Veranda Learning Solutions Limited — PPTs, 28-10-2025: Investor Presentation

Veranda Learning Solutions reported a robust Q2 FY26, with revenue up 20% year-on-year to INR 127 Cr. EBITDA surged 63% to INR 48 Cr, achieving a 38% margin, thanks to disciplined cost control and optimized marketing. Profit after tax (PAT) jumped 185% to INR 23 Cr, aided by a one-time gain of INR 133 Cr from vocational segment divestment. All business segments delivered strong results.

The company's strategy focuses on operational excellence, enhancing faculty, accelerating digital admissions, and expanding university partnerships. Recent significant moves include completing the demerger of its Commerce vertical and divesting its Vocational segment into a 50:50 joint venture with SNVA Edutech. A maiden QIP of INR 357 Cr was also launched to clear legacy debt, optimizing the balance sheet.

Management's outlook emphasizes driving scalable growth in its refocused core verticals: Academics and Government Test Prep. Academics aims for a 59% revenue CAGR by FY28, while Government Test Prep targets 30% CAGR, fueled by geographic expansion. The demerged Commerce entity targets INR 1000+ Cr revenue and 8 lakh+ enrollments by FY30, reflecting ambitious growth plans across the board.