Veranda Learning Solutions Reports ₹482 Cr Revenue in FY26; Achieves First PAT Positive Year Since Listing

Veranda Learning Solutions Reports ₹482 Cr Revenue in FY26; Achieves First PAT Positive Year Since Listing​

Veranda Learning Solutions Limited, a prominent education service provider, announced its financial results for the quarter and year ended March 31, 2026. The company reported a significant 35% year-on-year (YoY) growth in revenue from operations for the fiscal year 2026 (FY26), reaching ₹482 Cr. Crucially, the company reported a Profit After Tax (PAT) of ₹129.7 Cr for FY26, marking its first full-year PAT-positive performance since its listing.

The company also noted that overall enrolments grew by 21% for FY26, reaching 2.6 Lacs, with collections increasing by 40%, driven primarily by the Commerce and Government Test preparation verticals.

Financial Performance Highlights​

The quarterly results for Q4FY26 also showed robust growth. Revenue from operations for the quarter stood at ₹132.4 Cr, an increase of 52% YoY. Gross Profit for Q4FY26 rose 72% YoY to ₹90.1 Cr, and gross margins improved to 68% from 65% in the preceding quarter (Q3FY26).

Profitability demonstrated a sharp turnaround in the fiscal year. While the company reported a PAT of ₹15.7 Cr in Q4FY26, the full-year PAT stood at ₹129.7 Cr, a stark contrast to the negative PAT of ₹251.6 Cr recorded in FY25.

The detailed financial data for the quarters and fiscal years is presented below:

Segmental Growth Dynamics​

The segmental performance indicates strong growth across key verticals:

Strategic Focus and Future Growth Pillars​

During FY26, Veranda Learning Solutions implemented several key initiatives to broaden its market reach and services. These included:

1. Commerce Virtuals for Class 11 & 12: Launching Commerce Virtuals, which delivers commerce courses through live and recorded formats, enabling pan-India reach without the need for physical infrastructure.
2. Geographic Expansion (Offline): Expanding the physical presence into new geographies by establishing strategic offline locations in Tier 2 and Tier 3 towns across India.
3. New Government Test Prep Courses: Widening the Government Test Prep course catalogue by launching new offerings, including Group 01 offline programs, Junior IAS, and subscription-based magazine services.

Looking ahead, the company outlined an expansion strategy focused on:

• Government Test Prep Expansion: Extending the Government Test Prep presence into Karnataka, aiming to cater to KPSC and state-level exam aspirants with localized content and offline coaching centres.
• Pre-KG School Operations: Adding managed school services for Pre-KG and expanding the managed K-12 school portfolio to deepen the K-12 value chain.
• Commerce Offline Colleges: Expanding the offline commerce college network to 15 new locations, thereby maximizing the utilization of existing course content and faculty expertise.
• North & West India Presence: Establishing a physical offline presence in North and West India, specifically targeting states like UP, Bihar, Rajasthan, and Gujarat, to reduce regional concentration risk and access a large, underserved student base.

Management Outlook​

Mr. Suresh S. Kalpathi, Executive Director and Chairman of Veranda Learning Solutions, emphasized the company's strong performance, noting the 52% YoY growth in revenue from operations for Q4FY26, and the PAT turnaround to ₹129.7 Cr for the fiscal year.

Mr. Kalpathi also highlighted that the company has progressed significantly in its corporate restructuring, having received the first NCLT approval for the proposed commerce demerger, following shareholder approval at the EGM. The company anticipates the final NCLT approval by mid-July, which is expected to enhance long-term value creation.

Post-demerger, the company aims for 3-4 times revenue growth in the commerce segment over the next 3-4 years through product and geographical expansion, with a long-term goal of achieving over ₹1,000 crore revenue by FY30. Growth in the non-commerce segment is anticipated through geographical expansion within the southern part of India. The management remains focused on strengthening faculty capabilities, accelerating digital admissions, expanding university and corporate partnerships, launching higher-value programs, and improving marketing efficiency to drive scalable growth.

VERANDA Stock Price Movement​

Shares of Veranda Learning Solutions Limited slipped by 0.16% on Friday, closing at ₹234.89. The stock saw a total traded volume of 329,353 shares during the session.