VL E-Governance & IT Solutions Limited (VLEGOV) - Net Assets
Based on the latest financial reports, VL E-Governance & IT Solutions Limited (VLEGOV) has net assets worth Rs456.97 Million INR (≈ $4.94 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs484.83 Million ≈ $5.24 Million USD) and total liabilities (Rs27.87 Million ≈ $301.36K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore VLEGOV total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs456.97 Million |
| % of Total Assets | 94.25% |
| Annual Growth Rate | -74.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 44.87 |
VL E-Governance & IT Solutions Limited - Net Assets Trend (2022–2025)
This chart illustrates how VL E-Governance & IT Solutions Limited's net assets have evolved over time, based on quarterly financial data. Check VL E-Governance & IT Solutions Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for VL E-Governance & IT Solutions Limited (2022–2025)
The table below shows the annual net assets of VL E-Governance & IT Solutions Limited from 2022 to 2025. For live valuation and market cap data, see VLEGOV market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs456.97 Million ≈ $4.94 Million |
-98.13% |
| 2024-03-31 | Rs24.48 Billion ≈ $264.79 Million |
-6.49% |
| 2023-03-31 | Rs26.18 Billion ≈ $283.16 Million |
+0.23% |
| 2022-03-31 | Rs26.12 Billion ≈ $282.53 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to VL E-Governance & IT Solutions Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 679.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs1.08 Billion | 237.33% |
| Other Comprehensive Income | Rs4.98 Billion | 1088.98% |
| Other Components | Rs162.50 Million | 35.56% |
| Total Equity | Rs456.97 Million | 100.00% |
VL E-Governance & IT Solutions Limited Competitors by Market Cap
The table below lists competitors of VL E-Governance & IT Solutions Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Copaur Minerals Inc
V:CPAU
|
$12.20 Million |
|
Bass Oil Ltd
AU:BAS
|
$12.20 Million |
|
Biocardia Inc
NASDAQ:BCDA
|
$12.21 Million |
|
MENNICA SKARB.AB ZY -10
F:98S
|
$12.21 Million |
|
Alarum Technologies Ltd.
NASDAQ:ALAR
|
$12.19 Million |
|
Vitura Health Ltd
AU:VIT
|
$12.19 Million |
|
BIOEXTRAX AB
F:85X0
|
$12.19 Million |
|
Arrive AI Inc.
NASDAQ:ARAI
|
$12.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VL E-Governance & IT Solutions Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,484,184,000 to 456,966,000, a change of -24,027,218,000 (-98.1%).
- Net loss of 25,170,325,000 reduced equity.
- Other factors increased equity by 1,143,107,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-25.17 Billion | -5508.14% |
| Other Changes | Rs1.14 Billion | +250.15% |
| Total Change | Rs- | -98.13% |
Book Value vs Market Value Analysis
This analysis compares VL E-Governance & IT Solutions Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.04x to 2.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | Rs246.58 | Rs10.40 | x |
| 2023-03-31 | Rs247.13 | Rs10.40 | x |
| 2024-03-31 | Rs231.11 | Rs10.40 | x |
| 2025-03-31 | Rs4.29 | Rs10.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VL E-Governance & IT Solutions Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5508.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8201.85%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.06x
- Recent ROE (-5508.14%) is below the historical average (-1377.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 3.92% | 17.53% | 0.22x | 1.02x | Rs-1.59 Billion |
| 2023 | 0.22% | 0.81% | 0.27x | 1.03x | Rs-2.56 Billion |
| 2024 | -6.94% | -772.03% | 0.01x | 1.03x | Rs-4.15 Billion |
| 2025 | -5508.14% | -8201.85% | 0.63x | 1.06x | Rs-25.22 Billion |
Industry Comparison
This section compares VL E-Governance & IT Solutions Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $3,418,916,156
- Average return on equity (ROE) among peers: 18.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VL E-Governance & IT Solutions Limited (VLEGOV) | Rs456.97 Million | 3.92% | 0.06x | $12.20 Million |
| AAA Technologies Limited (AAATECH) | $239.64 Million | 9.76% | 0.16x | $12.40 Million |
| Accelya Solutions India Limited (ACCELYA) | $1.98 Billion | 53.85% | 0.39x | $184.44 Million |
| Adroit Infotech Limited (ADROITINFO) | $208.81 Million | -1.14% | 0.47x | $5.85 Million |
| Airan Limited (AIRAN) | $890.10 Million | 6.58% | 0.32x | $20.46 Million |
| Alankit Limited (ALANKIT) | $2.97 Billion | 7.26% | 0.79x | $22.81 Million |
| Bartronics India Limited (ASMS) | $282.50 Million | 6.18% | 0.15x | $23.12 Million |
| BIRLASOFT LIMITED (BSOFT) | $17.14 Billion | 16.89% | 0.46x | $914.02 Million |
| Computer Age Management Services Limited (CAMS) | $6.48 Billion | 44.31% | 0.48x | $2.14 Billion |
| Cigniti Technologies Limited (CIGNITITEC) | $3.72 Billion | 28.29% | 0.43x | $374.23 Million |
| Cambridge Technology Enterprises Limited (CTE) | $289.26 Million | 10.80% | 0.21x | $7.27 Million |
About VL E-Governance & IT Solutions Limited
VL E-Governance & IT Solutions Limited provides system integration and IT/ITES services for various e-Governance projects in India. The company is also involved in the E-Governance services, IT/ITES system integration services, B2B Trading business and IT/ITEs equipment trading activities. It offers e-governance services, UIDAI aadhaar enrolments, national population registrar, digitization of la… Read more