Vishal Mega Mart Limited Q2 FY26 earnings call summary

Earnings call of 14 Nov 2025, summarised by AI from the filing.

No forward-looking guidance given; management optimistic on consumption from GST, income tax cuts and good Kharif rainfall.

Key takeaways

1. Guidance No forward-looking guidance given; management optimistic on consumption from GST, income tax cuts and good Kharif rainfall.
2. Festive shift Durga Puja and Chhath benefits came in Q2 this year vs Q3 last year; estimated 150-200 bps SSSG impact.
3. Growth driver Volume growth from new customers and more items per bill is the largest driver of same-store sales growth.
4. Risk Extended monsoon and five-day Assam mourning during Durga Puja disrupted revenue; impact not quantified.

Original filing on BSE

Vishal Mega Mart Limited Q1 FY27 results

As filed: Revenue ₹3,727 cr (+19% year on year), EBITDA ₹545 cr (+19% year on year), PAT ₹259 cr (+26% year on year), EBITDA margin 14.6% (0 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹3,114 cr (+22% year on year), EBITDA ₹425 cr (+19% year on year), PAT ₹168 cr (+46% year on year), EBITDA margin 13.6% (−37 bps). Score 69 of 100, Above trend. EBITDA margin fell 37 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 15% from last quarter. Share price after the results: −4.2% in 28 days (Nifty 500: −2.8%).
• Q3 FY26: Revenue ₹3,670 cr (+17% year on year), EBITDA ₹605 cr (+20% year on year), PAT ₹313 cr (+19% year on year), EBITDA margin 16.5% (+38 bps). Score 62 of 100, In line with trend. EBITDA margin rose 38 bps year on year. Not enough history for a trend yet: scored on growth alone. Share price after the results: +3.2% in 30 days (Nifty 500: +2.8%).
• Q2 FY26: Revenue ₹2,981 cr, EBITDA ₹394 cr, PAT ₹152 cr, EBITDA margin 13.2%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹2,981 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: −2.5% in 29 days (Nifty 500: −0.4%).
• Q1 FY26: Revenue ₹3,140 cr, EBITDA ₹459 cr, PAT ₹206 cr, EBITDA margin 14.6%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹3,140 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: +5.5% in 28 days (Nifty 500: +0.6%).
• Q4 FY25: Revenue ₹2,548 cr, EBITDA ₹357 cr, PAT ₹115 cr, EBITDA margin 14.0%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹2,548 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: +17.4% in 30 days (Nifty 500: +3.4%).
• Q3 FY25: Revenue ₹3,136 cr, EBITDA ₹505 cr, PAT ₹263 cr, EBITDA margin 16.1%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹3,136 cr). Scored once a year-earlier consolidated quarter exists.

Past price moves after results do not indicate future moves. Not a recommendation.

Vishal Mega Mart Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (23 Jul 2026), Results deck (23 Jul 2026)
• Q4 FY26: Earnings call (15 May 2026), Results deck (14 May 2026), Results press release (14 May 2026)
• Q3 FY26: Earnings call (28 Jan 2026), Results deck (27 Jan 2026), Results press release (27 Jan 2026)
• Q2 FY26: Earnings call (14 Nov 2025), Results deck (13 Nov 2025), Results press release (13 Nov 2025)
• Q1 FY26: Earnings call (14 Aug 2025), Results deck (13 Aug 2025), Results press release (13 Aug 2025)
• Q4 FY25: Earnings call (30 Apr 2025), Earnings call (30 Apr 2025), Results deck (29 Apr 2025), Results press release (29 Apr 2025)