Vakrangee Q2 FY26 Net Profit Surges 412% YoY to ₹302.93 Lakh; Revenue Up 5.9%

Mumbai, October 24, 2025 – Vakrangee Limited (NSE: VAKRANGEE, BSE: 511431) has reported a highly impressive financial performance in the second quarter of the current financial year. The consolidated net profit for the quarter is ₹302.93 lakhs compared with ₹59.08 lakhs in the same quarter in the previous year, providing a 412% increase (year on year). There were noted improvements in total income, as ATM service revenues and Vakrangee Kendra Network also witnessed steady growth.

The share closed at ₹8.74 (1.86% higher from its previous day’s closing). The stock traded in the green throughout the day with buy trades dominating.

Key Financial Highlights and Segmental Performance Analysis

In Q2 FY26, the company posted a 6.8% YoY rise in total income to ₹7,057.88 lakh, driven by steady growth in both segments. Revenue from operations rose 5.9% YoY to ₹6,907.96 lakh, supported mainly by the Vakrangee Kendra division, which contributed ₹5,132.41 lakh (over 72% of total revenue). Profit before tax surged 246% YoY to ₹411.07 lakh, while net profit jumped 413% YoY to ₹302.93 lakh, reflecting strong operating leverage despite a slight QoQ decline. The ATM Products/Services segment also showed recovery, generating revenue of ₹2,113.73 lakh.

Stock Update 

Shares of Vakrangee closed at ₹8.74 (1.84% higher than the previous day’s closing price). The total traded volume was high (over 87 lakh shares traded). The company’s P/E ratio is 122.57 compared to the industrial average of 25.06 (very high).

Cash Flow Highlights

One of the critical aspects for the company in the quarter is the improvement in cash flow performance. The operating cash flow of ₹2034.76 lakhs was reported during the first half of the current financial year, and the working capital management processes were improved. The total cash and equivalents increased to ₹5078.10 lakhs which were significantly more than the end of FY 25 (₹3822.52 lakhs).

Key Updates

Some of the key updates, besides the financial results, for the quarter include the grant of 20 lakh new stock options provided to eligible employees. The company also withdrew its earlier plan to issue 35 crore convertible warrants post discussion with institutional investors. The company operates in two major verticals: Vakrangee Kendra and ATM Products/Services.

Management Commentary

Managing Director Vedant Nandwana said the company’s strong quarterly results reflect “consistent operational improvement, better margins, and growing traction in financial inclusion services.” He added that Vakrangee is committed to expanding its assisted digital service network to deepen last-mile delivery of financial and e-governance products across rural and semi-urban India.

REF: https://nsearchives.nseindia.com/corporate/VAKRANGEE_24102025140337_VL_BM_Outcome_241025_SIGNED.pdf

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