Veefin Solutions FY26 PAT Rises 63% to Rs 18.20 Cr; Results Published in Business Standard

Veefin Solutions Limited released its investor presentation for the quarter and financial year ended March 31, 2026, on May 14, 2026. The company reported strong financial performance across standalone and consolidated metrics, driven by revenue scale-up and platform expansion. The Board approved the audited financial results on May 13, 2026, and subsequently, the audited standalone and consolidated financial results were published on May 14, 2026, in Business Standard (All India Editions) and Vrutttamanas newspaper, circulating in Mumbai, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

On a standalone basis, the company reported significant growth in profitability for FY26. Revenue from operations increased 89.5% year-on-year to Rs 70.74 Cr. Reported EBITDA rose 122.9% to Rs 38.12 Cr, while Profit After Tax (PAT) grew 63.2% to Rs 18.20 Cr. The EBITDA margin for the year stood at 53.89%, an expansion of 807 basis points compared to the previous year.

Metric (Rs. Cr)	FY26	FY25	YoY Change
Revenue from Operations	70.74	37.32	89.5%
Reported EBITDA	38.12	17.10	122.9%
Profit After Tax	18.20	11.15	63.2%
Diluted EPS (Rs.)	7.04	4.51	56.1%

For Q4 FY26, standalone revenue was Rs 24.17 Cr, and PAT stood at Rs 5.76 Cr. Paid-up equity share capital as of March 31, 2026, was Rs 25.44 Cr.

Consolidated Financial Performance

Consolidated results reflected the broader group perimeter, including subsidiaries and service entities. Total revenue from operations surged 339.1% to Rs 345.13 Cr in FY26 from Rs 78.60 Cr in FY25. Consolidated PAT increased 96.6% to Rs 31.96 Cr. The EBITDA for the year was Rs 75.16 Cr, up 207.3% year-on-year.

Metric (Rs. Cr)	FY26	FY25	YoY Change
Revenue from Operations	345.13	78.60	339.1%
Reported EBITDA	75.16	24.46	207.3%
Profit After Tax	31.96	16.26	96.6%
Diluted EPS (Rs.)	8.82	5.41	63.0%

The revenue bridge from standalone to consolidated figures includes contributions from Estorifi and GlobeTF, which are proposed to be amalgamated with Veefin Solutions, as well as other group entities.

Corporate Developments

The company highlighted progress in its Scheme of Arrangement for the merger of subsidiaries Estorifi Solutions Limited and GlobeTF Solutions Limited with Veefin Solutions Limited. The appointed date for the amalgamation is April 1, 2026, subject to regulatory approvals. Additionally, the company expanded its product suite into a broader BFSI technology platform, covering Supply Chain Finance, Trade Finance, Cash Management, Internet Banking, LOS, LMS, Collections, and Fraud & Risk.

The qualified enterprise pipeline stands at USD 80 Mn, with 75% of the demand coming from non-SCF products. The PSB Xchange platform continues to gain momentum with 32 lender integrations tracked and 88 corporate deals active on the platform.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.09%	-4.61%	+19.18%	-9.58%	+1.10%	+255.80%

The North Eastern Development Finance Corporation Ltd. (NEDFi) and Veefin Solutions have signed a comprehensive, multi-year contract to implement a state-of-the-art digital lending ecosystem for NEDFi, aimed at enhancing credit access across the North Eastern Region of India. The agreement was formalised and disclosed pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Partnership Overview

Under the terms of the agreement, Veefin Solutions will deploy a complete suite of cloud-hosted solutions for NEDFi. The platform is designed to automate and scale lending operations, integrating with external systems such as credit bureaus and banking APIs to create a unified financial ecosystem. Key details of the partnership are summarised below:

Parameter:	Details
Partnership:	NEDFi and Veefin Solutions
Agreement Type:	Multi-year contract
Focus Area:	Digital Lending Ecosystem
Region:	Northeast India
Platform Deployment:	Cloud-hosted LOS, LMS, and LCS
Additional Features:	Mobile apps, customer portal, credit bureau & banking API integration

Digital Solutions Being Deployed

The digital transformation initiative encompasses a Loan Origination System (LOS), Loan Management System (LMS), and Loan Collection System (LCS). The solution will also feature dedicated mobile applications for sales and collection teams, business correspondents, and customers, alongside a specialised customer portal to provide a seamless, end-to-end digital experience for borrowers. Veefin Solutions was selected through an extensive RFP-based selection process, with its suite of solutions found to meet all of NEDFi's digital transformation requirements.

Key Highlights of the Agreement

The agreement covers several critical dimensions of digital lending infrastructure:

Highlight:	Details
Comprehensive Digital Suite:	LOS, LMS, LCS, and mobile applications for employees, business correspondents, and customers
Financial Inclusion:	Platform sized to support last-mile credit delivery in the NE region
Security & Compliance:	Full adherence to RBI's latest Master Directions on IT Governance and Outsourcing, with end-to-end encryption and real-time security monitoring

Leadership Perspectives

Speaking on the partnership, CMD NEDFi, Shri PVSLN Murty, said: "Once it is fully implemented within the next few months, the new software will help NEDFi reach out to entrepreneurs in far-flung areas of the North-Eastern Region by using technology solutions. Especially the small borrowers in unserved and underserved areas will benefit immensely from this new software. Through the Mobile App, new entrepreneurs will be able to apply for loans through mobile devices, while existing customers will be able to see their account-related information on their smartphones. The new software will also enable the Corporation to expand its basket of financial products including working capital revolving loans, etc."

Lemli Loyi, Executive Director of NEDFi, noted that Veefin Solutions' deep functional expertise in lending and its robust, industry-standard software would be instrumental in modernising NEDFi's lending processes. "This partnership is a key milestone in our mission to bring advanced financial services to the doorstep of the Northeast," he added.

Raja Debnath, Chairman & Managing Director of Veefin Solutions Ltd., said: "We are thrilled to be a partner in NEDFi's digital lending journey. This is a very prestigious and strategically important assignment for the VeeFin group. We view the Northeast Region as vital in our efforts to help expand access to credit through technology, and we are committed to providing a secure, scalable, and high-performance platform that supports NEDFi's growth for years to come."

Significance for Northeast India

Northeast India has historically faced challenges in accessing formal financial services due to geographical and infrastructural constraints. NEDFi, the premier development finance institution of North-East India headquartered in Guwahati, Assam, provides financial solutions to MSME enterprises and start-ups across eight northeastern states in sectors including Healthcare, Tourism, Food Processing, Education, IT-enabled services, and core manufacturing. The deployment of this digital lending platform is expected to address longstanding access gaps by enabling faster, more transparent, and accessible credit solutions for borrowers across the region. Veefin Solutions, an enterprise software technology company, builds core financial platforms for banks, NBFCs, and regulated financial institutions, focusing on enabling complex financial workflows across working capital, transaction banking, and lending in multi-party and regulated environments.