VLEGOV

The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. VL E-Governance & IT latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances

Balance sheet of VL E-Governance & IT is strong. It shouldn't have solvency or liquidity issues.

The profit is oscillating. The profit of VL E-Governance & IT is -₹161.11 Crs for TTM, -₹169.93 Crs for Mar 2024 and ₹5.89 Crs for Mar 2023.

The debt of VL E-Governance & IT is decreasing. Latest debt of VL E-Governance & IT is ₹50.05 Crs as of Sep-24. This is less than Mar-24 when it was ₹50.95 Crs.

VL E-Governance & IT is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of VL E-Governance & IT is 0.0, while 3 year average PE is 27.88. Also latest EV/EBITDA of VL E-Governance & IT is 4361 while 3yr average is 1701.

VL E-Governance & IT has given lower returns compared to its competitors. VL E-Governance & IT has grown at ~-37.4% over the last 1yrs while peers have grown at a median rate of -34.65%

Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in VL E-Governance & IT is 23.24% and last quarter promoter holding is 23.79%

There is Insufficient data to gauge this.