External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Resilient Performance amid Challenging Environment: V-Mart delivered ~13% YoY revenue growth in Q1FY26, driven by 14% growth in the core business and 12% in Unlimited, supported by strong wedding season demand and higher footfalls (+11% YoY; second-highest ever).</li><li>Conversion improved 100bps YoY to 48%, marking the best performance in six quarters.</li><li>Despite regional disruptions, management has guided for high single-digit SSSG over the next three quarters, aided by sharper pricing, youth-centric assortments, and festive demand. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Resilient Performance amid Challenging Environment: V-Mart delivered ~13% YoY revenue growth in Q1FY26, driven by 14% growth in the core business and 12% in Unlimited, supported by strong wedding season demand and higher footfalls (+11% YoY; second-highest ever).Conversion improved 100bps YoY to 48%, marking the best performance in six quarters.Despite regional disruptions, management has guided for high single-digit SSSG over the next three quarters, aided by sharper pricing, youth-centric assortments, and festive demand. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Axis Punch: V-Mart Retail Ltd - 19th August 2025