V-Mart Retail Ltd
V-Mart Retail Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
V-Mart targets an annual square footage addition of around 13% to 14% over the medium to long term. V-Mart expects continued double-digit revenue growth driven by festive recoveries, regional festivals, and expanding discretionary demand in Tier 2 and Tier 3 cities.
From V-Mart Retail Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- V-Mart targets an annual square footage addition of around 13% to 14% over the medium to long term.
- Same-store sales growth (SSSG) aspiration is mid- to high single digits, specifically 5% to 8% as a long-term average.
- Unlimited brand aims to increase sales per square feet to be at par with V-Mart within the next 2 to 3 years, driving better SSSG trends.
- Continued double-digit growth expected, supported by expansions in existing and new towns within current states, focusing on cluster penetration.
- Growth supported by ongoing initiatives like private label expansion, operational efficiencies, improved inventory health, and customer experience enhancements.
2 more points management made on revenue & sales performance
Profitability & Margins
See what V-Mart Retail Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Capex for the quarter stood at INR57 crores, primarily towards new store additions and selective refurbishments.
- On a year-to-date basis, the business generated positive free cash flow of INR63 crores, a 9.4% increase YoY.
- The company plans to continue disciplined, profitable, and sustainable expansion with a target of 75+ new store additions in the current year.
- Capital discipline is central to the model; store expansions are funded by internal accruals, keeping the balance sheet strong and virtually debt-free.
- Store-level capex remains meaningfully lower than industry averages to support attractive store-level trends.
2 more points management made on capital expenditure plans
Top-ranked in Retailing
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what V-Mart Retail Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points management made on order book & pipeline
V-Mart Retail Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹971 Cr, net profit ₹11 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What V-Mart Retail Ltd's management said in earlier quarters
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Frequently Asked Questions
What were V-Mart Retail Ltd Q3 FY26 results?
V-Mart targets an annual square footage addition of around 13% to 14% over the medium to long term. V-Mart expects continued double-digit revenue growth driven by festive recoveries, regional festivals, and expanding discretionary demand in Tier 2 and Tier 3 cities.
What is V-Mart Retail Ltd share price analysis?
V-Mart Retail Ltd currently shows a neutral. The stock trades at a P/E of 46.3 with a market cap of ₹6,422 Cr. Investors should review the full earnings analysis for detailed insights.
Is V-Mart Retail Ltd planning capital expenditure?
Capex for the quarter stood at INR57 crores, primarily towards new store additions and selective refurbishments.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.