Date: October 28, 2026
Financial Results (Consolidated)
Q2 FY2026-27 Performance:
- Total Income: ₹6408.9 Lakh in Q2 FY27 vs ₹5,790.2 Lakh in Q1 FY27 (10.7% QoQ growth)
- EBITDA: ₹945.9 Lakh in Q2 FY27 vs ₹861.9 Lakh in Q1 FY27 (9.7% QoQ growth)
- EBITDA Margin: 15.3%
- Profit After Tax: ₹272.8 Lakh in Q2 FY27 vs ₹225.6 Lakh in Q1 FY27 (20.9% QoQ growth)
- PAT Margin: 4.4%
- Cash Profit: ₹735.5 Lakh in Q2 FY27 vs ₹680.0 Lakh in Q1 FY27 (8.2% QoQ growth)
Operational Highlights
Network Scale and Performance:
- Gross Transaction Value (GTV): Over ₹12,976 crore processed
- Outlet Network: 23,885 outlets across 614 districts in India
- Business described as "technology-enabled last-mile distribution platform"
Strategic Initiatives:
- Expanded high-margin financial services portfolio through strategic lending partnerships
- Maintained debt-free balance sheet
- Enhanced Kendra productivity contributing to profitability growth
Vortex Engineering Performance Update
ATM Business:
- Cumulative ATM shipments: 15,742 units since inception
- New product launches: Three Made-in-India banking automation solutions:
- Android ATM
- Passbook Printer
- Mini CRM Kiosk (Recycler)
- Described as strengthening "technology-led product portfolio"
Business Model Context
Vakrangee operates as a "Last Mile Distribution Platform" with both Physical and Digital Eco-system with PAN India Presence. Services include:
- Real-time banking & Financial Services
- ATM services
- Insurance
- E-Governance
- E-Commerce services
Physical outlets are called "Vakrangee Kendra" acting as "One-stop shop" for various services and products. Digital platform is called "BharatEasy Mobile Super app".
The company positions itself as the "Go To Market Platform" for various business verticals including Fintech and Digital platforms, serving unserved rural, semi-urban and urban markets.