V2 Retail opens 400th store, adds 75 outlets in FY27
V2 Retail Limited has reached a key operational milestone by opening its 400th store. The retailer added 75 net new stores in the current financial year, reflecting rapid expansion. The filing highlights the company's commitment to sustainable growth and accessibility in the fashion retail sector.

*this image is generated using AI for illustrative purposes only.
V2 Retail has opened its 400th store, marking a significant milestone in its retail expansion strategy. The company disclosed this achievement in an intimation filed with stock exchanges on August 11, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The opening underscores the brand’s rapid scaling capabilities and growing footprint across India.
In the current financial year alone, V2 Retail added 75 new stores on a net basis. This aggressive addition rate highlights the company's execution strength and its ability to replicate its business model efficiently. The expansion is driven by a focus on building a trusted brand that resonates with customers while maintaining operational excellence.
Expansion Details
The company’s growth trajectory is evident in its recent store additions. Below is a summary of the key operational milestones:
| Metric | Count |
|---|---|
| Total Stores Opened | 400 |
| Net New Stores Added in Current FY | 75 |
The 400th store joins an existing network spread across various Indian states, including Andhra Pradesh, Himachal Pradesh, and Jammu & Kashmir. This geographic diversification indicates a robust pan-India presence rather than concentration in a single region.
Strategic Focus
Ram Chandra Agarwal, Founder of V2 Retail, emphasized that the milestone reflects the trust of consumers across Bharat. He stated that the company remains committed to pursuing growth in a sustainable, responsible, and inclusive manner. The core objective is to ensure that great fashion remains accessible to everyone, fostering a culture of excellence through customer trust.
Management attributed this success to the collaborative spirit of the team and the support of stakeholders, partners, and employees. The company views this not merely as an increase in physical footprint but as a step toward enhancing value for all stakeholders involved in its journey.
What the Numbers Show
The addition of 75 net stores in a single financial year represents a substantial acceleration in store rollout. When viewed against the total count of 400, these new openings constitute approximately 18.75% of the entire network. This high proportion of recent additions suggests that a significant portion of V2 Retail’s current revenue-generating assets are relatively new, potentially indicating lower maturity in terms of same-store sales history for nearly one-fifth of its portfolio. However, it also signals strong recent capital deployment and market penetration efforts.
Historical Stock Returns for V2 Retail
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.56% | +1.48% | +0.75% | +12.98% | +28.20% | +1,889.96% |
How will the rapid addition of 75 new stores impact V2 Retail's short-term EBITDA margins given the typical ramp-up period for same-store sales?
What specific capital expenditure plans has V2 Retail outlined to sustain this aggressive expansion rate in the upcoming fiscal year?
How does V2 Retail intend to manage supply chain logistics and inventory turnover across its newly diversified geographic footprint including Jammu & Kashmir and Himachal Pradesh?


































