V-Mart Retail Ltd (VMART) AI Stock Analysis

• Market Cap: ₹65.97B
• Dividend Yield: N/A
• Average Volume (3M): 31.86K
• Price to Earnings (P/E): 98.1
• Beta (1Y): 0.78
• Revenue Growth: 16.45%
• EPS Growth: N/A
• Country: IN
• Employees: 9,827
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Department Stores
• EPS (TTM): -1.10
• Shares Outstanding: 79,387,130
• 10 Day Avg. Volume: 16,386
• 30 Day Avg. Volume: 31,857
• PEG Ratio: -1.15
• Price to Book (P/B): 7.29
• Price to Sales (P/S): 1.81
• P/FCF Ratio: 26.18
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: ₹892.00 ▲(14.04% Upside)

V-Mart Retail Ltd's overall stock score is driven by strong financial performance and stable technical indicators. However, the high P/E ratio suggests potential overvaluation, which tempers the overall score. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates effective market penetration and product appeal, supporting long-term business expansion and stability.

Profitability Improvement

Improved profitability reflects successful cost management and operational efficiency, enhancing the company's financial resilience.

Cash Flow Generation

Strong cash flow generation supports reinvestment in growth opportunities and provides a buffer against economic uncertainties.

Negative Factors

Leverage Concerns

Increased leverage may limit financial flexibility and increase risk, potentially impacting long-term financial health.

Free Cash Flow Decline

Declining free cash flow relative to net income suggests potential inefficiencies in cash management, which could affect liquidity.

High Valuation Risk

High valuation may limit upside potential and expose the stock to correction risks if growth expectations are not met.

V-Mart Retail Ltd Business Overview & Revenue Model

Company Description

V-Mart Retail Limited operates a chain of value retail departmental stores in India. Its stores offer a range of products, including apparels, footwear, accessories, and general merchandise for men, women, boys, girls, and infants, as well as home furnishings, toys and games, bags, kirana, crockery and utensils, and other products. As of June 30, 2022, the company operated a network of 391 stores. It also offers its products online. V-Mart Retail Limited was incorporated in 2002 and is based in Gurugram, India.

How the Company Makes Money

VMART generates revenue primarily through the sale of its diverse product offerings in its retail stores. The company's revenue model is based on a mix of direct sales from its brick-and-mortar outlets and potential online sales through e-commerce platforms. Key revenue streams include the sale of private-label products, which typically offer higher margins compared to branded items. VMART also benefits from economies of scale, allowing it to negotiate better terms with suppliers and reduce costs. Additionally, partnerships with various brands for exclusive product lines and promotional events further enhance its revenue potential. Seasonal promotions and discounts help drive foot traffic and increase sales volume, contributing significantly to its earnings.

V-Mart Retail Ltd Financial Statement Overview

Summary

V-Mart Retail Ltd exhibits strong financial performance with significant revenue growth and improved profitability. The company has transitioned from losses to positive net income, with strong EBIT and EBITDA margins. The balance sheet shows moderate leverage, and cash flow is stable with positive free cash flow growth, indicating potential for future investments and debt reduction.

Income Statement

V-Mart Retail Ltd has shown strong revenue growth with a significant increase in total revenue from the previous year. The gross profit margin is healthy at approximately 34.5%, indicating efficient cost management. Net profit margin has improved significantly from a negative to a positive position, showing profitability recovery. EBIT and EBITDA margins have also strengthened, reflecting improved operating performance.

Balance Sheet

The company has a moderate debt-to-equity ratio, suggesting a reasonable level of leverage. However, equity ratio has slightly decreased, indicating a greater proportion of assets financed by debt. Return on equity has improved, reflecting enhanced profitability and effective use of equity funding.

Cash Flow

Free cash flow has shown positive growth, indicating better cash generation capability. Operating cash flow to net income ratio is robust, demonstrating efficient cash conversion from earnings. However, there is a slight decline in free cash flow compared to net income, suggesting potential areas for improvement in cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	33.53B	32.54B	27.81B	24.65B	16.66B	10.75B
Gross Profit	10.14B	11.24B	9.38B	3.18B	5.54B	870.12M
EBITDA	4.03B	3.77B	2.34B	2.84B	2.18B	1.52B
Net Income	672.30M	457.70M	-967.60M	-78.49M	116.41M	-62.03M
Balance Sheet
Total Assets	23.13B	24.36B	28.45B	27.43B	20.99B	16.27B
Cash, Cash Equivalents and Short-Term Investments	447.00M	444.70M	488.50M	286.90M	1.54B	4.09B
Total Debt	7.02B	7.83B	13.91B	13.32B	9.02B	5.68B
Total Liabilities	-8.10B	16.26B	20.98B	18.94B	12.50B	8.01B
Stockholders Equity	8.10B	8.10B	7.47B	8.49B	8.50B	8.25B
Cash Flow
Free Cash Flow	0.00	2.26B	2.65B	-975.69M	-1.62B	1.08B
Operating Cash Flow	2.12B	3.49B	3.86B	1.81B	-112.52M	1.49B
Investing Cash Flow	-431.00M	-1.22B	-1.18B	-1.59B	1.24B	-4.19B
Financing Cash Flow	-1.81B	-2.15B	-2.59B	-373.60M	-1.04B	2.87B

V-Mart Retail Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 782.15
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VMART, the sentiment is Negative. The current price of 782.15 is below the 20-day moving average (MA) of 817.32, below the 50-day MA of 806.39, and below the 200-day MA of 800.71, indicating a bearish trend. The MACD of -5.95 indicates Positive momentum. The RSI at 43.58 is Neutral, neither overbought nor oversold. The STOCH value of 21.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:VMART.

V-Mart Retail Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARVIND	73 Outperform	₹93.57B	22.74	―	1.06%	8.84%	41.74%
SHARDAMOTR	66 Neutral	₹62.16B	18.39	―	2.81%	6.96%	6.33%
VMART	64 Neutral	₹65.97B	98.07	―	―	16.45%	―
V2RETAIL	62 Neutral	₹84.77B	105.49	―	―	65.91%	139.39%
ARVINDFASN	62 Neutral	₹70.11B	―	―	0.32%	10.72%	-115.52%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

V-Mart Retail Ltd Corporate Events

V-Mart Retail Releases Conference Call Recording

V-Mart Retail Ltd announced the availability of a recording from its recent conference call with analysts and investors, which took place on November 11, 2025. This move reflects the company’s commitment to transparency and engagement with its stakeholders, potentially impacting its market perception positively.

V-Mart Retail Announces Resignation of Senior Management Personnel

V-Mart Retail Ltd has announced the resignation of Mr. Syed Ali Athar, the Vice President of Skill Development & Training, effective from the close of business on November 08, 2025. This change in senior management is part of Mr. Athar’s decision to pursue personal opportunities, and it may impact the company’s training and development strategies moving forward.