Virtual Global Education Ltd
Incorporated in 1993, Virtual Global Education Limited is in the business of skill development, training and providing placement to unemployed youth
- Market Cap ₹ 39.4 Cr.
- Current Price ₹ 0.93
- High / Low ₹ 1.35 / 0.79
- Stock P/E
- Book Value ₹ 1.49
- Dividend Yield 0.00 %
- ROCE 1.17 %
- ROE 0.90 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.62 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 11.2%
- Company has a low return on equity of 0.67% over last 3 years.
- Promoter holding has decreased over last 3 years: -12.0%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Education Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
9.76 | 8.31 | 9.35 | 12.63 | 36.34 | 36.22 | 36.59 | 12.05 | 3.43 | 0.67 | 0.06 | 0.00 | 0.00 | |
9.48 | 8.21 | 9.22 | 12.37 | 32.67 | 33.47 | 33.66 | 12.05 | 3.63 | 1.08 | 0.94 | 0.42 | 0.73 | |
Operating Profit | 0.28 | 0.10 | 0.13 | 0.26 | 3.67 | 2.75 | 2.93 | 0.00 | -0.20 | -0.41 | -0.88 | -0.42 | -0.73 |
OPM % | 2.87% | 1.20% | 1.39% | 2.06% | 10.10% | 7.59% | 8.01% | 0.00% | -5.83% | -61.19% | -1,466.67% | ||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.34 | 1.06 | 1.25 | 1.00 | 1.00 | 1.55 | 1.33 | 0.78 | |
Interest | 0.00 | 0.01 | 0.00 | 0.03 | 0.03 | 0.15 | 0.28 | 0.30 | 0.22 | 0.03 | 0.01 | 0.00 | 0.00 |
Depreciation | 0.01 | 0.01 | 0.01 | 0.07 | 0.25 | 0.54 | 0.40 | 0.31 | 0.21 | 0.16 | 0.12 | 0.08 | 0.08 |
Profit before tax | 0.27 | 0.08 | 0.12 | 0.16 | 3.39 | 3.40 | 3.31 | 0.64 | 0.37 | 0.40 | 0.54 | 0.83 | -0.03 |
Tax % | 29.63% | 37.50% | 33.33% | 37.50% | 32.15% | 34.12% | 27.19% | 28.12% | 16.22% | 27.50% | 27.78% | 26.51% | |
0.19 | 0.06 | 0.09 | 0.10 | 2.30 | 2.24 | 2.40 | 0.47 | 0.31 | 0.30 | 0.39 | 0.61 | -0.01 | |
EPS in Rs | 0.02 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | 25% |
5 Years: | -25% |
3 Years: | 23% |
TTM: | -101% |
Stock Price CAGR | |
---|---|
10 Years: | -11% |
5 Years: | 27% |
3 Years: | 13% |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11.33 | 35.86 | 42.37 | 42.37 | 42.37 | 42.37 | 42.37 | 42.37 | 42.37 | 42.37 | 42.37 | 42.37 | 42.37 |
Reserves | 0.36 | 0.42 | 12.75 | 12.85 | 15.15 | 17.40 | 19.80 | 20.27 | 20.34 | 20.63 | 20.39 | 21.00 | 20.90 |
0.00 | 0.00 | 0.00 | 0.28 | 0.81 | 1.92 | 2.50 | 2.43 | 2.24 | 1.87 | 3.09 | 2.71 | 0.83 | |
12.00 | 0.59 | 0.34 | 0.83 | 2.58 | 5.81 | 11.00 | 17.06 | 18.51 | 17.81 | 15.97 | 15.31 | 16.67 | |
Total Liabilities | 23.69 | 36.87 | 55.46 | 56.33 | 60.91 | 67.50 | 75.67 | 82.13 | 83.46 | 82.68 | 81.82 | 81.39 | 80.77 |
4.89 | 5.69 | 12.05 | 29.76 | 31.68 | 15.10 | 14.80 | 14.42 | 14.21 | 14.05 | 13.94 | 13.83 | 13.80 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.23 | 0.23 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 |
18.57 | 30.95 | 43.01 | 26.17 | 28.83 | 52.00 | 60.47 | 67.31 | 68.85 | 68.23 | 67.48 | 67.16 | 66.57 | |
Total Assets | 23.69 | 36.87 | 55.46 | 56.33 | 60.91 | 67.50 | 75.67 | 82.13 | 83.46 | 82.68 | 81.82 | 81.39 | 80.77 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-7.21 | -19.31 | -10.21 | -2.42 | 0.62 | 5.44 | 6.43 | 0.00 | -1.03 | -1.09 | -1.61 | -0.75 | |
2.90 | -0.80 | -8.43 | 2.06 | -0.42 | -6.89 | -6.19 | 0.00 | 0.00 | 0.00 | -0.01 | 0.03 | |
4.26 | 20.25 | 18.75 | 0.22 | 0.39 | 0.96 | 0.02 | 0.00 | 0.79 | 0.98 | 1.54 | 1.28 | |
Net Cash Flow | -0.05 | 0.14 | 0.11 | -0.14 | 0.58 | -0.49 | 0.27 | 0.00 | -0.24 | -0.11 | -0.08 | 0.55 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 190.50 | 141.03 | 78.95 | 133.42 | 164.99 | 544.93 | 2,084.65 | 10,835.60 | 105,850.00 | |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0.00 | 0.00 | 190.50 | 141.03 | 78.95 | 133.42 | 164.99 | 544.93 | 2,084.65 | 10,835.60 | 105,850.00 | |
Working Capital Days | -285.72 | -22.40 | 186.99 | 677.11 | 256.12 | 230.97 | 197.71 | 589.76 | 1,837.77 | 10,356.19 | 137,726.67 | |
ROCE % | 2.33% | 0.38% | 0.26% | 0.34% | 6.01% | 5.92% | 5.68% | 1.29% | 0.91% | 0.66% | 0.84% | 1.17% |
Documents
Announcements
- Compliance_Reg 40(9) 16 Apr
-
Non Applicability Of Large Corporate Disclosure
15 Apr - Global Education Limited is not a large corporate
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 15 Apr
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 15 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Business Overview:[1][2]
Company provides skill development and employability training and is partnering with various government bodies in fulfilling Skill India Initiative of Government of India by providing Skill training for more than 1 Million youth in India by 2023. Company derives its revenues primarily from skilling and training and project comprised under Common Norms of National Skill Development Corporation