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NSE:V2RETAIL

V2 RETAIL LIMITED

Consumer Services › Retailing·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹155.42
at close · 28 Oct 2026
▼ 1.48 (-0.94%)

Latest filings

Next results: Tue, 3 Nov · Financial Results/Other business matters
  1. Board to approve Q2 and half-year results on November 3, 2026 · Results
  2. RTA confirms no demat requests in Sep 2026 quarter · Compliance
  3. V2 Retail Q2 FY27 revenue up 28.4 percent, adds 49 new stores · Business Updates
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a speciality retail chain focused on Tier 2 and Tier 3 cities in India, with 381 stores spread across about 40.7 lakh sq ft as of Q1 FY27, up from 325 stores across 25 states and 35.35 lakh sq ft at FY26-end. FY26 revenue was Rs 3,067 crores, with same-store sales growth of 8.58%, full-price sales contributing 90% of revenue, and average bill value of Rs 925. Q1 FY27 revenue was Rs 997 crores (up 58% YoY), with same-store sales growth of 7.5% and monthly sales per sq ft of Rs 886. The chain added 139 net new stores in FY26 and has guided to 170-200 new stores in FY27, employing 10,561 permanent staff. Reported cost lines are dominated by employee expenses at 7.9% of revenue and other operating expenses at 7.5%, with FY26 gross margin at 30.2%. The company raised Rs 400 crores via a QIP in November 2025.

Operating scale
Stores
381 stores across about 40.7 lakh sq ftQ1 FY27
Stores
325 stores across 25 states, 35.35 lakh sq ftFY26
Same-store sales growth
7.5%Q1 FY27
Same-store sales growth
8.58%FY26
Monthly sales per sq ft
Rs 886Q1 FY27
Average bill value
Rs 925FY26
Who pays it
Retail consumers in Tier 2 and Tier 3 Indian cities buying through the company's own store network.
Biggest cost
Employee expenses at 7.9% of revenue, the largest reported cost line, followed by other operating expenses at 7.5%.
Kind of business
Store-network-driven speciality retailer expanding rapidly in smaller Indian cities.
Where it sits
Operates 381 own-brand retail stores across roughly 25 states, focused on Tier 2 and Tier 3 cities.
Market Cap
₹5,667 Cr
P / E (TTM)
3.6×
EV / EBITDA
9.3×
Div Yield
—
Growth
41.6%▲
Revenue 5y CAGR
PAT — · EBITDA +47.2%
Quality
11.4%·
ROCE (5y median)
ROE 10.1% (5y median) · margin 16.1%
Leverage
0.28·
Debt / Equity · low
Net debt ₹248 Cr
Revenue FY21→FY26
5.7×▲
Margin +7.7 pts
₹539 Cr → ₹3,067 Cr
Cash conversion
1.51×▲
Operating cash ÷ profit · 5 yrs
₹358 Cr on ₹237 Cr
Moves on a normal day
1.45%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 19 Speciality Retail peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#3/19
P/B#10/14
ROCE#5/20
ROE#2/14
Debt / Equity#10/14
EBITDA margin#9/14
Revenue growth#3/16
Profit growth#3/13

Scorecard

Measured from the filed financials, judged against its Speciality Retail peers · as of FY26 — not investment advice

Strengths
Revenue compounding 42% a year over 5 years
Over 5 years it reported ₹237 Cr of profit and ₹358 Cr of operating cash — 1.51×
Profit is converting into cash
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

V2RETAIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from V2 RETAIL LIMITED's filed financials and exchange disclosures

What does V2 RETAIL LIMITED do?

V2 RETAIL LIMITED is a Retailing company listed on NSE and BSE, trading under the symbol V2RETAIL.

Is V2 RETAIL LIMITED profitable?

Yes. Over the trailing twelve months V2 RETAIL LIMITED reported a net profit of ₹203 Cr on revenue of ₹4,064 Cr.

Does V2 RETAIL LIMITED pay a dividend?

Not in the latest reported year — V2 RETAIL LIMITED's dividend payout for FY26 was nil.

Is V2 RETAIL LIMITED debt-free?

No. It reported borrowings of ₹254 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹248 Cr after cash. Debt stands at 0.28× equity. That is higher than 69% of its 14 Speciality Retail peers.

Is V2 RETAIL LIMITED expensive compared with its peers?

On trailing P/E, V2 RETAIL LIMITED ranks 3 of 19 in Speciality Retail — cheaper than 89% of them, against an industry median of 26.0×. This is a position, not a valuation judgement.

How much does the V2 RETAIL LIMITED share price move in a day?

On a typical session V2 RETAIL LIMITED moves 1.45% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are V2 RETAIL LIMITED's next results?

Financial Results/Other business matters on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track V2 RETAIL LIMITED's announcements?

Every NSE and BSE filing by V2 RETAIL LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.