Vijay Sales rebuffs PE, eyes Rs 13,600 cr FY26 sales as family doubles down on reinvestment
India's #3 electronics retailer, trailing only Reliance Digital and Croma, projects 25%+ sales growth to Rs 13,600 crore and Rs 500 crore+ profits in FY26. The 60-year-old Mumbai-based family chain is shunning private equity, family offices, and wealth managers, choosing to plough profits back into the core business rather than diversify.
Vijay Sales, India's third-largest electronics retailer after Reliance Digital and Croma, rejects private equity suitors. Family-owned chain reports FY26 sales of Rs 13,600 crore (up 25%+) and profits over Rs 500 crore, reinvesting profits rather than diversifying via family office.