V2 Retail
V2 Retail Q4 FY25 earnings call: Revenue & Margins
Q4 FY25 earnings call: what management said on revenue, margins and capex.
The short version
Targeting to open 100 new stores annually over the next 4-5 years, driving rapid expansion. Revenue growth guidance for FY26 & FY27 is 45% to 50%, driven by new stores and 8% to 10% same-store sales growth (SSSG).
From V2 Retail's Q4 FY25 earnings-call transcript · updated 26 Aug 2026.
Revenue & Sales Performance
- Targeting to open 100 new stores annually over the next 4-5 years, driving rapid expansion.
- Revenue growth guidance for FY26 and FY27 is 45% to 50%, driven by both new stores and same store sales growth (SSSG) of 8% to 10%.
- Expected same store sales growth to normalize to 8%-10% after strong performance of 29% SSSG in FY25.
- Volume growth remains strong, with 43% growth in FY25, supported by increased store count and product acceptance.
- Store-level EBITDA margins are expected to be in the range of 8%-9% pre-IndAS for FY26; slight operating leverage anticipated.
2 more points from V2 Retail's call on revenue
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Profitability & Margins
See what V2 Retail said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Current year (FY25) CAPEX for store openings is about INR 220 crores for 100 stores (INR 110 crores CAPEX + INR 110-120 crores inventory).
- Warehouse CAPEX: Approximately INR 20 crores per 1 lakh sq ft warehouse; current warehouse capacity can service 70-80 stores; new zonal warehouse finalized in Calcutta.
- Future store expansion plan: Targeting 100 new stores annually for next 4-5 years, primarily funded through internal accruals.
- Strategic investment includes optimization in subsidiary (V2 Smart), reducing capital intensity by outsourcing manufacturing to vendor partners, improving cost efficiency.
- Inventory efficiency efforts include reducing safety stock days by 6-7 days (from 30 days) through better vendor planning and on-time deliveries.
2 more points from V2 Retail's call on capex
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Fundraising & Capital Structure
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Order Book & Pipeline
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V2 Retail — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q3 FY26): revenue ₹929 Cr, net profit ₹102 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What V2 Retail's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q1 FY25 earnings call →
- Q3 FY22 earnings call →
- Q2 FY22 earnings call →
- Q1 FY22 earnings call →
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Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were V2 Retail Q4 FY25 results?
Targeting to open 100 new stores annually over the next 4-5 years, driving rapid expansion. Revenue growth guidance for FY26 & FY27 is 45% to 50%, driven by new stores and 8% to 10% same-store sales growth (SSSG).
What is V2 Retail share price analysis?
V2 Retail currently shows a neutral. The stock trades at a P/E of 48.9 with a market cap of ₹8,012 Cr. Investors should review the full earnings analysis for detailed insights.
Is V2 Retail planning capital expenditure?
Current year (FY25) CAPEX for store openings is about INR 220 crores for 100 stores (INR 110 crores CAPEX + INR 110-120 crores inventory).
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.