V-Mart Retail Ltd.
Snapshot View

3367.95 -13.80 ▼-0.4%

23 July 2021, 04:00:00 P.M.
Volume: 1,580

Overview View Details

Sector Retailing Compare with Sector peers
Industry Retailing Compare with Industry peers
Website http://www.vmart.co.in
Financial Indicators
Market Cap 6,609.73 Cr.
Earnings per share (EPS) -3.15 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share 418.66 Trailing Twelve Months Ending 2021-03
Price to Book Value 8.01 Calculated using Price: 3,353.30
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.97 Cr. 19,711,116 Shares
FaceValue 10
Company Profile

V-Mart Retail Ltd. was founded in 2002. V-Mart is a complete family retail store chain offering apparel, footwear and accessories for men, women and kids. The company also offers a wide range of home furnishings, general merchandise, toys, tableware, utensils, and other home utility items. In 2018, V-Mart Retail was adjudged the world’s best performing departmental store, as per data compiled by Bloomberg. In 2019, the company was bestowed with the 'Transforming India Through Retail' award for 'Transforming lives in Tier II and III cities' by Ministry of Textiles, Govt. of India.

Business area of the company

The company is engaged in the business of retail trade. The company is into business of apparels for Men, Women, Girls, Boys. It is also into Home decor and Kirana Bazar.

V-Mart has internally created 4 divisions/formats

V-Mart Aspire - This format caters to the young generation and hence the focus of the company is to provide GEN X latest trends in fashion. The target customers are the youth and hence the designers in the company study the market trend to purchase and stock the merchandise accordingly.

V-Mart Plus - These stores cater to all the age groups and serve the basic needs of customers and provide contemporary fashion as well. Since the store serves customers of all age group and across the sections of the society, the company stocks the merchandise accordingly. These stores are normally in an area where the target customers range from kids to senior citizens.

V-Mart Corporate - These stores are targeted at customers from the age group 22-25 years and serve their contemporary fashion needs. The merchandise in these stores are specifically for office going individuals, both male and female and this line has been internally termed by the company as Gold Line Fashion. These stores are located in areas where the population mostly comprises of working professionals.

V-Mart Values - These stores cater to all age group formats focusing on basic needs keeping in mind the economic status of the region where the store is situated. But along with providing low cost products with good fashion, the quality of the products is not compromised on and the company provides value for money while manufacturing/purchasing low cost products.

Awards

2016-17

  • India’s No. 1 Brand Awards 2016 in India’s Best Retail Fashion Store Chain category.

2017-18

  • V-Mart was recognised by Bloomberg as the “World’s best performing department store chain this year” in April 2018.
  • V-Mart was recognised by progressive Grocer as the “Value retailer of choice” in 2018”.
  • Chairman & Managing director of the Company, Mr. Lalit Agarwal, conferred as the ‘Retail Leader of the Year 2018’ by Franchise India”.

2018-19

  • In Jan 2019 V-Mart was bestowed the 'Transforming India Through Retail' award, for 'transforming lives in Tier II & III cities' by the Honorable Union Minister of Textiles.
  • The Company was also bestowed with the Retail Champion Award for Apparel & Lifestyle by Retail Association of India.
  • The Company was recognised in 2018 as The World’s Best Performing Department Store as per Bloomberg data. Lalit Agarwal, the Chairman and Managing Director was also conferred the award of the ‘Retail Leader of the Year-2018’ by Franchise India.
  • The Company was the 2018 Winner of “Best Practice in Learning Transfer for Improving Business Bottom Line” at the World HRD Congress.

2019-20

  • Most Admired Affordable Retailer in Visual Merchandising Concept at IFA- Images Fashion Awards.
  • V-Mart Certified as a ‘Great Place to Work’ by the Great Place to Work (GPTW) Institute, India.
  • Award from RSLDC (Rajasthan government) for Best Project Implementation Agency in the Skill Development Programme.

Milestones

  • 2002: Incorporated as Varin Commercial Private Limited.
  • 2003: Launched the maiden store in Gujrat.
  • 2004: Established its maiden store in New Delhi.
  • 2006: Renamed V-Mart Retail Private Limited; crosses 100,000 square aggregate feet in retail space.
  • 2008: Converted from a private limited to public limited company; secured private equity funding from Naman Finance (Aditya Birla Group) and DB Corp Limited.
  • 2011: Crossed Rs 2000 million turnover; declared a dividend of 4%.
  • 2012: Crossed 500,000 square feet in retail space; extended its presence to more than 50 cities; granted 153,252 ESOPs; declared a dividend of 4%.
  • 2013: Made a pre-IPO placement of 12,50,000 equity shares; made a public issue of 44,96,000 equity shares; issue oversubscribed 1.2 times; attracted marquee institutional and HNI investors.
  • 2014: Opened 23 new stores across 190,000 square feet; invested in infrastructure; achieved incremental footfall was 32%.
  • 2015: Consolidation of distribution centres; launched vendor portal; stores crossed 100 to 108 (8.82 lac square feet); corporate office relocated to Gurugram; Board was reconstituted.
  • 2016: Ventured into two new states (West Bengal and Odisha); opened 17 new stores (from 108 in FY15 to 123 in FY16); integrated vendor portal and advanced warehouse management system.
  • 2017: Crossed Rs 1000 cr of revenue, Best Short-term ICRA rating A1+.
  • 2018: Ventured into Tier IV towns; Private label business grows to 50 per cent.
  • 2019: The Company launched its omni channel platform in Oct, 2019 and has subsequently expanded it across its store network.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.41%
1 Week
+2.64%
1 Month
+18.20%
3 Month
+31.68%
6 Month
+34.98%
1 Year
+89.05%
2 Year
+76.74%
5 Year
+599.18%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 21.30 17.84 15.83 19.93 12.69 17.57 25.27 16.40 11.49
Return on Capital Employed (%) 25.39 23.24 21.19 26.48 19.39 26.12 36.07 27.81 29.74
Return on Assets (%) 8.22 9.54 9.38 11.55 7.02 9.48 15.18 10.62 5.40

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 54 148 170 205 231 270 347 409 459
Non Curr. Liab. 11 2 1 7 6 -1 -1 -1 428
Curr. Liab. 80 83 132 131 206 213 194 211 321
Minority Int.
Equity & Liab. 145 233 303 344 443 483 541 620 1,208
Non Curr. Assets 49 69 99 120 143 141 173 198 690
Curr. Assets 96 163 205 223 301 342 367 422 518
Misc. Exp. not W/O
Total Assets 145 233 303 344 443 483 541 620 1,208

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 282 383 575 720 809 1,002 1,222 1,434 1,662
Other Income 0 1 1 2 1 4 4 6 4
Total Income 282 384 576 722 810 1,006 1,227 1,440 1,667
Total Expenditure -254 -344 -523 -657 -745 -914 -1,086 -1,297 -1,443
PBIDT 28 40 53 66 65 92 141 143 223
Interest -7 -6 -4 -4 -6 -7 -5 -6 -60
Depreciation -6 -8 -11 -5 -19 -19 -23 -28 -94
Taxation -5 -9 -13 -18 -15 -23 -35 -38 -20
Exceptional Items -2 1 -10
PAT 10 18 25 37 28 44 78 62 49

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 17 10 11 40 46 69 58 76 86
Cash Fr. Inv. -14 -62 -27 -19 -37 -73 -8 -73 1
Cash Fr. Finan. -3 67 2 -20 -10 5 -38 -4 -94
Net Change 0 14 -14 1 -1 1 11 -1 -8
Cash & Cash Eqvt 1 15 2 3 2 3 14 12 5

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 52.46 51.99 51.99 51.99 51.16 50.80 50.60 46.67 46.66
Public 47.54 48.01 48.01 48.01 48.84 49.20 49.40 53.33 53.34
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.27 0.00 0.00 0.00

Announcements View Details

Sat, 24 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
With reference to our letter dated July 22 2021 (Ref. No. CS/S/L-503/2021-22) intimating you about the conference call with Analysts and Investors held on July 23 2021 the audio recording of the same can be accessed through the link: https://www.vmart.co.in/nimda/product_image/invester/Transcript_Call.mp3.
Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed herewith press release on the acquisition of assets of 74 value fashion retail stores in South India by V-Mart Retail Ltd. from Arvind Lifestyle Brands Ltd. a wholly owned subsidiary of Arvind Fashions Ltd.
Thu, 22 Jul 2021
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
With regard to the captioned matter and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("Listing Regulations") we wish to inform you that V-Mart Retail Limited ("VRL" or" Company") has agreed to acquire certain assets of Unlimited from Arvind Lifestyle Brands Ltd (ALBL) a wholly owned subsidiary of Arvind Fashions Ltd (AFL) vide an Asset Transfer Agreement dated 22nd July 2021 (Agreement) subject to completion of customary terms and conditions precedent.
The Board of Directors in its meeting held on 21st July 2021 have approved this acquisition.
The details required pursuant to Regulation 30 of the Listing
Further the Board has also recommended to increase the total number of Stock Options under the Companys Employee Stock Options Scheme (ESOP) 2020 from 2 00 000 (Two Lakh) Options to 5 00 000 (Five Lakh) Options subject to approval of shareholders in the upcoming Annual General Meeting.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

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