How Operational Discipline Built India's Most Efficient Retail Chain. Founded by Radhakishan Damani in 2002. Industry: Retail / Supermarket. Key Metrics: 300+ Stores | ₹50,000Cr+ Revenue | 20+ Years Profitable.
DMart built India's most profitable retail chain by owning store real estate (not leasing), maintaining limited high-velocity SKUs, and committing to Everyday Low Pricing — never running promotional sales. EBITDA margins of 8-9% vs industry average 3-5%. DMart's flywheel: owned real estate → lower costs → lower prices → higher footfall → better supplier terms → lower costs.