V2 Retail Limited (V2RETAIL) AI Stock Analysis

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V2 Retail Limited

(NSE:V2RETAIL)

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Rating:52Neutral

Price Target:INR 150.00▲(0.70% Upside)

Action:reiterated

Date:10/15/26

The score is held back primarily by weak cash flow (latest year negative operating and free cash flow) and a leveraged balance sheet, despite strong revenue growth and improved profitability. Technicals also trend bearish with the stock below major moving averages and negative MACD, while valuation appears relatively rich at ~33.7x earnings without a stated dividend yield.

Positive Factors

Revenue GrowthMulti-year revenue acceleration indicates expanding demand for the retailer's value-fashion offer and continued market reach. Growth remained strong after the FY2025 surge, providing a durable base for scale benefits and reinvestment over the next several quarters.

Negative Factors

Negative Cash GenerationThe latest reversal from positive cash generation to negative operating and free cash flow is a material deterioration in financial quality. It can constrain internally funded growth and increase reliance on financing while the company manages expansion, making execution more sensitive over the next few quarters.

V2 Retail Limited (V2RETAIL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 53.77B
Dividend Yield: ―
Average Volume (3M): 137.19K
Price to Earnings (P/E): 29.1
Beta (1Y): 0.66
Revenue Growth: 63.30%
EPS Growth: 117.94%
Country: India
Employees: 10,561
Sector: General
Sector Strength: 55
Industry: Apparel - Retail

V2 Retail Limited Business Overview & Revenue Model

Company Description

V2 Retail Limited is an Indian enterprise specializing in the retail distribution of clothing, textiles, and fashion accessories. The company offers its merchandise through a portfolio of proprietary brands, such as Godspeed, Herrlich, Glamora, ebell...

V2 Retail Limited Financial Statement Overview

Summary

Income statement strength (78) shows rapid multi-year revenue growth and a clear profitability turnaround, but this is offset by a leveraged balance sheet (62) and, most importantly, a sharp deterioration in cash generation (cash flow score 34) with negative operating and free cash flow in the latest year—raising near-term liquidity/execution risk.

Income Statement

78Positive

Balance Sheet

62Positive

Cash Flow

34Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	34.32B	30.67B	18.84B	11.61B	8.39B	6.28B
Gross Profit	6.36B	5.01B	2.93B	1.21B	2.86B	586.29M
EBITDA	5.15B	4.61B	2.65B	1.54B	913.18M	819.19M
Net Income	1.79B	1.62B	720.32M	278.11M	-128.17M	-116.77M
Balance Sheet
Total Assets	0	24.22B	16.28B	10.27B	7.94B	7.92B
Cash, Cash Equivalents and Short-Term Investments	59.50M	193.07M	94.04M	94.48M	62.28M	74.13M
Total Debt	0	9.95B	8.50B	5.25B	4.24B	3.98B
Total Liabilities	-9.02B	15.20B	12.82B	7.52B	5.47B	5.34B
Stockholders Equity	9.02B	9.02B	3.46B	2.75B	2.47B	2.58B
Cash Flow
Free Cash Flow	239.50M	-4.31B	224.64M	539.16M	732.76M	418.49M
Operating Cash Flow	1.10B	-2.00B	1.57B	934.25M	863.57M	586.14M
Investing Cash Flow	-772.44M	-2.19B	-1.31B	-392.98M	-122.73M	-157.11M
Financing Cash Flow	-272.03M	4.16B	-265.06M	-495.98M	-757.02M	-582.92M

V2 Retail Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price148.95

Price Trends

50DMA195.78Negative

100DMA210.01Negative

200DMA207.90Negative

Market Momentum

MACD-11.82Negative

RSI29.08Positive

STOCH11.59Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:V2RETAIL, the sentiment is Negative. The current price of 148.95 is below the 20-day moving average (MA) of 164.26, below the 50-day MA of 195.78, and below the 200-day MA of 207.90, indicating a bearish trend. The MACD of -11.82 indicates Negative momentum. The RSI at 29.08 is Positive, neither overbought nor oversold. The STOCH value of 11.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:V2RETAIL.

V2 Retail Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:V2RETAIL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:TRENT	67Neutral	INR 1.61T	68.40	―	0.20%	18.45%	16.89%
IN:MANYAVAR	64Neutral	INR 116.19B	30.12	―	1.62%	1.95%	-2.63%
IN:GOCOLORS	60Neutral	INR 12.80B	24.28	―	―	-1.51%	-38.13%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:ABLBL	52Neutral	INR 85.91B	48.63	―	0.71%	―	―
IN:KALAMANDIR	52Neutral	INR 9.95B	6.91	―	2.31%	4.83%	20.42%
IN:V2RETAIL	52Neutral	INR 54.31B	29.11	―	―	63.30%	117.94%

* General Sector Average

Performance Comparison

IN:V2RETAIL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:V2RETAIL	V2 Retail Limited	148.95	-100.56	-40.30%
IN:GOCOLORS	Go Fashion (India) Limited	243.35	-395.55	-61.91%
IN:KALAMANDIR	Sai Silks (Kalamandir) Ltd.	64.91	-110.15	-62.92%
IN:MANYAVAR	Vedant Fashions Limited	478.20	-155.61	-24.55%
IN:TRENT	Trent Limited	3015.10	-122.13	-3.89%
IN:ABLBL	Aditya Birla Lifestyle Brands Limited	70.39	-64.94	-47.99%

V2 Retail Limited Corporate Events

V2 Retail Closes Insider Trading Window Ahead of Q2 FY27 Results

Sep 28, 2026

V2 Retail Limited has announced the closure of its trading window for designated insiders from 1 October 2026 until 48 hours after the release of its unaudited financial results for the second quarter and half year ended 30 September 2026. The move i...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 15, 2026

V2 Retail Limited AI Stock Analysis

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