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 ₹ 56,558 Cr.
- Current Price ₹ 122
- High / Low ₹ 133 / 96.0
- Stock P/E 89.5
- Book Value ₹ 13.9
- Dividend Yield 0.00 %
- ROCE 13.1 %
- ROE 10.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 72.9% CAGR over last 5 years
Cons
- Stock is trading at 8.73 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.53% 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 Nifty 500 BSE MidCap Nifty Midcap 100 BSE IPO Nifty 200
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 5,292 | 4,452 | 5,589 | 7,586 | 8,912 | 10,716 | |
| 4,635 | 3,826 | 4,763 | 6,542 | 7,635 | 9,186 | |
| Operating Profit | 657 | 626 | 826 | 1,044 | 1,276 | 1,530 |
| OPM % | 12% | 14% | 15% | 14% | 14% | 14% |
| 20 | 115 | 62 | 33 | 32 | 59 | |
| Interest | 236 | 232 | 213 | 185 | 170 | 149 |
| Depreciation | 340 | 395 | 406 | 461 | 517 | 590 |
| Profit before tax | 101 | 114 | 270 | 431 | 621 | 849 |
| Tax % | 55% | 28% | 25% | 25% | 26% | 26% |
| 45 | 82 | 203 | 321 | 462 | 632 | |
| EPS in Rs | 0.10 | 0.18 | 0.45 | 0.71 | 1.02 | 1.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 24% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 73% |
| 3 Years: | 47% |
| TTM: | 39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 9% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 4,366 | 4,484 | 4,503 | 4,507 | 4,509 | 4,597 |
| Reserves | -143 | 18 | 322 | 650 | 1,113 | 1,804 |
| 793 | 770 | 1,790 | 1,462 | 1,483 | 1,729 | |
| 2,377 | 2,563 | 1,603 | 1,671 | 1,401 | 1,862 | |
| Total Liabilities | 7,392 | 7,835 | 8,218 | 8,289 | 8,506 | 9,993 |
| 5,736 | 5,723 | 5,802 | 5,893 | 6,183 | 6,535 | |
| CWIP | 20 | 11 | 11 | 69 | 38 | 14 |
| Investments | 87 | 547 | 417 | 35 | 0 | 387 |
| 1,549 | 1,555 | 1,988 | 2,293 | 2,284 | 3,057 | |
| Total Assets | 7,392 | 7,835 | 8,218 | 8,289 | 8,506 | 9,993 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 557 | 1,054 | 657 | 636 | 830 | 1,399 | |
| -149 | -695 | 27 | 177 | -130 | -610 | |
| -429 | -276 | -710 | -865 | -658 | -479 | |
| Net Cash Flow | -22 | 84 | -26 | -52 | 41 | 310 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 1 | 2 |
| Inventory Days | 106 | 110 | 111 | 98 | 83 | 88 |
| Days Payable | 102 | 144 | 133 | 99 | 69 | 70 |
| Cash Conversion Cycle | 4 | -34 | -22 | -0 | 15 | 20 |
| Working Capital Days | -17 | -50 | -7 | 7 | 20 | 28 |
| ROCE % | 7% | 8% | 9% | 11% | 13% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9h
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Annual Secretarial Compliance Report confirms full regulatory compliance for FY ended March 31, 2025.
-
Key Performance Indicators (KPI) Under The SEBI (Issue Of Capital And Disclosure Requirements) Regulations, 2018
14 May - Vishal Mega Mart FY25 KPIs: ₹107,163m revenue, ₹6,320m profit, 696 stores, 20.25% revenue growth.
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
9 May - Of allotment of 2,71,35,264 Equity Shares pursuant to exercise of stock options
-
Revised Transcript Of Earnings Conference Call On Results Of The Company For The Quarter And Year Ended March 31, 2025
7 May - Revised transcript correcting minor errors in Vishal Mega Mart Q4 and FY 2025 earnings call.
Concalls
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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). It operates 645 stores across 414 cities in India, complemented by an e-commerce platform (website and mobile app). The company utilizes a hub-and-spoke distribution model for efficient operations.