V2RETAIL NSE filing

V2 Retail Limited Q4 FY26 Earnings Call Transcript Released

The RealCase readHigh impact Positive

V2 Retail Limited released its Q4 & FY26 earnings call transcript. Q4 revenue grew 60% YoY to ₹797 crore, with full-year revenue at ₹3,067 crore (up 63%). Q4 PAT was ₹17.5 crore (up 118% YoY), and full-year PAT was ₹162 crore (up 125% YoY). The company added 136 stores in FY26, reaching 325 stores.

Why it matters

The announcement provides detailed financial results for the quarter and the full year, along with strategic updates on expansion and operational performance. This level of detail and the strong financial performance are material to investors.

The market read

The company reported strong financial results with significant year-on-year growth in revenue, EBITDA, and PAT. The expansion of store count and positive outlook for future growth also contribute to the positive sentiment.

V2 Retail Limited has announced the release of the transcript for their Q4 and FY 2025-26 earnings conference call, which was conducted on May 29, 2026. The transcript, also available on the company's website, details discussions on the company's financial performance, strategic investments, and future outlook.

During the call, the management highlighted a 60% year-on-year revenue growth for Q4 FY26, reaching ₹797 crores, and a full-year revenue growth of 63% to ₹3,067 crores. EBITDA for Q4 FY26 grew by 89% to ₹109 crores, with EBITDA margins at 13.7%. For the full year, EBITDA increased by 77% to ₹455 crores, and EBITDA margins improved to 14.9%. Profit After Tax (PAT) for Q4 FY26 was ₹17.5 crores, a significant jump from ₹6.4 crores in the previous year. Full-year PAT stood at a record ₹162 crores, a 125% increase year-on-year.

The company also reported adding 136 stores in FY26, bringing the total store count to 325, with a robust pipeline for further expansion. Management expressed confidence in sustaining momentum into FY27 and beyond, emphasizing continued investments in technology, store footprint expansion, and customer engagement.

Key updates from the call include the write-off of assets with a carrying value of ₹5.77 crores, resolving a prior audit qualification. The company reiterated its focus on the retail business, moving away from in-house manufacturing. They also discussed strategies for maintaining gross margins amidst rising raw material costs and provided guidance for future store additions and revenue growth.

Filing to action

What to do with a filing like this

V2 Retail Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by V2 Retail Limited. Read the original for the full detail.

View original filing