V-Mart Retail Limited — Investor Meet, 30-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

V-Mart Retail delivered strong Q1 FY27 results with revenue up 23% and Same-Store Growth (SSG) at 9%, marking 11 consecutive quarters of positive SSG. Footfalls rose 39%, memo count 18%. PAT surged 41% to INR 47 crore, and Pre-IndAS EBITDA grew 36% to INR 83 crore. Gross margin softened 80 bps to 34.5% due to product mix and inventory provisioning, yet operating leverage was robust. Days of inventory reduced to 86. The Unlimited format continued its strong momentum, driving expansion in Southern markets. The company plans 90+ new stores this year, focusing on disciplined growth amidst cautious outlook on raw material costs and monsoon impact. Management targets 3-5% ASP increases and mid-to-high single-digit SSG.