With basic needs in rural India being fulfilled through government initiatives, such as free food schemes and cash handouts for women, disposable incomes have risen, driving growth in aspirational spends that benefits value fashion retailers.

V-Mart Retail has gained 56.59% in the last 6 Months

V-Mart Retail Ltd.

11 Nov 2025

798.90

-1.22%

Margin improvement continues; valuations attractive

Buy: V-Mart Retail Ltd.

Motilal Oswal

V-Mart Retail’s (VMART) delivered 22% YoY revenue growth, on the back of 11% blended SSSG, partly boosted by the early festive season.

V-Mart Retail Ltd. has an average target of 933.00 from 3 brokers.

V-Mart Retail Ltd.

01 Oct 2025

798.90

-1.22%

V Mart Retail Ltd

Buy: V-Mart Retail Ltd.

Ventura

Capitalizing on India's Apparel Revolution Growth, Expansion, and Profitability Unleashed

V-Mart Retail Ltd. has an average target of 933.00 from 3 brokers.

V-Mart Retail Ltd.

19 Aug 2025

798.90

-1.22%

Axis Punch:V-Mart Retail

Buy: V-Mart Retail Ltd.

Target

Axis Direct

We recommend a BUY rating on the stock with a TP of Rs 845/share, implying an upside of 10% from the CMP.

V-Mart Retail has gained 56.59% in the last 6 Months

V-Mart Retail Ltd.

28 Jul 2025

798.90

-1.22%

Result Update:V-Mart Retail

Buy: V-Mart Retail Ltd.

Axis Direct

With an 18% upside potential from the CMP, we maintain our BUY rating on the stock.

V-Mart Retail has gained 56.59% in the last 6 Months

V-Mart Retail Ltd.

27 Jul 2025

798.90

-1.22%

Margin betterment, continued network expansion; maintaining a Buy

Buy: V-Mart Retail Ltd.

Anand Rathi

Lower Limeroad losses, greater operational efficiencies and better offline margins drove a 166bp y/y higher EBITDA margin to 14.3% (~200bps above ARe and consensus).

Number of FII/FPI investors increased from 124 to 135 in Jun 2026 qtr.

Is V Mart Retail Ltd. worth buying?

96 Votes:

Buy 73.96%

Sell 14.58%

Hold 11.46%

RESEARCH REPORTS

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Buy SEE REPORTS >

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