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An announcement from Vakrangee Limited ( (IN:VAKRANGEE) ) is now available.
Vakrangee Limited reported a tripling of profit after tax in the third quarter of FY2025-26, with PAT up 201.1% year-on-year to Rs. 315 lakh and cash profit rising 46.9%, even as consolidated total income declined 10.3% due to inter-company sales eliminations and internal ATM supplies. EBITDA grew 48.7% with margins expanding significantly to 15.4%, quarterly gross transaction value exceeded Rs. 13,433 crore with over 2.2 crore transactions, and the company highlighted its strategic pivot toward higher-margin, non-cash banking offerings to support long-term profitability, while maintaining a debt-free balance sheet that underpins its expansion plans. Subsidiary Vortex Engineering delivered 17% revenue growth and shipped 1,462 ATMs in the first nine months of FY2025-26, achieving roughly 4.5 times EBITDA growth and turning net profit positive, indicating strengthening performance in the ATM business aligned with Vakrangee’s broader financial inclusion strategy.
More about Vakrangee Limited
Vakrangee Limited operates in the financial and digital services space, offering assisted banking and related services across India, with a growing focus on non-cash banking products such as account opening, loans, insurance, fixed deposits, mutual funds and NPA recovery to deepen financial inclusion. Through its subsidiary Vortex Engineering, the company is also active in the ATM hardware and services segment, shipping ATMs and benefiting from rising demand in automated teller infrastructure.
Average Trading Volume: 230,341
Technical Sentiment Signal: Sell
Current Market Cap: 7.68B INR
For an in-depth examination of VAKRANGEE stock, go to TipRanks’ Overview page.