V2 Retail Limited

27rd May, 2025

BSE Ltd. National Stock Exchange of India Ltd.

Corporate Relation Department, Listing Department
Listing Department, Exchange Plaza, C-1, Block- G,
Rotunda Building, PJ Towers, Bandra Kurla Complex
Dalal Street, Mumbai – 400 023. Bandra (East) Mumbai–400 051
Scrip Code: 532867 NSE Symbol: V2RETAIL

Sub: Investor Presentation for Q4 FY 2024-25

Dear Sir/Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015,
please find enclosed herewith Investor Presentation for Q4 FY 2024-25.

The investor presentation shall also be uploaded on the website of the Company.

You are requested to kindly take the above on record.

Thanking you,
YOURS FAITHFULLY,
FOR V2 RETAIL LIMITED
Digitally signed by SHIVAM
SHIVAM AGGARWAL AGGARWAL
Date: 2025.05.28 01:27:54 +05'30'

SHIVAM AGGARWAL
COMPANY SECRETARY & COMPLIANCE OFFICER

Encl.: As above

Khasra No. 928, Extended Lal Dora Abadi Village Kapashera, Tehsil Vasant Vihar, South West Delhi, New Delhi, Delhi-110037
E-mail: customercare@[Link], Website: [Link],
CIN: L74999DL2001PLC147724, Tel.: 011-41771850
Q4 & FY25 Performance
Highlights
Q4 & FY25 Performance Highlights (Consolidated)

Revenue Gross Profit EBIDTA PAT

Q4 FY25

₹ 498.5 crore +68% ₹ 137.7 crore +66% ₹ 57.8 crore +84% ₹ 6.4 crore +79%
27.6% 11.6% 1.3%
FY25

₹ 1,884.5 crore +62% ₹ 551.3 crore +59% ₹ 257.8 crore +74% ₹ 72.0 crore +159%
29.3% 13.7% 3.8%

Manufacturing
Leading the way in Affordable, High Quality Fashion 3
3
 Key Operational Highlights Q4 FY25

Sales Per Square Feet

08 01 Same Stores Sales Growth
Sales per square feet (PSF) per Same stores sales growth (SSG)
month was ₹ 896 in Q4FY25 as stood at ~24% for Q4FY25.
compared to ₹ 830 in Q4FY24.

Stores Count & Retail Area

07 02 Volume Growth
189 Stores at the end of Q4FY25 Volume growth for Q4FY25 stood
(Opened 29) at 44% (Y-o-Y).

Total Retail Area ~ 20.27 lakh [Link].

MRP Sales Contribution

06 03 Average Selling Price
MRP Sales at 87% in Q4FY25 as ASP was ₹ 308 in Q4FY25 as
compared to 90% in Q4FY24. compared to ₹ 262 in Q4FY24.

Division wise Sales

05 04 Average Bill Value
ABV was ₹ 877 in Q4FY25 as
Men’s Wear 41%, Ladies Wear 27%
compared to ₹ 795 in Q4FY24.
Kids Wear 25% & LifeStyle 8%
4
Nos. are on Standalone basis 4
 Key Operational Highlights FY25

Sales Per Square Feet

08 01 Same Stores Sales Growth
Sales per square feet (PSF) per Same stores sales growth (SSG)
month was ₹ 1,017 in FY25 as stood at ~29% for FY25.
compared to ₹ 854 in FY24.

Stores Count & Retail Area

07 02 Volume Growth
189 Stores at the end of FY25 Volume growth for FY25 stood at
(Opened 74 & Closed 2) 43% (Y-o-Y).

Total Retail Area ~20.27 lakh [Link].

MRP Sales Contribution

06 03 Average Selling Price
MRP Sales at 89% in FY25 as ASP was ₹ 297 in FY25 as
compared to 87% in FY24. compared to ₹ 263 in FY24.

Division wise Sales

05 04 Average Bill Value
ABV was ₹ 859 in FY25 as
Men’s Wear 40%, Ladies Wear 27% compared to ₹ 797 in FY24.
Kids Wear 25% & LifeStyle 8%
5
Nos. are on Standalone basis 5
Q4 & FY25 Financial Highlights (Consolidated)

Revenue (₹ Cr) Gross Profit (₹ Cr)

29.3%

59%
62% 29.7%

1,884 551
66%
1,165 27.6% 346
68% 28.0%

33%
499 138
296 83

Q4 FY25 Q4 FY24 FY25 FY24 Q4 FY25 Q4 FY24 FY25 FY24

EBIDTA (₹ Cr) PAT (₹ Cr)

13.7%

(20.1)%
159%

(11.1)%
74%
12.7%
258 72
17.4%
12.9%

84%
11.6% 148 6
79% 28
10.6% 4
58 31
Q4 FY25 Q4 FY24 FY25 FY24
Q4 FY25 Q4 FY24 FY25 FY24
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6
FY25 Operational Parameters (Consolidated)

Inventory (Days of Sales) Creditors (Days of Sales)

Net Working Capital (Days of Sales) Return on Equity (ROE)

23.2%

10.7%

-5.1%

FY25 FY24 FY 23 7
7
Q4 & FY25 Operational Parameters

Sales Per Square Feet (PSF) per Month (₹) Same Stores Sales Growth (SSG)

40% 31%
29%
24%

Q4 FY25 Q4 FY24 FY25 FY24

Average Bill Value (ABV) (₹) Average Selling Price (ASP) (₹)

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Q4 & FY25 Profit & Loss - Consolidated
Y-O-Y Y-O-Y
Particulars (₹ Cr) Q4 FY25 Q4 FY24 Q3 FY25 FY25 FY24
% Change % Change
Revenue from Operations 498.5 296.0 68% 590.9 1,884.5 1,164.7 62%
Cost of Material Consumed 357.4 200.4 388.5 1,285.3 766.8
Direct Expenses 3.4 12.9 13.0 48.0 51.9
COGS 360.8 213.3 401.4 1,333.2 818.7
Gross Profit 137.7 82.8 66% 189.5 551.3 346.0 59%
GP Margin % 27.6% 28.0% 32.1% 29.3% 29.7%
Employee Expenses 42.3 29.5 42.3 159.2 105.5
Other Expenses 37.6 21.9 35.8 134.2 92.7
EBIDTA 57.8 31.4 84% 111.5 257.8 147.8 74%
EBIDTA Margin % 11.6% 10.6% 18.9% 13.7% 12.7%
Other Income 1.9 0.9 1.2 7.0 7.5
Depreciation & Amortisation 27.9 19.5 26.3 98.6 76.7
Finance Cost 21.4 12.8 17.8 67.9 47.2
Profit before Tax 10.3 0.0 21203% 68.5 98.2 31.4 213%
PBT Margin % 2.1% 0.0% 11.6% 5.2% 2.7%
Tax 3.9 (3.6) 17.3 26.2 3.6
PAT 6.4 3.6 79% 51.2 72.0 27.8 159%
PAT Margin % 1.3% 1.2% 8.6% 3.8% 2.4%
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Q4 & FY25 Profit & Loss – Consol. (Pre Ind As)
Y-O-Y Y-O-Y
Particulars (₹ Cr) Q4 FY25 Q4 FY24 Q3 FY25 FY25 FY24
% Change % Change
Revenue from Operations 498.5 296.0 68% 590.9 1,884.5 1,164.7 62%
Cost of Material Consumed 357.4 200.4 388.5 1,285.3 766.8
Direct Expenses 3.5 13.5 13.4 49.7 54.3
COGS 360.9 213.9 401.9 1,335.0 821.1
Gross Profit 137.6 82.2 67% 189.1 549.5 343.6 60%
GP Margin % 27.6% 27.8% 32.0% 29.2% 29.5%
Employee Expenses 42.3 29.5 42.3 159.8 105.8
Other Expenses 67.9 41.9 63.1 238.5 169.5
EBIDTA 27.4 10.8 154% 83.7 151.2 68.3 121%
EBIDTA Margin % 5.5% 3.6% 14.2% 8.0% 5.9%
Other Income 1.6 0.7 0.3 3.8 3.3
Depreciation & Amortisation 8.0 5.9 7.7 28.4 22.8
Finance Cost 5.5 3.0 3.4 13.6 7.5
Profit before Tax 15.5 2.6 502% 73.0 113.0 41.3 173%
PBT Margin % 3.1% 0.9% 12.3% 6.0% 3.5%
Tax 3.9 (3.6) 17.3 26.2 3.6
PAT 11.6 6.1 89% 55.6 86.8 37.8 130%
PAT Margin % 2.3% 2.1% 9.4% 4.6% 3.2%
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Q4 & FY25 Profit & Loss - Standalone
Y-O-Y Y-O-Y
Particulars (₹ Cr) Q4 FY25 Q4 FY24 Q3 FY25 FY25 FY24
% Change % Change
Revenue from Operations 498.5 296.0 68% 590.9 1,884.5 1,164.7 62%
COGS 366.6 220.6 409.0 1,366.9 845.1
Gross Profit 131.9 75.4 75% 182.0 517.6 319.7 62%
GP Margin % 26.5% 25.5% 30.8% 27.5% 27.4%
Employee Expenses 38.5 25.3 37.1 138.1 92.6
Other Expenses 36.1 19.8 34.0 127.1 84.7
EBIDTA 57.3 30.3 89% 110.9 252.3 142.4 77%
EBIDTA Margin % 11.5% 10.2% 18.8% 13.4% 12.2%
Other Income 1.3 0.8 0.4 5.4 6.9
Depreciation & Amortisation 27.2 18.3 25.6 94.7 72.5
Finance Cost 20.9 12.5 17.5 66.2 46.1
Profit before Tax 10.5 0.3 3065% 68.2 96.7 30.6 216%
PBT Margin % 2.1% 0.1% 11.5% 5.1% 2.6%
Tax 3.8 (3.5) 17.3 25.8 3.3
PAT 6.7 3.9 72% 50.9 70.9 27.3 160%
PAT Margin % 1.3% 1.3% 8.6% 3.8% 2.3%

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Q4 & FY25 Profit & Loss – Standalone (Pre Ind As)
Y-O-Y Y-O-Y
Particulars (₹ Cr) Q4 FY25 Q4 FY24 Q3 FY25 FY25 FY24
% Change % Change
Revenue from Operations 498.5 296.0 68% 590.9 1,884.5 1,164.7 62%
COGS 366.6 220.6 409.0 1,366.9 845.1
Gross Profit 131.9 75.4 75% 182.0 517.6 319.7 62%
GP Margin % 26.5% 25.5% 30.8% 27.5% 27.4%
Employee Expenses 38.4 25.2 37.1 138.7 93.0
Other Expenses 66.4 39.7 61.3 231.0 160.8
EBIDTA 27.0 10.5 156% 83.6 147.9 65.9 124%
EBIDTA Margin % 5.4% 3.6% 14.1% 7.8% 5.7%
Other Income 1.0 0.5 0.1 2.7 2.8
Depreciation & Amortisation 7.4 5.4 7.3 26.2 21.2
Finance Cost 5.1 2.9 3.2 12.5 7.2
Profit before Tax 15.6 2.9 446% 73.1 111.9 40.4 177%
PBT Margin % 3.1% 1.0% 12.4% 5.9% 3.5%
Tax 3.8 (3.5) 17.3 25.8 3.3
PAT 11.8 6.4 84% 55.8 86.1 37.1 132%
PAT Margin % 2.4% 2.2% 9.4% 4.6% 3.2%
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Media & Promotion Campaigns

13
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Media & Promotion Campaigns

14
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Media & Promotion Campaigns

15
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New Stores Opening

16
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New Stores Opening

17
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Corporate Overview
About V2 Retail

Its motto is “Value & Variety" can be truly

identified from the range and the value of
V2 Retail Limited, product portfolio it maintain across all stores.
incorporated in the year 2001
under the visionary At V2 Retail, our
leadership of Mr. Ram
Chandra Agarwal with an mission is to
objective of providing
merchandise to masses at democratize fashion
affordable price. V2 Retail caters to the ‘neo middle by offering high-
class’ and ‘middle class’ group of
population. Sales per square feet quality, trendy
per month of ₹ 1,017 for FY25 & ₹ apparel at affordable
The Company went Public 854 for FY24
in the year 2007. The brand prices to value
“Vishal” was sold in the
year 2011 due to conscious consumers
operational losses. The
Company was renamed across all tiers of
V2 Retail Limited cities
The Company currently
operates 189 stores spread
across 20 states and around
150 cities with a total retail
area of ~ 20.27 lac Sq. Ft.
It primarily operates in Tier-II and Tier-III
cities, with a chain of “V2 Retail” stores
offering apparels and general
merchandise, catering to the entire
family. 19
19
Business Division / Verticals

The key factors driving apparel business

Occasions
Occasions Drive Purchases
Festivals| Weddings| Birthdays| Social Functions

Functional Needs

Discount| Offers| Sale| Replace Old Clothes | Fashion

Emotional Needs
• Men’s Wear – Upper, Lower, Occasion Wear, Winter Wear,
Sportswear, Formal, Casual, New Seasons| New Trends| Fun times| Feels likes it

• Ladies Wear – Ethnic wear, Upper, Lower, Occasion Wear, Winter

Wear, Sportswear
Brand Recall
• Kids Wear – Boy, Girls, Infants, Winter Wear
Price| Quality of make| Quality & Type of Fabrics| Durability|
• Lifestyle - Lifestyle products like Deodorants, wallets, sunglasses, Comfort| Fit
ladies purse etc.
20
20
Inventory Management & Customer Satisfaction

01 Product Design
• In House Product development Team of 25
Manufacturing designers
• Creating unique & trend setting designs
• State of art manufacturing facility in Noida & • Greater control over our product portfolio
Bihar
• Equipped with best brand machines
• Optimizing Cost & enhancing quality control
Job Work
• Dedicated Job workers for own designed products
Supply Chain • Helps in maintaining quality & Inventory
Management
• Mix of own designed products as well as
procure high quality products at a value
• Helps in Quality Control & Inventory Warehouse & Logistic
Management
• Centralised warehouse & distribution center at
Gurgaon
• Own fleet of vehicles refill the inventory at stores
Retail Presence once a week

• 189 Stores in more than 150 cities and 20 states

• Retail Area of ~ 20.27 lakh [Link]. Customer Delight
• Ensuring a seamless process that translates
into superior products for our customers
• Happy & Satisfied Customers

Product Design Manufacturing Retailing 21

21
Retail Footprint – Reaching Customers

189 Stores at the end of FY25

(Opened 74 & Closed 2)

Retail Area ~20.27 lakh [Link].

State No. of Stores

Andhra Pradesh 1
Arunachal Pradesh 1
Assam 13
Bihar 38
Chattisgarh 2
Delhi & NCR 8
Goa 2
Himachal Pradesh 1
J&K 2
Jharkhand 16
Karnataka 12
Madhya Pradesh 13
Meghalaya 1
Odisha 26
Punjab 1
Rajasthan 1
Tripura 1
Uttar Pradesh 35
Uttrakhand 6
West Bengal 9
22
Total 189 22
Stores Experience

23
23
Stores Experience

24
24
Stores Experience

25
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Board of Directors

Mr. Ram Chandra Agarwal, Ms. Uma Agarwal,

Mr. Akash Agarwal,
Chairman & Managing Director Whole Time Director
Whole Time Director
• Mr. Agarwal holds a bachelor’s degree in • Mrs. Agarwal holds a bachelor’s degree in
• Mr. Akash Agarwal holds an International
Commerce. Arts.
MBA from IE University Spain and a
• Has a vast experience of ~ 30 years of • Has a vast experience of ~ 15 years in the Bachelor’s degree in Business
entrepreneurial and business retail industry. Administration (BBA) from Lancaster
• He has been a member of the Board of Directors • Has been a member of the Board of Directors University (UK)
since inception. since inception. • He has more than 10 years of experience
• He provides strategic direction to the Company • She oversees the marketing strategies of the in the Retail Industry.
and is the driving force behind the establishment Company. • He looks after E-Commerce,
and growth of the Company. Procurement and Finance.
• He is the pioneer in value retailing and brought
this concept in India.
• He was conferred several awards at different
forums such as Ernst & Young Entrepreneur of the
year award in 2008 and 4Ps Power Brand Award
in 2007. 26
26
Independent Directors

Dr. Arun Kumar Roopanwal Mrs. Archana S Yadav Mr. Srinivas Anand Mannava
Independent Director Independent Director Independent Director

• He has over 35 Years of • A Chartered Accountant in • Post-Graduate Program in

extensive experience in practice with more than 14 years Business Management from IIM,
working with various retail of experience, having expertise in Kozhikode.
companies. GST, Income Tax, International Tax
& Corporate Audits. • He has financial expertise and
• He is having a vast experience extensive experience in Strategy
the field of Marketing, Product • She served as Financial Advisor to Planning, Improving Shareholders
Development, Business the autonomous body M/s Wealth, and Financial
Development, Strategic National Institute of Solar Energy, Journalism.
Planning and Administration. under Ministry of New &
Renewable Energy. She has also • He authored Investor Relations
worked with various MNC’s as book, published by ICFAI. Host IR
Management Consultant, Service Awards annually at BSE with
tax Consultant & Direct Tax advisor. Entities Like Bloomberg, BNY
Mellon, KPMG, IR Magazine.
• She was appointed as GST Faculty Launched certification in
by ICAI for GST knowledge sharing Investor Relations in Association
across India. with BSE Institute.

27
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Historical Financials &
Operational Indicators
Consolidated Profit & Loss

Particulars (₹ in Cr) FY2021 FY2022 FY2023 FY2024 FY2025

Revenue from Operations 538.6 629.2 838.9 1,164.7 1,884.5
Growth (%) -23.2% 16.8% 33.3% 38.8% 61.8%
Gross Profit 162.8 201.6 260.1 346.0 551.3
GP Margin (%) 30.2% 32.0% 31.0% 29.7% 29.3%
EBIDTA 48.5 64.7 84.0 147.8 257.8
EBIDTA Margin (%) 9.0% 10.3% 10.0% 12.7% 13.7%
Other Income 23.0 15.9 6.7 7.5 7.0
Depreciation 55.5 58.8 67.1 76.7 98.6
Finance Cost 31.3 36.6 40.6 47.2 67.9
PBT Before Exceptional Item (15.3) (14.9) (17.0) 31.4 98.2
PBT Margin (%) -2.7% -2.3% -2.0% 2.7% 5.2%
PAT (13) (11.7) (12.8) 27.8 72.0
PAT Margin (%) -2% -2% -2% 2% 4%
Total Comprehensive Income (12.9) (12.1) (13.0) 27.5 71.6

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 Consolidated Balance Sheet
Particulars (₹ in Cr) FY2025 FY2024 FY2023 Particulars (₹ in Cr) FY2025 FY2024 FY2023
ASSETS EQUITY AND LIABILITIES
Non-current assets Equity
Property, plant and equipment 210.1 116.1 98.6 Equity share capital 34.6 34.6 34.4
Capital Work in Progress 4.2 0.2 0.1 Other equity 311.7 240.1 212.5
Right to use Assets 652.4 361.5 305.8 Total - Equity 346.3 274.7 246.9
Other intangible assets 0.6 2.1 3.7
Intangible assets under - - 0.3 LIABILITIES
Financial assets - Non-current liabilities
Loans 1.4 - - Financial liabilities
Other financial assets 15.4 10.9 8.3 Borrowings 18.9 16.4 7.2
Deferred tax assets (net) 30.7 28.5 32.0 Lease Liability 696.6 388.7 330.3
Non-Current tax assets (net) 0.2 0.9 0.6 Other financial liabilities - - -
Other non-current assets 27.1 20.5 18.0 Provisions 8.3 6.3 4.4
Total - Non-Current Assets 942.0 540.7 467.4 Total Non-Current Liabilities 723.8 411.4 341.9

Current assets Current liabilities

Inventories 558.2 418.9 278.9 Borrowings 96.7 74.5 46.5
Financial assets Lease Liability 37.8 45.9 39.8
Cash and cash equivalents 9.0 9.4 4.9 Trade payables 369.4 193.5 106.5
Bank balances other than cash &
0.4 0.4 0.2 Other financial liabilities 40.6 20.0 7.4
cash equivalents
Other financial assets 10.1 6.1 1.1 Provisions 3.9 3.1 2.4
Trade Receivables 0.1 0.1 0.1 Other current liabilities 9.9 4.0 1.9
Other current assets 108.5 51.6 40.7
Total - Current Assets 686.4 486.4 325.9 Total - Current liabilities 558.3 341.0 204.4

TOTAL - ASSETS 1,628.4 1,027.1 793.3 TOTAL - EQUITY AND LIABILITIES 1,628.4 1,027.1 793.3

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Standalone Profit & Loss

Particulars (₹ in Cr) FY2021 FY2022 FY2023 FY2024 FY2025

Revenue from Operations 539 629 839 1,165 1,884
Growth (%) -23.2% 16.8% 33.3% 38.8% 61.8%
Gross Profit 158.3 188.6 243.4 319.7 517.6
GP Margin (%) 29.4% 30.0% 29.0% 27.4% 27.5%
EBIDTA 48.8 60.7 78.8 142.4 252.3
EBIDTA Margin (%) 9.1% 9.7% 9.4% 12.2% 13.4%
Other Income 22.2 15.6 6.1 6.9 5.4
Depreciation 53.8 56.6 63.9 72.5 94.7
Finance Cost 30.2 36.1 39.9 46.1 66.2
PBT Before Exceptional Item (13.1) (16.4) (18.8) 30.6 96.7
PBT Margin (%) -2.3% -2.5% -2.2% 2.6% 5.1%
PAT -11.0 (12.9) (14.5) 27.3 70.9
PAT Margin (%) -2.0% -2.0% -1.7% 2.3% 3.8%
Total Comprehensive Income -11.0 (13.3) (14.6) 27.1 70.5

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 Standalone Balance Sheet
Particulars (₹ in Cr) FY2025 FY2024 FY2023 Particulars (₹ in Cr) FY2025 FY2024 FY2023
ASSETS EQUITY AND LIABILITIES
Non-current assets Equity
Property, plant and equipment 192.6 95.2 85.7 Equity share capital 34.6 34.6 34.4
Capital Work in Progress 4.2 0.2 0.1 Other equity 310.4 239.9 212.8
Right to use Assets 649.1 352.3 300.3 Total - Equity 345.0 274.5 247.2
Other intangible assets 0.3 1.5 3.1
Intangible assets under development - - 0.3 LIABILITIES
Financial assets Non-current liabilities
Investment in Subsidiary 15.0 15.0 15.0 Financial liabilities
Other financial assets 13.2 8.8 7.9 Borrowings 12.7 3.9 -
Deferred tax assets (net) 30.4 27.9 31.2 Lease Liability 693.1 381.0 326.3
Non-Current tax assets (net) - 0.6 0.5 Other financial liabilities - - -
Other non-current assets 26.7 20.3 17.7 Provisions 8.1 6.0 4.3
Total - Non-Current Assets 931.4 521.7 461.8 Total Non-Current Liabilities 713.9 390.8 330.6

Current assets Current liabilities

Inventories 526.2 360.0 246.5 Borrowings 95.6 73.5 46.5
Financial assets Lease Liability 37.7 43.8 37.7
Cash and cash equivalents 7.6 6.2 1.9 Trade payables 331.7 159.1 93.0
Bank balances other than cash &
0.4 0.4 0.2 Other financial liabilities 39.7 17.5 6.4
cash equivalents
Other financial assets 10.2 8.1 7.3 Provisions 3.9 3.0 2.3
Trade Receivables 0.0 0.1 0.1 Other current liabilities 9.6 3.7 1.4
Other current assets 101.4 69.6 47.5
Total - Current Assets 645.7 444.4 303.5 Total - Current liabilities 518.2 300.7 187.4

TOTAL - ASSETS 1,577.1 966.1 765.2 TOTAL - EQUITY AND LIABILITIES 1,577.1 966.1 765.2

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Cash Flow Statement

Standalone Consolidated
Particulars (₹ in Cr)
FY2025 FY2024 FY2025 FY2024

PBT 96.7 30.6 98.2 31.4

Adjustments 152.1 131.3 157.3 136.4
Operating profit before working capital changes 248.8 161.9 255.5 167.8
Changes in working capital (10.9) (76.4) (7.7) (73.6)

Cash generated from operations 237.8 85.4 247.8 94.2

Direct taxes paid (net of refund) (25.0) (0.1) (24.8) (0.7)

Net Cash from Operating Activities 212.9 85.3 223.0 93.4

Net Cash from Investing Activities (128.3) (28.7) (130.7) (39.3)

Net Cash from Financing Activities (83.3) (52.3) (92.7) (49.6)

Net Change in cash and cash equivalents 1.3 4.3 (0.4) 4.5
Opening Cash Balance 6.2 1.9 9.4 4.9

Closing Cash Balance 7.6 6.2 9.0 9.4

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Robust Standalone Financial Performance
Revenue (₹ Cr) EBIDTA (₹ Cr) & EBIDTA Margin

PBT (₹ Cr) PAT (₹ Cr)

34
34
Key Operating Matrix - Standalone
No. of Stores & Retail Space (lakh [Link].) Inventory Holding Days

Sales Per Sq. Ft. (₹ Per Month) Rent Per Sq. Ft. (₹ Per Month)

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Disclaimer
This presentation and the accompanying slides (the “Presentation”), which have been prepared by V2 Retail Ltd. (the
“Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or
invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any
contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a
statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers
reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be
placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This
Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability
in respect of the contents of, or any omission from, this Presentation is expressly excluded.

This presentation contains certain forward looking statements concerning the Company’s future business prospects and
business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ
from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic
and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and
cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations,
interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any
announcement in case any of these forward looking statements become materially incorrect in future or update any forward
looking statements made from time to time by or on behalf of the Company.

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