# Vishal Mega Mart share price today (Vishal Mega Mart Ltd, NSE: VMM)

> Vishal Mega Mart share price today: ₹90.70 at the NSE close on 3 November 2026, down 37.3% in a year. Vishal Mega Mart (NSE: VMM) is worth ₹42,491 crore, trades at a P/E of 47.4 and has closed between ₹84.40 and ₹143.18 over the past 52 weeks. > Vishal Mega Mart Ltd's earnings have grown faster than its share price. Earnings per share grew +31.4% in a year while the price moved −37.3%. VMM · Textiles - Readymade Apparel · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/vishal-mega-mart-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹90.70 (−37.3% in a year)
- P/E: 47.4× (lower than 98% of the last 1 year)
- Revenue (Sep 2026): ₹3,399 Cr (+14.0% on a year ago)
- Profit (Sep 2026): ₹158 Cr (+3.9% on a year ago)
- Operating margin: 12.0% (−1.0 points on a year ago)
- ROCE: 15%, FY26
- ROIC: 12.3%, against a 12.0% cost of capital: +0.3 points

The main question: yearly earnings per share moved +31.4% while the share price moved −37.3%. ## What is the Vishal Mega Mart share price today? Vishal Mega Mart Ltd's share price was ₹90.70 at the close on 3 November 2026. It has been falling for 40 weeks. That is 18.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹84 and ₹143, and at that close it sat 11% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 23 weeks running. Over the last 1 year the share price moved −10% while the NIFTY 500 moved −2%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Vishal Mega Mart this quarter? Three changes stood out: indian funds and insurers (DIIs) raised their stake for 4 quarters in a row, promoters cut their stake for 7 quarters in a row and revenue up on a year earlier for 8 quarters in a row (every quarter we can compare). 1. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row From 25.4% to 36.5% of the company by the September 2026 quarter. 2. Promoters cut their stake for 7 quarters in a row From 76% to 40% of the company by the September 2026 quarter. 3. Revenue up on a year earlier for 8 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹3,399 crore, +14% on a year earlier. Why: Revenue rose because the company opened more stores, mostly in smaller towns and new cities. Next results: check whether same store sales growth in the December quarter clears 10%, which management says is needed for nine month double digit growth. From the earnings call on 21 Oct 2026. ## What are Vishal Mega Mart's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Vishal Mega Mart reported revenue of ₹3,399 crore, up 14.0% from ₹2,981 crore a year earlier, and a profit of ₹158 crore, up 3.9% from ₹152 crore. ### Vishal Mega Mart results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹3,399 crore | ₹2,981 crore | +14.0% |
| Profit | ₹158 crore | ₹152 crore | +3.9% |
| Earnings per share | ₹0.34 | ₹0.33 | +3.0% |
| Operating margin | 12.0% | 13.0% | −1.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Vishal Mega Mart's management discussed these results on a call held on 21 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Vishal Mega Mart share price history? Vishal Mega Mart closed at ₹90.70 on 3 November 2026, down 37.3% from ₹144.69 a year earlier (31 October 2025). Its highest weekly close since December 2024 was ₹152.59 on 12 September 2025. ### Vishal Mega Mart share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹87.35 | +3.8% |
| 1 month ago · 1 Oct 2026 | ₹99.50 | −8.8% |
| 6 months ago · 30 Apr 2026 | ₹122.29 | −25.8% |
| 1 year ago · 31 Oct 2025 | ₹144.69 | −37.3% |
| Earliest weekly close in our records · 20 Dec 2024 | ₹101.19 | −10.4% |
| Highest weekly close since December 2024 · 12 Sep 2025 | ₹152.59 | −40.6% |
| Lowest weekly close since December 2024, also the 52-week low · 30 Oct 2026 | ₹84.40 | +7.5% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹143.18 | −36.7% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (103 weekly closes from 20 December 2024 to 3 November 2026.)

## What is the latest news on Vishal Mega Mart? 3 Nov 2026: Vishal Mega Mart closed at ₹90.70, up 3.8% on the week and down 8.8% on the month. 21 Oct 2026: Vishal Mega Mart held its results call for July to September 2026. Management guided: Q3 SSSG above 10% needed for nine-month double-digit growth; 12%-13% would deliver a 9% Q2-Q3 average, supporting full-year double-digit ambition. ### Earlier

- Results for July to September 2026: Revenue up 14.0% and profit up 3.9% on a year earlier. ## What dividend does Vishal Mega Mart pay? Vishal Mega Mart has paid no dividend on the NSE since its first NSE close in our records (20 December 2024), the start of the period we checked. No. Vishal Mega Mart Ltd paid out 0% of its profit as dividends in each of its last 7 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Vishal Mega Mart management say on the latest results call? On the call for July to September 2026, held on 21 October 2026, Vishal Mega Mart's management guided: Q3 SSSG above 10% needed for nine-month double-digit growth; 12%-13% would deliver a 9% Q2-Q3 average, supporting full-year double-digit ambition. > “Our goal is to achieve double-digit growth for the full year.”
> Gunender Kapoor, on the call for July to September 2026

### What management guided

- FY27 gross store openings above 100; goal to exceed prior-year openings annually, subject to viable, profitable sites. - Store runway: 2,000 large-format store opportunities and upwards of 3,000 small-format stores nationally, with no rollout timing. - Operating margin expected to improve about 30 basis points annually; sales growth expected above store-level cost inflation of 6%-7%. - No additional price increases planned at current inflation; stable pricing, especially at opening price points. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/58514/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 21 October 2026.)

## What to watch in Vishal Mega Mart's next results? When Vishal Mega Mart reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q3 SSSG versus the seasonal catch-up hurdle; check whether shifted demand supports the stated nine-month growth ambition. - What to check (from the call)
- Q3 SSSG versus the seasonal catch-up hurdle; check whether shifted demand supports the stated nine-month growth ambition. - H2 gross margins versus year-ago levels; test whether cost re-engineering offsets vendor inflation without further price changes. - Store openings and unit profitability; check annual pace against the acceleration commitment and viability screen. - Board's cash-reserve review; check whether an allocation decision is reached without constraining growth and capability funding. ## Which stock lists is Vishal Mega Mart on? Vishal Mega Mart is on 3 of our India lists: 52 week high & low, Small & mid cap stocks and Penny stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Small & mid cap stocks Size rank in India: 226](https://www.sectoralpha.in/small-cap-stocks-india)
- [Penny stocks Earnings growth, 12 months (%): 20](https://www.sectoralpha.in/penny-stocks-india)

## Is Vishal Mega Mart profitable? Vishal Mega Mart Ltd earned ₹158 Cr of net profit in the Sep 2026 quarter, +3.9% on the same quarter a year earlier. That is the 8th quarter in a row of profit growth. Full-year FY26 profit was ₹839 Cr. Over 6 years profit has grown 62.8% a year on average. That is 4.6% of the quarter's revenue. The same quarter a year earlier earned ₹152 Cr. For the full year, FY26 profit was ₹839 Cr (+32.8% on the year before). Why profit moved: revenue changed +14.0% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +23.7% and revenue +18.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Vishal Mega Mart make, and is it growing? Vishal Mega Mart Ltd reported ₹3,399 Cr of revenue in the Sep 2026 quarter, +14.0% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 6 years it has grown 16.0% a year on average. The last full year, FY26, came in at ₹12,906 Cr. The last four reported quarters add to ₹13,910 Cr. FY26 revenue was ₹12,906 Cr, +20.4% on the year before. Recent pace: the last four quarters grew +18.0% on average, against 16.0% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +17.8%, against +19.6% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +22.0%, against +31.4% a year (rolling over). ## How much of every ₹100 of sales does Vishal Mega Mart keep? Vishal Mega Mart Ltd's operating margin was 12.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 7 years it has been between 12.0% and 15.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −1.1 percentage points on the year while gross margin changed −0.3 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Vishal Mega Mart's profit turning into cash? Over the last 3 years, 199% of Vishal Mega Mart Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,621 Cr of operating cash against ₹839 Cr of profit. After ₹1,040 Cr of spending on assets, ₹581 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 199% of profit came in as cash: the cash cycle got 51 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 1.5× depreciation over three years. The next section checks what that spending is building. ## Where does Vishal Mega Mart's cash go? Vishal Mega Mart Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 17 days in FY26, up from −34 days in FY21. It spent ₹2,734 Cr on assets over the last 3 years. Customers take 1 days to pay, and stock sits for 80 days on average. At FY26 sales of ₹12,906 Cr, each day of that cycle ties up about ₹35.4 Cr, so roughly ₹601 Cr is tied up in the business at any time. FY26: customers took 1 days to pay and stock sat for 80 days, about 2.6 months of sales sitting as stock, for a full cycle of 17 days, longer than FY21's −34. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 80 days. Customers pay about 1 days after that. Suppliers are paid at 64 days. Together that makes the 17-day cycle. Spending on assets: ₹2,734 Cr over the last 3 years, against ₹1,780 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹34.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Vishal Mega Mart's P/E ratio, and how does it compare with its own history? Vishal Mega Mart Ltd's P/E is 47.4×, about the lowest it has ever been. Its usual P/E (the middle reading) is 85.8×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +31.4% while the price moved −37.3%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Vishal Mega Mart business getting better or worse? Vishal Mega Mart Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 15.6%; each line tells part of the story. This is based on 9 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Vishal Mega Mart earn on its capital? Vishal Mega Mart Ltd earned a ROCE of 15% in FY26. That is up from a low of 8% in FY21. Its return on capital used (ROIC) is 0.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.5% net margin and 1.13× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.5% net margin × 1.13× asset turnover × 1.54× leverage (assets divided by equity) ≈ 11.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 12.3% − 12.0% = +0.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Vishal Mega Mart have too much debt? Vishal Mega Mart Ltd has total debt of ₹2,123 Cr against shareholder equity of ₹7,896 Cr as of Sep 2026, so its debt is 0.27× its equity, which is very little. Year by year, that ratio went from 0.26 in FY24 to 0.27 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Vishal Mega Mart shareholding pattern? Promoters cut their stake in Vishal Mega Mart Ltd by 36.0 percentage points over 7 quarters, the biggest change among its owners. Promoters now own 40.0% of the company. Domestic institutions moved +26.6 points over the same period, to 36.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −36.0 points over 7 quarters, to 40.0%; Domestic institutions: +26.6 points over 7 quarters, to 36.5%; Foreign institutions: +12.2 points over 7 quarters, to 18.8%. Why the owners changed: promoters drove it (−36.0 points), with the other side taken by domestic institutions (+26.6 points). They reduced their stake. ## How far is Vishal Mega Mart from balance-sheet trouble? For Vishal Mega Mart Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Vishal Mega Mart rank in its industry? 50.4 out of 100, rank 17 of 26 in Textiles - Readymade Apparel, with 78% of the evidence available. Vishal Mega Mart Ltd scores 50.4 out of 100 against the 26 companies it is compared with in Textiles - Readymade Apparel, ranking 17. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 19.3 + 15 + 7.6 + 8.5 = 50.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Vishal Mega Mart compared with? Vishal Mega Mart ranks 17 of 26 Textiles - Readymade Apparel companies on the 4-Factor Sector Score, with 50.4 out of 100. 1. [Cantabil Retail India Ltd](https://www.sectoralpha.in/stocks/cantabil-retail-india-ltd) CANTABIL · turning · Most evidence points up · 96% evidence 74.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 15.8% · Profit 22.8% · Operating margin change 2 points · 88% evidence Capital efficiency 20.4/25 · ROCE 19.4% · Operating margin 33% · 100% evidence Valuation 15.9/20 · P/E 21.7× · PEG 0.75 · 100% evidence Relative strength 15.4/20 · Lead over its industry 9.5% · Lead over NIFTY 500 6.5% · 1 year -2.8% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.9 + 20.4 + 15.9 + 15.4 = 74.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Karnika Industries Ltd](https://www.sectoralpha.in/stocks/karnika-industries-ltd) KARNIKA · breaking out · Most evidence points up · 67% evidence 70.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 47.8% · Profit 68.4% · Operating margin change -2 points · 95% evidence Capital efficiency 20.8/25 · ROCE 29.6% · Operating margin 19% · 76% evidence Valuation 11.3/20 · P/E 25.5× · PEG n/a · 50% evidence Relative strength 11.8/20 · Lead over its industry n/a · Lead over NIFTY 500 11.8% · 1 year -21.1% · 25% evidence · 5 of 12 weeks ahead Exact sum: 26.3 + 20.8 + 11.3 + 11.8 = 70.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Thomas Scott India Ltd](https://www.sectoralpha.in/stocks/thomas-scott-india-ltd) THOMASCOTT · Most evidence points up · 69% evidence 67.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.2/43.75 · Revenue 61.5% · Profit 54.4% · Operating margin change 0.7 points · 88% evidence Capital efficiency 17.6/31.25 · ROCE 20.4% · Operating margin 12% · 100% evidence Valuation 15.3/25 · P/E 21× · PEG 1.14 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.2 + 17.6 + 15.3 = 67.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 4. [Trent Ltd](https://www.sectoralpha.in/stocks/trent-ltd) TRENT · turning · Most evidence points up · 93% evidence 66.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/35 · Revenue 18.4% · Profit 18.8% · Operating margin change 1 points · 100% evidence Capital efficiency 21.0/25 · ROCE 28.3% · Operating margin 18% · 100% evidence Valuation 4.2/20 · P/E 84× · PEG 5.04 · 65% evidence Relative strength 17.6/20 · Lead over its industry 17.1% · Lead over NIFTY 500 13.5% · 1 year -3.6% · 100% evidence · 4 of 12 weeks ahead Exact sum: 23.9 + 21 + 4.2 + 17.6 = 66.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [SBC Exports Ltd](https://www.sectoralpha.in/stocks/sbc-exports-ltd) SBC · leader · Evidence leans up · 82% evidence 64.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 63.4% · Profit 100% · Operating margin change -3 points · 95% evidence Capital efficiency 14.9/25 · ROCE 18.4% · Operating margin 9% · 76% evidence Valuation 5.8/20 · P/E 82.3× · PEG n/a · 50% evidence Relative strength 20.0/20 · Lead over its industry 89% · Lead over NIFTY 500 82.5% · 1 year 176.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 23.8 + 14.9 + 5.8 + 20 = 64.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [V-Mart Retail Ltd](https://www.sectoralpha.in/stocks/v-mart-retail-ltd) VMART · turning · Evidence leans up · 89% evidence 62.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/35 · Revenue 19.1% · Profit 100% · Operating margin change 1 points · 88% evidence Capital efficiency 9.1/25 · ROCE 13.2% · Operating margin 15% · 100% evidence Valuation 11.7/20 · P/E 42.4× · PEG 1.03 · 65% evidence Relative strength 14.7/20 · Lead over its industry 14.4% · Lead over NIFTY 500 10.5% · 1 year -10.9% · 100% evidence · 9 of 12 weeks ahead Exact sum: 26.8 + 9.1 + 11.7 + 14.7 = 62.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Pearl Global Industries Ltd](https://www.sectoralpha.in/stocks/pearl-global-industries-ltd) PGIL · leader · Evidence leans up · 78% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 13.7% · Profit 29.4% · Operating margin change 2 points · 83% evidence Capital efficiency 17.0/25 · ROCE 19.9% · Operating margin 11% · 76% evidence Valuation 6.4/20 · P/E 35.2× · PEG n/a · 50% evidence Relative strength 17.6/20 · Lead over its industry 39.1% · Lead over NIFTY 500 34.6% · 1 year 80.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.3 + 17 + 6.4 + 17.6 = 61.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Bella Casa Fashion & Retail Ltd](https://www.sectoralpha.in/stocks/bella-casa-fashion-retail-ltd) BELLACASA · Evidence leans up · 76% evidence 58.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/43.75 · Revenue 21.8% · Profit 37% · Operating margin change -4.4 points · 88% evidence Capital efficiency 14.9/31.25 · ROCE 17.2% · Operating margin 3.8% · 100% evidence Valuation 20.1/25 · P/E 16.6× · PEG 0.45 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 23.9 + 14.9 + 20.1 = 58.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 9. [Aditya Birla Lifestyle Brands Ltd](https://www.sectoralpha.in/stocks/aditya-birla-lifestyle-brands-ltd) ABLBL · quiet · Evidence leans up · 78% evidence 55.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 10.9% · Profit 42.1% · Operating margin change 0 points · 100% evidence Capital efficiency 13.2/25 · ROCE 15% · Operating margin 16% · 100% evidence Valuation 11.6/20 · P/E 35.4× · PEG 1.05 · 65% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -26.5% · 1 year -47.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 22.5 + 13.2 + 11.6 + 8.1 = 55.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Baazar Style Retail Ltd](https://www.sectoralpha.in/stocks/baazar-style-retail-ltd) STYLEBAAZA · breaking out · Evidence leans up · 79% evidence 54.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 34.9% · Profit 100% · Operating margin change -0.6 points · 88% evidence Capital efficiency 5.8/25 · ROCE 7.6% · Operating margin 14.8% · 100% evidence Valuation 8.5/20 · P/E 98.5× · PEG n/a · 15% evidence Relative strength 17.3/20 · Lead over its industry 16.3% · Lead over NIFTY 500 12.8% · 1 year 11.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 23.1 + 5.8 + 8.5 + 17.3 = 54.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Sai Silks (Kalamandir) Ltd](https://www.sectoralpha.in/stocks/sai-silks-kalamandirltd) KALAMANDIR · basing · Evidence leans up · 81% evidence 54.5 out of 100 Growth Capital Valuation Relative
12. [Iris Clothings Ltd](https://www.sectoralpha.in/stocks/iris-clothings-ltd) IRISDOREME · leader · Evidence leans up · 100% evidence 54.2 out of 100 Growth Capital Valuation Relative
13. [Kewal Kiran Clothing Ltd](https://www.sectoralpha.in/stocks/kewal-kiran-clothing-ltd) KKCL · quiet · Evidence leans up · 78% evidence 53.2 out of 100 Growth Capital Valuation Relative
14. [V2 Retail Ltd](https://www.sectoralpha.in/stocks/v2-retail-ltd) V2RETAIL · quiet · Evidence leans up · 79% evidence 52.9 out of 100 Growth Capital Valuation Relative
15. [Arvind Fashions Ltd](https://www.sectoralpha.in/stocks/arvind-fashions-ltd) ARVINDFASN · quiet · Evidence leans up · 89% evidence 52.3 out of 100 Growth Capital Valuation Relative
16. [Monte Carlo Fashions Ltd](https://www.sectoralpha.in/stocks/monte-carlo-fashions-ltd) MONTECARLO · turning · Evidence leans up · 73% evidence 50.5 out of 100 Growth Capital Valuation Relative
17. Vishal Mega Mart Ltd this page VMM · quiet · Evidence leans up · 78% evidence 50.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 17.8% · Profit 22% · Operating margin change -1 points · 100% evidence Capital efficiency 15.0/25 · ROCE 15.2% · Operating margin 12% · 100% evidence Valuation 7.6/20 · P/E 44.1× · PEG 2.01 · 65% evidence Relative strength 8.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -23.8% · 1 year -41.7% · 25% evidence · 0 of 12 weeks ahead Exact sum: 19.3 + 15 + 7.6 + 8.5 = 50.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 18. [Vedant Fashions Ltd](https://www.sectoralpha.in/stocks/vedant-fashions-ltd) MANYAVAR · breaking out · Evidence leans down · 81% evidence 49.4 out of 100 Growth Capital Valuation Relative
19. [Credo Brands Marketing Ltd](https://www.sectoralpha.in/stocks/credo-brands-marketing-ltd) MUFTI · Evidence leans down · 76% evidence 45.5 out of 100 Growth Capital Valuation Relative
20. [S P Apparels Ltd](https://www.sectoralpha.in/stocks/s-p-apparels-ltd) SPAL · quiet · Evidence leans down · 96% evidence 42.5 out of 100 Growth Capital Valuation Relative
21. [Lux Industries Ltd](https://www.sectoralpha.in/stocks/lux-industries-ltd) LUXIND · quiet · Evidence leans down · 78% evidence 41.6 out of 100 Growth Capital Valuation Relative
22. [Raymond Lifestyle Ltd](https://www.sectoralpha.in/stocks/raymond-lifestyle-ltd) RAYMONDLSL · quiet · Evidence leans down · 78% evidence 39.3 out of 100 Growth Capital Valuation Relative
23. [Go Fashion (India) Ltd](https://www.sectoralpha.in/stocks/go-fashion-indialtd) GOCOLORS · quiet · Evidence leans down · 75% evidence 35.9 out of 100 Growth Capital Valuation Relative
24. [Gokaldas Exports Ltd](https://www.sectoralpha.in/stocks/gokaldas-exports-ltd) GOKEX · quiet · Most evidence points down · 81% evidence 28.3 out of 100 Growth Capital Valuation Relative
25. [Aditya Birla Fashion & Retail Ltd](https://www.sectoralpha.in/stocks/aditya-birla-fashion-retail-ltd) ABFRL · quiet · Most evidence points down · 61% evidence 27.6 out of 100 Growth Capital Valuation Relative
26. [Kitex Garments Ltd](https://www.sectoralpha.in/stocks/kitex-garments-ltd) KITEX · basing · Most evidence points down · 68% evidence 21.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Textiles - Readymade Apparel](https://www.sectoralpha.in/sectors/textiles-readymade-apparel), all 26 compared on one page. ## Which companies are close to Vishal Mega Mart in size? Vishal Mega Mart is the 2nd largest of 26 Textiles - Readymade Apparel companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Trent. Just below it: Vedant Fashions, Pearl Global Industries, Aditya Birla Lifestyle Brands, V-Mart Retail and V2 Retail. ### Textiles - Readymade Apparel companies close in size

1. [Trent Ltd](https://www.sectoralpha.in/stocks/trent-ltd) ₹1,60,892 crore
2. Vishal Mega Mart Ltd ₹39,540 crore
3. [Vedant Fashions Ltd](https://www.sectoralpha.in/stocks/vedant-fashions-ltd) ₹11,628 crore
4. [Pearl Global Industries Ltd](https://www.sectoralpha.in/stocks/pearl-global-industries-ltd) ₹11,030 crore
5. [Aditya Birla Lifestyle Brands Ltd](https://www.sectoralpha.in/stocks/aditya-birla-lifestyle-brands-ltd) ₹8,606 crore
6. [V-Mart Retail Ltd](https://www.sectoralpha.in/stocks/v-mart-retail-ltd) ₹5,885 crore
7. [V2 Retail Ltd](https://www.sectoralpha.in/stocks/v2-retail-ltd) ₹5,377 crore

[All 26 Textiles - Readymade Apparel companies, largest first](https://www.sectoralpha.in/sectors/textiles-readymade-apparel#all-companies)

### Companies close in size in other industries

1. [Premier Energies Ltd](https://www.sectoralpha.in/stocks/premier-energies-ltd) ₹39,766 crore · Capital Goods - Solar
2. [Patanjali Foods Ltd](https://www.sectoralpha.in/stocks/patanjali-foods-ltd) ₹39,700 crore · FMCG - Foods
3. Vishal Mega Mart Ltd ₹39,540 crore
4. [Embassy Office Parks REIT](https://www.sectoralpha.in/stocks/embassy-office-parks-reit) ₹39,266 crore · Real Estate Investment Trusts
5. [Hindustan Copper Ltd](https://www.sectoralpha.in/stocks/hindustan-copper-ltd) ₹38,763 crore · Metals

## What else do people ask about Vishal Mega Mart? ### What is Vishal Mega Mart's share price today? Vishal Mega Mart Ltd's share price is ₹90.70, −37.3% over the past year. The whole company is worth ₹42,491 Cr on the market. In the last 52 weeks it traded between ₹84 to ₹143; today it is 11% of the way up from the low, 18.9% below its 200-day average (as of 3 November 2026). ### What were Vishal Mega Mart's latest quarterly results? Vishal Mega Mart Ltd reported revenue of ₹3,399 Cr and net profit of ₹158 Cr for the Sep 2026 quarter. Revenue rose 14.0% and profit rose 3.9% compared with a year earlier. Earnings per share were ₹0.34. The operating margin was 12.0%, 1.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Vishal Mega Mart's market cap? Vishal Mega Mart Ltd's market capitalisation is ₹42,491 Cr at a share price of ₹90.70. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Vishal Mega Mart performing? Vishal Mega Mart Ltd's share price has been falling for 40 weeks. In its latest quarter, revenue rose 14.0% and profit rose 3.9% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 23 weeks running (as of 3 November 2026). ### Will Vishal Mega Mart's share price go up? This page does not forecast Vishal Mega Mart Ltd's share price. What it shows instead: the share price is ₹90.70, and it has been falling for 40 weeks. Its P/E of 47.4× is higher than 2% of its own last 2 years (as of 3 November 2026). ### Who owns Vishal Mega Mart? Promoters own 40.0% of Vishal Mega Mart Ltd, foreign institutions 18.8%, domestic institutions 36.5% and the public 4.8% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 36.0 percentage points over 7 quarters (as of 3 November 2026). ### Does Vishal Mega Mart have too much debt? No, Vishal Mega Mart Ltd has little debt: its debt is 0.27× its equity, and its operating profit is 9 times its interest bill. FY26 borrowings were ₹1,988 Cr against equity of ₹7,413 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Vishal Mega Mart in its business cycle? Vishal Mega Mart Ltd's FY26 operating margin was 15.0%, against a 7-year range of 12.0% to 15.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Vishal Mega Mart story? The main question: yearly earnings per share moved +31.4% while the share price moved −37.3%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Vishal Mega Mart a stock worth studying right now? What the numbers show: Vishal Mega Mart Ltd's earnings have grown faster than its share price. Earnings per share grew +31.4% in a year while the price moved −37.3%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Vishal Mega Mart share price forecast for 2026? What management itself guided: Q3 SSSG above 10% needed for nine-month double-digit growth; 12%-13% would deliver a 9% Q2-Q3 average, supporting full-year double-digit ambition. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
- Penny stocks: https://www.sectoralpha.in/penny-stocks-india

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