| Total Stores | 400Operational Milestone |
|---|---|
| Market Cap | ₹7,966.6 CrDepartment Stores |
| Revenue Growth | 62.7%Annual YoY |
| RSI | 43.89Neutral Zone |
Key highlights
- Opened the 400th operational store, marking a significant domestic footprint milestone
- Successfully added 75 new stores on a net basis during the current financial year alone
- Annual operating revenue grew by 62.7% YoY to reach ₹3,067.05 crore
- Net profit for the most recent quarter surged 172.02% compared to the previous year
- Maintains a geographic presence across major states including West Bengal, Uttar Pradesh, and Bihar
Expansion Strategy and Footprint
V2 Retail's achievement of the 400-store milestone is the result of an intensive expansion phase where 75 net new stores were commissioned within the current financial year. This growth trajectory highlights the company's commitment to the value retail segment, specifically targeting the 'Bharat' market of Tier 2 and Tier 3 cities. The current footprint spans diverse geographies including Andhra Pradesh, Jammu & Kashmir, Telangana, and Karnataka.
This rapid rollout aims to capture regional demand while leveraging economies of scale in logistics and inventory management across its pan-India network.
Drivers of Geographic Growth
- Focus on under-penetrated regional markets to capture the shift toward organized retail
- Strategic store placement in high-traffic areas across states like West Bengal, Bihar, and Odisha
- Scaling operational efficiencies by increasing store density in established regional clusters
- Implementation of a sustainable and inclusive growth model to keep fashion accessible
Financial Performance Context
The expansion is supported by robust financial fundamentals, with TTM operating revenue standing at ₹3,067.05 crore. While the company saw a quarter-on-quarter dip in profit, its year-on-year net profit growth of 172.02% reflects significant scaling efficiency. V2 Retail outpaced the sector's average revenue growth of 36.57% by recording nearly 60% growth in the latest quarter.
With a Durability Score of 65 and a Piotroski Score of 6, the company demonstrates a stable financial position as it continues its capital-intensive expansion strategy.
Founder's Vision on Milestone
Your trust inspires us every day. As we celebrate 400 stores, we promise to keep growing with you. Thank you for being a part of our journey.
“V2 Retail Limited is pleased to announce the successful achievement of a significant milestone—the opening of its 400th store.”
“In the current financial year alone, the Company has added 75 new stores (net), underscoring a remarkable phase of expansion and growth.”
| Share price | ₹218.48 |
|---|---|
| Market capitalisation | ₹7,966.60 Cr |
| Revenue (annual) | ₹3,067.05 Cr |
| Net profit (annual) | ₹162.06 Cr |
| Revenue (latest quarter) | ₹797.02 Cr-14.22% vs previous quarter |
| Net profit (latest quarter) | ₹17.51 Cr-82.85% vs previous quarter |
| P/E (TTM) | 49.34×Sector 73.11× |
| Promoter holding | 51.43%0.00% QoQ |
| FII holding | 3.11%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by V2 Retail Limited announcing the milestone opening of its 400th store and recent expansion details. Market figures from a third-party data provider.
