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.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 12 | 12 | 106 | 106 | 106 | 108 | 108 | 108 |
| Reserves | -3 | -3 | 2.5k | 2.5k | 2.3k | -63 | -63 | -64 |
| Borrowings | 0 | 0 | 0 | 54 | 51 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 39 | 27 | 18 | 3 | 3 | 3 |
| Total Liabilities | 9 | 9 | 2.7k | 2.7k | 2.5k | 48 | 48 | 47 |
| AssetsFixed Assets | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 9 | 9 | 2.7k | 2.7k | 2.5k | 46 | 46 | 45 |
| Total Assets | 9 | 9 | 2.7k | 2.7k | 2.5k | 48 | 48 | 47 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | — | 0 | -0 | -0 | -56 | 2 | -59 | 0 |
| Cash from Investing | — | 0 | 0 | 0 | 3 | 0 | -2 | 0 |
| Cash from Financing | — | 0 | 0 | 0 | 54 | -3 | 63 | 0 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | 0 | -0 | -0 | -56 | 2 | -59 | 0 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
VLEGOV · CYCLICAL_UNMODELABLE
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