V2 Retail Limited share price

NSE: V2RETAIL · ISIN INE945H01021

Key numbers

Market cap
₹ 7,830 Cr
Current price
₹ 214.72
52-week high / low
₹ 259 / 172
Stock P/E
42.8
Book value
₹ 24.8
Dividend yield
0.00%
ROCE
20.0%
ROE
26.0%
Debt to equity
1.10
Sales growth (3 yrs)
54.1%
Profit growth (3 yrs)
-
1-year return
9.1%

About V2 Retail Limited

V2 Retail Limited, together with its subsidiary, V2 Smart Manufacturing Private Limited, engages in the retail trade of garments, textiles, and accessories in India. It is involved in the retail sale of ready-made garments, hosiery goods, and other articles of clothing and clothing accessories under the Godspeed, Herrlich, Glamora, Ebellia, and Honey Brats brands. The company was formerly known as Vishal Retail Ltd and changed its name to V2 Retail Limited in February 2012. V2 Retail Limited was incorporated in 2001 and is based in Gurugram, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales632709929797997
Operating profit8785174109139
Net profit25171021842
EPS (₹)0.710.492.920.501.15

Concall summary (2026-08-17)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • And the guidance for SSSG has always been 8% to 10%.
  • But I think for the whole year, we're still targeting 8% to 10% SSSG.

Growth & demand

  • We delivered an amazing 58% year -on-year revenue growth in the first quarter while maintaining healthy returns.
  • We delivered robust volume growth of 56% during the quarter.

Margins & costs

  • Gross margin stood at 28.6% compared with 29.5% in the first quarter.
  • EBITDA margin improved to 14% compared with 13.8% in the corresponding quarter last year.

Capex & expansion

  • Going forward, we will continue to invest in technology, expand our store footprint, strengthen customer engagement and improve our operating capabilities further.
  • So earlier, the capex used to be about INR1.1 crores.

Balance sheet & cash

  • Our focus on analytics-led merchandising, supply chain responsiveness, technology and operational discipline is helping us improve productivity, strengthen operating leverage and capture growth at scale.
  • Our approach to expansion remains consistent: grow the network, protect store-level economics, manage working capital prudently and keep return metrics at the center of our decision-making.

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