| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 150 | 139 | +7.4% |
| EBITDA | 51.9 | 37.2 | +39.4% |
| EBITDA margin | 34.7% | 26.7% | +8.0 pts |
| Profit before tax | 28.5 | 7.8 | +266.7% |
| Net profit | 33.9 | 6.0 | +467.9% |
| EPS | ₹3.03 | −₹0.09 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 342 | — | — | — | — | |
| 30.1 | 30.1 | 53.8 | 19.7 | 84.8 | |
| 301 | 301 | 513 | 452 | 231 | |
| 613 | — | — | — | — | |
| 525 | 482 | 471 | 362 | 161 | |
| — | +2.3% | +30.2% | +124.2% | — | |
| 187 | 167 | 35.9 | 54.0 | −72.2 | |
| 35.6% | 34.6% | 7.6% | 14.9% | −44.8% | |
| 128 | 108 | −170 | −11.4 | −118 | |
| 158 | 130 | −252 | −76.1 | −79.2 | |
| 30.0% | 27.0% | −53.4% | −21.0% | −49.1% | |
| ₹15.00 | ₹10.97 | −₹25.72 | −₹8.29 | −₹8.22 | |
| — | +142.7% | −210.3% | −0.8% | — | |
| — | 105 | 31.7 | 26.7 | 14.9 | |
| — | −14.1 | −15.0 | −13.3 | −90.7 | |
| 90.6 | 90.6 | 16.7 | 13.4 | −75.7 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 341.9 | |
| - Cash, Equiv & ST Investments | 84.8 | 19.7 | 53.8 | 30.1 | 30.1 | |
| + Total Debt | 230.8 | 451.6 | 513.3 | 301.0 | 301.0 | |
| Enterprise Value | — | — | — | — | 612.8 | |
| Revenue | 161.4 | 361.7 | 470.9 | 481.5 | 525.5 | |
| Growth %, YoY | — | +124.2 | +30.2 | +2.3 | — | |
| EBITDA | -72.2 | 54.0 | 35.9 | 166.7 | 187.1 | |
| Margin % | -44.77 | 14.93 | 7.63 | 34.63 | 35.61 | |
| EBIT | -117.7 | -11.4 | -169.9 | 108.4 | 128.5 | |
| Net Income | -79.2 | -76.1 | -251.7 | 129.8 | 157.8 | |
| Margin % | -49.09 | -21.04 | -53.44 | 26.95 | 30.03 | |
| EPS, Adj (current shares) | -8.22 | -8.29 | -25.72 | 10.97 | 15.00 | |
| Growth %, YoY | — | -0.8 | -210.3 | +142.7 | — | |
| Cash from Operations | 14.9 | 26.7 | 31.7 | 104.7 | — | |
| Capital Expenditures | -90.7 | -13.3 | -15.0 | -14.1 | — | |
| Free Cash Flow | -75.7 | 13.4 | 16.7 | 90.6 | 90.6 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Veranda Learning Solutions (NSE: VERANDA) had a market capitalisation of ₹358 crore at the 30 October 2026 close (₹37.20 a share), a PE ratio of 2.5 on the last four quarters' profit and a price-to-book ratio of 0.37. In FY26 its consolidated net profit attributable to shareholders was ₹106 crore on revenue of ₹482 crore; in Q1 FY27 (April–June 2026) it was ₹29.1 crore. Its debt-to-equity ratio was 0.31 on 31 March 2026. Promoters held 32.65% of the shares on 30 September 2026.
Veranda Learning Solutions' PE ratio is 2.5 at the 30 October 2026 close (₹37.20 a share): a market capitalisation of ₹358 crore divided by consolidated net profit attributable to shareholders of ₹144 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹106 crore) it is 3.4. These four quarters include net exceptional items of ₹86.1 crore (one-off gains reported separately), so the ratio on recurring profit would differ.
Veranda Learning Solutions' price-to-book (PB) ratio is 0.37 at the 30 October 2026 close: a market capitalisation of ₹358 crore divided by shareholders' equity (book value) of ₹958 crore on 31 March 2026. That is a book value of ₹99.50 per share against a share price of ₹37.20.
In FY26, Veranda Learning Solutions' return on equity (ROE) was 17.4% and its return on capital employed (ROCE) was 7.4%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −78.0% and ROCE −14.3%.
Veranda Learning Solutions' market capitalisation was ₹358 crore at the 30 October 2026 close: 9.63 crore shares at ₹37.20 each.
No. Veranda Learning Solutions had borrowings of ₹301 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.31. Its cash and current investments were ₹30.1 crore, so its net debt was ₹271 crore.
Veranda Learning Solutions' debt-to-equity ratio was 0.31 on 31 March 2026: borrowings of ₹301 crore against total equity of ₹958 crore. A year earlier, on 31 March 2025, it was 2.00.
Veranda Learning Solutions' net worth — shareholders' equity in its consolidated balance sheet — was ₹958 crore on 31 March 2026, up 273.0% from ₹257 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹358 crore at the 30 October 2026 close.
Promoters held 32.65% of Veranda Learning Solutions on 30 September 2026, down 1.10 percentage points from 33.75% the previous quarter and down 1.31 percentage points from 33.96% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Veranda Learning Solutions' shares were held by promoters 32.65%, foreign portfolio investors (FII/FPI) 2.73%, domestic institutions (DII) 0.12% and retail and other non-institutional investors 64.49%. Over the year, FII holding was down 0.19 percentage points from 2.92% and DII holding was down 1.37 percentage points from 1.49%.
Veranda Learning Solutions' book value per share was ₹99.50 on 31 March 2026: shareholders' equity of ₹958 crore divided by the 9.63 crore shares in issue. The share price at the 30 October 2026 close was ₹37.20.
In FY26 (April 2025–March 2026), Veranda Learning Solutions' consolidated net profit attributable to shareholders was ₹106 crore, against a loss of ₹247 crore in FY25, on revenue from operations of ₹482 crore (up 2.3%).
Veranda Learning Solutions has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
Veranda Learning Solutions' basic earnings per share (EPS) were ₹11.84 in FY26.
In FY26, Veranda Learning Solutions generated ₹105 crore of cash from operations and spent ₹14.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹90.6 crore. In FY25 it was ₹16.7 crore.
Veranda Learning Solutions' latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit attributable to shareholders ₹29.1 crore, against a loss of ₹65 lakh in Q1 FY26; revenue from operations ₹150 crore, up 7.4% year on year.
On FY26 consolidated figures, against Jaro Institute of Technology Management and Research and Usha Martin Education & Solutions: Veranda Learning Solutions' operating margin of 22.5% is the lowest of the three (Jaro Institute of Technology Management and Research 22.8%, Usha Martin Education & Solutions 49.2%; peer average 36.0%); its return on equity of 17.4% is the highest of the three (Jaro Institute of Technology Management and Research 14.7%, Usha Martin Education & Solutions 4.6%; peer average 9.7%).
At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Veranda Learning Solutions' PE ratio is 3.4, the lowest of the three: Jaro Institute of Technology Management and Research 13.5 and Usha Martin Education & Solutions 11.2, a peer average of 12.3. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Veranda Learning Solutions earned net profit attributable to shareholders of ₹106 crore on revenue of ₹482 crore, against ₹52.9 crore on ₹274 crore for Jaro Institute of Technology Management and Research. Veranda Learning Solutions' operating margin was 22.5% (Jaro Institute of Technology Management and Research 22.8%) and its return on equity 17.4% (Jaro Institute of Technology Management and Research 14.7%). At the 30 October 2026 close, Veranda Learning Solutions' market capitalisation was ₹358 crore against ₹713 crore for Jaro Institute of Technology Management and Research, and its PE ratio on FY26 profit 3.4 against 13.5.
From Veranda Learning Solutions' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.