Today, we are going to estimate the VMart Share Price Target 2024 to 2050 Long Term Prediction. VMart is listed on the NSE under the symbol “VMART” and on the BSE with the code “534976“. let’s analyze the future of VMart shares as well, including whether it’s a good time to buy or sell them today.
Additionally, we will also take into analysis VMart Share Recommendations from various brokerage firms, including Target’s High Price, Target’s Low Price and Recommendation at the end of the article.
Profile of VMart
| Name | V-Mart Retail Limited |
| Industry | Family store |
| Founded | July 24, 2002 |
| Founder | Lalit Agarwal |
| Headquarters | Gurgaon, Haryana |
| Specialties | Customised Corporate Gifting Solutions, Retail, “Price Less” Fashion, Department Stores, Market, and Supply Chain Management |
| Website | vmartretail.com |
| Profile | V-Mart Retail |
Keep an eye on VMart’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in VMart’s stock price.
Brokerage Firms
An effective method for evaluating the VMart share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms. The latest research reports are available on VMart.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 08 FEB 2024 | HDFC Securities | 2550.00 | Buy |
| 07 FEB 2024 | Motilal Oswal | 2100.00 | Neutral |
| 16 JAN 2024 | CD Equisearch t | 1900.00 | Hold |
| 04 JAN 2024 | HDFC Securities | 2550.00 | Buy |
| 13 NOV 2023 | HDFC Securities | 1850.00 | Sell |
| 08 NOV 2023 | Axis Direct | 1870.00 | Buy |
The financial services firm HDFC Securities published the latest research report on VMart’s Share Price Target, assigning a ‘BUY’ rating with a share price target of Rs. 2,550 from its current market price of Rs. 2,121 as of 7 Feb 2024.
In our latest analysis of V-Mart’s performance, we have observed promising signs of recovery and potential growth, indicating positive prospects for investors. Despite the challenges posed by the ongoing economic uncertainties, V-Mart has shown resilience in its operations.
The company’s revenue witnessed a commendable 14.4% year-on-year growth, reaching INR 8.89 billion, which is in line with expectations. Particularly noteworthy is the core V-Mart operations, which experienced a 17% year-on-year growth, also in line with projections, amounting to INR 7.28 billion. These figures reflect a steady upward trajectory, instilling confidence in the company’s ability to navigate through market fluctuations.
Furthermore, the same-store sales growth (SSSG) for the first nine months remained flat, with a notable improvement in the third quarter of the fiscal year 2023-24, registering a 4% increase. Footfall densities and sales densities per square foot have also shown signs of recovery, indicating a resurgence in consumer interest and spending.
One significant aspect contributing to V-Mart’s positive performance is the gradual reduction in losses from Limeroad, down by 29% quarter-on-quarter to INR 141 million. This reduction reflects the company’s efforts towards operational efficiency and strategic decision-making.
Looking ahead, the management’s focus for the fiscal year 2025 is clear: to enhance efficiency by optimizing store profitability and refining the product range to meet consumer preferences effectively. The planned measures include the closure of unprofitable stores and a strategic approach towards product assortment and pricing.
Despite the challenges posed by the ongoing economic uncertainties, V-Mart remains optimistic about its future prospects. With a strategic focus on stabilizing core operations and mitigating losses from subsidiary ventures like Limeroad, the company is poised for a healthy performance in the upcoming fiscal year.
Considering the company’s current valuation and growth potential, analysts maintain a bullish outlook on V-Mart, reiterating a “BUY” recommendation. The target price, based on a discounted cash flow analysis, stands at INR 2,550 per share, implying an attractive valuation of 22 times the estimated EV/EBITDA for the fiscal year 2025-26
Long-Term Prediction
To analyze the VMart Share Price Target prediction, I will employ technical analysis and machine learning models, specifically focusing on chart patterns, market trends, and historical performance data.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹2400 | ₹2600 |
| 2025 | ₹2600 | ₹2800 |
| 2026 | ₹2800 | ₹3000 |
| 2027 | ₹3000 | ₹3200 |
| 2028 | ₹3200 | ₹3400 |
| 2029 | ₹3400 | ₹3600 |
| 2030 | ₹3600 | ₹3800 |
| 2035 | ₹4000 | ₹4200 |
| 2040 | ₹4400 | ₹4600 |
| 2045 | ₹4800 | ₹5000 |
| 2050 | ₹5200 | ₹5400 |
Analyst Recommendations
VMart Buy or Sell
Daily Low / High
About VMart Company
VMart, a prominent Indian retail brand, has made significant strides in the fashion and retail industry. Starting with a single store in 2003, VMart has expanded rapidly, aiming to be the top fashion retailer in India.
The brand’s journey is marked by strategic growth and diversification, including the acquisition of the Unlimited chain of stores and integrating with the e-commerce platform LimeRoad. This has enabled VMart to extend its reach, especially in the southern regions of India, and to offer a wider range of products to meet diverse customer needs.
VMart’s growth strategy is centered around understanding and catering to the needs of Bharat’s population, especially in Tier II, III, and IV cities. By offering a mix of fashion apparel, footwear, home goods, and daily essentials, VMart maintains a strong emphasis on quality and value. Their business model includes a significant focus on digital integration, enhancing the customer experience both online and offline.
Strengths–
Revenue Growth: V-Mart has exhibited consistent revenue growth over the past few years, indicating its strong market presence and customer appeal.
Gross Profit Margin: Despite facing operational expenses, V-Mart maintains a healthy gross profit margin, showcasing efficient cost management and pricing strategies.
Working Capital: With positive working capital figures, V-Mart demonstrates its ability to meet short-term financial obligations and support ongoing operations.
Investment in Assets: The company’s investments in assets signify its commitment to expansion and infrastructure development, positioning it for future growth opportunities.
Weaknesses–
Operating Expenses: V-Mart faces significant operating expenses, which impact its operating income and overall profitability.
Interest Expense: The substantial interest expense indicates a high level of debt financing, which may pose a risk in the event of economic downturns or interest rate fluctuations.
Capital Expenditure: The significant capital expenditure, especially in previous years, suggests heavy investments in expansion or infrastructure, which may strain financial resources.
Opportunities–
Revenue Diversification: V-Mart can explore opportunities to diversify its revenue streams through strategic partnerships, product expansion, or entering new markets.
Digital Transformation: Embracing digital technologies and e-commerce platforms can open up new avenues for revenue generation and enhance customer engagement.
Expansion Plans: With a strong balance sheet and working capital, V-Mart is well-positioned to pursue expansion plans, including opening new stores or entering untapped markets.
Threats–
Competitive Pressure: Intense competition in the retail sector from both traditional players and online retailers poses a threat to V-Mart’s market share and profitability.
Economic Uncertainty: Economic fluctuations, inflationary pressures, or regulatory changes could adversely impact consumer spending patterns and affect V-Mart’s financial performance.
Debt Burden: The high level of debt and interest expenses expose V-Mart to financial risks, especially in a challenging economic environment or if interest rates rise.
Peer Comparison of VMart
| Name | P/E | Mar Cap Rs.Cr. |
|---|---|---|
| Avenue Super. | 99.82 | 242824.42 |
| Trent | 168.04 | 136510.28 |
| Vedant Fashions | 58.74 | 23923.25 |
| Redtape | 53.15 | 9026.60 |
| Electronics Mart | 49.75 | 8931.86 |
| Medplus Health | 128.30 | 7515.91 |
| Ethos Ltd | 87.49 | 6130.56 |
| V-Mart Retail | – | 4312.73 |
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– As of 8 February 2024, the current share price of VMart is ₹2,210 Check out today’s current share price of VMart at the top.
– According to Google historical data, the price of VMart on 22 FEB 2013 was ₹194.80.
– Based on our analysis, the maximum VMart Share Price Target in 2024 is projected to be ₹2600.
– Based on our analysis, the maximum VMart Share Price Target in 2025 is projected to be ₹2800.
– Based on our analysis, the maximum VMart Share Price Target in 2027 is projected to be ₹3200.
– Based on our analysis, the maximum VMart Share Price Target in 2030 is projected to be ₹3800.
– Based on our analysis, the maximum VMart Share Price Target in 2035 is projected to be ₹4200.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices.
Disclaimer– These Share Price Targets for “VMart Share Price Target” are only provided for informational purposes. It does not constitute a recommendation to buy, sell, or hold VMart stock. Investors should conduct their research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
