NSE: VMART | BSE: 534976

Mid-range Performer

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749.10 0.75 (0.10%)

High volume today

NSE 02 Sep, 2025 11:54 AM (IST)

5,946.9

Market Cap

Below industry Median

0.8

Beta 1Year

Very Low volatility

V-Mart Retail Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for VMART, BSE:534976 V-Mart Retail Ltd.

V-Mart Retail Ltd.

06 Feb 2020

749.10

0.10%

V-Mart Retail (REDUCE): Margins surprise positively

Sell: V-Mart Retail Ltd.

Target

BOB Capital Markets Ltd.

V-Mart Retail (VMART) reported below-expected Q3FY20 revenue growth of 21% YoY to Rs 5.6bn, with SSSg of 1%.

Axis Direct decreased Buy price target of V-Mart Retail Ltd. to 845.0 on 19 Aug, 2025.

V-Mart Retail Ltd.

29 Nov 2019

749.10

0.10%

V-Mart Retail Ltd

Sell: V-Mart Retail Ltd.

Recommendation Target

CD Equisearch

without the adjustment, operating loss would have been to the tune of Rs 7.87 crs/$1.1m (vs loss of Rs 3.86 crs/$0.6m in Q2FY19). Higher depreciation expense and finance cost due to lease rental adjustment dented PBT (loss of Rs 22.88 crs/$3.3m vs loss of Rs 9.68 crs/$1.4m...

V-Mart Retail Ltd. has an average target of 1026.50 from 4 brokers.

V-Mart Retail Ltd.

08 Nov 2019

749.10

0.10%

V-Mart Retail Ltd: Re-aligning Business to the New Trends

Hold: V-Mart Retail Ltd.

Target

Karvy

Store additions continue to be mainly focussed on Tier I and sale of higher value products set the theme for Q2FY20.

V-Mart Retail Ltd. is trading at high day volume of 424.1K.

V-Mart Retail Ltd.

05 Nov 2019

749.10

0.10%

First Light | Weekly Eco Wrap, V-Mart Retail

V-Mart Retail Ltd.

BOB Capital Markets Ltd.

Weekly Eco Wrap: US-China trade deal to remain in focus. VMART: Higher expenses drive operating loss

V-Mart Retail Ltd. is trading below all available SMAs

V-Mart Retail Ltd.

04 Nov 2019

749.10

0.10%

V-Mart Retail (REDUCE): Higher expenses drive operating loss

Sell: V-Mart Retail Ltd.

Target

BOB Capital Markets Ltd.

V-Mart Retail (VMART) reported below-expected revenue growth of 20% YoY to Rs 3.1bn in Q2FY20, with SSSg of 1% (volumes 8%).

V-Mart Retail Ltd. has an average target of 1026.50 from 4 brokers.

V-Mart Retail Ltd.

04 Nov 2019

749.10

0.10%

High opex, slowing SSSG/footfall drag profitability

Neutral: V-Mart Retail Ltd.

Target

Motilal Oswal

4 November 2019 After adopting an aggressive pricing strategy to tackle competitive pressure, VMART curtailed discounts in EOSS, which led to healthy revenue growth of 20% YoY to INR3.1b (in-line) and an improvement in the gross margin by 200bp YoY in 2QFY20. However, SSSG (+1% YoY) and volumes (-8% YoY) were muted in the quarter due to a 14% decline in footfall/sq.ft, even as ATP and transaction size improved by 16% YoY. Further, expenses related to new stores, marketing and logistics led to a net loss of INR106m, which was cushioned by tax credit from adoption of the new tax regime. For 1H, revenue/EBITDA stood at INR7.7b (+26% YoY)/INR316m (-24% YoY). (3) In 2QFY20, footfall per store declined by 4- 5% YoY and volumes were down 8% YoY due to weak consumer spending, potential competition from online and as new store are yet to realize full potential. V-Mart remains aggressive on store addition (+45/55 in FY20/21E), despite the slowdown in consumer spending.

V-Mart Retail Ltd. is trading at high day volume of 424.1K.

V-Mart Retail Ltd.

19 Aug 2019

749.10

0.10%

V-Mart Retail Ltd: Revamping of Stores Aids in Major Overhaul

Hold: V-Mart Retail Ltd.

Target

Karvy

On the back of rationalization of stores, (a net of 24 stores lesser in Tier II in comparison with Q4FY19), same store sales growth (SSSG) grew by 5.2% in Q1FY20 vs 1.2 percent in the same period in the last fiscal.

V-Mart Retail Ltd. has an average target of 1026.50 from 4 brokers.

V-Mart Retail Ltd.

05 Aug 2019

749.10

0.10%

V-Mart Retail (REDUCE): Margins continue to disappoint

Sell: V-Mart Retail Ltd.

Target

BOB Capital Markets Ltd.

V-Mart Retail's (VMART) Q1FY20 revenue growth was in line at 26% YoY, with SSSg of 5.2%.

V-Mart Retail Ltd. is trading at high day volume of 424.1K.

V-Mart Retail Ltd.

05 Aug 2019

749.10

0.10%

Margin weakness reflective of intense competition; remains aggressive on footprint expansion though

Neutral: V-Mart Retail Ltd.

Motilal Oswal

Healthy revenue growth but margins shrink in a weak market: Revenue grew 25% YoY to INR4.5b (8% beat), led by rapid store addition (+13 to 227) and high SSSG of 5.2% YoY (our estimate: +4.5%). That said, we note that the market environment was not very conducive, with higher RM cost (+31% YoY due to intense competition), contained product pricing and various promotional offers impacting the gross margin by 300bp. On a pre-Ind-AS 116 basis, EBITDA declined 9% YoY to INR393m (at INR578m on a post IndAs 116 basis), with the margin contracting sharply by 330bp YoY to 8.7%....

V-Mart Retail Ltd. is trading below all available SMAs

V-Mart Retail Ltd.

30 May 2019

749.10

0.10%

V-Mart Retail Ltd

Buy: V-Mart Retail Ltd.

Recommendation Target

CD Equisearch

Mart posted a modest topline growth of 15.9% (yoy) last quarter, supported by same store sales growth of 4% and launch of 15 new stores. It has continued its focus on fashion, which constituted ~93% of Q4FY19 sales.. Although average selling price of apparel stood at Rs 334/$4.7 in Q4FY19 vs Rs 321/$5.0 in Q4FY18 (Rs 320/$4.6 for FY19 compared to Rs 323/$5.0 a year before), total average verage selling price remained flat yoy last...

V-Mart Retail Ltd. is trading below all available SMAs

Is V Mart Retail Ltd. worth buying?

92 Votes:

Buy 73.91%

Sell 15.22%

Hold 10.87%

RESEARCH REPORTS

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