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Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials.
They own their brands and third-party brands to meet the everyday needs of consumers. The company offers a wide range of products across apparel, general merchandise, and FMCG, including its brands for clothing, home furnishings, travel accessories, kitchen appliances, food, non-food items, and staples. The company targets middle and lower-middle-income people, through a Pan India network of 645 Vishal Mega Mart stores (as of September 30, 2024) and their Vishal Mega Mart mobile app and website. As of September 30, 2024, the company has a presence across 414 cities in 28 states and two union territories.
For the year/period ended (Rs. in Cr.)
FY24 | FY23 | FY22 | |
---|---|---|---|
Total Revenue | 8,945.13 | 7,618.89 | 5,653.85 |
Profit After Tax | 461.94 | 321.27 | 202.77 |
EPS | 1.02 | 0.71 | 0.45 |
OPM (%) | 14.01% | 13.45% | 14.38% |
PATM (%) | 5.18% | 4.24% | 3.63% |
For year/ period ended ( in Cr.)
Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY23 |
Net Profits(Cr.) FY23 |
---|---|---|---|---|---|---|
Vishal Megamart Limited | 35,168 | 78 | 6.23 | 76.46 | 8,945.13 | 461.94 |
Avenue Supermarts Ltd. | 2,47,597 | 3,804 | 12.29 | 92.14 | 50,788.83 | 2,535.61 |
Trent Ltd. | 2,48,855 | 7,000 | 53.18 | 137.5 | 12,375.11 | 1,353.89 |
The Company will not receive any proceeds of the Offer for Sale by the Promoter Selling Shareholder. The Promoter Selling Shareholder will be entitled to the entirety of proceeds of the Offer for Sale after deducting its portion of the Offer related expenses and the relevant taxes thereon.
The company is a one stop destination for middle and lower-middle income customers in India. With a steady growth in its top and bottom lines for the reported periods, it is hinting at the likely trends going forward. Hence, investor may park moderate funds for long term.
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