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Earnings Call

V2 Retail Earnings Call: Key Takeaways

V2 Retail reported robust FY26 performance with revenue growing 63% and PAT surging 125%. The company continues its aggressive store expansion strategy in Tier-II and Tier-III cities.

Why this was an Alfa AlertPrimary metric Revenue FY26 beat guidance: Previous FY25 was ₹1,884cr, FY26 delivered ₹3,067cr, representing a 63% YoY growth rate.
Highlights
Revenue growth63% YoY for FY26; 60% YoY for Q4FY26.
MarginsEBIDTA margin improved from 13.7% to 14.9% YoY.
Demand visibilityStrong volume growth at 47% YoY for FY26.
Management confidenceHigh; aggressive store expansion and inventory building.

Growth

FY26 Revenue: ₹3,067.1 Cr (+63% YoY); PAT: ₹162.1 Cr (+125% YoY). Q4FY26 Revenue grew 60% YoY.

Outlook

Network reached 325 stores by FY26. Management focused on profitable growth through high-quality, affordable fashion.

Risks

Net Working Capital days increased to 81 days from 45 due to high inventory for planned expansion.

Source

Earnings Call filed with BSE, NSE: V2RETAIL. Summary written with AI assistance from the document.

Read the document ↗

V2 Retail Ltd: key numbers

Share price
₹214.72
Market cap
₹7,830 Cr
Revenue (annual)
₹3,067 Cr
Net profit (annual)
₹162.1 Cr
P/E (TTM)
43.8×Sector 67.6×
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

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13:25 IST BSE
Credit Rating

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
14:13 IST BSE
Financial Results

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
09:08 IST BSE
Earnings Call

V2 Retail Earnings Call: Key Takeaways

V2 Retail delivered explosive growth in Q4 FY26 with 60% revenue growth and a record PAT of ₹17.5cr, driven by aggressive store expansion and strong operational discipline.

11:33 IST NSE
Earnings Call

V2 Retail Earnings Call: Key Takeaways

V2 Retail delivered explosive growth with 60% YoY revenue increase, driven by aggressive store expansion and robust full-price sales.