| Management target | Revenue FY27 |
|---|
| Revenue growth | 23% YoY revenue growth; organic SSSG at 9%. |
|---|---|
| Margins | Gross margin declined 80 bps due to inventory provisioning and mix. |
| Demand visibility | Positive trends in smaller towns; youth-led fashion consumption increasing. |
| Management confidence | Balanced; optimistic on long-term but cautious on near-term inflation. |
Growth
Revenue grew 23% YoY; same-store sales growth (SSSG) at 9%, marking 11 consecutive quarters of growth.
Outlook
Guidance of 90+ new store openings for FY27; targeting mid-to-high single-digit SSSG.
Risks
EBITDA margin contraction, potential 10% raw material cost spike, and minimum wage hikes in key states.
Last quarter's promises, checked
Delivered
- Guided 13-15% area addition → delivered 24% sales growth (= BEAT)
- Guided sustained SSSG → delivered 12% LTL growth (= BEAT)
- Guided positive cash flows → delivered INR 33 Cr YTD (= BEAT)
Partly delivered
- Guided INR 170-180 Cr Capex → delivered INR 159 Cr YTD (= PARTIAL)
Missed
- Guided pre-COVID PAT levels (~4%) → delivered 3.3% PAT (= MISS)
Earnings Call Transcript filed with BSE, NSE: VMART. Summary written with AI assistance from the document.
V-Mart Retail Ltd: key numbers
- Share price
- ₹776.90
- Market cap
- ₹6,183 Cr
- Revenue (annual)
- ₹3,789 Cr
- Net profit (annual)
- ₹124.0 Cr
- P/E (TTM)
- 47.5×Sector 66.2×
- Promoter holding
- 44.14%-0.01% QoQ
- FII holding
- 16.41%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from V-Mart Retail Ltd
All →V-Mart Retail Earnings Call Transcript: Key Takeaways
Revenue grew 18% (SSG 3%, adjusted like-for-like 11%) helped by festival shift; pre-Ind AS EBITDA rose 32% at a flat 0.6% margin. Management declined to give October same-store sales.
V-Mart Retail Employee Stock Options
V-Mart Retail granted 1,50,843 performance-linked ESOP options at Rs. 369 and allotted 9,179 shares on option exercise. Total equity rises to 7,95,84,569 shares.
V-Mart Retail Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹9,530 Mn (+18%), EBITDA ₹861 Mn (9.0% margin), PAT loss ₹163 Mn. YTD revenue ₹20,418 Mn (+21%), PAT ₹309 Mn. Store rollout continues to 613 stores.
V-Mart Retail Results Update
V-Mart Retail reported Q2 FY27 revenue of ₹953 crore, up 18%, and EBITDA of ₹86 crore, up 20%. Strong demand drove growth; festive timing shifted into Q3.
V-Mart Retail Management Change
V-Mart Retail appointed Mr. Varin Agarwal as Senior Management Personnel and Head of Merchandising effective November 3, 2026. The filing is a Regulation 30 intimation of a senior management change.
V-Mart Retail Q2 FY27 Results: Net Loss of ₹16.3 Cr, Loss Widens
V-Mart Retail Ltd reported revenue from operations of ₹953 Cr (+18.1% YoY) and a net loss of ₹16.3 Cr for Q2 FY27.
- Key figure
- Net loss ₹16.3 Cr