Analysts at Motilal Oswal project V-Mart Retail to achieve an 18% revenue CAGR from FY25-28, driven by consistent store expansion and same-store sales growth. The company is seen as benefiting from rising discretionary spending in rural India and the shift from unorganized to organized retail. V-Mart's focus on operational efficiency, reduced losses at LimeRoad, and improved productivity at Unlimited stores are expected to support earnings recovery and a potential re-rating.