Veefin Solutions Limited — Quarter and year ended March 31, 2026
Audited Standalone Financial Results for the quarter and year ended March 31, 2026 (Rs. in lakhs)
| Particulars | Quarter Ended March 31, 2026 (Audited) (Refer Note 2) | Quarter Ended December 31, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) | Year Ended March 31, 2025 (Audited) |
|---|---|---|---|---|
| Incomes | ||||
| Revenue from Operations | 2,416.72 | 2,018.58 | 7,073.69 | 3,731.92 |
| Other Incomes | 149.30 | 94.38 | 358.23 | 48.63 |
| Total Income | 2,566.02 | 2,112.96 | 7,431.92 | 3,780.55 |
| Expenses | ||||
| Cost for Earning Revenue* | 86.10 | 40.13 | 228.05 | 109.64 |
| Employee Benefits Expenses | 250.54 | 224.69 | 940.66 | 769.13 |
| Finance Costs | 206.74 | 193.44 | 663.88 | 121.57 |
| Depreciation & Amortization Expense | 400.33 | 168.41 | 888.38 | 231.34 |
| Other Expenses | 701.19 | 577.40 | 2,093.35 | 1,143.70 |
| Total Expenses | 1,644.90 | 1,204.07 | 4,814.32 | 2,375.38 |
| Profit before Exceptional & Extraordinary items and Tax | 921.12 | 908.89 | 2,617.60 | 1,405.17 |
| Exceptional Items | – | – | – | – |
| Profit before Extraordinary items and Tax | 921.12 | 908.89 | 2,617.60 | 1,405.17 |
| Extraordinary items | – | – | – | – |
| Profit before Tax | 921.12 | 908.89 | 2,617.60 | 1,405.17 |
| Tax Expense | ||||
| Current Tax | – | – | – | – |
| Deferred Tax Expenses | 345.53 | 308.40 | 797.22 | 290.13 |
| Profit for the period | 575.59 | 600.49 | 1,820.38 | 1,115.04 |
| Particulars | March 31, 2026 | December 31, 2025 | March 31, 2026 | March 31, 2025 |
|---|---|---|---|---|
| Paid up Equity Share Capital (Face value of Rs. 10 each) | 2,544.04 | 2,527.73 | 2,544.04 | 2,274.90 |
| Reserves & Surplus | – | – | 21,595.37 | 12,942.48 |
Earning per share (EPS) (Rs.)
| Type | March 31, 2026 | December 31, 2025 | March 31, 2026 | March 31, 2025 |
|---|---|---|---|---|
| Basic (in Rs.) | 2.28 | 2.49 | 7.54 | 4.93 |
| Diluted (in Rs.) | 2.05 | 2.37 | 7.04 | 4.51 |
Standalone Statement of Assets and Liabilities as at March 31, 2026 (Rs. in lakhs)
| Particulars | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| Equity & Liabilities | ||
| Shareholders funds: | ||
| Share Capital | 2,544.04 | 2,274.90 |
| Reserves and Surplus | 21,595.37 | 12,942.48 |
| Money received against Share Warrants | 1,087.78 | 280.88 |
| Non-Current liabilities: | ||
| Long-Term Borrowings | 1,890.72 | 2,360.57 |
| Deferred Tax Liabilities | 1,416.30 | 619.08 |
| Long Term Provisions | 273.84 | 180.29 |
| Current Liabilities: | ||
| Short Term Borrowings | 2,909.72 | 447.91 |
| Trade Payables: | ||
| (i) Total Outstanding Dues of Micro & Small Enterprises | 26.12 | 5.56 |
| (ii) Total Outstanding Dues of Creditors Other Than Micro & Small Enterprises | 1,960.09 | 206.02 |
| Other Current Liabilities | 2,680.46 | 445.87 |
| Short Term Provisions | 28.33 | 16.30 |
| Total Equity & Liabilities | 36,412.77 | 19,779.86 |
| Particulars | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| Assets | ||
| Non-Current Assets: | ||
| Property, Plant & Equipment and Intangible Assets: | ||
| (i) Property, Plant & Equipment | 275.73 | 245.46 |
| (ii) Intangible Assets | 26,148.71 | 15,497.39 |
| Non-Current Investments | 827.24 | 438.74 |
| Long Term Loans & Advances | 5,892.88 | 117.33 |
| Other Non-Current Assets | 315.46 | 224.33 |
| Current Assets: | ||
| Trade Receivables | 2,047.82 | 1,798.46 |
| Cash and Bank balances | 151.68 | 666.74 |
| Short Term Loans and Advances | 28.27 | 59.87 |
| Other Current Assets | 724.98 | 731.54 |
| Total Assets | 36,412.77 | 19,779.86 |
Standalone Cash Flow Statement for the year ended March 31, 2026 (Rs. in lakhs)
| Particulars | For the Year Ended March 31, 2026 (Audited) | For the Year Ended March 31, 2025 (Audited) |
|---|---|---|
| Cash Flow From Operating Activities: | ||
| Net Profit before tax as per Profit And Loss A/c | 2,617.60 | 1,405.17 |
| Adjustments for: | ||
| Depreciation & Amortisation Expense | 888.38 | 231.34 |
| Interest Income | (323.19) | (27.21) |
| Finance Cost | 663.88 | 121.57 |
| Balance written off | 62.68 | – |
| Capital Gain on Mutual Fund | (6.04) | (0.20) |
| Employees Stock Option Expenses | 259.35 | 258.36 |
| Gratuity Expense | 14.18 | – |
| Interest on income tax refund | (7.90) | (4.26) |
| Operating Profit Before Working Capital Changes | 4,168.94 | 1,989.03 |
| Adjusted for: | ||
| Increase in Long term provision | – | 61.24 |
| Increase/(Decrease) in Trade Payables | 1,774.63 | (221.43) |
| Increase in Other Current Liabilities | 2,158.12 | 37.12 |
| Increase in Short term provision | – | 2.82 |
| Increase in Trade Receivables | (249.36) | (839.85) |
| Decrease in Short Term Loans and Advances | 31.60 | 11.81 |
| Increase in Other Current Assets | (56.12) | (286.26) |
| Increase in Other Non-Current Assets | (91.13) | (64.24) |
| Cash Flow generated From Operations | 7,736.68 | 690.24 |
| Net Income Tax refunded | 7.90 | 98.61 |
| Net Cash Flow from Operating Activities (A) | 7,744.58 | 788.85 |
| Cash Flow From Investing Activities: | ||
| Net Purchases of Property, Plant, Equipments & Intangibles assets | (10,742.35) | (4,811.06) |
| Net Proceeds from Sale of Investment | 6.04 | 0.20 |
| Loans and Advances Given (Net) | (5,775.55) | (67.66) |
| Interest Received | 323.19 | 27.21 |
| Purchase of Investments | – | (420.57) |
| Net Cash Flow used in Investing Activities (B) | (16,188.67) | (5,271.87) |
| Cash Flow from Financing Activities: | ||
| (Repayment)/Proceeds from Long Term Borrowings (Net) | (459.29) | 1,796.03 |
| Proceeds from Short Term Borrowings (Net) | 2,461.81 | 352.60 |
| Proceeds from issue of share (Net) | 6,513.94 | 17.63 |
| Interest on borrowings | (587.41) | (121.57) |
| Net Cash Flow from Financing Activities (C) | 7,929.05 | 2,044.69 |
| Net Decrease in Cash & Cash Equivalents (A+B+C) | (515.06) | (2,438.34) |
| Cash & Cash Equivalents as at Beginning of the Year | 666.74 | 3,105.08 |
| Cash & Cash Equivalents as at End of the Year | 151.68 | 666.74 |
Consolidated Audited Financial Results for the quarter and year ended March 31, 2026 (Rs. in lakhs)
| Particulars | Quarter Ended March 31, 2026 (Audited) (Refer Note 2) | December 31, 2025 (Unaudited) | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|---|---|
| Incomes | ||||
| Revenue from Operations | 13,134.65 | 10,374.36 | 34,512.92 | 7,859.76 |
| Other Incomes | 526.48 | 63.34 | 715.80 | 184.61 |
| Total Income | 13,661.13 | 10,437.70 | 35,228.72 | 8,044.37 |
| Expenses | ||||
| Cost for Earning Revenue* | 4,091.40 | 4,150.99 | 11,407.42 | 854.75 |
| Employee Benefits Expenses | 2,523.50 | 2,695.11 | 9,555.47 | 2,738.54 |
| Finance Costs | 397.32 | 428.64 | 1,192.28 | 68.84 |
| Depreciation & Amortization Expense | 640.27 | 444.77 | 1,820.40 | 509.99 |
| Other Expenses | 3,088.06 | 1,458.23 | 6,034.17 | 1,820.78 |
| Total Expenses | 10,740.55 | 9,177.74 | 30,009.74 | 5,992.90 |
| Profit before Exceptional & Extraordinary items and Tax | 2,920.58 | 1,259.96 | 5,218.98 | 2,051.47 |
| Exceptional Items | – | – | – | – |
| Profit before Extraordinary items and Tax | 2,920.58 | 1,259.96 | 5,218.98 | 2,051.47 |
| Extraordinary items | – | – | – | – |
| Profit before Tax | 2,920.58 | 1,259.96 | 5,218.98 | 2,051.47 |
| Tax Expense | ||||
| Current Tax | 829.18 | 164.64 | 1,127.44 | 163.43 |
| Earlier Year Tax | (7.52) | 13.86 | 6.34 | 21.35 |
| Deferred Tax Expenses | 500.96 | 303.87 | 888.94 | 240.77 |
| Profit for the period | 1,597.96 | 777.59 | 3,196.26 | 1,625.92 |
| Profit for the period attributable to: | ||||
| Minority Interest | 746.39 | 67.88 | 917.77 | 287.59 |
| Shareholders of the company | 851.57 | 709.71 | 2,278.49 | 1,338.33 |
| Paid up Equity Share Capital (Face value of Rs. 10 each) | 2,544.04 | 2,527.73 | 2,544.04 | 2,274.90 |
| Reserves & Surplus | – | – | 56,043.51 | 42,290.16 |
| Earning per share (EPS): | ||||
| Basic (in Rs.) | 3.41 | 2.95 | 9.44 | 5.92 |
| Diluted (in Rs.) | 3.10 | 2.80 | 8.82 | 5.41 |
Consolidated Statement of Assets and Liabilities as at March 31, 2026 (Rs. in lakhs)
| Particulars | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| Equity & Liabilities | ||
| Shareholders funds: | ||
| Share Capital | 2,544.04 | 2,274.90 |
| Reserves and Surplus | 56,043.51 | 42,290.16 |
| Money received against Share Warrants | 1,087.78 | 280.88 |
| Minority Interest | 12,202.85 | 1,822.78 |
| Share Application Money Pending Allotment | – | 204.03 |
| Non-Current liabilities: | ||
| Long-Term Borrowings | 5,297.13 | 678.07 |
| Deferred Tax Liabilities | 1,527.10 | 473.72 |
| Long Term Provisions | 374.90 | 263.69 |
| Current Liabilities: | ||
| Short Term Borrowings | 4,849.77 | 594.00 |
| Trade Payables: | ||
| (i) Total Outstanding Dues of Micro & Small Enterprises | 246.33 | 95.30 |
| (ii) Total Outstanding Dues of Creditors Other Than Micro & Small Enterprises | 7,061.92 | 1,143.14 |
| Other Current Liabilities | 8,260.37 | 1,764.01 |
| Short Term Provisions | 993.17 | 291.73 |
| Total Equity & Liabilities | 1,00,488.87 | 52,176.41 |
| Assets | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| Non-Current Assets: | ||
| Property, Plant & Equipment and Intangible Assets: | ||
| (i) Property, Plant & Equipment | 734.74 | 630.40 |
| (ii) Intangible Assets | 40,081.15 | 18,065.41 |
| (iii) Intangible assets under development | 684.59 | 3,482.76 |
| (iv) Goodwill on Consolidation | 32,824.95 | 17,580.01 |
| Non-Current Investment | 597.46 | – |
| Deferred Tax Asset | 195.14 | 5.15 |
| Long Term Loans & Advances | 656.93 | 569.60 |
| Other Non-Current Assets | 3,871.32 | 473.32 |
| Current Assets: | ||
| Current Investments | 213.65 | 3.31 |
| Trade Receivables | 13,312.54 | 4,965.06 |
| Cash and Bank balances | 1,524.05 | 4,299.88 |
| Short Term Loans and Advances | 1,442.44 | 251.12 |
| Other Current Assets | 4,349.91 | 1,850.39 |
| Total Assets | 1,00,488.87 | 52,176.41 |
Consolidated Cash Flow Statement for the year ended March 31, 2026 (Rs. in lakhs)
| Particulars | For the Year Ended March 31, 2026 (Audited) | For the Year Ended March 31, 2025 (Audited) |
|---|---|---|
| Cash Flow From Operating Activities: | ||
| Net Profit before tax as per Statement of Profit and Loss A/c | 5, |