V-Mart Retail
- Market cap
- ₹ 6,261 Cr.
- P/E
- 45.1x
- P/B
- 6.44x
- 52-week range
- 457.9 – 882
- ROE
- 14%
- ROCE
- 13%
- Dividend yield
- 0.1%
- Debt / equity
- 1.01
- Sector
- Retailing
- Industry
- Diversified Retail
- Listed on
- NSE, BSE
About
V-Mart Retail Limited is an India-based family fashion store that retails readymade garments and accessories. The Company is engaged in value retailing through a chain of stores situated in various places in India. It operates through two segments: Retail Trade and Digital Marketplace. The Retail Trade segment is engaged in domestic sales to customers at stores. The Digital Marketplace segment is engaged in the commission and other income by providing a Limeroad platform for vendors. Its products portfolio is categorized into Apparel, Non-Apparel, and General Merchandise. Its Non-Apparel category consists of footwear, home needs, tech wearables and audio accessories, and beauty and fashion accessories. Its Apparel category consists of inner wear, sports and active wear, and western wear. Its General Merchandise category includes fast moving consumer goods (FMCG) products, packaged food items, and staple food. It operates through approximately 500 stores across 28 states.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified Retail: 20 companies →V-Mart Retail against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)45.1 against a typical 45.1: in line than most peers (1st = cheapest).9th of 17
- Sales growth+23.1% against a typical +17.8% from a year earlier.6th of 15
- Profit growth+38.2% against a typical +37.6% from a year earlier.3rd of 7
- Share price, 3 months+3.2% against a typical −16.8%.6th of 17
- Size₹ 6,260.7 Cr. market value against a typical ₹ 138.3 Cr. (1st = largest).3rd of 16
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA- | Stable | 2 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Jun 2026 | Reaffirmed | [ICRA]AA- | — | ICRA | ₹ 300 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 24 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 7 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 22 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 10 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 24 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 2 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 549 | 889 | 669 | 786 | 661 | 1,027 | 780 | 885 | 807 | 1,126 | 971 | 1,089 |
| Expenses | 549 | 769 | 628 | 687 | 622 | 855 | 712 | 759 | 735 | 917 | 865 | 928 |
| Operating Profit | 1 | 120 | 40 | 99 | 39 | 171 | 68 | 126 | 72 | 210 | 106 | 161 |
| OPM % | 0.1% | 13% | 6% | 13% | 6% | 17% | 9% | 14% | 9% | 19% | 11% | 15% |
| Other Income | 2 | 13 | 4 | 5 | 2 | 3 | 27 | 3 | 3 | 2 | 6 | 3 |
| Interest | 36 | 38 | 36 | 37 | 39 | 42 | 17 | 18 | 17 | 21 | 19 | 20 |
| Depreciation | 53 | 58 | 61 | 57 | 59 | 63 | 54 | 68 | 71 | 78 | 80 | 84 |
| Profit before tax | −86 | 37 | −52 | 9 | −58 | 70 | 23 | 43 | −14 | 113 | 13 | 60 |
| Tax % | −26% | 23% | −25% | −30% | −3% | −3% | 19% | 22% | −35% | 22% | 10% | 21% |
| Net Profit | −64 | 28 | −39 | 12 | −57 | 72 | 19 | 34 | −9 | 88 | 11 | 47 |
| EPS in Rs | −8.11 | 3.57 | −4.92 | 1.53 | −7.14 | 9.04 | 2.34 | 4.23 | −1.12 | 11.08 | 1.42 | 5.93 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 17%
- 5 Years
- 29%
- 3 Years
- 15%
- TTM
- 19%
- 10 Years
- 17%
- 5 Years
- 83%
- 3 Years
- 144%
- TTM
- 161%
- 10 Years
- 21%
- 5 Years
- −2%
- 3 Years
- 16%
- TTM
- —
- 10 Years
- 5%
- 5 Years
- 1%
- 3 Years
- 2%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| V-Mart Retail | ₹ 769.00 | ₹ 6,261 Cr. | 45.1x | 6.4x | 14% | — |
| Vishal Mega Mart | ₹ 87.00 | ₹ 40,758 Cr. | 61.6x | 7x | 12.2% | 6.5% |
| Shoppers Stop | ₹ 339.40 | ₹ 3,721 Cr. | — | 14.8x | −11.8% | −0.7% |
| State Trading Corporation of India | ₹ 101.35 | ₹ 609 Cr. | 18.6x | — | — | — |
| Future Enterprises | ₹ 0.49 | ₹ 22 Cr. | — | — | −218.6% | −144.7% |
Management
- Anand Agarwal
- Chief Financial Officer
- Jayesh Kothari
- President - Merchandising
- Megha Tandon
- Compliance Officer, Company Secretary
- Anjali Goel
- Vice President - Human Resources
- Ramesh Agarwal
- Vice President - Supply Chain Management
- Nitin Goel
- Vice President - Planning
- Dinesh Srivastav
- Vice President - Information Technology
- Lalit M. Agarwal
- Managing Director, Executive Director
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