Veefin Solutions Limited

BSE:543931 Stock Report

Market Cap: ₹6.1b

Veefin Solutions Management

Management criteria checks 3/4

Veefin Solutions' CEO is Raja Debnath, appointed in Jan 2023, has a tenure of 3.67 years. total yearly compensation is ₹1.97M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 29.3% of the company’s shares, worth ₹1.79B. The average tenure of the management team and the board of directors is 3.6 years and 2.1 years respectively.

Key information

Raja Debnath

Chief executive officer

₹2.0m

Total compensation

CEO salary percentage100.00%
CEO tenure3.7yrs
CEO ownership29.3%
Management average tenure3.6yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

Narrative Update • Aug 17

Mixed Signals

Update post 2027 Q1 Results. I see this going either way but their lack of articulate communications (either on calls or in the quarterly reports) raises questions.
Narrative Update • Jan 16

Uncertainty, Falling Equity and Doubts on Shareholder returns

Below outlines the structural and competitive risks currently weighing on the stock as of Jan 2026. 1.
New Narrative • Feb 17

Undervalued, Underestimated

Acquisition of Walnut: By integrating Walnut’s GenAI capabilities, Veefin can offer advanced analytics, risk assessment, and credit decisioning tools. These features reduce decision-making time and im

CEO Compensation Analysis

How has Raja Debnath's remuneration changed compared to Veefin Solutions's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

₹259m

Mar 31 2026n/an/a

₹228m

Dec 31 2025n/an/a

₹206m

Sep 30 2025n/an/a

₹199m

Jun 30 2025n/an/a

₹181m

Mar 31 2025₹2m₹2m

₹134m

Dec 31 2024n/an/a

₹117m

Sep 30 2024n/an/a

₹99m

Jun 30 2024n/an/a

₹87m

Mar 31 2024₹4mn/a

₹74m

Mar 31 2023₹2mn/a

₹43m

Compensation vs Market: Raja's total compensation ($USD20.55K) is below average for companies of similar size in the Indian market ($USD43.75K).

Compensation vs Earnings: Raja's compensation has been consistent with company performance over the past year.

CEO

Raja Debnath (51 yo)

3.7yrs
Tenure

Mr. Raja Debnath is Founderof of Veefin Solutions Ltd and serves as Chairman & Managing Director from January 16, 2023 and serves as its Director since October 14, 2020. He holds Masters’ Degree in Busines...

Leadership Team

NamePositionTenureCompensationOwnership
Raja Debnath
Founder3.7yrsno data29.3%
₹ 1.8b
Gautam Udani
Founderno data₹3.00m5.43%
₹ 331.2m
Payal Maisheri
Chief Financial Officer3.5yrs₹3.20mno data
Urja Thakkar
Company Secretary & Compliance Officer3yrs₹1.41mno data
Ketan Zaveri
Chief Technology Officer2.9yrsno datano data
Parin Thaker
Group Head of Adminno datano datano data
Saurabh Kanwar
Chief Brand & Marketing Officer1.8yrsno datano data
Gitesh Karnik
Chief Human Resources Officer1.8yrsno datano data
Minesh Chopra
Head of Technology3.9yrsno datano data
Jigar Shah
Chief of Staff4.4yrsno data2.02%
₹ 123.4m
Sagar Mahajan
Chief Delivery Officer4.5yrsno datano data
Chintan Lad
Head of Product4.4yrsno datano data
3.6yrs
Average Tenure
41yo
Average Age

Experienced Management: 543931's management team is considered experienced (3.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Raja Debnath
Founder5.9yrsno data29.3%
₹ 1.8b
Gautam Udani
Founder5.9yrs₹3.00m5.43%
₹ 331.2m
Niraj Vedwa
Senior Advisorless than a yearno datano data
Afzal Modak
Non-Executive Director2.8yrsno datano data
Amit Jain
Non-Executive Independent Directorless than a year₹38.00kno data
Bhavesh Chheda
Non-Executive Independent Director2.1yrs₹86.00kno data
Deepti Sharma
Non-Executive Independent Director3.5yrs₹128.00kno data
Ajay Rajendran
Non-Executive Non-Independent Director5.8yrsno data14.74%
₹ 899.5m
Matthew Gamser
Non-Executive Director2.1yrsno datano data
Gourav Saraf
Non-Executive Independent Director2.1yrs₹134.00kno data
Jimish Dedhia
Non-Executive Independent Directorless than a year₹28.00kno data
2.1yrs
Average Tenure
51yo
Average Age

Experienced Board: 543931's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/20 13:13
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Veefin Solutions Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.