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Vishal Mega Mart’s shares surged after it reported an 88% YoY rise in net profit to INR 115.1 crore for the March quarter, driven by strong consumer demand and operational efficiency. Revenue grew 23.2% to INR 2,547.9 crore, while EBITDA rose 42.6% to INR 357 crore, with margins improving to 14%. For FY25, net profit reached INR 631.97 crore on revenue of INR 10,716.35 crore, up 36.8% and 20.2% respectively. With 668 stores, mainly in Tier-II and Tier-III cities, the company is benefiting from demand for affordable retail. Analysts remain bullish, with a ‘Buy’ rating and 16% upside potential.
Vishal Mega Mart witnessed a strong rally in its shares earlier this week after reporting a significant jump in its financial performance for the quarter ended March. The retail chain posted an 88% year-on-year (YoY) surge in net profit, reaching INR 115.1 crore, compared to INR 61.3 crore recorded in the same period a year ago. This growth was primarily driven by improved operational performance and rising consumer demand. Advertisement
The company's revenue from operations grew by 23.2% to INR 2,547.9 crore, up from INR 2,068.9 crore in the year-ago quarter. Its earnings before interest, tax, depreciation and amortisation (EBITDA) also saw a robust increase of 42.6%, rising to INR 357 crore. The EBITDA margin improved to 14% from 12.1% in the corresponding quarter last year, indicating improved cost management and higher operating efficiency.
For the full financial year, Vishal Mega Mart posted a net profit of INR 631.97 crore, marking a 36.8% rise over the previous fiscal. Its annual revenue stood at INR 10,716.35 crore, reflecting a healthy year-on-year growth of 20.2%.
As of the end of December, the company had a retail footprint of 668 stores across multiple cities, highlighting its continued focus on expanding presence in Tier-II and Tier-III cities. This network expansion has played a crucial role in capturing a wider customer base and boosting topline growth.
Analyst sentiment around the stock remains positive, with an average target price of INR 124, implying a potential upside of approximately 16% from current trading levels. Based on inputs from seven analysts, the stock currently carries a consensus rating of ‘Buy’, underscoring strong investor confidence in its growth outlook.
Vishal Mega Mart, known for offering value-focused merchandise to price-sensitive consumers, has been gaining traction amid increasing demand for affordable retail offerings. The company has been strategically positioning itself to tap into India’s fast-growing retail sector, particularly in underserved markets where organised retail penetration remains low.
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