V2 Retail Limited

NSEI:V2RETAIL Stock Report

Market Cap: ₹80.0b

V2 Retail Past Earnings Performance

Past criteria checks 4/6

V2 Retail has been growing earnings at an average annual rate of 76.7%, while the Specialty Retail industry saw earnings growing at 31.7% annually. Revenues have been growing at an average rate of 34.9% per year. V2 Retail's return on equity is 18%, and it has net margins of 5.3%.

Key information

76.69%

Earnings growth rate

76.53%

EPS growth rate

Specialty Retail Industry Growth27.43%
Revenue growth rate34.89%
Return on equity17.96%
Net Margin5.28%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article Jun 05

V2 Retail's (NSE:V2RETAIL) Performance Raises Some Questions

Despite posting strong earnings, V2 Retail Limited's ( NSE:V2RETAIL ) stock didn't move much over the last week. We...
Analysis Article Nov 26

V2 Retail's (NSE:V2RETAIL) Solid Profits Have Weak Fundamentals

V2 Retail Limited's ( NSE:V2RETAIL ) robust earnings report didn't manage to move the market for its stock. We did some...

Recent updates

Analysis Article Jun 05

V2 Retail's (NSE:V2RETAIL) Performance Raises Some Questions

Despite posting strong earnings, V2 Retail Limited's ( NSE:V2RETAIL ) stock didn't move much over the last week. We...
Analysis Article May 08

Does V2 Retail (NSE:V2RETAIL) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jan 19

Investor Optimism Abounds V2 Retail Limited (NSE:V2RETAIL) But Growth Is Lacking

V2 Retail Limited's ( NSE:V2RETAIL ) price-to-earnings (or "P/E") ratio of 74.9x might make it look like a strong sell...
Analysis Article Nov 26

V2 Retail's (NSE:V2RETAIL) Solid Profits Have Weak Fundamentals

V2 Retail Limited's ( NSE:V2RETAIL ) robust earnings report didn't manage to move the market for its stock. We did some...
Analysis Article Oct 02

V2 Retail Limited (NSE:V2RETAIL) Looks Just Right With A 26% Price Jump

V2 Retail Limited ( NSE:V2RETAIL ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Sep 18

We Ran A Stock Scan For Earnings Growth And V2 Retail (NSE:V2RETAIL) Passed With Ease

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jul 05

Why Investors Shouldn't Be Surprised By V2 Retail Limited's (NSE:V2RETAIL) P/S

When close to half the companies in the Specialty Retail industry in India have price-to-sales ratios (or "P/S") below...
Analysis Article Apr 30

Here's Why We Think V2 Retail (NSE:V2RETAIL) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Apr 04

V2 Retail Limited's (NSE:V2RETAIL) Share Price Matching Investor Opinion

V2 Retail Limited's ( NSE:V2RETAIL ) price-to-sales (or "P/S") ratio of 3.8x may look like a poor investment...
Analysis Article Nov 26

With EPS Growth And More, V2 Retail (NSE:V2RETAIL) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Oct 07

After Leaping 26% V2 Retail Limited (NSE:V2RETAIL) Shares Are Not Flying Under The Radar

Despite an already strong run, V2 Retail Limited ( NSE:V2RETAIL ) shares have been powering on, with a gain of 26% in...
Analysis Article Aug 02

Investors Appear Satisfied With V2 Retail Limited's (NSE:V2RETAIL) Prospects As Shares Rocket 26%

Despite an already strong run, V2 Retail Limited ( NSE:V2RETAIL ) shares have been powering on, with a gain of 26% in...
Analysis Article Jul 18

These 4 Measures Indicate That V2 Retail (NSE:V2RETAIL) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 27

Returns At V2 Retail (NSE:V2RETAIL) Appear To Be Weighed Down

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Jun 09

Investors Appear Satisfied With V2 Retail Limited's (NSE:V2RETAIL) Prospects As Shares Rocket 27%

Despite an already strong run, V2 Retail Limited ( NSE:V2RETAIL ) shares have been powering on, with a gain of 27% in...
Analysis Article Apr 04

V2 Retail Limited (NSE:V2RETAIL) Looks Just Right With A 27% Price Jump

V2 Retail Limited ( NSE:V2RETAIL ) shares have continued their recent momentum with a 27% gain in the last month alone...
Analysis Article Jan 31

V2 Retail (NSE:V2RETAIL) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 27

There's No Escaping V2 Retail Limited's (NSE:V2RETAIL) Muted Revenues Despite A 26% Share Price Rise

V2 Retail Limited ( NSE:V2RETAIL ) shares have continued their recent momentum with a 26% gain in the last month alone...
Analysis Article Oct 24

V2 Retail's (NSE:V2RETAIL) Returns On Capital Not Reflecting Well On The Business

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Sep 16

Here's Why V2 Retail (NSE:V2RETAIL) Has A Meaningful Debt Burden

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Jul 25

Investors Could Be Concerned With V2 Retail's (NSE:V2RETAIL) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article Jun 01

V2 Retail (NSE:V2RETAIL) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Mar 29

V2 Retail (NSE:V2RETAIL) Will Be Hoping To Turn Its Returns On Capital Around

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Feb 03

Here's Why V2 Retail (NSE:V2RETAIL) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 06

V2 Retail (NSE:V2RETAIL) Could Be Struggling To Allocate Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article Jun 11

Is V2 Retail (NSE:V2RETAIL) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 13

Estimating The Intrinsic Value Of V2 Retail Limited (NSE:V2RETAIL)

Does the May share price for V2 Retail Limited ( NSE:V2RETAIL ) reflect what it's really worth? Today, we will estimate...
Analysis Article Apr 02

The Returns On Capital At V2 Retail (NSE:V2RETAIL) Don't Inspire Confidence

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Dec 01

Here's Why V2 Retail (NSE:V2RETAIL) Has A Meaningful Debt Burden

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 17

V2 Retail (NSE:V2RETAIL) Shareholders Have Enjoyed An Impressive 213% Share Price Gain

Unless you borrow money to invest, the potential losses are limited. But if you pick the right stock, you can make a...
Analysis Article Feb 18

Calculating The Intrinsic Value Of V2 Retail Limited (NSE:V2RETAIL)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of V2 Retail Limited...
Analysis Article Jan 21

Is V2 Retail (NSE:V2RETAIL) Using Debt Sensibly?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 17

The CFO & Whole Time Director of V2 Retail Limited (NSE:V2RETAIL), Akash Agarwal, Just Bought A Few More Shares

Whilst it may not be a huge deal, we thought it was good to see that the V2 Retail Limited ( NSE:V2RETAIL ) CFO & Whole...
Analysis Article Nov 17

Is V2 Retail (NSE:V2RETAIL) Likely To Turn Things Around?

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...

Revenue & Expenses Breakdown

How V2 Retail makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:V2RETAIL Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2630,6731,6212,5870
31 Dec 2527,6871,5042,2450
30 Sep 2524,3059952,0580
30 Jun 2521,0178041,7620
31 Mar 2518,8477201,7040
31 Dec 2416,8216931,5150
30 Sep 2414,6504171,3890
30 Jun 2413,1623791,1810
31 Mar 2411,6482781,1050
31 Dec 2310,6221641,0540
30 Sep 239,281221,0030
30 Jun 238,912-379190
31 Mar 238,389-1289610
31 Dec 228,039-1469110
30 Sep 228,032-1178550
30 Jun 227,580-327300
31 Mar 226,294-1176880
31 Dec 216,603-1246980
30 Sep 216,488-986750
30 Jun 215,842-1485410
31 Mar 215,387-1285830
31 Dec 204,785-1475190
30 Sep 204,702-975230
30 Jun 205,359-1205360
31 Mar 207,012886750
31 Dec 197,3602511,2060
30 Sep 197,5802881,2640
30 Jun 197,6302077300
31 Mar 197,4842051,3290
31 Dec 187,1172001,1290
30 Sep 186,2301011,0230
30 Jun 186,0493365540
31 Mar 185,5943118650
31 Dec 175,3942467590
30 Sep 175,3984507240
30 Jun 175,0554136910
31 Mar 174,7203906410
31 Dec 164,4413655070
30 Sep 163,8951284560
30 Jun 163,5171142560
31 Mar 163,1991224300

Quality Earnings: V2RETAIL has a high level of non-cash earnings.

Growing Profit Margin: V2RETAIL's current net profit margins (5.3%) are higher than last year (3.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: V2RETAIL has become profitable over the past 5 years, growing earnings by 76.7% per year.

Accelerating Growth: V2RETAIL's earnings growth over the past year (125%) exceeds its 5-year average (76.7% per year).

Earnings vs Industry: V2RETAIL earnings growth over the past year (125%) exceeded the Specialty Retail industry 39.2%.


Return on Equity

High ROE: V2RETAIL's Return on Equity (18%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/31 05:01
End of Day Share Price 2026/07/31 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

V2 Retail Limited is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kaustav Kakati360 ONE Capital Market Private Limited
Pranshu MittalCentrum Broking Limited
Ally ParkCitigroup Inc