V2 Retail Limited — Q1FY27 Earnings Call Summary

V2RETAIL · Q1FY27 · Filed 17 Aug 2026

Key Takeaways

• Same-store sales growth guidance 8-10% for FY27; new stores at ~730 INR/sq ft sales
• Q1 FY27 revenue grew 58% y-y to INR997 Cr; EBITDA rose 60% y-y to INR139.5 Cr; PAT up 70% y-y to INR41.9 Cr
• Gross margin at 28.6%, guided to maintain 29-30% range depending on sell-through
• Operating leverage expected to improve as new stores mature beyond FY29
• Added 56 net stores in Q1; total 381 stores as of June 30, 2026; targeting 170-200 new stores in FY27
• Price hikes of 4-5% planned from Q3 due to raw material cost increases
• Inventory targeted at 90-100 days; creditor days 45-50; working capital managed via prepayments
• Focus on fabric standardization, AI-driven analytics, and team strengthening for 50% CAGR growth
• Repeat customer rate improved from 40% to 55% over 3 years; customer experience tracked via NPS
• Lease terms 9-11 years with 12-15% escalation every 3 years; stores mostly standalone

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.