Virtual Global Education Ltd

Virtual Global Education Ltd

₹ 0.77 2.67%
23 Dec - close price
About

Incorporated in 1993, Virtual Global Education Limited is in the business of skill development, training and providing placement to unemployed youth

Key Points

Business Overview:[1][2]
Company provides skill development and employability training and is partnering with various government bodies in fulfilling Skill India Initiative of Government of India by providing Skill training for more than 1 Million youth in India by 2023. Company derives its revenues primarily from skilling and training and project comprised under Common Norms of National Skill Development Corporation

  • Market Cap 32.6 Cr.
  • Current Price 0.77
  • High / Low 1.35 / 0.72
  • Stock P/E
  • Book Value 1.54
  • Dividend Yield 0.00 %
  • ROCE -2.80 %
  • ROE -2.93 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.50 times its book value

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 11.2%
  • Promoter holding has decreased over last 3 years: -8.07%

* 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: Education Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
-0.00 -0.00 0.16 -0.00 -0.00 0.24 -0.00 -0.00 -0.00
0.10 0.09 0.16 0.10 0.36 0.11 1.86 0.29 0.33
Operating Profit -0.10 -0.09 -0.00 -0.10 -0.36 0.13 -1.86 -0.29 -0.33
OPM % -0.00% 54.17%
0.34 0.37 -0.00 0.19 0.19 -0.00 0.04 0.26 0.42
Interest -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Depreciation 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.01 0.01
Profit before tax 0.22 0.26 -0.02 0.07 -0.19 0.11 -1.84 -0.04 0.08
Tax % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
0.22 0.26 -0.02 0.08 -0.19 0.12 -1.84 -0.04 0.08
EPS in Rs 0.01 0.01 -0.00 0.00 -0.00 0.00 -0.04 -0.00 0.00
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 TTM
0.01 -0.00 0.24
0.43 2.43 2.59
Operating Profit -0.42 -2.43 -2.35
OPM % -4,200.00% -979.17%
1.33 0.67 0.72
Interest -0.00 -0.00 0.00
Depreciation 0.08 0.06 0.06
Profit before tax 0.83 -1.82 -1.69
Tax % 26.51% 0.55%
0.61 -1.83 -1.68
EPS in Rs 0.01 -0.04 -0.04
Dividend Payout % -0.00% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 50%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -1392%
Stock Price CAGR
10 Years: -24%
5 Years: 35%
3 Years: -25%
1 Year: -20%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Sep 2024
Equity Capital 42.37 42.37 42.37
Reserves 21.00 19.17 22.74
2.73 2.54 -0.00
15.34 14.07 12.75
Total Liabilities 81.44 78.15 77.86
13.85 13.79 13.77
CWIP -0.00 -0.00 -0.00
Investments 0.39 0.39 0.40
67.20 63.97 63.69
Total Assets 81.44 78.15 77.86

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
-375.15 -0.65
26.28 -0.00
1.23 0.67
Net Cash Flow -347.63 0.02

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 621,230.00
Inventory Days
Days Payable
Cash Conversion Cycle 621,230.00
Working Capital Days 700,800.00
ROCE % -2.80%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
11.15% 11.15% 11.15% 11.15% 11.15% 11.15% 11.15% 11.15% 11.15% 11.15% 11.15% 11.15%
5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 3.92% 3.92% 3.92% 3.92%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
83.30% 83.30% 83.30% 83.30% 83.30% 83.31% 83.31% 83.31% 84.92% 84.91% 84.92% 84.91%
No. of Shareholders 53,95983,38184,51781,67183,55380,11580,11579,55379,96885,41085,57085,477

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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