Vegorama FY26 net profit rises 47% to ₹1,203.71 lakh
Vegorama Punjabi Angithi Limited reported a 47% increase in FY26 net profit to ₹1,203.71 lakh, driven by a 39% rise in revenue from operations to ₹14,086.87 lakh. The board approved the audited standalone financial results on June 12, 2026. Statutory auditors Raj Gupta & Co. issued an unmodified opinion, confirming adequate internal financial controls and compliance with accounting standards. The company did not declare a dividend for the year.

*this image is generated using AI for illustrative purposes only.
Vegorama Punjabi Angithi Limited reported a 47% increase in net profit to ₹1,203.71 lakh for the financial year ended March 31, 2026, driven by a 39% rise in revenue from operations to ₹14,086.87 lakh. The company's board approved the audited standalone financial results for the year and half year ended March 31, 2026, during a meeting held on June 12, 2026. The strong performance underscores the company's growth trajectory following its recent Initial Public Offer (IPO).
Financial Performance
The company's total income for FY26 stood at ₹14,146.11 lakh, compared to ₹10,209.98 lakh in the previous year. Profit before tax for the year increased to ₹1,612.49 lakh from ₹1,092.75 lakh in FY25. Earnings per share (EPS) for the year improved to ₹9.54 from ₹6.48 in the prior year. The finance costs for the year were reported at ₹37.29 lakh.
Capital Allocation and IPO
Vegorama Punjabi Angithi Limited successfully completed its IPO, issuing 39,87,200 fresh equity shares with a face value of ₹10 each at a premium of ₹67 per share. The issue, which also included an offer for sale of 9,96,800 equity shares, was fully subscribed, with shares allotted on May 27, 2026. The company received ₹30,70.14 lakh from the fresh issue, and the proceeds are being utilised towards capital requirements as outlined in the IPO objects.
Balance Sheet and Cash Flows
The company's total assets as of March 31, 2026, stood at ₹3,399.13 lakh, a significant increase from ₹2,477.15 lakh in the previous year. Shareholders' funds rose to ₹2,637.27 lakh, bolstered by the share capital infusion. Cash and cash equivalents decreased to ₹686.94 lakh from ₹842.03 lakh at the end of FY25, primarily due to investing and financing activities. Net cash flow from operating activities was ₹141.78 lakh.
| Metric | FY26 (₹ in lakh) | FY25 (₹ in lakh) |
|---|---|---|
| Revenue from Operations | 14,086.87 | 10,130.52 |
| Net Profit | 1,203.71 | 818.48 |
| Total Income | 14,146.11 | 10,209.98 |
| Total Expenses | 12,533.62 | 9,117.23 |
| Earnings Per Share (Basic) | 9.54 | 6.48 |
Regulatory Compliance
The financial results were reviewed by the Audit Committee and approved by the Board. The statutory auditors, Raj Gupta & Co., Chartered Accountants, issued an unmodified opinion on the audited report for the half year and year ended March 31, 2026. The results were prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Independent Auditors' Report
Raj Gupta & Co., Chartered Accountants, issued an independent auditors' report confirming that the financial statements give a true and fair view of the company's state of affairs as at March 31, 2026. The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013. The firm expressed an unmodified opinion on the adequacy and operating effectiveness of the company's internal financial controls over financial reporting. The report also confirmed that the company has not declared any dividend during the year and has used accounting software with an audit trail facility that has not been tampered with.
How does the company plan to utilize the remaining IPO proceeds to sustain the current revenue growth trajectory?
What strategies will be implemented to reverse the decline in cash and cash equivalents amidst increasing investing and financing activities?
Will the company consider declaring dividends in the upcoming fiscal year given the improved EPS and strong profitability?

























