Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
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
₹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.

More from Veranda Learning Solutions Ltd

All →
18:36 IST BSE
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.

Value
₹110.0 Cr
21:11 IST BSE
Merger & Restructuring

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.

Value
₹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.