A deep dive into VMART (VMART) — examining the financials, valuation picture, and who owns the stock.
VMART Revenue Trend
A 16.5% jump in revenue took VMART's top line to ₹3,789 Cr in FY2026.
Zoom out, and the growth is clear: VMART's revenue compounded at 16.7% annually over 10 years, comfortably beating inflation and then some.
A ₹3,789 Cr revenue base makes VMART a mid-sized name in the Indian retail sector.
VMART has posted revenue growth for 5 consecutive years — that's a sustained trend, not a one-off.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹3,789 Cr | +16.5% |
| FY2025 | ₹3,254 Cr | +16.8% |
| FY2024 | ₹2,786 Cr | +13.0% |
| FY2023 | ₹2,465 Cr | +47.9% |
| FY2022 | ₹1,666 Cr | — |
View VMART's full 10-year revenue trend with CAGR analysis →
VMART Profitability
VMART delivered net profit of ₹124 Cr in FY2026, a solid 170.9% jump from ₹45.8 Cr in FY2025.
Net profit margin improved to 3.3% in FY2026 from 1.4% in FY2025, indicating better cost control.
Diluted EPS stood at ₹15.54 in FY2026, compared to ₹5.72 in FY2025.
Is VMART Undervalued
VMART shares are currently trading at ₹777.95.
Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
VMART Shareholding Pattern
The promoter group has maintained its 44.1% holding through the last 4 quarters.
On the foreign institutional side, the holding is 16.5% as of June 2026 — down from 17.5%.
Domestic investors held 30.9% of the company as of June 2026, down year-over-year from 32.1%.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 44.1% | 16.5% | 30.9% | 8.5% |
| Mar 2026 | 44.2% | 16.9% | 31.9% | 7.0% |
| Dec 2025 | 44.1% | 17.0% | 32.5% | 6.4% |
| Sep 2025 | 44.2% | 17.5% | 32.1% | 6.3% |
Track quarterly shareholding changes for VMART →
VMART Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹27.80B at the end of FY2026, up 14.1% from ₹24.36B a year earlier.
Other Assets is the largest block at 40.7%, followed by Inventories at 35.5% and Property, Plant & Equipment at 21.3%.
Equity makes up 34.2% of liabilities and equity, with debt at 34.4% and operating liabilities at 31.3%. Over the year, debt is up 22.4% and equity is up 17.4%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 379.10M |
| Inventories | 9.88B |
| Property, Plant & Equipment | 5.92B |
| Intangibles & Goodwill | 320.70M |
| Other Assets | 11.31B |
| Category | Value |
|---|---|
| Equity | 9.51B |
| Short-term Debt | 3.44B |
| Long-term Debt | 6.13B |
| Trade Payables | 4.91B |
| Other Liabilities | 3.80B |
VMART Stock Analysis
In summary, VMART (VMART) presents the following picture for fundamental analysts.
Revenue of ₹3,789 Cr in FY2026, up 16.5% year-over-year.
Long-term revenue has been compounding at 16.7% annually over 10 years.
The company is profitable, with a net margin of 3.3% and net income of ₹124 Cr.
Unlock Full Analysis
Want to dig deeper? Craytheon's platform provides 10 years of financial data, three valuation models, and insider trading activity for VMART.