Veefin Solutions operates in IT-enabled services. Market cap ₹629.6 Cr, OPM 31.12%, D/E 0.04. Conservative balance sheet typical of service businesses.
Valuation mismatch: PE 218.61 signals earnings remain under pressure vs market price
Institutional withdrawal: FII 3.22%→2.83%, DII 0.08%→0.04% in recent months
ROE missing; can't assess shareholder value generation
1y return -32.25%, stock near 52w lows; verify if earnings decline or sentiment dislocation
Generated analysis · source review pending
OPM 31.12% strong for IT services; revenue growth with held margin compounds returns
D/E 0.04 enables growth or reinvestment without financial stress
Stock down 32.25% in 1y; verify if dislocation from headwinds or structural weakness
Verify IT-enabled services demand, client diversification, contract renewals—margin levels depend on pricing power and consistency
Generated analysis · source review pending
Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| L&T Technology Services LimitedLTTSLTTS | ₹34,671 Cr | ₹34,671 Cr | ₹11,701 Cr | ₹2,074 Cr | 17.6% | ₹1,320 Cr | 11.7% | 24.9% | 20.4% | 29 |
| Inventurus Knowledge Solutions LimitedIKSIKS | ₹30,483 Cr | ₹31,124 Cr | ₹3,347 Cr | ₹1,149 Cr | 34.2% | ₹764 Cr | 22.6% | 33.8% | 31.4% | 39 |
| Tata Technologies LimitedTATATECHTATATECH | ₹28,378 Cr | ₹29,044 Cr | ₹5,926 Cr | ₹920 Cr | 15.5% | ₹557 Cr | 9.9% | 19.3% | 14.6% | 33 |
| Netweb Technologies India LimitedNETWEBNETWEB | ₹25,721 Cr | — | ₹724 Cr | ₹103 Cr | 14.2% | ₹76 Cr | 10.5% | — | — | — |
| Affle 3i LimitedAFFLEAFFLE | ₹20,410 Cr | ₹20,422 Cr | ₹2,836 Cr | ₹638 Cr | 22.5% | ₹478 Cr | 16.8% | 16.9% | 13.8% | -51 |
| Sagility LimitedSAGILITYSAGILITY | ₹20,209 Cr | ₹21,320 Cr | ₹7,617 Cr | ₹1,849 Cr | 24.5% | ₹993 Cr | 12.9% | 13.3% | 10.3% | 78 |
| Esds Software Solution LimitedESDSESDS | ₹16,809 Cr | — | ₹208 Cr | ₹47 Cr | 22.9% | ₹-22 Cr | -10.8% | 0.8% | -10.9% | — |
| Black Box LimitedBBOXBBOX | ₹14,134 Cr | ₹14,961 Cr | ₹6,654 Cr | ₹614 Cr | 9% | ₹226 Cr | 3.4% | 21.7% | 21.3% | -10 |
| E2e Networks LimitedE2EE2E | ₹13,323 Cr | ₹13,482 Cr | ₹366 Cr | ₹234 Cr | 51.4% | ₹31 Cr | -6.3% | -0.5% | -1% | -45 |
| Cyient LimitedCYIENTCYIENT | ₹12,272 Cr | ₹12,438 Cr | ₹7,632 Cr | ₹944 Cr | 12.5% | ₹378 Cr | 6.4% | 12.4% | 7.8% | 119 |
| Amagi Media Labs LimitedAMAGIAMAGI | ₹11,984 Cr | ₹11,984 Cr | ₹1,506 Cr | ₹50 Cr | 3.4% | ₹72 Cr | 4.8% | 5.2% | 4.1% | 40 |
| Emudhra LimitedEMUDHRAEMUDHRA | ₹4,802 Cr | ₹4,826 Cr | ₹745 Cr | ₹174 Cr | 22.7% | ₹115 Cr | 15.7% | 14.9% | 13% | 36 |
Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | — | — | — |
| EBITDA margin % | 43.7% | 31.1% | 21.8% |
| EBIT margin % | 40% | 24.6% | 16.5% |
| PAT margin % | 29.6% | 17% | 11.9% |
| Working capital | |||
| Receivable days | 143 | — | — |
| Inventory days | 0 | 0 | 0 |
| Payable days | 1 | — | — |
| NWC days | 141 | — | — |
| Leverage | |||
| Current ratio | 11.87 | 2.92 | 0.97 |
| Debt to EBITDA | 0.47 | — | — |
| Debt to equity | 0.04 | — | — |
| Interest coverage | 29.4 | 30.7 | 5.4 |
| Asset turnover | 0.17 | 0.15 | 0.34 |
| Return ratios | |||
| Return on assets % | 5.1% | 2.6% | 4.1% |
| Return on capital employed % | 7.1% | 6.8% | 10.1% |
| Return on equity % | 6.1% | — | — |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Documents link to external sources (exchange filings, company investor pages).
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
No scheme among the 32 fund houses on record reported a position in Veefin Solutions Ltd. Portfolios are published monthly by each AMC; coverage is still partial.
| Holder (%) | Sep 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| 37.4% | 35.25% | 35.25% | 36.36% | 34.73% | 34.73% | |
| 1.6% | 1.68% | 2.3% | 2.38% | 3.22% | 2.83% | |
| 2.88% | 2.37% | 0.14% | 0.12% | 0.08% | 0.04% | |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| 58.12% | 55.6% | 60.97% | 60.07% | 61.58% | 62.39% | |
| No. of shareholders | 3,259 | 4,893 | 5,251 | 5,099 | 4,993 | 4,833 |
Promoter holding down 2.67 percentage points since Sep 2024.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011.
Announcement under Regulation 30 (LODR)-Newspaper Publication
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcement under Regulation 30 (LODR)-Allotment
| Date | Category | Subject | Filing |
|---|---|---|---|
| 14 Aug 2026, 9:46 pm | Company Update Earnings Call Transcript | Announcement under Regulation 30 (LODR)-Earnings Call Transcript | |
| 14 Aug 2026, 5:51 pm | Insider Trading / SAST Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011 | Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. |
| 13 Aug 2026, 5:52 pm | Company Update Newspaper Publication | Announcement under Regulation 30 (LODR)-Newspaper Publication |
| 10 Aug 2026, 7:31 pm | Company Update Analyst / Investor Meet | Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation |
| 8 Aug 2026, 4:35 pm | Company Update Allotment of Equity Shares | Announcement under Regulation 30 (LODR)-Allotment |
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 25 | 79 | 345 | |
| 14 | 54 | 270 | |
| 11 | 24 | 75 | |
| OPM % | 43.7% | 31.1% | 21.8% |
| Depreciation | 1 | 5 | 18 |
| Interest | 0 | 1 | 12 |
| 0 | 2 | 7 | |
| Profit before tax | 10 | 21 | 52 |
| Tax | 2 | 4 | 20 |
| Tax % | 23.5% | 20.8% | 38.8% |
| 7 | 13 | 41 | |
| PAT margin % | 29.6% | 17% | 11.9% |
| EPS (₹) | 3.6 | 5.9 | 9.4 |
| EPS adjusted (₹) | 3.3 | — | — |
| Annual report | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 0 | 18 | 23 | — | — |
| Reserves | 9 | 26 | 99 | — | — |
| 4 | 1 | 5 | — | — | |
| 3 | 7 | 18 | 522 | 1,005 | |
| Total equity & liabilities | 16 | 52 | 145 | 522 | 1,005 |
| 14 | 41 | 94 | 6 | 7 | |
| CWIP | — | — | — | — | — |
| Investments | 0 | 0 | 0 | 0 | 8 |
| 2 | 11 | 51 | 515 | 989 | |
| Total assets | 16 | 52 | 145 | 522 | 1,005 |
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 7 | 1 | 77 | |
| -45 | -273 | -339 | |
| 68 | 284 | 234 | |
| Net cash flow | 30 | 12 | -28 |
| Free cash flow | 6 | -90 | -110 |
| CFO / Operating profit % | 65% | 3.9% | 102.4% |