V-Mart, a leading retailer in India, has recently made headlines with its official announcement of acquiring LimeRoad, a popular e-commerce platform. This move has generated much excitement in the investment community, and investors are eager to know what V-Mart’s share price target could be in the coming years.
The company has a long-standing reputation in the retail industry, and many are curious to see whether it is a good auto stock to buy in 2023 and beyond.
In this article, we will take a closer look at V-Mart’s share price target from 2023 to 2030 and evaluate whether the company’s growth prospects make it a wise investment choice.
About the Company
V-Mart Retail is an Indian retail chain of stores that specializes in selling apparel, footwear, and accessories. Established in 2002, the company has over 300 stores located in various states across India and Nepal. The company provides a wide variety of products in categories such as ethnic wear, western wear, kidswear, innerwear, and lingerie, as well as cosmetics and home décor. The company also offers online shopping through its website. The company has experienced strong growth in recent years and is one of the leading players in the Indian retail sector.
Stock history of V-Mart
V-Mart’s stock has been publicly traded on the National Stock Exchange (NSE) of India since March 2014. The stock price of V-Mart Retail Ltd has seen a steady increase since its listing in 2014. The stock has seen a constant growth of 10-15% every year. In 2020, the stock witnessed a sharp surge in its price due to the increased demand for essential items during the pandemic. However, the stock price has always been volatile since then and currently, the stock of V-Mart Retail is trading at 2,770 INR.
Latest news about V-Mart Retail
➤ V-Mart lays foundation for fifteen stores over India in 2023
➤ V-Mart officially announces acquiring LimeRoad
How to buy V-Mart shares?
- Open a Demat and trading account: You need to open a demat and trading account with a broker of your choice to buy V-Mart Retail shares.
- Search for V-Mart Retail stock: Once you have opened a demat and trading account, you can search for the V-Mart Retail stock on the trading platform provided by the broker.
- Place a buy order: After you have located the V-Mart Retail stock, you can place a buy order specifying the quantity and price of the stock you would like to purchase.
- Monitor the stock price: Once you have placed the buy order, you can monitor the stock price and wait for it to reach the price you are willing to pay.
- Place a sell order: When the stock reaches the price you are willing to pay, you can place a sell order and your order will be executed and the shares will be credited to your demat account.
You can buy shares from the following trading platforms:
Zerodha | Click here |
Upstox | Click here |
Groww | Click here |
AngelOne | Click here |
ICICIDirect | Click here |
Share Price Prediction of V-Mart: 2023 to 2030
Share Price Target 2023 of V-Mart is ₹3,790.69
When | Maximum Price | Minimum Price |
January 2023 | ₹2,770.00 | ₹2,148.47 |
February 2023 | ₹2,825.40 | ₹2,173.38 |
March 2023 | ₹2,119.05 | ₹1,630.04 |
April 2023 | ₹2,330.96 | ₹1,793.04 |
May 2023 | ₹1,942.46 | ₹1,494.20 |
June 2023 | ₹2,330.96 | ₹1,793.04 |
July 2023 | ₹2,797.15 | ₹2,151.65 |
August 2023 | ₹3,076.86 | ₹2,366.82 |
September 2023 | ₹3,230.70 | ₹2,485.16 |
October 2023 | ₹3,076.86 | ₹2,366.82 |
November 2023 | ₹3,384.55 | ₹2,603.50 |
December 2023 | ₹3,790.69 | ₹2,915.92 |
The table above provides an estimation of V-Mart’s share price target for 2023. As seen in the data, the minimum and maximum prices for the shares are expected to fluctuate throughout the year. However, it can be observed that the company’s shares are predicted to experience a growth trend, with a significant increase in the maximum price from January to December. The growth percentage is estimated to be around 31% for the year 2023. This can be considered as a bullish sign, indicating an uptrend in the company’s stock price.
Additionally, the maximum price of ₹3,790.69 in December 2023 suggests a strong upward trajectory in the company’s performance.
V-Mart will continue to expand its presence in Tier II and Tier III cities to gain market share in the coming years. Additionally, the company will get advantage from the government’s focus on rural expansion initiatives and its increasing economic activities. This, in turn, is likely to boost the demand for V-Mart’s products and services, leading to higher revenues and higher share prices in the long run.
Share Price Target 2024 of V-Mart
When | Maximum Price | Minimum Price |
January 2024 | ₹3,990.20 | ₹3,069.39 |
February 2024 | ₹4,483.37 | ₹3,736.14 |
March 2024 | ₹4,719.34 | ₹3,836.86 |
April 2024 | ₹4,290.31 | ₹3,300.24 |
May 2024 | ₹3,575.26 | ₹2,750.20 |
June 2024 | ₹4,290.31 | ₹3,300.24 |
July 2024 | ₹3,646.76 | ₹2,826.95 |
August 2024 | ₹4,011.44 | ₹3,183.68 |
September 2024 | ₹4,212.01 | ₹3,240.01 |
October 2024 | ₹4,955.31 | ₹3,811.78 |
November 2024 | ₹5,203.07 | ₹4,002.36 |
December 2024 | ₹5,307.13 | ₹4,082.41 |
The table above provides an estimation of V-Mart’s share price target for 2024. The data shows that the company’s shares are expected to experience a bullish trend, with a significant increase in the maximum price from January to December.
The maximum share price target for 2024 is estimated to reach ₹5,307.13, while the minimum share price target is expected to be ₹2,750.20. This indicates a growth of over 50% in the company’s stock price, making it an attractive investment option for the year 2024.
Nevertheless, this growth trajectory is a positive sign for investors and could lead to an increase in the company’s market value and overall financial stability.
Share Price Target 2025 of V-Mart
When | Maximum Price | Minimum Price |
January 2025 | ₹5,413.28 | ₹4,164.06 |
February 2025 | ₹5,698.19 | ₹4,383.22 |
March 2025 | ₹5,983.10 | ₹4,602.38 |
April 2025 | ₹5,342.05 | ₹4,109.27 |
May 2025 | ₹4,856.41 | ₹3,735.70 |
June 2025 | ₹5,342.05 | ₹4,109.27 |
July 2025 | ₹5,087.67 | ₹3,913.59 |
August 2025 | ₹5,299.65 | ₹4,076.66 |
September 2025 | ₹5,564.64 | ₹4,280.49 |
October 2025 | ₹5,898.51 | ₹4,537.32 |
November 2025 | ₹6,311.41 | ₹4,854.93 |
December 2025 | ₹6,437.64 | ₹4,952.03 |
The data shows that the company’s shares are expected to continue on an upward trend, with a maximum share price target of ₹6,437.64 and a minimum share price target of ₹3,735.70.
This indicates a growth of over 15% compared to the previous year and a solid investment option for the year 2025. The company’s impressive growth trajectory and solid financial stability make it an attractive option for investors looking to make a long-term investment.
The data provides a positive outlook for V-Mart’s future, and investors can look forward to continued growth and stability in the coming years.
V-Mart Share Price Prediction 2026-2030
Year | Maximum Price | Minimum Price |
2026 | ₹4,506.35 | ₹3,154.44 |
2027 | ₹3,830.39 | ₹2,681.28 |
2028 | ₹6,894.71 | ₹4,826.30 |
2029 | ₹14,162.80 | ₹9,913.96 |
2030 | ₹15,772.21 | ₹11,040.55 |
V-Mart’s share price target for 2026 predicts a maximum price of ₹4,506.35 and a minimum price of ₹3,154.44. This represents a considerable drop from the share prices seen in the previous years, but it may also present a good opportunity for investors to buy in at a lower price.
The following year in 2027, the share price target predicts a maximum price of ₹3,830.39 and a minimum price of ₹2,681.28, representing a further dip in price. However, in 2028 and beyond, the share price target experiences a significant growth, with a maximum price of ₹14,162.80 in 2029 and a minimum price of ₹11,040.55 in 2030.
This bullish trend may make V-Mart an attractive auto stock to buy for long-term investors.
Financial Condition of V-Mart: Last 5 years
Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Trailing | Best Case | Worst Case |
Sales | 1,222.37 | 1,433.74 | 1,662.02 | 1,075.46 | 1,666.18 | 2,244.84 | 2,581.37 | 1,781.47 |
Expenses | 1,089.58 | 1,300.81 | 1,448.27 | 944.24 | 1,461.80 | 1,916.91 | 2,204.28 | 1,592.84 |
Operating Profit | 132.79 | 132.93 | 213.75 | 131.22 | 204.38 | 327.93 | 377.09 | 188.63 |
Other Income | 4.14 | -3.88 | 4.48 | 21.04 | 13.90 | 12.13 | – | – |
Depreciation | 22.93 | 27.63 | 93.92 | 102.97 | 130.70 | 162.27 | 162.27 | 162.27 |
Interest | 1.53 | 1.61 | 54.78 | 58.95 | 77.19 | 97.27 | 97.27 | 97.27 |
Profit before tax | 112.47 | 99.81 | 69.53 | -9.66 | 10.39 | 80.52 | 117.55 | -70.91 |
Tax | 34.77 | 38.18 | 20.18 | -3.47 | -1.25 | 16.89 | 21% | 21% |
Net profit | 77.70 | 61.63 | 49.35 | -6.20 | 11.64 | 63.64 | 92.89 | -56.04 |
EPS | 42.93 | 34.05 | 27.12 | -3.15 | 5.91 | 32.13 | 46.90 | -28.29 |
Price to earning | 44.25 | 79.13 | 52.42 | -885.07 | 671.27 | 86.19 | 269.96 | 86.19 |
Price | 1,899.75 | 2,694.25 | 1,421.35 | 2,785.50 | 3,966.30 | 2,769.40 | 12,661.86 | -2,438.63 |
RATIOS: | ||||||||
Dividend Payout | 4.66% | 5.00% | 0.00% | 0.00% | 12.71% | |||
OPM | 10.86% | 9.27% | 12.86% | 12.20% | 12.27% | 14.61% |
V-Mart has seen significant growth in its financials over the past five years. Its sales have increased from ₹1,222.37 crore in March 2018 to ₹1,666.18 crore in March 2022 with a maximum growth of 34.33% and minimum growth of -17.75%.
The company’s operating profit has grown from ₹132.79 crore in March 2018 to ₹204.38 crore in March 2022, with a maximum growth of 53.57% and a minimum growth of -3.96%.
The company’s net profit has increased from ₹77.70 crore in March 2018 to ₹11.64 crore in March 2022 with a maximum growth of 92.89% and a minimum growth of -56.04%.
The company’s revenue growth has been steady with an average growth rate of 11.61% and its profit growth rate has been 9.58%. The profit after tax (PAT) has grown from ₹112.47 crore in March 2018 to ₹10.39 crore in March 2022.
Overall, V-Mart has shown consistent growth over the past five years, with a focus on profitability and revenue growth.
FAQS
Will the share price of V-Mart increase in 2023?
Yes, the per share price of V-Mart will grow and reach ₹3,790.69 by the December of 2023.
What is the price prediction for V-Mart for 2030?
The per share price of V-Mart might reach around ₹15,772.21 by the end of 2030. However, we suggest consulting with a financial advisor or doing your own research to get a better idea of the stock’s potential trajectory.
Can V-Mart touch 3000 INR in 2023?
Yes, according to our analysis, V-Mart can reach 3000 INR in 2023. It can reach Rs. 3,076 by August 2023.
What is the current market capitalisation of V-Mart?
At the time of writing, the V-Mart share price is trading at ₹2,770 with a market capitalisation of 54.77 billion INR.
Also read:
DLF Limited Share Price Target: 2023 to 2030
Difference between NSE and BSE
DLF Limited Share Price Target: 2023 to 2030.
Conclusion
The V-Mart Retail share price target for the year 2030 might reach around ₹15,772.21, according to the analysts. So, we can assume that a bright future awaits for V-Mart Retail Ltd. However, V-Mart Retail has seen consistent growth in its share price since its initial public offering in 2017, indicating that the company is on a path to success. As V-Mart continues to expand its network of stores and increase its presence in India, the long-term outlook for its share price looks promising. Investors should watch the company’s performance closely and look for potential opportunities to invest in the company.