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 ₹ 156 Cr.
- Current Price ₹ 14.4
- High / Low ₹ 65.0 / 8.42
- Stock P/E
- Book Value ₹ 4.11
- Dividend Yield 0.00 %
- ROCE -2.46 %
- ROE -2.50 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 9,623 to 24.7 days.
Cons
- Stock is trading at 3.50 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 23.2%
- Company has a low return on equity of -0.19% 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
Part of BSE Information Technology
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.52 | 0.22 | 0.02 | 0.00 | 174.59 | 729.53 | 22.01 | 30.69 | 17.15 | |
| 2.40 | 1.10 | -0.01 | 0.01 | 38.20 | 724.19 | 30.08 | 30.95 | 18.63 | |
| Operating Profit | -1.88 | -0.88 | 0.03 | -0.01 | 136.39 | 5.34 | -8.07 | -0.26 | -1.48 |
| OPM % | -361.54% | -400.00% | 150.00% | 78.12% | 0.73% | -36.67% | -0.85% | -8.63% | |
| 0.20 | 0.30 | 0.04 | 0.03 | 0.56 | 2.79 | -161.86 | -2,516.71 | 0.51 | |
| Interest | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.01 | 0.03 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.04 | 0.14 |
| Profit before tax | -1.70 | -0.61 | 0.04 | 0.00 | 136.95 | 8.13 | -169.93 | -2,517.01 | -1.11 |
| Tax % | 0.00% | 0.00% | 0.00% | 25.13% | 27.55% | 0.00% | 0.00% | 2.70% | |
| -1.69 | -0.61 | 0.04 | 0.00 | 102.52 | 5.89 | -169.93 | -2,517.03 | -1.13 | |
| EPS in Rs | -16.04 | -232.09 | -0.10 | ||||||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -71% |
| TTM: | -44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -181% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -77% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 0% |
| Last Year: | -3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.00 | 12.00 | 12.00 | 12.00 | 105.95 | 105.95 | 105.95 | 108.45 | 108.45 |
| Reserves | -2.38 | -2.99 | -2.94 | -2.95 | 2,506.51 | 2,512.40 | 2,342.47 | -62.76 | -63.89 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 53.67 | 51.09 | 0.00 | 0.00 | |
| 0.48 | 0.04 | 0.02 | 0.02 | 39.29 | 26.90 | 17.64 | 2.80 | 2.64 | |
| Total Liabilities | 10.10 | 9.05 | 9.08 | 9.07 | 2,651.75 | 2,698.92 | 2,517.15 | 48.49 | 47.20 |
| 0.02 | 0.05 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 2.35 | 2.35 | |
| CWIP | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 |
| 10.02 | 9.00 | 9.06 | 9.07 | 2,651.75 | 2,698.92 | 2,517.15 | 46.14 | 44.71 | |
| Total Assets | 10.10 | 9.05 | 9.08 | 9.07 | 2,651.75 | 2,698.92 | 2,517.15 | 48.49 | 47.20 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.02 | -0.02 | -0.47 | -56.48 | 2.20 | -59.23 | 0.32 | |||
| 0.03 | 0.03 | 0.02 | 2.77 | 0.43 | -1.59 | 0.22 | |||
| 0.00 | 0.00 | 0.00 | 53.67 | -2.59 | 63.22 | 0.00 | |||
| Net Cash Flow | 0.05 | 0.01 | -0.45 | -0.04 | 0.05 | 2.41 | 0.54 | ||
| Free Cash Flow | 0.02 | -0.02 | -0.47 | -56.48 | 2.20 | -59.23 | 0.18 | ||
| CFO/OP | -100% | 200% | -0% | -473% | -27% | 22,781% | -22% |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 112.31 | 33.18 | 0.00 | 1,909.11 | 578.26 | 19,222.12 | 0.00 | 24.69 | |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 112.31 | 33.18 | 0.00 | 1,909.11 | 578.26 | 19,222.12 | 0.00 | 24.69 | |
| Working Capital Days | -168.46 | 13,455.23 | 146,912.50 | 5,405.24 | 1,295.14 | 40,101.58 | -25.57 | -16.81 | |
| ROCE % | -6.55% | 0.44% | 0.00% | 10.45% | 0.31% | -0.30% | 0.11% | -2.46% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Aadhaar Enrolment Centers Established Number |
|
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| Aadhaar Resident Enrolments Million |
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| Citizen Facilitation Centers Managed (Historical) Number |
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| Director Identification Numbers (DIN) Issued Million |
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| Employee Count (Standalone) Number |
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| International Land Deeds Digitized (Philippines) Million |
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| MCA-21 Corporate Entity Records Digitized Lakh |
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| NPR Resident Records Digitized Million |
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| Smart Ration Cards Issued (UID-linked) Million |
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| Voter ID Cards Generated Million |
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| RSBY Families Enrolled Million |
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| Sankalp Industrial Smart City EPC Project Value Rs. Crore |
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| Sankalp Industrial Smart City Phase I Area Acres |
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Extracted by Screener AI
Documents
Announcements
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RESULTS PERFORMANCE UPDATE PRESENTATION - 'Q4 & FULL YEAR FY2025-26 RESULTS UPDATE'
22 May - FY2025-26 results update presentation released; revenue fell 44%, PAT loss ₹113.07 lakh.
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Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday, 21St May, 2026
22 May - Board approved FY26 audited standalone results on 21 May 2026; auditor issued unmodified opinion.
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Board Meeting Intimation for To Consider And Approve The Audited Financial Results For The Period Ended March 31, 2026
17 May - Board meeting on 21 May 2026 to approve audited standalone results for quarter and year ended 31 March 2026.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 May - CARE report for Q4 FY26: Rs 400.99 crore preferential issue, no deviation, Rs 2.24 crore unutilized, one tranche delayed.
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Reply To The Clarification Sought On Price Movement
9 Apr - Company replies to BSE price-movement query, citing no undisclosed material event.
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.