The call ran from 4:01 PM to 4:57 PM IST (56 min).
Key takeaways
Revenue grew 18% (SSG 3%, adjusted like-for-like 11%) helped by festival shift; pre-Ind AS EBITDA rose 32% at a flat 0.6% margin. Management declined to give October same-store sales.
| Revenue growth | Revenue +18% YoY; adjusted like-for-like +11%, festival-shift affected. |
|---|---|
| Margins | Gross margin flat at 33.5%; pre-Ind AS EBITDA margin flat at 0.6%. |
| Demand visibility | Festive demand positive but below targets; inflation pressuring value consumers. |
| Management confidence | Defensive: declined October SSG, admits festive sales below targets. |
Growth
Revenue +18% with festival shift; SSG 3%, adjusted LFL 11%. Gross margin 33.5% vs 33.6%; post-Ind AS EBITDA margin 9% vs 8.9%.
Outlook
Undated 17-20% sales growth estimate; festive sales 'below our targets'; Lime Road topline flat to negative; Q3 expected stronger.
Risks
Intense competitor openings in East/Central belt; possible Q4 price hike if crude stays high; short-term borrowings ₹190 Cr vs ₹100 Cr at March.
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
V-Mart Retail Q2 FY27 Results: Net Loss of ₹16.3 Cr, Loss Widens
V-Mart Retail Ltd reported revenue from operations of ₹953 Cr (+18.1% YoY) and a net loss of ₹16.3 Cr for Q2 FY27.
- Key figure
- Net loss ₹16.3 Cr
What management said last time
Full summary →From the call summary published .
Outlook they gave
Guidance of 90+ new store openings for FY27; targeting mid-to-high single-digit SSSG.
Growth they described
Revenue grew 23% YoY; same-store sales growth (SSSG) at 9%, marking 11 consecutive quarters of growth.
Call details
| Company | V-mart Retail Ltd |
|---|---|
| NSE symbol | VMART |
| ISIN | INE665J01013 |
| Call | Q2 FY27 earnings call |
| Date | Wednesday, 4 November 2026 |
| Time | 4:00 PM IST |
| Length | 56 min |
| Audio | Our stream on YouTube ↗ |
V-mart Retail Ltd: key numbers
- Share price
- ₹727.00
- Market cap
- ₹5,785 Cr
- Revenue (annual)
- ₹3,789 Cr
- Net profit (annual)
- ₹124.0 Cr
- P/E (TTM)
- 44.5×Sector 63.3×
- Promoter holding
- 44.14%-0.01% QoQ
- FII holding
- 16.41%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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