Annuncio • Jun 10
V-Mart Retail Limited Announces Executive Changes V-Mart Retail Limited announced that Mr. Vineet Jain, Chief Operating Officer and Senior Management Personnel, tender his resignation from his position to pursue a new opportunity, with effect from the close of business hours on July 15, 2026. Mr. Anand Agarwal, Chief Financial Officer of the Company (who is already designated as Senior Management Person/Key Managerial Person), shall be designated as the new Chief Operating Officer of the Company in addition to his existing responsibilities in accordance with the succession planning framework of the Company. The reason for resignation was to pursue a new opportunity as provided in the resignation letter. Annuncio • Apr 29
V-Mart Retail Limited to Report Q4, 2026 Results on May 07, 2026 V-Mart Retail Limited announced that they will report Q4, 2026 results on May 07, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹614, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the Multiline Retail industry in Asia. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹675 per share. Price Target Changed • Jan 24
Price target decreased by 8.3% to ₹916 Down from ₹999, the current price target is an average from 14 analysts. New target price is 60% above last closing price of ₹573. Stock is down 23% over the past year. The company is forecast to post earnings per share of ₹13.56 for next year compared to ₹5.78 last year. Reported Earnings • Jan 23
Third quarter 2026 earnings released: EPS: ₹11.08 (vs ₹9.05 in 3Q 2025) Third quarter 2026 results: EPS: ₹11.08 (up from ₹9.05 in 3Q 2025). Revenue: ₹11.3b (up 9.7% from 3Q 2025). Net income: ₹879.9m (up 23% from 3Q 2025). Profit margin: 7.8% (up from 7.0% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹624, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 17x in the Multiline Retail industry in Asia. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹594 per share. Annuncio • Jan 09
V-Mart Retail Limited to Report Q3, 2026 Results on Jan 22, 2026 V-Mart Retail Limited announced that they will report Q3, 2026 results on Jan 22, 2026 Buy Or Sell Opportunity • Dec 12
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.1% to ₹761. The fair value is estimated to be ₹632, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Reported Earnings • Nov 11
Second quarter 2026 earnings released: ₹1.12 loss per share (vs ₹7.14 loss in 2Q 2025) Second quarter 2026 results: ₹1.12 loss per share (improved from ₹7.14 loss in 2Q 2025). Revenue: ₹8.10b (up 23% from 2Q 2025). Net loss: ₹88.7m (loss narrowed 84% from 2Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 31
V-Mart Retail Limited to Report Q2, 2026 Results on Nov 10, 2025 V-Mart Retail Limited announced that they will report Q2, 2026 results on Nov 10, 2025 New Risk • Jul 25
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risk Large one-off items impacting financial results. Buy Or Sell Opportunity • Jul 23
Now 20% overvalued Over the last 90 days, the stock has fallen 8.3% to ₹764. The fair value is estimated to be ₹635, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. Annuncio • Jul 14
V-Mart Retail Limited to Report Q1, 2026 Results on Jul 24, 2025 V-Mart Retail Limited announced that they will report Q1, 2026 results on Jul 24, 2025 Reported Earnings • Jul 08
Full year 2025 earnings released: EPS: ₹23.13 (vs ₹48.93 loss in FY 2024) Full year 2025 results: EPS: ₹23.13 (up from ₹48.93 loss in FY 2024). Revenue: ₹32.5b (up 17% from FY 2024). Net income: ₹457.7m (up ₹1.43b from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. New Risk • Jul 04
New major risk - Revenue and earnings growth Earnings have declined by 36% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Annuncio • Jun 27
V-Mart Retail Limited, Annual General Meeting, Jul 29, 2025 V-Mart Retail Limited, Annual General Meeting, Jul 29, 2025, at 11:00 Indian Standard Time. Reported Earnings • May 03
Full year 2025 earnings released: EPS: ₹23.12 (vs ₹48.93 loss in FY 2024) Full year 2025 results: EPS: ₹23.12 (up from ₹48.93 loss in FY 2024). Revenue: ₹32.7b (up 17% from FY 2024). Net income: ₹457.7m (up ₹1.43b from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Annuncio • Apr 23
V-Mart Retail Limited to Report Q4, 2025 Results on May 02, 2025 V-Mart Retail Limited announced that they will report Q4, 2025 results on May 02, 2025 Buy Or Sell Opportunity • Apr 02
Now 23% overvalued Over the last 90 days, the stock has fallen 15% to ₹3,274. The fair value is estimated to be ₹2,655, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 05
Third quarter 2025 earnings released: EPS: ₹36.18 (vs ₹14.28 in 3Q 2024) Third quarter 2025 results: EPS: ₹36.18 (up from ₹14.28 in 3Q 2024). Revenue: ₹10.3b (up 16% from 3Q 2024). Net income: ₹716.3m (up 154% from 3Q 2024). Profit margin: 7.0% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Annuncio • Jan 24
V-Mart Retail Limited to Report Q3, 2025 Results on Feb 04, 2025 V-Mart Retail Limited announced that they will report Q3, 2025 results on Feb 04, 2025 Annuncio • Jan 21
V-Mart Retail Limited Announces Board Cessations Mr. Murli Ramachandran (DIN: 00264018) and Ms. Ms. Sonal Mattoo (DIN: 00106795) was initially appointed on the Board of V-Mart Retail Limited on 22nd January, 2015 and subsequently re-appointed, their term as an Independent Director will end on 21st January, 2025. Consequently, Mr. Murli Ramachandran and Ms. Sonal Mattoo have ceased to be an Independent Director of the Company with effect from the closure of business hours on 21st January, 2025. Reason for change: Completion of tenure of Mr. Murli Ramachandran (DIN: 00264018) and Ms. Ms. Sonal Mattoo (DIN: 00106795) as the Independent Directors of the Company, with effect from the closure of business hours on 21st January, 2025. Annuncio • Jan 08
V-Mart Retail Limited Receives Order from Labour Court, Shahjahanpur, Uttar Pradesh Under Minimum Wages Act, 1948 & Industrial Dispute Act, 1947 V-Mart Retail Limited Receives Order from Labour Court, Shahjahanpur, Uttar Pradesh under Minimum Wages Act, 1948 & Industrial Dispute Act, 1947. On January 7, 2025, the company received an order passed by labour court for penalty of INR 31,35,865/-. Details of the violation- Complaint by ex-employee of the Company with the Labour Court, Shahjahanpur. The Company will file an appeal against the impugned order on the legal as well as merit grounds. There is no material impact on the Company's financials or operations due to the said order. Buy Or Sell Opportunity • Nov 22
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 5.9% to ₹3,847. The fair value is estimated to be ₹3,089, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Nov 03
Price target increased by 12% to ₹4,118 Up from ₹3,677, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of ₹4,186. Stock is up 145% over the past year. The company is forecast to post a net loss per share of ₹1.57 next year compared to a net loss per share of ₹48.93 last year. Reported Earnings • Oct 30
Second quarter 2025 earnings released: ₹28.57 loss per share (vs ₹32.43 loss in 2Q 2024) Second quarter 2025 results: ₹28.57 loss per share (improved from ₹32.43 loss in 2Q 2024). Revenue: ₹6.63b (up 21% from 2Q 2024). Net loss: ₹565.1m (loss narrowed 12% from 2Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Annuncio • Oct 21
V-Mart Retail Limited to Report Q2, 2025 Results on Oct 29, 2024 V-Mart Retail Limited announced that they will report Q2, 2025 results on Oct 29, 2024 Annuncio • Sep 23
V-Mart Retail Limited Appoints Aakash Moondhra as Non-Independent Non-Executive Director V-Mart Retail Limited informed that Mr. Aakash Moondhra (DIN: 02654599) has been appointed as a Non-Independent Non-Executive Director for a term of 5 (five) consecutive years from the date of completion of his term as Independent Director i.e. effective from 23rd September, 2024. Aakash's journey epitomizes the trajectory of a transformative leader. As the Independent Chairperson of V-Mart Retail Limited, he has overseen a remarkable expansion, propelling the company from 20 stores to over 450 outlets, accompanied by a tenfold increase in stock price since its listing in 2013. Prior to his current role, Aakash served as the Global CFO of PayU, where he orchestrated exponential growth, achieving over $1 billion in revenue, a tenfold increase in valuation, and processing a staggering $100 billion in transaction volume across 28 countries. His strategic prowess was instrumental in reshaping Prosus Fintech's global strategy, marked by aggressive expansions through acquisitions and investments totaling over $1.5 billion. Before PayU, Aakash played a pivotal role as the CFO of Snapdeal, facilitating its phenomenal growth and securing over $1 billion in funding. Aakash's illustrious career spans esteemed institutions and corporations globally, with academic accolades including All India Ranks in Chartered Accountancy and Company Secretary exams, an MBA from Southern Methodist University, and completion of executive programs from prestigious institutions like University of Michigan Business School, INSEAD, and Harvard Business School. Recognized for his visionary leadership, Aakash has received the CFO Roll of Honor award for consecutive years and has been lauded for his contributions to corporate governance and sustainability. In summary, Aakash's journey is a testament to his strategic foresight, unwavering dedication, and transformative leadership. Price Target Changed • Aug 09
Price target increased by 22% to ₹3,112 Up from ₹2,553, the current price target is an average from 17 analysts. New target price is 15% below last closing price of ₹3,669. Stock is up 57% over the past year. The company is forecast to post a net loss per share of ₹0.069 next year compared to a net loss per share of ₹48.93 last year. Reported Earnings • Aug 06
First quarter 2025 earnings released: EPS: ₹6.14 (vs ₹11.10 loss in 1Q 2024) First quarter 2025 results: EPS: ₹6.14 (up from ₹11.10 loss in 1Q 2024). Revenue: ₹7.86b (up 16% from 1Q 2024). Net income: ₹121.4m (up ₹340.9m from 1Q 2024). Profit margin: 1.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Annuncio • Jul 27
V-Mart Retail Limited to Report Q1, 2025 Results on Aug 05, 2024 V-Mart Retail Limited announced that they will report Q1, 2025 results on Aug 05, 2024 Reported Earnings • Jul 07
Full year 2024 earnings released: ₹48.93 loss per share (vs ₹3.97 loss in FY 2023) Full year 2024 results: ₹48.93 loss per share (further deteriorated from ₹3.97 loss in FY 2023). Revenue: ₹27.9b (up 13% from FY 2023). Net loss: ₹967.6m (loss widened ₹889.1m from FY 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Annuncio • Jul 01
V-Mart Retail Limited, Annual General Meeting, Jul 31, 2024 V-Mart Retail Limited, Annual General Meeting, Jul 31, 2024, at 11:00 Indian Standard Time. Reported Earnings • May 15
Full year 2024 earnings released: ₹48.93 loss per share (vs ₹3.97 loss in FY 2023) Full year 2024 results: ₹48.93 loss per share (further deteriorated from ₹3.97 loss in FY 2023). Revenue: ₹28.1b (up 14% from FY 2023). Net loss: ₹967.6m (loss widened ₹889.1m from FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. New Risk • Feb 08
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 183% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: ₹14.28 (vs ₹10.11 in 3Q 2023) Third quarter 2024 results: EPS: ₹14.28 (up from ₹10.11 in 3Q 2023). Revenue: ₹9.02b (up 16% from 3Q 2023). Net income: ₹282.3m (up 41% from 3Q 2023). Profit margin: 3.1% (up from 2.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Annuncio • Jan 29
V-Mart Retail Limited to Report Q3, 2024 Results on Feb 06, 2024 V-Mart Retail Limited announced that they will report Q3, 2024 results on Feb 06, 2024 Buying Opportunity • Nov 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be ₹2,102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 20% in a year. Earnings is forecast to grow by 90% in the next year. Reported Earnings • Nov 08
Second quarter 2024 earnings released: ₹32.43 loss per share (vs ₹5.73 loss in 2Q 2023) Second quarter 2024 results: ₹32.43 loss per share (further deteriorated from ₹5.73 loss in 2Q 2023). Revenue: ₹5.49b (up 8.5% from 2Q 2023). Net loss: ₹641.2m (loss widened 467% from 2Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Annuncio • Oct 28
V-Mart Retail Limited to Report Q2, 2024 Results on Nov 06, 2023 V-Mart Retail Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Annuncio • Aug 18
V-Mart Retail Limited, Annual General Meeting, Sep 15, 2023 V-Mart Retail Limited, Annual General Meeting, Sep 15, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements of the company for the financial year ended March 31, 2023, along with the reports of the auditors and the board of directors thereon; to appoint a director in place of Mr. Lalit Agarwal, who retires by rotation and being eligible, offers himself for re-appointment; to re-appoint M/s S.R. Batliboi & Co LLP, Chartered Accountants (Firm Registration No.: 301003E/E300005) as the Statutory Auditors of the company to hold office from the conclusion of this 21st Annual General Meeting until the conclusion of 26th Annual General Meeting of the company and to fix their remuneration; and to consider re-appointment of Mr. Govind Shridhar Shrikhande as an Independent Director of the company. Buying Opportunity • Aug 12
Now 20% undervalued Over the last 90 days, the stock is up 9.1%. The fair value is estimated to be ₹2,935, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 10
First quarter 2024 earnings released: ₹11.10 loss per share (vs ₹10.35 profit in 1Q 2023) First quarter 2024 results: ₹11.10 loss per share (down from ₹10.35 profit in 1Q 2023). Revenue: ₹6.80b (up 16% from 1Q 2023). Net loss: ₹219.5m (down 207% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 01
V-Mart Retail Limited to Report Q1, 2024 Results on Aug 09, 2023 V-Mart Retail Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Price Target Changed • May 20
Price target decreased by 9.1% to ₹2,730 Down from ₹3,004, the current price target is an average from 15 analysts. New target price is 34% above last closing price of ₹2,040. Stock is down 34% over the past year. The company posted a net loss per share of ₹3.97 last year. Reported Earnings • May 17
Full year 2023 earnings released: ₹3.97 loss per share (vs ₹5.90 profit in FY 2022) Full year 2023 results: ₹3.97 loss per share (down from ₹5.90 profit in FY 2022). Revenue: ₹24.8b (up 49% from FY 2022). Net loss: ₹78.5m (down 167% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annuncio • May 07
V-Mart Retail Limited to Report Q4, 2023 Results on May 16, 2023 V-Mart Retail Limited announced that they will report Q4, 2023 results on May 16, 2023 Price Target Changed • Feb 08
Price target decreased by 8.5% to ₹3,281 Down from ₹3,588, the current price target is an average from 16 analysts. New target price is 27% above last closing price of ₹2,586. Stock is down 30% over the past year. The company posted earnings per share of ₹5.90 last year. Reported Earnings • Feb 07
Third quarter 2023 earnings released: EPS: ₹10.11 (vs ₹28.85 in 3Q 2022) Third quarter 2023 results: EPS: ₹10.11 (down from ₹28.85 in 3Q 2022). Revenue: ₹7.78b (up 12% from 3Q 2022). Net income: ₹199.7m (down 65% from 3Q 2022). Profit margin: 2.6% (down from 8.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 24
V-Mart Retail Limited to Report Q3, 2023 Results on Feb 06, 2023 V-Mart Retail Limited announced that they will report Q3, 2023 results on Feb 06, 2023 Board Change • Jan 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Non-Executive Independent Director Govind Shrikhande was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 11
V-Mart Retail Limited (BSE:534976) completed the acquisition of LimeRoad Business from A.M. Marketplaces Private Limited and others. V-Mart Retail Limited (BSE:534976) entered into business transfer agreement to acquire LimeRoad Business from A.M. Marketplaces Private Limited and others for approximately INR 310 million on October 17, 2022. The LimeRoad will continue to operate as an independent business unit. The acquisition is proposed to be funded from internal accruals. Suchi Mukherjee, the founder of LimeRoad will join V-Marts leadership team as Chief Executive officer of LimeRoad and the Omni-channel business whereas Ankush Mehra co-founder of LimeRoad continues as Chief Operations officer. The transaction is subject to fulfilment and completion of due diligence and closing conditions. V-Mart Retail Limited board approved the deal. The transaction is expected to complete in 60 days.
V-Mart Retail Limited (BSE:534976) completed the acquisition of LimeRoad Business from A.M. Marketplaces Private Limited and others on November 10, 2022. Annuncio • Nov 03
V-Mart Retail Limited to Report Q2, 2023 Results on Nov 11, 2022 V-Mart Retail Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Annuncio • Oct 19
V-Mart Retail Limited (BSE:534976) entered into business transfer agreement to acquire LimeRoad Business from A.M. Marketplaces Private Limited for approximately INR 310 million. V-Mart Retail Limited (BSE:534976) entered into business transfer agreement to acquire LimeRoad Business from A.M. Marketplaces Private Limited for approximately INR 310 million on October 17, 2022. The transaction is subject to fulfilment and completion of precedent and closing conditions. V-Mart Retail Limited board approved the deal. The transaction is expected to complete in 60 days. Annuncio • Oct 04
V-Mart Retail Limited Announces Closing of Stores V-Mart Retail Limited informed that the Company has opened sixteen (16) new stores and closed two (2) stores in the July - September quarter of Fiscal Year 2022-23. The two stores closed include one (1) store in Jharkhand and one (1) in Uttrakhand. Annuncio • Aug 31
V-Mart Retail Limited Approves Dividend for the Financial Year 2021-22 V-Mart Retail Limited approved to approve and declare dividend at the rate of INR 0.75 per Equity Share for the financial year 2021-22, at its Annual General Meeting held on 30th August, 2022. Upcoming Dividend • Aug 11
Upcoming dividend of ₹0.75 per share Eligible shareholders must have bought the stock before 18 August 2022. Payment date: 29 September 2022. The company last paid an ordinary dividend in May 2013. The average dividend yield among industry peers is 2.6%. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: ₹10.35 (vs ₹14.57 loss in 1Q 2022) First quarter 2023 results: EPS: ₹10.35 (up from ₹14.57 loss in 1Q 2022). Revenue: ₹5.92b (up 234% from 1Q 2022). Net income: ₹204.5m (up ₹491.7m from 1Q 2022). Profit margin: 3.5% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Annuncio • Aug 03
V-Mart Retail Limited, Annual General Meeting, Aug 30, 2022 V-Mart Retail Limited, Annual General Meeting, Aug 30, 2022, at 11:00 Indian Standard Time. Annuncio • Jul 30
V-Mart Retail Limited to Report Q1, 2023 Results on Aug 05, 2022 V-Mart Retail Limited announced that they will report Q1, 2023 results on Aug 05, 2022 Price Target Changed • May 31
Price target decreased to ₹3,969 Down from ₹4,270, the current price target is provided by 1 analyst. New target price is 21% above last closing price of ₹3,276. Stock is up 18% over the past year. The company posted earnings per share of ₹5.90 last year. Reported Earnings • May 27
Full year 2022 earnings released: EPS: ₹5.90 (vs ₹3.37 loss in FY 2021) Full year 2022 results: EPS: ₹5.90 (up from ₹3.37 loss in FY 2021). Net income: ₹116.4m (up ₹178.4m from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Annuncio • May 26
V-Mart Retail Limited Recommends Dividend for the Financial Year 2021-22 V-Mart Retail Limited recommended the dividend of 7.5% that is INR 0.75 (seventy five paisa only) per equity share of the face value of INR 10 each for the financial year 2021-22. Annuncio • May 12
V-Mart Retail Limited to Report Q4, 2022 Results on May 19, 2022 V-Mart Retail Limited announced that they will report Q4, 2022 results on May 19, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Govind Shrikhande was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 11
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹28.85 (up from ₹26.34 in 3Q 2021). Revenue: ₹6.95b (up 48% from 3Q 2021). Net income: ₹571.1m (up 19% from 3Q 2021). Profit margin: 8.2% (down from 10% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Annuncio • Feb 02
V-Mart Retail Limited to Report Q3, 2022 Results on Feb 10, 2022 V-Mart Retail Limited announced that they will report Q3, 2022 results on Feb 10, 2022 Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Govind Shrikhande was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Govind Shrikhande was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Second quarter 2022 earnings released: ₹7.05 loss per share (vs ₹10.44 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹3.38b (up 93% from 2Q 2021). Net loss: ₹141.4m (loss narrowed 25% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Price Target Changed • Nov 11
Price target increased to ₹3,884 Up from ₹3,620, the current price target is provided by 1 analyst. New target price is 8.8% below last closing price of ₹4,260. Stock is up 117% over the past year. The company posted a net loss per share of ₹3.37 last year. Annuncio • Sep 03
V-Mart Retail Limited (BSE:534976) completed the acquisition of Assets of Unlimited retail business of Arvind Lifestyle Brands Limited. V-Mart Retail Limited (BSE:534976) signed a definitive agreement to acquire Assets of Unlimited retail business of Arvind Lifestyle Brands Limited for INR 1.5 billion on July 21, 2021. The consideration will be paid in cash. Arvind Lifestyle Brands Limited would receive cash consideration upon the closure of transaction and thus, will fully recover the capital employed in the business. In addition, there are contingent payments to be received, based on certain milestones achieved by V-Mart Retail Limited over next few years. The acquisition includes brands such as US Polo Assn., Tommy Hilfiger, Arrow, Flying Machine, Calvin Klein and Sephora. Arvind Lifestyle Brands Limited intends to utilise the funds for repayment of debt and for working capital purposes. For the year ended March 31, 2021 Assets of Unlimited retail business of Arvind Lifestyle Brands Limited recorded the revenue of INR 2.89 billion. The completion of the transaction is subject to necessary approvals from V-Mart Retail Limited board and consummation of due diligence. As of July 21, 2021 V-Mart Retail Limited board approved the deal. The deal is expected to close within 60 days. Vikrant Kumar and Arjun Rajgopal, supported by Mohit Saraf and Gayatri Roy of Saraf & Partners acted as legal advisors to V-Mart in the transaction. Metta Capital Advisors LLP acted as financial advisor to V-Mart Retail Limited.
V-Mart Retail Limited (BSE:534976) completed the acquisition of Assets of Unlimited retail business of Arvind Lifestyle Brands Limited on September 2, 2021. Arvind Lifestyle Brands Limited received part consideration of INR 1.3 billion from V-Mart Retail Limited. The balance consideration will be received as per the terms of the agreement. Reported Earnings • Aug 06
Full year 2021 earnings released: ₹3.37 loss per share (vs ₹27.18 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹10.8b (down 35% from FY 2020). Net loss: ₹62.0m (down 113% from profit in FY 2020). Like-for-like sales growth: Down 39.9% vs FY 2020 Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Price Target Changed • Jul 27
Price target increased to ₹3,301 Up from ₹3,011, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹3,271. Stock is up 77% over the past year. Recent Insider Transactions • Jun 26
Chief Financial Officer recently sold ₹3.0m worth of stock On the 24th of June, Anand Agarwal sold around 1k shares on-market at roughly ₹3,009 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹12m. Anand has been a seller over the last 12 months, reducing personal holdings by ₹9.0m. Price Target Changed • Jun 23
Price target increased to ₹3,010 Up from ₹2,770, the current price target is provided by 1 analyst. New target price is 6.8% above last closing price of ₹2,818. Stock is up 61% over the past year. Recent Insider Transactions • Jun 19
President of Sourcing & Procurement recently sold ₹12m worth of stock On the 15th of June, Rajan Sharma sold around 4k shares on-market at roughly ₹2,787 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹255m more than they bought in the last 12 months. Reported Earnings • Jun 02
Full year 2021 earnings released: ₹3.37 loss per share (vs ₹27.18 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹10.8b (down 35% from FY 2020). Net loss: ₹62.0m (down 113% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Annuncio • Mar 03
V-Mart Retail Limited Closes Two Stores in the State of Assam and Uttar Pradesh V-Mart Retail Limited announced that the Company has also closed two stores in the state of Assam and Uttar Pradesh respectively. Annuncio • Feb 04
V-Mart Retail Limited has completed a Follow-on Equity Offering in the amount of INR 3.749999 billion. V-Mart Retail Limited has completed a Follow-on Equity Offering in the amount of INR 3.749999 billion.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,530,612
Price\Range: INR 2450
Transaction Features: Regulation S; Subsequent Direct Listing Annuncio • Jan 15
V-Mart Retail Limited to Report Q3, 2021 Results on Jan 22, 2021 V-Mart Retail Limited announced that they will report Q3, 2021 results on Jan 22, 2021 Annuncio • Dec 31
V-Mart Retail Limited Closes One Store in the State of Odisha V-Mart Retail Limited announced that the company has closed one store in the state of Odisha. Annuncio • Nov 06
V-Mart Retail Limited Hires Vineet Jain as the New Chief Operating Officer V-Mart Retail Limited has hired Future Group's head of north India, Vineet Jain, as the new chief operating officer, bolstering the leadership team of the value retailer.Jain, CEO of north India for Future Group, has joined the Gurgaon-headquartered V-Mart earlier this month and will report to V-Mart's founder Lalit Agarwal.Jain has been a Future Group veteran for 17 years and had risen through the ranks to head north India for the Future Group and he is credited to have played a pivotal role over the years in the expansion of the group's footprint in the crucial northern markets including the important market of Delhi-NCR. Annuncio • Nov 02
V-Mart Retail Limited Announces Closing of Two Stores in the State of West Bengal V-Mart Retail Limited announced that, the company has closed two stores in the state of West Bengal. Annuncio • Aug 23
V-Mart Retail Limited Closes Two Stores, One in the State of Himachal Pradesh and One in the State of Madhya Pradesh V-Mart Retail Limited has closed two stores, one in the state of Himachal Pradesh and one in the state of Madhya Pradesh. Annuncio • Aug 08
V-Mart Retail Limited to Report Q1, 2021 Results on Aug 10, 2020 V-Mart Retail Limited announced that they will report Q1, 2021 results on Aug 10, 2020