Vishal Mega Mart Limited

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Consumer Discretionary / Retail · NSE / BSE

Incorporated in 2001, Vishal Mega Mart is a leading hypermarket chain offering a wide range of products including apparel, groceries, electronics, and home essentials, primarily serving middle and lower-middle-income consumers. As of September 30, 2024, the company operates 645 stores across 414 cities in 28 states and two union territories, following an asset-light model by leasing its stores and distribution centers while sourcing goods from third-party vendors and brands. Vishal Mega Mart strengthens accessibility through its mobile app, website, and direct local delivery service, which has 6.77 million registered users across 600 stores in 391 cities. Ranked among India’s top two offline-first diversified retailers, the company employs 16,537 people and offers an extensive portfolio of in-house brands across apparel, general merchandise, and FMCG categories.