Vishal Mega Mart Share Price Target 2027: 20.9% Upside to Rs 115, Bull Case Rs 138
- November 13, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Vishal Mega Mart share price Rs 95.09 (13 November 2026). Base target Rs 115, bull Rs 138, downside risk Rs 76.8. PE 50.00. 52W range Rs 84.16 to Rs 142.50.
Quick Answer
The Vishal Mega Mart share price target for 2027 is Rs 115, about 20.9% above the current price of Rs 95.09. The bull case is Rs 138, and the downside risk level, which is not a target, is Rs 76.8. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 33.1%, with the stock holding its PE of 50.00. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Vishal Mega Mart target price for 2027 should start with where the stock sits today. At Rs 95.09 on 13 November 2026, it is 33.3% below its 52-week high of Rs 142.50 and 13.0% above its 52-week low of Rs 84.16. That range spans 69% from low to high, so the entry point matters as much as the Vishal Mega Mart price forecast itself.
This article builds the Vishal Mega Mart share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
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Vishal Mega Mart Stock Analysis: Company Overview and Key Stats
Vishal Mega Mart (NSE: VMM) has a market capitalisation of Rs 44,974 crore. In FY26 it reported revenue of Rs 12,993 crore and net profit of Rs 839.23 crore. The table collects the figures the Vishal Mega Mart share price target is built on.
| Metric | Value |
|---|---|
| Company | Vishal Mega Mart |
| NSE Ticker | VMM |
| CMP (13 November 2026) | Rs 95.09 |
| 52-Week High | Rs 142.50 |
| 52-Week Low | Rs 84.16 |
| Market Cap | Rs 44,974 crore |
| PE Ratio (TTM) | 50.00 |
| Industry PE | 66.03 |
| Price to Book | 5.70 |
| Return on Equity | 11.37% |
| Debt to Equity | 0.27 |
| EPS (TTM) | Rs 1.92 |
| Dividend Yield | 0.00% |
| 12-Month Base Target | Rs 115 |
| Bull Case | Rs 138 |
| Downside Risk Level (not a target) | Rs 76.8 |
Why Is Vishal Mega Mart Share Price Target Set at Rs 115 for 2027?
The arithmetic is short. Trailing EPS of Rs 1.92 grown for one year gives a forward EPS estimate of Rs 2.30, and multiplying it by the unchanged PE of 50.00 gives the Rs 115 base-case Vishal Mega Mart stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Vishal Mega Mart Target Price: Five Years of Results
Vishal Mega Mart grew revenue from Rs 5,654 crore in FY22 to Rs 12,993 crore in FY26, a compound annual growth rate of 23.1%. Net profit grew faster, from Rs 202.77 crore to Rs 839.23 crore (42.6% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 5,653.85 | 202.77 | 0.45 | 0.00 |
| FY23 | 7,618.89 | 321.27 | 0.70 | 0.00 |
| FY24 | 8,945.13 | 461.94 | 1.01 | 0.00 |
| FY25 | 10,774.90 | 631.97 | 1.36 | 0.00 |
| FY26 | 12,992.61 | 839.23 | 1.79 | 0.00 |
FY26 revenue growth was 20.6%, slower than the four-year average of 23.1%, and net profit moved up 32.8%. EPS rose from Rs 1.01 in FY24 to Rs 1.79 in FY26. The FY27 outlook for the Vishal Mega Mart price target depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Vishal Mega Mart converted 6.5% of FY26 revenue into net profit, against 5.9% in FY25, within a five-year range of 3.6% to 6.5%. EBITDA margin was 15.2% in FY26 versus 14.7% in FY25.
In the September 2026 quarter, revenue was Rs 3,437 crore, up 14.5% from the same quarter a year earlier, while net profit of Rs 157.88 crore was up 3.7%. EBITDA came in at Rs 450.43 crore, up 8.6% year on year. The next quarterly result is the first test of whether the earnings assumption behind the Vishal Mega Mart stock target holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.27, and shareholders’ equity grew from Rs 4,825 crore in FY22 to Rs 7,413 crore in FY26. Operating cash flow in FY26 was Rs 1,621 crore against capital expenditure of Rs 324.89 crore, leaving free cash flow of Rs 1,296 crore, or 2.9% of the current market capitalisation. In FY25 free cash flow was Rs 1,135 crore.
Valuation Check for the Vishal Mega Mart Stock Target: PE, Price to Book and ROE
At a PE of 50.00 against an industry PE of 66.03, Vishal Mega Mart trades at a discount to its industry. Price to book is 5.70 on a book value of Rs 16.85 per share, and return on equity is 11.37%. A PE of 50.00 equals an earnings yield of 2.0%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.
Shareholding Pattern and Institutional Holding
Promoters held 40.02% of Vishal Mega Mart in September 2026, and promoter holding fell from 54.11% in September 2025 to 40.02% in September 2026. Foreign institutional investors (FII) held 18.75% and domestic institutions (DII) held 36.45%, which puts total institutional holding at 55.20%. FII holding rose from 15.39% in September 2025 to 18.75% in September 2026. Public shareholders own the remaining 4.77%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Vishal Mega Mart Share Price Targets for the Short Term and 12 Months
Short Term Vishal Mega Mart Stock Target Levels: Technical Setup
At Rs 95.09 on 13 November 2026, Vishal Mega Mart trades below its 50-day simple moving average of Rs 97.48 and below its 200-day exponential moving average of Rs 110.02. The 14-day RSI reads 65.2, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 97.48 (50-day simple moving average) and the nearest support is Rs 84.16 (52-week low). A sustained move above Rs 97.48 would improve the short-term setup, while a close below Rs 84.16 would shift attention to the next support.
12 Month Vishal Mega Mart Target Price for 2027
The 12-month target of Rs 115 means a move of 20.9% up from Rs 95.09 over the next 12 months. It would still leave the stock 19.3% below its 52-week high of Rs 142.50. Anyone checking the Vishal Mega Mart share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the Vishal Mega Mart Target Price
| EPS Growth | PE 40.00 | PE 50.00 | PE 57.50 |
|---|---|---|---|
| 0.0% (EPS Rs 1.92) | Rs 76.8 | Rs 96.0 | Rs 110 |
| 20.0% (EPS Rs 2.30) | Rs 92.0 | Rs 115 | Rs 132 |
| 25.0% (EPS Rs 2.40) | Rs 96.0 | Rs 120 | Rs 138 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Vishal Mega Mart price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Vishal Mega Mart Stock Target in 2027
Bull Case Rs 138
The bull case Vishal Mega Mart price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 2.40, and a PE multiple that rises 15% to 57.50. That gives Rs 138, 45.1% above the current price and below the 52-week high of Rs 142.50.
Downside Risk Level Rs 76.8
The downside risk level is not a target. It assumes EPS stays flat at Rs 1.92 and the PE falls 20% to 40.00. That gives Rs 76.8, 19.2% below the current price and below the 52-week low of Rs 84.16.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 57.50 | Rs 138 | +45.1% |
| Base Case | 20.0% | 50.00 | Rs 115 | +20.9% |
| Downside Risk | 0.0% | 40.00 | Rs 76.8 | -19.2% |
Key Risks to the Vishal Mega Mart Target Price for 2027
Growth Slowdown Risk for the Vishal Mega Mart Price Target
Revenue in the September 2026 quarter was up 14.5% year on year, and FY26 revenue growth was 20.6%. If growth slows from here, the EPS estimate behind the Vishal Mega Mart stock target will need revising.
Liquidity and Size Risk
Vishal Mega Mart has a market capitalisation of Rs 44,974 crore. Institutional holding is 55.20%, and promoters hold 40.02%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.
Valuation and Margin Risk
Net margin was 6.5% in FY26, so a small slip in costs moves profit noticeably. At a PE of 50.00 versus an industry PE of 66.03, a de-rating toward the downside-risk PE of 40.00 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 65.2 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time. That applies to any Vishal Mega Mart stock target, however carefully it is built.
How to Invest in Vishal Mega Mart
Start with the live price and volume. Any Vishal Mega Mart share price target is only as current as the data behind it, and the data here is as of 13 November 2026, so refresh the Rs 95.09 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Vishal Mega Mart’s PE, ROE, debt and shareholding in one place.
Check Vishal Mega Mart fundamentals on the Univest Screener
Then compare the three Vishal Mega Mart target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Vishal Mega Mart live price and get daily stock recommendations.
Conclusion
The Vishal Mega Mart share price target for 2027 is Rs 115 in the base case, with Rs 138 as the bull case. The support for that view is arithmetic you can check: EPS grew 33.1% a year over FY24 to FY26, and the stock trades at a PE of 50.00. The risks are equally concrete, including a net margin of just 6.5% that leaves profit sensitive to costs and a downside scenario that cuts the price 19% if earnings stall. Use these numbers as a framework for judging the Vishal Mega Mart price target, check them against the latest filings, and size any position to your own risk appetite.
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 2027
What is the Vishal Mega Mart share price target for 2027?
Ans. The base-case Vishal Mega Mart share price target for 2027 is Rs 115, which is 20.9% above the price of Rs 95.09 on 13 November 2026. The bull case is Rs 138 and the downside risk level, which is not a target, is Rs 76.8. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the Vishal Mega Mart share price today?
Ans. As of 13 November 2026, 9:21 AM IST, Vishal Mega Mart (NSE: VMM) trades at Rs 95.09, down 0.95% on the day. That is 33.3% below the 52-week high of Rs 142.50 and 13.0% above the 52-week low of Rs 84.16. The market capitalisation of Rs 44,974 crore places it among mid-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is Vishal Mega Mart a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 33.1% a year over FY24 to FY26 and the base case implies 20.9% upside; on the cautious side, the net margin is a thin 6.5%, and the downside risk level of Rs 76.8 is 19% below the current price. Whether Vishal Mega Mart fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for Vishal Mega Mart shares?
Ans. The bull case in the Vishal Mega Mart share price target for 2027 is Rs 138, which assumes 25.0% EPS growth and a PE of 57.50, a 15% re-rating from today’s multiple. That is 45.1% above the current price and below the 52-week high of Rs 142.50. The downside risk level is Rs 76.8, which assumes flat EPS and a PE of 40.00, 20% lower than today. It sits 19.2% below the current price and below the 52-week low of Rs 84.16, and it marks a risk to watch, not a target.
What are the main risks to the Vishal Mega Mart price target?
Ans. Four risks matter most for the Vishal Mega Mart share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. With a market capitalisation of Rs 44,974 crore, the stock is usually liquid, though exits can take longer than entries in a falling market. A fall to the downside-risk PE of 40.00 would cut the price even if earnings hold.
What is the PE ratio of Vishal Mega Mart and how does it compare with the industry?
Ans. The PE ratio of Vishal Mega Mart is 50.00, against an industry PE of 66.03, which is a discount to the industry. Price to book is 5.70 and return on equity is 11.37%, and the PE equals an earnings yield of 2.0%. The base case holds the PE unchanged, so the Vishal Mega Mart share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns Vishal Mega Mart, and what is the promoter holding?
Ans. Promoters held 40.02% of Vishal Mega Mart in September 2026. FII held 18.75%, DII held 36.45% and the public held 4.77%. Together the two institutional groups hold 55.20%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were Vishal Mega Mart’s latest quarterly results?
Ans. In the September 2026 quarter, Vishal Mega Mart reported revenue of Rs 3,437 crore (up 14.5% year on year) and net profit of Rs 157.88 crore (up 3.7%). For comparison, FY26 full-year revenue growth was 20.6% and net profit moved up 32.8%. Each new quarter either supports or weakens the EPS growth of 20.0% assumed in the base case.
