Veranda Learning Solutions Ltd
Veranda Learning Solutions Limited (“Veranda”) was incorporated on November 20, 2018, and is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid, and offline blended formats to learners enrolled with their courses through a multitude of career-defining competitive exams, professional courses, exam-oriented courses, short-term up-skilling, and re-skilling courses.[1]
- Market Cap ₹ 1,167 Cr.
- Current Price ₹ 169
- High / Low ₹ 337 / 155
- Stock P/E
- Book Value ₹ 62.0
- Dividend Yield 0.00 %
- ROCE -25.2 %
- ROE -60.5 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Promoter holding has increased by 1.24% over last quarter.
Cons
- Stock is trading at 2.72 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
- Promoters have pledged 98.4% of their holding.
- Earnings include an other income of Rs.7.38 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Education Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|
3 | 75 | 161 | 308 | |
10 | 114 | 233 | 296 | |
Operating Profit | -8 | -39 | -72 | 12 |
OPM % | -300% | -52% | -44% | 4% |
0 | 1 | 38 | 7 | |
Interest | 0 | 9 | 11 | 44 |
Depreciation | 1 | 14 | 45 | 60 |
Profit before tax | -8 | -61 | -89 | -85 |
Tax % | 0% | 4% | 11% | |
-8 | -58 | -79 | -76 | |
EPS in Rs | -11.83 | -14.20 | -12.86 | -12.22 |
Dividend Payout % | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 116% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -60% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|
Equity Capital | 7 | 41 | 62 | 69 |
Reserves | -7 | 36 | 229 | 360 |
7 | 203 | 306 | 454 | |
5 | 100 | 290 | 525 | |
Total Liabilities | 12 | 380 | 887 | 1,408 |
4 | 255 | 734 | 1,174 | |
CWIP | 2 | 0 | 3 | 0 |
Investments | 0 | 0 | 0 | 13 |
6 | 125 | 150 | 221 | |
Total Assets | 12 | 380 | 887 | 1,408 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
-5 | -39 | 15 | |
-6 | -225 | -342 | |
12 | 313 | 363 | |
Net Cash Flow | 0 | 48 | 36 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
Debtor Days | 46 | 17 | 12 |
Inventory Days | 1,011 | ||
Days Payable | 4,731 | ||
Cash Conversion Cycle | -3,674 | 17 | 12 |
Working Capital Days | 3 | -36 | -75 |
ROCE % | -37% | -25% |
Documents
Announcements
- Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. 8 May
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 8 May
- Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015 8 May
- Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. 4 May
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 4 May
History
Incorporated on FY18, Veranda is a multi-product education company that delivers its courses online, offline and hybrid format. Company started its business operations in Dec’20 by acquiring content of Chennai RACE.[1]