Veefin Solutions share price today

Veefin Solutions Ltd's share price was ₹238.75 at the close on 4 November 2026. It has been falling for 15 weeks. That is 17.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹214 and ₹385, and at that close it sat 15% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Veefin Solutions Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 29 weeks running.

Over the last 3.3 years the share price moved +140% while the NIFTY 500 moved +32%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 12 December 2025. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

For July to September 2026 (the quarter ended 30 September 2026), Veefin Solutions reported revenue of ₹125 crore, and a profit of ₹15.0 crore.

Veefin Solutions results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Veefin Solutions' management discussed these results on a call held on 26 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Veefin Solutions closed at ₹238.75 on 4 November 2026, down 33.6% from ₹359.35 a year earlier (7 November 2025) and up 13.4% over three years. Its highest weekly close since July 2023 was ₹712.75 on 13 December 2024.

Veefin Solutions share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

157 weekly closes from 7 July 2023 to 4 November 2026.

4 Nov 2026: Veefin Solutions closed at ₹238.75, up 1.1% on the week and down 3.4% on the month. 26 Oct 2026: Veefin Solutions held its results call for July to September 2026. Management guided: Revenue growth at the current pace to continue for the next two years.

Veefin Solutions has paid no dividend on the NSE since its first NSE close in our records (7 July 2023), the start of the period we checked.

No. Veefin Solutions Ltd paid out 0% of its profit as dividends in each of its last 5 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 26 October 2026, Veefin Solutions' management guided: Revenue growth at the current pace to continue for the next two years.

“Yes, 100% it will, because our H2 is always stronger.”Payal, CFO, on full-year cash conversion, on the call for July to September 2026

What management guided

• Standalone operating margin to be tracked within 45-50%.
• From next year, 99% of product-development expenditure to flow through P&L.
• H2 operating cash conversion expected to improve as larger billings convert unbilled revenue into collections.
• No additional borrowing beyond sanctioned limits and no equity raise planned now.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 26 October 2026.

When Veefin Solutions reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Pipeline conversions and signed scopes: check whether commercial additions translate into delivery and recognized revenue.

Veefin Solutions is on one of our India lists: IT stocks.

Veefin Solutions Ltd earned ₹15.0 Cr of net profit in the Sep 2026 quarter. Full-year FY26 profit was ₹32.0 Cr. Over 4 years profit has grown 137.8% a year on average. That is 12.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹32.0 Cr (+100.0% on the year before).

Veefin Solutions Ltd reported ₹125 Cr of revenue in the Sep 2026 quarter. Over 4 years it has grown 165.0% a year on average. The last full year, FY26, came in at ₹345 Cr. The last four reported quarters add to ₹474 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹345 Cr, +336.7% on the year before.

Veefin Solutions Ltd's operating margin was 29.0% in the Sep 2026 quarter. Across 5 years it has been between 17.0% and 44.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +8.2 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 149% of Veefin Solutions Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹77.0 Cr of operating cash against ₹32.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹363 Cr of spending on assets, free cash was −₹286 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 149% of profit came in as cash: the cash cycle got 95 days longer between FY22 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 30.3× depreciation over three years. The next section checks what that spending is building.

Veefin Solutions Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 141 days in FY26, up from 46 days in FY22. It spent ₹726 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹345 Cr, each day of that cycle ties up about ₹0.9 Cr, so roughly ₹133 Cr is tied up in the business at any time.

Spending on assets: ₹726 Cr over the last 3 years, against ₹24.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹7.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Veefin Solutions Ltd's P/E is 19.3×, about the lowest it has ever been. Its usual P/E (the middle reading) is 95.3×, over 3.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +59.9% while the price moved −33.6%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 3 years the price moved +4.3% a year; about +82.0% a year came from earnings growth and about −77.7 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Veefin Solutions Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Veefin Solutions Ltd earned a ROCE of 10% in FY26. That is up from a low of 7% in FY25. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 9.3% net margin and 0.34× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 9.3% net margin × 0.34× asset turnover × 1.68× leverage (assets divided by equity) ≈ 5.3% on equity. The margin does its share; borrowing is a big part of it.

Veefin Solutions Ltd had ₹101 Cr of borrowings against ₹596 Cr of equity in FY26, so its debt is 0.17× its equity. Its operating profit is 6 times its interest bill. Over 4 years borrowings went from ₹4.0 Cr to ₹101 Cr. Over the last 3 of those years it spent ₹726 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

Promoters cut their stake in Veefin Solutions Ltd by 5.1 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 34.7% of the company. Foreign institutions moved +2.1 points over the same period, to 2.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: −5.1 points over 8 quarters, to 34.7%; Foreign institutions: +2.1 points over 8 quarters, to 2.2%; Domestic institutions: −1.1 points over 8 quarters, to 0.1%.

Why the owners changed: promoters drove it (−5.1 points), with the other side taken by foreign institutions (+2.1 points). They reduced their stake.

For Veefin Solutions Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

54.2 out of 100, rank 60 of 69 in IT - Software, with 43% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

Veefin Solutions Ltd scores 54.2 out of 100 against the 69 companies it is compared with in IT - Software, ranking 60. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 20.8 + 11.7 + 13.4 + 8.3 = 54.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Veefin Solutions ranks 60 of 69 IT - Software companies on the 4-Factor Sector Score, with 54.2 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: IT - Software, all 69 compared on one page.

Veefin Solutions is the 52nd largest of 68 IT - Software companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Metalic Technoforge, TAC Infosec and Xchanging Solutions. Just below it: Innovana Thinklabs, Danlaw Technologies India and Allied Digital Services.

IT - Software companies close in size

49. Metalic Technoforge Ltd ₹805 crore
50. TAC Infosec Ltd ₹784 crore
51. Xchanging Solutions Ltd ₹622 crore
52. Veefin Solutions Ltd ₹611 crore
53. Innovana Thinklabs Ltd ₹605 crore
54. Danlaw Technologies India Ltd ₹603 crore
55. Allied Digital Services Ltd ₹596 crore

All 68 IT - Software companies, largest first

Companies close in size in other industries

1942. Rane Brake Lining Ltd (Merged) ₹576 crore · Auto Ancillaries - Axle & Brakes
1943. Sharat Industries Ltd ₹576 crore · Aquaculture
1944. Veefin Solutions Ltd ₹576 crore
1945. Chandan Healthcare Ltd ₹575 crore · Diagnostic Services
1946. Softtech Engineers Ltd ₹574 crore · IT - Software

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.