V-Mart Retail Ltd - Strong Operating Performance; Maintain BUY
Strong Performance: Revenue grew by 16% YoY, driven by strong same-store sales growth (SSSG) of 11% YoY and a 36% YoY increase in footfall.
135 Views
Narrative and Numbers | V-Mart Retail (VMART IN) | FY24
V-Mart Retail targets Bharat's middle class with omni-channel strategy, slower revenue growth due to focus on value, expansion with cluster...
185 Views
V-Mart Ltd - Decent Performance, Lime Road Losses To Reduce; Maintain BUY
This was on account of festive and wedding season-led footfall growth of 25% YoY. EBITDA margins stood at 6%, up 216bps, attributed to a 44% YoY...
187 Views
V-Mart Ltd - Seeing Gradual Recovery; Maintain BUY
Revenue grew by 14% YoY, aided by a good festive season, increasing footfalls & positive consumer sentiments. EBITDA margins were 13.5% up by 12 bps.
392 Views
V-MART Retail: An Under-Earning Asset or a Melting Ice Cube? Upgrade to BUY
After going through a challenging period marked by (1) an unfavourable rural cycle, (2) deteriorating unit economics, and (3) stumbling in...
428 Views