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V-Mart Retail Ltd Concall Summary for Q4FY26 🔹 MANAGEMENT COMMENTARY • Consumption trends remain healthy • 10th straight quarter of LFL growth • AI integration improving efficiencies • LimeRoad turnaround progressing well • South India business scaling strongly 🔹 FY27 OUTLOOK • Area addition guidance: 13–15% • LFL growth target: 5–7% • Medium-term PAT margin target: 4–4.5% • FY27 capex planned at ₹170–180 Cr • Technology spending to remain elevated 🔹 INDUSTRY TRENDS • Rural demand remains relatively healthy • Yarn prices increased 10–15% • Crude inflation impacting sourcing costs • Organized retail gaining market share • Inflation risks discretionary spending 🔹 COMPETITIVE POSITIONING • Long operating history remains advantage • AI capabilities strengthening execution • Competitor expansion impact moderating • Unlimited gaining traction in South • Omni-channel strategy improving loyalty 🔹 RISKS & CONCERNS • Polyester yarn inflation remains concern • Crude oil volatility impacting margins • Labor cost inflation rising gradually • Supply disruptions affecting vendors • Consumer basket inflation monitorable 🔹 GROWTH DRIVERS • 92 stores added during FY26 • Q4 store additions stood at 29 • LimeRoad losses reduced sharply • Unlimited revenue grew 28% • AI investments improving productivity 🔹 PRODUCT MIX TRENDS • Premium product mix increasing • ASP grew 5% YoY • Kurta sets gaining traction • Fresher inventory levels improving • Summer collection launched early 🔹 FINANCIAL HIGHLIGHTS • Revenue growth: 24% • Overall LFL growth: 12% • EBITDA: ₹106 Cr • EBITDA Margin: 10.9% • FY26 PAT: ₹124 Cr 🔹 KEY TAKEAWAYS • Strong profitable growth continues • Balance sheet remains debt free • South India expansion progressing well • AI-led execution improving scalability • Input inflation remains key monitorable #VMartRetail #VMart #Retail #stockmarket

V-MART: ROCE UPGRADE STORY BUILDING IN RETAIL 📊 V-Mart Retail Ltd 🟢 Medium-term ROCE target set at 18–20% 🟢 Long-term aspiration raised to 20–22% 🟢 Return improvement expected from maturing investments in warehouses & land 🟢 Expansion of Unlimited stores to aid scale efficiency 🟢 Limeroad losses expected to taper as integration & scale benefits kick in 🟢 Management positioning a clear transition from investment phase → profitability phase 🟢 Focus shifting toward capital efficiency and higher asset turnover Overall: narrative is moving from aggressive expansion to returns-led retail scaling, but execution on store productivity and online loss reduction remains key. Does V-Mart’s ROCE target look realistically achievable or is it too optimistic given retail margin constraints? #VMart #RetailStocks #StockMarket #ROCE #Q4Results #EarningsUpdate #Nifty

V- MART: MANAGEMENT SAYS IT IS TARGETING A MEDIUM-TERM ROCE OF 18 - 20% AND EVENTUALLY ABOVE 20–22%, AS RECENT INVESTMENTS IN WAREHOUSES, LAND ACQUISITION, UNLIMITED STORES AND FUNDING LIMEROAD LOSSES BEGIN TO MATURE AND IMPROVE RETURNS - CONCALL UPDATE

Value fashion retail sector #VMart retail limited #Q4FY26 Revenue ~24% EBITDA ~56% Adjusted Pat growth ~1101% •The same store sales growth (SSSG) stood at 12% for the quarter and 5% for the year. •. V-Mart is serving its digital first customers through its omni-channel platform (LimeRoad) apart from being available on all other leading marketplace Good sign for other values retail fashion company

Shadowfax is the worst delivery partner ever... I have experienced the same with limeroad, with nykaa also

New ! Trendy Color Olive Croco Print Men's Wallet Discount Upto 60% Off Shop now Official website- wegofashions.com All products also available on- Myntra, Ajio, Limeroad, Amazon and Flipkart @RajivKalra18

𝙋𝙚𝙤𝙥𝙡𝙚 𝙨𝙖𝙮, “𝙔𝙤𝙪’𝙧𝙚 𝙡𝙪𝙘𝙠𝙮. 𝙔𝙤𝙪 𝙜𝙤𝙩 𝙨𝙝𝙤𝙧𝙩𝙡𝙞𝙨𝙩𝙚𝙙 𝙛𝙤𝙧 𝙂𝙤𝙤𝙜𝙡𝙚.” 𝗪𝗵𝗮𝘁 𝘁𝗵𝗲𝘆 𝗱𝗼𝗻’𝘁 𝘀𝗲𝗲 𝗶𝘀 𝘁𝗵𝗲 3 𝘆𝗲𝗮𝗿𝘀 𝗯𝗲𝗳𝗼𝗿𝗲 𝘁𝗵𝗮𝘁 𝘀𝗲𝗻𝘁𝗲𝗻𝗰𝗲 𝗲𝘃𝗲𝗿 𝗲𝘅𝗶𝘀𝘁𝗲𝗱. They don’t see the 60 applications to Adobe, 50 to Microsoft, 80 across companies like Morgan Stanley, Walmart, Goldman Sachs, Salesforce, Atlassian—basically every big tech name you can think of. They don’t see the 500 applications sent directly through career pages, often with referrals from complete strangers on LinkedIn. They don’t see the 1000 applications on Naukri, Instahyre, LinkedIn Jobs, Indeed. What they definitely don’t see is the time. Applications filled from a phone, from a laptop, between classes, late at night, early mornings. Resume rewritten endlessly. Cover letters tweaked again and again. Rejections ignored. Ghosting normalized. 𝙊𝙪𝙩 𝙤𝙛 4000 𝙖𝙥𝙥𝙡𝙞𝙘𝙖𝙩𝙞𝙤𝙣𝙨, 𝙄 𝙜𝙤𝙩 𝙞𝙣𝙩𝙚𝙧𝙫𝙞𝙚𝙬 𝙘𝙖𝙡𝙡𝙨 𝙛𝙧𝙤𝙢 5 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨: • LimeRoad • ION Digital • concentricAI • Amazon • Google 𝗧𝗵𝗮𝘁’𝘀 𝗮 𝘀𝘂𝗰𝗰𝗲𝘀𝘀 𝗿𝗮𝘁𝗲 𝗼𝗳 𝗹𝗲𝘀𝘀 𝘁𝗵𝗮𝗻 0.2%. And then something interesting happened. I cleared 4 out of those 5. The one rejection? A Java-specific role. I had never coded seriously in Java. Still, I tried. I cleared the DSA rounds. I failed at the Java depth. No excuses—just facts. 𝗧𝗵𝗶𝘀 𝗶𝘀𝗻’𝘁 𝗮 𝗯𝗿𝗮𝗴. 𝙏𝙝𝙞𝙨 𝙞𝙨 𝙩𝙝𝙚 𝙪𝙣𝙘𝙤𝙢𝙛𝙤𝙧𝙩𝙖𝙗𝙡𝙚 𝙩𝙧𝙪𝙩𝙝 𝙗𝙚𝙝𝙞𝙣𝙙 “𝙤𝙫𝙚𝙧𝙣𝙞𝙜𝙝𝙩 𝙨𝙪𝙘𝙘𝙚𝙨𝙨.” When you apply only through LinkedIn Jobs and don’t get shortlisted, it’s not because you’re bad—it’s because 99% of the world is clicking the same button. What changes the game is obsession. Not motivation. Not luck. Obsession. The kind where you stop counting hours. Where rejection becomes background noise. Where the goal is so loud that everything else fades into the sidelines. 𝘽𝙚𝙘𝙤𝙢𝙚 𝙨𝙤 𝙤𝙗𝙨𝙚𝙨𝙨𝙚𝙙 𝙬𝙞𝙩𝙝 𝙮𝙤𝙪𝙧 𝙜𝙤𝙖𝙡 𝙩𝙝𝙖𝙩 𝙦𝙪𝙞𝙩𝙩𝙞𝙣𝙜 𝙙𝙤𝙚𝙨𝙣’𝙩 𝙚𝙫𝙚𝙣 𝙛𝙚𝙚𝙡 𝙡𝙞𝙠𝙚 𝙖𝙣 𝙤𝙥𝙩𝙞𝙤𝙣—𝙤𝙣𝙡𝙮 𝙙𝙚𝙡𝙖𝙮 𝙙𝙤𝙚𝙨.

V-Mart Retail Limited Q3 FY26:- #Q3Results #Q3FY26 #Stockmarket #Nifty #VMART → Q3 FY26 ✓ Revenue ( 10% YoY) ✓ EBITDA ( 22% YoY) ✓ EBITDA Margin 18.6% vs 16.7% YoY ✓ PAT ( 23% YoY) → YTD FY26 ✓ Revenue ( 14% YoY) ✓ EBITDA ( 32% YoY) ✓ EBITDA Margin 14.2% vs 12.5% YoY ✓ PAT ( 314% YoY) → Festive calendar shift (Durga Puja moving to Q2) impacted standalone Q3 numbers; however, combined Q2–Q3 revenue grew ~15% YoY, and SSSG stood at a healthy 5% after adjusting for festive timing. → Added 23 stores in Q3 and 63 stores YTD, taking total count to 554 stores → New Stores Performing better than existing stores, reflecting strong brand acceptance → Improved inventory health and cost efficiencies drove margin expansion despite festive shift → Strong traction across Tier II & III cities via omni-channel presence (including LimeRoad)

People often ask why our Prime Minister is the true Startup PM. For me, the answer goes back to January 2016. At the Startup India launch, Hon’ble Prime Minister @narendramodi ji quipped, “Why didn’t a chaiwala think of starting a hotel chain?” That single line was not just a remark, it was a mindset shift. It told millions of young Indians that ideas matter more than background. Over the next decade, that belief was backed by action. Startup India simplified regulations, enabled access to capital, and created confidence across the ecosystem. Someone in the USA joined a startup. Someone in Asia invested. Someone else chose to guide founders as a board member. It did not matter whether it was ours or hundreds of others. Those hundreds became lakhs of startups and millions of jobs. Within this ecosystem, PRISM grew into a global hospitality network across 35 plus countries. For me, coming from a small town in Odisha with nothing but a big dream, this journey has truly come full circle. Now in 2026, I feel the same wonder and responsibility I felt in 2016. The Prime Minister’s ability to remember people and stories, like recalling Suchi from Limeroad years later, is a reminder of genuine engagement. As we mark 10 years of Startup India, this is not just PRISM’s success. It is India’s. And the journey has only just begun. @mygovindia @startupindia

🛍️ V2 Retail Limited - What Retail Investors Still Need to See Before Getting Exuberant 🧵👇 V2 Retail’s turnaround and growth momentum are real. But as scale and expansion accelerate, the cost of being wrong rises sharply. Before extrapolating current momentum into aggressive long-term expectations, a few critical data points are still needed. Here’s what investors should demand before conviction turns into exuberance 👇 🥇 1️⃣ What Is the TRUE Leverage Once Leases Are Included? What investors need • Total lease liabilities (current non-current) • Lease liability / EBITDA • Right of Use (ROU) assets as % of total assets Why this matters (in simple terms) • Store leases are long-term payment commitments, just like EMIs • The P&L only shows this year’s rent, not how many years of payments are locked in • When many stores are added quickly, these fixed payments stack up silently • If demand slows even slightly, profits fall — but lease payments don’t 👉 Without knowing total lease commitments, investors can’t judge how risky the expansion really is. 🥈 2️⃣ Are New Stores Creating Value or Just Adding Scale? What investors need • ROCE: mature stores vs FY25–26 stores • Average payback period for new stores Why this matters • A store can be EBITDA-positive and still destroy shareholder value • Revenues can grow while returns quietly fall • Expansion beyond ~300 stores materially raises execution complexity 👉 Growth must be value-accretive, not just revenue-accretive. 🥉 3️⃣ Are Margins Holding Up During Peak Expansion? What investors need • Q3 Gross Margin % • Q3 EBITDA Margin % (with sequential commentary) Why this matters • Q2 already saw sharp EBITDA compression • Q3 had one of the highest store-addition quarters • Margin pressure is normal — not disclosing numbers is not 👉 Without margins, investors cannot judge whether pressure is temporary or structural. 4️⃣ Is Organic Demand Slowing Beneath Expansion? What we already know • Q1 FY26 SSSG: ~1% • Q2 FY26 SSSG: ~11% • Q3 FY26 SSSG: ~2% What investors should assess • Is this slowdown stabilising or worsening? • Are mature stores still growing meaningfully? Why this matters • SSSG slowdown often comes before margin pressure • Expansion can mask weak demand for a few quarters 👉 This is a trend-level early warning, not yet a balance-sheet risk 5️⃣ What Is LimeRoad’s Role Post Acquisition? Context • LimeRoad is an acquired digital fashion platform What investors need • Clear strategic role post-acquisition • Path to profitability or capital containment • How it supports stores, private labels, or customer acquisition Why this matters • Acquired digital assets can enhance returns — or dilute them • Declining NMV with lower losses needs interpretation 👉 Impacts long-term optionality, not near-term survival. 🔑 Bottom Line V2 Retail is executing well. But the next phase of belief must be earned through data, not momentum. This is not bearish. It’s recognising that the cost of being wrong is highest when growth feels obvious. Appreciate the turnaround. Respect the growth. Demand clarity before exuberance.

TCG Haldia Petrochemical ABP group PC Chandra Jewellers Bangur Cement GD Pharmaceutical Dabur India Mindtree IFB Tractor India Ltd DTDC Limeroad Faasos ......

𝗠𝘆 𝗜𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄 𝗦𝗰𝗼𝗿𝗲𝗰𝗮𝗿𝗱 𝘀𝗶𝗻𝗰𝗲 𝗰𝗼𝗹𝗹𝗲𝗴𝗲: • Samsung Delhi: Rejected • Samsung Noida: Selected • Limeroad: Selected • Concentric: Rejected • Ion Trading: Selected • Amazon: Selected • Google: Selected 7 𝗜𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄𝘀. 5 𝗦𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻𝘀. 𝗟𝗼𝗼𝗸𝘀 𝗹𝗶𝗸𝗲 𝗜 𝗵𝗮𝘃𝗲 𝗮 𝗴𝗿𝗲𝗮𝘁 𝘀𝘁𝗿𝗶𝗸𝗲 𝗿𝗮𝘁𝗲, 𝗿𝗶𝗴𝗵𝘁? Here is the number you don't see: 3,000 Applications. 500 Referrals. I got ghosted, rejected, or ignored over 3,000 times to get these 4-5 opportunities. The market is brutal. You cannot control if the HR calls you. But you CAN control what happens when they finally do. I didn't leave my success to "Luck." I solved 1,400 problems so that when the 0.1% chance finally hit, I was so damn prepared I couldn't fail. Don't wait for luck. Be so determined that luck has no choice but to follow you.

Myntra Loot : Limeroad Branded Sweatshirt ₹299 Mens:- myntr.in/21Jjgk Womens:- myntr.in/FtEANR

@limeroadcom my friend is extremely frustrated. She doesn't use X so I am writing on her behalf as her experience with Limeroad is horrible. She got The order delivered was WRONG PRODUCT. I received a SALWAR instead of coord set. details are added below in the thread

Me These Days 😭😭😭😭 Uninstalled all shopping apps Myntra, Limeroad,Amazon😭😡😡

🚀 From Ideas to Empires: Meet India’s top entrepreneurs who reshaped business. 🎧 Aman Gupta (boAt) 🛒 Albinder Dhindsa (Blinkit) 🚖 Bhavesh Aggarwal (Ola) 📚 Pranshu Patni (Hello English) 👗 Suchi Mukherjee (LimeRoad) tycoonstory.com/ #indianentrepreneurs #startups

Shirt - LIMEROAD Men Brown Shirts myntra.com/mailers/topwear/l… Pant - URBANO FASHION Men ajio.com/urbano-fashion-men-… Shoe - myntra.com/mailers/shoes/hrx…

📉 Limeroad loss narrowed by 55% YoY Marketplace revenue fell 47% to ₹62 Cr, but EBITDA loss dropped to ₹46 Cr from ₹103 Cr. Online costs down & focus is now on efficiency, not GMV. Breakeven is in sight, with less drag on group profitability. Balance sheet quality improving.