Veefin Solutions Announces New Order Win

Veefin Solutions Other Announcement

Veefin Solutions applied to NSE for in-principle listing approval, a voluntary step. No monetary impact or penalty is stated.

Veefin Solutions SME to Main Board Migration

Veefin Solutions received NSE in-principle approval to migrate its equity shares from the BSE SME platform to the NSE Main Board. Final listing formalities are pending, with trading start to follow.

Veefin Solutions Insolvency Petition

Veefin Solutions disclosed that Epikindifi Software, a disputed step-down subsidiary, filed a Section 9 IBC petition at NCLT Mumbai seeking CIRP against the company over a disputed INR 1.27 Crore claim. The company strongly contests the petition and will defend it.

Value

₹1.27 Cr

Veefin Solutions Results Update

Veefin reported H1 FY27 revenue of ₹238.82 Cr (up 116% YoY) and PAT of ₹24.85 Cr. The company highlighted a ₹920 Cr opportunity pipeline in banking technology.

Veefin Solutions Investor Presentation: Key Takeaways

H1 FY27 group revenue ₹238.82 cr (+116.2% YoY), PAT ₹24.85 cr (+126.6%), EBITDA margin 25.5%. Standalone Q2 PAT flat; ₹920 cr pipeline, 84% outside India.

Veefin Solutions Q2 FY27 Results: Net Profit ₹15.3 Cr, Up 61.1% QoQ

Veefin Solutions Ltd reported revenue from operations of ₹124.7 Cr and net profit of ₹15.3 Cr for Q2 FY27.

Key figure

Net profit ₹15.3 Cr

Seamec Bags ₹245.7 Cr Order from Larsen & Toubro Limited

Seamec won a Letter of Award from L&T for ONGC's PRP-X subsea work, its scope worth about ₹245.72 crore. Work completes by May 2027.

Value

₹245.7 Cr

From

Larsen & Toubro Limited (L&T Energy Hydrocarbon Division)

Execution

Work to be completed by May 2027

Shree Refrigerations Bags ₹26.44 Cr Order from Garden Reach Shipbuilders & Engineers Limited

Shree Refrigerations secured a Rs 26.44 Crore defence order from Garden Reach Shipbuilders for specialised refrigeration components. Delivery is due by 5 July 2027.

Value

₹26.44 Cr

From

Garden Reach Shipbuilders & Engineers Limited

Execution

Delivery by 05 July 2027

Time Technoplast Bags ₹35 Cr Order from Methanol Chemicals Company, Saudi Arabia

Time Technoplast's Saudi subsidiary won an exclusive one-year supply contract worth Rs. 35 Crore (USD 3.68 Million) from Methanol Chemicals Company (CHEMANOL). The order covers industrial packaging products such as drums, jerry cans and IBCs.

Value

₹35.00 Cr

From

Methanol Chemicals Company (CHEMANOL), Saudi Arabia

Execution

Within one year

Bharat Heavy Electricals Bags ₹600 Cr Order from Power Grid Corporation of India Limited, on behalf of its Project...

BHEL received an order from Power Grid Corporation of India on behalf of its project SPV for two synchronous condensers at Barmer-II HVDC terminal. The order is valued at Rs 600-900 Cr excluding GST and must be executed within 44 months.

Value

₹600.0 Cr

From

Power Grid Corporation of India Limited, on behalf of its Project SPV Company

Execution

44 months

Power Mech Projects Bags ₹489.9 Cr Order from Joint Venture of Elsewedy Electric Power Systems Projects and...

Power Mech Projects' Saudi subsidiary won an international erection contract from an Elsewedy Electric and Sinohydro joint venture for the Rabigh 2 IPP Expansion, with aggregate value of about USD 52.1 million (~INR 492 Crore). The contract runs 20 months from January 2027.

Value

₹489.9 Cr

From

Joint Venture of Elsewedy Electric Power Systems Projects (Branch) and Sinohydro Corporation Limited (Branch), for the Rabigh 2 IPP Expansion Project

Execution

20 months effective from January 1, 2027

RMC Switchgears Bags ₹3.94 Cr Order from M.P. Poorv Kshetra Vidhyut Vitraran Co. Ltd.

RMC Switchgears won a ₹3.94 Crore LOA from MP Poorv Kshetra Vidhyut Vitraran for LT distribution boxes. Execution is due over 36 months.

Value

₹3.94 Cr

From

M.P. Poorv Kshetra Vidhyut Vitraran Co. Ltd.

Execution

36 Months