V-Mart Retail Limited

NSEI:VMART Stock Report

Market Cap: ₹74.8b

V-Mart Retail Management

Management criteria checks 4/4

V-Mart Retail's CEO is Lalit Agarwal, appointed in Jul 2002, has a tenure of 22.42 years. total yearly compensation is ₹18.50M, comprised of 61.1% salary and 38.9% bonuses, including company stock and options. directly owns 6.45% of the company’s shares, worth ₹4.83B. The average tenure of the management team and the board of directors is 7.9 years and 9.9 years respectively.

Key information

Lalit Agarwal

Chief executive officer

₹18.5m

Total compensation

CEO salary percentage61.1%
CEO tenure22.4yrs
CEO ownership6.5%
Management average tenure7.9yrs
Board average tenure9.9yrs

Recent management updates

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

Jul 25
This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

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

Sep 09
This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Recent updates

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

Nov 26
Capital Allocation Trends At V-Mart Retail (NSE:VMART) Aren't Ideal

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

Sep 24
V-Mart Retail Limited (NSE:VMART) Screens Well But There Might Be A Catch

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

Jul 25
This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

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

Jul 24
Is V-Mart Retail (NSE:VMART) A Risky Investment?

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

Jun 10
The Market Lifts V-Mart Retail Limited (NSE:VMART) Shares 25% But It Can Do More

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

Dec 21
Is V-Mart Retail (NSE:VMART) A Risky Investment?

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

Sep 09
This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

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

Jan 27
Here's Why We Think V-Mart Retail (NSE:VMART) Is Well Worth Watching

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

Jun 02
Shareholders In V-Mart Retail (NSE:VMART) Should Look Beyond Earnings For The Full Story

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

Jan 19
V-Mart Retail's (NSE:VMART) Returns On Capital Not Reflecting Well On The Business

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

Aug 18
Why We Think V-Mart Retail Limited's (NSE:VMART) CEO Compensation Is Not Excessive At All

Investors Could Be Concerned With V-Mart Retail's (NSE:VMART) Returns On Capital

Jun 02
Investors Could Be Concerned With V-Mart Retail's (NSE:VMART) Returns On Capital

CEO Compensation Analysis

How has Lalit Agarwal's remuneration changed compared to V-Mart Retail's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹551m

Jun 30 2024n/an/a

-₹627m

Mar 31 2024₹19m₹11m

-₹968m

Dec 31 2023n/an/a

-₹948m

Sep 30 2023n/an/a

-₹1b

Jun 30 2023n/an/a

-₹502m

Mar 31 2023₹20m₹10m

-₹78m

Dec 31 2022n/an/a

₹265m

Sep 30 2022n/an/a

₹636m

Jun 30 2022n/an/a

₹608m

Mar 31 2022₹18m₹9m

₹116m

Dec 31 2021n/an/a

₹128m

Sep 30 2021n/an/a

₹35m

Jun 30 2021n/an/a

-₹13m

Mar 31 2021₹15m₹6m

-₹62m

Dec 31 2020n/an/a

-₹132m

Sep 30 2020n/an/a

-₹28m

Jun 30 2020n/an/a

-₹19m

Mar 31 2020₹25m₹9m

₹493m

Dec 31 2019n/an/a

₹569m

Sep 30 2019n/an/a

₹403m

Jun 30 2019n/an/a

₹544m

Mar 31 2019₹22m₹9m

₹616m

Dec 31 2018n/an/a

₹784m

Sep 30 2018n/an/a

₹734m

Jun 30 2018n/an/a

₹802m

Mar 31 2018₹24m₹9m

₹777m

Compensation vs Market: Lalit's total compensation ($USD217.75K) is below average for companies of similar size in the Indian market ($USD352.86K).

Compensation vs Earnings: Lalit's compensation has been consistent with company performance over the past year.

CEO

Lalit Agarwal (54 yo)

22.4yrs

Tenure

₹18,500,000

Compensation

Mr. Lalit Madangopal Agarwal is MD & Director of V-Mart Retail Limited from November 08, 2021. He joined the V-Mart Retail Limited on July 24, 2002. He was Chairman & MD of V-Mart Retail Limited from May 2...

Leadership Team

NamePositionTenureCompensationOwnership
Lalit Agarwal
MD & Director22.4yrs₹18.50m6.45%
₹ 4.8b
Anand Agarwal
Chief Financial Officer7.5yrs₹15.50mno data
Vineet Jain
Chief Operating Officer4.1yrs₹18.30m0.030%
₹ 22.4m
Madan Agarwal
Whole Time Director22.4yrs₹4.10mno data
Jayesh Kothari
President of Merchandisingno data₹12.60mno data
Megha Tandon
Company Secretary & Compliance Officer7.9yrs₹1.25mno data
Anjali Goel
Vice President of Human Resourceno datano datano data
Snehal Shah
Senior Vice President of Projects & Business Developmentno data₹7.91mno data
Jaideep Jaiman
Chief Digital Officerno datano datano data

7.9yrs

Average Tenure

53yo

Average Age

Experienced Management: VMART's management team is seasoned and experienced (7.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lalit Agarwal
MD & Director22.4yrs₹18.50m6.45%
₹ 4.8b
Madan Agarwal
Whole Time Director22.4yrs₹4.10mno data
Govind Shrikhande
Non-Executive Independent Director6.1yrs₹1.10mno data
Aakash Moondhra
Non-Executive Non-Independent Director14.8yrs₹800.00kno data
Murli Ramachandran
Non-Executive Independent Director9.9yrs₹1.10mno data
Sonal Mattoo
Non-Executive Independent Director9.9yrs₹500.00kno data
Raghuvesh Sarup
Independent Directorless than a yearno datano data
Shweta Kumar
Independent Directorless than a yearno datano data

9.9yrs

Average Tenure

54yo

Average Age

Experienced Board: VMART's board of directors are considered experienced (9.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

V-Mart Retail Limited is covered by 27 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
Vaishnavi MandhaniyaAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.
null nullAsian Markets Securities Private Limited