VL E GOV and IT SOL Ltd
NSE: VLEGOV · IT Enabled Services · sector
₹7.36NSE close 2026-10-26
Key numbers
Market cap₹80 cr
Price₹7.36
52w high / low₹27 / ₹7
P/E–Sector median 20.1x
P/B1.8xSector median 1.6x
Book value₹4.1
Dividend yield–Sector median 0.70%
ROE-5.3%Sector median 8.4%
ROCE-5.3%Sector median 11.3%
OPM-25.1%Sector median 9.6%
Debt / equity0.00xSector median 0.03x
EV/EBITDA–Sector median 10.8x
Interest cover–
Current ratio1.86x
Sales growth 3y–Sector median +11.0%
Profit growth 3y–Sector median +16.6%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 91 companies in IT Enabled Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating cash flow was below net profit in 0 of the last 3 years.
- Net loss in 5 of the last 8 quarters.
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Debtor days went from 19,221 (FY24) to 25 (FY26).
- No dividend in the last 3 financial years.
- Price ₹7.36 on 2026-10-26: -73.1% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹191.19 · low ₹7.36
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 15 | 5 | 8 | 3 | 4 | 1 | 1 |
| EBITDA | 1 | 0 | -2,520 | 0 | -1 | -1 | -1 | -1 |
| OPM % | 8.6% | 0.7% | -50,705.2% | 4.4% | -16.6% | -15.6% | -49.6% | -87.7% |
| Other income | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 1 | 1 | -2,519 | 1 | -1 | -1 | -1 | -1 |
| EPS (₹) | 0.08 | 0.09 | -232.31 | 0.06 | -0.05 | -0.07 | -0.05 | -0.05 |
| Revenue YoY | -59.3% | -70.5% | -76.1% | -92.1% | ||||
| Profit YoY | -164.2% | -175.5% | – | -182.6% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 22 | 31 | 17 | 10 |
| EBITDA | -170 | -2,519 | -1 | -2 |
| Net profit | -170 | -2,517 | -1 | -2 |
| EPS (₹) | -16.04 | -236.42 | -0.10 | -0.22 |
| Revenue growth | +39.4% | -44.1% | -73.7% | |
| Profit growth | – | – | – | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | -73.7% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -77.5% (2y) | -67.2% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 2,448 | 46 | 45 |
| Borrowings | 51 | 0 | 0 |
| Cash & equivalents | 0 | 45 | 3 |
| Total assets | 2,517 | 48 | 47 |
| Fixed assets | 0 | 2 | 2 |
| Capital work in progress | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Receivables | 1,159 | 0 | 1 |
| Inventory | 0 | 0 | 0 |
| Payables | 15 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 2 | -60 | 0 |
| Cash from investing | 0 | -1 | 0 |
| Cash from financing | -3 | 63 | 0 |
| Capex | 0 | 2 | 0 |
| Free cash flow | 2 | -63 | 0 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | -6.9% | -5,508.1% | -2.5% |
| ROCE % | -6.8% | -5,508.1% | -2.5% |
| Debtor days | 19,221 | 0 | 25 |
| Inventory days | 0 | 0 | 0 |
| Payable days | 252 | 1 | 0 |
| Cash conversion cycle (days) | 18,969 | -1 | 25 |
| Working capital days | 40,101 | 515 | 47 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 23.24% |
| FIIs | 1.03% |
| DIIs | 6.13% |
| of which Insurance | 6.13% |
| Public (non-institutions) | 69.60% |
| Quarter | Jan 2025 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 23.24% | 23.24% | 23.24% | 23.24% | 23.24% | 23.24% | 23.24% | 23.24% |
| Promoter group | % |
|---|---|
| Vakrangee Holdings Private Limited | 22.74% |
| NJD Capital Private Limited | 0.32% |
| Jyoti Nandwana | 0.16% |
| Dinesh Nandwana | 0.02% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation of India | 6.07% |
| Valuable Structuring & Advisory Services LLP | 3.23% |
| Priya Prakash | 2.74% |
| Sameer Maheshkumar Bhambha | 1.15% |
| Responce Securities Private Limited | 1.04% |
1,30,935 shareholders. Pledged: – of promoter shares.
Peers in IT Enabled Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTTS | ₹42,777 cr | 27.8x | 6.0x | 23.2% | 26.8% | 17.8% | +11.1% | 1.39% |
| IKS | ₹28,359 cr | 36.4x | 10.1x | 33.3% | 30.2% | 34.3% | – | – |
| TATATECH | ₹27,242 cr | 48.4x | 7.1x | 15.2% | 18.1% | 13.9% | – | 1.75% |
| NETWEB | ₹24,404 cr | 93.4x | 33.7x | 41.6% | 37.4% | 13.3% | – | 0.05% |
| SAGILITY | ₹20,823 cr | 21.0x | 2.1x | 11.0% | 13.1% | 23.6% | – | 0.11% |
| AFFLE | ₹18,518 cr | 38.7x | 5.1x | 14.5% | 16.1% | 22.5% | +23.6% | – |
| BBOX | ₹14,137 cr | 60.6x | 11.0x | 22.1% | 20.2% | 8.2% | +0.2% | 0.12% |
| CYIENT | ₹13,821 cr | 36.3x | 2.4x | 6.9% | 11.6% | 11.2% | +6.5% | 2.38% |
| ESDS | ₹12,988 cr | – | – | – | – | – | – | – |
| VLEGOV | ₹80 cr | – | 1.8x | -5.3% | -5.3% | -25.1% | – | – |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Information Technology |
| Industry | IT Enabled Services |
| Sub-industry | IT Enabled Services |
| Symbol | VLEGOV |
| BSE code | 543958 |
| ISIN | INE03HW01020 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.