About V2 Retail Limited
Data last updated: 14 July 2026
V2 Retail Limited is a public limited company based in New Delhi, Delhi, India. It specialises in fashion retail, a part of the broader fashion and textiles sector. Incorporated on 23 July 2001, the company has been in operation for over 25 years.
Registered with ROC Delhi under CIN L74999DL2001PLC147724. Listed on BSE: 532867 and NSE: V2RETAIL.
Capital: an authorised share capital of ₹45.84 Cr and a paid-up capital of ₹36.46 Cr. Formerly known as Vishal Retail Limited and Vishal Retail Private Limited. It is led by directors including Uma Agarwal and Akash Agarwal.
Last AGM: 05 September 2025. Financial statements filed for year ended 31 March 2025. Office: Khasra No. 928 Extended Lal Dora Abadi Village Kapashera Tehsil Vasant Vihar, New Delhi, Delhi, India – 110037.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹3,067.05 Cr, a growth of 62.75% compared to the previous year. The net worth stands at ₹902.33 Cr (up 160.57% YoY). Total assets are valued at ₹2,422.21 Cr (up 48.75% YoY).
The company has a workforce of approximately 2,742 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - V2-Retail. As per MCA filings, the company has open charges of ₹156.33 Cr and satisfied charges of ₹1,021.92 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website v2retail.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered AddressKhasra No. 928 Extended Lal Dora Abadi Village Kapashera Tehsil Vasant Vihar, New Delhi, Delhi, India – 110037
-
IndustryFashion and Textile, Fashion Retail
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of V2 Retail Limited
V2 Retail Limited has undergone 2 name changes throughout its history. The company was previously known as Vishal Retail Limited, and Vishal Retail Private Limited. The current legal name is V2 Retail Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| V2 Retail Limited | Current |
| Vishal Retail Limited | Previous |
| Vishal Retail Private Limited | Previous |
CIN History of V2 Retail Limited
V2 Retail Limited has one previous CIN (Corporate Identification Number): U74999DL2001PLC147724. The current CIN is L74999DL2001PLC147724, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999DL2001PLC147724 | Current |
| U74999DL2001PLC147724 | Previous |
Associated Brands with V2 Retail Limited
V2 Retail Limited operates one associated brand: V2-Retail. These brands represent V2 Retail Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| A chain of apparel stores is operated in India. | v2retail.com |
Business Activity of V2 Retail Limited
V2 Retail Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for V2 Retail Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of V2 Retail Limited
V2 Retail Limited is audited by Singhi & Co. (ICAI peer reviewed, certificate valid till 2028-08-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Singhi & Co. (ICAI peer reviewed, certificate valid till 2028-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of V2 Retail Limited
V2 Retail Limited is currently managed by 6 directors, with 31 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Uma Agarwal
Also directs:
V2 Retail Limited, Ricon Commodities Pvt.Ltd., Vishal Waterworld Private Limited and 1 more
|
Whole-Time Director | 23 Jul 2001 | 25 Years 0 Months | Current |
|
Akash Agarwal
Also directs:
V2 Retail Limited, V2 Smart Manufacturing Private Limited, V2 Conglomerate Limited and 3 more
|
Whole-Time Director | 29 Sep 2017 | 8 Years 10 Months | Current |
|
Arun Kumar Roopanwal
Also directs:
V2 Retail Limited
|
Director | 27 Jan 2020 | 6 Years 6 Months | Current |
|
Ram Chandra Agarwal
Also directs:
V2 Retail Limited, V2 Smart Manufacturing Private Limited, Ricon Commodities Pvt.Ltd. and 2 more
|
Managing Director | 23 Jul 2001 | 25 Years 0 Months | Current |
|
Archana Surendra Yadav
Also directs:
V2 Retail Limited, V2 Smart Manufacturing Private Limited, Lyka Labs Limited and 2 more
|
Director | 27 Jan 2020 | 6 Years 6 Months | Current |
| Srinivas Anand Mannava | Director | 10 Feb 2023 | 3 Years 6 Months | Current |
Financials of V2 Retail Limited FY 2026 filings available
V2 Retail Limited reported revenue of ₹3,067.05 Cr (up 62.75% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹3,067.05 Cr | ₹1,884.5 Cr | ₹1,164.73 Cr | ₹838.88 Cr | ₹629.22 Cr | ₹538.65 Cr | ₹701.23 Cr |
| Other Income | ₹10.36 Cr | ₹6.96 Cr | ₹7.49 Cr | ₹6.67 Cr | ₹15.89 Cr | ₹22.97 Cr | ₹2.48 Cr |
| Total Income | ₹3,077.42 Cr | ₹1,891.46 Cr | ₹1,172.22 Cr | ₹845.55 Cr | ₹645.11 Cr | ₹561.61 Cr | ₹703.7 Cr |
| Cost of Materials Consumed | ₹31.78 Cr | ₹98.96 Cr | ₹118.29 Cr | ₹53.84 Cr | ₹25.27 Cr | ₹18.02 Cr | ₹0 |
| Purchases of Stock-in-Trade | ₹2,709.81 Cr | ₹1,332.58 Cr | ₹777.46 Cr | ₹481.37 Cr | ₹390.9 Cr | ₹444.65 Cr | ₹449.15 Cr |
| Changes in Inventories | -₹604.86 Cr | -₹146.27 Cr | -₹128.96 Cr | ₹18.17 Cr | ₹11.5 Cr | -₹86.77 Cr | ₹55.85 Cr |
| Employee Benefit Expense | ₹243.77 Cr | ₹159.2 Cr | ₹105.48 Cr | ₹88.61 Cr | ₹63 Cr | ₹50.68 Cr | ₹62.93 Cr |
| Finance Costs | ₹96.75 Cr | ₹67.91 Cr | ₹47.22 Cr | ₹40.55 Cr | ₹36.57 Cr | ₹31.28 Cr | ₹30.25 Cr |
| Depreciation & Amortisation | ₹182.2 Cr | ₹98.65 Cr | ₹76.71 Cr | ₹67.05 Cr | ₹58.83 Cr | ₹55.51 Cr | ₹50.98 Cr |
| Other Expenses | ₹231.06 Cr | ₹182.21 Cr | ₹144.64 Cr | ₹112.91 Cr | ₹73.9 Cr | ₹63.53 Cr | ₹58.42 Cr |
| Total Expenses | ₹2,890.5 Cr | ₹1,793.24 Cr | ₹1,140.84 Cr | ₹862.5 Cr | ₹659.97 Cr | ₹576.9 Cr | ₹707.58 Cr |
| Profit Before Exceptional Items & Tax | ₹186.91 Cr | ₹98.22 Cr | ₹31.37 Cr | -₹16.95 Cr | -₹14.86 Cr | -₹15.29 Cr | -₹3.87 Cr |
| Exceptional Items | ₹27.69 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹12.55 Cr |
| Profit Before Tax | ₹214.6 Cr | ₹98.22 Cr | ₹31.37 Cr | -₹16.95 Cr | -₹14.86 Cr | -₹15.29 Cr | ₹8.67 Cr |
| Total Tax Expense | ₹52.54 Cr | ₹26.19 Cr | ₹3.56 Cr | -₹4.14 Cr | -₹3.18 Cr | -₹2.45 Cr | -₹11.07 Lakh |
| Net Profit | ₹162.06 Cr | ₹72.03 Cr | ₹27.81 Cr | -₹12.82 Cr | -₹11.68 Cr | -₹12.84 Cr | ₹8.78 Cr |
| attributable to Owners | - | - | ₹27.81 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| attributable to NCI | - | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹29.15 Lakh | -₹44.92 Lakh | -₹27.08 Lakh | -₹18.12 Lakh | -₹39.52 Lakh | -₹1.18 Lakh | -₹51.39 Lakh |
| Total Comprehensive Income | ₹161.77 Cr | ₹71.58 Cr | ₹27.54 Cr | -₹13 Cr | -₹12.07 Cr | -₹12.85 Cr | ₹8.27 Cr |
| EBITDA (computed) | ₹465.86 Cr | ₹264.78 Cr | ₹155.31 Cr | ₹90.66 Cr | ₹80.54 Cr | ₹71.5 Cr | ₹77.35 Cr |
| Basic EPS | ₹4.58 | ₹20.83 | ₹8.04 | ₹-3.73 | ₹-3.40 | ₹-3.77 | ₹2.57 |
| Diluted EPS | ₹4.58 | ₹20.83 | ₹8.04 | ₹-3.73 | ₹-3.39 | ₹-3.76 | ₹2.57 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,422.21 Cr | ₹1,628.36 Cr | ₹1,027.14 Cr | ₹794.28 Cr |
| Non-current Assets | ₹1,102.15 Cr | ₹941.97 Cr | ₹540.7 Cr | ₹467.41 Cr |
| Current Assets | ₹1,320.06 Cr | ₹686.39 Cr | ₹486.44 Cr | ₹326.88 Cr |
| Property, Plant & Equipment | ₹309.67 Cr | ₹210.09 Cr | ₹116.08 Cr | ₹98.6 Cr |
| Inventories | ₹1,141.77 Cr | ₹558.24 Cr | ₹418.87 Cr | ₹278.88 Cr |
| Trade Receivables | ₹1.58 Cr | ₹9.65 Lakh | ₹5.54 Lakh | ₹6.7 Lakh |
| Cash & Equivalents | ₹5.95 Cr | ₹9.01 Cr | ₹9.45 Cr | ₹4.92 Cr |
| Equity (Net Worth) | ₹902.33 Cr | ₹346.3 Cr | ₹274.71 Cr | ₹246.92 Cr |
| Equity Share Capital | ₹36.46 Cr | ₹34.59 Cr | ₹34.59 Cr | ₹34.39 Cr |
| Borrowings (Non-current) | ₹24.12 Cr | ₹18.92 Cr | ₹17.3 Cr | ₹7.22 Cr |
| Borrowings (Current) | ₹229.78 Cr | ₹96.66 Cr | ₹73.55 Cr | ₹46.48 Cr |
| Total Debt (computed) | ₹253.9 Cr | ₹115.58 Cr | ₹90.84 Cr | ₹53.7 Cr |
| Current Liabilities | ₹913.93 Cr | ₹558.25 Cr | ₹340.09 Cr | ₹205.21 Cr |
| Total Liabilities | ₹1,519.88 Cr | ₹1,282.06 Cr | ₹752.43 Cr | ₹547.36 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹103.43 Cr | ₹222.95 Cr | ₹93.42 Cr | ₹86.36 Cr | ₹58.61 Cr |
| Investing Cash Flow | -₹218.68 Cr | -₹130.69 Cr | -₹39.3 Cr | -₹12.27 Cr | -₹15.71 Cr |
| Financing Cash Flow | ₹319.04 Cr | -₹92.7 Cr | -₹49.6 Cr | -₹75.7 Cr | -₹58.29 Cr |
| Capital Expenditure | ₹230.85 Cr | ₹134.35 Cr | ₹39.25 Cr | ₹11.98 Cr | ₹16.08 Cr |
| Free Cash Flow (computed) | -₹334.28 Cr | ₹88.6 Cr | ₹54.18 Cr | ₹74.38 Cr | ₹42.53 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹3.06 Cr | -₹43.45 Lakh | ₹4.53 Cr | -₹1.62 Cr | ₹6.54 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹797.02 Cr | ₹929.18 Cr | ₹1,340.85 Cr | ₹632.22 Cr | ₹498.51 Cr | ₹590.94 Cr | ₹380.01 Cr | ₹415.03 Cr | ₹296.04 Cr | ₹373.76 Cr | ₹231.32 Cr | ₹263.61 Cr |
| Other Income | ₹4.08 Cr | ₹4.28 Cr | ₹2 Cr | ₹91.94 Lakh | ₹1.86 Cr | ₹1.19 Cr | ₹2.51 Cr | ₹1.39 Cr | ₹94.2 Lakh | ₹3.03 Cr | ₹2.13 Cr | ₹1.39 Cr |
| Total Income | ₹801.1 Cr | ₹933.46 Cr | ₹1,342.86 Cr | ₹633.14 Cr | ₹500.38 Cr | ₹592.13 Cr | ₹382.52 Cr | ₹416.43 Cr | ₹296.98 Cr | ₹376.79 Cr | ₹233.45 Cr | ₹265 Cr |
| Cost of Materials Consumed | ₹8.93 Cr | ₹5.86 Cr | ₹16.99 Cr | ₹11.12 Cr | ₹6.22 Cr | ₹30.68 Cr | ₹28.14 Cr | ₹33.91 Cr | ₹34.31 Cr | ₹26.82 Cr | ₹35.23 Cr | ₹21.94 Cr |
| Purchases of Stock-in-Trade | ₹855.4 Cr | ₹639.14 Cr | ₹1,215.27 Cr | ₹524.65 Cr | ₹411.66 Cr | ₹348.75 Cr | ₹316.6 Cr | ₹255.57 Cr | ₹261.58 Cr | ₹201.94 Cr | ₹171.38 Cr | ₹142.57 Cr |
| Changes in Inventories | -₹308.93 Cr | -₹17.6 Cr | -₹278.33 Cr | -₹90.76 Cr | -₹60.45 Cr | ₹9.02 Cr | -₹85.5 Cr | -₹9.34 Cr | -₹95.52 Cr | ₹14.31 Cr | -₹55.26 Cr | ₹7.49 Cr |
| Employee Benefit Expense | ₹72.72 Cr | ₹60.94 Cr | ₹110.11 Cr | ₹52.62 Cr | ₹42.29 Cr | ₹42.26 Cr | ₹39.02 Cr | ₹35.62 Cr | ₹29.48 Cr | ₹29.71 Cr | ₹23.29 Cr | ₹22.99 Cr |
| Finance Costs | ₹24.03 Cr | ₹21.96 Cr | ₹50.76 Cr | ₹22.77 Cr | ₹21.4 Cr | ₹17.83 Cr | ₹14.97 Cr | ₹13.71 Cr | ₹12.83 Cr | ₹11.7 Cr | ₹12.25 Cr | ₹10.44 Cr |
| Depreciation & Amortisation | ₹66.78 Cr | ₹45.74 Cr | ₹69.67 Cr | ₹32.09 Cr | ₹27.94 Cr | ₹26.32 Cr | ₹23.03 Cr | ₹21.37 Cr | ₹19.47 Cr | ₹20.86 Cr | ₹18.24 Cr | ₹18.15 Cr |
| Other Expenses | ₹59.78 Cr | ₹67.14 Cr | ₹104.14 Cr | ₹47.35 Cr | ₹40.96 Cr | ₹48.74 Cr | ₹48.69 Cr | ₹43.81 Cr | ₹34.79 Cr | ₹40.05 Cr | ₹36.78 Cr | ₹33.04 Cr |
| Total Expenses | ₹778.72 Cr | ₹823.17 Cr | ₹1,288.61 Cr | ₹599.84 Cr | ₹490.03 Cr | ₹523.6 Cr | ₹384.95 Cr | ₹394.66 Cr | ₹296.93 Cr | ₹345.38 Cr | ₹241.93 Cr | ₹256.61 Cr |
| Profit Before Exceptional Items & Tax | ₹22.38 Cr | ₹110.29 Cr | ₹54.24 Cr | ₹33.29 Cr | ₹10.35 Cr | ₹68.53 Cr | -₹2.43 Cr | ₹21.77 Cr | ₹4.86 Lakh | ₹31.41 Cr | -₹8.48 Cr | ₹8.38 Cr |
| Exceptional Items | ₹0 | ₹27.69 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹22.38 Cr | ₹137.98 Cr | ₹54.24 Cr | ₹33.29 Cr | ₹10.35 Cr | ₹68.53 Cr | -₹2.43 Cr | ₹21.77 Cr | ₹4.86 Lakh | ₹31.41 Cr | -₹8.48 Cr | ₹8.38 Cr |
| Total Tax Expense | ₹4.88 Cr | ₹35.91 Cr | ₹12.35 Cr | ₹8.63 Cr | ₹3.91 Cr | ₹17.34 Cr | -₹49.29 Lakh | ₹5.43 Cr | -₹3.55 Cr | ₹7.84 Cr | -₹2.78 Cr | ₹2.14 Cr |
| Net Profit | ₹17.51 Cr | ₹102.07 Cr | ₹41.89 Cr | ₹24.66 Cr | ₹6.44 Cr | ₹51.19 Cr | -₹1.93 Cr | ₹16.34 Cr | ₹3.6 Cr | ₹23.57 Cr | -₹5.7 Cr | ₹6.24 Cr |
| attributable to Owners | - | ₹102.07 Cr | ₹41.89 Cr | ₹24.66 Cr | - | - | -₹1.93 Cr | ₹16.34 Cr | ₹3.6 Cr | ₹23.57 Cr | ₹0 | - |
| attributable to NCI | - | ₹0 | ₹0 | ₹0 | - | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - |
| Other Comprehensive Income | ₹13.55 Lakh | ₹87.28 Lakh | -₹1.3 Cr | -₹45.76 Lakh | -₹1.14 Lakh | ₹60,000 | -₹29.39 Lakh | -₹14.99 Lakh | ₹68,000 | -₹3 Lakh | ₹56,000 | -₹25.33 Lakh |
| Total Comprehensive Income | ₹17.64 Cr | ₹102.94 Cr | ₹40.59 Cr | ₹24.21 Cr | ₹6.42 Cr | ₹51.2 Cr | -₹2.23 Cr | ₹16.19 Cr | ₹3.61 Cr | ₹23.54 Cr | -₹5.69 Cr | ₹5.99 Cr |
| EBITDA (computed) | ₹113.2 Cr | ₹177.99 Cr | ₹174.67 Cr | ₹88.16 Cr | ₹59.68 Cr | ₹112.68 Cr | ₹35.57 Cr | ₹56.85 Cr | ₹32.35 Cr | ₹63.96 Cr | ₹22.01 Cr | ₹36.97 Cr |
| Basic EPS | ₹0.50 | ₹29.17 | ₹12.05 | ₹7.13 | ₹1.86 | ₹14.80 | ₹-0.56 | ₹4.72 | ₹1.04 | ₹6.82 | ₹-1.64 | ₹1.81 |
| Diluted EPS | ₹0.50 | ₹29.17 | ₹12.05 | ₹7.13 | ₹1.86 | ₹14.80 | ₹-0.56 | ₹4.72 | ₹1.04 | ₹6.82 | ₹-1.64 | ₹1.81 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹3,060.03 Cr | ₹1,884.5 Cr | ₹1,164.73 Cr | ₹838.88 Cr | ₹629.22 Cr | ₹538.65 Cr | ₹701.22 Cr |
| Other Income | ₹8.9 Cr | ₹5.37 Cr | ₹6.87 Cr | ₹6.15 Cr | ₹15.58 Cr | ₹22.16 Cr | ₹2.27 Cr |
| Total Income | ₹3,068.93 Cr | ₹1,889.87 Cr | ₹1,171.6 Cr | ₹845.03 Cr | ₹644.81 Cr | ₹560.81 Cr | ₹703.49 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹2,746.65 Cr | ₹1,533.1 Cr | ₹958.57 Cr | ₹575.35 Cr | ₹442.13 Cr | ₹449.7 Cr | ₹430.38 Cr |
| Changes in Inventories | -₹612.12 Cr | -₹166.18 Cr | -₹113.5 Cr | ₹20.16 Cr | -₹1.47 Cr | -₹69.39 Cr | ₹74.88 Cr |
| Employee Benefit Expense | ₹239.82 Cr | ₹138.14 Cr | ₹92.65 Cr | ₹81.68 Cr | ₹57.61 Cr | ₹47.68 Cr | ₹62.31 Cr |
| Finance Costs | ₹96.23 Cr | ₹66.23 Cr | ₹46.12 Cr | ₹39.88 Cr | ₹36.07 Cr | ₹30.24 Cr | ₹29.93 Cr |
| Depreciation & Amortisation | ₹181.22 Cr | ₹94.74 Cr | ₹72.53 Cr | ₹63.93 Cr | ₹56.59 Cr | ₹53.79 Cr | ₹50.45 Cr |
| Other Expenses | ₹219.71 Cr | ₹127.14 Cr | ₹84.65 Cr | ₹82.86 Cr | ₹70.24 Cr | ₹61.89 Cr | ₹57.62 Cr |
| Total Expenses | ₹2,871.52 Cr | ₹1,793.16 Cr | ₹1,141.01 Cr | ₹863.87 Cr | ₹661.17 Cr | ₹573.9 Cr | ₹705.56 Cr |
| Profit Before Exceptional Items & Tax | ₹197.42 Cr | ₹96.71 Cr | ₹30.58 Cr | -₹18.84 Cr | -₹16.36 Cr | -₹13.09 Cr | -₹2.07 Cr |
| Exceptional Items | ₹18.14 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹12.55 Cr |
| Profit Before Tax | ₹215.55 Cr | ₹96.71 Cr | ₹30.58 Cr | -₹18.84 Cr | -₹16.36 Cr | -₹13.09 Cr | ₹10.47 Cr |
| Total Tax Expense | ₹52.22 Cr | ₹25.81 Cr | ₹3.3 Cr | -₹4.35 Cr | -₹3.46 Cr | -₹2.05 Cr | ₹32.65 Lakh |
| Net Profit | ₹163.34 Cr | ₹70.9 Cr | ₹27.29 Cr | -₹14.49 Cr | -₹12.9 Cr | -₹11.04 Cr | ₹10.15 Cr |
| Other Comprehensive Income | -₹29.15 Lakh | -₹42.17 Lakh | -₹22.58 Lakh | -₹15.98 Lakh | -₹39.43 Lakh | -₹94,000 | -₹51.39 Lakh |
| Total Comprehensive Income | ₹163.04 Cr | ₹70.47 Cr | ₹27.06 Cr | -₹14.65 Cr | -₹13.3 Cr | -₹11.05 Cr | ₹9.63 Cr |
| EBITDA (computed) | ₹474.87 Cr | ₹257.67 Cr | ₹149.23 Cr | ₹84.97 Cr | ₹76.31 Cr | ₹70.93 Cr | ₹78.3 Cr |
| Basic EPS | ₹4.62 | ₹20.50 | ₹7.89 | ₹-4.21 | ₹-3.76 | ₹-3.24 | ₹2.97 |
| Diluted EPS | ₹4.62 | ₹20.50 | ₹7.89 | ₹-4.21 | ₹-3.76 | ₹-3.24 | ₹2.97 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,421.85 Cr | ₹1,577.13 Cr | ₹966.1 Cr | ₹766.24 Cr |
| Non-current Assets | ₹1,107.14 Cr | ₹931.4 Cr | ₹521.73 Cr | ₹461.78 Cr |
| Current Assets | ₹1,314.7 Cr | ₹645.73 Cr | ₹444.37 Cr | ₹304.46 Cr |
| Property, Plant & Equipment | ₹309.67 Cr | ₹192.55 Cr | ₹95.17 Cr | ₹85.7 Cr |
| Inventories | ₹1,140.4 Cr | ₹526.18 Cr | ₹359.97 Cr | ₹246.47 Cr |
| Trade Receivables | ₹0 | ₹1.18 Lakh | ₹5.54 Lakh | ₹6.7 Lakh |
| Cash & Equivalents | ₹5.54 Cr | ₹7.56 Cr | ₹6.21 Cr | ₹1.94 Cr |
| Equity (Net Worth) | ₹902.31 Cr | ₹345 Cr | ₹274.53 Cr | ₹247.22 Cr |
| Equity Share Capital | ₹36.46 Cr | ₹34.59 Cr | ₹34.59 Cr | ₹34.39 Cr |
| Borrowings (Non-current) | ₹24.12 Cr | ₹12.69 Cr | ₹3.87 Cr | ₹0 |
| Borrowings (Current) | ₹229.78 Cr | ₹95.64 Cr | ₹73.55 Cr | ₹46.48 Cr |
| Total Debt (computed) | ₹253.9 Cr | ₹108.33 Cr | ₹77.42 Cr | ₹46.48 Cr |
| Current Liabilities | ₹913.58 Cr | ₹518.17 Cr | ₹300.72 Cr | ₹188.15 Cr |
| Total Liabilities | ₹1,519.53 Cr | ₹1,232.12 Cr | ₹691.57 Cr | ₹519.02 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹96.24 Cr | ₹212.89 Cr | ₹85.56 Cr | ₹79.99 Cr | ₹62.9 Cr |
| Investing Cash Flow | -₹231.16 Cr | -₹128.29 Cr | -₹28.95 Cr | -₹9.11 Cr | -₹13.28 Cr |
| Financing Cash Flow | ₹325.39 Cr | -₹83.26 Cr | -₹52.33 Cr | -₹74.89 Cr | -₹58.85 Cr |
| Capital Expenditure | ₹231.49 Cr | ₹129.99 Cr | ₹30.52 Cr | ₹9.48 Cr | ₹13.65 Cr |
| Free Cash Flow (computed) | -₹327.73 Cr | ₹82.9 Cr | ₹55.04 Cr | ₹70.52 Cr | ₹49.25 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹2.01 Cr | ₹1.34 Cr | ₹4.27 Cr | -₹4 Cr | -₹9.23 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹798.14 Cr | ₹927.3 Cr | ₹1,334.59 Cr | ₹629.7 Cr | ₹498.51 Cr | ₹590.94 Cr | ₹380.01 Cr | ₹415.03 Cr | ₹296.04 Cr | ₹373.76 Cr | ₹231.32 Cr | ₹263.61 Cr |
| Other Income | ₹3.7 Cr | ₹3.97 Cr | ₹1.23 Cr | ₹76.48 Lakh | ₹1.32 Cr | ₹43.83 Lakh | ₹2.39 Cr | ₹1.23 Cr | ₹78.63 Lakh | ₹2.8 Cr | ₹2 Cr | ₹1.29 Cr |
| Total Income | ₹801.84 Cr | ₹931.27 Cr | ₹1,335.82 Cr | ₹630.46 Cr | ₹499.83 Cr | ₹591.38 Cr | ₹382.39 Cr | ₹416.26 Cr | ₹296.82 Cr | ₹376.57 Cr | ₹233.32 Cr | ₹264.89 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹871.66 Cr | ₹640.96 Cr | ₹1,234.03 Cr | ₹535.76 Cr | ₹426.64 Cr | ₹408.53 Cr | ₹383.87 Cr | ₹314.06 Cr | ₹308.07 Cr | ₹254 Cr | ₹221.75 Cr | ₹174.75 Cr |
| Changes in Inventories | -₹314.66 Cr | -₹17.57 Cr | -₹279.89 Cr | -₹89.18 Cr | -₹60.01 Cr | ₹42.15 Lakh | -₹97.23 Cr | -₹9.37 Cr | -₹87.47 Cr | ₹8.61 Cr | -₹49.83 Cr | ₹15.19 Cr |
| Employee Benefit Expense | ₹72.72 Cr | ₹60.94 Cr | ₹106.17 Cr | ₹48.97 Cr | ₹38.47 Cr | ₹37.08 Cr | ₹32.89 Cr | ₹29.7 Cr | ₹25.28 Cr | ₹25.85 Cr | ₹20.86 Cr | ₹20.66 Cr |
| Finance Costs | ₹24.03 Cr | ₹21.88 Cr | ₹50.32 Cr | ₹22.4 Cr | ₹20.95 Cr | ₹17.52 Cr | ₹14.52 Cr | ₹13.25 Cr | ₹12.47 Cr | ₹11.45 Cr | ₹11.98 Cr | ₹10.23 Cr |
| Depreciation & Amortisation | ₹66.78 Cr | ₹45.45 Cr | ₹68.98 Cr | ₹31.69 Cr | ₹27.16 Cr | ₹25.61 Cr | ₹21.8 Cr | ₹20.17 Cr | ₹18.29 Cr | ₹19.78 Cr | ₹17.26 Cr | ₹17.19 Cr |
| Other Expenses | ₹55.66 Cr | ₹66.09 Cr | ₹97.96 Cr | ₹43.68 Cr | ₹36.14 Cr | ₹34.03 Cr | ₹29.71 Cr | ₹27.26 Cr | ₹19.85 Cr | ₹24.75 Cr | ₹19.74 Cr | ₹20.34 Cr |
| Total Expenses | ₹776.18 Cr | ₹817.75 Cr | ₹1,277.58 Cr | ₹593.32 Cr | ₹489.35 Cr | ₹523.19 Cr | ₹385.56 Cr | ₹395.06 Cr | ₹296.49 Cr | ₹344.43 Cr | ₹241.75 Cr | ₹258.35 Cr |
| Profit Before Exceptional Items & Tax | ₹25.65 Cr | ₹113.52 Cr | ₹58.24 Cr | ₹37.15 Cr | ₹10.48 Cr | ₹68.19 Cr | -₹3.17 Cr | ₹21.2 Cr | ₹33.1 Lakh | ₹32.13 Cr | -₹8.44 Cr | ₹6.54 Cr |
| Exceptional Items | -₹3.55 Cr | ₹21.69 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹22.1 Cr | ₹135.21 Cr | ₹58.24 Cr | ₹37.15 Cr | ₹10.48 Cr | ₹68.19 Cr | -₹3.17 Cr | ₹21.2 Cr | ₹33.1 Lakh | ₹32.13 Cr | -₹8.44 Cr | ₹6.54 Cr |
| Total Tax Expense | ₹3.92 Cr | ₹35.89 Cr | ₹12.41 Cr | ₹9.4 Cr | ₹3.82 Cr | ₹17.32 Cr | -₹65.6 Lakh | ₹5.34 Cr | -₹3.54 Cr | ₹8.04 Cr | -₹2.75 Cr | ₹1.63 Cr |
| Net Profit | ₹18.19 Cr | ₹99.32 Cr | ₹45.83 Cr | ₹27.75 Cr | ₹6.67 Cr | ₹50.88 Cr | -₹2.51 Cr | ₹15.86 Cr | ₹3.87 Cr | ₹24.09 Cr | -₹5.68 Cr | ₹4.92 Cr |
| Other Comprehensive Income | ₹13.55 Lakh | ₹87.28 Lakh | -₹1.3 Cr | -₹45.76 Lakh | ₹1.62 Lakh | ₹59,000 | -₹29.38 Lakh | -₹14.99 Lakh | ₹5.19 Lakh | -₹3 Lakh | ₹56,000 | -₹25.33 Lakh |
| Total Comprehensive Income | ₹18.32 Cr | ₹100.19 Cr | ₹44.53 Cr | ₹27.29 Cr | ₹6.68 Cr | ₹50.88 Cr | -₹2.8 Cr | ₹15.71 Cr | ₹3.92 Cr | ₹24.06 Cr | -₹5.68 Cr | ₹4.66 Cr |
| EBITDA (computed) | ₹116.47 Cr | ₹180.85 Cr | ₹177.55 Cr | ₹91.24 Cr | ₹58.59 Cr | ₹111.32 Cr | ₹33.15 Cr | ₹54.61 Cr | ₹31.09 Cr | ₹63.36 Cr | ₹20.8 Cr | ₹33.96 Cr |
| Basic EPS | ₹0.51 | ₹28.38 | ₹13.25 | ₹8.02 | ₹1.93 | ₹14.71 | ₹-0.73 | ₹4.59 | ₹1.12 | ₹6.97 | ₹-1.65 | ₹1.42 |
| Diluted EPS | ₹0.51 | ₹28.38 | ₹13.25 | ₹8.02 | ₹1.93 | ₹14.71 | ₹-0.73 | ₹4.59 | ₹1.12 | ₹6.97 | ₹-1.65 | ₹1.42 |
Shareholding Pattern of V2 Retail Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 51.43%, foreign institutional investors hold 2.62%, domestic institutional investors hold 9.28%, retail and other public shareholders hold 36.66% of V2 Retail Limited. The company had 45,025 shareholders on record.
| Mar 2026 | Dec 2025 | Nov 2025 | Sep 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 51.43% | 51.43% | 51.43% | 54.22% | 54.22% | 54.24% |
| Public | 48.57% | 48.57% | 48.57% | 45.78% | 45.78% | 45.76% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 51.43% | 54.24% | 54.28% | 53.56% | 53.56% | 54.00% | 52.74% | 51.14% | 51.36% | 52.71% | 61.47% |
| Public | 48.57% | 45.76% | 45.72% | 46.44% | 46.44% | 46.00% | 47.26% | 48.86% | 48.64% | 47.29% | 38.53% |
| Promoter change (YoY, %pts) | -2.81 | -0.04 | +0.72 | +0.00 | -0.44 | +1.26 | +1.60 | -0.22 | -1.35 | -8.76 | - |
Board & Governance of V2 Retail Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of V2 Retail Limited has 6 directors - 3 independent and 3 executive. The board is chaired by RAM CHANDRA AGARWAL.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| RAM CHANDRA AGARWAL | Executive Director · MD · Chairperson | 2001-07-23 | 1 |
| UMA AGARWAL | Executive Director | 2001-07-23 | 1 |
| AKASH AGARWAL | Executive Director · CEO | 2017-09-29 | 1 |
| ARCHANA SURENDRA YADAV | Non-Executive - Independent Director | 2020-01-27 | 4 |
| ARUN KUMAR ROOPANWAL | Non-Executive - Independent Director | 2020-01-27 | 1 |
| SRINIVAS ANAND MANNAVA | Non-Executive - Independent Director | 2023-02-10 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | ARCHANA SURENDRA YADAV (Chairperson), RAM CHANDRA AGARWAL, ARUN KUMAR ROOPANWAL, SRINIVAS ANAND MANNAVA |
| Nomination and remuneration committee | ARUN KUMAR ROOPANWAL (Chairperson), ARCHANA SURENDRA YADAV, SRINIVAS ANAND MANNAVA |
| Stakeholders Relationship Committee | ARUN KUMAR ROOPANWAL (Chairperson), UMA AGARWAL, ARCHANA SURENDRA YADAV, RAM CHANDRA AGARWAL |
| Risk Management Committee | ARUN KUMAR ROOPANWAL (Chairperson), AKASH AGARWAL, SRINIVAS ANAND MANNAVA |
| Corporate Social Responsibility Committee | ARCHANA SURENDRA YADAV (Chairperson), RAM CHANDRA AGARWAL, AKASH AGARWAL, ARUN KUMAR ROOPANWAL |
| ESOP Committee | RAM CHANDRA AGARWAL (Chairperson), UMA AGARWAL, AKASH AGARWAL |
| Fund Raising Committee | RAM CHANDRA AGARWAL (Chairperson), UMA AGARWAL, AKASH AGARWAL |
Group Structure of V2 Retail Limited
V2 Retail Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects V2 Retail Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| V2 Smart Manufacturing Private Limited | U18209DL2019PTC356730 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of V2 Retail Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2026 | Hdfc Bank Limited | ₹7 Cr | Open |
| 03 Feb 2026 | Others | ₹69.9 Lakh | Open |
| 20 Jan 2026 | Axis Bank Limited | ₹7.04 Cr | Open |
| 27 Aug 2025 | Hdfc Bank Limited | ₹3.45 Cr | Open |
| 02 May 2025 | Others | ₹50 Cr | Open |
Total charge records: 37 View all charges
Employees and EPFO Compliance at V2 Retail Limited
V2 Retail Limited has a workforce of 2,742 employees as of Jul 18, 2024.
Employee and EPFO history for V2 Retail Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of V2 Retail Limited
GST registrations and filing compliance for V2 Retail Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for V2 Retail Limited
Credit ratings, litigation, and regulatory alerts for V2 Retail Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by V2 Retail Limited
MSME payment history for V2 Retail Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of V2 Retail Limited
Corporate group structure for V2 Retail Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of V2 Retail Limited
MCA filings and documents for V2 Retail Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on V2 Retail Limited
Recent News on V2 Retail Limited
Frequently Asked Questions about V2 Retail Limited
V2 Retail Limited is an active public limited company in the fashion and textile sector based in New Delhi, Delhi, India. It was incorporated on 23 July 2001 (25+ years old) and is registered under CIN L74999DL2001PLC147724. Listed on BSE: 532867 and NSE: V2RETAIL. The company has 2,742 employees.
V2 Retail Limited reported revenue of ₹3,067.05 Cr for FY 2026 (up 62.75% YoY) based on consolidated NSE filings.
The current directors of V2 Retail Limited are:
- Uma Agarwal - Whole-Time Director
- Akash Agarwal - Whole-Time Director
- Arun Kumar Roopanwal - Director
- Ram Chandra Agarwal - Managing Director
- Archana Surendra Yadav - Director
- Srinivas Anand Mannava - Director
The primary industry of V2 Retail Limited is fashion and textile. The company specifically operates in fashion retail. The company is currently active in this sector.
Yes. V2 Retail Limited is listed on both BSE (code: 532867) and NSE (symbol: V2RETAIL).
V2 Retail Limited can be reached at the registered office: Khasra No. 928 Extended Lal Dora Abadi Village Kapashera Tehsil Vasant Vihar, New Delhi, Delhi, India – 110037, or through the website v2retail.com.