Nifty
Sensex
:
:
25571.25
82814.71
116.90 (0.46%)
316.57 (0.38%)

Retailing

Rating :
68/99

BSE: 532867 | NSE: V2RETAIL

1986.70
20-Feb-2026
  • Open
  • High
  • Low
  • Previous Close
  •  1980.3
  •  2017.6
  •  1952.5
  •  2000.60
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  65444
  •  129144673.5
  •  2564.1
  •  1465.05

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 7,238.42
  • 48.13
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 7,390.78
  • N/A
  • 8.14

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 51.43%
  • 4.35%
  • 28.29%
  • FII
  • DII
  • Others
  • 3.01%
  • 7.94%
  • 4.98%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 18.90
  • 28.46
  • 30.97

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 23.11
  • 39.08
  • 24.90

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 19.27
  • -
  • -

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 39.63
  • -
  • 87.06

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.31
  • 6.73
  • 10.13

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 16.11
  • 12.46
  • 16.94

Earnings Forecasts:

(Updated: 21-02-2026)
Description
2024
2025
2026
2027
Adj EPS
20.82
43.8
77.55
115.3
P/E Ratio
95.42
45.36
25.62
17.23
Revenue
1879.66
3042
4550.5
6523
EBITDA
257.82
413
620
898
Net Income
72.03
155
274.5
407.5
ROA
5.49
P/B Ratio
19.84
8.01
6.39
4.87
ROE
23.2
19.7
25.4
30.25
FCFF
22.46
FCFF Yield
0.27
Net Debt
840.55
-206
-206
-307
BVPS
100.12
248
311
408

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
929.18
590.94
57.24%
708.64
380.01
86.48%
632.22
415.03
52.33%
498.51
296.04
68.39%
Expenses
755.48
479.46
57.57%
623.21
346.95
79.63%
544.98
359.57
51.56%
440.69
264.63
66.53%
EBITDA
173.70
111.49
55.80%
85.43
33.06
158.41%
87.24
55.46
57.30%
57.82
31.40
84.14%
EBIDTM
18.69%
18.87%
12.06%
8.70%
13.80%
13.36%
11.60%
10.61%
Other Income
4.28
1.19
259.66%
1.08
2.51
-56.97%
0.92
1.39
-33.81%
1.86
0.94
97.87%
Interest
21.96
17.83
23.16%
27.99
14.97
86.97%
22.77
13.71
66.08%
21.40
12.83
66.80%
Depreciation
45.74
26.32
73.78%
37.58
23.03
63.18%
32.09
21.37
50.16%
27.94
19.47
43.50%
PBT
137.98
68.53
101.34%
20.95
-2.43
-
33.29
21.77
52.92%
10.35
0.05
20,600.00%
Tax
35.91
17.34
107.09%
3.72
-0.49
-
8.63
5.43
58.93%
3.91
-3.55
-
PAT
102.06
51.19
99.37%
17.23
-1.93
-
24.66
16.34
50.92%
6.44
3.60
78.89%
PATM
10.98%
8.66%
2.43%
-0.51%
3.90%
3.94%
1.29%
1.22%
EPS
27.99
14.80
89.12%
4.98
-0.56
-
7.13
4.72
51.06%
1.86
1.04
78.85%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 15
Net Sales
2,768.55
1,884.50
1,164.73
838.88
629.22
538.65
701.23
298.32
Net Sales Growth
64.60%
61.80%
38.84%
33.32%
16.81%
-23.18%
135.06%
 
Cost Of Goods Sold
1,938.77
1,285.27
766.79
553.38
402.40
357.88
505.00
205.37
Gross Profit
829.78
599.22
397.93
285.51
226.82
180.77
196.23
92.95
GP Margin
29.97%
31.80%
34.16%
34.03%
36.05%
33.56%
27.98%
31.16%
Total Expenditure
2,364.36
1,624.75
1,016.40
753.43
562.21
488.73
623.81
269.99
Power & Fuel Cost
-
42.63
30.59
26.63
20.72
14.83
19.90
5.04
% Of Sales
-
2.26%
2.63%
3.17%
3.29%
2.75%
2.84%
1.69%
Employee Cost
-
159.20
105.47
88.61
63.00
50.68
62.93
18.35
% Of Sales
-
8.45%
9.06%
10.56%
10.01%
9.41%
8.97%
6.15%
Manufacturing Exp.
-
65.43
68.33
39.86
33.90
27.90
9.39
1.14
% Of Sales
-
3.47%
5.87%
4.75%
5.39%
5.18%
1.34%
0.38%
General & Admin Exp.
-
29.87
18.06
19.45
13.32
15.87
11.75
21.31
% Of Sales
-
1.59%
1.55%
2.32%
2.12%
2.95%
1.68%
7.14%
Selling & Distn. Exp.
-
38.72
23.02
21.32
25.44
18.95
14.31
18.78
% Of Sales
-
2.05%
1.98%
2.54%
4.04%
3.52%
2.04%
6.30%
Miscellaneous Exp.
-
3.64
4.13
4.17
3.42
2.61
0.52
0.00
% Of Sales
-
0.19%
0.35%
0.50%
0.54%
0.48%
0.07%
0%
EBITDA
404.19
259.75
148.33
85.45
67.01
49.92
77.42
28.33
EBITDA Margin
14.60%
13.78%
12.74%
10.19%
10.65%
9.27%
11.04%
9.50%
Other Income
8.14
6.96
8.30
6.67
15.89
22.97
2.48
2.54
Interest
94.12
69.83
48.54
42.02
38.94
32.67
32.79
10.33
Depreciation
143.35
98.65
76.71
67.05
58.83
55.51
50.98
2.09
PBT
202.57
98.22
31.37
-16.95
-14.86
-15.29
-3.87
18.45
Tax
52.17
26.19
3.56
-4.14
-3.18
-2.45
-0.11
8.69
Tax Rate
25.75%
26.66%
11.35%
24.42%
21.40%
16.02%
-1.27%
47.10%
PAT
150.39
72.03
27.81
-12.82
-11.68
-12.84
8.78
9.75
PAT before Minority Interest
150.39
72.03
27.81
-12.82
-11.68
-12.84
8.78
9.75
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
5.43%
3.82%
2.39%
-1.53%
-1.86%
-2.38%
1.25%
3.27%
PAT Growth
117.33%
159.01%
-
-
-
-
-9.95%
 
EPS
41.20
19.73
7.62
-3.51
-3.20
-3.52
2.41
2.67

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 15
Shareholder's Funds
346.30
274.71
246.92
258.20
268.69
279.17
274.26
Share Capital
34.59
34.59
34.39
34.39
34.10
34.10
23.58
Total Reserves
311.71
240.12
209.72
222.71
230.81
243.67
249.99
Non-Current Liabilities
670.79
382.94
309.90
291.23
288.31
256.56
-239.37
Secured Loans
15.57
7.76
0.00
0.00
0.12
4.94
0.00
Unsecured Loans
3.35
8.60
7.22
5.61
0.00
0.00
15.59
Long Term Provisions
8.30
6.32
4.44
4.04
2.80
2.39
6.96
Current Liabilities
576.52
341.02
204.44
215.34
231.99
163.14
107.49
Trade Payables
325.39
193.25
106.46
119.54
131.44
103.25
35.22
Other Current Liabilities
125.17
71.91
48.72
44.73
48.61
30.37
71.80
Short Term Borrowings
93.09
72.73
46.48
48.82
49.75
27.59
0.00
Short Term Provisions
32.87
3.13
2.78
2.25
2.19
1.93
0.47
Total Liabilities
1,593.61
998.67
761.26
764.77
788.99
698.87
142.38
Net Block
863.07
479.65
408.12
393.83
394.94
338.79
18.25
Gross Block
1,280.20
821.35
680.31
681.01
624.19
512.52
24.64
Accumulated Depreciation
417.13
341.70
272.19
287.17
229.24
173.73
6.39
Non Current Assets
911.31
512.24
435.39
421.99
428.20
391.02
55.32
Capital Work in Progress
4.15
0.23
0.41
0.00
4.62
4.11
1.16
Non Current Investment
0.00
0.00
0.00
0.00
0.00
0.00
30.39
Long Term Loans & Adv.
41.48
30.22
26.36
27.76
28.35
25.29
4.63
Other Non Current Assets
2.62
2.14
0.50
0.40
0.28
22.83
0.89
Current Assets
682.29
486.44
325.88
342.78
360.80
307.85
87.06
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
558.24
418.87
278.88
290.78
301.77
215.18
79.32
Sundry Debtors
0.10
0.06
0.07
1.32
0.66
0.01
0.13
Cash & Bank
9.40
9.89
5.14
7.40
22.60
67.53
1.12
Other Current Assets
114.55
6.19
0.84
0.69
35.78
25.13
6.49
Short Term Loans & Adv.
105.69
51.43
40.95
42.59
34.62
24.57
6.47
Net Current Assets
105.77
145.42
121.44
127.44
128.81
144.72
-20.43
Total Assets
1,593.60
998.68
761.27
764.77
789.00
698.87
142.38

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 15
Cash From Operating Activity
222.99
93.17
86.36
58.61
3.37
74.10
34.94
PBT
98.22
31.37
-16.95
-14.86
-15.29
8.67
18.45
Adjustment
157.29
136.44
111.67
89.74
79.43
67.15
11.56
Changes in Working Capital
-7.67
-73.89
-9.43
-17.06
-60.50
-1.43
4.94
Cash after chg. in Working capital
247.84
93.92
85.29
57.82
3.63
74.39
34.94
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-24.85
-0.75
1.06
0.80
-0.26
-0.29
0.00
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-130.73
-39.05
-12.27
-15.71
-20.30
6.54
-6.17
Net Fixed Assets
-469.52
-123.57
1.89
-43.28
-107.26
-481.04
Net Investments
0.00
0.00
0.00
0.00
0.00
15.39
Others
338.79
84.52
-14.16
27.57
86.96
472.19
Cash from Financing Activity
-92.70
-49.60
-75.70
-58.29
-21.64
-28.43
-29.80
Net Cash Inflow / Outflow
-0.43
4.53
-1.62
-15.39
-38.56
52.21
-1.02
Opening Cash & Equivalents
9.45
4.92
6.54
21.93
60.49
8.29
2.15
Closing Cash & Equivalent
9.01
9.45
4.92
6.54
21.93
60.49
1.12

Financial Ratios

Standalone /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 15
Mar 14
Mar 13
Mar 12
Book Value (Rs.)
100.12
79.42
70.98
74.76
77.68
81.45
116.03
117.16
120.33
122.65
ROA
5.56%
3.16%
-1.68%
-1.50%
-1.73%
2.09%
7.60%
-4.27%
-4.78%
-37.88%
ROE
23.20%
10.72%
-5.11%
-4.47%
-4.73%
3.19%
3.64%
-1.69%
-1.50%
-10.60%
ROCE
40.62%
23.99%
8.17%
7.58%
5.47%
12.64%
8.35%
1.07%
0.26%
-1.96%
Fixed Asset Turnover
1.79
1.55
1.23
0.96
0.95
2.61
13.54
15.60
11.72
4.24
Receivable days
0.01
0.02
0.30
0.57
0.23
0.03
0.15
0.17
1.04
2.62
Inventory Days
94.63
109.33
123.93
171.86
175.15
76.65
82.49
77.01
101.00
137.91
Payable days
73.64
71.33
74.53
113.83
119.68
41.63
42.14
43.00
46.19
25.41
Cash Conversion Cycle
21.00
38.02
49.70
58.61
55.69
35.05
40.50
34.17
55.85
115.12
Total Debt/Equity
0.33
0.33
0.22
0.21
0.20
0.12
0.25
0.32
0.26
0.21
Interest Cover
2.41
1.65
0.60
0.62
0.53
1.26
2.79
0.41
0.13
-0.83

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.