VL E-Governance & IT Solutions share price & results
- Jun 2026
- Jun 2026
Systems integrator running large-scale Indian e-Governance programmes (Aadhaar, elections, land records), now expanding into smart-city EPC contracting and, via a pending HAL joint-venture stake, defence/aerospace electronics.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 0.65 | −92.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -87.7 | −91.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -0.57 | −182.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | -5.30 | −2.6 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | ||
| Revenue growth (YoY) | -73.72 | −83.6 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −70.4% 1Y
1Y: ₹26.08 on 24 Oct 2025 → ₹7.72. High ₹26.08 (24 Oct 2025), low ₹7.36 (26 Oct 2026).
- Previous close
- ₹7.36
- Market cap
- ₹101 Cr
- 52-week range
- ₹7.36 – ₹25.86
- One year
- −69.96%
- Return on equity (TTM to Jun 2026)
- -5.30%
Overview
- Symbol
- NSE:VLEGOV
- Sector
- Information Technology
- Exchange
- NSE
- Currency
- INR
What VL E-Governance & IT Solutions Limited does
Based on the company's own presentations, annual report and earnings calls.
VL E-Governance & IT Solutions builds and operates large government technology programmes as a systems integrator, rather than selling packaged software — enrolling citizens for Aadhaar and elections, digitizing land records, and running smart-card, passport-services and corporate-registry (MCA-21) infrastructure across India, with past work in the Philippines. It earns by executing these Mission Mode Projects end-to-end (data centres, call centres, enrolment kiosks and field staff). The company has signed an MoU to act as EPC (Engineering, Procurement & Construction) partner for the Sankalp Industrial Smart City Project near Mumbai, and a binding term sheet to acquire a 40% stake in HAL-Edgewood Technologies Private Limited (HETL), a Hindustan Aeronautics Limited joint venture that makes a patented indigenous Mission Computer for military aircraft.
Segments
- E-Governance & IT/ITES Services
- Smart Infrastructure & EPC
- Aviation, Aerospace, Defence & Satellite
- IT & Digital Solutions
- Philippines Land Titling project
- 20 million+ land deeds dematerialised across 168 Registrar of Deeds offices
- Aadhaar enrolments enabled
- 50 million+ (5 crore+) residents
- Election Commission computerization
- 100 million+ voter ID cards generated; 1,00,000+ citizen facilitation centres operated
- National Population Register digitization
- 145 million resident records across 27 zones + 1 UT, operations in 8 states
- Sankalp Industrial Smart City EPC project footprint
- Phase I 494 acres, expandable to ~1,960 acres across Phase I-III
- MCA-21 project
- IT infrastructure at 22 ROC sites; 2 million DIN issued; 6.5 lakh records dematerialised
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −183% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 8 | 15 | 5 | 8 | 3 | 4 | 1 | 1 |
| Expenses | 7 | 15 | 7 | 8 | 4 | 5 | 2 | 1 |
| Operating profit | 1 | 0 | -2 | 0 | -1 | -1 | -1 | -1 |
| Operating margin | 8.6% | 0.7% | −33.0% | 4.3% | −16.3% | −15.6% | −50.4% | −87.7% |
| Other income | 0 | 1 | -2,518 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 1 | -2,519 | 1 | -1 | -1 | -1 | -1 |
| Tax rate | 0.0% | 0.0% | 0.0% | 1.4% | 2.0% | 1.4% | 1.7% | 1.8% |
| Net profit | 1 | 1 | -2,519 | 1 | -1 | -1 | -1 | -1 |
| EPS (₹ per share) | 0.08 | 0.09 | -232.31 | 0.06 | -0.05 | -0.07 | -0.05 | -0.05 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 22 | 31 | 17 |
| Expenses | 30 | 31 | 19 |
| Operating profit | -8 | -0 | -1 |
| Other income | -162 | -2,517 | 1 |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | -170 | -2,517 | -1 |
| Net profit | -170 | -2,517 | -1 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 106 | 106 | 106 | 108 | 108 | 108 |
| Reserves | 2,507 | 2,512 | 2,342 | -63 | -63 | -64 |
| Borrowings | 0 | 54 | 51 | 0 | 0 | 0 |
| Other liabilities | 39 | 27 | 18 | 3 | 3 | 3 |
| Total liabilities | 2,652 | 2,699 | 2,517 | 48 | 48 | 47 |
| Fixed assets | 0 | 0 | 0 | 2 | 2 | 2 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 2,652 | 2,699 | 2,517 | 46 | 46 | 45 |
| Total assets | 2,652 | 2,699 | 2,517 | 48 | 48 | 47 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -0 | -0 | -56 | 2 | -61 | 0 |
| Cash from investing | 0 | 0 | 3 | 0 | -1 | 0 |
| Cash from financing | 0 | 0 | 54 | -3 | 63 | 0 |
| Net cash flow | 0 | -0 | -0 | 0 | 1 | 1 |
| Free cash flow | -0 | -0 | -56 | 2 | -61 | 0 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | — | 1909 | 578 | 19222 | 0 | 25 |
| Inventory days | — | — | 0 | 0 | 0 | 0 |
| Cash conversion cycle | — | 1909 | 578 | 19222 | 0 | 25 |
| Working capital days | — | 5405 | 1295 | 40102 | -26 | -20 |
| Return on capital employed | 0.0% | 10.4% | 0.3% | −0.3% | 0.1% | −2.5% |
| Dividend payout | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Public hold 69.55% as of Jun 2026; institutions cut 0.30 pts since Mar 2026.
- Promoters 23.24%
- Foreign institutions 1.08%
- Domestic institutions 6.13%
- Public 69.55%
Who is on the register
Named in the Jun 2026 filing
Every holder of VL E-Governance & IT Solutions Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 22.74% | unchanged | |
| Insurer | 6.07% | unchanged |
| 3.23% | unchanged | |
| 2.74% | unchanged | |
| 1.15% | unchanged | |
| 1.04% | unchanged | |
| 0.32% | unchanged | |
| 0.16% | unchanged | |
| 0.02% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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