V-Mart Retail is entering a decisive recovery phase, with rising margins, improved store productivity, and aggressive expansion. Analysts project an 18% revenue CAGR over FY25–28, supported by 13% annual store additions and steady same-store sales growth. The turnaround reflects strategic resets, rural consumption trends, and renewed investor confidence.
V-Mart’s Turnaround Gains Momentum
After years of margin pressure and operational challenges, V-Mart Retail Ltd. is witnessing a strong revival. Strategic rationalisation of stores, pricing corrections, and improved performance of its “Unlimited” outlets have aligned operations with core V-Mart stores. Analysts highlight this as a pivotal moment for the value fashion retailer.
Key Highlights:
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Revenue Growth Outlook: Motilal Oswal projects ~18% CAGR in revenues over FY25–28.
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Store Expansion: Consistent additions of ~13% annually, with 62 new stores added in FY25.
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Profitability: Q4 FY25 net profit of ₹19 crore, reversing last year’s ₹39 crore loss.
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Margins: EBITDA rose 70% YoY to ₹68 crore, reflecting improved efficiency.
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Consumer Trends: Rural India’s rising disposable incomes, aided by government schemes, are boosting aspirational spending benefiting value fashion retailers like V-Mart.
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Investor Confidence: Analysts expect a meaningful re-rating as productivity and profitability strengthen.
This turnaround positions V-Mart as a key beneficiary of India’s evolving consumption story, combining affordability with scale to capture growing demand in tier-II and tier-III markets.
Sources: Business Standard, Indian Retailer, Ventura Securities