MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0015411
V - Retail Limited - fashion and textile in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹336.63 Cr
▲ 1% YoY
Net loss · FY 2025
₹2.02 Cr
Net margin -0.6%
EBITDA · FY 2025
₹44.32 Cr
EBITDA margin 13.2%
Authorised capital
₹15.8 Cr
Registered with MCA
Paid-up capital
₹14 Cr
Issued & subscribed
Satisfied charges
₹70.07 Cr
No open charges
Company age
17 yrs
Est. 2009
Employees · EPFO
352
Provident fund records
About V - Retail Limited
Data last updated:
V - Retail Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Reliance Industries Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 24 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52300TG2009PLC063445. Its GSTIN is 36AACCV9907G1Z2 (Telangana). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹15.8 Cr and a paid-up capital of ₹14 Cr. It is led by directors including Sridhar Ganesh Bollam (Managing Director) and Krishnan Sudarshan.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹336.63 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹2.02 Cr (net margin -0.6%) and EBITDA of ₹44.32 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
The company has about 352 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹70.07 Cr on record. The company has 7 deals on record (5 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹28.99 Cr; the latest was in March 2023. Its 3 peer companies in the Consumer Products industry (Accessories Retail and Distribution, Footwear Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 1 smaller; the largest is Bhaane Retail Private Limited with revenue of ₹394.92 Cr.
V - Retail Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0015411). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fashioncentro.com.
Company details
CIN U52300TG2009PLC063445
Registration Number 063445
Incorporation Date 24 April 2009
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Parent Company Reliance Industries Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-02-0015411
CIN history
V - Retail has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U52300TG2009PLC063445, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52300TG2009PLC063445 | Current |
| U52300TG2009PTC063445 | Previous |
| U52300AP2009PTC063445 | Previous |
Key People
Sridhar Ganesh Bollam Managing Director Krishnan Sudarshan Director Balasubrmanian Chandrasekaran Director Recognitions & Rankings of V - Retail
Contact details
V - Retail Limited's registered office is in Hyderabad, Telangana. Its website is fashioncentro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No 50P Plot No187 To 200 Silpa Summit Gachibowli Serilingampall, Y Mandal, Hyderabad, Telangana, India – 500032
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of V - Retail Limited, buy the company report.
Comprehensive company report
V - Retail Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of V - Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of V - Retail Limited, buy the company report.
Financials of V - Retail Limited
FY 2025 filings availableV - Retail Limited reported revenue of ₹336.63 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹336.63 Cr ▲ 1%
Net loss · FY 2025
₹2.02 Cr margin -0.6%
EBITDA · FY 2025
₹44.32 Cr margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 16%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 16%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 1% growth in the latest year. EBITDA fell 24% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹44.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.02 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | -0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of V - Retail Limited, buy the company report.
Board of directors of V - Retail Limited
V - Retail has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Sudarshan Also directs: Lotus Chocolate Company Ltd., Just Dial Limited, Ema Partners India Limited and 5 more | Director | 18 Jan 2023 | 3 Years 9 Months | Current |
| Balasubrmanian Chandrasekaran Also directs: Mesindus Ventures Limited, Mayuri Kumkum Limited, Reliance Sibur Elastomers Private Limited and 2 more | Director | 18 Jan 2023 | 3 Years 9 Months | Current |
| Renuka Mukanayakanakote Chandrashekaraiah | Director | 26 Jun 2023 | 3 Years 4 Months | Current |
| Sridhar Ganesh Bollam Also directs: CC Brands LLP, Vyb Active Private Limited | Managing Director | 24 Apr 2009 | 17 Years 6 Months | Current |
| Akhilesh Prasad Also directs: Purple Panda Fashions Limited, Kalanikethan Fashions Limited, Kalanikethan Silks Limited and 5 more | Director | 21 Oct 2022 | 4 Years 0 Months | Current |
| Nikhil Chakrapani Suryanarayana Kavipurapu Also directs: Mayuri Kumkum Limited, Actoserba Active Wholesale Limited, Amante India Limited and 5 more | Director | 18 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
V - Retail Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution, Footwear Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhaane Retail Private Limited | ₹394.92 Cr (FY 2025) | 14.0% | Delhi, India | |||
| Just-In-Time Trading Private Limited | ₹364.09 Cr (FY 2025) | 39.0% | Mumbai, Maharashtra, India | |||
| V - Retail Limitedthis company | ₹336.63 Cr (FY 2025) | -₹2.02 Cr | -0.6% | 1.0% | 352 | Hyderabad, Telangana, India |
| Iconic Fashion Retailing Private Limited | ₹319.56 Cr (FY 2025) | 1.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of V - Retail Limited, buy the company report.
Auditor
V - Retail Limited is audited by Chaturvedi & Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Shah LLP | FY 2023 | 101720W/W100355 |
Shareholding
The shareholding of V - Retail Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V - Retail Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹70.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2022 | 100538816 | Hdfc Bank Limited | ₹4 Cr | Satisfied | |
| 24 Dec 2021 | 100525331 | Hdfc Bank Limited | ₹60.75 Lakh | Satisfied | |
| 22 Jun 2019 | 100281050 | Yes Bank Limited | ₹10 Cr | Satisfied | |
| 27 Nov 2017 | 100136412 | Others | ₹2.5 Cr | Satisfied | |
| 19 Jun 2017 | 100113090 | Hdfc Bank Limited | ₹23.28 Cr | Satisfied |
To see the full charge records of V - Retail Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
V - Retail Limited has 7 deals on record (5 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹28.99 Cr; the latest was in March 2023.
Total deals
7
Funding rounds
5
Rights issue
1
Acquisition
1
Disclosed funding
₹28.99 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Acquisition | ₹327 Cr | Buyer: Reliance Retail Ventures Limited Seller: VR Brands LLP , 3 individuals |
| Jul 2019 | Rights issue | ₹3 Cr | Investors: VR Brands LLP |
| Mar 2019 | Funding round | ₹2 Cr | Investors: VR Brands LLP |
| Mar 2018 | Funding round | ₹20 Cr | Investors: VR Brands LLP |
| Mar 2017 | Funding round | ₹2 Cr | Investors: 2 individuals |
To see the full deal history of V - Retail Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving V - Retail Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V - Retail Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
V - Retail Limited has a workforce of 352 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
352
Active EPFO establishments
2
Employee growth
-12.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 352 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of V - Retail Limited, buy the company report.
GST
V - Retail has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCV9907G1Z2 | Telangana | Active | 01 Jul 2017 |
| 36AACCV9907G2Z1 | Telangana | Active | 01 Jan 2023 |
| 29AACCV9907G1ZX | Karnataka | Active | 01 Jul 2017 |
| 37AACCV9907G1Z0 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V - Retail Limited, buy the company report.
Recent activity
V - Retail Limited has 22 board changes on record since 2009: 6 appointments and 16 cessations. The latest: Mohan Divya ceased to be Company Secretary on 29 Sep 2023.
AGM
V - Retail Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Filing
V - Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Mohan Divya ceased to be Company Secretary.
Ceased
Akhilesh Prasad ceased to be Additional Director.
Ceased
Balasubrmanian Chandrasekaran ceased to be Additional Director.
Ceased
Krishnan Sudarshan ceased to be Additional Director.
Ceased
Nikhil Chakrapani Suryanarayana Kavipurapu ceased to be Additional Director.
Ceased
Renuka Mukanayakanakote Chandrashekaraiah ceased to be Additional Director.
Appointed
Renuka Mukanayakanakote Chandrashekaraiah was appointed as Director.
Appointed
Nikhil Chakrapani Suryanarayana Kavipurapu was appointed as Director.
Ceased
Dinesh Taluja ceased to be Additional Director.
Charges
A charge registered on 31 Jan 2022 via Charge ID 100538816 with Hdfc Bank Limited was fully satisfied on 23 Feb 2023.
43 earlier events are in the company report.
Frequently asked questions
V - Retail is an active public limited company based in Hyderabad, Telangana, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 24 April 2009 (17+ years old) and is registered under CIN U52300TG2009PLC063445.
V - Retail has 6 current directors:
- Sridhar Ganesh Bollam - Managing Director
- Krishnan Sudarshan - Director
- Balasubrmanian Chandrasekaran - Director
- Renuka Mukanayakanakote Chandrashekaraiah - Director
- Akhilesh Prasad - Director
- Nikhil Chakrapani Suryanarayana Kavipurapu - Director
The latest financial statements of V - Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of V - Retail is 36AACCV9907G1Z2, registered in Telangana. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 36AACCV9907G2Z1 (Telangana), 29AACCV9907G1ZX (Karnataka), 37AACCV9907G1Z0 (Andhra Pradesh).
The CIN (Corporate Identification Number) of V - Retail is U52300TG2009PLC063445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V - Retail was incorporated on 24 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
V - Retail has 7 deals on record (5 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹28.99 Cr; the latest was in March 2023.
The peers of V - Retail by revenue are Bhaane Retail Private Limited, Just-In-Time Trading Private Limited, Iconic Fashion Retailing Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution, Footwear Retail and Distribution), with the same principal business activity (retail trading).
Mohan Divya ceased to be Company Secretary on 29 Sep 2023. Akhilesh Prasad ceased to be Additional Director on 17 Sep 2023. Balasubrmanian Chandrasekaran ceased to be Additional Director on 17 Sep 2023. V - Retail has 22 board changes on record in total.
Yes, V - Retail is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0015411).
V - Retail can be reached through the website fashioncentro.com. Its registered office is in Hyderabad, Telangana, India.
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