Vishal Mega Mart Shares Eyed Amid Reported 6.5% Block Deal Stake Sale by Promoter
Vishal Mega Mart is drawing significant market attention as promoter Samayat Services LLP, a special-purpose vehicle for Kedaara Capital and Partners Group, executes a major stake sale. The promoter is offloading a 6.5% stake, equivalent to approximately 30.5 crore shares, through a block deal valued at nearly 3,508 crore.
The floor price for this transaction is set at 115 per share, representing a 9.8% discount to the previous closing price. This move follows a larger divestment in June last year and includes a 150-day lock-in period for the promoter’s remaining 54.09% equity.
The stock has shown resilience despite the deal, recently trading around 127.53. It has gained 6.48% so far in 2026 and over 23% in the last 12 months. Trading volumes have surged, reaching 2.9 crore shares in a single session, significantly outperforming the broader retail sector.
Financial performance for Q3 FY26 highlights a strong growth trajectory. The company reported a 19.1% year-on-year increase in net profit, reaching 312.9 crore. Revenue from operations climbed 17% to 3,670 crore, fueled by robust festive demand and a steady expansion of the retail network.
Operational efficiency remains a core strength. EBITDA rose 20% to 605.4 crore, with margins expanding to 16.5% from 16.1% a year ago. Adjusted same-store sales growth (SSSG) stood at 9.6%, even after accounting for a shift in the festive calendar.
Expansion continues at a rapid pace. Vishal Mega Mart added 29 new stores in the third quarter alone, bringing the total for the first nine months of the fiscal year to 80. The company is on track to hit its annual target of 100 new stores, focusing on high-growth regions like Kerala, Gujarat, and Maharashtra.
The company is also scaling its digital and private-label presence. Own-brand products now contribute 74.5% of total revenue, while quick commerce services have expanded to 723 stores across 485 cities, serving 12 million registered users. This strategy of "affordable aspirations" has successfully driven premiumization, with higher-priced fashion segments growing at 14%.
Market sentiment remains largely positive, with 13 out of 15 analysts maintaining a "buy" rating. Analysts point to the company’s conservative balance sheet—carrying zero long-term debt—and its ability to convert top-line growth into consistent bottom-line results as key drivers for long-term value.