Vishal Mega Mart Ltd

Q1 FY27Retailing

Vishal Mega Mart Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹106

Market cap₹48.1K Cr

P/E53.9

Updated23 Sept 2026

Read4 min read

What the Q1 FY27 call signalled

1 of 3 strong

RevenueModerate growth

MarginMargins steady

CapexCapex planned

The short version

Vishal Mega Mart reported an 18.7% revenue growth in Q1 FY27, with a strong 10% same-store sales growth, indicating resilience amid a challenging environment. Vishal Mega Mart reported strong Q1 FY27 results with 18.7% revenue growth and 19.3% Operating EBITDA growth YoY.

From Vishal Mega Mart Ltd's Q1 FY27 earnings-call transcript · updated 23 Sept 2026.

Revenue & Sales Performance

Moderate growth

Vishal Mega Mart reported an 18.7% revenue growth in Q1 FY27, with a strong 10% same-store sales growth, indicating resilience amid a challenging environment.
The company expects inflationary impacts on demand to taper in subsequent quarters, suggesting a more favorable sales environment ahead.
Expansion continues with 27 new stores opened in the quarter, including 16 small-format stores, targeting growth in smaller towns and markets.
Quick commerce channels show promising contributions (5-10% of store revenue), with 20% of quick commerce customers being new to Vishal, driving incremental sales.
Private brands, contributing 75%+ to revenues, remain a growth driver, with increasing customer adoption in both offline and quick commerce channels.

2 more points management made on revenue & sales performance

Profitability & Margins

Vishal Mega Mart reported strong Q1 FY27 results with 18.7% revenue growth and 19.3% Operating EBITDA growth YoY.
Operating EBITDA margin improved slightly from 10.3% to 10.4%.
Profit after tax (PAT) grew 25.6% YoY; PAT margin increased from 6.6% to 6.9%.
Management expressed confidence in sustaining current gross margin levels assuming stable cost structure; no significant challenges anticipated.
Quick commerce and private brands are driving incremental growth, with quick commerce contributing ~5% revenue in most stores.
New store openings, including small-format stores, continue to expand, with potential for around 3,000 small stores in the future.

2 more points management made on profitability & margins

See what Vishal Mega Mart Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned

The transcript on the provided pages does not explicitly mention specific current or future capex, capital investment, or strategic investment plans for Vishal Mega Mart Limited. However, relevant points inferred include: - Continued rollout and implementation of RFID technology across stores for better inventory management and shrink reduction; full rollout expected to take slightly over 1 year. - Expansion plans for the small store format primarily in Uttar Pradesh and Haryana, with planned acceleration of small format store openings; opportunity for approximately 3,000 small format stores countrywide. - Launch of new store formats underway with pilot stores about to be launched.

2 more points management made on capital expenditure plans

Top-ranked in Retailing

Ranked on what management guided this quarter

5x potential

1V2 Retail₹7.8K Cr

Rev 1Mar 3

2Entero Healthcar₹7.5K Cr

Rev 2Mar 2

3₹688 Cr

Rev 2Mar 2

4₹3.2L Cr

Rev 2Mar 3

5₹1.2L Cr

Rev 2Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

There is no mention of any current or planned fundraising through debt or equity in the provided transcript.
The discussion does not highlight any intentions or plans for raising additional funds.
The focus is largely on operational performance, store expansion, private brand growth, and cost optimization.

2 more points management made on fundraising & capital structure

See what Vishal Mega Mart Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript of Vishal Mega Mart Limited's Q1 FY27 Earnings Conference Call does not provide specific details about the current or expected order book or pending orders. The discussion primarily covers: - Financial performance highlights including revenue, EBITDA, PAT, and margins. - Store expansions: 27 new stores added in the quarter, totaling 819 stores across 559 cities. - Quick commerce expansion: 767 stores across 520 cities. - New retail formats including small format stores progressing with pilot launches.

2 more points management made on order book & pipeline

Vishal Mega Mart Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹3.1K Cr, net profit ₹168 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Vishal Mega Mart Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Vishal Mega Mart Ltd Q1 FY27 results?

What is Vishal Mega Mart Ltd share price analysis?

Vishal Mega Mart Ltd currently shows a below-average growth signal. The stock trades at a P/E of 53.9 with a market cap of ₹48,090 Cr. Investors should review the full earnings analysis for detailed insights.

Is Vishal Mega Mart Ltd planning capital expenditure?

The transcript on the provided pages does not explicitly mention specific current or future capex, capital investment, or strategic investment plans for Vishal Mega Mart Limited.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.