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 ₹ 959 Cr.
- Current Price ₹ 90.4
- High / Low ₹ 90.9 / 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 0.39 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 | TTM | |
---|---|---|---|---|---|---|---|---|
1 | 0 | 0 | 0 | 175 | 42 | 22 | 25 | |
2 | 1 | -0 | 0 | 38 | 37 | 30 | 28 | |
Operating Profit | -2 | -1 | 0 | -0 | 136 | 5 | -8 | -3 |
OPM % | -362% | -400% | 150% | 78% | 13% | -37% | -12% | |
0 | 0 | 0 | 0 | 1 | 3 | -162 | -162 | |
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 | -165 |
Tax % | 0% | 0% | 0% | 25% | 28% | 0% | ||
-2 | -1 | 0 | 0 | 103 | 6 | -170 | -165 | |
EPS in Rs | -16.04 | -15.56 | ||||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 151% |
3 Years: | % |
TTM: | -96% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 14% |
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% | -0% |
Documents
Announcements
- Intimation Titled "VLE SIGNS BINDING TERM SHEET FOR ACQUISITION OF 26% EQUITY STAKE IN HETL (JOINT VENTURE OF HINDUSTAN AERONAUTICS LIMITED (HAL)). 2h
-
Announcement under Regulation 30 (LODR)-Acquisition
1d - For acquisition of 26% stake in HAL Edgewood Technologies Private Limited from Edgewood Ventures LLC.
- Result Update Presentation For The First Quarter Ended June 30, 2024. 9 Jul
- Results-Financial Results For The First Quarter Ended June 30, 2024. 9 Jul
- Board Meeting Intimation for Notice Of Board Meeting To Be Held On July 9, 2024. 29 Jun
Annual reports
No data available.
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.