V2 Retail Surges Over 2% as Q1FY26 Revenue Jumps 51%, Store Count Reaches 216
By Shishta Dutta | Published at: Jul 3, 2025 11:48 AM IST
New Delhi, July 3, 2025 – V2 Retail Ltd (NSE: V2RETAIL) witnessed a surge in morning trade, rising 2.14%, following a robust financial update for Q1FY26. The company had a strong quarter, with a 51% year-on-year increase in standalone revenue.
The company also made strategic developments, as it expanded aggressively with 28 new store launches during the quarter, coupled with increased operational efficiency. The stock, however, remains under the LT ASM Stage 2 framework due to elevated valuations.
As of 11:11 AM, the company’s shares were trading at ₹1,822.00, a 0.05% intraday decrease.
Q1FY26 Financial Highlights
The company reported a 51% year-on-year increase in standalone revenue for the quarter ended June 30, 2025, reaching ₹628 crore, up from ₹415 crore in Q1FY25. Same-store sales grew 5%, or 10% on a normalised basis, excluding external disruptions.
| Metric | Q1FY26 | Q1FY25 | YoY Growth |
|---|---|---|---|
| Standalone Revenue (₹ crore) | 628 | 415 | +51% |
| Same Store Sales Growth | 5% | — | — |
| Normalised SSSG | 10% | — | — |
| New Stores Added | 28 | — | — |
| Total Store Count | 216 | — | — |
Stock Performance Snapshot
| Metric | Value |
|---|---|
| Last Traded Price | ₹1,822.00 |
| Previous Close | ₹1,823.60 |
| Intraday High | ₹1,890.00 |
| Intraday Low | ₹1,822.00 |
| 52-Week High | ₹2,097.00 (Feb 4, 2025) |
| 52-Week Low | ₹701.15 (Jul 10, 2024) |
| VWAP | ₹1,874.01 |
| Market Cap | ₹6,450.57 Cr |
| Free Float Mkt Cap | ₹2,881.04 Cr |
| P/E Ratio | 87.57 |
Volume & Liquidity
- Traded Volume: 0.65 lakh shares
- Traded Value: ₹12.17 crore
- Deliverable Quantity %: 77.28%
- Buy vs Sell Quantity: 9,568 vs 18,819
The stock remains under the LT ASM Stage 2 framework due to elevated valuations, with a price-to-earnings (P/E) ratio exceeding 50 over the past four quarters.
Strategic Developments
On the strategic front, the company expanded its footprint aggressively during the June quarter. It added 28 stores, increasing the total store count to 216. The expansion is accompanied by increased operational efficiency. Combined, it reflects a strong top-line growth and sustained consumer demand recovery in Tier II and III cities.
Outlook
Despite a marginal intraday dip, V2 Retail’s strong revenue growth and rapid store expansion have reinforced investor confidence. While the ASM Stage 2 tag may temper short-term upside, sustained performance could support long-term rerating as market sentiment aligns with growth visibility.
About the Company
V2 Retail Ltd, listed since July 2007, operates in the speciality retail segment with a focus on value fashion. The company has steadily grown its presence across India, targeting price-conscious consumers in underserved markets. It continues to scale its footprint while maintaining profitability metrics.
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