V2 RETAIL LIMITED (V2RETAIL) financials

V2 RETAIL LIMITED (V2RETAIL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Company primarily operates in Tier-II andTier-III cities, with a chain of “V2 Retail” stores offering apparel and general merchandise,catering to the entire family.[1]

Market Cap: ₹6,222Cr.
Current Price: ₹171
Stock P/E: 38.0
ROE: 23.7%
ROCE: 19.5%
Book Value: ₹24.8
Dividend Yield: 0.00%
52W High / Low: ₹259/149

In Jun 2026, V2 RETAIL LIMITED (V2RETAIL) reported sales ₹997 Cr and net profit ₹42 Cr.

Annual TTM: sales ₹3,428 Cr, net profit ₹177 Cr.

Shareholding: Promoters 51.43% (Sep 2026), FIIs 3.69% (Sep 2026), DIIs 12.25% (Sep 2026), Public 32.65% (Sep 2026), No. of Shareholders 65,411% (Sep 2026).

V2RETAIL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	380	591	499	630	705	927	798	997
Expenses	349	480	441	539	619	750	685	858
Operating Profit	31	111	57	90	86	177	113	140
OPM %	8%	19%	11%	14%	12%	19%	14%	14%
Other Income	2	0	1	1	0	26	0	1
Interest	15	18	21	22	28	22	24	25
Depreciation	22	26	27	32	37	45	67	64
Profit before tax	-3	68	10	37	21	135	22	52
Tax %	-21%	25%	36%	25%	14%	27%	18%	19%
Net Profit	-3	51	7	28	18	99	18	42
EPS in Rs	-0.07	1.47	0.19	0.80	0.52	2.72	0.50	1.15
Raw PDF	—	—	—	—	—	—	—	—

V2RETAIL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	701	538	629	839	1,165	1,884	3,060	3,428
Expenses	623	487	566	759	1,021	1,630	2,585	2,913
Operating Profit	79	50	63	80	144	254	475	515
OPM %	11%	9%	10%	10%	12%	13%	16%	15%
Other Income	15	22	16	6	7	5	21	27
Interest	32	32	38	41	47	68	100	99
Depreciation	50	54	57	64	73	95	181	213
Profit before tax	10	-13	-16	-19	31	97	216	230
Tax %	3%	-16%	-21%	-23%	11%	27%	24%	—
Net Profit	10	-11	-13	-14	27	71	163	177
EPS in Rs	0.30	-0.32	-0.38	-0.42	0.79	2.05	4.48	4.89
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

V2RETAIL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	34	34	34	34	34	35	35	36
Reserves	261	246	238	226	213	240	310	866
Borrowings	11	311	388	384	410	502	861	995
Other Liabilities	158	116	133	128	108	189	372	525
Total Liabilities	464	707	793	772	765	966	1,577	2,422
Fixed Assets	100	330	382	375	389	449	842	968
CWIP	4	4	5	0	0	0	4	36
Investments	0	15	15	15	15	15	15	5
Other Assets	360	359	391	382	361	502	716	1,412
Total Assets	464	707	793	772	765	966	1,577	2,422

V2RETAIL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-48	94	-15	61	80	85	191	-96
Cash from Investing Activity	41	-5	-16	-12	-9	-29	-128	-231
Cash from Financing Activity	11	-37	-14	-59	-75	-52	-62	325
Net Cash Flow	4	52	-45	-9	-4	4	1	-2
Free Cash Flow	-99	87	-38	50	70	57	63	-328
CFO/OP	-101%	120%	-30%	96%	98%	59%	85%	-9%

V2RETAIL shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	54.30%	54.24%	54.22%	54.22%	51.43%	51.43%	51.43%	51.43%
FIIs	0.91%	1.31%	1.90%	2.10%	3.01%	2.62%	3.11%	3.69%
DIIs	5.98%	6.70%	7.35%	7.12%	9.12%	9.28%	10.65%	12.25%
Public	38.82%	37.75%	36.53%	36.56%	36.45%	36.67%	34.82%	32.65%
No. of Shareholders	26,877	35,125	37,446	39,938	42,869	45,025	52,967	65,411

V2RETAIL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	0	7	0	1	0	0	0	0
Inventory Days	195	142	255	221	151	155	140	195
Days Payable	100	75	113	93	57	69	85	79
Cash Conversion Cycle	95	73	143	130	94	87	56	116
Working Capital Days	77	39	75	67	50	43	19	47
ROCE %	13%	7%	3%	3%	3%	11%	17%	20%

V2RETAILUpdated 15 Oct 2026, 6:15

V2 Retail Limited

V2RETAILUpdated 15 Oct 2026, 6:15

Market Cap

₹6,222Cr.

Current Price

₹171

High / Low

₹259/149

Stock P/E

38.0

ROE23.7%

ROCE19.5%

Book Value₹24.8

Face Value₹1.00

Dividend Yield0.00%

About

Company primarily operates in Tier-II andTier-III cities, with a chain of “V2 Retail” stores offering apparel and general merchandise,catering to the entire family.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	264	10	231	1	17	7	25	5	0.14
Sep 2023	231	12	213	2	17	-8	-33	-6	-0.16
Dec 2023	374	11	313	3	20	32	25	24	0.7
Mar 2024	296	12	266	1	18	0	-1073	4	0.11
Jun 2024	415	13	362	1	20	21	25	16	0.46
Sep 2024	380	15	349	2	22	-3	-21	-3	-0.07
Dec 2024	591	18	480	0	26	68	25	51	1.47
Mar 2025	499	21	441	1	27	10	36	7	0.19
Jun 2025	630	22	539	1	32	37	25	28	0.8
Sep 2025	705	28	619	0	37	21	14	18	0.52
Dec 2025	927	22	750	26	45	135	27	99	2.72
Mar 2026	798	24	685	0	67	22	18	18	0.5
Jun 2026	997	25	858	1	64	52	19	42	1.15

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	287	10	258	3	2	18	47	10	0.41
Mar 2016	334	14	302	6	4	20	40	12	0.49
Mar 2017	472	10	429	25	6	52	24	39	1.26
Mar 2018	559	3	506	3	8	46	32	31	0.92
Mar 2019	748	3	699	-17	14	15	-36	20	0.6
Mar 2020	701	32	623	15	50	10	3	10	0.3
Mar 2021	538	32	487	22	54	-13	-16	-11	-0.32
Mar 2022	629	38	566	16	57	-16	-21	-13	-0.38
Mar 2023	839	41	759	6	64	-19	-23	-14	-0.42
Mar 2024	1165	47	1021	7	73	31	11	27	0.79
Mar 2025	1884	68	1630	5	95	97	27	71	2.05
Mar 2026	3060	100	2585	21	181	216	24	163	4.48
TTM	3428	99	2913	27	213	230	—	177	4.89

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	51.43%
FIIs	3.69%
DIIs	12.25%
Public	32.65%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	54.28%	6.36%	0.37%	—	38.99%
Mar 2024	54.28%	6.57%	0.36%	—	38.8%
Jun 2024	54.3%	6.69%	0.43%	—	38.6%
Sep 2024	54.3%	0.8%	4.34%	—	40.57%
Dec 2024	54.3%	0.91%	5.98%	—	38.82%
Mar 2025	54.24%	1.31%	6.7%	—	37.75%
Jun 2025	54.22%	1.9%	7.35%	—	36.53%
Sep 2025	54.22%	2.1%	7.12%	—	36.56%
Dec 2025	51.43%	3.01%	9.12%	—	36.45%
Mar 2026	51.43%	2.62%	9.28%	—	36.67%
Jun 2026	51.43%	3.11%	10.65%	—	34.82%
Sep 2026	51.43%	3.69%	12.25%	—	32.65%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	24	251	69	61	405	18	1	30	355	405
Mar 2016	25	271	98	55	449	29	4	25	391	449
Mar 2017	31	127	9	73	240	51	4	0	185	240
Mar 2018	34	240	0	115	389	63	7	90	231	389
Mar 2019	34	261	11	158	464	100	4	0	360	464
Mar 2020	34	246	311	116	707	330	4	15	359	707
Mar 2021	34	238	388	133	793	382	5	15	391	793
Mar 2022	34	226	384	128	772	375	0	15	382	772
Mar 2023	34	213	410	108	765	389	0	15	361	765
Mar 2024	35	240	502	189	966	449	0	15	502	966
Mar 2025	35	310	861	372	1577	842	4	15	716	1577
Mar 2026	36	866	995	525	2422	968	36	5	1412	2422

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	36	-6	-30	-1
Mar 2016	-15	-9	26	2
Mar 2017	-1	-12	16	3
Mar 2018	27	-110	81	-1
Mar 2019	-48	41	11	4
Mar 2020	94	-5	-37	52
Mar 2021	-15	-16	-14	-45
Mar 2022	61	-12	-59	-9
Mar 2023	80	-9	-75	-4
Mar 2024	85	-29	-52	4
Mar 2025	191	-128	-62	1
Mar 2026	-96	-231	325	-2

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	0	0	0	0	0	7	0	1	0	0	0	0
Inventory Days	141	177	126	154	195	142	255	221	151	155	140	195
Days Payable	60	61	71	97	100	75	113	93	57	69	85	79
Cash Conversion Cycle	81	116	54	58	95	73	143	130	94	87	56	116
Working Capital Days	-27	-28	42	56	77	39	75	67	50	43	19	47
ROCE %	8%	8%	14%	21%	13%	7%	3%	3%	3%	11%	17%	20%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of V2 RETAIL LIMITED (V2RETAIL)?

The reported market capitalisation for V2 RETAIL LIMITED (V2RETAIL) is ₹6,222Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of V2RETAIL?

The current price shown for V2 RETAIL LIMITED (V2RETAIL) on Fincrux is ₹171 with a 52-week high/low of ₹259/149.

What is the P/E ratio of V2 RETAIL LIMITED (V2RETAIL)?

The stock P/E for V2 RETAIL LIMITED (V2RETAIL) is 38.0 on Fincrux, with ROE at 23.7% and ROCE at 19.5%.

What were V2RETAIL latest quarterly results?

For Jun 2026, V2 RETAIL LIMITED (V2RETAIL) reported sales ₹997 Cr and net profit ₹42 Cr (figures in ₹ crore unless noted).

What are V2RETAIL annual sales and net profit?

For TTM, V2 RETAIL LIMITED (V2RETAIL) shows sales of ₹3,428 Cr and net profit of ₹177 Cr on the Fincrux profit & loss statement.

Who owns V2 RETAIL LIMITED (V2RETAIL)?

Latest shareholding for V2 RETAIL LIMITED (V2RETAIL) on Fincrux: Promoters 51.43% (Sep 2026), FIIs 3.69% (Sep 2026), DIIs 12.25% (Sep 2026), Public 32.65% (Sep 2026), No. of Shareholders 65,411% (Sep 2026).

Where can I find V2 RETAIL LIMITED (V2RETAIL) financials?

V2 RETAIL LIMITED (V2RETAIL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show V2RETAIL balance sheet and cash flow?

Yes. The V2 RETAIL LIMITED (V2RETAIL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 15 October 2026 at 6:15