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31 Dec 2025 |
Vishal Mega Mart
|
Consensus Share Price Target
|
134.85 |
159.64 |
- |
18.38 |
buy
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17 Dec 2025
|
Vishal Mega Mart
|
Emkay
|
134.85
|
180.00
|
133.85
(0.75%)
|
33.48 |
Buy
|
|
|
We met Gunender Kapur, Investor CEO - Vishal Mega Mart (VMM), to assess the progress on our thesis around sustenance of double-digit SSG, 2.5x expansion opportunity, and retention of best-in-class RoIC (~40%) for VMM.
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16 Dec 2025
|
Vishal Mega Mart
|
Motilal Oswal
|
134.85
|
170.00
|
136.00
(-0.85%)
|
26.07 |
Buy
|
|
|
Management remains optimistic about sustaining double-digit SSSG on an annual basis (quarterly deviations might happen due to a change in the festive season, etc.) for a fairly long period, driven by differentiated own brands portfolio (~75% of the revenue mix).
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10 Dec 2025
|
Vishal Mega Mart
|
ICICI Securities Limited
|
134.85
|
175.00
|
131.04
(2.91%)
|
29.77 |
Buy
|
|
|
High confidence on Kerala TAM opening up in a material way was one of the major takeaways from our meeting with GK. Strong traction in Kerala with a ~100-store opportunity; entry in Tamil Nadu will be in a phased manner to protect store economics.
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14 Nov 2025
|
Vishal Mega Mart
|
ICICI Securities Limited
|
134.85
|
175.00
|
136.94
(-1.53%)
|
29.77 |
Buy
|
|
|
VMM sustained its strong growth momentum (+22.4% YoY revenue growth), driven by 12.8% SSSG and healthy retail area expansion. Profitability surprised us positively, driven by better revenue mix (higher apparel sales), operational efficiencies and operating leverage.
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14 Nov 2025
|
Vishal Mega Mart
|
Motilal Oswal
|
134.85
|
180.00
|
136.94
(-1.53%)
|
33.48 |
Buy
|
|
|
Vishal Mega Mart (VMM) delivered another strong quarter, with ~22% YoY revenue growth, led by 25 net store additions (+15% YoY) and robust ~12.8% adjusted SSSG, benefiting from an early festive season.
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29 Aug 2025
|
Vishal Mega Mart
|
FundsIndia
|
134.85
|
177.00
|
149.10
(-9.56%)
|
31.26 |
Buy
|
|
|
|
|
16 Jul 2025
|
Vishal Mega Mart
|
Motilal Oswal
|
134.85
|
165.00
|
137.63
(-2.02%)
|
22.36 |
Buy
|
|
|
Vishal Mega Mart (VMM) is one of India’s largest offline-first value retailers, catering to a population of ~1b across the middle- and low-income segments.
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07 Apr 2025
|
Vishal Mega Mart
|
ICICI Securities Limited
|
134.85
|
140.00
|
102.49
(31.57%)
|
Target met |
Buy
|
|
|
Vishal Mega Mart’s (VMM) private label strategy in FMCG (~27% of revenue) has been important for its success story, redefining value for consumers. High presence of large-pack SKUs and reputed manufacturers for its private label brands.
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11 Dec 2024
|
Vishal Mega Mart
|
HDFC Securities
|
134.85
|
|
|
|
IPO Note
|
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Issue Snapshot: Issue Open: December 11 December 13, 2024 Price Band: Rs. 74 78 *Issue Size: Up to Rs 8000 cr (Entirely Offer for sale) Reservation for: QIB upto 50% eq sh Non-Institutional alteast 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail alteast 35% eq sh Face Value: Rs 10 Book value: Rs 13.14 (September 30, 2024) Bid size: - 190 equity shares and in multiples thereof 100% Book built Issue IPO Note - Vishal Mega Mart Limited
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10 Dec 2024
|
Vishal Mega Mart
|
Anand Rathi
|
134.85
|
|
|
|
IPO Subscribe
|
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We believe that the IPO is fairly priced and recommend a “Subscribe-Long term” rating to the IPO.
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10 Dec 2024
|
Vishal Mega Mart
|
Hem Securities
|
134.85
|
|
|
|
IPO Subscribe
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09 Dec 2024
|
Vishal Mega Mart
|
Ashika Research
|
134.85
|
|
|
|
IPO Subscribe
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|
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09 Dec 2024
|
Vishal Mega Mart
|
SBI Securities
|
134.85
|
|
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IPO Subscribe
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