Veefin Solutions Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹619 Cr
- P/E
- 27.01
- ROE
- 4.38%
- PEG
- 0.36
- Price to sales
- 1.78
- Debt to equity
- 0.17
- 52W high / low
- ₹397 / ₹214
- EBITDA margin
- 22.17%
- Net profit margin
- 9.33%
- Promoter holding
- 34.73%
- Sales (last year)
- ₹345 Cr
Incorporated in 2020, Veefin Solutions Ltd provides Digital Lending and Supply Chain Finance technology product solutions[1]
Guidance scorecard · Q1 FY27 call
What Veefin Solutions Ltd's management guided
and where it ranks in IT - Services
IT - Services
RevenueQ1 FY27 call
40%+- The company has a strong and growing pipeline, replenishing $20 million in one quarter despite converting $15 million, reflecting robust sales momentum.
- Revenue and profits in the standalone business have more than doubled year-on-year with a 128% jump in revenue and 151% jump in PAT indicating strong growth trajectory.
- The firm focuses on converting a qualified pipeline into contracts and implementations, with cross-selling to existing clients as a key growth lever.
- International pipeline exposure is increasing; over 70% of the pipeline value is outside India and non-supply chain finance.
- Larger multi-product platform deals, including a $15.27 million deal across 5 countries, showcase an evolving mix with higher deal sizes and longer contract tenures.
2 more points from Veefin Solutions Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Veefin Solutions Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
None planned- Current CAPEX cycle is much lower than last year; the company is in a "lazy period" with most of the CAPEX cycle over.
- Debt of Rs. 50 crores was raised primarily to manage working capital gaps and cash flow variability throughout the year, not for new CAPEX.
- Investment continues on the product side to support business growth, but there is no large or material CAPEX planned in the near future.
- Strategic focus is on monetizing the existing multi-product BFSI technology platform, pipeline conversion, and structural work like amalgamation and the PSB Xchange.
2 more points from Veefin Solutions Ltd's call on capex
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FundraisingQ1 FY27 call
PlannedSee what Veefin Solutions Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- The qualified pipeline stands at approximately $80.13 million as of the quarter-end.
- The company added $20.4 million to the pipeline during the quarter.
- They converted $15.27 million from the pipeline into deals in the quarter.
- Nearly $4.5 million worth of pipeline has been deferred due to timeline issues.
- After these adjustments, the active pipeline remains around $80 million.
- The pipeline includes 94 corporate deals at various stages.
- Around 50% of the pipeline involves multi-product deals, indicating cross-selling success.
2 more points from Veefin Solutions Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in IT - Services
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
IT - Services companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹28,129 Cr | 107.9 | |
| 2 | 40%+ | Flat | ₹1,612 Cr | 37.6 | |
| 3 | 40%+ | Flat | ₹1,534 Cr | 131.2 | |
| 4 | Veefin SolutionsThis stock | 40%+ | Flat | ₹571 Cr | 24.8 |
| 5 | 40%+ | Flat | ₹378 Cr | 26.9 | |
| 6 | 40%+ | Flat | ₹84 Cr | 8.3 |
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Pro shows every company guiding 40%+ revenue growth →Full IT - Services rankingFinancials of Veefin Solutions Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Veefin Solutions Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Dec 2025 | Mar 2026 | |
|---|---|---|
| Sales + | 104 | 131 |
| Expenses + | 83 | 97 |
| Operating Profit | 21 | 34 |
| OPM % | 20% | 26% |
| Other Income + | 1 | 5 |
| Interest | 4 | 4 |
| Depreciation | 4 | 6 |
| Profit before tax | 13 | 29 |
| Tax % | 38% | 45% |
| Net Profit + | 8 | 16 |
| EPS in Rs | 2.78 | 3.34 |
Financials of Veefin Solutions Ltd
Profit & Loss
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales + | 7 | 14 | 25 | 79 | 345 |
| Expenses + | 5 | 9 | 14 | 54 | 270 |
| Operating Profit | 1 | 5 | 11 | 24 | 75 |
| OPM % | 17% | 37% | 44% | 31% | 22% |
| Other Income + | 0 | 0 | 0 | 2 | 7 |
| Interest | 0 | 0 | 0 | 1 | 12 |
| Depreciation | 0 | 0 | 1 | 5 | 18 |
| Profit before tax | 1 | 5 | 10 | 21 | 52 |
| Tax % | 0% | 20% | 23% | 21% | 39% |
| Net Profit + | 1 | 4 | 7 | 16 | 32 |
| EPS in Rs | 733.87 | 2.33 | 3.28 | 5.58 | 8.92 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Financials of Veefin Solutions Ltd
Balance Sheet
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 18 | 23 | 23 | 25 |
| Reserves | 9 | 26 | 102 | 428 | 571 |
| Borrowings + | 4 | 1 | 5 | 13 | 101 |
| Other Liabilities + | 3 | 7 | 15 | 58 | 307 |
| Total Liabilities | 16 | 52 | 145 | 522 | 1,005 |
| Fixed Assets + | 14 | 41 | 94 | 363 | 743 |
| CWIP | 0 | 0 | 0 | 35 | 0 |
| Investments | 0 | 0 | 0 | 0 | 8 |
| Other Assets + | 2 | 11 | 51 | 124 | 254 |
| Total Assets | 16 | 52 | 145 | 522 | 1,005 |
Financials of Veefin Solutions Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 0 | -0 | 8 | 1 | 77 |
| Cash from Investing Activity + | -6 | -24 | -45 | -273 | -339 |
| Cash from Financing Activity + | 6 | 26 | 68 | 284 | 235 |
| Net Cash Flow | 0 | 1 | 30 | 11 | -28 |
| Free Cash Flow | -6 | -25 | -37 | -90 | -104 |
| CFO/OP | 17% | -7% | 77% | 23% | 96% |
Financials of Veefin Solutions Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 46 | 193 | 143 | 231 | 141 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 46 | 193 | 143 | 231 | 141 |
| Working Capital Days | -108 | 108 | 101 | 148 | -22 |
| ROCE % | 19% | 11% | 7% | 10% |
Guidance history
How Veefin Solutions Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 40%+ | Flat | None planned | Planned | Rising |
| Q4 FY26 call → | 20–40% | Flat | None planned | — | Rising |
| Q3 FY26 call → | 20–40% | Flat | Planned | — | Rising |
| Q2 FY26 call → | 40%+ | Up 2%+ | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
12 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −36.3% | 15% |
| Last 6 months | −10.1% | 36% |
| Last 3 months | −18.7% | 20% |
The price is 66% below its all-time high of ₹712.75 (13 Dec 2024). Stocks more than 20% below their peak have their score halved, so 25 became 12.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Veefin Solutions Ltd: 0.4 × 15 + 0.4 × 36 + 0.2 × 20 = 25, halved to 12 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Veefin Solutions Ltd's management said in earlier quarters
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