Vishal Mega Mart Ltd
Incorporated In 2001, Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials.[1]
- Market Cap ₹ 58,957 Cr.
- Current Price ₹ 126
- High / Low ₹ 158 / 98.7
- Stock P/E 98.8
- Book Value ₹ 14.2
- Dividend Yield 0.00 %
- ROCE 10.1 %
- ROE 7.62 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 30.1% CAGR over last 5 years
Cons
- Stock is trading at 8.87 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -14.0%
- The company has delivered a poor sales growth of 7.88% over past five years.
- Company has a low return on equity of 6.11% 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
Consumer Discretionary Consumer Services Retailing Diversified Retail
Part of BSE 500 BSE 200 BSE Dollex 200 Nifty 500 Nifty Midcap 100
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 4,069 | 3,025 | 4,199 | 5,619 | 6,239 | 5,947 | 6,455 | |
| 3,656 | 2,765 | 3,774 | 5,154 | 5,677 | 5,187 | 5,538 | |
| Operating Profit | 413 | 260 | 425 | 466 | 561 | 760 | 916 |
| OPM % | 10% | 9% | 10% | 8% | 9% | 13% | 14% |
| 13 | 16 | 19 | 20 | 21 | 44 | 64 | |
| Interest | 114 | 106 | 71 | 31 | 16 | 12 | 12 |
| Depreciation | 104 | 111 | 117 | 126 | 142 | 160 | 170 |
| Profit before tax | 208 | 59 | 257 | 329 | 425 | 632 | 798 |
| Tax % | 39% | 35% | 25% | 25% | 25% | 25% | |
| 126 | 39 | 191 | 247 | 318 | 473 | 597 | |
| EPS in Rs | 0.29 | 0.09 | 0.42 | 0.55 | 0.70 | 1.03 | 1.28 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 12% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 32% |
| TTM: | 39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 6% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4,366 | 4,484 | 4,503 | 4,507 | 4,509 | 4,597 | 4,671 |
| Reserves | 167 | 284 | 491 | 745 | 1,066 | 1,599 | 1,973 |
| 793 | 770 | 448 | 93 | 136 | 133 | 131 | |
| 1,396 | 1,513 | 1,611 | 1,727 | 1,411 | 1,465 | 1,561 | |
| Total Liabilities | 6,721 | 7,052 | 7,054 | 7,072 | 7,122 | 7,795 | 8,336 |
| 4,657 | 4,619 | 4,585 | 4,561 | 4,721 | 4,707 | 4,692 | |
| CWIP | 16 | 7 | 9 | 67 | 36 | 9 | 10 |
| Investments | 87 | 621 | 492 | 110 | 75 | 462 | 1,039 |
| 1,960 | 1,804 | 1,968 | 2,334 | 2,289 | 2,617 | 2,594 | |
| Total Assets | 6,721 | 7,052 | 7,054 | 7,072 | 7,122 | 7,795 | 8,336 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 243 | 665 | 233 | 110 | 142 | 494 | |
| -78 | -659 | 97 | 255 | -35 | -473 | |
| -160 | 57 | -370 | -387 | -106 | 75 | |
| Net Cash Flow | 5 | 63 | -40 | -23 | 1 | 95 |
| Free Cash Flow | 146 | 608 | 144 | -36 | -9 | 369 |
| CFO/OP | 71% | 260% | 67% | 45% | 46% | 88% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 146 | 161 | 133 | 118 | 105 | 134 |
| Inventory Days | 17 | 27 | 22 | 21 | 24 | 18 |
| Days Payable | 108 | 164 | 133 | 103 | 73 | 73 |
| Cash Conversion Cycle | 55 | 24 | 21 | 36 | 56 | 79 |
| Working Capital Days | 54 | 36 | 23 | 37 | 56 | 67 |
| ROCE % | 3% | 6% | 7% | 8% | 10% |
Insights
In beta| Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Number of Stores Number |
|
||||||
| Registered Loyalty Customers Millions |
|||||||
| Adjusted Same Store Sales Growth (SSSG) % |
|||||||
| Contribution from Apparel Category % |
|||||||
| Own Brand Revenue Share % |
|||||||
| Retail Space / Trading Area Million Sq. Ft. |
|||||||
Extracted by Screener AI
Documents
Announcements
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
20 Apr - Airplaza Retail Holdings received Rs 4 lakh food safety penalty on April 20, 2026.
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
16 Apr - Subsidiary received labour court order on April 15, 2026, for Rs. 13,83,888 recovery.
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
14 Apr - Court decreed ₹72.12 lakh against Airplaza Retail Holdings on rent dispute; appealable.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no demat/remat requests received.
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
3 Apr - Of exercise of 1,10,000 stock options and consequent allotment of 1,10,000 Equity Shares under Vishal Mega Mart Employees Stock Options Plan 2019
Concalls
-
Jan 2026Transcript PPT REC
-
Nov 2025Transcript PPT REC
-
Aug 2025Transcript PPT REC
-
May 2025TranscriptPPT
-
May 2025Transcript PPT REC
Business Profile[1]
Vishal Mega Mart Limited (formerly Rishanth Wholesale Trading Pvt Ltd) is a diversified retail company catering to middle and lower-middle-income groups in India. It offers products under three categories: apparel, general merchandise, and fast-moving consumer goods (FMCG).