Vishal Mega Mart Limited — quarter and year ended 31 March 2026 (audited)
Vishal Mega Mart Limited (Formerly known as Vishal Mega Mart Private Limited)
(All amounts are in millions of rupees unless otherwise stated)
| Particulars | For the quarter ended 31 March 2026 Audited | For the quarter ended 31 December 2025 Unaudited | For the quarter ended 31 March 2025 Audited | For the year ended 31 March 2026 Audited | For the year ended 31 March 2025 Audited |
|---|---|---|---|---|---|
| I Income | |||||
| Revenue from operations | 31,141.03 | 36,704.11 | 25,478.94 | 1,29,063.21 | 1,07,163.45 |
| Other income | 245.15 | 245.93 | 186.28 | 862.86 | 585.56 |
| Total income | 31,386.18 | 36,950.04 | 25,665.22 | 1,29,926.07 | 1,07,749.01 |
| II Expenses | |||||
| Purchases of stock-in-trade | 24,560.95 | 21,980.71 | 21,451.54 | 94,044.49 | 80,486.73 |
| Changes in inventories of stock-in-trade | (2,092.16) | 4,058.71 | (3,174.09) | (1,662.17) | (3,850.52) |
| Employee benefits expense | 1,889.87 | 1,921.22 | 1,673.22 | 7,283.29 | 6,405.84 |
| Depreciation and amortisation expenses | 1,775.56 | 1,676.48 | 1,707.00 | 6,734.23 | 5,902.37 |
| Finance costs | 464.19 | 426.95 | 493.12 | 1,714.80 | 1,492.06 |
| Other expenses | 2,534.81 | 2,692.17 | 1,957.07 | 10,561.39 | 8,819.60 |
| Total expenses | 29,133.22 | 32,756.24 | 24,107.86 | 1,18,676.03 | 99,256.08 |
| III Profit before tax (I-II) | 2,252.96 | 4,193.80 | 1,557.36 | 11,250.04 | 8,492.93 |
| IV Tax expense: | |||||
| Current tax | 755.11 | 857.30 | 564.23 | 3,098.17 | 2,299.49 |
| Deferred tax | (181.34) | 207.27 | (157.99) | (240.40) | (126.23) |
| Total tax expense | 573.77 | 1,064.57 | 406.24 | 2,857.77 | 2,173.26 |
| V Profit for the period/year (III-IV) | 1,679.19 | 3,129.23 | 1,151.12 | 8,392.27 | 6,319.67 |
| VI Other comprehensive income/(loss) | |||||
| Items that will not be reclassified to profit or loss | |||||
| – Remeasurement gain/(loss) on defined benefit obligations | 3.28 | (3.93) | 15.30 | (19.97) | (20.03) |
| Income-tax relating to items that will not be reclassified to profit or loss | (0.82) | 0.98 | (3.87) | 5.03 | 5.04 |
| Other comprehensive income/(loss) for the period/year, net of tax | 2.46 | (2.95) | 11.43 | (14.94) | (14.99) |
| VII Total comprehensive income for the period/year, net of tax (V+VI) | 1,681.65 | 3,126.28 | 1,162.55 | 8,377.33 | 6,304.68 |
| Particulars | 31 March 2026 Audited | 31 December 2025 Unaudited | 31 March 2025 Audited | 31 March 2026 Audited | 31 March 2025 Audited |
|---|---|---|---|---|---|
| Profit for the year attributable to: | 1,679.19 | 3,129.23 | 1,151.12 | 8,392.27 | 6,319.67 |
| Other comprehensive loss attributable to: | 2.46 | (2.95) | 11.43 | (14.94) | (14.99) |
| Total comprehensive income attributable to: | 1,681.65 | 3,126.28 | 1,162.55 | 8,377.33 | 6,304.68 |
| Date | Amount |
|---|---|
| 31 March 2026 | 46,731.18 |
| 31 December 2025 | 46,730.03 |
| 31 March 2025 | 45,974.28 |
| Date | Amount |
|---|---|
| 31 March 2026 | 27,401.40 |
| 31 March 2025 | 18,038.74 |
| 31 March 2026 | 31 December 2025 | 31 March 2025 | 31 March 2026 | 31 March 2025 | |
|---|---|---|---|---|---|
| – Basic (Rs.) | 0.36 | 0.67 | 0.25 | 1.80 | 1.40 |
| – Diluted (Rs.) | 0.36 | 0.66 | 0.25 | 1.79 | 1.36 |
| Particulars | As at 31 March 2026 Audited | As at 31 March 2025 Audited |
|---|---|---|
| A. Assets | ||
| I Non-current assets | ||
| Property, plant and equipment | 7,958.84 | 6,950.73 |
| Capital work-in-progress | 336.23 | 136.32 |
| Right-of-use assets | 17,844.35 | 15,456.55 |
| Goodwill | 42,836.34 | 42,836.34 |
| Other intangible assets | 177.94 | 104.31 |
| Financial assets | ||
| (i) Other financial assets | 1,082.35 | 918.58 |
| Deferred tax assets | 2,558.42 | 2,312.99 |
| Non-current tax assets (net) | 307.73 | 151.00 |
| Other non-current assets | 58.30 | 46.02 |
| Total non-current assets | 73,160.50 | 68,912.84 |
| II Current assets | ||
| Inventories | 20,170.44 | 18,503.07 |
| Financial assets | ||
| (i) Investments | 11,190.30 | 3,872.78 |
| (ii) Trade receivables | 278.20 | 664.44 |
| (iii) Cash and cash equivalents | 5,300.30 | 3,969.60 |
| (iv) Bank balances other than cash and cash equivalents | 648.58 | 667.05 |
| (v) Other financial assets | 236.46 | 241.86 |
| Other current assets | 3,509.50 | 3,098.81 |
| Total current assets | 41,333.78 | 31,017.61 |
| Total assets | 1,14,494.28 | 99,930.45 |
| B. Equity and liabilities | ||
| I Equity | ||
| Equity share capital | 46,731.18 | 45,974.28 |
| Other equity | 27,401.40 | 18,038.74 |
| Equity attributable to shareholders of the Holding Company | 74,132.58 | 64,013.02 |
| Total equity | 74,132.58 | 64,013.02 |
| II Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| (i) Lease liabilities | 14,072.26 | 12,218.44 |
| Provisions | 474.82 | 369.16 |
| Total non-current liabilities | 14,547.08 | 12,587.60 |
| III Current liabilities | ||
| Financial liabilities | ||
| (i) Lease liabilities | 5,807.52 | 5,075.38 |
| (ii) Trade payables | ||
| Total outstanding dues of micro enterprises and small enterprises; and | 9,448.40 | 6,027.64 |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 6,739.57 | 8,758.05 |
| (iii) Other financial liabilities | 780.93 | 829.03 |
| Other current liabilities | 864.12 | 2,419.89 |
| Provisions | 282.53 | 219.84 |
| Current tax liabilities | 1,891.55 | – |
| Total current liabilities | 25,814.62 | 23,329.83 |
| Total liabilities | 40,361.70 | 35,917.43 |
| Total equity and liabilities | 1,14,494.28 | 99,930.45 |
| Particulars | For the year ended 31 March 2026 Audited | For the year ended 31 March 2025 Audited |
|---|---|---|
| A. Cash flows from operating activities | ||
| Net profit before tax | 11,250.04 | 8,492.93 |
| Adjustments for: | ||
| Depreciation and amortisation expenses | 6,734.23 | 5,902.37 |
| Loss on disposal of property, plant and equipment (net) | 18.86 | 24.60 |
| Gain on fair valuation of investments | (103.76) | (36.01) |
| Gain on sale of investments | (544.32) | (340.58) |
| Interest income | (146.80) | (159.21) |
| Liabilities no longer required, written back | (268.67) | (38.38) |
| Gain on modification of leases | (64.86) | (46.64) |
| Finance costs | 1,714.80 | 1,492.06 |
| Share based payment expense | 501.47 | 592.46 |
| Operating profit before working capital changes | 19,090.99 | 15,883.60 |
| Adjustments for: | ||
| Decrease/(increase) in trade receivables | 386.23 | (347.02) |
| (Increase) in inventories | (1,667.37) | (3,853.42) |
| (Increase)/decrease in other financial assets | (3.74) | 9.57 |
| (Increase) in other assets | (420.55) | (52.03) |
| Increase in trade payables | 1,669.86 | 2,622.23 |
| Increase in other liabilities | 329.96 | 1,961.40 |
| Increase in provisions | 153.40 | 76.77 |
| (Decrease)/increase in financial liabilities | (71.22) | 89.31 |
| Cash generated from operations | 19,467.56 | 16,390.41 |
| Income-tax paid (net) | (3,254.90) | (2,399.73) |
| Net cash generated from operating activities | 16,212.66 | 13,990.68 |
| B. Cash flows from investing activities | ||
| Purchase of property, plant and equipment (including capital work-in-progress, capital advances and capital creditors) | (3,248.86) | (2,638.40) |
| Proceeds from disposal of property, plant and equipment | 28.27 | 28.73 |
| Placement of fixed deposits | (57.48) | (8,642.08) |
| Proceeds from redemption of fixed deposits | – | 8,575.00 |
| Investment in mutual funds | (32,299.44) | (19,229.14) |
| Proceeds from sale of mutual funds | 25,630.00 | 15,732.94 |
| Interest received | 68.14 | 67.96 |
| Net cash used in investing activities | (9,879.37) | (6,104.99) |
| C. Cash flows from financing activities | ||
| Proceeds from issue of equity shares | 1,240.76 | 897.43 |
| Payment of principal portion of lease liabilities | (4,528.55) | (4,191.05) |
| Interest paid | (1,714.80) | (1,492.06) |
| Net cash used in financing activities | (5,002.59) | (4,785.68) |
| Particulars | Amount (₹ million) |
|---|---|
| Net increase in cash and cash equivalents (A+B+C) | 1,330.70 (2026), 3,100.01 (2025) |
| Cash and cash equivalents at the beginning of the year | 3,969.60 (2026), 869.59 (2025) |
| Cash and cash equivalents at the end of the year | 5,300.30 (2026), 3,969.60 (2025) |
| Particulars | For the quarter ended 31 March 2026 (Audited) | For the quarter ended 31 December 2025 (Unaudited) | For the quarter ended 31 March 2025 (Audited) | For the year ended 31 March 2026 (Audited) | For the year ended 31 March 2025 (Audited) |
|---|---|---|---|---|---|
| I Income | |||||
| Revenue from operations | 16,454.06 | 15,704.27 | 14,686.54 | 66,313.84 | 59,466.04 |
| Other income | 198.65 | 197.12 | 127.60 | 708.09 | 451.06 |
| Total income | 16,652.71 | 15,901.39 | 14,814.14 | 67,021.93 | 59,917.10 |
| II Expenses | |||||
| Purchases of stock-in-trade | 14,531.64 | 11,655.64 | 12,912.48 | 54,188.56 | 47,458.06 |
| Changes in inventories of stock-in-trade | (1,460.52) | 543.64 | (839.44) | (1,173.86) | 1,150.41 |
| Employee benefits expense | 471.50 | 446.12 | 499.78 | 1,775.61 | 1,886.57 |
| Depreciation and amortisation expenses | 438.53 | 434.86 | 410.43 | 1,727.84 | 1,600.75 |
| Finance costs | 29.87 | 29.14 | 29.94 | 117.60 | 119.85 |
| Other expenses | 408.88 | 371.03 | 361.58 | 1,608.76 | 1,380.78 |
| Total expenses | 14,419.90 | 13,480.43 | 13,374.77 | 58,244.51 | 53,596.42 |
| III Profit before tax (I-II) | 2,232.81 | 2,420.96 | 1,439.37 | 8,777.42 | 6,320.68 |
| IV Tax expense: | |||||
| Current tax | 612.86 | 647.26 | 388.14 | 2,376.07 | 1,730.17 |
| Deferred tax | (45.22) | (41.27) | (21.52) | (159.49) | (135.23) |
| Total tax expense | 567.64 | 605.99 | 366.62 | 2,216.58 | 1,594.94 |
| V Profit for the period/year (III-IV) | 1,665.17 | 1,814.97 | 1,072.75 | 6,560.84 | 4,725.74 |
| VI Other comprehensive income/(loss) | |||||
| Items that will not be reclassified to profit or loss | |||||
| – Remeasurement income/(losses) on defined benefit obligations | 5.72 | 4.20 | (0.05) | 6.90 | (0.10) |
| Income-tax relating to items that will not be |