Vishal Mega Mart Ltd (VMM) Q2FY26 Concall Summary - Sep-2025 Qtr
Performance Overview
- The company reported strong growth in Q2 FY26, with revenue increasing by 22.4% YoY, driven by a robust adjusted same-store sales growth (SSSG) of 12.8%.
- Performance was positively impacted by the early timing of the Durga Puja and Chhath Puja festivals, which shifted sales from the December quarter to the September quarter.
- Profitability saw significant improvement, with EBITDA margins expanding to 13.2% from 12.4% last year, and PAT margins increasing to 5.1% from 4.3% YoY.
- The company maintained its aggressive store expansion strategy, opening 28 new stores in the quarter and 51 in the first half, bringing the total store count to 742 across 493 cities.
- The contribution from own brands continued to strengthen, reaching 74.7% of revenue in the first half, marking a 185 basis points improvement year-over-year.
Financial Metrics
Log in to Stocksigma to read the Financial Metrics section of this summary.
Operating Performance / Business Segments
Log in to Stocksigma to read the Operating Performance / Business Segments section of this summary.
Key Discussions & Insights
Log in to Stocksigma to read the Key Discussions & Insights section of this summary.
Outlook and Guidance
Log in to Stocksigma to read the Outlook and Guidance section of this summary.
Challenges / Concerns
Log in to Stocksigma to read the Challenges / Concerns section of this summary.
Industry / Competitive Landscape
Log in to Stocksigma to read the Industry / Competitive Landscape section of this summary.
Overall Summary
Log in to Stocksigma to read the Overall Summary section of this summary.