| Revenue growth | 58% YoY growth in Q1 FY27. |
|---|---|
| Margins | EBITDA margin improved slightly to 14.0% from 13.8% YoY. |
| Demand visibility | Strong, driven by 'neo middle class' and value-conscious consumers. |
| Management confidence | High, citing democratization of high-quality fashion. |
Growth
Revenue reached ₹997.2 Cr (+58% YoY); PAT stood at ₹41.9 Cr (+70% YoY). Volume grew 56% YoY.
Outlook
Expanding footprint with 57 new stores opened in Q1; total retail area now at 40.7 lakh sq.ft.
Risks
Sales per square foot dipped slightly to ₹886 from ₹960 YoY due to rapid new store additions.
Last quarter's promises, checked
Delivered
- Guided 50% revenue growth → delivered 58% (= BEAT)
- Guided 28%-30% Gross Margin → delivered 30.3% (= BEAT)
- Guided 170-200 store additions → delivered 136 in FY26 and 57 in Q1 FY27 (= BEAT)
Partly delivered
- Guided 8%-10% SSSG → delivered 7.74% (= PARTIAL)
Missed
- Guided 90-100 inventory days → delivered 138 days (= MISS)
Investor Presentation filed with BSE, NSE: V2RETAIL. 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 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
V2 Retail Q1 FY27 Results: Net Profit ₹41.9 Cr, Up 69.6% YoY
V2 Retail Ltd reported revenue from operations of ₹997.2 Cr (+57.7% YoY) and net profit of ₹41.9 Cr (+69.6% YoY) for Q1 FY27.
- Key figure
- Net profit ₹41.9 Cr · +69.6% YoY