Vakrangee Limited announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant profit of ₹225.6 Lakh for Q1 FY27, marking a 39.3% increase quarter-on-quarter. This growth was driven by margin expansion, increased Kendra productivity, and a stronger contribution from high-margin financial services, alongside continued momentum in its ATM business. The Group also maintained a debt-free status.
Vakrangee Reports Strong Q1 Performance
Vakrangee Limited has declared its unaudited financial results for the first quarter of the financial year 2026-27 (Q1 FY27), ending June 30, 2026. The company has reported a substantial rise in its profit after tax (PAT), reaching ₹225.6 Lakh. This represents a significant quarter-on-quarter (QoQ) growth of 39.3%.
Key Growth Drivers Identified
The impressive financial performance is attributed to several key factors, including improved margin expansion, enhanced productivity at its ‘Kendra’ outlets, and a growing contribution from its high-margin financial services segment. The company also highlighted continued positive momentum in its ATM business operations.
Furthermore, Vakrangee processed over ₹14,560 crore in Gross Transaction Value across 23,276 outlets in 609 districts during Q1 FY27. The EBITDA margin saw an improvement of 330 basis points, reaching 15.4%. Notably, the Group maintained its debt-free status as of June 30, 2026, and has expanded its financial services portfolio through strategic partnerships.
Vortex Engineering Contribution
Vortex Engineering, a subsidiary of Vakrangee, has continued its role in strengthening the Group’s technology-led positioning. Since its inception, Vortex Engineering has shipped 15,574 ATMs, with 139 machines delivered during the quarter.
Consolidated Financial Highlights (Q1 FY2026-27)
The consolidated financial highlights for Q1 FY2026-27 reveal the following key figures:
- Total Income stood at ₹5,790.2 Lakh, compared to ₹5,886.0 Lakh in Q4 FY26.
- EBITDA was reported at ₹861.9 Lakh, up from ₹690.0 Lakh in Q4 FY26.
- Profit After Tax reached ₹225.6 Lakh, a significant increase from ₹162.0 Lakh in Q4 FY26.
- Cash Profit was ₹680.0 Lakh, compared to ₹586.1 Lakh in Q4 FY26.
Platform Reach and Performance
Vakrangee’s platform advantage is evident in its extensive reach, with a total of 23,276 outlets spread across 32 States/UTs and 609 districts, with ~85% presence in Tier IV, V & VI locations. The company facilitated ~₹14,056.4 Cr in Total Gross Transaction Value and ~₹76.6 Lakh in ATM service transactions.
In Banking Services, Vakrangee reported ~2.8 Lakhs accounts opened, ~2.0 Lakhs insurance/pension schemes sold, and ~₹371.7 Cr in Loan Leads Converted, contributing to a Total GTV of ~₹11,894.6 Cr.
Vortex Engineering Performance Update
Vortex Engineering’s performance update for Q1 FY2026-27 (Q-o-Q Basis) shows 139 ATM machines shipped in the quarter, compared to 217 in Q4 FY2025-26. The total income for Vortex Engineering in Q1 FY2026-27 was ₹908.6 Lakhs, down from ₹1,100.6 Lakhs in Q4 FY2025-26.
The company also highlighted its role in delivering ATM & Perfo software orders for Public Sector Banks, strong revenue visibility for upcoming quarters, and high-margin IP software (PERFO) business experiencing robust growth and profitability.
Source: BSE
