Vegorama Punjabi Angithi posts 47% profit jump in maiden full-year results
First audited results since May IPO show revenue up 39% to ₹14,086.87 lakhs and net profit at ₹1,203.71 lakhs, with unmodified audit opinion. Stock trades at 34.5x trailing earnings.
What's new
- Revenue rose 39% to ₹14,086.87 lakhs, net profit 47% to ₹1,203.71 lakhs.
- Audit opinion unmodified; first full-year report since IPO.
- Basic EPS improved to ₹9.54 from ₹6.48.
Why this matters
These numbers validate the business case Vegorama pitched to IPO investors. The 47% profit growth on 39% revenue gain comes with a clean audit. For a ₹284 cr nano-cap, the debut is strong — but the 34.5x P/E already prices in momentum.
What we're watching
- Q1 FY27 same-store sales and footfall trends.
- Any expansion plans or store openings.
- Whether margin can hold as input costs change.
The full read
Vegorama Punjabi Angithi delivered its first audited results as a listed company, and the numbers back the IPO story. Revenue jumped 39% to ₹14,086.87 lakhs and net profit surged 47% to ₹1,203.71 lakhs. The unmodified audit opinion adds credibility. At a trailing P/E of 34.5x, the stock isn't cheap, but for a nano-cap restaurant chain reporting 47% bottom-line growth, the market may have room to run. The open question: whether it can sustain margins into FY27. For now, a clean debut.
Questions answered
- How much did the IPO raise?
- The IPO raised approximately ₹38.4 crores in May 2026.
- What is the company's market cap?
- Current market cap is about ₹284 crores, giving a trailing P/E of 34.5x.
- What does the unmodified audit opinion mean?
- It means the auditor found no material misstatements and the financials present a true and fair view of the company's performance.
- What is Vegorama's debt level?
- The debt-to-equity ratio is 0.35, indicating low leverage.
- How does the EPS compare to the previous year?
- Basic EPS rose to ₹9.54 from ₹6.48, a 47% increase in line with net profit growth.