Vishal Mega Mart

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA+ by India Ratings.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 14% and profit rose 3.9% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters sellingThe promoters (founders or parent) own 40%, down from 54% in Sep 2025.
• ValuationCheap vs its pastThe share trades at 45.6 times its yearly earnings (P/E), cheaper than 100% of the time in the last 2 years. Its usual P/E is about 87.

Vishal Mega Mart 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)45.6 against a typical 45.1: pricier than most peers (1st = cheapest).10th of 17
• Sales growth+14% against a typical +17.8% from a year earlier.9th of 15
• Profit growth+3.9% against a typical +37.6% from a year earlier.7th of 7
• Share price, 3 months−18.7% against a typical −16.8%.12th of 17
• Size₹ 40,757.8 Cr. market value against a typical ₹ 138.3 Cr. (1st = largest).2nd of 16

Exchange filings and their impact on the company.

• 26 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice +1.6% that day
  Festive shift masks 9% underlying growth as Vishal targets double-digit sales and 100-plus stores with steady margins.

  Vishal Mega Mart's Q2 FY27 earnings call reported revenue of Rs 3,399 crore, up 14%, with same-store growth of 5.4% (about 9% after adjusting for festivals shifting to October) and H1 revenue of Rs 7,126 crore, up 16.4%. Operating EBITDA was Rs 262 crore in Q2 and Rs 649 crore in H1, with margins slightly lower on festive-shift deleverage, while the store count rose to 844 after 53 additions in H1. Management said festive demand has started strongly, guided to double-digit same-store growth, 100-plus new stores every year and about 30 bps annual EBITDA margin improvement from operating leverage.

  Full analysisFiling
• 21 Oct 2026Outcome of Board MeetingMedium impactPositivePrice −4.7% that day
  Board approved Q2 and H1 FY27 results; trend implies continued high-teens growth.

  Vishal Mega Mart's board on October 21, 2026 approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, reviewed by Walker Chandiok & Co LLP. The detailed profit and sales tables were not extractable from the filing. Based on prior trend of around 18-19% sales growth, the business appears to be continuing its high-teens growth run-rate.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Gunender Kapur

Chief Executive Officer, Managing Director, Executive Director

Amit Gupta

Chief Financial Officer

Rahul Luthra

Company Secretary, Compliance Officer