V2 Retail balance sheet

As of Mar 2026

Total assets: ₹2,422cr+48.8% on Mar 2025
Shareholders' equity: ₹902cr+160.6% on Mar 2025
Total debt: ₹254cr+119.7% on Mar 2025
Cash and investments: ₹6.0cr−34.0% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	310	210	116	98.6
	36.0	4.2	0.2	0.1
	658	652	—	—
	1.2	0.6	2.1	3.7
	0.0	—	0.0	0.3
	0.0	1.4	0.0	0.0
	34.2	15.4	372	314
	34.2	16.8	372	314
	33.1	30.7	28.5	32.0
	30.5	27.3	21.8	18.6
	1,102	942	541	467
	1,142	558	419	279
	1.6	0.1	0.1	0.1
	6.0	9.0	9.4	4.9
	0.7	0.4	0.4	0.2
	12.7	10.1	6.1	1.1
	20.9	19.6	16.0	6.3
	157	109	51.6	41.7
	1,320	686	486	327
	2,422	1,628	1,027	794
Equity
	36.5	34.6	34.6	34.4
	866	312	240	213
	902	346	275	247
	902	346	275	247
Liabilities
	24.1	18.9	17.3	7.2
	570	697	389	330
	594	716	406	338
	12.3	8.3	6.3	4.4
	606	724	412	342
	230	96.7	73.5	46.5
	463	369	194	107
	199	78.4	65.9	47.0
	892	544	333	201
	5.2	3.9	3.1	2.4
	5.7	3.8	0.0	0.4
	10.9	6.2	4.0	1.5
	914	558	340	205
	1,520	1,282	752	547
	2,422	1,628	1,027	794
Trade payables — MSME split
	43.8	39.7	—	—
	419	330	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

V2RETAIL₹154.71

V2 Retail Ltd.

· Consumer Services

₹ CrorePeersVMART VMM TRENT THOMASCOOK WESTLIFE WEWORK SMARTWORKS SAMHIMcap ₹5,641 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	98.6	116.1	210.1	309.7	309.7
+ Capital Work-in-Progress	0.1	0.2	4.2	36.0	36.0
+ Investment Property	—	—	652.4	657.5	657.5
+ Other Intangibles	3.7	2.1	0.6	1.2	1.2
+ Intangibles under Development	0.3	0.0	—	0.0	0.0
+ Long-term Loans	0.0	0.0	1.4	0.0	0.0
+ Other Non-current Financial Assets	314.1	372.1	15.4	34.2	34.2
Non-current Financial Assets	314.1	372.1	16.8	34.2	34.2
+ Deferred Tax Assets	32.0	28.5	30.7	33.1	33.1
+ Other Non-current Assets	18.6	21.8	27.3	30.5	30.5
Total Non-current Assets	467.4	540.7	942.0	1,102.2	1,102.2
Current Assets
+ Inventories	278.9	418.9	558.2	1,141.8	1,141.8
+ Trade Receivables	0.1	0.1	0.1	1.6	1.6
+ Cash & Cash Equivalents	4.9	9.4	9.0	6.0	6.0
+ Other Bank Balances	0.2	0.4	0.4	0.7	0.7
+ Other Current Financial Assets	1.1	6.1	10.1	12.7	12.7
Current Financial Assets	6.3	16.0	19.6	20.9	20.9
+ Other Current Assets	41.7	51.6	108.5	157.4	157.4
Total Current Assets	326.9	486.4	686.4	1,320.1	1,320.1
Total Assets	794.3	1,027.1	1,628.4	2,422.2	2,422.2
Equity
+ Equity Share Capital	34.4	34.6	34.6	36.5	36.5
+ Other Equity / Reserves	212.5	240.1	311.7	865.9	865.9
Equity — Owners of Parent	246.9	274.7	346.3	902.3	902.3
Total Equity	246.9	274.7	346.3	902.3	902.3
Liabilities
+ Borrowings — Non-current	7.2	17.3	18.9	24.1	24.1
+ Other Non-current Financial Liab	330.5	388.7	696.6	569.5	569.5
Non-current Financial Liabilities	337.7	406.0	715.5	593.6	593.6
+ Provisions — Non-current	4.4	6.3	8.3	12.3	12.3
Non-current Liabilities	342.1	412.3	723.8	605.9	605.9
+ Borrowings — Current	46.5	73.5	96.7	229.8	229.8
+ Trade Payables	107.5	193.5	369.4	463.3	463.3
+ Other Current Financial Liab	47.0	65.9	78.4	199.1	199.1
Current Financial Liabilities	200.9	332.9	544.4	892.1	892.1
+ Provisions — Current	2.4	3.1	3.9	5.2	5.2
+ Current Tax Liabilities	0.4	0.0	3.8	5.7	5.7
+ Other Current Liabilities	1.5	4.0	6.2	10.9	10.9
Current Liabilities	205.2	340.1	558.3	913.9	913.9
Total Liabilities	547.4	752.4	1,282.1	1,519.9	1,519.9
Total Equity & Liabilities	794.3	1,027.1	1,628.4	2,422.2	2,422.2
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	39.7	43.8	43.8
+ Dues to Other Creditors — Current	—	—	329.7	419.4	419.4

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.