|
15 Apr 2025 |
V-Mart Retail
|
Consensus Share Price Target
|
3148.95 |
4171.67 |
- |
32.48 |
buy
|
|
|
|
|
08 Feb 2025
|
V-Mart Retail
|
Anand Rathi
|
3148.95
|
5150.00
|
3464.55
(-9.11%)
|
63.55 |
Buy
|
|
|
Continually good offline margins, lower Limeroad losses and efficiency measures pushed up V-Mart’s Q3 EBITDA margin to 16.7%, considerably above ARe.
|
|
06 Feb 2025
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
4370.00
|
3553.65
(-11.39%)
|
38.78 |
Buy
|
|
|
With a 24% upside potential from the CMP, we maintain our BUY rating on the stock.
|
|
05 Feb 2025
|
V-Mart Retail
|
Motilal Oswal
|
3148.95
|
3850.00
|
3517.50
(-10.48%)
|
22.26 |
Neutral
|
|
|
V-Mart Retail’s (VMART) revenue grew 16% YoY in 3QFY25, led by strong SSSG (10%) and store additions. EBITDA beat our estimate by 12%, aided by improvement in gross margin for offline format, lower losses in LimeRoad (LR), and benefits from unprofitable store closures in Unlimited.
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|
01 Feb 2025
|
V-Mart Retail
|
CD Equisearch
|
3148.95
|
2408.00
|
3397.40
(-7.31%)
|
23.53 |
Sell
|
|
|
|
|
21 Dec 2024
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
4180.00
|
3780.30
(-16.70%)
|
32.74 |
Buy
|
|
|
We recommend a BUY rating on the stock with a near-term TP of Rs 4,180/share, implying an upside of 10% from the CMP.
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|
31 Oct 2024
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
5000.00
|
4258.95
(-26.06%)
|
58.78 |
Buy
|
|
|
With a 12% upside potential from the CMP, we maintain our BUY rating on the stock.
|
|
30 Oct 2024
|
V-Mart Retail
|
Motilal Oswal
|
3148.95
|
4750.00
|
4481.55
(-29.74%)
|
50.84 |
Neutral
|
|
|
V-Mart Retail’s (VMART) revenue grew 20% YoY in 2QFY25, led by strong SSSG and store additions.
|
|
07 Aug 2024
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
3650.00
|
3469.45
(-9.24%)
|
Target met |
Buy
|
|
|
With a 12% upside potential from the CMP, we maintain our buy rating on the stock.
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|
06 Aug 2024
|
V-Mart Retail
|
Motilal Oswal
|
3148.95
|
3500.00
|
3252.80
(-3.19%)
|
Target met |
Neutral
|
|
|
VMART’s EBITDA jumped 89% YoY (beat) in 1QFY25, aided by 11% SSSG, a reduction in Limeroad losses and controlled ad spending.
|
|
20 Jul 2024
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
3450.00
|
3201.65
(-1.65%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock with a near-term TP of Rs 3,450/share, implying an upside of 10% from the CMP.
|
|
16 May 2024
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
2400.00
|
2230.20
(41.20%)
|
Target met |
Buy
|
|
|
With a 12% upside potential from the CMP, we maintain our BUY rating on the stock.
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|
15 May 2024
|
V-Mart Retail
|
ICICI Securities Limited
|
3148.95
|
2100.00
|
2146.50
(46.70%)
|
Target met |
Hold
|
|
|
Key highlights from V-Mart Retail’s Q4FY24 result: (1) Steady 5% YoY SSSG in VMART, (2) sharp improvement in Unlimited SSSG at 13% (vs 1% in Q3) driven by higher volume growth despite 10% YoY reduction in ASP.
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|
09 Feb 2024
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
2450.00
|
2164.65
(45.47%)
|
Target met |
Buy
|
|
|
Recommendation: With a 12% upside potential from the CMP, we maintain our BUY rating on the stock.
|
|
07 Feb 2024
|
V-Mart Retail
|
Motilal Oswal
|
3148.95
|
2100.00
|
2120.70
(48.49%)
|
Target met |
Neutral
|
|
|
|
|
16 Jan 2024
|
V-Mart Retail
|
CD Equisearch
|
3148.95
|
1900.00
|
2079.50
(51.43%)
|
Target met |
Hold
|
|
|
|
|
08 Nov 2023
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
1870.00
|
1689.80
(86.35%)
|
Target met |
Buy
|
|
|
With an 11% upside potential from the CMP, we maintain our BUY rating on the stock.
|
|
07 Nov 2023
|
V-Mart Retail
|
Motilal Oswal
|
3148.95
|
1700.00
|
1680.35
(87.40%)
|
Target met |
Neutral
|
|
|
|
|
11 Aug 2023
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
2650.00
|
2338.50
(34.66%)
|
Target met |
Buy
|
|
|
We have maintained our FY24/25 EBITDA estimates as the demand environment and business are likely to stabilize in coming quarters and hence we maintain our BUY recommendation on the stock as most of the factors have already been reflected in the CMP.
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|
11 Aug 2023
|
V-Mart Retail
|
ICICI Securities Limited
|
3148.95
|
2550.00
|
2388.55
(31.84%)
|
Target met |
Accumulate
|
|
|
Result has been underwhelming. Revenue growth was primarily led by retail expansion, while SSSG registered modest decline (-3%). Sharp correction (value repositioning) in ASP (-6%) impacted the revenue performance of Unlimited (+4% YoY) vs VMART (+15% YoY).
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|
19 May 2023
|
V-Mart Retail
|
Axis Direct
|
3148.95
|
2500.00
|
2041.60
(54.24%)
|
|
Buy
|
|
|
Recommendation With a 22% upside potential from the CMP, we maintain our BUY rating on the stock.
|