V-Mart Retail Limited has informed the Exchange about Investor Presentation

Ref. No. CS/S/L-588/2022-23

5th August, 2022

To: The Listing Department NATIONAL STOCK EXCHANGE OF INDIA LIMITED “Exchange Plaza” Bandra Kurla Complex, Bandra (E ), Mumbai – 400 051 Scrip Code: VMART Fax: 022-26598120 Email: cmlist@nse.co.in

To: The Corporate Relationship Department THE BSE LTD Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 534976 Fax: 022-22723121 Email: corp.relations@bseindia.com

Sub: Presentation to Investors/Analysts

Dear Sir/Madam,

Please find enclosed herewith the presentation being forwarded to Investors/Analysts on unaudited financial results of the Company for the first quarter ended 30th June, 2022.

The http://www.vmart.co.in/investor/3/investors-presentation.

presentation

above

available

also

is

on

the

Company's

website:

We request you to kindly take the above information on record.

Thanking You,

Yours Truly For V-Mart Retail Limited

Megha Tandon (Company Secretary and Compliance Officer)

Encl: As above

www.vmartretail.com

V-Mart Retail Ltd. Financial Results & Analysis Q1 FY23

Disclaimer

This presentation has been prepared by V-Mart Retail Limited (“V-Mart”) and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute an offer.

No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. The information contained in this presentation is only current as of its date. Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements”, including those relating to the general business plans and strategy of V-Mart, its future financial condition and growth prospects, future developments in its industry and its competitive and regulatory environment, and statements which contain words or phrases such as ‘will’, ‘expected to’, ‘horizons of growth’, ‘strong growth prospects’, etc., or similar expressions or variations of such expressions. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results, opportunities and growth potential to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to risks with respect to its hair care, its healthcare business and its skin care business.

V-Mart may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. This presentation cannot be copied and disseminated in any manner.

No person is authorized to give any information or to make any representation not contained in and not consistent with this presentation and, if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of V-Mart. This presentation is strictly confidential.

Q1 FY23

Key Performance Highlights Financial Parameters Operational Parameters

3

Key Highlights: Q1 FY23 vs. Q1 FY22 Results

Q1 FY23

4

V-MartUnlimitedFashionKiranaV-MartUnlimitedOpened: 11Closed: 0391Revenue ContributionNumber of Stores205Net Profit/(Loss)₹ Millions91%9%Revenue ContributionStore Count (Nos)31477231%Revenue Growthv/s Q1 FY2280%20%Financial Parameters

Revenue (Millions)

Revenue Mix (%)

EBITDA (Millions)

PAT (Millions)

Q1 FY23

5

5,879 1,774 Q1 FY23Q1 FY22231%80.7%9.9%9.4%80.0%10.7%9.3%ApparelNon AppKiranaQ1 FY23Q1 FY22887 -20 Q1 FY23Q1 FY22205 -287 Q1 FY23Q1 FY22Operational Parameters

Footfall (Lakhs)

Conversion Rate (%)

Transaction size (Rs.)

Average Selling Price (Rs)

Q1 FY23

6

62.2%70.7%Q1 FY23Q1 FY22-9%102 31 Q1 FY23Q1 FY22224%994 848 Q1 FY23Q1 FY2217%62.2%70.7%Q1 FY23Q1 FY22-9%370 295 233 193 Q1 FY23Q1 FY22ApparelTotal20%25%Operational Parameters

Sales per sq feet (per month)*

Store Count (Nos)

*basis operational days

Same Store Sales Growth (%)**

Same Store Volume Growth (%)**

Tier 1

Tier 2

Tier 3

Tier 4

Tier 1

Tier 2

Tier 3

Tier 4

**same store are opening till FY19

Q1 FY23

7

626 533 Q1 FY23Q1 FY2217%124%103%Q1 FY23Q1 FY22105 65 54 38 172 143 60 36 Q1 FY23Q1 FY22Tier 1Tier 2Tier 3Tier 4137%119%Q1 FY23Q1 FY22Operational Parameters

Expenses (% of Revenue)

Retail Space (Lackhs Sq feet)

Inventory (Days of Sales)

Shrinkage (% of Revenue)

Q1 FY23

Includes provision for obsolescence

8

9.4%4.4%2.5%5.9%18.8%5.3%1.5%6.5%ManpowerPowerAdvertisementOthersQ1 FY23Q1 FY22104 100 110 103 110 90 53 88 Q1 FY23Q1 FY22TotalApparelNon ApparelKirana0.05%4.90%Q1 FY23Q1 FY2234 23 Q1 FY23Q1 FY2247%Financial Review – Profit & Loss Statement

INR millions (except per share data)

* Tax expense includes deferred tax

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30.06.202230.06.2021(Unaudited)(Unaudited)IRevenue from operations5,8791,774IIOther income4145IIITotal Income (I + II)5,9201,819IVTotal expenses5,6412,204V(Loss)/profit before tax (III-IV)279(385)VITotal tax expense*74(98)VII(Loss)/profit for the year (V-VI)205(287)VIIIOther comprehensive (loss)/income(2)(1)IXTotal comprehensive (loss)/income for the period (VII+VIII)203(288)X(Loss)/Earning per share (Nominal value of Rs. 10 each)(a) Basic (Rs.)10.35(14.57)(b) Diluted (Rs.)10.35(14.57)ParticularsFor the period endedInd-AS 116 : P&L Impact (Q1 FY23)

INR Millions

“Changes due to Ind-AS 116 (increase) / decrease on PBT”

Q1 FY23

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Pre Ind-AS 116Post Ind-AS 116Net Impact on PBT(A)(B)C = (B-A) Rent 47577(398) Finance cost 1247246 Depreciation & Amortization 126402276 PBT decreased by124Particulars (impact on PBT) – FY23Financial Review - Balance Sheet

INR Millions

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June 30, 2022March 31, 2022(Unaudited)(Audited) ASSETS Property, plant and equipment2,8312,795 Capital work in progress10864 Intangible assets3232 Right-of-use assets8,4978,283 Financial assets Investments1138 Other financial assets416370 Deferred tax assets (net)420386 Other non-current assets4544 Non-current assets (A)12,36012,012 Inventories6,8026,682 Financial assets Investments 1,1021,211 Loans25 Cash and cash equivalents358330 Other bank balances8120 Other financial assets42 Other current assets826733 Current assets (B)9,1758,983TOTAL ASSETS (C = A+B)21,53520,995ParticularsAs AtJune 30, 2022March 31, 2022(Unaudited)(Audited)EQUITY AND LIABILITIESEquity Equity share capital198197 Other equity8,5398,299Total Equity (D)8,7378,496LiabilitiesFinancial liabilities Lease liabilities8,7498,429Employee benefit obligations115109Non-current liabilities (E)8,8648,538 Financial liabilities Lease liabilities605593 Trade payables2,6312,906 Other financial liabilities370212Employee benefit obligations3941Liabilities for current tax (net)223116 Other current liabilities6693Current liabilities (F)3,9343,961Total Liabilities12,79812,499TOTAL EQUITY LIABILITIES (G = D+E+F)21,53520,995ParticularsAs AtFinancial Review - CFS

INR Millions

Net Capex : Rs. 224 million (previous year: Rs. 1,494 million) Free Cash Flows: Rs. 145 million (previous year: Rs. -1,606 million)

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June 30, 2022March 31, 2022(Unaudited)(Audited)(A) Cash flows from operating activitiesProfit before Income Tax278104Adjustments to reconcile profit before tax to net cash flows:6471,887Operating profit before working capital changes9251,991Changes in working capital(555)(1,985)Cash flow from operations3706Taxes paid (net of refunds)(0)(118)Net cash flow from operating activities (A)369(112)(B) Investing activitiesNet cash flow (used in)/from investing activities (B)(135)1,237(C) Financing activities Net cash from/(used in) financing activities (C)199(1,045)Net increase/(decrease) in cash and cash equivalent (D = A+B+C)3580Cash Flow Statement for the periodFor the period endingYTD FY23

Store Geographical Spread Recent Campaigns Our Journey to “Omnipresence” Other Significant Updates

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New Stores Addition (Q1 FY23)

+1

+2

+2

+1

+1

+1

+1

+1

+2

Q1 FY23

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STATEStore CountTAMIL NADU2UTTAR PRADESH2RAJASTHAN2MADHYA PRADESH1ANDHRA PRADESH1UTTARAKHAND1BIHAR1TELANGANA1Total11Total Stores as on June 30, 2022

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STATECY LYUTTAR PRADESH124111BIHAR5651JHARKHAND2422TAMIL NADU240KARNATAKA200RAJASTHAN1916WEST BENGAL1714MADHYA PRADESH1515TELANGANA150UTTRAKHAND118ANDHRA PRADESH100ASSAM89JAMMU AND KASHMIR88ORISSA88GUJARAT76NEW DELHI63MAHARASHTRA50PUNJAB55HARYANA31ARUNACHAL PRADESH11GOA10HIMACHAL PRADESH12KERALA10MEGHALAYA11TRIPURA10NAGALAND01Total391282Celebrating Festivals with Fashion & Happiness – Key Campaigns

Jamai Sasthi Celebrations Q1’ FY 23

Mehngai par war, jordaar!

Eid Celebrations Q1’ FY 23

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Store Façade

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Our Journey to “Omnipresence” – Digital Business

V-Mart App

V-Mart on Marketplace

www.vmartretail.com

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www.vmartretail.com

Thank you!

In case of any queries, please contact the IR Team: ir_vmart@vmartretail.com