āagmanLoginNot investment advice. Data and computed figures, for information only.
V-Mart Retail Ltd
₹802.25
−₹25.40 (−3.07%)
NSE · 15 Oct 2026, close
Market Cap
₹6,541 Cr
CMP
₹802.25
52-wk High / Low
₹883 / 458
P/E
47.2
P/B
6.9
Book Value
₹120.0
Div Yield
0.12%
ROCE
13.0%
ROE
14.2%
Face Value
₹10
D/E
1.01
Price−6.0% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹205
√(22.5 × EPS × book value per share)
ROIC
9.1%
vs 7.6% sector median
Cash flow to profit
4.04
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+55
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
13.4%
ROE × earnings retention ratio
ROE stability
8.6
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.05FII −0.45DII −0.97
Latest quarter vs the previous one
Cash-accrual divergence
−14.5%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.2x)
+Price is within 10% of its 52-week high (-9.1%)
+FII holding rose by 2.3pp over the last year
Watch-outs
−Borrowings are up 3448.1% since FY2016 (27 to 958)
−Promoter holding fell by 0.2pp over the last year
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 679 | 549 | 889 | 669 | 786 | 661 | 1,027 | 780 | 885 | 807 | 1,126 | 971 | 1,089 |
| Expenses | 626 | 549 | 769 | 628 | 687 | 622 | 855 | 712 | 759 | 735 | 917 | 865 | 928 |
| Operating Profit | 52 | 1 | 120 | 40 | 99 | 39 | 171 | 68 | 126 | 72 | 210 | 106 | 161 |
| OPM % | 7.7% | 0.2% | 13.5% | 6.0% | 12.6% | 5.9% | 16.7% | 8.7% | 14.2% | 8.9% | 18.7% | 10.9% | 14.8% |
| Other Income | 2 | 2 | 13 | 4 | 5 | 2 | 3 | 27 | 3 | 3 | 2 | 6 | 3 |
| Interest | 33 | 36 | 38 | 36 | 37 | 39 | 42 | 17 | 18 | 17 | 21 | 19 | 20 |
| Depreciation | 50 | 53 | 58 | 61 | 57 | 59 | 63 | 54 | 68 | 71 | 78 | 80 | 84 |
| Profit before tax | −29 | −86 | 37 | −52 | 9 | −58 | 70 | 23 | 43 | −14 | 113 | 13 | 60 |
| Net Profit | −22 | −64 | 28 | −39 | 12 | −57 | 72 | 19 | 34 | −9 | 88 | 11 | 47 |
| EPS (₹) | −2.77 | −8.11 | 3.57 | −4.92 | 1.53 | −7.14 | 9.04 | 2.34 | 4.23 | −1.12 | 11.08 | 1.42 | 5.93 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 720 | 809 | 1,002 | 1,222 | 1,434 | 1,662 | 1,075 | 1,666 | 2,465 | 2,786 | 3,254 | 3,789 | 3,993 |
| Expenses | 657 | 747 | 917 | 1,090 | 1,301 | 1,448 | 944 | 1,462 | 2,196 | 2,570 | 2,874 | 3,276 | 3,445 |
| Operating Profit | 64 | 62 | 85 | 133 | 133 | 214 | 131 | 204 | 269 | 215 | 380 | 514 | 548 |
| OPM % | 8.9% | 7.7% | 8.5% | 10.9% | 9.3% | 12.9% | 12.2% | 12.2% | 10.9% | 7.7% | 11.7% | 13.6% | 13.7% |
| Other Income | 0 | 2 | 4 | 4 | −4 | 4 | 21 | 14 | 15 | 19 | 34 | 14 | 14 |
| Interest | 4 | 3 | 4 | 2 | 2 | 55 | 59 | 77 | 117 | 142 | 136 | 75 | 77 |
| Depreciation | 5 | 19 | 19 | 23 | 28 | 94 | 103 | 131 | 180 | 222 | 233 | 297 | 313 |
| Profit before tax | 55 | 42 | 67 | 112 | 100 | 70 | −10 | 10 | −13 | −130 | 44 | 155 | 171 |
| Net Profit | 37 | 28 | 44 | 78 | 62 | 49 | −6 | 12 | −8 | −97 | 46 | 124 | 138 |
| EPS (₹) | 5.18 | 3.82 | 6.07 | 10.73 | 8.50 | 6.80 | −0.79 | 1.47 | −0.99 | −12.23 | 5.78 | 15.61 | 17.31 |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 20 | 20 | 20 | 20 | 20 | 79 | — |
| Reserves | 187 | 213 | 252 | 329 | 391 | 441 | 806 | 830 | 829 | 727 | 790 | 872 | — |
| Borrowings | 31 | 27 | 36 | 1 | 0 | 517 | 568 | 902 | 1,332 | 1,391 | 783 | 958 | — |
| Other Liabilities | 93 | 126 | 185 | 202 | 222 | 248 | 234 | 348 | 562 | 707 | 844 | 871 | — |
| Total Liabilities | 329 | 383 | 491 | 550 | 632 | 1,224 | 1,627 | 2,099 | 2,743 | 2,845 | 2,436 | 2,780 | — |
| Fixed Assets | 98 | 110 | 117 | 145 | 165 | 667 | 697 | 1,111 | 1,445 | 1,661 | 1,039 | 1,366 | — |
| CWIP | 1 | 2 | 1 | 4 | 4 | 2 | 2 | 6 | 109 | 4 | 4 | 8 | — |
| Investments | 22 | 32 | 72 | 34 | 61 | 8 | 319 | 125 | 9 | 5 | 5 | 18 | — |
| Other Assets | 208 | 238 | 300 | 368 | 402 | 546 | 609 | 857 | 1,179 | 1,176 | 1,388 | 1,387 | — |
| Total Assets | 329 | 383 | 491 | 550 | 632 | 1,224 | 1,627 | 2,099 | 2,743 | 2,845 | 2,436 | 2,780 | — |
Cash Flows
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 40 | 46 | 69 | 58 | 76 | 86 | 149 | −11 | 177 | 386 | 349 | 501 |
| Cash from Investing Activity | −19 | −37 | −73 | −8 | −73 | 1 | −419 | 124 | −159 | −118 | −122 | −174 |
| Cash from Financing Activity | −20 | −10 | 5 | −38 | −4 | −94 | 287 | −104 | −33 | −259 | −215 | −346 |
| Net Cash Flow | 1 | −1 | 1 | 11 | −1 | −8 | 17 | 8 | −15 | 9 | 12 | −20 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 26.0 | 18.0 | 25.0 | 35.0 | 29.0 | 18.0 | 4.0 | 5.0 | 5.0 | 1.0 | 8.0 | 13.0 |
| ROE % | — | — | — | — | — | — | — | — | — | — | — | 14.2 |
| EPS (₹) | 5.18 | 3.82 | 6.07 | 10.73 | 8.50 | 6.80 | −0.79 | 1.47 | −0.99 | −12.23 | 5.78 | 15.61 |
| Book Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 120.0 |
| Face Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 10 |
| P/E | — | — | — | — | — | — | — | — | — | — | — | 47.2 |
| Div Yield % | — | — | — | — | — | — | — | — | — | — | — | 0.12 |
| NPM % | 5.1 | 3.5 | 4.4 | 6.4 | 4.3 | 2.9 | −0.5 | 0.7 | −0.3 | −3.5 | 1.4 | 3.3 |
| OPM % | 9.0 | 8.0 | 8.0 | 11.0 | 9.0 | 13.0 | 12.0 | 12.0 | 11.0 | 8.0 | 12.0 | 14.0 |
| D/E | 0.15 | 0.12 | 0.13 | 0.00 | 0.00 | 1.13 | 0.69 | 1.06 | 1.57 | 1.86 | 0.97 | 1.01 |
| P/B | — | — | — | — | — | — | — | — | — | — | — | 6.9 |
Growth
Compounded sales growth
10 years+17.0%
5 years+29.0%
3 years+15.0%
TTM+19.0%
Compounded profit growth
10 years+17.0%
5 years+83.0%
3 years+144.0%
TTM+161.0%
Stock price CAGR
10 years+21.0%
5 years−4.0%
3 years+19.0%
Last year−4.0%
Return on equity
10 years5.0%
5 years1.0%
3 years2.0%
Last year14.0%
Documents
Announcements
Announcement under Regulation 30 (LODR)-Change in ManagementCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Business Update At The End Of Quarter 2 Of Financial Year 2026-27 (Q2FY27)Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationClosure of Trading WindowCorporate actions
17 Jul 2026DIVIDENDDividend - Re 1 Per Share—
23 Jun 2025BONUSBonus 3:1—
18 Aug 2022DIVIDENDDividend - Rs 0.75 Per Share—
24 Jul 2019DIVIDEND Annual General Meeting/Dividend - Rs 1.70 Per Share—
20 Jun 2018DIVIDEND Annual General Meeting/Dividend- Rs 2 Per Share—
8 Sep 2017DIVIDEND Annual General Meeting/Dividend - Re 1.25 Per Share—
20 Sep 2016DIVIDEND Annual General Meeting/ Dividend - Re 0.10/- Per Share—
28 Mar 2016DIVIDEND Interim Dividend - Rs 1.15/- Per Share (Purpose Revised)—
21 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Rs 1.50/- Per Share—
17 Sep 2014DIVIDENDAnnual General Meeting / Dividend - Re 1/- Per Share—
23 Sep 2013DIVIDENDAnnual General Meeting / Dividend - Re 1/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman