V2 Retail Reports Strong Growth Metrics for Q4 and FY26
V2 Retail Limited announced key operational and financial highlights for the fourth quarter and the full fiscal year 2026. The company reported sustained growth across multiple segments, marked by significant improvements in average bill values and expanding store presence.Key Operational Highlights
V2 Retail reported impressive sales figures for both the quarter and the full year, demonstrating robust consumer demand.Quarterly Performance (Q4 FY26)
For the fourth quarter of FY26, the company recorded a Same Stores Sales Growth (SSG) of approximately 7.74%. This growth was driven by varied segments, with Men's Wear contributing 41%, Ladies Wear 26%, Kids Wear 25%, and LifeStyle 8%.Key metrics for Q4 FY26 included:
- Average Bill Value (ABV): ₹ 925, an increase from ₹ 877 in Q4 FY25.
- Average Selling Price (ASP): ₹ 321, compared to ₹ 308 in Q4 FY25.
- Sales per square feet (PSF) per month: ₹ 794, down from ₹ 896 in Q4 FY25.
Full Year Performance (FY26)
Over the full fiscal year 2026, V2 Retail posted an SSG of approximately 8.58%. The revenue mix saw Men's Wear achieving 41%, Ladies Wear growing to 28%, Kids Wear at 24%, and LifeStyle at 7%.Year-over-Year (Y-o-Y) comparisons show continued growth:
- ABV: ₹ 925 in Q4 FY26, compared to ₹ 859 in FY25.
- ASP: ₹ 327 in FY26, compared to ₹ 297 in FY25.
- PSF per month: ₹ 925 in FY26, compared to ₹ 1,017 in FY25.
Store Network and Inventory
The company continued its expansion during the period.- Q4 FY26: The store count stood at 325 (opening 33 stores and closing 2). The total retail area was approximately 35.35 lakh sq.ft.
- FY26: The total store count reached 325 (opening 139 stores and closing 3), maintaining a total retail area of approximately 35.35 lakh sq.ft.
Financial Results Analysis
The company provided consolidated profit and loss figures for the reporting periods, showing significant year-over-year improvements.Consolidated Profit & Loss Statement (₹ Cr)
The following table summarizes the consolidated profit figures:| Particulars | Q4 FY26 | Q4 FY25 | Y-o-Y % Change | Q3 FY26 | FY26 | FY25 | Y-o-Y % Change |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 797.0 | 498.5 | 60% | 929.2 | 3,067.1 | 1,884.5 | 63% |
| Gross Profit | 241.4 | 137.7 | 75% | 301.3 | 927.1 | 551.3 | 68% |
| EBIDTA | 109.1 | 57.8 | 89% | 173.7 | 455.5 | 257.8 | 77% |
| Profit before Tax | 22.4 | 10.3 | 116% | 110.3 | 186.9 | 98.2 | 90% |
| PAT | 17.5 | 6.4 | 172% | 102.7 | 162.1 | 72.0 | 125% |
Consolidated Balance Sheet Highlights (₹ Cr)
The balance sheet reflects substantial growth in both assets and liabilities.| Particulars | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Total - ASSETS | 2,422 | 1,599 | 1,027 |
| Total - Equity | 902 | 346 | 275 |
| Total Non-Current Liabilities | 606 | 701 | 411 |
| Total - EQUITY AND LIABILITIES | 2,422 | 1,599 | 1,027 |
Historical Financial Growth Trajectory
Examining the historical consolidated data reveals a consistent upward trajectory:| Particulars ( ₹ in Cr) | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue from Operations | 629 | 839 | 1,165 | 1,884 | 3,067 |
| Growth (%) | 17% | 33% | 39% | 62% | 63% |
| EBIDTA | 65 | 84 | 148 | 258 | 455 |
| PAT | (12) | (13) | 28 | 72 | 162 |
The historical data indicates significant consecutive growth in the company's core revenue and profitability markers.
V2RETAIL Stock Price Movement
On Wednesday, V2 Retail Limited shares slipped by 2.15% to settle at ₹236.05. The stock saw a total volume of 1.15 million shares traded, shedding ₹5.13 from its previous closing value.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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