
About Veranda Learning Solutions Limited
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Veranda Learning Solutions Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the elearning and digital education segment of the education sector. It was incorporated on 20 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L74999TN2018PLC125880. Its GSTIN is 33AARCA5869K1Z0 (Tamil Nadu). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 543514 and NSE: VERANDA.
The company has an authorised share capital of ₹147.5 Cr and a paid-up capital of ₹96.51 Cr. It was formerly known as Andromeda Edutech Private Limited and Veranda Learning Solutions Private Limited. It is led by directors including Kalpathi Subramanian Suresh (Managing Director) and Lakshminarayanan Seshadri.
Its last annual general meeting (AGM) was held on 06 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Chennai, Tamil Nadu.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹481.51 Cr, a growth of 34.6% compared to the previous year. For the same year it recorded a net profit of ₹4.43 Cr (net margin 0.9%) and EBITDA of ₹118.59 Cr (EBITDA margin 24.6%). The net worth stands at ₹958.37 Cr (up 272.9% YoY). Total assets are valued at ₹1,642.86 Cr (up 19.3% YoY).
The company has about 37 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 3 brands: Race Institute, BAssure and Veranda Learning. As per MCA filings, the company has open charges of ₹140 Cr and satisfied charges of ₹1,078.18 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company and 9 filed against it. The company has 29 deals on record (16 market trades, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹520.82 Cr; the latest was in May 2026. The company has 9 MSME Form 1 returns on record between 2021 and 2024, listing 99 overdue payments to 31 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verandalearning.com.
Company details
Name history
Veranda Learning Solutions has undergone 2 name changes throughout its history. The company was previously known as Andromeda Edutech Private Limited, and Veranda Learning Solutions Private Limited. The current legal name is Veranda Learning Solutions Limited.
| Company Name | Status |
|---|---|
| Veranda Learning Solutions Limited | Current |
| Andromeda Edutech Private Limited | Previous |
| Veranda Learning Solutions Private Limited | Previous |
CIN history
Veranda Learning Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999TN2018PLC125880, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999TN2018PLC125880 | Current |
| U74999TN2018PTC125880 | Previous |
| U74999TN2018PLC125880 | Previous |
Contact details
Veranda Learning Solutions Limited's registered office is in Chennai, Tamil Nadu. Its website is verandalearning.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG.R Complex First Floor No .807 – 808, Anna Salai, Chennai, Tamil Nadu, India – 600035
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Veranda Learning Solutions Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Veranda Learning Solutions operates multiple associated brands including Race Institute, BAssure, and Veranda Learning. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coaching classes for government and banking exam preparation are provided. | raceinstitute.in | |
| Provider of software, mobile application & API development and UI/UX design services | bassure.com | |
| Government exam preparation is provided through centers and online courses. | verandalearning.com |
Business activity
The main business activity of Veranda Learning Solutions is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Veranda Learning Solutions Limited, buy the company report.
Financials of Veranda Learning Solutions Limited
FY 2025-26 filings availableVeranda Learning Solutions Limited reported revenue of ₹481.51 Cr (up 34.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 482 | 358 | 362 | 165 | 75.05 | 2.54 |
| Revenue growth | +34.6% | -1.1% | +118.7% | +120.4% | +2854.7% | - |
| EBITDA | 119 | 6.03 | 54.47 | (71.83) | (39.37) | (7.62) |
| EBITDA margin | +24.6% | +1.7% | +15.1% | -43.4% | -52.5% | -300.0% |
| Profit before tax | 154 | (246) | (82.57) | (89.43) | (61.21) | (8.28) |
| Net profit | 4.43 | (247) | (80.66) | (111) | (58.50) | (8.27) |
| Net profit margin | +0.9% | -69.0% | -22.3% | -67.2% | -78.0% | -325.6% |
| EPS (₹) | 10.97 | (33.25) | (11.66) | (12.87) | (14.21) | (1.18) |
| Balance sheet | ||||||
| Total assets | 1,643 | 1,377 | 1,372 | 759 | 310 | 6.91 |
| Net worth | 958 | 257 | 376 | 306 | 76.98 | (0.06) |
| Total debt | 382 | 660 | 583 | 306 | 203 | 6.93 |
| Cash & bank | 29.87 | 75.73 | 28.79 | 86.94 | 76.34 | 0.45 |
| Net working capital | (27.16) | (246) | (78.09) | 53.61 | 68.94 | 0.47 |
| Cash flow | ||||||
| Cash from operations | 106 | 31.65 | 26.68 | 14.95 | (39.29) | (5.22) |
| Cash from investing | (103) | (48.75) | (231) | (342) | (225) | (6.14) |
| Cash from financing | (26.09) | 50.98 | 139 | 363 | 313 | 11.79 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 150 | 132 | 117 | 127 | 106 | 87.33 | 99.15 | 106 |
| Revenue growth (YoY) | +41.5% | +51.6% | +17.8% | +19.7% | -11.2% | - | - | - |
| Other income | 3.81 | 10.52 | 10.38 | 92.30 | 20.46 | 38.80 | (0.77) | 1.81 |
| EBITDA | 51.91 | 42.87 | 37.71 | 43.92 | 31.53 | 18.01 | (32.63) | 22.90 |
| EBITDA margin | +34.7% | +32.4% | +32.3% | +34.7% | +29.8% | +20.6% | -32.9% | +21.6% |
| Depreciation | 14.40 | 14.83 | 15.21 | 14.25 | 14.00 | 15.44 | 140 | 20.31 |
| Interest | 10.90 | 14.81 | 13.24 | 19.25 | 30.52 | 35.66 | 33.20 | 32.89 |
| Profit before tax | 30.42 | 23.75 | 19.64 | 103 | 7.47 | 5.71 | (206) | (28.49) |
| Tax | (3.45) | 8.05 | 7.11 | 7.08 | 1.56 | (2.60) | (3.21) | 3.65 |
| Net profit | 33.87 | 15.70 | 12.53 | 95.64 | 5.91 | 8.31 | (203) | (32.14) |
| EPS (₹) | 3.00 | 0.91 | 1.07 | 10.45 | (0.09) | 0.60 | (27.15) | (4.46) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 29.89 | 41.08 | 39.41 | 17.14 | 12.15 | 2.97 | 0.00 |
| Revenue growth | -27.2% | +4.2% | +129.9% | +41.1% | +309.1% | - | - |
| EBITDA | (6.34) | (19.64) | 17.54 | (27.00) | (5.49) | (1.16) | (0.20) |
| EBITDA margin | -21.2% | -47.8% | +44.5% | -157.5% | -45.2% | -39.1% | - |
| Profit before tax | 3.40 | (6.01) | 20.50 | 7.02 | (12.69) | (1.25) | (0.20) |
| Net profit | 5.52 | (3.85) | 23.33 | 6.98 | (12.64) | (1.24) | (0.20) |
| Net profit margin | +18.5% | -9.4% | +59.2% | +40.7% | -104.0% | -41.8% | - |
| EPS (₹) | (0.10) | (0.52) | 3.37 | 1.13 | (3.07) | (0.18) | (1,958.00) |
| Balance sheet | |||||||
| Total assets | 1,579 | 940 | 850 | 520 | 332 | 13.04 | (0.18) |
| Net worth | 1,218 | 758 | 616 | 445 | 122 | 6.97 | (0.29) |
| Total debt | 351 | 170 | 123 | 64.30 | 200 | 6.03 | 0.12 |
| Cash & bank | 6.59 | 19.93 | 0.81 | 0.89 | 72.60 | 0.09 | 0.00 |
| Net working capital | (3.76) | (172) | 103 | 114 | 120 | 8.32 | (0.18) |
| Cash flow | |||||||
| Cash from operations | (7.29) | 31.93 | 29.55 | (42.32) | (14.12) | (3.89) | (0.06) |
| Cash from investing | (581) | (116) | (19.48) | (226) | (256) | (8.96) | 0.00 |
| Cash from financing | 576 | 102 | (10.16) | 222 | 317 | 12.92 | 0.06 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.79 | 4.94 | 3.58 | 9.10 | 12.27 | 9.59 | 10.67 | 11.28 |
| Revenue growth (YoY) | -52.8% | -48.5% | -66.5% | -19.3% | +28.6% | - | - | - |
| Other income | 10.19 | 10.68 | 19.57 | 14.62 | 7.59 | 36.72 | 7.51 | 6.79 |
| Total expenses | 4.99 | 7.68 | 11.97 | 7.00 | 9.59 | 32.54 | 16.11 | 6.22 |
| EBITDA | 0.80 | (2.74) | (8.39) | 2.10 | 2.68 | (22.95) | (5.44) | 5.06 |
| EBITDA margin | +13.8% | -55.5% | -234.4% | +23.1% | +21.8% | -239.3% | -51.0% | +44.9% |
| Depreciation | 0.08 | 0.07 | 0.78 | 1.13 | 1.10 | 1.33 | 6.99 | 2.15 |
| Interest | 10.79 | 10.77 | 8.94 | 11.20 | 8.71 | 10.30 | 8.09 | 6.53 |
| Profit before tax | 0.12 | (2.90) | 1.46 | 4.39 | 0.46 | 2.14 | (13.01) | 3.17 |
| Tax | 0.19 | 0.37 | 0.37 | 3.18 | 0.41 | (5.43) | 0.81 | 2.53 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 150 | 132 | 117 | 127 | 106 | 87.33 | 99.15 | 106 |
| Revenue growth (YoY) | +41.5% | +51.6% | +17.8% | +19.7% | -11.2% | - | - | - |
| Other income | 3.81 | 10.52 | 10.38 | 92.30 | 20.46 | 38.80 | (0.77) | 1.81 |
| EBITDA | 51.91 | 42.87 | 37.71 | 43.92 | 31.53 | 18.01 | (32.63) | 22.90 |
| EBITDA margin | +34.7% | +32.4% | +32.3% | +34.7% | +29.8% | +20.6% | -32.9% | +21.6% |
| Depreciation | 14.40 | 14.83 | 15.21 | 14.25 | 14.00 | 15.44 | 140 | 20.31 |
| Interest | 10.90 | 14.81 | 13.24 | 19.25 | 30.52 | 35.66 | 33.20 | 32.89 |
| Profit before tax | 30.42 | 23.75 | 19.64 | 103 | 7.47 | 5.71 | (206) | (28.49) |
| Tax | (3.45) | 8.05 | 7.11 | 7.08 | 1.56 | (2.60) | (3.21) | 3.65 |
| Net profit | 33.87 | 15.70 | 12.53 | 95.64 | 5.91 | 8.31 | (203) | (32.14) |
| EPS (₹) | 3.00 | 0.91 | 1.07 | 10.45 | (0.09) | 0.60 | (27.15) | (4.46) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 482 | 358 | 362 | 165 | 75.05 | 2.54 |
| Revenue growth | +34.6% | -1.1% | +118.7% | +120.4% | +2854.7% | - |
| Other income | 172 | 43.08 | 8.29 | 38.56 | 0.55 | 0.00 |
| Total expenses | 363 | 352 | 307 | 237 | 114 | 10.16 |
| Employee cost | 61.30 | 69.82 | 81.83 | 58.55 | 31.64 | 3.20 |
| EBITDA | 119 | 6.03 | 54.47 | (71.83) | (39.37) | (7.62) |
| EBITDA margin | +24.6% | +1.7% | +15.1% | -43.4% | -52.5% | -300.0% |
| Depreciation | 58.35 | 164 | 66.68 | 45.46 | 13.82 | 0.63 |
| Interest | 78.22 | 131 | 78.65 | 10.70 | 8.57 | 0.03 |
| Profit before tax | 154 | (246) | (82.57) | (89.43) | (61.21) | (8.28) |
| Tax | 23.78 | 5.79 | (5.48) | (10.22) | (2.71) | (0.01) |
| Net profit | 4.43 | (247) | (80.66) | (111) | (58.50) | (8.27) |
| Net profit margin | +0.9% | -69.0% | -22.3% | -67.2% | -78.0% | -325.6% |
| EPS (₹) | 10.97 | (33.25) | (11.66) | (12.87) | (14.21) | (1.18) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 96.18 | 74.51 | 69.32 | 61.57 | 41.18 | 7.00 |
| Reserves & surplus | 855 | 175 | 292 | 229 | (10.95) | (7.06) |
| Shareholders' funds (net worth) | 958 | 257 | 376 | 306 | 76.98 | (0.06) |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 256 | 440 | 432 | 189 | 129 | 0.51 |
| Unsecured loans | 127 | 220 | 152 | 117 | 73.79 | 6.42 |
| Total debt | 382 | 660 | 583 | 306 | 203 | 6.93 |
| Total liabilities | 1,643 | 1,377 | 1,372 | 759 | 310 | 6.91 |
| Assets | ||||||
| Gross block | 1,596 | 2,003 | 1,532 | 813 | 271 | 4.19 |
| Net block | 1,268 | 1,612 | 1,432 | 734 | 255 | 3.83 |
| Capital work in progress | 0.16 | 0.30 | 9.89 | 2.74 | 0.00 | 2.17 |
| Investments | 394 | 4.60 | 4.73 | 0.01 | 0.00 | 0.00 |
| Inventories | 2.93 | 3.02 | 2.48 | 1.32 | 0.64 | 0.72 |
| Sundry debtors | 33.63 | 46.11 | 38.96 | 5.51 | 3.45 | 0.32 |
| Cash & bank balances | 29.87 | 75.73 | 28.79 | 86.94 | 76.34 | 0.45 |
| Loans & advances | 72.70 | 103 | 90.85 | 41.84 | 40.94 | 3.58 |
| Total current assets | 139 | 228 | 161 | 136 | 121 | 5.07 |
| Total current liabilities | 166 | 474 | 239 | 82.00 | 52.43 | 4.60 |
| Net working capital | (27.16) | (246) | (78.09) | 53.61 | 68.94 | 0.47 |
| Total assets | 1,643 | 1,377 | 1,372 | 759 | 310 | 6.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 53.60 | 19.71 | 84.82 | 48.70 | 0.43 | 0.00 |
| Net cash from operating activities | 106 | 31.65 | 26.68 | 14.95 | (39.29) | (5.22) |
| Net cash from investing activities | (103) | (48.75) | (231) | (342) | (225) | (6.14) |
| Net cash from financing activities | (26.09) | 50.98 | 139 | 363 | 313 | 11.79 |
| Net change in cash | (23.73) | 33.89 | (65.10) | 36.12 | 48.27 | 0.43 |
| Closing cash | 29.87 | 75.73 | 28.79 | 86.94 | 76.34 | 0.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +34.6% | -1.1% | +118.7% | +120.4% | +2854.7% | - |
| EBITDA growth | +1866.7% | -88.9% | +175.8% | -82.5% | -416.7% | - |
| PBT growth | +9998.0% | -197.8% | +7.7% | -46.1% | -639.3% | +9997.0% |
| Net income growth | +101.8% | -206.1% | +27.4% | -90.0% | -607.4% | - |
| Revenue CAGR (3Y) | +42.8% | +68.3% | +422.2% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +27.0% | -70.4% | -21.3% | -47.9% | -78.0% | -325.6% |
| Return on capital employed | +8.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +3.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.86 | 1.96 | 1.30 | 1.33 | 2.73 | 0.00 |
| Long-term debt / equity | 0.74 | 1.53 | 1.01 | 1.07 | 1.63 | 0.00 |
| Interest cover | 129.85 | -83.19 | -644.14 | -9.12 | -16.11 | -0.36 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 0.27 | 0.20 | 0.31 | 0.31 | 0.55 | 0.61 |
| Inventory turnover | 161.85 | 130.08 | 190.38 | 168.74 | 110.37 | 3.53 |
| Debtors turnover | 12.08 | 8.41 | 16.27 | 36.91 | 39.81 | 7.94 |
| EPS (₹) | 10.97 | (33.25) | (11.66) | (12.87) | (14.21) | (1.18) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 98.92 | 33.58 | 52.13 | 47.20 | 7.34 | (0.01) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.79 | 4.94 | 3.58 | 9.10 | 12.27 | 9.59 | 10.67 | 11.28 |
| Revenue growth (YoY) | -52.8% | -48.5% | -66.5% | -19.3% | +28.6% | - | - | - |
| Other income | 10.19 | 10.68 | 19.57 | 14.62 | 7.59 | 36.72 | 7.51 | 6.79 |
| Total expenses | 4.99 | 7.68 | 11.97 | 7.00 | 9.59 | 32.54 | 16.11 | 6.22 |
| EBITDA | 0.80 | (2.74) | (8.39) | 2.10 | 2.68 | (22.95) | (5.44) | 5.06 |
| EBITDA margin | +13.8% | -55.5% | -234.4% | +23.1% | +21.8% | -239.3% | -51.0% | +44.9% |
| Depreciation | 0.08 | 0.07 | 0.78 | 1.13 | 1.10 | 1.33 | 6.99 | 2.15 |
| Interest | 10.79 | 10.77 | 8.94 | 11.20 | 8.71 | 10.30 | 8.09 | 6.53 |
| Profit before tax | 0.12 | (2.90) | 1.46 | 4.39 | 0.46 | 2.14 | (13.01) | 3.17 |
| Tax | 0.19 | 0.37 | 0.37 | 3.18 | 0.41 | (5.43) | 0.81 | 2.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 29.89 | 41.08 | 39.41 | 17.14 | 12.15 | 2.97 | 0.00 |
| Revenue growth | -27.2% | +4.2% | +129.9% | +41.1% | +309.1% | - | - |
| Other income | 52.46 | 56.92 | 18.74 | 37.91 | 1.38 | 0.08 | 0.00 |
| Total expenses | 36.23 | 60.72 | 21.87 | 44.14 | 17.64 | 4.13 | 0.20 |
| Employee cost | 8.20 | 14.34 | 12.61 | 10.96 | 7.26 | 1.66 | 0.00 |
| EBITDA | (6.34) | (19.64) | 17.54 | (27.00) | (5.49) | (1.16) | (0.20) |
| EBITDA margin | -21.2% | -47.8% | +44.5% | -157.5% | -45.2% | -39.1% | - |
| Depreciation | 3.09 | 12.22 | 2.53 | 0.51 | 0.37 | 0.17 | 0.00 |
| Interest | 39.63 | 31.07 | 13.25 | 3.38 | 8.21 | 0.00 | 0.00 |
| Profit before tax | 3.40 | (6.01) | 20.50 | 7.02 | (12.69) | (1.25) | (0.20) |
| Tax | 4.33 | (2.16) | (2.83) | 0.04 | (0.05) | (0.01) | 0.00 |
| Net profit | 5.52 | (3.85) | 23.33 | 6.98 | (12.64) | (1.24) | (0.20) |
| Net profit margin | +18.5% | -9.4% | +59.2% | +40.7% | -104.0% | -41.8% | - |
| EPS (₹) | (0.10) | (0.52) | 3.37 | 1.13 | (3.07) | (0.18) | (1,958.00) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 96.17 | 74.40 | 69.20 | 61.57 | 41.18 | 7.00 | 0.00 |
| Reserves & surplus | 1,114 | 677 | 531 | 368 | 34.08 | (0.03) | (0.29) |
| Shareholders' funds (net worth) | 1,218 | 758 | 616 | 445 | 122 | 6.97 | (0.29) |
| Secured loans | 0.00 | 0.00 | 41.66 | 0.00 | 123 | 0.51 | 0.00 |
| Unsecured loans | 351 | 170 | 81.11 | 64.30 | 76.94 | 5.52 | 0.12 |
| Total debt | 351 | 170 | 123 | 64.30 | 200 | 6.03 | 0.12 |
| Total liabilities | 1,579 | 940 | 850 | 520 | 332 | 13.04 | (0.18) |
| Assets | |||||||
| Gross block | 8.67 | 66.56 | 65.26 | 1.59 | 1.41 | 1.36 | 0.00 |
| Net block | 0.54 | 58.53 | 64.65 | 0.99 | 0.87 | 1.19 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 4.09 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1,273 | 894 | 659 | 404 | 210 | 3.52 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 4.29 | 10.28 | 14.17 | 8.44 | 7.92 | 2.36 | 0.00 |
| Cash & bank balances | 6.59 | 19.93 | 0.81 | 0.89 | 72.60 | 0.09 | 0.00 |
| Loans & advances | 4.39 | 10.42 | 108 | 108 | 58.90 | 7.09 | 0.00 |
| Total current assets | 15.27 | 40.63 | 123 | 117 | 139 | 9.54 | 0.00 |
| Total current liabilities | 19.03 | 212 | 20.48 | 3.44 | 19.84 | 1.22 | 0.18 |
| Net working capital | (3.76) | (172) | 103 | 114 | 120 | 8.32 | (0.18) |
| Total assets | 1,579 | 940 | 850 | 520 | 332 | 13.04 | (0.18) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 19.27 | 0.78 | 0.87 | 46.83 | 0.07 | 0.00 | 0.00 |
| Net cash from operating activities | (7.29) | 31.93 | 29.55 | (42.32) | (14.12) | (3.89) | (0.06) |
| Net cash from investing activities | (581) | (116) | (19.48) | (226) | (256) | (8.96) | 0.00 |
| Net cash from financing activities | 576 | 102 | (10.16) | 222 | 317 | 12.92 | 0.06 |
| Net change in cash | (12.68) | 18.49 | (0.09) | (45.96) | 46.76 | 0.07 | 0.00 |
| Closing cash | 6.59 | 19.93 | 0.81 | 0.89 | 72.60 | 0.09 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -27.2% | +4.2% | +129.9% | +41.1% | +309.1% | - | - |
| EBITDA growth | +67.7% | -212.0% | +165.0% | -391.8% | -373.3% | -480.0% | - |
| PBT growth | +9998.0% | - | +192.0% | +9998.0% | -915.2% | -525.0% | -100.0% |
| Net income growth | +243.4% | -116.5% | +234.2% | +155.2% | -919.4% | -520.0% | - |
| Revenue CAGR (3Y) | +20.4% | +50.1% | +136.8% | - | - | - | - |
| EBITDA CAGR (3Y) | -38.3% | +52.9% | - | +413.0% | +280.1% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -3.1% | -9.4% | +59.2% | +40.7% | -104.0% | -41.8% | - |
| Return on capital employed | +4.3% | +2.8% | +4.9% | +2.4% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +0.6% | -0.6% | +4.4% | +2.4% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.26 | 0.21 | 0.18 | 0.47 | 1.60 | 0.92 | 0.00 |
| Long-term debt / equity | 0.26 | 0.17 | 0.12 | 0.32 | 0.93 | 0.00 | 0.00 |
| Interest cover | -420.25 | -97.52 | 88.27 | -12.29 | -140.10 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.79 | 0.62 | 1.18 | 11.43 | 8.77 | 4.37 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.10 | 3.36 | 3.49 | 2.10 | 2.36 | 2.52 | 0.00 |
| EPS (₹) | (0.10) | (0.52) | 3.37 | 1.13 | (3.07) | (0.18) | (1,958.00) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 125.87 | 100.93 | 86.76 | 69.78 | 18.28 | 1.00 | (2,932.00) |
To see the full year-wise statements and ratios of Veranda Learning Solutions Limited, buy the company report.
Board of directors of Veranda Learning Solutions Limited
Veranda Learning Solutions has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshminarayanan Seshadri | Director | 29 Oct 2021 | 5 Years 0 Months | Current |
| Kalpathi Archana Also directs: Nodi Entertainment Private Limited, Minitglobe Entertainment Private Limited, Ags Entertainment Network Private Limited and 3 more | Director | 29 Oct 2021 | 5 Years 0 Months | Current |
| Pillaipakkam Bahukudumbi Srinivasan | Director | 29 Oct 2021 | 5 Years 0 Months | Current |
| Kalpathi Subramaniam Ganesh Also directs: Kalpathi Ags Entertainment LLP, Kalpathi Investments Private Limited, Yuva Active Advocacy Forum and 4 more | Director | 28 Oct 2020 | 6 Years 0 Months | Current |
| Kalpathi Subramanian Suresh Also directs: Kalpathi Ags Entertainment LLP, Kalpathi Investments Private Limited, Yuva Active Advocacy Forum and 4 more | Managing Director | 28 Oct 2021 | 5 Years 0 Months | Current |
| Kalpathi Subramanyam Aghoram Also directs: Kalpathi Ags Entertainment LLP, Kalpathi Investments Private Limited, Yuva Active Advocacy Forum and 4 more | Director | 28 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Veranda Learning Solutions Limited is audited by Deloitte Haskins & Sells for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2025 | 008072S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 33.80%, foreign institutional investors hold 2.80%, domestic institutional investors hold 0.60% and retail and other public shareholders hold 62.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 33.80% | 33.80% | 34.00% | 34.00% |
| Public | 66.20% | 66.20% | 66.00% | 66.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2026 | 101239571 | Sbicap Trustee Company Limited | ₹140 Cr | Open | |
| 25 Feb 2026 | 101240385 | Others | ₹127.2 Cr | Satisfied | |
| 15 Apr 2024 | 100913640 | Others | ₹545 Cr | Satisfied | |
| 15 Apr 2024 | 100931663 | Others | ₹125 Cr | Satisfied | |
| 16 Feb 2024 | 100886378 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Veranda Learning Solutions Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Veranda Learning Solutions Limited has 29 deals on record (16 market trades, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹520.82 Cr; the latest was in May 2026.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Market trade | ₹14.46 Cr | Buyer: Nirmal Madhu Family Private Trust, Authum Investment & Infrastructure Limited Seller: Authum Investment & Infrastructure Limited |
| May 2026 | Market trade | ₹54.29 Cr | Buyer: Mundhra Homes Private Limited Seller: Authum Investment & Infrastructure Limited |
| Aug 2025 | Market trade | ₹165.75 Cr | Buyer: Authum Investment & Infrastructure Limited , Goldman Sachs Public Market Fund, Mansi Share and Stock Broking Private Limited Seller: Mansi Share and Stock Broking Private Limited , 3 individuals |
| Jul 2025 | Market trade | ₹11.29 Cr | Buyer: Parmar Developers and Properties Private Limited |
| Jul 2025 | Market trade | ₹10.5 Cr | Buyer: Parmar Developers and Properties Private Limited |
To see the full deal history of Veranda Learning Solutions Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Veranda Learning Solutions Limited has 12 court cases on record: 3 filed by Veranda Learning Solutions, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 9 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Bscpl Infrastructure Limited and 3 others | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed by the company against Bscpl Infrastructure Limited and 3 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by BVM Global Educational Trust M/S.Harishankar Mani, Pawan Jhabakh,Karthikeyan Anbazhagan for Petitioner | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by BVM Global Educational Trust | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed against the company by BVM Global Educational Trust | Disposed |
To see the full case history of Veranda Learning Solutions Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Veranda Learning Solutions Limited has 9 MSME Form 1 returns on record between 2021 and 2024, listing 99 overdue payments to 31 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vcaj & Associates LLP | |||
| an individual supplier | |||
| Sundaram & Srinivasan Chartered Accountants | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Veranda Learning Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Veranda Learning Solutions has 4 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Veranda Race Learning Solutions Private Limited | U80100TN2018PTC125803 | |
| Veranda XL Learning Solutions Private Limited | U80100TN2019PTC126711 | |
| Brain4ce Education Solutions Private Limited | U80200KA2011PTC094081 | |
| Veranda Ias Learning Solutions Private Limited | U80904TN2021PTC141652 |
To see the full group structure of Veranda Learning Solutions Limited, buy the company report.
Employees & EPFO
Veranda Learning Solutions Limited has a workforce of 37 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 37 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Veranda Learning Solutions Limited, buy the company report.
GST
Veranda Learning Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AARCA5869K1Z0 | Tamil Nadu | Active | 26 Oct 2020 |
| 27AARCA5869K1ZT | Maharashtra | Active | 06 Mar 2024 |
To see the full GST registrations and return filing status of Veranda Learning Solutions Limited, buy the company report.
Recent activity
Veranda Learning Solutions Limited has 19 board changes on record since 2020: 14 appointments and 5 cessations. The latest: Jitendra Kantilal Shah ceased to be Director on 28 Oct 2025.
31 earlier events are in the company report.
News
Frequently asked questions
Veranda Learning Solutions is an active public limited company based in Chennai, Tamil Nadu, India. The company works in elearning and digital education, within the education industry. It was incorporated on 20 November 2018 (8+ years old) and is registered under CIN L74999TN2018PLC125880. Listed on BSE: 543514 and NSE: VERANDA.
Veranda Learning Solutions reported revenue of ₹481.51 Cr for FY 2025-26 (up 34.6% YoY) based on consolidated financials.
Veranda Learning Solutions has 8 current directors:
- Kalpathi Subramanian Suresh - Managing Director
- Lakshminarayanan Seshadri - Director
- Kalpathi Archana - Director
- Pillaipakkam Bahukudumbi Srinivasan - Director
- Kalpathi Subramaniam Ganesh - Director
- Kalpathi Subramanyam Aghoram - Director
- Revathi Raghunathan - Director
- Ashok Misra - Director
The latest financial statements of Veranda Learning Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 06 August 2026. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Veranda Learning Solutions is 33AARCA5869K1Z0, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AARCA5869K1ZT (Maharashtra).
The CIN (Corporate Identification Number) of Veranda Learning Solutions is L74999TN2018PLC125880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Veranda Learning Solutions is a listed company as per MCA records. Its shares are listed on both BSE (code: 543514) and NSE (symbol: VERANDA).
Veranda Learning Solutions has 12 court cases on record: 3 filed by the company and 9 filed against it.
Veranda Learning Solutions was incorporated on 20 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Veranda Learning Solutions has 29 deals on record (16 market trades, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹520.82 Cr; the latest was in May 2026.
Jitendra Kantilal Shah ceased to be Director on 28 Oct 2025. Saurani Pathan Mohasin Khan was appointed as CFO on 08 May 2025. Saradha ceased to be CFO on 05 May 2025. Veranda Learning Solutions has 19 board changes on record in total.

