Vishal Mega Mart Limited share price

Key numbers

Market cap

₹ 48,488 Cr

Current price

₹ 103.50

52-week high / low

₹ 152 / 99

Stock P/E

54.5

Book value

₹ 15.9

Dividend yield

0.00%

ROCE

14.8%

ROE

12.1%

Debt to equity

0.27

Sales growth (3 yrs)

19.4%

Profit growth (3 yrs)

37.7%

1-year return

-29.8%

About Vishal Mega Mart Limited

Vishal Mega Mart Limited engages in the wholesale, trading, and retail of apparel, fast moving consumer goods, and general merchandise in India. The company offers apparel, including t-shirts, classics, fashion, lingerie, men's formal and casual, kids' wear, women's casual and ethnic, denims, athleisure, infant wear, and girl's wear products; and general merchandise, such as home appliances and furnishings, crockery, utensils, and travel products, as well as footwear and lifestyle products. It also provides fast-moving consumer goods comprising staples, packaged food, women hygiene, home care, personal care, infant diapers, savoury products, dairy and confectionery, kitchen roll napkin, facial tissue, and incense products. The company sells its products through its stores, mobile application, and website under third party and its own brand names. The company was incorporated in 2018 and is based in Gurugram, India.

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-07-28)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• Our private brands continue to see strong customer traction, contributing 75.2% to revenue growth or rather our revenue in quarter 1 FY27.
• With elevated inflation weighing on demand environment in quarter 1, we expect the impact to taper down in the subsequent quarters.

Growth & demand

• This was a growth of 18.7% over last year, and this was backed by a strong same -store sales growth of 10%, a clear proof of the resilience of our business model in this very dynamic and uncertain operating environment.
• So for example, while our total business has grown 10% same- store sales growth, in apparel, our highest priced fashion merchandise has grown at 13.9% same- store sales growth.

Margins & costs

• Operating EBITDA was INR 387 crores, which was a growth of 19.3% over last year, and our operating margin (Operating EBITDA margin) improved from 10.3% last year to 10.4% this year.
• Profit after tax was INR 259 crores, which is a 25.6% growth over last year, and the PAT margin improved from 6.6% last year to 6.9% this year.

Capex & expansion

• Our total number of customer acquisitions in the quarter has gone up by 8%.
• But there has been no increase in the expansion pace significantly from any of the players.

Risks & challenges

• Our superior merchandise, operational excellence and customer-first approach helped us deliver consistent results even when the broader environment remained very challenging.
• We've seen an improvement despite our discussion on cost pressures starting from May.

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