V-Mart Retail Limited has informed the stock exchanges that the recording of its conference call with analysts and investors, held on May 8, 2026, is now available on its official website. The disclosure was made in accordance with Regulation 30 requirements, following the company's prior intimation letter dated April 29, 2026.

Conference Call Recording Details

The company has made the conference call recording accessible to stakeholders through its official web portal. The key details of this regulatory disclosure are summarised below:

Regulatory Compliance

The notification was submitted to both the National Stock Exchange of India Limited and BSE Ltd by Megha Tandon, Company Secretary and Compliance Officer of V-Mart Retail Limited. The filing confirms that the recording has been uploaded to the company's website, making it accessible to analysts, investors, and other stakeholders in line with applicable listing obligations.

V-Mart Retail has shared a multi-pronged strategic outlook during its recent concall, covering return on capital employed (ROCE) targets, regional expansion plans, and cost management measures to shield consumers from rising input costs in the garment supply chain. The conference call, held on May 8, 2026, has been made available on the company's website.

Return on Capital Targets

Management has outlined an ambitious capital efficiency roadmap, aiming for a medium-term ROCE of 18-20%, with aspirations to eventually surpass 20-22% as recent investments begin to yield better returns. This trajectory reflects the company's confidence in its operational model and the improving productivity of capital deployed across its retail network.

North India Expansion Strategy

V-Mart Retail anticipates 50-70% store growth in North India over the next 5 years, citing high population density in the region as a key demand driver. This expansion focus underscores the company's intent to deepen its presence in its core geographies and leverage the structural consumption opportunity in value retail markets.

Managing Input Cost Pressures

Despite a 3-4% increase in overall garment costs, V-Mart Retail intends to restrict consumer price increases to just 1-2%. The company is navigating a challenging environment marked by yarn inflation of 10-15%, driven by elevated crude oil prices — a key feedstock for synthetic fibres widely used in value apparel. The key strategies being deployed include:

• Early orders: Locking in procurement ahead of anticipated price escalations to secure more favourable input costs
• Alternate sourcing: Diversifying supplier and raw material bases to reduce dependence on higher-cost inputs
• Better fabric utilisation: Optimising fabric consumption and minimising waste across product lines to improve cost efficiency

Key Strategic Metrics at a Glance

The following table summarises the strategic and cost dynamics highlighted during the concall:

Preserving Market Share Through Pricing Discipline

The decision to absorb a substantial portion of the cost increase rather than passing it on to consumers underscores V-Mart Retail's strategic priority of maintaining market share. By keeping consumer price hikes well below the actual rise in input and garment costs, the company aims to sustain affordability for its core customer base in the value retail segment. This disciplined approach to pricing reflects a deliberate trade-off between near-term margin management and longer-term volume and market share objectives.