Key Financial Performance (Q1 FY27 vs Q1 FY26)

Revenue & Profitability:

  • Revenue from operations increased by 23% Year-over-Year (YoY) to ₹10,888 million from ₹8,852 million.
  • Gross Profit (GP) increased by 20% YoY to ₹3,752 million from ₹3,124 million. The Gross Profit Margin was 34.5% for Q1 FY27, compared to 35.3% in Q1 FY26.
  • Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) increased by 27% YoY to ₹1,606 million from ₹1,262 million. The EBITDA margin was 14.8% for Q1 FY27.
  • Profit Before Tax (PBT) increased by 39% YoY to ₹595 million from ₹429 million. The PBT margin was 5.5%.
  • Profit After Tax (PAT) increased by 41% YoY to ₹472 million from ₹336 million. The PAT margin was 4.3%.

Balance Sheet (As of June 30, 2026):

  • Total Equity stood at ₹10,033 million, up from ₹9,511 million on March 31, 2026.
  • Total Liabilities were ₹16,946 million, down from ₹18,288 million on March 31, 2026.
  • Total Assets were ₹26,979 million, down from ₹27,799 million on March 31, 2026.
  • Inventories were reduced to ₹8,939 million from ₹9,875 million at the end of the previous quarter.
  • The company was nearly debt-free, with borrowings at just ₹12 million, down significantly from ₹1,000 million on March 31, 2026.
  • Cash and cash equivalents were ₹143 million.

Cash Flow (Q1 FY27):

  • Net cash flow from operating activities was ₹1,983 million.
  • Net cash used in investing activities was ₹(248) million.
  • Net cash used in financing activities was ₹(1,788) million.
  • This resulted in a net decrease in cash and cash equivalents of ₹53 million for the quarter.
  • Free Cash Flow (Pre-Ind AS 116) was reported at ₹760 million.

Operational Parameters & Key Performance Indicators

Store Network & Expansion:

  • The total store network reached 591 stores across 335 cities, spanning 5.1 million square feet.
  • This comprises 490 V-Mart stores and 101 Unlimited stores.
  • In Q1 FY27, the company opened 15 new stores and closed 1 store, resulting in a net addition of 14 stores.
  • Uttar Pradesh has the highest store concentration with 183 stores, followed by Bihar with 82 stores.

Sales & Customer Metrics:

  • Same Store Sales Growth (SSSG) was 9% YoY. V-Mart format grew at 8% and Unlimited format at 13%.
  • Footfall growth was 39% and memo growth was 18%.
  • Inventory days of sales improved by 8% YoY, reducing from 93 days to 86 days, indicating leaner operations.
  • Tier 4 markets delivered the highest sales per square foot (SPSF) growth at +15% YoY.

LimeRoad Marketplace Performance:

  • Net Merchandise Value (NMV) grew by 18% YoY.
  • Losses reduced by 39% YoY to ₹28 million.

Other Significant Updates

The presentation also included historical financial growth data, information on the company's supply chain infrastructure (including a 6 Lakh sq.ft. owned warehouse in Palwal, Haryana), and details of recent awards and recognition, such as the Silver Shield from the ICAI Awards for Excellence in Financial Reporting in 2026.

Leadership and Governance

The document lists the board of directors and the leadership team, including Chairperson Aakash Moondhra and Promoter & Whole Time Director Madan Gopal Agarwal.