VERANDA
Veranda Learning Solutions Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
VERANDA
FY26 → FY30 · 4 years of guidance · ~3.7 years from today₹259 today
BEAR
₹486
+88%+19% a yr
22.5% a year · 19.6x exit
BASE
₹1,265
+388%+54% a yr
39% a year · 30.9x exit
BULL
₹3,356
+1195%+101% a yr
53% a year · 55.8x exit
Where the market has priced it
15x24x today136x
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 20 Miscellaneous Commercial Services peers
- the range is unusually wide — read it as the span of management's own claim, not as a forecast
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹11 (screener) |
|---|---|
| Guided growth | 39% a year, said on the call of 01-Jun-2026 · transcript |
| Read across as | stated FY27 revenue target of Rs 670.0 crore, read as flat-margin earnings growth — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 19.64x / 30.88x / 55.82x, this company’s own p20 / median / p80 across 20 filed years |
| Filed-industry peers | median 30.88x across 20 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)4 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
implied earnings growth 39%
Call 01-Jun-2026 · bridge confidence medium · transcript PDF