V2 Retail Limited (V2RETAIL) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of V2 Retail Limited ₹97.78, price ₹201, upside -51.5%, quality 47 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch V2 Retail Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range ₹6.97 – ₹256.40 · fair‑value band ₹73.33 – ₹122.22 · the ₹201.39 price screens above the ₹97.78 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
Follow V2 Retail in your weekly email
Every Wednesday you see whether V2 Retail is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
V2 Retail Limited, together with its subsidiary, V2 Smart Manufacturing Private Limited, engages in the retail trade of apparel and garments, textiles, and accessories in India. It also manufactures apparel. The company engages in the retail sale of readymade garments, hosiery goods, and other articles of clothing and clothing accessories.
Show more
V2 Retail Limited, together with its subsidiary, V2 Smart Manufacturing Private Limited, engages in the retail trade of apparel and garments, textiles, and accessories in India. It also manufactures apparel. The company engages in the retail sale of readymade garments, hosiery goods, and other articles of clothing and clothing accessories. It sells its products under the GODSPEED, Herrlich, Glamora, ebellia, Boady and Mind, and Honey Brats brands. The company was formerly known as Vishal Retail Ltd and changed its name to V2 Retail Limited in February 2012. V2 Retail Limited was incorporated in 2001 and is based in Gurugram, India.
Stock analysis
V2 Retail Limited (V2RETAIL) currently trades at ₹201.39, while our model-based Fair Value estimate is ₹97.78, 51.5% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹188.13 per share, and 1 of the 15 models we run sit above the ₹201.39 price.
Bear case: the Asset-Based group reads lowest at ₹16.58, and 14 of the 15 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹73.33 (bear) to ₹122.22 (bull), the price of ₹201.39 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
V2 Retail Limited reported revenue of ₹30.7B in FY2026 versus ₹6.3B in FY2022, a compound +48.7%/yr. Reported net income was ₹1.6B in FY2026.
Key figures
Market cap ₹71.3B (≈ $740M) · P/E ratio 40.2 · P/S ratio 2.12 · EPS (TTM) ₹5.01 · Net margin 5.3% · Return on equity 26.0% · Return on assets (EBIT) 6.3% · Operating margin 7.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at −51%, V2RETAIL screens richer than that median.
Fair Value models
Bear ₹73.33Fair Value ₹97.78Bull ₹122.22
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹2.54 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+62.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+54.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+41.7%
Start year 2021 (pandemic). Over 10 years: +25.4% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.6%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +78.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+78.3%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.78.3% vs 29.3%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−1% → 9%
Start year 2021 (pandemic)
⚠ Approximate: the rate leans on 2026, which sits 217% above its own trend.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Apparel Retail · 99 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside−51.4% · Bottom 25%
Profitability
Return on equity (TTM)26.0% · Top 25%
Return on assets9.0% · Top 25%
Net margin (TTM)5.2% · Above median
Operating margin (TTM)7.6% · Above median
Growth and dividend
Revenue growth57.7% · Top 25%
Balance sheet
Debt / equity0.03× · Above median
Valuation Multiplesvs Apparel Retail median · lower = cheaper
P/E (TTM)40.2× · Priciest 25%
P/B7.90× · Priciest 25%
P/S (TTM)2.08× · Priciest 25%
EV/EBITDA19.6× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 52
FUTURE (revenue growth)100· sector 11
PAST (return on equity)100· sector 35
HEALTH (low debt)99· sector 100
DIVIDEND (yield)0· sector 58
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is V2 Retail Limited (V2RETAIL) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of ₹97.78 versus a price of ₹201.39, about −51% upside (overvalued).
What is the fair value of V2RETAIL?
Our model-based fair value for V2 Retail Limited is ₹97.78 (as of Oct 2, 2026), built from audited fundamentals. The current price: ₹201.39.
What is the quality score of V2RETAIL?
V2 Retail Limited has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for V2 Retail Limited (V2RETAIL)?
Our model-based price target is the fair value of ₹97.78 (as of Oct 2, 2026) from 15 valuation models. Cautious scenario ₹73.33, optimistic scenario ₹122.22. It is a calculation from audited fundamentals, not an analyst target.
What is the V2 Retail Limited stock forecast for 2026?
Our models put fair value at ₹97.78, about −51% upside versus a price of ₹201.39 (overvalued). Cautious scenario ₹73.33, optimistic scenario ₹122.22. The calculation is refreshed regularly with new filings.
What is the revenue of V2 Retail Limited (V2RETAIL)?
V2 Retail Limited reported trailing-twelve-month revenue of about ₹34.3B (latest available figure, as of Oct 2, 2026).
What is the intrinsic value of V2 Retail Limited (V2RETAIL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For V2 Retail Limited it is ₹97.78 per share (as of Oct 2, 2026), against a price of ₹201.39. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is V2 Retail Limited stock overvalued or undervalued in 2026?
As of Oct 2, 2026, V2RETAIL trades above its calculated fair value: price ₹201.39, fair value ₹97.78, a gap of about −51% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of V2RETAIL?
No. The price is what the market pays today (₹201.39); the fair value is what the company's own numbers justify (₹97.78). For V2 Retail Limited the two are ₹103.61 per share apart. That gap is exactly why we show both numbers side by side.
How much is V2 Retail Limited worth?
The market values V2 Retail Limited at about ₹71.3B (market capitalisation, as of Oct 2, 2026). Per share that is ₹201.39; our models calculate a fair value of ₹97.78 per share.
What do the bullish and bearish scenarios say about V2RETAIL?
Our models span a range for V2 Retail Limited: cautious scenario ₹73.33, base ₹97.78, optimistic ₹122.22 per share (as of Oct 2, 2026, price ₹201.39). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of V2RETAIL?
V2 Retail Limited trades at a price-to-earnings ratio of 40.2 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹97.78 is built from several models across several years. Other multiples: P/B 7.9, P/S 2.1, EV/EBITDA 19.6.
How solid is the balance sheet of V2 Retail Limited (V2RETAIL)?
Balance-sheet figures for V2 Retail Limited (as of Oct 2, 2026): return on equity 26.0%, debt of 0.03 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is V2RETAIL from its 52-week high?
V2 Retail Limited trades at ₹201.39, about 21% below its 52-week high of ₹256.40 and 11% above the low of ₹181.06 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹97.78 is for.
Which stocks are comparable to V2 Retail Limited?
From the same area (Consumer Cyclical) we also value Industria de Diseño Textil, S.A, Fast Retailing Co, The TJX Companies, Inc, Ross Stores, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is V2 Retail Limited stock attractive at the current price?
The data as of Oct 2, 2026: price ₹201.39, calculated fair value ₹97.78 (−51%), Quality Score 47/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of V2RETAIL calculated?
We run V2 Retail Limited through 15 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹97.78, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. V2 Retail Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of V2 Retail Limited (V2RETAIL)?
The closing price on Oct 1, 2026 was ₹201.39. Our model-based fair value is ₹97.78, about −51% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with V2 Retail Limited right now?
The price sits above even our optimistic bull case (₹122.22). The favourable scenario is already priced in. Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of V2 Retail Limited (V2RETAIL) come from?
Earnings per share at V2 Retail Limited grew +17.9 % a year from 2015 to 2026. Broken into its drivers: revenue per share +21.2 %, EBIT margin +0.2 %, tax rate +1.3 %, residual (interest, one-offs) −4.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of V2 Retail Limited
How large is the market capitalisation of V2 Retail Limited (V2RETAIL)?
The market capitalisation of V2 Retail Limited is ₹71.3B (≈ $740M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of V2 Retail Limited (V2RETAIL)?
The price-to-sales ratio of V2 Retail Limited is 2.12 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of V2 Retail Limited (V2RETAIL)?
Earnings per share at V2 Retail Limited are ₹5.01 (price ÷ EPS = P/E 40.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of V2 Retail Limited (V2RETAIL)?
The net margin of V2 Retail Limited is 5.3% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of V2 Retail Limited (V2RETAIL)?
The return on equity (ROE) of V2 Retail Limited is 26.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of V2 Retail Limited (V2RETAIL)?
On an EBIT basis the return on assets of V2 Retail Limited is 6.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of V2 Retail Limited (V2RETAIL)?
The operating margin of V2 Retail Limited is 7.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at V2 Retail Limited (V2RETAIL)?
Revenue at V2 Retail Limited is growing +57.7% versus a year earlier (3y avg +54.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at V2 Retail Limited (V2RETAIL)?
Earnings per share at V2 Retail Limited are growing +61.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does V2 Retail Limited (V2RETAIL) generate?
The free cash flow of V2 Retail Limited is −₹4.3B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does V2 Retail Limited (V2RETAIL) carry?
The net debt of V2 Retail Limited is ₹9.9B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch V2 Retail Limited in the live analysis
One click puts V2 Retail Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
