Vakrangee announced a significant increase in profit, with PAT increasing by 201.1% YoY in Q3 FY26. The company’s 9M FY26 PAT has already surpassed the full-year FY25 level. This growth is supported by a strategic focus on high-margin businesses and enhanced operational efficiency. EBITDA also saw substantial growth, increasing by 48.7% YoY, reflecting strong financial performance.
Strong Financial Performance
Vakrangee Limited (VL) has released its unaudited financial results, showcasing a robust financial performance for the quarter ended December 31, 2025. Key highlights include:
- PAT Increase: 201.1% increase on a year-over-year (YoY) basis in Q3 FY26.
- Record PAT: PAT for 9M FY26 exceeded the entire previous fiscal year, reflecting substantial growth.
- EBITDA Growth: EBITDA grew by 48.7% YoY, with margins expanding to 15.4% from 9.2% in Q3 FY26.
Vortex Engineering Performance
Vortex Engineering, a subsidiary of Vakrangee, also contributed to the company’s overall success:
- Revenue Growth: Recorded a 17.0% revenue growth on a YoY basis in 9M FY26.
- ATM Shipments: Shipped 1,462 ATMs in 9M FY2025–26, representing a strong 23.4% year-on-year growth.
- EBITDA Improvement: EBITDA increased by approximately 4.5x on a YoY basis, with net profit turning positive in 9M FY2025-26.
Strategic Direction and Key Initiatives
Vakrangee is strategically focusing on several key areas:
- Non-Cash Banking: Prioritizing non-cash based banking offerings such as account opening, loan products, insurance services, fixed deposits, mutual funds, and NPA recovery.
- Operational Efficiency: Concentrating on high-margin businesses to improve profitability and phasing out low-margin operations.
- GTV Growth: Q3 FY2025-26 Quarterly Gross Transaction Value (GTV) crossed Rs. 13,433.4 Crores.
Financial Stability
Vakrangee Limited, along with its subsidiary companies, maintains a strong balance sheet and is debt-free, positioning the company well for future expansion and long-term growth.
Source: BSE
