VL E-Governance & IT Solutions Ltd
VL E-Governance & IT Solutions Limited is a subsidiary of Vakrangee Limited, specialized in e-governance services, IT/ITES system integration, B2B trading, and IT/ITES equipment trading. With extensive experience and execution capabilities, the company has undertaken large-scale e-governance projects, land record digitization, and international projects.
Life Insurance Corporation of India (LIC) owns 65,86,464 share or 6.22 per cent stake in the company.[1]VL E-Governance & IT Solutions Ltd is a public unlisted Indian non-government company that specializes in providing IT solutions and services 12. The company was incorporated on March 18, 2016, and has its registered office in Mumbai, Maharashtra 2.
- Market Cap ₹ 731 Cr.
- Current Price ₹ 69.0
- High / Low ₹ 84.2 / 28.8
- Stock P/E
- 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 0.30 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -4.72%
- Promoter holding is low: 33.2%
- 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 23,021 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 | |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 0 | 0 | 175 | 42 | 22 | |
| 2 | 1 | -0 | 0 | 38 | 37 | 30 | |
| Operating Profit | -2 | -1 | 0 | -0 | 136 | 5 | -8 |
| OPM % | -362% | -400% | 150% | 78% | 13% | -37% | |
| 0 | 0 | 0 | 0 | 1 | 3 | -162 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -2 | -1 | 0 | 0 | 137 | 8 | -170 |
| Tax % | 0% | 0% | 0% | 25% | 28% | 0% | |
| -2 | -1 | 0 | 0 | 103 | 6 | -170 | |
| EPS in Rs | -16.04 | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 151% |
| 3 Years: | % |
| TTM: | -48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -230% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| 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 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 106 | 106 | 106 |
| Reserves | -2 | -3 | -3 | -3 | 2,507 | 2,512 | 2,342 |
| 0 | 0 | 0 | 0 | 0 | 54 | 51 | |
| 0 | 0 | 0 | 0 | 39 | 27 | 18 | |
| Total Liabilities | 10 | 9 | 9 | 9 | 2,652 | 2,699 | 2,517 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 10 | 9 | 9 | 9 | 2,652 | 2,699 | 2,517 | |
| Total Assets | 10 | 9 | 9 | 9 | 2,652 | 2,699 | 2,517 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 26 | -51 | 2 | |||||
| -27 | -3 | 0 | |||||
| 0 | 54 | -3 | |||||
| Net Cash Flow | -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 | 9,933 | 19,222 | |
| Inventory Days | 0 | ||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 112 | 33 | 0 | 1,909 | 9,933 | 19,222 | |
| Working Capital Days | -168 | 13,455 | 146,912 | 5,405 | 22,709 | 40,949 | |
| ROCE % | -7% | 0% | 0% | 10% | 0% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr
- Rectification Of Clerical Mistake In Audit Report Of The Financial Results For The Quarter And Year Ended March 31, 2024. 20 Apr
- RESULTS UPDATE PRESENTATION - 'Q4 And Full Year FY 2023-24 19 Apr
- Audited Standalone Financial Result For The Quarter And Financial Year Ended March 31, 2024 19 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024. 16 Apr
Annual reports
No data available.