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NSE Close — 25 Sep 2026
₹214.72
Change
+0.25 (0.12%)
Open
₹214.94
Prev. Close
₹214.47
Day High
₹214.94
Day Low
₹210.66
Volume Analysis
Traded
612,614
Delivered
351,267
Delivery %
57.34%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong return on equity (22.9%)
Weaknesses (2)
- •High debt-to-equity ratio (1.1)
- •Promoter holding is falling
Opportunities (1)
- •Strong 3-year revenue growth (54.1%)
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹220.5 | ₹217.72 | ₹216.22 | ₹213.44 | ₹211.94 | ₹209.16 | ₹207.66 |
| Fibonacci | ₹217.72 | ₹216.09 | ₹215.07 | ₹213.44 | ₹211.81 | ₹210.79 | ₹209.16 |
| Camarilla | ₹215.9 | ₹215.5 | ₹215.11 | ₹213.44 | ₹214.33 | ₹213.94 | ₹213.54 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-91.23%
1 Week
+1.84%
1 Month
-2.98%
3 Months
-5.32%
6 Months
+13.36%
1 Year
-88.61%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹49.77
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
17.83%
Net margin 5.22% × asset turnover 1.27x × equity multiplier 2.69x
Company Overview
Sector
Consumer Services
Market Cap
₹7,830 Cr
P/E (TTM)
49.4
ROE
22.9%
Book Value
₹24.8
Face Value
₹1.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
V2 Retail Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Consumer Services sector, at 50/100. The strongest factor is Growth (100/100), while Valuation (0/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (22.9%); high debt-to-equity ratio (1.1); promoter holding is falling. FII holding has been falling.
TopFund Score — Fundamentals Quality
50/100 — AverageData confidence: 76/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 67.4% CAGR over last 5 years
- −Stock is trading at 8.68 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
India Ratings upgraded V2 Retail bank facilities to IND A/Positive/IND A1 on 1,750 million limits.
Q1 FY27 call: revenue up 58% to INR997 crore, PAT up 70%, 56 store additions, 170-200 store target.
V2 Retail to attend Motilal Oswal's 22nd Annual Global Investor Conference on August 19, 2026.
V2 Retail shared Q1 FY27 earnings call audio recording dated 14 August 2026.
V2 Retail Q1 FY27 revenue rose 58% to ₹997.2 crore; PAT increased 70% to ₹41.9 crore.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 264 | 231 | 374 | 296 | 415 | 380 | 591 | 499 | 632 | 709 | 929 | 797 | 997 |
| Expenses + | 228 | 211 | 313 | 265 | 360 | 347 | 479 | 441 | 545 | 623 | 755 | 688 | 858 |
| Operating Profit | 36 | 20 | 61 | 31 | 55 | 33 | 111 | 58 | 87 | 85 | 174 | 109 | 139 |
| OPM % | 14.0% | 9.0% | 16.0% | 11.0% | 13.0% | 9.0% | 19.0% | 12.0% | 14.0% | 12.0% | 19.0% | 14.0% | 14.0% |
| Other Income + | 1 | 2 | 3 | 1 | 1 | 3 | 1 | 2 | 1 | 1 | 32 | 4 | 1 |
| Interest | 10 | 12 | 12 | 13 | 14 | 15 | 18 | 21 | 23 | 28 | 22 | 24 | 25 |
| Depreciation | 18 | 18 | 21 | 19 | 21 | 23 | 26 | 28 | 32 | 38 | 46 | 67 | 64 |
| Profit before tax | 8 | -8 | 31 | 0 | 22 | -2 | 69 | 10 | 33 | 21 | 138 | 22 | 52 |
| Tax % | 26.0% | -33.0% | 25.0% | -7,100.0% | 25.0% | -20.0% | 25.0% | 38.0% | 26.0% | 18.0% | 26.0% | 22.0% | 19.0% |
| Net Profit + | 6 | -6 | 24 | 4 | 16 | -2 | 51 | 6 | 25 | 17 | 103 | 18 | 42 |
| EPS in Rs | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 3 | 0 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,105 | 42 | 109 | 229 | 287 | 701 | 538 | 629 | 839 | 1,165 | 1,884 | 3,067 | 3,432 |
| Expenses + | 1,565 | 52 | 108 | 223 | 258 | 624 | 488 | 562 | 753 | 1,016 | 1,624 | 2,595 | 2,924 |
| Operating Profit | -460 | -9 | 1 | 5 | 28 | 77 | 50 | 67 | 85 | 149 | 260 | 472 | 508 |
| OPM % | -42.0% | -21.0% | 0.9% | 2.2% | 10.0% | 11.0% | 9.0% | 11.0% | 10.0% | 13.0% | 14.0% | 15.0% | 15.0% |
| Other Income + | -41 | 1 | 1 | 2 | 2 | 15 | 23 | 16 | 7 | 7 | 6 | 25 | 38 |
| Interest | 91 | 8 | 7 | 9 | 10 | 33 | 33 | 39 | 42 | 49 | 70 | 100 | 99 |
| Depreciation | 47 | 3 | 2 | 3 | 2 | 51 | 56 | 59 | 67 | 77 | 99 | 182 | 214 |
| Profit before tax | -639 | -19 | -7 | -5 | 18 | 9 | -15 | -15 | -17 | 31 | 98 | 215 | 233 |
| Tax % | -35.0% | 81.0% | -26.0% | -18.0% | 47.0% | -1.0% | -16.0% | -21.0% | -24.0% | 11.0% | 27.0% | 24.0% | — |
| Net Profit + | -415 | -35 | -5 | -4 | 10 | 9 | -13 | -12 | -13 | 28 | 72 | 162 | 179 |
| EPS in Rs | -19 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 4 | 5 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | -255 | 252 | 247 | 240 | 251 | 245 | 235 | 224 | 213 | 240 | 312 | 866 |
| Borrowings + | 766 | 57 | 71 | 84 | 69 | 326 | 396 | 398 | 424 | 525 | 871 | 995 |
| Other Liabilities + | 245 | 11 | 28 | 39 | 61 | 115 | 148 | 136 | 123 | 227 | 381 | 525 |
| Total Liabilities | 778 | 343 | 368 | 385 | 405 | 721 | 813 | 792 | 793 | 1,027 | 1,599 | 2,422 |
| Fixed Assets + | 222 | 7 | 9 | 14 | 18 | 339 | 395 | 394 | 408 | 480 | 863 | 968 |
| CWIP | 0 | 0 | 1 | 0 | 1 | 4 | 5 | 0 | 0 | 0 | 4 | 36 |
| Investments | 0 | 33 | 32 | 31 | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 557 | 303 | 326 | 340 | 355 | 378 | 414 | 398 | 385 | 547 | 732 | 1,418 |
| Total Assets | 778 | 343 | 368 | 385 | 405 | 721 | 813 | 792 | 793 | 1,027 | 1,599 | 2,422 |
| Equity Capital | 22 | 22 | 22 | 22 | 24 | 34 | 34 | 34 | 34 | 35 | 35 | 36 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2010 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 57 | -38 | -12 | 12 | 35 | 74 | 3 | 59 | 86 | 93 | 201 | -103 |
| Cash from Investing Activity + | 5 | -1 | -4 | -7 | -6 | 7 | -20 | -16 | -12 | -39 | -130 | -219 |
| Cash from Financing Activity + | -66 | 6 | 8 | -4 | -30 | -28 | -22 | -58 | -76 | -50 | -71 | 319 |
| Net Cash Flow | -4 | -33 | -8 | 0 | -1 | 52 | -39 | -15 | -2 | 5 | 0 | -3 |
| CFO/OP | -12 | 424 | -1,155 | 219 | 123 | 96 | 7 | 86 | 100 | 63 | 87 | -11 |
| Free Cash Flow | 62 | -35 | -16 | 5 | 29 | 63 | -24 | 43 | 73 | 56 | 201 | -103 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 39.01% | 38.99% | 38.8% | 38.6% | 40.57% | 38.82% | 37.75% | 36.53% | 36.56% | 36.45% | 36.67% | 34.82% |
| Promoters | 54.26% | 54.28% | 54.28% | 54.3% | 54.3% | 54.3% | 54.24% | 54.22% | 54.22% | 51.43% | 51.43% | 51.43% |
| FII | 6.36% | 6.36% | 6.57% | 6.69% | 0.8% | 0.91% | 1.31% | 1.9% | 2.1% | 3.01% | 2.62% | 3.11% |
| DII | 0.37% | 0.37% | 0.36% | 0.43% | 4.34% | 5.98% | 6.7% | 7.35% | 7.12% | 9.12% | 9.28% | 10.65% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Consumer Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| V2 Retail Limited (this stock) | 7,830 | 49.4 | 8.67 | 22.9% |
| Medplus Health Serv Ltd | 7,868 | 37.4 | 3.97 | 11.6% |
| Entero Healthcare Solu L | 8,019 | 62.1 | 4.75 | 6.94% |
| Waterways Leisure Tour L | 7,617 | 190.0 | — | 92.3% |
| Electronics Mart Ind Ltd | 7,361 | 37.5 | 4.52 | 6.24% |
| Lemon Tree Hotels Ltd | 8,403 | 32.8 | 6.02 | 19.2% |
| Sapphire Foods India Ltd | 7,186 | 2920.0 | 5.17 | -1.03% |
Which Mutual Funds Hold V2 Retail Limited?
Frequently Asked Questions about V2 Retail Limited
V2 Retail Limited (V2RETAIL) closed at ₹214.72 on NSE on 25 September 2026, up 0.25 (0.12%) from the previous close.
V2 Retail Limited trades on the NSE (National Stock Exchange of India) under the symbol V2RETAIL.
V2 Retail Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 49.4.
V2 Retail Limited has a dividend yield of 0.0%.
V2 Retail Limited's 52-week high is ₹259.0 and its 52-week low is ₹172.0.
V2 Retail Limited has a market capitalisation of ₹7,830 crore.
V2 Retail Limited has a TopFund Quality Score of 50/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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