Vishal Mega Mart Limited

NSE: VMM · Diversified Retail · sector

₹88.70NSE close 2026-10-26

Key numbers

Market cap₹41,554 cr

Price₹88.70

52w high / low₹150 / ₹87

P/E46.2xSector median 29.1x

P/B5.3xSector median 3.7x

Book value₹16.9

Dividend yield–

ROE12.1%Sector median 12.7%

ROCE17.5%Sector median 15.9%

OPM14.3%Sector median 6.5%

Debt / equity0.00xSector median 0.14x

EV/EBITDA19.8xSector median 11.7x

Interest cover7.6x

Current ratio1.61x

Sales growth 3y–Sector median +9.7%

Profit growth 3y–Sector median +1.6%

PEG2.11x

Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 13 companies in Diversified Retail (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹1,714 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
Operating profit covered interest 7.6x in the last 12 months.
Promoter holding fell by 14.09 percentage points in a year, to 40.02% (2026-09-30).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 13% of net profit in the last 12 months.
No dividend in the last 2 financial years.
Price ₹88.70 on 2026-10-26: -40.8% from the 52-week high, +2.4% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹151.38 · low ₹88.70

Quarterly results

₹ cr	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	3,136	2,548	3,140	2,981	3,670	3,114	3,727	3,399
EBITDA	505	357	459	395	605	425	545	412
OPM %	16.1%	14.0%	14.6%	13.2%	16.5%	13.6%	14.6%	12.1%
Other income	19	19	17	20	25	25	33	38
Net profit	263	115	206	152	313	168	259	158
EPS (₹)	0.58	0.25	0.45	0.33	0.67	0.36	0.55	0.34
Revenue YoY					+17.0%	+22.2%	+18.7%	+14.0%
Profit YoY					+19.1%	+45.9%	+25.6%	+3.7%

Consolidated figures where filed. Latest quarter Sep 2026.

Profit & loss (yearly)

₹ cr	FY25	FY26	TTM
Revenue	10,716	12,906	13,910
EBITDA	1,530	1,884	1,987
Net profit	632	839	897
EPS (₹)	1.40	1.80	1.92
Revenue growth		+20.4%	+17.8%
Profit growth		+32.8%	+21.9%
Dividend / share (₹)	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	+17.8%
Net profit	–	–	+21.9%
EPS	–	–	–
Share price	–	– (2y)	-39.2%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	6,401	7,413
Borrowings	0	0
Cash & equivalents	851	1,714
Total assets	9,993	11,449
Fixed assets	695	796
Capital work in progress	14	34
Investments	0	0
Receivables	66	28
Inventory	1,850	2,017
Payables	1,479	1,619

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	1,399	1,621
Cash from investing	-610	-988
Cash from financing	-479	-500
Capex	264	325
Free cash flow	1,135	1,296

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	9.9%	11.3%
ROCE %	15.6%	17.5%
Debtor days	2	1
Inventory days	88	80
Payable days	70	64
Cash conversion cycle (days)	20	17
Working capital days	26	44

Shareholding

Holder	% (2026-09-30)
Promoters	40.02%
FIIs	18.75%
DIIs	36.45%
of which Mutual funds	31.75%
of which Insurance	3.25%
Government	0.00%
Public (non-institutions)	4.77%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	76.02%	74.55%	54.22%	54.11%	54.09%	40.12%	40.09%	40.02%

Promoter group	%
Samayat Services LLP	40.02%
Kedaara Capital Fund II LLP	0.00%
Universal Nutriscience Private Limited	0.00%
Neurealm Private Limited (Erstwhile GAVS Technologies Private Limited)	0.00%
Rishanth Services LLP	0.00%
Trishikhar Ventures LLP	0.00%
Rishay Services LLP	0.00%
Kedaara Richvest Limited	0.00%
PG Kaziranga Limited	0.00%
Kedaara Capital II Limited	0.00%

Public holders above 1%	%
HDFC Mutual Fund-hdfc Retirement Fund - Hybrid-deb	9.49%
Kotak Mahindra Trustee Co Ltd A/C Kotak Msci India	5.42%
SBI Arbitrage Fund	4.12%
Government of Singapore	2.74%
Nippon Life India Trustee Ltd- A/C Nippon India AG	2.68%
Axis Mutual Fund Trustee Limited A/C Axis Mutual F	1.97%
Canara Robeco Mutual Fund A/C Canara Robeco Large	1.95%
NPS Trust- A/C SBI Pension Fund Scheme E - Tier I	1.26%
Monetary Authority of Singapore	1.23%
Employees Provident Fund Board - Internalmanaged 1	1.17%

6,43,004 shareholders. Pledged: – of promoter shares.

Peers in Diversified Retail

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
DMART	₹2,05,459 cr	65.8x	7.9x	12.7%	14.8%	7.5%	+17.1%	–
VMM	₹41,554 cr	46.2x	5.3x	12.1%	17.5%	14.3%	–	–
VMART	₹6,165 cr	44.6x	6.5x	15.6%	23.6%	13.7%	+15.4%	–
EMIL	₹6,010 cr	29.1x	3.7x	13.1%	17.1%	7.4%	+9.7%	–
SHOPERSTOP	₹3,678 cr	–	13.0x	-3.9%	47.6%	14.5%	+7.8%	–
PATELRMART	₹778 cr	17.9x	2.1x	11.4%	13.7%	6.5%	–	–
SPENCERS	₹147 cr	–	–	–	-22.7%	0.2%	-9.8%	–
FELDVR	₹98 cr	–	–	–	-29.8%	-71.3%	–	–
CITYSQUARE	₹52 cr	16.3x	2.0x	19.1%	32.1%	14.4%	–	–
RETAIL	₹19 cr	–	0.7x	-0.3%	2.2%	-16.1%	–	–

All 13 companies in Diversified Retail →

Documents

Links go to the original files on the exchange website.

About the company

Retail Sales - Through physical stores and online platform: Apparel
Retail Sales - Through physical stores and online platform: General Merchandise
Retail Sales - Through physical stores and online platform: Fast Moving Consumer goods


Sector	Consumer Discretionary
Industry	Diversified Retail
Sub-industry	Diversified Retail
Symbol	VMM
BSE code	544307
ISIN	INE01EA01019
Face value	₹10.0
Incorporated	2018-03-26
Website	www.aboutvishal.com
Plants (India / abroad)	813 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.