V2RETAIL · NSE
V2 Retail Limited
₹214.03
+1.73% (+₹3.63)
Prev. close
₹210.4
Volume
6,43,385
Delivery %
59.8%
As of
18 Sept 2026
Price history
Motilal Oswal Analysis · Motilal Oswal Financial Services · 10 Sept 2026
“Bullish on V2 Retail with a 'Buy' rating and a target price of Rs 275, indicating a 25% upside from the reference price of Rs 217. The brokerage highlights V2 Retail's focus on value-conscious consumers in tier-II and tier-III markets, strong store economics, and disciplined inventory management as drivers for long-term growth.”
Published mid-session at 10:22 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on V2 Retail with a 'Buy' rating and a target price of Rs 275, indicating a 25% upside from the reference price …” | Motilal Oswal AnalysisMotilal Oswal Financial Services | V2 Retail Ltd | PENDING | ||||
“Bullish on V2 Retail with a 'Buy' rating and a target price of Rs 275, indicating a 25% upside from the reference price of Rs 217. The brokerage highlights V2 Retail's focus on value-conscious consumers in tier-II and tier-III markets, strong store economics, and disciplined inventory management as drivers for long-term growth.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
Fundamentals
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.
Details
Sector
Consumer Cyclical
Industry
Apparel Retail
CEO
Mr. Akash Agarwal
Headquarters
Gurugram
Employees
10,561
Website
v2retail.comExchange
View on NSE ↗Key stats
Market cap
₹7,804.34 Cr
P/E ratio (TTM)
42.6
EPS (TTM)
₹5.02
Beta (1Y · daily vs NIFTY 50)
0.92
Beta (5Y · monthly vs NIFTY 50)
1.74
Shares float
16.16 Cr
EPS · quarter ended Jun 2026
₹1.15
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.3% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹538.65 Cr | ₹629.22 Cr | ₹838.88 Cr | ₹1,164.73 Cr | ₹1,884.50 Cr | ₹3,067.05 Cr | |
| EBITDA | ₹71.50 Cr | ₹80.54 Cr | ₹90.66 Cr | ₹155.31 Cr | ₹264.78 Cr | ₹493.55 Cr |
| ₹-12.84 Cr | ₹-11.68 Cr | ₹-12.82 Cr | ₹27.81 Cr | ₹72.03 Cr | ₹162.06 Cr | |
| Diluted EPS | ₹-0.38 | ₹-0.34 | ₹-0.37 | ₹0.8 | ₹2.08 | ₹4.58 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹813.10 Cr | ₹792.18 Cr | ₹794.28 Cr | ₹1,027.14 Cr | ₹1,599.07 Cr | ₹2,422.21 Cr | |
| — | ₹397.60 Cr | ₹423.74 Cr | ₹525.47 Cr | ₹871.41 Cr | ₹994.58 Cr | |
| Stockholders' equity | ₹268.69 Cr | ₹258.20 Cr | ₹246.92 Cr | ₹274.71 Cr | ₹346.30 Cr | ₹902.33 Cr |
Current assets, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹3.37 Cr | ₹58.61 Cr | ₹86.36 Cr | ₹93.42 Cr | ₹201.28 Cr | ₹-103.43 Cr | |
| Investing cash flow | ₹-20.30 Cr | ₹-15.71 Cr | ₹-12.27 Cr | ₹-39.30 Cr | ₹-130.69 Cr | ₹-218.68 Cr |
| ₹-21.64 Cr | ₹-58.29 Cr | ₹-75.70 Cr | ₹-49.60 Cr | ₹-71.24 Cr | ₹319.04 Cr | |
| Capital expenditure | ₹-27.59 Cr | ₹-16.77 Cr | ₹-13.08 Cr | ₹-39.25 Cr | ₹-134.42 Cr | ₹-231.02 Cr |
| End cash position | ₹21.93 Cr | ₹6.54 Cr | ₹4.92 Cr | ₹9.45 Cr | ₹9.01 Cr | ₹5.95 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Dec 19 | Sep 21–Mar 23(7Q) | Jun 23–Sep 23(2Q) | Dec 23–Mar 24(2Q) | Jun 24–Dec 24(3Q) | Mar 25 | Jun 25–Sep 25(2Q) | Nov 25–Jun 26(5Q) |
|---|---|---|---|---|---|---|---|---|
| Promoter | 52.37% | 53.56% | 54.26% | 54.28% | 54.30% | 54.24% | 54.22% | 51.43% |
| Public | 47.63% | 46.44% | 45.74% | 45.72% | 45.70% | 45.76% | 45.78% | 48.57% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Consumer Cyclical
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Titan Company Limited | ₹4.36 L Cr | ₹4,841 | 75.4 | 27.74 | 32.3% | 1.95 | +44.8% | +37.4% |
| Maruti Suzuki India Limited | ₹3.88 L Cr | ₹12,103 | 27.0 | 3.62 | 13.7% | 0.00 | +20.1% | -23.5% |
| Mahindra & Mahindra Limited | ₹3.69 L Cr | ₹3,076.5 | 18.7 | 3.96 | 18.4% | 1.44 | +24.1% | -15.3% |
| Bajaj Auto Limited | ₹3.18 L Cr | ₹11,500 | 27.6 | 8.20 | 27.7% | 0.58 | +22.6% | +26.6% |
| ETERNAL LIMITED | ₹2.97 L Cr | ₹326.85 | 671.6 | 9.58 | 1.2% | 0.15 | +168.6% | -3.3% |
| Eicher Motors Limited | ₹2.06 L Cr | ₹7,516 | 35.7 | 8.20 | 22.0% | 0.02 | +23.9% | +8.5% |
| TVS Motor Company Limited | ₹1.95 L Cr | ₹4,171.3 | 55.9 | 20.38 | 31.6% | 3.43 | +29.2% | +17.6% |
| Hyundai Motor India Limited | ₹1.74 L Cr | ₹2,155 | 35.7 | 8.69 | 27.1% | 0.05 | +2.1% | -17.2% |
| Samvardhana Motherson International Limited | ₹1.70 L Cr | ₹162.57 | 38.9 | 4.16 | 9.4% | 0.47 | +11.1% | +49.2% |
| Tata Motors Limited | ₹1.63 L Cr | ₹442.9 | 37.9 | 12.81 | 23.8% | 0.44 | +44.3% | — |
| Trent Limited | ₹1.49 L Cr | ₹2,824 | 82.0 | 21.29 | 24.6% | 0.37 | +17.6% | -45.1% |
| V2 Retail Limited | ₹7,804.34 Cr | ₹214.03 | 42.6 | 8.65 | 18.0% | 1.10 | +62.8% | -88.4% |
Ranked by market cap within Consumer Cyclical, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 20
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
10 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.