India's Richest People 2026 edition · 1 director · Source: Hurun India
- #709 Ram Chandra Agarwal & family ₹4,500 Cr
Revenue · FY 2025
₹205.48 Cr
▲ 13% YoY
Net profit · FY 2025
₹39.98 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹6.11 Cr
EBITDA margin 3%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹4.85 Cr
Satisfied ₹9.25 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
284
Provident fund records
About V2 Smart Manufacturing Private Limited
Data last updated:
V2 Smart Manufacturing Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of V2 Retail Limited. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 25 October 2019 and has been in existence for over 7 years.
Its director Ram Chandra Agarwal and family are #709 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18209DL2019PTC356730. Its GSTIN is 07AAHCV1491L1ZW (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Akash Agarwal and Ram Chandra Agarwal.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot In Khasra No. 928 G/F Village Kapashera, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹205.48 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹39.98 Lakh (net margin 0.2%) and EBITDA of ₹6.11 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 131% over five years.
The company has about 284 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.85 Cr and satisfied charges of ₹9.25 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website v2retail.com.
Company details
CIN U18209DL2019PTC356730
Registration Number 356730
Incorporation Date 25 October 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 08 September 2025
Date of Balance Sheet 31 March 2025
Parent Company V2 Retail Limited
Recognitions & Rankings of V2 Smart Manufacturing
Contact details
V2 Smart Manufacturing Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressPlot In Khasra No. 928 G/F Village Kapashera, New Delhi, Delhi, India – 110037
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of V2 Smart Manufacturing Private Limited, buy the company report.
Comprehensive company report
V2 Smart Manufacturing Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of V2 Smart Manufacturing is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of V2 Smart Manufacturing Private Limited, buy the company report.
Financials of V2 Smart Manufacturing Private Limited
FY 2025 filings availableV2 Smart Manufacturing Private Limited reported revenue of ₹205.48 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹205.48 Cr ▲ 13%
Net profit · FY 2025
₹39.98 Lakh margin 0.2%
EBITDA · FY 2025
₹6.11 Cr margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 29%
5 years · compounded
▲ 131%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 2%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 131% over five years, including 13% growth in the latest year. EBITDA rose 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 | ₹6.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.98 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| 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 | 3% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 V2 Smart Manufacturing Private Limited, buy the company report.
Board of directors of V2 Smart Manufacturing Private Limited
V2 Smart Manufacturing has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Agarwal Also directs: V2 Retail Limited, Regrow International Private Limited, Saar Kitchen Private Limited and 2 more | Director | 25 Oct 2019 | 6 Years 11 Months | Current |
| Ram Chandra Agarwal Also directs: V2 Retail Limited, Ricon Commodities Pvt.Ltd., VRL Retailer Business Solutions Private Limited and 1 more | Director | 25 Oct 2019 | 6 Years 11 Months | Current |
| Archana Surendra Yadav | Director | 03 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
V2 Smart Manufacturing Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Lifestyle and Accessories Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Permeshwar Creations Private Limited | ₹254.84 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Alpine Apparels Private Limited | ₹228.27 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Outshiny India Private Limited | ₹218.25 Cr (FY 2025) | 27.0% | Bangalore, Karnataka, India | |||
| V2 Smart Manufacturing Private Limitedthis company | ₹205.48 Cr (FY 2025) | ₹39.98 Lakh | 0.2% | 13.0% | 284 | New Delhi, Delhi, India |
| Sports and Leisure Apparel Limited | ₹203.1 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Anglo India Jute & Textile Industries Private Limited | ₹195.43 Cr (FY 2025) | -21.0% | Kolkata, West Bengal, India |
To see the full peer comparison of V2 Smart Manufacturing Private Limited, buy the company report.
Auditor
V2 Smart Manufacturing Private Limited is audited by MNRS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MNRS & ASSOCIATES | FY 2023 | 018340N |
Shareholding
The shareholding of V2 Smart Manufacturing Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of V2 Smart Manufacturing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.85 Cr
Satisfied charges
₹9.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2024 | 100855101 | Sidbi | ₹4.85 Cr | Satisfied | |
| 27 Dec 2019 | 100313337 | Others | ₹4.4 Cr | Satisfied |
To see the full charge records of V2 Smart Manufacturing Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
V2 Smart Manufacturing Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by U. P. Pollution Control Board | Pending |
To see the full case history of V2 Smart Manufacturing Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
V2 Smart Manufacturing Private Limited has 6 MSME Form 1 returns on record between 2021 and 2024, listing 19 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sheet Attached | |||
| Mezzo Clothings Private Limited | |||
| Stella Moda Fab LLP | |||
| Welco Agencies Private Limited | |||
| Jain Narrow Fabrics |
To see the full MSME payment records of V2 Smart Manufacturing Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
V2 Smart Manufacturing Private Limited has a workforce of 284 employees on its EPFO records as of Jul 06, 2024, across 1 active EPFO establishment.
Employee count
284
Active EPFO establishments
1
Employee growth
2481.82%
GST
V2 Smart Manufacturing has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCV1491L1ZW | Delhi | Active | 27 Nov 2019 |
| 09AAHCV1491L1ZS | Uttar Pradesh | Active | 09 Nov 2019 |
| 06AAHCV1491L1ZY | Haryana | Active | 30 Nov 2019 |
| 10AAHCV1491L1Z9 | Bihar | Active | 15 Jun 2023 |
To see the full GST registrations and return filing status of V2 Smart Manufacturing Private Limited, buy the company report.
Recent activity
V2 Smart Manufacturing Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Pratik Adukia ceased to be CEO on 09 Feb 2023.
AGM
V2 Smart Manufacturing Private Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records.
Charges
A charge registered on 19 Jan 2024 via Charge ID 100855101 with Sidbi was fully satisfied on 04 Jul 2025.
Filing
V2 Smart Manufacturing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Sidbi amounted to Rs. 4.85 Cr with Charge ID 100855101 was registered on 19 Jan 2024.
Ceased
Pratik Adukia ceased to be CEO.
Charges
A charge registered on 27 Dec 2019 via Charge ID 100313337 with Others was fully satisfied on 16 Feb 2022.
Appointed
Archana Surendra Yadav was appointed as Director.
Charges
A charge with Others amounted to Rs. 4.40 Cr with Charge ID 100313337 was registered on 27 Dec 2019.
Appointed
Akash Agarwal was appointed as Director.
Appointed
Ram Chandra Agarwal was appointed as Director.
Incorporation
25 Oct 2019
V2 Smart Manufacturing Private Limited was registered on 25 Oct 2019 with Roc Delhi & aged 6 years 11 months as per MCA records.
Frequently asked questions
V2 Smart Manufacturing is an active private limited company based in New Delhi, Delhi, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 25 October 2019 (7+ years old) and is registered under CIN U18209DL2019PTC356730.
V2 Smart Manufacturing has 3 current directors:
- Akash Agarwal - Director
- Ram Chandra Agarwal - Director
- Archana Surendra Yadav - Director
The latest financial statements of V2 Smart Manufacturing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of V2 Smart Manufacturing is 07AAHCV1491L1ZW, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AAHCV1491L1ZS (Uttar Pradesh), 06AAHCV1491L1ZY (Haryana), 10AAHCV1491L1Z9 (Bihar).
The CIN (Corporate Identification Number) of V2 Smart Manufacturing is U18209DL2019PTC356730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V2 Smart Manufacturing has 1 court case on record: 1 filed against it. 1 is pending.
V2 Smart Manufacturing was incorporated on 25 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of V2 Smart Manufacturing by revenue are Permeshwar Creations Private Limited, Alpine Apparels Private Limited, Outshiny India Private Limited, Sports and Leisure Apparel Limited, Anglo India Jute & Textile Industries Private Limited, all in the Consumer Products industry (Lifestyle and Accessories Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Pratik Adukia ceased to be CEO on 09 Feb 2023. Archana Surendra Yadav was appointed as Director on 03 Sep 2020. Akash Agarwal was appointed as Director on 25 Oct 2019. V2 Smart Manufacturing has 4 board changes on record in total.
V2 Smart Manufacturing has 6 MSME Form 1 returns on record between 2021 and 2024, listing 19 overdue payments to 6 micro and small suppliers. The latest return was filed on 30 Jun 2024.
V2 Smart Manufacturing can be reached through the website v2retail.com. Its registered office is in New Delhi, Delhi, India.
The registered office of V2 Smart Manufacturing is at Plot In Khasra No. 928 GF Village Kapashera, New Delhi, Delhi, India – 110037.