Vakrangee Limited Q2 FY2026-27 Results Update

Financial Performance - Q2 FY2026-27 (Consolidated)

Quarter-over-Quarter (QoQ) Performance:

  • Total Income: ₹6,408.9 lakhs, up 10.7% from Q1 FY27 (₹5,790.2 lakhs)
  • Total Expenses: ₹5,975.4 lakhs, up 10.2% from Q1 FY27 (₹5,421.2 lakhs)
  • EBIDTA: ₹945.9 lakhs, up 9.7% from Q1 FY27 (₹861.9 lakhs); Margin: 15.3%
  • Profit before Tax & Exceptional Item: ₹433.5 lakhs, up 17.5% from Q1 FY27 (₹369.0 lakhs)
  • Profit before Tax (PBT): ₹430.9 lakhs, up 17.5% from Q1 FY27 (₹366.8 lakhs)
  • Tax Expenses: ₹158.1 lakhs, up 12.0% from Q1 FY27 (₹141.1 lakhs)
  • Profit after Tax (PAT): ₹272.8 lakhs, up 20.9% from Q1 FY27 (₹225.6 lakhs); Margin: 4.4%
  • Cash Profit (PAT + Depreciation): ₹735.5 lakhs, up 8.2% from Q1 FY27 (₹680.0 lakhs)

Operational Metrics - Q2 FY2026-27:

  • Revenue from Operations: ₹61.7 crore
  • Total Gross Transaction Value (GTV): ₹12,976.8 crore
  • Number of Transactions: 2.9 crore

Financial Performance - H1 FY2026-27 (Consolidated)

  • Total Income: ₹12,199.1 lakhs
  • PAT: ₹498.4 lakhs

Balance Sheet Position (H1 FY2026-27)

  • Net Worth: ₹22,821.4 lakhs (FY2025-26: ₹22,335.4 lakhs)
  • Share Capital: ₹10,836.0 lakhs (FY2025-26: ₹10,831.9 lakhs)
  • Other Equity: ₹11,013.4 lakhs (FY2025-26: ₹10,541.8 lakhs)
  • Non-Controlling Interest: ₹972.0 lakhs (FY2025-26: ₹961.7 lakhs)
  • Total Debt: ₹0 (Debt-free)
  • Fixed Assets: ₹12,004.3 lakhs (FY2025-26: ₹12,569.2 lakhs)
  • Cash & Cash Equivalents: ₹4,585.8 lakhs (FY2025-26: ₹5,693.4 lakhs)
  • Net Current Assets: ₹5,264.7 lakhs (FY2025-26: ₹5,320.3 lakhs)

Subsidiary Performance - Vortex Engineering

  • Q2 FY27 Revenue: ₹1,419.9 lakhs
  • Cumulative ATM Machines Shipped: 15,742 since inception
  • New Orders in Q2 FY27: ATM and Perfo® licence order received from Public Sector Banks (specifically 540 ATM machines)
  • Global Expansion: Entry into Cameroon, Central Africa
  • Annual Production Capacity: Over 12,000 ATMs
  • Software Product: Perfo® cross-platform ATM Monitoring and Incident Management Solution managing over 18,500 multivendor ATM terminals

Strategic Initiatives & Business Updates

Growth Strategy:

  • Faster expansion of Kendra network leveraging Master Franchisees appointed across 541 districts and 31 States/UTs
  • Strategic focus on high-margin business for better profitability and phasing out low-margin business
  • Expanding Vortex ATM innovation portfolio with 3 Made-in-India solutions: Android ATM, Passbook Printer & Mini CRM Kiosk (Recycler)
  • Strategic focus on expansion of financial services (Loans, Insurance, Mutual Funds & Equities) targeting Tier 3-6 cities
  • Strategic expansion into renewable energy (rooftop solar, solar modules, battery packs) and consumer retail
  • Awarded Uttar Pradesh Skill Development Mission (UPSDM) project as an Industrial Training Partner

Banking Services Expansion:

  • Expanded Banking Network: Operationalized new partner banks (specific names not disclosed)
  • Extensive BC Network: More than 15,000 Banking BC points enabling AePS-based biometric services
  • Financial Inclusion: 30+ million PMJDY accounts opened across India

Product Launches:

  • Launched Android ATM with Self Banking in partnership with NPCI & PNB, inaugurated by Secretary, DFS, Government of India
  • Launched 3 Made-in-India innovations at Global Fintech Fest 2026: Android ATM, Passbook Printer Kiosk, Mini CRM Kiosk (Recycler)
  • Digital Banking Unit inaugurated at Global Fintech Fest 2026 by Shri Sanjay Lohiya, Secretary, Department of Financial Services
  • Android-based ATM with personalized instant debit card issuance developed for Punjab National Bank (PNB)

Vakrangee Kendra Model:

  • Asset-light, retail-focused franchise model
  • Multiple service offerings: Banking, E-Governance, Insurance, E-Commerce, Healthcare, and optional ATM services
  • Focus on non-cash based banking offerings: Account Opening, Loan Products, Insurance Services, Fixed Deposits, Mutual Funds & NPA Recovery
  • Launch of upgraded Beta Trial Version of "BharatEasy" Mobile Super App platform

Sustainability & ESG Initiatives

  • S&P Global ESG Score: 60 (Industry: RTS Retailing)
  • Environmental Score: 58 (Industry Mean: 25, Industry Max: 92)
  • Social Score: 67 (Industry Mean: 27, Industry Max: 94)
  • Governance & Economic Score: 54 (Industry Mean: 31, Industry Max: 88)
  • Earned "S&P Global Bronze Class" spot in the sustainability yearbook
  • Sustainability initiatives mapped with United Nation's Sustainable Development Goals

Forward-Looking Statements

The presentation contains forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially. The company is well positioned for scalable & profitable growth with a debt-free balance sheet and positive cash profit.