VL E-Governance & IT Solutions Ltd

VL E-Governance Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

VL E-Governance & IT Solutions Ltd

₹ 152 3.89%
22 Nov - close price
vlegovernance.in BSE: 543958 NSE: VLEGOV
About

Incorporated in 2016, VL E-Governance
& IT Solutions Ltd is in the business of
E-Governance & IT/ITES Business (B2B)[1]

Key Points

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.

Website BSE NSE - BE
  • Market Cap ₹ 1,614 Cr.
  • Current Price ₹ 152
  • High / Low ₹ 181 / 29.8
  • Stock P/E
  • Book Value ₹ 231
  • Dividend Yield 0.00 %
  • ROCE -0.30 %
  • ROE -0.30 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.66 times its book value

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -9.37%
  • Promoter holding is low: 23.8%
  • 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 15,892 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

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Quarterly Results

Figures in Rs. Crores

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
185.33 201.58 165.06 0.00 22.01 0.00 0.00 2.51 7.99
180.09 201.65 169.25 4.43 23.33 1.06 1.25 1.93 7.30
Operating Profit 5.24 -0.07 -4.19 -4.43 -1.32 -1.06 -1.25 0.58 0.69
OPM % 2.83% -0.03% -2.54% -6.00% 23.11% 8.64%
1.02 0.37 -0.21 0.01 0.32 0.03 -162.22 0.03 0.12
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 6.26 0.30 -4.40 -4.42 -1.00 -1.03 -163.47 0.61 0.81
Tax % 25.24% 23.33% -20.91% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4.68 0.22 -3.49 -4.42 -1.00 -1.03 -163.47 0.61 0.81
EPS in Rs -0.42 -0.09 -0.10 -15.43 0.06 0.08
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1 0 0 0 175 730 22 10
2 1 -0 0 38 724 30 12
Operating Profit -2 -1 0 -0 136 5 -8 -1
OPM % -362% -400% 150% 78% 1% -37% -10%
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 -163
Tax % 0% 0% 0% 25% 28% 0%
-2 -1 0 0 103 6 -170 -163
EPS in Rs -16.04 -15.39
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 151%
3 Years: %
TTM: -97%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 91%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 399%
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 Sep 2024
Equity Capital 12 12 12 12 106 106 106 106
Reserves -2 -3 -3 -3 2,507 2,512 2,342 2,344
0 0 0 0 0 54 51 51
0 0 0 0 39 27 18 19
Total Liabilities 10 9 9 9 2,652 2,699 2,517 2,520
0 0 0 0 0 0 0 0
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 2,520
Total Assets 10 9 9 9 2,652 2,699 2,517 2,520

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 1,909 578 19,222
Inventory Days 0 0
Days Payable
Cash Conversion Cycle 112 33 0 1,909 578 19,222
Working Capital Days -168 13,455 146,912 5,405 1,322 40,949
ROCE % -7% 0% 0% 10% 0% -0%

Shareholding Pattern

Numbers in percentages

51 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
42.60% 37.88% 33.16% 33.16% 23.79%
3.08% 1.80% 1.94% 1.86% 3.03%
6.32% 6.32% 6.32% 6.32% 6.32%
48.00% 54.01% 58.57% 58.66% 66.86%
No. of Shareholders 1,85,6861,73,2871,59,9661,52,2431,44,045

* 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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Documents

Announcements

Annual reports