Vishal Mega Mart Limited — Investor Meet, 05-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Vishal Mega Mart reported Q4 revenue of Rs. 2,547 Cr (+23% YoY) with adjusted PAT at Rs. 128 Cr doubling YoY. FY’25 revenue was Rs. 10,716 Cr (+22.6%), EBITDA margin 14.3%, and PAT at Rs. 676 Cr. Private labels grew to 73%+ of revenue, boosting margins by ~80 bps. The company added 90 stores, expanding rapidly in Kerala and piloting in Maharashtra and Gujarat. Quick commerce operates in 656 stores, contributing 1.5%-5% to revenue with 8.7 million users. Store payback remains ~18 months. Management is confident on steady growth, margin stability, and capturing shifting demand from unorganized to organized retail.