Incorporated In 2001, Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials.
Q3 FY26 Earnings Results
- Revenue from Operations: ₹3,670.41 cr, +17.04% YoY vs ₹3,135.94 cr, +23.11% QoQ.
- EBITDA: ₹605.4 cr, +20% YoY vs ₹504.5 cr, margin 16.5% (+40 bps YoY).
- PAT: ₹312.92 cr, +19.1% YoY vs ₹262.7 cr, EPS ₹0.67 basic (+15.5% YoY).
- Other key metrics: SSSG 9.6% adjusted (despite 2.1% Durga Puja shift impact); 29 new stores opened; 9M YTD revenue ₹9,792 cr (+19.8% YoY), PAT ₹671 cr (+29.9% YoY).
Management Commentary & Strategic Decisions
- Strong festive demand and operational efficiency drove growth, with SSSG reflecting consumer traction despite calendar shifts; continued tier-2/3 expansion key to execution.
- Strategic moves: Aggressive store network growth (29 adds in Q3); focus on value retail positioning; no specific dividends/guidance in immediate releases, but sustained profitability amid expansion.
Q2 FY26 Earnings Results
- Revenue from Operations: ₹2,981 cr, +22.4% YoY, margin pressure noted QoQ.
- EBITDA: ₹395 cr, +30.5% YoY vs ₹302.5 cr, margin 13.2% (+80 bps YoY).
- PAT: ₹152 cr (reported), +46.5% YoY vs ₹104 cr; adjusted PAT pre-ESOP ₹162 cr (+39% YoY).
- Other key metrics: SSSG 12.8% adjusted; gross profit +22.7% YoY; H1 revenue ₹6,122 cr (+21.6% YoY), PAT ₹358 cr (+41% YoY).
Management Commentary Q2
- Robust execution with revenue surge and margin gains from scale; store adds and SSSG underscore demand resilience.
- Emphasis on balancing growth with profitability, leveraging value proposition in competitive retail; outlook positive for H2 festive ramp.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.