Synopsis: Shares of V2 Retail may remain in focus after the company fixed March 26, 2026 as the record date for its 10:1 stock split. The move follows shareholder approval earlier this month. The retail stock has delivered strong long-term returns and currently trades at a premium valuation compared with the industry.
The stock of the retail company V2 Retail Ltd may be in focus after the company declared its record date for its impending stock split. The company has declared its record date for the corporate action, fixing it on March 26, 2026. This decision comes after the company’s shareholder approval via a postal ballot earlier in the month. Companies often undertake a stock split to enhance liquidity in the company’s shares among the broader investors in the market.
With a market cap of Rs 7,087 crore, the shares of V2 Retail Ltd are trading at Rs 1,944 and are trading at a PE of 54.6 compared to their industry PE of 26.7. The shares have given a return of more than 1,300% in the last 5 years.
About the stock split
Shares of V2 Retail may be in focus as the company has fixed the record date for its upcoming stock split. The retail firm has fixed March 26, 2026, as the record date to decide shareholders eligible to participate in the corporate action.
The announcement comes after the firm got shareholders’ nod through a postal ballot process earlier this month. Companies generally undertake a stock split with the aim of boosting liquidity in the stock exchange.
As part of the stock split plan, the firm will undertake a stock split of 10:1, where one equity share of face value of Rs 10 will be divided into ten equity shares of face value of Rs 1 each. The shares will remain fully paid up.
For example, if an investor holds 100 shares of V2 Retail before the stock split, they will receive 1,000 shares after the 10:1 split. This is because each existing share with a face value of Rs 10 will be subdivided into ten shares of Rs 1 each. While the number of shares increases, the overall value of the investor’s holdings remains unchanged immediately after the split.
The corporate action does not impact the overall value of shareholders’ investments in the firm but increases the number of shares in the market. Companies generally undertake a stock split with the aim of boosting liquidity in the stock exchange.
After the record date passes, shareholders will get additional shares in line with the stock split ratio, whereas the firm will update the stock exchange on further developments in the stock split process.
Financials and more
The revenue from operations for the company stood at Rs 929 crore in Q3 FY26 compared to the Q3 FY25 revenue of Rs 591 crore, up by about 57 per cent YoY. Similarly, the net profit stood at Rs 102 crore in Q3 FY26, up compared to the Rs 51 crore profit in Q3 FY25.
V2 Retail Limited is an Indian value-fashion retailer that was founded in 2001 by Ram Chandra Agarwal with an aim to provide affordable quality products to mass consumers. The company specialises in operating in Tier-II and Tier-III cities, targeting India’s burgeoning neo-middle and middle-class consumer base with an extensive variety of products that can be consumed by an entire family.
It was listed on stock exchanges in 2007 and was renamed ‘V2 Retail Limited’ after acquiring the brand ‘Vishal’. Currently, it has 294 stores in more than 225 cities, covering an area of 31.93 lakh square feet, while continuing with its value and variety proposition at an affordable prices.
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