Veranda Learning Solutions Limited — Investor Meet, 08-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Veranda Learning reported a strong Q1 FY26: Revenue at INR 139 Cr (+17% YoY), EBITDA nearly doubled to INR 55 Cr, and PAT reached INR 6 Cr (+123% YoY). The company successfully completed a INR 357 Cr QIP, reducing debt to INR 195 Cr.

Management is executing Veranda 2.0, focusing on profitable growth and deleveraging, aiming to refinance high-cost debt by March '26. The demerger of the commerce vertical (JK Shah Commerce Education Ltd) is on track for separate listing by next year. Operational highlights include strong student onboarding in academics, vocational placements, and new market traction in government test prep. The outlook is confident, with FY26 guidance remaining intact, highlighting a shift towards sustainable performance.