| 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
- ₹190.40
- Market cap
- ₹6,943 Cr
- Revenue (annual)
- ₹3,067 Cr
- Net profit (annual)
- ₹162.1 Cr
- P/E (TTM)
- 38.6×Sector 66.2×
- Promoter holding
- 51.43%+0.00% QoQ
- FII holding
- 3.69%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 Capital Structure Change
Motilal Oswal mutual fund schemes sold 39.21 lakh V2 Retail shares, cutting their holding from 6.00% to 4.92%. The disposal was executed through market transactions on November 6, 2026.
V2 Retail Partnership
V2 Retail signed a long-term exclusive partnership giving Cupid 400 sq ft across 425+ stores and future stores. Products are targeted network-wide by mid-December 2026.
- Execution
- Long-term, with supply targeted across the network by mid-December 2026
V2 Retail Earnings Call Transcript: Key Takeaways
Aggressive store expansion drove 28% revenue growth but suppressed short-term margins and same-store sales due to festive shifts.
- Call
- Guides 50% growth
V2 Retail Results Update
V2 Retail issued a press release on its unaudited Q2 and H1 FY27 results. Revenue rose 42% in H1 to ₹1,902.8 crore, with EBITDA up 50%.
V2 Retail Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹905.6 Cr (+28%), EBITDA ₹120.3 Cr (13.3% margin), PAT ₹18.2 Cr (+6%). H1 revenue ₹1,902.8 Cr (+42%), PAT ₹60.1 Cr (+43%). Store-led expansion continues.
V2 Retail Q2 FY27 Results: Net Profit ₹18.2 Cr, Up 5.8% YoY
V2 Retail Ltd reported revenue from operations of ₹905.6 Cr (+27.8% YoY) and net profit of ₹18.2 Cr (+5.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹18.2 Cr · +5.8% YoY