Latest: Vishal Mega Mart Ltd Q2 FY27 results →All Q2 FY26 results →
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Vishal Mega Mart Ltd

Q2 FY26Retailing

Vishal Mega Mart Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹103
Market cap₹49.3K Cr
P/E55.3
Updated23 Aug 2026
Read3 min read

The short version

Vishal Mega Mart is optimistic about future growth due to GST rationalization, income tax rate cuts, and good crop expectations from extended monsoon rains. Management remains optimistic about future growth, supported by GST rationalization, income tax relief for the middle-income group, and good agricultural output.

From Vishal Mega Mart Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Vishal Mega Mart is optimistic about future growth due to GST rationalization, income tax rate cuts, and good crop expectations from extended monsoon rains.
  • Organized retail is still a small part of total consumption; many Indians remain outside the consuming class, presenting a large growth opportunity.
  • Same-store sales growth (SSSG) is currently driven mainly by volume growth through new customers and existing customers buying more items.
  • Upgradation to higher price points is being facilitated by adding more fashionable, better-quality merchandise, especially beyond the highest existing price points.
  • Quick Commerce is expanding rapidly, contributing up to 9%+ of revenue in some regions and attracting younger, new customers.

2 more points from Vishal Mega Mart Ltd's call on revenue

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Profitability & Margins

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

Capital Expenditure Plans

  • Vishal Mega Mart plans significant investments in supply chain infrastructure, including a 600,000 sq. ft. fully automated warehouse near Gurgaon, Haryana, with plans for additional strategic warehouses across the country.
  • Continued accelerated store openings, including expansion into new states like Gujarat, Maharashtra, and Tamil Nadu, along with scaling up of smaller store formats in towns with approximately 50,000 population.
  • Investments to cover geographic white spaces, especially in southern regions such as Kerala, where smaller store sizes closer to customers are being adopted.

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Top-ranked in Retailing

Ranked on what management guided this quarter

Guidance-ranked
1V2 Retail Ltd
Rev 1Mar 3
2Rentomojo
Rev 1Mar 3
3
Rev 2Mar 2
4
Rev 2Mar 2
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Vishal Mega Mart Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹3.4K Cr, net profit ₹158 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Vishal Mega Mart Ltd Q2 FY26 results?

Vishal Mega Mart is optimistic about future growth due to GST rationalization, income tax rate cuts, and good crop expectations from extended monsoon rains. Management remains optimistic about future growth, supported by GST rationalization, income tax relief for the middle-income group, and good agricultural output.

What is Vishal Mega Mart Ltd share price analysis?

Vishal Mega Mart Ltd currently shows a neutral. The stock trades at a P/E of 55.3 with a market cap of ₹49,284 Cr. Investors should review the full earnings analysis for detailed insights.

Is Vishal Mega Mart Ltd planning capital expenditure?

Vishal Mega Mart plans significant investments in supply chain infrastructure, including a 600,000 sq.

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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.