V-Mart Retail Ltd

V-Mart Retail Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

V-Mart Retail Ltd

₹ 3,836 -1.64%
13 Dec - close price
vmart.co.in BSE: 534976 NSE: VMART
About

V-Mart Retail is engaged in the business of Value Retailing through the chain of stores situated at various cities in India.

Key Points

Leading Value Retail Chain Operator [1] VMRL is mainly involved in value retailing of apparel with a minor presence in non-apparel (footwear, accessories, toys/ games, home textile, furnishing, décor, and appliances, etc.) and Kirana bazaar. It is one of the largest value retail chains in India in terms of store count and retail area, operating 400+ stores with a total retail area of ~33 lakh sq. ft. as of September 2022. Most VMRL stores are located in tier-II, III, and IV Indian cities.

Website BSE NSE
  • Market Cap ₹ 7,595 Cr.
  • Current Price ₹ 3,836
  • High / Low ₹ 4,520 / 1,813
  • Stock P/E
  • Book Value ₹ 358
  • Dividend Yield 0.00 %
  • ROCE 0.54 %
  • ROE -12.1 %
  • Face Value ₹ 10.0
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Pros

  • Company's working capital requirements have reduced from 66.8 days to 40.4 days

Cons

  • Stock is trading at 10.7 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -3.81% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Retail Industry: Trading

Part of BSE Allcap BSE Consumer Discretionary Nifty Total Market BSE SmallCap Nifty Microcap 250

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
338 692 459 588 506 777 594 679 549 889 669 786 661
317 557 408 499 453 673 571 626 549 769 628 687 622
Operating Profit 21 135 50 89 54 104 23 52 1 120 40 99 39
OPM % 6% 20% 11% 15% 11% 13% 4% 8% 0% 13% 6% 13% 6%
4 3 3 4 3 1 8 2 2 13 4 5 2
Interest 17 21 24 25 28 31 34 33 36 38 36 37 39
Depreciation 27 40 38 40 44 47 48 50 53 58 61 57 59
Profit before tax -19 76 -8 28 -16 26 -52 -29 -86 37 -52 9 -58
Tax % -27% 25% -67% 27% -28% 24% -28% -24% -26% 23% -25% -30% -3%
-14 57 -3 20 -11 20 -37 -22 -64 28 -39 12 -57
EPS in Rs -7.17 28.93 -1.32 10.35 -5.72 10.10 -18.69 -11.10 -32.42 14.27 -19.68 6.14 -28.56
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
383 575 720 809 1,002 1,222 1,434 1,662 1,075 1,666 2,465 2,786 3,005
344 523 657 747 917 1,090 1,301 1,448 944 1,462 2,196 2,573 2,707
Operating Profit 39 52 64 62 85 133 133 214 131 204 269 213 298
OPM % 10% 9% 9% 8% 8% 11% 9% 13% 12% 12% 11% 8% 10%
1 1 0 2 4 4 -4 4 21 14 15 21 24
Interest 6 4 4 3 4 2 2 55 59 77 117 142 150
Depreciation 8 11 5 19 19 23 28 94 103 131 180 222 235
Profit before tax 27 38 55 42 67 112 100 70 -10 10 -13 -130 -64
Tax % 32% 33% 32% 35% 34% 31% 38% 29% -36% -12% -40% -26%
18 25 37 28 44 78 62 49 -6 12 -8 -97 -55
EPS in Rs 10.02 14.01 20.74 15.29 24.30 42.93 33.99 27.18 -3.15 5.89 -3.97 -48.93 -27.83
Dividend Payout % 10% 7% 7% 8% 5% 5% 5% 0% 0% 13% 0% 0%
Compounded Sales Growth
10 Years: 17%
5 Years: 14%
3 Years: 37%
TTM: 16%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 47%
Stock Price CAGR
10 Years: 22%
5 Years: 18%
3 Years: 2%
1 Year: 109%
Return on Equity
10 Years: 4%
5 Years: -2%
3 Years: -4%
Last Year: -12%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 18 18 18 18 18 18 18 18 20 20 20 20 20
Reserves 130 152 187 213 252 329 391 441 806 830 829 727 688
35 44 31 27 36 1 0 517 568 902 1,332 1,391 1,608
47 80 93 126 185 202 222 248 234 348 562 707 791
Total Liabilities 230 294 329 383 491 550 632 1,224 1,627 2,099 2,743 2,845 3,106
47 70 98 110 117 145 165 667 697 1,111 1,445 1,661 1,821
CWIP 1 1 1 2 1 4 4 2 2 6 109 4 11
Investments 41 34 22 32 72 34 61 8 319 125 9 5 5
140 188 208 238 300 368 402 546 609 857 1,179 1,176 1,269
Total Assets 230 294 329 383 491 550 632 1,224 1,627 2,099 2,743 2,845 3,106

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
10 11 40 46 69 58 76 86 149 -11 177 386
-62 -27 -19 -37 -73 -8 -73 1 -419 124 -159 -118
67 2 -20 -10 5 -38 -4 -94 287 -104 -33 -259
Net Cash Flow 14 -14 1 -1 1 11 -1 -8 17 8 -15 9

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0 0 0 0 0 0 0 0 0
Inventory Days 155 154 132 131 140 135 124 155 216 224 199 163
Days Payable 52 60 54 61 83 73 56 64 97 97 112 127
Cash Conversion Cycle 103 95 78 70 57 62 68 91 119 126 87 36
Working Capital Days 66 60 51 44 34 38 36 58 106 89 71 40
ROCE % 23% 21% 26% 18% 25% 35% 29% 18% 4% 5% 5% 1%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
46.40% 46.20% 46.14% 46.10% 45.78% 44.34% 44.34% 44.34% 44.34% 44.34% 44.34% 44.32%
21.14% 20.23% 18.19% 11.51% 11.18% 14.17% 14.82% 14.28% 14.32% 15.32% 15.46% 16.02%
22.03% 23.23% 25.56% 31.51% 32.67% 31.82% 30.97% 32.64% 34.00% 33.99% 32.62% 32.79%
10.43% 10.33% 10.10% 10.87% 10.36% 9.67% 9.86% 8.75% 7.35% 6.37% 7.59% 6.89%
No. of Shareholders 24,09924,22524,14126,15625,61124,76326,02225,60325,26822,47118,02320,674

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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