V
V-Mart Retail Ltd
Retail
₹ 805.15 +8.15 (1.02%)
₹ 805.15 +8.15 (1.02%)
- NSE
- BSE
Overview
- BSE Code 534976
- NSE Symbol VMART
- ISIN Demat INE665J01013
- Book Value (₹) 102.08
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 6,239.97
- P/E (TTM) 260.31
- EPS (TTM) 3.02
- Div Yield (%) 0.00
Performance
Today’s Low 794.65
Today’s High 818.00
52W Low 676.04
52W High 1,130.00
Open 804.05
Prev. Close 797.00
Volume 1,15,979.00
Corporate Actions
V-Mart Retail Limited - Board Meeting Intimation
Apr 23, 2025V-MART RETAIL LIMITED has informed the Exchange about Board Meeting to be held on 02-May-2025 to consider and approve the Yearly Audited Financial results of the Company for the period ended March 2025 and Dividend.
V-Mart Retail Limited - Trading Window-XBRL
Apr 23, 2025V-Mart Retail Limited has informed the Exchange about Closure of Trading Window
About V-Mart Retail Ltd
History
V-Mart Retail Ltd is engaged in the business of 'Value Retailing' departmental stores bringing forth apparel, non-apparel merchandise and kirana, catering to the entire family. V-Mart is one of the pioneers in terms of setting up stores across Tier-II and Tier-III cities in India, with a 'value retail' chain. V-Mart Retail Ltd was originally incorporated with the name Varin Commercial Private Limited on July 24, 2002, in West Bengal. In October 2003, the company opened its first store, ' V-Mart' in Ahmedabad, Gujarat. The company went public on February 20, 2013. In 2014, the company implemented a space policy at the stores whereby space was allocated to the line of business, which had a propensity to generate better returns on the space allocated. The company continued consolidating its back-end and front-end processes this year by taking various initiatives. The 3 core core priority areas for the company at this point of time, were supply chain management, capability building and investment in infrastructure. In 2015, the company transitioned to a new warehouse and corporate office. In 2019, V-Mart added 3 new states to its list of states where they had a presence, i.e. Assam, Meghalaya, and Himachal Pradesh. This led to its expansion to 17 states. In FY 2022, the company started a marketing campaign, i.e. 'fashion ka pyar, har tyohar' to bind all its festival-related marketing activities. It launched a digital video film titled 'Break Free Live free', to celebrate fashion. This campaign was clubbed with Summer, Holi and Eid festivals. It initiated an upgrade of the company's communication standards. It moved from a Limbo photoshoot style to a proper outdoor shoot with aspirational imagery to connect with youth. In 2022-23, the company opened 59 new stores. Over the years, V-Mart has been trying to expand wider and deeper into the country.Business Segments
The company operates in the following business segments:- Trading of Fashion Retail- This segment can be further divided into the following sub-segments.Apparel- The organization sells apparel with an average price of ₹410. This segment brought in 79% of the revenue in FY 2023.Non-Apparel- Non-apparel categories include footwear, fashion accessories, toys and games, and home and lifestyle products. This segment brought in 11% of the revenue in FY 2023.
- Retail Trading of FMCG- Titled ‘Kirana Bazaar’, this segment specialises in food, non-food, and staple items. This segment also brought in 10% of the total revenue in FY 2023.
Key Personnel
Mr Lalit Agrawal, Managing Director Mr Lalit Agarwal is a retail entrepreneur who founded V-Mart in 2002, pioneering the concept of organised value retailing core prioritying on affordable fashion in Tier II, III, and IV Indian cities. As a leading industry voice, Lalit is also the Chairman of the Retailers Association of India (RAI) for the Northern Region.Corporate Actions
The company has not had any major corporate actions in recent years. Mergers and Acquisitions- It gained complete control of LimeRoad, a digital marketplace specialising in fashion and lifestyle products, effective October 17, 2022.
- In 2022, the organization gained complete control of 74 stores and 1 warehouse from Arvind Lifestyle Brands Ltd.
Founded | : 2002 |
Chairman | : Aakash Moondhra |
Managing Director | : Lalit Agarwal |
Address | : 610-611 Guru Ram Dass Nagar, Main Market Laxmi Nagar, New Delhi, New Delhi, 110092, |
HO Tel | : 91-0124-4640030 |
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