V-Mart Retail Ltd.
•₹ 838.853.99%
2026-08-21
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
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DMART | 3979.55 | 84.88 | 259564.55 | 0.00 | 860.44 | 11.34 | 18794.53 | 14.88 | 18.03 | 7.98 |
| 2. | TRENT | 2944.00 | 86.78 | 156983.37 | 0.14 | 518.07 | 21.98 | 5754.71 | 17.84 | 36.73 | 19.45 |
| 3. | VMM | 103.40 | 54.31 | 48440.92 | 0.00 | 258.77 | 25.57 | 3727.01 | 18.68 | 17.13 | 14.61 |
| 4. | METROBRAND | 924.05 | 61.97 | 25186.40 | 0.32 | 95.26 | -3.58 | 720.36 | 14.66 | 33.25 | 29.85 |
| 5. | ABLBL | 86.92 | 60.28 | 10608.77 | 0.58 | 29.02 | 20.62 | 2045.74 | 11.15 | 27.34 | 15.06 |
| 6. | PNGJL | 603.90 | 19.94 | 8889.56 | 0.00 | 105.33 | 51.91 | 2412.98 | 40.73 | 20.40 | 7.56 |
| 7. | V2RETAIL | 220.00 | 44.90 | 8022.03 | 0.00 | 41.85 | 69.70 | 997.20 | 57.73 | 38.43 | 13.99 |
| 8. | AVL | 605.70 | 0.00 | 7821.89 | 0.21 | 772.20 | 1299.93 | 11926.80 | 1168.50 | 20.82 | 10.44 |
| 9. | MEDPLUS | 649.85 | 37.09 | 7807.11 | 0.00 | 33.17 | -21.67 | 1879.60 | 21.84 | 22.22 | 7.09 |
| 10. | ETHOSLTD | 2904.30 | 74.81 | 7771.24 | 0.00 | 28.66 | 50.71 | 461.71 | 33.32 | 13.70 | 12.97 |
| 11. | EMIL | 191.15 | 35.67 | 7354.47 | 0.00 | 120.64 | 458.07 | 2418.95 | 39.07 | 14.49 | 9.88 |
| 12. | VMART | 808.00 | 0.00 | 6429.69 | 0.12 | 47.21 | 40.51 | 1088.81 | 23.00 | 23.56 | 14.75 |
Detailed Comparison with:
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 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 2 | 13 | 4 | 5 | 2 | 3 | 2 | 3 | 3 | 4 | 5 | 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 |
| -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 | -32 | 14 | -20 | 2 | -7 | 9 | 2 | 4 | -1 | 11 | 1 | 6 | |
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 79 | 79 | 79 | 79 | 796 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 79 | 79 | 79 | 79 | 796 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 679
- 626
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 33
- Depreciation
- 50
- -29
- Tax %
- 24.24%
- Net Profit
- -22
- -11
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 549
- 549
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 36
- Depreciation
- 53
- -86
- Tax %
- 25.80%
- Net Profit
- -64
- -32
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 889
- 769
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 38
- Depreciation
- 58
- 37
- Tax %
- 23.45%
- Net Profit
- 28
- 14
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 669
- 628
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 36
- Depreciation
- 61
- -52
- Tax %
- 25.14%
- Net Profit
- -39
- -20
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 786
- 687
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 37
- Depreciation
- 57
- 9
- Tax %
- -30.26%
- Net Profit
- 12
- 2
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 661
- 622
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 39
- Depreciation
- 59
- -58
- Tax %
- 2.55%
- Net Profit
- -57
- -7
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,027
- 855
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 42
- Depreciation
- 63
- 70
- Tax %
- -2.71%
- Net Profit
- 72
- 9
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 780
- 712
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 17
- Depreciation
- 54
- 23
- Tax %
- 19.13%
- Net Profit
- 19
- 2
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 885
- 759
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 18
- Depreciation
- 68
- 43
- Tax %
- 21.75%
- Net Profit
- 34
- 4
- Equity Capital
- 79
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 79
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 807
- 735
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 17
- Depreciation
- 71
- -14
- Tax %
- 34.83%
- Net Profit
- -9
- -1
- Equity Capital
- 79
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 79
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,126
- 917
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 21
- Depreciation
- 78
- 113
- Tax %
- 22.07%
- Net Profit
- 88
- 11
- Equity Capital
- 79
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 79
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 971
- 865
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 19
- Depreciation
- 80
- 13
- Tax %
- 10.05%
- Net Profit
- 11
- 1
- Equity Capital
- 79
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 79
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 10,888
- 10,319
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 198
- Depreciation
- 840
- 595
- Tax %
- 20.68%
- Net Profit
- 472
- 6
- Equity Capital
- 796
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 796
- Reserves
- 0
- Promoter Pledge %
- 0.00%
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 | 92 | 141 | 143 | 223 | 156 | 223 | 292 | 242 | 396 | 535 | — |
| OPM % | 9 | 12 | 10 | 13 | 15 | 13 | 12 | 9 | 12 | 14 | — |
| Other Income | 4 | 4 | 6 | 4 | 21 | 14 | 15 | 21 | 12 | 15 | 15 |
| Interest | 7 | 5 | 6 | 60 | 63 | 82 | 125 | 150 | 143 | 82 | 77 |
| Depreciation | 19 | 23 | 28 | 94 | 103 | 131 | 180 | 222 | 233 | 297 | 313 |
| 67 | 112 | 100 | 70 | -10 | 10 | -13 | -130 | 44 | 155 | 171 | |
| Tax % | 34 | 31 | 38 | 29 | 36 | -12 | 40 | 26 | -4 | 20 | 20 |
| Net Profit | 44 | 78 | 62 | 49 | -6 | 12 | -8 | -97 | 46 | 124 | 138 |
| EPS | 24 | 43 | 34 | 27 | -3 | 6 | -4 | -49 | 23 | 16 | — |
| Dividend Payout % | 5 | 5 | 5 | 0 | 0 | 13 | 0 | 0 | 0 | 6 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 11 | 8 | 7 | -1 | 1 | -1 | -12 | 6 | 16 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 11 | 8 | 7 | -1 | 1 | -1 | -12 | 6 | 16 | — |
Mar 2017
- 1,002
- 914
- Operating Profit
- 92
- OPM %
- 9
- Other Income
- 4
- Interest
- 7
- Depreciation
- 19
- 67
- Tax %
- 34
- Net Profit
- 44
- EPS
- 24
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2018
- 1,222
- 1,086
- Operating Profit
- 141
- OPM %
- 12
- Other Income
- 4
- Interest
- 5
- Depreciation
- 23
- 112
- Tax %
- 31
- Net Profit
- 78
- EPS
- 43
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2019
- 1,434
- 1,297
- Operating Profit
- 143
- OPM %
- 10
- Other Income
- 6
- Interest
- 6
- Depreciation
- 28
- 100
- Tax %
- 38
- Net Profit
- 62
- EPS
- 34
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2020
- 1,662
- 1,443
- Operating Profit
- 223
- OPM %
- 13
- Other Income
- 4
- Interest
- 60
- Depreciation
- 94
- 70
- Tax %
- 29
- Net Profit
- 49
- EPS
- 27
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2021
- 1,075
- 940
- Operating Profit
- 156
- OPM %
- 15
- Other Income
- 21
- Interest
- 63
- Depreciation
- 103
- -10
- Tax %
- 36
- Net Profit
- -6
- EPS
- -3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2022
- 1,666
- 1,457
- Operating Profit
- 223
- OPM %
- 13
- Other Income
- 14
- Interest
- 82
- Depreciation
- 131
- 10
- Tax %
- -12
- Net Profit
- 12
- EPS
- 6
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 2,465
- 2,188
- Operating Profit
- 292
- OPM %
- 12
- Other Income
- 15
- Interest
- 125
- Depreciation
- 180
- -13
- Tax %
- 40
- Net Profit
- -8
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2024
- 2,786
- 2,565
- Operating Profit
- 242
- OPM %
- 9
- Other Income
- 21
- Interest
- 150
- Depreciation
- 222
- -130
- Tax %
- 26
- Net Profit
- -97
- EPS
- -49
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -12
Mar 2025
- 3,254
- 2,870
- Operating Profit
- 396
- OPM %
- 12
- Other Income
- 12
- Interest
- 143
- Depreciation
- 233
- 44
- Tax %
- -4
- Net Profit
- 46
- EPS
- 23
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2026
- 3,789
- 3,269
- Operating Profit
- 535
- OPM %
- 14
- Other Income
- 15
- Interest
- 82
- Depreciation
- 297
- 155
- Tax %
- 20
- Net Profit
- 124
- EPS
- 16
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
TTM
- 3,993
- 3,549
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 77
- Depreciation
- 313
- 171
- Tax %
- 20
- Net Profit
- 138
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
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:
- -2%
- 3 Years:
- 14%
- 1 Year:
- 6%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 18 | 18 | 18 | 18 | 20 | 20 | 20 | 20 | 20 | 79 |
| 251 | 328 | 387 | 435 | 799 | 819 | 816 | 721 | 768 | 851 | |
| 35 | 0 | 0 | 1 | 0 | 0 | 148 | 110 | 149 | 100 | |
| Trade Payables | 160 | 167 | 148 | 197 | 192 | 291 | 488 | 634 | 513 | 491 |
| 19 | 28 | 66 | 557 | 598 | 931 | 1,217 | 1,279 | 901 | 1,183 | |
| Total Liabilities | 483 | 541 | 620 | 1,208 | 1,608 | 2,061 | 2,689 | 2,763 | 2,351 | 2,704 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 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 |
| Total Debt | 36 | 1 | 0 | 1 | 0 | 0 | 148 | 110 | 149 | 100 |
| Net Working Capital | 129 | 173 | 210 | 197 | 619 | 502 | 284 | 143 | 58 | 44 |
| Contingent Liabilities | 6 | 6 | 7 | 8 | 16 | 6 | 6 | 10 | 10 | 11 |
| Book Value per Share | 148.96 | 191.09 | 223.68 | 249.60 | 415.30 | 424.83 | 422.99 | 374.65 | 398.07 | 117.09 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 36 | 1 | 0 | 1 | 0 | 0 | 148 | 110 | 149 | 100 |
| Net Working Capital | 129 | 173 | 210 | 197 | 619 | 502 | 284 | 143 | 58 | 44 |
| Contingent Liabilities | 6 | 6 | 7 | 8 | 16 | 6 | 6 | 10 | 10 | 11 |
| Book Value per Share | 148.96 | 191.09 | 223.68 | 249.60 | 415.30 | 424.83 | 422.99 | 374.65 | 398.07 | 117.09 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 18
- 251
- 35
- Trade Payables
- 160
- 19
- Total Liabilities
- 483
- 117
- Capital Work in Progress
- 1
- 72
- 269
- Cash & Bank
- 3
- 20
- Total Assets
- 483
- Total Debt
- 36
- Net Working Capital
- 129
- Contingent Liabilities
- 6
- Book Value per Share
- 148.96
- Face Value
- 10.00
- Total Debt
- 36
- Net Working Capital
- 129
- Contingent Liabilities
- 6
- Book Value per Share
- 148.96
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 18
- 328
- 0
- Trade Payables
- 167
- 28
- Total Liabilities
- 541
- 145
- Capital Work in Progress
- 4
- 34
- 307
- Cash & Bank
- 18
- 33
- Total Assets
- 541
- Total Debt
- 1
- Net Working Capital
- 173
- Contingent Liabilities
- 6
- Book Value per Share
- 191.09
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 173
- Contingent Liabilities
- 6
- Book Value per Share
- 191.09
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 18
- 387
- 0
- Trade Payables
- 148
- 66
- Total Liabilities
- 620
- 165
- Capital Work in Progress
- 4
- 61
- 329
- Cash & Bank
- 19
- 42
- Total Assets
- 620
- Total Debt
- 0
- Net Working Capital
- 210
- Contingent Liabilities
- 7
- Book Value per Share
- 223.68
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 210
- Contingent Liabilities
- 7
- Book Value per Share
- 223.68
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 18
- 435
- 1
- Trade Payables
- 197
- 557
- Total Liabilities
- 1,208
- 667
- Capital Work in Progress
- 2
- 8
- 478
- Cash & Bank
- 5
- 47
- Total Assets
- 1,208
- Total Debt
- 1
- Net Working Capital
- 197
- Contingent Liabilities
- 8
- Book Value per Share
- 249.60
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 197
- Contingent Liabilities
- 8
- Book Value per Share
- 249.60
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 20
- 799
- 0
- Trade Payables
- 192
- 598
- Total Liabilities
- 1,608
- 697
- Capital Work in Progress
- 2
- 319
- 428
- Cash & Bank
- 27
- 134
- Total Assets
- 1,608
- Total Debt
- 0
- Net Working Capital
- 619
- Contingent Liabilities
- 16
- Book Value per Share
- 415.30
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 619
- Contingent Liabilities
- 16
- Book Value per Share
- 415.30
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 20
- 819
- 0
- Trade Payables
- 291
- 931
- Total Liabilities
- 2,061
- 1,111
- Capital Work in Progress
- 6
- 125
- 668
- Cash & Bank
- 35
- 115
- Total Assets
- 2,061
- Total Debt
- 0
- Net Working Capital
- 502
- Contingent Liabilities
- 6
- Book Value per Share
- 424.83
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 502
- Contingent Liabilities
- 6
- Book Value per Share
- 424.83
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 20
- 816
- 148
- Trade Payables
- 488
- 1,217
- Total Liabilities
- 2,689
- 1,445
- Capital Work in Progress
- 109
- 9
- 871
- Cash & Bank
- 18
- 238
- Total Assets
- 2,689
- Total Debt
- 148
- Net Working Capital
- 284
- Contingent Liabilities
- 6
- Book Value per Share
- 422.99
- Face Value
- 10.00
- Total Debt
- 148
- Net Working Capital
- 284
- Contingent Liabilities
- 6
- Book Value per Share
- 422.99
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 20
- 721
- 110
- Trade Payables
- 634
- 1,279
- Total Liabilities
- 2,763
- 1,661
- Capital Work in Progress
- 4
- 5
- 816
- Cash & Bank
- 27
- 251
- Total Assets
- 2,763
- Total Debt
- 110
- Net Working Capital
- 143
- Contingent Liabilities
- 10
- Book Value per Share
- 374.65
- Face Value
- 10.00
- Total Debt
- 110
- Net Working Capital
- 143
- Contingent Liabilities
- 10
- Book Value per Share
- 374.65
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 20
- 768
- 149
- Trade Payables
- 513
- 901
- Total Liabilities
- 2,351
- 1,039
- Capital Work in Progress
- 4
- 5
- 987
- Cash & Bank
- 39
- 277
- Total Assets
- 2,351
- Total Debt
- 149
- Net Working Capital
- 58
- Contingent Liabilities
- 10
- Book Value per Share
- 398.07
- Face Value
- 10.00
- Total Debt
- 149
- Net Working Capital
- 58
- Contingent Liabilities
- 10
- Book Value per Share
- 398.07
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 79
- 851
- 100
- Trade Payables
- 491
- 1,183
- Total Liabilities
- 2,704
- 1,366
- Capital Work in Progress
- 8
- 18
- 988
- Cash & Bank
- 20
- 304
- Total Assets
- 2,704
- Total Debt
- 100
- Net Working Capital
- 44
- Contingent Liabilities
- 11
- Book Value per Share
- 117.09
- Face Value
- 10.00
- Total Debt
- 100
- Net Working Capital
- 44
- Contingent Liabilities
- 11
- Book Value per Share
- 117.09
- Face Value
- 10.00
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 69 | 58 | 76 | 86 | 149 | -11 | 177 | 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 | |
| Free Cash Flow | 69 | 5 | 31 | -442 | 89 | -553 | -220 | 217 | 349 | -111 |
| OCF / Net Profit | 1.57 | 0.74 | 1.24 | 1.75 | -24.07 | -0.97 | -22.49 | -3.99 | 7.63 | 4.04 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -248 | -870 | -1,096 | -910 | -119 | -319 |
| OCF / Net Profit | 1.57 | 0.74 | 1.24 | 1.75 | -24.07 | -0.97 | -22.49 | -3.99 | 7.63 | 4.04 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -248 | -870 | -1,096 | -910 | -119 | -319 |
Mar 2017
- 69
- Cash from Investing
- -73
- Cash from Financing
- 5
- 1
- Free Cash Flow
- 69
- OCF / Net Profit
- 1.57
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.57
- Cumulative 5-Year FCF
- 0
Mar 2018
- 58
- Cash from Investing
- -8
- Cash from Financing
- -38
- 11
- Free Cash Flow
- 5
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 0
Mar 2019
- 76
- Cash from Investing
- -73
- Cash from Financing
- -4
- -1
- Free Cash Flow
- 31
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- 0
Mar 2020
- 86
- Cash from Investing
- 1
- Cash from Financing
- -94
- -8
- Free Cash Flow
- -442
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 0
Mar 2021
- 149
- Cash from Investing
- -419
- Cash from Financing
- 287
- 17
- Free Cash Flow
- 89
- OCF / Net Profit
- -24.07
- Cumulative 5-Year FCF
- -248
- OCF / Net Profit
- -24.07
- Cumulative 5-Year FCF
- -248
Mar 2022
- -11
- Cash from Investing
- 124
- Cash from Financing
- -104
- 8
- Free Cash Flow
- -553
- OCF / Net Profit
- -0.97
- Cumulative 5-Year FCF
- -870
- OCF / Net Profit
- -0.97
- Cumulative 5-Year FCF
- -870
Mar 2023
- 177
- Cash from Investing
- -159
- Cash from Financing
- -33
- -15
- Free Cash Flow
- -220
- OCF / Net Profit
- -22.49
- Cumulative 5-Year FCF
- -1,096
- OCF / Net Profit
- -22.49
- Cumulative 5-Year FCF
- -1,096
Mar 2024
- 386
- Cash from Investing
- -118
- Cash from Financing
- -259
- 9
- Free Cash Flow
- 217
- OCF / Net Profit
- -3.99
- Cumulative 5-Year FCF
- -910
- OCF / Net Profit
- -3.99
- Cumulative 5-Year FCF
- -910
Mar 2025
- 349
- Cash from Investing
- -122
- Cash from Financing
- -215
- 12
- Free Cash Flow
- 349
- OCF / Net Profit
- 7.63
- Cumulative 5-Year FCF
- -119
- OCF / Net Profit
- 7.63
- Cumulative 5-Year FCF
- -119
Mar 2026
- 501
- Cash from Investing
- -174
- Cash from Financing
- -346
- -20
- Free Cash Flow
- -111
- OCF / Net Profit
- 4.04
- Cumulative 5-Year FCF
- -319
- OCF / Net Profit
- 4.04
- Cumulative 5-Year FCF
- -319
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 24.30 | 42.94 | 33.99 | 27.18 | -3.15 | 5.89 | -3.97 | -48.92 | 23.12 | 15.61 |
| Book Value (₹) | 148.96 | 191.09 | 223.68 | 249.60 | 415.30 | 424.83 | 422.99 | 374.65 | 398.07 | 117.09 |
| Dividend per Share (₹) | 1.25 | 2.00 | 1.70 | 0.00 | 0.00 | 0.75 | 0.00 | 0.00 | 0.00 | 1.00 |
| Cash EPS (₹) | 8.64 | 13.90 | 12.31 | 19.73 | 12.28 | 18.02 | 21.77 | 15.85 | 35.20 | 52.99 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 9.20% | 11.52% | 9.96% | 13.43% | 14.51% | 13.39% | 11.79% | 7.92% | 11.80% | 13.72% |
| Net Margin % | 4.38% | 6.36% | 4.30% | 2.97% | -0.58% | 0.70% | -0.32% | -3.47% | 1.41% | 3.27% |
| ROE % | 17.57% | 25.27% | 16.40% | 11.49% | -0.98% | 1.40% | -0.94% | -12.27% | 5.99% | 14.43% |
| ROCE % | 26.12% | 36.07% | 27.81% | 29.74% | 8.26% | 11.03% | 12.08% | 2.13% | 20.64% | 23.56% |
| 9.48% | 15.18% | 10.62% | 5.40% | -0.44% | 0.63% | -0.33% | -3.55% | 1.79% | 4.91% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 86 | 86 | 81 | 89 | 154 | 120 | 114 | 110 | 101 | 95 |
| Payable Days | 66 | 72 | 59 | 56 | 98 | 81 | 89 | 112 | 98 | 74 |
| 20 | 14 | 22 | 33 | 56 | 39 | 25 | -2 | 3 | 21 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.13x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.18x | 0.15x | 0.19x | 0.11x |
| Interest Coverage (x) | 10.87x | 21.70x | 18.99x | 2.16x | 0.85x | 1.13x | 0.90x | 0.13x | 1.31x | 2.89x |
| 1.60x | 1.89x | 1.99x | 1.61x | 3.29x | 2.27x | 1.37x | 1.16x | 1.05x | 1.04x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 23.78% | 22.03% | 17.29% | 15.92% | -35.29% | 54.93% | 47.93% | 13.01% | 16.81% | 16.46% |
| Operating Profit Growth % | 40.76% | 52.84% | 1.39% | 56.36% | -30.09% | 42.93% | 30.68% | -17.04% | 63.84% | 35.02% |
| Net Profit Growth % | 58.89% | 76.99% | -20.69% | -19.93% | -112.57% | 287.66% | -167.44% | -1132.61% | 147.30% | 170.92% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -1131.98% | 147.25% | -32.49% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 31.50x | 30.46x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.74x | 7.32x | 4.06x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.21% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.94x | 14.83x | 7.21x |
Mar 2017
- EPS (₹)
- 24.30
- Book Value (₹)
- 148.96
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 8.64
- Operating Margin %
- 9.20%
- Net Margin %
- 4.38%
- ROE %
- 17.57%
- ROCE %
- 26.12%
- 9.48%
- Debtor Days
- 0
- Inventory Days
- 86
- Payable Days
- 66
- 20
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 10.87x
- 1.60x
- Revenue Growth %
- 23.78%
- Operating Profit Growth %
- 40.76%
- Net Profit Growth %
- 58.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 42.94
- Book Value (₹)
- 191.09
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 13.90
- Operating Margin %
- 11.52%
- Net Margin %
- 6.36%
- ROE %
- 25.27%
- ROCE %
- 36.07%
- 15.18%
- Debtor Days
- 0
- Inventory Days
- 86
- Payable Days
- 72
- 14
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 21.70x
- 1.89x
- Revenue Growth %
- 22.03%
- Operating Profit Growth %
- 52.84%
- Net Profit Growth %
- 76.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 33.99
- Book Value (₹)
- 223.68
- Dividend per Share (₹)
- 1.70
- Cash EPS (₹)
- 12.31
- Operating Margin %
- 9.96%
- Net Margin %
- 4.30%
- ROE %
- 16.40%
- ROCE %
- 27.81%
- 10.62%
- Debtor Days
- 0
- Inventory Days
- 81
- Payable Days
- 59
- 22
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 18.99x
- 1.99x
- Revenue Growth %
- 17.29%
- Operating Profit Growth %
- 1.39%
- Net Profit Growth %
- -20.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 27.18
- Book Value (₹)
- 249.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 19.73
- Operating Margin %
- 13.43%
- Net Margin %
- 2.97%
- ROE %
- 11.49%
- ROCE %
- 29.74%
- 5.40%
- Debtor Days
- 0
- Inventory Days
- 89
- Payable Days
- 56
- 33
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 2.16x
- 1.61x
- Revenue Growth %
- 15.92%
- Operating Profit Growth %
- 56.36%
- Net Profit Growth %
- -19.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -3.15
- Book Value (₹)
- 415.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 12.28
- Operating Margin %
- 14.51%
- Net Margin %
- -0.58%
- ROE %
- -0.98%
- ROCE %
- 8.26%
- -0.44%
- Debtor Days
- 0
- Inventory Days
- 154
- Payable Days
- 98
- 56
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.85x
- 3.29x
- Revenue Growth %
- -35.29%
- Operating Profit Growth %
- -30.09%
- Net Profit Growth %
- -112.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 5.89
- Book Value (₹)
- 424.83
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 18.02
- Operating Margin %
- 13.39%
- Net Margin %
- 0.70%
- ROE %
- 1.40%
- ROCE %
- 11.03%
- 0.63%
- Debtor Days
- 0
- Inventory Days
- 120
- Payable Days
- 81
- 39
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 1.13x
- 2.27x
- Revenue Growth %
- 54.93%
- Operating Profit Growth %
- 42.93%
- Net Profit Growth %
- 287.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -3.97
- Book Value (₹)
- 422.99
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 21.77
- Operating Margin %
- 11.79%
- Net Margin %
- -0.32%
- ROE %
- -0.94%
- ROCE %
- 12.08%
- -0.33%
- Debtor Days
- 0
- Inventory Days
- 114
- Payable Days
- 89
- 25
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 0.90x
- 1.37x
- Revenue Growth %
- 47.93%
- Operating Profit Growth %
- 30.68%
- Net Profit Growth %
- -167.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -48.92
- Book Value (₹)
- 374.65
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.85
- Operating Margin %
- 7.92%
- Net Margin %
- -3.47%
- ROE %
- -12.27%
- ROCE %
- 2.13%
- -3.55%
- Debtor Days
- 0
- Inventory Days
- 110
- Payable Days
- 112
- -2
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 0.13x
- 1.16x
- Revenue Growth %
- 13.01%
- Operating Profit Growth %
- -17.04%
- Net Profit Growth %
- -1132.61%
- -1131.98%
- P/E (x)
- 0.00x
- P/B (x)
- 5.74x
- Dividend Yield %
- 0.00%
- 17.94x
Mar 2025
- EPS (₹)
- 23.12
- Book Value (₹)
- 398.07
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 35.20
- Operating Margin %
- 11.80%
- Net Margin %
- 1.41%
- ROE %
- 5.99%
- ROCE %
- 20.64%
- 1.79%
- Debtor Days
- 0
- Inventory Days
- 101
- Payable Days
- 98
- 3
- Debt to Equity (x)
- 0.19x
- Interest Coverage (x)
- 1.31x
- 1.05x
- Revenue Growth %
- 16.81%
- Operating Profit Growth %
- 63.84%
- Net Profit Growth %
- 147.30%
- 147.25%
- P/E (x)
- 31.50x
- P/B (x)
- 7.32x
- Dividend Yield %
- 0.00%
- 14.83x
Mar 2026
- EPS (₹)
- 15.61
- Book Value (₹)
- 117.09
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 52.99
- Operating Margin %
- 13.72%
- Net Margin %
- 3.27%
- ROE %
- 14.43%
- ROCE %
- 23.56%
- 4.91%
- Debtor Days
- 0
- Inventory Days
- 95
- Payable Days
- 74
- 21
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 2.89x
- 1.04x
- Revenue Growth %
- 16.46%
- Operating Profit Growth %
- 35.02%
- Net Profit Growth %
- 170.92%
- -32.49%
- P/E (x)
- 30.46x
- P/B (x)
- 4.06x
- Dividend Yield %
- 0.21%
- 7.21x
Documents
Announcements
- General Updates
2026-08-13 - V-Mart Retail Limited has informed the Exchange about the Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
- Press Release
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".
Annual Reports
Credit Ratings
- Credit Rating
2026-06-02 - V-Mart Retail Limited has informed the Exchange about Credit Rating
Concalls
Jul 2026
May 2026
Jan 2026