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 ₹ 56,009 Cr.
- Current Price ₹ 120
- High / Low ₹ 158 / 98.7
- Stock P/E 85.4
- Book Value ₹ 15.0
- Dividend Yield 0.00 %
- ROCE 13.2 %
- ROE 9.92 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 75.9% CAGR over last 5 years
Cons
- Stock is trading at 7.96 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%
- Company has a low return on equity of 7.89% over last 3 years.
- Working capital days have increased from 82.0 days to 124 days
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 4,069 | 3,025 | 4,199 | 5,619 | 6,239 | 5,947 | 6,631 | |
| 3,656 | 2,765 | 3,774 | 5,154 | 5,677 | 5,187 | 5,640 | |
| Operating Profit | 413 | 260 | 425 | 466 | 561 | 760 | 991 |
| OPM % | 10% | 9% | 10% | 8% | 9% | 13% | 15% |
| 13 | 16 | 19 | 20 | 21 | 44 | 71 | |
| Interest | 114 | 106 | 71 | 31 | 16 | 12 | 12 |
| Depreciation | 104 | 111 | 117 | 126 | 142 | 160 | 173 |
| Profit before tax | 208 | 59 | 257 | 329 | 425 | 632 | 878 |
| Tax % | 39% | 35% | 25% | 25% | 25% | 25% | 25% |
| 126 | 39 | 191 | 247 | 318 | 473 | 656 | |
| EPS in Rs | 0.29 | 0.09 | 0.42 | 0.55 | 0.70 | 1.03 | 1.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 6% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 76% |
| 3 Years: | 39% |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4,366 | 4,484 | 4,503 | 4,507 | 4,509 | 4,597 | 4,673 |
| Reserves | 167 | 284 | 491 | 745 | 1,066 | 1,599 | 2,354 |
| 793 | 770 | 448 | 93 | 136 | 133 | 133 | |
| 1,396 | 1,513 | 1,611 | 1,727 | 1,411 | 1,465 | 1,487 | |
| Total Liabilities | 6,721 | 7,052 | 7,054 | 7,072 | 7,122 | 7,795 | 8,648 |
| 4,657 | 4,619 | 4,585 | 4,561 | 4,721 | 4,707 | 4,680 | |
| CWIP | 16 | 7 | 9 | 67 | 36 | 9 | 23 |
| Investments | 87 | 621 | 492 | 110 | 75 | 462 | 1,194 |
| 1,960 | 1,804 | 1,968 | 2,334 | 2,289 | 2,617 | 2,750 | |
| Total Assets | 6,721 | 7,052 | 7,054 | 7,072 | 7,122 | 7,795 | 8,648 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 243 | 665 | 233 | 110 | 142 | 494 | 754 | |
| -78 | -659 | 97 | 255 | -35 | -473 | -823 | |
| -160 | 57 | -370 | -387 | -106 | 75 | 109 | |
| Net Cash Flow | 5 | 63 | -40 | -23 | 1 | 95 | 39 |
| Free Cash Flow | 146 | 608 | 144 | -36 | -9 | 369 | 597 |
| CFO/OP | 71% | 260% | 67% | 45% | 46% | 88% | 101% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 146 | 161 | 133 | 118 | 105 | 134 | 118 |
| Inventory Days | 17 | 27 | 22 | 21 | 24 | 18 | 24 |
| Days Payable | 108 | 164 | 133 | 103 | 73 | 73 | 72 |
| Cash Conversion Cycle | 55 | 24 | 21 | 36 | 56 | 79 | 70 |
| Working Capital Days | 54 | 36 | 23 | 37 | 56 | 67 | 124 |
| ROCE % | 3% | 6% | 7% | 8% | 10% | 13% |
Insights
In beta| Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Number of Stores Number |
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| Registered Loyalty Customers Millions |
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| Adjusted Same Store Sales Growth (SSSG) % |
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| Contribution from Apparel Category % |
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| Own Brand Revenue Share % |
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| Retail Space / Trading Area Million Sq. Ft. |
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Extracted by Screener AI
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
1d - Subsidiary Airplaza Retail fined Rs 1 lakh by Rajnandgaon ADM over expired product issue.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
9 Jun - Vishal Mega Mart to attend Kotak Securities Corporate Day in London on June 15-16, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
9 Jun - Anurag Krishna appointed Vice President & Head – Internal Audit from June 9, 2026.
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Intimation Of Grant Of 1,00,000 Stock Options Under Vishal Mega Mart Employees Stock Options Plan 2019
8 Jun - Vishal Mega Mart granted 1,00,000 stock options at Rs. 118 each on June 8, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
5 Jun - Vishal Mehrotra resigned as Chief B&M Officer-FMCG; relief effective June 05, 2026, Vineet Saxena to lead FMCG.
Concalls
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May 2026Transcript PPT REC
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Jan 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025TranscriptPPT
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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).