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 ₹ 2,172 Cr.
- Current Price ₹ 232
- 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: -11.6%
- Company has a low return on equity of 1.76% over last 3 years.
- Promoters have pledged or encumbered 36.2% of their holding.
- 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 | |
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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: | -4% |
1 Year: | -23% |
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 | 270.37 | -987.45 | 2,371.22 | 386.02 | -1,735.44 | ||
ROCE % | -19.64% | -2.68% | 2.50% | 5.41% | 3.01% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
56m - Newspaper Advertisement regarding (02/2025-26) EGM of the Company
- (02/2025-26) EGM Notice Of Veranda Learning Solutions Limited 1d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
31 Jul - Of Earnings Call for the Quarter Ended June 30, 2025
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Board Meeting Intimation for Approving The Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended June 30, 2025
30 Jul - Board meeting on Aug 5 to approve Q1 FY26 financial results; trading window closed till 48 hours post results.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Jul - Video recording of July 28, 2025 investor meet now available on company website.
Annual reports
Concalls
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Jul 2025TranscriptNotesPPT
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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.