Vishal Mega Mart Limited — PPTs, 29-04-2025: Investor Presentation

### Financial Highlights:

Vishal Mega Mart reported revenue from operations of ₹1,07,163 Cr for FY25, marking a 20.2% increase from ₹89,119 Cr in FY24. Gross profit reached ₹30,527 Cr, yielding a gross margin of 28.5%. Adjusted EBITDA was at ₹15,894 Cr, with a margin of 14.8%. Profit after tax rose to ₹6,320 Cr, representing 5.9% of revenue. The company's robust cash flow from operations remained strong at ₹13,991 Cr.

### Strategic Initiatives & Growth Drivers:

The company expanded its footprint by adding 90 new stores in FY25, bringing the total to 696 across 458 cities. The strategic focus is on Tier 2 cities, which account for 72% of its stores. Vishal Mega Mart is enhancing technology-enabled operations and increasing supply chain efficiency, along with offering a diverse product range that includes apparel, FMCG, and general merchandise.

### Business Developments:

Vishal Mega Mart's portfolio of own brands contributes approximately 73.1% to total revenue. Recent product introductions include kitchen appliances and personal care items. Their loyalty program has attracted 145 million customers, significantly boosting sales.

### Market Position & Competitive Advantage:

Vishal Mega Mart maintains a strong position in the Indian retail market, focusing on the middle and lower-middle income population of about 945 million. The company leverages a diversified merchandise mix and a capital-efficient store model.

### Investor Implications:

With strong revenue growth and an expanding store network, Vishal Mega Mart shows positive growth potential. Investors should keep an eye on execution risks related to its expansion strategy and technology upgrades.