Veranda Learning Solutions Limited (VERANDA) Earnings Call Transcripts

Veranda Learning Solutions Limited's Latest Earnings Call - Q4 FY2026

Veranda Learning Solutions Limited reported strong Q4 and FY '26 results, with revenue reaching INR 482 crores, a 35% year-on-year increase, and EBITDA growing 135% to INR 204 crores. The company achieved its first full-year profit since listing, with a PAT of INR 130 crores, compared to a loss of INR 252 crores in FY '25. Management maintained guidance and outlined strategic expansions, including the demerger of its commerce vertical, J.K. Shah Commerce Education Limited, which is expected to unlock significant shareholder value.

Reported metrics

Guidance from management

For FY '27, Veranda targets revenues of approximately INR 670 crores and a PAT of over INR 144 crores, reflecting continued growth and profitability improvements.

What management said

So June 3 is when we are having the next hearing. We Expect to get the final order from NCLT by exactly 30 days from there. So another 2 weeks from there for filing the respective ones with the ROC and other regulatory agencies. We will file for listing and trading permissions. So when we complete this process in July, we expect it to be listed by end of July or by mid-August. That's the time line that we have...

When we sold off, there was one of the entity in North America, we hold one entity. So the operational changes we have left that has been kept non-commerce entity itself. So that was not hived off. So which is continuing to give the revenue and profitability to the existing business in the continuing operations.

What analysts pressed on

Analysts expressed concerns about the timeline and impact of the J.K. Shah demerger, questioning how it would unlock value and affect Veranda's overall valuation. There were also questions about the treatment of outstanding warrants and potential impairments.

Main topics on the call

• Revenue Growth — Veranda reported a 35% year-on-year revenue growth to INR 482 crores, driven by strong enrollment growth and improved operating leverage. 'Revenue from operations for Q4 FY '26 stood at INR 132 crores registering a stron...
• Profitability Improvement — The company achieved its first full-year profit since listing, with a PAT of INR 130 crores, compared to a loss of INR 252 crores in FY '25. 'EBITDA increased 135% year-on-year to INR 204 crores.'
• Demerger of Commerce Vertical — The demerger of J.K. Shah Commerce Education Limited is expected to be completed by July 2026, aiming to unlock shareholder value and focus on growth in the commerce education sector. 'We expect it to be listed by end of...
• Strategic Expansion — Veranda plans to expand its government test prep into Karnataka and its commerce presence into new locations, aiming for a revenue target of INR 1,000 crore by FY '30. 'We plan to expand our off-line college presence int...

Read the full Veranda Learning Solutions Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Veranda Learning Solutions Limited earnings call transcripts on record, spanning January 16, 2025 to May 30, 2026. Based on this history, Veranda Learning Solutions Limited reports semi-annually. The most recent call on file is dated May 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

VERANDA

Exchange

NSEI

Country

IN

Sector

Consumer Discretionary

Industry

Diversified Consumer Services

Calls on record

4

First call

January 16, 2025

Most recent

May 30, 2026

Reporting cadence

semi-annually