Vakrangee Limited, incorporated in 1990 and headquartered in Mumbai, India, is a leading franchisee-based, multiservice retail network focused on creating India's extensive network of last-mile retail outlets at every postal code in the country. The company is building one of India's largest Last Mile Distribution Platforms, emerging as a Physical plus Digital Ecosystem with a PAN India presence.
The company operates through its 'Vakrangee Kendras', which are exclusive branded format outlets offering a comprehensive range of products and services across banking, insurance, ATM, assisted e-commerce, e-governance, and healthcare. With 83% of Vakrangee Kendra outlets located in Tier-4 to 6 locations, this network enables the company to provide essential services to customers in the most remote parts of the country.
Vakrangee operates on an asset-light, franchisee-based business model to cater to the diverse needs of its stakeholders. Its assisted digital convenience stores, 'Next-Gen Vakrangee Kendras', offer solutions for multiple products and services. The company's digital offerings encompass banking, financial services, insurance, automated teller machine (ATM), logistics, online shopping, healthcare, travel, telecom, and bill payment services.
The comprehensive service portfolio includes bank account opening, cash deposits and withdrawals, money transfer, fixed and recurring deposits, balance enquiry, statement of accounts, money disbursement, home and business loans, DEMAT account opening, PAN card services, CIBIL score checks, and domestic money transfer services. The company also offers life insurance, motor insurance, health insurance, and social security and micro insurance schemes, alongside owning and managing white-label ATMs.
Vakrangee Ltd. currently has a market capitalization of ₹1,075 crore as of recent data. The company has demonstrated an upward trend in its financial performance in recent quarters. In Q4 FY25, Vakrangee Ltd's net profit saw a significant jump of 15.98% to ₹2.54 crore compared to the same period last year, with sales rising by 17.24% to ₹63.18 crore.
For the full fiscal year 2024-25, net profit surged by 53.10% to ₹6.66 crore, supported by a debt-free status and a robust balance sheet. The company delivered strong overall performance with revenue increasing by 20.5% and profit before tax increasing by 63.7% on a year-on-year basis for FY 2024-25.
- Revenue (Q4 FY25): ₹63.18 Crore (as of March 2025)
- Net Profit (Q4 FY25): ₹2.52 Crore (as of March 2025)
- Profit After Tax (Q1 FY25): ₹223.5 Lakh (Increased by 352.5% on YoY basis)
- EBITDA (Q1 FY25): ₹699.8 Lakh (Increased by 41.7% on YoY basis)
- Full Year FY2024-25: Net Profit surged by 53.10% to ₹6.66 Crore.
Vakrangee has established strategic partnerships, notably with Ageas Federal, to distribute life insurance services through its extensive network of 22,986 Kendras nationwide. The company has also made strategic appointments of master franchisees across 292 districts in 28 states to provide on-ground operational support to existing franchisee outlets and drive new franchisee acquisition.
Most recently, Vakrangee has expanded its network to 3,504 NextGen Vakrangee Kendras, launched telemedicine services, and renewed several Licenses, Partner Agreements, and Corporate Agency Tie-ups. The company is actively progressing towards its Vision 2020 goal of establishing 45,000 NextGen Vakrangee Kendras to serve the unserved and underserved areas of India.
The company is listed on the Bombay Stock Exchange (BSE) with the code 511431 and on the National Stock Exchange (NSE) with the code VAKRANGEE. Promoter holding stands at 40.05% as of March 2025, showing a slight decrease from 41.92% as of June 2024.
The stock has experienced significant volatility over the past year. Over the last 6 months, the Vakrangee share price has decreased by 73.21%, and in the last one year, it has decreased by 55.65%. The 52-week low for the Vakrangee share price was ₹8.82, and the 52-week high was ₹38.2.
Vakrangee holds a strong presence in Rural India, leveraging its diverse business verticals including new-age Fintech and Digital platforms. The company's strategic focus on underserved markets positions it favorably for future growth as digital adoption continues to expand across India's rural areas.
The company's asset-light franchisee model facilitates scalable growth while maintaining low capital requirements. With its comprehensive service portfolio and strategic partnerships, Vakrangee is well-positioned to capitalize on India's growing digital economy and financial inclusion initiatives.
