Avenue Supermarts Ltd, the operator of the DMart retail chain, has infused nearly ₹150 crore into its e-commerce subsidiary, Avenue E-Commerce Ltd, to support its operational, working capital and capital expenditure requirements.
The investment underlines the company’s continued commitment to strengthening its online grocery business, which operates under the DMart Ready brand.
Fresh capital infusion
According to a stock exchange filing, Avenue Supermarts subscribed to 4.33 crore equity shares of Avenue E-Commerce at an issue price of ₹34.65 per share, including a premium of ₹24.65 per share.
The transaction, completed on June 8, 2026, involved a cash consideration of approximately ₹150 crore and was executed through a preferential allotment of shares by the subsidiary.
Following the transaction, Avenue Supermarts’ shareholding in Avenue E-Commerce increased marginally to 99.79% from 99.77%.
Focus on DMart Ready expansion
Incorporated in November 2014, Avenue E-Commerce operates the DMart Ready online and multi-channel grocery retail business.
The company continues to focus on key metro markets and has further streamlined its delivery operations, placing renewed emphasis on home delivery as its preferred fulfilment channel.
The latest capital infusion is expected to support business expansion, operational efficiency and investments in infrastructure as the online grocery platform seeks to strengthen its presence in urban markets.
Omnichannel retail strategy
DMart Ready plays a key role in Avenue Supermarts’ broader omnichannel retail strategy, complementing its nationwide network of physical stores.
Mumbai-based Avenue Supermarts owns and operates the DMart supermarket chain, which offers food, grocery, personal care and household products across India.
Strong quarterly performance
The capital infusion comes on the back of a strong financial performance by Avenue Supermarts during the quarter ended March 31, 2026.
The company reported total revenue of ₹17,684 crore in the fourth quarter of FY26, compared with ₹14,872 crore in the corresponding period of the previous year.
EBITDA rose to ₹1,211 crore from ₹955 crore a year earlier, while EBITDA margin improved to 6.8% from 6.4%.
Net profit for the quarter increased to ₹656 crore from ₹551 crore in the year-ago period. The profit after tax (PAT) margin remained steady at 3.7%.