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 ₹ 219 Cr.
- Current Price ₹ 20.2
- High / Low ₹ 198 / 20.2
- Stock P/E 1,990
- 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 4.79 times its book value
- 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 0 | 0 | 0 | 175 | 42 | 22 | 31 | 32 | |
| 2 | 1 | -0 | 0 | 38 | 37 | 30 | 31 | 33 | |
| Operating Profit | -2 | -1 | 0 | -0 | 136 | 5 | -8 | -0 | -2 |
| OPM % | -362% | -400% | 150% | 78% | 13% | -37% | -1% | -5% | |
| 0 | 0 | 0 | 0 | 1 | 3 | -162 | -2,517 | -2,516 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -2 | -1 | 0 | 0 | 137 | 8 | -170 | -2,517 | -2,518 |
| Tax % | 0% | 0% | 0% | 25% | 28% | 0% | 0% | ||
| -2 | -1 | 0 | 0 | 103 | 6 | -170 | -2,517 | -2,518 | |
| EPS in Rs | -16.04 | -232.09 | -232.21 | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 334% |
| 3 Years: | -44% |
| TTM: | 202% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 104% |
| 3 Years: | -76% |
| TTM: | 114% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -88% |
| 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 | -0 | -51 | 2 | -59 | |||
| 0 | 0 | 0 | -3 | 0 | -2 | |||
| 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 | 9,933 | 19,222 | 0 | |
| Inventory Days | 0 | 0 | ||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 112 | 33 | 0 | 1,909 | 9,933 | 19,222 | 0 | |
| Working Capital Days | -168 | 13,455 | 146,912 | 5,405 | 22,247 | 40,102 | -26 | |
| ROCE % | -7% | 0% | 0% | 10% | 0% | -0% | 0% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
2d - CARE monitoring: Rs.400.99cr raised of Rs.630cr preferential issue; undersubscription, share price Rs27.07 vs Rs75 exercise.
-
Submission Of Assets And Liabilities - Quarter Ended 30Th September, 2025
5 Nov - Resubmission of unaudited standalone Q2 FY2025-26 results and Balance Sheet for Sept 30, 2025.
-
Appointment of Company Secretary and Compliance Officer
31 Oct - Parth Solanki appointed Company Secretary and Compliance Officer effective 31 Oct 2025.
-
RESULTS PERFORMANCE UPDATE PRESENTATION - 'Q2 FY2025-26 RESULTS UPDATE'
31 Oct - Q2/H1 results; MoU for ₹800 crore Sankalp EPC; binding term sheet to acquire 40% HETL.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 31St October, 2025
31 Oct - Approved Q2 and H1 FY2025-26 unaudited results (30 Sep 2025); appointed Parth Solanki CS effective 31 Oct 2025.
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.