Veranda Learning Solutions Ltd
Incorporated in 2018, Veranda Learning Solutions Ltd is developing & managing an integrated online-to-offline (O2O) EdTech platform which offers a wide range of learning programs for learners preparing for competitive and professional exams[1]
- Market Cap ₹ 1,842 Cr.
- Current Price ₹ 248
- High / Low ₹ 366 / 185
- Stock P/E
- Book Value ₹ 102
- Dividend Yield 0.00 %
- ROCE 3.01 %
- ROE -0.56 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 134 to 91.3 days.
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.12%
- Company has a low return on equity of 1.76% over last 3 years.
- Earnings include an other income of Rs.56.9 Cr.
- Company's cost of borrowing seems high
* 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
Consumer Discretionary Consumer Services Other Consumer Services E-Learning
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
0.00 | 0.00 | 2.97 | 12.15 | 17.14 | 39.41 | 41.08 | |
0.10 | 0.20 | 4.14 | 17.65 | 44.14 | 21.88 | 60.73 | |
Operating Profit | -0.10 | -0.20 | -1.17 | -5.50 | -27.00 | 17.53 | -19.65 |
OPM % | -39.39% | -45.27% | -157.53% | 44.48% | -47.83% | ||
0.00 | 0.00 | 0.08 | 1.38 | 37.91 | 18.74 | 56.92 | |
Interest | 0.00 | 0.00 | 0.00 | 8.21 | 3.38 | 13.25 | 31.06 |
Depreciation | 0.00 | 0.00 | 0.17 | 0.37 | 0.51 | 2.53 | 12.22 |
Profit before tax | -0.10 | -0.20 | -1.26 | -12.70 | 7.02 | 20.49 | -6.01 |
Tax % | 0.00% | 0.00% | -0.79% | -0.39% | 0.57% | -13.81% | -35.94% |
-0.10 | -0.20 | -1.25 | -12.65 | 6.98 | 23.33 | -3.85 | |
EPS in Rs | -1,000.00 | -2,000.00 | -1.79 | -3.07 | 1.13 | 3.37 | -0.52 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 50% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 19% |
TTM: | -117% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 2% |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 2% |
Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.00 | 0.00 | 7.00 | 41.18 | 61.57 | 69.20 | 74.40 |
Reserves | -0.10 | -0.29 | -0.03 | 80.83 | 383.42 | 546.48 | 683.59 |
0.05 | 0.12 | 6.03 | 199.98 | 64.30 | 122.77 | 169.89 | |
0.11 | 0.17 | 1.26 | 29.68 | 14.61 | 132.38 | 223.40 | |
Total Liabilities | 0.06 | 0.00 | 14.26 | 351.67 | 523.90 | 870.83 | 1,151.28 |
0.00 | 0.00 | 1.19 | 0.88 | 0.99 | 64.65 | 58.53 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.09 | 0.00 |
Investments | 0.00 | 0.00 | 3.52 | 209.64 | 404.35 | 659.32 | 893.66 |
0.06 | 0.00 | 9.55 | 141.15 | 118.56 | 142.77 | 199.09 | |
Total Assets | 0.06 | 0.00 | 14.26 | 351.67 | 523.90 | 870.83 | 1,151.28 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
-0.05 | -0.06 | -3.89 | -14.12 | -42.32 | 29.55 | 31.93 | |
0.00 | 0.00 | -8.96 | -256.32 | -225.97 | -19.48 | -115.92 | |
0.05 | 0.06 | 12.92 | 317.21 | 222.33 | -10.16 | 102.48 | |
Net Cash Flow | 0.00 | 0.00 | 0.07 | 46.76 | -45.96 | -0.09 | 18.49 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 290.03 | 237.93 | 179.73 | 131.24 | 91.34 | ||
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 290.03 | 237.93 | 179.73 | 131.24 | 91.34 | ||
Working Capital Days | 1,011.43 | 1,411.33 | 2,405.51 | 943.85 | -1,694.30 | ||
ROCE % | -19.64% | -2.68% | 2.50% | 5.41% | 3.01% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 Jul - Veranda's commerce vertical secures 141 CA All India Rankers, including CA Final top 3 in May 2025 exams.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Jul - Certificate filed for securities dematerialization/rematerialization for quarter ended June 30, 2025.
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Announcement under Regulation 30 (LODR)-Allotment
3 Jul - Allotment of 11.86 lakh shares at Rs.221 each for Rs.26.21 Cr to acquire 51% stake in BB Publication.
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Announcement under Regulation 30 (LODR)-Allotment
2 Jul - Allotment of 21.48 lakh shares at Rs.221 each; VALSPL becomes wholly owned subsidiary.
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Closure of Trading Window
28 Jun - Trading window closed from July 1, 2025, till 48 hours post Q1 financial results announcement.
Annual reports
Concalls
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Jun 2025TranscriptNotesPPT
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Jan 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Dec 2023TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
Business Overview:[1]
a) VLSL is part of the Kalpathi AGS Group.
b) It provides education technology solutions, including training programs for competitive exams like State Public Service Commission, Banking, Insurance, Railways, IAS, CA, and professional upskilling.
c) The platform integrates technology, processes, and methodologies to deliver personalized learning experiences nationwide.
d) It offers diversified learning solutions in online, offline hybrid, and offline blended formats for students, aspirants, professionals, and corporate employees.