Veranda Learning Solutions Ltd Q4 FY26 Results

Summary

Veranda Learning Solutions Limited reported a strong performance for Q4FY26 and the full fiscal year 2026. The company achieved its first full-year PAT-positive status post-listing, with FY26 revenue surging 35% year-over-year to ₹482 crore and a positive PAT of ₹129.7 crore, marking a sharp turnaround from the previous fiscal year. Q4FY26 revenue from operations grew 52% year-over-year to ₹132 crore, while Profit After Tax for the quarter rose 89% to ₹16 crore. EBITDA for FY26 increased by 135% to ₹204 crore, with margins improving significantly to 42.4%. Management highlighted sustained momentum in student enrolments, course portfolio expansion, and healthy traction across both online and offline formats as key drivers for the robust close to FY26.

Key Highlights

1. 1

   FY26 revenue from operations surged by 35% year-over-year to ₹482 crore, supported by strong business momentum.

2. 2

   The company achieved its first full-year PAT-positive performance since listing, reporting a positive Profit After Tax (PAT) of ₹129.7 crore for FY26, a sharp turnaround from a negative PAT of ₹251.6 crore in FY25.

3. 3

   Q4FY26 revenue from operations stood at ₹132 crore, marking a significant 52% year-over-year increase.

4. 4

   Profit After Tax (PAT) for Q4FY26 increased by 89% year-over-year to ₹16 crore.

5. 5

   EBITDA for FY26 increased by 135% to ₹204 crore, with EBITDA margins rising significantly to 42.4%, compared to 24.3% in FY25.

6. 6

   Gross profit for Q4FY26 grew by 72% year-over-year to ₹90 crore, with gross margins improving to 68% from 65% in Q3FY26.

7. 7

   Overall enrolments for FY26 grew by 21% to 2.6 lacs, with collections increasing by 40%, primarily driven by the Commerce and Govt. Test prep segments.