FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors

VMART Consensus Forecast

No. of reports in last year
No. of analysts
Average Consensus Forecast
Consensus Potential

VMART Price Target Potential

Axis Direct3400-13.35%
Motilal Oswal3500-10.11%
HDFC Securities2650-45.43%
Nirmal Bang3017-27.74%
Karvy Stock Broking1698-126.97%

VMART Targets in FrontPage Forums

0 Users have submitted 0 trade ideas of Rs. 0 for VMART
0% Bullish
0% Bearish
See buy or sell ideas on FrontPage Forums >>

VMART Ratings

Long term VMART rating by FrontPage users
4/5 (5 Ratings)

6 VMART share price target reports by brokerages below. See what is analyst's view on VMART share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
  1. Home
  2. VMART Forum
  3. VMART Price Target

VMART Share Price Target

VMART Share Price Target - Broker Reports - 2021

Price @ Call: 2778.5
Target: 3400
Price @ Call: 2809.65
Target: 3500
Price @ Call: 2455.51
Target: 2650
Price @ Call: 2516.12
Target: 3017

VMART Share Price Target - Broker Reports - 2020

Price @ Call: 2005.15
Target: 2274
Price @ Call: 1990.59
Target: 1698
Price @ Call: 2130.28
Target: 2700
After languishing for the last 12 months due to weak earnings, the stock has bounced back recently on the back of healthy earnings growth in 3QFY20. We have turned positive on the stock on account of three factors (i) moderating competition given ongoing consolidation in the regional market, which offers potential for market share gains, (ii) low SSSG and margin base for the last five quarters (except 3QFY20), coupled with tailwinds from better monsoon and agricultural output and (iii) huge runway for growth in the regional market. The stock has corrected by ~32% from its peak in Aug’18 due to deceleration of PAT growth (9% CAGR) over FY18-20. However, the improving prospects (PAT CAGR of ~23% over FY20-22E) will help garner better valuation. We assign 20x EV/EBITDA on FY22E EBITDA of INR2.3b to arrive at a target price of INR2,700 with implied P/E of 28x (closer to its five-year average, but at a ~30% discount to its three-year average). We upgrade the stock to Buy.
... Read more
Price @ Call: 2284.75
Target: 2600
The twin effect of strong fundamentals and business inclined an in tune with the current macros, we believe the company will be able to sustain the premium valuations. The stock trades at a 1 year fwd P/E of 39x and we value the stock at 50x (near avg+1sd valuation on 5 year avg), on FY21 E EPS of Rs. 51.3 and retain our ‘HOLD’. Key risks to the call are further deteriorations in macros having a deeper impact and increased competitions from organized space from urban India.
... Read more

VMART Share Price Target - Broker Reports - 2019

Price @ Call: 1698.95
Target: 1360
Indian retail industry is expected to witness a growth of 12% – 14% over the next three years and reach about $1150 bn by 2021; CAGR growth of over 10% during 2013 – 18 (Source: CARE Ratings). Higher demand from consumers, improved standard of living, brand awareness and more private labels with retailers, to name a few, are expected to stimulate demand going forward. India is currently the fourth-largest global destination in the retail space, after US, China and Japan. Entry of large number of players, along with rising income levels, favorable demographics and easy credit availability have made the retail industry one of the most dynamic and fast growing industries in the country.
... Read more
Price @ Call: 1946.22
Target: 2366
Compelling story; maintain ‘BUY’.V-Mart’s strategy of increasing clusters coupled with healthy store additions is likely todrive growth. Key risks to our call are rise in competitive intensity and prolonged slowdown. We retain 25x EV/EBITDA (12-months’ forward; ex-Ind AS 116) to arrive at TP of INR2,366. Maintain ‘BUY/SP’. At CMP, the stock is trading at 14.1x FY21E EV/EBITDA (19.1x ex-Ind AS 116 FY21E EV/EBITDA).
... Read more
Price @ Call: 1715
Target: 1869
Despite good set of numbers and efforts taken to improve profitability, webelieve in the coming quarters, the stress witnessed in the smaller cities will have an impact on the overall performance. The very high growth seen in the company in the earlier years has now more or less normalized now and is being factored in the valuations also. The stock currently trades at one year forward PE of 41x. We value the stock at 37x, a marginal premium to the 5 year average 1 year forward P/E of 35x, on FY21E EPS of 50.5 and arrive at a target price of Rs. 1870. Risk to the call is faster than expected recovery in the rural market.
... Read more
Price @ Call: 1829.83
Target: 2316
Continued expansion bets on market share gain; margin soft
V-Mart Retail or VRL’s1QFY20 performance on the revenue front exceeded our expectations but fell short on margins. After a very relatively weak 4QFY19, VRL’s revenue bounced back and grew by 26% YoY (driven by Eid sales, ~27% increase in retail area and no growth in revenue per sqft).1QFY20 same-store sales growth (SSG) was 5%, driven by 6% volume growth. Management is aiming for a full year SSG of 5%-8% and EBITDA margin of ~9% along with 20% plus revenue growth. On the balance sheet side there has been good inventory control with inventory days reducing by 10 days on YoY basis. Post 1QFY20, we have tweaked our estimates. We now expect a faster growth in revenue while we have pared margin estimates. Our EPS for FY20/FY21 gets pared by 13%/9%, respectively. We assign a target price (TP) of Rs2316, based on a PE multiple of 36, the mean multiple for the last 5 years. Due to the sharp correction that the stock has seen we change our recommendation to a Buy from an Accumulate earlier.
... Read more
Price @ Call: 2025
Target: 2476
Price @ Call: 2477.65
Target: 2692
Price @ Call: 2312.1
Target: 2032
Currently, the stock trades at one year forward P/E of ~65x. The valuation build up was on the expectation of gaining market share in the unorganized space in smaller cities. Management’s admittance to have not been able to scale up business in these regions amidst a slowdown and competitive market is a cause for concern. Also, high concentration of stores in North and North East pose additional risk. We value the stock at 43x on FY21E EPS of Rs. 47.2, and recommend “SELL”, with a target price of Rs. 2032. Risk to the call is faster than expected recovery in rural market.
... Read more
Price @ Call: 2740
Target: 2700

VMART Share Price Target - Broker Reports - 2018

Price @ Call: 1998.45
Target: 2177
Price @ Call: 2800
Target: 3316
Price @ Call: 2429.3
Target: 2883
Price @ Call: 1567.8
Target: 2050

VMART Share Price Target - Broker Reports - 2017

Price @ Call: 1357.89
Target: 1797
Price @ Call: 529.2
Target: 665
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 2,00,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • VMART Share Price Target Today- Technical Pivot Points (Classic)

    Upside Target 34,669.3
    Upside Target 24,328.65
    Upside Target 14,091.3
    Downside Target 13,513.3
    Downside Target 23,172.65
    Downside Target 32,935.3
  • VMART Share Price Target weekly- Technical Pivot Points (Classic)

    Upside Target 33,776.95
    Upside Target 23,630.9
    Upside Target 13,493.1
    Downside Target 13,209.25
    Downside Target 23,063.2
    Downside Target 32,925.4
  • VMART Share Price Target monthly- Technical Pivot Points (Classic)

    Upside Target 33,469.93
    Upside Target 23,305.92
    Upside Target 13,053.13
    Downside Target 12,636.33
    Downside Target 22,472.32
    Downside Target 32,219.53
  • VMART Share Price Target today- Technical Pivot Points (Fibonacci)

    Upside Target 34,328.65
    Upside Target 24,107.85
    Upside Target 13,971.45
    Downside Target 13,529.85
    Downside Target 23,393.45
    Downside Target 33,172.65
  • VMART Share Price Target weekly- Technical Pivot Points (Fibonacci)

    Upside Target 33,630.9
    Upside Target 23,522.47
    Upside Target 13,455.48
    Downside Target 13,238.62
    Downside Target 23,171.63
    Downside Target 33,063.2
  • VMART Share Price Target monthly- Technical Pivot Points (Fibonacci)

    Upside Target 33,305.92
    Upside Target 23,146.7
    Upside Target 13,048.33
    Downside Target 12,729.9
    Downside Target 22,631.53
    Downside Target 32,472.32
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.
FrontPage © 2020