Veefin Solutions Ltd
Incorporated in 2020, Veefin Solutions Ltd provides Digital Lending and Supply Chain Finance technology product solutions[1]
- Market Cap ₹ 791 Cr.
- Current Price ₹ 330
- High / Low ₹ 754 / 256
- Stock P/E 59.2
- Book Value ₹ 188
- Dividend Yield 0.00 %
- ROCE 16.1 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 127 to 45.3 days.
- Company's working capital requirements have reduced from 85.2 days to 35.4 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -4.59%
- Company has a low return on equity of 10.6% over last 3 years.
* 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: IT - Software Industry: Computers - Software - Medium / Small
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 7 | 14 | 25 | 79 | |
| 5 | 9 | 14 | 54 | |
| Operating Profit | 1 | 5 | 11 | 24 |
| OPM % | 17% | 37% | 44% | 31% |
| 0 | 0 | 0 | 2 | |
| Interest | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 1 | 5 |
| Profit before tax | 1 | 5 | 10 | 21 |
| Tax % | 0% | 20% | 23% | 21% |
| 1 | 4 | 7 | 16 | |
| EPS in Rs | 733.87 | 2.33 | 3.28 | 5.58 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 129% |
| TTM: | 215% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 145% |
| TTM: | 81% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 18 | 23 | 23 |
| Reserves | 9 | 26 | 102 | 428 |
| 4 | 1 | 5 | 13 | |
| 3 | 7 | 16 | 59 | |
| Total Liabilities | 16 | 52 | 145 | 522 |
| 14 | 41 | 94 | 398 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 2 | 11 | 51 | 124 | |
| Total Assets | 16 | 52 | 145 | 522 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0 | -0 | 7 | 1 | |
| -6 | -24 | -45 | -273 | |
| 6 | 26 | 68 | 284 | |
| Net Cash Flow | 0 | 1 | 30 | 12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 46 | 193 | 143 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 46 | 193 | 143 | |
| Working Capital Days | -108 | 109 | 111 | |
| ROCE % | 19% | 11% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Disclosure of analyst meeting on April 30, 2025; no unpublished price sensitive info shared.
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Revised Investor Presentation for Earnings call held on 28.04.2025
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2d - Transcript of the Earnings Conference Call for the Half Year and Year Ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 Apr - VeeFin reports 81% YoY net profit growth in FY25, expands global footprint and strategic partnerships.
Annual reports
Concalls
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Apr 2025Transcript PPT
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Apr 2025TranscriptNotesPPT
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Mar 2025Transcript PPT
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Oct 2024Transcript PPT
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Oct 2024TranscriptNotesPPT
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May 2024Transcript PPT
Business Overview:[1][2][3]
a) VSL is a part of the Veefin Group of companies.
b) It is the world’s first onboarding-to-underwriting-to-transaction management- to-loan management Supply Chain Finance (SCF) platform.
c) It is a no-code lending software that manages the entire lending lifecycle – from loan origination, loan management, to collections.
d) Company is an end-to-end integrated omni-channel digital lending and supply chain finance technology solutions provider in India to banks and financial institutions worldwide.
e) Company offers a ready-to-use white-labelled platform at Software-as-a-Service pricing model that enables lenders of all sizes, right from small Fintechs to large financial institutions, to establish digital lending operations quickly and efficiently