Virtual Galaxy Infotech Ltd
Incorporated in September 1997, Virtual Galaxy Infotech Limited (VGIL) is an IT services and consulting firm based in Nagpur, Maharashtra, India.[1]
- Market Cap ₹ 462 Cr.
- Current Price ₹ 186
- High / Low ₹ 208 / 146
- Stock P/E 14.4
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 45.0 %
- ROE 47.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 79.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.3%
- Debtor days have improved from 121 to 67.7 days.
Cons
- Promoter holding has decreased over last quarter: -23.2%
- Company might be capitalizing the interest cost
* 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
Information Technology Information Technology IT - Software Software Products
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 25 | 27 | 30 | 42 | 43 | 58 | 61 | 120 | |
| 18 | 21 | 23 | 33 | 32 | 45 | 30 | 65 | |
| Operating Profit | 7 | 6 | 7 | 9 | 10 | 13 | 31 | 55 |
| OPM % | 27% | 22% | 24% | 21% | 24% | 22% | 50% | 46% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 3 | 2 | 2 | 3 | 3 | 3 | 2 | 3 |
| Depreciation | 3 | 2 | 3 | 4 | 5 | 6 | 6 | 8 |
| Profit before tax | 2 | 2 | 2 | 3 | 3 | 5 | 23 | 45 |
| Tax % | 31% | 27% | 28% | 28% | 28% | 62% | 28% | 29% |
| 1 | 1 | 2 | 2 | 2 | 2 | 16 | 32 | |
| EPS in Rs | 0.95 | 1.13 | 1.59 | 2.00 | 2.05 | 1.64 | 14.82 | 17.55 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 41% |
| TTM: | 95% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 79% |
| 3 Years: | 143% |
| TTM: | 97% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 40% |
| Last Year: | 48% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 18 |
| Reserves | 4 | 5 | 9 | 11 | 13 | 14 | 30 | 75 |
| 12 | 10 | 9 | 14 | 14 | 38 | 39 | 40 | |
| 13 | 12 | 39 | 34 | 31 | 24 | 36 | 25 | |
| Total Liabilities | 39 | 38 | 68 | 70 | 69 | 87 | 116 | 158 |
| 11 | 14 | 43 | 45 | 44 | 33 | 30 | 76 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 14 | 43 | 41 |
| Investments | 2 | 2 | 1 | 4 | 2 | 3 | 3 | 0 |
| 27 | 23 | 24 | 21 | 23 | 37 | 40 | 42 | |
| Total Assets | 39 | 38 | 68 | 70 | 69 | 87 | 116 | 158 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 19 | 5 | 3 | 8 | 31 | 43 | |||
| -18 | -6 | -3 | -9 | -31 | -51 | |||
| 0 | 0 | 0 | 1 | 0 | 8 | |||
| Net Cash Flow | 1 | -1 | 0 | 0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 297 | 222 | 205 | 101 | 116 | 146 | 149 | 68 |
| Inventory Days | 11 | 5 | 1 | 1 | 1 | 1 | 2 | |
| Days Payable | 81 | 144 | 87 | 45 | 47 | 164 | 326 | |
| Cash Conversion Cycle | 226 | 83 | 119 | 57 | 70 | -17 | -175 | 68 |
| Working Capital Days | 162 | 89 | 57 | 43 | 48 | 37 | -16 | 14 |
| ROCE % | 15% | 17% | 15% | 15% | 35% | 45% |
Documents
Announcements
-
Change in Auditors
3 August 2025 - Appointment of K.K. Mankeshwar & Co. as statutory auditor for five years from FY 2025-26.
-
Change in Auditors
3 August 2025 - Appointment of PGBP & Associates LLP as Secretarial Auditor for FY 2025-26 to 2029-30.
-
Shareholders meeting
3 August 2025 - 28th AGM held; all 5 resolutions passed with requisite majority; voting results disclosed.
-
Shareholders meeting
1 August 2025 - 28th AGM held; financials adopted, director reappointed, auditors appointed, related party transactions approved.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
22 July 2025 - Virtual Galaxy Infotech exempt from corporate governance norms for Q1 FY2025 due to SME listing.
Concalls
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Jun 2025Transcript PPT
Business Profile[1]
Virtual Galaxy Infotech is a SaaS-based IT company specializing in core banking solutions, ERP systems, e-governance platforms, and custom IT services. With over 26 years of experience and 300+ member team, the company serves a diverse client base across the BFSI sector, government agencies, and industrial enterprises.