VM

Vishal Mega Mart Ltd

Q4 FY26Retailing

Vishal Mega Mart Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price106
Market cap₹48.1K Cr
P/E53.9
Updated23 Sept 2026
Read4 min read

The short version

Vishal Mega Mart expects continued strong growth in same-store sales with double-digit growth in legacy stores. Vishal Mega Mart remains optimistic about growth in FY27 despite inflation and macro challenges.

From Vishal Mega Mart Ltd's Q4 FY26 earnings-call transcript · updated 23 Sept 2026.

Revenue & Sales Performance

  • Vishal Mega Mart expects continued strong growth in same-store sales with double-digit growth in legacy stores.
  • New store openings will continue aggressively, with 105 stores added in FY26 and plans to increase further despite macro challenges.
  • Growth is volume-led but includes some premiumization as customers shift to higher price points.
  • The company aims to add new formats to reach more consumers, though details are early stage.
  • Private brands, contributing 74.1% of revenue, cushion customers against inflation and support sustained demand.
  • Advertising and fashionability improvements are driving higher growth in the fashion segment.

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 actively expanding its store network, having opened 105 stores during FY '26, including 25 in Q4, with plans to continue aggressive expansion.
  • The company is exploring opportunities for new store formats beyond its existing legacy stores to reach more consumers; this initiative is in early stages and under consumer research.
  • No specific details on capex amounts were disclosed, but investment in growth initiatives continues, including marketing and product fashionability improvements.
  • The healthy cash flow and robust balance sheet enable continued investments, but no dividend policy changes were announced as that depends on the Board.

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 the Vishal Mega Mart Limited document do not contain specific information about the company's current or expected orderbook or pending orders. The discussion primarily revolves around: - Revenue contribution from private brands (approximately 74.1%) - Store performance and same-store sales growth (SSSG) including legacy and new stores - Pricing strategies amidst inflationary pressures - Supplier price increases (fabric prices increasing at about 10-11%) - Store expansion details (105 stores added in FY '26, total 795 stores)

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 Q4 FY26 results?

Vishal Mega Mart expects continued strong growth in same-store sales with double-digit growth in legacy stores. Vishal Mega Mart remains optimistic about growth in FY27 despite inflation and macro challenges.

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 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?

Vishal Mega Mart is actively expanding its store network, having opened 105 stores during FY '26, including 25 in Q4, with plans to continue aggressive expansion.

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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.