## Vishal Mega Mart Stock Performance
Vishal Mega Mart Ltd.’s shares experienced an increase of up to 2.97% during the early trading session on Friday. However, the gains were reversed, leading to a decline of 2.72%. This fluctuation followed a significant surge, where the stock had jumped nearly 7% to reach its highest point in almost three months after the retailer announced impressive fourth-quarter results for the financial year 2024-25 on Tuesday.
The company’s net profit for the March quarter saw an impressive year-on-year increase of 88%, reaching Rs 115.11 crore, up from Rs 61.22 crore during the same period last year. Revenue also rose by 23%, amounting to Rs 2,547.89 crore compared to Rs 2,068.93 crore a year prior.
In addition, earnings before interest, taxes, depreciation, and amortisation grew by 42.5%, totaling Rs 357 crore. The EBITDA margin improved to 14%, compared to 12% in the corresponding quarter of the previous year.
## Analyst Insights
Analysts have credited the company’s robust performance to festive-driven demand, enhanced store productivity, and a growing contribution from private-label brands. The same-store sales growth exceeded 13% in the March quarter, which is considered a significant positive indicator, especially in light of the subdued consumption trends seen in other retail sectors.
Brokerages like Jefferies and JPMorgan have maintained optimistic outlooks. Jefferies has increased its target price from Rs 125 to Rs 142 while keeping a ‘buy’ rating. Similarly, JPMorgan has raised its target from Rs 125 to Rs 133, also holding an ‘overweight’ rating. Both brokerages highlighted Vishal’s expanding presence in states such as Kerala, Maharashtra, and Gujarat, along with the growing share of private-label brands, which now contribute over 73% of total sales.
## Current Share Price
During the trading day, Vishal Mega Mart’s stock rose as high as 2.97% to Rs 122 per share on the NSE, before reducing losses to a decline of 2.72%, bringing it down to Rs 115.26 per share. At 11:14 a.m., the stock was trading at Rs 118.05, reflecting a decrease of 0.36%, while the benchmark Nifty 50 index had also advanced by 0.36%.
Over the past year, the stock has appreciated by 5.67% and has increased by 11.15% since the start of the year. The total trading volume for the day was 4.5 times higher than the average over the last 30 days, with a relative strength index at 68.
According to Bloomberg data, seven out of nine analysts covering the company have assigned a ‘buy’ rating, while one suggests a ‘hold’ and another recommends a ‘sell’. The consensus target price set by analysts for the next 12 months stands at Rs 131.89, indicating a potential upside of 11.6%.
