VMart Retail

Gurugram, India Founded: 2002 • Age: 24 yrs Listed
Retail chain offering fashion, lifestyle, and home products
Request Access
Report Incorrect Data
Page last updated

About VMart Retail

VMart Retail is a publicly listed company based in Gurugram (India) founded in 2002 by Lalit Agarwal. Retail chain offering fashion, lifestyle, and home products. The company has 5,770 employees. VMart Retail has completed 1 acquisition, including Limeroad. Its website vmartretail.com draws about 59 thousand monthly visits. Its Indian entity V-Mart Retail Limited reported revenue of ₹3,804 Cr. Its focus areas include Consumer Goods, Retail Chains, Fashion and Horizontal.

Company details

V-Mart was founded in 2002 and is headquartered in Gurugram, India. Operations are conducted in the retail sector through omni-channel platforms, where a diverse range of clothing, home, and kitchen products is provided. Family lifestyle stores are maintained to serve the aspirational middle class, with presence established across various regions in India.

Recognitions & Rankings of VMart Retail

India's Most Valuable Companies 2022 edition · Source: Hurun India
Rank#499
Valuation
₹5,951 Cr
2021 #427
  • Headquarters Gurugram, India
  • Employees 5,770
  • Founders Lalit Agarwal
  • Stage Public
  • Sectors
    Retail
  • Website category Finance · Investing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website vmartretail.com
  • Social LinkedIn X Facebook
  • Legal Name V-Mart Retail Limited
  • Date of Incorporation 24 Jul, 2002
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Retail → Retail Stores & Chains
Key Metrics
  • Market Cap
    ₹6,102 Cr

    VMART · NSE

  • Share Price
    ₹776.35

    +1.25% today

  • Revenue
    ₹3,789 Cr

    FY 2025-26 · +16.5% YoY

  • EBITDA
    ₹512 Cr

    Margin 13.5%

  • Net Profit
    ₹125 Cr

    FY 2025-26 · +421.5% YoY

  • P/E (TTM)
    45.8x

    P/B 6.1x

  • ROE
    14.1%

    ROCE 13.0%

  • Debt / Equity
    0.99

    Interest cover 35.1x

  • Employee Count
    5,770
  • Investments & Acquisitions
    Limeroad

Board of directors of V-Mart Retail Limited (VMart Retail)

V-Mart Retail Limited is the primary company behind VMart Retail. The board of V-Mart Retail Limited currently have 6 directors; the longest-serving is Madan Gopal Agarwal, appointed in 2002. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Madan Gopal Agarwal
DIN 02249947
Whole-time director24 Jul 200224 yrs 3 moV-Mart Retail Limited
Lalit Madangopal Agarwal
DIN 00900900
Managing Director24 Jul 200224 yrs 3 moV-Mart Retail Limited
Aakash Moondhra
DIN 02654599
Director18 Mar 201016 yrs 7 moV-Mart Retail Limited
Govind Shridhar Shrikhande
DIN 00029419
Director02 Nov 20188 yrsV-Mart Retail Limited
Raghuvesh Sarup
DIN 10626162
Director14 May 20242 yrs 5 moV-Mart Retail Limited
Shweta Kumar
DIN 08596612
Director14 May 20242 yrs 5 moV-Mart Retail Limited

People of VMart Retail

1 people are tracked at VMart Retail (1 in leadership); the tracked headcount is 5,770.

NameRoleGroup
Lalit Agarwal
Founder & Managing DirectorLeadership
Premium access

Complete people profiles for VMart Retail

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of VMart Retail

VMart Retail is a publicly listed company on the NSE with ticker symbol VMART in India, operating in the Retail sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: VMART
  • Listed entityV-Mart Retail Limited
  • Exchange sectorRetail

Financials of VMart Retail

Exchange-reported figures of V-Mart Retail Limited, the listed company behind VMart Retail (NSE: VMART).

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹3,789 Cr
+16.5% YoY
EBITDA
₹512 Cr
+35.8% YoY
Profit After Tax
₹125 Cr
+421.5% YoY
Net Worth
₹951 Cr
+17.4% YoY
Total Assets
₹1,928 Cr
+19.8% YoY
Total Debt
₹958 Cr
+22.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,7893,2542,7862,4651,6661,0751,662
Revenue growth+16.5%+16.8%+13.0%+47.9%+54.9%-35.3%-
EBITDA512377213269204131214
EBITDA margin+13.5%+11.6%+7.7%+10.9%+12.3%+12.2%+12.9%
Profit before tax15543.96(130)(13.01)10.40(9.67)69.52
Net profit12523.98(94.51)(10.05)12.23(6.76)48.14
Net profit margin+3.3%+0.7%-3.4%-0.4%+0.7%-0.6%+2.9%
EPS (₹)15.6123.12(48.92)(3.97)5.89(3.15)27.18
Balance sheet
Total assets1,9281,6102,1512,1931,7631,400982
Net worth951810747849850825459
Total debt9587831,3911,332902568517
Cash & bank19.5339.4227.2318.0635.0627.474.99
Net working capital369394336500440340271
Cash flow
Cash from operations501349386177(11.25)14986.30
Cash from investing(174)(122)(118)(159)124(419)0.51
Cash from financing(346)(215)(259)(32.92)(104)287(94.32)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9531,0899711,1268078857801,027
Revenue growth (YoY)+18.1%+23.0%+24.5%+9.7%+22.1%+12.6%--
Other income2.682.655.643.963.432.9326.513.38
Total expenses867928865919735759712855
EBITDA86.0616110620771.5112668.14171
EBITDA margin+9.0%+14.8%+10.9%+18.4%+8.9%+14.3%+8.7%+16.7%
Depreciation88.7583.9580.1477.8971.1067.9254.3662.58
Interest20.6919.8219.2420.5517.4518.2417.4042.43
Profit before tax(20.70)59.5212.54113(13.61)42.9422.8969.74
Tax(4.36)12.311.2624.92(4.74)9.344.38(1.89)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9531,0899711,1268078857801,027
Revenue growth (YoY)+18.1%+23.0%+24.5%+9.7%+22.1%+12.6%--
Other income2.682.655.643.963.432.9326.513.38
Total expenses867928865919735759712855
EBITDA86.0616110620771.5112668.14171
EBITDA margin+9.0%+14.8%+10.9%+18.4%+8.9%+14.3%+8.7%+16.7%
Depreciation88.7583.9580.1477.8971.1067.9254.3662.58
Interest20.6919.8219.2420.5517.4518.2417.4042.43
Profit before tax(20.70)59.5212.54113(13.61)42.9422.8969.74
Tax(4.36)12.311.2624.92(4.74)9.344.38(1.89)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,7893,2542,7862,4651,6661,0751,662
Revenue growth+16.5%+16.8%+13.0%+47.9%+54.9%-35.3%-
Other income15.0436.3020.9514.9713.9621.044.48
Total expenses3,2772,8772,5732,1961,4629441,448
Employee cost395363287256180117154
EBITDA512377213269204131214
EBITDA margin+13.5%+11.6%+7.7%+10.9%+12.3%+12.2%+12.9%
Depreciation29723322218013110393.92
Interest75.4813614211777.1958.9554.78
Profit before tax15543.96(130)(13.01)10.40(9.67)69.52
Tax30.78(1.81)(33.74)(5.16)(1.25)(3.47)20.18
Net profit12523.98(94.51)(10.05)12.23(6.76)48.14
Net profit margin+3.3%+0.7%-3.4%-0.4%+0.7%-0.6%+2.9%
EPS (₹)15.6123.12(48.92)(3.97)5.89(3.15)27.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital79.4619.8019.7819.7719.7519.7118.16
Reserves & surplus872790727829830806441
Shareholders' funds (net worth)951810747849850825459
Secured loans1001491101100.000.000.03
Unsecured loans8586341,2811,222902568517
Total debt9587831,3911,332902568517
Total liabilities1,9281,6102,1512,1931,7631,400982
Assets
Gross block1,7991,3791,9271,6521,272820760
Net block1,3661,0391,6611,4451,111697667
Capital work in progress8.274.313.841096.382.192.47
Investments18.385.054.708.541253197.89
Inventories988987816871668428478
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances19.5339.4227.2318.0635.0627.474.99
Loans & advances21419418716074.0111130.10
Total current assets1,2211,2211,0301,049777567513
Total current liabilities852827694549337226242
Net working capital369394336500440340271
Total assets1,9281,6102,1512,1931,7631,400982
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash39.4227.2318.0633.0422.234.8112.32
Net cash from operating activities501349386177(11.25)14986.30
Net cash from investing activities(174)(122)(118)(159)124(419)0.51
Net cash from financing activities(346)(215)(259)(32.92)(104)287(94.32)
Net change in cash(19.89)12.199.17(14.98)7.9517.42(7.51)
Closing cash19.5339.4227.2318.0635.0627.474.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+16.5%+16.8%+13.0%+47.9%+54.9%-35.3%-
EBITDA growth+35.8%+77.0%-20.8%+31.6%+55.7%-38.6%-
PBT growth+252.1%+9998.0%-903.1%-+9998.0%--30.3%
Net income growth+421.5%+125.4%-840.4%-182.2%+280.9%-114.0%-
Revenue CAGR (3Y)+15.4%+25.0%+37.3%+14.0%+5.1%-4.2%+18.4%
EBITDA CAGR (3Y)+24.0%+22.7%+17.5%+8.0%+18.4%-0.4%+36.1%
Profitability & leverage
Net income margin+3.3%+1.4%-3.5%-0.3%+0.7%-0.6%+3.0%
Return on capital employed+13.0%+8.4%+0.6%+5.1%+5.2%+4.1%+17.7%
Return on net worth+14.1%+3.1%-12.1%-1.2%+1.5%-1.0%+11.4%
Debt / equity0.991.401.711.320.880.840.60
Long-term debt / equity0.601.051.441.150.820.750.50
Interest cover35.0794.68-1,567.95131.46104.83208.7545.72
Efficiency & per share
Fixed asset turnover2.381.971.561.691.591.363.36
Inventory turnover3.843.613.303.203.042.374.12
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)15.6123.12(48.92)(3.97)5.89(3.15)27.18
Dividend per share (₹)1.000.000.000.000.750.000.00
Book value per share (₹)119.70409.18377.65429.44430.20418.77252.78

Investments & Acquisitions by VMart Retail

VMart Retail has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Limeroad.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Limeroad
Online social shopping marketplace for women fashion products
limeroad.comGurugram, India2012Oct 2022$4.27M
Premium access

Complete acquisition details for VMart Retail

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of VMart Retail

2 dated milestones of VMart Retail across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded VMart Retail is founded.
  2. Acquisition Acquires Limeroad.

Web traffic of VMart Retail

The website of VMart Retail (vmartretail.com) receives about 59.1K visits a month and ranks #445,396 among all websites worldwide, #4,542 in Investing.

  • Monthly visits
    59.1K

    ▼ 15.3% vs previous month

  • Unique visitors
    44.1K

    per month

  • Global rank
    #445,396

    among all websites

  • Category rank
    #4,542

    Finance · Investing

Similar websites

Websites whose visitors overlap most with VMart Retail. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
V2-Retail
v2retail.com
100%
53.6K#668,134View details
Sai Silks
sskl.co.in
95%
4.8K#3,907,260View details
VMart
vmart.co.in
85%
37.2K#878,875View details
LuLu Malls
lulumall.in
52%
236.7K#168,280View details
unlimitedfashionstore.com
unlimitedfashionstore.com
35%
#454,229–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 6 similar websites and full traffic analytics for VMart Retail

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Retail Stores & Chains

2 companies that operate in the same segment as VMart Retail (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
FirstCry
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Future Group
Multi-format offline retail is operated in India.
1997Mumbai, Maharashtra, IndiaUSD 3.41 BUSD 280.87 K32
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Vmart Retail

VMART: Q2 REVENUE 9.53B RUPEES VS 8.1B (YOY)
Exchange Update • 9 days ago
VMART: Q2 SL NET LOSS 163M RUPEES VS LOSS 89M (YOY)
Exchange Update • 9 days ago
VMART: Q2 EBITDA 860M RUPEES VS 715M (YOY); Q2 EBITDA MARGIN 9.03% VS 8.9% (YOY)
Exchange Update • 9 days ago
V-Mart Retail: Reports Q2 FY27 Revenue Increase Of 18% Yearly To ₹953 Crore, Expands By Opening 23 New Stores For A Total Of 613 Operating Stores
Exchange Update • 1 month ago
Nifty Retail Index stocks: New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock market - The Economic Times
Economic Times • 1 month ago
Mint Explainer | Indian consumers are spending again. Can it last?
Mint • 2 months ago
Biyani's Style Union seeks to raise Rs.800 crore as value retail market expands
Mint • 2 months ago
Siguler Guff, other investors explore exit from Baazar Kolkata's parent at Rs.5,000 crore valuation
Mint • 3 months ago
Indian fashion retailer Trent's quarterly profit jumps on expansion spree
Reuters • 3 months ago
V-Mart Retail maintains FY27 growth guidance despite weak monsoon concerns - CNBC TV18
CNBCTV18 • 3 months ago
Premium access

Complete news archive for VMart Retail

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about VMart Retail

VMart Retail was founded in 2002.

VMart Retail is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

VMart Retail has 5,770 employees.

The primary company behind VMart Retail, V-Mart Retail Limited, reported revenue of ₹3,804 Cr for FY 2026, up 16% year on year.

V-Mart was founded in 2002 and is headquartered in Gurugram, India. Operations are conducted in the retail sector through omni-channel platforms, where a diverse range of clothing, home, and kitchen products is provided. Family lifestyle stores are maintained to serve the aspirational middle class, with presence established across various regions in India.

Yes, VMart Retail is publicly traded on NSE under the ticker symbol VMART.

VMart Retail has made 1 acquisition, including Limeroad.

VMart Retail operates through V-Mart Retail Limited.

The legal entities of VMart Retail currently have 8 directors, including Madan Gopal Agarwal, Lalit Madangopal Agarwal, Govind Shridhar Shrikhande and others.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available