Vishal Mega Mart Ltd (VMM) Q4FY26 Management Mirror - Mar-2026 Qtr
Store Expansion & Formats
Management confirmed in the Mar'26 Qtr that store expansion will not slow down despite potential macro headwinds, exploring new formats after advancing small-store pilots to 30-40 locations in the Dec'25 Qtr. Previously, the company retained an 80 to 100 annual store addition baseline in the Dec'25 Qtr, noting capacity for 110 to 115 stores and targeting the upper end of guidance, continuing the accelerated white-space penetration outlined in the Sep'25 Qtr. [Status: Reaffirmed]
3 more themes on the ELITE plan.