Neville Noronha – Managing Director & Chief Executive Officer - Avenue Supermarts Ltd of Dmart
View Detailed Executive Profile →Professional Overview
- Neville Noronha served as the Managing Director and Chief Executive Officer of Avenue Supermarts Ltd, the parent company of DMart, starting in March 2011 and continuing for over 14 years.
- During Noronha's leadership, DMart expanded significantly from just five stores to over 380, showcasing a remarkable growth trajectory.
- Under Noronha's guidance, DMart achieved a significant milestone by surpassing ₹50,000 crore in annual turnover, highlighting the company's financial success.
- Noronha announced the decision to step down from the role of CEO and Managing Director in January 2025, marking the conclusion of a 20-year tenure at Avenue Supermarts.
- Noronha emphasized the importance of maintaining DMart's fundamental business principles, aiming to ensure continuity in the company’s operations and values.
- The transition in leadership will see Anshul Asawa from Unilever take over the CEO position, suggesting a strategic move to bring in fresh leadership while maintaining the company's established principles.
- Noronha's stewardship has cemented DMart's reputation in the retail sector, focusing on hypermarkets and supermarkets throughout India.
- The decision to not renew the role came after a period of substantial growth and transformation for Avenue Supermarts, setting a precedent for future leadership transitions.
Professional Experience
| Company | Designation | Period |
|---|---|---|
| Hindustan Unilever | Key Account Manager | May 2003 – Jan 2004 |
| Avenue Supermarts Pvt Ltd | Director - Operations | Jan 2006 – Mar 2007 |
| Avenue Supermarts Pvt Ltd | Head - Operations | Jan 2004 – Jan 2006 |
| Hindustan Unilever | Sales & Modern Trade Officer | Jan 2000 – Jan 2003 |
| Avenue Supermarts Pvt Ltd | Chief Executive Officer | Feb 2007 – Feb 2011 |
| Avenue Supermarts Ltd | Managing Director & Chief Executive Officer | Mar 2011 – Present |
| Reflect Healthcare And Retail Private Limited | Director | 28 May 2018 – Present |
| Kane Properties Llp | Designated Partner | 19 May 2022 – Present |
| Retailers Association Of India | Director | 16 Feb 2022 – Present |
| Avenue E-Commerce Limited | Director | 11 Nov 2014 – Present |
| Avenue Supermarts Limited | Managing Director | 02 Jan 2006 – Present |
Current Appointments
| CIN/LLP | Company | Designation | Date |
|---|---|---|---|
| ABB-0698 | Kane Properties Llp | Designated Partner | 19 May 2022 |
| L51900MH2000PLC126473 | Avenue Supermarts Limited | Managing Director | 02 Jan 2006 |
| U52100MH2018PTC309999 | Reflect Healthcare And Retail Private Limited | Director | 28 May 2018 |
| U74120MH2014PLC259234 | Avenue E-Commerce Limited | Director | 11 Nov 2014 |
| U91990MH2005GAP151959 | Retailers Association Of India | Director | 16 Feb 2022 |
Estimated Net Worth
Estimated Range: ₹0 – ₹1000+ Cr (approx. $0 – $120M+)
Based on publicly accessible filings, industry benchmarks, and leadership compensation patterns.
Executive Contact
Official Email: Via Dmart corporate communication desk.
Personal Contact: Not publicly disclosed.
Frequently Asked Questions
What is Neville Noronha's net worth?
Estimated ₹0 – ₹1000+ Cr (approx. $0 – $120M+).
How can I contact them?
Through Dmart's official communication channels.
Is this an official profile?
No — independently created using public data.
Disclaimer
This profile is created for general informational purposes. All details are based on publicly accessible information and independent research. While accuracy is prioritized, content may not always reflect the latest updates.
Nothing here should be interpreted as investment, financial, or legal advice. The individual featured has not authored or endorsed this profile.
Personal information is intentionally withheld. For official matters, please use formal communication channels associated with the respective organization.
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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)