VINSYS

Vinsys IT Serv. financials

Market cap
₹854 Cr
Sector
Consumer Services
Calls analysed
1
Latest concall · Q4 FY25 · call held 22 May 2025

Vinsys IT Serv. Q4 FY25

Revenue ₹212 cr +24%ROCE 24.5% ROE 22.9%

What went well

  • Consolidated revenue grew 24% to INR 212 crores.
  • Net earnings grew 31% to INR 30 crores.
  • Middle East revenue grew 71% in FY25 to INR 80 crores.

What to watch

  • Technology services business in India de-grew by 9% in FY25.
  • Execution of INR 19 crores UP Cooperative Bank order faces challenges due to its spread across a large state.
Read the full call →

What Vinsys IT Serv. does

Vinsys IT Services India Limited operates across three verticals: Learning Solutions (corporate training, certifications and digital learning delivered via its DigiLearn platform), Technology Services (SaaS products and IT services spanning cybersecurity, managed IT, application development and quality engineering, backed by CMMI Level 5 certification), and Manpower & Staffing (recruitment, payroll and workforce deployment for clients). It also runs a Foreign Language Services business offering translation, interpretation, localisation and transcription. The company serves government, BFSI, energy and enterprise clients from offices across India, the Middle East (UAE, Saudi Arabia, Qatar, Oman) and the USA.

Segments

  • Learning Solutions
  • Technology Services
  • Manpower & Staffing
  • Foreign Language Services
Total employees
425
Global office presence
12 locations — India (Pune, Delhi NCR, Bengaluru, Hyderabad), Middle East (Dubai, Abu Dhabi, Riyadh, Al Khobar, Doha, Muscat), USA (New York, Wilmington)
Clients
5,000+
Course offerings
5,000+ (incl. 1,000+ certified courses)
Subject matter experts
2,500+
Software projects executed
250+
Founded 1998Headquarters Pune, Maharashtra, IndiaEmployees 425 (FY25) Company website

Guidance record · Q4 FY25

what the last two calls moved 4 tracked 0 delivered 0 missed 4 open
  • UP Cooperative Bank Project Margin open said Q4 FY25 Promised: above 40% Q4 FY25: Management guided that despite execution challenges across a large state, profitability for the INR 19 crore order will be above 40%.

All 4 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q4 FY26: revenue up 62.6%, net profit up 40.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Revenue34 61 79 91 92 +171%120 +97%120 +52%148 +63%
EBITDA5 14 10 19 15 +200%25 +79%13 +30%30 +58%
Net profit3 12 8 15 11 +267%19 +58%9 +13%21 +40%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +53.3% 1Y

₹300₹400₹500₹600Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹377.55 on 10 Sept 2025 → ₹578.65. High ₹609 (1 Sept 2026), low ₹233.4 (30 Mar 2026).

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹1 Cr₹1 Cr₹10 Cr₹15 Cr₹15 Cr₹15 Cr
Reserves₹7 Cr₹6 Cr₹14 Cr₹86 Cr₹125 Cr₹147 Cr
Borrowings₹14 Cr₹20 Cr₹23 Cr₹18 Cr₹45 Cr₹52 Cr
Other liabilities₹5 Cr₹7 Cr₹25 Cr₹19 Cr₹36 Cr₹30 Cr
Total liabilities₹27 Cr₹35 Cr₹73 Cr₹138 Cr₹221 Cr₹243 Cr
Fixed assets₹2 Cr₹2 Cr₹13 Cr₹19 Cr₹23 Cr₹25 Cr
Capital work in progress₹9 Cr₹13 Cr₹9 Cr₹22 Cr₹35 Cr₹40 Cr
Investments₹0 Cr₹0 Cr₹1 Cr₹14 Cr₹10 Cr₹13 Cr
Other assets₹16 Cr₹19 Cr₹50 Cr₹83 Cr₹153 Cr₹164 Cr
Total assets₹27 Cr₹35 Cr₹73 Cr₹138 Cr₹221 Cr₹243 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Mar 2026

Since Mar 2025, FIIs added +5.11 pp while promoters trimmed −3.41 pp. The shareholder count shrank 6% to 908.

Promoters
64.7%
FIIs
12.0%
DIIs
0.4%
Public
22.9%

Since Mar 2025

  • FIIs +5.11 pp
  • Promoters −3.41 pp
  • Public −1.24 pp

How it drifted, 6 quarters

Over this window FIIs went from 5.5% to 12.0% — +6.5 pp.

Sep '23Sep '24Mar '26

Ownership split by quarter, oldest first. Sep '23: Promoters 68.1%, FIIs 5.5%, DIIs 2.2%, Public 24.2%.Mar '24: Promoters 68.1%, FIIs 5.2%, DIIs 0.9%, Public 25.7%.Sep '24: Promoters 68.1%, FIIs 7.0%, DIIs 0.3%, Public 24.6%.Mar '25: Promoters 68.2%, FIIs 6.9%, DIIs 0.9%, Public 24.1%.Sep '25: Promoters 68.2%, FIIs 9.4%, DIIs 0.6%, Public 21.8%.Mar '26: Promoters 64.7%, FIIs 12.0%, DIIs 0.4%, Public 22.9%.

Who was buying across the market this quarter →

Who bought this quarter

since Sep 2025

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Mar 2026 filing

Every holder of Vinsys IT Serv. above SEBI's 1% disclosure line, and what changed since Sep 2025.

HolderStakeChange
Vinaya Vikrant Patil 34.76%unchanged
Vikrant Shivajirao Patil 23.37%unchanged
Venus Investments Vcc - Venus Stellar Fund FPI fund7.95%+0.55 pp
Priti Rajiv Joshi 4.85%unchanged
Karan Vikrant Patil 3.99%−1.02 pp
Binaca Limited Corporate3.40%newly disclosed
Parimal D Nathwani 2.63%unchanged
Kunal Vikrant Patil 2.62%−2.39 pp
Dhanraj Parimal Nathwani 2.05%unchanged
Market Maker Unclassified0.05%unchanged
Vinsys IT Services LLC Qatar 0.00%unchanged
Vinsys IT Holco LLC-FZ, Dubai UAE 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth the price implies
6.6% a year
for 7 years, fading to 4%
It has actually compounded at
Not enough history
The gap
—
between what it did and what it must do
Price today ₹578.65

Change the assumptions yourself →

Learn to analyse Vinsys IT Serv.

Guides on how to read this kind of business and the numbers that matter.