TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Income Metrics

Balance Sheet Metrics

Total Assets 5.2B
Total Liabilities 530.4M
Shareholders Equity 4.7B
Debt to Equity 0.11

Cash Flow Metrics

Revenue & Profitability Trend

Veefin Solutions Income Statement From 2021 to 2025

Metric20252024202320222021
Revenue i786.0M249.7M140.8M65.5M7.6M
Cost of Goods Sold i359.3M70.1M53.8M19.8M4.8M
Gross Profit i426.6M179.7M87.0M45.7M2.8M
Gross Margin % i54.3%71.9%61.8%69.8%37.4%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i-60.4M20.6M6.9M1.4M
Other Operating Expenses i182.1M71.0M7.1M26.9M605.0K
Total Operating Expenses i182.1M131.5M27.6M33.8M2.0M
Operating Income i193.6M99.2M49.7M8.7M627.0K
Operating Margin % i24.6%39.7%35.3%13.3%8.2%
Non-Operating Items
Interest Income i-222.0K39.0K00
Interest Expense i6.9M2.8M28.0K123.0K0
Other Non-Operating Income-----
Pre-tax Income i205.1M96.7M53.3M8.5M1.1M
Income Tax i42.6M22.7M10.5M1.5M-344.0K
Effective Tax Rate % i20.7%23.5%19.7%17.4%-31.5%
Net Income i162.6M73.9M42.8M7.0M1.4M
Net Margin % i20.7%29.6%30.4%10.7%18.9%
Key Metrics
EBITDA i263.0M108.8M51.7M10.3M1.3M
EPS (Basic) i-₹3.60₹2.02-₹0.07
EPS (Diluted) i-₹3.29₹2.02-₹0.07
Basic Shares Outstanding i-2055805621187460-21187460
Diluted Shares Outstanding i-2055805621187460-21187460

Income Statement Trend

Veefin Solutions Balance Sheet From 2021 to 2025

Metric20252024202320222021
Assets
Current Assets
Cash & Equivalents i430.0M315.0M10.0M4.0M187.0K
Short-term Investments i331.0K----
Accounts Receivable i496.5M97.5M74.5M8.3M938.0K
Inventory i---00
Other Current Assets185.0M60.4M-3.0M351.0K
Total Current Assets i1.1B482.1M103.0M16.3M2.5M
Non-Current Assets
Property, Plant & Equipment i---11.0K12.0K
Goodwill i5.7B926.8M401.3M141.9M85.1M
Intangible Assets i2.2B926.6M401.1M141.7M84.9M
Long-term Investments-----
Other Non-Current Assets47.3M95.0K---
Total Non-Current Assets i4.1B968.0M414.0M144.4M85.5M
Total Assets i5.2B1.5B517.0M160.8M88.0M
Liabilities
Current Liabilities
Accounts Payable i123.8M41.0M13.5M8.9M361.0K
Short-term Debt i59.4M12.5M296.0K00
Current Portion of Long-term Debt-----
Other Current Liabilities176.4M5.9M4.9M85.0K858.0K
Total Current Liabilities i388.8M103.4M51.3M19.7M11.0M
Non-Current Liabilities
Long-term Debt i67.8M38.7M8.4M34.6M47.4M
Deferred Tax Liabilities i47.4M32.9M10.2M710.0K-514.0K
Other Non-Current Liabilities---1.0K10.2M17.2M
Total Non-Current Liabilities i141.5M83.5M25.3M48.6M66.5M
Total Liabilities i530.4M187.0M76.6M68.3M77.5M
Equity
Common Stock i227.5M225.7M183.4M124.0K104.0K
Retained Earnings i-125.7M51.7M8.1M1.4M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i4.7B1.3B440.4M92.5M10.4M
Key Metrics
Total Debt i127.2M51.2M8.7M34.6M47.4M
Working Capital i748.2M378.7M51.7M-3.3M-8.5M

Balance Sheet Composition

Veefin Solutions Cash Flow Statement From 2021 to 2025

Metric20252024202320222021
Operating Activities
Net Income i205.1M96.7M53.3M8.5M1.1M
Depreciation & Amortization i-----
Stock-Based Compensation i33.8M9.2M1.6M--
Working Capital Changes i-250.5M-67.0M-76.8M-10.7M7.9M
Operating Cash Flow i-20.6M40.9M-23.5M-2.0M9.0M
Investing Activities
Capital Expenditures i-907.4M-447.2M-244.5M-60.7M-85.7M
Acquisitions i-1.8B0---
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-2.7B-447.2M-244.5M-60.7M-68.6M
Financing Activities
Share Repurchases i-----
Dividends Paid i-----
Debt Issuance i-----
Debt Repayment i-----
Financing Cash Flow i2.9B642.7M282.5M85.6M9.0M
Free Cash Flow i-897.9M-371.5M-249.0M-51.7M-73.3M
Net Change in Cash i155.3M236.4M14.6M23.0M-50.6M

Cash Flow Trend

Veefin Solutions Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 66.27
Price to Book 1.79
Price to Sales 10.34

Profitability Ratios

Profit Margin 17.03%
Operating Margin 25.42%
Return on Equity 5.47%
Return on Assets 3.63%

Financial Health

Current Ratio 2.92
Debt to Equity 2.71
Beta -1.50

Per Share Data

EPS (TTM) ₹5.39
Book Value per Share ₹199.12
Revenue per Share ₹34.77

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
veefin8.1B66.271.795.47%17.03%2.71
Oracle Financial 732.7B30.6210.8432.92%34.56%0.55
One 678.3B222.264.51-4.39%4.14%1.07
Infibeam Avenues 48.6B21.391.005.87%4.79%4.49
E2E Networks 29.3B74.612.142.98%21.74%4.58
One Mobikwik Systems 18.2B220.082.49-20.65%-14.27%49.64

Financial data is updated regularly. All figures are in the company's reporting currency.