Virinchi (VIRINCHI)₹14.48−1.16%Software Products
In the Jun 2026 quarter (consolidated), Virinchi reported sales of ₹70.30 Cr, down 12.1% from Jun 2025, and net profit of −₹2.09 Cr, down 680.6% year on year. For the year to Mar 2026, sales were ₹285 Cr and net profit −₹26.96 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 72.77 | 72.81 | 74.84 | 75.78 | 74.48 | 82.64 | 69.15 | 79.94 | 61.98 | 77.10 | 66.17 | 70.30 |
| Expenses | 50.24 | 43.49 | 46.40 | 53.67 | 50.09 | 55.57 | 52.02 | 53.54 | 51.09 | 51.15 | 63.69 | 55.10 |
| Operating Profit | 22.05 | 28.88 | 28.01 | 21.66 | 23.97 | 26.61 | 16.74 | 25.98 | 10.54 | 25.58 | 2.13 | 14.83 |
| OPM % | 30.6% | 40.0% | 37.7% | 28.8% | 32.4% | 32.4% | 24.4% | 32.7% | 17.2% | 33.4% | 3.3% | 21.3% |
| Other Income | 0.49 | 0.37 | 3.68 | 0.77 | 0.01 | 0.09 | 6.26 | 0.02 | 0.04 | 0.33 | 1.34 | 0.05 |
| Interest | 9.63 | 10.66 | 11.29 | 9.60 | 9.81 | 9.40 | 10.31 | 9.11 | 8.05 | 7.87 | 7.97 | 7.91 |
| Depreciation | 12.89 | 13.58 | 12.35 | 12.78 | 12.70 | 15.72 | 13.95 | 14.21 | 14.20 | 14.06 | 13.91 | 13.53 |
| Profit before tax | 0.14 | 5.16 | 8.20 | 0.16 | 1.59 | 1.72 | −1.12 | 2.86 | −11.53 | 4.10 | −18.28 | −6.41 |
| Tax % | −880.1% | −7.4% | 75.0% | −517.8% | 89.9% | −114.5% | 292.8% | 87.4% | 18.0% | 61.0% | −14.6% | −67.4% |
| Net Profit | 1.46 | 5.55 | 2.03 | 1.04 | 0.16 | 3.70 | −4.43 | 0.36 | −13.64 | 1.59 | −15.66 | −2.09 |
| EPS (Rs) | 0.16 | 0.60 | 0.21 | 0.10 | 0.01 | 0.36 | −0.42 | 0.03 | −1.31 | 0.15 | −1.33 | 0.03 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 219 | 288 | 342 | 407 | 381 | 354 | 363 | 312 | 299 | 302 | 285 | 276 |
| Expenses | 186 | 223 | 245 | 285 | 269 | 256 | 261 | 203 | 187 | 211 | 220 | 221 |
| Operating Profit | 30.89 | 63.84 | 95.71 | 120 | 111 | 95.76 | 101 | 107 | 109 | 89.68 | 63.82 | 53.08 |
| OPM % | 14.1% | 22.1% | 28.1% | 30.1% | 29.1% | 27.0% | 28.1% | 34.1% | 37.0% | 30.0% | 23.1% | 19.3% |
| Other Income | 1.99 | 1.99 | 0.99 | 3.98 | 1.99 | 5.98 | 2.99 | 3.98 | 4.98 | 6.98 | 1.99 | 1.76 |
| Interest | 3.01 | 12.04 | 18.05 | 22.05 | 22.08 | 33.09 | 27.06 | 34.08 | 43.12 | 40.09 | 33.10 | 31.80 |
| Depreciation | 12.04 | 25.06 | 33.10 | 36.11 | 44.11 | 48.17 | 48.11 | 56.16 | 54.17 | 55.12 | 56.17 | 55.70 |
| Profit before tax | 17.94 | 29.89 | 45.86 | 65.80 | 45.86 | 21.91 | 27.89 | 20.94 | 16.94 | 1.99 | −22.94 | −32.12 |
| Tax % | 10.9% | 19.9% | 27.9% | 10.9% | −2.0% | 88.0% | 49.9% | 37.9% | 22.9% | 78.9% | 18.9% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 15.98 | 23.96 | 32.97 | 58.87 | 45.93 | 2.99 | 13.98 | 12.98 | 12.97 | 0.00 | −26.96 | −29.80 |
| EPS (Rs) | 4.49 | 4.41 | 5.84 | 9.45 | 7.10 | 0.36 | 1.79 | 1.53 | 1.45 | 0.06 | −2.39 | −2.46 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.97 | 17.97 | 26.99 | 27.97 | 30.94 | 32.95 | 36.95 | 78.94 | 83.97 | 93.83 | 103 | 109 |
| Reserves | 88.99 | 106 | 180 | 228 | 287 | 343 | 339 | 292 | 324 | 362 | 373 | 384 |
| Borrowings | 30.97 | 110 | 158 | 157 | 162 | 156 | 261 | 276 | 317 | 330 | 292 | 273 |
| Other Liabilities | 11.94 | 29.85 | 53.00 | 80.11 | 54.73 | 37.82 | 50.05 | 55.73 | 61.71 | 65.68 | 78.73 | 83.60 |
| Total Liabilities | 150 | 264 | 418 | 494 | 535 | 571 | 687 | 703 | 787 | 851 | 847 | 850 |
| Fixed Assets | 75.16 | 143 | 316 | 324 | 377 | 395 | 496 | 480 | 461 | 548 | 570 | 533 |
| CWIP | 3.99 | 16.96 | 2.99 | 4.99 | 0.00 | 3.99 | 10.98 | 10.98 | 110 | 82.83 | 85.82 | 85.86 |
| Investments | 0.00 | 0.99 | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 1.99 | 1.99 | 2.99 | 1.99 | 0.99 |
| Other Assets | 70.72 | 104 | 97.62 | 164 | 158 | 170 | 180 | 211 | 213 | 217 | 190 | 230 |
| Inventories | 0.00 | 0.00 | 7.99 | 10.01 | 8.01 | 10.01 | 12.01 | 14.01 | 8.99 | 6.99 | 5.01 | 8.01 |
| Trade receivables | 18.95 | 53.85 | 41.91 | 77.81 | 76.83 | 74.85 | 76.82 | 75.87 | 65.90 | 73.87 | 80.86 | 86.74 |
| Cash & equivalents | 24.91 | 26.93 | 10.96 | 9.97 | 8.97 | 8.97 | 18.94 | 36.85 | 30.92 | 19.94 | 7.97 | 8.97 |
| Total Assets | 150 | 264 | 418 | 494 | 535 | 571 | 687 | 703 | 787 | 851 | 847 | 850 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 12.02 | 23.03 | 79.11 | 35.05 | 81.13 | 85.07 | 50.02 | 82.11 | 127 | 116 | 84.04 | 21.01 |
| Cash from investing activity | −2.99 | −94.03 | −126 | −50.98 | −82.94 | −68.01 | −154 | −33.99 | −137 | −114 | −78.03 | −19.01 |
| Cash from financing activity | 1.99 | 72.77 | 30.90 | 13.96 | 0.99 | −16.95 | 115 | −30.90 | 3.99 | −12.96 | −18.95 | −0.99 |
| Net cash flow | 11.02 | 2.01 | −16.05 | −1.01 | −1.01 | 0.00 | 10.02 | 18.03 | −6.01 | −11.03 | −12.04 | 1.01 |
| Capex | 2.65 | 93.15 | 125 | 50.04 | 83.86 | 68.13 | 154 | 32.15 | 136 | 114 | 78.94 | 18.94 |
| Free cash flow | 8.98 | −69.80 | −45.87 | −14.96 | −2.99 | 16.97 | −104 | 49.88 | −8.98 | 2.99 | 4.99 | 1.99 |
| CFO / OP % | 67.0% | 80.0% | 133.0% | 50.0% | 73.0% | 76.0% | 71.9% | 95.0% | 127.0% | 110.0% | 95.0% | 44.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 50 | 90 | 53 | 84 | 69 | 72 | 80 | 76 | 78 | 91 | 98 | 111 |
| Inventory days | — | — | — | — | 131 | 148 | 195 | 187 | 161 | — | — | — |
| Days payable | — | — | — | — | 304 | 171 | 129 | 121 | 93 | — | — | — |
| Cash conversion cycle | 50 | 90 | 53 | 84 | −106 | 48 | 145 | 142 | 145 | 91 | 98 | 111 |
| Working capital days | −5 | 40 | −7 | 29 | 32 | 58 | 56 | 59 | 72 | 64 | 63 | 106 |
| ROCE % | 9.9% | 11.0% | 13.9% | 15.9% | 19.9% | 13.0% | 10.0% | 8.9% | 7.9% | 7.9% | 5.0% | 1.0% |
For the Jun 2026 quarter, Virinchi reported sales of ₹70.30 Cr, down 12.1% year on year and net profit of −₹2.09 Cr, down 680.6% year on year. The operating margin was 21.3%.
Virinchi's sales for the year to Mar 2026 were ₹285 Cr; over the last twelve months they were ₹276 Cr.
Net profit for the year to Mar 2026 was −₹26.96 Cr, and −₹29.80 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−2.46.
Virinchi reported borrowings of ₹273 Cr at Mar 2026, against cash and equivalents of ₹8.97 Cr.
Cash from operations was ₹21.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1.99 Cr.