V-Mart Retail Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
V-Mart Retail Limited is a leading value retail chain catering to consumers in Tier II, III, and IV cities across India. The company was established on July 24, 2002. Founded by Lalit Agarwal, V-Mart is chaired by Aakash Moondhra, Chairperson & Independent Director. The company is headquartered in Delhi.V-Mart operates as a family fashion store. The comoany offers apparel, general merchandise, and kirana goods under the "Value Retail" format. V-Mart opened its first store in Ahmedabad, Gujarat, in 2003. It has since expanded to 445+ stores across 270+ cities in 25 states. The company
Incorporation Year: 2002
Headquarters: Delhi
Top Management: Founded by Lalit Agarwal, V-Mart is chaired by Aakash Moondhra, Chairperson & Independent Director
Industry: Retail
Website: www.vmart.co.in
Featured In Fortune India Ranking
Next 500 India
#118(2024)#137(2023)#432(2022)#16(2021)#148(2020)#169(2019)#256(2018)#387(2017)#387(2016)
#118(2024)#137(2023)#432(2022)#16(2021)#148(2020)#169(2019)#256(2018)#387(2017)#387(2016)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
2,752
(INR Cr)
Net Operating Income
2,786
(INR Cr)
Assets
2,151
(INR Cr)
Profit
-97
(INR Cr)
Net Worth
747
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2752 2.6% | 2682 39.7% | 1920 83.4% | 1047 -42.3% | 1815 24.2% | 1462 15.6% | 1264 18.1% | 1071 28.5% | 833 12.6% | 740 16.9% | 633 54.9% | 409 36.4% | 300 29.4% | 231 56.7% | 148 -5.0% | 155 - |
| Net Operating Income (INR Cr) | 2786 13.01% | 2465 47.93% | 1666 54.93% | 1075 -35.29% | 1662 15.92% | 1434 17.29% | 1222 22.03% | 1002 23.78% | 809 12.36% | 720 25.26% | 575 49.94% | 383 36.04% | 282 31.25% | 215 49.01% | 144 1.26% | 142 45.13% |
| Profit (INR Cr) | -97 - | -8 - | 12 - | -6 - | 49 -19.9% | 62 -20.7% | 78 77.0% | 44 58.9% | 28 -26.1% | 37 48.5% | 25 39.8% | 18 72.1% | 10 67.1% | 6 169.8% | 2 121.0% | 1 - |
| Assets (INR Cr) | 2151 -1.9% | 2193 24.4% | 1763 25.9% | 1400 42.6% | 982 133.4% | 421 18.3% | 356 13.9% | 312 16.5% | 268 10.9% | 242 11.5% | 217 17.9% | 184 91.6% | 96 17.0% | 82 22.8% | 67 2.9% | 65 - |
| Net Worth (INR Cr) | 747 -12.0% | 849 -0.1% | 850 3.0% | 825 79.8% | 459 12.1% | 409 17.8% | 347 28.7% | 270 17.0% | 231 12.6% | 205 20.4% | 170 15.3% | 148 172.3% | 54 23.4% | 44 17.1% | 38 6.9% | 35 191.8% |
| Employee Cost (INR Cr) | 287 12.4% | 256 42.3% | 180 53.7% | 117 -23.9% | 154 22.2% | 126 27.8% | 98 25.7% | 78 26.9% | 62 28.9% | 48 24.8% | 38 53.5% | 25 46.5% | 17 47.4% | 12 24.0% | 9 -12.9% | 11 - |
| Interest Cost (INR Cr) | 142 | 117 | 77 | 59 | 55 | 2 | 2 | 4 | 3 | 4 | 4 | 6 | 7 | 5 | 4 | 3 |
| Cash & Bank Balance (INR Cr) | 27 | 18 | 35 | 27 | 5 | 19 | 18 | 3 | 4 | 3 | 2 | 16 | 2 | 1 | 1 | 2 |
| Total Debt (INR Cr) | 1391 | 1332 | 902 | 568 | 517 | 0 | 1 | 36 | 27 | 31 | 44 | 35 | 41 | 38 | 28 | 29 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | - | - | 0.6% | - | 2.7% | 4.2% | 6.1% | 4.1% | 3.3% | 5.1% | 4.0% | 4.4% | 3.5% | 2.7% | 1.6% | 0.7% |
| Profit As % Of Assets | - | - | 0.7% | - | 5.0% | 14.7% | 21.8% | 14.1% | 10.3% | 15.5% | 11.6% | 9.8% | 10.9% | 7.6% | 3.5% | 1.6% |
| Profit As % Of Networth | - | - | 1.4% | - | 10.8% | 15.1% | 22.4% | 16.3% | 12.0% | 18.2% | 14.8% | 12.2% | 19.3% | 14.3% | 6.2% | 3.0% |
| Interest Cost to EBITDA % | 66.8% | 43.5% | 37.8% | 44.9% | 25.6% | 1.3% | 1.2% | 4.2% | 5.0% | 6.8% | 8.1% | 14.7% | 23.9% | 25.7% | 34.7% | 39.8% |
| Debt to Equity Ratio | 1.86 | 1.57 | 1.06 | 0.69 | 1.13 | 0.00 | 0.00 | 0.13 | 0.12 | 0.15 | 0.26 | 0.24 | 0.76 | 0.86 | 0.76 | 0.82 |
| RONW | - | - | 1.5% | - | 11.4% | 16.3% | 25.2% | 17.5% | 12.7% | 19.9% | 15.8% | 17.8% | 21.3% | 15.4% | 6.4% | 4.5% |
| ROCE | 0.6% | 5.1% | 5.2% | 4.1% | 17.7% | 26.1% | 34.1% | 24.2% | 17.8% | 25.9% | 21.0% | 23.1% | 25.2% | 19.5% | 11.6% | 10.2% |