VIRINCHI
Virinchi financials
- Market cap
- ₹161 Cr
- Sector
- Information Technology
What Virinchi Limited does
Virinchi Limited operates four businesses: QFund, a SaaS-based end-to-end loan management system used by NBFCs across the US retail micro-lending market; Internet Data Centre (IDC) and IT services delivered from data centers in California and Atlanta plus development centers in Hyderabad; vCard, a UPI-linked line-of-credit and co-branded credit-card platform for underbanked customers in India; and a chain of multi-specialty hospitals in Hyderabad providing tertiary healthcare.
Segments
- SaaS (US Fintech)
- IDC & IT Services
- Payment & Credit Services (India Fintech)
- Healthcare
- Hospital beds
- 700 beds across 3 hospitals (Hyderabad)
- Employees
- 460
- NBFC clients on QFund platform
- 18
- QFund point-of-sale locations
- 20,000+ across 45 US states
- Data centers
- 2 (California & Atlanta)
- Development/tech centers
- 2 in Hyderabad, with a 75-person US team and 150-person offshore team
Quarterly results
Q1 FY27: revenue down 12.1%, net profit down 667.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 74 | 82 | 69 | 80 | 62 −17% | 77 −7% | 66 −4% | 70 −12% |
| EBITDA | 24 | 27 | 17 | 26 | 11 −56% | 26 −4% | 2 −87% | 15 −43% |
| Net profit | 0 | 4 | -4 | 0 | -14 −8141% | 2 −57% | -16 −253% | -2 −668% |
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 −52.1% 1Y
1Y: ₹29.76 on 10 Sept 2025 → ₹14.25. High ₹31.9 (19 Sept 2025), low ₹14.01 (30 Mar 2026).
Financials, as filed
Revenue fell 3.0% a year over 3 years, FY23 to FY26. Operating margin narrowed to 22.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹312 Cr | ₹300 Cr | ₹301 Cr | ₹284 Cr |
| Operating profit | ₹106 Cr | ₹109 Cr | ₹89 Cr | ₹64 Cr |
| Operating margin | 34.1% | 36.4% | 29.6% | 22.7% |
| Interest | ₹33 Cr | ₹43 Cr | ₹39 Cr | ₹33 Cr |
| Depreciation | ₹56 Cr | ₹54 Cr | ₹55 Cr | ₹56 Cr |
| Net profit | ₹12 Cr | ₹13 Cr | ₹0 Cr | ₹-27 Cr |
| Net margin | 3.9% | 4.5% | 0.2% | -9.6% |
| Cash from operations | ₹127 Cr | ₹116 Cr | ₹84 Cr | ₹21 Cr |
| Free cash flow | ₹-9 Cr | ₹3 Cr | ₹5 Cr | ₹2 Cr |
| ROCE | 8.0% | 8.0% | 5.0% | 1.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹37 Cr | ₹79 Cr | ₹84 Cr | ₹94 Cr | ₹103 Cr | ₹109 Cr |
| Reserves | ₹339 Cr | ₹292 Cr | ₹324 Cr | ₹361 Cr | ₹359 Cr | ₹384 Cr |
| Borrowings | ₹261 Cr | ₹276 Cr | ₹317 Cr | ₹330 Cr | ₹295 Cr | ₹273 Cr |
| Other liabilities | ₹50 Cr | ₹56 Cr | ₹62 Cr | ₹66 Cr | ₹75 Cr | ₹84 Cr |
| Total liabilities | ₹687 Cr | ₹703 Cr | ₹787 Cr | ₹851 Cr | ₹831 Cr | ₹850 Cr |
| Fixed assets | ₹495 Cr | ₹479 Cr | ₹460 Cr | ₹547 Cr | ₹545 Cr | ₹532 Cr |
| Capital work in progress | ₹11 Cr | ₹11 Cr | ₹110 Cr | ₹83 Cr | ₹86 Cr | ₹86 Cr |
| Investments | ₹0 Cr | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹1 Cr | ₹1 Cr |
| Other assets | ₹181 Cr | ₹212 Cr | ₹214 Cr | ₹218 Cr | ₹199 Cr | ₹231 Cr |
| Total assets | ₹687 Cr | ₹703 Cr | ₹787 Cr | ₹851 Cr | ₹831 Cr | ₹850 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 Jun 2026
Since Jun 2025, promoters added +1.95 pp while the public trimmed −1.89 pp. The shareholder count shrank 8% to 37,033.
- Promoters
- 39.5%
- Public
- 60.5%
Since Jun 2025
- Promoters +1.95 pp
- Public −1.89 pp
- FIIs −0.07 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 40.0%, FIIs 0.3%, Public 59.7%.Dec '23: Promoters 39.7%, FIIs 0.3%, Public 60.0%.Mar '24: Promoters 37.3%, FIIs 0.5%, Public 62.2%.Jun '24: Promoters 37.6%, FIIs 0.9%, Public 61.5%.Sep '24: Promoters 38.1%, FIIs 0.3%, Public 61.7%.Dec '24: Promoters 37.6%, FIIs 0.1%, Public 62.4%.Mar '25: Promoters 37.5%, FIIs 0.2%, Public 62.3%.Jun '25: Promoters 37.5%, FIIs 0.1%, Public 62.4%.Sep '25: Promoters 37.5%, FIIs 0.1%, Public 62.4%.Dec '25: Promoters 37.5%, FIIs 0.1%, Public 62.4%.Mar '26: Promoters 40.1%, FIIs 0.1%, Public 59.8%.Jun '26: Promoters 39.5%, Public 60.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Vivo Bio Tech Limited +0.59 pp 5.28% held
The same filing shows 7 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Virinchi Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Viswanath Kompella | 14.53% | −0.52 pp |
| Gajwel Developers Private Limited | 5.32% | −0.19 pp |
| Vivo Bio Tech Limited | 5.28% | +0.59 pp |
| Kompella Ramakrishna Paramahamsa | 3.85% | −0.14 pp |
| Lopa Mudra Kompella | 3.57% | −0.13 pp |
| Pki Solutions Private Limited | 3.49% | −0.12 pp |
| Green Field Meadows Infra Private Limited | 2.36% | −0.08 pp |
| More Agrisupplies And Services Private Limited | 1.43% | −0.05 pp |
| Praveen Kumar Kondai | 1.20% | unchanged |
| Kompella Modini | 1.06% | unchanged |
| Kompella Madhavi Latha | 0.92% | unchanged |
| Shanmugam S | 0.13% | 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.
Learn to analyse Virinchi Limited
Guides on how to read this kind of business and the numbers that matter.