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V-Mart Retail LimitedNSEI:VMART Stock Report

Market Cap ₹51.0b
Share Price
₹641.25
₹871.25
26.4% undervalued intrinsic discount
1Y-24.3%
7D0.008%
1D
Portfolio Value
View

V-Mart Retail Limited

NSEI:VMART Stock Report

Market Cap: ₹51.0b

V-Mart Retail (VMART) Stock Overview

Operates a chain of retail departmental stores in India. More details

VMART fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends3/6

VMART Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

V-Mart Retail Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for V-Mart Retail
Historical stock prices
Current Share Price₹641.25
52 Week High₹945.00
52 Week Low₹457.90
Beta0.50
1 Month Change2.15%
3 Month Change11.74%
1 Year Change-24.32%
3 Year Change26.05%
5 Year Change-4.90%
Change since IPO1,161.68%

Recent News & Updates

Narrative Update May 13

VMART: Governance Actions Around Upcoming Board Meeting Will Support Upside

Analysts have raised their price target on V-Mart Retail from ₹842.75 to ₹871.25, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E, which together influence their refreshed valuation view. What's in the News A board meeting is scheduled on May 7, 2026 at 13:30 IST to review and approve audited financial results for the fourth quarter and full year ended March 31, 2026, and to consider a dividend recommendation on equity shares (Key Developments).
Narrative Update Apr 26

VMART: Steady Discount Rate And P E Assumptions Will Support Upside

Analysts have maintained their price target for V-Mart Retail at ₹842.75, with only small model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. This signals a broadly steady view on the stock's valuation.
Narrative Update Apr 12

VMART: Revised Assumptions Around Margins And P E Will Support Upside

Analysts have trimmed their price target for V-Mart Retail slightly from ₹848.13 to ₹842.75, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value: Price target adjusted slightly from ₹848.13 to ₹842.75.

Recent updates

Narrative Update May 13

VMART: Governance Actions Around Upcoming Board Meeting Will Support Upside

Analysts have raised their price target on V-Mart Retail from ₹842.75 to ₹871.25, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E, which together influence their refreshed valuation view. What's in the News A board meeting is scheduled on May 7, 2026 at 13:30 IST to review and approve audited financial results for the fourth quarter and full year ended March 31, 2026, and to consider a dividend recommendation on equity shares (Key Developments).
Narrative Update Apr 26

VMART: Steady Discount Rate And P E Assumptions Will Support Upside

Analysts have maintained their price target for V-Mart Retail at ₹842.75, with only small model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. This signals a broadly steady view on the stock's valuation.
Narrative Update Apr 12

VMART: Revised Assumptions Around Margins And P E Will Support Upside

Analysts have trimmed their price target for V-Mart Retail slightly from ₹848.13 to ₹842.75, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value: Price target adjusted slightly from ₹848.13 to ₹842.75.
Narrative Update Mar 28

VMART: Upcoming Board Review And Leadership Appointment Will Support Upside

Analysts have kept the V-Mart Retail price target steady at ₹848.13. The latest adjustment reflects only small tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions, rather than any major change in the core thesis.
Narrative Update Mar 11

VMART: Upcoming Board Review And Leadership Move Will Support Upside

Analysts have trimmed their fair value estimate for V-Mart Retail slightly, with the price target moving from about ₹859.87 to around ₹848.13, reflecting updated assumptions for the discount rate, margin profile, and forward P/E multiple. What's in the News Board meeting scheduled for January 22, 2026 to review and approve unaudited financial results for the third quarter and nine months ended December 31, 2025, which could update you on recent business trends (Key Developments).
Narrative Update Feb 25

VMART: Steady Fair Value And Upcoming Board Review Will Support Upside

Analysts have kept their fair value estimate for V-Mart Retail steady at ₹859.87 per share, supported by largely unchanged assumptions on revenue growth, profit margins, and future P/E, with only a slight adjustment to the discount rate. What's in the News Board meeting scheduled for January 22, 2026, to consider and approve the unaudited financial results for the third quarter and nine months ended December 31, 2025 (Key Developments).
Narrative Update Feb 09

VMART: Upcoming Board Review And Leadership Change Will Support Future Upside

Analysts have adjusted their fair value estimate for V-Mart Retail from ₹915.93 to ₹859.87, reflecting updated views on revenue growth, profit margins, and future P/E assumptions. What's in the News Board meeting scheduled on January 22, 2026 to consider and approve the unaudited financial results for the third quarter and nine months ended December 31, 2025 (Key Developments).
New Narrative Feb 07

AI And Omni Initiatives Will Reshape Value Retail For Bharat Consumers

Catalysts About V-Mart Retail V-Mart Retail operates value-focused apparel and lifestyle stores that primarily target mass and emerging middle-income consumers across India, including smaller towns. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 25

VMART: Higher Profitability Assumptions Will Support Upside After P/E Reset

Analysts have trimmed their fair value estimate for V-Mart Retail from ₹1,048.86 to ₹915.93, citing updated assumptions on discount rate, revenue growth, profit margin, and future P/E for the stock. What's in the News A board meeting is scheduled for Jan 22, 2026 to consider and approve unaudited financial results for the third quarter and nine months ended Dec 31, 2025, and to consider the appointment of Assistant Vice President Mr. Sanjay Sarkar to a new role (company filing).
New Narrative Jan 24

Rising Competition And Weather Risks Will Test Retail Expansion Yet Leave Upside Potential

Catalysts About V-Mart Retail V-Mart Retail operates value-focused fashion and general merchandise stores, largely serving Tier 2 and Tier 3 customers across India through its V-Mart and Unlimited formats and its LimeRoad online platform. What are the underlying business or industry changes driving this perspective?
Analysis Article Jan 13

Estimating The Fair Value Of V-Mart Retail Limited (NSE:VMART)

Key Insights V-Mart Retail's estimated fair value is ₹616 based on 2 Stage Free Cash Flow to Equity V-Mart Retail's...
Analysis Article Nov 18

We Think V-Mart Retail's (NSE:VMART) Profit Is Only A Baseline For What They Can Achieve

The subdued stock price reaction suggests that V-Mart Retail Limited's ( NSE:VMART ) strong earnings didn't offer any...
Analysis Article Nov 12

Is V-Mart Retail (NSE:VMART) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
New Narrative Aug 31

Semi-Urban Store Expansion And Advanced Analytics Will Unlock Retail Value

Key Takeaways Expanding stores in smaller cities and leveraging improving consumer sentiment aims to drive strong revenue growth and capitalize on the shift to organized value retail. Technology upgrades and omnichannel integration are expected to enhance operational efficiency, customer acquisition, and profitability while strengthening competitive positioning.
Analysis Article Jul 23

Increases to CEO Compensation Might Be Put On Hold For Now at V-Mart Retail Limited (NSE:VMART)

Key Insights V-Mart Retail's Annual General Meeting to take place on 29th of July Total pay for CEO Lalit Agarwal...
Analysis Article Jun 12

Investors Holding Back On V-Mart Retail Limited (NSE:VMART)

There wouldn't be many who think V-Mart Retail Limited's ( NSE:VMART ) price-to-sales (or "P/S") ratio of 2.2x is worth...
Analysis Article May 10

Shareholders Will Be Pleased With The Quality of V-Mart Retail's (NSE:VMART) Earnings

V-Mart Retail Limited ( NSE:VMART ) just reported healthy earnings but the stock price didn't move much. Investors are...
Analysis Article Jan 28

V-Mart Retail Limited (NSE:VMART) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Unfortunately for some shareholders, the V-Mart Retail Limited ( NSE:VMART ) share price has dived 26% in the last...
Analysis Article Jan 07

We Think V-Mart Retail (NSE:VMART) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Nov 26

Capital Allocation Trends At V-Mart Retail (NSE:VMART) Aren't Ideal

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article Sep 24

V-Mart Retail Limited (NSE:VMART) Screens Well But There Might Be A Catch

With a price-to-sales (or "P/S") ratio of 2.7x V-Mart Retail Limited ( NSE:VMART ) may be sending bullish signals at...
Analysis Article Jul 25

This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Key Insights V-Mart Retail will host its Annual General Meeting on 31st of July CEO Lalit Agarwal's total compensation...
Analysis Article Jul 24

Is V-Mart Retail (NSE:VMART) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 10

The Market Lifts V-Mart Retail Limited (NSE:VMART) Shares 25% But It Can Do More

Despite an already strong run, V-Mart Retail Limited ( NSE:VMART ) shares have been powering on, with a gain of 25% in...
Analysis Article Dec 21

Is V-Mart Retail (NSE:VMART) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Sep 09

This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Key Insights V-Mart Retail's Annual General Meeting to take place on 15th of September Total pay for CEO Lalit Agarwal...
Analysis Article Jan 27

Here's Why We Think V-Mart Retail (NSE:VMART) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 02

Shareholders In V-Mart Retail (NSE:VMART) Should Look Beyond Earnings For The Full Story

Even though V-Mart Retail Limited ( NSE:VMART ) posted strong earnings recently, the stock hasn't reacted in a large...
Analysis Article Jan 19

V-Mart Retail's (NSE:VMART) Returns On Capital Not Reflecting Well On The Business

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article Aug 18

Why We Think V-Mart Retail Limited's (NSE:VMART) CEO Compensation Is Not Excessive At All

The performance at V-Mart Retail Limited ( NSE:VMART ) has been rather lacklustre of late and shareholders may be...

Shareholder Returns

VMARTIN Multiline RetailIN Market
7D0.008%3.3%0.5%
1Y-24.3%-8.1%-0.5%

Return vs Industry: VMART underperformed the Indian Multiline Retail industry which returned -8.1% over the past year.

Return vs Market: VMART underperformed the Indian Market which returned -0.5% over the past year.

Price Volatility

Is VMART's price volatile compared to industry and market?
VMART volatility
VMART Average Weekly Movement6.9%
Multiline Retail Industry Average Movement8.1%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.8%

Stable Share Price: VMART has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: VMART's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200210,912Lalit Agarwalwww.vmart.co.in

V-Mart Retail Limited operates a chain of retail departmental stores in India. The company offers casual, formal, ethnic, sports and activewear, and inner wear for men; Western, ethnic, sports and activewear, inner, and night wear for women; and apparel for boys, girls, and infants, as well as inner wear and accessories. It also provides non-apparel products, such as fashion accessories, footwear, home needs, bags/luggage, and toys and games; and general merchandise products, including personal and home essentials, package food, non-food, and staples; as well as home furnishings.

V-Mart Retail Limited Fundamentals Summary

How do V-Mart Retail's earnings and revenue compare to its market cap?
VMART fundamental statistics
Market cap₹51.01b
Earnings (TTM)₹1.24b
Revenue (TTM)₹37.89b
41.1x
P/E Ratio
1.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VMART income statement (TTM)
Revenue₹37.89b
Cost of Revenue₹24.86b
Gross Profit₹13.03b
Other Expenses₹11.79b
Earnings₹1.24b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)15.59
Gross Margin34.39%
Net Profit Margin3.27%
Debt/Equity Ratio10.5%

How did VMART perform over the long term?

See historical performance and comparison

Dividends

0.2%
Current Dividend Yield
8%
Payout Ratio

Does VMART pay a reliable dividends?

See VMART dividend history and benchmarks
When do you need to buy VMART by to receive an upcoming dividend?
V-Mart Retail dividend dates
Ex Dividend DateJul 17 2026
Dividend Pay DateAug 29 2026
Days until Ex dividend53 days
Days until Dividend pay date96 days

Does VMART pay a reliable dividends?

See VMART dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/23 13:43
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

V-Mart Retail Limited is covered by 21 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Parin Tanna360 ONE Capital Market Private Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Vaishnavi MandhaniyaAnand Rathi Shares and Stock Brokers Limited