V2 Retail enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


5,641	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
6.0	6.0	9.0	9.4	4.9
254	254	116	90.8	53.7
5,889	—	—	—	—
248	248	107	81.4	48.8
₹161.51	—	—	—	—

1,156	1,156	462	366	301
22.0%	22.0%	25.0%	24.9%	17.9%
0.04×	—	—	—	—

1.72×	—	—	—	—
11.60×	—	—	—	—
20.05×	—	—	—	—
3,432	3,067	1,884	1,165	839
508	455	258	148	84.0
294	273	159	71.1	16.9
—	−103	223	93.4	86.4
−334	−334	88.5	54.2	73.3
—	−358	70.9	48.8	63.4
—	231	134	39.2	13.1

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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

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	5,641.3
- Cash, Equiv & ST Investments	4.9	9.4	9.0	6.0	6.0
+ Total Debt	53.7	90.8	115.6	253.9	253.9
Enterprise Value	—	—	—	—	5,889.3
Net Debt (memo)	48.8	81.4	106.6	248.0	248.0
EV per Share	—	—	—	—	161.51

Total Capital	300.6	365.6	461.9	1,156.2	1,156.2
Total Debt/Total Capital	17.86	24.85	25.02	21.96	21.96
Total Debt/EV	—	—	—	—	0.04

EV/Sales	—	—	—	—	1.72
EV/EBITDA	—	—	—	—	11.60
EV/EBIT	—	—	—	—	20.05
Reference Items — Trailing FY Values
Sales	838.9	1,164.7	1,884.5	3,067.1	3,432.0
EBITDA	84.0	147.8	257.8	455.5	507.7
EBIT	16.9	71.1	159.2	273.3	293.7
Operating Cash Flow	86.4	93.4	223.0	-103.4	—
Free Cash Flow	73.3	54.2	88.5	-334.4	-334.4
FCFF (free cash flow to the firm)	63.4	48.8	70.9	-358.1	—
Capital Expenditure	13.1	39.2	134.4	231.0	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

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%.