| Revenue growth | FY26 revenue grew 3.5% to ₹1,436 Cr; Q4 up 8.7% YoY. |
|---|---|
| Margins | Industry-leading 65% gross margins; EBITDA stable at 44-45%. |
| Demand visibility | Positive consumer sentiment noted in March; June expected to be strong. |
| Management confidence | Balanced; optimistic on AI and efficiency but cautious on real estate. |
Growth
Retail sales grew 7.8% in Q4; full-year revenue up 3.5% with steady 44-45% EBITDA margins.
Outlook
Focusing on SSSG over new store counts; targeting 3-3.5% ASP growth per category annually.
Risks
High real estate rentals hinder store openings; GST rate changes continue impacting reported net revenue.
Last quarter's promises, checked
Delivered
- Retail sales crossed ₹2,000 Cr mark → delivered ₹2,008 Cr (= BEAT)
- Maintain industry-leading 65% gross margin → delivered 65.7% (= BEAT)
- Maintain 50% profit dividend payout → delivered 50% (= BEAT)
Partly delivered
- Twamev expansion → 8 EBOs active, 30 target delayed by 18-20 month build-to-suit lag (= PARTIAL)
Missed
- Net store area addition → delivered 4,200 sq. ft. net vs 1 lakh gross (= MISS)
Earnings Call Transcript filed with BSE, NSE: MANYAVAR. Summary written with AI assistance from the document.
Vedant Fashions Ltd: key numbers
- Share price
- ₹496.45
- Market cap
- ₹12,063 Cr
- Revenue (annual)
- ₹1,435 Cr
- Net profit (annual)
- ₹375.5 Cr
- P/E (TTM)
- 31.2×Sector 66.2×
- Promoter holding
- 74.94%+0.00% QoQ
- FII holding
- 7.35%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vedant Fashions Ltd
All →Vedant Fashions Investor Presentation: Key Takeaways
Q2 FY27 revenue +2.4% to ₹2,694mn, PAT flat at ₹562mn, EBITDA margin 39.9%; H1 PAT +8.3%. Q2 hit by Navratri shift; SSSG -5.8%.
Vedant Fashions Employee Stock Options
Vedant Fashions reissued forfeited shares through 9,887 equity options granted under its ESOP scheme. The stated issue amount is Rs. 0.50 crore, and paid-up capital is unchanged at Rs. 24.30 crore.
Vedant Fashions Management Change
Vedant Fashions redesignates Aman Kumar Gupta as Chief Business Officer from 6 November 2026. The board also granted 9,887 stock options under its ESOP scheme.
Vedant Fashions Q2 FY27 Results: Net Profit ₹56.2 Cr, Up 0.2% YoY
Vedant Fashions approved unaudited financial results for the quarter and half-year ended 30 September 2026. Half-year revenue from operations was INR 5,707.33 million.
- Key figure
- Net profit ₹56.2 Cr · +0.2% YoY
Vedant Fashions Board Meeting Date
Vedant Fashions will hold a board meeting on 5 November 2026 to consider unaudited results for the quarter and half-year ended September 2026. The meeting is a prior intimation, so no results are approved yet.
Vedant Fashions Other Announcement
The company filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.