BSECompany Update2d ago · 17 Aug 2026, 06:55 pm

Please find the attached disclosure.

Veranda Learning Solutions Ltd · 543514

✦ AI Summary▲ PositiveResults

Veranda Learning Solutions Ltd reported a strong start to financial year '27 with 42% year-on-year revenue growth to INR150 crores and PAT more than multiplying sixfold to INR34 crores, driven by exceptional performance in commerce and government test prep businesses.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Veranda Learning Solutions Ltd - 543514 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Attachments (1)

📄

18de19f3-66af-402e-86ad-d04b7d98b200.pdf

pdf

Download →
View document text
Veranda Learning Solutions Limited August 17, 2026 BSE Limited National Stock Exchange of India Limited Dept of Corporate Services, The Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 543514 Symbol: VERANDA Dear Sir/Madam, Sub: Transcript of the Earnings Call held on August 13, 2026 Pursuant to Regulation 30 read with Part A of Schedule III and 46(2)(oa) of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, please find enclosed the transcript of the Earnings Call held on August 13, 2026, post announcement of Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026. The transcript is also uploaded on the Company’s website at https://www.verandalearning.com/web/index.php/stock-exchange-intimations Thanking you, For Veranda Learning Solutions Limited S Balasundharam Company Secretary & Compliance Officer M. No: ACS-11114 Veranda Learning Solutions Limited G.R. Complex, First Floor, No. 807-808, Anna Salai, Nandanam, Chennai - 600 035 CIN: L74999TN2018PLC125880 Email- secretarial@verandalearning.com www.verandalearning.com Ph: +91 44 4690 1007 Veranda Learning Solutions Limited Q1 FY27 Earnings Conference Call” August 13, 2026 MANAGEMENT: MR. SURESH KALPATHI– CHAIRMAN AND EXECUTIVE DIRECTOR – VERANDA LEARNING SOLUTIONS LIMITED MR. MOHASIN KHAN – CHIEF FINANCIAL OFFICER – VERANDA LEARNING SOLUTIONS LIMITED MODERATOR: MS. SOUMYA – GO INDIA ADVISORS LLP Page 1 of 15 Veranda Learning Solutions Limited August 13, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Veranda Learning Solutions Limited Q1 FY27 Earnings Conference Call hosted by Go India Advisors LLP. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Soumya from Go India Advisors LLP. Thank you and over to you, ma'am. Soumya: Good day, everyone, and welcome to Q1 FY27 Conference Call of Veranda Learning Solutions Limited. We have on call with us Mr. Suresh Kalpathi, Chairman and Executive Director; and Mr. Mohasin Khan, the Chief Financial Officer. We must remind you that discussion on today's call may include certain forward-looking statements and must be therefore viewed in conjunction with the risks pertaining to the business. I now request the management to take us through the business update. And post that, we'll open the floor for Q&A. Thank you, and over to you, sir. Suresh Kalpathi: Thank you. Thank you, Soumya. Good afternoon, everyone, and thank you for joining us today. On behalf of the entire leadership team, I sincerely appreciate your continued engagement and confidence in Veranda Learning Solutions. Before I talk about our performance, a word on the environment we are operating in. India's education and skilling landscape continues to see structural tailwinds, growing emphasis on employability linked learning, rising aspiration for competitive government examinations, deeper penetration of a digital-first delivery model and, of course, an increasing willingness among students and parents to invest in outcome-oriented programs, whether it is in commerce, academics or in test prep. This continues to validate the direction of our Veranda 2.0 strategy, which, as you know, has been built around scalable asset-light delivery of high-quality outcome-driven education. Now against this backdrop, we are pleased to report a strong start to financial year '27. We delivered broad-based momentum across our portfolio in the first quarter of this year, led by exceptional performance in the commerce and government test prep businesses, while our K-12 business segment continues to strengthen its foundation through investments in systems, partnerships and brand building that we expect will translate into stronger growth over the coming quarters. On the revenue front, the revenue from operations grew a strong 42% year-on-year to about INR150 crores in the first quarter of financial year '27, while PAT more than multiplied sixfold to INR34 crores compared to the same quarter last year, up 472% year-on-year from INR5.9 crores in the first quarter of FY26, our sixth consecutive quarter of PAT positive performance. Page 2 of 15 Veranda Learning Solutions Limited August 13, 2026 Overall enrollments during the quarter grew 35% year-on-year to about 1.03 lakh students, while collections grew 27% year-on-year, reflecting a healthy demand and robust execution across all our business segments. Each of these segments is being driven by distinct well-defined growth levers. In commerce, we recently launched Commerce Virtuals, a live and recorded digital delivery format for Class 11 and Class 12 students, giving us pan-India's reach without additional physical infrastructure while continuing to expand our offline network, which now spans incidentally over 105 centers with 50 new commerce colleges under management in the pipeline. This segment continues to be a category leader, holding the number one market position across CA, CS, CMA, ACCA and many other programs that we already offer. In the government test preparation space, growth was driven by the launch of our new offerings, including Group 1 offline programs, junior IAS for students in schools final years and subscription-based magazines alongside our RACE platform's network of centers and a diverse exam portfolio spanning UPSC, SSC, banking, Tamil Nadu Public Service Commission, Kerala Public Service Commission and other state Public Service Commission exams. In academics and K-12, we continue to build out our managed schools opportunity, a large underpenetrated market worth over INR10 lakh crores across just South India. We currently manage six schools with over 5,400 students on an asset-light end-to-end managed services model and are targeting to expand the number of schools that we manage, supported by steady occupancy and fee growth dynamics in the coming years. Turning now to the Commerce demerger process. We continue to make good progress and remain on track. The Board approved the composite scheme of demerger in late 2025, and we subsequently filed the scheme with NSE and BSE, receiving their new addiction certificates from both exchanges in January of 2026. Following the NCLT directed court convened meeting in March, shareholders voted in favor of the scheme at the court convened meeting held in April, and we filed the second motion with the NCLT with all appropriate papers that same month. The next NCLT hearing is scheduled in Chennai on 17th August, which is coming Monday, and we expect the entire process to be completed by possibly the first half of September 2026, which is next month. Upon completion, JK Shah Commerce Education Limited will be separately listed with every Veranda shareholder receiving 1 share in the newly listed entity on a 1:1 basis at no additional cost, enabling sharper strategic focus, more efficient capital allocation and long-term value creation for all our shareholders. Post demerger, the Commerce business will target a significant revenue growth over the next three, four years through product and geographic expansion with a long-term aspiration of crossing INR1,000 crores of revenue by September -- by financial year 2030. On strategic priorities and outlook for FY27, our focus is clear and fourfold: expanding our government test preparation business into Karnataka to tap the state-level competitive exam Page 3 of 15 Veranda Learning Solutions Limited August 13, 2026 market. entering the preschool managed operations to deepen our K-12 value chain and build early brand relationships, expanding our off- [Showing first 8,000 characters — download PDF for full document]