V-Mart Retail Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the stock exchanges. The report outlines the company's environmental, social, and governance (ESG) performance, detailing its operational footprint, workforce composition, and sustainability initiatives across its retail network.

Operational and Financial Metrics

The company reported a presence of 577 stores nationally, supported by a workforce of 13,929 employees. The paid-up capital stood at ₹79,45,82,890. In terms of sustainability investments, the company allocated 1.2% of its capital expenditure (capex) towards technologies aimed at improving environmental and social impacts during the year, compared to 0% in the previous financial year.

Workforce and Governance

The workforce comprised 70% male and 30% female employees. The report highlighted that 335 differently abled persons were employed, representing 2.4% of the total workforce. The Board of Directors included one female member, constituting 16.67% of the board. The company confirmed that no disciplinary action was taken against any directors, key managerial personnel (KMPs), employees, or workers for charges of bribery or corruption during the reporting period.

Environmental Performance

V-Mart Retail disclosed its energy consumption, reporting total energy usage of 3,86,847 Giga Joules (GJ) for FY 2025-26. The company has implemented a 700 kWp rooftop solar power plant at its Palwal warehouse, which generated approximately 2,700 GJ of renewable energy annually. Water withdrawal totalled 1,74,723 kilolitres, with the company promoting water conservation through the reuse of RO reject water and sewage treatment.

Stakeholder Grievances

The company reported receiving 1,30,665 customer complaints during FY 2025-26, of which 217 were pending resolution at the end of the year. All pending customer complaints were resolved before the approval date of the BRSR. Additionally, 298 complaints were received from employees and workers, with zero pending at year-end. No complaints were reported from investors or shareholders.

V-Mart Retail Limited reported a 16% increase in revenue to Rs. 3,789 crore for the financial year ended March 31, 2026, compared to Rs. 3,253.86 crore in the previous year. EBITDA rose 36% to Rs. 513 crore, with margins expanding to 13.6%. Profit After Tax reached Rs. 124 crore.

The company’s operational footprint expanded to 577 stores across 28 states during the year. Private label brands contributed approximately 70% of revenue. The company maintained a debt-free position and remained cash-generative. Same Store Sales Growth (SSSG) was 5% for the year.

Financial Performance

Operational Highlights

V-Mart focused on strengthening its position as a value fashion retailer through disciplined expansion and digital transformation. The company’s integrated retail ecosystem, spanning physical stores and digital channels, supported profitable growth. Private labels continued to be a key strategic lever, contributing approximately 70% of revenues.

To improve responsiveness and merchandise agility, the company strengthened its Product Lifecycle Management (PLM) framework and Design-to-Display processes. This helped reduce the order-to-shelf cycle from approximately 80 days to 70–75 days. The 1-Click Omni capability enabled customers to access a wider assortment, contributing nearly 30% of platform orders.

Technology played a critical role in operational excellence. The company developed a unified Digital Spine, integrating product, inventory, store and customer data. Advanced analytics and machine learning models supported forecasting, replenishment and inventory allocation, contributing to an 84% season sell-through and 93 days of closing inventory.

Strategic Outlook

The company remains focused on profitable and capital-disciplined growth. It aims to build a Rs. 10,000 crore business in scale, trust, capability and customer impact. The strategy focuses on expanding reach, strengthening merchandising and delivering fashionable products at accessible price points.

The company is navigating a volatile geopolitical landscape and inflationary pressures. Its preparedness is rooted in agility, combining data-driven merchandising, sharper pricing strategies and long-standing vendor relationships.