Veefin Solutions Ltd
Incorporated in 2020, Veefin Solutions Ltd provides Digital Lending and Supply Chain Finance technology product solutions[1]
- Market Cap ₹ 574 Cr.
- Current Price ₹ 225
- High / Low ₹ 403 / 206
- Stock P/E 22.3
- Book Value ₹ 105
- Dividend Yield 0.00 %
- ROCE 13.6 %
- ROE 8.90 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 213% CAGR over last 5 years
- Debtor days have improved from 150 to 106 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 34.7%
- Company has a low return on equity of 8.22% over last 3 years.
- Promoters have pledged 95.3% of their holding.
- Promoter holding has decreased over last 3 years: -5.11%
* 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
Information Technology Information Technology IT - Services IT Enabled Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 6m | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 1 | 6 | 13 | 21 | 37 | 71 | 94 | |
| Sales growth | +714% | +111% | +59% | +80% | +90% | ||
| 1 | 5 | 8 | 12 | 20 | 33 | 41 | |
| Operating Profit | 0 | 1 | 5 | 9 | 17 | 38 | 53 |
| OPM % | 12% | 12% | 36% | 44% | 46% | 54% | 56% |
| 0 | 0 | 0 | 0 | 0 | 4 | 7 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 7 | 10 |
| Depreciation | 0 | 0 | 0 | 1 | 2 | 9 | 13 |
| Profit before tax | 0 | 1 | 5 | 8 | 14 | 26 | 36 |
| Tax % | 0% | 0% | 22% | 29% | 21% | 30% | |
| 0 | 1 | 4 | 6 | 11 | 18 | 26 | |
| EPS in Rs | 0.05 | 0.38 | 2.07 | 2.50 | 4.65 | 7.13 | 10.08 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 148% |
| 3 Years: | 76% |
| TTM: | 90% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 213% |
| 3 Years: | 68% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 18 | 23 | 23 | 25 | 26 |
| Reserves | 1 | 9 | 25 | 99 | 132 | 227 | 242 |
| 5 | 4 | 1 | 7 | 28 | 48 | 132 | |
| 3 | 3 | 7 | 13 | 15 | 64 | 65 | |
| Total Liabilities | 9 | 16 | 51 | 141 | 198 | 364 | 465 |
| 9 | 14 | 40 | 92 | 157 | 264 | 303 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 4 | 8 | 11 |
| 0 | 1 | 10 | 49 | 36 | 92 | 150 | |
| Total Assets | 9 | 16 | 51 | 141 | 198 | 364 | 465 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 1 | -0 | -1 | 6 | 8 | 77 | |
| -7 | -6 | -24 | -43 | -53 | -162 | |
| 6 | 6 | 25 | 68 | 20 | 79 | |
| Net Cash Flow | 0 | 0 | 1 | 30 | -24 | -5 |
| Free Cash Flow | 1 | -6 | -25 | -38 | -40 | -30 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 1,156% | -12% | -16% | 83% | 40% | 202% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 43 | 44 | 203 | 169 | 176 | 106 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 43 | 44 | 203 | 169 | 176 | 106 |
| Working Capital Days | -3,650 | -116 | 115 | 110 | 143 | -248 |
| ROCE % | 6% | 17% | 10% | 10% | 14% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Number of Bank/FI Clients count |
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| Annualized Disbursement Run Rate USD Billion |
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| Number of Group Employees count |
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| New Deal Wins count |
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| Active Pursuits/Opportunities count |
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| PSB Xchange Approved Limits INR Crore |
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| PSB Xchange Live Lender Integrations count |
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Extracted by Screener AI
Documents
Announcements
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Intimation Regarding Receipt Of In-Principle Approval For Migration From SME Platform Of BSE To Capital Market Segment (Main Board) Of National Stock Exchange Of India Limited (NSE)
- NSE granted in-principle approval for Veefin's migration to Main Board; final listing formalities pending.
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Intimation Regarding Filing Of An Application Under Section 9 Of IBC Before The NCLT- Mumbai Bench By An Operational Creditor In Respect Of An Alleged And Disputed Claim.
- Operational creditor filed Section 9 IBC petition at NCLT Mumbai over disputed INR 1.27 crore claim.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Disclosure under Regulation 30 of the SEBI (LODR) Reg, 2015 - Transcript of the earnings conference call for the quarter and half year ended 30th …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Veefin posted H1 FY27 revenue of ₹238.82 crore, EBITDA ₹60.81 crore and PAT ₹24.85 crore.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication of Unaudited Standalone & Consolidated Financial Results for the Quarter and Half year ended 30th September, 2026.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
Concalls
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Oct 2026Transcript PPT REC
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Mar 2026PPT
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Jan 2026Transcript PPT
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Nov 2025Transcript
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Nov 2025Transcript PPT REC
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Apr 2025Transcript PPT
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Apr 2025PPT
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Mar 2025Transcript PPT
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Oct 2024Transcript PPT
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Oct 2024PPT
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May 2024Transcript PPT
Business Profile[1]
Veefin Solutions Limited is a software company that builds digital tools for banks and finance companies (like NBFCs). They help banks lend money faster, manage payments, and handle supply chains digitally.