VMMNSE13 August 2025

Vishal Mega Mart Limited has informed the Exchange about Investor Presentation

Vishal Mega Mart Limited

VISHAL MEGA MART LIMITED (Formerly known as Vishal Mega Mart Private Limited) Corporate & Regd. Office: 5th Floor, Platinum Tower, Plot No. 184 Udyog Vihar, Phase – 1, Gurugram, Haryana-122016, India. Phone: +91-124-4980000 Fax: +91-124-4980001 Email: secretarial@vishalwholesale.co.in, Website: www.aboutvishal.com

Date: August 13, 2025

CIN: L51909HR2018PLC073282

National Stock Exchange of India Ltd., To

BSE Limited To

Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 NSE Scrip Symbol: VMM

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 544307

Dear Sir/ Madam, Subject:

Earnings Presentation on the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2025

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Earnings Presentation on the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2025.

The Earnings Presentation is also being disseminated on the Company’s website at https://aboutvishal.com/.

You are kindly requested to take the same on record.

Thanking you.

Vishal Mega Mart Limited

For

Rahul Luthra _______________________ Company Secretary & Compliance Officer ICSI Membership No: F9588

Encl: As above

Vishal Mega Mart Limited Performance Highlights

Khliehriat, Meghalaya

Q1FY26

Financial Highlights

Revenue from Operations1 & Revenue Contribution (%)

Apparel

General Merchandise

FMCG

25,963

12,409

47.8%

6 2 Y F 1 Q

26.8%

6,961

25.3%

6,562

31,403

14,894

8,578

7,870

47.4%

27.3%

25.1%

Gross Profit & Margin %

Adjusted EBITDA3 & Margin %

Adjusted PAT4 & Margin %

(₹m)

7,331

8,913

3,244

2,426

2,155

1,564

Q1FY25

Q1FY26

Q1FY25

Q1FY26

Q1FY25

Q1FY26

Q1FY25

Q1FY26

SSSG 2 for Q1FY26

11.4%

Margin -

28.2%

28.4%

9.3%

10.3%

6.0%

6.9%

Notes: Figures have been rounded to the nearest integer or one decimal place. 1. Revenue from operations; includes other operating income (not shown separately on the chart). Percentage figures in chart represent sales contribution to revenue from each category. 2. SSSG here is Adjusted SSSG calculated as the growth in net revenue of all stores that have been operational for atleast 15 months at the beginning of each quarter during the period, adjusted to exclude stores which are temporarily non-comparable with base due to refurbishment, cannibalization, area reduction, or any such event which may make it incomparable with base. 3. Adjusted EBITDA is EBITDA pre-ESOP charges and pre-INDAS 116. 4. Adjusted PAT is PAT pre-ESOP charge

1

Operational Highlights

Sales of Products 1

Revenue Across Region2

Accelerated Store Additions

From Own Brands

From Third-Party Brands

24.0%

Q1FY26

75.8%

25.8%

Q1FY25

74.1%

6 2 Y F 1 Q

5 2 Y F 1 Q

East

North

8.2%

20.8%

Q1FY26

South

West

28.6%

# Stores As at period end

717

696

626

645

668

611

FY24 exit

42.4%

# Gross Store Additions

32

23

23

19

16

8.2%

28.3%

20.4%

Q1FY25

43.1%

Q1 FY25

Q2 FY25

Q3 FY25

Q4 FY25

Q1 FY26

# Store Closures

-1

0

0

-4

-2

Notes: 1. Split of Revenue excludes other operating revenues which constituted 0.19% and 0.12% of total revenue from operations for Q1FY26 and Q1FY25 respectively. 2. East includes North East; West includes Central.

2

Pan-India network of stores

23 Gross1 New stores added in Q1FY26

Tier wise Store count2

Region3 -wise Store footprint, Jun-25 end

Q1FY26

193

338

Jun-25 end

186

Tier I Tier II Tier III

North South

East West

184

717 # Stores

472 # Cities

30 # States / UT4

12.4m Retail sq. ft.

288

67

178

Notes:. 1. Net New Store Addition for Q1FY26 is 21. 2. Tier 1: Cities with population greater than 1m, Tier 2: Cities with population 200k to 1m , Tier 3: Cities with population less than 200k (as per 2011 census. 3. East includes North East; West includes Central. 4. 28 States and 2 Union territories

3

Healthy growth in Loyalty

Large and loyal consumer base

Q1FY26 & Growth YoY

~151 m 17%

Registered Loyalty1 Customers

~95% Revenue2 from Loyalty customers

Notes: 1. Mobile-based loyalty program which consumers can enrol to accrue and redeem points on all transactions and receive targeted marketing communications. A registered customer on loyalty program is a customer identified by the unique mobile number provided at the time of invoicing by Vishal Mega Mart stores. Such person is considered as a customer registered under our Loyalty program irrespective of whether he or she has made any future purchase(s) or claimed any benefit under our Loyalty program. #loyalty customers as at 30Jun2025. 2. Revenue from Registered Loyalty customers to Gross Revenue (Revenue including GST) for Q1FY26

4

Consistent Progress in Quick Commerce platform

Omni-channel shopping experience offered through our website and mobile application

Q1FY26 & Growth YoY

670 17% Stores with hyperlocal delivery

445 19% Cities covered

~10 m 64% # registered users

~4 m 52% Traffic in a Qtr

5

Easy access to available products at nearest store

Express delivery and store pickup facility available

Flexible return and exchange policy

Q1FY26 : Consolidated Financial Performance

(₹m)

Notes: Figures have been rounded to the nearest integer or one decimal place. SSSG here is Adjusted SSSG calculated as the growth in net revenue of all stores that have been operational for atleast 15 months at the beginning of each quarter during the period, adjusted to exclude stores which are temporarily non-comparable with base due to refurbishment, cannibalization, area reduction, or any such event which may make it incomparable with base.

6

Profit and Loss MetricsQ1 FY26% to Revenue from OpsQ1 FY25% to Revenue from OpsGrowth vs Q1 FY25Revenue from operations31,40325,96321.0%Adjusted SSSG11.4%11.6%Other Income17077Total Income31,57326,04021.2%Cost of Goods Sold22,49018,632Gross Profit8,91328.4%7,33128.2%21.6%Employee Benefit Expense1,7111,498Other Expenses2,6102,177EBITDA4,59214.6%3,65614.1%25.6%Depreciation & Amortization1,5911,383Finance Cost411342Profit Before Tax2,7608.8%2,0087.7%37.4%Profit After Tax2,0616.6%1,5015.8%37.2%ESOP expense12683EBITDA (pre-ESOP charges)4,71815.0%3,73914.4%26.2%INDAS 116 impact on EBITDA (Rent)1,4741,313Adjusted EBITDA (pre-INDAS116 and pre-ESOP charges)3,24410.3%2,4269.3%33.7%Adjusted Profit after tax (pre-ESOP charges)2,1556.9%1,5646.0%37.8%Consolidated Profit and Loss Statement Safe Harbor

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Vishal Mega Mart Limited (the

“Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase

or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever.

No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information

about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the

Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy,

completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain

all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is

expressly excluded.

This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability,

which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking

statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations

in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to

attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations,

government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not

undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any

forward looking statements made from time to time by or on behalf of the Company.

7

Company:

Vishal Mega Mart Limited

CIN: L51909HR2018PLC073282

Thank You

Thank you

Investor Relations Advisors:

Strategic Growth Advisors Pvt. Ltd.

CIN: U74140MH2010PTC204285

Mr. Rahul Luthra, Company Secretary & Compliance Officer

Devika Shah / Shikha Puri

Email id: secretarial@vishalwholesale.co.in

Email id: devika.shah@sgapl.net / shikha.puri@sgapl.net

Tel No: +91 124- 4980000

Tel No: +91 9920764659 / +91 9819282743

Nandyal, Andhra Pradesh

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