V-Mart Retail Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Retail Trade: 99.3% • Digital Market Place: 0.7%
AI Sector View
AI GENERATEDConsumer Services
Consumer services have a mixed operating backdrop but strong market sponsorship. Foreign tourist arrivals in India rose 6.0% YoY (2026-06), export of services grew 13.0% YoY (2026-06), and headline tourist arrivals were 584000 (Jun/26), though airport passenger traffic was -2.0% YoY (2026-06). Strong FPI inflow of INR 19847 crore over 3 months to 2026-08-31 supports a Buy stance despite some travel softness.
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 16.93x)
- Latest quarter profit grew 40.5% YoY, showing strong momentum
- Company has delivered good sales growth of 28.6% CAGR over last 5 years
- Working capital cycle has improved - days down from 6 to 4
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- Company has a low return on equity of 2.7% over last 3 years
- Recent results are weak - TTM profit is down 12.5% versus prior year
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DMART | 3687.90 | 78.66 | 240541.79 | 0.00 | 860.44 | 11.34 | 18794.53 | 14.88 | 18.03 | 7.98 |
| TRENT | 2804.40 | 82.67 | 149544.98 | 0.14 | 518.07 | 21.98 | 5754.71 | 17.84 | 36.73 | 19.45 |
| VMM | 101.50 | 53.31 | 47550.81 | 0.00 | 258.77 | 25.57 | 3727.01 | 18.68 | 19.24 | 14.61 |
| METROBRAND | 939.90 | 63.04 | 25622.76 | 0.64 | 95.26 | -3.58 | 720.36 | 14.66 | 35.77 | 29.85 |
| ABLBL | 83.43 | 57.86 | 10182.81 | 0.60 | 29.02 | 20.62 | 2045.74 | 11.15 | 27.34 | 15.06 |
| PNGJL | 613.50 | 20.26 | 9030.88 | 0.00 | 105.33 | 51.91 | 2412.98 | 40.73 | 21.80 | 7.56 |
| V2RETAIL | 218.05 | 44.50 | 7950.92 | 0.00 | 41.85 | 69.70 | 997.20 | 57.73 | 38.43 | 13.99 |
| AVL | 614.65 | 57.11 | 7937.47 | 0.20 | 77.22 | 39.99 | 1192.68 | 26.85 | 20.82 | 10.44 |
| MEDPLUS | 660.40 | 37.70 | 7933.85 | 0.00 | 33.17 | -21.67 | 1879.60 | 21.84 | 22.22 | 7.09 |
| EMIL | 188.35 | 35.15 | 7246.74 | 0.00 | 120.64 | 458.07 | 2418.95 | 39.07 | 11.84 | 9.88 |
| ETHOSLTD | 2639.25 | 67.99 | 7062.02 | 0.00 | 28.66 | 50.71 | 461.71 | 33.32 | 13.70 | 12.97 |
| VMART | 808.10 | 46.73 | 6430.49 | 0.12 | 47.21 | 40.51 | 1088.81 | 23.00 | 23.56 | 14.75 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 679 | 549 | 889 | 669 | 786 | 661 | 1,027 | 780 | 885 | 807 | 1,126 | 971 | 10,888 | |
| 626 | 549 | 769 | 628 | 687 | 622 | 855 | 712 | 759 | 735 | 917 | 865 | 10,319 | |
| Operating Profit | 52 | 1 | 120 | 40 | 99 | 39 | 171 | 68 | 126 | 72 | 210 | 106 | 569 |
| OPM % | 7.73% | 0.12% | 13.46% | 6.02% | 12.59% | 5.84% | 16.69% | 8.74% | 14.25% | 8.86% | 18.60% | 10.95% | 5.22% |
| 2 | 2 | 13 | 4 | 5 | 2 | 3 | 27 | 3 | 3 | 2 | 6 | 26 | |
| Interest | 33 | 36 | 38 | 36 | 37 | 39 | 42 | 17 | 18 | 17 | 21 | 19 | 198 |
| Depreciation | 50 | 53 | 58 | 61 | 57 | 59 | 63 | 54 | 68 | 71 | 78 | 80 | 840 |
| Profit before Tax | -29 | -86 | 37 | -52 | 9 | -58 | 70 | 23 | 43 | -14 | 113 | 13 | 595 |
| Tax % | 24.24% | 25.80% | 23.45% | 25.14% | -30.26% | 2.55% | -2.71% | 19.13% | 21.75% | 34.83% | 22.07% | 10.05% | 20.68% |
| Net Profit | -22 | -64 | 28 | -39 | 12 | -57 | 72 | 19 | 34 | -9 | 88 | 11 | 472 |
| -11.10 | -32.43 | 14.28 | -19.68 | 1.54 | -7.14 | 9.04 | 2.34 | 4.23 | -1.12 | 11.08 | 1.49 | 5.94 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,002 | 1,222 | 1,434 | 1,662 | 1,075 | 1,666 | 2,465 | 2,786 | 3,254 | 3,789 | 3,993 | |
| 914 | 1,086 | 1,297 | 1,443 | 940 | 1,457 | 2,188 | 2,565 | 2,870 | 3,269 | 3,549 | |
| Operating Profit | 88 | 137 | 137 | 219 | 135 | 209 | 277 | 221 | 384 | 520 | 444 |
| OPM % | 8.79% | 11.18% | 9.55% | 13.16% | 12.56% | 12.55% | 11.22% | 7.93% | 11.81% | 13.72% | 11.12% |
| 4 | 4 | -4 | 4 | 21 | 14 | 15 | 21 | 36 | 14 | 14 | |
| Interest | 7 | 5 | 6 | 60 | 63 | 82 | 125 | 150 | 143 | 82 | 77 |
| Depreciation | 19 | 23 | 28 | 94 | 103 | 131 | 180 | 222 | 233 | 297 | 313 |
| Profit before Tax | 67 | 112 | 100 | 70 | -10 | 10 | -13 | -130 | 44 | 155 | 171 |
| Tax % | 34.30% | 30.91% | 38.26% | 29.03% | 35.82% | -11.97% | 39.66% | 25.85% | -4.12% | 19.89% | 19.70% |
| Net Profit | 44 | 78 | 62 | 49 | -6 | 12 | -8 | -97 | 46 | 124 | 138 |
| EPS | 24.22 | 42.79 | 33.90 | 27.17 | -3.37 | 5.88 | -3.97 | -48.92 | 23.12 | 15.61 | — |
| Dividend Payout % | 5.14% | 4.66% | 5.00% | 0.00% | 0.00% | 12.72% | 0.00% | 0.00% | 0.00% | 6.41% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 17%
- 5 Years:
- 29%
- 3 Years:
- 15%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 16%
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 20%
- 5 Years:
- -1%
- 3 Years:
- 14%
- 1 Year:
- 8%
RETURN ON EQUITY
- 10 Years:
- 8%
- 5 Years:
- 2%
- 3 Years:
- 3%
- Last Year:
- 14%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 | 20 | 20 | 20 | 20 | 20 | 79 |
| 251 | 328 | 387 | 435 | 799 | 819 | 816 | 721 | 768 | 851 | |
| 39 | 5 | 28 | 439 | 531 | 843 | 1,256 | 1,304 | 590 | 713 | |
| Trade Payables | 160 | 167 | 148 | 197 | 192 | 291 | 488 | 634 | 513 | 491 |
| 14 | 23 | 38 | 119 | 67 | 88 | 109 | 85 | 460 | 569 | |
| Total Liabilities | 483 | 541 | 620 | 1,208 | 1,608 | 2,061 | 2,689 | 2,763 | 2,351 | 2,704 |
| 117 | 145 | 165 | 667 | 697 | 1,111 | 1,445 | 1,661 | 1,039 | 1,366 | |
| Capital Work in Progress | 1 | 4 | 4 | 2 | 2 | 6 | 109 | 4 | 4 | 8 |
| 72 | 34 | 61 | 8 | 319 | 125 | 9 | 5 | 5 | 18 | |
| 269 | 307 | 329 | 478 | 428 | 668 | 871 | 816 | 987 | 988 | |
| Cash & Bank | 3 | 18 | 19 | 5 | 27 | 35 | 18 | 27 | 39 | 20 |
| 20 | 33 | 42 | 47 | 134 | 115 | 238 | 251 | 277 | 304 | |
| Total Assets | 483 | 541 | 620 | 1,208 | 1,608 | 2,061 | 2,689 | 2,763 | 2,351 | 2,704 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 93 | 96 | 110 | 110 | 153 | 1 | 195 | 386 | 349 | 501 | |
| Cash from Investing | -73 | -8 | -73 | 1 | -419 | 124 | -159 | -118 | -122 | -174 |
| Cash from Financing | 5 | -38 | -4 | -94 | 287 | -104 | -33 | -259 | -215 | -346 |
| 1 | 11 | -1 | -8 | 17 | 8 | -15 | 9 | 12 | -20 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-24 - Significant increase in volume has been observed in V-Mart Retail Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. V-Mart Retail Limited has submitted their response.
2026-08-21 - Significant increase in volume has been observed in V-Mart Retail Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.
2026-08-13 - V-Mart Retail Limited has informed the Exchange about the Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
2026-08-11 - V-Mart Retail Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "V-Mart Retail launches Its 600th Store".
2026-08-07 - V-Mart Retail Limited has informed the Exchange about Schedule of meet
2026-08-04 - V-Mart Retail Limited has informed the Exchange about Schedule of meet
2026-08-03 - V-Mart Retail Limited has informed the Exchange about Schedule of meet
2026-07-30 - V-Mart Retail Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 30, 2026. Further, the company has informed the Exchange regarding voting results.
2026-07-30 - V-Mart Retail Limited has informed the Exchange about Recording of 24th Annual General Meeting of the Company
News
Recent coverage and analyst commentary for VMART
Loading news…
AI Stock Analyst
V-Mart Retail Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account