V-Mart Retail Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: July 26, 2025, 1:41 pm

Market Cap	6,382 Cr.
Current Price	804
High / Low	1,130/675
Stock P/E	120
Book Value	102
Dividend Yield	0.00 %
ROCE	8.50 %
ROE	3.08 %
Face Value	10.0
PEG Ratio	2.40

Quick Insight

V-Mart Retail Ltd, currently trading at ₹804, presents a compelling yet cautious investment narrative. With a market capitalization of ₹6,382 crore and a high price-to-earnings ratio of 120, the stock reflects elevated market expectations, though its return on equity (ROE) stands at a modest 3.08% and return on capital employed (ROCE) at 8.50%. The operating profit margin (OPM) is relatively low at 9%, indicating potential challenges in cost management. Meanwhile, the company’s borrowings of ₹783 crore closely match its reserves of ₹790 crore, raising concerns about financial leverage. With a cash conversion cycle (CCC) of 36 days, operational efficiency appears stable, yet the high price-to-book value (P/BV) of 7.12x suggests that the stock may be overvalued. Investors should weigh these factors carefully, as the significant institutional holdings (FIIs at 15.46% and DIIs

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for V-Mart Retail Ltd

Competitors of V-Mart Retail Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Heads UP Ventures Ltd	20.4 Cr.	9.23	18.0/8.61	14.7	6.94	0.00 %	10.9 %	9.50 %	10.0
V-Mart Retail Ltd	6,382 Cr.	804	1,130/675	120	102	0.00 %	8.50 %	3.08 %	10.0
Spencers Retail Ltd	549 Cr.	60.9	116/55.1		73.4	0.00 %	7.78 %	%	5.00
Shoppers Stop Ltd	5,847 Cr.	531	944/467	328	29.2	0.00 %	7.96 %	3.39 %	5.00
Praxis Home Retail Ltd	223 Cr.	12.1	26.8/8.60		3.33	0.00 %	10.9 %	%	5.00
Industry Average	39,059.00 Cr	678.85		113.71	74.25	0.00%	11.53%	25.33%	6.00

All Competitor Stocks of V-Mart Retail Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	459	588	506	777	594	679	549	889	669	786	661	1,027	780
Expenses	408	499	453	673	571	626	549	769	628	687	622	855	712
Operating Profit	50	89	54	104	23	52	1	120	40	99	39	171	68
OPM %	11%	15%	11%	13%	4%	8%	0%	13%	6%	13%	6%	17%	9%
Other Income	3	4	3	1	8	2	2	13	4	5	2	3	27
Interest	24	25	28	31	34	33	36	38	36	37	39	42	17
Depreciation	38	40	44	47	48	50	53	58	61	57	59	63	54
Profit before tax	-8	28	-16	26	-52	-29	-86	37	-52	9	-58	70	23
Tax %	-67%	27%	-28%	24%	-28%	-24%	-26%	23%	-25%	-30%	-3%	-3%	19%
Net Profit	-3	20	-11	20	-37	-22	-64	28	-39	12	-57	72	19
EPS in Rs	-0.33	2.59	-1.43	2.52	-4.67	-2.77	-8.11	3.57	-4.92	1.53	-7.14	9.04	2.34

Last Updated: July 16, 2025, 4:10 pm

Below is a detailed analysis of the quarterly data for V-Mart Retail Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 780.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,027.00 Cr. (Dec 2024) to 780.00 Cr., marking a decrease of 247.00 Cr..
For Expenses, as of Mar 2025, the value is 712.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 855.00 Cr. (Dec 2024) to 712.00 Cr., marking a decrease of 143.00 Cr..
For Operating Profit, as of Mar 2025, the value is 68.00 Cr.. The value appears to be declining and may need further review. It has decreased from 171.00 Cr. (Dec 2024) to 68.00 Cr., marking a decrease of 103.00 Cr..
For OPM %, as of Mar 2025, the value is 9.00%. The value appears to be declining and may need further review. It has decreased from 17.00% (Dec 2024) to 9.00%, marking a decrease of 8.00%.
For Other Income, as of Mar 2025, the value is 27.00 Cr.. The value appears strong and on an upward trend. It has increased from 3.00 Cr. (Dec 2024) to 27.00 Cr., marking an increase of 24.00 Cr..
For Interest, as of Mar 2025, the value is 17.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 42.00 Cr. (Dec 2024) to 17.00 Cr., marking a decrease of 25.00 Cr..
For Depreciation, as of Mar 2025, the value is 54.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 63.00 Cr. (Dec 2024) to 54.00 Cr., marking a decrease of 9.00 Cr..
For Profit before tax, as of Mar 2025, the value is 23.00 Cr.. The value appears to be declining and may need further review. It has decreased from 70.00 Cr. (Dec 2024) to 23.00 Cr., marking a decrease of 47.00 Cr..
For Tax %, as of Mar 2025, the value is 19.00%. The value appears to be increasing, which may not be favorable. It has increased from -3.00% (Dec 2024) to 19.00%, marking an increase of 22.00%.
For Net Profit, as of Mar 2025, the value is 19.00 Cr.. The value appears to be declining and may need further review. It has decreased from 72.00 Cr. (Dec 2024) to 19.00 Cr., marking a decrease of 53.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 2.34. The value appears to be declining and may need further review. It has decreased from 9.04 (Dec 2024) to 2.34, marking a decrease of 6.70.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 22, 2025, 2:44 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	575	720	809	1,002	1,222	1,434	1,662	1,075	1,666	2,465	2,786	3,254
Expenses	523	657	747	917	1,090	1,301	1,448	944	1,462	2,196	2,570	2,874
Operating Profit	52	64	62	85	133	133	214	131	204	269	215	380
OPM %	9%	9%	8%	8%	11%	9%	13%	12%	12%	11%	8%	12%
Other Income	1	0	2	4	4	-4	4	21	14	15	19	34
Interest	4	4	3	4	2	2	55	59	77	117	142	136
Depreciation	11	5	19	19	23	28	94	103	131	180	222	233
Profit before tax	38	55	42	67	112	100	70	-10	10	-13	-130	44
Tax %	33%	32%	35%	34%	31%	38%	29%	-36%	-12%	-40%	-26%	-4%
Net Profit	25	37	28	44	78	62	49	-6	12	-8	-97	46
EPS in Rs	3.50	5.18	3.82	6.07	10.73	8.50	6.80	-0.79	1.47	-0.99	-12.23	5.78
Dividend Payout %	7%	7%	8%	5%	5%	5%	0%	0%	13%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	48.00%	-24.32%	57.14%	77.27%	-20.51%	-20.97%	-112.24%	300.00%	-166.67%	-1112.50%	147.42%
Change in YoY Net Profit Growth (%)	0.00%	-72.32%	81.47%	20.13%	-97.79%	-0.45%	-91.28%	412.24%	-466.67%	-945.83%	1259.92%

V-Mart Retail Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	16%
5 Years:	14%
3 Years:	25%
TTM:	16%

Compounded Profit Growth
10 Years:	-4%
5 Years:	-13%
3 Years:	25%
TTM:	185%

Stock Price CAGR
10 Years:	20%
5 Years:	12%
3 Years:	5%
1 Year:	-5%

Return on Equity
10 Years:	3%
5 Years:	-2%
3 Years:	-3%
Last Year:	3%

Last Updated: Unknown

Balance Sheet

Last Updated: July 25, 2025, 2:05 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	18	18	18	18	18	18	18	20	20	20	20	20
Reserves	152	187	213	252	329	391	441	806	830	829	727	790
Borrowings	44	31	27	36	1	0	517	568	902	1,332	1,391	783
Other Liabilities	80	93	126	185	202	222	248	234	348	562	707	844
Total Liabilities	294	329	383	491	550	632	1,224	1,627	2,099	2,743	2,845	2,436
Fixed Assets	70	98	110	117	145	165	667	697	1,111	1,445	1,661	1,039
CWIP	1	1	2	1	4	4	2	2	6	109	4	4
Investments	34	22	32	72	34	61	8	319	125	9	5	5
Other Assets	188	208	238	300	368	402	546	609	857	1,179	1,176	1,388
Total Assets	294	329	383	491	550	632	1,224	1,627	2,099	2,743	2,845	2,436

Below is a detailed analysis of the balance sheet data for V-Mart Retail Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 20.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 20.00 Cr..
For Reserves, as of Mar 2025, the value is 790.00 Cr.. The value appears strong and on an upward trend. It has increased from 727.00 Cr. (Mar 2024) to 790.00 Cr., marking an increase of 63.00 Cr..
For Borrowings, as of Mar 2025, the value is 783.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 1,391.00 Cr. (Mar 2024) to 783.00 Cr., marking a decrease of 608.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 844.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 707.00 Cr. (Mar 2024) to 844.00 Cr., marking an increase of 137.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 2,436.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,845.00 Cr. (Mar 2024) to 2,436.00 Cr., marking a decrease of 409.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 1,039.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,661.00 Cr. (Mar 2024) to 1,039.00 Cr., marking a decrease of 622.00 Cr..
For CWIP, as of Mar 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 4.00 Cr..
For Investments, as of Mar 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 5.00 Cr..
For Other Assets, as of Mar 2025, the value is 1,388.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,176.00 Cr. (Mar 2024) to 1,388.00 Cr., marking an increase of 212.00 Cr..
For Total Assets, as of Mar 2025, the value is 2,436.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,845.00 Cr. (Mar 2024) to 2,436.00 Cr., marking a decrease of 409.00 Cr..

Notably, the Reserves (790.00 Cr.) exceed the Borrowings (783.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	11	40	46	69	58	76	86	149	-11	177	386	349
Cash from Investing Activity +	-27	-19	-37	-73	-8	-73	1	-419	124	-159	-118	-122
Cash from Financing Activity +	2	-20	-10	5	-38	-4	-94	287	-104	-33	-259	-215
Net Cash Flow	-14	1	-1	1	11	-1	-8	17	8	-15	9	12

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	8.00	33.00	35.00	49.00	132.00	133.00	-303.00	-437.00	-698.00	268.00	214.00	-403.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	0	0	0	0	0	0	0	0	0	0	0	0
Inventory Days	155	154	132	131	140	135	124	155	216	224	199	163
Days Payable	52	60	54	61	83	73	56	64	97	97	112	127
Cash Conversion Cycle	103	95	78	70	57	62	68	91	119	126	87	36
Working Capital Days	66	60	51	44	34	38	36	58	106	89	71	40
ROCE %	23%	21%	26%	18%	25%	35%	29%	18%	4%	5%	5%	1%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	46.44%	46.40%	46.20%	46.14%	46.10%	45.78%	44.34%	44.34%	44.34%	44.34%	44.34%	44.34%
FIIs	22.12%	21.14%	20.23%	18.19%	11.51%	11.18%	14.17%	14.82%	14.28%	14.32%	15.32%	15.46%
DIIs	21.69%	22.03%	23.23%	25.56%	31.51%	32.67%	31.82%	30.97%	32.64%	34.00%	33.99%	32.62%
Public	9.75%	10.43%	10.33%	10.10%	10.87%	10.36%	9.67%	9.86%	8.75%	7.35%	6.37%	7.59%
No. of Shareholders	23,061	24,099	24,225	24,141	26,156	25,611	24,763	26,022	25,603	25,268	22,471	18,023

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
SBI Multicap Fund	1,000,000	1.37	216.15	1,000,000	2025-04-22 15:56:52	0%
Kotak Small Cap Fund - Regular Plan	902,098	1.32	194.98	902,098	2025-04-22 15:56:52	0%
SBI Small Cap Fund	749,336	0.58	161.97	749,336	2025-04-22 14:12:24	0%
ICICI Prudential ELSS Tax Saver Fund	537,729	0.87	116.23	537,729	2025-04-22 15:56:52	0%
Bandhan Sterling Value Fund	450,000	1.09	97.27	450,000	2025-04-22 15:56:52	0%
Kotak Multicap Fund	446,172	0.87	96.44	446,172	2025-04-22 15:56:52	0%
ICICI Prudential Smallcap Fund	400,675	1.13	86.6	400,675	2025-04-22 15:56:52	0%
Canara Robeco Small Cap Fund	264,123	0.57	57.09	264,123	2025-04-22 15:56:52	0%
Invesco India Contra Fund	206,878	0.3	44.72	206,878	2025-04-22 15:56:52	0%
Tata ELSS Tax Saver Fund	205,968	1.06	44.52	205,968	2025-04-22 15:56:52	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	23.12	-48.93	-3.97	5.90	-3.37
Diluted EPS (Rs.)	22.89	-48.93	-3.97	5.88	-3.37
Cash EPS (Rs.)	140.79	63.38	87.06	72.07	49.10
Book Value[Excl.RevalReserv]/Share (Rs.)	409.18	377.65	429.38	430.20	418.77
Book Value[Incl.RevalReserv]/Share (Rs.)	409.18	377.65	429.38	430.20	418.77
Dividend / Share (Rs.)	0.00	0.00	0.00	0.75	0.00
Revenue From Operations / Share (Rs.)	1643.36	1408.29	1247.93	843.65	545.75
PBDIT / Share (Rs.)	196.58	118.30	143.57	110.53	77.26
PBIT / Share (Rs.)	78.91	6.00	52.55	44.35	25.01
PBT / Share (Rs.)	22.20	-65.97	-6.58	5.26	-4.90
Net Profit / Share (Rs.)	23.12	-48.92	-3.97	5.89	-3.15
PBDIT Margin (%)	11.96	8.40	11.50	13.10	14.15
PBIT Margin (%)	4.80	0.42	4.21	5.25	4.58
PBT Margin (%)	1.35	-4.68	-0.52	0.62	-0.89
Net Profit Margin (%)	1.40	-3.47	-0.31	0.69	-0.57
Return on Networth / Equity (%)	5.64	-12.95	-0.92	1.37	-0.75
Return on Capital Employeed (%)	12.32	0.60	5.27	5.14	3.61
Return On Assets (%)	1.87	-3.40	-0.28	0.55	-0.38
Total Debt / Equity (X)	0.18	0.14	0.17	0.00	0.00
Asset Turnover Ratio (%)	1.23	0.99	1.02	0.89	0.75
Current Ratio (X)	1.05	1.16	1.37	2.27	3.35
Quick Ratio (X)	0.20	0.24	0.24	0.58	1.72
Dividend Payout Ratio (NP) (%)	0.00	0.00	-18.88	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.86	0.00	0.00
Earning Retention Ratio (%)	0.00	0.00	118.88	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	0.00	99.14	0.00	0.00
Interest Coverage Ratio (X)	2.85	1.64	2.43	2.83	2.58
Interest Coverage Ratio (Post Tax) (X)	1.16	0.32	0.93	1.15	0.89
Enterprise Value (Cr.)	5877.48	4339.72	4392.40	7808.56	5427.77
EV / Net Operating Revenue (X)	1.81	1.56	1.78	4.69	5.05
EV / EBITDA (X)	15.10	18.55	15.47	35.77	35.65
MarketCap / Net Operating Revenue (X)	1.77	1.53	1.73	4.71	5.07
Retention Ratios (%)	0.00	0.00	118.88	0.00	0.00
Price / BV (X)	7.12	5.70	5.02	9.23	6.61
Price / Net Operating Revenue (X)	1.77	1.53	1.73	4.71	5.07
EarningsYield	0.01	-0.02	0.00	0.00	0.00

After reviewing the key financial ratios for V-Mart Retail Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 23.12. This value is within the healthy range. It has increased from -48.93 (Mar 24) to 23.12, marking an increase of 72.05.
For Diluted EPS (Rs.), as of Mar 25, the value is 22.89. This value is within the healthy range. It has increased from -48.93 (Mar 24) to 22.89, marking an increase of 71.82.
For Cash EPS (Rs.), as of Mar 25, the value is 140.79. This value is within the healthy range. It has increased from 63.38 (Mar 24) to 140.79, marking an increase of 77.41.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 409.18. It has increased from 377.65 (Mar 24) to 409.18, marking an increase of 31.53.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 409.18. It has increased from 377.65 (Mar 24) to 409.18, marking an increase of 31.53.
For Dividend / Share (Rs.), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1,643.36. It has increased from 1,408.29 (Mar 24) to 1,643.36, marking an increase of 235.07.
For PBDIT / Share (Rs.), as of Mar 25, the value is 196.58. This value is within the healthy range. It has increased from 118.30 (Mar 24) to 196.58, marking an increase of 78.28.
For PBIT / Share (Rs.), as of Mar 25, the value is 78.91. This value is within the healthy range. It has increased from 6.00 (Mar 24) to 78.91, marking an increase of 72.91.
For PBT / Share (Rs.), as of Mar 25, the value is 22.20. This value is within the healthy range. It has increased from -65.97 (Mar 24) to 22.20, marking an increase of 88.17.
For Net Profit / Share (Rs.), as of Mar 25, the value is 23.12. This value is within the healthy range. It has increased from -48.92 (Mar 24) to 23.12, marking an increase of 72.04.
For PBDIT Margin (%), as of Mar 25, the value is 11.96. This value is within the healthy range. It has increased from 8.40 (Mar 24) to 11.96, marking an increase of 3.56.
For PBIT Margin (%), as of Mar 25, the value is 4.80. This value is below the healthy minimum of 10. It has increased from 0.42 (Mar 24) to 4.80, marking an increase of 4.38.
For PBT Margin (%), as of Mar 25, the value is 1.35. This value is below the healthy minimum of 10. It has increased from -4.68 (Mar 24) to 1.35, marking an increase of 6.03.
For Net Profit Margin (%), as of Mar 25, the value is 1.40. This value is below the healthy minimum of 5. It has increased from -3.47 (Mar 24) to 1.40, marking an increase of 4.87.
For Return on Networth / Equity (%), as of Mar 25, the value is 5.64. This value is below the healthy minimum of 15. It has increased from -12.95 (Mar 24) to 5.64, marking an increase of 18.59.
For Return on Capital Employeed (%), as of Mar 25, the value is 12.32. This value is within the healthy range. It has increased from 0.60 (Mar 24) to 12.32, marking an increase of 11.72.
For Return On Assets (%), as of Mar 25, the value is 1.87. This value is below the healthy minimum of 5. It has increased from -3.40 (Mar 24) to 1.87, marking an increase of 5.27.
For Total Debt / Equity (X), as of Mar 25, the value is 0.18. This value is within the healthy range. It has increased from 0.14 (Mar 24) to 0.18, marking an increase of 0.04.
For Asset Turnover Ratio (%), as of Mar 25, the value is 1.23. It has increased from 0.99 (Mar 24) to 1.23, marking an increase of 0.24.
For Current Ratio (X), as of Mar 25, the value is 1.05. This value is below the healthy minimum of 1.5. It has decreased from 1.16 (Mar 24) to 1.05, marking a decrease of 0.11.
For Quick Ratio (X), as of Mar 25, the value is 0.20. This value is below the healthy minimum of 1. It has decreased from 0.24 (Mar 24) to 0.20, marking a decrease of 0.04.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 25, the value is 2.85. This value is below the healthy minimum of 3. It has increased from 1.64 (Mar 24) to 2.85, marking an increase of 1.21.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.16. This value is below the healthy minimum of 3. It has increased from 0.32 (Mar 24) to 1.16, marking an increase of 0.84.
For Enterprise Value (Cr.), as of Mar 25, the value is 5,877.48. It has increased from 4,339.72 (Mar 24) to 5,877.48, marking an increase of 1,537.76.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.81. This value is within the healthy range. It has increased from 1.56 (Mar 24) to 1.81, marking an increase of 0.25.
For EV / EBITDA (X), as of Mar 25, the value is 15.10. This value exceeds the healthy maximum of 15. It has decreased from 18.55 (Mar 24) to 15.10, marking a decrease of 3.45.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.77. This value is within the healthy range. It has increased from 1.53 (Mar 24) to 1.77, marking an increase of 0.24.
For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Price / BV (X), as of Mar 25, the value is 7.12. This value exceeds the healthy maximum of 3. It has increased from 5.70 (Mar 24) to 7.12, marking an increase of 1.42.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.77. This value is within the healthy range. It has increased from 1.53 (Mar 24) to 1.77, marking an increase of 0.24.
For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has increased from -0.02 (Mar 24) to 0.01, marking an increase of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of V-Mart Retail Ltd as of July 26, 2025 is: 307.63

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of July 26, 2025, V-Mart Retail Ltd is Overvalued by 61.74% compared to the current share price 804.00

Intrinsic Value of V-Mart Retail Ltd as of July 26, 2025 is: 461.16

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of July 26, 2025, V-Mart Retail Ltd is Overvalued by 42.64% compared to the current share price 804.00

Last 5 Year EPS CAGR: 49.91%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 17.50%, which is a positive sign. The company has higher reserves (495.58 cr) compared to borrowings (469.33 cr), indicating strong financial stability. The company has shown consistent growth in sales (176.42 cr) and profit (32.08 cr) over the years.	The stock has a high average Working Capital Days of 57.75, which may not be favorable. The stock has a high average Cash Conversion Cycle of 82.67, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in V-Mart Retail Ltd:
1. Net Profit Margin: 1.4%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 12.32% (Industry Average ROCE: 11.53%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.64% (Industry Average ROE: 25.33%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.16
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.2
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 120 (Industry average Stock P/E: 113.71)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.18
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

V-Mart Retail Ltd. is a Public Limited Listed company incorporated on 24/07/2002 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L51909DL2002PLC163727 and registration number is 163727. Currently Company is involved in the business activities of Retail sale of readymade garments, hosiery goods, other articles of clothing and clothing accessories such as gloves, ties, braces etc.. Company's Total Operating Revenue is Rs. 3253.86 Cr. and Equity Capital is Rs. 19.80 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Retail - Departmental Stores	610-611, Guru Ram Dass Nagar, New Delhi Delhi 110092	info@vmart.co.in http://www.vmart.co.in

Management
Name	Position Held
Mr. Aakash Moondhra	Chairman, Non Ind & Non Exe Director
Mr. Lalit Agarwal	Managing Director
Mr. Madan Agarwal	Whole Time Director
Mr. Raghuvesh Sarup	Ind. Non-Executive Director
Ms. Shweta Kumar	Ind. Non-Executive Director
Mr. Govind Shridhar Shrikhande	Ind. Non-Executive Director

FAQ

What is the intrinsic value of V-Mart Retail Ltd?

V-Mart Retail Ltd's intrinsic value (as of 26 July 2025) is 307.63 61.74% lower the current market price of 804.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 6,382 Cr. market cap, FY2025-2026 high/low of 1,130/675, reserves of 790 Cr, and liabilities of 2,436 Cr.

What is the Market Cap of V-Mart Retail Ltd?

The Market Cap of V-Mart Retail Ltd is 6,382 Cr..

What is the current Stock Price of V-Mart Retail Ltd as on 26 July 2025?

The current stock price of V-Mart Retail Ltd as on 26 July 2025 is 804.

What is the High / Low of V-Mart Retail Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of V-Mart Retail Ltd stocks is ₹1,130/675.

What is the Stock P/E of V-Mart Retail Ltd?

The Stock P/E of V-Mart Retail Ltd is 120.

What is the Book Value of V-Mart Retail Ltd?

The Book Value of V-Mart Retail Ltd is 102.

What is the Dividend Yield of V-Mart Retail Ltd?

The Dividend Yield of V-Mart Retail Ltd is 0.00 %.

What is the ROCE of V-Mart Retail Ltd?

The ROCE of V-Mart Retail Ltd is 8.50 %.

What is the ROE of V-Mart Retail Ltd?

The ROE of V-Mart Retail Ltd is 3.08 %.

What is the Face Value of V-Mart Retail Ltd?

The Face Value of V-Mart Retail Ltd is 10.0.