Investor Presentation

Here's a concise summary for retail investors: 1. **Business Performance:** Vishal Mega Mart reported strong Q3FY26 consolidated revenue of ₹3,670.4 Cr (+17% YoY) and Adjusted PAT of ₹323.5 Cr (+17.5% YoY). For the nine months (9MFY26), revenue grew 19.9% to ₹9,792.2 Cr, with Adjusted PAT soaring 27.9% to ₹700.7 Cr.

Adjusted Same-Store Sales Growth (SSSG) was 9.6% for Q3 and 10.3% for 9M. Apparel led segment contribution (45%). 2. **Growth Drivers or Strategy:** The company is aggressively expanding, adding 29 new stores in Q3FY26 and 80 in 9MFY26, expanding its footprint to 771 stores nationwide.

Its loyalty program is a key driver, with 163 million customers accounting for 95% of revenue.

Quick commerce is also growing, with 723 stores offering hyperlocal delivery to 12 million registered users.

3. **Recent Developments:** Vishal Mega Mart was recognized as a New Entrant in Kantar BrandZ's Most Valuable Indian Brands.

The brand also expanded its reach through fashion partnerships for two movies.

4. **Key Financial Metrics:** Q3FY26: Revenue ₹3,670.4 Cr (+17% YoY), Adjusted PAT ₹323.5 Cr (+17.5% YoY), Adjusted EBITDA ₹468.5 Cr (+18.8% YoY) with 12.8% margin.

9MFY26: Revenue ₹9,792.2 Cr (+19.9% YoY), Adjusted PAT ₹700.7 Cr (+27.9% YoY), Adjusted EBITDA ₹1,045.7 Cr (+26.7% YoY) with 10.7% margin.

5. **Management Commentary / Outlook:** While specific management commentary isn't detailed, the focus on rapid store expansion, enhancing customer loyalty through its program, and scaling quick commerce highlights a clear strategy for continued growth and market penetration.