Vishal Mega Mart Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
- June 26, 2026
- Posted by: Neeraj Pandey
- Category: News
Vishal Mega Mart Rs 100.50 (7 Oct 2026 close). 52-week range Rs 97.70 to Rs 152.18. Q1 FY27 revenue Rs 3,727 cr, up 18.7%; profit Rs 258.77 cr, up 25.6%.
Quick Answer
The Vishal Mega Mart share price target for 2026 is Rs 86 to Rs 108, which is between 14 percent below and 8 percent above the last close of Rs 100.50, with bull and bear cases of Rs 132 to Rs 152 and Rs 50 to Rs 62. Vishal Mega Mart reported Q1 FY27 revenue of Rs 3,727 crore, up 18.7 percent, and profit of Rs 258.77 crore, up 25.6 percent, with same-store sales growth of 10 percent against guidance of 9 to 9.5 percent. The stock is at its 52-week low, 35 percent below its October 2025 high, and trades at 52.7 times earnings against an industry average of 66.3 times. No brokerage price target was available on the sources we track as of 7 October 2026, so every range below is a Univest research scenario.
The Vishal Mega Mart share price target for 2026 is Rs 86 to Rs 108 in the Univest base case, with the stock at Rs 100.50 at the 7 October 2026 close. That is 34.0 percent below its 52-week high of Rs 152.18 and 2.9 percent above its 52-week low of Rs 97.70, and the stock moved down 31.3 percent over the past year. Vishal Mega Mart is a value retail chain with apparel, general merchandise and FMCG across 819 stores in 559 cities. Debt to equity is 0.27 and the company pays no dividend.
Three things changed since the last update: Q1 FY27 results on 23 July showed profit up 26 percent and same-store sales up 10 percent, the board proposed capping foreign ownership at 49.99 percent, and the stock fell to a 52-week low of Rs 97.70 in the week of 5 October. This Vishal Mega Mart stock analysis covers the Vishal Mega Mart share price today, the Vishal Mega Mart share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Vishal Mega Mart buy or sell view.
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What Is the Vishal Mega Mart Share Price Target for 2026?
The 2026 target for Vishal Mega Mart shares is Rs 86 to Rs 108 in the Univest base case, which is -14.4% to +7.5% against the last close. The bull case is Rs 132 to Rs 152 and the bear case is Rs 50 to Rs 62. No brokerage price target was available on the sources we track as of 7 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
Vishal Mega Mart Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 100.50 |
|---|---|---|---|---|
| Bull Case | Rs 3.3 | 40x to 46x | 132 to 152 | +31.3% to +51.2% |
| Base Case | Rs 2.7 | 32x to 40x | 86 to 108 | -14.4% to +7.5% |
| Bear Case | Rs 2 | 25x to 31x | 50 to 62 | -50.2% to -38.3% |
FY28 EPS of Rs 2.70 in the base case compares with trailing EPS of Rs 1.90 and Q1 EPS of about Rs 0.55, and assumes revenue growth near 16 percent with net margin near 7 percent. Retail names with this growth trade at 32 to 40 times earnings, and the stock trades at about 37 times the base estimate. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Vishal Mega Mart share price target range around the current price.
Vishal Mega Mart Company Overview and Share Price Today as of 7 October 2026
Vishal Mega Mart share price today is Rs 100.50 on the NSE at the 7 October 2026 close, before the market opens on 8 October. The market capitalisation is Rs 46,918 crore, and the stock trades at 52.7 times earnings against an industry average of 66.3 times. The Univest base case Vishal Mega Mart share price target of Rs 86 to Rs 108 is -14.4% to +7.5% from here. The table below sets out the key numbers behind the Vishal Mega Mart share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | VMM | BSE code 544307 |
| Sector | Value retail | Per Univest sector classification |
| Last Close (NSE) | Rs 100.50 | 7 Oct 2026 close |
| 52-Week High | Rs 152.18 | CMP is 34.0% below |
| 52-Week Low | Rs 97.70 | CMP is 2.9% above |
| 1-Year Return | About -31% | Weekly close Rs 146.2 on 10 Oct 2025 to Rs 100.5 |
| Market Capitalisation | Rs 46,918 crore | Mid cap value retail company |
| Trailing P/E | About 52.7x | Industry P/E about 66.25x |
| P/B Ratio | About 6.32x | Book value Rs 15.85 per share |
| EPS (TTM) | Rs 1.90 | Trailing twelve months |
| Return on Equity | About 11.3% | Debt to equity 0.27 |
| Dividend Yield | Nil | No dividend |
| 12-Month Target (Base Case) | Rs 86 to Rs 108 | Univest base case |
| Bull Case | Rs 132 to Rs 152 | +31.3% to +51.2% |
| Bear Case | Rs 50 to Rs 62 | -50.2% to -38.3% |
Track live price, fundamentals and results for Vishal Mega Mart on the Univest Screener.
How Did Vishal Mega Mart Perform in Q1 FY27?
Vishal Mega Mart reported Q1 FY27 revenue from operations of Rs 3,727.01 crore, up 18.7 percent from Rs 3,140.32 crore, and profit after tax of Rs 258.77 crore, up 25.6 percent from Rs 206.07 crore. Profit before tax was Rs 345.96 crore, up 25.4 percent. Together these Q1 FY27 numbers anchor the Vishal Mega Mart share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Revenue | Rs 3,727.01 crore | Up 18.7% from Rs 3,140.32 crore |
| Profit After Tax | Rs 258.77 crore | Up 25.6% from Rs 206.07 crore |
| Net Margin | 6.9% | Against 6.6% |
| Same-Store Sales Growth | 10% | Against FY27 guidance of 9 to 9.5% |
| Private Brands | 75.2% | Share of revenue |
| Stores | 819 | In 559 cities; 24 net added |
Same-store sales growth came from 8 percent more new customers and about 3 percent more spend from existing customers, and the highest-priced fashion apparel grew fastest at 13.9 percent. Profit growth outpaced revenue as margin rose, and the results matched Street expectations. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Vishal Mega Mart share price target.
Why Is Vishal Mega Mart Share Price at Its 52-Week Low?
Vishal Mega Mart shares are about 35 percent below the Rs 152.18 high of the week of 6 October 2025 and down about 32 percent in a year. The stock slid to Rs 117 by January, and traded 86 crore shares in the week of 23 February 2026, likely a block trade or holder sell-down, though no cause was confirmed.
It fell 7.1 percent in the week of 13 July and traded 20 crore shares in the week of 24 August, then slid from Rs 107 to a 52-week low of Rs 97.70 in the week of 5 October. It closed at Rs 100.50, 3 percent above that low, despite strong Q1 results. The Vishal Mega Mart share price target scenarios below account for that move.
Key Catalysts for the Vishal Mega Mart Share Price Target in 2026
4 catalysts matter most for the Vishal Mega Mart share price target, and sector tailwinds in Value retail are part of the case. Together they decide whether the base case is reached.
1. Same-Store Growth
Same-store sales grew 10 percent, above the 9 to 9.5 percent guidance. New customers added 8 percent. If it plays out, the Vishal Mega Mart share price target moves toward the top of the base range.
2. Private Brands
Private brands are 75.2 percent of revenue. They carry higher margin than third-party brands. Strength here would support the upper end of the Vishal Mega Mart share price target.
3. Store Expansion
The chain added 24 net stores to reach 819 across 559 cities. More stores add revenue. Delivery on this point keeps the Vishal Mega Mart share price target on track.
4. Margin Gain
Net margin rose to 6.9 percent from 6.6 percent. Profit grew faster than sales. Better news here would lift the Vishal Mega Mart share price target toward the bull case.
What Are the Key Risks to the Vishal Mega Mart Share Price Target?
The main risks are premium valuation, large holder selling, a consumption slowdown and competition. Each can pull the Vishal Mega Mart share price target lower.
Premium Valuation
The stock trades at 52.7 times earnings and 6.3 times book. A growth miss would cut the multiple. If it materialises, the Vishal Mega Mart share price target would slip toward the bear case.
Holder Selling
Large volume weeks in February and August point to block selling. More supply would hold the price down. This is the main downside risk to the Vishal Mega Mart share price target.
Consumption Slowdown
Value retail depends on household spending. A weak festival season would cut sales. A worsening here would cut the Vishal Mega Mart share price target toward the low end of the range.
Earnings Reset
A bear case EPS of Rs 2.00 at 25 times would put the price near Rs 50. Watch it closely, because it can pull the Vishal Mega Mart share price target lower quickly.
Vishal Mega Mart Stock Analysis: Support and Resistance Levels for the Share Price Target
Vishal Mega Mart stock analysis on weekly charts shows a range of Rs 97.70 to Rs 108.23 since mid-September, with the stock near the lower end.
The first support level is Rs 97.70 to Rs 98, the lows of the weeks of 5 and 28 September. Below that, no earlier low exists in the window, so a break would open a fresh 52-week low.
The first resistance level is Rs 101.71, the high of the week of 5 October. Above that, Rs 104.30 to Rs 108.23 marks the highs of the weeks of 28 and 21 September. These levels come from weekly price action, are not trade recommendations, and frame the near-term Vishal Mega Mart share price target.
Vishal Mega Mart Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term Vishal Mega Mart Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 97.70 and Rs 104. A close above Rs 104.30 would put Rs 108 in play, while a weekly close under Rs 97.70 would open a fresh 52-week low. Q2 FY27 results and holder selling are the main triggers. This range anchors the near-term Vishal Mega Mart share price target.
12-Month and 2027 Vishal Mega Mart Share Price Target
The 12-month target price is Rs 86 to Rs 108, valued on 32 to 40 times FY28 EPS of Rs 2.7. The range across scenarios runs from Rs 50 in the bear case to Rs 152 in the bull case.
Long-Term Vishal Mega Mart Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 105 to Rs 155. This assumes EPS of Rs 3.5 in FY29 and Rs 4.3 in FY30 and a multiple of 30 to 36 times. It needs same-store sales growth near 9 to 10 percent, store additions of about 100 a year and margin to hold near 7 percent. This is the long-term Vishal Mega Mart share price target in the Univest scenarios.
Bull Case and Bear Case for Vishal Mega Mart Share Price Target
Bull Case Rs 132 to Rs 152
The bull case of Rs 132 to Rs 152 for the Vishal Mega Mart share price target needs EPS of Rs 3.3 and the market to pay 40 to 46 times for it. It is +31.3% to +51.2% from the last close.
Bear Case Rs 50 to Rs 62
The bear case of Rs 50 to Rs 62 for the Vishal Mega Mart share price target equals 25 to 31 times FY28 EPS of Rs 2 and sits below the Rs 97.7 low. It is -50.2% to -38.3% from the last close.
Is Vishal Mega Mart a Good Buy at Rs 100? Vishal Mega Mart Buy or Sell View
Whether Vishal Mega Mart is a buy at Rs 100.50 depends on horizon and risk appetite. The base case sits between 14 percent below and 8 percent above the current price, the stock is at its 52-week low, and the open question is whether selling pressure fades. The Vishal Mega Mart share price target range is the starting point for that decision.
Long-term holders may focus on same-store growth, store additions and margin, and treat Rs 97.70 as the level to watch. Short-term traders may prefer to wait for a close above Rs 104.30. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Vishal Mega Mart buy or sell view is educational.
How to Invest in Vishal Mega Mart Shares
Step 1: Check the live price, valuation and the latest Vishal Mega Mart share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Vishal Mega Mart share price target.
Step 3: Search for VMM on the NSE or 544307 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 50 is bearable.
Step 5: Track same-store sales, holder selling and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Vishal Mega Mart share price target.
Conclusion
Vishal Mega Mart closed at Rs 100.50 against a Univest base case share price target of Rs 86 to Rs 108, a bull case of Rs 132 to Rs 152 and a bear case of Rs 50 to Rs 62. Q1 FY27 delivered profit up 26 percent to Rs 258.77 crore with same-store sales growth of 10 percent. The main risks are valuation, holder selling and a consumption slowdown.
The stock is 34.0 percent below its 52-week high, so the base case sits between 14 percent below and 8 percent above the current price. The triggers to watch are same-store sales, holder selling and Q2 FY27 results and the Rs 97.70 and Rs 104 levels. Re-check the Vishal Mega Mart share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track Vishal Mega Mart live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Vishal Mega Mart Share Price Target 2026
What is the Vishal Mega Mart share price target for 2026?
Ans. The Vishal Mega Mart share price target for 2026 is Rs 86 to Rs 108 in the Univest base case, with a bull case of Rs 132 to Rs 152 and a bear case of Rs 50 to Rs 62. No brokerage target was available on the sources we track as of 7 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.
What is the Vishal Mega Mart share price target for 2027?
Ans. The Vishal Mega Mart share price target for 2027 is Rs 86 to Rs 108 in the base case, valued on 32 to 40 times FY28 EPS of Rs 2.7. The scenario range runs from Rs 50 to Rs 152.
Is Vishal Mega Mart a good buy at Rs 100.50?
Ans. Whether Vishal Mega Mart is a good buy at Rs 100.50 depends on your horizon, risk appetite and how you read the Vishal Mega Mart share price target. Growth and margin are improving, but the stock trades at 52.7 times earnings and has faced heavy holder selling, so valuation is the main risk. Consult a SEBI-registered advisor before investing.
What are the key risks to the Vishal Mega Mart share price target?
Ans. The key risks to the Vishal Mega Mart share price target are premium valuation, holder selling, consumption slowdown and earnings reset. The stock trades at 52.7 times earnings and 6.3 times book. A growth miss would cut the multiple.
What are the key catalysts for the Vishal Mega Mart share price target?
Ans. The key catalysts for the Vishal Mega Mart share price target are same-store growth, private brands, store expansion and margin gain. Same-store sales grew 10 percent, above the 9 to 9.5 percent guidance. New customers added 8 percent.
Where can I track Vishal Mega Mart share price today and Vishal Mega Mart share price target updates?
Ans. You can track the live Vishal Mega Mart share price, results and any change to the Vishal Mega Mart share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are Vishal Mega Mart’s 52-week high and low?
Ans. Vishal Mega Mart’s 52-week high is Rs 152.18 and its 52-week low is Rs 97.70, based on weekly NSE data. At Rs 100.50 the stock is 34.0 percent below the high and 2.9 percent above the low. Both levels frame the Vishal Mega Mart share price target.
How to buy Vishal Mega Mart shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for VMM on the NSE or 544307 on the BSE, and place a limit order near your entry price, using the Vishal Mega Mart share price target range as a guide. Size the position so a fall to Rs 50 is bearable, and check the live price on the Univest Screener first.
