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Earnings Call Transcript

Veranda Learning Solutions Earnings Call Transcript: Key Takeaways

Veranda reports robust revenue growth and its sixth consecutive quarter of positive PAT, driven by the commerce segment and a significant de-leveraging through lower-cost debt refinancing.

Guidance and delivery
Management target Revenue 39.3% FY27
Highlights
Revenue growthRevenue rose 42% YoY to 150 Cr.
MarginsEBITDA margins at 36%; temporarily impacted by expansion spending.
Demand visibilityStrong demand in commerce, government test prep, and K-12 segments.
Management confidenceConfident, highlighting consistent delivery on de-leveraging and profitability targets.

Growth

Revenue grew 42% YoY to 150 Cr, supported by a 53% surge in the commerce segment.

Outlook

Management guides FY27 revenue at 670 Cr, EBITDA at 260 Cr, and PAT at 144 Cr.

Risks

Expansion costs and aggressive marketing for the J K Shah demerger are temporarily depressing EBITDA margins.

Last quarter's promises, checked

Delivered

  • FY26 Revenue INR 482 Cr → Delivered INR 482 Cr (= BEAT)
  • FY26 PAT Positive → Delivered INR 130 Cr (= BEAT)
  • FY26 EBITDA Growth 135% → Delivered INR 204 Cr (= BEAT)

Partly delivered

  • NCLT Demerger Hearing June 3 → Hearing held, final order pending (= PARTIAL)
Source

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

Read the document ↗

Veranda Learning Solutions Ltd: key numbers

Share price
₹32.22
Market cap
₹310.9 Cr
Revenue (annual)
₹481.5 Cr
Net profit (annual)
₹105.5 Cr
P/E (TTM)
2.2×Sector 23.6×
Promoter holding
32.65%-1.10% QoQ
FII holding
2.73%Current quarter

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

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