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V-Mart Retail share price & results

V-Mart Retail Limited· Consumer Services· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's value-fashion retailer running V-Mart and Unlimited stores, plus the LimeRoad online marketplace.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,089 ₹ crore+23.1% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin15.0 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit47.0 ₹ crore+38.2% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity15.68 %+11.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin8.89 %+2.0 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)19.09 %−0.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

5 of 8 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

V-Mart Retail Limited management guidance track record on Inve: 18 targets tracked across analysed earnings calls (5 achieved, 3 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
Net New Storesaround 65 net new stores for FY26
Call transcript, Q1 FY26 · 25 Jul 2025		Q1 FY26Q1 FY27:Promise concluded in prior fiscal year.
Call transcript, Q1 FY27 · 27 Jul 2026		Achieved
Working Capital Utilizationaverage around INR90 crores to INR100 crores for the entire year
Call transcript, Q1 FY26 · 25 Jul 2025		Q1 FY26Q1 FY27:Promise concluded in prior fiscal year.
Call transcript, Q1 FY27 · 27 Jul 2026		Ghosted
Unlimited Sales per Sq Ftbring it in line with V-Mart numbers in the next 2 to 3 years
Call transcript, Q3 FY26 · 23 Jan 2026		Q3 FY26Q1 FY27:Progress continues. Unlimited format's sales per square feet grew 18% YoY to INR 710 in Q1 FY27, indicating strong momentum towards parity with V-Mart.
Call transcript, Q1 FY27 · 27 Jul 2026		On Track

Source: Inve Guidance Tracker for V-Mart Retail Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of V-Mart Retail Limited's 18 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 15 more targets are in the full ledger.

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Price

₹775 −0.28% · −₹2.2

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −10.0% 1Y

₹500₹600₹700₹800Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q3 FY26 — 23 Jan 2026Q4 FY26 — 8 May 2026Q1 FY27 — 27 Jul 2026

1Y: ₹861.5 on 24 Oct 2025 → ₹775. High ₹862.15 (25 Aug 2026), low ₹477.2 (30 Mar 2026).

Previous close
₹777.2
Market cap
₹6.2k Cr
52-week range
₹477.2 – ₹862.15
One year
−7.81%
Price to earnings (TTM to Jun 2026)
44.67×
Return on equity (TTM to Jun 2026)
15.68%

Overview

Symbol
NSE:VMART
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What V-Mart Retail Limited does

Based on the company's own presentations, annual report and earnings calls.

V-Mart Retail operates a chain of value-fashion department stores under the V-Mart banner (largely Tier II-IV towns) and the Unlimited banner (a South India-focused format), selling apparel, non-apparel (footwear, beauty/fashion accessories, bags, home needs) and general merchandise/FMCG through a mix of national and private-label brands. It also owns LimeRoad, an online fashion marketplace connecting third-party sellers to online shoppers. Merchandise is sourced directly from vendors and the company's own private labels, stocked through company-owned warehouses, and sold via a nationwide store network supplemented by e-commerce and omnichannel order fulfilment.

Segments

  • Apparel
  • Non-Apparel
  • General Merchandise
Total stores
577 (478 V-Mart + 99 Unlimited), as of March 2026
Total retail space
~5.0 million sq. ft., as of March 2026
Total employees
~14,000, as of FY26
Geographic footprint
27 states/UTs across 309 cities (FY25)
Active customer base
~1.63 crore (16.3 million), FY25
Pin codes served
~26,000, FY25
Founded 2002Employees 14,000 (FY26 (year ended March 2) Company website

How the price took the results

close before → close after

Q1 FY27
−1.3%
27 Jul
Q4 FY26
+1.8%
8 May
Q3 FY26
−0.7%
23 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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