V-Mart Retail (VMART)₹754.50−0.23%Diversified Retail
In the Jun 2026 quarter (standalone), V-Mart Retail reported sales of ₹1,087 Cr, up 23.0% from Jun 2025, and net profit of ₹46.89 Cr, up 38.2% year on year. For the year to Mar 2026, sales were ₹3,786 Cr and net profit ₹124 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 548 | 888 | 668 | 785 | 660 | 1,025 | 779 | 884 | 805 | 1,124 | 970 | 1,087 |
| Expenses | 549 | 768 | 627 | 687 | 622 | 854 | 711 | 758 | 734 | 915 | 864 | 927 |
| Operating Profit | 1.01 | 120 | 40.06 | 99.16 | 39.10 | 172 | 68.20 | 126 | 72.21 | 210 | 106 | 161 |
| OPM % | 0.1% | 13.1% | 6.1% | 13.1% | 6.0% | 17.1% | 9.1% | 14.1% | 9.1% | 19.1% | 11.1% | 15.1% |
| Other Income | 2.01 | 12.99 | 3.99 | 4.99 | 1.99 | 2.99 | 26.99 | 2.99 | 3.01 | 1.99 | 6.01 | 2.99 |
| Interest | 35.95 | 37.97 | 35.95 | 36.97 | 38.99 | 41.96 | 16.97 | 17.99 | 16.98 | 20.97 | 18.99 | 19.99 |
| Depreciation | 53.08 | 58.15 | 61.15 | 57.15 | 59.13 | 63.12 | 54.08 | 68.11 | 71.20 | 78.19 | 80.12 | 84.23 |
| Profit before tax | −86.13 | 37.02 | −52.07 | 9.01 | −58.09 | 70.10 | 23.02 | 43.03 | −14.02 | 113 | 13.03 | 60.08 |
| Tax % | −26.1% | 22.9% | −25.1% | −30.1% | −3.0% | −3.0% | 18.9% | 21.9% | −35.1% | 22.0% | 9.9% | 20.9% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.07 | 0.00 | 0.00 | −1.63 | 0.57 | 0.00 |
| Net Profit | −63.90 | 27.94 | −38.92 | 11.97 | −56.93 | 71.87 | 18.98 | 33.93 | −8.98 | 87.87 | 10.97 | 46.89 |
| EPS (Rs) | −8.12 | 3.58 | −4.93 | 1.52 | −7.15 | 9.03 | 2.35 | 4.24 | −1.13 | 11.07 | 1.43 | 5.94 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 807 | 1,001 | 1,220 | 1,432 | 1,659 | 1,074 | 1,664 | 2,461 | 2,783 | 3,251 | 3,786 | 3,987 |
| Expenses | 746 | 916 | 1,089 | 1,299 | 1,446 | 942 | 1,459 | 2,192 | 2,566 | 2,871 | 3,271 | 3,440 |
| Operating Profit | 62.17 | 85.16 | 133 | 133 | 215 | 131 | 204 | 269 | 215 | 381 | 515 | 550 |
| OPM % | 8.1% | 8.1% | 11.1% | 9.1% | 13.1% | 12.1% | 12.1% | 11.1% | 8.1% | 12.1% | 14.1% | 13.8% |
| Other Income | 1.99 | 3.99 | 4.01 | −3.99 | 4.01 | 21.01 | 14.01 | 15.01 | 18.99 | 33.99 | 14.01 | 14.00 |
| Interest | 2.99 | 3.99 | 1.99 | 1.99 | 54.98 | 58.94 | 76.89 | 117 | 142 | 136 | 74.96 | 76.93 |
| Depreciation | 19.03 | 19.05 | 23.04 | 28.07 | 94.25 | 103 | 131 | 180 | 223 | 233 | 297 | 314 |
| Profit before tax | 42.08 | 67.10 | 112 | 100 | 70.11 | −10.02 | 10.02 | −13.01 | −130 | 44.03 | 155 | 172 |
| Tax % | 34.9% | 33.9% | 30.9% | 37.9% | 28.9% | −36.1% | −12.1% | −40.1% | −26.1% | −4.0% | 19.9% | — |
| Exceptional items | 0.99 | 0.99 | 0.99 | −4.98 | 0.99 | 0.99 | −0.99 | 1.99 | −1.99 | 21.92 | −0.99 | −1.06 |
| Net Profit | 27.95 | 43.94 | 77.89 | 61.91 | 48.95 | −5.99 | 11.98 | −7.99 | −96.81 | 45.95 | 124 | 137 |
| EPS (Rs) | 3.83 | 6.08 | 10.74 | 8.51 | 6.81 | −0.80 | 1.46 | −1.00 | −12.24 | 5.79 | 15.62 | 17.31 |
| Dividend payout % | 8.0% | 5.0% | 5.0% | 5.0% | 0.0% | 0.0% | 12.9% | 0.0% | 0.0% | 0.0% | 6.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.99 | 17.98 | 18.03 | 18.00 | 17.98 | 18.03 | 20.03 | 20.01 | 20.05 | 20.04 | 20.03 | 79.08 |
| Reserves | 187 | 213 | 253 | 329 | 391 | 442 | 808 | 832 | 832 | 729 | 792 | 875 |
| Borrowings | 30.88 | 26.90 | 35.90 | 0.99 | 0.00 | 515 | 566 | 899 | 1,328 | 1,389 | 780 | 954 |
| Other Liabilities | 92.56 | 125 | 184 | 201 | 221 | 249 | 234 | 350 | 565 | 710 | 844 | 873 |
| Total Liabilities | 329 | 383 | 491 | 550 | 631 | 1,224 | 1,627 | 2,100 | 2,745 | 2,848 | 2,435 | 2,781 |
| Fixed Assets | 98.24 | 110 | 117 | 145 | 165 | 669 | 699 | 1,115 | 1,449 | 1,667 | 1,041 | 1,371 |
| CWIP | 1.01 | 2.01 | 1.01 | 4.01 | 4.01 | 2.01 | 2.01 | 6.02 | 109 | 4.01 | 4.02 | 8.03 |
| Investments | 22.01 | 31.98 | 71.91 | 33.96 | 60.94 | 7.99 | 319 | 125 | 8.99 | 4.99 | 4.99 | 18.01 |
| Other Assets | 207 | 237 | 299 | 367 | 401 | 544 | 607 | 854 | 1,176 | 1,173 | 1,385 | 1,383 |
| Inventories | 183 | 204 | 269 | 307 | 329 | 478 | 428 | 669 | 871 | 817 | 988 | 989 |
| Cash & equivalents | 3.01 | 4.02 | 3.01 | 18.07 | 19.06 | 5.02 | 27.11 | 35.14 | 18.07 | 27.11 | 39.17 | 20.08 |
| Total Assets | 329 | 383 | 491 | 550 | 631 | 1,224 | 1,627 | 2,100 | 2,745 | 2,848 | 2,435 | 2,781 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 40.15 | 46.15 | 69.27 | 58.20 | 76.26 | 86.30 | 150 | −11.04 | 178 | 388 | 351 | 502 |
| Cash from investing activity | −19.04 | −37.05 | −73.07 | −8.01 | −73.09 | 1.01 | −420 | 124 | −159 | −118 | −122 | −174 |
| Cash from financing activity | −19.94 | −9.96 | 4.98 | −37.86 | −3.98 | −93.64 | 286 | −104 | −32.88 | −258 | −214 | −345 |
| Net cash flow | 0.99 | −0.99 | 0.99 | 10.99 | −0.99 | −8.01 | 16.99 | 7.99 | −15.01 | 8.99 | 12.01 | −19.99 |
| Capex | 33.91 | 25.95 | 41.93 | 47.86 | 40.92 | 60.81 | 40.93 | 151 | 277 | 123 | 126 | 165 |
| Free cash flow | 5.97 | 19.91 | 26.89 | 9.96 | 35.86 | 31.87 | 109 | −160 | −101 | 262 | 224 | 336 |
| CFO / OP % | 89.0% | 98.0% | 110.0% | 72.0% | 82.0% | 52.0% | 116.0% | 0.0% | 72.0% | 180.0% | 92.0% | 102.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory days | 132 | 131 | 140 | 135 | 124 | 155 | 216 | 224 | 199 | 163 | 169 | 145 |
| Days payable | 54 | 61 | 83 | 73 | 56 | 64 | 97 | 97 | 112 | 127 | 88 | 72 |
| Cash conversion cycle | 77 | 69 | 56 | 61 | 67 | 90 | 118 | 125 | 86 | 35 | 80 | 72 |
| Working capital days | 37 | 32 | 22 | 38 | 36 | 41 | 94 | 76 | 38 | 14 | 1 | 1 |
| ROCE % | 26.0% | 18.0% | 25.0% | 35.1% | 29.0% | 18.1% | 4.0% | 5.0% | 5.0% | 1.0% | 8.0% | 13.1% |
For the Jun 2026 quarter, V-Mart Retail reported sales of ₹1,087 Cr, up 23.0% year on year and net profit of ₹46.89 Cr, up 38.2% year on year. The operating margin was 15.1%.
V-Mart Retail's sales for the year to Mar 2026 were ₹3,786 Cr; over the last twelve months they were ₹3,987 Cr.
Net profit for the year to Mar 2026 was ₹124 Cr, and ₹137 Cr over the last twelve months. Earnings per share over the same trailing period were ₹17.31.
V-Mart Retail reported borrowings of ₹954 Cr at Mar 2026, against cash and equivalents of ₹20.08 Cr.
Cash from operations was ₹502 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹336 Cr.