Veranda Learning Solutions Limited — Investor Presentation 2025

Jun 26, 2025

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Veranda Learning Solutions Limited

June 26, 2025

BSE Limited National Stock Exchange of India Limited Dept of Corporate Services, The Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 543514 Symbol: VERANDA

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Investor Presentation

This is further to our communication dated June 16, 2025, informing you that the representatives of the Company will be meeting with investors/analysts on Thursday, June 26, 2025, at 10:00 A.M. at St. Regis, Mumbai, during the GIA Promoter's Conference 2025. In this regard, please find attached the investor presentation for the same.

Kindly take the same on record and display the same on the website of your exchange. This information will also be hosted on the Company’s website at https://www.verandalearning.com/web/index.php/stock-exchange-intimations

Thanking you, For Veranda Learning Solutions Limited

SWAMINADHAN Digitally signed by SWAMINADHAN BALASUNDHARAM BALASUNDHARAM Date: 2025.06.26 08:25:50 +05'30' S Balasundharam Company Secretary & Compliance Officer M. No: ACS-11114

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Veranda Learning Solutions Ltd Investor Presentation

Safe Harbor

▪ This presentation and the following discussion may contain “forward looking statements” by Veranda Learning Solutions Limited (“Veranda Learning” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of Veranda Learning about the business, industry and markets in which Veranda Learning operates.

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▪ These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond Veranda Learning’s control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward looking statements.

▪ Such statements are not, and should not be construed, as a representation as to future performance or achievements of Veranda Learning. In particular, such statements should not be regarded as a projection of future performance of Veranda Learning. It should be noted that the actual performance or achievements of Veranda Learning may vary significantly from such statements.

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About Us:

We are a lifelong learning companion, empowering every stage of a student’s journey.

Profitable Portfolio of Brands.

Outcome-driven education model spanning K–12, test prep, commerce, vocational skilling, and beyond

Portfolio of trusted, founder-led brands delivering academic excellence and career success

Scalable , asset-light Hybrid Delivery model with 200+ Offline centers across India.

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Our company at a glance:

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We operate across 4 Key Education verticals , offering outcome-driven learning from school to career.

Commerce Test Prep Leading provider of CA, CS, CMA, ACCA, and B.Com coaching with a legacy of success.

Government Test Prep

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Comprehensive hybrid prep for Civil Services, SSC, Banking, and State PSC exams with a strong regional footprint.

Academic

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CBSE and Cambridge curriculum schools focused on academic rigour, future readiness, and measurable student outcomes.

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Vocational

Industry-aligned skilling in IT, BFSI, digital, and management—delivered online with global corporate tie-ups.

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2000+ 518 Crores 1,466 Crores
Employees Turnover NSE Market Cap
2.5 Lakhs+
200+
Offline Centers Students/ Year
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Key Business Metrics

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Our Journey so far…

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2020 2021 2022
Government Test Prep Vocational Commerce Test Prep
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2023

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2024

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2025

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• ❖ Acquired profitable brands which are market leaders in their segment.

• ❖ Positioning company as a lifelong learning partner for a student.

• ❖ Building diversified portfolio of offerings to risk proof the business.

• ❖ Setting up strong foundation for a exponential organic growth.

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Veranda 2.0

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Veranda 2.0
B R A N D S B R A N D S B R A N D S B R A N D S
K - 12 Post Schooling Education Professional development
Academic Commerce Test Prep Government Test Prep Vocational
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Veranda 2.0

Catering K-12: Veranda’s K-12 segment, includes five CBSE and two international Cambridge schools. We've since expanded into an asset-light managed school model. This vertical is growing at 25% CAGR (FY 24 to FY 26)

Dedicated coaching for CA, ACCA, CMA, CFA and other foreign commerce courses. Acquisitions like BB Virtuals and Navkar Institute will fuel expansion in both online and offline markets in North India. The vertical is growing at 26% CAGR (FY 22 to FY 26)

Specialized coaching for various competitive & civil services exams (PSC, SSC, RRB, TNPSC, KPSC, Banking). The vertical is growing at 29% CAGR (FY 22 to FY 26)

Skill Training & Internships , Upskilling Courses, Recruitment Training in the BFSI sector . Focusing more on degree programs and higher ticket size certification courses in and outside India. The vertical is growing at 20% CAGR (FY 22 to FY 26)

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Performance Highlights

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VLS Consolidated

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VLS - Segment Wise Overview

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	o	li	dated
Total	Students	(Nos)		91,667 FY23 FY23	1,58,407 FY24 FY24	2,58,403 FY25 FY25
			Commerce Test Prep	159	245	281
Total	Revenue	(INR Crore)	Government Test Prep Vocational Academic	50 97 0	85 121 9	101 122 21
			Total	306	460	526
				FY23	FY24	FY25
			Commerce Test Prep	34	74	100
Total	EBITDA	(INR Crore)	Government Test Prep Academic Vocational	9 0 -36	11 7 20	-4 16 1
			Total	7	112	113

VLS Consolidated

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Momentum now, Milestones Ahead..

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Academic

• Veranda K-12 is expanding student intake at its Chennai, Bengaluru, Trichy and Coimbatore campuses to meet growing demand.

• The move reinforces the institution’s commitment to accessible, high-quality education.

• This expansion allows more students to benefit from our holistic learning approach.

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Commerce Test Prep

• Expanding into global certifications like CMA US, ACCA, CIMA UK, and CPA US to tap rising demand for international finance

• careers.

• Scaling CS, CMA (India), and Junior PU coaching to serve a broader base of aspiring professionals.

• Strengthening regional presence beyond Maharashtra into Gujarat, Delhi, and Rajasthan to drive centre-level growth.

• Flagship offline courses now available online, widening access to high-quality commerce coaching across India.

• College vertical expanding, with new campuses including a recently launched institute in Bengaluru.

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Government Test Prep

• Regional Expansion: Strengthened presence in Karnataka and Kerala with new centers and campus outreach.

• ● TNPSC Trigger: TNPSC notification (Apr’25) expected to drive surge in enrolments across Tamil Nadu.

• Content Upgrade: Enhanced classroom content in Kerala aligned with latest exam patterns.

• Digital Push: Launched Race Mobile App with expert content, mock tests & performance tracking.

• Strong Positioning: Among top Govt. exam prep brands in South India, poised for next growth wave.

Vocational

• Next-Gen Programs: Focus on future-ready postgraduate courses like DBA, MBA, MSc & AI.

• ● Global Reach: Expanding across Indian and international markets with industry-relevant offerings.

• ● Hybrid Delivery: Flexible online & hybrid formats tailored for working professionals and graduates.

• Career Upskilling: Targeting high-growth sectors with programs designed for career acceleration.

• Portfolio Expansion: Sharpened focus on globally aligned, techdriven credentials.

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Thank You

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