Vishal Mega Mart Limited has reported robust financial growth for the quarter and financial year ended March 31, 2026. The company achieved a 22.2% revenue growth in Q4 to INR 3,114 crore and a 20.4% annual growth to INR 12,906 crore. With strong same-store sales growth, expansion into 795 total stores, and a focus on private brands, the company remains optimistic about navigating inflationary challenges while continuing its aggressive growth strategy.
Annual Financial Highlights
For the full financial year FY26, the company reported revenue from operations of INR 12,906 crore, representing a 20.4% year-on-year growth. The operating EBITDA stood at INR 1,321 crore, reflecting a 27.8% growth, while the profit after tax reached INR 839 crore, a 32.8% increase over the previous year. Same-store sales growth for the year was recorded at 11%.
Q4 Performance Overview
During the quarter ended March 31, 2026, revenue from operations reached INR 3,114 crore, up 22.2% compared to the same quarter last year. Operating EBITDA grew by 32.3% to INR 275 crore, with an adjusted EBITDA margin of 8.8%. Profit after tax for the quarter was INR 168 crore, marking a 45.9% growth, with a PAT margin of 5.4%.
Strategic Expansion and Market Reach
The company continues to expand its footprint, having added 105 new stores during FY26, bringing the total count to 795 stores across 535 cities. Notable expansion efforts included opening 47 new stores in South India. The business remains focused on its private brand strategy, which now contributes 74.1% to the total revenue, providing an effective cushion for consumers against inflationary pressures.
Future Outlook and Strategy
Looking ahead to FY27, management remains committed to aggressive network expansion despite macroeconomic challenges. The company plans to leverage its strong balance sheet and competitive pricing to gain market share. Management emphasized that their private label focus and commitment to fashionable, affordable products will continue to drive footfalls and sales momentum across both legacy and new stores.
Source: BSE
