VM

Vishal Mega Mart Ltd

Q3 FY26Retailing

Vishal Mega Mart Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price103
Market cap₹49.3K Cr
P/E55.3
Updated23 Aug 2026
Read4 min read

The short version

Vishal Mega Mart expects continued positive consumption demand driven by GST benefits and income tax changes, though some short-term issues like delayed winter and weather affected recent quarters. Vishal Mega Mart expects a continued same-store sales growth (SSSG) around 10% near to medium term (Page 6).

From Vishal Mega Mart Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Vishal Mega Mart expects continued positive consumption demand driven by GST benefits and income tax changes, though some short-term issues like delayed winter and weather affected recent quarters.
  • The company is confident that the full impact of these reforms will materialize, leading to increased consumer spending.
  • Same-store sales growth (SSSG) is expected to be around 10% in the near to medium term.
  • Revenue growth is targeted at approximately 19-20% annually.
  • Store expansion is ongoing with a guidance of opening 80 to 100 new stores per year, with enhanced execution capacity to add more if opportunities arise.
  • Smaller format stores pilots show promising financial outcomes comparable to larger stores, suggesting potential for scaling.

2 more points management made on revenue & sales performance

Profitability & Margins

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

Capital Expenditure Plans

  • Vishal Mega Mart is focusing on expanding store additions, with a guidance of 80 to 100 new stores in the next year.
  • They have increased their capacity to add new stores but remain cautious to only open profitable and growth-oriented locations.
  • The company is piloting smaller format stores, which have shown performance comparable to larger stores, with plans to scale from 10 to possibly 30-40 stores in the next 1-2 years after validation.

2 more points management made on capital expenditure plans

Top-ranked in Retailing

Ranked on what management guided this quarter

5x potential
1V2 Retail
Rev 1Mar 3
2Entero Healthcar
Rev 2Mar 2
3
Rev 2Mar 2
4
Rev 2Mar 3
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.

Fundraising & Capital Structure

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

Order Book & Pipeline

The provided pages from Vishal Mega Mart Limited's January 28, 2026 report do not include specific information about the company's current or expected order book or pending orders. The discussion mainly focuses on: - Same-store sales growth and regional performance - New store openings and expansion strategy - Consumer sentiment and pricing strategy in different towns

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.

Full financials →

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Frequently Asked Questions

What were Vishal Mega Mart Ltd Q3 FY26 results?

Vishal Mega Mart expects continued positive consumption demand driven by GST benefits and income tax changes, though some short-term issues like delayed winter and weather affected recent quarters. Vishal Mega Mart expects a continued same-store sales growth (SSSG) around 10% near to medium term (Page 6).

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 is focusing on expanding store additions, with a guidance of 80 to 100 new stores in the next year.

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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.