| Revenue growth | 63% YoY for FY26; 60% for Q4. |
|---|---|
| Margins | EBITDA margin improved to 14.9% (FY26) vs 13.7% (FY25). |
| Demand visibility | Strong; Tier 2/3 cities showing positive momentum despite global uncertainties. |
| Management confidence | High; aiming for 20-year vision to be top value retailer. |
Growth
Q4 revenue grew 60% YoY to ₹797cr; FY26 revenue up 63% to ₹3,067cr. FY26 PAT rose 125% to ₹162cr.
Outlook
Guidance of 50% revenue growth for next 2 years. Target of 170-200 new stores for FY27.
Risks
Potential impact of geopolitical tensions on commodity/yarn prices (3-4% increase) and temporary sales impact in May 2026.
Earnings Call filed with BSE, BSE: 532867. Summary written with AI assistance from the document.
V2 Retail Ltd: key numbers
- Share price
- ₹172.19
- Market cap
- ₹6,279 Cr
- Revenue (annual)
- ₹3,067 Cr
- Net profit (annual)
- ₹162.1 Cr
- P/E (TTM)
- 35.1×Sector 66.8×
- Promoter holding
- 51.43%+0.00% QoQ
- FII holding
- 3.11%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from V2 Retail Ltd
All →V2 Retail Credit Rating
India Ratings and Research has upgraded V2 Retail Limited's bank loan facilities to 'IND A'/Positive/'IND A1'. The upgrade reflects 60% year-on-year growth and store network expansion.
- Value
- ₹175.0 Cr
- total stores
- 400.0 stores
V2 Retail Earnings Call Transcript: Key Takeaways
V2 Retail delivered massive 58% revenue growth but faces a margin squeeze from raw material inflation and high inventory levels.
- Call
- Guides 50% growth
V2 Retail Management Change
V2 Retail Limited appointed Mr. Manu Agarwal and Mr. Dinesh Malpani as Presidents of Buying & Merchandising and Operations respectively. Both appointments were effective August 13, 2026.
V2 Retail Results Update
V2 Retail reported a 58% YoY revenue growth to ₹997.2 crore for Q1 FY27. Net profit surged 70% to ₹41.9 crore as the company added 56 stores.
- Value
- ₹997.2 Cr
V2 Retail Investor Presentation: Key Takeaways
V2 Retail reported strong Q1 FY27 performance with 58% YoY revenue growth and 60% EBITDA growth, driven by aggressive store expansion and operational efficiency.
V2 Retail Other Announcement
V2 Retail Limited has appointed M/s SMAM & CO., Chartered Accountants, as the company's Internal Auditors for the financial year 2026-27.
- Execution
- FY 2026-27