VEDAVAAG Systems Ltd (533056)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, VEDAVAAG Systems' revenue was ₹22.1 Cr (-28.9% year on year, -55.2% on the previous quarter), and net profit ₹1.1 Cr (-48.8% year on year); the operating margin was 11.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹22.1 | -28.9% | -55.2% |
| Operating profit | ₹2.6 | -39.5% | +24.3% |
| Net profit | ₹1.1 | -48.8% | +423.8% |
| EPS (₹) | 0.47 | -48.9% | +422.2% |
| Operating margin | 11.6% | — | — |
📢 Recent Corporate Announcements
Vedavaag Systems has approved an investment of ₹75,00,000 (₹0.75 crore) by subscribing to 7,50,000 equity shares of ₹10 each via a rights issue in its wholly owned subsidiary, Vedavaag Financial Insurance Broking Services Private Limited. The subsidiary recently received in-principle approval from IRDAI on October 07, 2026, to act as a Direct Insurance Broker (Life and General). The transaction size represents approximately 1.6% of Vedavaag Systems' market cap of ₹47 crore and 0.6% of TTM revenue of ₹120 crore. The parent company's 100% shareholding in the subsidiary remains unchanged.
- Subscribed to 7,50,000 equity shares at ₹10 each, totaling ₹75,00,000 in cash
- Target entity is 100% wholly owned subsidiary; shareholding percentage remains unchanged post-issue
- IRDAI granted in-principle approval to the subsidiary as a Direct Insurance Broker on October 07, 2026
- Subsidiary had negligible turnover of ₹1,254 in FY26, down from ₹30,628 in FY25 and ₹50,216 in FY24
Vedavaag Systems has approved an investment of ₹75,00,000 (₹0.75 crore) by subscribing to 7,50,000 equity shares of ₹10 each via a rights issue in its wholly owned subsidiary, Vedavaag Financial Insurance Broking Services Private Limited. The subsidiary recently received in-principle approval from IRDAI on October 07, 2026, to act as a Direct Insurance Broker (Life and General). The transaction size represents approximately 1.6% of Vedavaag Systems' market cap of ₹47 crore and 0.6% of TTM revenue of ₹120 crore. The parent company's 100% shareholding in the subsidiary remains unchanged.
- Subscribed to 7,50,000 equity shares at ₹10 each, totaling ₹75,00,000 in cash
- Target entity is 100% wholly owned subsidiary; shareholding percentage remains unchanged post-issue
- IRDAI granted in-principle approval to the subsidiary as a Direct Insurance Broker on October 07, 2026
- Subsidiary had negligible turnover of ₹1,254 in FY26, down from ₹30,628 in FY25 and ₹50,216 in FY24
Vedavaag Systems Ltd announced that its wholly owned subsidiary, Vedavaag Financial Insurance Broking Services Private Limited, has received an in-principle approval from IRDAI (Ref No.: IRDAI/INT/DB 1344/2026). This enables the company to move closer to offering insurance broking services, complementing its existing IT and financial services operations. The company reported TTM revenues of Rs 120 Cr and net profit of Rs 4 Cr, making potential business diversification relevant to its long-term revenue mix. Further updates and the final regulatory registration are awaited.
- Wholly owned subsidiary Vedavaag Financial Insurance Broking Services received IRDAI in-principle approval
- Approval granted under IRDAI reference number IRDAI/INT/DB 1344/2026
- Filing follows an earlier board outcome intimation dated September 24, 2026
Vedavaag Systems announced that its Board of Directors approved an investment in the equity share capital of its wholly owned subsidiary, Vedavaag Financial Insurance Broking Services Private Limited. The capital is aimed at supporting business expansion and meeting regulatory capital norms for insurance broking. However, the exact size of the investment and further details were not disclosed and will be filed post regulatory approvals. Relative to Vedavaag's market cap of Rs 47 Cr and net worth of Rs 139 Cr, capital allocation towards financial services remains an area to monitor.
- Board approved investment in wholly owned subsidiary Vedavaag Financial Insurance Broking Services on September 24, 2026
- Meeting duration: commenced at 03:00 P.M. and concluded at 03:45 P.M.
- Investment amount was not disclosed pending statutory and regulatory approvals
- Proceeds intended for regulatory compliance and business growth in insurance broking
Vedavaag Systems announced that its Board of Directors approved an investment in the equity share capital of its wholly owned subsidiary, Vedavaag Financial Insurance Broking Services Private Limited. The capital is aimed at supporting business expansion and meeting regulatory capital norms for insurance broking. However, the exact size of the investment and further details were not disclosed and will be filed post regulatory approvals. Relative to Vedavaag's market cap of Rs 47 Cr and net worth of Rs 139 Cr, capital allocation towards financial services remains an area to monitor.
- Board approved investment in wholly owned subsidiary Vedavaag Financial Insurance Broking Services on September 24, 2026
- Meeting duration: commenced at 03:00 P.M. and concluded at 03:45 P.M.
- Investment amount was not disclosed pending statutory and regulatory approvals
- Proceeds intended for regulatory compliance and business growth in insurance broking
Vedavaag Systems Ltd has announced the schedule for its 28th Annual General Meeting (AGM), which will be held on September 30, 2026, at 10:00 AM. The company has fixed September 23, 2026, as the cut-off date to determine shareholder voting eligibility. The register of members and share transfer books will remain closed from September 24, 2026, to September 30, 2026. Remote e-voting is scheduled from September 26, 2026 (09:00 AM) to September 29, 2026 (05:00 PM).
- 28th Annual General Meeting scheduled for September 30, 2026, at 10:00 AM
- Book closure period set from September 24, 2026, to September 30, 2026
- Cut-off date for voting eligibility is September 23, 2026
- Remote e-voting window opens September 26, 2026 (09:00 AM) and closes September 29, 2026 (05:00 PM)
Vedavaag Systems Limited has announced that its 28th Annual General Meeting (AGM) will be held on September 30, 2026, at 10:00 AM in Hyderabad. The Board approved the AGM notice and the Directors' Report along with annexures. The cut-off date to determine shareholder eligibility for remote e-voting is set as September 23, 2026. Additionally, the Register of Members will remain closed from September 24, 2026, to September 30, 2026.
- 28th Annual General Meeting convened for September 30, 2026, at 10:00 AM
- Cut-off date for e-voting eligibility fixed as September 23, 2026
- Register of members closed from September 24, 2026, to September 30, 2026
- Board meeting held on August 29, 2026, between 04:30 PM and 04:55 PM
Vedavaag Systems Ltd has informed the exchange that a meeting of its Board of Directors is scheduled for Saturday, August 29, 2026. The primary agenda is to fix the date, time, and venue for the upcoming 28th Annual General Meeting (AGM) of the company. Additionally, the board will finalize related event dates, such as book closure and e-voting schedules, in compliance with regulatory norms.
- Board of Directors meeting scheduled for Saturday, August 29, 2026
- Meeting convened to fix the date, time, and venue of the 28th AGM
- Board to finalize all event dates and logistics relating to the 28th AGM
Vedavaag Systems Limited announced the outcome of its Board of Directors meeting held on August 14, 2026. The board approved the standalone and consolidated unaudited financial results along with the Limited Review Report for the quarter ended June 30, 2026. The meeting commenced at 04:00 P.M. and concluded at 05:50 P.M. Detailed line-item revenue and profit figures were not included in this filing cover letter.
- Board meeting conducted on August 14, 2026, from 04:00 P.M. to 05:50 P.M.
- Approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026
- Limited Review Report issued by statutory auditors submitted alongside the results
- Filing submitted under Regulations 30 and 33 of SEBI LODR Regulations, 2015
Vedavaag Systems Limited announced that its Board of Directors approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The meeting was held on August 14, 2026, from 04:00 P.M. to 05:50 P.M. The results were approved alongside the statutory auditor's Limited Review Report as required under SEBI LODR regulations.
- Board approved unaudited Standalone and Consolidated financial results for the quarter ended June 30, 2026
- Limited Review Report issued by Statutory Auditors was reviewed and taken on record
- Board meeting commenced at 04:00 P.M. and concluded at 05:50 P.M. on August 14, 2026
Vedavaag Systems has scheduled a board meeting on August 14, 2026, to consider and approve unaudited financial results for the quarter ended June 30, 2026. The company is currently trading at a low P/B of 0.3 with a market capitalization of Rs 45 Cr, significantly below its net worth of Rs 152 Cr. Investors will be monitoring if the company can improve its net profit, which fell to Rs 0.21 Cr in the March 2026 quarter from Rs 2.15 Cr in the June 2025 quarter. The trading window for designated persons remains closed until 48 hours after the results are declared.
- Board meeting scheduled for August 14, 2026, to approve Q1 results.
- Results pertain to the three-month period ended June 30, 2026.
- Trading window closed for all designated persons until 48 hours post-results.
- Company reported TTM revenue of Rs 129 Cr against a market cap of only Rs 45 Cr.
- Operating margins (OPM) have declined from 15% in FY25 to 10% in FY26.
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