Vakrangee Limited announced a strong performance for FY2025-26, marked by a 79.3% YoY surge in annual Profit After Tax to ₹11.1 crore. The company, which maintains a debt-free balance sheet, reported an annual Gross Transaction Value (GTV) of ₹53,712.6 crore. Strategic focus remains on high-margin financial services, including credit and insurance partnerships, across its extensive network of 23,087 outlets, alongside the continued expansion of its subsidiary, Vortex Engineering.
Financial Highlights
Vakrangee Limited demonstrated significant financial improvement in FY2025-26. The annual Profit After Tax (PAT) rose by 79.3% year-on-year to ₹11.1 crore. The company also reported a 249-basis point expansion in annual EBITDA margins, with cash flow from operations turning positive at ₹63.7 crore. Consolidated revenue reached ₹26,136.2 lakh, reflecting the company’s strategic transition toward higher-margin business segments.
Strategic Business Expansion
The company continues to solidify its ‘Go to Market’ platform by leveraging its 23,087-outlet network. Key initiatives include the aggressive expansion of financial services, such as loan products, insurance, and mutual funds, specifically targeting Tier 3 to Tier 6 cities. With 535 Master Franchisees now appointed across 31 states, Vakrangee is well-positioned for pan-India growth and deeper last-mile connectivity.
Vortex Engineering Performance
The subsidiary Vortex Engineering showed stable performance with revenue growing to ₹6,728.8 lakh in FY2025-26. The entity saw a remarkable ~1,061% YoY growth in EBITDA, driven by the successful shipment of 1,679 new ATMs and the strength of its annuity-based AMC business. Vortex remains a pioneer in low-power ‘Swadeshi’ ATMs, contributing significantly to the parent company’s technological capabilities and international footprint.
Future Outlook
Vakrangee is aggressively focusing on non-cash-based banking offerings, including account openings, NPA recovery, and fixed deposits, to future-proof its business model against the transition to a cashless digital economy. Through the rollout of the BharatEasy Mobile Super App and the continued scaling of its O2O (Online to Offline) model, the company aims to enhance its margin profile while providing comprehensive services to rural and semi-urban customers.
Source: BSE
