VL E-Governance & IT Solutions Ltd
Incorporated in 2016, VL E-Governance
& IT Solutions Ltd is in the business of
E-Governance & IT/ITES Business (B2B)[1]
- Market Cap ₹ 643 Cr.
- Current Price ₹ 59.3
- High / Low ₹ 198 / 30.9
- Stock P/E 473
- Book Value ₹ 4.21
- Dividend Yield 0.00 %
- ROCE 0.11 %
- ROE 0.11 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 14.1 times its book value
- Promoter holding has decreased over last quarter: -0.55%
- Promoter holding is low: 23.2%
- Company has a low return on equity of -0.01% over last 3 years.
* 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 - Services IT Enabled Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 1 | 0 | 0 | 0 | 175 | 730 | 22 | 31 | |
| 2 | 1 | -0 | 0 | 38 | 724 | 30 | 31 | |
| Operating Profit | -2 | -1 | 0 | -0 | 136 | 5 | -8 | -0 |
| OPM % | -362% | -400% | 150% | 78% | 1% | -37% | -1% | |
| 0 | 0 | 0 | 0 | 1 | 3 | -162 | -2,517 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -2 | -1 | 0 | 0 | 137 | 8 | -170 | -2,517 |
| Tax % | 0% | 0% | 0% | 25% | 28% | 0% | 0% | |
| -2 | -1 | 0 | 0 | 103 | 6 | -170 | -2,517 | |
| EPS in Rs | -16.04 | -232.09 | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 334% |
| 3 Years: | -44% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 102% |
| 3 Years: | -76% |
| TTM: | 118% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -4% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 0% |
| Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 106 | 106 | 106 | 108 |
| Reserves | -2 | -3 | -3 | -3 | 2,507 | 2,512 | 2,342 | -63 |
| 0 | 0 | 0 | 0 | 0 | 54 | 51 | 0 | |
| 0 | 0 | 0 | 0 | 39 | 27 | 18 | 3 | |
| Total Liabilities | 10 | 9 | 9 | 9 | 2,652 | 2,699 | 2,517 | 48 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 10 | 9 | 9 | 9 | 2,652 | 2,699 | 2,517 | 46 | |
| Total Assets | 10 | 9 | 9 | 9 | 2,652 | 2,699 | 2,517 | 48 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 0 | -0 | 26 | -56 | 2 | -60 | |||
| 0 | 0 | -27 | 3 | 0 | -1 | |||
| 0 | 0 | 0 | 54 | -3 | 63 | |||
| Net Cash Flow | 0 | 0 | -0 | -0 | 0 | 2 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 112 | 33 | 0 | 1,909 | 578 | 19,222 | 0 | |
| Inventory Days | 0 | 0 | 0 | 0 | ||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 112 | 33 | 0 | 1,909 | 578 | 19,222 | 0 | |
| Working Capital Days | -168 | 13,455 | 146,912 | 5,405 | 1,322 | 40,949 | -26 | |
| ROCE % | -7% | 0% | 0% | 10% | 0% | -0% | 0% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report confirming full regulatory compliance for FY ended March 31, 2025.
-
RESULTS UPDATE PRESENTATION - 'Q4 FY2024-25 RESULTS UPDATE'.
26 May - Q4 FY25 results; signed ₹800 Cr EPC smart city project; acquired 40% stake in HAL JV HETL.
-
Board Meeting Outcome for Audited Standalone Financial Results For The Fourth Quarter And Year Ended March 31, 2025
26 May - VL E-Governance reports Rs. 2,51,841.28 lakh ECL provision causing Rs. 2,51,703.25 lakh net loss FY25.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
20 May - VL E-Governance signs ₹800 Cr EPC MoU for Sankalp Industrial Smart City project.
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
20 May - VL E-Governance signs ₹800 Cr MoU as EPC partner for Sankalp Industrial Smart City Project.
Business Overview:[1]
VLEGITL is a subsidiary of Vakrangee Ltd. It specializes in e-governance services, IT/ITES system integration, B2B trading, and IT/ITES equipment trading. Company functions as a systems integrator and end-to-end service provider for various e-government projects.