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Earnings Call

Veranda Learning Solutions Earnings Call: Key Takeaways

Veranda reported Q4FY26 revenue of ₹132 Cr (up 52% YoY) and achieved its first full-year PAT-positive performance since listing, driven by business momentum and corporate restructuring.

Why this was an Alfa AlertManagement explicitly guides for >50% revenue growth for the next period, targeting ₹670 Cr in FY27 vs ₹482 Cr in FY26 (approx 39% growth overall, but specifically guided 3-4x growth in segments).
Highlights
Revenue growthFY26 up 35% YoY; Q4 up 52% YoY.
MarginsGross margin improved to 68% in Q4FY26 from 65% in Q3FY26.
Demand visibilityStrong traction in online and offline formats across all verticals.
Management confidenceHigh, citing strong student enrollment momentum and successful demerger milestones.

Growth

FY26 Revenue grew 35% YoY to ₹482 Cr; EBITDA surged 135% YoY to ₹204 Cr; PAT turned around to ₹129.7 Cr.

Outlook

FY27 guidance: ₹670 Cr Revenue and ₹260 Cr EBITDA. Target FY30 revenue of ₹1000+ Cr for Commerce segment.

Risks

Regional concentration in South India; dependency on successful NCLT approval for commerce segment demerger.

Source

Earnings Call filed with NSE, NSE: VERANDA. Summary written with AI assistance from the document.

Read the document ↗

Veranda Learning Solutions Ltd: key numbers

Share price
₹232.59
Market cap
₹2,245 Cr
Revenue (annual)
₹481.5 Cr
Net profit (annual)
₹105.5 Cr
P/E (TTM)
15.6×Sector 22.1×
Promoter holding
33.75%-0.05% QoQ
FII holding
2.83%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Debt & Borrowing

Veranda Learning Solutions Debt & Borrowing: ₹110 Cr

Veranda's related entity, J.K. Shah Commerce Education Ltd, allotted Non-Convertible Debentures (NCDs) worth ₹110 Crore to investors. The funds will repay existing RBL Bank loans.

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Veranda Learning Solutions Merger & Restructuring

Veranda Learning Solutions has fixed October 06, 2026, as the record date for allotment of shares under its composite scheme of arrangement.

21:00 IST BSE
Debt & Borrowing

Veranda Learning Solutions Debt & Borrowing: ₹143 Cr

Veranda Learning Solutions' subsidiary, J.K. Shah Commerce Education, approved the issuance of unlisted NCDs worth ₹143 Crore to repay existing RBL Bank loan facilities.

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₹143.0 Cr
18:03 IST NSE
Share Pledge

Veranda Learning Solutions Share Pledge

Veranda Learning Solutions Limited disclosed that its promoters executed an unattested pledge agreement for a Rs. 111 Crore personal loan. The company is not party to this.

Value
₹111.0 Cr
17:47 IST BSE
Share Pledge

Veranda Learning Solutions Share Pledge

Veranda Learning Solutions' promoters created a pledge over 1.2 crore equity shares in favor of Authum Investment and Infrastructure Ltd as security for personal term loans.

From
Authum Investment and Infrastructure Limited
19:04 IST BSE
Acquisition

Veranda Learning Solutions Acquisition

Veranda Learning Solutions announced the Regional Director's approval for the Scheme of Amalgamation involving its subsidiaries Veranda IAS, Neyyar Academy, and Veranda Race.