruction

Despite these additions, the pace of store expansion was below earlier estimates, signaling a more measured growth strategy.

Same-Store Performance

Sales efficiency and in-store performance remained steady:

• Sales per sq. ft.: ₹9.73k, remaining flat YoY
• Comparison to Q3FY20: ~3% lower than ₹10k per sq. ft.
• Same-store sales growth (SSSG): 4%

These figures indicate that while existing stores are performing consistently, the rate of growth has moderated slightly in comparison to previous years.

Summary

DMart’s Q3FY26 performance reflects steady growth amid a backdrop of cautious market sentiment. Key takeaways from the quarter:

• Revenue growth slowed to 13.15% YoY, slightly below earlier quarters
• Store additions totaled 10, bringing total count to 442
• Same-store sales remained consistent at 4% growth
• Sales per sq. ft. flat at ₹9.73k, slightly below pre-pandemic levels

For investors tracking DMart share price and the broader stock market today, the quarterly update signals a company maintaining steady performance, even as growth shows signs of moderation.

Source: Livemint