Veranda Learning Solutions Ltd
Incorporated in 2018, Veranda Learning Solutions Ltd is developing & managing an integrated online-to-offline (O2O) EdTech platform which offers a wide range of learning programs for learners preparing for competitive and professional exams[1]
- Market Cap ₹ 1,734 Cr.
- Current Price ₹ 243
- High / Low ₹ 366 / 135
- Stock P/E 82.9
- Book Value ₹ 93.7
- Dividend Yield 0.00 %
- ROCE 5.41 %
- ROE 4.40 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 198% CAGR over last 5 years
- Debtor days have improved from 183 to 131 days.
Cons
- Stock is trading at 2.59 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 2.01% over last 3 years.
- Promoters have pledged 36.2% of their holding.
- Earnings include an other income of Rs.26.3 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Education Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
0 | 0 | 3 | 12 | 17 | 39 | 47 | |
0 | 0 | 4 | 18 | 44 | 22 | 24 | |
Operating Profit | -0 | -0 | -1 | -6 | -27 | 18 | 24 |
OPM % | -39% | -45% | -158% | 44% | 50% | ||
0 | 0 | 0 | 1 | 38 | 19 | 26 | |
Interest | 0 | 0 | 0 | 8 | 3 | 13 | 23 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 3 | 6 |
Profit before tax | -0 | -0 | -1 | -13 | 7 | 20 | 21 |
Tax % | 0% | 0% | -1% | -0% | 1% | -14% | |
-0 | -0 | -1 | -13 | 7 | 23 | 21 | |
EPS in Rs | -1,000.00 | -2,000.00 | -1.79 | -3.07 | 1.13 | 3.37 | 3.01 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 137% |
TTM: | 102% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 198% |
3 Years: | 174% |
TTM: | 34% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -12% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 2% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.00 | 0.00 | 7 | 41 | 62 | 69 | 71 |
Reserves | -0 | -0 | -0 | 81 | 383 | 546 | 597 |
0 | 0 | 6 | 200 | 64 | 123 | 125 | |
0 | 0 | 1 | 30 | 15 | 132 | 133 | |
Total Liabilities | 0 | 0 | 14 | 352 | 524 | 871 | 927 |
0 | 0 | 1 | 1 | 1 | 65 | 69 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 4 | 0 |
Investments | 0 | 0 | 4 | 210 | 404 | 659 | 662 |
0 | 0 | 10 | 141 | 119 | 143 | 196 | |
Total Assets | 0 | 0 | 14 | 352 | 524 | 871 | 927 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-0 | -0 | -4 | -14 | -42 | 30 | |
0 | 0 | -9 | -256 | -226 | -19 | |
0 | 0 | 13 | 317 | 222 | -10 | |
Net Cash Flow | 0 | 0 | 0 | 47 | -46 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 290 | 238 | 180 | 131 | ||
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 290 | 238 | 180 | 131 | ||
Working Capital Days | 1,011 | 1,411 | 2,406 | 944 | ||
ROCE % | -20% | -3% | 2% | 5% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Submission of Copies of Newspaper Publications for Corrigendum to the Notice of EGM
-
Corrigendum To The Notice Of The Extra-Ordinary General Meeting To Be Held On January 09, 2025
2d - Corrigendum to EGM notice for preferential issue.
- Closure of Trading Window 30 Dec
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
19 Dec - Collaboration with SRMIST for CA coaching classes.
-
Disclosure Under Regulation 30(3) Of SEBI (LODR) Reg, 2015
15 Dec - Amendment of debenture trust deed with Axis Trustee.
Business Overview:[1]
a) VLSL is part of the Kalpathi AGS Group.
b) It provides education technology solutions, including training programs for competitive exams like State Public Service Commission, Banking, Insurance, Railways, IAS, CA, and professional upskilling.
c) The platform integrates technology, processes, and methodologies to deliver personalized learning experiences nationwide.
d) It offers diversified learning solutions in online, offline hybrid, and offline blended formats for students, aspirants, professionals, and corporate employees.