V-Mart Retail Ltd details operational scale, sustainable commitments in FY 2025-26

V-Mart Retail Ltd details operational scale, sustainable commitments in FY 2025-26

V-Mart Retail Ltd details operational scale, sustainable commitments in FY 2025-26​

V-MART RETAIL LIMITED, a retail entity established in 2002, is committed to integrating sustainability into its core business strategy. The company reported comprehensive operational and environmental performance data for the Financial Year 2025-26 (April 01, 2025 to March 31, 2026).

The company's primary business activities are segmented across three categories: Retail Trade focusing on Apparel (79%), Retail Trade focusing on FMCG (11%), and Non-Apparel (10%). These products constitute its main source of turnover.

Operational Footprint and Workforce Metrics​

V-Mart maintains a significant national presence, operating 577 stores and 7 offices across the country. The company serves markets across 28 States and Union Territories.

The entity employed a total of 13,929 employees during the financial year. Out of these, 11,691 were permanent employees and 2,238 were other than permanent employees. V-Mart maintains a commitment to diversity, with women representing 30% of the total workforce, as detailed in the following table:

ParticularsTotal (A)No. & % of Females (B/A)
Board of Directors61 / 16.67%
Key Managerial Personnel (KMP)41 / 25.00%

The company also reported the engagement levels regarding employee welfare, with cost incurred on wellbeing measures standing at 0.06% of total revenue for FY 2025-26. A total of 13,929 employees were monitored for participation in training programs related to business integrity and ethical standards.

Focus on Environmental Stewardship and Resource Management​

The company has integrated resource efficiency into its operational model. In the pursuit of climate strategy and sustainable operations, V-Mart Retail Ltd focused heavily on energy and water management.

In terms of renewable energy adoption, the company invested in a 700 kWp rooftop solar power plant at its warehouse. This initiative successfully generated over 2,700 GJ of renewable energy annually. Furthermore, all new stores are equipped with 100% LED lighting and heat control films to reduce cooling requirements and enhance energy efficiency.

Water management strategies involved the operation of a Sewage Treatment Plant (STP) at the Palwal warehouse. This facility has a capacity of 1,00,000 litres daily, ensuring no untreated wastewater discharge. During FY 2025-26, over 80 lakh litres of RO reject water were reused across stores, while approximately 40,000 litres of wastewater were recycled through the STP.

In line with circular economy initiatives, the company implemented a structured carton return and reuse mechanism, achieving approximately 90% reuse efficiency for cartons during FY 2025-26.

Stakeholder Grievance Redressal and Fair Labour Practices​

V-Mart maintains dedicated mechanisms to address grievances from various stakeholders including employees, customers, and communities. In FY 2025-26, the company recorded a high volume of consumer complaints at 1,30,665, with 217 remaining pending resolution at the end of the year. Meanwhile, there were 298 grievances filed by employees and workers during the same period, zero of which remained pending resolution upon BRSR approval.

Regarding labour practices, the company ensured compliance in remuneration:
  • For permanent employees, 55.5% (4,671 out of 8,431 male employees) received wages equal to the minimum wage during FY 2025-26.
  • A total of 100% of both male and female permanent employees were covered by the Employee State Insurance (ESI).

The company is committed to upholding human rights standards across its operations, establishing a formal internal grievance redressal framework. A specific focus on environmental impact on suppliers resulted in 8% of vendors being assessed for environmental compliance.

Regulatory Matters​

While the company reports operational commitments and achievements across various ESG principles, records indicate instances where regulatory scrutiny was encountered regarding labour laws. The disclosed adverse orders included matters related to non-payment of minimum wages by a Labour Court for payments totaling up to Rs 29,93,034/- from a specific court in Kasganj, U.P.

The company demonstrated commitment to ethical governance through its Code of Conduct and Ethics Framework, maintaining zero reported incidents of disciplinary action taken against directors, KMPs, employees, or workers for bribery or corruption during the reporting period.

VMART Stock Price Movement​

As of 1:10 PM, shares of V-Mart Retail Limited are shedding value as they slip by 1.02%, currently positioned near ₹788.4 amidst active trading. The stock has seen significant intraday movement, with a total traded volume accounting for 230,074 shares.
 

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