V2 Retail Limited · NSE:V2RETAIL
V2 Retail — Q3 FY2025 Earnings Presentation
37 slides from V2 Retail's earnings presentation, January 2025
Slide 1: V2 Retail Limited Q3 & 9M FY25 Investor Presentation
py volves Variety V2 Retail Limited Q3 & IM FY 25 Investor Presentation ( HONEY a copsPs=p Cbellia Ue Le BRATS BODY & MIND
Slide 2: Q3 & 9M FY25 Performance Highlights
Q3 & 9MFY25 Performance Highlights
Slide 3: Q3 & 9M FY25 Performance Highlights (Consolidated)
Q3 & 9M FY25 Performance Highlights (Consolidated) Revenue Gross Profit EBIDTA PAT Q3 FY25 ₹ 590.9 crore +58% ₹ 189.5 crore +61% ₹ 111.5 crore +83% ₹ 51.2 crore +117% 32.1% 18.9% 8.6% 9M FY25 ₹ 1,386.0 crore +60% ₹ 413.6 crore +57% ₹ 200.0 crore +72% ₹ 65.6 crore +172% 29.8% 14.4% 4.7% Manufacturing
Slide 4: Key Operational Highlights Q3 FY25
Key Operational Highlights Q3 FY25 Sales Per Square Feet 08 01 Same Stores Sales Growth Sales per square feet (PSF) per Same stores sales growth (SSG) month was ₹ 1,219 in Q3FY25 as stood at ~25% for Q3FY25. compared to ₹ 1,085 in Q3FY24. Stores Count & Retail Area 07 02 Volume Growth 160 Stores at
Slide 5: Key Operational Highlights 9M FY25
Key Operational Highlights 9M FY25 Sales Per Square Feet 08 01 Same Stores Sales Growth Sales per square feet (PSF) per Same stores sales growth (SSG) month was ₹ 1,069 in 9MFY25 as stood at ~31% for 9MFY25. compared to ₹ 862 in 9MFY24. Stores Count & Retail Area 07 02 Volume Growth 160 Stores at th
Slide 6: Q3 & 9M FY25 Financial Highlights (Consolidated)
Q3 & 9M FY25 Financial Highlights (Consolidated) Revenue (₹ Cr) Gross Profit (₹ Cr) 60% 1,386 869 58% 591 374 Q3 FY25 Q3 FY24 9M FY25 9M FY24 EBIDTA (₹ Cr) PAT (₹ Cr) 6 6
Slide 7: Q3 & 9M FY25 Operational Parameters
Q3 & 9M FY25 Operational Parameters Inventory (Days of Sales) Creditors (Days of Sales) Net Working Capital (Days of Sales) 7 Calculation on TTM Basis 7
Slide 8: Q3 & 9M FY25 Operational Parameters
Q3 & 9M FY25 Operational Parameters Sales Per Square Feet (PSF) per Month (₹) Same Stores Sales Growth (SSG) Average Bill Value (ABV) (₹) Average Selling Price (ASP) (₹) 8 8
Slide 9: Q3 & 9M FY25 Profit & Loss - Consolidated
Q3 & 9M FY25 Profit & Loss - Consolidated Y-O-Y Y-O-Y Particulars (₹ Cr) Q3 FY25 Q3 FY24 Q2 FY25 9M FY25 9M FY24 FY24 % Change % Change Revenue from Operations 590.9 373.8 58% 380.0 1,386.0 868.7 60% 1,164.7 Cost of M aterial Consumed 388.5 243.1 259.2 927.8 566.4 766.8 Direct Expenses 13.0 13.2 17.
Slide 10: Q3 & 9M FY25 Profit & Loss – Consol. (Pre Ind As)
Q3 & 9M FY25 Profit & Loss – Consol. (Pre Ind As) Y-O-Y Y-O-Y Particulars (₹ Cr) Q3 FY25 Q3 FY24 Q2 FY25 9M FY25 9M FY24 FY24 % Change % Change Revenue from Operations 590.9 373.8 58% 380.0 1,386.0 868.7 60% 1,164.7 Cost of M aterial Consumed 388.5 243.1 259.2 927.8 566.4 766.8 Direct Expenses 13.4
Slide 11: Q3 & 9M FY25 Profit & Loss - Standalone
Q3 & 9M FY25 Profit & Loss - Standalone Y-O-Y Y-O-Y Particulars (₹ Cr) Q3 FY25 Q3 FY24 Q2 FY25 9M FY25 9M FY24 FY24 % Change % Change Revenue from Operations 590.9 373.8 58% 380.0 1,386.0 868.7 60% 1,164.7 COGS 409.0 262.6 286.6 1,000.3 624.5 845.1 Gross Profit 182.0 111.2 64% 93.4 385.7 244.2 58% 3
Slide 12: Q3 & 9M FY25 Profit & Loss – Standalone (Pre Ind As)
Q3 & 9M FY25 Profit & Loss – Standalone (Pre Ind As) Y-O-Y Y-O-Y Particulars (₹ Cr) Q3 FY25 Q3 FY24 Q2 FY25 9M FY25 9M FY24 FY24 % Change % Change Revenue from Operations 590.9 373.8 58% 380.0 1,386.0 868.7 60% 1,164.7 COGS 409.0 262.6 286.6 1,000.3 624.5 845.1 Gross Profit 182.0 111.2 64% 93.4 385.
Slide 13: Media & Promotion Campaigns
Media & Promotion Campaigns 13 13
Slide 14: Media & Promotion Campaigns
Media & Promotion Campaigns 14 14
Slide 15: New Stores Opening
New Stores Opening Value& Value& v2 Variety V2 Variety UTTAR PRADESH & ODISHA GORAKHNATH ROAD, LACHHIPUR, NEAR KHETAN HOSPITAL , GORAKHPUR PIN 273015 MODIPARA FARM ROAD, NEAR-CITY CENTER MALL, SAMBALPUR, ODISHA -768001 www.v2retail.com www.v2retail.com
Slide 16: New Stores Opening
New Stores Opening Value + Variety Values Variety ‘ASSAM. TT pe BONGAIGAON, BURHANPU MADHYA PRADESH
Slide 17: Corporate Overview
Corporate Overview
Slide 18: About V2 Retail
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 o
Slide 19: Business Division / Verticals
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,
Slide 20: Inventory Management & Customer Satisfaction
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 ma
Slide 21: Retail Footprint – Reaching Customers
Retail Footprint – Reaching Customers 160 Stores at the end of 9M FY25 (Opened 45 & Closed 2) Retail Area ~17.22 lakh sq.ft. State No. of Stores Andhra Pradesh 1 Arunachal Pradesh 1 Assam 11 Bihar 35 Delhi & NCR 8 Goa 2 Himachal Pradesh 1 J&K 2 Jharkhand 12 Karnataka 9 Madhya Pradesh 7 Meghalaya 1 O
Slide 22: Stores Experience
Stores Experience 22 22
Slide 23: Stores Experience
Stores Experience 23 23
Slide 24: Stores Experience
Stores Experience 24 24
Slide 25: Board of Directors
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 f
Slide 26: Independent Directors
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 Busi
Slide 27: Historical Financials & Operational Indicators
Historical Financials & Operational Indicators
Slide 28: Key Operational Highlights FY24
Key Operational Highlights FY24 Store Count & Retail Area Average Selling Price 117 Stores at the end of FY24 ASP was ₹ 263 in FY24 as compared to (Opened 24, Closed 9) ₹ 283 in FY23. Total Retail Area ~12.54 lakh sq.ft. Average Bill Value ABV was ₹ 797 in FY24 as compared to ₹ 797 in FY23 Same Stor
Slide 29: Consolidated Profit & Loss
Consolidated Profit & Loss Particulars (₹ in Cr) FY2020 FY2021 FY2022 FY2023 FY2024 Revenue from Operations 701.2 538.6 629.2 838.9 1,164.7 Growth (%) -23.2% 16.8% 33.3% 38.8% Gross Profit 196.0 162.8 201.6 260.1 346.0 GP Margin (%) 27.9% 30.2% 32.0% 31.0% 29.7% EBIDTA 74.9 48.5 64.7 84.0 147.8 EBID
Slide 30: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ in Cr) FY2024 FY2023 FY2022 Particulars (₹ in Cr) FY2024 FY2023 FY2022 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 116.1 98.6 102.9 Equity share capital 34.6 34.4 34.4 Capital Work in Progress 0.2 0.1 - Other equity
Slide 31: Standalone Profit & Loss
Standalone Profit & Loss Particulars (₹ in Cr) FY2020 FY2021 FY2022 FY2023 FY2024 Revenue from Operations 701.2 538.6 629.2 838.9 1,164.7 Growth (%) -6.3% -23.2% 16.8% 33.3% 85.1% Gross Profit 196.0 158.3 188.6 243.4 319.7 GP Margin (%) 27.9% 29.4% 30.0% 29.0% 27.4% EBIDTA 76.0 48.8 60.7 78.8 142.4
Slide 32: Standalone Balance Sheet
Standalone Balance Sheet Particulars (₹ in Cr) FY2024 FY2023 FY2022 Particulars (₹ in Cr) FY2024 FY2023 FY2022 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 95.2 85.7 91.6 Equity share capital 34.6 34.4 34.4 Capital Work in Progress 0.2 0.1 - Other equity 239.
Slide 33: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (₹ in Cr) FY2024 FY2023 FY2024 FY2023 PBT 30.6 (18.8) 31.4 (17.0) Adjustments 131.3 108.1 136.4 111.7 Operating profit before working capital changes 161.9 89.3 167.8 94.7 Changes in working capital (76.2) (10.4) (73.6) (9.4) Cash generated fro
Slide 34: Robust Standalone Financial Performance
Robust Standalone Financial Performance Revenue (₹ Cr) EBIDTA (₹ Cr) & EBIDTA Margin 160 12.2% 140 10.8% 9.7% 120 9.4% 9.1% 100 1,165 80 76 142 839 60 701 40 79 629 539 49 20 61 - FY2020 FY2021 FY2022 FY2023 FY2024 FY2020 FY2021 FY2022 FY2023 FY2024 EBIDTA Margin (%) PBT (₹ Cr) PAT (₹ Cr) 34 34
Slide 35: Key Operating Matrix - Standalone
Key Operating Matrix - Standalone No. of Stores & Retail Space (lakh sq.ft.) Inventory Holding Days Sales Per Sq. Ft. (₹ Per Month) Rent Per Sq. Ft. (₹ Per Month) 35 35 35
Slide 36: Disclaimer
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
Slide 37: Thank You
Value & Variety MEN’S WEAR | WOMEN’S WEAR | KIDS WEAR | LIFESTYLE THANK YOU Investor Relation Advisor Dr. Rahul Porwal / Mr. Amit Porwal Marathon Capital Advisory Private Limited Company Secretary & Compliance Officer Tel : +91-22-40030610 / 9967576900 / 9819773905 V2 Retail Limited Email : rahul@ma