Vishal Mega Mart Limited
₹84.50-₹2.20 (-2.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹59,889 Cr
- P/E
- 110.0x
- EV / EBITDA
- 102.3x
- Revenue
- ₹5,947 Cr
- Net margin
- 5.1%
- ROCE
- 9.8%
Price chart
Technical chartScreen technicals →-42.0% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -16.3%
- 3M
- -21.5%
- 6M
- -31.0%
- 1Y
- -42.0%
- 5Y
- -16.4%
52-week range
Day change -₹2.20 (-2.5%) from ₹87 to ₹85 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in VMM, bought on each weekday since 2024.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 20.3%
Concerns1
- Low return on equity of 5.7%
Rule-based from financial data. Not advice.
About the company
Vishal Mega Mart Limited engages in the wholesale, trading, and retail of apparel, fast moving consumer goods, and general merchandise in India.
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Vishal Mega Mart Limited engages in the wholesale, trading, and retail of apparel, fast moving consumer goods, and general merchandise in India. Its apparel product portfolio includes a range of t-shirts, shirts, denims, athletic and leisure wear, night wear, innerwear, western wear, formal wear, and ethnic wear for men, women, children, and infants; and general merchandize products comprises home appliances, crockeries and utensils, home products and furnishings, toys, stationery products, travel products and footwear, and other products. The company's fast-moving consumer goods include food products, such as biscuits, savoury snacks, noodles, and tea and coffee products; staples, such as mustard oil, soya oil, clarified butter, and spices; and non-food products comprising baby diapers, hair oil, sanitary pads, handwash, and other products. It sells its products through its stores, mobile application, and website under third party and its brand names. The company was incorporated in 2018 and is based in Gurugram, India. Vishal Mega Mart Limited is a subsidiary of Samayat Services LLP.
- Sector
- Consumer Discretionary
- Shares outstanding
- 468 Cr shares
- ISIN
- INE01EA01019
- BSE code
- 544307
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹59,889 Cr
- P/E
- 110.0x
- P/B
- 9.0x
- EV / EBITDA
- 102.3x
- EV / Sales
- 9.5x
- P/S
- 9.6x
- Earnings yield
- 0.9%
- 52-week high
- ₹148.40
- 52-week low
- ₹84.50
Profitability
- Operating margin
- 9.0%
- Net margin
- 5.1%
- EBITDA margin
- 9.3%
- ROE
- 5.7%
- ROCE
- 9.8%
- ROA
- 4.5%
- Dividend payout
- 0.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 4.9%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹5,947 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -4.7%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.9%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹582 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 19.8%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 48.7%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 20.3%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹142 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 29.1%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹95.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 0.7%
Solvency and efficiency
- Current ratio
- 1.68
- Debt / Equity
- 0.02
- Debt / Assets
- 0.02
- Debt / EBITDA
- 0.23
- Interest coverage
- 35.06
- Financial leverage
- 1.28
- CFO / Net profit
- 0.45
- Cash / Market cap
- 3.8%
- Cash per share
- ₹4.89
- Asset turnover
- 0.88
- Fixed asset turnover
- 1.32
- Capital intensity
- 0.76
- Debtor days
- 105 days
- Inventory turnover
- 15.21
- Cash conversion cycle
- 56 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹5,187 Cr |
| Sales | Operating profit | ₹760 Cr |
| Operating profit | Interest | ₹12 Cr |
| Operating profit | Depreciation | ₹160 Cr |
| Operating profit | Profit before tax | ₹588 Cr |
| Other income | Profit before tax | ₹44 Cr |
| Profit before tax | Tax and other | ₹159 Cr |
| Profit before tax | Net profit | ₹473 Cr |
Revenue and net profit
Revenue fell 4.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹3,025 Cr | ₹39 Cr |
| FY2022 | ₹4,199 Cr | ₹191 Cr |
| FY2023 | ₹5,619 Cr | ₹247 Cr |
| FY2024 | ₹6,239 Cr | ₹318 Cr |
| FY2025 | ₹5,947 Cr | ₹473 Cr |
Cash flows
FY2025: ₹494 Cr from operations, ₹21.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹665 Cr | ₹6 Cr |
| FY2022 | ₹233 Cr | ₹330 Cr |
| FY2023 | ₹110 Cr | ₹365 Cr |
| FY2024 | ₹142 Cr | ₹107 Cr |
| FY2025 | ₹494 Cr | ₹21 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹5,947 Cr-4.7%1Y
- Net profit
- ₹473 Cr+48.7%1Y
- Cash from operations
- ₹494 Cr
- Free cash flow
- ₹21 Cr-80.4%1Y
- Revenue CAGR, 5Y
- 8.9%
- EBITDA CAGR, 5Y
- 6.4%
- Net profit CAGR, 5Y
- 20.3%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹5,947 Cr | ₹760 Cr | — | ₹473 Cr | ₹494 Cr | ₹21 Cr | 7.6% | -4.7% | +48.7% |
Monthly returns
Month-by-month returns of VMM across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹7,795 Cr |
| Equity capital | ₹4,597 Cr |
| Reserves | ₹1,599 Cr |
| Borrowings | ₹133 Cr |
| Other liabilities | ₹1,465 Cr |
| Assets | ₹7,795 Cr |
| Fixed assets | ₹4,707 Cr |
| Capital work in progress | ₹9 Cr |
| Investments | ₹462 Cr |
| Other assets | ₹2,617 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
VMM trades at 110.0x earnings against a peer median of 55.4x (a 99% premium).
Not shown (no positive earnings and no EV / Sales): Meesho Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Vishal Mega Mart LimitedVMMthis companyP/E ↑ premium | ₹59,889 Cr | 110.0x | 9.0x | 5.7% | 102.3x |
| Lenskart Solutions LimitedLENSKART | ₹77,370 Cr | 599.0x | — | 2.4% | 158.4x |
| Meesho LimitedMEESHO | ₹74,358 Cr | — | — | -14.2% | -290.4x |
| FSN E-Commerce Ventures LimitedNYKAA | ₹72,865 Cr | 1134.0x | 42.6x | 7.9% | 661.0x |
| Berger Paints India LtdBERGEPAINT | ₹60,724 Cr | 58.4x | 10.6x | 20.3% | 35.0x |
| Patanjali Foods LimitedPATANJALI | ₹58,948 Cr | 41.3x | 4.9x | 7.5% | 38.4x |
| Kalyan Jewellers India LimitedKALYANKJIL | ₹51,179 Cr | 55.5x | 9.7x | 13.3% | 43.2x |
| Voltas Ltd.VOLTAS | ₹48,324 Cr | 89.6x | 6.0x | 8.1% | 58.0x |
| ITC Hotels LimitedITCHOTELS | ₹40,064 Cr | 50.5x | 3.5x | 4.5% | 53.0x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
VMM since 1 January, against earlier years.
Historical volatility
VMM's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 9.0% |
| FY2022 | 10.0% |
| FY2023 | 8.0% |
| FY2024 | 9.0% |
| FY2025 | 13.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹5,947 Cr |
| Costs | |
| Interest | ₹12 Cr |
| Expenses | ₹5,187 Cr |
| Operating profitOperating Profit | ₹760 Cr |
| Other income and charges | |
| Profit before tax | ₹632 Cr |
| Tax | |
| Net profitNet Profit | ₹473 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹7,795 Cr |
| Equity capitalEquity Capital | ₹4,597 Cr |
| Reserves | ₹1,599 Cr |
| Borrowings | ₹133 Cr |
| Other liabilitiesOther Liabilities | ₹1,465 Cr |
| AssetsTotal Assets | ₹7,795 Cr |
| Fixed assetsFixed Assets | ₹4,707 Cr |
| Capital work in progressCWIP | ₹9 Cr |
| Investments | ₹462 Cr |
| Other assetsOther Assets | ₹2,617 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹494 Cr |
| Investing cash flowCash from Investing Activity | -₹473 Cr |
| Financing cash flowCash from Financing Activity | ₹75 Cr |
| Change in cashNet Cash Flow | ₹95 Cr |
Learn while you research
Academy chapters picked for Vishal Mega Mart Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 110.0, learn when high multiples are justified.6 min read
- 04 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read