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 ₹ 647 Cr.
- Current Price ₹ 59.7
- High / Low ₹ 198 / 30.9
- Stock P/E 544
- Book Value ₹ 231
- Dividend Yield 0.00 %
- ROCE -0.30 %
- ROE -0.30 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.26 times its book value
Cons
- Promoter holding has decreased over last quarter: -0.55%
- Promoter holding is low: 23.2%
- Company has a low return on equity of 1.56% over last 3 years.
- Company has high debtors of 19,222 days.
- Working capital days have increased from 15,892 days to 40,949 days
* 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: IT - Software Industry: Computers - Software - Medium / Small
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 | TTM | |
---|---|---|---|---|---|---|---|---|
1 | 0 | 0 | 0 | 175 | 730 | 22 | 26 | |
2 | 1 | -0 | 0 | 38 | 724 | 30 | 26 | |
Operating Profit | -2 | -1 | 0 | -0 | 136 | 5 | -8 | 0 |
OPM % | -362% | -400% | 150% | 78% | 1% | -37% | 0% | |
0 | 0 | 0 | 0 | 1 | 3 | -162 | -161 | |
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 | -161 |
Tax % | 0% | 0% | 0% | 25% | 28% | 0% | ||
-2 | -1 | 0 | 0 | 103 | 6 | -170 | -161 | |
EPS in Rs | -16.04 | -15.20 | ||||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 151% |
3 Years: | % |
TTM: | -86% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 112% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 106 | 106 | 106 | 106 |
Reserves | -2 | -3 | -3 | -3 | 2,507 | 2,512 | 2,342 | 2,344 |
0 | 0 | 0 | 0 | 0 | 54 | 51 | 51 | |
0 | 0 | 0 | 0 | 39 | 27 | 18 | 19 | |
Total Liabilities | 10 | 9 | 9 | 9 | 2,652 | 2,699 | 2,517 | 2,520 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
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 | 2,520 | |
Total Assets | 10 | 9 | 9 | 9 | 2,652 | 2,699 | 2,517 | 2,520 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
0 | -0 | 26 | -56 | 2 | |||
0 | 0 | -27 | 3 | 0 | |||
0 | 0 | 0 | 54 | -3 | |||
Net Cash Flow | 0 | 0 | -0 | -0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 112 | 33 | 0 | 1,909 | 578 | 19,222 | |
Inventory Days | 0 | 0 | 0 | ||||
Days Payable | |||||||
Cash Conversion Cycle | 112 | 33 | 0 | 1,909 | 578 | 19,222 | |
Working Capital Days | -168 | 13,455 | 146,912 | 5,405 | 1,322 | 40,949 | |
ROCE % | -7% | 0% | 0% | 10% | 0% | -0% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
14h - VL E-Governance signs ₹800 Cr EPC MoU for Sankalp Industrial Smart City project.
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
14h - VL E-Governance signs ₹800 Cr MoU as EPC partner for Sankalp Industrial Smart City Project.
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
20h - Postal ballot for appointing Mr. Sanjay Nandwana as director and managing director for five years.
-
Board Meeting Intimation for To Consider And Approve Standalone Audited Financial Results For The Fourth Quarter And Financial Year Ended March 31, 2025.
1d - Board meeting on May 26 to approve FY25 Q4 and annual audited financial results.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
15 May - Monitoring Agency Report confirms Rs.400.99 Cr preferential issue proceeds utilized as per objects, no deviations.
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.