VL E-Governance & IT Solutions Ltd (VLEGOV) — shareholding pattern, promoter holding, financials and share price
About VL E-Governance & IT Solutions Ltd (VLEGOV)
VL E-Governance & IT Solutions Ltd operates in the IT Enabled Services industry, within the Information Technology sector. It trades on the NSE as VLEGOV and on the BSE under scrip code 543958. Its ISIN is INE03HW01020.
Incorporated in 2016, VL E-Governance & IT Solutions Ltd is in the business of E-Governance & IT/ITES Business (B2B) [1]
VL E-Governance & IT Solutions Limited is a systems integrator and end-to-end e-Governance and IT/ITES services provider, carved out from Vakrangee Ltd and focused on large-scale government digitization, last-mile deliveries and now expanding into infrastructure, renewables and aerospace through strategic transactions and partnerships.
Financials show a sharp near-term stress: Q3 FY2025-26 revenue from operations declined 70.5% QoQ to Rs. 448.19 lakhs and nine‑month revenue fell 37.9% year-on-year, producing an EBITDA and PAT loss; despite the earnings decline, the company reports zero debt and maintained net worth near prior levels, providing financial flexibility for strategic initiatives.
Listed peers in IT Enabled Services: Elnet Technologies Ltd, Enser Communications Ltd, Prodocs Solutions Ltd, GVP Infotech Ltd, Canarys Automations Ltd.
Valuation & Returns
10 Jul 2026At ₹11.08 a share on 10 Jul 2026, VL E-Governance & IT Solutions Ltd (VLEGOV) was valued at a price-to-earnings ratio of -106.34x against an industry P/E of 30.35x and a price-to-book of 2.63x on a book value of ₹4.21 per share as of Mar 2025. Solomo computes return on equity of -2.47% and return on capital employed of -2.43% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- -106.34x
- Industry P/E
- 30.35x
- P/B
- 2.63x
- EPS (TTM)
- ₹-0.1
- Book value / share
- ₹4.21
- ROE
- -2.47%
- ROCE
- -2.43%
- ROA
- -2.33%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- -5.65%
- 52-week range
- ₹8.54 – ₹51.6
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, VL E-Governance & IT Solutions Ltd (VLEGOV) reported revenue of ₹17.15 crore, net profit of ₹-1.13 crore and earnings per share of ₹-0.1. That compares with revenue of ₹30.69 crore and net profit of ₹-2,517.03 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1.19 crore and net profit ₹-0.59 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 174.59 | 729.53 | 22.01 | 30.69 | 17.15 |
| Net profit (₹ cr) | 102.52 | 5.89 | -169.93 | -2,517.03 | -1.13 |
| EPS (₹) | - | 0.13 | -16.04 | -232.09 | -0.1 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 331.13% | -62.56% | 39.44% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 23.24% of VL E-Governance & IT Solutions Ltd (VLEGOV) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.08% and domestic institutional investors (DII) hold 6.13%. Market capitalisation was ₹120 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2023.
Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA 6.07%, VALUABLE STRUCTURING & ADVISORY SERVICES LLP 3.23%, HUF 3.1%, PRIYA PRAKASH 2.74%, SAMEER MAHESHKUMAR BHAMBHA 1.15%, RESPONCE SECURITIES PRIVATE LIMITED 1.04%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 23.24% | - | 1.08% | 6.13% | 76.76% |
| Mar 2026 | 23.24% | - | 1.37% | 6.14% | 76.76% |
| Dec 2025 | 23.24% | - | 1.47% | 6.15% | 76.76% |
| Sep 2025 | 23.24% | - | 2.17% | 6.17% | 76.76% |
| Jun 2025 | 23.24% | - | 2.29% | 6.17% | 76.76% |
| Mar 2025 | 23.24% | - | 2.14% | 6.17% | 76.76% |
| Dec 2024 | 23.79% | - | 3.24% | 6.32% | 76.21% |
| Sep 2024 | 23.79% | - | 3.04% | 6.32% | 76.21% |