Veefin Solutions reports significant H1 FY26 revenue surge

Veefin Solutions Limited announced a robust financial performance for H1 FY26, with consolidated revenue from operations surging by 476.4% year-on-year to Rs 11,003.91 lakhs. Profit After Tax (PAT) attributable to shareholders also saw substantial growth, increasing by 103.5% YoY to Rs 717.22 lakhs, while Profit Before Tax (PBT) rose 149.0% YoY to Rs 1,038.44 lakhs. The company reported an EBITDA margin of 18.30% and a PAT margin of 6.5% of Total Income for the consolidated performance.

For standalone performance, revenue increased by 108.1% YoY to Rs 2,638.39 lakhs, and PAT grew 351.3% YoY to Rs 644.30 lakhs, with positive operating cash flow at Rs 2,652.14 lakhs. Looking ahead, Veefin anticipates standalone revenues for FY26 to grow 75–85% YoY and consolidated revenues to grow approximately 200–300% YoY, driven by acquisitions and new platforms. The company aims for 30-35% blended EBITDA margins in the medium term.

Veefin is expanding its presence in India, Asia, Africa, and MENA, with a qualified global pipeline of approximately $45 million across 85 deals in 24 countries. This pipeline now sees less than half contributed by Supply Chain Finance, with increasing shares from Trade, CMS, and Corporate & Retail Internet Banking. The company is also progressing the amalgamation of subsidiaries, expected to complete in 10-12 months to simplify the group structure.